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CATEGORY: meme coins news


Jun 11, 2024 06:15

Iggy Azalea MOTHER Token Skyrockets 27% After Major Announcement

Australian rapper Iggy Azalea and her cryptocurrency venture, the Mother Iggy (MOTHER) token, have garnered significant attention in the crypto industry due to its rapid popularity and a more than 140% spike in its first week of trading.  However, after its initial surge, the token experienced a substantial price correction, leading to a decline from [...]

The post Iggy Azalea MOTHER Token Skyrockets 27% After Major Announcement appeared first on Crypto Breaking News.

May 24, 2024 12:05

Pundit Predicts Shiba Inu Competitor Dogwifhat Will Reach $10 Amid Short liquidations

Crypto trader and analyst Unipcs (Bonk Guy) has reiterated his bullish prediction for Dogwifhat (WIF). He made this statement while revealing the sums lost by short traders thanks to their bearish sentiment around the meme coin.  Dogwifhat Headed To $10 Unipcs mentioned in an X (formerly Twitter) post that Dogwifhat is headed to $10 and will never drop to as low as $1 again. He added that the market is currently in a meme coin supercycle, which is why he believes the meme coin can attain such heights. The crypto trader also highlighted how WIF shorts were getting squeezed hard and said this is the way it should be. Related Reading: Standard Chartered Analyst Says Bitcoin Is Set For A New ATH Above $73,700, You Wont Believe The Timeline Besides Dogwifhat, Unipcs generally has a bullish outlook towards meme coins. He earned a reputation for longing Bonk, another Solana-based meme coin, with $16,000 in October 2023 and still holding as at the last time he shared an update on the trade. Based on his update, his unrealized profit has risen to as high as $13.7 million at some point.  Unipcss bullishness on meme coins is also not surprising, considering this category of crypto tokens is projected as one of the leading narratives in this bull run. It is also worth noting that meme coins Dogwifhat and Pepe (PEPE) are currently this years best-performing crypto assets among the top 50 coins by market cap, with year-to-date (YTD) gains of over 1,800% and 1,000%, respectively.  Unipcs isnt the only one who believes that WIF could rise to $10. Another crypto trader known as Free has also reaffirmed on different occasions that the meme coin will still rise to that price level. Meanwhile, crypto analyst Bluntz Capital is also ultra-bullish on Dogwifhat, as he once suggested that the meme coin will flip PEPE and Shiba Inu (SHIB) to become the second-largest meme coin by market cap, only behind Dogecoin (DOGE). This Crypto Analyst Has Other Expectations Crypto analyst CrediBULL Crypto recently revealed his bearish expectations for meme coins, including WIF. He foresees a meme wipeout, which could be worse than he initially thought. He added that this occurrence would catch a ton of people off guard. He claimed he would become a meme coin bull when the time is right, but now is not the right time.  Related Reading: Shiba Inu Price Cant Reach $0.01, Crypto Pundit Reveals Why In a recent video posted on his YouTube channel, CrediBULL Crypto also analyzed Dogwifhat. He noted that WIF had significantly moved to the upside, as he rightly predicted in an earlier market update. Back then, he mentioned that he was expecting the meme coin to rise to $3.8 before it dropped to as low as $1.6. However, in his recent video, he revealed that he wont be shorting Dogwifhat even when it reaches $3.8. Instead, he will wait for the meme coin to claim the untapped highs at the $4 range to validate his bearish expectations.  At the time of writing, Dogwifhat is trading at around $3, up over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Bulb.io, chart from Tradingview.com

May 17, 2024 12:05

PEPE Whales Go On Massive 720B Shopping Spree Amid Campaign For New ATHs, Is It Time To Get In?

Pepe (PEPE) has recently grabbed the headlines, having hit a new all-time high (ATH) this week. The meme coin has also drawn the attention of crypto whales who have accumulated the crypto token lately. Whales accumulating the meme coin will suggest that now might be a good time to buy PEPE, but that might not be the case.  Crypto Whales Buy 720 Billion PEPE Tokens On-chain analytics platform Lookonchain recently drew the crypto communitys attention to a whale who purchased 520 billion PEPE from the crypto exchange Binance. This move might, however, have been motivated by the fear of missing out (FOMO), as Lookonchain noted that this trader hasnt always made the smartest investment moves, having lost $6.1 million so far.  Related Reading: Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC Meanwhile, on-chain data shows another whale who bought over 200 billion PEPE tokens through the trading firm Cumberland. Irrespective of their intention, crypto whales accumulating a crypto token usually paints a bullish outlook for the coin in question. Based on this, crypto investors will usually assume that this is an excellent time to buy the meme coin in expectation of further price surges.  However, this might not be a good time to buy, as data from IntoTheBlock suggests that a price dump may be imminent for PEPE before it makes another move to the upside. The market intelligence platform revealed that 100% of PEPE holders were in profit thanks to the meme coin hitting a new ATH. Given such development, many of these holders are expected to book profits from their PEPE investment, leading to a wave of sell-offs that could negatively impact the meme coins price. Therefore, those looking to invest in PEPE right now may be better off waiting for PEPE to bottom out from this selling pressure before purchasing the meme coin.  Still Has Enough Bullish Momentum To Go Crypto analyst and trader Rachid Crypto recently highlighted several factors that suggest that PEPE has yet to reach its peak. The analyst noted that the mega meme cycle and altcoin season are yet to begin. These are events that could still spark a further rally in the meme coins price.  Related Reading: How High Can The XRP Price Go? Crypto Analyst Unveils 6-Month Prediction Furthermore, PEPE is yet to be listed on major crypto trading platforms like Coinbase and Robinhood. That means there is still a lot of liquidity that could flow into the meme coins ecosystem. PEPEs price will likely enjoy an upward trend whenever these trading platforms decide to list the meme coin.  Meanwhile, Rachid Crypto also stated that Ethereum will surpass its ATH, meaning that PEPEs price will benefit from ETHs run when this happens. PEPEs price is known to have some correlation with Ethereums and will most likely enjoy a significant rally as Ethereums price picks up.  At the time of writing, PEPE is trading at around $0.00001056, down over 5% in the last 24 hours, according to data from CoinMarketCap.  Chart from Tradingview.com

Mar 09, 2024 12:05

FLOKI Skyrockets To New All-Time High, Soaring 60% Following Two Major Listings

Web3 project and meme coin Floki Inu (FLOKI) has garnered significant attention in the cryptocurrency market. It has witnessed an impressive uptrend of over 630% in the past 30 days alone. As a result, it has soared to the 64th position in market capitalization, surpassing $2 billion. This surge in price comes as notable digital asset firms, including DWF Labs, have recognized FLOKI as a potential long-term investment, resulting in a $10 million purchase plan. This move pushed FLOKI to a 9-month high of $0.00005097 on February 27th. However, the cryptocurrency’s popularity has spread to other jurisdictions, and it recently hit an all-time high (ATH), trading at $0.0002043, coupled with a 58% uptrend in the past 24 hours.  FLOKI Targets New Asian And Middle Eastern Investors Coinhako, a regulated crypto exchange in Singapore under the Monetary Authority of Singapore (MAS), has endorsed FLOKI by listing the token among its tradable cryptocurrencies. In an official announcement, Coinhako stated, “The people’s cryptocurrency has reached Coinhako’s shores and is available to trade.” The Floki Inu team expressed their excitement about the listing, highlighting that crypto users in Singapore can now buy FLOKI with SGD and USD on a regulated exchange. They believe this listing is a significant milestone that will accelerate Floki’s vision to become the world’s most recognized and widely used cryptocurrency. Related Reading: Bitcoin Bulls On Alert: Top Analyst Anticipates A Big Spike In The Cards In addition, the Floki Inu team has announced that the meme coin has been successfully listed on CoinMENA, one of the prominent crypto exchanges catering to retail and institutional clients in the Middle East. CoinMENA is a licensed and regulated entity by the Central Bank of Bahrain and the Virtual Asset Regulatory Authority in Dubai, which aims to ensure a safe and compliant trading environment for investors. The team behind the project commented on the matter: This is a MAJOR listing for Floki adoption and our goal to become the world’s most known and most used cryptocurrency as it introduces Floki to key and affluent players in the Middle East and Arab regions. Massive Exposure In Times Square The Floki Inu team has launched an aggressive marketing campaign to drive adoption further and attract additional investments. Starting from March 15th and lasting for three months, Floki will be featured prominently on a massive double-sided HD LED screen in Times Square Plaza, New York.  This digital exhibition, located beside the Nasdaq billboard, will showcase a ten-second advertisement for Floki at least four times per hour, airing for 20 hours a day over 93 days.  This campaign will deliver a minimum of 7,440 ten-second spots, taking advantage of Times Square’s daily foot traffic of 330,000 visitors and an annual influx of 50 million people.  According to the announcement, the goal is to solidify Floki’s association with meme coins in people’s minds and take advantage of what the team expects to be the most “explosive bull run” in the crypto market. Related Reading: AI Crypto Tokens Like Render, WorldCoin Are Overvalued: Coinbase Research Featured image from Shutterstock, chart from TradingView.com

Mar 21, 2024 12:05

Top 3 Solana Meme Coins To Buy Amid The Bitcoin Crash That Could 10x

As the Bitcoin price crash has ravaged the crypto market and left altcoins suffering, it has presented a unique buying opportunity for meme coins that may never come after this time. So here are the top 3 meme coins that could 10x your portfolio from here. Solana-Based Myro Leads Meme Coins With Potential Solana-based meme coins have been all the rave over the past year and with good reason as well. These meme coins have done so well in such a short time, coming up to compete with established Ethereum-based meme coins which have been around for years. Related Reading: Dogecoin Growth Hits Roadblock As Holder Activity Enters Dreaded Period Of Stagnancy With the likes of WIF and BONK already crossing the $1 billion market cap market, the hunt is on for other Solana-based meme coins that could achieve this same feat, and that is where the Myro token comes in. Myro currently has a $200 million market cap, which makes it a prime candidate for crossing $1 billion. However, its most bullish developments have been its exchange listings. Myro scored a Binance perpetual listing last month, which pushed its market cap above $400 million for the first time. It has since retraced, but this retracement is similar to what was seen with WIF, which fell back down to $180 million at a point. If Myro follows the WIF playbook, then its next leg up could see it rise more than 5x above the $1 billion mark. Popcat: Another Solana Meme Coin On The Rise Popcat is another Solana meme coin that has made waves in the space over the past few months. After a long stretch of consolidation, the price had eventually broken out in February to reach a new all-time high price of $0.37 in mid-March. The price has since retraced a little over 50% since then and is now back to $0.17 with a market cap of $167 million. As with the majority of other meme coins, the total supply of the token is in circulation, which means there are no more unlocks coming up. At the current market cap, reaching the $1 billion mark would be an over 500% increase for the meme coin. And with the bull market coming up, the price of Popcat could rally higher, bringing a more than 10x return for investors. Wen (WEN) Meme Coin Wen (WEN) is another Solana-based meme coin that has hit the crypto space in the last few months. Starting out as an airdrop for users of the Solana-based Jupiter decentralized exchange, it has quickly grown among meme coin investors as one of the more stable investments. Related Reading: Bitcoin Halving Retrace Spooks Investors: What Is It And Why Does It Matter? Just like the other meme coins on this list, the WEN token shows a lot of promise because it is still under a $200 million market cap. This puts it at an at least 5x move to $1 billion, with a possible 10x when it reaches the $2 billion market cap mark. SOL price shoots to $176 | Source: SOLUSD on Tradingview.com Featured image from Blockgeeks, chart from Tradingview.com

Feb 07, 2024 12:05

PEPE Ready To Make A Comeback? On-chain Indicators Have The Answer

The PEPE meme coin has seemingly faded into the shadow as new and exciting meme coins make it to the fore. This can be attributed to the likes of BONK and other Solana ecosystem meme coins that have taken the attention away from the Ethereum ecosystem. However, as excitement around these new meme coins begins to wane, expectations fall back to the leaders of the market, one of which is PEPE, who could be getting ready to make a comeback. What On-Chain Indicators Say About PEPE On-chain indicators are one way to know if investor interest is turning toward a particular cryptocurrency, in this case, PEPE. These indicators include things like Weighted Sentiment, Transactions Volumes, New Holders, etc. In this case, the focus is on the Weighted Sentiment, which measures sentiment across social media platforms to figure out how crypto investors are viewing a coin. Related Reading: Crypto Analyst Says ADA Price Will Rise To $8, Heres When This indicator can be useful, especially in times like these when there are no clear indicators of where the price of a coin could be headed next. So, by checking what investors are saying about PEPE on social media platforms such as X (formerly Twitter), one can get a good idea of where the price may be headed next. According to the Weighted Sentiment by the on-chain analytics tracker Santiment, PEPE is looking quite bullish. The indicator takes into account the mentions of PEPE on social media platforms over the past week, and it shows that there has been a significant uptick in the positive sentiment that is associated with the meme coin.     Source: Santiment While it is not the highest that the indicator has been since the year began, it is still sitting at a considerably high level, suggesting a turn in the average sentiment. This also coincides with a drastic rise in the holdings of the largest PEPE whales, showing a willingness to accumulate at the current levels. Daily Trading Volume Sees A Significant Jump The Weighted Sentiment is not the only PEPE metric that has seen a significant increase lately. In the same vein, the daily trading volume for the meme coin has been on the rise as well. As data from CoinMarketCap shows, the meme coins volume is up approximately 62% in the last day, bringing it to $89.8 million at the time of writing. Related Reading: Bitcoin To $45,000 Or $30,000? Analyst Reveals Key Factor That Will Drive The Decision Such a rise in volume can either point to buying or selling, but seeing that the PEPE price has managed to hold steady over this time period, it suggests that there is more buying than selling. Given this, it could point to bulls finally establishing support and marking $0.0000009 as a buy level.  If this general bullish sentiment continues, then the meme coin could be looking toward a recovery to $0.000001, which would translate to a 10% move from here. Due to its decline over the last month, PEPE has lost its position as the third-largest meme coin in the space. It is currently sitting at fifth position behind the likes of BONK and CorgiAI. Token price falls to $0.000000896 | Source: PEPEUSDT on Tradingview.com Featured image from ABP Live, chart from Tradingview.com

Oct 04, 2024 12:05

Crypto Analyst Says Solana-Based BONK Is In Prime Position For Legendary Rally

Lately, top meme based cryptocurrencies like Shiba Inu (SHIB) and Pepe (PEPE) have been witnessing a spike in their prices. This bullish trend appears to have extended to Solana based meme coin Bonk (BONK), as its price movements has been showing signs of an impending bullish surge. With respect to this, a crypto analyst has suggested that Bonk is currently well-positioned for a significant upward movement.  Analyst Predicts Legendary Target At $0.000033 Bluntz, a prominent crypto trader and analyst has revealed the next bullish target for Bonk. In an X (formerly Twitter) post on September 30, Bluntz revealed that Bonk is currently in a prime position for aturbo green week. Related Reading: Dogecoin At $10 Thesis: What Each Breakout Cycle Says About The DOGE Price He disclosed that the meme coin had experienced a quick and minor price dip during the week. However, the analyst sees this price decline as a positive sign, suggesting that it creates an opportunity for Bonk to enter a significantly bullish position, potentially triggering a legendary rally.  Sharing a chart depicting Bonks price movements from the past month, Bluntz indicated in his price chart that the meme coin could experience an accelerated price increase to new highs. Presenting an illustration of his predictions of Bonks future price movements, the analyst disclosed that the meme coin would rise between the range of $0.000028 and $0.000027 before falling to the support level between $0.000026 and $0.000025.  After this, Bonk is expected to skyrocket to $0.00003, before dropping back to $0.000028. For his final price surge in his projected turbo green week, Bluntz revealed that Bonk will reach a new price high of $0.000033. The analyst also revealed that for Bonk to experience a bullish price breakout, the meme coin will have to undergo three days of essential sideways trading.  Presently the price of Bonk is trading at $0.00002, reflecting a slight increase of 3.86% in the past week. A jump to projected highs at $0.000033 would require the meme coin to rise by approximately 65% from its current price.  BONK Set To Outperform PEPE While maintaining an optimistic outlook on Bonks price, Bluntz disclosed that the meme coin may be taking out the meme coin leadership from Pepe. This suggests that as Bonk is gaining more momentum, Pepes performance is slowing down after experiencing a significant price increase.  Related Reading: Still Holding Your Hamster Kombat Tokens? You Might Be In For A Nice Surprise Soon The analyst has identified a higher low on the BONK/PEPE chart, which indicates that Bonk is positioning itself for a stronger price rally than Pepe. Typically, a higher low occurs when the price of a cryptocurrency pulls back but maintains its value above its previous low level, signaling a potential continuation of an uptrend. In the case of Bonk, Bluntz has revealed that it is currently among top meme coins like Dogwifhat (WIF), and Pepe which are presently showing signs of a strong bullish development. Despite this analysis, the cryptocurrency has declined by over 10% in the past 24 hours.  Featured image created with Dall.E, chart from Tradingview.com

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