Blockchain tracker Lookonchain says one proficient cryptocurrency trader is enjoying a 38,399x return on a new memecoin. According to Lookonchain, an anonymous trader is making huge profits from Just a Chill Guy (CHILLGUY), a meme coin built by Solana (SOL) based on a viral comic. “We turned $160 into $614M. That’s 38,399 times your profit! 12 days ago, this trader spent only 0.75 SOL ($160) to buy 12.5M CHILLGUY on http://Pump.fun and then sold 2.8M CHILLGUY for 149 $SOL ($35.4K). chill guy The trader still holds 9.62M CHILLGUY ($6.1M), for a total profit of $614M!” Source: Lookonchain/X Source: Lookonchain/X CHILLGUY…
Author: Crypto Flexs
Read More
Current location: house » African Cryptocurrency Weekly Review: Telegram Driving Growth, Coinbase Eyes Kenya As Morocco Lifts Crypto Ban, But Will South Africa Win? author Last updated date: November 30, 2024 Fact Checker’s full profile Author’s full profile In African cryptocurrency news this week, the Kenyan cryptocurrency scene is in the crosshairs of Coinbase for its new M-PESA transaction aimed at supercharging cryptocurrency Africa. Morocco’s cryptocurrency policy reversal could lead to the launch of a new CBDC on the continent. Africa is not left behind in the cryptocurrency boom. With cryptocurrency prices rising, the continent has now become a hotspot…
ARB recorded the highest chain netflow in the last 24 hours, surpassing Ethereum and Solana. However, it faced a major obstacle at a key resistance level where there was significant selling pressure. Over the past month, Arbitrum (ARB) has shown a consistent bullish trend with a notable gain of 78.80%. This momentum extends to shorter time frames, with weekly and daily increases of 15.20% and 8.08%, respectively. As AMBCrypto previously reported, this upward trend could continue as market participant action continues to support the bullish momentum. Netflow fuel accumulation interest increases At press time, data showed that the altcoin recorded…
Top news of the week Dogecoin flips Porsche market cap as DOGE ETP, Musk drives rally. Dogecoin has surpassed the market capitalization of luxury car manufacturer Porsche, thanks to Elon Musk’s approval and the potential launch of an exchange-traded product on memecoin. According to Cointelegraph data, as of 8:34 a.m. UTC on November 27, Dogecoin had a market capitalization of $57.8 billion, up 175% over the past month, surpassing Porsche’s market capitalization of $56.1 billion. Dogecoin has gained significant momentum in 2024, thanks in part to continued social media endorsements from billionaire Elon Musk. Musk’s recent involvement in creating the…
Cryptocurrency markets witnessed notable inflows during Friday’s US market session as Bitcoin anticipated another attempt at $100,000. Most major altcoins, including: XRP price is showing strength above the $1.63 resistance, suggesting further upside potential.The current Ripple cryptocurrency price is trading at $1.68, up 1.4% intraday. According to Coinmarketcap, XRP’s market capitalization is $96 billion, overtaking BNB coin and taking the position of the fifth-largest cryptocurrency. A breakout of the XRP price in a pennant pattern signals a possible rise to $2. The Fibonacci extension tool highlights key resistance levels in $. Derivatives market data shows investor confidence in a long-term…
The cryptocurrency market is famous for its explosive growth. For example, coins like Dogecoin come from humble beginnings. Its market capitalization stands at a whopping $62 billion (at the time of writing). A more recent example is the success of PEPE, which captured the attention of meme coin enthusiasts. This success demonstrates the enormous potential of digital assets to deliver astronomical returns. While these meme coins are generating interest, more and more smart investors are turning their attention to another kind of innovation: 1FUEL, the next-generation cryptocurrency wallet that will transform asset management in the blockchain space. Market Evolution: From…
Darius Varu November 25, 2024 08:57 Binance plans to expand its European-style options offering by launching BNBUSDT and SOLUSDT monthly options on November 26, 2024. In a strategic move to expand its offerings in the options trading market, Binance announced the launch of BNBUSDT and SOLUSDT monthly options starting November 26, 2024 at 08:00 UTC. According to Binance, this development forms part of a broader initiative to improve the diversity of financial products available to traders. European Option Contract The new option contracts can only be exercised on a European basis, i.e. on the…
Have you ever wondered how cryptocurrencies like Bitcoin work? The answer lies in blockchain technology. Although blockchain is often associated with digital currencies, it has applications beyond that, revolutionizing industries from finance to supply chain. In this article, we will find out what blockchain technology is, how it works, and why it is becoming increasingly important in today’s world.What is blockchain technology?Blockchain DefinitionBasically, blockchain is a decentralized distributed ledger technology that records transactions across multiple computers in a secure and transparent manner. The term blockchain comes from the structure of the technology. Data is stored in blocks, and each block…
Memereum improves accessibility with new payment methods as community engagement grows – Chainwire housenewsroomMemereum improves accessibility with new payment methods as community participation grows. We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic…
Top news of the week Dogecoin flips Porsche market cap as DOGE ETP, Musk drives rally. Dogecoin has surpassed the market capitalization of luxury car manufacturer Porsche, thanks to Elon Musk’s approval and the potential launch of an exchange-traded product on memecoin. According to Cointelegraph data, as of 8:34 a.m. UTC on November 27, Dogecoin had a market capitalization of $57.8 billion, up 175% over the past month, surpassing Porsche’s market capitalization of $56.1 billion. Dogecoin has gained significant momentum in 2024, thanks in part to continued social media endorsements from billionaire Elon Musk. Musk’s recent involvement in creating the…