In Brief VanEck launches MEMECOIN index tracking top meme coins. MEMECOIN index outperforms with over 195% annual gain. VanEck’s move aligns with the broader trends in the market. VanEck, a New York-based asset management giant, has launched a new financial index. Dubbed the MarketVector Meme Coin Index (MEMECOIN), this index tracks the largest meme coins.…
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BlackRock’s BUIDL wallet has received memecoins donation from the crypto community. Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). According to BlackRock: “BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each…
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Over the weekend, Solana-based memecoins pre-sale frenzy had generated around $100 million. The developer of the Slerf memecoin inadvertently burned both the liquidity pool and the 500 million tokens designated for pre-sale participants in a botched launch today. The project had successfully raised over $10 million during its pre-sale. Over the weekend, the project was one of…
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In Brief Memecoins dominate with a $40B+ aggregate market cap, surpassing emerging sectors like DeFi and Exchange cohorts. Ryan Selkis reveals seven unicorn memes, comprising dogs or frogs, leading the meme coin market surge. Major cryptos witness significant price surges; PEPE spikes by 388%, DOGE up by 83%, Ethereum rises by 12.51%, Bitcoin surges by…
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In a word OKX delisted WallStreetBets DApp (WSB) token because of high exchanging focus and the WSB group’s Depository access concerns. Following OKX’s delisting declaration, the WSB token’s cost came around more than half, denoting a 73% reduction in the previous week. OKX additionally uncovered plans to close down its Mining Pool by Feb. 25,…
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In a nutshell Donald Trump has made a 150x return from the MAGA (TRUMP) coin, a memecoin attached to his 2024 political race, netting more than $1M. The resource’s expense varies with Trump’s political race achievement, with a 52% increment after his triumph in the New Hampshire primaries. Trump as of late sold 1,000 ETH,…
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