Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now
HomeBitcoinBitcoin NewsMemecoins had a good career ... was the party ended?
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

Memecoins had a good career … was the party ended?

Besides: Tiktok Ochain? This could really happen

GM. Crypto News Today is like a piñata full of fruit: you will want to dodge flying coconuts, but there are also some sweet mangoes.

👋 The end of the Memecoin supercycle.

🍋 News layers: mission to bring Tiktok Ochain, the cryptographic crimes of Raygun + more brother

Divider

🍍 Market taste today

It is not exactly the sleep scenario, but hey, we are putting ourselves somewhere.

Although investors are still trembling in their boots, the graphics are not seen as depressing as yesterday.

Little progress is still progress

Cryptoquant Xbtmanager pointed out that when Bitcoin reaches new peaks:

And that is exactly what is happening now.

This suggests that we are in a cooling phase after BTC’s $ 109K in January timing of all timeSo things will probably move sideways for a moment.

For the market to really collect again, we need short -term headlines to start selling and long -term holders to go back.

Until that change occurs, it is a patience game, and It is probably not the best time for high -risk operations.

But if we go back from the noise in the short term, the The long -term perspective remains solidAnd big dogs know it.

  • Mexican billionaire Ricardo Salinas has 70% of his investment portfolio in Bitcoin related assets;

  • Metaplenet bought another 497 BTC for around $ 43.9 million;

  • The IMF told El Salvador to stop buying Bitcoin if they want a loan of $ 1.4b, but President Nayib Bukele I will not listen:

Reminder: This is a marathon, not a sprint. The market could be taking a break now, but the general panorama remains the same: we are advancing, all of you.

Divider

🥝 Memecoin harvest

These memecoras are pumping harder than you before the beach season 🏋️

Data at 07:10 am est.

Check out these memecoras and much more here.

Divider

If you have been watching the table above, you probably have noticed – Memecoras are simply not hitting how they used to.

At the end of 2024 it was his golden era: Memecoins was riding the bullish wave that occurred after the choice of Donald Trump. Actually, scratch that. Even before Trump, Memecoins was everywhere in 2024.

But progress quickly so far and, Well… the hype train has crashed:

  • The total market capitalization of Memecoin has fallen 57% of its December peak;

  • Dogecoin, which represents almost half of the entire Memecoin market, lost 24% in the last month;

  • Pump (.) Funny negotiation volumes fell 63% in February.

Yes. It looks hard.

Now, DuhThe entire cryptographic market is struggling: global economic uncertainty causes investors to play it safe. But memecoras do not sink fair that’s why.

1/ Absolutely shameless Pump and fall action

Celebrities, influential people and even presidents have been launching memecutes, promoting them and then (Unpleasant surprise 😧) Dilla them in retail trade.

Memecoins used to be fun experiments from the Internet driven by the community, but now, they have become flagrant cash captures.

This, obviously, killed trust, because many investors were burned hard.

2/ Situation of the Lazarus Group

These North Korea computer pirates supposedly used memecoin platforms to wash more than $ 1.5B of the Hack bybit.

Nor is it exactly a good PR.

Put all that together, and Bitwise’s cio, Matt Hougan, believes This is the end of the memeño boom – If it is not immediately, in the next six months.

The good news? All that attention and money that the stretched memecoras will flow into things with current utility. We are talking:

  • Defi projects that return;

  • Institutional acceleration of Bitcoin adoption;

  • RWA (real world assets) taking off from tokenization;

  • Stablecoins becomes a dominant force;

  • Etc, etc., etc.

In general, we have fun. We are ready for the cryptography market to be leveled: stronger, more intelligent and built to last.

Divider

🧃 Profit sip

Psst … Just a small reminder that Airdrop of BitDegree season 7 It is still happening a lot – Then the $ 30K awards group and the additional $ 1k of Bydfi They are still at stake.

🏆 Current main gaatores:

Airdrop 03-05 classification table

Don’t you see yourself on the list? Crazy. But you still have time to fix that – The Bydfi stage ends on March 10.

Mom did not raise a resignation, enter there and do it energetic! 🫡

Divider

🍋

🎶 The Co -founder of Reddit, Alexis Ohanian, joins the mission of the Liberty Project to buy American Tiktok operations. The objective: bring the Ochain platform.

🦘 Do you remember Raygun, the Breakdancer that represented Australia at the 2024 Olympic Games? Well, his performance was not the only crime to which the Gunn family served us -Your brother has been accused for allegedly moving dirty money through a Fiat conversion company to Crypto.

💰 Iris Ramaya Au, ex -girlfriend of the Adam Iza cryptographic scammer (also known as El Paperino), declares himself guilty of presenting a false tax declaration. He did not report more than $ 2.6 million in illegal profits of the crimes of his ex.

⚖️ The SEC continues to move away from cryptographic fights. Now they are dropping their case against the commercial firm Cumberland Drw.

🚀 Ethereum’s sicking update was launched in Sepolia Testnet. The launch of Mainnet is approaching, but some problems of the last testnet failure still need to solve, so they are possible delays.

Divider

🍌 Juicious memes

RELATED ARTICLES
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment - Image Description

Most Popular