AdTOKEN6900: The Spiritual Successor to SPX6900 is Here. Presale Live!
AdTOKEN6900: The Successor to SPX6900
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The world of memecoins never ceases to surprise as new projects are launched daily and established names continue making waves. Last week saw several notable developments that captured widespread attention across the crypto space. From Elon Musk thrusting Dogecoin back into the spotlight to a Shiba Inu burn bonanza, let's recap some of the biggest stories.
We'll also check in on the latest CoinSniper Quests to see what innovative new memecoin projects are vying for community support. With lucrative rewards up for grabs, these lighthearted tasks offer a fun way to learn about promising startups while potentially earning some gains.
There was no bigger memecoin headline last week than Elon Musk accepting a role leading the newly formed Department of Government Efficiency (DOGE) under President Trump. In a nod to his love of Dogecoin, the acronym was an obvious play on the popular coin's name that immediately sent DOGE's price surging.
Within days of the November 12th announcement, Dogecoin had rocketed over 100% to hit a multi-year high of $0.43. Its 170% climb in just one month was nothing short of astonishing considering it had been hovering around $0.10. Musk's unconventional entry into American politics alongside this position focusing on streamlining bureaucracy raised hopes that innovation may finally come to Washington. It's clear that when Elon Musk talks, the crypto world and beyond listen very closely.
While Dogecoin was reasserting itself atop the memecoin throne, another project was hitting a new pinnacle of its own. BONK, the top Solana based memecoin, surged 20% on November 20th to set a fresh all-time high of $0.000058.
This record-setting move coincided with a massive spike in BONK's futures open interest on platforms like CoinGlass. Investor demand seemed to be growing rapidly ahead of an impending 1 trillion token burn by the BONK DAO scheduled for Christmas, set to increase the coin's scarcity.
Whale wallets also piled into BONK, with one purchasing a whopping 65.4 billion tokens. Retail FOMO followed in the wake of such enormous buys. But the real catalyst was BONK's new listing on South Korean powerhouse exchange Upbit. Daily volume exploded 100% on the news, powering BONK to new heights.
One Solana memecoin that found viral success through unconventional marketing was PONKE. Speaking in an animated monkey costume, the project's lead discussed how non-stop, engaging content grew PONKE's community to over 60,000 holders and boosted its value to a $385 million market cap - all in just a few short months.
Rather than focus solely on memecoin utilities, Ponke leaned into fun, meme-worthy videos that resonated with mainstream audiences on TikTok. One such clip amassing 50 million views became hugely influential in the crypto space. This demonstrates how creative marketing can introduce new memecoins to an expansive audience beyond just crypto natives.
As the Ponke lead explained, "You've got something that is this big. Cultural phenomenon that becomes a meme or a meme that much later becomes a memecoin. Doge was a meme that existed for a decade or whatever before it really took off as a cryptocurrency." Engaging more users early and organically, before utilities, seemed to serve Ponke very well.
Over in the dog-themed memecoin sphere, Shiba Inu was also enjoying a resurgence. Data from Shiburn showed the coin's daily burn rate exploded an incredible 940% to 3.69 million tokens on November 15th alone.
With over 410 trillion SHIB now removed from circulation, scarcity is increasing. This comes as the broader crypto market's fear and greed remains in extreme optimism. Both factors lent tailwinds to Shiba Inu's uptick, bringing it within sight of reclaiming the #11 spot by market cap.
Holders will be keeping a close eye on burn accelerations like last week's. The more tokens that enter dead addresses, the tighter SHIB's supply becomes. This makes the prospect of future price rallies even more tantalizing.
While canines may dominate the memecoin scene, felines aren't out of the game. MEW, a cat-themed token on Solana, struck gold last week by rocketing nearly 25% to a new record peak.
This catapulted the cute cryptocat to the #100 spot overall by market cap. Daily volume surged a massive 184% amid its ascent too, showing growing interest from traders.
With charming cartoon iconography and a name playing on the acronym for "My Ether Wallet", MEW has carved out an adorable niche. It aims to challenge the dog coins' reign while offering lighthearted fun for crypto fans who prefer kitties over pups.
Over in the amphibian aisle, Pepe the Frog inspired token PEPE also hit a new high. News that Robinhood would list the digital Pepi sent it leaping over 40% within 24 hours.
Notably, whale transactions involving at least $100,000 of PEPE quadrupled around this listing announcement. While these mega-holders did cash out profits totaling 1.11 trillion coins, regular buyers absorbed the sale.
With its market cap now topping $8.3 billion, PEPE continues establishing itself as a leading blue-chip memecoin. Its combination of viral internet history and performance makes it an asset many traders want exposure to.
Let's now check in on the latest opportunities to earn rewards through CoinSniper Quests. These tasks offer a fun way for the crypto community to learn about promising new projects while going in the draw to win USDT bounties.
This project aims to revolutionize the music industry through direct artist-fan engagement, creative rewards, and community influence. By pre-subscribing to their token through CoinSniper, supporters can help shape Blueprint's future platform and access exclusive perks.
Holders of this deflationary coin earn passive 5% rewards on transactions. Through their faucet with referral bonuses, CoinSniper users have an easy way to earn more BOKO and dive into this green community.
Gamifying its tokenomics around historical WW2 battles, this token celebrates the war's 85th anniversary. Season One of their quests covers the Phoney War period. History buffs can go for victory by completing tasks!
Getting involved with CoinSniper Quests offers a fun, low-commitment way to learn more about promising new memecoins. By sharing projects you believe in, you can help support innovation while going into drawings for USDT prizes.
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