In Brief Justin Sun’s Tron blockchain has embraced the memecoin trend through its SunPump platform. The platform has already launched over 5,500 memecoins and generated significant TRX revenue. Sun predicts the network will soon see a memecoin with a market cap exceeding $1 billion. Tron, the blockchain founded by Justin Sun, is now embracing…
Read more
In Brief Trump and Musk’s Twitter Spaces talk avoided crypto, disappointing many expecting mentions of Bitcoin or Tesla. MAGA-themed meme coins dropped sharply, with values falling by 15.58% and 27.35% after the talk. Trump’s strategic crypto engagement continues despite avoiding the topic in broad public forums. During a highly anticipated Twitter Spaces conversation on…
Read more
In Brief Donald Trump is confirmed to speak at Bitcoin 2024 in Nashville, sparking crypto market excitement. TrumpCoin (DJT), a newly minted Trump-themed meme coin, surged by 500,000x following the news. The former president’s crypto stance generates both enthusisasm and debate within the community. The organizer of The Bitcoin Conference just announced that former…
Read more
In Brief Shiba Inu’s price has been consolidated for the past month and might continue moving sideways. The meme coin failed to capitalize on the recent meme coin craze due to selling by investors. The altcoin also faces a resistance of $1.54 billion worth of SHIB that would become profitable after a 19% rally. While…
Read more
In Brief Crypto whale invests $10.4 million in PEPE. The transaction includes 1.238 trillion PEPE. PEPE’s value has risen 29.70% last month. A remarkable transaction has shaken the cryptocurrency market as a crypto whale reportedly invested $10.4 million into meme coin PEPE. This substantial investment, unfolding amid a surge in market activity, has triggered intense…
Read more
In Brief Bonk price is in a descending wedge, and the lower trend line will likely be tested again. This would result in a potential 50% drawdown, which broader market cues support. BONK holders are also betting on a price drop since Funding rates are highly negative. Bonk failed to breach a key resistance trend line,…
Read more
In Brief Rekt Fencer reveals a strategy for achieving 1,000X gains through meme coin trading, focusing on ‘sniping’ new token launches. Utilizes meticulous market analysis and tools like DEX Screener and sniper bots to identify and secure potentially lucrative investments. Despite potential high returns, Fencer’s method involves risks and requires careful verification of token security…
Read more
Meme coins will be familiar to anyone who has traded cryptocurrency for some time. And despite the fact that the vast majority do not provide any benefit, some investors simply cannot resist the urge to subscribe, despite how bizarre some may appear. Assuming that you’re one of those inquisitive brokers that are on the chase…
Read more
