Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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May / 29
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- Dormant ‘Diamond’ Hand Shiba Inu trader Prints 419X Gain After Holding for 3.5 Years: Lookonchain
- May 29, 2024 at 08:00 pm TheBitTimes
- A long-term Shiba Inu (SHIB) holder has reaped substantial profits after selling the memecoin, according to on-chain data from Lookonchain. The investor purchased 48 billion SHIB for $2,625 in February 2021 and recently sold their holdings for $1.1 million, resulting in a 419x return.
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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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May / 28
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- Shiba Inu Super Diamond trader Liquidates Holdings, Followed By A Secret Message
- May 28, 2024 at 02:48 am CoinGape
- Shiba Inu smart money, who purchased 48.09 billion SHIB in 2021 for $0.00000001, has sold their holdings, raising questions about the potential impact on SHIB price. While this transaction could be interpreted as bearish due to the significant amount of SHIB sold, it's important to note that it was executed by a Maximal Extractable Value (MEV) bot, suggesting it may be related to the recent rally in Ethereum price rather than a lack of confidence in SHIB.
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- 'Super Diamond trader' Sells Shiba Inu (SHIB)
- May 28, 2024 at 02:24 am U.Today
- A Shiba Inu trader's investment of $2,625 has skyrocketed to $1.1 million, a staggering 419x return, riding the wave of the cryptocurrency's surge. The trader's journey began in February 2021 when they acquired 48 billion SHIB tokens, demonstrating patience and market savvy that has led to their remarkable gains.
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May / 27
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- Pepe Coin Price: Smart trader Nabs 867% Profit, PEPE Hits New All-Time High
- May 27, 2024 at 07:09 pm Coingape News Media
- Amidst a bullish cryptocurrency market, Pepe Coin (PEPE) has ascended to an all-time high, surging past Polygon during the price rally. Notably, a savvy trader has capitalized on PEPE's surge, transforming an initial investment of $250,000 into a staggering $2.42 million, representing an 867% ROI.
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- 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.
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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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May / 26
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- MoonBag Presale Dashes Up the Crypto Charts! ChainGPT Utilises AI While Dogeverse Disappoints traders
- May 26, 2024 at 12:19 pm TheBitTimes
- In the crypto world, quick decision-making and spotting potential are key to success. While ChainGPT (CGPT) brings AI to blockchain and Dogeverse (DOGEVERSE) disappoints investors, the MoonBag presale surges with $350,000 raised and promises high returns. This new meme coin offers a 2900% return in Stage 2, with early investors securing 15000% at the listing price.
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