In Brief Only 15 out of 1.7 million meme coins have sustained a market cap over $10 million, a 0.0001% success rate. Pump.fun faces criticism for fostering an environment with extremely low odds of meme coin success. Pump.fun’s free coin launch policy sparks debate, with critics fearing an influx of low-quality tokens. The meme coin…
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In Brief Bitget Wallet doubles to 30 million users, driven by on-chain trading and DeFi ecosystem growth in 2024. The BWB token and UI/UX innovations also fuel significant user engagement across global markets. This growth aligns with the broader Web3 trend of increasing daily unique active wallets in Q2 2024. Bitget Wallet has achieved a remarkable…
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In Brief Meme coins have seen significant price surges following the Bitcoin halving event. Bitcoin shows modest gains post-halving, with expectations of long-term growth. Runes, a new Bitcoin token standard, sparks interest but has modest trading volumes. In the cryptocurrency market, the latest halving event has surprisingly not put Bitcoin in the spotlight. Instead, meme…
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In Brief Crypto traders are moving from Solana to Coinbase’s Base meme coins, indicating a shift in market focus. Rekt Fencer, who allegedly made over $1 million from Solana memes, champions the potential of Base tokens. Coinbase to launch a service for over 100 million users to trade Base coins easily, boosting the sector’s appeal.…
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In Brief Dogecoin on Solana network soars by 1,401,490% in a day, then retracts to near initial levels. The meme coin Dogwifhat (WIF) spikes 25% in 24 hours, influenced by LeBron James’ hat choice. Solana’s meme coin Smog (SMOG) surges over 2,500% in a week, highlighting market volatility. In the crypto market, where trends can…
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In a word Dogecoin faces difficulties yet shows potential for bounce back, with conceivable flood to $1 in the midst of rising hypothesis. Shiba Inu sees local area driven 410.7 trillion symbolic consuming and financial backer interest, notwithstanding the new cost plunge. BONK encounters a sharp decrease in esteem however could see expected help, exhibiting…
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Meme coins will be familiar to anyone who has traded cryptocurrency for some time. And despite the fact that the vast majority do not provide any benefit, some investors simply cannot resist the urge to subscribe, despite how bizarre some may appear. Assuming that you’re one of those inquisitive brokers that are on the chase…
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