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Study Reveals Top Countries Fueling Meme Coin Interest in 2023 – Altcoins Bitcoin News

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Study Reveals Top Countries Fueling Meme Coin Interest in 2023 – Altcoins Bitcoin News

In 2023, meme cash have maintained their recognition, and the current surge of PEPE demonstrates that buyers stay keen about meme-centered tokens. A recent examine from Coingecko reveals that a good portion of meme coin fascination originates from america, India, and the U.Ok., encompassing over half of the highest ten nations’ curiosity driving the meme coin phenomenon.

Report Unveils International Meme Coin Fever

On Could 3, 2023, crypto market aggregator coingecko.com unveiled a report detailing the main ten nations propelling the meme token pattern. As of this writing, the meme coin economic system boasts a price of $18.25 billion, with dogecoin (DOGE), shiba inu (SHIB), and pepe (PEPE) as the highest three meme cash. This week, PEPE has emerged because the frontrunner by way of seven-day beneficial properties, skyrocketing 216% towards the U.S. greenback.

Study Reveals Top Countries Fueling Meme Coin Interest in 2023
The highest 5 nations in line with coingecko.com’s examine.

The Coingecko evaluation establishes that the U.S. spearheads the meme coin motion accounting for 23.6% of curiosity in 2023. Researcher Lim Yu Qian explains that two million views stem from high meme coin pages in america. In America, shiba inu (SHIB) is probably the most sought-after meme coin, adopted by pepe (PEPE), bonk (BONK), and volt inu (VOLT).

India holds second place in contributing to the meme coin frenzy with 20.3% of curiosity. SHIB additionally earns its place as India’s hottest meme token adopted by child doge coin (BABYDOGE). Within the Philippines, floki inu (FLOKI) tops their checklist of most popular tokens whereas Nigeria’s favorites are floki and arbdoge ai. In keeping with Coingecko’s report, lesser-known meme cash additionally achieve traction in each nations.

“Persons are by far most excited by shiba inu, which drove 46.7% of curiosity among the many high meme cash in 2023,” the evaluation notes. “Child doge coin generated 12.3% of meme coin curiosity, adopted by more moderen meme cash pepe (9.4%), floki (8.6%) and bonk (8.2%).”

The analysis signifies that PEPE dominates the Canadian market with 26.9% of consideration, whereas dogecoin (DOGE) claims the highest spot in Morocco. As for methodology, the examine utilized the overall web page views for the highest-ranking 15 meme cash by market capitalization in Could 2023.

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Tags on this story
CoinGecko, enthusiasm, India, Buyers, Meme Coin, Meme Cash, pepe, recognition, examine, Surge, high ten nations, U.Ok., United States

Which meme coin do you assume would be the subsequent massive sensation within the crypto world? Share your ideas and predictions within the feedback under.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 7,000 articles for Bitcoin.com Information concerning the disruptive protocols rising right this moment.




Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any harm or loss induced or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or companies talked about on this article.

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RobotBulls Innovates Cryptocurrency Trading with AI and Blockchain Integration

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RobotBulls Innovates Cryptocurrency Trading with AI and Blockchain Integration

RobotBulls, a pioneering force in the cryptocurrency market, has unveiled its latest advancements in leveraging artificial intelligence (AI) and blockchain technology to streamline the trading process.

RobotBulls, a pioneering force in the cryptocurrency market, has unveiled its latest advancements in leveraging artificial intelligence (AI) and blockchain technology to streamline the trading process. This dual-technology approach not only simplifies trading operations but also enhances security and accuracy, providing traders from various backgrounds with an accessible and efficient trading platform.

AI and Blockchain: A Synergistic Approach for Streamlined Trading

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At the heart of RobotBulls’ innovation is the integration of AI and blockchain technology. The platform utilizes advanced AI algorithms to analyze market data accurately and swiftly, offering users actionable insights to guide their trading decisions. Complementing this, blockchain technology ensures all transactions are securely recorded and immutable, reinforcing trust and transparency in all operations.

Key Features of RobotBulls: Elevating Trading Experience

RobotBulls’ platform is designed with several core features aimed at enhancing user experience:

  • Streamlined Trading: Automated trading tasks allow users to execute strategies efficiently without the need for constant monitoring.
  • Real-Time Analytics: The platform provides current market trend data, helping users make informed decisions and anticipate movements.
  • Robust Security Measures: Leveraging blockchain, RobotBulls ensures all transactions are transparent and secure, significantly reducing the risk of tampering.

Benefits of Using RobotBulls: Efficient and Secure Trading Traders on RobotBulls enjoy multiple advantages:

  • Time Efficiency: The automation of routine trading activities frees up time, allowing traders to focus on strategy development.
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Continuous Innovation and Future Prospects

Committed to continuous enhancement, RobotBulls consistently upgrades its AI algorithms and explores more efficient blockchain technologies. These advancements aim to further expedite transactions and improve analytical capabilities, providing users with deeper insights and more robust trading options.

Supporting Traders with Educational Resources and Community Engagement

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RobotBulls supports its users with an array of educational resources designed to aid both novice and experienced traders in navigating the platform effectively.

Additionally, the company fosters a strong community, enabling users to exchange strategies and insights, further enhancing their trading success.

Experience the Future of Trading with RobotBulls

For traders seeking to harness the potential of digital currencies through a secure, efficient platform, RobotBulls offers a powerful solution. To explore how RobotBulls can transform your trading experience, visit robotbulls.com.

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Alleged crypto scammers arrested in $73 million 'pig butchering' scheme

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Alleged crypto scammers arrested in $73 million 'pig butchering' scheme

The Justice Department said on Friday that it arrested two alleged scammers for laundering “at least” $73 million through shell companies connected to “pig butchering” cryptocurrency investment schemes.

In a pig butchering scam, scammers contact victims online and gain their trust before manipulating them into investing in a fake cryptocurrency.

Daren Li, a 41-year-old dual citizen of China and St. Kitts and Nevis — and resides in China, Cambodia, and the United Arab Emirates, was arrested on April 12 at Hartsfield-Jackson Atlanta International Airport. According to a Justice Department statement, he was subsequently transported to the Central District of California. Yicheng Zhang, 38, a Chinese national and resident of Temple City, California, was arrested on Thursday in Los Angeles, California, the statement said.

The DOJ accused the individuals of having lured victims into depositing money into U.S. accounts. From there, the two allegedly utilized co-conspirators to launder the money through U.S. financial institutions to Bahamas bank accounts, before converting the funds into the stablecoin Tether, also known as USDT.

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“Cryptocurrency investment scams exploit the borderless nature of virtual currency and online communications to defraud victims,” said U.S. Deputy Attorney General Lisa Monaco. “While fraud in the crypto markets takes on many forms and hides in many far-off places, its perpetrators aren’t beyond the law’s reach,” the

Li and Zhang face charges of conspiracy to commit money laundering and six counts of international money laundering. According to the Justice Department, if found guilty, they could be sentenced to a maximum of 20 years in prison for each count.

Two days before announcing the arrests, the Justice Department said it arrested two brothers for allegedly stealing roughly “$25 million worth of cryptocurrency within approximately 12 seconds.” And earlier this month, the department charged ‘Bitcoin Jesus’, a.k.a. Roger Ver, with evading nearly $50 million in taxes.

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