Memecoin Market Status: Doge to Shiba Inu to Pepe
How different categories of Memecoin quickly emerged and became dominant

How different categories of Memecoin quickly emerged and became dominant
A cryptocurrency whale recently sold 170.2 billion PEPE coins for $1.77 million, achieving an impressive 886% ROI. This sale led to a significant price drop for PEPE, highlighting its speculative nature. PEPE's lack of utility and ongoing development makes it a high-risk, high-reward investment in the volatile cryptocurrency market.
Pepe Unchained's successful presale and innovative approach make it a notable contender in the meme coin space. Its Layer 2 blockchain aims to offer significant improvements over Ethereum, potentially shaping the future of meme coins.
PEPE defies market norms, surging 16% in 24 hrs post-Coinbase listing, indicating potential for further gains.
Coinbase's move to introduce perpetual futures for Pepe (PEPE) on its off-shore platform ignited initial enthusiasm among traders, although the token's value retraced shortly after the announcement.
PEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
Memecoin frenzy sparks 3,000% surge in weekly volume. Pepe, Floki, and Bonk lead with triple-digit growth. High risk, high reward in volatile memecoin market.
AirDAO directs Treasury funds to AAVE & Compound investments, ECB token burning. Community-endorsed decision via Snapshot. AMB token sees 7% surge post-announcement.
The Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
Following a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.