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🔥💥VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens VanEck enters the memecoin space with a special tracking index VanEck entered the meme coin arena with an index to track how the best performing Bonk Inu (#BONK ), #Floki Inu (FLOKI) and Dogecoin (#DOGE ) performed against the worst performing Pepe (PEPE), Dogwifhat (WIF) and Shiba Inu (SHIB). Vaneck's MarketVector meme coin index MEMECOIN, popular for its HODL etf, tracks how the industry's six bigwigs are performing on market cap metrics. This weighted methodology will allow the business selection to be measured based on market value parameters. As a risk diversification strategy, the weights of the relevant coins will be limited to 30%. DOGE (30.64%) and SHIB (28.01%) lead the weight of the index. PEPE (14.18%), WIF (13.29%), FLOKI (7.17%) and BONK (6.21%) also took part. Aware that meme coins are a global bombardment point for speculative liquidity, the asset manager issued a disclaimer that “The coins are for entertainment purposes.” This underlines the volatility of the sector and the ease of price fluctuations based on market sentiment. Because of this quality, some believe that cat-themed tokens may soon enter the index. However, Vaneck's MEMECOIN index in itself is an indicator that meme coins are gaining recognition and acceptance in the space. During Token 2049, Tron founder Justin Sun discussed meme coins. In a follow-up post about X, he said, “Meme coins may seem unusual, but they highlight the power of community in crypto.” The sector is steadily turning into a real bona fide cryptocurrency Apr niche on its own. Avalanche Foundation's plans to start investing in the sector's tokens at the end of 2023 have reinforced this rise. #pepe #SHIB

🔥💥VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens

VanEck enters the memecoin space with a special tracking index

VanEck entered the meme coin arena with an index to track how the best performing Bonk Inu (#BONK ), #Floki Inu (FLOKI) and Dogecoin (#DOGE ) performed against the worst performing Pepe (PEPE), Dogwifhat (WIF) and Shiba Inu (SHIB).

Vaneck's MarketVector meme coin index MEMECOIN, popular for its HODL etf, tracks how the industry's six bigwigs are performing on market cap metrics. This weighted methodology will allow the business selection to be measured based on market value parameters. As a risk diversification strategy, the weights of the relevant coins will be limited to 30%.

DOGE (30.64%) and SHIB (28.01%) lead the weight of the index. PEPE (14.18%), WIF (13.29%), FLOKI (7.17%) and BONK (6.21%) also took part.

Aware that meme coins are a global bombardment point for speculative liquidity, the asset manager issued a disclaimer that “The coins are for entertainment purposes.” This underlines the volatility of the sector and the ease of price fluctuations based on market sentiment. Because of this quality, some believe that cat-themed tokens may soon enter the index.

However, Vaneck's MEMECOIN index in itself is an indicator that meme coins are gaining recognition and acceptance in the space. During Token 2049, Tron founder Justin Sun discussed meme coins. In a follow-up post about X, he said, “Meme coins may seem unusual, but they highlight the power of community in crypto.”

The sector is steadily turning into a real bona fide cryptocurrency Apr niche on its own. Avalanche Foundation's plans to start investing in the sector's tokens at the end of 2023 have reinforced this rise.

#pepe #SHIB

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🔥💥Pantera Capital announced that it made its largest investment in the Telegram coin TON Token Pantera Capital, which has made a noise with its bullish report published in recent weeks and is known for its investments in the crypto field, has announced that it has made its largest token investment so far in #TON , Telegram's coin. The statement came from Panetra CEO Dan Morehead, but no details or figures were given on the issue. The #Telegram application, which has been the most prominent of the social communication tools in recent years, has also received investment from the cryptocurrency world. Pantera Capial, one of the most important investment companies in this world, has announced that it has invested in Telegram's TON coin. “The biggest investment made so far” In a statement made on the company's official website, CEO Dan Morehead could not finish praising Telegram and its founder Pavel Durov, while a figure related to the investment was not pronounced. It was just said, ”Pantera Capital has made its biggest investment so far in TON token". The statement stated that the reason why Telegram has received so much attention worldwide, especially the fact that it does not sell user data in any way and its respect for privacy, is that the application is gaining as many as 2.5 million new users per day. "Mini applications will introduce TON and crypto to the world” More than 360 million users use Telegram's Mini Apps, also known as “Mini Apps” on a monthly basis, and hundreds of millions of users have been integrated into these applications along with TON, and thus hundreds of millions of users have started to become familiar with crypto, the statement said. #binance #altcoins
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😱🚀🚀Shiba Inu May Increase by 1.126% to $0.0002858 According to These Developments #ShibaInu May Increase by 1.126% to $ 0.0002858 #SHIB 's extraordinary rise from $0.000007 to $0.000088 at that time serves as a testament to its resilience and explosive growth potential. Lucie stressed that this leap has happened without token burning or major adoption, and suggested that the current, more robust ecosystem could catalyze an even bigger rise. Shiba Inu is currently trading at $0.00002331, up 135% this year. the 2021 rally took place at the peak of the bull market. With the current bull season gradually moving towards maturity, if Shiba Inu also sees a similar increase of 1.126%, its price could reach $ 0.0002858, marking an all-time high. But it is worth noting that this is speculative, and the rise of the SHIB could be much higher or lower than this. In March, responding to an earlier report by The Crypto Basic, Shiba Inu chief developer Shytoshi Kusama stressed that price targets such as $0.00012 are a low estimate for SHIB. Important Developments That Catalyze This Optimism Lucie said in her last speech that the strength of $SHIB lies in the strong community of its backbone and the robust Shibarium ecosystem. The unwavering support of the community and advances in the ecosystem have set the stage for SHIB to transcend its meme coin origins and solidify its place in the broader crypto scene. In addition, another important factor that increases Lucie's confidence is that SHIB is ready to play an important role as a management token in Shiba prefecture. Oct. This is in line with the vision expressed by Shiba Inu developer Kaal Dhairya, who envisions that all ecosystem tokens should have management and utility. Such a representation took place at the TOKEN2049 conference in Dubai last month. In particular, the participation of Shiba Inu as one of the gold sponsors of the event helped to increase visibility. Also last March, Shiba Inu was represented at the 2023 Outer Edge Los Angeles event. #memecoins #binance
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😱🫨Cardano Creator Says Joe Biden Is Trying to 'Kill Crypto' A fight over a non-binding resolution passed in the US House of Representatives has turned into a broader battle, pitting the crypto industry against the Biden administration. ”The Biden administration has made a coordinated effort to kill crypto," #Cardano creator #charleshoskinson wrote on Twitter. Yesterday, the White House said the US President. #JoeBiden ,H.J. Res., who demanded that the Securities and Exchange Commission (SEC) withdraw a staff newsletter related to digital asset retention accounting. he would veto resolution 109. The resolution won a bipartisan vote of 229-193, Decrying the Sec's views as impeding American innovation in the digital asset space. Hoskinson declared the move only the latest in what he called "Operation Chokepoint 2.0."" ”This November, if you vote for Joe Biden as a cryptocurrency holder, please understand that the goal of this administration is to destroy the American cryptocurrency industry," he said in a Twitter livestream late Wednesday. "Understand this. It's obvious.” The White House argued that the decision would harm the Sec's efforts to protect investors in crypto markets and protect the broader financial system. But crypto enthusiasts don't see it that way - and many believe that former president Donald Trump will be a better option in the November elections. ”The [Trump] administration has had problems, but for the most part it has ignored our industry," Hoskinson said. "The executive is tone deaf and continues to pursue the same policy, which has cost tens of thousands if not hundreds of thousands of American jobs, as well as the loss of a trillion-dollar industry," Hoskinson said. #binance #BTC
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🫨🔥Elon Musk Enables Dogecoin (DOGE) Payment For Tesla, Is DOGE Integration Imminent for X Too? #elonMusk has strongly supported DOGE for several years, dating back to his first tweet about the token in 2019. Since then, Musk has made multiple moves to incorporate DOGE into his various business ventures. Most recently, he has enabled #DOGE as a form of payment for #Tesla merchandise and is securing payment licenses for his social media platform, X. These moves signal that Musk is intent on providing DOGE payments on X, which could have a huge impact on the cryptocurrency industry In early May 2024, Musk and Tesla quietly enabled DOGE payments on the Tesla website. The new feature came after Musk visited the Berlin gigafactory, where he was asked about enabling DOGE payments. "We should enable that," Musk responded. Tesla customers can now send DOGE to the Tesla wallet in exchange for merchandise. Though Tesla did not formally announce the change, DOGE enthusiasts were quick to spot it and the price of DOGE rallied more than 20% in the following days. Additionally, Musk and X have been acquiring payment licenses in U.S. states. At the time of this report, they hold 25 licenses, and the count is growing monthly. These licenses are necessary for enabling peer-to-peer (P2P) payments, similar to how Venmo and Cash App operate. Also, an interesting anecdote from Musk's biography notes that he had dreamed of offering DOGE as a form of payment on a social media platform long before he even acquired X. So, the money transmitter licenses could indicate that the X team is moving closer toward DOGE payments on the platform. This idea was furthered by a retweet from Musk that had a picture of the old X.com logo next to the current X.com logo with the caption "The Everything App." The post was originally tweeted by a DogeDesigner on X. The account says that they work for DOGE, doing UX/UI design. Musk commented on the retweet saying, "The circle will be complete." The post currently has over 65 million views and 126,000 likes. #memecoins #binance
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🐸🐸🐸Pepe Mid-May Price Forecast: Will Zero Be Deleted This Month? Pepe, one of the most iconic internet memes that turned into cryptocurrency, has been trending on CoinMarketCap recently by charting the price path. The token has been the center of global interest and activity since its launch and has adopted the bullish market flow to surpass new price levels. According to Coinmarket, the token is at the highest level in the index, outperforming its contemporaries. The token is currently trading at $0.00000781, up 7% in the last week. However, the constant question still remains valid: will #PEPE be able to reach a new price peak by lowering the zero this time? Pepe Mid-May Forecast: What's the Situation? Launched as a tribute to the PEPE the Frog internet meme, the token has come a long way since its launch in 2023. The frog-inspired meme token broke many records after its launch, skyrocketed to new price levels, and then created several millionaires. According to COINCODEX, the token could increase by up to 70% by May 20 and trade at $0.00001297. Pepe is expected to increase by 200% by the end of May 2024 and reach a price level of $ 0.00002635 It is estimated that the Pepe Coin price will increase by 229.30% and reach $ 0.00002635 by June 7, 2024. According to our technical indicators, the current expectation is bullish, while the Fear and Greed Index shows 64 (greed). Pepe Coin has recorded 18/30 (60%) green days with a price fluctuation of 16.50% in the last 30 days.” Pepe 2024 Price Forecast According to COINCODEX, the frog-themed token is aggressively moving towards its goal and is moving forward to create a new price peak. The token could increase by up to 300% by the end of 2024 and trade at a staggering $0.00003797. "Pepe Coin is expected to trade in the December range of $0.08001 to $0.00003797. If it reaches the upper price target, PEPE can increase by 381.67% and reach $ 0.00003797.” #PEPEUSDT #binance #memecoins
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