DWF Labs Partners with Floki Meme Token Development Team, Acquires $5 Million Worth of Tokens

DWF Labs announced a partnership with the Floki meme token development team and announced that it is buying $5 million worth of the project's tokens. "This partnership is based on DWF Lab's strong belief in the potential and future of the Floki ecosystem," ...

Institutional Investors Continue to Withdraw Funds from Cryptocurrency Trusts

CoinShares reported in another weekly market review that institutional investors have withdrawn funds from cryptocurrency trusts for the fifth week in a row. Between May 15 and May 19, $32 million in assets were withdrawn from cryptocurrency investment trusts. Total outf ...

Analyzing the Prospects of PEPE: A Rising Memcoin with Uncertain Future

PEPE rapidly broke into the top 100 coins by capitalization in 2023 and became one of the most popular memcoins. But what are his prospects? HYIP and investments PEPE's "HYIP meme token," which refers us to the famous green frog me ...

Matrixport Research Head Warns Against Investing in Memetic Cryptocurrencies

Markus Thielen, head of research at Matrixport, compared investing in memetic cryptocurrencies with a passion for lottery games. In an interview with Cointelegraph, Markus Thielen noted that meme tokens have experienced a huge surge in recent weeks. Earlier this month, t ...

BRC-20 Token Capitalization Nears $1 Billion with Over 14,000 Tokens Mined on Bitcoin Blockchain

A total of 14,079 tokens were issued This surge has been attributed to the popularity of memes The total capitalization of tokens based on the BRC-20 standard has almost reached the $1 billion mark. In doing so, 14,079 tokens were mined on the bitcoin blockchain. ...

Pepe Hype Token’s Value Drops by 47% After Brief Surge

The rate of the new "hype token" Pepe fell by 47%. The drop came just days after the coin suddenly rose 45% and surpassed $1 billion in capitalization. Pepe s value on the afternoon of Monday, May 8, is $0.00000229 and trading volume over the past 24 hours was $727,682,70 ...

BUSD activity in decline as Tether gains market share

This is the analysis of Glassnode Activity in the segment has been falling since February, when Paxos suspended new token issuance BUSD came under sanctions in the US Tether is gradually taking its market share USD capitalization is close t ...

Bitcoin More Popular than Trump and Elvis among US Internet Users

US internet users show more interest in searching for information about Bitcoin than other popular topics such as former president Donald Trump or even Elvis Presley, according to Ahrefs platform's popularity index. The cryptocurrency has surpassed politics, Coca-Cola, religion, donuts, alimony, ...

Crypto Expert Craig Wright Dismisses USDT Stablecoin as a “Walking Dead Coin”

The entrepreneur from Australia, who has made a name for himself in the crypto community as "the self-proclaimed Satoshi Nakamoto," recently expressed criticism towards the USDT stablecoin on social media. This reaction came in response to comments made by Mr. Whale, a prominent crypto expert, wh ...