Crypto News Roundup • Meme Coin Mania: Meme coins like | Bitcoin & Crypto Trading
Crypto News Roundup
• Meme Coin Mania: Meme coins like SHIB, WIF, and Pepe (PEPE) surged, with SHIB and WIF climbing 60%, and PEPE hitting record highs. Dogecoin (DOGE) bullish bets reached $1 billion, indicating strong investor interest in meme tokens.
• Altcoin Season Ahead? Analysts suggest the meme coin rally could signal the start of an altcoin season, with a potential shift in focus from Bitcoin to altcoins. Ether (ETH) breaking above $3,500 could confirm this trend.
• Regulatory Updates: The U.S. Department of Energy will seek feedback on its crypto miner survey proposal, while UK law enforcement gears up for enhanced powers to seize crypto assets used in crimes.
• Market Performance: The CoinDesk 20 Index (CD20) is up 19%, with all 20 tokens appreciating. Meme coins PEPE and BONK lead the broader market gains, highlighting the continued fascination with meme-themed cryptocurrencies.
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