Memecoins
3 Meme Coins for Sale in May Before They Crash and Burn
![Meme Coins To Sell - 3 Meme Coins to Sell in May Before They Crash & Burn](https://tokentalk.top/wp-content/uploads/2024/05/1715165107_3-Meme-Coins-for-Sale-in-May-Before-They-Crash.jpg)
Source: Shutterstock.com/ChrisStock82
The long awaited Bitcoin (BTC-USD) the halving did not meet the expectations of many memecoin holders. Instead of a multiple rise, the crypto market experienced a more or less profound decline. The market capitalization of tokens in the “Meme” category has fallen and is now around $56 billion brand. With the total market capitalization remaining relatively unchanged, this indicates an outflow of funds. The loss of support levels is leading investors to already make a list of meme coins to sell. They realize that it is not worth staying in a loss-making asset just because they were previously making money using that token.
Amid a market-wide correction and FUD growth, the balance of risks and possible rewards shifts. During the bull market, meme coins managed to gain value and become more massive players. If the flow of capital from a certain group of coins even to projects with a more developed technological base is confirmed, these coins will find themselves in crisis.
Meme Coins for sale: ApeCoin (APE-USD)
Source: Munissima / Shutterstock
The NFT project Bored Ape Yacht Club (BAYC) took advantage of the general enthusiasm around meme culture and presented its ApeCoin token (APE-USD). It was useful for the development of the ecosystem and provided a voice in decision-making on controversial BAYC issues. One of the most famous NFT collections promoted the integration of APE into payments for non-fungible tokens and related services. BAYC’s influence led to the token’s growing popularity in the first months of its existence and attracted investors looking to capitalize on the latest trends in the cryptocurrency market. At its peak, the EPA broke the $20 brand, but this rep even parts for sale couldn’t stay on top $10.
Anyone can influence the further development of the project because ApeCoin is the equivalent of a share in the management of BAYC. Despite this utility, the token has fallen victim to the fluidity of the crypto community’s preferences. A fall nearby $1 followed the rise of the APE. The decline is the result of an internal struggle within the Bored Ape Yacht Club ecosystem and several external factors.
The reduced use of APE for settlement payments reflects the market-wide trend of declining investor interest in NFTs. The cooling of the market for these digital assets has resulted in a slow downward trend in the price chart over the past. two years. Changes in regulatory control do not predict an imminent ApeCoin boom, so $1.31 per token is not a “soft” price.
Shiba Inu (SHIB-USD)
Source: Maria Shipakina / Shutterstock.com
Dog-themed meme coins have proven to be valuable assets that can add a few zeros to the wealth of crypto enthusiasts. Shiba Inu (SHIB-USD) began to circulate between wallets as an analogue of Dogecoin (DOGE-USD). However, this token quickly gained attention due to its charismatic branding and social media discussions. The growth of the community and the involvement of participants have contributed to the formation of a multi-billion dollar market capitalization. However, a repetition of result 2021 This seems unlikely, even in the current bull market.
March 2024 brings SHIB trading to life, but the trend of 2021-2023 is always reflected in the token’s capitalization table. Its wave-like shape highlights the high volatility of the digital asset, and the falling peaks of these waves suggest adding the token to the list of meme coins for sale. Despite its skyrocketing market capitalization, SHIB cannot boast of stable growth and resistance to market changes.
Along with the decline in interest in dog coins, the position of the Shiba Inu may be shaken, as the project only offers a limited number of benefits to users. The speculative nature of this digital asset has allowed the price to increase rapidly during hype cycles, as was in September-October 2021 and February-March 2024. However, the situation now seems closer to that of the period end of 2021 – beginning of 2022when investors were tearing their hair out, watching prices fall from $0.000079 to $0.000008.
Bonk (BONK-USD)
Source: Rebeca VS / Shutterstock.com
Bonk (BONK-USD) emerged during the period of negative market sentiment following the FTX crash. The 2022 airdrop distributed half of the token supply among Solana ecosystem participants. Such a generous gesture during the crypto winter laid the foundation for the rapid rise of the project, but it did not guarantee sustainable and continued growth of the token. Double price drops within a few days are the norm for this asset.
Like much of the meme coins for sale, Bonk has limited real-world application. Despite efforts to increase utility, BONK’s primary use is for speculative trading and community engagement. Support from social media participants dictates the token’s next price levels. At the same time, the craze around dog tokens won’t last forever, because the story becomes less interesting if told over and over again without improvements or additions. The project was limited to additional tools to increase the price in an era of increased competition between meme coins. Without innovations and expanded means to involve the community, it will not resist pressure from other actors.
The “Coinbase effect” allowed the project to reach its peak in December 2023and the overall uptrend pushed Bonk to his absolute record (ATH) in March 2024. However, a shift towards bearish sentiment would mean that BONK would fall to its lowest support level. Such a critical test for the bulls could be fatal for token holders.
On the date of publication, Julia Magas did not hold (neither directly nor indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publishing Guidelines.
Julia Magas is a writer who covers the latest trends in finance and technology. His work is published in a number of financial media outlets such as Nasdaq, Cointelegraph, Investing, SeekingAlpha, FXEmpire and Beincrypto. It mainly covers cryptocurrency and blockchain technology with a focus on market performance, innovations and trends.
Memecoins
Memecoins dominate major derivatives in terms of open interest | Flash News Detail
![Bitcoin Dominance May Have Peaked, Ethereum ETF Could Trigger Altcoin Momentum](https://tokentalk.top/wp-content/uploads/2024/06/Bitcoin-Dominance-May-Have-Peaked-Ethereum-ETF-Could-Spark-Altcoin.jpg)
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Memecoins
Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings
![Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don't miss the winnings](https://tokentalk.top/wp-content/uploads/2024/08/1722527106_Have-a-profitable-August-with-Shiba-Inu-and-Mpeppe-MPEPE.jpg)
August offers investors a unique opportunity to capitalize on the potential gains offered by Shiba Inu (SHIB) and Mpeppe (MPEPE)These two memecoins take advantage of the viral nature of internet memes and popular culture, attracting a diverse and enthusiastic audience. In this article, we’ll look at why Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for gains this month and why you shouldn’t miss out on the potential profits.
The viral power of memecoins
Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid spread of the cryptocurrency’s brand and message across various online platforms, potentially appealing to a broader and more diverse audience. Shiba Inu (SHIB) and Mpeppe (MPEPE) are great examples of how this viral potential can translate into substantial community growth and market presence.
Shiba Inu: riding the wave of popularity
Shiba Inu (SHIB) has established itself as a major player in the memecoin space. With its cute canine mascot and strong community support, Shiba Inu (SHIB) has gained a significant following. The coin’s ecosystem continues to grow, with projects like ShibaSwap adding to its utility and appeal. Investors are optimistic about Shiba Inu’s future, expecting it to ride the wave of popularity that has kept it in the spotlight.
Ecosystem expansion
THE Shiba Inu (SHIB) The Shiba Inu (SHIB) ecosystem is constantly expanding, offering new features and utilities that enhance its value proposition. Projects like ShibaSwap provide users with opportunities to stake and earn rewards, making Shiba Inu (SHIB) more than just a meme currency. This expansion helps solidify its market position and attract a wider audience.
Balancing humor and professionalism
Mpeppe (MPEPE) offers a unique and light-hearted approach to the serious world of digital assets, balancing humor and professionalism. Inspired by internet memes and the dynamic energy of football fans, Mpeppe (MPEPE) is quickly gaining traction in the crypto community.
Mpeppe (MPEPE) offers an opportunity to reach a younger demographic and tap into the viral nature of internet culture. By balancing humor and professionalism, Mpeppe (MPEPE) appeals to a wide audience, from casual meme enthusiasts to serious investors. This strategy is similar to the one that made Shiba Inu (SHIB) so successful, but with a modern twist.
Expanding Reach and Adoption
Mpeppe’s (MPEPE) ability to leverage internet culture means it has the potential to rapidly expand its reach and adoption. The memecoin’s branding and community-driven approach make it accessible and appealing, much like Shiba Inu (SHIB) in its early days.
Why August is the month to invest
As the cryptocurrency market experiences a surge in interest, August presents a great opportunity to invest in promising assets like Shiba Inu (SHIB) and Mpeppe (MPEPE) Both coins are well positioned to capitalize on the growing interest in memecoins, driven by their unique appeal and active communities.
Conclusion: Don’t miss the benefits
Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for a profitable August, leveraging their viral potential and strong community support to attract a diverse audience. With the cryptocurrency market in full swing, now is the perfect time to consider investing in these promising memecoins. Just as Shiba Inu (SHIB) captivated the crypto world with its unique appeal, Mpeppe (MPEPE) is poised to make its mark. Don’t miss out on the potential gains these innovative digital assets have to offer.
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Memecoins
Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further
![Solana climbs 4% on the back of rising Meme Coins and Alts](https://tokentalk.top/wp-content/uploads/2024/07/Solana-climbs-4-on-the-back-of-rising-Meme-Coins.jpg)
Solana, the fifth-largest crypto asset by market cap, has fallen 8% in the past 24 hours, according to CoinGeckolike his Meme Coin Market Prices of some coins, which can be notoriously volatile, have fallen by as much as 43% in the past day.
As the cryptocurrency market bleeds with Bitcoin (Bitcoin) down 2.7% and Ethereum (ETH) 4.2%, Solana (GROUND) was the hardest hit among the top 10 cryptocurrencies, falling 8.2% to $168 on the day, according to data from CoinGecko. Along with this, meme coin Solana suffered huge losses.
The biggest loser in the last 24 hours is the bigger of the two Black (NEIRO) on Solana which fell nearly 44% to $0.01821. These tokens were launched after the owner of Kabosuthe Shiba Inu that inspired the Doge meme, announced that she had adopted a new dog named Neiro. Interestingly, her rival on the network launched an hour beforealso called Black (NEIRO), is up 75.2%. It appears that the Solana Neiro Civil War is far from being decided.
Other big losers include: Pump.fun’s Favorites Billy (BOWL), down 26.4%, and Michi (MICHI), which fell 24.5%. Over the past 24 hours, both tokens have flipped their market caps multiple times, but dog token Billy is currently in the lead with $94 million, about $3 million ahead of Michi.
Dog with hat (Wireless), the largest meme coin on Solana, was also hit, dropping 12.4%. Bonk (BONK), the second-largest Solana meme coin, fell 9.1%. In fact, among the top 50 Solana meme coins by market cap, only four tokens are in the green, with Zoomer (ZOOM IN) leading the pack with 41.1%.
Meme coins are notoriously high-risk assets and tend to post disproportionate losses when the broader market experiences a downturn.
Brain (BRAIN), Michi (MICHI), Mini (MINI), Shark cat (SC), and many others, for example, have suffered greater losses in the last 24 hours than any of the top 100 cryptocurrencies by market capitalization.
In the world of meme coins, when it rains, it rains.
Edited by Stacy Elliott.
Memecoins
Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD
![Trader Says Bitcoin's Path to $100,000 Is 'Currently Programmed', Updates Outlook on Memecoin That's Up Over 18,000% YTD](https://tokentalk.top/wp-content/uploads/2024/08/Trader-Says-Bitcoins-Path-to-100000-Is-Currently-Programmed-Updates.jpg)
A widely followed analyst and trader expresses bullish sentiment on Bitcoin (Bitcoin) while offering his take on the memecoin built on Solana (GROUND) blockchain ecosystem.
Starting with Bitcoin, the analyst known by the pseudonym Altcoin Sherpa tell His 219,000 followers on social media platform X say Bitcoin is on the verge of hitting a six-figure price.
“There will be bumps along the way, but Bitcoin’s path to $100,000 is on schedule. Don’t get rattled or lost along the way.”
Source: Altcoin Sherpa/X
At the time of writing, Bitcoin is trading at $66,236.
According to For the widely followed trader, Bitcoin enjoys strong support between $63,800 and $65,000, where the 25, 55, 89 and 200 exponential moving averages (EMAs) on the daily chart have clustered.
Source: Altcoin Sherpa/X
Next up is the Solana-based memecoin Popcat (POPCAT). The pseudonymous trader and analyst said that among the cat memecoin family, POPCAT is one of the “best” in the long run.
Altcoin Sherpa, however, says POPCAT looks bearish on the short-term four-hour time frame and needs to climb above a range low between $0.694 and $0.724 to avoid falling further.
Source: Altcoin Sherpa/X
POPCAT was trading at $0.00379 on January 5th and is now at $0.704, a gain of approximately 18,475%.
Altcoin Sherpa also offers his take on dogwifhat (Wireless), Solana-based Memecoin. According to For the pseudonymous analyst, WIF “still looks pretty good for now” on the four-hour chart with the “best” support area sitting around $2.10.
“The average would probably be $2.30 to $2.10 if I were you and I was swing trading this one.”
Source: Altcoin Sherpa/X
WIF is trading at $2.27 at the time of writing.
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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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