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Memecoins

Solana will take memecoin election hype to $400, says analyst – DL News

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Solana will take memecoin election hype to $400, says analyst – DL News
  • Two president-themed memecoins will propel Solana to $400 before the US election, analyst says.
  • The prediction comes as Donald Trump has made crypto an election issue.

Two president-themed memecoins will help push Solana to $400 by the US elections in November.

That’s according to Ryan McMillin, chief investment officer at crypto fund manager Merkle Tree Capital.

Solana-based altcoins Jeo Boden and Donald Tremp – based on the confusing names of the last two US presidents – helped Solana overtake Ethereum in trading volume on Thursday.

“Memecoins will go deep into the bull market,” McMillin said. DL Newswhich means that both altcoins will be actively traded over the next few months.

The two memecoins came together as former US President Donald Trump adopted crypto in its strongest terms yet, and current President Joe Biden has threatened to veto a pro-crypto bill last week – cementing crypto as an election issue.

Solana’s rise following the news also helps traders regain confidence in the blockchain, which has been plagued by breakdowns for years and served as a live stress test, McMillin said.

“While memes can be a fun, speculative tool in the short term,” they pave the way for other, more enduring use cases, such as tokenization of real-world assets, he added.

Solana is trading at around $136. Even if this figure is still far from its historic record of November 2021, $260the increase in trading served as a live stress test of the Solana network, McMillin said.

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He also said Solana’s price would be supported by increased liquidity in the market as the US Treasury works to strengthen the economy, meaning investors will have more money to trade assets high risk like cryptocurrencies.

Memecoin Donald Tremp rose 204% to $0.76 on Thursday, and Jeo Boden surged 33% to $0.4.

They then fell back to $0.53 and $0.26 respectively.

Sebastian Sinclair is markets correspondent for DL ​​News. Do you have any advice? Contact Seb at sebastian@dlnews.com.

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Memecoins

“DOGE is much bigger than D-List celebrity memecoins:” MOTHER and DAD divide the community

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“DOGE is much bigger than D-List celebrity memecoins:” MOTHER and DAD divide the community
  • Celebrity memecoins like $MOTHER and $DADDY have faced volatility despite community support.
  • Robert Leshner of Superstate recognized the cultural impact of memecoins like Dogecoin.

Social media was lively with discussions around two notable memecoins: Mother Iggy [MOTHER] And Papa Tate [DADDY].

Despite the recent decline in their market value, in which DAD experienced a drop of 9.08% and MOTHER was down 15.54%, interest and support for these coins has not diminished among their followers.

However, many believe that celebrity memecoins have no lasting value and are simply a waste of money. Reflecting on this sentiment, user X (formerly Twitter) legend took X and wrote down,

“Stop wasting your money on memecoins. 99.9% of them will go to 0. Especially celebrities. This happens every cycle. Don’t be stupid. Invest in big pieces and let them roll.

Dogecoin, the king of memecoins?

In a recent episode of the “Unchained” podcast, Robert LeshnerCEO and co-founder of Superstate, shared a nuanced perspective contrasting with Dogecoin [DOGE] with other celebrity memecoins.

Leshner pointed out that Dogecoin uniquely established itself by mocking established cryptocurrencies like Bitcoin [BTC] And Litecoin [LTC]. It has shown surprising longevity and cultural impact in the crypto world.

He added,

“I think Dogecoin, for this reason, has a much greater importance in the societal Wikipedia of crypto than a non-unique, completely continuous c-list and d-list of celebrity coins.”

However, he continues to believe that other memecoins associated with celebrities can still generate attention and speculative interest in the market.

Ethereum vs. Solana Memes

According to a recent guide article published by CoinGeckoTHE Solana [SOL] the network has exceeded the Ethereum [ETH] network by hosting a larger number of celebrity memecoins.

However, despite the rise in popularity of Solana memecoins, a recent study by the Web3 platform — Trust recognized,

“While Solana is benefiting from a recent surge in meme coin activity, Ethereum is the original battleground for some of the most well-known and influential meme tokens. These pioneers paved the way for the meme coin phenomenon and continue to be major players.

This sentiment was further confirmed by AMBCrypto’s analysis of Santiment data, which revealed that Ethereum’s social dominance dominated Solana.

Feeling

Source: Santiment

Despite this significant rise, the current memecoin market appears to lack inherent value and is primarily driven by competition and speculative trading.

Sharing a similar line of thinking, Ethereum co-founder Vitalik Buterin better say it when he said,

“I’m quite unhappy with the ‘celebrity experimentation in this cycle’ so far. “Financialization as a means to an end”, I can respect it if the end is worth it (healthcare, open source software, art, etc.).

Following: Will Ethereum continue to see green as autonomy increases and whales sell off?

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Memecoins

Boxing Sensation Ryan Garcia Teases Launch of His Own Meme Coin – News Bytes Bitcoin News

TokenTalk Staff

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Boxing Sensation Ryan Garcia Teases Launch of His Own Meme Coin – News Bytes Bitcoin News

https://news.google.com/./articles/CBMiXWh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9ib3hpbmctc2Vuc2F0aW9uLXJ5YW4tZ2FyY2lhLXRlYXNlcy10aGUtbGF1bmNoLW9mLWhpcy1vd24tbWVtZS1j b2 luL9IBAA?hl=en-US&gl=US&ceid=US%3Aen

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Memecoins

Galaxy Digital CEO thinks meme pieces have more to offer than laughs

TokenTalk Staff

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Galaxy Digital CEO thinks meme pieces have more to offer than laughs

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Meme pieces, often inspired by Internet jokes or cultural phenomena, have been dismissed by many industry experts due to their perceived lack of usefulness. However, Mike Novogratz, CEO of Galaxy Digital, believes that these meme tokens have a strong narrative that captures investors’ attention beyond simple humor.

“Meme coins – whether you’re a fan or not – have become a cornerstone of the crypto economy. In today’s market, they are one of the most powerful narratives,” Novogratz said in a recent job on X, adding that meme coins on permissionless blockchains have a combined market cap of over $60 billion.

In an accompanying video, Novogratz also outlined two potential ways to profit from coins: one is by choosing memes with humor and the second is by creating memes.

He suggests that successful investors need a “quirky sense of humor” to predict which memes will resonate with people and become successful investments.

The second way is for memecoin creators. Novogratz said meme creators could make big profits by launching their own coins.

He also spoke about his son-in-law’s success with Dogwifhat and Doge. Initially skeptical about investing in memecoins, Novogratz expressed surprise at his son-in-law’s success in simply holding memecoins, suggesting that a well-designed meme can result in financial gain.

“You know Dogwifhat, the first time you see him you laugh, now he’s worth $3 billion,” Novogratz said.

Novogratz’s bullish stance on meme coins is facing resistance from the industry. Commenting on Novogratz’s post, Charlie Silver, CEO of Permission.io, said that meme coins are “just stupid casino chips.” Silver believes that the real foundations of the crypto-economy have yet to be built.

Novogratz’s statements come amid the ongoing controversy surrounding celebrity coins. Many crypto figures have publicly shared their opinions on the movement.

Notably, Vitalik Buterin, co-founder of Ethereum critical recent celebrity coins, such as Iggy Azalea’s Mother Iggy (MOTHER). He argued that projects should prioritize societal value and user engagement over the enrichment of celebrities and early investors.

Despite skepticism from some industry leaders, meme coins like Daddy Tate (DADDY) have shown remarkable performance, rising 218% in the past 24 hours. However, analysts have recently warned of the potential risks of insider trading associated with both MOTHER And DAD.

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Can These New Meme Coins 100X Your Investment? $BEER, $PLAY, $DOG, $WAI and $DAWGZ

TokenTalk Staff

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Can These New Meme Coins 100x Your Investment? $BEER, $PLAY, $DOG, $WAI, And $DAWGZ

Five new meme coins are making a splash in the crypto market, taking advantage of the current upswing where meme coins are showing strong performance.

Investors are looking for potential gems that can offer significant returns, potentially multiplying investments 100-fold. Three of these meme coins are currently on pre-sale, offering a chance to enter early, while the other two are already available for exchange.

BEERCOIN (BEER)

The price of beer has been soaring recently and has seen an impressive 67% increase in the past month. This new project represents more than just a cryptocurrency; it embodies a concept close to “liquid gold”, intended to function as a universal currency of pleasure, promoting inclusion regardless of skin color or social status.

The project has a beautifully designed website and is listed on many centralized and decentralized exchanges, providing substantial benefits and rewards to its community. These incentives include a decade’s supply of beer, a beer-filled Tesla Cybertruck gift, and an exclusive VIP trip to Oktoberfest.

With a roadmap emphasizing community engagement and top-notch website design, BEERCOIN exemplifies the essence of a meme coin poised for potential exponential growth. With over 140,000 followers on X and over a million followers on Telegram, his social media presence highlights his growing popularity.

BEERCOIN presents itself as a promising candidate for investors looking for the next potential 100x opportunity and is worth consideration for inclusion on investment watch lists.

PlayDoge (PLAY)

PlayDoge is a pre-sale gem that stands out as the best Play-to-Earn Doge companion game in its class. This mobile game transforms the iconic Doge meme into a Tamagotchi-style virtual pet experience, evoking ’90s nostalgia.

PlayDoge

PlayDoge has already raised $4.4 million in just one week, highlighting its rapid success. With rising prices coming, now is an opportune time for early investment.

The project is seeing impressive growth across social media platforms, amassing 4,900 followers shortly after its recent launch. Its high-quality illustrations and well-designed website reflect a commitment to professionalism and investor confidence.

Additionally, PlayDoge features strong tokenomics, including staking options, which enhance its appeal. For investors looking for a pre-sale opportunity with significant upside potential, PlayDoge appears to be a promising choice. To participate in the $PLAY token presale, visit playdoge.io.

Dog (Runes) (DOG)

Dog (Runes), formerly known as the DOG•GO•TO•THE•MOON token, has received considerable attention on the internet, approaching the $0.006871 mark. The project aims to reach a remarkable milestone of $1 per token, which could potentially increase 110x from current levels, which is exceptionally ambitious.

Recently added to leveraged platform OvenAdd.com, Dog (Runes) has aligned itself alongside other successful meme coins like $BEER and $BENDOG, which have shown considerable momentum in the market.

With a market capitalization close to $700 million and trading volumes of around $21 million in 24 hours, Dog (Runes) has quickly become a leading player in the cryptocurrency space.

Its integration into the Bitcoin Runes ecosystem further strengthens its appeal, providing unique opportunities in a competitive landscape dominated by platforms like Solana, Avalanche and Binanace Smart Chain.

For investors looking to gain exposure to promising meme coins, adding Dog (Runes) to their watchlist could prove beneficial.

WienerAI (WAI)

WienerAI (WAI), a project combining elements of dog, sausage, and AI trading robot, is generating buzz in the coin industry. With an impending price hike and $5.8 million in funding already raised, $WAI is poised for significant growth. Investors can participate in the presale using ETH, USDT, BNB or Card.

However, purchases made on BNB Smart Chain during the pre-sale will not be eligible for the high annual staking returns. It is recommended to buy on Ethereum for those interested in staking.

What sets WienerAI apart? It integrates AI-powered trading with transparent swaps, zero fees and MEV protection. This innovative approach, coupled with a generous 195% APY staking option, makes $WAI an attractive investment opportunity.

WienerAI’s strengths go beyond its unique theme. The project benefits from robust tokenomics, a well-defined roadmap and practical utility. These factors position it as a leader in the meme coin space, aligning with current market trends and suggesting further upward movement.

WienerAI’s ambition is to dominate the AI ​​space, surpassing other dog-themed tokens. Experts are taking note, with some predicting 100x returns and others suggesting a conservative 10x gain for investors. Media coverage by major crypto media outlets further boosts investor confidence.

Overall, WienerAI presents a unique opportunity in the meme coin market. Its innovative approach, solid fundamentals and recognition in the sector give it substantial growth potential. Secure your spot in the $WAI token presale by visiting wienerdog.ai.

Basis Dawgz (DAWGZ)

Dawgz Base The token, another presale gem that has generated considerable excitement, is quickly gaining traction. Although it is only a few days old, the project has already raised $1.3 million.

It features a Top Gun-style theme featuring Doge Pepe and other beloved memes.

What sets this project apart is its innovative referral program, which allows participants to earn 10% of the purchase amount in USDT for each referral leading to a sale.

Additionally, Base Dawgz encourages social engagement through an airdrop campaign, rewarding contributors with points convertible into $DAWGZ tokens after the presale.

This dual approach not only encourages active promotion of the project, but also promotes community involvement and growth. With robust tokenomics, including allocations of 20% to pre-sale, staking, liquidity, marketing and rewards, and 10% to listing, Base Dawgz guarantees a comprehensive investment proposition.

Designed to cater to adventurous and innovative crypto enthusiasts, Base Dawgz offers a unique multi-chain experience, not only working on the base chain, but also facilitating trading on ETH, SOL, BSC and AVAX.

For investors seeking exposure to promising pre-sale opportunities, Base Dawgz presents a compelling choice in the evolving coin landscape. To participate in the $DAWGZ token presale, visit basedawgz.com.

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