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An unidentified crypto whale has made huge profits from its $153000 investment in SPX tokens by gaining $6.44 million from it within 2 months, displaying the volatile nature of crypto markets. The utilization of meme-inspired cryptocurrency SPX6900 ($SPX), underscores both the potential rewards and risks of the growing digital assets landscape. The crypto whale first utilized the price appreciation in the market by acquiring 7.793 million SPX tokens from July 31 to August 15 of 2023 then they sold 793,000 of those tokens for $687,000 worth of Ethereum (ETH) which is the second largest cryptocurrency. As SPX’s price increased by more than 3100% in the following month that year, going from $0.0279 to $0.089 per token, the crypto whale made money. This price movement resulted in SPX's market capitalization from $25 million to $800 million in the same period. The crypto whale still has 7 million SPX tokens worth $5.9 million untouched which could indicate a long-term investment strategy for profit-taking. SPX6900, the token at the centre of this windfall, is part of a growing trend of meme-inspired cryptocurrencies that often incorporate elements of social commentary or financial nihilism. The project's website alludes to an expansion of the S&P 500 index to include 6,900 companies, a number that holds significance in internet meme culture. Its manifesto touches on themes of generational financial struggles and disillusionment with traditional economic systems. In the context of this, the 2021 Dogecoin incident should be remembered where the cryptocurrency experienced parabolic price movements triggered by a joke, resulting in a 12000% increase in its value in months before it was corrected. According to crypto analyst Michael van de Poppe stories of overnight millionaires mask the reality “that for every winner, there are numerous losers in highly speculative markets”.

Over the weekend, crypto users discovered that crypto price charts for Bitcoin and Ethereum have vanished from Google Search as the tech giant changed its approach to digital assets. Google users who searched for “Ethereum price” or “Bitcoin price” could no longer see the usually displayed crypto charts, which have been part of the search results since 2018. While this deindexing measure affected all major cryptocurrencies, Dogecoin seems to have evaded it as its price chart is still displayed when searched by its ticker "DOGE." Although the changes have been observed for several days now, there hasn’t been any official statement released by Google regarding the matter. However, Google Search results are still displaying stock and index graphs, which has led to speculations about Google’s intentions. While some crypto industry observers have labelled it as a “temporary glitch," others think this is indicative of a shift in the tech giant’s stance towards crypto assets. People are questioning the timing of this move as it comes in the backdrop of dip in Bitcoin-related search queries. As per Google Trends, there is a decrease in Bitcoin search volume globally as it hits the lowest this week (October 13-19), showing only 27% of the search volume peak recorded in March. However, it’s not just Bitcoin; Ethereum is also experiencing a downward trend in its search volume, which was only 19% of its March peak. All this suggests a possible cooling in public interest regarding cryptocurrencies, which has influenced Google’s decision not to display crypto price charts. This isn’t the first time such crypto-related changes have occurred on Google. Earlier in March, the tech giant updated the service policy for its financial products, which allowed crypto trusts and exchange-traded products to be advertised in the US. But that was a pro-cryptocurrency positive move compared to this negative approach, which is puzzling analysts and traders. With the disappearance of crypto price charts from Google, investors have lost a potential tool to check cryptocurrency prices on the go. The move helped non-serious crypto traders get a hang of the market and make investment decisions without visiting crypto platforms. Ultimately, this will have significant market implications as cryptocurrency visibility decreases amongst general internet users. As digital assets find acceptance everywhere, the tech policy of online platforms like Google has to change to facilitate the crypto industry as they have an impact on cryptocurrency information and public perception. However, it should be noted that crypto price charts are still available on other Google forums like Google Finance and other crypto-specific apps and websites. While Ethereum search interest is high in Saint Helena, Switzerland, and Slovenia, Bitcoin-related queries mostly appear in El Salvador and Nigeria.

The meme coin market experienced significant turbulence this week. Top tokens saw dramatic price fluctuations. News events and community actions drove these changes as always, but meme coins also took heavy hits from the outside world. Dogecoin (DOGE) stumbled initially. An Elon Musk tweet failed to spark enthusiasm, causing a 5% drop. But rumors of an e-commerce partnership reversed the trend. DOGE closed the week up 3%. Shiba Inu (SHIB) made a strong comeback. A new DeFi integration announcement propelled it up 12%. Enthusiastic community support pushed SHIB to new weekly highs. Pepe (PEPE) was the week's most stable performer. It surged 18% after launching a new NFT collection. This move tapped into investor nostalgia and excitement. Then it went back to its usual positions. A newcomer, dogwifhat (DOGWH), turned heads with a 15% fall, that followed an amazing 20% jump. Viral social media posts fueled its rise. Fresh investors piled in, drawn by the buzz. Bonk (BONK) had a solid week, climbing 4%. A successful community giveaway event drove the increase. It showcased the power of grassroots initiatives in the meme coin space. Floki (FLOKI) went on a wild ride. A Viking-themed marketing campaign initially boosted it 7%. Profit-taking then led to a 5% dip. FLOKI still ended slightly up for the week, as vikings never surrender, you know. Brett (BRETT) saw a 10% uptick, and then rolled down for 3%. New partnerships with emerging crypto platforms enhanced its appeal. The vocal Brett community played a key role in sustaining momentum. Mog Coin (MOG) truly went through the wringer. It dropped 10% on negative sentiment, then rebounded 15% after launching a staking feature. Talk about a rollercoaster! Book of Meme (BOM) steadily gained 4%. Small but positive platform updates drove its performance. BOM's consistency continued to attract new investors. We love stability, of course. And we lack it so desperately. Dog (Runes) faced headwinds, dropping 8%. Market corrections and regulatory concerns were to blame, no doubt. Yet, the community remained upbeat about future developments. To sum up, this week's events highlight the meme coin market's unpredictability that goes far beyond the ordinary altcoins. But that's why we love meme coins, right? They are insanely fun and insanely risky. That's probably not what Satoshi intended for us, but who says we can't have fun while Daddy is away.

Dogecoin whales have been shaving off their holdings over the past year, on-chain data shows. Usually, it's a bearish sign. But in case of Dogecoin there is a catch. Market intelligence platform IntoTheBlock shared some interesting data. It turns out that DOGE whales have lost supply share to other holder groups recently. Each of the so-called whales carry over 1% of all DOGE circulating supply in their balance. A year ago the whales controlled 45.3% of DOGE. Now they've got only 41.3% at their disposal. Retail and mid-sized investors now hold a larger share of the total supply, analysts explain. As for these definitions, mid-size investors are those having between 0.1% and 1%. Retail investors are the small fish with 0.1% and less. On one hand, the whales’ reduced holdings suggest that big investors have lost interest in Dogecoin. That's a clearly bearish sign. Whales are the most influential users of the token. Their collective behavior might sometimes directly impact the price. On the other hand, the redistribution of the supply to smaller holders could be positive for the health of the DOGE ecosystem. Blockchain is supposed to be decentralized by its nature. Many blockchain purists are angry with the global processes occuring in Bitcoin mining or Ethereum staking. The former is getting occupied by just a couple of large mining companies. The latter is endangered by huge entities, having more than half of ETH staked under their control. So for Dogecoin, becoming less centralized means getting more charm in an old fashioned blockchain way.

Crypto analyst Kevin, formerly known as OG Yomi, has identified a bullish pattern on the Dogecoin (DOGE) chart, suggesting an imminent breakout. Kevin's analysis points to a multi-month consolidation period that may soon end, propelling DOGE to new heights. The analyst's bullish stance is rooted in a pattern that typically precedes significant price surges. Kevin highlights the importance of the recent price movements within a symmetrical triangle, a formation often associated with impending breakouts. He suggests that a breakout from the current pattern could see DOGE testing higher resistance levels, potentially leading to substantial gains. According to him, Dogecoin's current position within this pattern signals a likely upward trajectory. The triangle's apex, he notes, is approaching rapidly, indicating that a decisive move could be imminent. The crypto market has been closely watching Dogecoin, especially after recent endorsements and market activities. Kevin's analysis adds to the growing anticipation among traders and investors. Kevin's insights also emphasize the role of market sentiment and external factors in shaping Dogecoin's price movements. While technical analysis provides a framework, he acknowledges that news and broader crypto market trends will influence the outcome. He advises investors to stay vigilant and consider these dynamics when making trading decisions. Dogecoin has historically been subject to significant volatility, driven by both technical patterns and social media trends. Especially those set by Elon Musk. Kevin's bullish forecast may reignite interest in DOGE, particularly among those looking for short-term trading opportunities. As the symmetrical triangle narrows, market participants are preparing for potential rapid price shifts. Dogecoin (DOGE) is a cryptocurrency that originated as a joke in 2013 but has since grown into a widely recognized digital asset. Created by software engineers Billy Markus and Jackson Palmer, Dogecoin was inspired by the popular "Doge" meme, featuring a Shiba Inu dog. Despite its humorous beginnings, Dogecoin has garnered a large following, partly due to its vibrant community and the support of high-profile figures like Elon Musk. The coin operates on a decentralized, peer-to-peer network similar to Bitcoin but with faster block times and an uncapped supply, making it well-suited for tipping and small transactions. Dogecoin's historical peak price was achieved in May 2021, when it surged to approximately $0.74 per coin. This dramatic rise was fueled by a combination of social media hype, celebrity endorsements, and the general bullish trend in the cryptocurrency market at that time. Dogecoin's market capitalization soared, briefly positioning it among the top cryptocurrencies by market value. Despite its volatility and the playful origins, Dogecoin remains a significant player in the crypto space, often used for charitable causes and microtransactions.