The biggest memecoin on the Base blockchain is working its way through the ranks, flipping Dogecoin (DOGE) rival BONK in terms of market cap early on Monday. BRETT, a memecoin meant to accompany the frog-themed altcoin Pepe, is up 426% in the last 30 days at time of writing, trading at $0.18. Pepe was originally […]
The post Memecoin on Coinbase’s Base Chain Flips Solana’s BONK After Explosive 426% Rally appeared first on The Daily Hodl.
Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group of tokens has witnessed persistent success regardless of the current market backdrop: memecoins. Known […]Wintermute CEO Evgeny Gaevoy discusses the ideological split in Ethereum's leadership that could jeopardize its future success.
The post Wintermute CEO questions Ethereum’s leadership paradox amid celebrity memecoin controversy appeared first on Crypto Briefing.
Wrestling legend Hulk Hogan says that posts made to his account promoting the Solana (SOL)-based memecoin HULK yesterday were not from him. HULK investors are reeling today after the celebrity memecoin based on Hulk Hogan’s likeness pumped to an over $17 million market cap yesterday before crashing to its current market cap of roughly $8,000, […]
The post HULK Celebrity Memecoin Pumps and Dumps in Alleged Rug Pull As Hulk Hogan Claims His Accounts Were Hacked appeared first on The Daily Hodl.
Vitalik Buterin criticizes celebrity memecoin trend, outlines criteria for respectable projects that provide value to society and engage participants beyond trading.
The post Vitalik Buterin critiques celebrity memecoin trend, outlines criteria for respectable projects appeared first on Crypto Briefing.
The trading platform is reportedly concerned that the veteran meme stock trader could use his influence to pump his own GameStop holdings.
Online brokerage platform E*Trade is reportedly considering removing GameStop (GME) meme stock trader Keith Gill, known as “Roaring Kitty,” off its platform over concerns of potential stock manipulation.
Before Gill suddenly returned to X last month — which sent shares in GameStop surging — he bought a large volume of GME options on E*Trade. Some of these expired that week and likely netted him a profit, The Wall Street Journal reported on June 3, citing people familiar with the matter.
The firm and its owner, Morgan Stanley, are concerned Gill can use his influence to pump GME for his benefit and are debating whether recent posts on X and Reddit could be considered manipulation, the sources said.
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins.
The past week in decentralized finance (DeFi) land saw another memecoin frenzy, with celebrities launching their own memecoins — quite a trend shift from 2021–2022 when they launched their own nonfungible tokens (NFTs). Among all the meme hysteria, pop star Iggy Azalea devised a “burning” plan to evade frauds and rug pulls.
In other news, a trader who lost 1,807 liquid-staked Ether (ETH) worth $6.91 million appears to have received a large share of the stolen funds back from scammers. A new report from Immunefi revealed that crypto losses linked to hacks and frauds declined by 12% year-over-year in May.
The top 100 DeFi tokens had a mixed week as price momentum remained sideways where most tokens traded in green and the total value locked in DeFi contracts remained above $100 billion.
A popular crypto strategist thinks that two scorching-hot memecoins are racing toward fresh all-time highs. Pseudonymous analyst Bluntz tells his 260,500 followers on the social media platform X that Pepe (PEPE) has more gas left in the tank even after its more than 140% surge this month. The top trader shares a chart suggesting that […]
The post Top Analyst Predicts New All-Time Highs for Two Surging Memecoins, Updates Forecast on Ethereum appeared first on The Daily Hodl.
A cat video filmed 20 years ago by former YouTube chief technology officer Steve Chen is now the basis for a memecoin with a market capitalization of more than $20 million.
Steve Chen, co-founder and former chief technology officer of video-sharing platform YouTube, has been supporting a memecoin project based on one of the first cat videos uploaded to the website in 2005.
Speaking to Cointelegraph from Taiwan on May 27, Chen, who has an estimated net worth of more than $1 billion, said he had been devoting 80 to 100 hours a week to backing the memecoin Pajamas (PAJAMAS). Based on Chen’s “first-ever cat video uploaded to YouTube” in 2005, the project is available on the Solana blockchain.
“This is my cat, Pajamas, playing and dancing to the tune of Nick Drake,” said the video description, uploaded to YouTube on May 22, 2005.
A trader known for making timely crypto market calls thinks that one surging memecoin is poised to more than double its valuation. Early last week, pseudonymous analyst Hsaka told his 554,600 followers on the social media platform X that he believes frog-themed memecoin Pepe (PEPE) will soar in market cap en route to dethroning its […]
The post Trader Predicts One Red-Hot Memecoin Dethroning Shiba Inu and Becoming 13th-Largest Crypto by Market Cap appeared first on The Daily Hodl.
