Shiba Inu (SHIB), the popular meme coin, is showing signs of life with a recent 5% jump. This price increase comes amidst positive sentiment for meme coins and follows the news of CoinGate integrating SHIB for payments on Polygon and BNB Chain networks.
Read MoreThe popular dog-themed cryptocurrency, Shiba Inu (SHIB), is facing a pivotal moment as it hovers around the critical price level of $0.000018, a point where a staggering 416.38 trillion SHIB tokens were previously bought by nearly 20,000 addresses.
Read MoreShiba Inu (SHIB), the popular dog-themed meme coin, is wagging its tail after a massive surge in its token burn rate. Over the past 24 hours, the burn rate has skyrocketed by 530%, significantly reducing the circulating supply of SHIB tokens.
Read MoreThe meme coin market, known for its volatile nature, is currently experiencing a significant downturn, with prices of several popular tokens plummeting in recent days. Among the most affected is WIF, a prominent Solana-based meme coin, which has crashed to a three-month low, falling below the $2 mark for the first time since early March.
Read MoreGameStop Corp. (GME), the video game retailer turned meme stock phenomenon, experienced a remarkable 24% surge in its share price today, surpassing popular memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) in market capitalization. The unexpected rally has sparked speculation about the possible influence of "Roaring Kitty," the Reddit investor who played a pivotal role in GME's meteoric rise in early 2021.
Read MoreGalaxy Digital CEO Michael Novogratz has once again reiterated his bold stance on memecoins, labeling them not just as a fleeting trend but as a "cornerstone" of the cryptocurrency industry. This declaration comes amidst a mixed reception from the broader crypto community, with some echoing his sentiment while others remain skeptical.
Read More