Binance Square
LIVE
LIVE
Bilal Ashraf
--2.5k views
🚨🚨 Shiba Inu Outshines Bitcoin In 🇮🇳 India Amid Meme Coin Frenzy On Premier Domestic Platform named as wazirx. Meme tokens like Shiba Inu , Pepe (PEPE), and Floki (FLOKI) have captured the attention of Indian investors, dominating the trading scene on WazirX, one of India’s premier crypto exchanges. What Happened: In an interesting shift in the cryptocurrency market, aside from Bitcoin, all of the top five traded tokens on WazirX for March were meme coins, with SHIB leading the pack. The statistic underscores a growing fascination with meme-based cryptocurrencies among Indian traders, particularly as tighter regulations on foreign exchanges have bolstered local platforms. $BTC $USDC $ETH #SHIB🔥🔥 #FLOKI🔥 #PEPEGrowth

🚨🚨 Shiba Inu Outshines Bitcoin In 🇮🇳 India Amid Meme Coin Frenzy On Premier Domestic Platform named as wazirx.

Meme tokens like Shiba Inu , Pepe (PEPE), and Floki (FLOKI) have captured the attention of Indian investors, dominating the trading scene on WazirX, one of India’s premier crypto exchanges.

What Happened: In an interesting shift in the cryptocurrency market, aside from Bitcoin, all of the top five traded tokens on WazirX for March were meme coins, with SHIB leading the pack. The statistic underscores a growing fascination with meme-based cryptocurrencies among Indian traders, particularly as tighter regulations on foreign exchanges have bolstered local platforms.

$BTC $USDC $ETH

#SHIB🔥🔥

#FLOKI🔥

#PEPEGrowth

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@bilalashraf

Explore More From Creator

--
📢💥 How Roaring Kitty’s wealth went from $53,000 to nearly $300 million — and could one day top $1 billion 🔥 Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill’s net worth is over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot of his portfolio Monday night, showing he held onto his 5 million shares of GameStop and 120,000 call options even after a 21% rally. He made a whopping $79 million on paper on Monday — a single trading day. Gill, whose handle is “DeepF------Value” on Reddit and “Roaring Kitty” on YouTube and X, started sharing his GameStop position in September 2019 with a $53,000 stake, encouraging a band of retail traders to squeeze out short-selling hedge funds. By the end of the jaw-dropping episode in April 2021, Gill exercised his call options position to have 200,000 common shares. The size of his positions dramatically increased when he resurfaced online three years later. Meanwhile, GameStop, a stock he originally bought because he thought it was a deep-value bet, is still struggling with shifting away from brick-and-mortar video game purchases to e-commerce. “The most successful players are those that are just out of their minds. You have to be made of something different to trade like that,” said Michael Khouw, co-founder and chief strategist of OpenInterest.PRO. “You would never see a professional trader make those kinds of numbers,” Khouw added. “Most of our risk managers would have come down on this way before you ever got to something swinging around like this. It’s just unimaginable.” Gill could run into some trouble, though. The Wall Street Journal reported that Morgan Stanley’s E-Trade broker was considering booting him because of the worry that what he was doing could amount to market manipulation.  $BTC $BNB #altcoins #MicroStrategy #BTC #ETFvsBTC #EarnFreeCrypto2024
--
🛑🚀Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap 🚀🚀 A meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap after surging 200% over the past 30 days. The aptly named DOG•GO•TO•THE•MOON (DOG) token spawned on April 20 during the bitcoin halving event. It became "Rune Number 3" and has since become the largest meme coin on Bitcoin and the seventh-largest meme coin across the crypto market. The largest, dogecoin (DOGE), has a market cap of $23 billion. DOG's rise comes on the back of a flurry of meme-coin activity with the likes of SHIB, PEPE and FLOKI all adding billions of dollars to their market caps since the start of the year. While most other meme coins are issued on super-fast blockchains like Solana and Base, DOG is helping establish Runes as a legitimate Bitcoin layer-2 network despite the cumbersome nature of the Bitcoin blockchain. Runes is essentially a way of making transactions cheaper and faster than the Ordinals Protocol, which embeds data into the Bitcoin blockchain by inscribing information into small Bitcoin-based transactions. DOG has racked up close to $100 million in trading volume over the past 24 hours as traders begin betting on whether a Bitcoin-based meme coin could emulate the success of established equivalents on other chains. It's worth noting that meme coins are highly volatile assets as they ebb and flow based on social media narrative and not on an underlying use case. Following its launch, DOG slumped by more than 60% in three weeks before embarking on its recent rally. $BTC #btc70k #altcoins #BTC #ETHETFsApproved #ETFvsBTC
--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs