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Showing posts with the label memecoin

Shiba Inu Vs. Dogecoin: Which Can Turn $1000 To $1 Million First?

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Dogecoin (DOGE) and Shiba Inu (SHIB) are two of the biggest rivals in the memecoin sphere. Both projects have turned several early investors into multi-millionaires. Both have strong fan bases. While DOGE has an upper hand for entering the scene earlier, SHIB has made significant inroads in its four short years of existence. Also Read: Amazon Set to Accept $XRP Payments—Ripple Price Predicted to Reach $2.10 by April 2025 Shiba Inu Vs. Dogecoin: Which Can Turn $1000 Into $1 Million First? Source: Bankrate If you purchase $1000 worth of SHIB today, you will receive about 85,616,438.36 (85.61 million) tokens. On the other hand, $1000 will get you about 6,460.85 DOGE. Also Read: Shiba Inu Price to Explode 550%? Bullish Signs Confirmed by 3 Expert Predictions For 85.61 million Shiba Inu (SHIB) tokens to be worth $1 million, the price of each token has to hit $0.01168. SHIB’s price has to rally by about 99,900% to hit the $0.01168 target. According to Telegaon, SHIB could hit the $0.011...

DOGE is crashing as Elon Musk clarifies Dogecoin’s role in US Government

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Elon Musk clarified Dogecoin (DOGE) role in the United States Government, frustrating some growing expectations and causing DOGE to crash. Expectations were related to Musk’s position in Donald Trump’s administration with the Department Of Government Efficiency (D.O.G.E.). Historically, Dogecoin performance and massive success featuring among the most valuable cryptocurrencies is directly connected to the multi-billionaire. From late December 2020 to early May 2021, DOGE surged by 23,740% – from $0.00310 to $0.739 – as Musk showed public support to Dogecoin, mostly via memes on Twitter (now X). Dogecoin (DOGE) price chart, one-week (1W) candlesticks. Source: TradingView / Finbold Elon Musk clarifies US Government intentions related to DOGE However, in a rally in Wisconsin, Elon Musk answered a question on whether Dogecoin would be used by the government. Reuters published the video on March 30 and Musk answers the question at the 00:23:37 timestamp. ...

Leading Shiba Inu Rival Flashing Bullish Signals Hinting at Price Reversal, According to Santiment

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The original dog-themed memecoin is showing signs of a bullish reversal, says leading crypto analytics platform Santiment. According to Santiment, Dogecoin (DOGE) is “signaling a potential turning point once crypto markets stabilize” as the number of wallets increases. “Dogecoin, like most meme coins, has been hammered during the two-month crypto-wide retrace. However, we recommend keeping an eye on the rising level of wallets holding at least one million DOGE, which has recovered during the price dump. Active addresses are also at four-month highs.” Santiment says that the number of Dogecoin wallets holding over one million DOGE has surged by over 1% since the start of February. In March, the largest memecoin by market cap has also recorded spikes in address activity, with the number rising to more than 150,000 active addresses per day severally. Source: Santiment/X Dogecoin is trading at $0.166 at time of writing, down by about 62% from the 2025 hi...

Balaji Srinivasan Says Donald Trump Should Airdrop Official Memecoin to His Supporters – Here’s Why

Former Coinbase executive Balaji Srinivasan thinks Trump should consider airdropping his newly launched official memecoin to his supporters. Srinivasan tells his 1.1 million followers on the social media platform X that Trump is “now strongly incentivized to legalize cryptocurrency in the most aggressive way possible.” But he also argues there’s an “alignment problem” with the new TRUMP coin. “As context: the CEO of a company is typically one of the largest shareholders, but he is aligned with all his employees because they hold the same shares. All holders rise and fall as one, ideally. By analogy, you would ideally want the President to be aligned with his citizens, such that they all held (say) USA coin, which gave some dividend from the profits of the USA. Kind of like the Alaska Permanent Fund. So, one way of solving the alignment problem would be for Trump to airdrop some TRUMP to every US citizen. However, it might be e...

Crypto Exchange Coinbase Adds Support for Gigachad (GIGA) and Two Additional Altcoins

Top US crypto exchange Coinbase has added support for three additional digital assets, including memecoin Gigachad (GIGA). Solana (SOL)-based GIGA, a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, is up more than 39% from its $0.04911 low on Tuesday, the day it was listed on Coinbase. GIGA is trading for $0.06844 at time of writing. With a market cap of $657.9 million, Gigachad is the 183rd largest crypto project. Coinbase also added support for Magic Eden (ME) on the Solana network, a utility token for the Magic Eden non-fungible token (NFT) marketplace. Users can list their Solana-based NFTs for sale in ME and earn tokens from the sales as well, says the project. ME is trading for $5.15 at time of writing, down 12% in the last 24 hours. With a market cap of $673.5 million, ME is the 178th largest market cap. Lastly, Coinbase added support for Ethereum (ETH)-based Turbo (TURBO), a GPT-4 created memecoin inspired by a toad char...

Pepe Hits New All-Time High, Up 140%: Can It Hit $0.0001 Next?

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Pepe (PEPE) hit a new all-time high of $0.00002716 earlier today. The frog-themed memecoin is among the best-performing cryptocurrencies of this year. The asset is up 2.8% in the daily charts, 25.2% in the weekly charts, 29.8% in the 14-day charts, and 140% over the previous month. The memecoin was also among the best-performing cryptocurrencies of the last year. The asset has rallied by a whopping 1570.3% since December 2023. Also Read: Chainlink Rallies Nearly 100%: Will LINK Hit $40 This Week? Source: CoinGecko Why Is Pepe Rallying? The asset’s latest rally comes amid a larger altcoin surge. Solana (SOL), BNB, and TRON (TRX) have all hit new peaks over the last few weeks. The surge in altcoin prices could be due to investors moving funds away from Bitcoin (BTC), which is stagnating below the $100,000 mark. Market participants may attempt to book profits with other assets, such as PEPE. Source – Coinpedia Also Read: Cardano ADA: Whales Buying in as Analysts Predict 165% Su...

Analyst Says Dogecoin Has Way More Room To Grow, Sees Potential Rally to New All-Time High for DOGE

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A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) may be gearing up for an explosive surge. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE has more upside potential based on the level of public interest relative to its current price level. He uses Google search trends to gauge the level of interest for the top memecoin by market cap. “I read people saying Dogecoin will not go higher because of ‘market cap,’ ‘sell the news,’ ‘better memes.’ Well, when you look at the interest in DOGE over time, it isn’t even at peak popularity yet. Long story short, DOGE has way more room to grow.” Source: Ali Martinez/X He also says that DOGE may be forming a bull flag pattern on the hourly timeframe and may soon surge past its all-time high of about $0.74. In technical Analysis , a bull flag is viewed as a continuation pattern, indicating that an asset i...

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that popular meme asset dogwifhat (WIF), which launched less than a year ago in December 2023, is now available on its platform to buy, sell, end, send and convert. “dogwifhat is now live on [coinbase.com] and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the listing sent WIF flying from a low of $2.99 on November 13th to its current price of $4.05, a gain of 34%. The day before the 2024 presidential election, WIF has valued at just $1.92. WIF launched last year on the Solana (SOL) blockchain as a community-driven memecoin with a fixed supply. It displays the image of a Shiba Inu dog wearing a pink knitted hat and quickly gained popularity. Last month, pseudonymous crypto tra...

Top Memecoin Could Explode 121x if History Repeats, According to Crypto Analyst

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Crypto analyst and digital assets trader Ali Martinez is leaning bullish on the largest memecoin by market cap. Martinez tells his 77,400 followers on the social media platform X that Dogecoin (DOGE) could go up by more than twenty-fold from the current price. Based on the extrapolation of Fibonacci retracement levels, a technical Analysis tool based on the Fibonacci sequence of numbers to forecast price targets as well as identify key support and resistance areas, Dogecoin could skyrocket between 2,016% and 12,069% from the current price, according to Martinez. “With Elon Musk now influencing the 47th President, Donald Trump, Dogecoin could be primed for a wild ride! In past bull cycles, once DOGE broke the 0.50 Fibonacci retracement [level], it often rallied to the 1.618 or even 2.272 Fibonacci levels. If history repeats, we could see DOGE hit somewhere between $4 and $23!” Source: Ali Martinez/X Dogecoin is trading at $0.189 at time of writing. ...

Dogecoin Rival Mirroring BNB’s Early 2024 Parabolic Rally, According to Crypto Analyst – Here’s His Outlook

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A closely followed crypto analyst says that a Dogecoin (DOGE) rival is potentially copying the same parabolic structure that BNB printed earlier this year. Pseudonymous trader Inmortal tells his 214,000 followers on the social media platform X that memecoin FLOKI could be repeating BNB’s move in early 2024. The trader suggests that an over 160% move for FLOKI is potentially on the table. “Similar structures. BNB vs. FLOKI.” Source: Inmortal/X Looking at the trader’s chart, he seems to predict that FLOKI will rally to $0.0003. At time of writing, FLOKI is worth $0.000114 Inmortal says that FLOKI’s recent sponsorship deal with English soccer team Nottingham Forest Football Club is another bullish catalyst for the memecoin. The trader says that FLOKI is likely to lead the memecoin resurgence once crypto bounces back. “If you ask me this is a big one, and when markets go green again, FLOKI will still be the leader if we talk a...

Shiba Inu: Forget Millionaires, Can You Be a Billionaire By 2030?

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Shiba Inu (SHIB) has turned several early investors into multi-millionaires and, in some rare cases, even billionaires. SHIB’s incredible performance during the 2021 bull run made it one of the best-performing cryptocurrencies of the last four years. Since its launch in August 2020, till it hit an all-time high in October 2021, SHIB’s price rallied by many million percent. How Can You Be a Billionaire With SHIB by 2030? Changelly’s Prediction According to Changelly, Shiba Inu (SHIB) could hit a maximum price of $0.00036 in 2030. To have one billion dollars worth of SHIB at $0.00036 per coin, you will need about 3,333,333,300,000 (3.33 trillion) coins. Currently, the price of 3.33 trillion SHIB is about $43,333,333.33 ($43.33 million). If successful, your investment would grow by about 2207%. Also Read: Shiba Inu: Can SHIB Rally 700% And Hit $0.00008 In 2024? Telegaon’s Prediction Telegaon analysts are more bullish on SHIB. The platform predicts the asset to hit a maxim...

Avalanche Foundation to spend Culture Catalyst’s funds on select meme coins

Initially established as a program aimed at ‘sparking innovation,’ Avalanche’s Culture Catalyst will now spend funds to buy meme coins. In an X announcement on Dec. 29, the Avalanche Foundation said it plans to start spend ing Culture Catalyst’s funds on “ select Avalanche-based meme coins ” in a bid to “recognize and encourage the culture and fun symbolized by meme coins .” Last year, the Avalanche Foundation launched Culture Catalyst, a program aimed at empowering creators, sparking innovation, and propelling the adoption of blockchains. This initiative seeks to better position Avalanche to cultivate and support the many new forms of creativity,… — Avalanche (@avax) December 29, 2023 Established in March 2022, the Culture Catalyst initiative, as noted by the foundation, initially was aimed at “empowering creators, sparking innovation, and propelling the adoption of blockchains.” You might also like: Wha...

PayPal stablecoin launch sparks wave of fake PYUSD tokens

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Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement. Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens. According to data from decentralized exchange scanner DexScreener, nearly 30 new token pairs sporting the ticker “PYUSD” have cropped up in the 16 hours since the announcement. Today, we’re unveiling a new stablecoin , PayPal USD (PYUSD). It’s designed for payments and is backed by highly liquid and secure assets. Starting today and rolling out in the next few weeks, you’ll be able to buy, sell, hold and transfer PYUSD. Learn more https://t.co/53RRBhmNHx pic.twitter.com/53ur2KmjU7 — PayPal (@PayPal) August 7, 2023 The look-alike tokens have been minted on a variety of different chains including Binance Smart Chain, Ethereum and Coinbases’ newest layer 2 Base. It’s important to note th...