Numerous meme coins have surged in popularity lately, but this trend is expected to fade away within a few weeks.
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Latest news about Meme Coin
Meme Coin latest news, image, analysis about Meme Coin Numerous meme coins have surged in popularity lately, but this trend is expected to fade away within a few weeks.
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Market
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News
On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.
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Bitcoin-based meme coins created using the new BRC-20 standard have contributed to rising Bitcoin fees, as they require more data than a standard transaction. However, proposals by some members of the Bitcoin community to block Bitcoin NFT projects through a filtering mechanism may undermine Bitcoin's fundamental principles of openness and decentralization, warns Michael Casey, CoinDesk's Chief Content Officer. While Bitcoin's governance challenges are becoming more complex, balancing innovation with the core values of the community will remain a critical task for its future success.
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In the end, the maneuver paid off as the entity is now enjoying a substantial profit of several hundred thousand dollars.
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A Crypto Trader, Who Remains Anonymous, Purchased Trillions of a Meme Coin on UniSwap for $263 Three Weeks Ago and Currently Holds Around $9 Million Worth of PEPE, Despite Selling Millions of Dollars Worth Earlier, as Per Arkham Blockchain Platform Data.
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Shiba Inu [SHIB] price action delivers a major price move every once in a while. It has been relatively dormant until the end of August. But there was a notable increase in price activity in the first week of September.
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The AMC Theaters app now lets you buy tickets and concessions with Dogecoin. On April 15, the CEO of the company, Adam Aron, tweeted about the news. Bitpay is now a way for people to pay for things with cryptocurrency. The company said in November that it was looking into how to accept cryptocurrencies.
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DISCLAIMER
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CoinCryptoUs. Every investment and trading move involves risk. You should conduct your own research when making a decision.
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