Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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May / 30
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- A Big Whale In Dogecoin (DOGE) Bought 2 MILLION Call Options For This Price Level – Does It Know Something?
- May 30, 2024 at 05:39 am Bitcoin Sistemi EN
- A trader made a bullish bet on Dogecoin (DOGE) by purchasing two million call options with a strike price of $0.22, requiring a price increase of over 31% for profitability. Options, which provide the right but not the obligation to buy or sell an asset at a specified price, expire on June 14th. Currently trading at $0.1649, DOGE's last brush with the $0.22 mark was in March 2022. Chief Commercial Officer of PowerTrade, Bernd Sischka, notes that altcoins have lagged behind Ethereum's recent rally, which he attributes to the approval of an ETF. However, he sees Elon Musk's potential use of DOGE on Twitter as a potential catalyst.
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- Shiba Inu Turns $2000 Into $1 MILLION in Just 3 Years
- May 29, 2024 at 08:48 pm Coin Gabbar News
- A Shiba Inu investor made headlines by selling their holdings for over $1 million after investing $2,625 in 2021, marking a 419-fold return. Amidst a market surge fueled by the approval of a spot Ether ETF, Shiba Inu and other memecoins have displayed bullish activity. The Shiba Inu team's active token burn strategy, aiming to reduce supply and drive up demand, is expected to further influence the token's price.
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May / 29
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- Trader Loses Over $1 MILLION in Normie Meme Coin Exploit
- May 29, 2024 at 05:20 pm BitcoinWorld
- A trader has incurred losses exceeding $1 million after an exploit involving Normie (NORMIE), a meme coin native to the Base blockchain. Despite assurances from the Normie team to compensate holders with a new token and donations, the incident highlights the volatility and potential risks associated with meme coin trading, where some traders leverage the unpredictable nature of these assets for substantial profits.
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- Trader Loses Over $1 MILLION in Normie Memecoin Exploit
- May 29, 2024 at 12:00 pm Crypto Intelligence News
- A trader lost over $1 million in the Normie memecoin exploit, as the investment nosedived from $1.16 million to a mere $150, triggered by a smart contract vulnerability that siphoned $41.7 million from the memecoin's market capitalization in just three hours. Following the hack, social media scams emerged, exploiting the incident to deceive Normie holders. Despite the substantial loss, memecoin trading remains popular, with traders continuing to invest in animal-themed cryptocurrencies like Pepe, which recently reached a new all-time high.
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- Trader Loses Over $1 MILLION in Normie Memecoin Exploit Amid Volatile Market
- May 29, 2024 at 01:56 am Crypto Intelligence News
- A trader has lost over $1 million in Normie memecoins, a Base-native memecoin, due to a smart contract exploit that slashed over $41.7 million from its market capitalization in just three hours. Normie’s value dropped over 96%, with its market cap hitting a low of around $200,000 before beginning a slight recovery. The Normie team has reportedly agreed to a deal with the hacker to return 90% of the stolen NORMIE tokens and use the returned funds, along with $2.3 million from the team’s development wallet, to launch a new token to reimburse NORMIE holders.
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- FLOKI Dusts DOGE, SHIB, PEPE as TVL Hits $820 MILLION
- May 28, 2024 at 11:29 pm U_Today
- Floki, the meme coin, has achieved an impressive milestone with its total value locked (TVL) soaring to $820 million, surpassing other prominent meme coins like Dogecoin, Shiba Inu, and Pepecoin. This surge in TVL demonstrates the growing interest and investment in the Floki ecosystem, driven by the recent launch of Floki Staking and FlokiFi Locker, which account for over $700 million and $120 million of the total locked value, respectively.
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May / 28
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- Top Cryptos to Buy Under $2 To Make MILLIONs
- May 28, 2024 at 01:04 am Coingape News Media
- Cryptocurrencies under $2 offer an exceptional opportunity for investors seeking exponential gains amidst the current bullish market. With the fear and greed index indicating a state of greed, acquiring crypto assets before the market surge intensifies is crucial. This article presents a curated selection of top cryptos under $2, including meme coins and other promising assets, highlighting their potential profitability and lower investment risk compared to expensive cryptocurrencies.
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- Investor Loses $1 MILLION in Crypto
- May 28, 2024 at 12:19 am BH NEWS
- A cryptocurrency investor has lost over $1 million after falling victim to an attack on the memecoin project Normie. The investor had invested $1.16 million in Normie tokens, but the value of their investment plummeted by over 99% to just $150 due to a smart contract breach that caused a $41.7 million market value loss within three hours. The Normie team has agreed to return 90% of the stolen tokens, but only after the launch of a new token to reimburse current NORMIE holders.
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- Investor Loses Over $1 MILLION in Normie Memecoin Attack
- May 28, 2024 at 12:19 am COINTURK NEWS
- Due to a smart contract attack on the Normie memecoin project, a crypto investor lost over $1 million, with their initial investment of $1.16 million dwindling by over 99% to a mere $150. Normie's value plummeted over 96%, sending shockwaves through the memecoin community. The hacker involved demanded the return of stolen funds to launch a new token reimbursing NORMIE holders. Despite the unfortunate event, memecoin hype continues, with frog-themed Pepe reaching a record high. Investors navigate these volatile assets, as seen with a Pepe investor who turned $3,000 into $46 million.
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May / 27
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- Dogecoin killers or hype: are traders still making MILLIONs on meme coins?
- May 27, 2024 at 07:09 pm crypto.news
- Meme coins continue to generate profits, but not for all investors. Some individuals have achieved substantial gains, while others have experienced losses. Despite the potential for high returns, investing in meme coins is considered a high-risk venture due to their lack of intrinsic value and extreme volatility. Insider information may play a role in successful trades, as traders who have advance knowledge of market trends can capitalize on price surges.
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