There has been a resurgence in transactions per token on the Tron-based platform for the launch and trading of meme coins, SunPump. The latest trend indicates a renewed interest in meme coins within the Tron network, as this controversial category has seen increasing adoption and even official acknowledgment from high-profile figures, including political leaders and...Read More
Changpeng Zhao, the founder and former CEO of Binance, has said he will consider a community suggestion to create a meme coin inspired by his pet dog. The idea emerged after a viral social media exchange in which users pushed him to reveal his dog’s name and picture. A Possible Change in Perspective The discussion...Read More
Once dismissed as gimmicks, meme coins are now backed by influential figures and even state-led initiatives. However, while adoption surges, regulatory oversight remains absent. The Regulatory Debate Continues According to the US Securities and Exchange Commission (SEC) Commissioner Hester Peirce, many of the meme coins in the market today do not come under the regulatory...Read More
Blockchain security firm SlowMist has identified a critical vulnerability in Four.Meme, a meme coin launchpad on Binance Smart Chain (BSC), where attackers could manipulate PancakeSwap v3 pools to exploit token launches. The vulnerability stemmed from the fact that Four.Meme does not implement price verification checks which allowed malicious users to create pools with deliberately skewed...Read More
“The crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano,” reported Santiment on Feb. 11. It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less...Read More
Pump.fun’s co-founder Alon Cohen has dismissed speculation about an upcoming PUMP token launch. The development comes as the platform is facing a potential class-action lawsuit for the alleged sale of unregistered securities. Token Launch Rumors Cohen addressed the rumors on X, stating, “Seeing rumors about a potential pump fun token – these are wrong.” He...Read More
Binance founder and former CEO Changpeng Zhao (CZ) has spoken to his followers on X following the listing of TST on the exchange on Sunday. He clarified that while he does not oppose meme coins, he has never personally invested in them. CZ Explains His Views on Meme Coins Addressing concerns about his views, CZ...Read More
The Central African Republic (CAR) recently introduced a national meme coin, CAR, announced by President Faustin-Archange Touadéra. The launch quickly gained attention, not only due to questions surrounding its authenticity but also because a trader reportedly made millions within hours by capitalizing on early market movements following the announcement. Skepticism Mounts Over CAR Meme Coin...Read More
The past few weeks have been unfavorable for Popcat (POPCAT), the popular Solana-based meme coin, but now, looking at the current price action, it seems the market sentiment is shifting. As of today, February 9, 2024, POPCAT is gaining significant attention from crypto enthusiasts and is poised for massive upside momentum. POPCAT’s 40% Rally POPCAT...Read More
A test meme coin (TST) created for a tutorial on the Four.Meme platform experienced an unexpected surge in value following a social media post by former Binance CEO Changpeng Zhao, popularly known as CZ. The token, originally intended as a demonstration asset on the BNB Chain, saw its market cap skyrocket as traders and influencers...Read More
Two law firms – Burwick Law and Wolf Popper LLP – have issued a cease-and-desist letter to the Solana-based meme coin creation platform PumpFun, demanding the immediate removal of the Dogshit2 token and other related coins deployed on the Solana blockchain that utilize unlicensed intellectual property from their firms. According to the law firms, PumpFun...Read More
Amid ongoing market uncertainty, Shiba Inu (SHIB), the popular and second-largest crypto meme coin, has gained attention from crypto enthusiasts and made a big move. Today, February 6, 2024, blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred 1.239 trillion SHIB tokens, worth $20.136 million, from the Kraken cryptocurrency...Read More
The crypto market is showing signs of recovery following a rollercoaster for a few days, and thoughts are turning to how high some of the more popular assets could go in the coming days and months. One analyst has suggested that the largest meme coin by market cap, Dogecoin (DOGE), could shatter its current all-time...Read More
Both TRUMP and MELANIA have plunged significantly from their pre-inauguration frenzy. To top that, certain industry experts also expect the two meme coins to test regulators’ boundaries under President Trump. While intense scrutiny continues, newly revealed data estimates that Trump has made hundreds of millions from his own meme coin launch. Trump’s Crypto Windfall According...Read More
Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every token created through Pump.fun constitutes an unregistered security, from which the platform has profited nearly $500 million in fees. Alleged Securities Violations and Investor Losses...Read More
A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the individual launched an average of 12 coins per hour daily for several months. The Meme Coin Minting Machine The user, identified by the wallet 0x818a…aJa13N,...Read More
Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD tokens, Solana, and other crypto assets. Branstetter shared the news during an emergency livestream, expressing heartbreak while reassuring the community of his unwavering commitment to...Read More
Chris Dixon, founding partner at a16z Crypto, claims that misguided regulations fueled the meme coin explosion witnessed in 2024. The venture capitalist criticized the Biden administration’s approach to digital assets, arguing that its restrictive policies stifled real innovation and left the market with mostly speculative tokens. A Distorted Crypto Sector Speaking to prominent crypto journalist...Read More
Meme coins are considered inherently worthless and possibly without a future, but Ki Young Ju, the founder and CEO of the crypto analytics platform CryptoQuant, thinks otherwise. In fact, he has likened the fun sector to the art market, insisting that they have some similarities and could be viewed from the same lens. According to...Read More
Senator Elizabeth Warren, ranking member of the House Banking Committee, is asking federal agencies to investigate whether President Donald Trump’s recent launch of a meme coin violated ethical or regulatory standards. The Massachusetts lawmaker, alongside Representative Jake Auchincloss, directed the request to the heads of the U.S. Office of Government Ethics (OGE), the Treasury Department,...Read More
David Sacks has introduced a new perspective on non-fungible tokens (NFTs) and meme coins, describing them as a distinct class of digital assets. In an interview with Fox Business, the AI and crypto czar spoke on the growing complexity of classifying digital assets, categorizing the two as collectibles. Digital Asset Classification “When you talk about...Read More
The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing. How the Scam Unfolded According to various reports, the attackers took control of the Nasdaq account...Read More
Janice Elizabeth McAfee, wife of the deceased tech entrepreneur and crypto proponent John McAfee, has launched a new artificial intelligence-themed meme coin, AIntivirus (AINTI), to honor the legacy of her dead husband. While some crypto community members have applauded the move, many have raised concerns about the token’s supply. According to data from Solscan, the...Read More
Deaton is a Massachusetts attorney who made a big name for himself in crypto markets after founding CryptoLaw. It’s a crypto news website with an extensive library of official documents related to cryptocurrency cases in US courts. The crypto activist recently warned that meme coins like the new TRUMP tokens that have been going around...Read More
Some brief context: Bitcoin burst up from glances of support at the $92,500 and $93,000 levels earlier this month. On Wednesday, Jan. 15th, the world’s first cryptocurrency flew over $100,000 in daily spot prices for the fourth time since December. This time, BTC may stay above medium-term support for the $100,000 mark. Strong whale moves...Read More
Shiba Inu (SHIB), the popular and second-largest crypto meme coin, is poised for a price surge as it has formed a bullish price action pattern on its four-hour time frame. In addition, the overall market sentiment appears to be shifting from a downtrend to an uptrend, with SHIB seeming to breach its prolonged consolidation or...Read More
Messari founder Ryan Selkis has urged soon-to-be President Donald Trump to dismiss the team behind the release of the MELANIA meme coin. According to him, the launch was poorly executed, undermined Trump’s financial interests, and damaged some of the public goodwill he has enjoyed since winning the U.S. presidential polls in November 2024. Market Collision...Read More
With their explosive gains, meme coins have transformed the fortunes of many investors virtually overnight. However, their dominance in the market is under threat. According to Dragonfly Capital managing partner Haseeb Qureshi, meme coins will lose market share to “AI agent” coins. Qureshi described this shift as a migration from “financial nihilism to financial over-optimism.”...Read More
A savvy cryptocurrency trader generated a staggering return of 45,906x by capitalizing on a fleeting trend linked to Elon Musk’s brief name change on X. Blockchain analytics firm Lookonchain reported that the trader invested 0.017 Ether (approximately $66) to acquire 10.17 million Kekius Maximus (KEKIUS) meme coins on December 14. Over the next 18 days,...Read More
The crypto market has shown dramatic shifts in narrative performance, with AI-driven technologies emerging as clear winners in the final month of 2024. In contrast, meme coins and modularity projects have experienced significant declines in the last 30 days. Winners and Losers The latest data from Web3 analytics platform Dexu AI shows that AI agents...Read More