BeInCrypto - The Cryptocurrency industry has been rocked with the sudden rise of “meme coins”. These tokens are created from jokes unlike other established cryptocurrencies like Bitcoin, Ethereum, Binance Coin, Etc. Even though they are just tokens created from jokes, they have gained popularity and are now the hottest trends in the Crypto sector.
The most popular ones are: Dogecoin (DOGE), Shiba Inu (SHIB), SafeMoon (SFM), Etc.
These tokens may look funny and not trustworthy, but they have been driven by big influencers in the sector even Tesla (NASDAQ:TSLA) CEO, Elon Musk, open acceptance of
Dogecoin (DOGE) saw the token advancing heavily in value.
Some see the new ‘Meme Coins” as a bubble which will just generate attention and just fizzle away, while others see it as a means of diversifying the Crypto sector just like Sparklo (SPRK).
You can buy Sparklo here.
Pepe (PEPE) Leaves Whale In The Red After Sudden Drop
Pepe (PEPE) token is a memecoin based on a popular “Green Alien ” looking somehow and recently got listed on Binance Exchange even though there were some certain issues.
The Pepe (PEPE) token has gotten a massive surge since its inception in April 14 as the platform has witnessed over $636 million in trading volume and over 144, 534 individuals have possession of the Pepe (PEPE) token at the time this article was published.
The Pepe (PEPE) token has witnessed various gains but just day after its launch on Binance Exchange, the token witnessed a massive drop of 42% and various investors have started wailing.
According to blockchain analytics service, Lookonchain, a crypto whale i.e. a big crypto investor – purchased over 962.3 billion Pepe (PEPE) token at the price of $0.000003122 totaling an investment of $3,004,300 but due to the massive drop of 42% by the Pepe (PEPE) token, the crypto whale lost over $600,000 and has his investment at $2.4 million.
Various individuals and holders of the Pepe (PEPE) token have reacted to the massive drop and immediately burned over $10 million worth of the Pepe (PEPE) token through Uniswap.
Floki (FLOKI) Token Skyrocket By Double Digits As It Gets Listed On Binance Exchange
Floki (FLOKI) token, which just got listed on Binance Exchange, has been experiencing a massive surge in both users and value. The Floki (FLOKI) token, unlike its counterparts in the Pepe (PEPE) token, has maintained its massive surge of over 40% which has attracted a lot of investors.
The massive surge of investors to Floki (FLOKI) has increased its reach. The token on its official twitter page just confirmed the rumors that Floki (FLOKI) token is now top of trending on Kucoin Exchange. This new feat has ensured that Floki (FLOKI) is ranking over bigger coins like Bitcoin, Shiba Inu, DogeCoin, Etc.
Sparklo (SPRK) Attracts More Investors As It Rides Strong
Sparklo (SPRK) is an investment platform which allows people to fractionally invest in silver, gold and platinum. Each investment will result in an NFT being minted and fractionalized, through which users can then invest in.
If a user purchases the entire NFT, they can have the real-world asset (silver, gold or platinum) delivered to a location of your choice. The token just began its Round 2 presale on the 6th of May, 2023 at the price of $0.019 – rush to get the token as the 30% bonus on all purchases will be ending on the 20th of June, 2023.
As a cryptocurrency protocol, Sparklo aims to be the first investment platform to allow its members to invest in gold, silver and platinum bars. We definitely believe that this is a very promising investment opportunity which you should check out below:
Presale | Website | Twitter | Telegram
For BeInCrypto’s latest crypto market analysis, click here
