New data from market intelligence platform IntoTheBlock reveals that the market cap of memecoins has hit its highest level since 2021. In a new article, IntoTheBlock’s head of research, Lucas Outumuro, says that the aggregate value of meme assets has nearly tripled in Q1 of 2024 to $56 billion. “Demand for memecoins hit the highest […]
The post Market Cap of Memecoins Hit $56,000,000,000 in Q1 As Demand Soared to Highest Level Since 2021: IntoTheBlock appeared first on The Daily Hodl.
A crypto strategist who accurately called the latest Bitcoin (BTC) correction says the top meme token Shiba Inu (SHIB) may be mirroring a pattern last seen during the 2021 bull market. Pseudonymous analyst Rekt Capital tells his 436,200 followers on the social media platform X that SHIB is in the process of retesting its weekly […]
The post Trader Says Shiba Inu May Be Repeating 2021 Bull Market Pattern, Updates Outlook on Solana and Dogecoin appeared first on The Daily Hodl.
Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin and Ethereum with Double-Digit Growth This Week A plethora of cryptocurrencies, other […]
Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks. Despite shiba inu’s value dipping over 21% in the last week, the meme coin has […]
While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past day. Crypto Economy Swells to $2.72 Trillion On Monday, over two dozen crypto assets […]
A closely followed crypto analyst is forecasting when the ongoing bull market for digital assets could come to an end. Pseudonymous crypto strategist Rekt Capital tells his 411,700 followers on the social media platform X that historic Bitcoin (BTC) patterns point to a bull run ending in late 2025. “If history repeats, next bull market […]
The post Historical Patterns Hint at When Ongoing Crypto Bull Market Could End, Says Analyst – Here’s the Timeline appeared first on The Daily Hodl.
A dog-themed crypto asset rivaling Dogecoin (DOGE) and Shiba Inu (SHIB) is skyrocketing ahead of the launch of an ad blitz on New York’s Times Square. New data reveals that memecoin Floki (FLOKI) has surged 70% during the last 24 hours in anticipation of the ad blitz. Floki is trading for $0.000230 at time of […]
The post Dogecoin and Shiba Inu Rival Surges Nearly 70% in 24 Hours Amid Impending Launch of Ad Blitz on Times Square appeared first on The Daily Hodl.
New data from crypto tracker Lookonchain reveals that a 2021 trade involving memecoin Shiba Inu (SHIB) has posted over 600x gains and has moved onto top US-based crypto exchange Coinbase. Lookonchain notes the trader spent 1.51 in Ethereum (ETH), valued at $2,521 at the time of the trade, to buy billions of SHIB, which then […]
The post Legendary Shiba Inu (SHIB) Trade Goes 628X Since 2021 Before Being Deposited Into Coinbase: Lookonchain appeared first on The Daily Hodl.
Crypto’s memecoin sector is experiencing explosive gains as Bitcoin (BTC) crosses the $67,000 level for the first time since late 2021. Shiba Inu (SHIB), Pepe (PEPE) and Bonk (BONK) are among the top memecoins surging in value Monday, putting up double-digit gains. Dog-themed memecoin SHIB is up by more than 61% in the last 24 […]
The post Shiba Inu, Pepe, BONK and Memecoin Price Explosion Underway As Bitcoin Taps $67,000 appeared first on The Daily Hodl.
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $34.32 billion, only to soar to $61.59 billion today. From Dogecoin to Shiba Inu: […]