A long-time holder of Shiba Inu (SHIB) is looking at big profits after suddenly selling the memecoin, on-chain data shows. Blockchain tracking firm Lookonchain notices that one patient investor sold more than 48 billion SHIB for a 419x gain after holding onto the digital asset for more than three years. The investor first purchased the […]
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Former President Donald Trump is continuing to express his support for the crypto industry, saying that he will protect the right of 50 million Americans to self-custody digital assets. Speaking to his supporters in Washington D.C., the 2024 Republican candidate says that he’s going to “crush” the Biden Administration’s anti-crypto stance. Trump goes on to […]
The post Donald Trump Promises To Protect the Future of Bitcoin and Crypto in the United States, Says He Supports Right to Self-Custody appeared first on The Daily Hodl.
Presidential hopeful Donald Trump is asking for donations in Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), XRP and other altcoins as the 2024 US election gets closer In a new press release, the Trump campaign says it will now be accepting crypto donations for the 2024 election and accuses Democrats of trampling on Americans’ financial freedom […]
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A closely followed crypto strategist believes that astronomical gains are on the horizon for an altcoin initially built on the Ethereum (ETH) blockchain. Analyst Ali Martinez tells his 62,100 followers on the social media platform X that the native asset of a supply-chain management project VeChain (VET) appears to be mirroring its previous cycle’s market […]
The post Trader Predicts 1,660% Rally for Under-the-Radar Altcoin, Updates Outlook on Shiba Inu and Chainlink appeared first on The Daily Hodl.
Memecoins are underperforming Bitcoin today, which could be a sign that traders will pay more attention to BTC’s post-halving recovery.
Memecoins like Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) are among the cryptocurrencies underperforming the market on May 6, highlighting a diversion from the momentum that drove the sector higher last week.
Data from CoinGecko shows that the total market capitalization of memecoins has dropped in the last 24 hours, falling 2.7% to $55.48 billion.
Bonk (BONK) declined the most, losing 6% of its market value over the last 24 hours. Floki (FLOKI) followed with a 3.3% loss, and Memecoin (MEME) came in third after declining 3% over the same period.
Dogecoin (DOGE) competitor Shiba Inu (SHIB) is announcing the completion of its highly anticipated Shibarium hard fork. In a new thread on the social media platform X, the team behind the dog-themed meme asset says they have officially completed the Shibarium hard fork, a move traders have been expecting since last year. “Shibarium has successfully […]
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Cryptocurrency analyst and trader Ali Martinez is saying that the price of Dogecoin (DOGE) is exhibiting behavior it has previously displayed before embarking on massive rallies. Martinez tells his 61,200 followers on the social media platform X that the largest memecoin by market cap earlier this year broke out of a descending triangle, which is […]
The post Dogecoin Mirroring Price Action That Preceded Massive Bull Runs in the Past, Says Trader – Here’s His Outlook appeared first on The Daily Hodl.
A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring. “Highly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich […]
The post Crypto Analyst Says He’s Highly Bullish on Memecoins This Cycle – Here Are His Top Picks appeared first on The Daily Hodl.
In the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day’s top performer, climbing 41.8%, while FLOKI saw an 18.7% increase. Top Meme Coins Register Impressive Gains As of April 21, 2024, the meme coin sector is experiencing significant […]