PEPE Hits 30-Day Low: Is This the End of Memecoin Madness?
PEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
BernicePEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
BerniceSolana experienced a significant 319% surge in Q1 2024, driven by increased memecoin trading on decentralized platforms. Despite this, challenges like a decline in DEX volume and active validators pose risks. However, announcements of token airdrops and potential yield opportunities offer optimism for Solana's growth in Q2.
SanyaNew Meme Coin "Bobaoppa" faces a rocky debut as high fees and founder's past raise concerns. Solana's Hump emerges, aiming for exponential growth. However, caution advised given founder's track record.
SanyaMemeland introduces Memenet, a blockchain dedicated to meme coins, aiming for a secure, cost-effective ecosystem. With plans for EVM compatibility and native revenue mechanisms, Memenet targets a September launch.
Cheng YuanThe Base network, supported by Coinbase, has experienced a surge in activity, particularly in memecoin trading. Transactions and trading volumes have reached record highs, with over 2.3 million transactions on March 30 alone. Decentralized exchanges on Base have seen unprecedented volumes, led by UniSwap. Memecoins have played a significant role in driving this surge, with speculation that Base could become a hub for such coins. However, this growth has also led to a significant increase in gas fees on the network. As Base continues to grow, sustaining its momentum will be crucial for its future success.
Cheng YuanWhile Dogecoin's surge is noteworthy, it also highlights the inherent volatility of meme coins, which may pose risks to investors.
BerniceThe surge in Base's gas fees, driven by trading bots, undermines the effectiveness of Ethereum's Dencun upgrade in scaling Layer-2 networks. Despite initial success, the incident highlights the vulnerability of these networks to manipulation, raising concerns about their long-term resilience.
BernicePolkadot Web3 launches PINK Memecoin, aiming to enhance community engagement. The token's fair distribution strategy and airdrop to parachain teams emphasize Polkadot's community-centric approach. PINKDROP GameFi introduces interactive challenges, with 15% of tokens reserved for participants. Efforts to integrate PINK into gaming highlight Polkadot's innovation. However, questions linger about the long-term impact of memecoin dynamics.
Cheng YuanBlackRock's recent $100 million deposit into USD Coin (USDC) on Ethereum marks a notable shift towards memecoins and NFTs. This move accompanies the establishment of a tokenization fund and reflects BlackRock's evolving stance on digital assets. Led by Chairman and CEO Larry Fink, BlackRock's vision includes tokenizing financial assets on Ethereum, aiming for a unified ledger. Despite initial skepticism, BlackRock's embrace of cryptocurrencies and NFTs underscores a changing tide in traditional finance.
SanyaWithin five hours of a Delaware federal court jury finding his son guilty, Jeo Boden (BODEN), a deliberately misspelled presidential token, surged 26% to a 24-hour high of nearly $0.20.
JinseFinanceMEMEs are presented in different forms in each cycle, and their characteristics and mechanisms vary with the changes in the cycle. MEMEs can reflect the mentality of investors and market hotspots in different periods to a certain extent, including the outlook for current new technologies and the direction of narrative.
JinseFinanceMeme coins spread, and investors ultimately face more risk, not less.
JinseFinanceWe look forward to actively embracing Meme culture Musk and promoting the birth of more million-fold Meme coins in this bull market.
JinseFinanceAfter nearly a decade of smart contract platform development, by the end of 2023, many people were disappointed that the most popular cryptocurrency products were still centered on the cryptocurrency itself, rather than how it was applied.
JinseFinanceWall Street Memes swiftly responds to a Discord cyber attack by launching the Discord Hack Relief Fund, airdropping $46,000 in $WSM tokens to compensate victims. Those submitting claims by November 17 receive a 1:1 refund for compromised wallet funds, with the community expressing gratitude on Telegram. The team also introduces the Wall Street Memes Casino Loyalty Program and teases the upcoming Wall Street Casino Affiliate Program, set to launch next week.
JixuLawmakers in the UK are now targeting crypto memes and fintech influencers in an effort to enforce new social media guidelines.
dailyhodlTikTok has become a focal point in the United Kingdom as the country's financial watchdog takes action against potential consumer ...
BitcoinistIn the future, as indicated by the roadmap and previous AMA conducted by the Laika AI team, they plan to introduce AI-powered solutions for decentralised finance (DeFi) and non-fungible tokens (NFTs).
BitcoinworldFollowers and competitors of Ethereum are congratulating the Ethereum team on the successful merger in their own way.
Cointelegraph