CryptoQuant CEO Ki Young Ju says the meme coin market is “useless,” casting doubt on a bullish Pepe price prediction as dominance slumps throughout the sector. Meme coins now account for simply 3.4% of the altcoin market, down from a ten.9% peak in November 2024, close to the cycle’s low level. Memecoin markets are useless….
Shiba Inu is back in focus as October begins, with the crypto now buying and selling above $0.000012 after weeks of sideways motion beneath this worth degree. Despite the sideways worth motion, on-chain knowledge is pointing to a change in metrics that might soon translate into a breakout. Crypto analyst Zayn shared recent on-chain knowledge…
Shiba Inu (SHIB) is witnessing a big shift on centralized exchanges, as contemporary on-chain knowledge reveals that the meme coin’s reserves have plunged beneath the $1 billion mark following an enormous withdrawal spree. While this decline could appear regarding at first look, historic tendencies counsel that such large-scale withdrawals typically point out a shift from…
XRP’s burn mechanism, which is a long-term provide management function of the community, is now going through critical questions after every day burns are actually at virtually zero. Particularly, on-chain metrics from CryptoQuant present that the once-active burn exercise that eliminated 1000’s of cash per day from circulation has just about disappeared in latest weeks….