Memecoin Market Status: Doge to Shiba Inu to Pepe
How different categories of Memecoin quickly emerged and became dominant
JinseFinanceHow different categories of Memecoin quickly emerged and became dominant
JinseFinanceA cryptocurrency whale recently sold 170.2 billion PEPE coins for $1.77 million, achieving an impressive 886% ROI. This sale led to a significant price drop for PEPE, highlighting its speculative nature. PEPE's lack of utility and ongoing development makes it a high-risk, high-reward investment in the volatile cryptocurrency market.
Huang BoPepe Unchained's successful presale and innovative approach make it a notable contender in the meme coin space. Its Layer 2 blockchain aims to offer significant improvements over Ethereum, potentially shaping the future of meme coins.
Huang BoPEPE defies market norms, surging 16% in 24 hrs post-Coinbase listing, indicating potential for further gains.
Xu LinCoinbase's move to introduce perpetual futures for Pepe (PEPE) on its off-shore platform ignited initial enthusiasm among traders, although the token's value retraced shortly after the announcement.
MiyukiPEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
BerniceMemecoin frenzy sparks 3,000% surge in weekly volume. Pepe, Floki, and Bonk lead with triple-digit growth. High risk, high reward in volatile memecoin market.
EdmundAirDAO directs Treasury funds to AAVE & Compound investments, ECB token burning. Community-endorsed decision via Snapshot. AMB token sees 7% surge post-announcement.
Huang BoThe Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
EdmundFollowing a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.
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