[PRESS RELEASE – Monaco, Monaco, November 19th, 2024]

Memereum, an innovative blockchain project focused on setting new standards in crypto security, has announced progress in its ongoing presale, exceeding 33.1 million tokens sold. This milestone can reflect growing investor confidence and marks a pivotal step toward the project’s full launch.

Partnership with Leading Marketing Firm to Boost Exposure

To build on this momentum, Memereum has partnered with a top-tier marketing agency to enhance its global exposure. This collaboration aims to amplify the project’s reach through strategic influencer partnerships, high-impact ad campaigns, and other initiatives designed to solidify Memereum’s presence in the crypto landscape. With this partnership, the Memereum team is committed to scaling the project’s visibility and attracting a broader audience of investors and blockchain enthusiasts.

DOGE Pool for Staking Now Live on MemeSwap

Memereum has introduced a DOGE staking pool on its proprietary platform, MemeSwap. This new feature allows users to stake MEME tokens and earn DOGE, providing the opportunity for earnings while offering exposure to one of the most widely recognized cryptocurrencies. The DOGE pool reflects Memereum’s dedication to providing diverse and rewarding opportunities for its community.

About Memereum

Memereum wants to revolutionize the blockchain ecosystem with its focus on security and innovation. As the first project to introduce blockchain insurance for various tokens, Memereum addresses some of the industry’s most critical challenges, offering traders enhanced confidence and security. With its proprietary MemeSwap platform, community-focused initiatives, and features like insurance and staking rewards, Memereum is building a comprehensive ecosystem aimed at establishing a new benchmark in crypto.

The Memereum Presale Is Now Live

Memereum’s presale continues to gain traction, marking a significant step in advancing blockchain security and rewards.

Users interested can join the Presale Now.

It has taken bitcoin less than seven days to break its all-time high (again) and chart a new one of just shy of $94,000.

This has put its market capitalization to around $1.850 trillion, which makes it the seventh-largest asset by that metric in the world.

The primary cryptocurrency went on a tear after the United States elected Donald Trump to be its next president on November 5. At the time, the asset traded around $68,000 but skyrocketed to $75,000 on the same day.

The rally continued the following week, and it peaked at $93,477 last Wednesday. Since then, bitcoin entered a consolidation phase, and it even dropped below $87,000 amid some profit-taking, especially from miners.

However, it didn’t stay there long and started another leg up at the beginning of the current business week, which pushed it to over $92,000 on a couple of occasions. After a few rejections, it pushed past that line and climbed above $93,000 earlier today.

The bulls kept the pressure on the gas pedal, and BTC skyrocketed to just under $94,000 (on Bitstamp) minutes ago to record a fresh peak. Consequently, the speculations about a run toward $100,000 have gone rampant.

This comes amid multiple large purchases from MicroStrategy as well as a few more modest ones from other companies like Metaplanet.

BTC’s current market cap of $1.850 trillion solidifies its position as the seventh-largest asset in the world, and it is closing the gap to Alphabet ($2.150 trillion) and Amazon ($2.160 trillion).

With this surge, BTC has left roughly $70 million in short liquidations, while the total value of wrecked positions on a daily scale has risen to nearly $300 million.

TL;DR

• DOGE has been on a tear, with analysts predicting gains to as high as $2.
• The meme coin market cap has reached almost $130 billion, with Dogecoin leading the charge alongside strong performances from Shiba Inu (SHIB), Bonk Inu (BONK), Brett (BRETT), and Ponke (PONKE).

Is DOGE Gearing up for a Further Pump?

Dogecoin (DOGE) has been on fire in the past month, with its price skyrocketing by 170%. Last week, it tapped a three-year high of over $0.43, while currently, it trades at approximately $0.38 (CoinGecko’s data).

One element possibly contributing to its impressive performance is Elon Musk’s interaction. Tesla’s CEO promised to lead a division called the Department of Government Efficiency (D.O.G.E.) in Trump’s upcoming administration.

In his role, Musk is expected to reduce bureaucracy, cut government spending, and enhance efficiency. Not long ago, Trump confirmed the creation of D.O.G.E., describing it as “The Manhattan Project” of our time.

There are many analysts who believe the recent price resurgence of the leading meme coin is just the beginning  of a massive leap. The popular analyst Ali Martinez envisioned a 120% rally to $0.82 as long as DOGE holds the $0.37 resistance level. 

The X user Mikybull Crypto forecasted a similar spike, whereas Captain Faibik predicted a rise to as high as $2 during the first half of 2025.

Prior to that, Master Kenobi assumed that the bullish factors coming directly from the White House (and some other elements) could make DOGE the fourth-biggest cryptocurrency.

“The battle won’t be easy, as both SOL and BNB will continue advancing. However, with the rapid flow of capital and the frenzy in the market, DOGE could easily climb to $2 or even higher,” the analyst suggested.

Taking a Closer Look at the Meme Coin Sector

Dogecoin is not the only meme coin pumping today (November 19), with the entire niche entering green territory again. Shiba Inu (SHIB) is up 6% daily, while Bonk Inu (BONK) has risen by 8%. 

The top performers include Brett (BRETT) and Ponke (PONKE), which have both soared by double digits in the last 24 hours. 

Meanwhile, the market capitalization of the meme coin niche is sitting at an all-time high of almost $130 billion. Recall that at the start of November, the figure was less than $60 billion.