Solana Doggy (SOLDOGGY) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Solana Doggy (SOLDOGGY), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Solana Doggy presents a similar opportunity.
Solana Doggy has a market cap around $13,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,000% in the coming two days, and Solana Doggy could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Solana Doggy can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Solana Doggy on these platforms, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Solana Doggy by entering its contract address – 3f3XRScU3PnaXvsZ4ZGjxDa15SmbhWeMLxHmSyNngaAE – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like SOLDOGGY.
Crypto asset manager Grayscale has ended its four-month outflow streak from its spot Bitcoin exchange-traded fund (ETF) with inflows into the Grayscale Bitcoin Trust (GBTC) occurring for two consecutive days.
On average, GBTC experienced a significant outflow of approximately $218 million daily over 78 days, totaling over $17.5 billion since January 11.
This trend reversed on May 3 when GBTC recorded an inflow of $63 million, marking a significant positive shift.
As a result, the overall spot Bitcoin ETF market observed net positive inflows of $378.3 million after a week of losses.
The subsequent inflow recorded on May 6 was $3.9 million, bringing GBTC’s total recent inflows to $66.9 million.
Despite this recent influx, GBTC’s net outflow remains at $17.4 billion.
However, the broader U.S. spot Bitcoin ETFs landscape shows a healthy balance sheet. BlackRock’s iShares Bitcoin Trust leads with the largest overall investment, capturing net inflows of $15.5 billion.
READ MORE: Sui Network Addresses Token Supply Concerns, Asserts Transparency and Third-Party Oversight
Other significant contributors to net inflows include Fidelity Investments’ Fidelity Wise Origin Bitcoin Fund with $8.1 billion, Cathie Wood’s ARK 21Shares Bitcoin ETF with $2.1 billion, and the Bitwise Bitcoin ETF Trust with $1.7 billion.
Collectively, these investments have brought the cumulative flow into the spot Bitcoin ETF market to nearly $11.8 billion as of the latest figures.
The U.S Securities and Exchange Commission (SEC) has delayed its decision on approving or denying spot Ether ETF applications from several providers, including BlackRock, Grayscale, and Invesco Galaxy, pushing decisions to July.
The SEC stated, “The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein.”
The delay also affects other prospective Ether ETF issuers such as Fidelity, Franklin Templeton, Hashdex, and Ark 21Shares. This decision was aligned with analysts’ expectations.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Solana Slerf (SOLSLERF) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Solana Slerf (SOLSLERF), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Solana Slerf presents a similar opportunity.
Solana Slerf has market cap below $20,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 1,000%-3,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Solana Slerf could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Solana Slerf can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Solana Slerf on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Solana Slerf by entering its contract address – D2R7sKwPNpWGtEfMJiLVe5G2ZJbExnk98PEft2dhyCrL – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SOLSLERF.
Solana Slerf (SOLSLERF) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Solana Slerf (SOLSLERF), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Solana Slerf presents a similar opportunity.
Solana Slerf has market cap below $20,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 1,000%-3,000% in a matter of days or hours.
The exciting memecoin is poised to rally 5,300% in the coming two days, and Solana Slerf could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Solana Slerf can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Solana Slerf on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Solana Slerf by entering its contract address – D2R7sKwPNpWGtEfMJiLVe5G2ZJbExnk98PEft2dhyCrL – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SOLSLERF.
Grayscale Investments celebrated a significant milestone as its Grayscale Bitcoin Trust exchange-traded fund (ETF) experienced a day of net positive inflows after enduring nearly four months of continuous outflows since transitioning to a spot Bitcoin ETF in January.
On May 3, the Grayscale Bitcoin Trust (GBTC) observed $63 million in net inflows, marking a stark reversal from the approximately $17.5 billion in outflows recorded since the launch of 11 spot Bitcoin ETFs on Jan. 11, as per preliminary data from Farside.
Among the notable funds, Franklin Templeton’s Bitcoin ETF witnessed its highest-ever inflows, totaling $60.9 million.
Fidelity’s Wise Origin Bitcoin Fund led the day’s inflows with $102.6 million, followed by the Bitwise Bitcoin Fund with $33.5 million and the Invesco Galaxy Bitcoin ETF with $33.2 million.
The crypto community speculated on how this shift might influence Bitcoin’s price.
Pseudonymous crypto investor DivXman shared insights with his followers, noting GBTC’s significant role in sell pressure across spot Bitcoin ETFs but suggesting a potential turnaround.
He explained, “That effectively means a significant decrease in sell pressure and additional increase in demand while ETFs collectively are buying more BTC than miners can create.”
Crypto trader Jelle predicted to his followers that Bitcoin’s new all-time high is imminent, citing Grayscale’s ETF inflows as a catalyst for price surge.
Meanwhile, crypto trader Jordan Lindsey highlighted Bitcoin’s price response to both outflows and inflows.
At the time of publication, Bitcoin’s price had risen by 4.91% over the past 24 hours to $62,840, according to CoinMarketCap data.
Various factors contributed to Grayscale’s persistent outflows since the launch of the 11 spot Bitcoin ETFs.
One factor is GBTC’s comparatively high fees, standing at 1.5% compared to other ETFs with fees below 1%. Franklin Templeton’s ETF, for instance, boasts the lowest fee at 0.19%.
Additionally, bankrupt crypto firms FTX and Genesis have been offloading substantial GBTC shares to repay creditors.
Cointelegraph previously reported that Genesis liquidated around 36 million GBTC shares for $2.1 billion on April 6 to acquire 32,041 Bitcoin.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
The Sui Network recently addressed misconceptions regarding its token supply, rebutting critiques on the distribution and governance of its SUI token.
In a statement posted on X, the layer-1 blockchain asserted the integrity of its tokenomics and highlighted the involvement of reputable third parties in token storage and management.
According to Sui, tokens are released according to a predetermined schedule and are easily accessible to the public.
It emphasized that neither its founders nor the Sui Foundation can control the treasury or tokens allocated to investors, including those in the community reserve.
The Sui Foundation manages the primary wallet housing locked tokens, which are released under specific conditions to support various projects such as Move programming language development, network security enhancements, hackathons, and developer grants.
READ MORE: OpenAI Faces Privacy Complaint Over Chatbot Accuracy Concerns
Addressing concerns raised by Justin Bons from Cyber Capital, who highlighted potential centralization risks due to the team’s token holdings, Sui disputed these claims.
It asserted compliance with legal and regulatory standards overseen by reputable custodial service providers like BitGo, Anchorage, and Coinbase Prime, ensuring transparency and accountability.
Bons, however, challenged Sui to provide evidence demonstrating that founders cannot move or access allocated tokens, arguing that true transparency requires irrefutable proof of secure token holdings.
He cautioned against misrepresenting token status, which could undermine transparency claims.
In a separate development, in September 2023, the Sui Network streamlined Web3 logins for users on its apps, offering zero knowledge login options via platforms like Google, Facebook, and Twitch.
Renowned for its ability to handle high transaction volumes while maintaining low fees since its inception, the network continues to innovate in the realm of blockchain technology.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Flying Pepe (FLYPEPE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Bonk (BONK) and Dogecoin (DOGE).
Flying Pepe (FLYPEPE), a new Solana memecoin that was launched this week, is poised to explode over 6,800% in price in the coming days.
This is because FLYPEPE has announced its first centralized exchange listing, which will be on MEXC.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Flying Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in BONK and DOGE made astronomical returns, and Flying Pepe could become the next viral memecoin.
To buy Flying Pepe on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Flying Pepe by entering its contract address – 65orYrJbQxa5BZUWyeCsDtJC7JZg8zQYcvRZpvnnd5eq – in the receiving field.
In fact, early investors could make returns similar to those who invested in Bonk (BONK) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Bonk (BONK), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many BONK, DOGE, and WIF investors are instead investing in new Solana memecoins, like FLYPEPE.
Solana Doggy (SOLDOGGY) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Solana Doggy (SOLDOGGY), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Solana Doggy presents a similar opportunity.
Solana Doggy has a market cap around $13,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.
The exciting memecoin is poised to rally 6,000% in the coming two days, and Solana Doggy could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Solana Doggy can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Solana Doggy on these platforms, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Solana Doggy by entering its contract address – 3f3XRScU3PnaXvsZ4ZGjxDa15SmbhWeMLxHmSyNngaAE – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like SOLDOGGY.
Bitcoin’s price might witness a bullish reversal, igniting what one crypto trader calls the “next leg up,” should the inverse head-and-shoulders pattern, a well-regarded trading indicator, come into play.
Matthew Hyland, a crypto trader, shared his insights on May 4, suggesting that if Bitcoin doesn’t break through $67.5k directly, a scenario unfolding over the next month aligns with a potential bottom pattern reversal.
The inverse head-and-shoulders pattern, which he referenced, indicates a shift from a downtrend to a bullish phase, signaling increased buyer dominance.
“It would be a great setup to propel the next leg up,” Hyland asserted.
While maintaining Bitcoin’s bullish trend is contingent upon it staying above its short-term holder price of $59,500, noted pseudonymous crypto analyst Willy Woo emphasized to his 1.1 million followers on May 3.
The setup of this pattern emerges as Bitcoin’s price forms three troughs beneath a neckline resistance, with the middle trough (the head) deeper than the left and right shoulders.
Following a slight rebound from the “head” at $58,614 on May 1, if the pattern unfolds as per Hyland’s model, Bitcoin could find support around its second shoulder at $60,000, a critical level.
This projected decline would represent a 5% drop from its current price of $63,350, potentially leading to liquidation of $530 million in long positions, as per CoinGlass data.
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According to Hyland’s analysis, Bitcoin could surpass its current all-time high of $73,800 by June, aligning with increasing buyer interest in the crypto market, as evidenced by the Fear and Greed Index, which has recovered to a “Greed” score of 69 from a recent low of 43, indicating “Fear.”
Some traders anticipate Bitcoin’s price to remain stagnant in the short term, but they don’t perceive this as necessarily bearish.
“The longer the Bitcoin consolidation takes, the higher its price will meet the trendline,” noted pseudonymous crypto trader Titan of Crypto.
Echoing a similar sentiment, pseudonymous trader Daan Crypto Traders shared with his followers on X on May 4 that Bitcoin’s previous cycle all-time highs tend to decelerate price momentum, leading to temporary stalls.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Oil King (OILKING) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Oil King (OILKING), a Solana memecoin that was launched this week, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Oil King presents a similar opportunity.
Oil King has market cap below $25,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate massive returns in a matter of days or hours.
The exciting memecoin is poised to rally 8,300% in the coming two days, and Oil King could potentially reach a multi-million dollar market cap within a few weeks.
Currently, Oil King can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Oil King on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Oil King by entering its contract address – H5LmDBec75DmGLwtALURVAtLuVDUX1GMh5CGQ8r5h5rU – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like OILKING.