PEPE and other Memecoins trading activity is putting deflationary pressure on ETH. According to ultrasound.money, over 60K ETH has been net burned since the Merge, representing a 2,62% annual supply reduction ceteris paribus,”holding other things constant,” or “all else being equal.” Uniswap, the largest decentralized exchange on the Ethereum network, accounts
Following memes, cartoon characters from the past decade are also getting into the cryptocurrency market. One such recent new edition is the Oggy Inu (OGGY). The memecoin’s emergence doesn’t have an end at all, with the entry and evolution of a set of tokens every day. #OGGY x #SHIBA 🔸
The AI-generated memecoin named TURBO is now trending on Twitter with 1.63 million tweets. Currently, this memecoin has traded more than $100M tokens in the last 24 hours which is considered a massive leap. Furthermore, CoinMarketCap reports that TURBO is priced at $0.001309 with a massive increase accounting for 304.85%.
Pepe, the cryptocurrency linked to the internet meme icon Pepe the Frog, has become a notable contender in the meme coin market, challenging the likes of Shiba Inu (SHIB) and Doge (DOGE). It’s recent listing on BitMEX, a significant player in the cryptocurrency exchange sector, has contributed to Pepe’s surge
The Shiba Inu burn initiative is one of the prominent developments by the meme coin team. The burn initiative was put in place to reduce the circulating supply and induce a price hike in the long term. The burn rate that had been on the downhill run over the past
Recently, Shiba Inu (SHIB) cryptocurrency has been making bold moves in the cryptocurrency space, where the SHIB token has been recording massive price gains. This has led to the memecoin attracting the attention of investors and traders in the cryptocurrency market. This recent gain in the price of these digital
The latest Pepe price analysis shows that the token’s long-term trend is on the rise. PEPE’s trading price started surging after an announcement stating that it would listed on a major crypto exchange platform soon. Today the token has set a record after rallying from a low of $0.00000002764 to
In recent days, memecoins have gained significant popularity and continue to dominate the crypto market with the launch of new coins. CoinGecko, the world’s largest crypto data aggregator, has conducted research on the top 10 countries leading the memecoin craze in 2023 by analyzing the country’s page views share on
Another prominent exchange listing for FLOKI is officially announced. Bitfinex, crypto exchange with the fifth largest trading volume, will list FLOKI, the third-largest memecoin by market capitalization. Notably, all FLOKI deposits will be initiated from Thursday, 10 AM UTC and the trading activities are to begin on May 5, 2023,
Have you seen the recent Elon Musk Twitter logo bearing Dogecoin’s logo? Or the recent debate ongoing about Elon Musk introducing Twitter payments using Dogecoin? If yes, you’re probably wondering what all the fuss is about. Memecoins have become hugely popular in recent years and have been at the forefront
