Category: Meme Token

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Pepe’s sudden drop leaves whale 500k in the red

A memecoin whale who purchased roughly $3 million worth of the Pepe token just days ago is now sitting on an unrealized loss of around $600,000. The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds…
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Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99%…
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Bizarre $600K Elon Musk crypto statue marketing stunt falls flat

Elon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend. Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form —  which was created as part of a…
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Bitgo Reveals Wrapped Dogecoin Token Built on Ethereum

On Nov. 2, 2022, the digital asset custody business and financial services provider Bitgo introduced a wrapped version of the meme coin asset dogecoin built on top of the Ethereum blockchain. The company detailed the wrapped dogecoin initiative, the Wdoge DAO, is through a partnership between the Dogecoin Foundation, Bluepepper, and Mydoge wallet. Bitgo Introduces…
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Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets

After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest crypto market valuations…
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The Number of SHIB Holders Shudders in 3 Days, Shiba Inu Slid 17% in Value Last Month

While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the last 30 days. Despite the fact that shiba inu is down 72% from the crypto asset’s all-time high, shiba inu is still up 37,130% against the U.S. dollar over the last…
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Shiba Inu Project Reveals ‘Doggy DAO,’ Devs Say Phase 1 to Provide ‘Immediate Power to the SHIB Army’

During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto protocol have announced the launch of a “Doggy DAO”…
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Meme Token Economy Climbs 14% in 2 Weeks — DOGE, SHIB Command 83% Dominance

Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon…
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‘Musk effect’ sees crypto named after SpaceX’s Starlink satellites gain over 140% in 3 days

The supersonic price rally in the StarLink crypto market appeared as SpaceX launched 53 Starlink orbit satellites into space on Saturday. In a bizarre event, a cryptocurrency with the same name as SpaceX’s satellite range Starlink jumped over 140% as Elon Musk’s space technology company launched 53 of them into the Earth’s lower orbit. Watch…
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