Recent data from @santimentfeed highlights Litecoin’s prominent position in the cryptocurrency world, particularly regarding the number of non-empty wallets.

This trend underscores strong investor trust and the stability of LTC.

Litecoin continues to stand out in the cryptocurrency world, particularly in terms of the number of non-empty wallets, indicating strong investor trust and stability. Source, recent data from @santimentfeed. pic.twitter.com/QVU4QNC95X

— Litecoin (@litecoin) July 29, 2024

Litecoin, designed as a deflationary currency, has a block halving event scheduled for exactly three years from now, further emphasizing its long-term value proposition.

Litecoin was designed as a deflationary currency. LTC's block halving event will take place in exactly three years. $LTC #Halving pic.twitter.com/IwtlD3xTiK

— Litecoin (@litecoin) July 30, 2024

A significant announcement at the Litecoin Summit 2024 in Nashville has further bolstered confidence in Litecoin. Charlie Lee, the creator of Litecoin, revealed his commitment to match donations to the Litecoin Foundation and its development efforts for the next five years.

This pledge means up to $250,000 per year will be injected into the Foundation and Litecoin development, providing substantial financial support.

JUST ANNOUNCED: @SatoshiLite will be injecting up to $250k per year into the Foundation and Litecoin development!! https://t.co/E3wn2Oywae

— Litecoin (@litecoin) July 29, 2024

This move by Charlie Lee is expected to enhance the foundation’s capabilities and foster further innovation within the Litecoin ecosystem. The commitment to match donations underscores Lee’s ongoing dedication to Litecoin and its community.

As Litecoin continues to grow and strengthen its position, these developments are likely to attract more investors and enhance its reputation in the cryptocurrency market.

The combination of strong investor confidence, as evidenced by the number of non-empty wallets, and substantial financial backing from its creator positions Litecoin for a promising future.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Compound Finance is experiencing a surge in on-chain and network activity despite being embroiled in controversy. Recent data shows that whale transactions, on-chain volume, and token circulation are at or near year-high levels.

The Compound community’s trust in the project has been shaken by several questionably passed initiatives following sparse voting. The situation has sparked widespread discussion, with informative posts like those from @DefiIgnas contributing to the heightened on-chain activity, as reported by Santimentfeed.

🤯 Following a sparse amount of voting that resulted in several questionably passed initiatives, the Compound community's trust in the project has been waning. With a massive increase in discussion due to informative posts like this one from @DefiIgnas, our metrics indicate that… https://t.co/IlL5ZvUMpV pic.twitter.com/kEsYzNba4I

— Santiment (@santimentfeed) July 29, 2024

Metrics such as whale transactions and circulation continue to appear polarizing, leading to volatile prices while the story remains at the forefront of the COMP and altcoin communities.

DefiIgnas reports that Compound Finance suffered a setback due to a lack of care. An initial proposal to grant 92k $COMP was submitted without prior discussion, but Compound’s security advisor, @LewellenMichael, flagged it. Despite the warning, the DAO forum received only six comments. Notably, @MonetSupply and Wintermute were among the few who expressed concern.

Compound Finance got DAO REKT because they just don't seem to care.

Here’s how absurd the process was:

An initial proposal to grant 92k $COMP was submitted without prior discussion. Thankfully, Compound's security advisor @LewellenMichael spotted it.

Despite glaring red flags,… pic.twitter.com/LKXphGQVZ3

— Ignas | DeFi (@DefiIgnas) July 29, 2024

The proposer, Humpy, acknowledged the criticism and canceled the first proposal. However, the second proposal also received minimal engagement, with just four comments, and ultimately failed. The situation escalated when Humpy submitted a third proposal, increasing the requested $COMP amount from 92k to 499k. This proposal passed with only 57 addresses casting votes.

Typically, around 20 addresses participate in DAO votes, and proposal discussions in the forum attract little engagement. For example, a contentious plan to launch a USDT market on Compound III quietly passed in July.

Most proposals in Compound DAO originate from Gauntlet, which effectively runs the DAO as it receives payment for its services. This arrangement has led to minimal interest from others, including the Compound team, which has ceased tweeting.

As Compound navigates this period of heightened activity and internal strife, the project’s future remains uncertain amidst these challenges.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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$MOG has experienced a significant uptick, rising over 13% in the past 24 hours.

This surge is accompanied by substantial accumulation from several Smart Dex Traders, highlighting increased confidence in the token.

Wallet 0xe99b recently bought 57.17 billion $MOG, valued at $117.56K, four hours ago. This wallet has previously earned over $1.16 million in profits with $MOG, making it the top holding in its portfolio.

Similarly, wallet 0x9aa0 acquired 40.65 billion $MOG for $82.70K just four hours ago. Known for impressive trades in $GPU (633% gain) and $AIUS (468% gain), this wallet also bought 43.21 billion $MOG for $82.51K eleven hours earlier. It now holds a total of 143.62 billion $MOG, worth approximately $300K.

More Top Whales Acquires $MOG As Bullish Sentiment Grows

Thirteen hours ago, wallet 0x67d2, also known as Cevap.eth, purchased 56.87 billion $MOG for $106.26K. This wallet has a solid trading history with $TRUMP (287% gain) and $BLUR (102% gain), and previously made $808K in profits with $MOG. It now holds a massive 806.87 billion $MOG, valued at $1.6 million.

$MOG has increased by more than 13% in the past 24 hours 😎

At the same time, many Smart Dex Traders have been continuously accumulating $MOG. Before going to the next 4 smart wallets, check about $Mog first: https://t.co/6PXm6BUWta

Below is latest action of 4 Smart Money 🧵 pic.twitter.com/B1gNhG3c2X

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 30, 2024

Additionally, a new Smart Dex Trader, wallet 0xb385, with a 45% win rate, entered the market by buying 34.61 billion $MOG for $66.67K six hours ago.

These strategic moves by experienced traders indicate a strong belief in $MOG’s potential. As more Smart Dex Traders continue to accumulate $MOG, the token’s recent performance suggests it could see further gains in the near future.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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$WHY, a popular meme coin on the Binance Smart Chain (BSC), has experienced a phenomenal surge of over 2900% since its listing in early May.

The coin saw a significant boost when BNB Chain announced the BNB Incubator Alliance at the Bitcoin 2024 Conference in Nashville, causing $WHY’s price to double in the days following the announcement.

Trading activity on Smart DEX Traders peaked between the 18th and 20th of the month, followed by profit-taking from long-term holders identified as “Smart Traders.” A robust buy-back phase was observed on the 26th, though this activity has recently started to taper off.

Some Notable Large $WHY Transaction To Monitor 

In the past 24 hours, there has been notable buying activity from smart dex wallets. Wallet 0x92fb8 purchased $50.2K worth of $WHY, having previously profited $30.1K, reflecting a 10% gain on their holdings. Similarly, wallet 0xa554 acquired an additional $39K worth of $WHY, after previously earning $40.9K in profits, representing a 13.1% gain on their holdings.

🐘 Update on $WHY on July 30, 2024 (Stay tuned for real-time update on $WHY: https://t.co/P8ATIZuZCI)$WHY, a popular meme coin on the #BSC ecosystem has surged over 2900% since its early May listing. When @BNBCHAIN announced the BNB Incubator Alliance at the… pic.twitter.com/09WjqtnALv

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 30, 2024

These recent purchases by experienced traders suggest continued confidence in the potential of $WHY. As trading volume on Smart DEX Traders remains significant, all eyes are on how $WHY will perform in the coming days, especially with its recent history of sharp price movements and substantial gains.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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A significant deposit of $ZIG tokens has been detected in the CEX Flows section, raising eyebrows in the crypto community.

A wallet, identified as 0x905d, transferred 22 million $ZIG tokens, valued at approximately $3.08 million, to the Bybit exchange within the past 24 hours.

The 0x905d wallet is suspected to belong to an insider. On July 26, 2023, this wallet received 92.68 million $ZIG at an average price of $0.0056 per token. This amount represents about 4.8% of the total supply of $ZIG, indicating a substantial holding.

$ZIG Price Reacts Following Recent Token Movements 

Following this massive deposit, the price of $ZIG has been on a steady decline. Since the time of the deposit, $ZIG’s price has dropped by over 4.3%, suggesting market reactions to potential sell-off concerns. The substantial deposit volume from wallet 0x905d appears to signal profit-taking activities.

@zignaly | $ZIG

In the CEX Flows section for $ZIG, we discovered a very large deposit volume.

After filtering, we found that wallet 0x905d deposited 22M $ZIG ($3.08M) onto #Bybit within the past 24 hours.

His wallet: https://t.co/ZuqGJ7stwp

About $ZIG: https://t.co/BDZMVgfSqT pic.twitter.com/hgnjNzKTo7

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 29, 2024

If the 0x905d wallet proceeds to sell the entire 22 million $ZIG deposited on Bybit, it stands to make a profit exceeding 2400%, given the average acquisition price. This potential sell-off could further impact $ZIG’s price and market sentiment.

As of now, the wallet still holds a significant portion of $ZIG. Specifically, it retains 70.73 million $ZIG, valued at approximately $9.65 million, which is equivalent to 3.54% of the total supply of $ZIG. The market is closely watching this whale’s movements, as any further actions could significantly influence $ZIG’s price dynamics.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post Whale Deposit Sparks Price Drop In $ZIG On Bybit appeared first on The Merkle News.

In August, the cryptocurrency market is set to see the unlocking of nearly $1.5 billion worth of tokens. This includes a significant release of 1 billion $XRP tokens, valued at $609 million, by Ripple on August 1.

Additionally, Avalanche (AVAX) and Wormhole are scheduled to unlock a combined $449 million, with Wormhole releasing 600 million tokens valued at $180.5 million on August 3.

🔔 #Crypto Projects to Unlock Nearly $1.5 Billion in Tokens in August, Including $609 Million in $XRP !

In August, nearly $1.5 billion in crypto tokens will be unlocked. This includes 1 billion $XRP tokens worth $609 million on August 1, released by @Ripple. @avax and @wormhole… pic.twitter.com/0b5IIzL0Y9

— Altcoin Alerts (@Altcoin_Alerts) July 29, 2024

According to CryptoRank, the following tokens will experience the largest unlock amounts next week:

– AltLayer: $90.28 million – Sui: $62.64 million – Optimism: $54.72 million – ZetaChain: $35.41 million – Worldcoin: $11.70 million – Maverick Protocol: $10.76 million – dYdX: $10.70 million

🔓 Top 7 Token Unlocks of the Upcoming Week

The following tokens with the largest unlock amount will be unlocked next week:

AltLayer – $90.28MSui – $62.64MOptimism – $54.72MZetaChain – $35.41MWorldcoin – $11.70MMaverick Protocol – $10.76MdYdX – $10.70M pic.twitter.com/VRFacCh8XY

— CryptoRank.io (@CryptoRank_io) July 28, 2024

Further Details Provided On The Upcoming Token Unlocks

Data from BSCN provides further details on upcoming token unlocks:

July 30: 2.41% of $TORN supply – $227,000 – July 31: 1.75% of $PRIME supply – $5.7 million – July 31: 2.79% of $OP supply – $53.6 million – July 31: 0.5% of $MANTA supply – $1.82 million – August 1: 3.65% of $DYDX supply – $10.7 million – August 1: 2.56% of $SUI supply – $49.1 million – August 1: 18.92% of $ZETA supply – $32.9 million – August 2: 3.52% of $GAL supply – $12.6 million – August 3: 33.33% of $W supply – $174.1 million – August 4: 0.87% of $ENA supply – $6.75 million – August 5: 14.25% of $MODE supply – $4.32 million

ALPHA WATCHLIST – POTENTIAL PRICE TRIGGERS THIS WEEK

Token Unlocks:[July 30] 2.41% of $TORN supply – $227K[July 31] 1.75% of $PRIME supply – $5.7M[July 31] 2.79% of $OP supply – $53.6M[July 31] 0.5% of $MANTA supply – $1.82M[Aug 1] 3.65% of $DYDX supply – $10.7M[Aug 1]… pic.twitter.com/azd92p6XDk

— BSCN (@BSCNews) July 28, 2024

These token unlocks are closely watched by investors as they can significantly impact the market dynamics, potentially influencing the prices of the respective cryptocurrencies.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The price of Bitcoin has surged back above $63,500, surpassing the average realized price for short-term investors.

This bullish momentum is bolstered by substantial inflows into digital asset investment products.

#Bitcoin Bounces Back: Key Indicators Point to Continued Growth

“The price of Bitcoin has returned above $63,500, which is above the average realized price (purchase price) for short-term investors.” – By @IT_Tech_PL

Explore the key points 👇https://t.co/HvQXzPgws1 pic.twitter.com/pc5KRrwSej

— CryptoQuant.com (@cryptoquant_com) July 29, 2024

CoinShares reports that these products saw $245 million in inflows last week, including a remarkable $519 million in Bitcoin alone. This brings Bitcoin’s inflows for the month to $3.6 billion and its year-to-date inflows to a record $19 billion. In contrast, Ethereum experienced a net outflow of $285 million.

According to CoinShares, digital asset investment products saw $245 million in inflows last week, including $519 million in Bitcoin, bringing its inflows so far this month to $3.6 billion and its year-to-date inflows to a record $19 billion. Ethereum saw a net outflow of $285…

— Wu Blockchain (@WuBlockchain) July 29, 2024

According to Intotheblock, almost all Bitcoin holders are now in profit as $BTC steadily approaches its all-time high. Despite this, the TD Sequential indicator has presented a sell signal on the Bitcoin hourly chart, suggesting a brief correction could occur before the uptrend continues.

The TD Sequential presents a sell signal on the #Bitcoin hourly chart, anticipating a brief correction before the continuation of the $BTC uptrend. pic.twitter.com/g6MwWBQAl6

— Ali (@ali_charts) July 29, 2024

Over Half Of Accounts With Open Position Shorts Bitcoin

Interestingly, 55% of accounts with open Bitcoin positions on Binance Futures are currently shorting Bitcoin. If $BTC surges to $70,356, approximately $74.83 million in short positions would be liquidated.

55% of accounts with open $BTC positions in #Binance Futures are currently shorting #Bitcoin! pic.twitter.com/yGNbaJiwXR

— Ali (@ali_charts) July 29, 2024

A lot of people are shorting #Bitcoin. So, $74.83 million will be liquidated if $BTC surges to $70,356! pic.twitter.com/6Vi1BqQ39n

— Ali (@ali_charts) July 29, 2024

Data from Spotonchain indicates that Bitcoin could see significant price movements in the near future. Projections suggest that $BTC could reach $100,000 in the latter half of 2024 and potentially hit $150,000 in the first half of 2025.

✅✅ Similar to what we predicted in April, the #Bitcoin price had dipped to as low as $54.7K and is now rebounding to $70K in this turbulent July.

In the upcoming months, we expect some significant movements in the price of $BTC, which potentially reaches $100K in the latter… https://t.co/lie8sHEtS4 pic.twitter.com/NEChnh6DmX

— Spot On Chain (@spotonchain) July 29, 2024

With Bitcoin’s price climbing and substantial inflows from investors, the outlook remains positive despite potential short-term corrections. The market sentiment suggests continued growth, with significant milestones anticipated in the coming years.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The Solana-based memecoin $TEA has just been listed on MEXC, marking a significant milestone for the project.

With major releases like TEA-Swap, TEA Staking, and LP Farming already accomplished, $TEA is gaining traction in the crypto community.

The project’s roadmap is packed with exciting developments, including TEA-TAP, TEA RWA, and TEA STAR.

$TEA just got listed on MEXC ✅

With major releases like TEA-Swap, TEA Staking, LP Farming already under its belt, and an exciting roadmap featuring TEA-TAP, TEA RWA, and TEA STAR, this project has incredible potential 🚀 $100M mCap as the first milestone is coming soon!

It’s… pic.twitter.com/KoFhff5LYp

— Mister Crypto (@misterrcrypto) July 29, 2024

This $TEA Pattern Could Trigger A Potential Massive Rebound 

Technically, $TEA appears to be forming an Adam & Eve bottoming pattern. A sustained close above $0.000085 could potentially trigger a bullish breakout, propelling the price to $0.000150.

The recent listing on MEXC has added significant liquidity to $TEA, fueling speculation about its potential growth. Rumors are circulating that another top-tier exchange may soon list $TEA, which could further bolster its market presence. With these developments, a $100 million market cap might be on the horizon for this Solana-based memecoin.

Let me spill the tea!#Solana-based #memecoin $TEA seems to be forming an Adam & Eve bottoming pattern. A sustained close above $0.000085 could trigger a bullish breakout to $0.000150!

Interestingly, #TEA was just listed on @MEXC_Official, adding more liquidity. Rumor has it… pic.twitter.com/hnC6xe5RxC

— Ali (@ali_charts) July 29, 2024

The growing interest and increased liquidity from the MEXC listing, combined with the promising technical patterns and roadmap, make $TEA a cryptocurrency to watch in the coming months.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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In the past three weeks, Ethereum’s open interest has surged by approximately $1.5 billion, signaling increased activity in leveraged trading and accompanying volatility.

On-chain reports reveal that a major whale deposited 25,800 ETH, valued at $87 million, into Binance today.

#Ethereum Open Interest data has increased by approximately $1.5 billion in the last 3 weeks

“As leveraged trading increases, liquidations become inevitable. This, in turn, brings high volatility. Therefore, I believe that OI is one of the data points that needs to be closely… pic.twitter.com/XTNz8sDuZU

— CryptoQuant.com (@cryptoquant_com) July 29, 2024

This follows a period where the same whale withdrew 26,721 ETH from Binance at around $3,457 per ETH between May 31 and July 25, and subsequently deposited 26,660 ETH at approximately $3,376 on July 17 and 29. This transaction results in an estimated loss of $2.16 million, or about 2.34%.

A giant whale deposited 25.8K $ETH ($87M) to #Binance just now!

Notably, this whale withdrew 26,721 $ETH from Binance at ~$3,457 from May 31 to Jul 25;

And has deposited 26,660 $ETH to the CEX at only ~$3,376 on Jul 17 and 29.

The est. total loss from $ETH is $2.16M (-2.34%).… pic.twitter.com/vjkE912IWj

— Spot On Chain (@spotonchain) July 29, 2024

In addition to whale movements, Ethereum whales added over 426,000 ETH to their wallets last week, demonstrating a continued accumulation trend. This increase coincides with Ethereum’s rebound from recent lows below $3,000.

The growing adaptation of Ethereum, particularly with the launch of Spot ETFs, is fueling expectations of a rally similar to Bitcoin’s recent performance.

Notable Ethereum ETH ETFs Data To Monitor 

The week of July 22 to 28 saw significant investment in Ethereum Spot ETFs. BlackRock’s ETHA received $442 million in net inflows, Bitwise’s ETHW attracted $265.9 million, and Fidelity’s FETH secured $219.4 million.

Additionally, Grayscale’s Ethereum ETF, known for having the lowest transaction fees, brought in $164 million. Overall, Ethereum Spot ETFs saw over $1.17 billion in investments within just four trading days.

Ethereum balinaları geride bıraktığımız hafta cüzdanlarına 426 bin adetin üzerinde ETH ekledi.

Ethereum balinaları tam gaz biriktirmeye devam ediyor.

1⃣ Large Holder Netlow

Toplam arzın en az %0,1'ini elinde bulunduran cüzdanlar, geçtiğimiz ay boyunca sürekli olarak pozitif… pic.twitter.com/VDUkBNeEee

— Burak Kesmeci (@burak_kesmeci) July 28, 2024

The ongoing accumulation by Ethereum whales and the robust interest in Spot ETFs suggest a potentially intense competition between these two groups in the near future. As both continue to build their positions, Ethereum’s market dynamics are likely to experience significant shifts.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Solana-based memecoin $TEA is making waves with its latest roadmap update and imminent Centralized Exchange (CEX) listing.

The announcement has caught the attention of its vibrant community, which boasts over 3 million members.

Currently, $TEA is consolidating within a descending parallel channel. However, technical analysis suggests that if $TEA breaks through its upper boundary at $0.00005814, the token could potentially surge by 30%, targeting a price of $0.00007526. This technical breakout could ignite a fresh wave of buying interest.

$TEA is consolidating within a descending parallel channel, but once it breaks the upper boundary at $0.00005814, #TEA could surge 30% toward $0.00007526!

Interestingly, $TEA's first CEX listing has been approved!

Highlights:

New products: TEA-Staking, LP Farming, TEA-Swap… pic.twitter.com/j1FBdQIO2H

— Ali (@ali_charts) July 26, 2024

$TEA Ecosystem Expansion And Market Capitalisation Stability 

In addition to the price action, $TEA has recently expanded its ecosystem with the launch of staking, liquidity pool (LP) farming, and swap functionalities. These new features are expected to positively impact the token’s value by increasing its utility and attractiveness to investors.

The current market capitalization of $TEA exceeds $100 million, reflecting its strong position in the memecoin space. The upcoming CEX listing is anticipated to further boost its visibility and liquidity, potentially driving additional interest and investment.

$TEA

Staking, LP Farming and Swap has been released. This should affect posively the price.

Current Marketcap is +$100M

Tier-1 CEX listing is also approved. pic.twitter.com/gS3oZc6fkO

— CryptoSoulz (@SoulzBTC) July 27, 2024

As $TEA approaches this significant milestone, traders and investors are closely watching for any price movements that could signal new opportunities. The combination of a technical breakout, new features, and a major exchange listing could position $TEA for substantial gains in the near future.

Overall, $TEA’s roadmap and CEX listing mark exciting developments for the memecoin, setting the stage for potentially impressive performance as it navigates the crypto landscape.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.

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The post Solana Memecoin $TEA Sets New Roadmap And Gears Up For CEX Listing appeared first on The Merkle News.

The Solana meme token $MOTHER has surged by more than 25% in the last 24 hours, with its price surpassing $0.08.

This remarkable increase highlights the volatile and lucrative nature of meme tokens in the cryptocurrency market.

One savvy investor, identified by the wallet address F4Kpk…VHRkB, demonstrated impeccable timing by purchasing $MOTHER on July 11 when the price was stagnant.

This “prophet” invested $730,000 to acquire 19.43 million $MOTHER tokens at an average cost of just $0.03756.

Since then, the investor has not made any transfers or sales, resulting in a substantial floating profit of $923,000 at the current price of $0.08505. This equates to an impressive return rate of 126%.

Same Wallet Moved 9,680 SOL Out From Binance 

Before this strategic move, the same wallet transferred 9,680 SOL from Binance. Out of this, 6,350 SOL were sent to another address, Gx18y…GjX8H. This closely linked address also ventured into $MOTHER, opening a position of 5.78 million tokens. However, this secondary investor currently faces a floating loss of $170,000.

Solana Meme 代币 $MOTHER 24 小时涨幅超 25%，币价已突破 $0.08🚀

聪明钱 F4Kpk…VHRkB 仿佛「预言家」一般在 7 月 11 日币价横盘时花费 73 万美金买入了 1943 万枚 MOTHER，平均成本仅为 $0.03756

且建仓后至今没有任何转移或卖出操作，目前已浮盈 92.3 万美金（现价 $0.08505），回报率达 126% pic.twitter.com/8KMWTrKBCM

— Ai 姨 (@ai_9684xtpa) July 27, 2024

The stark contrast in outcomes between these two linked addresses underscores the unpredictable nature of the cryptocurrency market. While one investor reaps significant profits, another experiences a notable loss, highlighting the importance of timing and strategy in crypto trading.

The recent surge in $MOTHER’s value exemplifies the growing interest and speculation in meme tokens within the Solana ecosystem. Investors are keenly watching these tokens for potential high returns, despite the inherent risks.

As $MOTHER continues to capture attention, its future performance will be closely monitored by the crypto community. This case serves as a vivid example of the potential rewards and pitfalls in the fast-paced world of meme tokens and cryptocurrency trading.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.

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The post Solana Meme Token $MOTHER Soars By 25% In 24 Hours, Smart Money Profits appeared first on The Merkle News.

Solana memecoin SelfieDogCoin ($SELFIE) has experienced a staggering rise, with its price skyrocketing over 570% in just one week and an astonishing 850% over the past month.

The token’s market capitalization has now surpassed $50 million, drawing significant attention in the crypto community.

Woke up to $SELFIE at $50m

When it was at $2m, I threw $10k but still was waiting for a $1m dump to ape more

My thought was that $2m was already a good top for the actual market and its probably can run to $5m but no more

Today, my bag is worth $250k and I still haven’t sold a… pic.twitter.com/kbXoVxc0XZ

— ram (@0xRamonos) July 27, 2024

Top Whale In $MICHI, $MOTHER and Others Capitalizes On This Surge

Among the notable players capitalizing on this meteoric rise is a prominent whale known for their involvement in $MICHI, $MOTHER, and $MINI.

This investor, who initially entered $SELFIE at its lowest point, has realized a remarkable unrealized profit of $645,000, reflecting an impressive 1175% return on investment.

After investing $10,000 when $SELFIE had plunged to rock bottom, this whale had earlier committed $45,000, enduring substantial losses during the token’s 95% dip.

This absolute CHAD has unrealized PNL of $645k (+1175% ROI) after buying $10k USD at the very bottom of $SELFIE @SelfieDog_SOL after it dipped to hell (-95%), he had already put in $45k and was down bad.$SELFIE reached $45M marketcap two weeks later.

He's a whale on $MICHI… pic.twitter.com/C7OnoH0GY8

— Solsniffer (@solanasniffer) July 27, 2024

The turnaround began when $SELFIE’s market cap surged from a low of $45 million to $50 million within two weeks, signaling a strong recovery and rally. This rapid appreciation highlights the volatility and potential for significant gains within the memecoin sector.

The recent surge in $SELFIE’s price underscores the high-risk, high-reward nature of the crypto market, especially in the memecoin category. As the token continues to attract attention, both new and seasoned investors are closely monitoring its performance, hoping to capitalize on the ongoing momentum.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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According to the CEO of CryptoQuant, the current Bitcoin bull cycle is poised to continue until mid-2025.

Historically, Bitcoin bull markets have seen old whales taking profits, which typically shifts capital into new accumulation addresses, effectively raising the realized price of Bitcoin. This profit-taking phase, lasting about 18 months, began four months ago in the current cycle.

#Bitcoin Bull Cycle Likely Until Mid-2025

Old whales take profits during bull markets. Their selling brings new capital into accumulation addresses, raising realized prices.

Past cycles had profit realization periods of about 18 months. It started 4 months ago this time. pic.twitter.com/zkc8XxkmHi

— Ki Young Ju (@ki_young_ju) July 26, 2024

In political news, Robert F. Kennedy Jr., an independent candidate for the U.S. presidential election, has proposed an executive order to mandate the daily purchase of 550 BTC by the U.S. government, aiming to build a reserve of 4 million BTC. Additionally, there is speculation that former President Donald Trump might soon announce plans for the U.S. to acquire Bitcoin as a strategic reserve asset.

JUST IN: 🇺🇸 US Presidential candidate Robert Kennedy F. Jr. says “I understand that tomorrow President Trump may announce his plan to authorize the US government to buy a million Bitcoin as a strategic reserve asset, and I applaud that announcement.” pic.twitter.com/kQdF5u5cCZ

— Bitcoin Magazine (@BitcoinMagazine) July 26, 2024

Bitcoin ETF Recorded Notable Uptick In Inflows 

On the ETF front, Bitcoin ETFs saw a significant uptick in inflows. As of July 26, the 10 Bitcoin ETFs collectively attracted $535 million in inflows over the past week, with positive flows recorded on four out of five trading days. However, this figure excludes data from the Valkyrie Bitcoin ETF (BRRR), which has experienced zero net flows over the past four days.

🚨 US #ETF 26 JUL: 🟢$52M to $BTC and 🔴$163M to $ETH

🌟 BTC ETF UPDATE (final): +$52M

• The 10 Bitcoin ETFs saw a total inflow of $535M this week, with inflows on 4 out of 5 trading days.

• The above inflow figure does not include #Valkyrie (BRRR) data. This ETF has had $0… pic.twitter.com/ewsIejI4OJ

— Spot On Chain (@spotonchain) July 27, 2024

The combination of increased institutional interest and potential political support could further bolster Bitcoin’s market position, setting the stage for continued growth in the coming months.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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The post Bitcoin Bull Cycle Expected To Last Until Mid-2025, Says CryptoQuant CEO appeared first on The Merkle News.

In 2024, Bitcoin has outperformed Ethereum in terms of market cap impact, with each dollar invested in Bitcoin boosting its market cap by $5, compared to just $1.30 for Ethereum.

This suggests that new money flows exert a stronger influence on Bitcoin than on ETH.

In 2024, every $1 invested in #Bitcoin increased its market cap by $5, while for ETH, it was only $1.3.

New money flows have a weaker effect on $ETH than Bitcoin. pic.twitter.com/CtAmmMVL8g

— CryptoQuant.com (@cryptoquant_com) July 26, 2024

Despite recent declines in ETH prices, institutional demand remains robust. Recent large transactions signal renewed whale activity in Ethereum. Two notable multi-signature addresses have made significant moves:

Despite decreasing $ETH prices, large transaction volume reached a monthly high following the ETFs release, indicating institutional demand. pic.twitter.com/AjhKuWyPnK

— IntoTheBlock (@intotheblock) July 27, 2024

1. Address 0x113…439a4 withdrew 7.96 million USDT from OKX and Binance, then acquired 2,580 ETH at an average price of $3,294, totaling approximately $8.5 million.

2. Address 0xc72…a839D pulled 20.34 million stablecoins from Aave and used 1inch to purchase 6,613 ETH at an average price of $3,278, amounting to $21.68 million.

ETH 重回 $3300📈 终于又在链上看到巨鲸大额建仓 $ETH 了！

1️⃣ 多签地址 0x113…439a4 一小时前从 OKX 和 Binance 提出 796 万枚 USDT，随后在链上以均价 $3294 建仓 2580 枚 ETH，价值 850 万美金

2️⃣ 多签地址 0xc72…a839D 三小时前从 Aave 提出 2034 万枚稳定币，随后同样使用 1inch 以均价… pic.twitter.com/0F6ND3tapo

— Ai 姨 (@ai_9684xtpa) July 27, 2024

Ethereum ETH Price Reaction And ETFs Continues Outflow Data

These purchases, totaling 9,193 ETH (about $30.18 million), have driven ETH prices up by $60 in a short period. The similarity in transaction patterns suggests these addresses may be controlled by the same entity or individual.

However, Ethereum ETFs have faced significant outflows recently. The nine ETH ETFs tracked experienced a net outflow of $342 million during the first week of trading, with Grayscale’s ETHE alone seeing a substantial outflow of $356 million.

🚨 US #ETF 26 JUL: 🟢$52M to $BTC and 🔴$163M to $ETH

🌟 BTC ETF UPDATE (final): +$52M

• The 10 Bitcoin ETFs saw a total inflow of $535M this week, with inflows on 4 out of 5 trading days.

• The above inflow figure does not include #Valkyrie (BRRR) data. This ETF has had $0… pic.twitter.com/ewsIejI4OJ

— Spot On Chain (@spotonchain) July 27, 2024

Despite these ETF outflows, the large whale transactions and institutional interest indicate that ETH remains a key area of focus for major investors.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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$WOJAK, a popular meme token, is seeing significant accumulation by smart money investors.

Currently, it ranks in the top three tokens being accumulated by this savvy group, signaling strong interest and confidence in its potential.

Wallet 0x0d26, known for impressive trading history with gains of 566% from $GAY, 497% from $VANKEK, and 310% from $NCAT, recently purchased 35.37 million $WOJAK, valued at $35.96K, just three hours ago.

This wallet then transferred all its $WOJAK holdings to another wallet, 0x2f2a, which now holds a total of 75.38 million $WOJAK, worth approximately $80.54K.

More Whale Wallets Continue Buying $WOJAK Memecoin In Large Quantities 

Another notable wallet, 0xd3c1, also known as Bidness.eth, bought 50 million $WOJAK, worth $52.56K, just an hour ago. Bidness.eth has a track record of significant returns, with gains of 3,761% from $LARP and 163% from $PORK. This wallet has previously made $12.96K in profits from trading $WOJAK and is now holding 50 million $WOJAK.

$WOJAK is being accumulated by Smart Money 🍷

This #meme is ranked in the top 3 in the "Accumulated by Smart Money" list. This thread will give you some notable wallets

You can detect about $WOJAK first: https://t.co/DjceSg4Qwo pic.twitter.com/Acs8cDRALZ

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 26, 2024

The accumulation of $WOJAK by these well-known and successful wallets indicates growing confidence in the token’s future prospects. The fact that $WOJAK has attracted smart money, which includes investors with a history of high returns, suggests that the token might see substantial growth and attention in the coming days.

As the meme token market continues to evolve, $WOJAK’s rise in popularity among smart money investors positions it as a potential standout. Investors and market watchers will likely keep a close eye on $WOJAK, especially given the endorsement by these high-profile, successful traders.

For those interested in meme tokens, the strategic moves by wallets 0x0d26 and 0xd3c1 serve as a strong indicator of $WOJAK’s potential. With significant accumulation from smart money, $WOJAK could be poised for notable gains, making it a token to watch closely.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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The post Smart Money Accumulating $WOJAK: Meme Token Gains Popularity Among Top Traders appeared first on The Merkle News.

HashKey Capital’s address, hki.eth, recently withdrew 583,000 PENDLE tokens from Binance, amounting to a substantial $2.2 million.

This acquisition positions PENDLE as the top holding in the hki.eth address and marks it as the fourth-largest holding within HashKey Capital’s on-chain portfolio.

一小时前 HashKey Captial 地址 hki.eth 从 #Binance 提出 58.3 万枚 PENDLE，价值 220 万美金$PENDLE 目前已成为该地址持仓排名第一，HashKey Capital 链上持仓排名第四的资产🤔

早在三年前 (2021.07-2022.04) 该地址曾收到 Pendle 归属地址分发的 271 万枚代币，已于 2022.06 全部充值进交易所 pic.twitter.com/coZ1m6trZ1

— Ai 姨 (@ai_9684xtpa) July 26, 2024

HashKey’s history with PENDLE is noteworthy. Between July 2021 and April 2022, the address received 2.71 million PENDLE tokens distributed by the Pendle project. By June 2022, all these tokens were deposited back to the exchange.

HashKey Capital has a track record of buying PENDLE at low prices and selling at peaks, resulting in a remarkable profit of approximately $9.96 million from PENDLE trades.

hki.eth(#HashKey) bought 583,074 $PENDLE($2.21M) again 20 minutes ago!#HashKey is very good at buying $PENDLE at low prices and selling at highs, making a total profit of ~$9.96M on $PENDLE before!https://t.co/sZ2cKsPmUC pic.twitter.com/56wY5UtQoF

— Lookonchain (@lookonchain) July 26, 2024

Pendle Finance (Pendle_fi) is distinguished by its market characteristics, notably its fully diluted valuation (FDV) being almost equal to its market cap. This suggests that venture capital firms have minimal control over the token, offering a level of decentralization that appeals to investors.

This Year Alone, PENDLE Has Recorded Massive 7x Increase 

This year, PENDLE has seen a significant 7x increase, entering an accumulation phase that presents a prime opportunity for buying at a dip. HashKey Capital’s recent withdrawal aligns with this strategy, indicating confidence in PENDLE’s long-term potential and market stability.

@pendle_fi is one of the few projects that has almost the same FDV and market cap, meaning that VCs are out of control of the token$PENDLE has already increased by 7x this year and entered an accumulation phase, offering an excellent dip for buying

MCap: $645.4M

Price: $4.17 pic.twitter.com/QMExPhSfSe

— Finish 🏁 (@0xFinish) July 24, 2024

The strategic move by HashKey Capital underscores their adeptness at timing the market to maximize returns. As PENDLE continues to gain traction, HashKey’s investment actions will likely influence broader market sentiment, drawing attention to Pendle Finance’s unique positioning in the crypto landscape.

For investors and market watchers, HashKey Capital’s activities with PENDLE offer insights into effective market strategies and the potential for significant returns in the evolving digital asset space.

The ongoing developments with PENDLE and its market performance will be closely monitored, given its recent gains and strategic accumulation by major players like HashKey Capital.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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The post HashKey Capital Increases PENDLE Holdings: A Strategic Move Amid Market Dynamics appeared first on The Merkle News.

Coin98 Analytics has highlighted the top 10 notable events in Q3 2024 from various popular projects. Here’s a detailed look at these exciting developments:

1. Layer3 Airdrop Eligibility @layer3xyz has introduced an eligibility checker for their upcoming L3 Token Generation Event (TGE). This could be a significant airdrop from one of the largest SocialFi projects.

2. Privasea Node Sale @Privasea_ai has recently adjusted their Node Sale schedule, moving the mint date to July 30th. This change aims to accommodate their growing community and project needs.

3. DIN Node Sale @din_lol_ announced that their Node Sale will be available starting in late July, following the release of the new version of xData. Nodes will be essential for receiving token airdrops.

4. Monad Testnet @monad_xyz has confirmed on Discord that their testnet will be launching soon, with the mainnet expected by the end of the year. Additionally, Backpack will be available for the testnet on day one.

5. Initia Mainnet @initiaFDN has kicked off “The Initiation: Part Two,” featuring four weeks of quests and collectible stickers for your dog, Jennie. The mainnet launch is imminent for the “Initiates.”

6. Thruster TGE @ThrusterFi is set to launch their TGE in Q3, according to the team. Participants can maximize their Blast Points, Gold, and Thruster Credits, with valuable rewards distributed to liquidity providers (LPs) and traders.

7. Grass TGE @getgrass_io has announced the start of Grass Summer. The current Epoch 7 will be the final epoch of Grass Closed Beta, signaling an upcoming TGE in Q3.

8. Babylon Mainnet @babylon_chain’s mainnet is expected to launch in late July or early August, introducing native Bitcoin yields.

9. Zircuit Mainnet Following a successful funding round from reputable VCs, @ZircuitL2 has stated that Mainnet Phase 1 is imminent. The migration and gas mining will soon commence.

10. Movement Incentive Testnet @movementlabsxyz’s testnet will run for eight weeks, from July 17th to September 17th. Developers will compete to earn valuable early access, honors, and rewards.

Top 10 Notable Events in Q3 2024 from Popular Projects, featuring:

1. @layer3xyz Airdrop Eligibility2. @Privasea_ai Node Sale3. @din_lol_ Node Sale4. @monad_xyz Testnet5. @initiaFDN Mainnet6. @ThrusterFi TGE7. @getgrass_io TGE8. @babylon_chain Mainnet9. @ZircuitL2… pic.twitter.com/IHowhpAAFd

— Coin98 Analytics (@Coin98Analytics) July 25, 2024

These events reflect significant progress and innovation within the blockchain and crypto space, promising exciting developments for users and investors alike.

Disclosure: This is not trading or investment advice. Always do your research before buying any NFTs or cryptocurrency.

Follow us on Twitter @themerklehash to stay updated with the latest Metaverse news!

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The post Top 10 Notable Events In Q3 2024 From Popular Projects appeared first on The Merkle News.

MUMU (@mumu_bull) witnessed an extraordinary breakout, experiencing a massive 130% pump in just two hours. The token’s market cap surged from $85 million to $200 million before stabilizing at $150 million.

This remarkable rally attracted significant attention from whales, who had accumulated substantial amounts of MUMU prior to the price surge.

ATH breakout with a MASSIVE wick for $MUMU @mumu_bull who just did a +130% pump in 2 hours.

From $85M MC to $2OOM, now sitting at $150M.

Many whales accumulated $MUMU before this big wick, including BHCm58VsiSq9p3hqjprLAs6wtjXjtuGnz6vj1i3Upe7X and… pic.twitter.com/VRFCVZt3C2

— Solsniffer (@solanasniffer) July 25, 2024

One notable trader, identified by the address 4Rrz…..TvnJ, sold his entire MUMU holdings four days before the pump. Although he exited with a respectable 45% return on investment (ROI), amounting to $85,000 in profits, he missed out on a potential 300% to 350% ROI if he had held on through the pump.

This $MUMU @mumu_bull trader sold all of his bag 4 days before the big pump. He got out with a +45% ROI for profits of $85,000.

He could have got a +300% to +350% ROI.

4RrzL34AuT3gBjJ3SfNrnAXdno7UcSn4TVFtzrNqTvnJ pic.twitter.com/db3kUPkHdF

— Solsniffer (@solanasniffer) July 25, 2024

A Large Trader Exchanged $2.4 Million Worth Of WIF For MUMU

In a significant move, a large investor recently exchanged $2.4 million worth of WIF for MUMU in a single transaction. This sudden swap triggered a dramatic increase in MUMU’s market cap, which briefly skyrocketed from $140 million to $820 million. Consequently, this whale has now become the fourth largest MUMU holder.

🚨JUST IN: A large investor recently exchanged $2.4 million worth of $WIF for $MUMU @mumu_bull in a single transaction. This sudden swap led to a significant increase in the market cap of MUMU, soaring from $140 million to $820 million for a brief period. As a result, the whale… pic.twitter.com/gGanrvl4th

— CoinEcho (@mycoinecho) July 25, 2024

The rapid appreciation of MUMU highlights the volatility and potential rewards in the cryptocurrency market. Such significant market moves often attract both retail and institutional investors looking to capitalize on the momentum. However, the quick entry and exit of large investors can also introduce heightened volatility and risk.

As MUMU continues to capture market interest, its future trajectory remains uncertain. Investors should remain cautious and conduct thorough research before making investment decisions. The recent events around MUMU underscore the importance of timing and strategy in the dynamic world of cryptocurrency trading.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

The post MUMU Experiences Explosive Growth With Massive 130% Pump appeared first on The Merkle News.

AAVE founder Marc Zeller recently proposed a fee switch aimed at buying back Aave tokens from the secondary market.

This move follows a similar strategy seen with $UNI, which saw its price double over 11 days following a revenue share proposal, with an initial 50% surge within the first hour.

Aave’s initial reaction has been more modest, with a 10% increase in the first hour, reflecting the tougher current market conditions.

$AAVE Fee switch proposal by founder Marc Zeller for buyback of Aave tokens from secondary market. $UNI pumped over 100% over 11 days on a revenue share proposal, with the first hour impulse being 50% straight through 1.5 year range highs. Aave impulse so far is 10% in the… pic.twitter.com/KvTdFFWMwC

— Frosty (@Stayfrosty100) July 25, 2024

On-chain data from Lookonchain reveals significant movements involving a major whale. This entity withdrew 1.43 million $UNI (approximately $10.3 million) from Binance and deposited it into Aave. The whale then borrowed 5.5 million $USDC from Aave and sent it back to Binance, indicating a potential long position on $UNI.

A whale withdrew 1.43M $UNI($10.3M) from #Binance and deposited it to #Aave 20 minutes ago.

Then borrowed 5.5M $USDC from #Aave and deposited it to #Binance.

The whale may be long $UNI.https://t.co/Y1KTyPAX38 pic.twitter.com/h6HymHshuA

— Lookonchain (@lookonchain) July 25, 2024

Asides AAVE Token Transfer Movements, Whales Eye $UNI and $ENA Tokens

The whale, identified by address 0x59a, has a notable history. Once ranked fourth in Blast staking, the whale opened a significant position of 1.43 million $UNI, valued at $10.3 million, with an average cost of around $7.18 per token.

This whale also accumulated 5.33 million $ENA tokens, worth approximately $5.84 million, at an average price of $1.09 earlier this year. Despite current market conditions resulting in a floating loss of $3.53 million on $ENA, the whale’s substantial resources enable them to endure these fluctuations.

曾经 Blast 质押排名第四的巨鲸 0x59a…0705D 一小时前首次建仓 143 万枚 $UNI ，价值 1030 万美金，成本价约 $7.18

该巨鲸还曾在今年四五月时以均价 $1.09 建仓了 533 万枚 $ENA （约 584 万美金），目前已浮亏 353 万美金🥹得亏大佬钱多，还扛得住…

钱包地址 https://t.co/pmjEkhhqtk https://t.co/jXPO6pq3Sq pic.twitter.com/AzmFgAacSv

— Ai 姨 (@ai_9684xtpa) July 25, 2024

The proposal by Zeller has generated considerable interest and activity, highlighting the potential for significant market impacts from strategic financial moves.

As the crypto market continues to evolve, these high-stakes plays by major investors underscore the dynamic nature of digital asset investments and the potential for substantial returns despite inherent risks. The ongoing developments around Aave’s fee switch and the activities of major whales like 0x59a will be closely watched by market participants.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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The post AAVE Fee Switch Proposal Sparks Market Activity appeared first on The Merkle News.

In an unexpected surge, the $HARRIS memecoin, themed around Kamala Harris, the 49th Vice President of the United States, has skyrocketed by over 2000% in the past 24 hours.

This impressive rally has propelled its market capitalization beyond the $4 million mark.

$HARRIS, the Kamala Harris-inspired memecoin, is now listed on #LBank!

Celebrate the 49th Vice President of the USA in a fun and unique way.

Ready to join the fun?

Start trading here https://t.co/jpWG0dOHP4Learn more:https://t.co/DEXikMoPrp#LBank #LBankAngel pic.twitter.com/2sOnYoworU

— Natalia (@Nataliaaly14) July 25, 2024

$HARRIS has garnered significant attention, especially from savvy traders. One such trader, identified by the address 0xf4055, has reportedly made substantial profits from this meme-inspired cryptocurrency.

This trader’s initial investment of approximately $605.89 in 33.2 billion $HARRIS tokens quickly paid off, as the coin’s value more than doubled. Realizing a return on investment (ROI) of an astounding 4432%, the trader made $147.46K in profits.

Smart Trader 0xf4055😎has made $147.46K profits (ROI= +4432%) with $HARRIS

Do you wonder what other #Meme that smart wallet has bought recently?

Read his trading history 🧵 and T@g your #Memecoin-addicted friends 😄

powered by https://t.co/kFF8LDumzs pic.twitter.com/8R88qPETrO

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 25, 2024

Trader Still Shows Confidence In $HARRIES And Some Other Cryptos

Despite selling after the initial price surge, the trader continued to demonstrate confidence in $HARRIS, repurchasing the token in four separate transactions and holding onto them since then. His portfolio also includes other cryptocurrencies such as $HARPER, $TIE, $NEWTON, $LWT, and $WIN.

The recent performance of $HARRIS highlights the speculative nature and volatile appeal of memecoins within the crypto market. Adding to its legitimacy, $HARRIS has recently been listed on LBank, a well-known cryptocurrency exchange, potentially attracting even more investors and traders.

As $HARRIS continues to capture the imagination of the crypto community, its meteoric rise underscores the unpredictable and often surprising trends in the world of digital currencies. Whether this momentum will sustain or taper off remains to be seen, but for now, $HARRIS stands as a testament to the speculative fervor driving the memecoin market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter  @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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The post $HARRIS Memecoin Soars Over 2000%, Market Cap Surpasses $4M appeared first on The Merkle News.