Homer on Solana (HOMSOL) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Homer on Solana (HOMSOL), a new Solana memecoin that was launched today, is poised to explode over 8,000% in price in the coming days.
This is because HOMSOL has announced its first centralized exchange listing, which will be on MEXC.
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, Homer on Solana 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 Homer on Solana could become the next viral memecoin.
To buy Homer on Solana on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap SOL for Homer on Solana by entering its contract address – 3FfVJSBVgWptopDgtMqsNWPQbzDBt6VHqM1Y2SMMNL95 – 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 HOMSOL.
Despite facing various challenges, Bitcoin maintained its position above $63,000 on April 26. Outflows from spot Bitcoin exchange-traded funds (ETFs), regulatory concerns, and scrutiny from U.S. senators did not deter its stability.
Farside Investors reported that spot Bitcoin ETFs in the U.S. experienced a net outflow of $218 million on April 25, following a $120 million outflow the previous day.
Franklin Templeton was the sole provider to register inflows on April 25, suggesting that the trend of withdrawals was not solely due to high fees at Grayscale GBTC.
On April 25, U.S. Senators Elizabeth Warren and Bill Cassidy wrote to the U.S. Department of Justice and the Department of Homeland Security, seeking details on measures to address pseudonymous cryptocurrency payments related to child abuse material.
They referenced a Chainalysis report and emphasized the importance of punishing those involved in such illicit activities.
Despite these challenges, Bitcoin bulls find optimism in deteriorating global macroeconomic conditions.
The U.S. Personal Consumption Expenditures (PCE) rose by 2.8% year-over-year in March, exceeding the target set by the U.S. Federal Reserve.
This inflation rise is concerning, especially as first-quarter U.S. gross domestic product (GDP) growth was lower than expected at 1.6%.
Market expectations suggest that the Fed may maintain higher interest rates for an extended period.
George Mateyo, chief investment officer at Key Wealth, noted that while the prospects of rate cuts remain, they are not assured, and the Fed may require weakness in the labor market before considering cuts.
READ MORE: Bitcoin Transactions Surge to All-Time High Following Halving: Runes Protocol Leads the Way
Lawrence MacDonald, founder of “The Bear Traps Report,” projected that interest payments as a percentage of federal spending in the U.S. would increase to 12.3% in 2024.
Recent government bond auctions showed a tepid response from investors, with the five-year U.S. Treasury yield reaching its highest levels in nearly six months on April 25.
Bitcoin investors are cautious about the unsustainable trajectory of U.S. government fiscal policies, as lower interest rates to alleviate debt burden could lead to higher inflation.
The situation is not unique to the U.S.; Japan, the world’s fourth-largest economy, experienced a significant devaluation of its currency, the yen, reaching its lowest level since 1990, and a lower-than-expected inflation rate of 1.8% in April.
Geiger Capital, a user on the X social network, highlighted that the Bank of Japan (BOJ) is restricted from raising interest rates due to the country’s staggering 265% debt-to-GDP ratio.
While a weaker yen benefits exports, it hampers domestic consumption.
Moreover, as the largest holders of U.S. Treasurys, Japanese investors’ actions significantly impact the global economy.
In summary, Bitcoin’s price faced challenges from outflows in U.S. spot ETFs, regulatory pressures, and global economic downturns.
Nonetheless, some analysts believe that worsening global economic conditions may prompt additional stimulus measures by central banks, potentially benefiting Bitcoin due to its scarcity and resistance to censorship.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
AI Shiba Coin (AISHIBC) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
AI Shiba Coin (AISHIBC), 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 AI Shiba Coin presents a similar opportunity.
AI Shiba Coin has market cap below $10,000 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 8,300% in the coming two days, and AI Shiba Coin could potentially reach a multi-million dollar market cap within a few weeks.
Currently, AI Shiba Coin 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 AI Shiba Coin on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for AI Shiba Coin by entering its contract address – BHKw9yYrRnqfGM72hN4N9NLqXcJ6MRfbX48G2VfyURqx – 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 AISHIBC.
Franklin Templeton, a prominent asset management firm, has unveiled its spot Ether exchange-traded fund (ETF), known as the Franklin Ethereum TR Ethereum ETF (EZET), on the Depository Trust and Clearing Corporation (DTCC) website, a key platform for securities transactions in the United States.
Displayed within the DTCC website’s “Create/Redeem” section, the presence of the ETF suggests it is open for creation and redemption.
However, this listing doesn’t guarantee approval for Franklin’s spot Ether ETF application with the United States Securities and Exchange Commission (SEC).
While the DTCC website commonly showcases securities eligible for trading and settlement, including ETFs that have undergone specific registration or compliance procedures, the SEC holds authority over the approval status of ETF filings. This decision hinges on diverse regulatory criteria and considerations.
Having submitted its Form S-1 to the SEC on Feb. 12, the $1.5 trillion asset management firm sought approval for a spot Ether (ETH) ETF. If given the green light, this ETF would be traded under the name “Franklin Ethereum ETF” on the Chicago Board Options Exchange.
READ MORE: Robinhood Broadens Cryptocurrency Reach: New Yorkers Gain Access to SHIB, AVAX, and COMP Trading
The SEC opted to postpone its decision regarding Franklin Templeton’s ETF application on April 23, extending the review timeline for the proposed rule change related to the listing and trading of Franklin Ethereum Trust shares on the Cboe BZX Exchange.
This extension grants the SEC until June 11, providing an additional 45 days for thorough evaluation.
Various industry giants such as BlackRock, Grayscale, VanEck, and ARK Invest have also joined the race for spot Ether ETFs.
However, the likelihood of SEC approval for spot Ethereum ETFs differs from that of spot Bitcoin ETFs, which were approved in January.
In March, Bloomberg ETF analyst Eric Balchunas estimated the probability of the SEC approving a spot Ether ETF in May at approximately 35%.
He noted the SEC’s relatively less active stance compared to the Bitcoin ETF application process and highlighted the potential impact of SEC Chair Gary Gensler’s position on Ether, which remains unclear as Gensler has refrained from definitively classifying Ether as a security.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Bitcoin experienced a decline leading up to the Wall Street opening on April 26, with prevailing trading conditions restraining bullish momentum.
According to data from Cointelegraph Markets Pro and TradingView, BTC retraced from its peak of $65,300 to the daily close.
The market remained ensnared within a stubborn trading range, influenced by problematic macroeconomic indicators and underwhelming performance from US spot Bitcoin exchange-traded funds (ETFs).
These ETFs witnessed net outflows exceeding $200 million the previous day, dampening what initially seemed a promising week start.
James Seyffart, an ETF analyst at Bloomberg, highlighted the downturn, noting, “5 ETFs saw outflows for a total of -$217 million. Franklin was the only ETF with an inflow at $1.9 million.”
As a subdued sentiment pervaded the crypto sphere, some observers speculated on the prolonged absence of a clear Bitcoin price trend.
READ MORE: Robinhood Broadens Cryptocurrency Reach: New Yorkers Gain Access to SHIB, AVAX, and COMP Trading
However, Michaël van de Poppe, founder and CEO of trading firm MNTrading, countered this narrative, foreseeing substantial divergence in altcoins leading to anticipated gains.
He remarked, “Bitcoin is still stuck in a range. I don’t think we’ll see much happening from here for the coming 3-6 months. Slow sideways, perhaps a grind. Expecting way more from Altcoins.”
On April 26, Bitcoin’s dominance in the overall crypto market stood at 55%, down from its recent peak of 57% on April 13 — the highest level in two years.
Meanwhile, renowned trader and analyst Rekt Capital, monitoring BTC price performance post-block subsidy halving, set a two-week timeframe for any significant downturns.
He cautioned, “In this cycle, Bitcoin has entered the Post-Halving ‘Danger Zone’ (purple) and is very near the Range Low.
“If additional downside volatility below the Range Low is to occur, it would be during these upcoming two weeks.”
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Homer on Solana (HOMSOL) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Homer on Solana (HOMSOL), a new Solana memecoin that was launched today, is poised to explode over 8,000% in price in the coming days.
This is because HOMSOL has announced its first centralized exchange listing, which will be on MEXC.
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, Homer on Solana 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 Homer on Solana could become the next viral memecoin.
To buy Homer on Solana on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap SOL for Homer on Solana by entering its contract address – 3FfVJSBVgWptopDgtMqsNWPQbzDBt6VHqM1Y2SMMNL95 – 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 HOMSOL.
The meme coin market, exemplified by Shiba Inu (SHIB), appears set for exponential growth, as indicated by Andrew Kang, co-founder of Mechanism Capital.
Kang predicts a potential 100-fold increase in market capitalization for Shiba Inu and similar tokens.
Institutional investors are gradually increasing their allocation to meme coins, moving from less than 1% to potentially 15% or more.
Kang emphasizes the importance of “Kelly optimizing,” implying maximizing bets before this anticipated surge, rather than after.
Venture capitalists (VCs) are driving this momentum, recognizing meme coins as profitable ventures.
Notably, Symbolic Capital Partners has disclosed substantial investments in SHIB, exemplifying a broader trend of VC firms entering the meme coin space.
Symbolic Capital Partners’ stake in SHIB, valued at $1.64 million and totaling 65.97 billion tokens, illustrates VCs’ confidence in the future prospects of meme coins.
Kang’s projections hint at institutional interest propelling meme coins to unprecedented market cap levels, potentially increasing by tenfold to 100-fold.
READ MORE: Hong Kong Approves First Wave of Spot Bitcoin and Ether ETFs for Trading
If realized, this would mark a significant shift in cryptocurrency investment strategies, with institutional portfolios pivoting towards meme coins.
The disclosure of substantial SHIB holdings by VC firms reflects a broader trend of institutional involvement in cryptocurrencies, extending beyond traditional assets like Bitcoin and Ethereum.
This trend signifies a growing acknowledgment of the disruptive potential of meme coins.
With SHIB’s current market capitalization standing at $14.61 billion, Kang’s forecast could propel it to a staggering $1.46 trillion, surpassing established cryptocurrencies’ market shares.
Assuming SHIB’s market supply remains constant, a $1.46 trillion market cap would translate to a per-SHIB price of $0.00247, a significant increase from its current value of $0.0000247.
In summary, the projected surge in meme coin market capitalization, led by Shiba Inu, presents a remarkable opportunity in the crypto sphere.
With institutional interest reaching unprecedented levels, we are on the cusp of a transformative period that could redefine digital investments.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
AI Shiba Coin (AISHIBC) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
AI Shiba Coin (AISHIBC), 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 AI Shiba Coin presents a similar opportunity.
AI Shiba Coin has market cap below $10,000 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 8,300% in the coming two days, and AI Shiba Coin could potentially reach a multi-million dollar market cap within a few weeks.
Currently, AI Shiba Coin 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 AI Shiba Coin on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for AI Shiba Coin by entering its contract address – BHKw9yYrRnqfGM72hN4N9NLqXcJ6MRfbX48G2VfyURqx – 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 AISHIBC.
Tate’s Bugatti (TATEBUG) could turn early investors into multi-millionaires if it becomes a popular memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Tate’s Bugatti (TATEBUG), a new Solana memecoin that was launched this week, is poised to explode over 8,000% in price in the coming days.
This is because TATEBUG has announced its first centralized exchange listing, which will be on MEXC.
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, Tate’s Bugatti 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 Tate’s Bugatti could become the next viral memecoin.
Tate’s Bugatti launched with over $54,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Tate’s Bugatti on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Tate’s Bugatti by entering its contract address – 5tfnSQC1QUoYqzHvWGwyZSiUdA4RMkg6k5XZKeige9zJ – 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 TATEBUG.
Meow Scientist (MEOWSC) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Meow Scientist (MEOWSC), 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 Meow Scientist presents a similar opportunity.
Meow Scientist has market cap below $10,000 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 6,500% in the coming two days, and Meow Scientist could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Meow Scientist 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 Meow Scientist on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap USDT for Meow Scientist by entering its contract address – PauTQkP1fL3DLmBhm6pWAJyadUyVjU3W5xujwcGY9Mh – 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 MEOWSC.