Memecoins

Kamala Harris: A Summer of Bratwurst? Meme Coin Traders Are in on the Game

Published

4 months ago

25 July, 2024

Kamala Harris: A Summer of Bratwurst? Meme Coin Traders Are in on the Game

Shortly after the Vice President Kamala Harris has been approved by Joe Biden to be the Democratic presidential nominee on Sunday, she received what is being hailed as a culturally relevant endorsement from pop star Charli XCX.

Somehow, it also sparked the resurgence of a dead meme coin, which quickly skyrocketed to a market cap of $5 million.

“Kamala is a kid,” the British artist posted on Twitterin reference to his latest album “Brat,” which had already garnered a cult following and inspired countless think pieces before Harris’ apparent nomination.

This sparked the start of a campaign that captured the attention of young voters. THE Harris Headquarters Twitter And Instagram The account changed its graphics to resemble the Brat album cover and began using Charli XCX songs in its Tick Tock videos. Harris headquarters Twitter account doubled the number of subscribers overnight, amid growing media hype.

Solana Brat Summer token (KID) was created via the coin platform Pump.fun on July 17, before Harris’ campaign adopted the meme. Instead, the coin’s creator apparently focused solely on the meme stemming from Charli XCX’s album and the “Brat Summer” trend that followed.

Charli XCX has been promoting the concept of a “Brat Summer” alongside the launch of her critically acclaimed album. In a BBC Sounds In an interview, Charli said that a “Brat summer” is both luxurious and trashy.

“This girl who’s a little messy and likes to party, and sometimes talks nonsense, who feels like herself but also maybe has a nervous breakdown,” Charli XCX said in a TikTok explaining the meaning of “Brat”.

Essentially, having a “Brat Summer” means letting loose, maybe drinking a little too much, and wearing a lot of neon green, a reference to Brat’s album cover. And Charli XCX apparently sees Harris, the younger, more fiery vice president who is taking over from Joe Biden in an attempt to keep Democrats in the White House, perpetuating that vibe in some way.

Despite the meme’s success in popular culture, the token didn’t see immediate success and the project seemed dead. It failed to reach the decentralized exchange (DEX) Raydium, which is achieved when a token on Pump.fun reaches a market cap of around $60,000. Some investors believe the developer has abandoned the project.

Hours before Charli XCX’s tweet, a community takeover—in which traders attempt to collectively run the abandoned project, including with a new Twitter, Telegram, and website—managed to give the project some momentum, soon pushing it onto Raydium.

When Charli XCX tweeted praise for Kamala Harris, the token jumped from a market cap of $5,000 to $105,000. Once Harris adopted the meme, the token skyrocketed to a market cap of just under $5 million over the next two days. It has since fallen to a market cap of $2.6 million.

Meme coins are highly volatile assets that often have a extremely short lifespan— especially relatively low-cap tokens like BRAT. They’re also often subject to pump-and-dump schemes by developers, and limited liquidity can make it difficult to exit positions when prices drop. So it’s important to exercise caution when investing in cryptocurrencies like this.

Now, the community takeover KID symbolizes both the original “Brat Summer” meme and its recent revival thanks to Harris’ campaign. Her Twitter account reposts Harris Brat edits as well as others, non-political Kids themed content.

Harris’ embrace of the Brat meme has generated additional excitement around her campaign and seemingly boosted the meme’s popularity. But not everyone agrees, which is hardly surprising given the already divisive rhetoric surrounding the election.

American conservative commentator Greg Gutfeld called Harris “an unserious person.” Fox Newsbefore asking: “Do you really want kids running this country? They’re doing enough damage already.”

Edited by Andre Hayward

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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