Memecoins

A Meme-Coin to Watch on Base Chain

Published

5 months ago

1 July, 2024

DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / July 1, 2024 / The cryptocurrency market is constantly evolving, with new projects and tokens emerging to capture the interest of investors and enthusiasts. One such project that has recently gained attention is the meme-coin $SNORT, built on the Base Chain. Despite the market decline, $SNORT has shown resilience and growth, making it a leading player in the meme-coin sector. Here’s a detailed look at $SNORT’s journey, its unique features, and what makes it stand out in the crypto space.

SNORT stock performance

Launched just two months ago, the $SNORT token has already shown promising signs. Initially set at a floor of around 4 million market cap, the $SNORT token has managed to maintain this level despite the overall market downturn. According to the latest updates, the $SNORT token has a market cap of around 4.3 million, with liquidity of over $740,000 and a growing number of holders now exceeding 5,000. This growth is notable considering that the token had 3,600 holders just eight days ago.

The consistent market cap and growing holder base indicate strong community and investor confidence in $SNORT. The project has also managed to recover quickly from minor dips, demonstrating its stability and potential for future growth.

Token Inventory and Burning Management

In a strategic move to increase scarcity and value, $SNORT burned 10% of its overall token supply. This burning mechanism is designed to reduce the circulating supply, potentially increasing the value of the remaining tokens. Token burning is a common practice in the cryptocurrency space to incentivize holding and stabilize the market.

Introducing Snort Plug Bot

One of the most exciting developments of $SNORT is the introduction of the Snort Plug Bot. This innovative utility rewards users for their engagement and activity on social media, especially Twitter. Here’s how it works:

Engagement Rewards:Users earn $SNORT tokens by participating in Twitter Raids, using the $SNORT hashtag, and interacting with the community through tweets, replies, and quote tweets.
Reward Reserve:Each campaign has a predetermined reward pool and a specific number of winners. The more a user engages, the higher their chances of winning a share of the pool.
Claiming Rewards:Winners can claim their tokens directly on Telegram, although it is advisable to use a new wallet to avoid potential scams.

The Snort Plug Bot not only encourages community engagement, but also promotes $SNORT on social media platforms, potentially attracting new investors and holders.

Upcoming Collaborations and Releases

Collaboration with YouTube Superstar

$SNORT has announced a collaboration with a YouTube superstar that will kick off in July. The partnership is expected to provide $SNORT with a significant exposure, leveraging the influencer’s massive audience to increase awareness and attract new investors. The collaboration is expected to include various promotional activities, high-quality fun content, and interactive events to engage audiences.

Crypto Game “Snort on the Run” Released

In addition to its growing ecosystem, $SNORT is set to release a new crypto game called “Snort on the Run.” The game promises to provide an entertaining and engaging experience for players by integrating $SNORT tokens into the gameplay. Players will be able to earn and use $SNORT tokens in-game, creating a fun and immersive way to interact with cryptocurrency. The release of “Snort on the Run” is expected to further enhance the utility and appeal of $SNORT.

Interesting gifts for $SNORT buyers

To further encourage community participation and celebrate milestones, $SNORT has announced several exciting giveaways tied to market cap achievements. These giveaways will be available exclusively to $SNORT token buyers:

$10 million market cap:$5,000 worth of $SNORT tokens will be awarded to lucky buyers.
$20 million market cap:Rolex watches will be awarded to selected buyers within the community.
$50 million market cap:A Cybertruck will be given away to one lucky buyer, marking a milestone for the $SNORT project.

These giveaways are designed to reward loyal holders and attract new investors, creating additional buzz and excitement around the project.

Utility and ecosystem

Beyond social media engagement and gaming, $SNORT is looking to expand its utility within the basechain ecosystem. The Snort Plug Bot will be available for white-label use by other projects on the basechain for a small fee. This move could generate additional revenue for $SNORT and strengthen its presence within the ecosystem.

Market potential and future prospects

With its unique features, strategic collaborations, and strong community support, $SNORT is well-positioned for future success. The project has already been listed on major centralized exchanges such as MEXC, BitMart, and HitBit, in addition to being available on decentralized exchanges like Uniswap.

Additionally, $SNORT’s participation in Onchain Summer, a major event for the Base Chain, could further boost its visibility and adoption. Onchain Summer is expected to attract around 70 million new users, providing a substantial opportunity for $SNORT to gain traction.

To further boost its appeal, $SNORT also launched a free NFT and announced a $5,000 grant to support the development of decentralized applications (dApps) on its platform. These initiatives aim to foster innovation and expand the utility of $SNORT, making it more attractive to developers and users.

Conclusion

$SNORT is emerging as a serious contender in the meme coin space, thanks to its innovative approach, community engagement strategies, and strong market performance. As the Base Chain ecosystem continues to grow, $SNORT’s potential for significant gains becomes more apparent. Investors and crypto enthusiasts should keep an eye on this project as it continues to grow and expand its reach.

Whether you already hold $SNORT or are considering adding it to your portfolio, the project’s unique features and growth trajectory make it a promising investment in the evolving world of meme coins.

Further information

BaseChain Network Information

PR Contact:
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SOURCE: SNIFF

Fuente

Memecoins

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

Published

4 months ago

1 August, 2024

TokenTalk Staff

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

Disclaimer

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Fuente

Memecoins

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

Published

4 months ago

1 August, 2024

TokenTalk Staff

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

Fuente

Memecoins

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

Published

4 months ago

1 August, 2024

TokenTalk Staff

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.

Fuente

Memecoins

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

Published

4 months ago

1 August, 2024

TokenTalk Staff

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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