Donald Humps could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Donald Humps (DONHUMPS), a new Solana memecoin that was launched this week, is poised to explode over 14,000% in price in the coming days.
This is because DONHUMPS has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Donald Humps can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Donald Humps could become the next viral memecoin.
Donald Humps launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Donald Humps on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Humps by entering its contract address – Bomc2UuYYDUXDY9WKk7SBQSRTx1orjGex6XsYY7FGJsu – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) 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.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DONHUMPS.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Ape Planet (APEPLAN) presents a similar opportunity for a limited time.
Ape Planet (APEPLAN), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
APEPLAN will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Ape Planet.
Currently, Ape Planet 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 APEPLAN on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Ape Planet by entering its contract address – ET3t9oWgPkCEWP8CTtJNrW4n8we7y3aCPHckArZC2759 – in the receiving field.
APEPLAN currently has a market cap of just under $10,000, with over $4,000 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.
Bitcoin saw a 5.9% increase between June 2 and 5, peaking at $71,746, supported by almost $1 billion in inflows into U.S.-based spot Bitcoin exchange-traded funds (ETFs).
This indicates strong demand from institutional investors. Despite favorable conditions like a more crypto-friendly stance from U.S. lawmakers, Bitcoin couldn’t break the $72,000 barrier.
Bitcoin’s bullish momentum was partly due to the significant unrealized losses in the U.S. banking sector. However, regulatory uncertainty persists.
According to Matt Hougan, Bitwise’s chief investment officer, this uncertainty has kept financial advisers from increasing their crypto exposure.
Hougan believes the U.S. is moving toward regulatory clarity, starting with the Democrats’ vote to repeal the SEC’s Staff Accounting Bulletin 121.
The SEC’s approval of spot Ether ETFs suggests a softer stance towards crypto.
Yet, U.S. President Joe Biden’s veto of the SAB 121 repeal indicates that “crypto still has a long way to go,” Hougan notes.
An FDIC report states that U.S. financial institutions are currently facing $517 billion in accounting losses due to higher rates impacting their residential mortgage-backed securities, with 64 banks near insolvency in the first quarter of 2024.
Arthur Hayes, BitMEX co-founder, argued that printing more money could be a solution, favoring scarce assets like Bitcoin.
Hayes links Bitcoin’s 43% bull run starting in March 2023 to the collapses of Silicon Valley Bank and Silvergate Bank.
READ MORE: Bitcoin Surges to Two-Week Highs Amid Fresh Institutional Inflows and ETF Approvals
He suggests a similar pattern could occur in 2024. However, even if the Federal Reserve injects liquidity to prevent widespread bankruptcy, Bitcoin’s price might first decline if the stock and bond markets suffer.
Before the March 2023 rally, Bitcoin’s price dropped to $19,559, reflecting market uncertainty similar to movements in the U.S. two-year Treasury yield.
This indicates that traders were willing to trade yield for the security of a government-backed asset.
Investors might anticipate a price correction before another Bitcoin rally, although the consistent inflows into U.S. spot Bitcoin ETFs, totaling over $52 billion since January, could prevent this.
Additionally, the strong performance of U.S. tech stocks, such as Nvidia, pushed the S&P 500 index to an intraday all-time high of 5,342 on June 5. UBS analysts expect the Fed to cut rates twice this year, creating a “healthy backdrop for stocks,” according to CNBC.
This strong stock market performance might reduce incentives for alternative assets like Bitcoin.
GameStop’s 32% surge, driven by influencers and social media posts, may also divert interest from cryptocurrencies.
In summary, while Bitcoin could reach a new all-time high in 2024, the current comfort with fixed-income and stock market investments reduces the immediate incentive for a push above $71,000.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Degen Orange Cat could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Degen Orange Cat (DEGCAT), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
This is because DEGCAT has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Degen Orange Cat can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Degen Cat could become the next viral memecoin.
Degen Orange Cat launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Degen Orange Cat on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Degen Cat by entering its contract address – SswPK5VWTrhusTx1uenWYsy2HoUBzziWveiuqB7jQuY – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) 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.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DEGCAT.
Degen Cat could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Degen Cat (DEGCAT), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
This is because DEGCAT has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Degen Cat can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Degen Cat could become the next viral memecoin.
Degen Cat launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Degen Cat on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Degen Cat by entering its contract address – SswPK5VWTrhusTx1uenWYsy2HoUBzziWveiuqB7jQuY – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) 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.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DEGCAT.
Pink Pepe (PINKPEPE) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Pink Pepe (PINKPEPE), a Solana memecoin that was launched this week, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Pink Pepe presents a similar opportunity.
Pink Pepe has a market cap below $15,000 at the moment, meaning that when it just reaches a modest market cap of $400,000-$800,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 11,000% in the coming two days, and Pink Pepe could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Pink 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 Pink Pepe on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pink Pepe by entering its contract address – 3CHkxCxLnDs8otVeGrn64JEcde5QcQKSxY4Y9QaUAU7F – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) 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.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PINKPEPE.
Vitalik Buterin, the co-founder of Ethereum, has expressed dissatisfaction with the recent surge of celebrity memecoin releases.
Buterin believes that a project’s goal should be to ensure that even if the tokens become worthless, participants still feel satisfied with their involvement.
In a June 5 post on X, Buterin emphasized that financialization is only justified if it serves a societal purpose, such as enhancing healthcare, supporting open-source software, or promoting art and creativity.
His remarks were in response to discussions about the potential of Iggy Azalea’s Mother Iggy (MOTHER) token to lead the current cycle of celebrity experimentation if it achieves sustainable value creation.
Celebrity tokens are digital assets or cryptocurrencies created and endorsed by celebrities.
They capitalize on the celebrity’s fame to attract interest and investment, often integrating into the broader cryptocurrency ecosystem.
Buterin cited Ashton Kutcher and Mila Kunis’ Stoner Cats project as a more respectable example compared to the 2024 celebrity memecoin trend.
He noted, “At least Stoner Cats funded an actual show, whereas the memecoins lack substance and purpose.”
He outlined features that a celebrity crypto project should have to earn his respect.
He insisted that such projects should have a clear public benefit goal beyond merely enriching the celebrity and early investors.
Regarding celebrity token projects, Buterin expressed a preference for those with longevity, ideally lasting over 10 years, rather than those that gain temporary popularity and are soon forgotten.
He values sustainable, long-term projects over short-lived trends.
READ MORE: EU Elections to Shape Future of Crypto Regulations and Spot Ether ETFs
Buterin also suggested that a celebrity token should include engaging features beyond simple trading.
While he is not a fan of token-voting decentralized autonomous organizations (DAOs), he acknowledged that they provide activities and a sense of community for participants.
However, he believes that DAOs should not ultimately dictate the agenda but should have some influence.
Iggy Azalea launched the MOTHER token on May 28, continuing a trend of celebrities releasing memecoins on Solana.
Other celebrities like Caitlyn Jenner, rappers Soulja Boy and Rich The Kid, and adult content models Kazumi and Ivana Knöll have also recently released tokens.
Some celebrities have complained of being scammed by entrepreneur Sahil Arora, who denied any wrongdoing.
Azalea clarified that her token launch had no connection to Arora.
Additionally, Afro-pop star Davido’s new meme token, DAVIDO, faced criticism from the Nigerian crypto community, with some speculating that a token dump might be planned.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Donald Humps could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Donald Humps (DONHUMPS), a new Solana memecoin that was launched this week, is poised to explode over 14,000% in price in the coming days.
This is because DONHUMPS has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Donald Humps can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Donald Humps could become the next viral memecoin.
Donald Humps launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Donald Humps on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Humps by entering its contract address – Bomc2UuYYDUXDY9WKk7SBQSRTx1orjGex6XsYY7FGJsu – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) 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.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DONHUMPS.
Bitcoin might be on its way to hitting the significant $100,000 mark as the “digital gold” narrative strengthens amid an impending banking crisis in the United States.
According to the Federal Deposit Insurance Corporation’s (FDIC) quarterly report published on May 29, at least 63 U.S. banks faced insolvency in the first quarter of 2024, an increase from 52 banks in the third quarter of 2023.
These banks collectively hold $517 billion in unrealized losses, a $39 billion rise from the previous quarter, marking the ninth consecutive quarter of unusually high losses. The FDIC report noted:
“Higher unrealized losses on residential mortgage-backed securities, resulting from higher mortgage rates in the first quarter, drove the overall increase.
:This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve began to raise interest rates in the first quarter of 2022.”
Concerns about the U.S. banking system escalated after the collapse of Silicon Valley Bank (SVB) and the liquidation of Silvergate Bank in March 2023.
New York regulators also shut down Signature Bank shortly after Silvergate’s liquidation.
In response, the Federal Reserve introduced the Bank Term Funding Program (BTFP), offering banks loans up to a year with “qualifying assets” as collateral.
BitMEX co-founder Arthur Hayes claimed this emergency measure initiated the Bitcoin bull run in 2023. Hayes remarked at Korea Blockchain Week:
READ MORE: Bitcoin to Reach $150,000 by Early September, Says Crypto Trader Peter Brandt
“Me and the rest of the market rightly saw through this as basically them admitting that they caused this problem — the structure of the banking system — and this is one of the ways you can fix it, which is: print more money.”
Bitcoin surged 26% from $21,900 to $28,054 during the week of March 13, 2023.
Jamie Coutts, chief crypto analyst at Realvision, highlighted the FDIC report’s validation of his price action model, anticipating Bitcoin to solidify above $63,000 before further gains. Coutts noted on June 4:
“After some nice coiling pricing action since March, my boring Bitcoin Trend model triggers. DXY down, Yields and Corp Spreads are lower.
“Can you smell that, son? That’s the smell of central bank liquidity in the air…”
Crypto analyst Trader Tardigrade also predicted a breakout to $100,000, stating on June 5:
“I’m not surprised that Bitcoin has broken out the recent Bull Pennant after the Breakout of Bull Flag. Both Bull Pennant and Bull Flag are promising chart patterns.
“The next surge could reach over $100k.”
Inflows from U.S. spot Bitcoin exchange-traded funds (ETFs) could further boost Bitcoin’s momentum. U.S. Bitcoin ETFs have seen net positive inflows for fifteen consecutive days as of June 4.
Despite the bullish outlook, Bitcoin faces significant resistance at $72,000, where breaking above could liquidate over $922 million in leveraged short positions, according to Coinglass data.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
The casino industry is experiencing a massive in all aspects and one of the major ones is achieving seamless transactions. A few years back, transactions between players and casinos required a lengthy process and mostly had issues that took time to resolve. However, the advent of technology and expanding access to the internet has brought about a long-anticipated change to the payment system.
The rise of cryptocurrency in online casinos has been a fascinating development in recent years. Crypto transactions are appealing to players because they are pseudonymous– the transactions are not directly tied to the player’s real name. The enhanced privacy and anonymity give players who value privacy or live in regions with strict gambling regulations access to online casinos with less hassle.
Crypto casinos are a relatively new trend but have gained massive attraction in recent years, including within the UK. In this article, we will examine how crypto casinos operate, their pros and cons, and what the future looks like for this trend.
Crypto Casinos Operation And Popularity Within UK
Crypto casinos are not becoming popular due to luck, there are several reasons has to why it has become a force to be reckoned with in the short period since its first appearance. Let’s take a look at how crypto casinos operate:
- Crypto Wallets: when a player wants to play any game at a crypto casino for the first time, the individual will need a crypto wallet where they can store their cryptocurrency before making any deposit at the crypto casino. There are mostly various wallet options available and each comes with different security features and functionalities. Make research on the wallet of your choice before transferring your coins into it, so as to avoid any issues.
- Deposits and Withdrawals: After choosing a preferred wallet, players can then transfer their desired amount of cryptocurrency from their wallet to the casino’s designated crypto address. Deposits are typically very fast, and are often confirmed within minutes– one of the major perks of using crypto in casinos. Withdrawal also tends to be quicker than traditional methods that require a longer process.
- Game Selection: Being a crypto casino does not translate to having a small library of games. Similar to traditional casinos, crypto casinos also offer a wide variety of casino games including table games, live dealer games, and slots with cash rewards.
- Winnings and Conversion: Whether you lose or win, all transactions are made in cryptocurrencies. Players can choose to keep potential winnings in crypto or convert them back to fiat currency through a crypto exchange before making a withdrawal to their bank account.
Crypto casinos are gaining massive attraction in the UK due to a lot of factors. Crypto transactions are much faster than traditional bank transfers and allow players to make near-instant deposits and faster withdrawals. The breakaway from the slow transactions has helped the crypto casino trend to become more appealing to the UK audience.
Also, crypto transactions are quite accessible and come with enhanced privacy for players’ financial and personal information. Crypto transactions are mostly not directly linked to a player’s name, so they offer players much-needed privacy compared to traditional methods where each transaction carries the name of the player. It also helps to eliminate geographical limitations. Players from anywhere in the UK can access and fully participate in crypto casinos, bypassing any restriction imposed on traditional gambling platforms.
Moreover, the potential for higher returns has also increased crypto casinos’ popularity among UK players. Even though the value of most cryptocurrencies fluctuates and can be a risk to keep funds in the coins, it also carries a significant potential for higher returns on winnings if the value of the cryptocurrency rises.
The UK Gambling Commission regulates all forms of gambling and crypto casinos fall under their purview. Specific regulations regarding crypto casino transactions are still evolving has is is still a relatively new phenomenon. Ensure to do your due diligence before committing your coins to any crypto casino.
Pros and Cons of Crypto Casinos
Crypto casinos have become a hot topic in the online gambling world. They offer unique experiences to players and come with advantages and disadvantages. Here is a look at some pros and cons of crypto casinos.
Pros:
Faster Transactions
Crypto transactions are lightning-fast compared to traditional banking methods. Deposits are mostly instant and withdrawals are processed much quicker. They also allow almost real-time access to your funds.
Enhanced Privacy
Crypto transactions offer a higher level of privacy and players’ financial information is protected. The transactions are mostly not tied to players’ real names.
Lower Fees
Crypto transactions generally have lower fees compared to bank transfers or credit card transfers. This means players have more money to gamble with when they play at crypto casinos.
Provably Fair Games
Crypto casinos have provably fair games that use cryptography to ensure randomness of outcomes. This serves as further proof of verifiable fairness when playing at the crypto casinos.
Cons:
Volatility of Cryptocurrencies
The value of cryptocurrencies can fluctuate at any time and this is a major disadvantage when playing at crypto casinos. This is both a risk to players and casinos. The value of potential winnings can change rapidly, leading to unexpected losses.
Regulation
The regulatory framework that guides cryptocurrencies is still evolving. This can become a major issue for players and casinos down the line with potential changes in regulations.
Limited Payment Options
Crypto casinos only deal in cryptocurrencies. Players who do not own crypto or prefer traditional payment methods may be left with no choice but to look for other casinos to play at.
Technical Know-how
Understanding how the crypto world works requires tremendous effort. The technical knowledge needed to navigate through the crypto casino can be a barrier for players who are not familiar with cryptocurrency.
Conclusion
Crypto casinos offer a new and potentially faster and more private way to gamble online. However, while there are many advantages to playing at crypto casinos, it also comes with disadvantages. As players, it’s essential to weigh the pros and cons, understand the risks involved, and gamble responsibly.