Dogecoin, Shiba Inu, Pepe May Have Overtaken These Nasdaq-Listed Companies Toward Billion-Dollar Valuations, But There's A Catch
Cryptocurrencies based on internet memes and online communities are jumping to billion-dollar valuations in record quick time, leaving behind corporate America in the process. What happened: A study by cryptocurrency analytics firm Social Capital Markets revealed that some Nasdaq-listed companies took an average of 25-35 years to reach billion-dollar valuations, while meme coin projects like Shiba Inu SHIB/USD and Pepe PEPE/USD achieved a similar feat in less than a year. For instance, Shiba Inu achieved a valuation of around $10.8 billion in just a year from launch, while Nice Ltd. NICE, founded in 1986, took 35 years to reach a comparable market cap. Search Tickers, Companies or News... Dogecoin, Shiba Inu, Pepe May Have Overtaken These Nasdaq-Listed Companies Toward Billion-Dollar Valuations, But There's A Catch by Aniket Verma October 17, 2024 3:28 AM | 2 min read | Make a Comment
Cryptocurrencies based on internet memes and online communities are jumping to billion-dollar valuations in record quick time, leaving behind corporate America in the process.
What happened: A study by cryptocurrency analytics firm Social Capital Markets revealed that some Nasdaq-listed companies took an average of 25-35 years to reach billion-dollar valuations, while meme coin projects like Shiba Inu SHIB/USD and Pepe PEPE/USD achieved a similar feat in less than a year.
For instance, Shiba Inu achieved a valuation of around $10.8 billion in just a year from launch, while Nice Ltd. NICE, founded in 1986, took 35 years to reach a comparable market cap.
Similarly, Dogecoin DOGE/USD, the biggest meme coin by market valuation currently, achieved a $17 billion valuation in eight years with a team of just 12 members. In comparison, Nutanix Inc. NTNX, having a headcount of 6,000, took 15 years to reach a similar valuation.
Potential Alert: $HMSTR Could Skyrocket! 🚀 Picture this: snagging $HMSTR at just $0.015 and watching it surge to $1.50—an incredible 100x return! 💰 With just 1,851 coins in your pocket, your investment could balloon to $2,776.50. That's the kind of gain every sharp investor dreams about. So, what could trigger such a rise? 🌟 Keep an eye out for major partnerships, innovative developments, or a sudden shift in market sentiment that could send $HMSTR soaring. Of course, we all know the crypto market can be a rollercoaster—big gains can just as easily flip to losses. 📉📈 The secret? Staying informed and keeping your portfolio diversified. Your next big win could be closer than you think. Don’t miss the chance to jump on this opportunity with $HMSTR! #HamsterKombat #BNBChainMemecoins
The X Empire . X Empire Airdrop – Mark Your Calendars for October 24th, 2024! 🚨 The countdown to the highly anticipated X Empire airdrop has begun! On October 24th, 2024, $X tokens will make their official debut, and excitement is already building in the crypto community. Whether you’re a seasoned trader or a newcomer, this could be your chance to jump in on the next big thing! 📅 The price predictions are creating a buzz, with two possible scenarios on the table. In a steady market, $X could land around $0.002 after the listing. But if the demand and hype take off, we might see a surge to $0.02-$0.03! With strong engagement and in-game utility driving interest, anything is possible. Don’t miss out—set your reminders and be ready to dive into X Empire on listing day!
WHAT ARE CRYPTO AIRDROPS? Coin airdrops are a marketing strategy used by cryptocurrency projects to distribute free tokens or coins to the crypto community, typically to promote their project, increase awareness, and drive adoption. Here's a detailed explanation:
*Why do projects conduct airdrops?*
1. *Increased awareness*: Airdrops help projects reach a wider audience, generating buzz and visibility. 2. *Community building*: By distributing free tokens, projects encourage people to join their community and participate in discussions. 3. *Reward loyal followers*: Airdrops can reward loyal supporters and encourage continued engagement. 4. *Listing and trading*: Airdropped tokens can be listed on exchanges, facilitating trading and liquidity.
*Types of airdrops*
1. *Standard airdrop*: Free tokens are distributed to recipients. 2. *Bounty airdrop*: Recipients complete tasks (e.g., social media sharing) to receive tokens. 3. *Holder airdrop*: Tokens are distributed to holders of a specific cryptocurrency. 4. *Exclusive airdrop*: Limited to specific groups or communities.
*How to participate in airdrops*
1. Research legitimate projects and their airdrop programs. 2. Follow project announcements and social media channels. 3. Register on project websites or platforms (if required). 4. Provide a valid wallet address to receive tokens.
*Risks and precautions*
1. *Scams*: Be cautious of fake airdrops and phishing attempts. 2. *Spam*: Airdrops may flood your inbox or social media. 3. *Tax implications*: Airdropped tokens may be subject to taxes.
*Conclusion*
Coin airdrops can be a great way to discover new cryptocurrency projects and potentially benefit from free tokens. However, always prioritize caution, research thoroughly, and understand the terms and conditions involved.
Pi Network Price Prediction: Will $100 Be the Next Milestone
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Pi Network Price Prediction: Will $100 B...
Pi Network Price Prediction: Will $100 Be the Next Milestone
31-Jul-2024By: Lokesh Gupta


Exchange prices reflect IOUs, not transferable assets
In March 2024, PI coin experienced a significant rise, going from $40 to nearly $120 within a few days.
This price rally was short-lived, as the PI coin's value dropped to $42.00 on March 15.
Over the past five months, PI coin has been trading within a consolidation zone, ranging from $35.00 to $50.00.
The chart shows a clear descending channel pattern forming since mid-March.
In July 2024, the price of PI has been volatile, trading between $29.00 and $50.00.
A breakout above $50 could signal the start of a new bullish trend, with key resistance levels at $70 and $90.
According to Coingabbar Prediction, Conversely, a breakdown below $30 could trigger a bearish trend, with key support levels at $25 and $20.
Pi coin has the potential to reach $100 in the future, but it could also end up being worthless.
KEY LEVELS :
RESISTANCE LEVEL : $44.00-$50.00
SUPPORT LEVEL : $33.00-$28.00
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
HomeCrypto NewsMarketElon Musk's AI Predicts XRP is Set for a 234% Bullish Run to Multi-Year Highs Elon Musk’s AI Predicts XRP is Set for a 234% Bullish Run to Multi-Year Highs DATE:
JULY 30, 2024 WRITTEN BY:
BRENDA MARY Follow Us On
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freestar Elon Musk’s AI Grok predicts XRP price rise to multi-year highs, projecting a possible 234% increase from the current price level.
As the cryptocurrency market buzzes with predictions of a more robust bull run, XRP finds itself at the center of attention. Zach Humphries recently sought insights from Musk’s xAI-developed Grok about XRP’s price prospects. He directly asked if XRP would see a price increase this year.
XRP or Stellar (XLM)? We asked ChatGPT-4o which crypto is a better buy for 2024
XRP and Stellar (XLM) are often considered competitors in the cryptocurrency market due to their shared focus on revolutionizing the financial industry.
Both cryptocurrencies aim to provide alternatives to traditional financial systems, but they cater to different segments. This shared mission of improving financial transactions places XRP and XLM in direct competition, making them two of the industry’s most closely watched digital assets.
In this regard, Finbold turned to OpenAI’s most recent artificial intelligence (AI) tool, ChatGPT-4o, to gather insights on which crypto might be ideal.
Solana Joins “Big Three” Cryptocurrencies as Spot ETF Hopes Rise Track your Portfolio 
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Solana Joins “Big Three” Cryptocurrencies as Spot ETF Hopes Rise
Author: Mustafa Mulla




Jul 22, 2024 10:36


Story Highlights
Crypto market will see a Trio of combined Spot ETFs for BTC, ETH, and SOL soon.
Spot crypto ETFs have rapidly drawn billions from investors, reflecting high interest.
Combined ETFs could offer diversified exposure, increasing demand and reducing risk.
Solana (SOL), the fifth-largest cryptocurrency by market cap, has established itself alongside Bitcoin and Ethereum as part of crypto’s Big Three. With Bitcoin and Ethereum already having spot ETFs or about to launch them, it’s likely that Solana will get one too. This could significantly impact SOL, potentially even greater than what we’ve seen with Bitcoin and Ethereum.
Nate Geraci, President of The ETF Store, has speculated that issuers might soon pursue a combination of spot ETFs encompassing Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). This prediction highlights the growing anticipation surrounding multi-crypto ETFs.
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Could this be the next big thing?
The Surge of Spot Crypto ETFs
2024 has been a landmark year for spot crypto ETFs, which have captivated the market and attracted billions from eager investors. The approval of spot Bitcoin ETFs on January 11 injected fresh optimism into the crypto space, paving the way for similar offerings for Ethereum. The success of Bitcoin ETFs has not only sparked increased investor interest in Ethereum but has also driven Bitcoin prices up to $74,000.
With Bitcoin and Ethereum ETFs launched, more crypto exchange-traded products are now possible, including a potential ETF for Solana. The success of these initial ETFs shows that investors are eager for more options and managed crypto investments.
Bitcoin takes another leg down as Mt. Gox repayments to creditors begin Cryptocurrencies plunged Friday as investors focused on the payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.
Bitcoin’s price was last lower by nearly 3% to $56,571.00, according to Coin Metrics. Earlier in the day, the world’s biggest cryptocurrency had slumped as low as $53,513.55, marking its first time trading below the $55,000 level since Feb. 27.
Rival token ether, meanwhile, sank around 5% to $2,971.68.
At one point in time, the entire cryptocurrency market had shed more than $170 billion in combined market capitalization in a 24-hour period, according to CoinGecko data.
On Friday, the trustee for the Mt. Gox bankruptcy estate, Nobuaki Kobayashi, said in a statement that it had begun making repayments in bitcoin and bitcoin cash to some of the creditors through a number of designated crypto exchanges.
Mt. Gox’s trustee didn’t specify how much money had been transferred to these exchanges.
🚨What happened in Crypto in the last 12h?🚨 • $BNB - Binance announced the launch of the $IO Launchpool. Trading starting June 11. • $CFX - #AnchorX_Ltd joined China's Belt and Road delegation, signing MoUs with AIFC and Aral Petroleum Capital. (Conflux and AnchorX plan to launch AxHKD stablecoin in Q2) • $CPOOL - Clearpool has teased that Base chain or Coinbase-related announcement. • $GME - Roaring Kitty will go live on June 7 at 16:00 UTC. • $INJ - Injective has released the first comprehensive paper on $INJ , detailing the token's utilities and deflationary mechanisms. • $JTO - #phantom has launched native liquid staking on solana in partnership with Jito. • $SAND - Sandbox has raised $20M in convertible debt co-led by Kingsway Capital and Animoca Brands. • #PANDORA - Pandora has released the beta version of the ERC-404 Launchpad. 5% of each token launched will be airdropped to $PANDORA holders. • $PHA - Phala Network has announced that Multi AI Agent bots are coming to Telegram soon and $PHA just entered the 5th halving period. • #RSS3 - RSS3 Founder #JoshuaRSS3 hinted Google spin up and run RSS3 nodes. • $ZEN - Horizen has proposed a Strategic Technical Plan for migrating $ZEN and EON. Voting begins on 6/18. • $ZIL - Zilliqa has hinted at an announcement coming tomorrow.
Bitcoin Price Hits $71,000 as Meme Coins ORDI, DOG, and PUPS Surge Runes token DOG and BRC-20 token PUPS have more than doubled in price this week as Bitcoin continues climbing.
Bitcoin Price Hits $71,000 as Meme Coins ORDI, DOG, and PUPS Surge
Runes token DOG and BRC-20 token PUPS have more than doubled in price this week as Bitcoin continues climbing.
The leading cryptocurrency is on the rise again, as Bitcoin hit its highest price in two weeks and nearing the highest point seen since April’s quadrennial halving event. It comes as Bitcoin-based fungible tokens like ORDI and DOG are surging in price, reflecting growing interest in BTC meme coins.
Bitcoin rose above the $71,000 mark on Tuesday, according to Coinbase, popping as high as $71,042. At a current price of $70,885, per CoinGecko, it’s up more than 2% on the day, pushing its 30-day rise to 10%.
But some of the biggest fungible tokens minted on the Bitcoin blockchain via the BRC-20 and Runes token standards are seeing much larger gains of late—including ORDI, a token that had cooled off in recent months.
ORDI, which was the first token minted last year via the BRC-20 standard on Bitcoin, is up nearly 16% on the day to a current price just below $54. That’s the highest price recorded since early April, back when BRC-20 assets were broadly cooling off in anticipation of the new Runes token protocol launching alongside the April 19 halving.
Now ORDI has marked a 33% jump in the last week alone, reaffirming its status as the largest Bitcoin-based fungible token by market cap at $1.13 billion. It’s the 92nd largest cryptocurrency overall by that mark, per CoinGecko.
Other BRC-20 tokens are up much larger this week as well, including PUPS (up 121%) and Bitcoin Wizards (WZRD, up 136%). Meanwhile, the top Runes token has posted similar gains—and could be gunning for ORDI’s spot as the leading Bitcoin meme coin.
That newcomer is DOG•GO•TO•THE•MOON, aka DOG, which is by far the biggest token minted on the Runes protocol so far. It was airdropped free to holders of Runestones—an NFT-like Ordinals inscription that itself was airdropped free to early Ordinals collectors.
Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap
The meme coin is the largest asset to be launched on Runes DOG market cap is approaching $1 billion following a 200% rise in the past month. It is the largest meme coin on the Bitcoin blockchain and the seventh largest overall. The rally comes after a 60% decline following its launch and the bitcoin halving in AprilA meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap after surging 200% over the past 30 days. The aptly named DOG•GO•TO•THE•MOON (DOG) token spawned on April 20 during the bitcoin halving event. It became "Rune Number 3" and has since become the largest meme coin on Bitcoin and the seventh-largest meme coin across the crypto market. The largest, dogecoin (DOGE), has a market cap of $23 billion. DOG's rise comes on the back of a flurry of meme-coin activity with the likes of SHIB, PEPE and FLOKI all adding billions of dollars to their market caps since the start of the year. While most other meme coins are issued on super-fast blockchains like Solana and Base, DOG is helping establish Runes as a legitimate Bitcoin layer-2 network despite the cumbersome nature of the Bitcoin blockchain. Runes is essentially a way of making transactions cheaper and faster than the Ordinals Protocol, which embeds data into the Bitcoin blockchain by inscribing information into small Bitcoin-based transactions. DOG has racked up close to $100 million in trading volume over the past 24 hours as traders begin betting on whether a Bitcoin-based meme coin could emulate the success of established equivalents on other chains. It's worth noting that meme coins are highly volatile assets as they ebb and flow based on social media narrative and not on an underlying use case. Following its launch, DOG slumped by more than 60% in three weeks before embarking on its recent rally.
Cryptocurrency . A cryptocurrency, crypto-currency, or crypto[a] is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.[2] Individual coin ownership records are stored in a digital ledger, which is a computerized database using strong cryptography to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership.[3][4][5] Despite the term that has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered to be currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdicitons, including classification as commodities, securities, and currencies. Cryptocurrencies are generally viewed as a distinct asset class in practice.[6][7][8] Some crypto schemes use validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake. Generally, these token stakers get additional ownership in the token over time via network fees, newly minted tokens, or other such reward mechanisms.[9]
Cryptocurrency does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency (CBDC). [10] When a cryptocurrency is minted, created prior to issuance, or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[11]
Will Binance Delist some Alticoins ? In the latest development, Binance has announced to delist and cease the trading of significant altcoins OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM) set to take effect on June 17th, 2024. The move comes amidst Binance’s ongoing quality assurance processes to ensure that only the most reliable and secure assets are available on the platform. Several criteria for delisting included the activity level of the altcoin’s development team, trading volume, liquidity, network stability, security, adherence to due diligence, and community communication
🎉 Holders, rejoice! Pepe just announced a massive burn of 6.9 trillion $PEPE tokens, totaling approximately $6,000,000! 😱 And guess what? It's about to get even better because this update will soon hit Binance too! 🌟 🔥 Burning tokens permanently removes them from the project's supply, creating scarcity and boosting the value of the remaining tokens. 💰 Plus, with a deflationary mechanism in place, a small percentage of tokens are burned with each transaction, setting the stage for even more scarcity and potential value growth over time! 📈 🔥 Get ready to witness the power of scarcity and value appreciation with $PEPE ! Hold tight and stay tuned for more updates on this incredible journey! 🚀💸 #PEPE #BurnBabyBurn #ValueAppreciation 🌟 Give a little love with a tip 💛. #BullorBear #bitcoinhalving
Ready to Become Billionaires? 💰 Check Out These Top 3 Coins! 1. $SHIB 2. $PEPE 3. $BONK These coins are the talk of the town, and for good reason! With $PEPE leading the charge with a staggering 24-hour trading volume of 100 trillion, followed by $BONK at 7 trillion and $SHIB at 6 trillion, the numbers speak for themselves! 📈😱 I'm personally holding onto these gems, and let's not forget about 1000sats, another promising coin to consider. But remember, always stay vigilant and do your own research before diving in. Let's ride the crypto wave together and make those billions! 🌊💼 #CryptoBillionaires #RideTheWave #DYOR #bitcoinhalving #BullorBear