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Institutional Holdings of Meme Coins Surged Since January

Institutional allocations to meme coins have surged over 300% this year, reaching a peak of almost $300 million in April, according to crypto exchange Bybit. Dogecoin and shiba inu were favored among institutional investors for their liquidity, and Solana meme token BONK emerged as the most popular of the new meme coins, attracting over $75 million in institutional bets. Holdings were tracked exclusively on Bybit and do not include those on other exchanges. CoinDesk's Helene Braun presents "The Chart of the Day."

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Bitcoin Soars to New All-Time High Above $69K; What's Behind Shiba Inu's Price Drop on Coinbase?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin (BTC) has set a record high, rising above $69,000 on crypto exchange Coinbase, a level first touched on Nov. 10, 2021. Plus, insights into Shiba Inu's 50% price drop on Coinbase and VanEck's crypto plan in Europe.

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Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Singapore's central bank starting to test tokenization use cases alongside major financial services firms like JPMorgan. Shiba Inu (SHIB) ecosystem’s upstart blockchain Shibarium will be used by the Manny Pacquaio Foundation for fundraising and operational activities. And, a closer look at the latest SOL rally.

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Shiba Inu Developers Work Towards Shibarium's Public Restart Days After Rocky Launch

Shiba Inu developers are slowly working towards a Shibarium network reopening by monitoring validator data and transactions, just days after users reported bridging issues after the much-hyped launch. Developers responded to the outage stating that "there was no bridge issue." "The Hash" panel weighs in on the latest developments.

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SHIB Plunges as Users Report Bridge Issues After Shibarium Launch

Shiba inu (SHIB) tokens are falling in the past 24 hours, as users report bridging issues after the much-hyped Shibarium network went live late on Wednesday. "The Hash" panel discusses the network's plan to position Shiba Inu as a serious blockchain project, away from the meme coin status it has enjoyed since its August 2020 issuance.

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Shiba Inu Metaverse Advisor: We'll Pursue 'Every Brand There Is on Earth' for Partnerships

Shiba Inu tokens have slumped in the past 24 hours, as users report bridging issues after the much-hyped Shibarium network went live late on Wednesday. SHIB metaverse advisor Marcie Jastrow joins "First Mover" to discuss the Shibarium blockchain going live and why Shibarium is focusing on the metaverse and gaming applications. Plus, Jastrow's outlook on potential partnerships and telling the story of SHIB.

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Absence of Retail Investors Could Hinder Pepecoin's Rise to Top Meme Coin: Santiment

A new report by on-chain analytics firm Santiment comparing the liquidity and trading metrics for pepecoin (PEPE) against shiba inu (SHIB) and dogecoin (DOGE) suggests PEPE could face challenges amid a generally bleak trading environment. "The Hash" panel discusses the latest on the meme coin economy.

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'Pepe the Frog' Meme Coins Surge as Crypto Twitter Moves Over Dogecoin Obsession

Some Crypto Twitter traders seem to be moving over Shiba Inu-fashioned tokens to those branded after the internet meme Pepe the Frog. A pepe (PEPE) token launched Sunday ran over 21,000% in the past three days, raking in $30 million in trading volumes on Uniswap and reaching a market capitalization of as high as $33 million on Tuesday morning. "The Hash" panel discusses the latest fad in the meme economy.

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DOGE Rally Sustained by Traders in Korea: Analyst

Dogecoin (DOGE) surged more than 35% after Elon Musk's Twitter replaced the social-media platform's blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo. The Tie co-founder and CEO Joshua Frank breaks down the geographical drivers behind DOGE, saying, "the rally was certainly sustained by traders in Korea." More broadly, Frank added that "Asian hours and European hours traders are really moving the crypto markets."

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Dogecoin Soars After Twitter Replaces Blue Bird Logo With the Token's Dog

Dogecoin (DOGE) is climbing after Elon Musk's Twitter replaced the social-media platform's blue bird logo with the cryptocurrency's iconic Shiba Inu dog. The Tie co-founder and CEO Joshua Frank discusses Musk's impact on DOGE prices and the token's geographic distribution. Plus, insights on the latest ether (ETH) rally.

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