Dogecoin and Shiba Inu Show Potential Despite Market Stagnation

Despite recent market struggles, Dogecoin (DOGE) and Shiba Inu (SHIB) have remained stagnant, closely mirroring Bitcoin’s bearish trend with low on-chain activity. However, analysts foresee potential upside, predicting significant gains in the long run. Despite recent market struggles, Dogecoin (DOGE) and Shiba Inu (SHIB) remain stagnant. Their prices are closely tied to Bitcoin, reflecting a … Read more

Shiba Inu Whales Withdraw Holdings From Exchanges, Sparking Investor Speculation

Recent activities by Shiba Inu (SHIB) whales have stirred significant interest and speculation among investors. These large holders have been transferring substantial amounts of SHIB from exchanges, raising questions about their intentions and the potential impact on the market. In a notable move, Shiba Inu whales transferred a total of 2.55 trillion SHIB from exchanges. … Read more

Meme Coin Market Rises 4.6% With Presidential Meme Token BODEN Leading the Pack

With bitcoin exceeding $70,000 on Wednesday, the leading meme coins experienced notable increases over the last 24 hours. Shiba inu (SHIB) advanced 7.7% in the past day, while dogecoin (DOGE) rose 2.1%. Among the top five meme coins by market capitalization, floki (FLOKI) saw a 21.2% increase over the past day. However, BODEN emerged as … Read more

Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors

A new report by crypto exchange Bybit shows that meme coins are becoming significant components of crypto portfolios. Institutional meme coin holdings surged 226% from February to March while retail meme coin holdings spiked 478% from February to April. However, they “aggressively sold off” their meme coins when market sentiment soured. ‘We Saw a Large … Read more

Memecoins Surge, Outperforming Bitcoin: Top 5 Memecoins By Market Cap

Over the past week, memecoins have outshined Bitcoin, recording over 25% growth as a category.  Memecoins have outperformed $BTC in the past 7 days, gaining over 25% growth as a category. Let’s dig into the top 5 memes by market cap. 👇 pic.twitter.com/bxstXHZ483 — Cointelegraph (@Cointelegraph) May 27, 2024 Here’s a look at the top … Read more

Whale Deposits 198 Billion SHIB To Coinbase, Realizing Massive Profit Amid Memecoin Surge

The recent memecoin surge has seen significant whale activity, notably with Whale 0x541 depositing all 197.99 billion Shiba Inu (SHIB) tokens, valued at $4.88 million, to Coinbase at $0.00002463 after six months of inactivity.  This move marks a significant profit for the whale, who originally acquired these tokens at an average price of $0.000008468. Between … Read more

Meme Coins Outperform Broader Crypto Market With Notable Gains

In the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day’s top performer, climbing 41.8%, while FLOKI saw an 18.7% increase. Top Meme Coins Register Impressive Gains As of April 21, 2024, the meme coin sector is experiencing significant … Read more