The light-hearted nature of crypto has bounced back into the limelight during crypto’s latest purple patch, with the rise in crypto prices this year accompanied by a resurgence in so-called memecoins, led by the likes of Dogecoin, Pepe and Shiba Inu. According to data from BDC Consulting, the number of
The crypto market has been wading in the market dip. Several tokens hit new lows reflecting the intensity of the bearish phase. Among all altcoins, meme coins experienced a considerable downfall in August. The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are struggling to maintain their price at a moderate
The Shibarium community is known to show a spur of activity apart from being an active cornerstone for the memecoin sector. Shiba Inu, the second largest memecoin in the market often garners market attention with its burn rates spiking multifold. In recent times, as of the last 24 hours, the
The memecoin sector holds consistent traders’ interests, which results from unique instances. It frequently sees the launch of new tokens apart from several rug-pull incident reports. Relatedly, in the last 24 hours, a memecoin scam was committed related to the prominent football star, Kylian Mbappe. According to reports, the prominent
TRON’s native cryptocurrency, TRX, has reached a multi-year high of $0.1681, a level last seen in January 2018. This surge is closely linked to the TRON community’s recent decision to increase the network’s energy cap to 120 billion, a move that has significantly boosted network activity and reduced transaction fees.
The Shiba Inu (SHIB) cryptocurrency project plans to launch a Decentralized Autonomous Organization (DAO). It is initiated to empower SHIB holders to participate in the project’s governance. Lucie, marketing lead at the memecoin project, announced the plans for launching DAO on Aug 25 in an X post. The DAO aims
During the Blockchain Futuristic Conference in Toronto, Canada, a live discussion took place at the WonderFi main stage titled “Memecoins, Social Investing, and DeFi – How Retail Trading Will Continue Evolving.” Jelena Djuric, CEO of Noble and a panel speaker, expressed her skepticism about the longevity of these memecoins in
Dismissing all scam rumors, Donald Trump Jr. clearly asserts the new crypto entrant, Restore the Republic (RTR), is “not a memecoin” linked to Trump or his family. After the revelation, the value of RTR crashed 95% from the first post-launch peak. The ongoing US Presidential race and Donald Trump’s pro-crypto
The MakeNowMeme account on X, formerly known as Twitter, has been restored following a brief suspension. The account, which previously allowed users to create Solana-based memecoins with a single tweet, is now active again, with minting and user interactions restored. Earlier today, X temporarily suspended MakeNowMeme, citing violations of its
Shiba Inu (SHIB) began its day bullish as the meme coin rebounded from its recent lows. Some of the analysts are predicting that SHIB can recover and climb up to new highs. Over the past 24 hours, the meme coin’s price has recovered by 2.45%. On the other hand, according
