15.246 Billion Floki Tokens Successfully Burned

In a decisive move that underscores the commitment of the Floki community, 15.246 billion $FLOKI tokens have been successfully burned following a vote by the Floki DAO. This action received overwhelming support, with 99.84% of participants voting in favor of the burn. The burning of $FLOKI tokens is a strategic measure aimed at increasing the … Read more

Whale Deposits 198 Billion SHIB To Coinbase, Realizing Massive Profit Amid Memecoin Surge

The recent memecoin surge has seen significant whale activity, notably with Whale 0x541 depositing all 197.99 billion Shiba Inu (SHIB) tokens, valued at $4.88 million, to Coinbase at $0.00002463 after six months of inactivity.  This move marks a significant profit for the whale, who originally acquired these tokens at an average price of $0.000008468. Between … Read more

Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals

Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead to reach their former peaks. Bitcoin: 9% Below ATH as Altcoins … Read more

Recent Surge In Memecoins Yields Significant Profits For Traders

The recent surge in memecoins has continued to generate substantial profits for traders. Notably, one trader has made a remarkable $1.17 million from investments in $GME and $AMC. On May 13, following the return of @TheRoaringKitty on X, this trader spent 645 $SOL to purchase 30.8 million $GME and 327 $SOL to buy 27.6 million … Read more

New Solana Memecoin THUG Cat Gains Attention Despite Insider Sell-Off

The emergence of Thug Cat ($THUG), a new Solana memecoin, has caught the eye of the crypto community, propelling it to the sixth position on the Dex screener today. However, recent data from Lookonchain reveals an intriguing development involving insiders profiting from the token’s surge. Insiders capitalized on the hype surrounding Thug Cat by strategically … Read more

Meme Coins Outperform Broader Crypto Market With Notable Gains

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 … Read more

Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy efficiency of 0.21 joules per megahash (J/M) mines litecoin, dogecoin, and digibyte. Bitmain Set to Launch L9 … Read more

DEGEN and DOG Surpass Dogecoin In Weekly Active Traders

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 … Read more

Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation

This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days. WIF Surpasses Major Competitors, Securing Third Spot Among Meme Coins In the recent week, … Read more

Dogecoin Surges To New Heights Amidst Memecoin Frenzy

In an unexpected turn of events, Dogecoin, the beloved dog-themed memecoin, has skyrocketed to its highest level in over a year, experiencing a staggering 17% price gain and witnessing a remarkable 100% surge in trading volume within the past 24 hours. Santiment feed data reveals a remarkable spike in Dogecoin transactions, soaring from 1.22 billion … Read more