Pepe The Frog meme coin surpasses Dogecoin in trading volumes
Pepe The Frog, a memecoin based on the popular internet meme, has surpassed Dogecoin in trading volumes, recording $227K in the past 24 hours compared to Dogecoin's $168K. Despite being ranked 68th by market capitalization, Pepe has seen considerable gains, with its price increasing from an all-time low of $0.000002764 to an all-time high of $0.000004354. The token has been listed on multiple crypto-exchanges and is present on three blockchains.
Dogecoin Price Declines as Elon Musk Names it his Favorite Cryptocurrency, While Mooky Investment Offers Opportunity for Environmental Sustainability
Tesla CEO Elon Musk has recently shown a preference for Dogecoin, but the cryptocurrency's price has been on a gradual decline due to market volatility. The price of DOGE has dropped by 27% since reaching a 30-day high of $0.095, and its market value has decreased below $10 billion. However, big investors are buying up DOGE at its current low price, seeing it as a viable long-term investment opportunity. Meanwhile, investing in Mooky, a sustainable token that supports tree-planting initiatives, offers investors a chance to match their financial objectives with their environmental principles. Mooky has no transaction fees, and its governance is decentralized, giving investors a voice in the token's development and management. Most importantly, investing in Mooky allows individuals to have a direct and concrete impact on the environment.
Ordinals Protocol Drives Surge in Transaction Volume on Litecoin and Dogecoin Networks
The Ordinals protocol, created by developer Casey Rodarmor, has now been implemented on Litecoin and Dogecoin, leading to a surge in transaction volume on both networks. Dogecoin set a new transaction volume record on May 18 with 1.2 million transactions in a single 24-hour period, while Litecoin reached its highest ever daily transaction volume on May 10 with 584,000 transactions. The Ordinals protocol was first introduced to Litecoin after a Twitter user offered 5 LTC to anyone who could "port" it to the network. The later introduction of the LRC-20 and DRC-20 token standards also contributed to the increase in network activity on both Litecoin and Dogecoin. The uptick in Ordinals inscriptions on Bitcoin can be attributed to the introduction of the BRC-20 token standard.
Meme Coin Mania Continues: Pepe Coin and Dogecoin Surge and DogeMiyagi Set to Join the Frenzy
Investors are showing increasing interest in meme coins such as Pepe Coin and Dogecoin, with a new entrant, DogeMiyagi, also gaining attention. While cryptocurrency has traditionally been viewed as serious and confusing, meme coins have added an element of fun to the market.
SHIB and DOGE Forgotten in the Meme Coin Frenzy: Avorak Trade Suggests Price Will Go Down
Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) gained popularity for their explosive price gains and volatile trading, but have since taken a back seat in the new meme coin frenzy. Many crypto watchers and investors are wondering whether these two coins will go up or down.
The Rise of BRC-20 Tokens: Can $GRUM Bring Back the Bulls?
In May 2021, Dogecoin became a popular cryptocurrency among retail investors due to its association with the Shiba Inu meme. However, the rise of other cryptocurrencies such as Terra and FTX caused a decline in consumer confidence.
Litecoin and Dogecoin Join Meme Coin Craze with Ordinals Technology Migration
The popularity of meme coins has increased on Litecoin and Dogecoin due to the Ordinals project, which was launched on the Bitcoin network in January. Initially, the project allowed for the inscription of assets such as artwork and profile pictures onto Bitcoin's blockchain, but it soon evolved to support BRC-20 tokens. This has resulted in a surge in daily transaction totals on all three blockchains, with each marking a respective all-time single-day peak for transactions in May. However, critics have raised concerns about the rising cost of transactions on these blockchains due to the inclusion of JPEGs and meme tokens. Despite this, proponents argue that the higher cost helps to secure the network. On May 10, there were 584,836 transactions and over 2.6 million Litecoin Ordinals have been created. Dogecoin has also introduced the DRC-20 standard for meme tokens and digital artifacts using Ordinal inscriptions, leading to a surge in activity. However, some experts are skeptical about the trend's longevity and believe sustained pressure on Dogecoin will cause it to die off quickly.
Will DigiToads (TOADS) Outpace Dogecoin (DOGE) in the Year of the Meme Coins? Investors Seem to Think So.
Experts predict that DigiToads (TOADS), a newcomer in the meme coin industry, will outperform top crypto coins like Dogecoin (DOGE) due to its practical features and growing social media popularity. Despite fluctuating market conditions, DigiToads has remained a steady cryptocurrency to buy in 2023 for its early investors in the ongoing presale phase. DigiToads aims to be one of the largest meme tokens and P2E tokens among popular projects such as Shiba Inu, Dogelon Mars, The Sandbox, and Axie Infinity. With its fast-selling TOADS token and practical utilities, DigiToads promises stable market growth and demand among crypto experts even in a fluctuating crypto market.
Get Rich With Dogecoin (DOGE), Tradecurve (TCRV) And Shiba Inu (SHIB)
Investing in cryptocurrency can be unpredictable, but there are currently three projects with high potential for growth. Dogecoin, Tradecurve, and Shiba Inu are expected to see exponential price increases in 2023, with Dogecoin and Shiba Inu currently selling at lower prices, making them a bargain for investors. Despite a recent 20% price drop, Dogecoin has seen an increase in transactions and is expected to rally in May. Shiba Inu has also seen a decrease in value but has dedicated holders who are burning tokens and working on new projects, making it a good investment opportunity. Additionally, Tradecurve is an innovative hybrid exchange with a presale that is already being compared to the ICO of Binance, offering benefits to token holders and a comprehensive trading experience.
Pepe Coin: Potential Risks and Rewards of Investing in the Memecoin
Pepe coin (PEPE) has seen a decrease in trading volume, which could indicate a shift in investor interest. Memecoins like PEPE are considered risky due to their high volatility, so caution is advised.
Meme Coins Remain Strong Despite Cryptocurrency Fluctuations
Despite recent events in the world of cryptocurrency, meme coins like Dogecoin and Shiba Inu continue to outperform even the biggest cryptocurrencies on the market. Meanwhile, newcomer DogeMiyagi is set to bring the age of meme coins back with its exciting and lucrative features.
Elon Musk’s Recent Tweet About Milday NFT Caused a Spike in Its Value
Elon Musk's recent tweet about Milday NFT caused a spike in its value, similar to what happened with Dogecoin after Musk endorsed it. While established blockchain providers Solana and Polygon are facing challenges, TMS Network is thriving, having increased by 1700% since its presale event.
AiDOGE Emerges as Next-Generation Meme Coin with AI-Powered Platform and $AI Token
The Floki Inu coin, a meme coin, is experiencing a resurgence despite its poor performance. Chart analysis suggests an emerging uptrend, with the coin's price action indicating higher highs and higher lows. However, the bullish run could be curtailed if support levels falter, putting the bullish thesis at risk.
Bitcoin Drops Back to $26K, Render Token Dominates Again
The global market cap fell by 1.18% in today's trading session, indicating a bearish trend. Bitcoin faced resistance at the $27K level and dropped by 1.3% in price valuation within a day of trading. Ethereum also recorded a drop in valuation, while Ripple gained 3.7% and dominated the session.
Bitcoin to Make History as First Financial Asset Sent to Space
Astrobotic Technology, BitMEX, and Bitcoin Magazine are collaborating to send the first physical Bitcoin to the Moon this summer. The Bitcoin contains 1 BTC, a public address, and a private key engraved on it.
Dogecoin Crypto Surpasses Bitcoin in Daily Transactions Due to Meme Token Craze
The Dogecoin network has set a new record for daily transactions, surpassing even Bitcoin. This increase is attributed to users creating meme tokens using frameworks inspired by Ordinals. These tokens are based on the DRC-20 token standard, which allows users to embed data in shibes, the smallest unit of Dogecoin.
Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment
According to a report by Santiment, retail traders were not heavily involved in the rise of Pepecoin's market cap to $1.5 billion, despite the token's high daily volumes and numerous copycats. Santiment compared Pepecoin's liquidity and trading metrics to those of Shiba Inu (SHIB) and Dogecoin (DOGE) and found that Pepecoin had a comparatively lower trading volume of $2 billion.
Avorak AI Builds Core Data Sets for Dogecoin and Shiba Inu: An Overview of Cryptocurrencies and AI Trading Bots
Avorak AI is making strides in the world of cryptocurrency by building core data sets for Dogecoin (DOGE) and Shiba Inu (SHIB). DOGE is a cryptocurrency that was created as a joke but quickly gained attention and now ranks among the top 10 cryptocurrencies by market cap. SHIB was launched in August 2020 and is named after the Shiba Inu dog breed, which is also the same breed on the Doge meme. Avorak AI's trading bot is collecting and organizing large amounts of data related to these cryptocurrencies to predict future price movements and inform acquisition and trading decisions. Other Avorak solutions include chatbots, virtual assistants, and video editors, and the AVRK token is used for accessing the AI services and serves other network functions.
Whale Moves $425 Million Worth of SHIB and DOGE Tokens, Becomes 5th Largest Holder
Whale Alert has reported on a large transaction involving Shiba Inu (SHIB) and Dogecoin (DOGE) meme coins. The transaction involved a whale moving 20 trillion SHIB tokens worth $175 million and 3.4 billion DOGE tokens worth almost $250 million.
Dogecoin (DOGE) and Shiba Inu Face Price Drops Despite Memecoin Season, Uwerx Poses a Strong Winner
May has been a successful month for memecoins, with $PEPE reaching a market cap of over $1 billion. However, Dogecoin and Shiba Inu have not experienced the same level of success, with both seeing price drops. As a result, traders are looking for other investment options, such as Uwerx, which is expected to perform well during the memecoin season.
