In recent times, the metrics tracking of fee distributions among assets by @santimentfeed reveals an intriguing development: certain memecoins have managed to surpass established stablecoins like $USDT and $USDC in terms of gas consumption. This atypical phenomenon is commonly observed during periods of heightened speculative trading activity. Trading Volume And […]
Tag: Memecoin
Top 3 Memecoins With Fast Growing Development Activities To Watch In 2023
The cryptocurrency market is showing some signs of heavy volatility at this moment and some memecoins are still taking development very seriously. Here are the top 3 memecoins that are currently taking developments seriously with recent launches and burn plans: Baby Doge Coin (BABYDOGE): Baby Doge Coin is a memecoin […]
Shiba Inu Gains Traction Due To Rising Volume
In the current market landscape, altcoin prices have shown a slight upward trend today, but the struggle for mid and small cap coins to gain momentum on a weekly basis remains evident. Amidst this scenario, the spotlight seems to have shifted towards Shiba Inu (#SHIB), a memecoin that has emerged […]
Baby Doge Coin On Burning Frenzy, Over $387,953.63 Burned In The Last Month
Baby Doge Coin’s burning frenzy and deflationary design aim to create scarcity and potentially drive up its value over time. By burning a significant portion of their supply (approximately 49.146%), the cryptocurrency’s developers have demonstrated a commitment to reducing the total circulating coins, which could lead to increased demand and […]
From Memecoin to Utility: The Evolution Of BabyDogeCoin With The Launch Of BabyDogeSwap
The launch of BabyDogeSwap, the Decentralized Exchange (DEX) platform by BabyDogeCoin (BABYDOGE), marks a significant milestone for the memecoin community, as it demonstrates the project’s commitment to driving adoption through utility and moving away from being solely a memecoin. https://t.co/UAopqn3msj is live! -Users can swap using our aggregator-create farms & […]
The Premature And Fragile Nature Of The Renewed Memecoin Season In 2023
The phenomenon of Memecoins, cryptocurrencies that are often based on memes or popular cultural references, has gained significant attention and popularity in recent years. However, the volatile nature of these coins has raised concerns about their long-term viability as investment assets. The decline in prices and new-time lows experienced by […]