Coin Metrics: Market trends amid the meme craze
Decipher the surge in memecoin activity and the market trends shaping the industry.

Decipher the surge in memecoin activity and the market trends shaping the industry.
We can attribute this to the fact that retail investors can no longer make any money under the current market structure.
Kraken lists BONK and WIF meme coins for UK users, alongside other new coins. Expansion includes TradeStation Crypto and Coin Meester B.V. acquisitions. Kraken Wallet offers open-source solution for diverse blockchain assets, enhancing security.
The volatility of MemeCoins may negatively impact portfolio stability.
The crypto market experienced a turbulent period with the sharp sell-off, but Bitcoin showed resilience in its rebound. Anticipation builds for the Sponge V2 launch, promising upgraded utility and incentives. As the market navigates uncertainties, analysts present divergent views, contributing to the complex landscape of cryptocurrency investments.
Meme coins like $TSUKA show volatile gains but high risks, emphasizing the importance of timing in investments. Sponge v2, building on past successes, aims to merge meme status with sustainable utility, targeting mainstream adoption.
Coinbase is attempting to change the narrative around cryptocurrencies as part of an upcoming television advertisement campaign.
Metaverse is still very much important as the days of the internet are taking a new shape with the migration of different projects into Web3.
The longer the cryptocurrency bear market wears on, the closer the valuations of Dogecoin and Shiba Inu have become.
INTERNET CITY, DUBAI, Jul. 20, 2022 – LBank Exchange, a global digital asset trading platform, has listed CRYPTOKKI COIN (TOKKI) ...