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Toncoin demand drops, new memecoin trend

TokenTalk Staff

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Cardano’s Chang Fork update: Toncoin demand drops, new memecoin trending

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

The global crypto market cap stands at $2.54 billion with the growth of Cardano, Toncoin and emerging memecoin Raboo. Raboo is gaining ground with more than 8,000 presale users.

The global cryptocurrency market capitalization increased by $10 million and now stands at $2.54 trillion. Several major cryptocurrencies have played a role in this, including Cardano and Toncoin.

Another contributor is the new memecoin, Raboo. The project quickly became popular in the market due to its exciting features and promising opportunities. Although it is still in pre-sale, Raboo has over 8,000 registered users and over 2,500 token holders. Learn more about the new project.

Experts Advise Investors to Buy Cardano Ahead of Chang Fork

In early April, Charles Hoskinson, co-founder of the Cardano network, revealed an update on the highly anticipated Chang for the Cardano network in an article published on X. This upgrade is expected to take place in June 2024 and promises to be the largest yet. The last one happened in 2022.

The Chang Update is the first hard fork of Cardano’s roadmap since the Voltaire era. It intends to provide community governance to the Cardano ecosystem. When the Chang upgrade is implemented, ADA holders will be able to use their tokens on proposals, which will be a big step towards complete decentralization of the network.

According to expert analysis, investors can take advantage of this crucial upgrade to witness a notable rise in the altcoin. Although Cardano price is currently red, trading at $0.413. Experts advise investors to consider acquiring enough Cardano tokens in order to potentially witness a positive rally that will be triggered by the upgrade, scheduled for the end of June.

Toncoin tokens fall despite reaching ATH

Toncoin price hit a new all-time high (ATH) today, starting June strong with an 8.6% increase. The Telegram-based asset closed above $6.8 for the first time in three weeks thanks to this tremendous increase.

Until June 14, when Toncoin reached a new all-time high of $8.12, TON maintained its upward trajectory. This amount exceeded the previous all-time high (ATH), reached on June 7 at $7.53. Even though significant declines took place in the days that followed, Toncoin ended up increasing by 16.88% over the last 30 days.

In contrast, during the week, Toncoin’s on-balance volume (OBV) generally declined. It went from 155.3 million to 127.8 million tokens. Toncoin is currently trading at $7.85 with an increase of 5.30% in the last 24 hours.

Raboo pre-sales soar, attracting more investors

Raboo is one of the best altcoins to buy this year. This unique meme currency initiative uses AI and creative technology to transform the $62 billion meme market. Raboo moved from stage 1 to stage 4 of its presale, seeing a 60% gain, going from $0.003 to $0.0048. This has attracted the attention of other investors, including Ethereum holders, who now recognize the token’s potential to grow the Ethereum network.

Since Raboo uses both Web2 and Web3 technologies, it sets a new benchmark for meme quality and ensures that only the best memes succeed on the platform. This makes Raboo unique.

Apart from its uniqueness, Raboo’s roadmap charts a clear path for its continued growth in the meme industry. Raboo focuses on building the team in the first phase, bringing together a group of highly skilled and committed developers to ensure the stability and robustness of the project on the blockchain.

Conclusion

It is evident that the much-anticipated Cardano Chang upgrade, which is expected to bring community-focused governance, and the remarkable 60% increase in the value of the new memecoin Raboo (RABT) during its presale are two of the events keys which will cause great consequences. enthusiasm in the industry in the second quarter of 2024. Investors can consider buying Raboo and prepare to make profits once it launches.

For more information, visit Raboo pre-sale site or join online communities at X And Telegram.

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

Memecoins dominate major derivatives in terms of open interest | Flash News Detail

TokenTalk Staff

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Bitcoin Dominance May Have Peaked, Ethereum ETF Could Trigger Altcoin Momentum

Disclaimer

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

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Memecoins

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings

TokenTalk Staff

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Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don't miss the winnings

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.

For more information on the Mpeppe presale (MPEPE):

Visit Mpeppe (MPEPE)

Join us and become a member of the community:

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

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Memecoins

Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further

TokenTalk Staff

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Solana climbs 4% on the back of rising Meme Coins and Alts

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.

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Memecoins

Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD

TokenTalk Staff

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Trader Says Bitcoin's Path to $100,000 Is 'Currently Programmed', Updates Outlook on Memecoin That's Up Over 18,000% YTD

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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