Coin Metrics: Market trends amid the meme craze
Decipher the surge in memecoin activity and the market trends shaping the industry.
JinseFinanceDecipher the surge in memecoin activity and the market trends shaping the industry.
JinseFinanceThe volatility of MemeCoins may negatively impact portfolio stability.
JinseFinanceThe Avalanche Foundation has introduced a comprehensive eligibility framework for meme coin acquisitions, emphasizing independence, native status, and scrutiny. The Foundation, utilizing its "Culture Catalyst" fund, has begun purchasing meme coins but remains tight-lipped about specifics. While the rules are flexible, meeting them doesn't guarantee acquisition. As of January 2024, the Foundation cautiously evaluates meme coins to align with its standards.
SanyaAvalanche Foundation shifts focus to support selected meme coins on its blockchain, aiming to foster a culture of fun and community spirit.
KikyoAvalanche Foundation is investing $100 million in meme coins through its NFT incubator fund, aiming to foster cultural expression. Coqinu, a rooster-themed token, has surged despite acknowledging its valuelessness. This reflects a broader trend in meme coin popularity on the Avalanche network, driven by lower fees and faster speeds. However, caution is advised due to the inherent volatility of meme coins.
Cheng YuanThe Avalanche Foundation is branching into meme coin investments, a move symbolizing a shift in the crypto world's perception of these assets.
EdmundBONK, a Solana-based meme coin, spikes 40% following Coinbase listing news.
Cheng YuanEnter SNEK, an explosive meme coin on the Cardano network that recently slithered its way into the animal meme coin kingdom. How will its unique memetic appeal shape the future landscape of crypto?
CatherineThis Shiba Inu-themed meme coin has risen rapidly over the past week but is it truly the saviour of SOL or will it join the ranks of the countless meme coins that have become obscure?
CatherineThe longer the cryptocurrency bear market wears on, the closer the valuations of Dogecoin and Shiba Inu have become.
Bitcoinist