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Search Results for: Memecoin

Is Shiba Inu (SHIB) Set to Launch Its Own ETF?

After the approval of the 11-spot Bitcoin (BTC) ETF on January 11, expectations are high for more developments in the market. Also, the discussion around potential exchange-traded funds for various digital assets has intensified.  Also, the U.S. Securities and Exchange Commission’s (SEC) green light for eight Spot Ethereum ETFs on

July 11, 2024 2 mins read

Argentina Witnesses Surge in Crypto Adoption Amid Soaring Inflation

Coinciding with a meteoric rise in inflation, crypto popularity in Argentina has reached new heights. According to researchers from Forbes, Argentina has been dominating the Western hemisphere in crypto adoption with an annual inflation rate of 276%. According to a Forbes report from July 8, experts found that among Western

July 9, 2024 1 min read

US Bitcoin ETFs See $295M Inflow as Investors Capitalize on Price Decline

Amid a faltering cryptocurrency market, spot Bitcoin exchange-traded funds (ETFs) based in the US had their largest day of net inflows in over a month. Net inflows for the 11 ETFs totaled $295 million as of July 8. The net inflows across all funds have been positive for the first

July 9, 2024 1 min read

Shiba Inu Lead Developer Teases New Expansion and Strategic Plans

Amidst a backdrop of easing bearish pressures across the global cryptocurrency market, the lading memecoin Shiba Inu (SHIB) has positioned itself with a series of strategic updates aimed at navigating towards a potential recovery.  Following the conclusion of the IVS Crypto event in Kyoto, Shiba Inu’s pseudonymous lead developer, Shytoshi

July 9, 2024 2 mins read

What Can Traders Look Forward To As the Market Slowly Revive?

The cryptocurrency market has been grappling with bearish sentiment since late June, pushing Bitcoin to a five-month low below $54,000 and Ethereum to a two-month low under $2,820 last week. The global market cap dipped below $2 trillion, and many altcoins hit yearly lows with significant double-digit declines. In the

July 9, 2024 2 mins read

Meme Coins are Bouncing Back Amidst Market Fluctuations

The cryptocurrency market has witnessed a prolonged downtrend as the bears put pressure on the potential bull market. The entire market was bleeding lately. However, the global crypto market cap is up 3.21% to $2.11 trillion over the last day. Similarly, the total crypto market volume increased by 33.78% to

July 9, 2024 3 mins read

PEPE Price Drops as Bears Take Control Amid Market Crash

The cryptocurrency sector is still wading through a market crash this week, as leading currencies resist market recovery attempts. In the midst of large tokens, memecoins have also witnessed price downfalls. Frog-based memecoin PEPE caught investor attention for its significant price drop in the last 24 hours. The token has

July 8, 2024 2 mins read

DOGE and SHIB See Double-Digit Gains Amidst Market Uptrend

Today marks a significant recovery in the global cryptocurrency market, led by Bitcoin (BTC) as it surged to the $56,500 zone. This bullish momentum has positively impacted nearly all cryptocurrencies, with notable gains across the board. Following the uptrend momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have shown significant rebounds

July 6, 2024 1 min read

Solana (SOL) Price Drops Below $130 Following Market Bears

The second largest altcoin Solana showed price declines in the last 24 hours, amid market declines. SOL, despite receiving market attention for memecoins failed to price in the meme season over the past month. In the last 24 hours, the altcoin has shown bearish movements, hitting its weekly low momentarily. 

July 5, 2024 2 mins read