The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in paper losses.  According to blockchain analytics service Lookonchain, one crypto “whale” purchased 962.3 billion Pepe tokens using 70 Wrapped Bitcoin (WBTC) and 470 Ether (ETH) for an average […]

New York Attorney General Letitia James has introduced a new legislative proposal to regulate the cryptocurrency industry and safeguard investors. Known as the CRPTO Act, the said regulation proposes several measures, such as requiring independent auditing and the publishing of financial statements by crypto companies, preventing individuals who own crypto exchanges from also owning the companies that trade on those […]

The cryptocurrency market has been trading sideways in recent weeks, with the leading token, Bitcoin, following a similar pattern. Despite numerous attempts in April, Bitcoin has struggled to break the $31,000 mark. The price is blocked by its daily Kijun at around $29,100 and by its psychological resistance at $30,000. A correction to around $25,000 could be preferred to prepare for […]

Binance is under investigation by the United States Department of Justice (DOJ) national security division for allowing Russians to use the cryptocurrency exchange in violation of U.S. sanctions, according to a report that appeared in Bloomberg on May 5. There have been no accusations against the company or its executive in connection with the investigation. The national security probe is […]

UMA (UMA) has registered an impressive 28.7% gain in the last seven days, according to data by CoinMarketCap. In a week marked by market losses and little gains, the DeFi token showed much resilience to emerge as one of the biggest weekly gainers.  Although most of the market stands in awe of the stunning bullish performance of the popular meme […]

We’re officially in the meme coin season as Floki Inu becomes the latest meme-based token to experience a significant price pump. The cryptocurrency inspired by Elon Musk’s Shiba Inu pup has long been considered as the next big memecoin and it appears to be living up to its hype.  Floki Inu is currently up 40% in the past 24 hours […]

Recently, SHIB influencer Lucie Sasnikova wrote about what Shibarium’s development team is focusing on at the moment and when she expects to see Shibarium go live. The Shiba Inu cryptocurrency project, rooted in the popular Shiba Inu dog meme, presents itself as a rival to Dogecoin and runs on the Ethereum blockchain. The Shiba Inu (SHIB) ecosystem comprises three unique tokens, each […]

Blue chip nonfungible token (NFT) project Pudgy Penguins has signed a representation deal with major Hollywood talent agency William Morris Endeavor (WME). According to an announcement via Twitter on May 5, Pudgy Penguins is looking to spread its intellectual property across film, TV, and gaming. Pudgy Penguins joins a growing list of big name NFT projects that have sought out […]

Regarding meme coins, there is no denying that Shiba Inu (SHIB) has been one of the most talked-about tokens in recent times. Its success is partly due to its captivating name and adorable mascot, which has been a hit with social media users.  However, beyond the hype, how does SHIB compare to other meme coins such as PEPE and DOGE? […]