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A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’

Bitcoin.com
A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’
a16z crypto
A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that has maintained some actors in the space, making it look “like a risky casino.” A16z […]
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Bitcoin price springs 5% to K as US jobs data boosts rate cut bets

Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

12 Solana presale memecoins abandoned after just a month

Coin Telegraph
12 Solana presale memecoins abandoned after just a month
Coin Telegraph

The 12 now-defunct projects raised a total of $26.7 million by way of a controversial fundraising method known as a presale.

At least 12 Solana presale memecoins have been “completely abandoned” in the last 30 days after raising a combined $26.7 million from investors, according to figures shared by independent blockchain sleuth ZachXBT. 

In an April 21 post to X, ZachXBT highlighted 12 Solana memecoin projects that raised funds through the controversial presale method, many of which have plunged significantly since launching and one which appears not to have launched any token at all. 

According to ZachXBT, the most costly “abandoned” presale project was a memecoin dubbed “I like this coin,” which sported the ticker LIKE.

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Bitcoin price springs 5% to K as US jobs data boosts rate cut bets

Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

Meme Coins Outperform Broader Crypto Market With Notable Gains

Bitcoin.com
Meme Coins Outperform Broader Crypto Market With Notable Gains
bitcoin.com
Meme Coins Outperform Broader Crypto Market With Notable GainsIn 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 […]
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Bitcoin price springs 5% to K as US jobs data boosts rate cut bets

Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow

Bitcoin.com
Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow
bgb
Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor FollowIn the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased by 19.3%. Highlighting the Week’s Crypto Victors and Losers On Monday, April 8, 2024, the […]
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Bitcoin price springs 5% to K as US jobs data boosts rate cut bets

Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance

Bitcoin.com
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance
bitcoin.com
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 PerformanceIn the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT), BOOK OF MEME (BOME), and Cat in a dogs world (MEW) were notable for […]
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Bitcoin price springs 5% to K as US jobs data boosts rate cut bets

Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

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