PEPE Hits 30-Day Low: Is This the End of Memecoin Madness?
PEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
BernicePEPE's futures interest drops by 30%, reflecting broader market decline. Demand and profitability decline, raising questions about memecoin future.
BerniceBinance NFT platform will cease Bitcoin NFT trading and deposits starting April 18th, 2024, at 14:00 GMT. Additionally, related airdrops and benefits will be terminated from April 10th, 2024. Users are urged to withdraw their NFTs before the specified dates to avoid potential losses.
Cheng YuanSolana experienced a significant 319% surge in Q1 2024, driven by increased memecoin trading on decentralized platforms. Despite this, challenges like a decline in DEX volume and active validators pose risks. However, announcements of token airdrops and potential yield opportunities offer optimism for Solana's growth in Q2.
SanyaNew Meme Coin "Bobaoppa" faces a rocky debut as high fees and founder's past raise concerns. Solana's Hump emerges, aiming for exponential growth. However, caution advised given founder's track record.
SanyaThe Base network, supported by Coinbase, has experienced a surge in activity, particularly in memecoin trading. Transactions and trading volumes have reached record highs, with over 2.3 million transactions on March 30 alone. Decentralized exchanges on Base have seen unprecedented volumes, led by UniSwap. Memecoins have played a significant role in driving this surge, with speculation that Base could become a hub for such coins. However, this growth has also led to a significant increase in gas fees on the network. As Base continues to grow, sustaining its momentum will be crucial for its future success.
Cheng YuanWhile Dogecoin's surge is noteworthy, it also highlights the inherent volatility of meme coins, which may pose risks to investors.
BerniceMeme coins inspired by the legal drama surrounding Sam Bankman-Fried experienced rapid surges and subsequent crashes in value. Tokens like "Sam Baseman Fraud" and "Som Bonkmon Fraud" saw astronomical gains before plummeting, leaving investors with substantial losses. Despite the allure of quick profits, the speculative nature of these ventures poses significant risks, often resulting in disappointment for holders.
SanyaMunchables GameFi platform, operating on Ethereum Layer-2 via Blast, suffered a $63 million exploit, alarming the crypto-gaming community. The breach, meticulously executed, extracted 17,413 ETH and prompted concerns about blockchain gaming security. Pre-exploit, Munchables offered GameFi features, incentivizing users with Blast ETH and USD to farm rewards. The incident underscores the need for heightened security in crypto gaming. The aftermath entails addressing vulnerabilities and possibly advocating for industry-wide standards. This exploit serves as a reminder of decentralized app risks, emphasizing robust security measures' necessity.
SanyaPixelmon CEO Giulio Xiloyannis is taking a bold step towards revival by embracing fractionalized NFTs. Despite past setbacks, Pixelmon aims to rekindle interest with revamped artwork and a free-to-play model, rewarding NFT holders with royalties. However, challenges such as subjective IP ownership and community governance loom. Yet, growing support from the crypto industry signals optimism for Pixelmon's future.
BerniceExplore the “Kimchi Premium,” regional trading activity, and crypto market seasonality.
JinseFinanceMoney never sleeps, new stories are on the way, and I hope you can win this time.
JinseFinanceInstitutional interest in meme coins is rising, with TON launching Memelandia, a new platform aimed at fostering meme coin growth by leveraging Telegram's large user base.
CatherineKraken lists BONK and WIF meme coins for UK users, alongside other new coins. Expansion includes TradeStation Crypto and Coin Meester B.V. acquisitions. Kraken Wallet offers open-source solution for diverse blockchain assets, enhancing security.
EdmundForbes teams up with Memeland for 'No Sleep NYC' NFT event, signaling commitment to Web3. Collaboration aims to foster community and innovation in dynamic digital space. Memecoin (MEME) sees activity post-announcement, reflecting market excitement.
Xu LinNumerous complaints on various platforms highlight growing frustration over the sudden increase in eligibility requirements by Memeland. Ray Chan Chin-ching (陳展程) CEO and co-founder of entertainment online platform 9GAG.
AlexCoinbase is attempting to change the narrative around cryptocurrencies as part of an upcoming television advertisement campaign.
OthersMetaverse is still very much important as the days of the internet are taking a new shape with the migration of different projects into Web3.
NulltxThe longer the cryptocurrency bear market wears on, the closer the valuations of Dogecoin and Shiba Inu have become.
BitcoinistINTERNET CITY, DUBAI, Jul. 20, 2022 – LBank Exchange, a global digital asset trading platform, has listed CRYPTOKKI COIN (TOKKI) ...
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