The attention drawn by meme coins in the rapidly evolving cryptocurrency world is for their speculative nature and their almost guaranteed viral existence. Among meme coins is Dogelon Mars ($ELON), a notoriously digital asset vaulting itself to the 305th largest cryptocurrency by market cap, according to CoinMarketCap, on the morning of October 14. With a trading volume of 382,500,482 as of that morning, it had an almost guaranteed existence of viral attention. A Week of Inauguration Madness In the last five days, $ELON has enjoyed some significant price pumps, bringing in some traders and enthusiasms of all kinds. Yet data
The post Dogelon Mars ($ELON): Memecoin Mania Amid Market Volatility appeared first on The Merkle News.
]]>
Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.”
Powered by WPeMatico
]]>
As Vitalik Buterin’s holdings represented a large portion of the circulating supply for some of the tokens, the sales resulted in huge price drops.
Powered by WPeMatico
]]>
The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. […]
Powered by WPeMatico
]]>
Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon […]
Powered by WPeMatico
]]>
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone capture roughly 85.28% of the meme crypto market […]
Powered by WPeMatico
]]>
The global cryptocurrency market valuation has rebounded a great deal since the initial downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto economy is down 1.4% during the last 24 hours. Meanwhile the meme token market capitalization today is $47.2 billion down 12.6% during the last day. Dogecoin has suffered pretty […]
Powered by WPeMatico
]]>
The humongous bull run appeared in sync with similar price rallies across Dogecoin-inspired joke cryptocurrencies, notably Shiba Inu.
Powered by WPeMatico
]]>
Following shiba inu’s 260% gains during the last 30 days, the third-largest meme-based crypto asset in terms of market capitalization, baby doge coin (BABYDOGE), has taken the lead in terms of market performance. Another meme asset, dogelon mars (ELON) has soared 286% this past week. Moreover, during the last seven days, baby doge coin’s price […]
Powered by WPeMatico
]]>