Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.
It now seems a distant memory when memecoins would spike hundreds, and sometimes thousands of percent in short periods of time. Are the crypto memes dead or dying now?
Bitcoin's (BTC) slide under the $97,000 mark sent all the major altcoins to print red indexes all around. As the decline continues, crypto whales are finding this period as the “Buy the dip” opportunity and scooping top meme coins like Pepe and dogwifhat (WIF).
Big players in the crypto market are making waves again, and this time, they're betting big on meme coins. According to Spot On Chain, a smart whale has secured a massive $13.75 million profit while trading Pepe (PEPE). Meanwhile, another whale grabbed millions worth of WIF from Binance, sparking speculation about the next move.
WIF's price faces challenges, with technical indicators showing mixed signals for a potential reversal.
Despite the continuous price decline in Dogwifhat (WIF), the popular Solana-based meme coin is gaining significant attention from crypto enthusiasts. Recently, the popular blockchain-based transaction tracker Onchain Lens shared a post on X (formerly Twitter), revealing that a newly created wallet withdrew 9.47 million WIF tokens worth $6.90 million from Binance. Whale Buys 9.
The Jupiter team reassured users that treasury holdings remained secure in multisig wallets and that only the X account was compromised.
Three tokens – Ethena (ENA), Dogwifhat (WIF), and Dogizen (DOGIZ) – are currently making headlines for their respective price movements. ENA and WIF are grappling with significant market volatility, while DOGIZ is experiencing a surge in price in its ongoing presale ahead of its anticipated exchange listing. Ethena (ENA) dips below $0.
JUP, the native cryptocurrency of Solana-based decentralized exchange (DEX) Jupiter, came crashing down by 8% today amid the breach of its official X account, which was shilling meme coins. The Jupiter price is down 8% today, currently trading at $0.88, with daily trading volumes crashing by 49%.
On Wednesday, Jupiter, a Solana-based decentralized exchange (DEX) aggregator, reportedly had its social media account hacked, leading to the promotion of fraudulent crypto.
Jupiter, a leading Solana-based DEX aggregator, confirmed that its X account was compromised but has since been restored.
$16 million worth of these tokens were scooped up from the giant crypto exchange Binance on Thursday.
The crypto market is marginally down, with price action remaining mixed. Bitcoin (BTC) has slipped below $98,000 over the past 24 hours.
Solana-based dex aggregator Jupiter has recovered its X account after it was hijacked by cryptocurrency scammers who promoted a fraudulent meme coin. According to a Feb. 6 X post, reassured users that no funds were ever at risk.
Hackers compromised Jupiter's exchange main X account. Hackers promoted fake memecoin $MEOW on Jupiter's X account.
Solana-based meme coin dogwifhat (WIF) has experienced a sharp downturn over the past week. It has shed 33% of its value during that period and currently trades at a February 2024 low.
Meme coin whales nabbed significant market attention amid the recent turbulent landscape, heavily purchasing Pepe coin (PEPE) and Dogwifhat (WIF). On-chain data on Thursday revealed that roughly $16 million worth of the abovementioned tokens were bought from the cryptocurrency exchange behemoth Binance.
Solana-based DEX Jupiter's Twitter/X account may have been hacked, according to a warning issued through JupiterDAO's Twitter/X account. JupiterDAO also asked traders to be careful not to click links or copy-paste any of the released CAs.
In a series of hacks, decentralized exchange aggregator Jupiter and a former Malaysian prime minister had their accounts hijacked to promote sham coins.
Solana DEX aggregator Jupiter fell victim to a security breach on Wednesday, with its official X account being compromised to promote fraudulent meme cryptocurrencies. The post Solana DEX Aggregator Jupiter's X Account Hacked, Promotes Fake Meme Coins appeared first on Cryptonews.
Jupiter Exchange, a leading decentralized trading platform, suffered a security breach on its official X (formerly Twitter) account earlier today.
Jupiter Exchange's X account was hacked earlier today, and the hacker promoted scam tokens in various posts. While these posts have been removed, the account's recovery has not yet been confirmed.
In a series of now-deleted posts, Jupiter's X account promoted what appeared to be a scam memecoin with the ticker $MEOW.
After its massive crash, Dogwifhat (WIF) has turned from a viral sensation to a struggling meme coin. The dog-themed token was the face of the gains at the beginning of 2024, creating an ATH of nearly $5 in March 2024.
This prediction comes after plans for a Las Vegas Sphere advertisement fell apart.
Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.
Cardano has been a popular cryptocurrency with over $15.6 billion in staked volume and millions of holders. Yet ADA has been a laggard in the crypto industry, with its price being 76% below its all-time high, and its ecosystem lagging that of other layer-1 blockchains.
Following President Donald Trump's recent tariff announcement, global markets are in turmoil, with U.S. stock futures dropping significantly.
WIF has dropped 23.83%, continuing its 64% decline, but technical indicators suggest a potential rebound with a 964% rally ahead.
The crypto trenches were lined with disappointment as Trump's tariffs nuked the charts. Can Dogecoin and other meme coins withstand a full-blown trade war?
The crypto market witnessed the biggest crash of the year as Bitcoin fell to $91,200 over the last 24 hours. Nevertheless, the upcoming week presents opportunities for investors owing to external developments surrounding tokens.
The crypto markets are gearing up for a news-packed week, with several key events on the horizon. Forward-looking or enlightened investors can capitalize on the volatility around these events for trading opportunities.
Solana meme coins WIF and BONK continue to struggle, reflecting the broader downturn in the sector. WIF has dropped to nearly $1, its lowest level in eight months, while BONK risks testing key support levels as its EMA lines signal a continued downtrend.
Dogwifhat (WIF) is in hot water after its Las Vegas Sphere ad plans collapsed despite much optimism.
As investors look for the next 100x coin, FXGuys ($FXG) has come up as a much better prospect than major market players like Chainlink (LINK) and Jupiter (JUP)!
The much-awaited Dogwifhat (WIF) ad on the Las Vegas Sphere is not happening—at least not for now. Despite earlier excitement and fundraising efforts from the meme coin's supporters, a spokesperson for the venue has confirmed that no deal exists between Dogwifhat and the Sphere.
Dogwifhat is on a losing streak in Las Vegas. The Solana (SOL)-based meme coin faces questions about the delayed implementation of a crowdfunded initiative to launch a Vegas Sphere ad campaign.
The team behind Solana-based memecoin Dogwifhat has dismissed claims that it led investors and donors in its Las Vegas Sphere plan. The team addressed public concerns over the ‘Sphere Wif Hat' initiative that it embarked on last year via a post on X.
Dogwifhat has responded to delays in getting the token's logo on the Las Vegas Sphere, a project supporters began fundraising for back in March of the previous year.
Dogwifhat's price dropped nearly 10% in one hour after the Vegas Sphere denied any deal with the meme coin. A crowdfunding campaign raised around $700,000 to put WIF on the Sphere, but this never materialized.
A representative for the Las Vegas Sphere has denied any agreement to feature the Dogwifhat meme coin at the venue, according to a report by Decrypt.
Dogwifhat will not appear on the Las Vegas Sphere, a spokesperson told Decrypt, despite indications from the Solana meme coin's backers.
This new feature lets users scan, paste, or share a photo or text. Jupiter Mobile will instantly identify the token for you.
A widely followed analyst is leaning bullish on a memecoin in the Solana (SOL) ecosystem amid a rout that has seen the crypto asset lose 72% of its value from the all-time high.
Solana-based meme coin Dogwifhat (WIF) recorded a 34% price surge during the intraday trading session on Wednesday. The rally followed speculation that the project might receive a promotion on the Vegas Sphere.
Exploring odds of WIF's sustained recovery to $2 ahead of key US inflation data.
ogwifhat (WIF) price rose 16% to $1.37 after the team announced progress on their community-funded Las Vegas Sphere display project planned for January 2025
On Wednesday, Dogwifhat (WIF) led the crypto market with a 16% surge to $1.37, becoming one of the best-performing cryptocurrencies in the last 24 hours. The token swam against the current as most of the top memecoins recorded red numbers, leading analysts to suggest a possible breakout for the token.