The light-hearted nature of crypto has bounced back into the limelight during crypto’s latest purple patch, with the rise in crypto prices this year accompanied by a resurgence in so-called memecoins, led by the likes of Dogecoin, Pepe and Shiba Inu. According to data from BDC Consulting, the number of
As Solana (SOL) memecoins experience a significant downturn, traders are witnessing substantial losses in value and are increasingly seeking refuge in more stable and promising investments. One hidden gem capturing their attention is RCO Finance (RCOF), a DeFi token that offers a unique blend of security and high returns. With
The cryptocurrency market continues to languish in a prolonged bearish phase, with major cryptocurrencies hitting new lows and altcoins suffering double-digit declines over the past week. The global market capitalisation currently stands at $2.02 trillion, reflecting a 1.39% decline, while trading volume has surged by 68% in the past 24
The TON blockchain experienced a significant disruption yesterday as it faced a six-hour power outage due to a surge in network traffic. The native token of the TON blockchain resumed block production after the outage, which raised concerns about network stability and potential security risks. Such prolonged disruptions are rare
The memecoin sector holds consistent traders’ interests, which results from unique instances. It frequently sees the launch of new tokens apart from several rug-pull incident reports. Relatedly, in the last 24 hours, a memecoin scam was committed related to the prominent football star, Kylian Mbappe. According to reports, the prominent
The cryptocurrency market has been under significant pressure as bearish sentiment led to a 5.58% drop in the overall market cap. Bitcoin, the leading cryptocurrency, plunged to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.
Presale by Memecoin ecosystem WOMIO for its $WOMIO token is now live. The WOMIO platform facilitates simplification of multichain memecoin launches while enabling novel use cases that will propel the sector forward. Yesterday, on August 21 at 19:00 (CET), WOMIO commenced its ongoing token presale, providing the community with a chance to
In the volatile nature of the cryptocurrency market, an anonymous trader has turned a modest $1,000 investment into a jaw-dropping $750,000 by trading the SunWukong memecoin. The trader’s holdings in SunWukong surged to this impressive peak, yet he has not sold a single token, leaving the crypto community speculating about
Trump-themed memecoins have sharply declined following new poll results for the 2024 U.S. presidential race. The polls show Democratic nominee Kamala Harris leading Republican nominee Donald Trump by 10%, with her chances at 54% and his falling from 72% to 44%. Formerly, Trump had 64 percent of the vote against
During the Blockchain Futuristic Conference in Toronto, Canada, a live discussion took place at the WonderFi main stage titled “Memecoins, Social Investing, and DeFi – How Retail Trading Will Continue Evolving.” Jelena Djuric, CEO of Noble and a panel speaker, expressed her skepticism about the longevity of these memecoins in
