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Memeinator will return by 132% during its 29 presale stages The project has utility in AI, staking, Web 3.0 gaming, and NFTs Memeinator could replicate meme gains, with about a 1,000% surge in potential What’s the future of meme crypto currencies? Undeniably, the meme coin sector has exponentially grown from a market cap of $0 in 2020. In August 2023, cumulative trading of meme tokens peaked at $36 billion. However, the meme sector has not been without controversies. Parody and fake projects have been a thorn to investors. Memeinator promises to clean the sector using cutting-edge AI technology. The project’s token has been on  presale , with investors buying over $748,130 in less than 3 weeks. Is Memeinator the best meme crypto project of 2023? It is still too early to speculate whether Memeinator will be the  best meme coin of 2023. However, there are suggestions it could be the most attractive project. First, Memeinator is t...

Shiba Memu aims to be a sustainable meme crypto alternative to its predecessors. The cryptocurrency’s value has been rising during the presale every day. The potential for Shiba Memu is huge, with up to 50x predictions. Shiba Memu (SHMU) is undeniably one of the best-selling meme cryptocurrencies of 2023. Since launching a presale, the new meme crypto sensation has raised over $3.48 million. The solid presale underlines the interest in the meme cryptocurrency and its unique value proposition. But why has Shiba Memu grown so popular? Let’s discover more about this token that has raised so much interest while still on  presale . Shiba Memu: The self-marketing powerhouse led by AI When meme cryptocurrencies are mentioned, Dogecoin, Shiba Memu, and PEPE are some top names. Hype, social media mentions, and retail frenzy drive the value of these cryptocurrencies. When the social activity wanes, the tokens fail to sustain gains, crashing afte...

AAVE price may have been impacted by this week’s Curve Finance scandal, but a robust insurance fund and steady fee revenue could protect against further downside. AAVE, the governance token of the decentralized finance (DeFi) protocol Aave, experienced a 17% decline between July 30 and August 1, reaching the $62 level.  While the $62 support has demonstrated its resilience, the current price of $64.40 is still 12% below the daily close on July 30. Investors are now questioning whether this movement signifies a more cautious approach to the sector or if other factors are exerting pressure on the AAVE token price . AAVE price index, 12-hour chart. Source: TradingView Part of the recent movement in the AAVE token can be attributed to the risks of cascading liquidations on DeFi protocols, resulting from the Curve Finance pool exploit that commenced on July 30. However, Aave's decentralized liquidity protocol has successfully survived previous identical scenarios and the protocol has ...

ETH price still struggles to conquer the $2,000 level, but growth in LSDFi could prevent a sharper sell-off. Ethereum (ETH) has been on a downward trend with the $2,000 level forming a crucial resistance level in recent months. While Bitcoin (BTC) recorded 11.94% gains moving past $30,000 in June after BlackRock filed an ETF application with the U.S. Securities and Exchange Commission, the upside in ETH stayed around 3.16%. In the first week of July, buyers attempted to move the price past crucial resistance at around $1,900, however, a failed breakout exposed the price to further correction. The Ethereum network also witnessed a decline in activity, evident in the one-year low levels in total transaction fees. The price of leading NFT collections on Ethereum plummeted, while DeFi activity stalled due to low yields. The 7-day moving average of total transaction fees paid on Ethereum. Source: Glassnode However, the downside may be restricted as the demand for liquid staking derivati...

Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market. The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. In today’s episode, crypto analyst Pechman discusses how to analyze banks — importantly, how to avoid the erroneous market capitalization indicator, which had a $15.8-billion value for the defunct Silicon Valley Bank (SVB). The enterprise value (EV) metric provides a much better picture of a bank’s balance sheet terms by subtracting net debt from market cap. Of course, Pechman first explains the relationship between Banking valuation and crypto currencies, specifically Bitcoin’s (BTC) ethos. The video explores the 2018 denial of The Narrow Bank’s application, a bank that would...

BTC bears are positioned to profit from this week’s Bitcoin options expiry, especially if price stays below $18,000. On Dec. 14, Bitcoin (BTC) broke above $18,000 for the first time in 34 days, marking a 16.5% gain from the $15,500 low on Nov. 21. The move followed a 3% gain in the S&P 500 futures in 3 days, which reclaimed the critical 4,000 points support.  Bitcoin/USD index (orange, left) vs. S&P 500 futures (right). Source: TradingView While BTC price started the day in favor of bulls, investors anxiously awaited the U.S. Federal Reserve Committee's decision on interest rates, along with Fed chair Jerome Powell's remarks. The subsequent 0.50% hike and Powell’s explanation of why the Fed would stay the course of its current policy gave investors good reason to doubt that BTC price will hold its current gains leading into the $370 million options expiry on Dec. 16. Analysts and traders expect some form of softening in the macroeconomic tightening movement. For tho...