Solana has become a breeding ground for pump-and-dump memecoin schemes. Once seen as an organic playground for crypto enthusiasts, the network now attracts controversial projects and high-profile figures. Many of these memecoins surge briefly, only to crash soon after launch. This pattern leaves retail investors caught in the crossfire. Developers and insiders often pounce on […]
Solana Meme Coin Chaos Read More »
Interest in Solana’s memecoin-driven surge has sharply declined, causing network revenue and total value locked (TVL) to plummet over the past two months. Solana’s weekly network revenue hit a record $55.3 million in mid-January, fueled by a memecoin minting frenzy. However, since then, revenue has collapsed by 93% to just $4 million last week, marking
Solana Revenue and TVL Plunge as Memecoin Mania Fades Read More »
Argentine federal prosecutor Eduardo Taiano is moving to freeze over $110 million in assets linked to the Libra memecoin scandal, a case that has drawn widespread attention due to its alleged ties to President Javier Milei. The investigation revolves around Libra, a Solana-based memecoin that Milei endorsed on social media in February. His promotion sent
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Just a Chill Guy ($CHILLGUY) is proving to be anything but chill as it outpaces the competition with a meteoric rise in the meme coin market. Over the past week, the Solana-based meme coin has surged more than 135%, including an impressive 37% jump in the last 24 hours alone. Now trading at over $0.62,
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This week, the cryptocurrency market experienced a significant downturn. Resembling a relentless cascade of red across the trading charts. Bitcoin (BTC), the flagship cryptocurrency, saw its price fall to $59,000 by the weekend. Marking a sharp decline that correlates with the recent outflows from spot Bitcoin ETFs—the first such outflows in nearly four months. Let’s
Weekly market report: Crypto Market Downturn! Read More »
The crypto market experienced a relatively quiet week until Friday’s flurry of activity, which saw significant price movements influenced by macroeconomic indicators and political developments. Bitcoin and Ethereum Rally Bitcoin’s price soared above $64,600, marking a 7% increase over the week, driven by optimism after Federal Reserve Chair Jerome Powell indicated potential rate cuts in
Crypto Surges Amid Rate Cut Hopes Read More »
The cryptocurrency community is buzzing with excitement as the Solana-based meme coin, Gigachad (GIGA), experiences a significant surge in value, following high-profile endorsements from notable public figures such as Ernest Khalimov and bodybuilder Mike ‘Titan’ O’Hearn. This recent increase highlights the potent influence of celebrity backing in the volatile realm of digital currencies. Background of
Gigachad GIGA Coin Surge: Celebrity Endorsements Fuel Rise Read More »
In a notable shift, the Securities and Exchange Commission (SEC) has proposed to temporarily suspend its allegations that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities within its ongoing Binance Lawsuit. Brief Respite for Cryptocurrencies The SEC’s recent court filing suggests amending the lawsuit to momentarily set aside the allegations concerning these “third
SEC Pauses Crypto Asset Allegations amid SEC Binance Lawsuit Read More »
Bitcoin (BTC) $ 113,837.00 0.95%
Ethereum (ETH) $ 4,222.02 0.28%
XRP (XRP) $ 2.90 3.41%
Tether (USDT) $ 0.999975 0.04%
BNB (BNB) $ 834.03 0.54%
Solana (SOL) $ 181.49 0.97%
USDC (USDC) $ 0.999802 0%
Lido Staked Ether (STETH) $ 4,214.63 0.15%
TRON (TRX) $ 0.349575 0.39%
Dogecoin (DOGE) $ 0.214377 0.98%