Price: $0.38476 1.6659%
Market Cap: 56.52B 1.7274%
Volume (24h): 8.06B 0.4%
Dominance: 1.7274%
Price: $0.38476 1.6659%
Market Cap: 56.52B 1.7274%
Volume (24h): 8.06B 0.4%
Dominance: 1.7274% 1.7274%
  • Price: $0.38476 1.6659%
  • Market Cap: 56.52B 1.7274%
  • Volume (24h): 8.06B 0.4%
  • Dominance: 1.7274% 1.7274%
  • Price: $0.38476 1.6659%
Home > Information news > Two Years After Gaining Over $145M, Shiba Inu Whale Buys Additional SHIB Tokens; These Other Meme Coins Exhibits Similar Potential

Two Years After Gaining Over $145M, Shiba Inu Whale Buys Additional SHIB Tokens; These Other Meme Coins Exhibits Similar Potential

Release: 2024/06/08 22:02 Reading: 822

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/articles/666456e0ae149533f1380928

Two Years After Gaining Over $145M, Shiba Inu Whale Buys Additional SHIB Tokens; These Other Meme Coins Exhibits Similar Potential

Shiba Inu Whale Purchases Enhance Meme Coin Market Interest

A recent whale transaction involving Shiba Inu (SHIB) has sparked renewed interest in the meme coin sector. The investor purchased 715.9 billion SHIB for approximately $18.44 million, two years after profiting heavily from strategic SHIB trading.

Promising Meme Coins with Similar Potential

Shiba Inu's resurgence has highlighted other meme cryptos with similar potential, including Bonk (BONK), Dogwifhat (WIF), Floki (FLOKI), and Angry Pepe Fork (APORK).

Angry Pepe Fork: A Unique Incentive Mechanism

Angry Pepe Fork (APORK) stands out as a new meme token with a community-based "Conquer-to-Earn" mechanism. This incentive model aims to support the token's goal of replacing underperforming meme coins in the market.

Conquer-to-Earn Mechanism Drives APORK's Potential

The unique "Conquer-to-Earn" mechanism encourages community participation and rewards holders for their contributions. APORK's upcoming plans include hosting community events, launching reward initiatives, and securing marketing partnerships, positioning it for significant growth.

Shiba Inu's Whale Action and Network Growth

The whale transaction has boosted Shiba Inu's profile. Network activity has also increased, with active accounts rising from 616 to 1,859 and new accounts from 30 to 1,031. Additionally, network transactions have surged from 4.751 to 8,527, indicating the token's current momentum.

Bonk Token's Strong Performance Continues

Bonk's (BONK) token value has rebounded by 9.3% after a recent dip. Its strong performance over the past year (a 7,700% increase) suggests its potential for further gains.

Dogwifhat Maintains Positive Momentum

Dogwifhat (WIF) has witnessed a moderate decline but maintains a positive momentum. Its position as one of the top meme coins by market cap, with a gain of over 1900% since launch, indicates its potential for future growth.

Floki Token's Utility and Growth Potential

Floki (FLOKI) continues to be a leading utility meme coin due to its extensive ecosystem. DWF Labs' recent $12M investment shows support for its growth potential, positioning it to outperform SHIB, BONK, and WIF in the future.

Angry Pepe Fork's Roadmap and Multi-Chain Expansion

Angry Pepe Fork's roadmap outlines plans for multi-chain exploration and interoperability, increasing its visibility and potential for market dominance.

Disclaimer: This article is a press release. Cryptocurrency investments carry significant risk. Conduct thorough research before investing.

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