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😱🔥Tron Founder Justin Sun Endorses Dogecoin, Shiba Inu Floki, and Other Meme Coins Tron DAO founder and CEO Justin Sun endorsed Dogecoin (#DOGE ), #ShibaInu (SHIB), Floki (FLOKI) and other meme coins at the latest Token 2049 conference. Sun believes that meme coins are the "first thing" that separates the crypto industry from traditional finance. He also encouraged the development of such meme coin projects. Tron CEO Supports Dogecoin, Shiba Inu and Floki In a post on X, Sun posted a clip from the Token 2049 Dubai conference speaking in favor of meme coins. In the clip, the founder of Tron expresses his admiration for all the meme coins with different animal logos. Moreover, he offered to specifically mention Shiba Inu and Floki. Sun also pointed out the best meme coins, which have reached a huge market capitalization of over $ 10 billion. He also underlined that this valuation does not make sense for those who support traditional finance. However, Sun believes that behind this huge market capitalization is the "fair launch and community engagement" that are an integral part of the crypto space. Also, the Tron CEO underlined that launching a successful meme coin is "as difficult as creating a good crypto project". Also, to highlight the reach of meme coins, Tesla CEO Elon Musk emphasized that he continues to support Dogecoin. Also, Sun labeled DOGE as one of the "best crypto brands". Justin Sun Believes in the Rise in Meme Coins In addition, the founder of Tron also expressed his bullish expectation regarding meme coins. He noted that each bull cycle will have its own meme money that will outshine the others, just like Shiba Inu did this time. The Sun captured the essence of the incident with a brief explanation while sharing the video. He wrote: "Meme coins may seem unusual but they highlight the power of community in crypto. Creating a successful project, whether meme-based or not, requires dedication. Let's see what the next bull cycle brings!” #Memecoins #JustinSun #floki

😱🔥Tron Founder Justin Sun Endorses Dogecoin, Shiba Inu Floki, and Other Meme Coins

Tron DAO founder and CEO Justin Sun endorsed Dogecoin (#DOGE ), #ShibaInu (SHIB), Floki (FLOKI) and other meme coins at the latest Token 2049 conference. Sun believes that meme coins are the "first thing" that separates the crypto industry from traditional finance. He also encouraged the development of such meme coin projects.

Tron CEO Supports Dogecoin, Shiba Inu and Floki

In a post on X, Sun posted a clip from the Token 2049 Dubai conference speaking in favor of meme coins. In the clip, the founder of Tron expresses his admiration for all the meme coins with different animal logos. Moreover, he offered to specifically mention Shiba Inu and Floki.

Sun also pointed out the best meme coins, which have reached a huge market capitalization of over $ 10 billion. He also underlined that this valuation does not make sense for those who support traditional finance. However, Sun believes that behind this huge market capitalization is the "fair launch and community engagement" that are an integral part of the crypto space.

Also, the Tron CEO underlined that launching a successful meme coin is "as difficult as creating a good crypto project". Also, to highlight the reach of meme coins, Tesla CEO Elon Musk emphasized that he continues to support Dogecoin. Also, Sun labeled DOGE as one of the "best crypto brands".

Justin Sun Believes in the Rise in Meme Coins

In addition, the founder of Tron also expressed his bullish expectation regarding meme coins. He noted that each bull cycle will have its own meme money that will outshine the others, just like Shiba Inu did this time.

The Sun captured the essence of the incident with a brief explanation while sharing the video. He wrote: "Meme coins may seem unusual but they highlight the power of community in crypto. Creating a successful project, whether meme-based or not, requires dedication. Let's see what the next bull cycle brings!”

#Memecoins #JustinSun #floki

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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🔥💥Ripple: Analyst Predicts XRP To Surge 250%, Hit $1.88 Target After the sudden price increase of Bitcoin, altcoins are following instead and literally rising above the event. XRP is also relying on the current price momentum and has risen by about 0.53% to trade at a significant level of $ 3. Analyst Opinions on #Ripple : Is $1.88 on the Cards for XRP? According to Dark Defender, a notable crypto analyst at X, Ripple is preparing to rise by 250% to reach $.1.88 soon. The expert's ambitious claim stems from the recent price increase of #XRP , which helped the token pass the $0.50 price level. $XRP , which is called the first Fibonacci resistance level, has passed the $ 0.50 mark, which can be called a very important crossroads for the token to cross and reconcile. According to the expert, given the structure and momentum supporting its rise towards $ 1.88, an XRP price rally is expected at any time. "Hello everyone. We started the week by breaking the first weekly resistance. #Xrp has no barriers up to $0.6044, which is the first Fibonacci resistance. We were expecting to see it last week but it was quiet again. Let's see how it goes this week. As we all know, this structure aims at $ 1.88 first.“ What Do the Technical Platforms Offer? While Dark Defender's compelling analysis is stirring up hopes in the crypto community, technical platforms such as CoinCodex are envisioning a new narrative. According to the platform, XRP could rise to $ 0.64 by June 20, and then investors can hope to see a very significant price movement for Ripple. "The price of xrp may increase by 20.70% until June 20, 2024 and reach $ 0.646569. According to our technical indicators, the current sentiment is neutral, while the Fear and Greed Index shows 76 (excessive greed). XRP has recorded a 13/30 (43%) green day with a price volatility of 2.38% in the last 30 days.” According to Coincodex, Ripple could reach $1 by the end of 2024 and trade around $1.66 in the process. #altcoins #binance
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😱🚀🚀Bonk Price Breaks 2-Month Consolidation Amid Market Rally, What’s Next? #BONK Memecoin Targets $0.000047 After Breaking Key Resistance The cryptocurrency market experienced nearly $400 million in liquidations over the past 24 hours, according to data highlighted by Dominando Cripto. The majority of these liquidations were from short positions, with Bitcoin and Ethereum alone accounting for $218 million of the total. Current market data shows $69.12 billion in open interest, reflecting the total number of outstanding derivative contracts yet to be settled. The volume in the past 24 hours reached $212.01 billion, and the liquidation volume hit $387.26 million. Notably, the market’s long-short ratio stands at 2.46, indicating a significant increase and demonstrating a strong inclination towards long positions. The $BONK memecoin entered its current recovery trend in late April, after maintaining a price above $0.000013. The bullish turnaround propelled the asset value 148% to currently trade at $0.0000328. An analysis of daily charts shows the recovery developed an inverted head and shoulder pattern— a chart setup often interpreted as the bottom formation and a precursor for prolonged recovery. Amid the market excitement around the potential approval of ETH ETFs, the BONK price recorded a 7.8% jump today and breached the neckline resistance of $0.00003. If the Bonk price sustains a recent breakout, the buyers will obtain a suitable footing to prolong its rally to $0.000047, followed by $0.0000712. Technical Indicator: Exponential Moving Average: A sharp upswing in daily EMAs(20, 50, 100, and 200) indicates the buying activity is aggressive among traders. Average Directional Index: The daily ADA slope rising 23% suggests the buyers have sufficient momentum to lead a higher rally. #binance #memecoins #altcoins
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