After reaching two market cap peaks—in early April and late May—meme coins appear to be rebounding, aiming to cross the $60 billion threshold. If this happens, could 2024 witness a ‘Memecoin Summer’ before it concludes, influenced by the Halloween Effect? Numerous traders have succeeded in reaping lucrative gains over the
The October cycle was indeed a not-so-bearish phase for the meme players. Notably, the current cap of the overall memecoin market jumped 13% from $52.48 billion to form this 4-month peak at $59.31 billion. This upswing was revived following the recent listings of emerging memecoins on Binance, the largest crypto
The Solana-based meme coin, Moo Deng (MOODENG), has gained notable attention in the cryptocurrency market, with its value increasing by 128.4% in the last 24 hours. Currently trading at around $0.1649, MOODENG has also seen a 293% rise in trading volume. This price action follows Binance’s announcement of a USD-Margined
Memecoins are once again making waves in the cryptocurrency space. With a surge in popularity, these tokens are being actively traded by both retail investors and whales alike. One such memecoin grabbing attention is Goatseus Maximus ($GOAT). Like others in the space, $GOAT is riding the current memecoin trend, with
This week began on a bearish note for the cryptocurrency market, with many tokens struggling to recover from recent lows. Among them, the popular meme coin Shiba Inu (SHIB) has seen a dip of over 1.5% in the last 24 hours, despite a remarkable spike in its burn rate. According
Pump.fun, a Solana-based memecoin launch platform, has reignited excitement by teasing the release of a new token and a potential airdrop. In an official post on its X account (formerly Twitter), Pump.fun hinted at the airdrop, stating, “The top isn’t in until this drops.” This suggests that the platform believes
Several memecoins have risen to prominence over the past few weeks. This has led to speculations of a returning memecoin season. The largest memecoin and Elon-Musk endorsed DOGE has shown significant surges in the past weeks. Specifically, ApeCoin has shown significant price surges over the weekend. The official ApeCoin account
The cryptocurrency portfolio of the 2024 U.S. presidential election candidate, Donald Trump has witnessed a substantial increase in value of $6.1 million since the beginning of 2024. According to an Arkham Intelligence report, over 65% of Donald Trump’s current crypto assets consist of meme coins. Among them, the largest position
Bitcoin (BTC) has surged back to the $62.5K mark with a 4% rally, and leading altcoins are following the upward trend. Memecoins are also experiencing notable gains, with Dogecoin (DOGE) and Shiba Inu (SHIB) seeing gains between 4% and 10%. However, one memecoin has taken the spotlight—Popcat (SOL), which has
At the start of this week, the crypto market has regained momentum, with the total market cap rising above $2.3 trillion. Bitcoin climbed back over the $63K zone, reaching as high as $63,987, with meme coins showing a significant rally. Dogwifhat (WIF) has been on a remarkable upward trend. In
