dogecoin
Kabosu, the Shiba Inu who inspired the viral “doge” meme and the cryptocurrency Dogecoin, died on Friday. The official Dogecoin account wrote on X, Today Kabosu, our community’s shared friend and inspiration, peacefully passed in the arms of her person. She was a being who knew only happiness and limitless love. Impact of Kabosu’s legacyDogecoin highlighted Kabosu’s immense influence, stating that her impact “across the world is immeasurable.” They urged people to carry forward her legacy, keeping her spirit and her family in their hearts. “We are all fortunate for hers to have touched and sha...
Invezz
The burn rate of Shiba Inu (SHIB) has skyrocketed by over 500% today, according to data from Shibburn. This significant increase in the burn rate has generated optimism among traders and investors about potential positive price movements for the meme coin, often dubbed the “Dogecoin killer.” Massive token burn despite trading slumpDespite the impressive burn rate hike, SHIB traded in the red, indicating that the immediate price reaction has not yet mirrored the positive sentiment. The token saw a substantial decline in its supply with the burning of 9.83 million tokens, primarily from two spec...
Invezz
GameStop shares are trading 154% higher in 2024, compared to Bitcoin’s yearly gains of 129%. While Bitcoin’s gains came from the approval of Spot BTC ETF in the US and the fourth halving event, between January and April 2024, GameStop piled a majority of its gains on Monday and Tuesday. Legendary trader “Roaring Kitty” surfaced on X, with his tweets, catalyzing a rally in GameStop stock and meme coins on Solana. Dog and cat themed meme coins and memes that are named after (not affiliated with) the trader and the American consumer electronics firm, ROAR and GME yielded over 1,000% gains overnig...
Invezz
In a major development in the cryptocurrency world, a crypto whale has reportedly purchased a massive 357.34 billion PEPE tokens, valued at approximately $2.9 million, from the Binance exchange. This transaction was highlighted by the major analytics account on X, @lookonchain, which noted the subsequent withdrawal of these tokens to a private wallet, signaling the birth of a new PEPE whale. PEPE sees price fluctuation amidst heavy tradingFollowing the purchase, PEPE experienced a price surge of nearly 7%, reaching $0.00000821, before undergoing a slight correction to $0.00000804, a drop of 4....
Invezz
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