SecondLane Lists Pump.fun Equity Stake at $1.5B Valuation
The private market site reports that Pump.fun has $15 million equity up for grabs. SecondLane has listed an equity interest in the memecoin protocol Pump.fun with a fully diluted valuation (FDV) of $1.5 billion. The private markets trading platform priced the 1% equity stake in Pump.fun at $15 million, making it available on SecondLane’s web app and […]
MetaMask Co-founder: Memecoins Highlight Web3 & AI Consent Issues
MetaMask co-founder Dan Finlay’s memecoin experiment shows Web3’s consent, trust, and investor expectations. Dan Finlay, co-founder of the crypto wallet platform MetaMask, recently conducted an experiment with memecoins to explore issues surrounding consent and trust in the Web3 ecosystem. Finlay minted two tokens — “Consent” on Ethereum and “I Don’t Consent” on Solana — and […]
Solana Memecoin Trader Makes $5.6M with CHILLGUY Token
After purchasing tokens associated with a viral internet meme, a Solana-based memecoin trader made $5.6M at the current market price from a $160 investment. A wallet made two purchases of the Just a chill guy (CHILLGUY) memecoin on Nov. 15, according to data from Solana’s blockchain explorer Solscan. The trader exchanged 9.6 million CHILLGUY tokens […]
Sky Launches USDS Stablecoin on Solana
Sky, formerly known as Maker, introduced USDS stablecoin on Solana, as the network’s “first major Defi-native stablecoin.” A Nov. 19 announcement states that USDS is the first step in Sky’s plan to “increase Solana’s DeFi liquidity and TVL” and is anticipated to improve lending, borrowing, and trading on the network’s top DeFi platforms. The decentralized […]
Emojicoin Goes Live on Aptos Blockchain
Aptos, the blockchain network backed by a16z, has seen its first pump.fun clone emerges as meme coin mania continues to thrive. Users may now launch, trade, and transfer emoji-tickered tokens on the Aptos blockchain thanks to Emojicoin, a new platform based on a Move-based blockchain. The platform’s developer, Econia Labs, stated in a blog post […]