Solana’s New Memecoin ‘$SMOLE’ Sends Traders On Rollercoaster Ride

The launch of $SMOLE, a new memecoin on the Solana blockchain, has injected excitement into the trading community, albeit with mixed outcomes for investors. Shortly after Smile ($SMOLE) hit the trading floor, one savvy trader capitalized on the opportunity, raking in profits of 18,986 $SOL, equivalent to $3.6 million, in just 15 minutes.  Only 15 minutes after $SMOLE started trading, this whale made 18,986 $SOL($3.6M) by trading $SMOLE. He spent 18,460 $SOL($3.5M) to buy 22.21B $smole within one second after $SMOLE opened trading, then sold it for 37,446 $SOL($7.1M). Made 18,986 $SOL($3.6M) in just 15 minutes!… pic.twitter.com/qLyKJi73Jb — Lookonchain (@lookonchain)

The post Solana’s New Memecoin ‘$SMOLE’ Sends Traders On Rollercoaster Ride appeared first on The Merkle News.

Go to Source

Shiba Inu (SHIB) Faces Price Decline Amidst Investor Sales Concerns

Shiba Inu (SHIB), a cryptocurrency that experienced a remarkable surge of over 250% in recent weeks, is now facing a notable price decline, with a 7% decrease today and a 20% drop over the week, ultimately closing below the $0.00003 mark.  This downturn has raised concerns among investors about potential sell-offs, particularly as it coincides with a significant increase in SHIB transfers to exchanges, facilitated by a whale wallet. According to data from spotonchain, a savvy trader recently deposited a substantial amount of SHIB, totaling 1.24 trillion tokens, equivalent to $35.16 million, onto platforms like Binance and Gate.io. If indeed

The post Shiba Inu (SHIB) Faces Price Decline Amidst Investor Sales Concerns appeared first on The Merkle News.

Go to Source

Shiba Inu Surges 300% In 7 Days: Holders Reap Profits Amidst Rune’s Purchase And Justin Sun’s Sale

The recent surge in Shiba Inu has ignited excitement among its holders, with the meme coin experiencing a remarkable 300% increase in value over the past seven days.  Today alone, Shiba Inu witnessed a surge of 60%, propelling its price to $0.000043, marking a significant milestone as it approaches its all-time high of $0.000088. Amidst the fervor, on-chain reports from Lookonchain shed light on notable transactions involving prominent figures in the cryptocurrency space. Rune, known as RuneKek and the Co-founder of MakerDAO, made headlines by purchasing $SHIB. Over the course of three days, Rune invested 500,000 USDC to acquire 25.04

The post Shiba Inu Surges 300% In 7 Days: Holders Reap Profits Amidst Rune’s Purchase And Justin Sun’s Sale appeared first on The Merkle News.

Go to Source

Whale Enthusiasm For Shiba Inu Surges Amid Meme Coin Frenzy

This week, the excitement among whales for Shiba Inu (SHIB) has reached unprecedented levels, signaling a resurgence in the meme coin frenzy. Data from IntoTheBlock reveals a staggering spike of nearly 500% in large transactions involving SHIB, indicative of heightened interest and activity within the community. In a remarkable turn of events, the total supply of SHIB tokens has witnessed an exponential surge, skyrocketing from 1.2 trillion to an astounding 6.6 trillion in just two days.  This surge in supply coincides with a notable uptick in the price of the token, which has seen impressive gains of 27% within a

The post Whale Enthusiasm For Shiba Inu Surges Amid Meme Coin Frenzy appeared first on The Merkle News.

Go to Source

TokenFi Experiences Fluctuations Following Recent Surge

TokenFi, the latest venture launched by the seasoned team behind the popular Floki token, has witnessed a slight decline in its value, dropping by up to 5% over the past 24 hours. This dip comes after an impressive surge of over 20% in the preceding seven days, highlighting the inherent volatility within the cryptocurrency market. Amidst today’s price adjustment, onchain reports have shed light on recent activity involving TokenFi. Just hours ago, DWF Labs, a prominent player in the crypto space, deposited 4 million coins of the TOKEN token to Gate, amounting to a value of $165,000.  七小时前,DWF Labs 向

The post TokenFi Experiences Fluctuations Following Recent Surge appeared first on The Merkle News.

Go to Source

Shiba Inu Faces Stagnant Growth Amidst Recent Market Activity

Recent data from Coinmarketcap reveals that Shiba Inu has seen limited growth in value over the past week, with a modest increase of just 0.5%.  However, the token has managed to gain 9% in the past month, albeit still far from its peak levels recorded in 2021. Despite this, Shiba Inu remains a topic of interest and continues to attract positive forecasts from investors and analysts. Spotonchain data sheds light on recent activity involving a notable whale, identified as 0x30e, who purportedly sold 341.57 billion SHIB tokens, amounting to approximately $3.25 million, at an average price of $0.00009526.  Whale 0x30e

The post Shiba Inu Faces Stagnant Growth Amidst Recent Market Activity appeared first on The Merkle News.

Go to Source

BONE Token Surges Amid Expectations Of Dynamic Staking Integration

The BONE token, a pivotal governance asset within the Shibarium ecosystem, is poised for a significant transformation with the anticipated integration of dynamic staking on Layer 2, mirroring Ethereum’s acclaimed Lido Protocol. In an unexpected turn of events, the value of BONE has skyrocketed by an astonishing 8000%. Insights gleaned from Shibarium scan data reveal a remarkable surge in coin transfers, which spiked by an impressive 33,775 overnight. Previously, BONE’s valuation had oscillated within the range of 347 to 415. Following integration similar to Lido Protocol on #Ethereum, #BONE anticipates dynamic staking on Layer 2. Recent announcement triggers 40% surge

The post BONE Token Surges Amid Expectations Of Dynamic Staking Integration appeared first on The Merkle News.

Go to Source

Dogecoin Surges Amid Rising Interest And New Addresses

Dogecoin (DOGE) holders are witnessing an unexpected surge in the value of the meme coin, fueled by a growing number of addresses adding to its ecosystem.  This upward trend could potentially propel DOGE towards the significant $0.1 milestone, marking a notable achievement for the cryptocurrency. Cryptocurrency analyst Ali reports a staggering 1,100% increase in new Dogecoin addresses over the past week, with an all-time high of 247,240 new DOGE addresses established on January 29 alone, breaking previous records. The #Dogecoin network is witnessing a remarkable surge in growth, with new addresses increasing by a staggering 1,100% over the past week!

The post Dogecoin Surges Amid Rising Interest And New Addresses appeared first on The Merkle News.

Go to Source

Elon Musk’s Influence Drives Significant Profits In Smart Money Ventures

This week, Elon Musk’s impact on Smart Money ventures reached new heights as his involvement sparked a buying frenzy for the meme coin $TROLL, resulting in substantial profits of $13.4 million for numerous addresses. 🧠💰 This week, @elonmusk made the biggest impact on Smart Money profits: 🙃 Meme coin $TROLL brought in $13.4M in profits for hundreds of addresses after Musk’s bio change on X turned into a buying spree. pic.twitter.com/fEgR7JRb95 — Scopescan (@0xScopescan) January 18, 2024 While $TROLL experienced stagnation since its introduction in April of the previous year, Musk’s notable endorsement triggered a surge in the token’s value.

The post Elon Musk’s Influence Drives Significant Profits In Smart Money Ventures appeared first on The Merkle News.

Go to Source

Myro Makes Waves As Solana Top Meme Coin

In a significant development today, Myro (MYRO), securing its position as the third-largest Solana meme coin after Dogwifhat (WIF) and Bonk (BONK), witnessed substantial growth. Since its deployment on Solana’s (SOL) mainnet on November 11, 2023, Myro has been consistently setting new highs.  The token has experienced an impressive surge, achieving over a 1,700% gain overall, with a notable 140% increase in the past month, a remarkable 252% surge in the past seven days, and a 52% uptick in the past 24 hours, reaching an all-time high at $0.0764. The market capitalization of Myro recently reached a peak around $84

The post Myro Makes Waves As Solana Top Meme Coin appeared first on The Merkle News.

Go to Source