Binance Highlights Utility In Memecoins As Traders Reap Massive Profits

Rachel Conlan, Chief Marketing Officer at Binance, has offered a fresh perspective on memecoins, often criticized for their lack of practical utility. Speaking on the matter, Conlan acknowledged the stigma surrounding memecoins but emphasized the emergence of projects with built-in utility—a feature Binance seeks in its listings. She further noted that Binance’s listing process will … Read more

Shiba Inu Holder Expands Portfolio As Burn Rate Surges And Festive Giveaway Announced

A prominent Shiba Inu (SHIB) whale, identified as wallet address 0x9d9…Eb2d6, has once again increased their holdings. This time, the major holder added SHIB tokens worth $2.54 million, bringing their total SHIB portfolio to a staggering $21.72 million. https://twitter.com/ai_9684xtpa/status/1862377251284951277 Since June, the investor has strategically withdrawn 83.63 million SHIB tokens from Coinone at an average … Read more

Trader Turns $115K Into $3.9M On Base wmWith Memecoin Investments

A savvy trader has managed to transform an initial $115,000 investment into an impressive $3.9 million on the Base network in under 20 days, primarily through strategic trades in memecoins.   The trader’s most notable gain came from $AIXBT, where they turned $88.5K into a profit of approximately $3 million, achieving a 34x return. Additionally, they … Read more

Whale 0xfbf Nets $13.1M Profit From PEPE While Diversifying Across Other Cryptos

Crypto whale 0xfbf, also known by the handle @degentradingLSD, has made a significant move by depositing 254.65 billion PEPE tokens (worth $5.15 million) to Binance, securing a hefty profit. Despite the sizable transaction, the whale retains 430 billion PEPE tokens, valued at $8.7 million, bringing their estimated total profit from PEPE to an impressive $13.1 … Read more

Whale 0x535 Withdraws $3.14M In PEPE From KuCoin Amidst Onchain Surge

A new crypto whale, identified as 0x535, has made waves in the memecoin market by withdrawing an additional 150 billion PEPE tokens (worth $3.14 million) from KuCoin. This marks the seventh transaction in the past eight hours, bringing the total PEPE accumulated by this whale to 309.6 billion tokens. The purchases, completed at an average … Read more

The Risks of FOMO: Trader Loses $166K In Two Days Chasing Memecoins

A cautionary tale about the dangers of FOMO (Fear of Missing Out) has emerged, as one trader lost a staggering $166.2K in just two days by chasing hype around memecoins.   The trouble began yesterday when the trader FOMO-bought $QUANT, only to see its price drop shortly after. Frustrated by the loss, he sold his $QUANT … Read more