Zach Rynes, also known as “ChainkLinkGod,” said that XRP is a “banker-themed memecoin” that failed to get traction.
Learn how MemeFi combines gaming and memecoin fandom on Telegram, offering engaging battles, rewards and player-driven governance.
Onchain data shows that the trader holds 9.62 million CHILLGUY tokens, worth about $5.6 million at current market prices.
The Bitcoin price is consolidating just below the $100K milestone, which has shaken up the major altcoins. Meanwhile, the memecoin has remained stuck within a range as Dogecoin gains huge momentum. This raises the possibility of major price action for popular memes like FLOKI, PEPE, and BONK, but the technicals are about to flip to …
One analyst outlined the possibility of DOGE reaching $30+ by Jan. 19, 2025, based on historical performance.
Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market. Solana Makes Historic Recovery, Eyes USDT Flippening Solana (SOL), the much-touted “Ethereum killer,” is again in the spotlight. After dominating the 2020-21 crypto bull market, the digital asset saw its value plummet after FTX’s spectacular collapse, led by Sam Bankman-Fried. However, SOL has staged an impressive comeback over the last two years. Related Reading: $4,000 Solana Price Possible As SOL Breaks Out Of Massive Cup And Handle Pattern At the time of writing, SOL is the fourth-largest cryptocurrency, with a reported market cap of over $123 billion. The layer-1 blockchain’s market cap is just $8 billion shy of overtaking stablecoin Tether’s (USDT) market cap of $130 billion. Notably, SOL needs a further 10% price appreciation to decisively increase USDT’s market cap and become the third-largest digital asset by market cap. SOL will only trail Bitcoin (BTC) and Ethereum (ETH) as the third-largest cryptocurrency. Given the token’s recent price trajectory, it won’t be surprising to see SOL surging past the leading stablecoin’s market cap before the end of the year. In the last three weeks alone, the token has experienced a remarkable 75% surge, rising from $148 on November 4 to $259 at the time of writing. While the broader crypto market has gained momentum following the victory of pro-crypto Republican US presidential candidate Donald Trump, attributing SOL’s rise solely to this would be disingenuous. Memecoin Frenzy, Increased Network Activity, ETF Potential Helped SOL SOL’s remarkable turnaround can be linked to several factors that have spurred increased network adoption. One of the most prominent contributors is the ongoing memecoin frenzy, which has emerged as a dominant narrative in the crypto market. Related Reading: Solana Memecoin Market Thrives: POPCAT Reaches New Record Price Of $1.75 Memecoins – particularly those based on the Solana blockchain – have emerged as the crypto market’s top narrative over the last year. In October alone, the total market cap of Solana-based memecoins surpassed $10 billion. This memecoin craze has also translated into heightened network activity for Solana. Between September and October, Solana saw a 42% month-over-month (MoM) increase in active addresses, amounting to approximately 123 million. Besides benefitting from the memecoin narrative, Solana has also seen increased decentralized finance (DeFi) activity throughout the year. According to DefiLlama data, Solana is home to the second-largest DeFi ecosystem in the world, with a total value locked (TVL) of $9.265 billion. In addition, there are growing prospects for a Solana-based exchange-traded fund (ETF). A recent report indicates that the US Securities and Exchange Commission (SEC) is holding active talks with multiple asset managers regarding the potential launch of a new spot Solana ETF. While SOL’s achievement of a new ATH is impressive, experts believe the token still has significant growth potential. At the time of writing, SOL trades at $259, up 6.2% over the past 24 hours. Featured image from Unsplash, charts from DefiLlama.com and Tradingview.com
Solana’s fresh all-time highs were driven by investors’ memecoin mania and euphoria over Bitcoin’s strong rally. Can SOL hit a new high?
Sandeep Nailwal, the Ethereum layer-2 network Polygon co-founder, has voiced concerns that the growing trend of memecoin scams could attract regulatory scrutiny. Nailwal highlighted these risks in a Nov. 21 post on X, pointing to recent incidents as potential triggers for government intervention in the crypto space. QUANT controversy Nailwal’s remarks were prompted by a […]
The post Polygon’s Sandeep Nailwal warns memecoin rug pulls like QUANT may invite regulatory crackdown appeared first on CryptoSlate.
Some community members advised the artist to just try to get rich from the situation and retire.
Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.
Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility.
Bitcoin smashed a new ATH at $94,000 a few moments ago but failed to trigger the entire crypto market. This could be probably due to the rising dominance of Bitcoin. Regardless of the ongoing sell-off, which has slashed the BTC price to $92,500, some of the altcoins have been fighting the bearish activity. Memecoins like …
The cryptocurrency known for its climb fueled by memes, Dogecoin (DOGE), is slowly approaching crucial price points that can cause a lot of market activity. The token, which has regained attention from both casual investors and traders, might be preparing to revisit its all-time high (ATH) of $0.73, a level tied to an ambitious $100 billion market cap. Related Reading: XRP Mania On The Rise: ATH Predictions Backed By Solid Google Search Interest Cryptocurrency specialist Master Kenobi is of the opinion that this particular milestone can give a psychological edge not only to the holders of Dogecoin but also to the whole cryptocurrency community at large. Dogecoin may use this valuation as an advertising of sorts, reviving interest and attracting new investors to the ecosystem. It is yet unclear if DOGE will be able to overcome its past propensity for short-term consolidation and steer toward a more gradual ascent this time. ✨ #DOGE quick UPDATE: Have you ever wondered what the #Dogecoin chart would look like when scaled to the previous cycle? If the price starts moving toward a new level now, the first stop would likely be the ATH, a zone that coincides with a market cap of approximately $100B.… https://t.co/uuRPgGjcuw pic.twitter.com/IlG0e80ZZ2 — Master Kenobi (@btc_MasterPlan) November 17, 2024 Is It A Surge Or Stagnation? Two different possibilities are emerging, according to analysts, as DOGE moves closer to these critical zones. According to the first scenario, there may be a low-volatility phase of stasis followed by an explosive breakout. Before a retreat happens, a surge like this might drive DOGE’s price toward the desired $1 level or perhaps higher, aiming for a range of $1.2 to $1.3. The second scenario suggests a quicker rise fueled by strong momentum, breaking through resistance levels without a prolonged pause. For now, the 43.14% price volatility recorded in the past 30 days serves as a reminder of Dogecoin’s unpredictable nature, even during bullish cycles. A Bullish Market With Cautionary Notes The picture painted by market indicators is conflicting but generally positive. Dogecoin has shown resiliency and investor trust by achieving green days on 63% of the previous month. The Fear & Greed Index, which states a reading of 90, indicates growing enthusiasm. However, CoinCodex has already predicted a possible decline in price by 7.63% by December. This prognosis emphasizes the need for caution rather than undermining the current bullish mood. While long-term holders should balance the risks of volatility against the possibility of significant rewards, short-term traders may discover opportunities during times of consolidation or declines. Related Reading: Shiba Inu (SHIB) Ready To Roar! Analyst Calls For A 200% Spike A Crucial Moment For DOGE The success of Dogecoin in navigating significant resistance levels and sustaining market interest will determine if it retests its ATH. Investors must be alert despite the euphoria around its development. As DOGE continues to generate headlines and conjecture in the cryptocurrency world, it will be crucial to strike a balance between the excitement of potential new highs and the realities of market swings. Featured image from Kurt Pas from Getty Images, chart from TradingView
The crypto markets are in the middle of a fresh bullish spell as the top tokens have been manifesting acute strength, majorly Bitcoin. With this, Ethereum’s price also rose above $3000 but failed to reach $4000, even though the BTC price managed to mark new highs close to $93,500. Here are the altcoins which are …
According to Coinbase CEO Brian Armstrong, the planned Department of Government Efficiency, or DOGE, offers incoming President Donald Trump a once-in-a-lifetime opportunity to fix the country’s bloated bureaucracy. Related Reading: Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval Armstrong shared his views via a Twitter/X post, saying that cutting the government’s size […]
Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward.
President-elect Donald Trump’s new US department has not yet come to life but is already sparking the interest of a US ally in the Asia-Pacific region. The Japanese government shows great interest in how the new US Department of Government Efficiency, or DOGE, will function and how its appointed head Tesla founder Elon Musk would bring […]
In a recent video analysis, Crypto Banter has identified key meme coins poised for major exchange listings, including the possibility of debuting on Binance. With meme coins gaining popularity for their community-driven appeal, knowing what drives their selection is crucial for early adopters. So, what memecoins might get listed next on Binance? Meme Coin Listing …
Coinbase has added memecoin FLOKI to its roadmap, signaling a potential future listing. FLOKI, inspired by Elon Musk’s pet dog, has gained traction as a community-driven cryptocurrency. This development follows Coinbase and Robinhood’s recent PEPE launch, which caused a surge in PEPE’s value. FLOKI’s roadmap inclusion reflects the exchange’s interest in expanding its meme coin …
Shortly after WIF and PEPE Coin were added to the listing roadmap, Coinbase has also announced the addition of FLOKI INU to its listing roadmap. To comply with the listing process, Coinbase has included Floki Coin in its roadmap, implying that it may be listed soon. The ongoing interest in meme coins, particularly those like …
Peanut the Squirrel has rapidly gained prominence in the cryptocurrency sector, establishing itself as a leading memecoin on the Solana blockchain. Within a 24-hours span, PNUT surged almost 200% to attain an all-time high price of $2.4 on November 14, before stabilizing at approximately $2.23. Related Reading: Shiba Inu Price Watch: 60% Rally Catches Whale Attention – Is More Growth Ahead? This rapid ascent has rendered it the highest daily gainer and elevated its market capitalization to about $1.8 billion, securing its position within the top 50 cryptocurrencies. The Excitement Surrounding The Increase: The Elon Musk Influence The increase in PNUT’s price can be mostly ascribed to a tweet from Elon Musk, in which he remarked, “America was saved by a squirrel and a meme coin!” This tweet rapidly gained popularity, akin to the other endorsements made by Elon Musk that have propelled other memecoins, such as Dogecoin, to new heights. The origin of PNUT enhances its appeal; it was established in reaction to popular indignation about the euthanasia of a pet squirrel named Peanut by New York City’s Department of Environmental Conservation. This occurrence elicited extensive sympathy and discourse on social media channels, highlighting the token. Apart from the influence of Elon Musk, PNUT has profited from the broader increase in the bitcoin market, partly resulting from recent political developments following the triumph of the Republicans in the US elections. While these factors are associated with a period of increased market activity and speculation, many investors are now turning their attention to PNUT in anticipation of possible gains. PNUT: Trading Activities And Market Positioning The escalation of the trading volume of the meme coin courtesy of an Elon Musk social media post, however, increased by nearly 280% during the same 24-hour period making it approximately $5.75 billion. This upsurge in trading activity is indicative of the strong fervor and expectation level possessed by investors towards the token’s future performance. Subsequent to its recent debut on Binance, PNUT has garnered attention and is currently ranked as the third-largest memecoin on Solana, following established entities such as dogwifhat (WIF) and Bonk (BONK). Market analysts exhibit optimism regarding PNUT’s future prospects. Technical indications indicate a bullish trend, with forecasts suggesting a potential 300% gain in value in the forthcoming days. Should PNUT surpass its existing resistance level of $2.3, it could facilitate the attainment of elevated ambitions. Related Reading: Solana Rising: Key Metrics Hint At Serious Ethereum Competitor The Road Ahead Many investors want to find out if PNUT can keep its momentum and reach fresh highs. There is clear excitement about this memecoin; some estimate it may hit $6 immediately if it continues its increasing trend. All cryptocurrencies still naturally have volatility, though. Peanut the Squirrel’s rise reflects bitcoin’s rapid wealth swings. PNUT’s unique tale and solid sponsorships have drawn cryptocurrency newcomers and veterans. As the story progresses, PNUT’s ability to dominate the ever-changing digital asset market will be highlighted. Featured image from Pexels, chart from TradingView
Pepe’s market capitalization has briefly topped $10.2 billion from around $5.7 billion just a day ago fuelled by the optimism on the recent listing news by major exchanges like Coinbase and Robinhood. Its market cap currently stands at $9.5 billion. PEPE Surges 77%! PEPE stands at an impressive 24-hour trading volume of $14.65 billion and …
Dogecoin (DOGE) continues to lead the crypto market with its 116% surge over the last week. The memecoin’s frenzy has outperformed most to 100 cryptocurrencies and even made DOGE’s price in South Korean exchanges briefly rise higher than global exchanges like Binance. Related Reading: Solana (SOL) Records 3-Year High As Price Hits $220, Is $260 Next? ‘Kimchi Premium’ Returns Amid Dogecoin Rally Trump’s victory sparked a massive crypto market rally, creating a craze around the leading memecoin Dogecoin. The token’s trading volume increased 157% in the last seven days, driving DOGE’s price from trading below the $0.20 mark to above the $0.40 range. This week, the Dogecoin frenzy arrived in South Korea, eclipsing a significant share of the Korean market. Web3 analyst Bradley Park highlighted that the memecoin had a remarkable $10.6 billion 24-hour trading volume on the Korean exchange Upbit. Based on CryptoQuant data, the analyst pointed out that Dogecoin was the local crypto exchange’s top-traded token, with 32.4% of the total volume as of Wednesday, surpassing Bitcoin (BTC). Moreover, on Tuesday, Dogecoin saw a spike in volume globally, reaching $22 billion in a single day. Upbit accounted for 20.7% of DOGE’s global trading volume, falling second to Binance’s 41.5% share. The memecoin’s spike in Korean demand sparked DOGE’s “Kimchi Premium” on Korean top crypto exchanges. “Kimchi Premium” refers to the price gap of a cryptocurrency between South Korean and global exchanges. On Tuesday, the DOGE/KRW trading pair on Upbit and Bithumb briefly surpassed the DOGE/USDT pair on Binance by 1.5%, recording the largest premium in three months. At the time of writing, Upbit’s DOGE/USDT trading pair is trading at $0.433, 1.6% above Binance’s $0.426 trading price. DOGE About To Reach The Moon? Dogecoin’s performance has sparked a bullish sentiment among investors. According to crypto analyst Kaleo, the memecoin is “in the process of making the massive impulse move to the new all-time Highs at the early stages of a new bull market that it is known for.” The analyst details that the cryptocurrency makes “swift moves with massive multiples” around 200 days after the Bitcoin Halving, with timing between previous ATHs and the beginning of each move having a “similar cadence.” Related Reading: Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues The analyst noted that Dogecoin still has “a lot of room to run up” if history repeats itself. He explained that the last time DOGE moved up from its current levels, it surged 65% to above the $0.7 mark in 24 hours. Moreover, he highlighted that the last time the memecoin registered a breakout like this from its BTC pair, it had a remarkable 175% pump toward its previous ATH. Based on this, the analyst forecasted that the long-awaited $1 target for the memecoin will be reached soon. Dogecoin is trading at $0.42, a 9.7% and 114% surge in the daily and weekly timeframes. Featured Image from Unsplash.com, Chart from TradingView.com
Amid the recent price surge in Pepe, with almost a 100% surge in the past 24 hours, the giant whale has started to book profits. The whale deposited 500 billion Pepe tokens worth $11.38 million over Coinbase. The whale spent 1173 ETH tokens worth $2.04 million to buy 2 trillion Pepe tokens between May 6 …
As Bitcoin (BTC) price rallied above $93k for the first time since its inception, it is now more than clear that the crypto bulls are in action. While Gold price has been bleeding in the past two weeks, Bitcoin price has surged more than 24 percent in the same period to trade at about $89,622 …
A group of JENNER memecoin buyers sued Caitlyn Jenner, claiming she made “false and misleading statements” about the token, which they allege is an unregistered security.
Pepe (PEPE) is drawing attention as one of the leading meme coins. According to Spot On Chain, a whale recently deposited 52.62 billion PEPE (valued at $10.03 million) into Binance, marking a $5.04 million profit (+97%) in just eight days. Following Coinbase’s listing announcement, PEPE’s price surged by about 61% within 24 hours. Interestingly, if …
Increasing the FOMO in the crypto market, the story of Pnut guy is trending in the industry. As the price of Pnut increased by 100% in the past 24 hours, the Pnut rally continued. Before the rally, 19.4 million Pnut tokens were bought by a trader in exchange for 8 SOL tokens worth $1,366. Due …
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.
A lot of limelight has been seen recently on Shiba Inu (SHIB) making it one of the hottest topics to consider in the cryptocurrency arena. The price of SHIB rose by more than 70% over the past week, to the delight of investors and dealers. The trading volume has surged to as high as 246%, reaching an unprecedented high of $6.18 billion, putting to rest doubt over where SHIB will trend next. Related Reading: Shiba Inu Strategic US Hub Plan Sends SHIB Price On A 23% Moonshot SHIB & The Trump Effect Analysts however contend that the rise in SHIB can be ascribed to the rampant zeal witnessed in the cryptocurrency space fueled by some recent events in the US, including Donald Trump’s election victory, which has invigorated market sentiment – and his endorsement of Elon Musk for a proposed crypto department once he starts work as president. Amidst this anticipation, SHIB has set its sights on a rather steep growth curve. Currently situated a notch below where it should be, this degree of undervaluation points to the potential for a sharp uptrend within a few days from now. In the medium term, SHIB’s price forecast is rather optimistic given the projected 91.16% increase in the price over the next 6 months. This suggests that this meme token could be on an upward trajectory for quite some time as it cements its position among the leading crypto assets. Market Sentiment On The Rise The cryptocurrency landscape, on the other hand, paints a much broader and more optimistic picture, thereby raising a lot of expectations around SHIB. Market experts believe that the victory of Trump has created a market euphoria that complements the rally of Bitcoin and the rest of the digital assets and helps in the upward trajectory of SHIB. Whale Activity Indicates Interest Apart from market mood, on-chain data shows an increase in activity by important SHIB holders, known as “whales.” Data by IntoTheBlock shows that early November saw a notable rise in the volume of these high-value transactions—6.47 trillion SHIB overall. A high level of whale activity typically indicates a strong interest from significant investors, as they position themselves for potential future gains. An indicator that SHIB may be in for another round of price jumps is this pattern of accumulation among large participants. Still fairly fresh off of a confirmed Hidden Bull Divergence and holding broken out, $SHIB (Shiba Inu), in the midst of a roaring Bitcoin market, can be getting ready for its next level performance towards the $0.00081 target! This target’s currently over 306% away and a push to… https://t.co/0ySjEfPQgF pic.twitter.com/DwklAFs8zj — JAVON⚡️MARKS (@JavonTM1) November 8, 2024 Related Reading: Unstoppable Bitcoin: BTC Price Barrels Past $81,000 For New ATH — $82k Now Within Reach SHIB’s Route To A Significant Price Target Meanwhile, market observers are currently focusing on a potential target of $0.00081, which would represent a 306% increase from current levels, following recent technical breakouts and a confirmed concealed bullish divergence on the charts. Featured image from DALL-E, chart from TradingView