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$10M accidentally burned as Solana memecoin craze continues

With Solana ’s memecoin mania seemingly reaching fever pitch, multiple token presales have been announced over the past few days with varied results. One such project, SLERF, raised $10M on Solana before disaster struck at launch. According to the project’s developer, while attempting to burn SLERF’s LP tokens (which would ensure liquidity for trading the token) they also accidentally burned the tokens allocated to presale investors. Guys I fucked up. I burned the LP and the tokens that were set aside for the airdrop. Mint authority is already revoked so I can not mint them. There is nothing I can do to fix this. I am so fucking sorry. — Slerf (@Slerfsol) March 18, 2024 With the minting functionality already disabled, there was little to be done for those who had invested before launch. However, the error seemed to draw plenty of attention and, with no presale holders to dump on them, memecoin-hungry traders aped in. Dev: Shows complete incompetence by burning $10M USD worth

Standard Chartered raises 2024’s BTC forecast to $150K, projects $250K in 2025

Standard Chartered upgrades BTC forecast to $150K year-end. The bank’s analysis is based on ETF inflows, historical gold performance, and institutional interest. The bank believes the potential ETH ETF approval could drive ETH to $8K by 2024. Standard Chartered Bank has upgraded its year-end forecast for Bitcoin’s price to $150,000, representing a 50% increase from its previous estimate of $100,000. The bank anticipates significant bullish momentum for BTC, attributing the revision to strong inflows into spot bitcoin exchange-traded funds (ETFs) in the United States. These inflows are outpacing the growth of bitcoin derivatives’ open interest, suggesting sustainable positioning and long-term investment interest, particularly from pension-type funds. The revised forecast also includes a projection for Bitcoin to reach a high of $250,000 during the 2025 cycle before stabilizing around $200,000. Standard Chartered bases its Analysis on the historical perf

Solana Records Daily New Addresses Milestone: Acquisition Trends in Shiba Inu and NuggetRush Hints At Price Outbreak

TLDR: The Solana network growth has continued, highlighted by a new daily new address milestone. Shiba Inu is in accumulation mode, with analyst Myles G Investments predicting a price pump to $0.000054. Investors have bought over 226 million NUGX tokens and cryptocurrency experts predict a price rally. The efficiency of Solana, as a high-performance network capable of processing transactions swiftly and at lower costs, has once again been brought to the spotlight. The number of new addresses on the network has surged to a new ATH, showing its continuous expansion. In other news, Shiba Inu has entered an accumulation phase, with the crypto analyst Myles G Investments suggesting that it could ignite a major rally. Meanwhile,  NuggetRush  is seeing bigger accumulation, with over 226 million NUGX tokens bought in its crypto ICO phase. >> Buy NuggetRush Now << Accumulation of NuggetRush (NUGX) surges amidst forecasts of price explosion Over

Weekly Cryptocurrency Analysis: Altcoins Rise Higher As They Overcome Current Barrier

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Mar 16, 2024 at 11:49 // Price Author Coin Idol The cryptocurrencies listed below are the altcoins that are trading best in the current bull market. Altcoins are pulling back, but their bullish rise has continued. Latest price Analysis by Coinidol.com. FLOKI The price of FLOKI (FLOKI) has recovered from its downturn and is currently in a bull market. The altcoin is in an uptrend and has exceeded the expected price threshold. The altcoin is approaching its high of $0.0003500000. If the bulls break the barrier of $0.0003500000, the altcoin will rise to

Dogecoin20 Meme Coin Launches ICO and Raises $200K Within Hours

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London, United Kingdom, March 15th, 2024, Chainwire Dogecoin20 has emerged as a new meme coin, raising over $200K in its open hours of presale. As a revolutionary and distinctive Dogecoin alternative, the new crypto pays homage to the OG meme coin while venturing into uncharted territories. Currently, the Dogecoin presale price is $0.00014, at the first tranche. As the presale progresses, the price to acquire DOGE20 will rise, based on the tranches. The first uptick will occur in six days. Despite being in its absolute infancy, Dogecoin20 is already proving a force to be reckoned with. Retrofitting the vibrant essence of Dogecoin with sophisticated tokenomics and utility, Dogecoin20 enters a new paradigm of financial innovation. Dogecoin20 has integrated an ingenious staking mechanism that encourages holders to participate in the ecosystem rather than observe it statically. Holders can stake their tokens for passive rewards, with an APY strictly dependent on

Top Analyst Says Under-the-Radar Altcoin Mirroring Price Action of Dogwifhat Just Before the Memecoin Exploded

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A widely followed crypto analyst is expressing bullish sentiment on a little-known altcoin built on the smart contract platform Solana (SOL). Pseudonymous crypto strategist Bluntz tells his 247,700 followers on the social media platform X that memecoin Myro (MYRO) appears to be following in the footsteps of dogwifhat (WIF), another SOL-based meme asset. According to Bluntz, who regularly applies the Elliott Wave theory in his technical Analysis , MYRO is mirroring the price action displayed by WIF days ago before it saw a surge of about 80%. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction takes place in a three-wave pattern. Source: Bluntz/X MYRO is trading at $0.405 at time of writing, a 9.6% gain on the day, while WIF is trading for $3.29. On March 12th, WIF was moving for $1.87. According to the analyst, MYRO could rally exponentially after breaking out from a descending channel. “

Bitcoin Frontier Fund announces large investments in Bitcoin ecosystem

In 2023, Bitcoin (BTC) saw a tumultuous shift in its trajectory with the emergence of Ordinals, an initiative that pushed the narrative beyond mere talk of digital gold into a realm of seemingly boundless possibilities for the network.  At the forefront of this transformation was the Bitcoin Frontier Fund (BFF) dedicated to innovation within the Bitcoin ecosystem . Bitcoin Ordinals In August 2023, BFF unveiled its pioneering accelerator program focused on Ordinals, merging the expertise of seasoned invest ors with the creativity of Bitcoin developers.  Picks for you UK Judge says Craig Wright is not Bitcoin creator Satoshi 14 mins ago Nexo reports $50 million in holiday purchases, winning FinTech Breakthrough award 33 mins ago Elon Musk says Tesla to allow Dogecoin payments; What’s next for DOGE? 2 hours ago AI predicts XRP price for end of 2024 2 hours ago The initiative marked a significant step towards a more vibrant economy in the network