Memeverseの‌価格MEME

Getting to be about that time where I have to update my "metas of the moment" cringe meme. Will have to make a bunch of space for InfoFi (kaito, cookie, loudio) and take out some of the more techy buzzwords that never took off (orchestration, intersubjective, etc)

Nobody works harder than legit dedicated meme communities If you run a blockchain you should identify those organic movements pay attention to them and nurture them. They are best best marketing you could ever ask for.

$NUMMUS on Solana is up 21% in 1H! 🔥 Signal by @KaBoomAlpha 📈 5m: -4% | 1h: 21% | 6h: -23% | 24h: 7% 💰 FDV: 2,888 | Liq: 210 | Vol24: 755 (kUSD) 🔒 LPLock: 99% | Top10: 17% | ⏳ 6.35d 🟢 Smart Contract Risk: low @NummusMemeCoin #Solana #meme #KaBoom

Solana's price will probably underperform rival Ethereum's over the next "two to three years" because of scaling issues that currently prevent the blockchain from having wider application than its current meme coin focus, international banking group Standard Chartered said in initiating coverage of the crypto on Tuesday. The Solana-Ethereum price ratio is likely to rise from its current level of 14 to 17 through 2028 before dipping again in 2029, Standard Chartered Head of Digital Assets Geoffrey Kendrick wrote, meaning that one SOL would trade at a significantly lower amount than its Layer-1 blockchain competitor. $SOL was recently trading at about $180, up about 2% over the past 24 hours and more than 19% during the past month, while $ETH was changing hands at nearly $2,700, a 4.5% gain and nearly 50% increase during the past 30 days, according to data provider CoinGecko. Solana hit a record high in January of a little over $293. In his note, Kendrick forecast the crypto hitting $275 by year's end and $500 by the close of 2029. He expects ETH, which reached its all-time $4,878 set in 2021, to reach $4,000 this year and $7,500 in 2029. "Beyond meme coin trading, Solana should dominate future sectors with high transaction volumes, low transaction costs and fast transaction times as they develop–in particular, high-throughput financial apps and traditional consumer apps like social media," Kendrick wrote. "However, achieving scale in these areas may be some years away." The note comes as Solana has been unable to keep pace with Ethereum, which has surged over the past month. These trends have reversed those from earlier in the year when SOL was soaring amid intense interest in meme coins that favored the network over Ethereum because of its speed and efficiency. In the interim, the meme frenzy has waned and Ethereum has boosted its prospects via the Pectra upgrade that boosted security and efficiency and increased the number of tokens that can be staked from an account helped spur an Ethereum rally. "Solana…has been optimized to produce fast, cheap and reliable transaction confirmation," Kendrick wrote. "As a result, it dominates in areas that demand high-volume, low-transaction-cost solutions. So far, this has been mostly in meme coin trading, which accounts for the majority of activity on Solana." He added: "Solana trades 'cheap' to its achieved GDP [application revenue]…As well as being heavily discounted, meme coin activity associated with Solana appears to be past its peak. Declining usage and trading ‘cheap’ are not a good mix." $SOL $ETH

⭐️ Dogecoin Prints 200% Liquidation Imbalance as Consolidation Sets In Dogecoin (#DOGE) has suffered severe liquidation as price volatility has hit the ecosystem in the last hour. This has triggered a liquidation imbalance of 200%, as long position traders saw their positions wiped out. 🔸 Liquidation spike follows failed Dogecoin recovery rally Per CoinGlass data, traders betting long in the Dogecoin futures market have lost $123,000 in the last hour, as the price change triggered this development. Notably, traders betting on DOGE to rise after it flashed a recovery have also lost. The bullish stance taken by these traders suggests that the price would continue to climb, but it took a turn as market sentiment shifted, plunging DOGE from $0.232 to $0.2266. This suggests bearish short-term momentum, which has affected trading volume as market participants pulled back. As of press time, trading volume has declined by 0.9% to $1.32 billion. Meanwhile, the price has recovered slightly, and DOGE now exchanges at $0.2268, representing a 1.06% increase in the last 24 hours. Some consider the price fluctuation of Dogecoin within the $0.2200 and $0.2300 zone as a consolidation phase for the asset. If the meme coin can stabilize above $0.2255, Dogecoin could record a breakout once the consolidation phase ends. 🔸 $0.27 resistance remains Dogecoin’s bullish gateway In the broader crypto space, Bitcoin has registered the same liquidation imbalance, with long traders also seeing their positions wiped out. The relative correlation between the two assets shows it is a general trend. Market participants, however, remain hopeful that DOGE might overcome its resistance levels and hit the $0.27 price mark. This level remains critical to Dogecoin's bullish rally in the coming days. #Dogecoin $DOGE