The near 1900% surge in phishing scams on Base since January comes amid an explosion in total value locked on the Ethereum layer 2 chain.
DOGE, the internet’s favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical indicators, suggesting a potential price explosion on the horizon. Related Reading: Will Bitcoin Burst? Demand Outpaces Supply, Liquidity Crisis A Threat Data from Coinglass reveals a record high of over $2 billion […]
Ethereum co-founder Vitalik Buterin recently articulated a reflective and forward-looking perspective on the evolution of memecoins within the crypto ecosystem. Memecoins, initially popularized by Dogecoin and later by a plethora of imitators, have been a subject of much debate and scrutiny for their volatile nature and, at times, controversial impacts. Buterin’s latest blog post delved […]
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Members of the Solana community and the crypto ecosystem denounced the recent surge in inflammatory memecoins on March 22. Unknown parties recently took advantage of Solana’s token creation feature to introduce thousands of memecoins with racist and antisemitic terminology in their names, some tokens also contained anti-China descriptions and other broadly offensive material. Solana founder […]
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The Commodities and Futures Trading Commission (CFTC) has approved Coinbase Derivatives Exchange’s application to list futures contracts tied to Dogecoin (DOGE), Bitcoin Cash (BCH), and Litecoin (LTC). According to the filing, the listings will go live and begin trading on or after April 1, 2024. The CFTC’s website indicates that all three contracts were certified on […]
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There’s a misguided belief that memecoins are helping people out of poverty that I believe is really damaging to the space. More so, I think chains like Solana and Avalanche, which are seeing increased attention due to memecoin fervor, are incredibly overheated. Essentially, memecoin volumes are vanity metrics akin to likes and followers on social […]
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Memecoins soared past $55 billion in market cap, up 11% as traders doubled down on SHIB, WIF, BONK, and newcomer CORGIAI
Crypto traders and several metrics suggest that an altcoin season is about to begin.
One memecoin investor says an initial investment of $260 ballooned into $423,000 in just three days by purchasing a token called Jeo Boden, a humorous depiction of U.S. president Joe Biden.