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Are celebrity tokens good or bad for Web3? Execs weigh in
27.6.2024
Cointelegraph approached professionals across Web3 to get their thoughts on the emergence of celebrity-backed meme tokens in crypto
ZynCoin Meme Token Patches Things Up With Tobacco Giant Philip Morris
26.6.2024
The Fortune 500 firm initially demanded an end to the crypto named for its nicotine pouch, but backed down after realizing there was no entity to sue
Solana Adds 'Blinks' and 'Actions' So Users Can Trade Crypto On Their Favorite Social Apps
25.6.2024
The epicenter of the latest "meme coin" hype, Solana is introducing new tools designed to make crypto trading more accessible
BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem
25.6.2024
BNB Chain has announced a new initiative called “Meme Heroes” to support the growth of meme coin projects. The company will allocate $900,000 for liquidity pool (LP) support, extending its commitment of $1 million to accelerate meme coin innovation on BNB Smart Chain (BSC)....
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Top 10 TON Chain Coins Reach $20 Billion in Combined Value
24.6.2024
Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market...
Customers protest exchange bankruptcy plan: ‘We never gave FTX our coins!’
21.6.2024
A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights
Meme Coin Liquidity Hits Record High Even as Bid-Ask Spread Spotlights Risk
21.6.2024
Generally, increased liquidity leads to a tighter bid-ask spread, but that's not the case with meme coins
Meme Coin Meltdown: Presidential Tokens TRUMP and BODEN Tumble Amid Market Slump
20.6.2024
Amid a general downturn in the cryptocurrency market, meme coins have experienced notable losses over the past week. Dogecoin and shiba inu declined by 13.9% to 15.6% respectively in the last seven days, while presidential meme coins such as TRUMP and BODEN also suffered substantial double-digit...
Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly
20.6.2024
According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained...
Why did Fetch and SingularityNET AI-tokens just surge 30%?
20.6.2024
Both AI-tokens Fetch and SingularityNET staged a strong price recovery after a three-month downtrend
First Mover Americas: Ether, Meme Coins Lead Recovery While Bitcoin Remains Subdued
19.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012
19.6.2024
The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off
AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest
18.6.2024
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet's mantra of buying in doom and selling in boom
‘No clear catalyst’ as altcoin bloodbath sees top coins dip double digits
18.6.2024
Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflow
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
17.6.2024
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...
Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
17.6.2024
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their...
Boxing Sensation Ryan Garcia Teases the Launch of His Own Meme Coin
16.6.2024
In a series of recent social media posts, American professional boxer Ryan Garcia hinted at the creation of his own meme coin. “Whatever coin I create I will go hard asf,” Garcia stated in one post, indicating his commitment to the project. In a subsequent post, he added, “When...
12-Month Crypto Gainers: Meme Coins Take 7 of Top 10 Spots
12.6.2024
Over the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to other asset classes globally. However, seven out of the top ten gainers in the past year have been meme coins, with the crypto assets TRUMP, WIF, BOME, BONK, MOG,...
Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings
11.6.2024
The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from Coinmetrics provide insights into the implications of this trend on networks...