Wednesday, July 30, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Swissquote Joins Memecoin Frenzy as Market Sentiment Wanes

by SB Crypto Guru News
January 27, 2025
in Crypto Updates
Reading Time: 2 mins read
0 0
A A
0


The Switzerland-based online trading company Swissquote is
eying the recent memecoin frenzy to expand its services to users. The added
seven meme cryptocurrencies, a term referring to digital assets originating
from internet jokes or viral content.

“7 new meme coins are available on SQX,” the company
mentioned in an announcement from LinkedIn. “Find out how internet jokes can
become seriously profitable! Our services vary by country; please check product
availability. Investing in digital assets carries a high degree of risk.”

Memecoin Excitement Cools Off

The company’s new meme coins include PEPE, Shiba Inu, DOGWIFHAT, Bonk, Floki, Official Trump ($TRUMP), and $MELANIA. According to the company, the seven meme coins are now available on SQX.

Swissquote’s announcement comes as the crypto market is facing a retracement. According to CoinMarketCap data, the global crypto market has lost 5% in the past day alone, to $3.4 trillion. The downtrend has also affected the seven new meme coins listed by Swissquote as the Trump effect fades.

$PEPE, currently ranked among the top 30 cryptocurrencies
with a market valuation of more than $5 billion is down 16% and 22% in the past
day and week, respectively. Similarly, Shiba Inu (SHIB) has experienced a 7%
decline in the past day to trade at $0.0000183.

Memecoin Prices Plunge

Swissquote also added DOGWIFHAT, a not-so-popular meme coin. However, according to the firm, “This cryptocurrency is making a name for itself
with the famous image of a Shiba Inu wearing a wool cap. In December 2023, its
capitalization rose from less than $1 million to more than $350 million in just
a few weeks.

The recently launched TRUMP tokens are also facing a
downtrend. Although their market valuation is currently above $5 billion, $TRUMP, launched by US President Donald Trump, has plunged 8% in the past
day, bringing its losses to more than 40%.

My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC

— Donald J. Trump (@realDonaldTrump) January 18, 2025

$MELANIA, which was also launched by the US First Lady, has
also lost 3% and 62% in the daily and weekly charts, respectively. At its launch, the meme token attracted significant attention, with a trading volume surpassing $20 million in a day. Although the level of excitement highlighted a growing market for politically inspired digital assets, the excitement seems to
have faded away.

This article was written by Jared Kirui at www.financemagnates.com.



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesFrenzyJoinsLatest News on CryptoMarketMemecoinSB Crypto Guru NewsSentimentSwissquotewanes
Previous Post

Kidnapped for crypto? The Ledger co-founder’s nightmare

Next Post

Brian Armstrong Calls for Default Crypto Token Listings

Related Posts

Best Crypto to Buy as New Lummis Bill Brings Crypto Mortgages

Best Crypto to Buy as New Lummis Bill Brings Crypto Mortgages

by SB Crypto Guru News
July 30, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure U.S. Senator Cynthia Lummis, a strong supporter...

DOJ Moves to Forfeit .4M in Bitcoin Seized by FBI in Crypto Crime Crackdown

DOJ Moves to Forfeit $2.4M in Bitcoin Seized by FBI in Crypto Crime Crackdown

by SB Crypto Guru News
July 30, 2025
0

U.S. authorities aim to forfeit over $2.4 million in bitcoin linked to a major ransomware syndicate, targeting illicit crypto proceeds...

U.S. SEC Eases Rules for Bitcoin, Ether Funds in Shift From Cash-Only Model

U.S. SEC Eases Rules for Bitcoin, Ether Funds in Shift From Cash-Only Model

by SB Crypto Guru News
July 29, 2025
0

Executive Interview with Costas Michael from Revolut Cyprus | iFX EXPO International 2025 Executive Interview with Costas Michael from Revolut...

Ethereum Institutional Interest Grows After BTCS Inc.’s Massive Purchase Of 14,240 ETH

Ethereum Institutional Interest Grows After BTCS Inc.’s Massive Purchase Of 14,240 ETH

by SB Crypto Guru News
July 29, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s recent upside price performance is attracting...

When Dalio speaks, markets listen – and he mentioned Bitcoin

When Dalio speaks, markets listen – and he mentioned Bitcoin

by SB Crypto Guru News
July 29, 2025
0

Sure, crypto today might look like your homie who passed out 10 minutes into movie night but swears they were...

Load More
Next Post
Brian Armstrong Calls for Default Crypto Token Listings

Brian Armstrong Calls for Default Crypto Token Listings

How Declining Short-Term U.S. Treasury Yields Impact Bitcoin Price

How Declining Short-Term U.S. Treasury Yields Impact Bitcoin Price

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.