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

Jupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers

Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin and Ethereum with Double-Digit Growth This Week A plethora of cryptocurrencies, other … Read more

Shiba Inu (SHIB) Faces Price Decline Amidst Investor Sales Concerns

Shiba Inu (SHIB), a cryptocurrency that experienced a remarkable surge of over 250% in recent weeks, is now facing a notable price decline, with a 7% decrease today and a 20% drop over the week, ultimately closing below the $0.00003 mark.  This downturn has raised concerns among investors about potential sell-offs, particularly as it coincides … Read more