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Meme coins have fallen into a certain level of obscurity since the bear market began. It is an effect of the market-wide decline in interest in all things cryptocurrencies since prices of digital assets are down more than 70% from their all-time highs. However, it seems that meme coins are not yet completely out of the game. A tweet from Ethereum founder Vitalik Buterin has triggered the creation of a meme coin that is finding much success in the market.
THE Protocol Steps Up
Speculation has been a big part of the success of crypto coins, given that a lot of investors enter the market trying to make a lot of money in a short time. This has, in turn, given rise to the success of a large number of coins that would otherwise not have found any success in the market. For investors who are looking to get in on the action, here are the top 3 speculative crypto coins that should be on your radar.
Dogecoin
Meme coins have increasingly become the investment choice for a lot of crypto investors over the last year. Their tendency to return large gains in a short period of time has been one of the major drivers behind their rapid adoption. However, as with anything that carries the potential for high rewards, these meme coins are also notorious for losing large portions of their value very quickly.
Which Meme Coins Are Still Good?
Over the last couple of months, the crypto market has begun to cement its position in the bear market. This has seen large numbers of cryptocurrencies lose a lot of their value during this time, and meme coins have not been left out of the slaughter.
The death of Queen Elizabeth II was announced by Buckingham Palace on Friday. While Her Majesty’s passing has ignited a deluge of condolences and sympathies from around the world, it has also been taken advantage of as a money-making opportunity.
Queen Elizabeth, Britain’s longest-reigning ruler, the nation’s symbol, and a majestic presence on the global stage for 70 years, passed away peacefully at her home in Scotland, Thursday. She was 96 years old.
The new king, the eldest son of Queen Elizabeth, Charles, was quoted by Reuters as saying:
On-chain data shows around 5k BTC that was sitting dormant since between 7 years to 10 years ago has just been moved, a sign that may be bearish for Bitcoin.
Bitcoin Spent Output Age Bands Show Movement Of 7yr-10yr Old Coins
As pointed out by an analyst in a CryptoQuant post, whenever such aged coins have moved before in this year, BTC has seen generally bearish trend.
The relevant indicator here is the “spent output age bands,” which tells us about the selling behavior of the different coin age holder groups in the Bitcoin market.
With the bear market coming into full bloom, Ethereum whales are stacking up their holdings. However, there has been some deviation from the norm as new coins seem to have caught the fancy of these large investors. With meme coins continuing to make whales, the top 100 Ethereum whales remain bullish on them. The result has been some of the largest holdings of these whales now coming in the form of meme coins.
As if 2019 hasn’t been crazy enough, earlier today someone seemingly tried to counterfeit an entire Bitcoin block. Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at https://t.co/WKQ8hPDGON identified the block as invalid: Bitcoin Core 0.18.0Bitcoin Core 0.17.1Bitcoin Core 0.16.2Bitcoin Core 0.10.3bcoinBitcoin Knots 0.14.2btcdLibbitcoin pic.twitter.com/p5WKJ5rO0t — BitMEX Research […]
The post Did This Bitcoin Mining Pool Just Try to Create Coins Out of Thin Air? appeared first on CCN Markets
July 05, 2019 — Karatbars International GmbH hosted the Gold Independence Day on July 04 2019. Holders had a chance to exchange their KaratGold Coins (KBC) for real gold, which they could easily receive in the form of CashGold, a physical bill with tiny bars of gold built into it (just like Dollars or […]
The post Coins Will Become Gold on the Gold Independence Day appeared first on CCN Markets
The venerable Chuck E. Cheese himself responded to a Twitter post regarding bitcoin. It may seem odd at first blush that Chuck E. Cheese and bitcoin have anything to do with one another, but it makes sense as the story unfolds. First the Innocuous Tweet Ryan Hoover, the founder of something called Product Hunt, tweeted this […]
The post Chuck E. Cheese Coins Are More Valuable Than Bitcoin appeared first on CCN Markets
June proved to be another great month for cryptocurrencies, with the overall crypto market cap rising more than $ 50 billion to $ 322.3 billion. The majority of the gains came from Bitcoin’s (BTC) 28% performance over the last 30 days, with Bitcoin’s dominance now sitting around 61.3% after peaking at 63.5% this week. Thanks to Bitcoin’s […]
SludgeFeed
On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out. At one point he told the court he was “ashamed of his invention.”
Also Read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far
The global cryptocurrency market lost $ 58 billion in a flash crash on Thursday morning as bitcoin makes a retreat. The combined value of the world’s cryptocurrencies dropped from $ 386 billion to $ 328 billion – a 14.9% loss overall. Just hours previously Bitcoin had been flirting with the $ 14,000 mark; now, BTC is struggling to keep […]
The post Newsflash: Crypto Market Plummets $ 58 Billion as Major Coins Drop 30% in Bloodletting appeared first on CCN Markets
Binance’s initial exchange offering (IEO) platform, the Binance Launchpad, continues to impress as multiple coins launched off the platform have outperformed the broader crypto market during the latest pullback. To date, the following token sales have been conducted on the Launchpad platform: Gifto (GTO) Bread (BRD) BitTorrent (BTT) Fetch. AI (FET) Celer Network (CELR) Matic […]
SludgeFeed
The long list of cryptocurrency exchange hacks tells the story of one of the Bitcoin industry’s biggest problems to date: Custodial exchanges are a big target for attackers and a centralized point of failure for those that rely on them. Just this year, about $ 200 million worth of cryptocurrency became inaccessible when QuadrigaCX’s CEO passed away, while Binance last month revealed it lost 7,000 bitcoin when its servers were hacked, a loss valued at over $ 40 million at the time. Over the past decade, a staggering estimate of $ 1.4 billion worth of crypto has been stolen or about 8 percent of all bitcoin in circulation today.
Crypto markets, regardless of their bearish or bullish incline, offer plenty of opportunities to profit from trading. To take advantage of them, you need access to reliable market data and useful indicators. RSI Hunter is a platform that can help you to identify coins that have potential for growth based on their current market positions.
Also read: 3commas Helps You Balance Your Crypto Portfolio
The RSI Hunter website lists hundreds of cryptocurrencies and tokens classifying them as oversold, neutral or overbought. Its analysis is based on data pulled from leading digital asset exchanges like Binance, Okex, Bittrex, and others. It also uses several base currencies such as BTC, BNB and USDT to produce comparable results.
Binance’s initial exchange offering (IEO) platform, the Binance Launchpad, has quickly caught on in the wake of several successful offerings, helping drive the price of Binance Coin (BNB) to new all-time highs. The Launchpad enables select projects to stage token sales, where qualifying investors are able to purchase the tokens before they are available to the […]
SludgeFeed
Since the very start, people have lost bitcoins due to human error. Mislaid wallets, forgotten passwords, broken hard drives, hacks, and scams have conspired to remove over 20% of all BTC from circulation by some estimates. The dubious accolade for the first major bitcoin loss goes to forum member Stone Man, who, on August 10, 2010, managed to permanently erase his access to almost 9,000 BTC.
Crypto investors are always keen to stay updated about market movements that change the value of their holdings. A live wallpaper for smartphones called Crypto Bubbles allows you to keep track of the prices of multiple coins at a glance.
Also read: Crypto of the Day App Gauges Investor Sentiment and Market Trends
Crypto Bubbles is a simple app developed for Android devices that gives traders an opportunity to monitor the price changes of their favorite cryptocurrencies on the go. Users can select up to 7 out of 1,200 supported cryptos, including major coins such as bitcoin cash, and display them on their homescreen or lockscreen as a live wallpaper.
Coins & Steel, a blockchain-based fantasy multiplayer RPG set in an open world with real-time battles, announced this week that it has officially launched its demo. Long awaited Demo is finally launched! 🥳🎉 Earn in-game tokens, exclusive skins and other artifacts! Join our Discord https://t.co/Y5gHohpieT And Telegram https://t.co/dJkvajpLQbhttps://t.co/HGezkrjJC5@loomnetwork @BCGbiz @blockchaingamr @DGamingIndustry — Coins & Steel (@coinsandsteel) […]
SludgeFeed
The number of travel websites accepting cryptocurrencies has been growing with the popularity of digital coins. One well-established platform, Bitcoin.travel, now supports payments in seven cryptos, including bitcoin cash (BCH).
Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry
Bitcoin.travel works with businesses from the travel industry willing to accept decentralized digital currencies for their services. On the platform, which is available in dozens of languages, users can search for flights, hotels and rentals offered by numerous partners around the world.
