News
GME Token Outperforms Stocks, 15 Billion FLOKI Burned, SHIB Could Reach $1 in 15 Years
Last Updated: May 20, 2024 11:07am EDT | 4 minute read
Get your weekly digest of meme coin news.
This week read about:
- Meme Coin News: Market Highlights
- GameStop Meme Coin (GME) Outperforms Stock
- FLOKI DAO Votes “Yes” to Burn 15.25 Billion Coins
- Shina Inu could reach $1 by 2050
__________
Meme Coin News: Market Highlights
The global cryptocurrency market capitalization saw a decline of 0.4% over the past day to $2.54 trillion.
GME it is the best performing meme coin in the last 24 hours and is discussed in more detail below.
Next in line is OMIKAMIup 41% to $0.02407.
Many other meme coins are in green.
On the other hand, WHO PROSPERS he got the worst of it. It is down 17% at $0.03416.
Performed by JESUS, PIG, ANDYAND OMNOMall with double-digit reductions.
When it comes to the top 10 meme coins by market cap, two have seen their prices increase.
Source: cryptonews.com/coins/meme-coins/
Dogwifhat (WIF) is up nearly 5%, trading at $2.68.
At the same time, PEPPER appreciated 1.3% to $0.00001.
BONK recorded the largest decline in this category. It is down 6.2%, currently changing hands at $0.00003.
TokenFi (TOKEN) is next among the red coins, having lost 5% to $0.10627.
The remaining coins are decreasing Coq Inu (COQ). 0.78% e Memecoin (MEME). 3.9%.
GameStop Meme Coin (GME) Outperforms Stock
In this week’s meme coin news, the GME The token has recently emerged from dormancy, recording significant gains in recent days.
In the last 24 hours alone, it has appreciated by 42%, changing hands at $0.007012.
Furthermore, in the last seven days, it has seen a massive increase of 187%.
At the time of writing, it is the best performing coin in the 24-hour category.
Only in the 7 day category OMIKAMI AND PONKE get over it.
The sudden jump in the coin can be clearly seen on the 1-month chart, as shown below.
Source: CoinGecko
Despite its sideways trend over the past two months or so, the coin rallied sharply on May 12.
It rose 2.107% the next day and 3.865% by May 14.
Just a day later, it reached its all-time high of $0.02167, losing 67% since then.
AS reportedThe Ethereum-based token has seen a resurgence following traders’ return to Twitter Roaring kittenknown for unleashing the (in)famous GameStop frenzy in the first place.
This post has been viewed more than 27.5 million times so far.
— Roaring Kitty (@TheRoaringKitty) May 13, 2024
Furthermore, the latest wave has unsurprisingly prompted the creation of more GME-denominated coins.
As for GME stock, it went from $17.46 to $48.75 by May 14, an increase of 179.2%.
It is up 122% in the last month and down 15.55% in the last five days.
Source: Google
Over the past day, it has fallen nearly 20% to $22.21.
This shows that the meme coin has far outperformed the stock.
FLOKI DAO Votes “Yes” to Burn 15.25 Billion Coins
FLOKI announced on Wednesday that the Decentralized Autonomous Organization (DAO) had voted in favor of burning nearly 15.25 billion FLOKI tokens, which are currently worth just under $3 million.
Notably, the decision was reached almost unanimously.
The coins will be burned this week.
IT’S OFFICIAL: FLOKI DAO PASSES THE VOTE TO BURN 15,246,000,000 FLOKI TOKENS
THE #Floki DAO voted in favor of burning 15,246,000,000 $FLOKI token, with an overwhelming majority of 99.84% voting in favor of burn.
In line with the Floki DAO’s decision, the tokens will be… https://t.co/zrnytjJ6N2 pic.twitter.com/TGRA8hzVj4
— FLOKI (@RealFlokiInu) May 15, 2024
The proposal it went live on May 13th.
He noted that the DAO has held three key burn-related votes so far.
“In each of these cases, the Floki DAO decision was executed quickly, making it clear that Floki is a fully decentralized cryptocurrency and that Floki DAO ultimately determines the direction of the project.” She said.
One of the votes focused on burning excess tokens recovered from the blacklisted wallet in July 2022.
Some of the affected wallets did not send the tokens before the deadline. However, one of them recently sent more than 15 billion FLOKI (currently worth over $2.8 million), asking for “a small incentive in return.”
The proposal suggested giving the affected wallet 1% of the returned tokens (154,000,000 tokens), hoping to incentivize other interested wallets to send the excess tokens currently in their possession.
Excess tokens not returned should be considered burned and inaccessible, the proposal reads. Blacklisted wallets can’t do anything about it except send them to the Floki multisig.
FLOKI has fallen by 1.5% over the past 24 hours, and is currently trading at $0.000196.
However, it has appreciated by almost 14% in the past week.
Meanwhile, FLOKI recently announced that it has nearly half a million followers on its CoinMarketCap community page.
#Floki has just surpassed 400,000 followers on its community page on @CoinMarketCap!
This is a truly impressive and moving result $FLOKI closer to its goal of becoming the best known and most used cryptocurrency in the world.https://t.co/ldzsSilgdZ pic.twitter.com/i0QlYi0Xwd
— FLOKI (@RealFlokiInu) May 18, 2024
In particular, Revolutionary Affairs FLOKI recently listedallowing European trading accounts to invest in the asset.
Shina Inu could reach $1 by 2050
In other meme coin news, by 2050, SHIB could be worth $1. This would be an excellent development for long-term big bag holders.
To reach this conclusion, meteorologist Telegaon they analyzed factors such as market trends, investor sentiment, trading volume, technological developments and external influences, he said.
For According to analysts’ forecasts, the maximum price of SHIB this year could reach $0.0000601.
In 2025, this price could rise to $0.0000728. At the end of this decade, we could see the token reach $0.000712.
Over the next few years, it may lose some of these leading zeros.
Five years later, we are looking at a possibility of $0.00216, followed by $0.089 in 2040 and $1.06 in 2050.
The average price by 2050 could reach $0.89 and as low as $0.62.
Source: Telegaon
Currently the 12th largest coin by market capitalization, SHIB is trading at $0.00002396.
It fell 0.3% in a day and increased 0.5% in a week.
Over the past year, the price of the coin has increased by 175%.
It reached its all-time high of $0.00008616 in October 2021. SHIB has fallen 72% since then.
The currency, however, has grown by as much as 42,564,577.6% compared to the historic low recorded in November 2020.
News
Top 5 Crypto Pre-Sales for August 2024
Have you heard about cryptocurrencies in 2011? Was Bitcoin so popular back then? Well, yes, some forward-thinking people saw its potential early and invested in BTC back then. Investors were skeptical about this new financial element; however, many took the risk and invested what they could risk in the cryptocurrency market.
Going through the list of top presales, we have identified and studied five of the main candidates that can change the game on the trading charts. These new opportunities promise the best returns and a great chance to buy tokens at affordable prices. While 5thScape is at the top of our recommendation, projects like DarkLume and Artemis Coin are pioneers in their respective categories.
Top 5 Crypto Pre-Sales to Add to Your Watchlist in 2024
Below we present the top five cryptocurrency pre-sales that you should consider adding to your investment watchlist.
- 5th Landscape (5SCAPE) – King of digital VR gaming with AR/VR elements
- Dark light (DLUME) – Virtual Metaverse for Social Exploration
- SpacePay (SPY) – Versatile Financial Payment Gateway for Seamless Transactions
- EarthMeta (EMT) – Replicating our planet on a virtual platform
- Artemis Coin (ARTMS) – NFT Marketplace for Digital Real Estate Investment
In-Depth Review: The Best Crypto Pre-Sales of 2024
Now, let’s take a closer look at these pre-sale events and how they can help investors make significant profits this year.
5th Landscape (5SCAPE)
The 5thScape project combines emerging technology using the fundamentals of virtual and augmented reality on the Ethereum platform using its native currency as 5SCAPE. Users of the token experience increased security and interactive gameplay in the digital space.
Here are the potential reasons why investors are admiring the 5thScape ecosystem:
Immersive Gameplay: With over five game titles, the platform is ready to amaze the audience with games ranging from archery, sports, battle and high-speed racing.
Innovative VR Content: 5thScape’s progress in the crypto-gaming space will contribute to the development of educational resources and other VR content on the website.
Motion Control Gadgets: This project is working hard to introduce VR devices such as headsets and gaming chairs with precise controls and high-resolution soundscapes to achieve the best immersive feeling while exploring the ecosystem.
Practical utility: 5SCAPE tokens stimulate participation in various activities and convert the ecosystem into economic value for investors.
Staking Opportunities: Acquiring 5SCAPE tokens after listing on exchanges can generate higher earnings
Free Giveaways and Prizes: The distribution of free coins and VR subscriptions attract investors.
Visit 5thScape for more details>>
Dark Light (DLUME)
We just saw how 5thScape captures investors with its AR/VR digital landscape. DarkLume works on similar VR principles but has a completely new VR metaverse. Its presale is about to hit the $1 million mark and simultaneously increase fund inflows.
What are the specifics that allow DarkLume to lead the metaverse industry?
Native currency: The project has DLUME as a digital currency that can be used for in-game purchases or upgrades. These utility tokens also give their holders the right to vote on the development and expansion of the project.
Benefits of staking: Investors who want to hold and earn from this currency expect to multiply their funds after the stock market listing.
Exploratory Metaverse: Once you enter this world, there is no turning back. There are so many opportunities to find recreational activities and relieve stress. Walking through lush landscapes and stargazing at night can be a memorable experience. If you are a party animal, DarkLume’s virtual discos and clubs will win you over.
Visit DarkLume for more details>>
Payment for space (SPY)
Traditional financial setups face many challenges in daily transactions and are also expensive. To solve these concerns, Maxwell Bunting founded SpacePay by combining cryptocurrency payments and blockchain technology. The London-based startup makes online shopping and payments more seamless by integrating its network with existing card terminals, allowing users to make payments in any digital currency. Merchants can choose to receive payments in conventional currency without having to pay exorbitantly.
SpacePay has designed a user-friendly and convenient interface that supports over 325 crypto wallets. SPY, the native token of this platform, serves to enable all transactions within its ecosystem. Tokens can also be used to generate passive income through staking and additional community rewards.
EarthMeta (EMT)
EarthMeta is a virtual metaverse created to replicate our planet, Earth. It is listed as one of the best crypto pre-sales of 2024, with a focus on creating new NFT platforms and virtual assets in premium cities. The startup encourages users to own and govern virtual landscapes.
Cities are then further broken down into smaller assets such as landmarks, buildings, monuments, parks, schools, and more. NFTs can now be bought and sold in the project’s marketplace. Governors are eligible to earn 1% fees per transaction within their city. EMT token holders can also generate more at once with custom API integrations and participation in DAO activities.
Artemis (ARTMS)
Today we have covered a number of financial projects that you can consider along with 5thScape, the most promising VR coins of the decade. Artemis (ARTMS) is a financial platform that allows investors to transact and trade using its digital asset, ARTMS. Users can also lend, borrow, stake, save, and generate rewards from yield farming.
The project is about to enter Phase 4 of development which will see the launch of the Artemis Crypto System. This system is customized to facilitate a large number of secure and transparent crypto transactions. Cryptocurrency enthusiasts and professional entities can buy and sell products such as smartphones, bicycles and internet services using crypto payments. Early investors have great advantages until the project is available at a discounted price in the pre-sale.
Read this before investing in the next cryptocurrency market
Experienced investors know the factors to consider before investing in this dynamic market. Here are some points that beginners should remember before securing a position in the cryptocurrency universe.
- It is essential to verify the project details and the founders.
- Read and understand the whitepaper for all the technical information about the ICO, the roadmap and the mission of the project.
- The project roadmap will provide greater clarity on milestones and results achieved.
- Review the fundamentals of the new technologies involved in the development of the platform.
- Before investing in any cryptocurrency, carefully evaluate the benefits and risks to avoid losses and build a profitable portfolio.
Conclusion
5thScape ICO Offers Tokens at Deeply Discounted Prices. Once the presale is over, the token price will skyrocket 434% from the first round and promise 600x returns to early investors. Who wouldn’t want to be part of an innovative and growing VR ecosystem? Check your details, review all the documents and start investing in 5thScape now.
Time flies, and so does the $100,000 prize.
News
Best Upcoming Cryptocurrencies for Long-Term Profits: Turn $100 Into $1000 With These Picks
Have you ever wondered how much return Bitcoin has given to investors who bought this gold cryptocurrency a decade ago? In 2014, Bitcoin reached its significant milestone of $1,000 in the first month. Currently, it is trading at around $64k, which is an astonishing 6300% increase in the span of 10 years. No stock, no ETF could ever give you such monumental returns. This simply proves that the cryptocurrency market turns your dreams of investment returns into reality.
While the established giants are not giving so much returns now, the ball is in the court of upcoming cryptocurrencies that are based on the development of projects to provide up to 1000x returns in the near future. In this article, we will explore 5 upcoming cryptocurrencies for long-term earnings that can turn your $100 into $1000 – the only key is strategic investing with a lot of patience!
Best Upcoming Cryptocurrencies For Long Term Profits
Below we list the top 5 cryptocurrencies for long-term gains, which are set to give you returns of up to 1000 times in the coming times.
- 5th Landscape (5LANDSCAPE)
- Dark light (DISGUST)
- BlockDAG (BDAG)
- eTukTuk (TUK)
- WienerAI (WAI)
Take a deeper look at the background of these 5 upcoming cryptocurrencies for long-term gains and see why they could be viable options for your cryptocurrency portfolio.
1. 5° Landscape (5SCAPE)
5thScape is changing the face of entertainment by merging augmented and virtual reality with blockchain technology, offering a VR content ecosystem unlike any other destination on the internet. Its native token, 5SCAPE, is the cornerstone of this innovative ecosystem. With a limited supply of 5.21 billion tokens, 5SCAPE offers early investors a unique opportunity to participate in the growth of a potentially transformative platform.
Combining the immersive experiences of VR technology with a cryptocurrency that has a real-world use case, 5thScape presents a compelling investment proposition. The project’s focus on providing unparalleled user experiences, coupled with its potential to generate substantial returns, makes 5SCAPE an ideal new cryptocurrency to have in your portfolio for long-term gains.
Click here to invest in 5thScape today >>
2. DarkLume (DLUME)
DarkLume is a meticulously crafted metaverse where users can experience a lavish digital lifestyle. At its core is the DLUME token, the currency that powers this virtual economy. By owning DLUME, users gain access to exclusive experiences, from owning virtual properties to attending high-society events and hosting virtual celebrations with their friends.
The metaverse is divided into virtual countries, each with its own citizenship requirements. To become a citizen, users must possess a specific amount of DLUME. Maintaining citizenship involves paying taxes in DLUME and creating a sense of community and responsibility among users.
Unlike other metaverse platforms that are limited to digital interactions only, DarkLume offers a wide range of activities, from leisure and entertainment to social interactions and exciting experiences. The platform’s focus on luxury ensures that every aspect of the metaverse is designed to exceed expectations. As DarkLume continues to grow, its DLUME token is expected to be in high demand. The metaverse concept is supported by renowned names such as Mark Zuckerberg and Satya Nadella. As it is the future of immersive socialization, the DLUME token is expected to appreciate in value over time.
Explore DarkLume’s website to learn more
3. BlockDAG (BDAG)
BlockDAG is an innovative blockchain platform that uses a Directed Acyclic Graph (DAG) structure together with blockchain technology to offer fast transaction speeds, lower fees, and better scalability.
Unlike traditional blockchains that process transactions sequentially, BlockDAG processes them in parallel, which allows it to handle a much higher transaction volume. This approach makes BlockDAG an ideal platform for applications that require high throughput and low latency, such as DeFi, gaming, and IoT. Its presale has been a great success so far, and BlockDAG’s adaptability may be an optimistic sign for early investors in the BDAG token.
4. eTukTuk (TUK)
eTukTuk is a new leading crypto project that combines sustainable transportation with blockchain technology. Its main goal is to electrify the famous “tuk-tuk” industry, reducing carbon emissions that cause environmental damage while creating a thriving ecosystem. Its TUK token powers the entire platform.
One of the most notable features of eTukTuk is its Play-to-Earn (P2E) gameplay. Players can earn TUK tokens by completing challenges and missions in the game. This gamified approach not only makes the platform engaging but also incentivizes user participation in building the eTukTuk ecosystem. The primary utility of the TUK token is as a mode of payment for tuk-tuk drivers who use EV charging stations for their vehicles installed across Sri Lanka. The project will soon expand to other countries.
Overall, the value proposition of the TUK crypto token is strengthened by its utility within the platform. It can be used to purchase electric tuk-tuks, charge them at the network’s charging stations, and access various platform services. As eTukTuk adoption grows, demand for TUK tokens is expected to increase, potentially resulting in significant appreciation in the token’s value.
5. WienerAI (WAI)
WienerAI is a new blockchain-based platform that uses next-generation artificial intelligence (AI) technology to transform the cryptocurrency trading space. Its flagship product is an AI trading bot (with a sausage-themed mascot) designed to analyze market trends, identify potential opportunities, and execute trades with zero errors. With the power of AI, WienerAI provides users with a market edge in the complex and dynamic world of investing.
The platform’s native WAI token is a digital asset that underpins the entire ecosystem. Token holders can enjoy various benefits, including discounted trading fees, priority access to new features, and even a share of the platform’s profits. As WienerAI gains traction and its AI trading bot proves successful, the continued flow of demand for the WAI token will fuel its price.
Final Thoughts: Best Cryptocurrencies for Long-Term Profits
Each cryptocurrency project explored in this article brings a unique and innovative perspective to the blockchain industry. From the immersive worlds of 5thScape and DarkLume to the efficiency gains of BlockDAG and the sustainability focus of eTukTuk, not to mention WienerAI’s AI-powered trading bot with a new approach to investing, these projects are pushing the boundaries of what’s possible with blockchain technology.
While all of these projects are promising, 5thScape and DarkLume stand out as particularly interesting investment opportunities. The combination of 5thScape’s robust VR ecosystem tokenomics and unique AR/VR offeringstogether with the fantasy world of the DarkLume metaversehas the potential to appeal to a wide range of investors who may be entertainment lovers, not just cryptocurrency enthusiasts. Given their current presale stages, acquiring 5SCAPE and DLUME tokens at these early-bird prices could prove to be a strategic move for those seeking substantial returns.
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on the information presented in this article.
News
Avalanche Predicts ‘Most Bullish Unlock’ in Broader Market $1 Billion in Token Release
Token Unlocks data shows that several crypto projects:AvalancheWormhole, Aptos, SandboxArbitrum, Optimism and others are set to unlock around $1 billion worth of tokens in August.
Approximately $260 million will be allocated in the first three days of the month.
Crypto projects often schedule token unlocks to control the asset supply and prevent market oversaturation. This gradual release helps avoid significant sell-offs by early investors or team members who hold large amounts of crypto assets.
Wormhole and Avalanche to Release Over $400 Million in Tokens
The biggest news this month will be Wormhole and Avalanche.
On August 3rd, Hole in the walla cross-chain messaging protocol, will release 600 million tokens worth $151.67 million, or 33.33% of its circulating supply.
Avalanche will follow on August 20, unlocking 9.54 million AVAX tokens worth approximately $251 million, or 2.42% of its circulating supply.
The Token Unlocks dashboard shows that 4.5 million AVAX, worth $118.53 million, will go to the Avalanche team, 2.25 million AVAX, worth $59.27 million, will go to strategic partners, and the remainder will go to the Foundation and as an airdrop.
Farid Rached, former head of ecosystem growth at Avalanche, underlined that this planned unlock would be the most bullish in its history because “it is the last big step for the team and public/private investors.”
Other important unlocks
Sui, a layer 1 network, will unlock 64 million tokens worth $50 million, or 2.56% of its circulating supply, on August 1.
Similarly, decentralized exchange dYdX will issue 8.33 million tokens worth nearly $11 million, or 3.65% of its circulating supply. These tokens will be distributed to investors, founders, staff, and future employees.
Aptos will unlock 11.31 million APT tokens worth $74.64 million on August 12. These will be allocated to the Aptos community, top contributors, the foundation, and investors, with top contributors receiving the largest share: 3.96 million APT worth $26 million.
On August 14, Sandbox will release 205.6 million SAND tokens worth $66.75 million. This issuance will be split between the team, advisors, and a corporate reserve.
Finally, Ethereum’s layer 2 networks Referee AND Optimism will collectively unlock over $110 million worth of tokens by August 16 and 31, respectively.
Mentioned in this article
Latest Alpha Market Report
News
Big Tech Beats Bitcoin (BTC) as Trump’s Trade Cancellation Weakens Token
Bitcoin has failed to join the cross-asset rally fueled by dovish comments from the Federal Reserve, as the tight US election race casts doubt on Donald Trump’s ability to implement his pro-cryptocurrency agenda.
The digital asset slipped 2.4% on Wednesday, tracking a Fed-fueled surge in an index of the Magnificent Seven large-cap tech stocks by one of the widest margins in 2024. The token fell further on Thursday, changing hands at $63,750 by 6:10 a.m. in London.
-
Videos6 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
-
Altcoins6 months ago
Render vs. Theta; Which DePIN Altcoin to buy in May
-
News6 months ago
Over 1 million new tokens launched since April
-
Videos5 months ago
Fantom: Potential FTM Price and BIG Updates – The Latest!!
-
NFTs6 months ago
Surprisingly, Bored Apes is now laying off employees as the NFT market disintegrates
-
Videos6 months ago
Recession soon?? What this means for you and your wallet!!
-
Memecoins5 months ago
ChatGPT Analytics That Will Work Better in 2024
-
NFTs6 months ago
Trump endorses Bible line – after selling shoes, NFTs and more
-
Videos5 months ago
Crypto News: ETH ETFs, Pro-Crypto Politics, UNI, DOGE & MORE!
-
Memecoins6 months ago
When memecoins reign supreme in the ecosystem!
-
NFTs5 months ago
Solana NFTs jump 30% in 24 hours: what’s behind the increase?