Mediaboss Marketing

From the depths of internet humour to the heights of the crypto market, meme coins have taken the world by storm. These quirky digital currencies, often inspired by viral memes and pop culture references, are capturing the attention and imagination of investors and internet enthusiasts alike.

With their whimsical charm and potential for astronomical gains, meme coins have become the talk of the town, attracting a growing number of followers who are eager to ride the wave of internet culture into the realm of decentralized finance.

In this article, we delve into three fascinating meme coins, exploring their rise in popularity, the impact they have on the crypto landscape, and the wild ride they offer to those brave enough to venture into this playful and unpredictable corner of the market.

Step into the world of FLOKI, the peoples cryptocurrency that merges the power of memes, real utility, and charity. With a vision to make cryptocurrencies mainstream, FLOKI taps into the universal appeal of memes to empower everyone, from the rich to the poor, and contribute to a better world through charitable initiatives.

This cross-chain token operates on both Ethereum and Binance Smart Chain, utilizing a 3% tax to fuel project creation, collaborations, and charitable endeavours. FLOKIs play-to-earn NFT metaverse game offers A-level gaming elements and upgradable NFTs, while their crypto education platform brings DeFi to the people. Join the FLOKI movement and embrace the power of memes, blockchain, and making a positive impact in the world.

Pepe Coin (PEPE), the frog-themed cryptocurrency inspired by an internet meme, has surged in value since its launch, captivating investors and even catching the attention of Elon Musk. However, a report from Santiment warns of potential hurdles, including lower retail participation and liquidity compared to popular meme coins like Dogecoin and Shiba Inu.

The changing dynamics of the crypto market and the collapse of FTX and LUNA exchanges have also impacted investor sentiment. Despite these challenges, Pepes rapid growth and its meme-driven appeal have made it a fascinating addition to the crypto landscape. As the world of digital assets continues to evolve, Pepes fate remains uncertain, influenced by market forces and the whims of crypto enthusiasts.

DogeMiyagi, an upcoming meme coin named after the iconic Karate Kid character, has ambitious plans to dominate the meme coin market. With its Killer Swap Machine decentralized exchange powered by Uniswap, users can easily trade the MIYAGI token and other ERC-20 tokens with a user-friendly interface and instant swaps. The platform also offers a rewarding referral system, where users earn a 10% commission on referral investments.

Additionally, DogeMiyagi aims to stand out with an NFT platform, providing exclusive experiences and features. By adopting a community-centric approach and incorporating a decentralized autonomous organization (DAO), DogeMiyagi empowers participants to influence the projects direction. With its integration with the Ethereum ecosystem, DogeMiyagi seeks to replicate the success of other meme coins by bridging the gap between the meme coin market and a secure, engaged community.

In conclusion, meme coins have captured the attention of crypto enthusiasts worldwide with their viral appeal and potential for rapid gains. The pros include the ability to generate excitement and community engagement, as well as the potential for significant profits.

However, the cons include their inherent volatility, lack of intrinsic value, and susceptibility to price manipulation. Investors should approach meme coins with caution, understanding the risks involved and conducting thorough research before diving into this speculative market.

Learn more about DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

Here is the original post:
Meme Coin Explosion with FLOKI, Pepe Coin, and DogeMiyagi - NewsWatch

The first five months of 2023 have been nothing short of exhilarating in the world of cryptocurrencies. After a challenging year in 2022, major digital assets have staged an impressive rebound, revitalizing the market and reigniting investor optimism.

However, amidst this renewed vigor, it is fascinating to observe how the spotlight has also found its way to some lesser-known and more affordable cryptocurrencies.

As we approach June 2023, Finbold conducted a market analysis and hand-picked 5 cryptocurrencies priced below $0.10 that investors should keep an eye on.

Unsurprisingly, Pepe (PEPE), the new meme coin sensation, sits at the top of the list.

Inspired by Pepe the Frog, this crypto token witnessed one of the most impressive price surges on record, with its gains reaching +5,000,000% at one point.

But the meme coin has dropped notably since reaching its peak of $0.00000431 on May 5. At press time, PEPE is changing hands at $0.00000142, down over 11% in the past week and more than 67% from its all-time high.

If you believe PEPE can pull off another meteoric rise, like last month, the current price could be a bargain. Remember, though, it is still a meme coin, meaning its price is mainly influenced by the hype on social media platforms and other online crypto communities.

Another cryptocurrency thats been stealing the headlines in recent days is TRON (TRX). Issued by Justin Suns Tron Foundation, TRX has topped AltRanks list of cryptocurrencies on May 24 which combines an assets social and market activity against the rest of the crypto market.

At the time of writing, TRX is trading at $0.08, up around 0.19% on the day. Over the past week and month, the cryptocurrency gained 9.6% and 17.9%, respectively.

Stellar (XLM) has been among the favorite altcoins among crypto investors for a while now, due to its strong reputation as an established blockchain project.

The blockchain firm has recently forged a significant partnership with MoneyGram and the United Nations High Commissioner for Refugees (UNHCR) to provide financial aid to Ukrainian refugees affected by war through the utilization of Circles USD Coin (USDC).

At the time of publication, XLM was trading at $0.09, up around 0.3% in the past 24 hours. In the past month, the cryptocurrency lost around 6.7% and could be trading at a bargain price given its potential to rise on recent partnership deals.

VeChain (VET) is a blockchain-based platform focused on transparency, traceability, and immutability for supply chain data, enabling businesses to enhance efficiency, reduce counterfeiting, and improve product authenticity.

The projects team announced that their recently-launched VeWorld mobile wallet would become a part of Apples TestFlight program.

At the time of writing, VET was changing hands at $0.02, up 1.86% in the past week. Over the past 30 days, though, the crypto declined more than 11%.

Hedera (HBAR) is popular among crypto investors due to its unique distributed ledger technology known as the Hedera Hashgraph. This technology offers high throughput, low fees, and robust security, making it attractive for various decentralized applications (dApps) and enterprise use cases.

After closing deals with tech giants like LG, Google, IBM, and Tata, members of the Hedera community are hoping that this growing corporate adoption could help propel HBARs price soon.

At the time of publication, HBAR stood at $0.06, up 0.28% on the day. Over the past month, the crypto token dropped almost 15%.

Overall, if the broader crypto market continues its 2023 rally, big players like Bitcoin (BTC) and Ethereum (ETH) are likely to push most other assets upwards, including those priced below $0.10.

Despite the rebound, many cryptocurrencies are still trading at attractive multi-year lows as a result of the market crash in 2022.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

See original here:
5 cryptocurrencies under $0.10 to buy in June 2023 - Finbold - Finance in Bold

In the ever-expanding and exciting world of cryptocurrencies, understanding the value proposition and use case of each coin is crucial. Today, we take a look at Bitcoin Ordinals, a relatively new concept in the crypto space, and delve into their limitations. In contrast, we also explore the potential of the Hollywood X PEPE presale, a new meme coin that has been garnering significant attention in the crypto community.

Bitcoin Ordinals, as a concept, are essentially tokens derived from the Bitcoin blockchain. They have been created in such a way that their value is theoretically based on Bitcoins market performance. However, the viability of Bitcoin Ordinals as a sound investment has been increasingly questioned, primarily due to their limited use case and the concerns over how they seemingly primarily benefit their creators.

Unlike Bitcoin, which has been globally recognized as a store of value, Bitcoin Ordinals struggle to present a clear use case or value proposition. They do not seem to offer any significant advantages over Bitcoin itself or provide any novel functionalities that make them stand out within the crowded crypto marketplace.

Additionally, there are growing concerns that these tokens mainly serve to enrich their creators without contributing meaningfully to the broader crypto community. Some critics argue that the creators of Bitcoin Ordinals can manipulate these tokens value at the expense of unsuspecting investors.

In stark contrast to the skepticism surrounding Bitcoin Ordinals, the Hollywood X PEPE presale has been making headlines for its significant upside potential. This meme coin, which pays homage to the iconic Pepe the Frog meme, has been creating a buzz in both the crypto and entertainment industries.

Unlike many other meme coins, Hollywood X PEPE goes beyond the typical community-driven initiative. It offers real utility and value to its holders, stemming from its integration into various Hollywood productions, which has the potential to enhance its value and demand.

The presale period presents a unique opportunity for investors to get in on the ground floor of this promising project. By acquiring the coin before its listed on exchanges, early adopters could stand to gain from its potential future success.

Pros:

Cons:

In the rapidly evolving crypto space, its more important than ever to understand the intricacies and value propositions of different coins. While Bitcoin Ordinals may not offer much in terms of utility or community engagement, projects like Hollywood X PEPE represent a new wave of meme coins that provide tangible value and community engagement.

As always, potential investors should conduct thorough research before participating in any crypto ventures, taking into consideration each projects potential risks and rewards.

Official Hollywood X PEPE Links | Linktree | Hollywood X PEPE Token | $HXPE Pre-sale is Live

Like Loading...

Go here to read the rest:
Understanding Bitcoin Ordinals: Limited Use Case and the Rise of ... - Tekedia

Theres Pepe the soccer player, Pepe the guitarist, and Pepe the racing driver. And now theres Pepe the new frog-themed cryptocurrency.

The coin, based on an internet meme, has taken token markets by storm in the month since its launch. Trading has been frenzied, lifting Pepes market value to nearly $2 billion at one point, though that has since slid by more than half.

Only in the world of crypto could a currency that pays homage to a cartoon frog capture the attention of market participantsand possibly even Elon Musk. Its emblematic of the hype that continues to underpin crypto markets, fueled by the actions of a few dominant players and influenced by the price of Bitcoin.

The new memecoina subcategory of altcoin, which refers to tokens other than Bitcoin and Ether is the latest to capture the attention of the crypto crowd. It joins the more familiar Dogecoin, around since 2013, which refers to the doge meme involving a Shiba Inu dog. Dogecoin is now the eighth-largest digital asset by market capitalization and has inspired countless spinoffs, including Shiba Inu, which is the 15th-largest crypto.

Pepe is growing faster than its older peers. It took the frog coin only 22 days for the number of holders recorded on the blockchain to surpass 100,000, according to the crypto research group Messari. The same growth took 90 days for Shiba Inu.

Advertisement - Scroll to Continue

Like the dog-themed coins, Pepe appears to have caught the attention of Tesla s (ticker: TSLA) Musk, who has said he owns Dogecoin and has toyed with it for years in references on Twitter and television. Pepe prices spiked some 50% in one volatile spurt that came immediately after Musk tweeted the Pepe the Frog meme, though he didnt explicitly mention the token.

Pepes meteoric rise is unlike anything weve witnessed in crypto history, Chase Devens, an analyst at Messari, wrote in a note earlier in May. Here is a look at the coins brief past, how it is traded, and what could happen to the price.

Pepe was launched in mid-April by a team of anonymous developers. The groups website is littered with internet in-jokes, including the phrase make memecoins great again, and details about how the supply of tokens is 420,690,000,000,000.

Advertisement - Scroll to Continue

Pepe is a meme coin with no intrinsic value or expectation of financial return, the developers say. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.

The token references the Pepe the Frog internet meme, which itself is based on a character from a 2005 comic by cartoonist Matt Furie. As a meme, Pepe can appear in a variety of waysthe frog often has different facial expressions and is edited into different contextsbut in its most basic form, it seems to represent smugness.

The Pepe meme has been picked up by internet-based radical groups, earning it a checkered cultural reputation. The Anti-Defamation League has named the meme a hate symbol, while noting that the character didnt initially have racist connotations and that many uses continue to be non-bigoted.

Pepe is now available on a number of major crypto exchanges. That includes Binance, the worlds largest venue for digital-asset trading, as well as platforms including OKX, Kraken, KuCoin, and the decentralized exchange UniSwap.

The U.S.-based broker

Advertisement - Scroll to Continue

Investors should note that digital asset trading and most crypto exchanges remain unregulated in the U.S.

Advertisement - Scroll to Continue

The price of Pepe rose as much as 6,300% between April 18 and its zenith on May 5, after being listed on a number of major exchanges.

Before it was listed on OKX, Pepe had a market cap of around $275 million, according to crypto data provider CoinGecko. In a spike after it was listed on Binance, its market cap peaked at $1.7 billion, with its trading volumes in the first week of May routinely dwarfing those of Dogecoin or Shiba Inu. The market capitalization of Pepe was hovering near $650 million as of Wednesday.

For those outside crypto, Pepe may represent yet another example of why digital assets are worthless: It has no intrinsic value and exhibits dangerous levels of volatility.

Advertisement - Scroll to Continue

For those inside the industry, though, there is a logic to the Pepe trade. The key is getting ahead of the hype and fear of missing out that new coins can generate as interest grows. That dynamic, alongside signs that influential market participants known as crypto whales are wading in, suggests the frenzy around Pepe may be far from over.

Arguably the most significant driver of Pepes growth is the fact that crypto participants are now familiar with how quickly memecoins can grow, said Devens, of Messari. It pays to be early, and this self-reinforcing force pulls in more buyers as the meme grows in popularity.

That popularity only grows as tokens like Pepe get listed on crypto exchanges. The first major factor lifting prices of the frog crypto was its listing on OKX on May 1, which was soon mirrored by Binance on May 5. While exchanges dont endorse coinsBinance has kept Pepe in its Innovation Zone for smaller and often more volatile coinslistings can act as implicit endorsements and funnel billions of dollars of liquidity to tokens.

The wider dynamics of crypto markets play a role in determining memecoin prices. Trends in Bitcoin, the largest coin, tend to lead prices for all cryptocurrencies, which has worked out well for Pepe.

Bitcoin has rallied by some two-third so far this year, helped by rising expectations that the Federal Reserve has finished raising interest rates to battle inflation. Memecoins have taken off as well in a surge that could signal either a strengthening bull market or froth before a correction.

When meme coins pump it often tells us where we are in the crypto cycle, Antoni Trenchev, co-founder and managing partner at crypto lender Nexo, said in a research note shortly after Pepe began to surge higher.

Trenchev pointed to gains seen by the token Squidreferencing the popular Netflix series Squid Gamein late 2021, when the token rose by more than 200,000%. In hindsight, that was a sign that crypto markets had topped out.

Time will tell if the emergence of Pepe-the-Frog heralds the beginning of a new crypto summer or something a lot bleaker, Trenchev wrote.

Write to Jack Denton at jack.denton@barrons.com

Follow this link:
Memecoin Pepe Is the New Crypto Craze. Move Over, Dogecoin. - Barron's

Bitcoin Frogs, the newly-launched non-fungible token (NFT) fashioned after frogs, has become the most-traded collection in the past 24 hours, surpassing even prominent collections, such as Bored Apes.

Bitcoin Frogs, which launched in late February on Bitcoin Ordinals, reached trading volume of over $2.2 million, data from CryptoSlam show. The collection describes itself as 10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.

At the time of writing, each NFT was selling for 0.12 bitcoin (BTC), or over $3,200. Buyers and sellers are paying trading fees ranging from $50 to over $1,200 as of Thursday.

Bitcoin Frog's trading volumes was spread across 627 individual transactions, the data show. In comparison, Bored Apes recorded just over 11 transactions at a significantly higher price of over $83,000 per NFT.

NFTs issued directly on Bitcoin have gained prominence after the launch of the Ordinals Protocol earlier this year. The Ordinals Protocol allows users to embed data onto the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions with the so-called Ordinals inscriptions surpassing the 3 million mark earlier this month.

Such demand has contributed to bitcoin fees spiking to two-year highs and stirred debate in the Bitcoin community.

Original post:
Pepe-Themed Bitcoin Frogs Becomes Most Traded NFT Amid Bitcoin Ordinals Hype - Yahoo Finance