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😱😱😱Meme Coins Explode in the First Quarter of 2024 as the Number of Traders Reaches a Record Level Coingecko's recent study shows that the most popular crypto narratives are the 1st of 2024. It shows its performance in the quarter. March January 1st and March 31st Dec analysis focused on the narratives based on the platform's data on the average daily price returns of the 10 largest tokens in the quarter. The study reveals that meme coins were the most profitable crypto currency of the quarter and recorded the highest average return with 1,312.6%. Also, 1. Three of the top performing meme coins at the end of the quarter were projects launched only in March, including the MEME BOOK (#BOME ), Cat in the Dog World (MEW) and Brett (BRETT). Other similar meme coins have also been constantly referenced on social media, as community members and experts post price estimates, speculation or report on their pumps. In addition, cryptocurrencies at the pre-sale stage, such as Dogecoin20 (DOGE20), have attracted significant interest from investors. This is an environmentally friendly take on the traditional #Dogecoin running on Ethereum. DOGE20 raised over $10 million in a few days before the sale. Meme Coins Traders Hit An ATH The meme coin sector has exploded in 2024, not only in terms of interest and financing, but also in terms of the number of new meme coin traders. The number of new projects, combined with stories about light-changing acquisitions and high percentages of projects such as the MEME BOOK and Dogwifhat, may have played a role in attracting new buyers. #Memecoins #binance

😱😱😱Meme Coins Explode in the First Quarter of 2024 as the Number of Traders Reaches a Record Level

Coingecko's recent study shows that the most popular crypto narratives are the 1st of 2024. It shows its performance in the quarter. March January 1st and March 31st Dec analysis focused on the narratives based on the platform's data on the average daily price returns of the 10 largest tokens in the quarter.

The study reveals that meme coins were the most profitable crypto currency of the quarter and recorded the highest average return with 1,312.6%.

Also, 1. Three of the top performing meme coins at the end of the quarter were projects launched only in March, including the MEME BOOK (#BOME ), Cat in the Dog World (MEW) and Brett (BRETT).

Other similar meme coins have also been constantly referenced on social media, as community members and experts post price estimates, speculation or report on their pumps.

In addition, cryptocurrencies at the pre-sale stage, such as Dogecoin20 (DOGE20), have attracted significant interest from investors. This is an environmentally friendly take on the traditional #Dogecoin running on Ethereum. DOGE20 raised over $10 million in a few days before the sale.

Meme Coins Traders Hit An ATH

The meme coin sector has exploded in 2024, not only in terms of interest and financing, but also in terms of the number of new meme coin traders.

The number of new projects, combined with stories about light-changing acquisitions and high percentages of projects such as the MEME BOOK and Dogwifhat, may have played a role in attracting new buyers.

#Memecoins #binance

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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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🫨🔥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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🫨💥Shiba Inu: If 50 Trillion SHIBs Are Burned Every Year, Could SHIB Reach $0.1? #ShibaInu (#SHIB ) is one of the most popular cryptocurrencies on the market. The asset turned many early investors into multimillionaires. Since its launch in August 2020, the price of SHIB has increased by millions of percent. However, the popular dog-themed cryptocurrency has had a difficult time gaining momentum after its peak in 2021. One of the main obstacles to the price of SHIB is the large supply. There are about 589 trillion SHIB tokens in circulation. If the price of the asset rises too much, the market value of the project becomes too large to be realistic. Therefore, the project needs to reduce its supply in order to be able to target higher prices. Despite the fact that Shiba Inu (SHIB) is a burning portal, it does not burn as many tokens as necessary to achieve higher prices. However, 2 of the SHIB. with the launch of the layer network Shibarium, there is a lot of talk about the increase of burns. Shiba Inu: What Happens If 50 Trillion SHIB Tokens Are Burned Every Year? If Shiba Inu (SHIB) burns 50 trillion tokens a year, it can eliminate 90% of the tokens in circulation in a few years. The asset will have about 49 trillion tokens in circulation on the market. This can only help SHIB to reach a price point of about US$0.0001 to US$0.0003 Dec. In addition, SHIB's chief developer Shytoshi Kusama said that the burns alone will not raise the price of the asset. The asset also requires an increase in demand. Low supply and high demand are the trick to raising prices. However, although this task is difficult, it is not impossible. Shiba Inu (SHIB) has come a long way in its two and a half year history. It's a young project that still has a lot of room to grow. On the other hand, SHIB's competitor Dogecoin (DOGE) has been on the market for more than a decade. #memecoins #binance
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