Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Oil King Pepe (OILPEPE) presents a similar opportunity for a limited time.
Oil King Pepe (OILPEPE), a newly launched Solana memecoin, is poised to explode over 18,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
OILPEPE will be listed on KuCoin, one of the largest centralized exchanges in the world, within two days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Oil King Pepe.
In around 24 hours after launch, Oil King Pepe rallied over 12,400% to reach a market cap of $7.5 million – and it is expected to hit a $60 million market cap within a few days.
Currently, Oil King Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy OILPEPE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Oil King Pepe by entering its contract address – GRUCh82C2aUXo2487mNWJx92s5K26pCtZp8HF47ZZAkc – in the receiving field.
OILPEPE currently has a market cap of around $7.5 million, with over $104,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Oil King Pepe (OILPEPE) is a newly launched memecoin on the Solana blockchain, and it has the potential to become a mainstream coin, like Dogecoin (DOGE) and Shiba Inu (SHIB).
An early buyer of Oil King Pepe (OILPEPE) has generated a profit of almost 3,000%, turning a $130 investment into over $4,500.
The shrewd investor made the purchase a few hours after OILPEPE began trading on Raydium, and he hasn’t sold any of his tokens yet, as the price of Oil King Pepe is expected to rise another 20,000% from its current price.
In fact, most buyers of OILPEPE are deciding to hold onto their tokens and wait for further gains in the coming days and weeks, rather than realize their current profits.
OILPEPE will be listed on KuCoin, one of the largest centralized exchanges in the world, in July – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Oil King Pepe.
In around 24 hours after launch, Oil King Pepe rallied over 9,300% to reach a market cap of $5.6 million – and it is expected to soon hit a $60 million market cap.
Currently, Oil King Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy OILPEPE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Oil King Pepe by entering its contract address – GRUCh82C2aUXo2487mNWJx92s5K26pCtZp8HF47ZZAkc – in the receiving field.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Vitalik Buterin, co-founder of Ethereum, recently voiced his frustration with the current state of cryptocurrency regulation, highlighting a paradoxical situation faced by developers.
On the social media platform Warpcast, Buterin criticized regulatory efforts in the US, stating:
“The main challenge with crypto regulation (esp in the US) has always been this phenomenon where if you do something useless, or something where you’re asking people to give you money in exchange for vague references to potential returns at best, you are free and clear, but if you try to give your customers a clear story of where returns come from, and promises about what rights they have, then you’re screwed because you’re ‘a security.’
The incentive gradient that this ‘anarcho-tyranny’ creates ends up worse for the space than either plain anarchy or plain tyranny.”
He lamented the prevalence of bad actors and scams in the unregulated space, advocating for measures like limiting leverage, mandatory audits, transparency, and knowledge tests to weed out dubious projects.
While the feasibility of implementing cryptocurrency knowledge tests remains uncertain, Buterin emphasized the need for policies that address leverage limits and transparency requirements.
He criticized the US regulatory approach as inconsistent and opaque, suggesting a preference for regulations that incentivize clear, long-term project viability:
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“I would much rather see us move to the opposite situation, where issuing a token without giving a clear long-term story for why it will maintain or increase in economic value is the riskier thing.”
However, Buterin acknowledged that achieving effective regulations requires genuine cooperation between regulators and the cryptocurrency industry:
“Actually getting to this will require good-faith engagement, both from regulators and from industry.”
In conclusion, Buterin’s critique underscores the challenges posed by current regulatory frameworks, advocating for reforms that promote transparency and long-term sustainability in cryptocurrency projects.
He argues that clear regulatory guidelines could mitigate risks associated with speculative investments and foster a more stable environment for innovation in the crypto space.
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Trump the Felon (TRUMPFEL) is a newly launched memecoin on the Solana blockchain, and it has the potential to become a mainstream coin, like Dogecoin (DOGE) and Shiba Inu (SHIB).
An early buyer of Trump the Felon (TRUMPFEL) has generated a profit of almost 3,000%, turning a $170 investment into over $5,000.
The shrewd investor made the purchase several hours after TRUMPFEL began trading on Raydium, and he hasn’t sold any of his tokens yet, as the price of Trump the Felon is expected to rise another 18,000% from its current price.
In fact, most buyers of TRUMPFEL are deciding to hold onto their tokens and wait for further gains in the coming days and weeks, rather than realize their current profits.
TRUMPFEL will be listed on KuCoin, one of the largest centralized exchanges in the world, in July – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Trump the Felon.
In around 24 hours after launch, Trump the Felon rallied over 4,200% to reach a market cap of $1.1 million – and it is expected to soon hit a $70 million market cap.
Currently, Trump the Felon can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy TRUMPFEL on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump the Felon by entering its contract address – DspvMmTQrMCdaesTCFPf4PPGQxxRf2UPmj5b6CRUdaQf – in the receiving field.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Runes, a new token standard on the Bitcoin blockchain, has seen a drastic decline in its daily transaction volume, dropping by more than 88% from its peak in June.
According to data from Dune Analytics analyzed by Crypto Koryo, the average daily transactions for Runes from June 22–28 fell sharply to 37,820.
This marks a significant decrease of nearly 90% compared to the 331,040 daily average recorded between June 9–15.
On June 24 alone, there were 23,238 transactions, the lowest since Runes launched during Bitcoin’s fourth halving event on April 20.
Runes transactions have consistently represented between 4.9% and 11.1% of all Bitcoin transactions over the past week.
The sharp decline in Runes transactions has had a notable impact on Bitcoin miner fees, particularly in the aftermath of the recent halving event.
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Over the last six days, Runes have contributed less than 2 Bitcoin in miner fees, a stark drop from its record high of 884 Bitcoin on April 24.
In comparison, fees from Ordinals inscriptions and BRC-20 tokens have also been minimal during this period.
Initially seen as a promising new revenue stream for miners who traditionally relied on peer-to-peer Bitcoin transfers for network fees, both Runes and Ordinals managed to offset the 50% reduction in block subsidy immediately after the April 20 halving event.
However, since then, trading volumes have shown significant unpredictability.
Runes, introduced by Ordinals inventor Casey Rodarmor on April 20, was touted as a more efficient alternative to creating new tokens on the Bitcoin network compared to the BRC-20 standard and other solutions.
Yet, the decline in network fees coupled with Bitcoin’s price fluctuations has led to a decrease in Bitcoin’s hash price, a critical metric for measuring miner revenue, approaching its lowest level in history.
Meanwhile, Bitcoin miner reserves dropped to 1.90 million Bitcoin on June 19, the lowest in over 14 years when measured in Bitcoin terms.
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Bitcoin‘s volatility surged on June 30, with traders anticipating significant price movements.
According to data from Cointelegraph Markets Pro and TradingView, BTC/USD reached highs of $61,668 on Bitstamp, rebounding from lows of $59,950 the previous day, dipping below the crucial $60,000 mark.
This volatility raised concerns about the support for BTC prices.
“With bids under spot price and the candle close imminent, $500M+ in bids were briefly placed and open interest rose,” noted Daan Crypto Trades on X, highlighting shifts in order book liquidity.
He predicted unusual weekend price action due to the quarter-end, foreseeing “interesting moves” typical of this period.
CoinGlass data indicated $60,583 as a pivotal liquidity level, with bids extending towards $59,500. Conversely, liquidity increased as prices exceeded $61,600 during the day.
Despite a weekly decline of 2.6%, Michaël van de Poppe, CEO of MNTrading, expressed optimism, anticipating a favorable weekly candle for Bitcoin.
“The correction seems relatively complete,” he remarked, drawing comparisons with past cycles.
Q2 performance remained lackluster, with Bitcoin down by 13.8% overall, primarily driven by an 8.9% loss in June.
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Elsewhere, a prominent trader adjusted his BTC price predictions due to ongoing market sluggishness.
BitQuant, who previously forecasted Bitcoin hitting $95,000, admitted his predictions had not materialized as expected.
“I was wrong,” he conceded, reflecting on previous overestimations of Bitcoin’s peak prices.
Despite these setbacks, he affirmed his belief in Bitcoin’s long-term growth prospects.
In conclusion, Bitcoin’s recent volatility underscored uncertainties in the market, exacerbated by quarter-end dynamics.
Traders like Daan Crypto Trades and Michaël van de Poppe offered insights into shifting market dynamics and potential price movements, amidst broader reflections on Bitcoin’s performance and future prospects.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Oil King Pepe (OILPEPE) is a newly launched memecoin on the Solana blockchain, and it has the potential to become a mainstream coin, like Dogecoin (DOGE) and Shiba Inu (SHIB).
An early buyer of Oil King Pepe (OILPEPE) has generated a profit of almost 3,000%, turning a $130 investment into over $4,500.
The shrewd investor made the purchase a few hours after OILPEPE began trading on Raydium, and he hasn’t sold any of his tokens yet, as the price of Oil King Pepe is expected to rise another 20,000% from its current price.
In fact, most buyers of OILPEPE are deciding to hold onto their tokens and wait for further gains in the coming days and weeks, rather than realize their current profits.
OILPEPE will be listed on KuCoin, one of the largest centralized exchanges in the world, in July – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Oil King Pepe.
In around 24 hours after launch, Oil King Pepe rallied over 9,300% to reach a market cap of $5.6 million – and it is expected to soon hit a $60 million market cap.
Currently, Oil King Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy OILPEPE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Oil King Pepe by entering its contract address – GRUCh82C2aUXo2487mNWJx92s5K26pCtZp8HF47ZZAkc – in the receiving field.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Dogecoin (DOGE) is attracting attention from analysts as its halving cycles and technical indicators hint at potential market movements.
Mikybull Crypto emphasized significant preparations for what may be the final surge in this cycle, supported by detailed chart analysis.
“The chart displays various periods marked by changing trend indicators, potentially linked to moving averages or other trend metrics,” noted Mikybull Crypto.
The highlighted “Halving Cycle” periods are pivotal in cryptocurrency contexts, representing a 50% reduction in mining rewards at set intervals, boosting a coin’s scarcity and value, which impacts market sentiment.
Technical annotations on the chart utilize Fibonacci extension tools to project future support and resistance levels based on historical price movements.
Key Fibonacci levels like 1.618 and -1.618, derived from past highs and lows, assist traders in identifying potential breakout points and consolidation patterns.
Crypto Daily Trade Signals echoed optimism, foreseeing a significant uptrend in Dogecoin’s price with a potential 430% increase from its current level.
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Data shows Dogecoin currently trades at $0.1237, reflecting a minor 1.42% decline over the last 24 hours and a 0.29% decrease over the past week, accompanied by a robust trading volume of $560,122,330.31, indicating sustained market interest.
The upcoming halving cycles and technical analyses imply a dynamic period ahead for Dogecoin.
As market dynamics evolve and anticipation mounts over potential price movements, investors and traders are closely monitoring these developments.
Attention remains fixed on how these factors will influence Dogecoin’s trajectory in the upcoming weeks.
Traders are advised to remain vigilant and observe key technical signals that could sway market sentiment and price action.
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Retail investor Keith Gill, known online as Roaring Kitty, has a well-established reputation for his influential tweets that often impact GameStop (GME) shares and the GME-inspired Solana (SOL) memecoin.
Recently, Gill’s tweet had a broader effect, influencing not only GME shares but also various pet-themed memecoins and stocks.
On June 27, Gill posted a cryptic tweet featuring a cartoon image of a dog without any caption.
This simple tweet generated significant market excitement.
Following the tweet, the market capitalization of dog-themed memecoins surged to $36 billion, marking a 2.2% increase within 24 hours.
Cat-themed memecoins experienced an even larger jump of 16.2%, reaching a market cap of $2.4 billion.
In the stock market, pet-related companies like Chewy, Inc. and PetMed Express, Inc. saw substantial gains, although these were short-lived.
GameStop (GME) shares continued their rise, appreciating by 3.68% at the time of reporting.
Similarly, the GME memecoin surged by 14.57% in the past 24 hours.
Technical indicators, such as the Relative Strength Index (RSI), confirmed the bullish trend with values remaining above the neutral threshold on the 4-hour chart.
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Interestingly, despite the excitement around dog-themed memecoins, market leaders like Dogecoin (DOGE) and Shiba Inu (SHIB) only saw modest gains of 3.4% and 1.2%, respectively.
Conversely, top cat-themed memecoins, Mog Coin (MOG) and Michi (MICHI), experienced dramatic increases of 25.9% and 38.65%, respectively.
Further analysis from COINOTAG, using data from Santiment, indicated positive sentiment surrounding these four memecoins, as evidenced by their RSI trends.
Keith Gill’s social media activity continues to wield significant influence over both traditional stocks and the burgeoning world of memecoins.
With both dog-themed and cat-themed cryptocurrencies seeing substantial gains, investors are reminded of the volatile yet potentially lucrative nature of this market segment.
Moving forward, traders and investors will likely monitor Gill’s online presence closely, anticipating potential market shifts driven by his next tweet.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Floki Inu, a prominent memecoin project, has issued a stern warning to its community and the wider cryptocurrency sector regarding ongoing scams involving counterfeit tokens falsely linked to its brand.
These fraudulent tokens have emerged on the Solana and Base blockchains, deceiving unsuspecting investors.
In an official statement posted on social media, Floki Inu emphasized that its genuine token (FLOKI) is exclusively available on the BNB Smart Chain and Ethereum networks.
To safeguard users against scams, Floki Inu provided the correct contract addresses:
“0xcf0c122c6b73ff809c693db761e7baebe62b6a2e” for Ethereum and “0xfb5b838b6cfeedc2873ab27866079ac55363d37e” for BNB Smart Chain.
The project urged its community members to rely solely on official sources for token-related information to avoid falling prey to fraudulent schemes.
Despite these security challenges, Floki Inu remains committed to expanding its ecosystem’s functionalities.
A significant recent development includes the launch of the FLOKI Name Service on the BNB Chain mainnet.
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This service allows users to register decentralized domain names with the .floki extension, leveraging the Space ID architecture for compatibility with various decentralized applications (DApps), such as Trust Wallet and PancakeSwap.
Floki Inu’s growth on the BNB Chain has been notable, surpassing 417,400 holders. In celebration, the project initiated a rewards program enabling holders to claim interest rewards.
Looking forward, Floki Inu disclosed its ambitious 2024 roadmap, outlining plans for utility-focused initiatives.
These include the introduction of regulated digital banking accounts that facilitate the creation and funding of accounts using FLOKI tokens.
The project has also forged a partnership with a licensed fintech firm to enable digital bank accounts supporting Swift payments and SEPA IBAN capabilities across several countries, including Canada, Spain, Dominica, Australia, and the United Arab Emirates.
Earlier this year, the Hong Kong Securities and Futures Commission (SFC) cautioned the public against unauthorized schemes like the “Floki Staking Program” and “TokenFi Staking Program,” which promise high annualized returns without proper authorization for public sale in Hong Kong.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.