🤔 What do a memorial and a memorandum have in common? That's right—they both contain "mem" (yes, literally)

With this longread, we open the series of essays "Zoomer's Dictionary," which aims to explain some features of modern trendy terms and linguistic constructions. And we will start with the most interesting one for the cryptocurrency industry—memes.

The word "meme" comes from the Greek "mimema," meaning "imitated." Richard Dawkins introduced this term in his book "The Selfish Gene" to describe how ideas spread and evolve in human society. Memes often have a humorous nature, which is their main strength because it makes them highly understandable and allows for the easy transmission of multi-layered context. For example, the meme abbreviation "POV" (Point of View) immediately indicates that the conveyed message is about a lifestyle that the author tries on to describe a particular life situation: "pov: you’re a novice trader" 💸

Memes have tightly integrated into digital communication and can not only entertain with funny pictures but also significantly influence public opinion, politics, and even finance, as we observe with the rise of #memecoins. Like a virus, a simple and precise meme instantly captures the minds of millions, evoking a strong emotional response. If the stated philosophy of a project, framed in a simple "meme-message," resonates with many people, they vote for such a project with their money, allowing it to grow in value. Tokens like #GME and #FreeTrump have shown growth not because of any special technological value, as is often the case with other cryptocurrency projects, but solely because a large number of people shared the stance promoted by these memecoins.

In the second part of the material, we will talk about Dogecoin and Shiba Inu—stay tuned for tomorrow 🐶

🐶 #Dogecoin and #ShibaInu are pioneer cryptocurrencies in the world of #memecoins. Their popularity can be attributed to several factors

Firstly, they were launched as alternatives to serious and complex financial instruments, which is what cryptocurrency seemed like at the time. These memecoins essentially made a statement to the entire industry: "Hey! You don’t have to be a cool programmer or understand blockchain to be part of the crypto community." Secondly, memecoins were powerfully and actively promoted on social media through (surprise) memes. Memes are the primary form of content with the highest viral potential (attractiveness for reposts). And let's not forget about Elon Musk.

Thanks to Musk's support, Dogecoin turned into a serious cryptocurrency asset with high market capitalization. Tweets aside, the controversial billionaire even promoted this cryptocurrency on Saturday Night Live, while simultaneously poking fun at it. A similar story happened with Shiba Inu, which was launched as the "Dogecoin killer"—a meme competitor to the popular meme (hard to grasp, but try)—and also gained support on social media.

It can now be said with confidence that meme culture is becoming an increasingly strong and widespread trend in the crypto industry, replacing #ICO and #NFT. Memes attract, create active communities around them, and can cause significant market fluctuations. By leveraging all this, memecoins have successfully drawn the attention of a broad audience and demonstrated that even a non-serious project can achieve significant heights.

How do you feel about memecoins? 🤔

It is rare to have the opportunity to personally fuel a rocket you believe in and are excited to see soar 🚀

But today is the day you can help KickEX and the #KICK token reach new heights faster. We kindly ask you to leave your feedback on the CERTIK platform, and this is one of those times when your review truly matters to us 💚

Sincerely, the KickEX team

🌍 Weekly #CryptoDigest News:

🪙 03.06 BTC.D (Bitcoin Dominance over altcoins) - 54.4%

🧭 03.06 Fear and Greed Index - 73

🇺🇸 07.06 15:30 USD - Unemployment rate for May. Forecast 3.9%, previous 3.9%

There are no particularly significant news updates, so the market is currently in a consolidation zone.

#Analytics #Bitcoin

🪙 #BTC/#USDT held its position above the support zone of $64,500-$67,700 and broke the short trend.

📈 If market participants maintain the price above $68,500, a good long setup with cascading levels up to $71,979 is forming.

An alternative scenario is further consolidation until news is released.

not a trading recommendation

#Analytics #BNB

🔶 There is a triangle pattern on #BNB/#USDT with a squeeze to the 645.2 level.

Beginning of consolidation or volume accumulation since March 10.

There is a lot of liquidity behind the 645.2 level, many shorts have placed stop orders behind resistance levels 645.2, 669.3 and ATH level 691.8.

Trade: open a position to break the 645.2 level and hold mid term to ATH 691-700.

is not a trading recommendation

🍑 Meme-Lord Elon Musk has allowed 18+ content to be posted on X (Twitter)

Now many people understand why the social network was renamed to X, while experts emphasize that this decision aligns with the company's overall policy of being provocative and different from FB, YouTube, and TikTok.
📌 With that said, a question to the community:

Should we take advantage of this opportunity and make some adjustments to our SMM strategy to attract more attention?

🔥 — Yes
🍾 — Definitely yes
🌚 — It's good as it is

⚡️ A significant capital inflow of $886.8 million into spot #BTC #ETFs occurred yesterday

This inflow was the second largest since the launch of the ETF. The inflows have continued for 16 consecutive trading days, reaching $3.2 billion

Currently, U.S. spot #bitcoin ETFs hold coins worth more than $61 billion, which accounts for 4.43% of all existing bitcoins 🪙

🆘 SCAM ALERT 🆘

Beware of any emails received in the last 24 hours that promise an airdrop or are about account security

A popular email marketing service among crypto projects has been hacked, so this warning applies to emails from any company.

The hacking incident was reported by Paolo Ardoino, the head of #Tether. Bobby Ong, the co-founder of #CoinGecko, also confirmed this information, stating that there are already examples of phishing emails sent from the official CoinGecko address.

An investigation is currently underway, protect your assets🛡

#ScamAlert #Security

#Opinion #Analytics

🔼 According to experts from Bitfinex, the consolidation phase is over, and the market is preparing for a bull run

The company's analysts have concluded that the correction is completed, and investors have entered a phase of reaccumulating assets.
This is indicated by the increased inflow of money into #Bitcoin-#ETFs and the rise in accumulation addresses for #Bitcoin and #Ethereum.

Do you share the experts' opinion? 🧐

#Analytics #BNB

🔶 BNB/#USDT has broken through its ATH level of $691.8

The historical level of $691 was a resistance level, but after breaking through and consolidating above $691, the ATH became a support level.

📈 The following trading plan is being considered: building a position up to the price of $688 and holding the position with targets at $732-740

📉 Exiting the position will be considered if the price breaks below $686.6

this is not a trading recommendation

🪙 #Bitcoin is leading in asset returns

#BTC shows a growth of +59.75% since the beginning of this year

🪙 In second place is silver with +24.8%

Next are the indices and gold:

#Nasdaq +14.16%
#Gold +12.87%
S&P500 +11.57%

#CryptoNews

#Opinion

🪙 Robert Kiyosaki now expects #Bitcoin to reach $350,000 by the end of August. Previously, his forecast was $125,000 by the end of the year.

The author of financial bestsellers (not our opinion — aggregator sites consider it so) stated that he continues to buy #BTC, #Ethereum, and #Solana because he is fully confident in their further growth.

In addition, Robert called the current President of the United States, Joe Biden, incompetent in the matter of cryptocurrencies and urged adding #gold and #silver to one's investment portfolio.

For those who didn't get this #cryptomeme ☝️

🪙 Capital inflows into spot #BTC ETFs have lasted a record 18 consecutive trading days

The most funds, $350 million specifically, have flowed into the #IBIT fund, which belongs to #BlackRock. Currently, their balance is valued at more than 300,000 #BTC.

BlackRock has bought all the businesses, and now they want to buy all the bitcoins 🗿

#CryptoNews