An analyst known as a “Master Trader” on the crypto exchange Bybit believes October will be a bullish month for Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 276,900 followers on the social media platform X that top memecoin DOGE appears to be in the early stages of a five-wave rally. The trader practices Elliott Wave […]
The post Top Trader Says Dogecoin Looks ‘Turbo Bullish,’ Predicts Incoming Rallies for Solana-Based Memecoin appeared first on The Daily Hodl.
A widely followed crypto analyst known for making timely altcoin predictions is turning bullish on memecoins. Pseudonymous trader Bluntz tells his 276,300 followers on the social media platform X that multiple meme tokens are witnessing big breakouts, leading him to believe that memecoin season is here. One altcoin on his radar is the Solana (SOL)-based […]
The post Things Are About To Get ‘Silly’ With Memecoins Again, Says Top Crypto Analyst – Here Are His Leading Picks appeared first on The Daily Hodl.
Skale chief marketing officer Andrew Saunders described memecoins as a player-versus-player situation where early investors get the most gains.
As more celebrities dive into memecoins, a former Hollywood executive who now works in the Web3 space described the flaws surrounding celebrity-backed tokens and offered a potential alternative in the form of decentralized applications (DApps).
At the Token2049 event in Singapore, Cointelegraph journalist Ciaran Lyons spoke with Andrew Saunders, the chief marketing and growth officer of the Ethereum Virtual Machine (EVM) blockchain Skale, about celebrities jumping into Web3 through memecoins.
The Skale exec criticized the current state of celebrity memecoins and said he would stay away from them. “I come from Hollywood, and I would never touch a celebrity memecoin,” Saunders told Cointelegraph.
The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla.
An unknown group of crypto scammers has seemingly missed their payday after hacking their way into several high-profile social media accounts on Sept. 18 — only to end up with a few thousand bucks.
On Sept. 18, blockchain sleuth “ZachXBT” alerted the crypto community that several “large accounts on X” were compromised, all posting a Solana memecoin called HACKED.
Some of the infiltrated accounts included Lenovo India, Yahoo News UK, MoneyControl, Oliver Stone, People, and Krystal DeFi.
Seychelles-based crypto exchange OKX has announced support for three memecoins, including a newly launched altcoin related to Dogecoin (DOGE). In an announcement, OKX says it is rolling out perpetual futures support for meme tokens BasedBrett (BRETT), Simon’s Cat (CAT) and Neiro on ETH (NEIROETH). BRETT is the largest memecoin on Base, the blockchain launched by […]
The post OKX Announces Support for Altcoin Dubbed ‘Dogecoin Sister’ and Two Other Memecoins appeared first on The Daily Hodl.
Rex took the stage at a memecoin-focused side event and surprised the audience with something rare in the memecoin world: thoughtful analysis. KOL Who Called PEPE, BRETT, and WOLF Talks Memecoin Strategy Rex was a speaker at a Memecoin-focused side event. Of all the speakers, he was the least hyperbolic, and had the most substantive […]
A closely followed trader is offering his two cents on why he thinks memecoins have exploded in popularity among crypto traders. Pseudonymous analyst Jack Sparrow tells his 251,000 followers on the social media platform X that traders are not sinking capital on memecoins because they believe in their fundamentals or whether meme communities will serve […]
The post Trader Explains Why Memecoins Are Seeing Massive Trader Interest, Likens Segment to DeFi and NFTs of 2020 Cycle appeared first on The Daily Hodl.
If investors want to see a bull run take off this cycle, they should shift their attention from memecoins to AI and real-world assets.
The memecoin market has been booming this year. It’s practically the only sector of cryptocurrency that’s been booming during this Bitcoin (BTC) halving cycle. In some ways, it’s reminiscent of the GameFi narrative during the last cycle — a phenomenon that I happened to predict right before it took off.
However, despite the enthusiasm for memecoins, there is a strong case to be made that they are not the best investment vehicle to drive a bull run. It would be more encouraging for the market’s long-term health if new investors would redirect their attention to real-world assets (RWAs) and artificial intelligence (AI), which are much more sustainable.
Memecoins are generally designed to be light-hearted and fun. You can think of them as the crypto cousins of meme stocks like AMC and GameStop. Some well-known examples of memecoins include Dogecoin (DOGE) and Shiba Inu (SHIB) — I consider them the OG memecoins.
Top global crypto exchange Binance is rolling out support for a new memecoin that was created out of the messaging platform Telegram community. In a new announcement, Binance says it is listing Dogs (DOGS), a memecoin on the layer-1 blockchain The Open Network (TON). Binance will first list DOGS on August 23rd in the Binance […]
The post Binance Announces Support for New Dog-Themed Memecoin From Telegram Ecosystem appeared first on The Daily Hodl.
After 11 days of operation — including a brief downtime — the memecoin platform SunPump has helped create over 18,000 tokens.
SunPump, a new memecoin deployer on the Tron blockchain, has generated over $1.1 million in revenue in the 11 days since its initial launch.
The Justin Sun-backed platform has taken in total revenues of 7 million Tron (TRX) since its launch on Aug. 9, according to data from the web analytics platform Dune.
So far, SunPump’s biggest revenue day was Aug. 20, when it earned almost 2.78 million TRX worth roughly $400,000, with over 6,000 memecoins created.
