2023-12-1 19:37 |
A memecoin that was minted 15 minutes after Charlie Munger's death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours.
Similar to Notcoin - Blum - Airdrops In 2024
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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In just one hour, $ELIZA surged to a staggering market value of $80 million, epitomizing the frenzy of memecoins. Unfortunately, for many investors, its rapid ascent mirrors the speed at which they’ve seen losses pile up.
Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward.
Some claim a new wave of big-money tokens are backed by sentient AI bots. But that's not the reality.
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.
Memecoin teams regularly send Buterin a small portion of their supply as a marketing gimmick. He usually just sells it all for donations.
Dogecoin (DOGE), the meme-based cryptocurrency, has recently seen a sharp decline in price following a short rally to $0. 12 last week. Amid this plunge in price performance, prominent crypto analyst Ali has identified key levels where its price needs to be reclaimed real soon, or there will be negative consequences.