The URF meme coin team committed a rug pull and disappeared with 2,400 SOL collected during the coin’s presale. According to on-chain researcher ZachXBT, the meme token team on the Solana blockchain withdrew Solana (SOL) worth about $450,000. The developers completed the fraud less than 24 hours after URF launched. The team also used the funds raised...
A meme coin inspired by U.S. President Joe Biden has surged over 70% today, reaching a market cap of $324 million. Jeo Boden (BODEN) is a satirical Solana meme coin that mocks Biden’s public persona and policy views. It features a website showing crude parodies of the U.S. president and heavily utilizes the Comic Sans font...
The BNB Chain ecosystem team has announced a program to support meme coin developers with a prize pool of up to $1 million. As part of the Meme Innovation campaign, participants must deploy a meme coin on the BNB Smart Chain (BSC) and apply to participate by the end of April 9. The competition will last from April...
Traders continue to make big money using meme coins amid the continuous market rally and Bitcoin’s recovery to $70,000. Lookonchain analysts paid attention to a trader who traded 89 meme coins since March 21. Only 26 of them were profitable, with a winning percentage of less than 30%. However, the trader got lucky, making $690,000 on ANIME...
Ethereum co-founder Vitalik Buterin is becoming more vocal about the current meme coin craze. “I want to see higher quality fun projects that contribute positively to the ecosystem and the world around them (and not just by ‘bringing in users’) get more mindshare,” Buterin wrote on Friday, March 29. “At the least, more good memecoins than bad ones, ideally those...
IntoTheBlock experts note a meme coin speculative sentiment increase amid the ongoing bull market. According to the latest IntoTheBlock report, traders increasingly turn to speculative opportunities promising high returns. The trend is evident throughout the meme coin sector, as seen in the emergence of new meme coins and the resurgence of older ones gaining popularity again. Analysts...
As Solana meme coins continue dominating the bull market, traders are shifting to a new niche of cat-themed tokens. The meme coin market cap has increased by 9% today, reaching nearly $70 billion. Within this sector, the market cap of Solana meme coins has increased by over 20% today, exceeding $8 billion. However, the top gainers in...
NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on...
Meme coins on Solana continue to epitomize crypto’s infamous gambling aspect, where participants may make or lose a fortune with a few clicks. Lookonchain highlighted a trader’s loss of 263.5 Solana (SOL) valued at $46,000 after investing in meme coin LADYF on March 22. The crypto user bought over $50,000 worth of the meme token shortly...
A meme coin trio — Shiba Inu (SHIB), Floki (FLOKI), and Dogwifhat (WIF) — is making waves across the crypto market. Each digital asset is experiencing notable price surges and significant developments. Shiba Inu, riding on the coattails of Bitcoin’s (BTC) recent surge past the $64,000 mark, saw its price skyrocket to a multi-month high in early trading...
