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Roxane Solan fKi2
Bullish
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🥳💥💥Shiba Inu (SHIB) has emerged as the dominant cryptocurrency in India, surpassing even Bitcoin (BTC) and Dogecoin (DOGE)🐕 in trading volume on the WazirX exchange. Its popularity among Indian traders has steadily grown, making it the most traded token for consecutive months. 🤑🤑This surge in SHIB's popularity reflects the strong preference of Indian crypto enthusiasts for this meme-inspired coin.🌟#CryptoWatchMay2024 #BTC #DreamBigCryptoStrong #Dogwifat $ETH $BNB $$BTC

🥳💥💥Shiba Inu (SHIB) has emerged as the dominant cryptocurrency in India, surpassing even Bitcoin (BTC) and Dogecoin (DOGE)🐕 in trading volume on the WazirX exchange. Its popularity among Indian traders has steadily grown, making it the most traded token for consecutive months.

🤑🤑This surge in SHIB's popularity reflects the strong preference of Indian crypto enthusiasts for this meme-inspired coin.🌟#CryptoWatchMay2024 #BTC #DreamBigCryptoStrong #Dogwifat $ETH $BNB $$BTC

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🚨🚨Attention 🚨🚨 👉A cryptocurrency user created a new wallet about a day ago and transferred 661 SOL, valued at $116,000, to it via Binance. Shortly after, the user spent all of this to purchase 1.94 million HARAMBE memecoins. 🤑 👉This large purchase happened just before Elon Musk tweeted about HARAMBE. Notably, #Dogecoin's 🐕mascot dog, Kabosu, passed away at 18. Following this, Elon Musk tweeted that Kabosu and Harambe, a well-known gorilla, went to heaven together. 🤹‍♀️📉 👉This tweet led to a roughly 30% increase in the price of HARAMBE #memecoin. Although the profit from this transaction was small, the timing raises questions about how the user knew to buy HARAMBE before Musk's tweet.🍭🧁$ETH $BTC $DOGE
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🐸🐋Pepe Whales are reportedly sitting on substantial paper profits, totaling over $90 million, since the memecoin's launch last month. 👉According to Lookonchain, the top 15 Pepe whales collectively hold gains worth $92.6 million. Despite its humorous origins and the website's disclaimer that $PEPE has no intrinsic value or expectation of financial return, these large holders have seen significant increases in value.🤠 👉The coin, inspired by the Pepe the Frog cartoon, has surged in price, benefitting early investors. The top 15 whales, who own about 9% of the total supply (over 38 trillion Pepe coins), bought in at an average price of $0.0000000853 each. With the current price around $0.00000224, they have realized a 2,526% gain according to CoinGecko data. 💰 👉Among these top holders, two have paper profits exceeding $11 million each, and others have gains ranging from $2.9 million to $6.9 million. However, one whale's address has been blacklisted, preventing any cash-out. 💵🤑 👉The rise of Pepe has been part of a broader meme coin trading frenzy. For example, 🐕Dogecoin saw increased activity when Elon Musk temporarily changed Twitter’s icon to the Doge image.🐕 Though most Pepe profits remain unrealized, Lookonchain reports that three whales have sold their tokens, securing between $1 million and $4 million. Six whales have not sold any tokens so far💨.#PEPE‏ #EarnFreeCrypto2024 #PEPE‏
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### Millions of "Pepe" Destroyed Daily: 🔥Key Implications🔥 1. **Supply Reduction**: The daily destruction of millions of coins leads to a significant reduction in their total supply. This decrease can boost demand and potentially increase the value of $PEPE coins due to their heightened scarcity🏫. 2. **Deflation Mechanism**: The rapid destruction rate of "pepe" indicates that the deflationary mechanism of the $PEPE coin is working effectively. This helps manage inflation, stabilize the currency, and attract more investors.👾 3. **Market Sentiment**: There is a positive correlation between the rate of "pepe" destruction and market sentiment. This could result in increased investor confidence in the future o coins, potentially driving up their price.🤖 4. **Project Sustainability**: Maintaining a sustainable destruction process is vital for the long-term success of the $PEPE project. Overzealous destruction could lead to liquidity issues or other problems, potentially jeopardizing the project's future.🕵️‍♂️ The unique destruction mechanism of PEPE coins is designed to maintain market scarcity.#PEPEATH #PEPE‏
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🔴Here's an update on DOKY:🔴 👉The recent sell-off was primarily early buyers cashing out, which isn't a big concern as long as the developer isn't selling. There's a minor resistance around 1072, or a $1 million market cap. 👉Once the price surpasses this level, it should easily reach new highs. Personally, I haven't sold any of my holdings. I'm comfortable with the risk and only invested what I can afford to lose. It's a gamble between ending up with nothing or becoming a millionaire with this #memecoin . 🚀🚀🚀#MemeWatch2024 $SOL $BTC $ETH
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