As the bears tighten their hold on the crypto market, the community experiences FUD. The crypto fear index has dropped to 21 indicating strong liquidations. Bitcoin fell to $79,000 in the past hour, further driving tensions upwards. Meanwhile, the SEC is scrutinizing memecoins. Notably, the SEC published an article discussing
The crypto market is recovering from the recent slump, with the overall market cap surging to $2.95 trillion. Amidst the bullish resurgence, the 24-hour trading volume has declined 22% to $144 billion. Despite this leading altcoins are gaining momentum, and the memecoin market also experienced a major rebound and its
The crypto market experienced a significant market downturn, which resulted in a 7.30% decline in the overall market cap, reaching $2.9 trillion. Despite the broad slump, the 24-hour trading volume has surged by 125% to $199 billion, indicating heightened market activity. The bearish sentiment has seen most prices record significant
Speculation is mounting over whether Kanye West, now known as Ye, has sold his X (formerly Twitter) account to Barkmeta for $17 million. However, Ye has publicly denied these claims, stating, “This is fake, I don’t know this person.” The controversy arises amidst discussions of a potential meme coin launch,
Pump.fun, a Solana-based memecoin launchpad, is reportedly testing a new in-house automated market maker (AMM), which could potentially replace Raydium as the primary decentralized exchange for tokens launched on its platform. This development was initially reported by Aggr News on X (formerly Twitter), reporting that this innovation might challenge Raydium’s
The second largest memecoin, Shiba Inu (SHIB), has been trading sluggishly recently, struggling to break the downtrend for months. Over the past 24 hours, the memecoin attempted to break the $0.00001600 but failed as the bears overtook the bulls. As the bearish momentum gained control, the memecoin faced a pullback
The Doodles NFT collection has achieved a remarkable $16 million in weekly trading volume following its announcement of $DOODS, a Solana-based meme coin. This surge marks the collection’s second-highest trading peak in 2024, demonstrating the growing trend of established Ethereum NFT projects expanding into Solana’s memecoin ecosystem. Strategic Evolution in
Memecoins are losing their momentum amidst the delayed bullish rally in the broader crypto market. However, new token launches and presale have always recorded price surges with the initial hype. The same happened with the latest memecoin PAIN. It is created based on the popular internet meme of an old
Memecoins emerged to be a separate class of their own in the past few years. The incredible price surges in short spans combined with the popularity over the internet, they create buzz in the crypto market. However, most of them are short lived with no real-time use case or string
Dave Portnoy, the founder of Barstool Sports, is facing backlash after his involvement with the memecoin $GREED. Just hours after launching the token, he sold his entire stake, causing a 99% crash in its value. He then introduced a new token, $GREED2. Portnoy launched $GREED on Tuesday, calling it a
