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IntoTheBlock data shows meme coin market cap has dropped to Q3 of 2024 levels, signalling a cooling-off period. Floki leads in holder profitability, followed by Dogecoin and Shiba Inu but ...
The meme coins Pepecoin (PEPE) Dogecoin (DOGE) and Shiba Inu (SHIB lose support from culture-based momentum and speculative price action because their market demand decreases, and price charts ...
but the fewer tokens there are for this capped meme token, the better for existing investors looking for reasons to hold. Pepe's recent rally has outpaced both Dogecoin and Shiba Inu, with some ...
At the time of writing, SHIB was exchanging hands at $0.00001540, up 14.30% in the last 24 hours, according to data from Benzinga Pro. Year-to-date, the meme coin has tanked 27%.
In the cryptocurrency sector, the variety of animal-inspired meme tokens continues to grow. But Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and Pepe (CRYPTO: PEPE) are what most investors ...
Without that institutional support, Shiba Inu could struggle to differentiate itself from the other meme coins. The Trump administration is expected to relax the government's oversight of the ...
Shiba Inu is a token that was launched on Ethereum's blockchain in 2020. Ethereum was originally a PoW blockchain, but it transitioned to the more energy-efficient PoS mechanism in 2022.
In that environment, investors were focused mainly on what the next big demand driver would be for Shiba Inu and its meme token peers. But with demand settling down (and by most metrics declining ...
With their dramatic rises, meme coins like SHIB and DOGE have attracted the interest of retail investors. Nevertheless, they lack the strong fundamentals needed to create sustained wealth.