Pepe Doge (PEPEDOGE) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Pepe Doge (PEPEDOGE), 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 Pepe Doge presents a similar opportunity.
Pepe Doge has market cap below $15,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 7,600% in the coming two days, and Pepe Doge could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Pepe Doge 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 Pepe Doge on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Doge by entering its contract address – 7s7VZhFWTez5ykSr214AxnqRTMdcKu5rd77YFAx2DGG1 – 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 PEPEDOGE.
The Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), experienced a brief resurgence in investment inflows in early May, following a substantial period of financial hemorrhaging since its inception.
Despite this, the fund quickly reverted to outflows within just a few days, reflecting its ongoing struggles in the highly volatile cryptocurrency market.
GBTC debuted on January 11 and suffered consistent outflows for 78 consecutive days, resulting in a total loss of over $17.5 billion.
A temporary reversal occurred in early May, with inflows recorded on May 3 and May 6, totaling $63 million and $3.9 million respectively.
This influx of investment briefly suggested a potential stabilization or renewed investor interest in the fund.
However, this trend did not sustain. By May 7 and May 9, GBTC reported outflows of $28.6 million and $43.4 million respectively, effectively negating the gains made in the previous days.
This pattern of rapid reversal is indicative of the challenges faced by GBTC, marking it as the only spot Bitcoin ETF issuer to report outflows during that period while other funds under the United States Securities and Exchange Commission (SEC) saw positive or neutral investment flows.
In contrast, other Bitcoin ETFs have fared significantly better.
For instance, BlackRock’s iShares Bitcoin Trust attracted substantial investment, totaling nearly $15.5 billion.
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Other notable funds include Fidelity’s Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and Cathie Wood’s ARK 21Shares Bitcoin ETF, which reported net inflows of $8.1 billion, $1.7 billion, and $2.2 billion respectively.
Despite these fluctuations, the average daily loss for the Grayscale Bitcoin Trust since its launch stands at a stark $211 million.
Nonetheless, the overall Bitcoin ETF market in the U.S. has maintained a positive net balance of $11.7 billion due to robust inflows into other funds.
Adding insight into the investor demographics, Jan VanEck, CEO of VanEck, commented during the Paris Blockchain Week in April that “You’ve had some Bitcoin whales and some other institutions move some assets in, but they were already exposed to BITCOIN.”
He further noted the predominant retail investor contribution, which accounts for 90% of Bitcoin ETF inflows.
Despite this, there is an anticipation for significant institutional investments from banks and traditional firms as projected around May.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Donald Bitcoin (DONBTC) presents a similar opportunity for a limited time.
Donald Bitcoin (DONBTC), a newly launched Solana memecoin, is poised to explode over 11,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
DONBTC will be listed on MEXC, 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 Donald Bitcoin.
Currently, Donald Bitcoin 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 DONBTC on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Bitcoin by entering its contract address – 7nErZV74Y8L7zz1thKUczBniWMnLc74gQMdzbWnhr95e – in the receiving field.
DONBTC currently has a market cap of just under $15,000, 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.
Toncoin has recently demonstrated notable outperformance in the cryptocurrency market, which overall increased by 15% in the same period.
This performance is indicative of Toncoin’s strong and specific growth catalysts, despite its general alignment with the broader crypto trends.
As we approach the launch of Notcoin, a new play-to-earn game, on May 16, Toncoin’s price has seen a significant increase.
Notcoin, which will be integrated within the Telegram app, is a social clicking game where players interact with a bot and are encouraged to invite others to join.
The game centers on players tapping a golden coin to earn ‘Notcoin,’ a virtual currency. This engaging format has already attracted over 34.5 million players involved in the “mining” of Notcoin tokens.
In line with this, the Notcoin team plans to airdrop a new native cryptocurrency, NOT, to its 34.5 million token holders, which will be operational on the TON Blockchain from May 16.
This blockchain is a part of the Open Network’s layer 1 proof-of-stake (PoS) ecosystem. Additionally, NOT is set to begin trading on prominent crypto exchanges like Binance and Bybit on the same day.
The anticipation surrounding the NOT launch has sparked a rise in the total value locked (TVL) on the TON blockchain, reaching 40.58 million TON by May 10, marking a 33% increase within the month and a sevenfold growth throughout 2024.
This increase highlights the robust demand for Toncoin.
This rising demand coincides with the recent integration of Tether (USDT) stablecoins on the TON blockchain.
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Furthermore, an investment from Pantera Capital in the Open Network—citing the April integration with the Telegram messaging service as a key reason—has propelled Toncoin’s value further.
This partnership has the potential to position the Open Network among the largest crypto networks, especially considering Telegram’s vast user base of 900 million monthly users.
Since these developments, Toncoin’s value has surged by approximately 46%, demonstrating a positive market reaction to these strategic enhancements.
The cryptocurrency’s resilience is also evident from its recovery points, notably after reaching a key support confluence involving an ascending trendline, the 50-day exponential moving average (EMA), and the 0.618 Fibonacci level, highlighted by a red circle on related charts.
Moreover, a similar resurgence in TON’s price occurred following a drop in the daily relative strength index (RSI) to 37.45, a reminder of a comparable recovery in February.
These indicators, alongside the fractal analysis of Toncoin’s price behaviors around these support levels, suggest potential upward movement.
Predictions indicate that TON’s price could climb over 20% in May, testing resistance at the 0.236 Fibonacci line at $7.17 and potentially reaching the 0.0 Fib line at approximately $8.77.
Conversely, a pullback could see prices descending toward $6.19 and possibly further to $5.40, aligning with the ascending trendline and the 0.5 Fib line.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Gensler Devil (GENDEV) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Gensler Devil (GENDEV), a Solana memecoin that was launched today, 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 Gensler Devil presents a similar opportunity.
Gensler Devil has a market cap below $14,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Gensler Devil could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Gensler Devil 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 Gensler Devil on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Gensler Devil by entering its contract address – GwoY3GpqrSmws6QW88CyDaJkkTNfrQLGN2zZ1rSbJ6z9 – 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 GENDEV.
Pepe Doge (PEPEDOGE) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Pepe Doge (PEPEDOGE), a Solana memecoin that was launched today, 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 Pepe Doge presents a similar opportunity.
Pepe Doge has market cap below $15,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 7,600% in the coming two days, and Pepe Doge could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Pepe Doge 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 Pepe Doge on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Doge by entering its contract address – 7s7VZhFWTez5ykSr214AxnqRTMdcKu5rd77YFAx2DGG1 – 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 PEPEDOGE.
Bitcoin saw a rebound to $63,000 on May 10, amidst a notable increase in overhead liquidity, which exceeded $100 million.
Data from Cointelegraph Markets Pro and TradingView indicated a spike in BTC/USD to local highs of $63,876 on Bitstamp, followed by a period of consolidation.
This price action marked an improvement following lows below $61,000, a decline that continued despite positive unemployment data from the United States suggesting economic resilience.
Material Indicators, a trading resource, highlighted a substantial increase in ask liquidity just above the spot price.
Specifically, liquidity was reported to be over $100 million between the $63,000 and $65,000 range on the same day, according to their FireCharts tool.
Material Indicators’ co-founder, Keith Alan, provided further insights into the market’s dynamics.
He noted, “Historically, the side with the highest concentration of liquidity wins these intra-trend battles,” indicating a potential for continued upward momentum if these liquidity levels maintained.
Alan also detailed potential support levels that could come into play if Bitcoin were to decline again.
He pointed to the historical consolidation range of $58,000 to $60,000 as initial targets.
“Order book data in FireCharts shows that there isn’t currently a lot of bid liquidity at $60k, but there is more at $58k. If price holds there, it would create a higher low which is what bulls want to see,” he explained.
The significance of the 21-week simple moving average (SMA), currently at $56,127, was also underscored by Alan.
He highlighted the $52,000 level as a critical point if the SMA support failed, which could signify a 30% correction from the all-time high.
Observations indicated that much of the bid liquidity that had been forming support had moved up to $58,000, suggesting a possible shift in market sentiment.
In terms of market sentiment and its influence on Bitcoin’s price movements, Alan concluded, “Of course, nothing changes sentiment like price movement so, if bears manage to push price below $58k we will either see sentiment strengthen in the $50k – $52k range or start shifting towards the mid $40s.”
Meanwhile, Rekt Capital, a popular trader and analyst, commented on the lack of major upheaval in the market despite the previous week’s downside wick.
He stated, “Bitcoin is still simply holding the Range Low as support,” referring to the stabilization following the block subsidy halving in April, which he previously suggested hadn’t fundamentally altered market behavior.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
The crypto industry has experienced significant growth due to the influx of new investors, enhancing adoption but also increasing scrutiny from regulators.
The industry now faces increased attention from regulatory bodies concerned with market manipulation, investor protection, and potential illicit uses of cryptocurrency.
The United States Commodity Futures Trading Commission (CFTC) has indicated a rise in enforcement actions within the next six months to two years.
During the 27th Annual Milken Institute Global Conference on May 6, CFTC Chair Rostin Behnam highlighted concerns about potential crypto-centered scams and frauds due to the surge in cryptocurrency prices and the participation of inexperienced retail investors.
Behnam expressed, “We’re going to probably see in the next 6 to 18 months, or 6 to 24 months, another cycle of enforcement actions because of this cycle of asset appreciation and interest by retail investors.”
In 2023, both the CFTC and the Securities and Exchange Commission (SEC) increased their enforcement actions, with the SEC tripling its number of administrative proceedings and initiating 46 enforcement actions, imposing $281 million in fines for settlements.
These enforcement actions have targeted a range of crypto firms, with notable actions against large platforms like Kraken, Binance, and Coinbase.
The SEC has focused particularly on firms with broker-dealer business models. Patrick Gruhn, a former partner at Crypto Lawyers, emphasized the SEC’s strategy, stating, “The SEC targets business models and firms that, from a high-level perspective, compete with traditional finance, e.g., broker-dealers.
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If a project or company allows people to speculate on the price of crypto assets or generate interest-like payments, such a firm or project team is at risk, whether it considers itself decentralized or not.”
There is also a significant focus on privacy and mixer tools, with actions against services like Tornado Cash and the privacy-focused Samurai wallet.
This has sparked a mix of reactions in the crypto community, with many opposing the targeting of service creators who believe they are engaging in legal activities.
The lack of a unified regulatory framework in the U.S. has led to a complex environment for crypto firms, influencing how new and existing companies navigate the market.
As noted by Keith Blackman of the Bracewell law firm, the absence of clear regulations increases the need for companies to invest heavily in legal and compliance services, potentially stifling innovation and deterring new market entrants.
Despite regulatory challenges, the crypto market continues to attract interest from traditional finance, with new investment products like spot Bitcoin exchange-traded funds and the growing political influence of crypto holders.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Donald Bitcoin (DONBTC) presents a similar opportunity for a limited time.
Donald Bitcoin (DONBTC), a newly launched Solana memecoin, is poised to explode over 11,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
DONBTC will be listed on MEXC, 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 Donald Bitcoin.
Currently, Donald Bitcoin 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 DONBTC on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Bitcoin by entering its contract address – 7nErZV74Y8L7zz1thKUczBniWMnLc74gQMdzbWnhr95e – in the receiving field.
DONBTC currently has a market cap of just under $15,000, 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.
Ethereum co-founder Joseph Lubin has criticized the United States Securities and Exchange Commission (SEC) for stifling innovation, potentially threatening the existing financial landscape of the country.
Speaking at the FT Live’s Crypto and Digital Asset summit in London, Lubin discussed Consensys’s lawsuit against the SEC following a Wells notice from the regulator.
He expressed concerns about the SEC’s approach, stating, “The SEC appears to have reclassified Ether as a security without telling anybody that that’s the case.
“They are going about a strategic series of enforcement actions rather than open discourse and clear rulemaking.”
Lubin, CEO of Consensys — the company behind the MetaMask wallet — articulated that the SEC’s enforcement actions are creating a climate of fear, uncertainty, and doubt within the cryptocurrency industry.
He believes this is an attempt to paralyze it and potentially force the company to relocate offshore.
Highlighting a lack of regulatory clarity, Lubin pointed out that the Commodity Futures Trading Commission had previously categorized Ether as a commodity.
He emphasized the firm’s legal action against the SEC as a means to seek greater clarity from U.S. courts.
Moreover, Lubin discussed the upcoming deadline for the SEC to decide on the approval of Ether spot exchange-traded funds (ETFs), which he sees as another motivator behind the SEC’s recent actions against Ethereum.
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He suggested, “We believe that there’s a flurry of activity designed to enable them to say that their action wasn’t capricious in the very likely event that they deny the Ether spot ETFs.”
He also noted the significant capital influx into the ecosystem following the approval of spot Bitcoin ETFs and speculated that the SEC is wary of similar movements towards Ethereum, given its improvements in scalability and usability.
Furthermore, Lubin speculated on the broader implications of decentralized finance, suggesting that the banking industry might be intimidated by the potential shift of customers moving assets into digital formats.
“The SEC probably doesn’t want to see a wave of innovation that will really transform the landscape,” Lubin commented on the regulator’s stance.
Discussing the necessity of a favorable outcome in Consensys’s legal battle with the SEC, Lubin emphasized its importance for the cryptocurrency and technology sectors across the U.S.
He criticized the SEC’s claims that Coinbase and MetaMask’s wallets are functioning as broker-dealers, labeling it a “preposterous notion.”
The debate continues over whether to register MetaMask as a broker-dealer, and the implications this holds for every user of the wallet.
“We’re at odds over whether we should register MetaMask as a broker-dealer. Should every MetaMask user have to register their wallet as a broker-dealer, it’s chilling,” he concluded, highlighting the potential for far-reaching effects on the entire U.S. technology industry due to the SEC’s actions.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.