Trending Solana Meme Coin SLERF Soars 35% Daily: Details
CryptoPotato » Solana
by Dimitar Dzhondzhorov
2d ago
TL;DR Slerf (SLERF) experienced a significant price surge, becoming one of the top Solana-based meme coins. The asset’s previous rise was accompanied by controversy, including a developer error, highlighting the risks associated with meme coin investments. The cryptocurrency sector has recently returned to green territory, with the global market capitalization spiking above $2.8 trillion. Bitcoin (BTC) and other leading digital assets have rallied significantly, but their ascents can’t be compared to Slerf’s (SLERF). The price of the recently-emerged token has jumped by 35% on a 24-hour sca ..read more
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Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares
CryptoPotato » Solana
by Chayanika Deka
3d ago
Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week. The figures, however, were two-thirds lower than the previous week’s figures. Despite a recent price correction leading t ..read more
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ChatGPT Analyzes Which Solana Meme Coins Can Outperform Shiba Inu (SHIB) in 2024
CryptoPotato » Solana
by Dimitar Dzhondzhorov
5d ago
TL;DR Solana-based meme coins could potentially outperform Shiba Inu, depending on market support and influential endorsements. Dogwifhat and Bonk Inu stand out for their recent gains and exchange listings, though overtaking Shiba Inu’s market dominance seems like a tough mission. What Needs to Happen? The meme coin sector has recently made serious waves, with its market capitalization briefly surging above $60 billion. Some of the assets of that type generating the most interest due to their impressive price spikes are built on the Solana blockchain. As such, we decided to ask ChatGPT whet ..read more
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This Trending Meme Coin Explodes 50% Daily: Details
CryptoPotato » Solana
by Dimitar Dzhondzhorov
5d ago
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Today’s best performer from that list is Book of Meme (BOME). The asset has experienced a price spike of approximately 50% on a 24-hour scale, while its market capitalization briefly exceeded $900 million ..read more
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Trending Solana Meme Coin SLERF Closer to Enter Top 100 Crypto List Following 30% Daily Surge
CryptoPotato » Solana
by Dimitar Dzhondzhorov
1w ago
TL;DR Bitcoin (BTC) dropped below $61,000, but some Solana-based meme coins like Book of Meme (BOME) are well in the green. Another meme coin, Slerf (SLERF), spiked in price before being involved in a suspicious activity that erased $10 million in investor funds. The correction in the cryptocurrency market has intensified in the past 24 hours, with Bitcoin (BTC) dropping below $61,000 for the first time in two weeks. However, some Solana-based meme coins continue defying the negative trends, witnessing substantial gains. One evident example is Book of Meme (BOME), whose valuation briefly sp ..read more
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Meme Coin Madness: This Trader Made Over $3 Million in Less Than Three Days
CryptoPotato » Solana
by Dimitar Dzhondzhorov
1w ago
TL;DR A trader made over $3 million from investing in different types of meme coins. While some investors have achieved life-changing profits from such activities, the sector’s notorious volatility also poses significant risks of losses. The meme coin sector continues to spew tokens that experience substantial price increases in a short period of time, thus offering investors the chance to make substantial profits. Lookonchain revealed the case of one such trader who generated over $3 million in less than three days. The mysterious person initially invested 9,894 SOL in the newest Solana-ba ..read more
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CryptoQuant CEO Warns Against Meme Coin Hype: A Threat to Industry Progress?
CryptoPotato » Solana
by Chayanika Deka
1w ago
The incident involving the Solana-based Slerf (SLERF) meme coin’s $10-million bungle has sparked intense speculation. While the team said that the action was a mindless misclick, others speculate that it might have been a daring marketing stunt. Regardless of the true nature of the event, it has undeniably garnered significant attention across social media platforms and within the market. The intrigue surrounding the incident has only served to heighten interest in the project, as well as the entire meme coin market in general. Not everyone views this development positively. Ki Young Ju from C ..read more
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This Solana Meme Coin Jumps 70% Daily: Could it Become the Next Sensation?
CryptoPotato » Solana
by Dimitar Dzhondzhorov
1w ago
TL;DR The cryptocurrency market is correcting, with numerous assets in decline, but this new sloth-themed meme coin defies the trend by surging 70%. Despite its success, it faced a setback when the developer accidentally burnt $10 million in funds. The cryptocurrency sector has been on the decline today (March 19) after thriving significantly in the past several months. Leading digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and many more are well in the red, while the global crypto market capitalization dropped to approximately $2.5 trillion (per CoinGecko ..read more
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Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares
CryptoPotato » Solana
by Chayanika Deka
1w ago
Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which stood at $10.6 billion. Mixed Bag for Global Regions Trading volumes for the week remained steady at $43 billion, matching the previous week’s records and constituting a larger share of 47% of the overall global Bitcoin volumes. Fur ..read more
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Solana (SOL) Flips BNB But These Altcoins Are Outperforming 
CryptoPotato » Solana
by Martin Young
1w ago
Solana’s market capitalization has topped $90 billion following a 10% gain on the day for SOL. This has driven token prices to just below $205, the highest level since December 2021. Furthermore, SOL has gained a whopping 45% over the past seven days as altcoins start to move in the wake of Bitcoin’s retreat from all-time highs last week. The big move enabled SOL to flip BNB for the fourth spot in the market cap charts, as the Binance token lost 1.5% on the day, falling to $571 at the time of writing. BNB’s market cap was $88 billion at the time of writing, ranking it fifth. sol just flipped ..read more
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