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FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

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FLOKI's gains coincide with the launch of its tokenization platform, TokenFi, but is the rally sustainable? Bitcoin's (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins , including Floki (FLOKI), which has beaten its top rivals in percentage gains. FLOKI price up 140% amid Bitcoin ETF hype, TokenFi launch As of Oct. 27, FLOKI had surged over 140% to $0.00004261, its highest level in five months. The memecoin, known for its controversial marketing tactics, started rallying after New York-based Grayscale Investments filed for a new spot Bitcoin exchange-traded fund (ETF) on NYSE Arca, as shown below. FLOKI/USD daily price chart. Source: TradingView Looking at the past 24 hours, FLOKI's gains have picked an additional boost from the launch of its tokenization platform, TokenFi, with its own native token, TOKEN, on Oct. 27. Notably, users will be allowed to stake their FLOKI holdings to receive TOKEN. $FLOKI is launching staking and a new tokeniz...

PEPE Tokens Dumped By Another Whale, Is PEPE Craze Over?

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Whale’s PEPE Token Dump According to Lookonchain, address 0x1497 recently sold its entire holdings of 972.84 billion PEPE tokens. The sale was executed for 514 ETH, equivalent to approximately $848,000. The selling price was recorded at $0.0000008718 per token. This transaction has led some individuals to question whether the seller might be engaged in Insider Trading . advertisement Further investigation reveals that the aforementioned address received 0.58 ETH from FixedFloat and promptly used a portion of it, approximately 0.027 ETH (equivalent to $58), to purchase a staggering 2.27 trillion PEPE tokens. Notably, this transaction occurred within just 10 minutes of PEPE’s trading commencement. CoinGape reported a separate incident from five days ago, a whale incurred a significant loss while trading PEPE . The whale sold 468.5 billion PEPE tokens for 109 ETH (approximately $190,000) and 237.5 thousand USDT. This transaction resulted in a 52% los...

SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits

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Pepe Coin Eyes Potential Listing With Gemini After Hitting New All-Time Highs

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Investors are waking up to see Pepe Coin hitting new all-time highs every morning since its launch in mid-April. Pepe hit another ATH on Friday touching $0.00000230 three hours ago. The skyrocketing price is attracting new investors into its fold who believe it could generate tons of profits. Speculations are rife that top-tier cryptocurrency exchange Gemini could announce a Pepe Coin listing soon. Also Read: Shiba Inu: You Can Now Become a SHIB Billionaire With Only $10,000 — Tyler Winklevoss (@tyler) May 4, 2023 The listing speculations came to life after Gemini co-founder Tyler Winklevoss sent out mysterious tweets of Frog emojis. The co-founder sent not one, but two tweets of frog emojis calling it “Sounds rare”. The Pepe community connected the dots suggesting that the Gemini exchange could be on the verge of listing the meme currency. sounds rare — Cameron Winklevoss (@cameron) May 4, 2023 Also Read: Shiba Inu: This Development Holds the Key for SHIB To Reach $...