
Celebrity Memecoins on Solana: A Month of Hype and Decline
In June, 30 celebrity memecoins launched on Solana, but most have since lost significant value, with insiders profiting the most from these speculative tokens.
In June, 30 celebrity memecoins launched on Solana, but most have since lost significant value, with insiders profiting the most from these speculative tokens.
Raoul Pal, the founder and CEO of Real Vision and Global Macro Investor, has disclosed his biggest meme coin investments, with Whiff and Bonk being his two equally weighted top bets. He also holds Dogecoin and believes it could potentially become the next meme coin ETF.
Shiba Inu has raised $12 million by selling its unreleased TREAT token to non-U.S. venture capital investors, including Polygon Ventures, Mechanism Capital, and others, to develop a new privacy-focused Layer 3 blockchain built on its Shibarium Layer 2 blockchain.
Coinbase International Exchange has announced the launch of perpetual futures trading for the PEPE meme coin, set to commence on or after April 18, indicating a shift in the exchange’s stance towards listing the controversial token.
The cryptocurrency market has been engulfed in a wave of selling pressure over the past 24 hours, with most digital assets experiencing substantial price declines. This market-wide pullback was primarily driven by Bitcoin’s price crash, which saw the flagship cryptocurrency shed around $3,000 in value. As a result, altcoins, including the beloved meme coin Dogecoin…
Solana’s decentralized exchanges (DEXs) have witnessed a significant surge in trading volumes, outperforming competitors like Uniswap and PancakeSwap, fueled by the rise of meme coins like Slerf on the Solana network.
The meme cryptocurrency Dogecoin (DOGE) experienced a 14% spike following Elon Musk’s comments about potentially accepting DOGE as a payment method for Tesla vehicles.