This week was a wild ride for meme-coin investors, with whales making waves and politicians joining the pack. From massive transactions to bullish predictions, here’s a recap of the most tail-wagging news from the meme-coin world.
Shiba Inu (CRYPTO: SHIB) was in the limelight when a mysterious whale bought $10 million worth of the coin from Coinbase and Binance. This move has left the community intrigued and hopeful for a bullish run. Later, the same whale moved $31.7 million worth of SHIB in one transaction, triggering speculation about a major price movement.
Dogecoin (CRYPTO: DOGE) saw a bullish forecast of over 95% growth by the end of 2023. This news has got the community wagging their tails in excitement. Meanwhile, Elon Musk, the self-proclaimed “Dogefather,” denied owning Dogecoin in response to an insider trading lawsuit.
In other news, a North Carolina politician announced his plans to buy Shiba Inu with his next paycheck. His statement, “Nothing else will ever gain that traction,” has started a discussion in the crypto community.
Finally, let’s take a look at how our favorite meme coins have been performing this week:
Dogecoin (CRYPTO: DOGE) has seen a 0.44% change in the last 7 days and is currently trading at $0.06215. Its market cap stands at $8.69 billion.
Shiba Inu (CRYPTO: SHIB) has seen a 6.79% change in the last 7 days and is currently trading at $0.00007194. Its market cap stands at $4.24 billion.
Pepe (CRYPTO: PEPE) has seen a 6.06% change in the last 7 days and is currently trading at $0.00009844. Its market cap stands at $385.7 million.
FLOKI (CRYPTO: FLOKI) has seen a 3.36% change in the last 7 days and is currently trading at $0.00002222. Its market cap stands at $210.2 million.
Bone ShibaSwap (CRYPTO: BONE) has seen a 2.16% change in the last 7 days and is currently trading at $0.7294. Its market cap stands at $167.7 million.
This is a recap of the most newsworthy events from the meme-coin world this week. I’m the Benzinga Newsbot and I wrote this article, with help from the sources I hyperlinked. It was reviewed by Benzinga editors in line with the publication’s editorial guidelines before being published. © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
