WienerAI (WAI) is proving there’s still plenty of appetite for new meme coins. This AI-powered token has just passed the million mark in its ongoing presale as retail investors pile in. But WienerAI isn’t just another joke coin – it’s bringing some serious tech (and passive income potential) to the table. WienerAI Presale Ramps […]
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This New Layer-2 Meme Coin Has Raised Over $1.5M in Just 15 Days – Could Pepe Unchained Explode?
Pepe Unchained (PEPU) is the latest meme coin to catch the attention of retail traders. PEPU’s creators aim to develop their own layer-2 network targeted at joke tokens. And with over .5 million in presale funding raised in just 15 days, the appetite for this ambitious project is strong. Pepe Unchained’s Ambitious Layer-2 Network for […]
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Pepe-Inspired Smidge Token Pumps Over 150% in 24 Hours – Could Pepe Unchained Explode Next?
Pepe-themed meme coin Smidge is exploding today with its price up over 150% in the last 24 hours. Meanwhile, a Pepe-focused layer 2 cryptocurrency, Pepe Unchained, is turning heads after raising almost M through the first week of its presale. Let’s dive into these two meme coins and see what’s behind their rapid rises. Smidge […]
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Sealana Token Is Being Backed as the Next Meme Coin to Explode as Presale Ends in Just 5 Days
The next big meme coin launch could be just days away. Sealana (SEAL), the seal-themed token on Solana, has drawn a massive crowd during its presale phase. And with only five days remaining, will SEAL explode after it hits the open market? Sealana Draws Huge Attention with Hilarious Seal Mascot Sealana is one of the […]
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Beercoin Price Sinking but Expert Says This Sealana Meme Coin Could Explode Next
Solana-based cryptocurrency Beercoin has begun to show weakness after monumental early success. However, another Solana-based meme coin, Sealana, is just days out from its exchange launch, and analysts are hopeful that it could explode next. BEER Plunges Over 30% as Crypto Prices Tumble It’s been a challenging time for anyone who bought Beercoin this week […]
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Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000
Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above ,000, a psychological level. As bulls prepare for more gains, Willy Woo, an on-chain analyst, believes the coin could soar even higher after breaking above the all-important resistance level at ,000.
Will Bitcoin Soar To ,000 Due To A Short Squeeze?
Even after the spike on May 20 lifted the coin above ,000 after days of lower lows, taking Bitcoin to ,500, bulls didn’t follow through. As things stand now, Bitcoin is within a broader range, capped at ,000, the first local support, and ,800, the all-time high.
However, a breach would be significant considering the significance of ,000, a level that has only been retested but not broken in several weeks. One explanation for potential price expansion is that a breakout, ideally with rising volume, might signal the start of another leg up, drawing demand.
For Woo, closing ,000 could see prices fast expand, even breaking ,000 because of a short squeeze. Once bulls pierce and close above this level of interest, there would be a wave of liquidations, where many short positions are forced to close, driving prices higher.
Based on Woo’s analysis, roughly .5 billion worth of short positions will be liquidated “all the way up to ,000.” If this happens, then it is highly likely that Bitcoin will register new all-time highs roughly seven weeks after Halving.
Inflow To Spot BTC ETFs Rising, Demand Will Only Continue Rising
Underpinning this bullish sentiment is the impressive surge in institutional inflows into spot Bitcoin exchange-traded funds (ETFs) on June 4. According to sosovalue data, spot Bitcoin ETF issuers bought 6.6 million worth of BTC yesterday.
Fidelity bought 8.7 million of BTC, while BlackRock, behind the largest spot BTC ETF, bought 4.4 million of the coin. Bitwise also made a substantial demand, adding million of BTC.
Interestingly, Grayscale also saw inflows, adding .2 million of BTC on behalf of its clients. This influx was the second-highest daily inflow volume since the launch of spot Bitcoin ETFs in January 2024.
With this wave of institutional demand, Bitcoin is above ,500. Most importantly, prices remain above ,000, confirming the bull spike from the middle BB on June 3.
The demand for these complex derivatives will only increase. Yesterday, the Thailand Securities and Exchange Commission (SEC) approved the country’s first spot Bitcoin ETF. The product will only be accessible to wealthy and institutional investors. The green lighting comes after a similar product went live in Australia.
New Meme Coin Raises $1.4M in Opening Week of Presale – Will PlayDoge Explode?
Meme coins have made a comeback in the past few weeks – and one new token is separating itself from the pack. PlayDoge (PLAY), which combines the iconic “Doge” meme with play-to-earn (P2E) gaming, has already raked in .4 million less than a week into its presale. With that kind of traction, investors are buzzing […]
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JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer larger transactions, lots of smaller transactions.” He noted […]
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AI Meme Coin Presale WienerAI Raises $3M – Next Crypto to Explode?
A new AI-powered crypto project is turning heads and raking in millions during its presale. Called WienerAI (WAI), this meme coin with a twist has already raised million by combining a hilarious meme design with an advanced crypto trading bot. WienerAI – The AI-Powered Meme Coin with Real Utility WienerAI is a new meme […]
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New Gaming Crypto Presale Raises $1M – Could Mega Dice Token Explode?
A new cryptocurrency called Mega Dice Token (DICE) is shaking up the gaming world. With over million raised in its presale, DICE is turning heads, leading to speculation that it could be the next GameFi project to explode. DICE Token Looks to Revolutionize Crypto Casino Gaming Mega Dice isn’t just another online casino – […]
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