Top Meme Coins To Watch Today Thursday, May 9 - Loser coin, Safemoon Inu, Sealana, Befe insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.
Loser Coin (LOWB) traded 3.9% lower against the US dollar during the 1 day period ending at 11:00 AM ET on April 10th. In the last week, Loser Coin has traded down 14.3% against the US dollar. One Loser Coin coin can currently be purchased for about $0.0000 or 0.00000000 BTC on cryptocurrency exchanges. Loser […]
Loser Coin (LOWB) traded down 3% against the dollar during the 24-hour period ending at 18:00 PM Eastern on March 15th. Loser Coin has a total market cap of $2.42 million and $583,954.00 worth of Loser Coin was traded on exchanges in the last 24 hours. During the last week, Loser Coin has traded down […]
Loser Coin (CURRENCY:LOWB) traded 4.1% lower against the dollar during the 1 day period ending at 12:00 PM Eastern on March 7th. One Loser Coin coin can currently be purchased for $0.0000 or 0.00000000 BTC on major exchanges. Over the last week, Loser Coin has traded 1.2% lower against the dollar. Loser Coin has a […]
July 11, 2021
Reuters
Meme coins are all the rage now, especially among younger investors. Find out whether these humorous cryptocurrencies are a serious investment or if they are just a bad joke.
Everyone loves a good meme, no matter your age or nationality. There’s a humorous take on anything and everything, be it the public meltdown of a national broadsheet’s CEO or one of the most memorable tales in Greek mythology.
In the world of cryptocurrency, meme coins may have been conceived as a joke, but investors are starting to take serious notice.
Elon Musk for one, has unceremoniously dumped Bitcoin in favour of Dogecoin. The head honcho of Tesla has even gone on record to say that he hasn’t sold any of his Dogecoins nor does he plan to part with them.
Many punters, drooling over dogecoin and other virtual currencies, are now trapped trying to chase momentum. They fell for the fear of missing out (FOMO) and now their dreams of becoming wealthy overnight lay shattered, as the cryptocurrency market lost $830 billion in the weeks meltdown.
1. What’s behind the crypto market crash?
The crypto market crashed, dipping to a market cap of US$1.3 trillion at one point.
Image: Envato Elements
By the numbers: Bitcoin — over 5,000% increase in Google search volume.
Bitcoin has fallen to below US$40,000 for the first time since Feb. 8 — when Tesla announced a US$1.5 billion Bitcoin purchase. But Bitcoin isn’t alone — the entire crypto market has been sinking, shedding a trillion dollars in total market cap in just a week.
A series of events contributed to crypto’s downward spiral. One of the triggers appears to be Elon Musk announcing that Tesla would no longer accept Bitcoin as payment for its electric vehicles.