Dogecoin investors are moving to Maxi Doge, as MemeCore's presale for the top meme coin generates excitement
In the ever-evolving world of cryptocurrency, there's always something new to report. Here's a roundup of the latest developments:
Maxi Doge, the satirical meme coin that combines fitness and crypto trader culture, is making waves with its plans to create new partnerships with futures trading platforms. The project, which doesn't publicly disclose specific individuals behind it, aims to organize trading competitions for MAXI token holders and offer up to 1000x leverage for trading MAXI on those exchanges. The presale for MAXI has already passed the $2 million milestone, and buyers can currently purchase it at its earliest presale stage for $0.0002565.
Meanwhile, CME Group, one of the world's leading derivatives marketplaces, is launching options on XRP and Solana futures. This move could potentially increase the liquidity and volatility of these cryptocurrencies.
MemeCore (M), another meme coin, has been on a remarkable run. It's up more than 5,000% from its July lows and has reached a new all-time high (ATH) of nearly $2.1 on September 9. The current price of MemeCore (M) is up by around 55% over the past week, and month-on-month gains are at 340%.
Elsewhere in the crypto sphere, Dogecoin (DOGE) is currently hovering above the $0.24 level. The UAE M2 crypto exchange has changed its business model, and XRP, Dogecoin ETFs are set to launch this week.
In traditional finance news, the Federal Reserve has cut interest rates by 25bps. This decision could have implications for the crypto market, with Eric Trump predicting that crypto-tied stocks will surge in Q4 as a result.
However, not all news in the crypto world is positive. One user lost $1M USDC to a MEV bot after a mistaken transaction, and hackers seized the FBI's botnet takedown targets and built a stronger cyberweapon from it.
In the world of blockchain, Cardano's Hoskinson praised Ripple and the XRP army, and SK Hynix made a significant advancement in HBM4 chip development. Next Technology is planning a $500M common stock offering to buy more BTC.
Finally, a golden Trump statue holding Bitcoin has appeared outside the U.S. Capitol, adding a touch of surrealism to the ongoing crypto news. As always, the crypto world continues to be a fascinating blend of innovation, speculation, and intrigue.
