A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement. The Solana-based memecoin is now up 59% at time […]
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A sharp uptick in Solana network activity and the blockbuster performance from memecoins back SOL’s rally toward $180.
Solana's native token, SOL (SOL), gained 12.1% from Oct. 11 to Oct. 18 and data suggests that the upward momentum was partially driven by demand for memecoins. Increasing demand translates to higher network volumes, fees, and total value locked (TVL).
Traders are now debating whether the memecoin craze is sustainable and how SOL's price can continue to benefit from the surge in network activity.
While there is no fundamental basis for the surging demand for memecoins, it is clear that influential social media accounts direct traders' attention to the tokens. Take this Oct. 12 post from pwnlord69 as an example.
We’re thrilled to announce that EIGEN is now available for trading on Kraken! Funding and trading Trading for EIGEN is live as of 04:00 AM UTC today, October 1, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens […]
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We’re thrilled to announce that SKY and USDS are now available for trading on Kraken! Funding and trading Trading for SKY and USDS will be live as of 16:00 PM UTC today, October 2, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make […]
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We’re thrilled to announce that GFI and POPCAT are now available for trading on Kraken. Additionally, we’ve expanded coverage so clients in Belgium, Canada, Ireland, Italy, The Netherlands, Spain, and the United States can now trade KUJI! Funding and trading Trading for GFI, KUJI, and POPCAT will be live as of 15:00 PM UTC today, […]
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The top 10 memecoins are struggling as safe-launch tokens capture significant market attention and investor funds.
The memecoin market witnessed explosive growth in 2024, but its biggest players — including Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE) and Dogwifhat (WIF) — are struggling to hold value anywhere near their yearly highs.
It’s not just top memecoins that are faltering. Numerous industry insiders have told Cointelegraph the current wave of tokens is having knock-on effects across the industry, with one saying memecoins have “sucked the life out of this bull run.”
Data released by Lookonchain on Sept. 2 revealed just how tough the market is for the incumbent pack of memecoins, which are down an average of 63%.
The Runes-based meme token DOG•GO•TO•THE•MOON, initiated by Leonidas, the founder of Ord.io, has reached a new pinnacle in its journey. It has ascended to become the 8th-largest meme coin by market capitalization. The token, which combines the fun of a meme coin with the trust of Bitcoin and the efficiency of the Runes protocol, has […]
A meme token named DOG•GO•TO•THE•MOON, created by Leonidas, the founder of Ord.io, has reached a new peak and is now the ninth-largest meme coin by market capitalization. At the time of writing, the token’s market value stood at $695 million. The Top 10 Meme Coins Now Have Bitcoin-Centric Member A new meme coin has entered […]
Trading platform Robinhood is finalizing a settlement with investors who claimed they were burned by its 2021 meme stock buy block.
Trading platform Robinhood is working to finalize a settlement with investors who sued it for halting the trading of certain meme stocks in 2021, including GameStop.
In a May 28 filing to a Miami federal court, Robinhood’s lawyers said it is “in the process of finalizing the settlement” with the group of investors and expects settlement and dismissal in the next two weeks.
The filing did not include the settlement’s details. Robinhood, its counsel and the investor group’s counsel did not immediately respond to requests for comment.
In the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day’s top performer, climbing 41.8%, while FLOKI saw an 18.7% increase. Top Meme Coins Register Impressive Gains As of April 21, 2024, the meme coin sector is experiencing significant […]