Dogecoin Community Exploration

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New Solana Memecoin Pepe The Gay (PEPEGAY) to Skyrocket 14,000% Within 48 Hours – Should You Buy? Trader Loses Over $1 Million in Normie Memecoin Exploit Amid Volatile Market ChatGPT-coded Memecoin reaches $638M market cap Memecoins dominate crypto open interest charts taking 4 out of top 10 spots Investors Profit from Recent Surge in Memecoin Bitcoin Boosts Memecoin Market

May / 29
- New Solana Memecoin Pepe The Gay (PEPEGAY) to Skyrocket 14,000% Within 48 Hours – Should You Buy?
  
  May 29, 2024 at 08:55 am Crypto Intelligence News
  
  Pepe The Gay (PEPEGAY), a recently launched Solana memecoin, has the potential to emulate the astronomical returns experienced by Shiba Inu (SHIB) and Dogecoin (DOGE). With exceptional growth potential, analysts predict a remarkable surge of over 14,000% in its price in the near future. Similar to SHIB and DOGE, PEPEGAY has attracted significant investor capital and boasts over $4,000 in locked liquidity positions. Early investors stand poised for substantial gains as PEPEGAY follows in the footsteps of other successful memecoins.
- 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.

May / 28
- ChatGPT-coded Memecoin reaches $638M market cap
  
  May 28, 2024 at 07:59 pm Cointelegraph.com News
  
  Turbo memecoin, conceived with ChatGPT and a budget of $69, has soared to a valuation of $638 million within a year. Its price peaked at $0.009302, representing a market cap of $638 million, showcasing exceptional growth from its $27 million valuation three months prior.
- Memecoins dominate crypto open interest charts taking 4 out of top 10 spots
  
  May 28, 2024 at 05:19 pm Cointelegraph
  
  The memecoin craze has dominated the crypto community during this bull season, with Pepe and WIF skyrocketing into the top 20 cryptocurrencies by market capitalization. These memecoins have gained prominence in the crypto leverage market, with four memecoins ranking among the top 10 cryptocurrencies by open interest (OI).
- Investors Profit from Recent Surge in Memecoin
  
  May 28, 2024 at 10:01 am COINTURK NEWS
  
  A recent surge in a memecoin has resulted in substantial profits for over 96% of investors, according to on-chain data. IntoTheBlock's "Global In/Out of the Money" indicator reveals that the majority of investors are currently in profit, with only a small number still experiencing losses. As the price approaches the common average cost basis, investors are gauging potential buy and sell opportunities, considering the possibility of a reversal in profit and loss situations.
- Bitcoin Boosts Memecoin Market
  
  May 28, 2024 at 02:19 am BH NEWS
  
  Bitcoin's resurgence has ignited a notable rally in memecoin projects, with Pepe (PEPE) reaching an all-time high driven by the approval of Ethereum ETF applications. However, concerns arise over market exhaustion as PEPE's daily RSI enters the overbought zone, signaling a potential price correction.
- 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.

May / 27
- Top 3 Memecoins Ready to Explode in Value
  
  May 27, 2024 at 10:00 pm TheBitTimes
  
  In 2024, memecoins poised for explosive growth include PawFury (PAW), Shiba Inu (SHIB), and Pepe (PEPE). PawFury (PAW) has generated investor interest with a $2.5 million presale and an active Telegram community of over 30,000 members. Shiba Inu (SHIB) has emerged as a challenger to Dogecoin and plans to enhance its utility through ShibaSwap and other ecosystem projects. Pepe (PEPE) is a newcomer that has gained attention due to its unique branding and engaging community.
- Memecoin trader loses over $1M following Normie exploit
  
  May 27, 2024 at 08:39 pm Cointelegraph
  
  An unwary trader incurred a substantial loss of over $1 million due to a Normie memecoin exploit. The trader acquired 11.23 million Normie coins but witnessed a drastic decline in value by over 99%, resulting in a remaining value of merely $150. The exploit depleted the token's market capitalization by $41.7 million within a short timeframe.
- Memecoins to the Moon: Should I Buy Them Today?!
  
  May 27, 2024 at 08:34 pm TheBitTimes
  
  Memecoins have experienced a surge in popularity, driven by the current crypto market bull run. As investors seek to capitalize on this trend, the question arises: is now the time to invest in these playful coins? This article examines the current fervor surrounding memecoins and offers insights on whether it's time to invest in these viral tokens, considering their varying performances.

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