In the last 24 hours, the overall crypto market has incurred a 3.80% increase in market cap. Amid the bullish markets, the sector has seen an increased influx of capital as depicted by the US spot BTC and ETH ETFs inflows. Meanwhile, several dormant whales have shown activity after multiple
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 revolutionary introduction of Decentralization has equipped creators with enhanced tools for development and revenue generation. In recent times, numerous enthusiasts have turned to exploring memecoins to unleash their creative skills. However, DeFi has expanded beyond utility tokens and has become inclusive through memecoins, allowing any creative individual to contribute
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
Leading on-chain analyst, CryptoQuant’s author ‘binhdangg’ observed that 60% of the top 50 cryptocurrencies have lost their 2024 gains. Amid increasing liquations, leading tokens have shown significant price declines. Meanwhile, dog-themed meme coin Shiba Inu has exhibited notable price hikes in the last 24 hours. According to CMC data, the
STIX, a new Web3 platform focused on meme promotions and competitions, has announced a successful raise of $1.8M in a private fundraising round. As the platform gears up for its beta and token launches, this new funding milestone underscores the growing interest and investment in the innovative intersection of Web3
In the last 24 hours, the US election landscape witnessed crucial movements. Present office holder, Joe Biden announced that he would be stepping down from a re-election. Within the crypto sector, Trump-based memecoins showed notable surges after political rival, Biden’s announcement. Following Biden’s X announcement, the memecoins witnessed bullish price
The crypto market witnesses long-term profits intermittently with traders profiting from yearly price increases. In the last 9 hours, a wallet address suspected to be well-known pseudonymous trader GCR, aka Gigantic Rebirth had inflows of $8.3 million in profits by selling 1.08 million tokens of memecoin MAGA (TRUMP). According to
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
