memecoins

In the ever-evolving cryptocurrency world, often new tokens are immediately launched after notable events occur. Now, a fresh wave of tokens themed around the upcoming U.S. presidential election has started catching the eye of speculative investors, to the point one surged over 7,000% in 24 hours. According to a report, a token bearing the moniker […]

A mysterious “super” memecoins hunter has managed to trade with gains worthy of Wall Street titans, as the trader has managed to mage an astounding 562.64 ETH, worth more than $1 million, in little over a month trading memecoins. According to popular on-chain analytics resource Lookonchain, the entity behind these trader, which the firm referred […]

The meme-inspired cryptocurrency Pepe Coin ($PEPE) has seen its trading frenzy fail to rival those of rival memecoins Shiba Inu ($SHIB) and Dogecoin ($DOGE), according to an analysis conducted by popular crypto analytics firm Santiment. According to the firm, PEPE’s trading frenzy saw its daily trading volume reach $2 billion. The figure, when held up […]

A mysterious cryptocurrency wallet that was created right before billionaire Twitter, Tesla, and Space X CEO Elon Musk sent out a non-fungible token (NFT)-related tweet, has made an astounding 2,300% profit on that exact tweet. The immense profit it made followed Musk’s tweet about Milady Meme Coin ($LADYS), a memecoin linked to the Milady Maker […]

As memecoins surge in popularity, parallels are being drawn between their investors and lottery players. Markus Thielen, the head of research at Matrixport, shared his views on this comparison with Cointelegraph. He suggests that many are seeking their financial breakthrough in crypto, much like lottery players. In Thielen’s words to Cointelegraph, “There are numerous studies […]