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Cryptocurrency News Articles

Meme Coin Frenzy Sparks Excitement: Litecoin (LTC) Humorously Rebrands Itself as a Meme Cryptocurrency

Nov 16, 2024 at 01:00 am

The crypto market witnessed a significant shake-up with the listings of Dogwifhat (WIF) and Pepe Coin (PEPE) on Coinbase, one of the leading cryptocurrency exchanges in the United States.

Meme Coin Frenzy Sparks Excitement: Litecoin (LTC) Humorously Rebrands Itself as a Meme Cryptocurrency

input: Amidst the crypto market's一波surge, meme tokens like Dogwifhat (WIF) and Pepe Coin (PEPE) made grand entrances with listings on Coinbase and Robinhood. These tokens, riding the wave of internet culture, experienced massive price movements, adding a touch of humor to the market's dynamic landscape.

Coinbase Adds Dogwifhat, Pepe Coin to Retail Crypto Frenzy

As the crypto market continues its一波surge, meme tokens are making their way into the mainstream consciousness. Dogwifhat (WIF) and Pepe Coin (PEPE) recently joined the ranks of digital assets available on major platforms.

Following its listing on Binance in December, Dogwifhat (WIF) is now available for purchase on Coinbase, one of the leading cryptocurrency exchanges in the United States. The token, which features a Shiba Inu dog wearing a knitted hat, is now up for grabs by retail traders.

Moreover, Robinhood, a major brokerage platform, has also listed PEPE, which is set to begin trading on the platform on March 14. This move is bound to propel the token's popularity even further.

These listings have sparked massive price movements, highlighting the growing trend of meme-based digital assets. With PEPE’s price increasing by 50% intraday and WIF's value rising by over 65% within a single day, these tokens are certainly making a statement in the crypto market.

Also Read: A Young Boy’s Casual Walk Leads to the Discovery of an 1,800-Year-Old Roman Ring of Minerva

PEPE Coin Sets a New Record, Caps off a Stellar Week

Pepe Coin, which features the iconic frog meme, saw a meteoric rise in value following its Binance debut on March 11. The token's price surged by 50% within a single day, setting a new all-time high of $0.00002597 on Binance.

The upward momentum continued as the token added another 10% to its value the following day, with its price reaching as high as 0.000027 on Binance. This brings PEPE's total market capitalization to an impressive $9.43 billion.

Dogwifhat: A 2024 Meme Sensation

Dogwifhat (WIF), a Solana-based meme token, also captured the market’s attention this week. The token, which is characterized by its endearing depiction of a dog in a knitted hat, saw its value rise by over 65% intraday following its Coinbase debut.

Beginning at $2.87 on Binance, WIF peaked at $4.734 on March 13, securing a market capitalization of $4.17 billion.

This concludes a stellar week for both tokens, with PEPE's price increasing by over 70% and WIF's value surging by more than 200%.

Litecoin Embraces the Meme Coin Identity

Amidst this wave of meme mania, Litecoin made a surprising and humorous announcement. Originally launched in 2013 as an alternative to Bitcoin, Litecoin is now declaring itself a meme cryptocurrency, acknowledging the current market's playful spirit.

This unexpected move resulted in a 13% price increase for LTC, boosting its market capitalization to $6.16 billion.

Conclusion

Recent developments highlighted the growing role of meme coins in shaping cryptocurrency trends. From newly launched tokens like WIF and PEPE to market veterans like Litecoin, meme-based narratives proved to be a powerful driver of price movements and investor interest.output: As the dust settles on an eventful week in the crypto market, let's take a closer look at the highlights.

The cryptocurrency market experienced a significant shake-up this week with the listings of Dogwifhat (WIF) and Pepe Coin (PEPE) on Coinbase, one of the leading cryptocurrency exchanges in the United States. Additionally, Robinhood, a major brokerage platform, embraced PEPE, further propelling its popularity. These listings spurred massive price movements, highlighting the growing trend of meme-based digital assets.

Also Read: A Young Boy’s Casual Walk Leads to the Discovery of an 1,800-Year-Old Roman Ring of Minerva

PEPE Coin Sets a New Record

Pepe Coin, featuring the iconic frog meme, saw a meteoric rise in value following its Binance debut on March 11. The token's price surged by 50% within a single day, setting a new all-time high of $0.00002597 on Binance.

The upward momentum continued as the token added another 10% to its value the following day, with its price reaching as high as 0.000027 on Binance. This brings PEPE's total market capitalization to an impressive $9.4

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Other articles published on Nov 16, 2024