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Pepe / US Dollar

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Cryptocurrency Pepe / US Dollar

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Crypto trader Intuitio has classified Dogecoin (DOGE) as the 'BTC of memes,' likening it to Bitcoin in terms of safety and foundational status among meme coins. He identifies Pepe (PEPE) and Dogwifhat (WIF) as the Ethereum equivalents in the meme coin space, suggesting they offer the best risk/reward ratio. Intuitio advises a portfolio allocation of 70% in Pepe/Wif and 30% in other meme categories for potential gains, cautioning about the high volatility and early stage of the meme coin market.

Portfolio Pulse from Khyathi Dalal

May 08, 2024 | 6:07 pm

Pseudonymous trader Xremlin shared his experience of turning $5,000 into $200,000 twice by trading meme coins, emphasizing the potential of a meme coin supercycle. He highlighted Dogwifhat (WIF) and Pepe (PEPE) as examples of high-cap meme coins with 2x to 5x return potential, and discussed strategies for identifying and profiting from meme coin trends.

Portfolio Pulse from Khyathi Dalal

May 08, 2024 | 4:39 pm

VanEck, a major ETF issuer, has launched the 'MEMECOIN' index, tracking the six largest meme coins including DOGE and SHIB. The index aims to offer diversified exposure to meme coins, with a cap of 30% on individual coin weightings. This move highlights the growing interest in meme coins as potential investment vehicles despite their speculative nature.

Portfolio Pulse from Murtuza Merchant

May 08, 2024 | 3:58 pm

Cryptocurrency Pepe (CRYPTO: PEPE) has seen a price decrease of 4.34% in the last 24 hours, now at $0.0000082, despite a 27.0% increase over the past week. Trading volume has decreased by 20.0%, while the circulating supply rose by 0.35% to 420.69 trillion, matching its max supply. PEPE's market cap ranks it #34 at $3.43 billion.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 7:01 pm

Crypto trader Intuitio highlighted Dogecoin (DOGE) as the original meme coin with potential for a significant pump and as a 'billboard' for other meme coins like Pepe (PEPE) and Dogwifhat (WIF), while dismissing Shiba Inu (SHIB) as 'absolute crap'. Intuitio's views suggest a shift in the meme coin market, favoring PEPE and WIF for their organic growth and 'pure' meme status, contrasting with the performance of SHIB. The discussion reflects the volatile and speculative nature of meme coins in the cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

May 07, 2024 | 6:02 pm

Apatheticwhale, a self-proclaimed meme coin millionaire, shared his strategy for making millions with meme coins, involving creating numerous aged Ethereum and Solana accounts to accumulate 2-4% of several promising projects. He credits his wealth to this method, having applied it successfully to cryptocurrencies like Shiba Inu, Pepe, BabyDoge, and Dogecoin, which he still holds a significant amount of.

Portfolio Pulse from Khyathi Dalal

May 07, 2024 | 2:12 pm

Cryptocurrency trader Lark Davis cautions that Bitcoin could still face a correction despite bullish indicators like MACD bull cross and RSI breakout. He notes Bitcoin's strength and potential for a rally, but warns investors not to get overly confident. Davis also discusses the altcoin market, highlighting Ethereum's Layer-2 networks, competition among top blockchains like Cardano, Polkadot, and Avalanche, and the rise of meme coins such as Shiba Inu and Pepe.

Portfolio Pulse from Khyathi Dalal

May 06, 2024 | 5:55 pm

Over the weekend, meme coins experienced significant gains, led by Dogwifhat (WIF), with Dogecoin (DOGE), Floki (FLOKI), and Pepe (PEPE) also posting double-digit increases. The rally was attributed to sustained strength in the cryptocurrency market, influenced by the Federal Reserve's rate decision and dovish comments by Jerome Powell. Reports of Tesla accepting Doge for payments on its online shop contributed to the momentum, alongside predictions of a bull run for Doge by crypto analyst Ali Martinez.

Portfolio Pulse from Shanthi Rexaline

May 04, 2024 | 8:44 pm

MAGA Memecoin (CRYPTO: TRUMP), a Trump-themed cryptocurrency, is gaining attention as the 2024 election approaches, with its chief marketing officer, Steven Steele, suggesting its value could rise with Donald Trump's potential re-election. The coin, which has donated over $1 million in Ethereum to charity, aims to rival Dogecoin and Shiba Inu in popularity. Despite competition from other political meme coins like BODEN, Steele remains optimistic about TRUMP's prospects. Donald Trump's changing stance on cryptocurrencies and his significant holding in TRUMP add to the coin's visibility.

Portfolio Pulse from Ivan Crnogatić

May 04, 2024 | 5:08 pm

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