Portia Dutchess KlPH

Cryptoharian – Meme coins like Peanut the Squirrel (PNUT) and Pepecoin (PEPE) are currently taking center stage in the cryptocurrency market. They have managed to outperform traditional altcoins and become major trends.

Reporting from crypto.news, this extraordinary growth reflects a major shift in the crypto market driven by high investor interest and popularity on social media.
Currently, meme coins like PNUT, PEPE and Dogecoin (DOGE), Dogwifhat (WIF) and Bonk are hot topics on social media. In fact, the talk about them beats major tokens like Bitcoin and Ethereum. Success stories to huge profits from big investments in these coins are increasingly attracting the attention of many people.

Dogecoin has successfully made cryptocurrency owners rich. One of them comes from Los Angeles, USA, who has invested since last February.
He bought 5 million Dogecoin from all his savings worth US$188 thousand or Rp2.73 billion. The 33-year-old man finally became a new rich man. In the Robinhood trading platform, his funds became US$1.88 million or Rp27.26 billion.

"I found Dogecoin, and did a week of intensive research on all the pros and cons. I then decided it was very undervalued. I sold all my stocks and emptied my bank account and put it all into Dogecoin. The rest is history," he said, quoted from Newsweek, Thursday (4/22/2024)

SQUID coin itself was inspired by the popular Netflix series from South Korea, Squid Game. Technology site Gizmodo previously warned that the coin was likely a scam, and usually new crypto creators would quickly cash out their coins into cash.
The anonymous Reddit user said he was “interested” in SQUID, citing his initial investment as a research investment.

"I thought, let me put in $10 for a joke. I got about 661 Squid," he said as quoted by The Sun, Tuesday (/410/2022).