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Showing posts with the label memecoin

Analyst Says Solana-Based Memecoin Setting Stage for ‘Full-Blown Parabola,’ Predicts New All-Time High for One Asset

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An analyst known for making timely altcoin calls believes that one memecoin running on Solana (SOL) is gearing up for a huge upside burst. Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that he sees the memecoin SPX6900 (SPX) igniting steep surges based on the principles of the Elliott Wave theory, an advanced technical Analysis approach that tries to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish asset tends to witness a five-wave rally, with wave three representing the longest and steepest upside move. Says Bluntz, “SPX looks insane in my opinion, it looks like the entire price action from the March lows is all 1-2s and hasn’t even had a wave three yet, setting the stage for a full-blown parabola later.” Source: Bluntz/X Based on the trader’s chart, he seems to predict that SPX will rally to $2.20. At time of writing,...

The 1 Cent Dream: 3 Things That Can Push Shiba Inu to $0.01

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Shiba Inu (SHIB) has had a rough few years. The asset’s price rallied by many million percent from its launch in August 2020 till it hit an all-time high of $0.00008616 in October 2021. SHIB’s incredible performance turned several early investors into multi-millionaires. While the dog-themed cryptocurrency has struggled to regain its 2021 momentum, fans and investors continue to push for higher prices. Let’s look at what has to happen for SHIB to finally achieve the “one-cent dream.” Also Read: Ripple: XRP Price Prediction For April End 2025 Top 3 Things That Need To Happen For Shiba Inu To Hit $0.01 1. SHIB Burns: Source: Watcher Guru One of the most substantial catalysts for SHIB’s incredible 2021 rally was Vitalik Buterin’s token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received. His actions led to a massive price rally. Also Read: Alphabet (GOOGL) Or META: Wh...

Pepe Trader Turns Just $2000 Into $10 Million: Here's How

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According to crypto Analysis firm LookOnChain, a trader spent $2184 to buy 1.5 trillion Pepe (PEPE) in its early stage. The trader has sold 1.02 trillion coins for $6.66 million. The wallet still has 493 billion coins worth $3.64 million. In total, the trader made a profit of more than $10 million. When the frog-themed crypto was at its peak, the trader’s holdings were worth around $43 million. Also Read: De-Dollarization: Countries Look For Payments Without US Dollar A $PEPE OG sold 150B $PEPE($1.14M) again 5 hours ago. This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x).https://t.co/tyzLr10sGj pic.twitter.com/FD6fFpyqCi — Lookonchain (@lookonchain) March 29, 2025 PEPE Surges Amid Bearish Market Source: Techpoint Africa The crypto market has faced substantial resistance over the last two months. Bitcoin (BTC) hit an all-time high of $108,786 in Ja...

Analyst Predicts Incoming Breakout for FLOKI, Sees Dogecoin and Chainlink Gearing Up for Bullish Reversals

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An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts. According to Bluntz, FLOKI has printed a bullish divergence on the daily chart, indicating that the crypto asset is seeing a rise in buying momentum. He also says FLOKI is trading within an ascending triangle pattern, a structure typically viewed as a bullish reversal formation. “Very nice ascending triangle structure here on FLOKI after printing the bullish divergence at the lows. Probably needs another day or two to form a bit more but anticipating this to eventually break out.” Source: Bluntz/X Based on the trader’s chart, he seems to predict that FLOKI will rally to $0.000125. At time ...

Law firm behind Pump Fun lawsuit launched its own ‘DogShit’ memecoin

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Burwick Law, the firm accusing memecoin platform Pump Fun of securities violations, has caught the attention of crypto grifters after it launched its own memecoin called “DOGSHIT2.” The firm used Pump Fun to create “Dog Shit Going NoWhere” on October 31 as a demonstration of the token launching process. The lawsuit claims it took under 10 minutes to launch and that there were no terms and conditions, know-your-customer checks, age checks, or identity verification involved.  The token’s creation forms part of Burwick Law’s lawsuit that accuses Baton Corporation, which operates Pump Fun, of facilitating “pump-and-dump” schemes and extracting $500 million through the sale of “highly-volatile unregistered securities.”  The actual Pump Fun offices aka, Baton Corporation Ltd. Read more: Ross Ulbricht’s wallet is losing millions on Pump Fun memecoins It claims the lack of compliance measures means Pump Fun has become “a magnet for terrorist financing, dr...

Memecoin Explosion on Solana Overwhelms Coinbase – Brian Armstrong Says Firm Not Expecting ‘This Level of Surge’

Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network. In response to one customer complaining of delays on the social media platform X, Armstrong says, “Team is working hard on scaling our Solana infra now – lots of Solana activity last few days, we were not anticipating this level of surge.” Armstrong also responds to another customer complaining they’ve been waiting two days so far for their transfer of SOL to a private wallet to go through. “It’s a scaling challenge keeping up with activity on Solana chain (which surged lately), not solvency. Customer funds are 100% backed and audited periodically by Deloitte. Team is working hard to resolve it.” According to blockchain data aggregator DefiLl...

Melania Trump Official Memecoin Skyrockets to $9,443,857,032 Valuation Hours After Launch

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First Lady Melania Trump has launched her own memecoin on the Solana (SOL) blockchain, which quickly skyrocketed to a valuation exceeding $9.4 billion just hours after its release. Melania Trump’s social media platform X account suddenly announced that MELANIA was live for trading on Sunday. According to Bubblemaps, there are major discrepancies between MELANIA’s reported tokenomics and actual distribution. “JUST IN: The bubble map of MELANIA does NOT match the distribution on their website.” Source: Bubblemaps/X Bubblemaps is not the only prominent crypto voice questioning the launch of First Lady’s new coin. Former White House Communications Director Anthony Scaramucci expressed strong disapproval of any tokens associated with Trump, likening them to “Idi Amin-level corruption.” Despite criticism, Binance announced it was launching support for MELANIA today, While ByBit and Kraken also added support for the new memec...

Dogecoin: $1000 Worth Of DOGE Becomes $5 Million Today

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Dogecoin (DOGE) has come a long way in its more than 10-year history. The cryptocurrency started as a joke but has since become one of the most significant projects by market cap. The original memecoin has even turned many investors into multi-millionaires. People who got into the project in its early days have made massive returns with minimal investment. Also Read: De-dollarization: Trump Vows 100% Tariffs on Nations Abandoning the US Dollar $1000 Worth of Dogecoin Becomes $5 Million DOGE was at its lowest on May 6, 2015. If you invested $1000 in the memecoin on May 6, 2015, the investment would have been worth $5.02 million today. Your portfolio’s value would have risen by 502,598.9% Source: Changelly Also Read: Ripple: New Price Prediction Claims XRP To Hit $18: Here’s When If you had held on to the $1000 worth of DOGE and sold your holdings when DOGE hit an all-time high on May 5, 2021, you would have made $7.56 million. In this scenario, your portfolio’s value would ha...

This token is up 600% in a week amid meme coin rally

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The crypto market is seeing a new rally in memcoins. The CorgiAI (CORGIAI) token has grown 600% last week. CorgiAI is a web3 project that harnesses the limitless potential of artificial intelligence to transform the way crypto interacts and communicates. The general rise of the meme coin market also fueled interest in CORGIAI. Over the past week, the coin has gained 563%. Amid the excitement, the token ’s market capitalization increased to $193.3m. CorgiAI price | Source: CoinMarketCap The announcement of the cryptocurrency exchange Crypto.com also strengthened CORGIAI’s position. The cryptocurrency platform has revealed a new promotion featuring a coin with a $5,000 prize pool. The 1,000 users with the highest CORGIAI net buys will win $5 of CORGIAI each. Contrary to the expectations of the cryptocurrency community that the hype around meme coins would fade over time, leading to a loss of income, it turned out that instead of fading away, meme coins are returning to t...