Pepe, Floki, Others Record 3,000% Surge in Weekly Volume
Trending memecoins, including Pepe, Floki, Bonk, and others, have experienced a tremendous rally over the past week due to the memecoin fervor. The price and trading volume of memecoins has increased by more than 500% and nearly 3,000%, respectively. Santiment-disclosed data indicates that the average volume of Pepe, Floki (FLOKI), Shiba Inu, and Bonk (BONK) […]
Shiba Inu Weekly Burn Surges 160% with 102 Million SHIB Burned
Shiba Inu, a meme coin, reported a huge increase in its weekly burn rate. However, the token’s current price behavior is in stark contrast. On Saturday, the meme coin Shiba Inu, a well-known cryptocurrency that operates on the Ethereum blockchain, generated a tidal wave of speculative activity throughout the broader crypto market due to a substantial […]
Avalanche Releases Eligibility Criteria for $100M Memecoin Fund
Avalanche-based memecoins vying for a portion of a $100 million fund must have existed for at least one month. The Avalanche Foundation recently broadened the fund’s scope to include what it refers to as “community coins.” The Avalanche Foundation unveiled a variety of adaptable criteria for selecting memecoins to invest in its $100 million “Culture […]
Solana MEV Bot Gains $1.7M Profit From Single Memecoin Trade
The maximum extractable value (MEV) bot, which operates on Solana, amassed an astounding $1.7 million from a single dubious transaction involving a trader who acquired memecoin Dogwifhat (WIF) for $9 million “in the most inefficient way possible.” According to Solscan data, the maximum extractable value (MEV) bot, which was operated by 2fast, exchanged 703 Solana […]
Binance Labs Invests in Memecoin, Token Pumps
In a significant move, Binance Labs, the venture capital arm of Binance, has invested in Memecoin (MEME), the native token of Memeland – a Web3 venture studio spawned. Binance Labs has invested Memeland, a startup that aims to create and invest in the social economy using its naïve ecosystem currency. The investment’s size is kept […]