Recent data from the market intelligence platform intotheblock reveals a significant development in the memecoin market: both DOG and DEGEN have surpassed Dogecoin in terms of weekly active traders. This shift in dynamics signals a potential change in the landscape of memecoins, with DOG and DEGEN emerging as formidable contenders. The criteria for identifying active traders involves analyzing the number of addresses holding an asset for less than a month. This metric serves as a barometer for trader activity and is often indicative of bullish momentum in the market. For years, Dogecoin has reigned supreme in the memecoin arena, dominating
The post DEGEN and DOG Surpass Dogecoin In Weekly Active Traders appeared first on The Merkle News.
The cryptocurrency shiba inu has managed to capture the 18th position in terms of crypto market valuations. The token has gained 230% during the last seven days and year-to-date, SHIB has gained a whopping 24,177,682%. SHIB’s Value Swells After Whale Buys $43 Million Worth of Tokens The popular meme-based crypto-asset shiba inu (SHIB) has seen […]
While the dogecoin’s token price has floundered during the last seven days, the meme-coin’s rival shiba inu (SHIB) has moved up the ranks in terms of weekly gains. Dogecoin has shed 5.8% during the last week, but shiba inu has spiked 21.3% during the course of the week and 21.1% in the last 24 hours. […]
This week a project called Pleasrdao announced that a notable Doge non-fungible token (NFT) that sold in June 2021 for 1,696.9 ether or over $3.6 million at the time of sale, will be fractionalized. At the time of sale, the Doge NFT was a historic sale and the NFT’s owner wants others to enjoy the […]
Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy. While dogecoin has been around since 2013 and has seen massive gains during the last year, the relatively new ERC20 crypto shiba inu has jumped significantly in value as well. Both Dogecoin and Shiba […]
A recently conducted study has reportedly found that 75% of millennials would be more likely to date someone who possesses knowledge about cryptocurrencies. The survey comes amid apparently increasing fascination with millenials’ views regarding cryptocurrencies. Also Read: Kim Kardashian Receives Her First Bitcoin Surveys Probe Millennials’ Views on Crypto An increasing number of companies have published […]