The Meme Coins That Dominate The Top Ethereum Whale Holdings
With the bear market coming into full bloom, Ethereum whales are stacking up their holdings. However, there has been some deviation from the norm as new coins seem to have caught the fancy of these large investors. With meme coins continuing to make whales, the top 100 Ethereum whales remain bullish on them. The result […]
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Arthur Hayes, former BitMEX CEO, has made an audacious prediction: by 2026, meme coins will dominate political advertising. It sounds like something straight out of a sci-fi film, but Hayes believes that meme coins and blockchain-based assets will become central to how politicians engage with voters. If his forecast is correct, we could see the […]
Shiba Inu is currently one of the top meme coins, with a market cap of $9.2 billion, trailing the other “top dog-themed coin,” Dogecoin. When meme coins pump, SHIB is one of the popular tokens that surge and dominate market activity. Related Reading: Ethereum Drops Below $3K—And This US Congressman Is Loading Up For Shytoshi […]
The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves due to the sudden change, SHIB has made a hit with the dip. One of the top Ethereum whales has pitched up to the leading meme tokens, Shiba Inu, to buy the dip. Reports from Whalestats revealed that an ETH Whale address known as BlueWhale0113 purchased over 321 billion of the....
A recent report by IntoTheBlock offers new insights into the profitability of meme coin holders, including Dogecoin, highlighting variations in the percentage of holders in profit and whale concentration. Dogecoin, the forerunner in this category, continues to hold its own, with new data underscoring its dominance in terms of profitability for its holders. Related Reading: Dogecoin Poised for a 150% Surge? Key Price Levels to Watch Dogecoin Holds The Lead According to the report by blockchain data analytics platform IntoTheBlock, Dogecoin outpaces its counterparts, with 42% of its holders....
Meme coins have fallen into a certain level of obscurity since the bear market began. It is an effect of the market-wide decline in interest in all things cryptocurrencies since prices of digital assets are down more than 70% from their all-time highs. However, it seems that meme coins are not yet completely out of […]