Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Analyst Predicts 130% Rally To $18

    Analyst Predicts 130% Rally To $18

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    TRX Eyes Bullish Break While Bitcoin and ETH Struggle

    TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

  • Play2Earn
    Win a Reign of Terror Mystery Crate through Open Loot

    Win a Reign of Terror Mystery Crate through Open Loot

    MegaWorld Announces Citizen Traits and Pack Sale

    MegaWorld Announces Citizen Traits and Pack Sale

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    Legacy Announces October Release Date

    Legacy Announces October Release Date

    Sail Into Season Two of Gods Unchained

    Sail Into Season Two of Gods Unchained

    Design a Boss Skin for Boss Fighters

    Design a Boss Skin for Boss Fighters

    Join the Synergy Land Early Access Playtest

    Join the Synergy Land Early Access Playtest

    Use AI to Design in Gabby World Beta

    Use AI to Design in Gabby World Beta

    Big Time Preseason Launch – Play to Earn

    Big Time Preseason Launch – Play to Earn

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Analyst Predicts 130% Rally To $18

    Analyst Predicts 130% Rally To $18

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    TRX Eyes Bullish Break While Bitcoin and ETH Struggle

    TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

  • Play2Earn
    Win a Reign of Terror Mystery Crate through Open Loot

    Win a Reign of Terror Mystery Crate through Open Loot

    MegaWorld Announces Citizen Traits and Pack Sale

    MegaWorld Announces Citizen Traits and Pack Sale

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    Legacy Announces October Release Date

    Legacy Announces October Release Date

    Sail Into Season Two of Gods Unchained

    Sail Into Season Two of Gods Unchained

    Design a Boss Skin for Boss Fighters

    Design a Boss Skin for Boss Fighters

    Join the Synergy Land Early Access Playtest

    Join the Synergy Land Early Access Playtest

    Use AI to Design in Gabby World Beta

    Use AI to Design in Gabby World Beta

    Big Time Preseason Launch – Play to Earn

    Big Time Preseason Launch – Play to Earn

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
No Result
View All Result

After silencing Dogecoin and Shiba Inu, why is ELON ‘barking’ the loudest

2021-10-21
in Altcoins
0
After silencing Dogecoin and Shiba Inu, why is ELON ‘barking’ the loudest
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Meme-coins by no means fail to startle individuals from the crypto-space with their out-of-the-blue exponential pumps. Amidst the broader uptrend saga, a number of such joke-coins have been faring exceptionally nicely just lately. And amongst them, ELON has been stealing the thunder of late.

Since 1 October, this altcoin has appreciated by over 1200%. This implies, for those who had invested $100 in ELON originally of the month, you’ll have unrealized positive factors price $1200 at this stage. Fairly outrageous, proper?

Counting the feathers in its hat

Folks from the meme-coin group have already develop into as nutty as a fruitcake seeing the aforementioned mind-boggling numbers. Properly, the meme-coin simply didn’t cease at that.

With a market cap of over $330 million, ELON has now develop into the third-largest meme-coin. It’s, at the moment, solely behind DOGE and SHIB. What’s extra, as per knowledge from CoinGecko, ELON has been the most-traded coin on Uniswap’s v2 market over the past 24-hours.

Amidst this record-breaking spree, ELON additionally crossed the 75k HODLers benchmark – One thing fairly exceptional for a supposedly random coin.

Litmus check of HODLer loyalty

Properly, data being shattered is nice. Nevertheless, at this level, it’s important to gauge the broader sentiment of the ELON group to see if the uptrend section will be capable of extend itself or not.

To take action, let’s begin by assessing the mean-coin age of this meme-coin.

Technically talking, a rising slope of this metric signifies the broader accumulation/HODLing pattern of market contributors. Drop-offs, however, suggest the elevated motion of tokens between addresses.

This metric for the meme-coin has persistently been inching upwards in a staircase sample. Nevertheless, throughout the preliminary few days of October, when ELON’s worth pumped, the imply age dropped, indicating a minor sell-off. Whereas the uptrend did proceed later, it quickly managed to behave fairly equally once more when its worth began rallying this week.

Regardless of the mini-downtrends registered on the chart hooked up under, it ought to be famous that the uptrend on the macro-frame nonetheless appears to be just about intact. This suggests that ELON’s loyal group has its again.

Supply: Santiment

Given the slight discount within the imply age, it ought to be famous that the exit of HODLers has been compensated by the entry of latest contributors into the ELON market.

You might also like

What’s Making VeChain (VET) Price Skyrocket Over 12%?

Hedera Records Massive Jump In TVL

Whales Arrived Just In Time For LTC Next Rally?

In impact, the alternate outflows have additionally been growing, indicating the hike in demand and the motion of tokens from CEXes and DEXes to non-public wallets. Thus, each new and outdated HODLers have been capable of intensify the buy-side stress collectively.

Supply: Santiment

Social sentiment was additionally seen round its multi-month excessive ranges, on the time of writing. So far as meme cash are involved, social volumes and social dominance play key roles in intensifying the hype amongst different group members. New individuals often leap onto the bandwagon out of the worry of lacking out and the value inevitably hikes even additional.

Thus, if the chitter-chatter continues on social media platforms and extra shopping for stress is induced, ELON will be capable of stick with it its uptrend for just a few extra buying and selling classes, not less than.

On the finish of the day, each canine is entitled to extra than simply at some point, proper?

Supply: Santiment



Source link

Tags: barkingDogecoinElonInuloudestShibasilencing
Share30Tweet19

Recommended For You

What’s Making VeChain (VET) Price Skyrocket Over 12%?

2023-02-21
0
What’s Making VeChain (VET) Price Skyrocket Over 12%?

The general market has been exhibiting indicators of power as the worth of Bitcoin (BTC) retests the coveted $25K degree, whereas altcoins additionally seem like buying and selling...

Read more

Hedera Records Massive Jump In TVL

2023-02-20
0
Hedera Records Massive Jump In TVL

HBAR Crypto Information: Hedera, which is powered by its personal proprietary Hashgraph expertise, has seen a latest surge in its Complete Worth Locked (TVL), because it at present...

Read more

Whales Arrived Just In Time For LTC Next Rally?

2023-02-20
0
Litecoin (LTC) Gives A Strong Rally Amid Whale Acquisition

Litecoin Information: Amid Bitcoin’s (BTC) six month excessive value and hypothesis for a possible altcoin rally, the crypto market can be going by means of the regulatory hurdles...

Read more

LINK Whales Awake After 8 Months, Rally Ahead?

2023-02-20
0
Chainlink ($LINK) On Verge Of Breakout If This Support Breaks?

Chainlink (LINK) Information: After months of flirting with the native assist space, Chainlink (LINK) lastly seems effectively positioned to interrupt it with the entry of whales. This comes...

Read more

Solana ($SOL) Soars As Helium Sets Migration Date; Here’s More

2023-02-20
0
Solana ($SOL) Soars As Helium Sets Migration Date; Here’s More

Solana Worth: SOL began the week with an enormous value surge. In accordance with knowledge from CoinMarketCap, the altcoin is now up by greater than 10% prior to...

Read more
Next Post
Hexarchia Details Effects Warlords on Gameplay

Hexarchia Warlords NFT Presale Now Live

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Neopets Holiday Events and Mobile Game Release

Neopets Holiday Events and Mobile Game Release

2022-12-12
What’s next for Shiba Inu, as it steps on the brakes for now

What’s next for Shiba Inu, as it steps on the brakes for now

2021-10-29
Bitcoin Drops To $38K After Amazon Retraction On Accepting BTC Payments

Bitcoin Drops To $38K After Amazon Retraction On Accepting BTC Payments

2022-04-27

Browse by Category

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

ABOUT US

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Investment, Market, and more.

Referall

https://bit.ly/2Y2f9sP

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

NEWSLETTER

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2021 Xarabek - All rights reserved

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
  • Analysis
  • Play2Earn
  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop

© 2021 Xarabek - All rights reserved

  • RelevantRelevant(REL)$0.825.35%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • B20B20(B20)$0.4507925.62%
  • BitballBitball(BTB)$0.0019770.37%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • MoonToolsMoonTools(MOONS)$13.810.00%
  • StacyStacy(STACY)$0.0007100.00%
  • Lunch MoneyLunch Money(LMY)$0.0004180.00%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%