Author: Yeek.io

contributor Posted: November 26, 2024 A bearish rounded prime sample appeared on FLOKI’s four-hour chart.  The RSI additionally confirmed that after intense promoting exercise, FLOKI may grow to be oversold.  FLOKI [FLOKI] has succumbed to bearish developments throughout the cryptocurrency market, on condition that at press time, the memecoin was buying and selling at $0.000227 after a 4.8% drop in 24 hours. FLOKI has additionally been down by 9% within the final seven days amid intense promoting.  The memecoin may drop additional after a rounded prime sample appeared on its four-hour chart. This sample exhibits bullish exhaustion as promoting strain…

Mark Longo’s launch of the JUSTICE meme coin has sparked controversy, as investigations reveal {that a} small group controls almost 80% of the availability. JUSTICE, the brand new meme coin launched by Peanut squirrel’s proprietor Mark Longo is dealing with allegations of insider manipulation, with experiences indicating that coordinated teams management nearly all of the token’s provide. Analysts at Bubblemaps have raised alarms in an X thread on Nov. 26, noting that the token seems to be closely managed by insiders, with almost 80% of the availability reportedly bundled by coordinated teams. https://twitter.com/bubblemaps/standing/1861098411749220693 Longo, who has accused the crypto neighborhood…

Meme cryptocurrency Dogecoin DOGE/USD is hovering in worth and valuation, up greater than 80% up to now week and setting new 52-week highs. With the most recent push in valuation, Dogecoin handed the valuation of some well-known international firms. What Occurred: Dogecoin was created in 2013 by Jackson Palmer and Billy Markus, meant as a joke and as a satirical coin to mock Bitcoin BTC/USD. Whereas Dogecoin trails Bitcoin in worth at $47.7 billion to $1.72 trillion based mostly on present market capitalizations, the accomplishments of accelerating that a lot in worth are not any laughing matter. With its present…

Former Binance CEO Changpeng ‘Cz’ Zhao has criticized the rising pattern of meme cash, suggesting that blockchain builders ought to give attention to utility-driven tasks. In a Nov. 26 X post, Zhao wrote that meme cash have gotten “just a little bizarre” and urged builders to give attention to creating “actual functions” that present sensible utility somewhat than prioritizing hype-driven tasks. CZ’s feedback have reignited the debate around the meme coin hype, drawing consideration to their lack of real-world worth.  Meme cash largely depend on viral advertising and marketing and social media frenzy to generate short-lived investor curiosity. Whereas they…

Meme coin season continues with many cryptocurrencies buying and selling increased after Donald Trump received the 2024 presidential election, together with a coin primarily based on Peanut the Squirrel, a social media star. This is a glance again at how a lot an funding in Peanut the Squirrel PNUT/USD coin, which is predicated on the Solana SOL/USD blockchain, could be price at the moment. What Occurred: The value of Peanut the Squirrel coin has soared in latest days, bolstered by the 2024 election consequence and mentions of the viral social media star by Tesla CEO Elon Musk. Peanut the Squirrel…

Shiba Inu value joined different cryptocurrencies in a steep sell-off because the current rally took a breather and the burn price declined. Shiba Inu (SHIB), the second-largest meme coin, dropped to $0.000024, down by 21% from its highest stage this month. Information from Shiburn reveals that the coin’s burn price fell by 30% on Nov. 26 to three.4 million. This brings the whole variety of burned cash to 410 trillion, a development anticipated to proceed within the coming years. Shiba Inu burns happen in a number of methods, together with Shibarium and ShibaSwap transaction charges. In line with Shibarium Scan,…

Meme coin Shiba Inu SHIB/USD is without doubt one of the cryptocurrencies which have traded increased since Donald Trump gained the 2024 presidential election. The cryptocurrency trades properly off of all-time highs, however Benzinga readers suppose the coin might go increased over the following 12 months. What Occurred: Shiba Inu continues to see a high burn rate, an occasion that may improve the value of the cryptocurrency with a decrease provide accessible. Whereas Bitcoin BTC/USD hit new all-time highs and continues to commerce increased after the 2024 election, Shiba Inu misplaced momentum. The cryptocurrency, which is the 11th largest by…

BONK has skyrocketed by virtually 100% within the final 30 days, placing the coin on the radar of crypto analysts in all places. So how excessive is BONK going to go, or has the coin already reached its peak? Bonk (BONK) presently ranks forty first within the cryptocurrency market by market cap, in response to crypto.information. On Nov. 26, 2024, the coin was buying and selling at $0.00004213, simply shy of the all-time excessive seen on November 22 2024. BONK 1-day chart, November 2024 | Supply: crypto.news Does Bonk have an opportunity to rise above different meme cash? May the…

Now you may Ape into ApeChain utilizing Rhino.fi by bridging your ETH from over 20+ chains on to ApeChain.What’s ApeChain?The Bored Ape Yacht Membership (BAYC) is without doubt one of the most iconic NFT collections. Increasing past collections like MAYC, BAKC, the Otherside and its token, ApeCoin, they lately launched their very own blockchain – ApeChain.ApeChain is designed to supply a devoted ecosystem for the ApeCoin neighborhood and associated initiatives. By establishing its personal blockchain, ApeCoin can improve scalability, decrease transaction prices, and provide customized options tailor-made to its customers’ wants. ApeChain helps dApps, NFT initiatives, and different crypto property…

Hello DeFiChain Group,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been one other bustling week with loads of developments. Let’s dive in and discover what’s new and thrilling.DeFiChain Lab’s Engineering Sync – November📅 Subsequent week, WED, November 27, 2024⏰ Reside at 08:30 (CET) // 15:30 (SGT)🔗 Be part of right here (meet.google.com/cih-xohu-xyu)⏲️ Length: half-hourThis name covers:✅ Standing Updates✅ SIG & Governance✅ Q&ADrop your Questions right here: https://shorturl.at/pA1q4Don’t miss this opportunity to remain knowledgeable and get entangled with the DeFiChain Labs Engineering crew!A Profitable Restart for DeFiChain’s dToken SystemThe dToken restart is right here, bringing transformative change to the…