The term “meme” comes from Richard Dawkins’ 1976 book “The Selfish Gene.” A genetic meme, as described by Dawkins, is a gene that copies itself and proliferates throughout the species by way of Darwinian natural selection. A cultural meme is, similarly, a behavior or idea that spreads throughout a culture even faster. If I share a joke with you and you share it with your … [Read more...] about The Psychology of Meme Coins, From Actual Investors
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Investing in Meme Coins? 3 Things Every Crypto Trader Should Know
The concept of meme coins has become one of the most talked-about investment opportunities in the crypto space, with shiba inu’s 50,000,000% price gain in the last 12 months serving as a reminder of the potential profitability of these internet trend-inspired coins.And while the huge upside potential of these assets and their seemingly innocent animal-centric mascots are hard … [Read more...] about Investing in Meme Coins? 3 Things Every Crypto Trader Should Know
Shiba Inu makes a comeback, but are meme coins sustainable long term?
Shiba Inu hit a two-week high on Tuesday, of $0.00005463, before profit-taking gave up most of the gains to close the day at $0.00004729.Source: SHIBUSDT on TradingView.comFollowing an incredible October, in which $SHIB peaked at+ 1,140% on October 28, it’s been downhill for the Dogecoin rival since.$0.00003807 marks a critical level of support for Shiba Inu, having bounced off … [Read more...] about Shiba Inu makes a comeback, but are meme coins sustainable long term?
Meme tokens and dogcoins flood the market as price wars heat up
Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity.Most recently, SHIB started rallying on Oct. 23 from … [Read more...] about Meme tokens and dogcoins flood the market as price wars heat up
Elon Musk, DOGE market maker? Meme currency pumps as SNL skit looms
DOGE is set to make its pop culture debut. As a weeklong pump carries the meme cryptocurrency up 12% on the daily to $.33 and a staggering 43.8% higher on a 7-day basis, some are now speculating the rally could be fueled perhaps in part by a social media tease from billionaire Elon Musk that he’ll be participating in a Saturday Night Live sketch titled “The Dogefather.” The … [Read more...] about Elon Musk, DOGE market maker? Meme currency pumps as SNL skit looms