Memecoins
GameStop Meme Coin Explodes Over 220% in 24 Hours as WienerAI Presale Raises $4 Million
Meme coin season is in full swing.
The GameStop (GME) token, nicknamed after the famous meme stock of the same name, has exploded more than 220% in the last 24 hours.
But GME isn’t the only one making jokes: the hilarious WienerAI (WAI) project managed to raise over $4 million in funding during its much-discussed pre-sale event.
GameStop token soars after Roaring Kitty Reddit post
Those who slept on the GameStop token over the past day have been seriously missed.
This utility-free coin has gone viral, now changing hands at around $0.0124 after being valued at just $0.0037 yesterday.
Spot volumes have gone equally parabolic – up 1,300% to $278 million at the time of writing.
All this manic buying pressure has propelled the GameStop token to the third position on CoinMarketCap. trending cryptos list.
It also became the eighth most traded coin on all exchanges almost overnight.
But what exactly sparked this speculative frenzy?
Unsurprisingly, it’s Keith Gill, also known as Roaring Kitty on Twitter.
Gil resurfaced on Reddit to display his massive GME options positions worth nearly $180 million.
This message alone was enough to send both the GameStop coin and the stock itself skyrocketing.
GME shares are now at $40.26, a 73% increase from Friday’s close of $23.14.
GME Token Rally Elevates the Entire Coin Sector Meme
But the madness didn’t stop with just the GameStop token: it collected almost all meme coins over the past day.
Coin heavyweights including PEPE and DOGE joined the party, posting gains of 2%.
FLOKI, another established coin, has performed even better, seeing its price increase by 10% since yesterday.
The biggest winners, however, have been some of the more specialized offerings.
POPCAT, which represents the iconic Internet meme Pop Cat, jumped more than 14% to $0.449.
And TOSHI, paying homage to the beloved video game dog, exploded 34% as trading volumes increased.
In total, the overall market capitalization of meme coins exceeded $64 billion in this latest frenzy, while 24-hour trading volumes soared 37% to $7.4 billion.
These are staggering numbers for an industry primarily dominated by speculation.
Clearly, the influence of “meme lords” like Keith Gill still holds immense sway in this area of the crypto market.
AI-Powered Meme Coin WienerAI Takes Advantage of Market Euphoria, Raises $4 Million in Presale
Also benefiting from the meme coin euphoria is a new token with an outrageous name (and premise).
The token in question is WienerAIwhich just surpassed $4 million in pre-sale funds.
WienerAI’s native WAI token is a hot commodity among coin investors, given that it is currently priced at $0.000713.
The next pre-sale stage is expected to begin (and increase the price) in less than 24 hours.
Some investors have been clamoring to get involved in the pre-sale since WienerAI represents more than just a useless coin.
Of course, the sausage dog aesthetic comes straight from the playbook of viral internet memes.
Yet WienerAI also promises AI-powered crypto trading bot capabilities.
This “AI assistant” can scan the market 24/7, identify potential trading opportunities based on predictive analysis, and execute these trades across numerous DEXs.
Trades are executed with no fees and protection against state-of-the-art MEV bots.
It’s like having an expert sales assistant with a meme-inspired design.
As if that wasn’t enough, the WienerAI team also offers a staking app for WAI holders, which currently yields 261% per year.
Big names like ClayBro have suggested that WAI could be “the next 10x coin.”
Only time will tell if WAI fulfills ClayBro’s bold prediction.
Disclaimer: The article above is sponsored content; it’s written by a third party. CryptoPotato does not endorse or assume any responsibility for the content, advertising, products, quality, accuracy or other materials on this page. Nothing in this material should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before committing to any business or project mentioned and to do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to seek professional advice before making any decisions based or not on the sponsored content above.
Readers are also advised to read CryptoPotato’s full disclaimer.
SPECIAL OFFER (Sponsored)
Free Binance $600 (CryptoPotato Exclusive): Use this link to create a new account and receive an exclusive $600 welcome offer on Binance (all the details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 Welcome Reward, use this link to register and open a position of 100 USDT-M for free!
Memecoins
Memecoins dominate major derivatives in terms of open interest | Flash News Detail
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.
Memecoins
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:
Memecoins
Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further
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
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.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
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.
Generated image: DALLE3
-
Videos7 months ago
Money is broke!! The truth about our financial system!
-
News6 months ago
More Crypto AI Alliances Emerge Following $7.5 Billion Token Merger — TradingView News
-
News6 months ago
Over 1 million new tokens launched since April
-
Altcoins6 months ago
Render vs. Theta; Which DePIN Altcoin to buy in May
-
NFTs7 months ago
Surprisingly, Bored Apes is now laying off employees as the NFT market disintegrates
-
Videos6 months ago
Fantom: Potential FTM Price and BIG Updates – The Latest!!
-
Videos6 months ago
Recession soon?? What this means for you and your wallet!!
-
Memecoins6 months ago
ChatGPT Analytics That Will Work Better in 2024
-
NFTs7 months ago
Trump endorses Bible line – after selling shoes, NFTs and more
-
Videos6 months ago
Crypto News: ETH ETFs, Pro-Crypto Politics, UNI, DOGE & MORE!
-
Memecoins6 months ago
When memecoins reign supreme in the ecosystem!
-
NFTs6 months ago
Solana NFTs jump 30% in 24 hours: what’s behind the increase?