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šŸ”„šŸ”„šŸ”„Tesla's website adds DOGE as a payment option. Tesla explains on its website that for products that can be purchased with Dogecoin, you will see the Dogecoin symbol next to the order button, and you only need to transfer #DOGE to your Tesla Dogecoin wallet and make the payment. It also adds that products that can be paid with Dogecoin will be clearly displayed with Dogecoin prices (including taxes), and #Tesla only supports Dogecoin for virtual asset payments. #elonmusk #memecoins

šŸ”„šŸ”„šŸ”„Tesla's website adds DOGE as a payment option.

Tesla explains on its website that for products that can be purchased with Dogecoin, you will see the Dogecoin symbol next to the order button, and you only need to transfer #DOGE to your Tesla Dogecoin wallet and make the payment.

It also adds that products that can be paid with Dogecoin will be clearly displayed with Dogecoin prices (including taxes), and #Tesla only supports Dogecoin for virtual asset payments.

#elonmusk #memecoins

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šŸ˜±šŸ¦ˆšŸ¦ˆDogecoin: Whales' $130 million entry could lead to another rally Whale Investors Bought 820 Million DOGE in May 2024. At the time of writing, #DOGE has risen by over 0.15%, erasing last week's losses. While the retail campaign surrounding Gamestop has dominated the headlines of the crypto media, on-chain data shows that whale investors are imitating the #Dogecoin rally behind the scenes. The Centimeter graph below shows the cumulative balances held in whale wallets with a minimum balance of 1 million DOGE (~$150,000). This measurement mainly provides information about real-time fluctuations in the buying and selling trend of whale investors. As can be seen above, whales had a total of 57.06 billion DOGE in their possession as of May 1, 2024. On May 16, 2024, the assets of these whales had jumped to 57.9 billion DOGE. This means that crypto whales have achieved 822 million DOGE since the beginning of May 2024. Judging by current prices, whales has invested an additional $130 million, taking advantage of the bullish headwinds from Dogecoin's recent tie-ups with Tesla and Gamestop. The fact that whales make such large purchases during a rally usually intensifies the upward price movement for two main reasons. For one, the positive sentiment surrounding the whales' upward trend may encourage potential buyers who have been standing on the sidelines to join the fray. In addition, large volume purchases from these whales add a significant amount of liquidity to the markets and allow early profit Octobers to exit the market without dragging down Dogecoin prices. #Memecoins #binance
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šŸ˜±šŸ‡¹šŸ‡· The draft law regarding the legalization of crypto assets in Turkey will be presented to the Parliament today. The crypto law is being submitted to the Turkish Grand National Assembly today The AKP will present its legislative proposal for the identification of #crypto assets to the Turkish Grand National Assembly today at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with this proposal. The AKP will present its law proposal on the identification of crypto assets to the Turkish Grand National Assembly today at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with this proposal. The AKP will submit its law proposal containing the legal definition of crypto assets to the Turkish Grand National Assembly Presidency. AKP Group Chairman Abdullah GĆ¼ler will announce the details about the "Proposed Law on Amendments to the Capital Markets Law" at a press conference to be held at the Turkish Grand National Assembly at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with the proposal to be presented today. This arrangement also includes the last condition required for #Turkey to exit the gray list. Crypto assets will be defined as "intangible assets that can be created and stored electronically using distributed ledger technology or similar technology, distributed over digital networks, and can express value or rights". The FATF, which oversees the compliance of countries in the fight against financial crimes, had placed Turkey on the gray list in 2021 because it was insufficient in the fight against money laundering and the financing of terrorism. Turkey is compatible with 39 out of 40 standards and this regulation aims to eliminate the last deficiency in the crypto field. #Binance #BTC
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šŸ˜±šŸ”„The person who bought and sold Meme Coins on the Solana network earned 200 thousand dollars in 5 minutes During the 2024 bull season, especially the trades made through meme coins issued on the Solana network were the subject of discussion, while an investor managed to earn 1238 SOLS worth 200 thousand dollars from a meme coin that he deposited only 9 SOLS. This person made 137 times earnings in 5 minutes. the Solana-meme coin craze, which started with BONK in November of 2023 and then reached another dimension with WIF, continues at the same pace while the market is falling and rising. 137 floors in 5 minutes! An investor trading on the Solana network, on the other hand, started the transaction by depositing only 9 SOL tokens (about $ 1470), which earned him a fortune, albeit a small one, in 5 minutes. This person received 28.5 million TOBI tokens with 9 SOL. After the TOBI price rose sharply, the investor who sold in 5 minutes sold all the tokens and increased 9 #SOL tokens to 1238 units. Recently, such gains have started to be seen frequently, especially on the Solana network, while it was noteworthy that many traders made purchases in seconds when the project team loaded liquidity. This was also the biggest indicator that insider information was received. Although there does not seem to be such a situation in the #TOBI token at the moment, many crypto investors agree that this trade is a clear manipulationā€¦ #Memecoins #binance
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šŸ”„šŸ’„Shiba Inu to Sponsor Canadaā€™s Largest Web3 Event #ShibaInu is a sponsor of the Blockchain Futurist Conference in Canada this August, with the latest disclosure coinciding with a 9.72% rise in #SHIB ā€™s price to $0.00002545. Shiba Inu is making headlines again with its role in the upcoming Blockchain Futurist Conference, Canadaā€™s largest blockchain event which encompasses ETHToronto and ETHWomen, scheduled for August 13-14, 2024, in Toronto. This follows their recent participation in the TOKEN2049 conference in April. The Shib Army and crypto enthusiasts may also hear from Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, who is expected to speak virtually at the conference. Complimentary Access to the Conference This pivotal blockchain event in Canada will feature renowned speakers, exhibitor booths, and extensive networking opportunities, providing valuable insights into the latest trends and industry connections. Notably, ETHToronto 2024 will cater to both experienced developers and newcomers, offering workshops, mentorship sessions, and hackathon challenges. The event will have a hybrid format, with virtual participation starting on July 1, and live activities at the Rebel Entertainment Complex on August 13 to 14. This edition also promises an immersive experience with virtual components leading up to the in-person event. Participants can engage in online workshops and network with experts from July 1. The main event on August 13 to 14 will feature workshops, mentorship sessions, networking opportunities, and the inaugural ETHWomen event, aimed at empowering women in the blockchain space. Shiba Inu Previous Sponsorships Earlier this year, Shiba Inu actively participated in the TOKEN2049 conference held in Dubai on April 18-19 as a gold sponsor. This involvement allowed the Shiba Inu ecosystem team to engage with other participants and showcase the potential of decentralization. #Memecoins #binance
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šŸ”„šŸ’„FLOKI Price Explodes: Here Are 4 Reasons Why Whatā€™s Fueling FLOKIā€™s Ascent? The popular meme coin ā€“ #floki (FLOKI) ā€“ recently experienced a substantial price increase, spiking by 17% on a 24-hour scale and 32% weekly. Currently, it trades at around $0.0002222 (per CoinGeckoā€™s data), a figure last observed at the start of April. One factor possibly contributing to FLOKIā€™s rally is the overall resurgence of the meme coin sector. As CryptoPotato reported, PEPE hit a new all-time high today (May 15), while Dogecoin (DOGE), Shiba Inu (SHIB), Bonk Inu (BONK), and many others are well in the green. The next element worth mentioning is the rising adoption of FLOKI. The global neobank and financial technology company ā€“ Revolut ā€“ added the asset to its business program, while Binance Thailand also allowed trading services with it. ā€œThis listing will significantly enhance accessibility to FLOKI in Thailand and help accelerate its vision of being the worldā€™s most known and most used cryptocurrency,ā€ the team behind the meme coin argued. Last but not least, the Floki DAO introduced proposal on whether or not to burn over 15 billion tokens. Removing a substantial amount of assets from circulation will make FLOKI scarcer and potentially more valuable in time (assuming demand stays the same or increases). Another meme coin that has adopted a similar burning mechanism is the second-largest by market capitalization ā€“ Shiba Inu (SHIB). Is There More Room for Growth? Despite the recent price surge, multiple analysts believe FLOKI is just gearing up for a real bull run. The X user Nite thinks the assetā€™s chart has flashed ā€œbuy signalā€ for the first time since February. Another member of the social media platform described the breakout as ā€œexpected,ā€ envisioning additional pump to as high as $0.00065. FLOKI is currently the fifth-biggest meme coin, with a market cap of over $2 billion. The ones leading the pack are Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and dogwifhat (WIF). #Memecoins #binance #altcoins
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