News with the tag "Solana memecoin"

Solana memecoin frenzy that once fueled its growth fades into the background. Data from DeFiLlama reveals that Solana’s weekly network revenue has plunged from a record $55.3 million in mid-January to just $4 million—marking a staggering 93% decline. The blockchain’s decentralized application (DApp)...

The Solana-based memecoin Launchpad Pump.fun’s X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises. Related Reading: Red Monday, Green Week? Bitcoin Needs ...

Amid the market retrace, Solana (SOL) saw a massive correction that dragged its price to a five-month low. If SOL fails to reclaim its key support levels, some market watchers predict the altcoin risks further bleeding. Related Reading: Red Monday, Green Week? Bitcoin Needs To Reclaim This Level For...

The frenzy around Solana-based memecoin launches appears to be losing steam, with daily launches nearly halving in the past month. According to Solscan data , the number of new tokens created on Solana fell to 49,779 on February 19, a stark drop from the all-time high of 95,578 recorded on January 2...

The ongoing LIBRA token scandal has taken the crypto industry by storm, sparking several debates regarding user protection, the market’s state, and bad actors taking advantage of the cycle’s memecoin frenzy. Pump.fun’s founder joined the discussion and urged token launchpads to work on practices to ...

Amid the Libra token controversy, Internet investigator Coffeezilla interviewed one of the people behind the Viva La Libertad project to discuss its disastrous launch and collapse, Argentina President Javier Milei’s involvement, and the “scam” allegations against the project. Libra Creator Admits Sn...

Solana (SOL) recently lost its key support zone amid the controversial Libra (LIBRA) token launch and crash. The cryptocurrency has dropped over 12% in the last three days and some analysts suggest it risks a deeper correction to monthly lows. Related Reading: Cardano Price Eyes Impulse Move After B...

Binance founder Changpeng Zhao, also known as “CZ,” has taken the crypto market by storm after sharing his dog’s name and picture. The announcement sparked the launch of multiple tokens inspired by the pet and was further fueled by BNB Chain’s memecoin launchpad’s name-guessing contest. Related Read...

Internet personality Hailey Welch, also known as “Hawk Tuah” girl, recently addressed the HAWK memecoin scam after two months. The influencer finally “woke up” after going “to sleep” following the crash of her token, which left most crypto investors empty-handed. ‘Hawk Tuah’ Girl Finally Wakes Up On...

Memecoins have been the leading narrative of the cycle after surpassing all expectations and becoming the top-performing sector of 2024. As we navigate 2025’s crypto market, emerging sectors like Artificial Intelligence (AI) agents could rival memecoins’ narrative mindshare. Related Reading: Solana ...