The meme coin market is experiencing a resurgence. Over the past month, the sector's capitalization has grown by 24%, indicating a spike in trading activity.
Shiba Inu exploded with a 4.1 trillion SHIB volume surge in the past day, nearing a seven-day high. Whales have significantly ramped up their activity, sparking market excitement for an imminent price breakout as volatility creeps back into the market.
Dogecoin is currently testing a crucial demand level after experiencing a 23% decline from its local highs of $0.13. As the meme coin navigates this turning point, the broader crypto market anticipates a potential rally in the coming weeks, driven by the Federal Reserve's recent decision to cut interest rates.
Whales are feeling the pressure as new memecoins eclipse SHIB's dominance. However, bulls remain steadfast.
Despite being regarded as a coin with strong potential this market cycle, Dogecoin has seen a notable drop in value. Currently, DOGE is priced at $0.10, marking a 2.50% decline in the past 24 hours.
Cryptocurrency markets are trading lower as Bitcoin ETFs clocked a second consecutive day of outflows on Wednesday while Spot Ethereum flows remaining muted. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $59,579.75 -2.4% Ethereum (CRYPTO: ETH) $2,360.93 -2.3% Solana (CRYPTO: SOL) $137.54 -2.1% Dogecoin (CRYPTO: DOGE) $0.1044 -3.9% Shiba Inu (CRYPTO: SHIB) $0.00001643 -3.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 25.7% and daily active addresses falling by 18.8%.
A hotly awaited HBO documentary, “Money Electric: The Bitcoin Mystery,” promised to shed new light on Satoshi Nakamoto's identity. The film, created by Cullen Hoback, identified former Bitcoin core developer Peter Todd as the premier crypto's elusive inventor.
Mog Coin and Dogwifhat have surged this year, with Ansem and Murad predicting a major rally ahead for these meme tokens. #partnercontent
Pepe Coin (PEPE) price, a popular meme coin, is gaining attention as the cryptocurrency market gears up for a potential altcoin rally toward the end of 2024. The recent price action of PEPE suggests that a bullish trend could be forming, sparking hopes of a possible surge.
WIF declined by 8.08% over the past day as market sentiments shifted over the past three days.
Over the past 24 hours, the PEPE price has seen a notable 4.59% lapse as a frontrunner to an average 2.77% decline among meme coins. Some analysts cite this as the beginning of a wider downtrend, cautioning a potential “major drop.”
With meme coins impressive gains, like DOGE and SHIB, investors are on the lookout for the next best meme. After the Dog, can the Cat lead the way, and can the MEW price explode like Dogecoin?
Billy Markus clarified that Peter Todd is an "OG core dev" but not the creator of Bitcoin.
Popular meme-inspired cryptocurrency Shiba Inu (SHIB) has seen a stunning spike in the key metric of whale activity, as IntoTheBlock reports that the amount of large transactions involving SHIB has skyrocketed by over 100% in the last 24 hours.
The price of Shiba Inu (SHIB) is facing another setback as it recovers from its previous dip. SHIB had previously recovered and reached a high of $0.00002167.
The price of Shiba Inu (SHIB) has reached a key support level, but ongoing market trends could push it lower. Is SHIB headed for a deeper decline?
According to important on-chain metrics, Dogecoin has been exhibiting indications of possible bullish momentum lately. There are not many big selling clusters in the near future that could open the door for swift upward movement, according to the Global In/Out of the Money indicator.
Although data shows Dogecoin (DOGE) dropped by 2.59%, trading at $0.1063, the popular meme cryptocurrency has hidden bullish potential. Within the past 24 hours, DOGE has soared in market volume, climbing 22.78%.
With a bullish failure to regain a decisive rally, the top meme coins are facing massive overhead supply pressure. Amid the bear market, Shiba Inu price action reveals a constant struggle to overcome the bearish influence.
The price of Dogecoin (DOGE) has fallen between moving average lines since October 1. The negative trend was halted by the 50-day SMA.
Significant activity has been displayed by Shiba Inu, as evidenced by a spike in large transaction volume of 4.1 trillion SHIB over the last day, almost reaching its seven-day peak. The increase in significant transactions is frequently a sign of increased interest from larger holders, or whales, who may have a significant impact on future price movement.
The October cryptocurrency market presents opportunities for explosive crypto coin growth. Despite past downturns, several promising coins show potential for significant appreciation, offering the chance to turn a $100 investment into $100K.
The cryptocurrency market has witnessed a notable decline in the prices of popular meme coins Shiba Inu (SHIB) and Dogecoin (DOGE). Over the last 24 hours, SHIB has decreased by 3.72% and is now valued at $0.000016, while DOGE has fallen by 2.5% and is currently priced at $0.106.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Shiba Inu (SHIB) has continued to pursue new growth triggers on the market, this time focusing on its Decentralized Finance (DeFi) ecosystem. When the team launched Shibarium last year, one of the key expectations hinged on its sustained growth to compete with other layer-2 scaling solutions like Arbitrum.
A Tesla Inc (NYSE:TSLA) Cybertruck owner has turned heads by wrapping the electric pickup in a design featuring Dogecoin (CRYPTO: DOGE), the cryptocurrency inspired by internet memes and known for its Shiba Inu dog logo. What Happened: Chris, who goes by “Doge Tipping” on social media platform X, told Tesla Owners Silicon Valley that the combination of two popular internet phenomena – the Cybertruck and the “doge” meme – inspired his unique vehicle wrap.
The PEPE token story has been a successful one since its launch, but will it continue in 2025? If so, how can the PEPE price surge
PEPE memecoin shows signs of recovery with a 2.21% price increase and positive market indicators after a recent dip.
Conor Grogan, head of product business operations at Coinbase, claims that the Federal Bureau of Investigation (FBI) has doxxed its wallet.
Almost all meme cryptocurrencies in the top 100 are losing value today amid an apathetic market. Popcat (POPCAT), despite being supported by crypto investing veteran Murad Mahmudov, is the fifth worst performer today, posting substantial losses.
Shiba Inu whales have been noticed recently making a lot of moves despite the high volatility of the meme coin right now. Most importantly, these large whales more than doubled their volume in 24 hours, which could have serious implications for the SHIB price.
Billy Markus reiterates that it is not Peter Todd as the HBO documentary claims.
The Shiba Inu is going through a tumultuous period, far from the past euphoria of meme coins. While its price struggles to break out of a narrow range, the activity of Shibarium, its layer 2 network, is dangerously waning.
Pepe has experienced extreme volatility over the past 30 days. Can the memecoin reclaim its 3-month high?
Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin (BTC) and provided insights into what to expect from these major cryptocurrencies in this market cycle. Based on his analysis, the foremost meme coin will likely outperform the flagship cryptocurrency in this bull run.
The new HBO documentary “Money Electric: The Bitcoin Mystery,” which aired on October 8, has ignited intense debate within the crypto community. The film suggests that Canadian Bitcoin developer Peter Todd is Satoshi Nakamoto.
The price chart of Shiba Inu has formed a symmetrical triangle, signifying a period of consolidation. Volume has been gradually declining as the price has stabilized, as the volume profile shows.
Shiba Inus burn rate increased by 450%, removing nearly 3 million SHIB from circulation in the last day. The tokens price has surged 32% over the past month, and analysts forecast a potential 30x price increase based on market momentum.
On Wednesday, the crypto market experienced a sudden wave of selling pressure as Bitcoin headed for the $60k breakdown. While most major altcoins followed this downward momentum, Dogecoin showed resilience, posting a 0.4% intraday gain.
The Dogecoin price could soon witness another price rally following a recent accumulation trend from crypto whales. Onchain data shows that these whales have bought billions of DOGE tokens in the last week, which could trigger a price surge for the foremost meme coin.
Ki Young Ju, founder and CEO of On-chain analytical platform CyproQuant, is convinced that meme coins can find order and become less chaotic. He made this statement in a post he shared on X, responding to meme coin analyst Murad Mahmudov's predictions.
Cryptocurrency markets are trading sideways despite key Bitcoin metrics rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,248 -1.2% Ethereum (CRYPTO: ETH) $2,412 -0.9% Solana (CRYPTO: SOL) $140.6 -1.5% Dogecoin (CRYPTO: DOGE) $0.1087 +1.98% Shiba Inu (CRYPTO: SHIB) $0.00001697 -0.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.6% and daily active addresses growing by 16.5%.
The market capitalization of meme coins is trading sideways over the last 24 hours, with a majority of established memes like Shiba Inu (CRYPTO: SHIB), Pepe (CRYPTO: PEPE) and Dogwifhat (CRYPTO: WIF) failing to back up their September gains. What Happened: Crypto trader Unipcs highlighted that despite the hype around newer coins, established ones like Dogecoin (CRYPTO: DOGE), Shiba Inu, Floki (CRYPTO: FLOKI), Bonk (CRYPTO: BONK), Dogwifha, and Pepe are poised for a significant rally.
Meme coin watchers are betting big on Flockerz ($FLOCK), a new kind of meme coin that makes voting and community building both fun and profitable.
The Meme coins category has continued recording a volatile price action over the past few days. This highlights increased price action for these projects in the market.
ZachXBT uncovers 11 wallets tied to Murad Mahmudov, prompting market scrutiny as his meme coin transactions could shift prices. The post Meme coin whale's wallets exposed in new ZachXBT's report appeared first on Crypto Briefing.
Bitcoin's failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.
SHIB stuck to the positive market sentiment it has experienced over the last month.