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Showing posts with the label memecoins

Economist Predicts 60% Surge for Bitcoin, Says ‘Extreme Rallies’ for Ethereum, Altcoins and Memecoins in Sight – But There’s a Big Catch

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A widely followed economist believes that big rallies are in store for Bitcoin (BTC), Ethereum (ETH) and the rest of the crypto market. Analyst Henrik Zeberg tells his 190,600 followers on the social media platform X that he believes that we are in the midst of the “largest financial bubble ever,” paving the way for risk assets like Bitcoin and crypto to soar to much higher prices in the coming weeks. According to the economist, Bitcoin is set to surge 60% over the next two months, while altcoins could deliver gains of up to 900% within weeks. However, he warns that everything will come crashing down once the bubble bursts. “We have the largest Financial Bubble ever! And it will CRASH! But – we have around 10 weeks of Crypto Bubble Fun. That means extreme rallies in first ETH – then Large Alts – then Memes etc. Do not BUY AND HOLD for longer. Do not fall for the Bubble narrative! Buy – when the Coin begins to move. And know WHERE to get out. ...

Reddit IPO could trigger spike in demand for sub-Reddit memecoins MOON and BRICK, data suggests

Key takeaways Reddit’s stock ends trading at $50.44 per share, up by 48% on its market debut. Sub-Reddit meme coins MOON and BRICK could rally higher on Reddit’s successful IPO.  Reddit shares up by 48% on market debut Social media platform Reddit finally debuted on the New York Stock Exchange (NYSE). The company’s stock, with a ticker symbol RDDT, began trading on the NYSE on Thursday, March 21st. By the end of the trading day, RDDT was up by 48% as investors took the opportunity to buy the company’s shares.  Reddit attracted investors despite the company not turning an annual profit since launching in 2005. However, the company promises investors that its content will be the training ground for artificial intelligence (AI) programs. The company also recently struck a data licensing deal with Google worth about $60 million a year. This move further convinced investors that Reddit could soon turn over its loss-making...