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Memecoins

3 Trends That Could Drive Meme Coins Higher and Higher

TokenTalk Staff

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3 Trends That Could Drive Meme Coins Higher and Higher

Economic trends combine in surprising ways to boost meme coins.

Meme coins are having a moment again, and there’s reason to believe they’re not going to stop anytime soon. But the factors driving the market are entirely different from the coin mania of 2021, and any cryptocurrency bull market that develops will have a different character as a result.

If you want to invest in this space, it is your responsibility to understand the macro environment. So let’s look at three trends that define it.

1. Investors are hungry for risk right now

It is often rightly said that investments in cryptocurrencies are risky, even speculative. Meme Coins are even riskier and closer to speculation or outright gambling than slightly less volatile cryptocurrencies like Bitcoin (BTC -1.75%) or Solana (GROUND -4.71%). And right now, there is a preponderance of evidence to suggest that investors are hungry for opportunities to take financial risks at the extreme end of the risk spectrum, for example by purchasing a coin like Dogecoin, Floki, dog hatOr Shiba Inu.

Sports betting via smartphone apps is exploding, with TV and internet ads attracting more and more people. The American Gaming Association predicted that on this year’s March Madness event alone, Americans would bet more than $3 billion. Other sources suggest that commercial sports betting revenues increased more than 12-fold between 2019 and 2024, reaching a sum of over $10 billion per year as of 2023. The main financial properties of these bets are that they are extremely risky and that they are extremely risky. they can theoretically generate outsized returns.

Betting on short-term results in sports games is by definition a game of chance and not an investment. However, investors have also recently invested in risky technology stocks with already inflated securities. evaluationsas You’re here. And investors are also now turning to short-term options contracts, which are incredibly risky, yet offer the possibility of a significant reward compared to the initial investment.

Cryptocurrency investments offer another avenue for those seeking exposure to big risks in exchange for the possibility of big returns. As long as investors continue to crave risk, some of their capital will be directed toward meme coins, which offer similar risk and return characteristics.

But what drives this behavior, and will these factors persist? Now let’s look at two other trends that support this larger trend and make sure it doesn’t die out anytime soon.

2. Consumers have heavy and uncomfortable debts to repay

It is not a good financial decision to take on large amounts of debt. It is also not a good decision to take significant financial risks in an attempt to generate enough capital to repay such debts.

Unfortunately, on average, consumers have already fallen into the first trap, and now many people are falling into the second by throwing their money away. According to the New York Federal Reserve, household debt in the fourth quarter of 2023 totaled $17.5 trillion, up from just under $12 trillion a decade earlier. One of the main contributors to this sum is student loanswhich accounted for $1.6 trillion in the fourth quarter of last year, and which debtors are now forced to repay once again now that the federally mandated pause is over.

Many households are now actually feeling the burden of their student loans for the first time in several years. The painful pinch of that monthly payment coincides with the painful pinch of inflation in consumer goods, healthcare, services, transportation and housing.

What hope is there of repaying large debts held at relatively high levels? interest rate when a person’s other expenses increase sharply at the same time? Desperation breeds despair, which is why the masses turn to risky investments.

Of course, it is probably counterproductive to jump into the same corners without a proper plan and framework for successful, long-term investing.

But at the moment, positive change that would make it easier for people to manage their finances and pay off debt is not at all guaranteed. So expect to invest more in meme coins.

3. Real estate is unaffordable for many

Beyond being debt free, many people want to own their home rather than rent it. Due to a combination of low housing supply, high interest rates, inflated prices, and a handful of other factors, people earning the median income in the United States cannot afford to buy a house at the median price in the vast majority of regions. There is therefore a growing consensus that housing is more unaffordable than ever.

In other words, a very large segment of investors do not have enough capital or sufficient income to purchase a home, even using mortgage debt. They also do not have enough capital to purchase housing in cash. And that means the least risky, least volatile asset that would otherwise make up the majority of most investors’ net worth is out of reach.

There is very little reason to expect the real estate market situation to improve over the next five years. The wage increases that most workers experience on average will do little to improve their chances of securing housing, as house prices will almost certainly continue to rise at a slightly faster rate, as is the case. standard for over a year. decade. Look at this graph:

Tracking salary growth data by Y Charts

Other good places to park large sums of money, like stocks, may seem like an obvious alternative. But stocks don’t typically offer the potential to return life-changing money overnight — nor should they. Still, this is enough to drive investors further down the risk spectrum, toward meme coins and outright gambling.

Don’t make this mistake yourself. With good financial planning and continued efforts to allocate your capital effectively, it may eventually be possible to achieve some of your home buying goals. Instead, think about how to position your investments based on the fact that many other people will be looking for opportunities to take risks. Buying a coin on a channel that is a hotbed for coin trading, like Solana, is probably a good place to start.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Memecoins

It’s finish? Coins like Shiba Inu (SHIB) and DOGE Eye Dramatic Dominance Drop

TokenTalk Staff

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It's finish?  Coins like Shiba Inu (SHIB) and DOGE Eye Dramatic Dominance Drop

The SHIB and PEPE hype is over? Meme Coins Face Major Metric Downside Signals, CryptoQuant CEO

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Ki Young Ju, founder and CEO of CryptoQuant, highlighted an important change in the market. According to Ju, the dominance of meme coins in the altcoin market is diminishing, suggesting a shift from speculative play to a more fundamental approach reminiscent of earlier phases of the market.

This change could mark the end of the meme coin craze that has gripped investors in recent months.

Ju clarified that his bearish stance is specific to meme coins, and not Bitcoin. He remains bullish long-term on BTC, suggesting that while the hype around meme coins may fade, fundamental assets like Bitcoin continue to hold strong investment potential. This distinction is crucial, as it indicates a broader market sentiment that seeks intrinsic value rather than speculative ventures.

It can be argued that meme coins act as leverage plays on their parent chains. For example, tokens such as WIF and BONK are linked to Solana (SOL), while Shiba Inu (SHIB) and PEPE are linked to Ethereum (ETH). These assets often experience volatile price movements that reflect broader market trends, but with amplified effects.

However, capital flows into financial markets generally cause funds to move from less risky assets to more speculative assets. This cycle often leads to inflated valuations of meme coins, followed by large capital withdrawals, causing a market-wide downturn.

The decline in meme coin dominance may signal the maturation of the market, where investors are beginning to prioritize assets with strong fundamentals over high-risk, high-reward plays.

About the Author

Financial analyst, trader and crypto enthusiast.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master’s program in banking and asset management.

He wants to participate in covering economic and financial technology topics, as well as making more people aware of cryptocurrencies and blockchain.

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Memecoins

TURBO Price Analysis: Turbo Meme Coin is Poised to Make an Explosive Comeback

TokenTalk Staff

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TURBO Price Analysis: Turbo meme coin is rallying as appetite for meme coin returns. Meanwhile, with over $5m raised, eyes are on Sealana.

Take a look at TURBO price analysis and find out why Turbo meme coin is recovering as the appetite for meme coins returns to the market. Meanwhile, with over $5 million raised, all eyes are on Sealana – but what is it?

June was a mixed month for meme coins.

Although the total cap for these tokens reached over $60 billion at one point, the rapid contraction in the first half of June saw the cumulative valuation fall below $50 billion.

Some of the big losers include PEPE, Dogecoin and BOMÉ. They are down double digits in the last week of trading and will likely continue to bleed in the coming sessions.

TURBO Price Analysis: Why is Turbo Meme Coin Rallying? Up to +50% in less than a week!

While FLOKI and the rest are hammered, TURBO price is bucking the trend, impressively beating expectations at press time. Notably, after falling more than 60% from May highs, the token is now finding traction.

(TURBUSDT)

According to price charts, TURBO is up 50% from this week’s low and is on an upward trend, aligning with the trend established in the middle of Q2 2024. At this rate, bulls are delighted.

However, given the losses in this subsector, it remains to be seen whether TURBO will boost demand and rejuvenate interest in meme coins.

Therefore, this begs the question: Is it time to stock up on Sealana, a promising meme coin in Solana currently on pre-sale?

Before that, let’s see why TURBO was so successful.

TURBO stands out thanks to its frog mascot, TurboToad.

However, what’s cool about it is because of how this came about in the first place.

Its founder, Rhett “Dashwood” Mankind, an artist with no coding experience, used GPT-4 to design and ultimately create the token.

The unconventional method by which TURBO was created, alongside the attractive mascot, coupled with the success of the meme coins in the first half of 2024, appears to be price supercharging.

All eyes on Sealana: Viral SEAL presale raises over $5 million

As TURBO gains momentum, eyes are on Sealana in the current pre-sale which raised the impressive sum of 5 million dollars.

The meme coin features a chubby seal mascot, attracting the attention of investors who can relate to this digital seal.

In the final stage of this presale, SEAL is available for only $0.022. Anyone can buy it using SOL, ETH, USDC or USDT.

Investors are now turning their attention to Sealana, expecting strong price increases in the coming days.

This will be especially true once it launches on major exchanges like Binance.

Some analysts say there is a good chance that SEAL is close to surpassing top Solana coins like Dogwithcat and achieve a market capitalization of several billion dollars.

Sealana will participate in the thriving coin scene on Solana. However, it will offer a unique twist on the classic “Doge” meme.

Looking at this, hopes are high that SEAL will be the next coin to double before the next bull run.

BUY THE SEAL HERE

EXPLORE: New European guidelines intended to boost demand for euro-backed stablecoins, particularly Circle’s USDC

Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.



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Memecoins

A new memecoin on its way to eclipse top crypto players PEPE, SHIB

TokenTalk Staff

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New memecoin on route to overshadow top crypto players PEPE, SHIB

Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.

With the memecoin market expected to reach a market cap of $100 billion in 2024, adoption has increased and analysts believe that the new memecoin, Angry Pepe Fork, is poised to eclipse the top players.

With the meme coin market expected to reach a market cap of $100 billion in 2024, the adoption of meme coins has increased in recent months, driven by massive gatherings of top meme coins. Even then, finding the best memecoins to invest in is difficult due to market uncertainties.

Despite this, there are still prominent players in the memecoin space. After studying market trends, analysts believe that the new coin, Angry Pepe Fork, is poised to surpass top players like Pepe and Shiba Inu. What makes this new coin unique and why are analysts positive about it? Let’s find out below.

Angry Pepe Fork: rising player in the world of memecoins

Angry Pepe Fork has established itself as one of the world’s coin titans. Built on the Solana blockchain, Angry Pepe Fork aims to conquer all zombie memecoins and reign supreme. Thanks to its APORTK army, the ecosystem’s mission is to conquer all these zombie memecoins. The main feature of the platform is the Conquer to Earn model.

By using this model, the APORK army will earn a reward in the form of a stake. As more zombie memecoins are conquered, the APY increases. Notably, the staking option will be available for pre-sale. During this time, individuals can also earn money by demonstrating their power on the battlefield and becoming highly decorated members of the community.

The staking option in the ecosystem is determined by the lock period a user opts for. There are 30 days for those who want to get started, 60 days for seasoned activists already in the system and 90 days for veterans. The Angry Pepe Fork ecosystem is also in partnership talks to add more utilities.

Users can purchase the APORK token now in stage 1 of the presale for $0.014. Those who purchase now will receive a 10% bonus on all their purchases. Inasmuch as PORK token holder, users can get more tokens by winning more competitions on the ecosystem and through the staking model.

Analyst predicts Pepe price explosion coming soon

After seeing massive rallies over the past few months, Pepe’s rally appears to have slowed down. Market data from CoinMarketCap shows that Pepe price has fallen below the key $0.000014 support zone with a 17% price loss over the past week. Although the monthly price chart shows gains of 44%, Pepe’s trading volume is down as the token experiences more sales.

In this fall, there is hope. According to the best crypto analyst Crypto Rover, Pepe can still make 10x from the current price. Rover estimates that Pepe only has a market cap of $6 billion and that a market cap of $60 billion is realistic in a bull market. Although Pepe’s market sentiment is bearish and has only seen 13 green days in the past month, it remains one of the top memecoins to buy now ahead of the bull market.

Shiba Inu Expected to Rise Despite Current Market Volatility

Shiba Inu (SHIB) is currently experiencing a downward trend, which has become a source of concern for holders. Its current correctional phase has caused some investors to take a cautious approach towards this token. Based on CoinMarketCap data The Shiba Inu price fell by 8% over the past week, while falling below $0.000024.

Additionally, Shiba Inu’s market capitalization and trading volume have shown negative trends. However, Shiba Inu technical analysis shows that the token is currently trading above the 200-day SMA but still below the 50-day SMA. Although Shiba Inu market sentiment appears bearish, buying into this dip will be a smart move. Social media influencer Jerry chose SHIB among the best memecoins that are impossible to ignore.

To learn more, Buy Angry Pepe Fork Before Its Price Skyrockets.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.

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Memecoins

Trending Core Coins with 100x Return Potential – Best Picks for 2024

TokenTalk Staff

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Trending Base Meme Coins with 100x Returns Potential - Top Picks for 2024

Backed by Coinbase, Base has become one of the hottest and most popular blockchain networks of the year, especially for new coinsmaking it a preferred choice for many smart traders.

Today, we’ll review three core projects that experts consider must-buys with significant blowout potential.

Additionally, we will look at a fourth bonus project with the greatest upside potential, called Dawgz Base. Make sure you stick around for that one.

Brett (BRETT)

Brett (BRETT) is currently the leading and largest coin on the base chain, and experts believe that it has a bright future. Brett’s website describes this meme piece as “Pepe’s best friend on base.” Both Brett and Pepe feature in Matt Furie’s Boy’s Club comic strip.

The initiative features Brett as the face of the Base network, with a growing community of traders. Brett’s Telegram group has over 24,000 subscribers. There are a total of 10 billion BRETT tokens in circulation.

Brett’s market cap is just $1.5 billion after rising almost 5% today. Currently, Brett is trading around $0.1553, which is 20.28% below its all-time high.

Several Tier 1 crypto exchanges are boosting Brett by rushing to list the meme coin on their platforms. Recently, Kraken and Woo listed BRETT perpetual contracts on their derivatives exchanges, and Woo also launched the meme coin on its spot market.

Given its status as a leading core meme token, experts believe other crypto exchanges such as OKX, Binance, and Coinbase could also come on board. Therefore, Brett is a wise option for those looking to further engage with Base Chain meme tokens.

Because Brett is the most well-known Base Meme Coin, it has the greatest potential to become a billion-dollar entity. However, its growth potential is significantly lower than that of small-cap initiatives. Pepe is likely to reach new highs in July, so it would not be surprising if Brett also hits the $0.20 mark by next month.

Toshi (TOSHI)

Next comes Toshi, a project that stands out for its striking illustrations and comprehensive range of features. Toshi (TOSHI) is an undervalued cryptocurrency and one of the original basechain meme coins, launched in August 2023.

Similar to Brett, Toshi asserts himself as the embodiment of Base. It functions as a meme coin token offering various benefits to its holders, including a multi-sender utility facilitating easy distribution of new tokens via airdrops.

Additionally, it provides tools to launch new meme initiatives, allowing founders to lock up their tokens and secure initial liquidity pools. Other potential applications include decentralized trading tools and a launchpad for new projects. CoinMarketCap initially listed Toshi at $0.00003567.

Since its inception, Toshi has seen a notable increase in value, currently trading at a premium of over 700%, which translates to a market capitalization of just over $100 million.

Despite a recent 19% decline over the past week, Toshi demonstrated a 3% rise last month and an impressive 700% growth over the past year. Positioned approximately 63% below its all-time high, Toshi presents significant growth potential.

The project’s DAO structure ensures that the community’s interests come first, providing a level of security and engagement that attracts many investors.

Perch piece (ROOST)

Third, let’s talk about Roost, a project that has encountered its fair share of controversies, most notably regarding a contract modification involving the transfer of liquidity from an old contract to a new one. Despite these challenges, Roost remains a resilient project, notably buoyed by the support of Andrew Tate on various platforms.

Roost has a community of over 85,000 token holders, indicating strong support. Although contract issues carry risks, the project’s high visibility and strong support suggest its sustainability.

Recently, ROOST introduced staking. A few days ago, the ROOST team announced on X that staking is now live, allowing users to stake their coins without a lock-up period and claim rewards daily.

At the time of writing, Roost Coin price fell 5% over the past 24 hours, trading at $0.0187, accompanied by a 20% increase in trading volume to reach over of $500,000. However, over the past month, the price of ROOST has more than doubled, leading to a market capitalization of $18 million.

Current chart patterns indicate that Roost Coin price is poised for a significant bullish rally, driven by bullish momentum from a bullish pennant formation, aiming to surpass its previous high of $0.079. With increasing momentum, the price is expected to reach a new high around $0.098.

Basis Dawgz (DAWGZ)

Dawgz Base (DAWGZ), the latest meme coin on the base chain, managed to raise over $1.8 million in its initial coin offering (ICO). Reaching this milestone in just over two weeks has caught the attention of crypto influencers and deep-pocketed coin investors.

Base Dawgz Presale Raises Nearly $2 Million

The official website highlights several benefits of Base Dawgz, including its potential to unify blockchains as a multi-chain asset. Unlike BRETT, which only works on a single chain, $DAWGZ uses Wormhole and Portal Bridge technology, enabling interaction between Ethereum, Solana, Avalanche and BNB Chain.

Being multi-chain makes Base Dawgz a flexible cryptocurrency, expanding its reach and potentially bringing together diverse meme coin communities. The project has also generated enthusiasm thanks to its innovative share-to-win system.

Investors who purchase $DAWGZ can link their social media accounts to the Base Dawgz presale platform and earn points by sharing content from the Dawgz X Basic Account. These points can be exchanged for $DAWGZ tokens via an airdrop at the end of the ICO.

Additionally, Base Dawgz plans to launch a staking protocol on Ethereum soon, offering investors the opportunity to stake their tokens and earn passive income. Potential investors can consult our guide at how to buy Base Dawgz tokens here.

Additionally, the development team has proactively addressed common concerns associated with new meme coins. For example, the smart contract token was audited by Solid Proof, which revealed no vulnerabilities or centralization risks.

Investors interested in Base Dawgz can contact the development team via email or via Telegram for more information. To participate in the $DAWGZ token presale, visit basedawgz.com.

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