Dumpy.fun: How to short Memecoin
Historically, with small-cap memecoins, investors have only been able to speculate on price increases, rather than profit from price declines. dumpy.fun hopes to change that with its recently announced platform.
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Historically, with small-cap memecoins, investors have only been able to speculate on price increases, rather than profit from price declines. dumpy.fun hopes to change that with its recently announced platform.
A new meme coin called WienerAI has just launched its crypto presale on April 25th. In a matter of months, this project managed to raise more than $7 million, and its AI factors have become an investor favourite.As the project continues to rise in popularity, it has also been put in the spotlight and became the centre of discussion. So is the WienerAI coin a stroke of innovative genius, or is it just a scam like many others?
This article will take a deep dive into the Memecoin market, analyze the reasons for its popularity, and shed some light on the current battle for dominance between Solana and Base.
Driven by the upcoming Bitcoin halving event, the wave of Bitcoin ETFs, and the continuous and drastic changes in market sentiment, Bitcoin has not only skyrocketed and plummeted, but also triggered a resurgence of meme cryptocurrencies, led by tokens such as $PEPE and $WIF.
Following the recent approval of a Bitcoin ETF, BlackRock’s Larry Fink revealed that soon everything will be “ETF-ified” and tokenized.
OKX's addition of Solana (SOL) tokens, notably the memecoin BONK, garnered attention. BONK's surge attracted whales, yielding a trader a $6.9 million profit. SOL experienced significant growth, with a 141% surge in daily active addresses, showcasing a vibrant user base. Solana's developmental strides, thriving developer community, and an 11.2% surge in SOL's price to $100.54 affirm its growing optimism in the market.
The scammer has illicitly obtained assets totaling over $7 million in value.
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