Category: Cryptocurrency News

There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and the price increase, these factors could offset revenue losses from the […]

In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that […]

PENG is a vibrant meme token on the Solana blockchain, embodying creativity and community spirit to redefine decentralized finance. London, United Kingdom – Amidst the whirlwind of cryptocurrency, few projects command attention like PENG. This charming meme token, nestled within the dynamic confines of the Solana blockchain, has captivated investors with its meteoric rise and unwavering ambition. Now, as PENG basks in the glow of a booming rally, all eyes are on its next target: Binance. The recent surge in PENG’s value has been nothing short of astonishing. With gains exceeding 1,000% since its inception, PENG has solidified its position as a force to be reckoned with in the world of decentralized finance. Its market cap, which recently soared to an all-time high of $216 million, serves as a testament to its growing influence and widespread appeal. But PENG’s ambitions extend far beyond mere numbers on a screen. With its sights set firmly on Binance, the world’s largest cryptocurrency exchange by trading volume, PENG is poised to take its rightful place among the industry’s elite. A listing on Binance would not only provide PENG with unparalleled liquidity but also expose it to a global audience of investors hungry for the next big opportunity. The road to Binance is paved with challenges, but PENG has proven time and time again that it is more than capable of overcoming them. Fueled by the unwavering support of its dedicated community, PENG has navigated the intricacies of the crypto landscape with grace and determination. From strategic partnerships to high-profile listings on exchanges such as MEXC, Bitmart, and Poloniex, PENG has left an indelible mark on the industry, setting the stage for its inevitable ascent to greatness. But what truly sets PENG apart is its commitment to innovation and inclusivity. As the newest addition to the Solana blockchain, PENG brings a fresh perspective and a playful spirit to the world of decentralized finance. With its endearing penguin mascot and vibrant community, PENG embodies the creativity and camaraderie that define the crypto ethos. As PENG continues to gain momentum, early investors find themselves on the brink of untold riches. But the journey is far from over. With its sights set on Binance and its community by its side, PENG is poised to rewrite the rules of the game and usher in a new era of decentralized finance. So, whether you’re a seasoned investor looking for the next big opportunity or a curious newcomer eager to explore the world of crypto, now is the time to join the PENG movement. Together, we can ride the wave of success all the way to Binance and beyond. About PENG PENG is the cool new meme token on the Solana blockchain, blending innovation with a playful spirit. With its adorable penguin mascot, PENG brings warmth and vitality to decentralized finance. Join us as we embrace the chill and ride the waves of success with PENG. Website | Twitter | Telegram | Instagram | CoinMarketCap | DEXTools PENG Jacob Baker cex@pengsol.xyz https://pengsol.xyz/ Disclaimer: The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.   Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Robert Kiyosaki has issued a stark warning about an impending financial disaster, which he believes will devastate baby boomers. A crypto analyst predicts bitcoin could exceed $330,000, defying historical growth patterns through a combination of pattern disruptions and the theory of diminishing returns. Venture capitalist Tim Draper forecasts that bitcoin will dramatically transform El Salvador […]

submitted by /u/Perfect_Ability_1190 [link] [comments]

Memecoin project Book of Meme (BOME) has emerged as the latest shining star in the crypto market over the last few days. Following its official launch this week, BOME has attracted much investor interest, acquiring a market cap of $1 billion within 48 hours of trading. BOME’s sudden emergence can be regarded as a silver lining in the crypto space in the last week amidst Bitcoin’s 4% decline, which resulted in the maiden cryptocurrency falling to around $65,345.14. Meanwhile, Ethereum is also down by 10%, while prominent memecoins Dogecoin and Shiba Inu also recorded losses to the tune of 24.23% and 16.69% over the last seven days.  Related Reading: Solana’s Biggest Memecoin Gains Over $680,000 In 3 Days As Investors Bet On Its Popularity What Is The Book Of Meme? The Book of Meme was founded by DarkFarms, the creator of another popular memecoin Pepecoin. BOME functions as an experimental project aimed at incorporating memes, decentralized storage solutions, degen shitcoin trading, and gambling on a single platform in a bid to create a novel web3 experience.  Following a successful presale that raised 10,131 SOL, BOME debuted in the crypto market on March 14 with an initial price of $0.0000496. Over the next two days, Book of Meme swiftly rose to a price region of $0.012 while achieving a market cap value of $1 billion.  Due to the sudden listing by Binance, MEMECOIN BOME rose sharply by 243% in 24h, but other MEMECOINs generally fell sharply, PEPE WIF FLOKI BONK fell by more than 10%. The current market value of BOME has exceeded US$1.38 billion, ranking seventh in MEMECOIN in terms of market… — Wu Blockchain (@WuBlockchain) March 16, 2024 Unsurprisingly, BOME’s expeditious rise has earned the coin listings on major crypto platforms, including KuCoin, Gate.io, MEXC, HTX, Crypto.com and Binance. In particular, BOME’s listing on Binance on March 16 is believed to have spurred the token to a 243% price gain within a day, allowing the memecoin to gain a peak market cap of $1.55 billion.  In a similar fashion with other highly successful memecoins, some investors have benefitted the most from BOME’s rise. Data from LookonChain reveals that a certain investor already sold all 347 million BOME for 34,647 SOL valued at $6.58 million, recording a 340x gain on 102 ($19,000) investment at the presale. Meanwhile, the largest BOME holding personal address known as sundayfunday.sol currently holds 1.242 billion BOME, valued at $29.8 million.  Related Reading: Dogecoin Open Interest Maintains Record Highs, Is A Crash Coming? BOME Price Overview At the time of writing, Book of Meme currently trades at $0.02139 with a 58.08% gain on the last day. Meanwhile, the coin’s daily trading volume is up by 125.05% and is valued at $5.18 billion. BOME’s current market cap stands at $1.18 billion, allowing the memecoin to rank as the 85th largest cryptocurrency.  BOME trading at $0.020112 on the hourly chart | Source: BOMEUSDT chart on Tradingview.com Featured image from KuCoin, chart from Tradingview