A popular crypto strategist believes that memecoins will have their day under the sun after getting crushed over the last few months. Pseudonymous trader Altcoin Sherpa tells his 244,300 followers on the social media platform X that he expects meme tokens to eventually take center stage, highlighting that the crypto sector relies on trader attention. […]
The post Crypto Trader Sees Memecoin Resurgence After Sector Got ‘Smashed’ – Here Are His Top Picks appeared first on The Daily Hodl.
Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun’s staked ETH will yield $3 million worth of Ethereum per year in passive income. In addition to staking ETH, Sun also teased that Tron’s native asset, TRX, would soon be available […]
The post Justin Sun Stakes $100,000,000 Worth of Ethereum Amid Calls for ‘Tron Meme Season’ appeared first on The Daily Hodl.
The founder and CEO of the investment management firm ARK Invest is warning the public of the risks of trading memecoins. In a new interview on Bloomberg Crypto, Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) did an important thing in declaring that memecoins are not securities. “What they essentially were saying […]
The post Cathie Wood Issues Memecoin Warning, Says ‘Millions’ Will End Up Being ‘Worthless’ appeared first on The Daily Hodl.
The original dog-themed memecoin is showing signs of a bullish reversal, says leading crypto analytics platform Santiment. According to Santiment, Dogecoin (DOGE) is “signaling a potential turning point once crypto markets stabilize” as the number of wallets increases. “Dogecoin, like most meme coins, has been hammered during the two-month crypto-wide retrace. However, we recommend keeping […]
The post Leading Shiba Inu Rival Flashing Bullish Signals Hinting at Price Reversal, According to Santiment appeared first on The Daily Hodl.
Crypto billionaire Mike Novogratz isn’t a fan of the controversial Trump memecoin. While speaking at Bitcoin Investor Week on Monday, Novogratz argued that the Trump Administration is “categorically good” for the crypto sector. However, he also bemoaned the impact of Official Trump (TRUMP), which launched in January, days before Donald Trump’s presidential inauguration. “Sometimes you […]
The post Billionaire Mike Novogratz Says President Trump’s Memecoin Launch Felt a ‘Little Foolish’ appeared first on The Daily Hodl.
A man linked to the launch of two collapsed memecoins has reportedly gone ahead with another project despite a potential Interpol Red Notice with his name on it. Blockchain analytics firm Bubblemaps reports that Hayden Davis was involved in launching WOLF, a coin inspired by the Wolf of Wall Street, the hit film based on […]
The post Memecoin Insider Creates Wolf of Wall Street-Inspired Coin Despite Potential Interpol Warrant: Report appeared first on The Daily Hodl.
Authorities in Argentina are reportedly looking to initiate the arrest of Hayden Davis, who was allegedly involved in pump-and-dump schemes for at least two memecoins. An Argentinian prosecutor has filed a request with a judge to issue an Interpol “Red Notice” – or an international arrest warrant – for Davis because of his involvement with […]
The post Argentina Wants LIBRA Co-Creator and MELANIA Insider Hayden Davis Arrested: Report appeared first on The Daily Hodl.
A new report from crypto data aggregator CoinGecko suggests that the memecoin craze has peaked with the launch of the Official Trump (TRUMP) and Melania (MELANIA) digital assets. CoinGecko says that the memecoin sector has significantly declined after President Donald Trump and his wife, First Lady Melania Trump, launched their respective memecoins in mid-January and […]
The post Launch of TRUMP and MELANIA Marked the Memecoin Top, According to CoinGecko appeared first on The Daily Hodl.
The top US securities regulator is officially announcing that memecoins do not fall under its purview, comparing the burgeoning crypto sector to “non-functional” collector’s items. In a new statement, the U.S. Securities and Exchange Commission (SEC) is declaring that memecoins are officially not securities. As defined by the SEC’s statement, “A ‘meme coin’ is a […]
The post SEC Likens Memecoins to Collectibles With ‘No Use’, Declares Meme Assets Are Not Securities appeared first on The Daily Hodl.
A freshman California Democrat congress member is proposing legislation to prevent lawmakers from profiting off meme assets. According to reports from ABC and AP News, Representative Sam Liccardo (D-CA) is introducing the Modern Emoluments and Malfeasance Enforcement (MEME) Act to prevent lawmakers from capitalizing on memecoins. The bill appears aimed at Donald Trump, who has […]
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