Resilient Memecoins Outperform Amid Turbulent Market; PEPE Skyrockets by 11.73% in 24 Hours, Indicating Potential Bull Run. During the challenging second quarter of 2023, the cryptocurrency market faced a tumultuous period characterized by regulatory uncertainties and a significant decline in prices. Yesterday, the overall market capitalization witnessed a decline of 3.81%. However, amidst this storm,…
Shiba Inu’s Burn Rate Skyrockets by Almost 1,000% – Will the Price Experience a Parallel Surge? In an impressive demonstration of commitment, Shiba Inu has achieved a substantial boost in the burn rate of SHIB tokens. Following a persistent decline, recent data from the Shibburn website unveils a remarkable surge of nearly 1,000% in the…
Whale Dumps 972.84 Billion PEPE Tokens: Insider Trading or Bear Market Sign? Lookonchain, an On-Chain Analysis platform, has reported a recent whale transaction involving the popular PEPE memecoin. The sale of the whale’s entire holdings, which amounted to 972.84 billion PEPE tokens, has raised concerns and sparked speculations of potential insider trading. Adding to the…
Shiba Inu-Themed Eatery Welly’s Expands with New Stores as US Politician Backs SHIB Token Shiba Inu, the second-largest memecoin based on market cap, has been generating considerable attention in the crypto sphere. Recent news has showcased active community engagement and gained support from a prominent figure. Notably, after the release of the Rocket Pond trailer…
Shibarium Beta Achieves Over 20 Million Transactions with Daily Volume Averaging 491,994 In the past month, Puppynet, the Shibarium Beta Testnet, has experienced a notable increase in transaction volume. Recent reports highlight a significant milestone for Puppynet, with a total of 20,514,524 (20.51 million) transactions successfully processed. On a daily basis, the network consistently handles…
PEPE, the meme coin, defies market downturns with a remarkable 6% surge today. Investors capitalize on the dip, driving PEPE’s value to new highs. Currently priced at $0.00000118, PEPE records a 24-hour trading volume of $110,160,258. Pepe coin price | Source: CoinGecko Pepe coin witnesses a notable 6.4% surge in just 24 hours, accompanied by a…
Whale Alert’s Friday report revealed that millions of dollars’ worth of Shiba Inu (SHIB) tokens, amounting to 4 trillion in total, were transferred from Shiba Staking to the cryptocurrency exchange Binance The substantial unstaking of Shiba Inu tokens has sparked speculation within the community regarding the possibility of another price liquidation for SHIB. In a…
During a recent interview with Bankries, Changpeng Zhao, the highly respected CEO of Binance, expressed a positive outlook regarding the future of cryptocurrencies, also known as virtual assets. With confidence, he asserted that the current frenzy surrounding meme coins should be seen as an encouraging sign of the cryptocurrency market’s revival. Zhao attributed the immense…
Last month, certain Bitcoin coders expressed discontent over the logjam created by memecoins on the Bitcoin network, while some put forth alternative solutions. Bitcoin blockchain coders/validators are considering the removal of memecoins running on the Bitcoin blockchain, putting them at potential risk. This decision comes in the wake of a significant surge in Bitcoin blockchain…