Get started

Memecoin

Market Update - March 15 2024 BTC price hits new all-time high; surpassing silver’s market cap: Bitcoin (BTC) captured new all-time highs hitting $73.6K this week, making it the eighth largest asset by market capitalization globally. On March 12, spot BTC exchange-traded funds (ETFs) saw a record SEED_TVCODER77_ETHBTCDATA:1B of net inflows; with Blackrock’s IBIT taking in $849Mof inflows. Additionally, the London Stock Exchange indicated they will start to accept applications to list BTC and ether (ETH) exchange traded notes during the second quarter of this year. Ethereum completes biggest upgrade in almost a year; ETF odds lower: The highly anticipated Ethereum ‘Dencun’ upgrade was successfully implemented on Ethereum’s mainnet. The upgrade is designed to catalyze growth on layer-2 networks by lowering data fees and enhancing scalability. Meanwhile, Bloomberg analysts have significantly lowered the probability of a spot ETH ETF approval by the SEC to 30%, citing the agency's lack of engagement and concerns over ETH’s regulatory classification. Consumer prices rise more than expected as inflation persists: In February, prices in the United States for shelter and gas rose more than expected, likely impacting hopes for Fed rate cuts. With the February Consumer Price Index showing a 0.4% monthly increase and a 3.2% annual gain, markets are expecting the Federal Reserve will keep rates unchanged next week and start cutting rates in June, based on implied futures pricing. Memecoins and altcoins show strength: PEPE, WIF, and FLOKI led the way for memecoins with double digit percentage performance over the last 7 days. Other altcoins related to artificial intelligence, such as NEAR, RNDR, GRT, THETA, and FET, also posted double digit percentage gains over the same period. Layer one tokens such as AVAX, INJ, and RUNE posted double digital gains, and Solana registered an all-time high in daily new addresses, at over 691K. 🔒 Topic of the Week: Passkeys 👉 Read more here
GEMINI:BTCUSD
by Gemini
Pepe Coin Leaps 10% as Elon Musk's Tweet Sparks FrenzyIn a whirlwind of excitement, CRYPTOCAP:PEPE , the frog-themed meme coin, surged by 10% in a single day, fueled by significant whale movements and a tweet from none other than Elon Musk. As the crypto community braces for potential shifts. Elon Musk's Pepe Tweet: The catalyst for Pepe's meteoric rise came in the form of a tweet from Elon Musk, featuring the iconic Pepe meme. Musk's cryptic caption, "sharing memes with frens," ignited speculation about his potential interest in Pepe, adding fuel to the already blazing fire of meme coin fervor. Whale Movements and Market Dynamics: Amidst Musk's tweet, significant whale movements added to Pepe's momentum. Whale Alert data revealed massive transfers of CRYPTOCAP:PEPE tokens, with billions worth of tokens changing hands between exchanges. Furthermore, a large whale depositing a substantial amount of PEPE tokens to OKX sparked further intrigue, indicating substantial activity surrounding the meme coin. Growing Utility and Adoption: Beyond speculative trading, CRYPTOCAP:PEPE is gaining traction in real-world utility. Blockchain payments firm Zypto Pay announced integration with CRYPTOCAP:PEPE tokens, allowing users to utilize them for day-to-day spending. This adoption signals a maturation of the meme coin ecosystem, enhancing its relevance beyond the realm of memes. Speculation and Investment Surge: Elon Musk's tweet acted as a catalyst for a surge in speculation and investment in $Pepe. Derivatives data analysis revealed a significant uptick in trading volumes and open interest, indicating heightened interest and activity surrounding the token. As Pepe gains momentum, the crypto community eagerly anticipates whether it can sustain its upward trajectory and potentially shed a zero from its price.
Long
by DEXWireNews
1
🔥 FLOKI Insane Cup & Handle Pattern: Fibonacci Entry!FLOKI has seen incredible gains over the last few weeks, gaining over 800% in the last 2 months. However, I think that FLOKI is due to a minor correction. The correction is caused by both FLOKI being incredibly overbought, as well as the fact that it hit it's previous all-time high resistance area. I'm aiming for a retest of the Fibonacci Golden Pocket area between the 0.382 and the 0.5 retracements, a 30-40 percent correction from here. It might sound like a lot, but if you look at the chart FLOKI has seen multiple weeks where it corrected over 30% in a single week. Consequentially, this might pose a very good entry point for investors which have been waiting for a good entry.
Long
by FieryTrading
5
🔥 WIF: Newest Memecoin Reversal SignalWIF is one of the newer memecoins on the market and is placed in an illustrous list together with the likes of PEPE, DOGE, SHIB, FLOKI etc. As of earlier today, WIF has successfully confirmed the reversal from the bottom support of the parallel channel. This, together with an oversold RSI (for the first time since it hit Binance!) has convinced investors of a pending reversal. Stop under the most recent swing low, target at the top resistance. You can potentially turn this trade into a long-term one if the price breaks through the top resistance.
Long
by FieryTrading
2
So you want some Lady? Here is the opportunity (a short thread)Disclaimer for anyone reading this: This analysis here is done with a sprinkle of TA, but a majority of market psychology and institutional strategy. Right now Lady is on a RIP. I know that feeling, waiting for a correction only to wake up to your watch list continuing to sky rocket. How the hell are you supposed to enter a coin with the candle looking like this. Well, here we go 1.) if you believe in Wyckoff, this coin is done with accumulation. It currently is in its "spring" stage. Now in every "spring" there is a retest of the levels. I am very confident that we will retrace at least to the low .20s or if we are lucky the 16-18s, these meme coins move up like GOD, but they also move down like your crazy ex gf that gave you the best experience of your life. This coin is on the brink of getting listed on binance futures. Right now, a lot of big money is buying this up only to short it in due time. Our moment to build a bigger long position is close. a 20% draw down is in the cards, question is will you have enough capital to capture it to give you the gains you are looking for. This coin is hovering around 100M as I am writing this. Pepe is over 1B and so is Doge, so we have a frog coin and we have a dog coin. All we are missing is a lady ;) Prepare for a nice sell off in April right before the halving. This is CERTAIN. You do not think that insitutions are praying on retail for this sell the news event? Yeah who cares, btc supply gets cut 50% but when you have hundred of millions of dollars you can care less entering at 72K or 85K btc price. They are okay with the halving event, they will get their coins. But my friends, so will you. Happy trading April is the moment. I will write the next article when my thesis comes true. AS it always has on this coin. Thanks for taking the time to read this Go females
by kiashedgefund
SHIB Holders Realize Nearly $373 Million ProfitsShiba Inu ( CRYPTOCAP:SHIB ), the infamous meme coin, has captured the attention of crypto enthusiasts once again with a staggering 55% surge in its price on a weekly timeframe, hitting a year-to-date high of $0.00004567. While the cryptocurrency market experiences a wave of volatility, CRYPTOCAP:SHIB stands resilient, sustaining its gains and defying profit-taking pressures. The recent rally in CRYPTOCAP:SHIB price coincides with Bitcoin and Ethereum's resurgence in 2024, signaling a broader trend of capital rotation within the crypto space. As investors seek alternative avenues for profits, meme coins like CRYPTOCAP:SHIB , along with AI, metaverse, and gaming tokens, emerge as attractive options for speculative investments. Key Catalysts Driving SHIB's Rally At the forefront of CRYPTOCAP:SHIB 's price surge is the relentless pursuit of ecosystem expansion by its lead developer, Shytoshi Kusama. Kusama's efforts to secure the listing of ecosystem token BONE on Binance have injected optimism into the CRYPTOCAP:SHIB community, fueling bullish sentiment and driving demand for the meme coin. Furthermore, the recent burning of 13 billion CRYPTOCAP:SHIB tokens, worth $463,000, on March 9, underscores the commitment to reducing the circulating supply of SHIB, thereby potentially increasing its scarcity and perceived value among investors. Navigating Volatility: Opportunities Amidst Challenges Despite facing significant profit-taking activities, CRYPTOCAP:SHIB price managed to sustain above the psychologically important support level of $0.000030, signaling resilience and investor confidence in the project's long-term prospects. Moreover, SHIB's ability to rebound from a notable dip on March 3, offering a lucrative "buy the dip" opportunity to traders, highlights the underlying strength and resilience of the meme coin amidst market fluctuations. Looking Ahead: Potential for Further Upside With £SHIB's weekly gains of 55% and a reduction in selling pressure as reflected by the decline in CRYPTOCAP:SHIB supply on exchanges, the meme coin is poised for further upside potential. As buying pressure continues to support SHIB's price momentum, investors anticipate a continued climb towards its year-to-date high.
COINBASE:SHIBUSDLong
by DEXWireNews
4
PEPE Manipulation ShakeoutShakeout: PEPE recently made a sharp decline, breaking through the lowest level on the chart. This movement was probably artificially created to force out weak hands and leveraged traders. Double bottom: After the shakeout, PEPE formed a double bottom pattern. This pattern often indicates a trend reversal and a possible price increase. Liquidity manipulation: A sharp decline and the subsequent formation of a double bottom pattern can be a manipulation to force traders out of the market and capture their liquidity. This article will delve deeper into identifying various chart patterns indicative of market manipulation, providing you with the knowledge to protect yourself and make informed trading decisions. 1. Pump and Dump Schemes: Pump: A coordinated effort to artificially inflate a coin's price, often through social media hype and fake news. Indicators: Rapid price increase: Unusually sharp and sustained price increase without significant news or market events. Low trading volume: Price rise accompanied by low trading volume suggests artificial inflation. Social media frenzy: Coordinated social media posts and endorsements promoting the coin. Dump: Once the price reaches a desired level, the manipulators sell their holdings, causing the price to plummet. 2. Wash Trading: Fake trading: Creating the illusion of high trading volume by buying and selling between controlled accounts. Indicators: High volume with low price volatility: Large trading volume without a corresponding change in price suggests wash trading. Spikes in trading volume: Sudden and unexplained spikes in trading volume may indicate wash trading. Order book imbalance: Uneven distribution of buy and sell orders, with a significant imbalance favoring one side. 3. Fake Breakouts: Manipulation: Creating a false impression of a breakout to trap traders into buying or selling at manipulated prices. Indicators: Low volume breakouts: Breakouts accompanied by low trading volume are often false. Retracement after breakout: A sharp retracement following a breakout suggests a false signal. Failed retests: Inability to sustain a breakout level after a retest indicates a weak breakout. 4. Stop Loss Hunting: Manipulation: Driving the price towards stop-loss orders to trigger a cascade of sell-offs and further drive down the price. Indicators: Price movement towards support/resistance: Price approaching significant support or resistance levels where stop-loss orders are likely placed. Sudden price spikes: Sharp and unexpected price movements may be attempts to trigger stop-loss orders. Increased trading volume: Spikes in trading volume coinciding with price movements towards stop-loss levels.
Long
by Yaroslav_Krasko
2
PEPEUSDT: Break-out Potential BINANCE:PEPEUSDT : Potential Break-out After Strong Week for Meme Coins Following a fantastic week for Meme coins enthusiasts PEPEUSDT is showing signs of a potential breaking out. The current price movement could be a setup for a down trend and, neutral trend after downward, as depicted in this image (which is just one of many possibilities). Why to Watch For: Will PEPEUSDT continue its upward momentum? Or will it settle into a Down-trend and neutral trend, as suggested by the image? Remember: Technical analysis can provide insights, but it's not a guarantee of future performance. Do your own research before making any trading decisions.
by Arash-RK
🔥 SHIBA Bull-Flag: Patience For Break!Together with many memecoins, SHIB has seen a siginifficant bullish move lately. However, SHIB has been consolidating for a few days at this point. In the process, a bull-flag pattern has been formed. For this signal we're going to wait for SHIB to break through the top of the pattern and place our stop below the most recent swing low. Target at 7500. I don't think the memecoins have stopped, but are merely preparing for their next leg up.
Long
by FieryTrading
16
Market Update - March 7, 2024 BTC ATH breaks historical four-year halving cycle trend: Bitcoin (BTC) broke above the $69,000 mark this week, setting a new all time high of $69,324 on Tuesday morning. Despite common consensus of a post-halving bull run in the cards, like others that occurred in past four-year cycles, the market appears to be responding positively to the upcoming BTC halving and moving earlier than anticipated. ETH holds firm despite sell off and ETH ETF delays: A sell-off following the BTC price run, as well as the SEC’s announcement to delay the decision deadlines on the spot Ethereum (ETH) ETF applications from Blackrock and Fidelity, had little impact on the price of ETH, with the market focusing on the anticipated launch of the network's Dencun upgrade, which is set to go live in the coming days. Michael Saylor's MicroStrategy is looking to raise $600M to buy more BTC: MicroStrategy (MSTR) has announced plans to raise $600M by selling convertible debt in a private offering, for the alleged purpose of acquiring more bitcoin, taking advantage of the recent price run, and adding to its 193,000 BTC stack. Meme coin mania is back: Momentum gathered for the six meme coins currently populating the top 100 list of cryptos by market cap, with multiple triple-digit percentage gains across the board, made up of DOGE, SHIB, PEPE, BONK, WIF, and FLOKI. Coinmarketcap data currently show the aggregate market cap of all meme coins standing at approximately $60B, with $30B in trading volume over the past 24 hours. The flurry of activity particularly across meme coins may suggest retail investors are beginning to return to the market or new retail participants are entering the market.. Soon, but not too soon for US interest rate cuts: Federal Reserve Chair Jerome Powell told House lawmakers on Wednesday that interest rate cuts are likely "at some point" in 2024, but not in the near future. ⏳ Topic of the Week: What is the Bitcoin halving? 👉Read more here
GEMINI:BTCUSD
by Gemini
#MEME/USDT | Ready to rise strong#MEME The price is moving in a descending channel for 1 day The channel is expected to be breached to the upside in a strong manner as long as we do not break the support marked in green From which the price rebounded more than once We also have a reversal candle on today's frame Supported by oversold on the MACD indicator And upward momentum for the market Entry price is 0.02200 First target 0.02325 Second goal 0.02531 Third goal 0.02689 Fourth goal 0.02917
Long
by CryptoAnalystSignal