Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors.
A cryptocurrency trader has reportedly turned a $27 investment in the Pepe memecoin into an extraordinary $52 million profit, according to blockchain analytics firm Lookonchain.
An unknown Pepe (PEPE) trader bagged the life-changing profits, crypto intelligence firm Lookonchain revealed in a Dec. 14 X post.
Savvy Pepe trader transaction. Source: Lookonchain
A widely followed crypto analyst says that Bitcoin (BTC) is unlikely to print the same gains it did during the last market cycle. In a new strategy session, crypto trader Benjamin Cowen tells his 842,000 YouTube subscribers that the flagship crypto asset’s return on investment (ROI) will likely dip to levels below what it was […]
The post Bitcoin Likely To Print Smaller Gains Compared To Last Market Cycle, According to Analyst Benjamin Cowen appeared first on The Daily Hodl.
The Bitcoin stacking firm has bought Bitcoin 42 times at a dollar cost average of $39,292, according to Bitcoin Treasuries data.
Business intelligence firm MicroStrategy’s Bitcoin stash has just crossed over $20 billion in value as Bitcoin rallied above $80,000.
MicroStrategy’s 252,200 Bitcoin (BTC) is now worth $20.54 billion — putting the company up over 104% on its Bitcoin investment strategy, according to “Saylor Tracker,” named after the firm’s executive chairman, Michael Saylor.
Source: Michael Saylor
The unknown crypto trader only invested $3,000 into a new Solana-based memecoin before its price rally.
A savvy cryptocurrency trader has profited over $9 million on his initial altcoin investment, showcasing the potential of memecoin trading.
The savvy trader made a 3,000-fold return on his investment in the Solana-based Numogram (GNON) token, a low-market capitalization memecoin launched on Oct. 17.
The savvy trade was flagged by onchain intelligence firm Lookonchain in an Oct. 20 X post:
The scam often starts on a Facebook ad where those interested click the link and are met with a “Letter from the Professor” or “Letter from the Dean” on the company website.
Washington’s financial regulator has warned the public of an emerging crypto scam — where fraudsters pose as business “professors” to trick victims into depositing their hard-earned funds into a crypto scam or face “legal action.”
The “self-proclaimed professors” claim to be part of an “Academy,” “Business School,” or “Wealth Institute,” enticing victims with courses that can result in “exorbitant rates of return,” according to a July 16 statement by the Washington State Department of Financial Institutions (DFI).
Victims typically come across the investment opportunity on a Facebook ad where they click the link and are met with a “Letter from the Professor” or “Letter from the Dean” on the company website.
A popular crypto analyst is taking a macro look at Bitcoin (BTC) to get a clearer picture of where the leading crypto asset is heading after several months of volatility. In a new strategy session, Benjamin Cowen first tells his 719,000 YouTube subscribers that regardless of short-term price fluctuations, Bitcoin and the crypto space, in […]
The post Analyst Benjamin Cowen Says Bitcoin and Crypto Markets Primed To Rally Higher Despite Short-Term Volatility appeared first on The Daily Hodl.
Bitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year low tapping 41.9%, while ethereum’s market cap […]
