Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Memecoin
As Bitcoin’s Weekend Scare Spurs Memecoin Activity, Dogecoin Contender Experiences Meteoric Surge
Over the weekend, the cryptocurrency market experienced a rollercoaster ride as Bitcoin, one of the top crypto coins, faced a sudden dip, triggering panic among investors. However, this turbulence led to a surge in activity within the memecoin sector, with notable contenders like Dogecoin grabbing the spotlight. Amidst this frenzy, a new player emerged – Rebel Satoshi – making waves with its listing on Coinstore and experiencing a meteoric surge in value. Bitcoin's Volatility Sets the Stage Bitcoin's price took…
1 year ago
Memecoin Crash: Dogecoin (DOGE) and Shiba Inu (SHIB) Experience Declines Amid Market Corrections
In the latest cryptocurrency market update, Dogecoin (DOGE) and Shiba Inu (SHIB), two leading meme coins by market capitalization, have witnessed declines over the past 24 hours. Dogecoin, currently the ninth-largest cryptocurrency with a market cap exceeding $21 billion, has seen an 8% decrease in its price during a widespread market downturn. Despite a substantial 24-hour trading volume of $2 billion for DOGE, this represents a significant 47% reduction from the day before. Altcoin investors take note - IBET is…
1 year ago
Memecoin Inspired by Ugandan Knuckles Enters the World of Crypto
Ugandan Knuckles Coin ($KNUCKS) is the latest memecoin to join the crypto space with great ambitions. Ugandan Knuckles Coin pays homage to one of the most iconic and beloved memes ever. The project aspires to reclaim purpose in the meme community and expand its presence in the world of digital finance. With its clear roadmap, $KNUCKS seeks to preserve the unifying and fun-loving spirit of the Ugandan Knuckles meme. The Rise of $KNUCKS: A New Memecoin on the Block As…
2 years ago
AI Trolls Announces Sale of Revolutionary AI Trolls Coin and AI-Powered Meme and NFT Generator
AI Trolls - A Texas-based blockchain company - announced the imminent sale of its AI Trolls Coin, the potentially next moonshot and game-changing memecoin. This unique project combines artificial intelligence (AI) with memes and NFTs to create a secure, interactive product with limitless possibilities. The resurgence of memecoins shows an increasing demand for cryptocurrencies embodying the humor of modern online culture. This trend spurs new projects with distinct approaches to relevant, present-day technologies. One of them is AI Trolls -…
2 years ago
Will Smith Inu: Are Memecoins a Lucrative Mockery of Cryptocurrencies?
From the failure of the “Let’s Go Brandon” token to controversies around Will Smith Inu, meme coins are beginning to generate suspicious rep, despite their popularity. Spanning almost a decade of existence themselves, meme tokens have managed to carve out their own flourishing niche in the crypto industry. They are also most likely going to stay. Considering their cheap prices and popularity, some argue that meme tokens are a good entry point into crypto for newbies. But are they really?…
3 years ago
Memecoin “Let’s Go Brandon” Faces Lawsuit over Alleged Pump & Dump Scheme
Developers of the meme token, "Let's Go Brandon", have been accused of robbing investors via a pump-and-dump scheme. Eric De Ford, a supposed victim of the scam, filed a lawsuit against the LGB creators for unlawfully manipulating prices. LGB creators allegedly maneuvered prices to their advantage by inciting a price pump, before selling off their assets shortly after. Accusers claim that the defendants walked away with significant profits while leaving other unsuspecting investors in the red. Hence, Ford filed a…
3 years ago
Volt Inu Announces PancakeSwap Listing As ETH/BSC Bridge Looms
Volt Inu ($VOLT), a token built on Ethereum, is excited to announce that it has just finalized the $VOLT BSC smart contract. Consequently, a PancakeSwap listing and ETH/BSC bridge are coming soon. Recently, Floki Inu also brought BSC to the Floki Inu ecosystem. To do this, they created a liquidity pool on PancakeSwap while ensuring that total circulating supply across both the ETH and BSC chains never exceeded 10T tokens as originally promised. The same group that partnered with Floki…
3 years ago
Could Shiba Inu get listed on Robinhood in January 2022
Shiba Inu (SHIB) is a token born relatively recently, appearing on the market in August 2020. Those who created Shiba did so in the wake of another cryptocurrency having as its symbol that same dog breed: the Dogecoin (DOGE). DOGE was born seven years earlier as a mere joke, but it became a natural phenomenon in 2021. Shiba Inu immediately attracted the attention of investors, triggering decisive price hikes. Its fame has grown so much that, today, one of the…
3 years ago