The excitement in the crypto market rises as memecoins gain momentum. Potential investors are curious about the opportune moment to engage. With the current bull run in progress in 2024, the stakes are high, shining a brighter spotlight on these playful digital assets. This article delves into the prevailing enthusiasm surrounding these virtual currencies and provides insights on the viability of investing in these trending tokens.
Analysis of Memecoins Surge in the Crypto Market

by Giorgi Kostiuk
2 years ago

Other news
Retail Investors Face Billions in Losses from TRUMP and MELANIA Memecoins

Retail investors have incurred over $4 billion in losses on the official TRUMP and MELANIA memecoins, which have plummeted significantly since their launch.

Bitcoin Spot ETFs Face Largest Drawdown in History

Bitcoin spot ETFs have experienced the largest drawdown in history, with a decline of 100,300 BTC following the October all-time high, reflecting a risk-off environment and institutional derisking.

t54ai Introduces x402 Facilitator for Seamless AI Payments on XRP Ledger

t54ai has launched an innovative x402 facilitator on the XRP Ledger, enabling AI agents to pay for API calls and digital services using XRP or RLUSD.

Bitcoin Lightning Network Sees Surge in Monthly Transactions

In November 2023, the Bitcoin Lightning Network saw a surge with over 11 billion transactions processed, indicating increased adoption by larger players.

Capitulation Risk Grows for Ethereum Whales Amid Unrealized Losses

Capitulation risk grows for Ethereum whales amid unrealized losses.

Exchange Inflows and Liquidity Dynamics Impact XRP Market

A recent CryptoQuant report highlights the impact of exchange inflows and liquidity dynamics on XRP's market behavior, indicating that spikes in inflows may precede volatility expansion.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter