Tag

Meme Coin

All articles tagged with #meme coin

business7 months ago

Mixed Reactions and Lax Security at Trump's $148 Million Crypto Dinner

President Donald Trump hosted a high-profile gala for top buyers of his meme coin $TRUMP, which saw a significant price drop afterward. The event was criticized for poor food, lax security, and brief attendance by Trump himself. The gathering drew regulatory and political scrutiny, with protests outside and concerns over potential conflicts of interest and the impact on crypto legislation, especially the bipartisan stablecoin bill. Despite the controversy, some officials remain optimistic about the future of stablecoins in the U.S.

cryptocurrency1 year ago

WIF's $93.8M Exit Sparks Speculation of 30% Price Surge

The Solana-based meme coin WIF is showing potential for a 30% price surge if it can close above the $3.5 level, driven by strong bullish sentiment among traders and significant outflows from exchanges. Currently, 80.93% of top traders on Binance hold long positions, indicating confidence in an upward trend. Technical indicators such as the Relative Strength Index and Exponential Moving Average support this bullish outlook, with WIF trading near $3.41 after a recent breakout.

cryptocurrency1 year ago

Top Altcoins to Watch: Potential Rivals to Dogecoin and Ethereum in the Bull Run

As the cryptocurrency market anticipates a bull run, Dogecoin's potential to reach $10 is being closely watched, but a new rival, XYZVerse, is emerging as a strong contender. XYZVerse, a sports-themed memecoin, is gaining attention with its ambitious growth plans and unique offerings like entertainment dApps and sports betting. While Dogecoin has shown significant price increases recently, technical indicators suggest a potential slowdown. Meanwhile, XYZVerse aims to capitalize on the gambling niche and achieve massive growth, positioning itself as a leading memecoin.

cryptocurrency1 year ago

Crypto Analyst Predicts 160% Surge for Unnamed Meme Coin

A crypto analyst, CoreCrypto1, has predicted a 160% breakout for DOGS, a meme coin on the TON blockchain, following its recent breakout from a descending triangle pattern. DOGS, which launched in July 2024, has gained popularity on social media, particularly among Telegram users. The analyst suggests entering at the current price with targets of $0.0008, $0.0011, and $0.00152, indicating potential returns of up to 166%. DOGS has already seen a 12.5% increase in the past 24 hours, supporting the bullish outlook.

cryptocurrency1 year ago

Normie Meme Coin Crashes 99% After Exploit, Team Considers Hacker Demands

The meme coin Normie (NORMIE) plummeted 99% after attackers exploited a tax function in its contract, manipulating the token's supply and draining its liquidity pools. The attacker offered to return 90% of the stolen funds if the developers agreed to relaunch the project, which they accepted. The attacker criticized the contract code as a "copy-paste" job, highlighting the lack of thorough review. The exploit caused significant losses for investors, with one losing $1.6 million. Normie's market cap dropped from over $40 million to just $700.

cryptocurrency1 year ago

"Pepe Price Surge: Analyzing Signals, Momentum, and Potential Comeback"

Pepe, a meme-inspired cryptocurrency, has seen a notable upward movement with an 8% uptick in value, reaching $0.000008399. It has secured the third spot among meme coins, reflecting growing investor interest in the sector. Recent market indicators suggest positive momentum, with potential for a bullish scenario reaching $0.0001, while a descent to $0.000007 is possible if negative trends persist. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) signal balanced market conditions and sustained investor interest, indicating potential price volatility ahead.

cryptocurrency1 year ago

"Doge Day Anticipation: Dogecoin's Aggressive Market Move and Price Predictions"

DogeDesigner, a prominent figure in the cryptocurrency community, hinted at a bold market move for Dogecoin, as the meme-inspired cryptocurrency surged over 48% in the last seven days, reaching a market capitalization of $31.33 billion. The post coincided with a 14% increase in Dogecoin's value to $0.22, ahead of the upcoming Doge Day event on April 20. This surge reflects a wider trend in the cryptocurrency market, particularly among altcoins, triggered by Bitcoin's climb past the $70,000 mark.

cryptocurrency1 year ago

"Shiba Inu Team Forecasts New ATH for SHIB Before 2024"

Anthropic’s Claude 3 Opus AI platform predicts three possible scenarios for Shiba Inu (SHIB) by the end of 2024, with the most plausible scenario suggesting SHIB could trade within the range of $0.000050 to $0.000080. An optimistic scenario sees SHIB potentially surging to $0.000120, while a bearish outlook warns of a retreat to $0.000020. The SHIB community's efforts to enhance utility, increased network activity, and the potential impact of new developments like Shinarium, Bone, and Damn are also highlighted. However, SHIB's value remains heavily susceptible to market fluctuations.

cryptocurrency1 year ago

Shiba Inu's Meteoric Rise: A Closer Look at the Record-Breaking Demand

Shiba Inu's layer 2 scaling solution, Shibarium, has achieved a new all-time high Total Value Locked (TVL) of $2.25 million, signaling its growing prominence in the crypto space. The surge in TVL reflects increased demand and adoption, with over 1.3 million active wallet addresses and 400 million transactions. Additionally, Shiba Inu's meme coin, SHIB, has experienced significant market gains, positioning itself to potentially lead a bullish meme coin season as Bitcoin's dominance diminishes.

cryptocurrency1 year ago

"Shiba Inu (SHIB) Presents Discounted Buying Opportunity and Potential Surge to $0.00029"

Shiba Inu's price has seen a 9.10% decrease, offering a potential buying opportunity for those who believe in its future. The decline in network activity and active addresses has impacted SHIB's value, but analysts suggest a potential recovery and a revisit to its all-time high. The SHIB burn mechanism has seen an increase, and technical analysis indicates the formation of a symmetrical triangle, potentially signaling a new bullish trend. However, the market remains uncertain, and traders should consider various factors before making investment decisions.

cryptocurrency1 year ago

Shiba Inu (SHIB) Soars: What's Behind the Meme Token's Meteoric Rise?

Shiba Inu (SHIB) experiences a 60% price surge as its burn rate spikes over 22,000%, leading to a significant decrease in token supply. While the Shiba Army community remains enthusiastic, some caution against the volatility and speculative nature of meme coins. The long-term success of SHIB may depend on the development of Shibarium and real-world use cases to establish itself as a serious player in the cryptocurrency market.