‘Digital Slop:’ Solana CEO’s Brutal Take on NFTs and Meme Coins Sparks Outrage

2025-07-28 20:02:55

Description

Solana Labs CEO Anatoly Yakovenko is once again at the center of a heated debate. This time for branding meme coins and NFTs as “digital slop” in a public back-and-forth with Base creator Jesse Pollak. The discussion, which unfolded on X over the weekend, revolved around the perceived value of meme coins and NFTs. Clash Over NFT, Meme Coins Value Yakovenko maintained his stance that these assets hold no intrinsic value and compared them to loot boxes found in free-to-play mobile games. His tweet...

>> go to origin page

$SOL

$183.56

-4.53%

$IP

$5.643

-0.69%

Crypto Potato

cryptopotato.com

Latest News

Market Watch: Bitcoin Steady at $119K as Altcoins Pull Back2025-07-29 09:15:00
Attention Pi Network Users: Important Messages You Need to See2025-07-29 09:00:13
Ethereum ETFs Just Bought 7x More ETH Than Was Issued on ‘Slow Day’2025-07-29 08:18:18
Stellar (XLM) at Risk of a Major Crash After Losing Key 10-Day Support2025-07-29 08:16:24
Before You Buy the XRP Dip, Watch for This Key Trigger (Analyst)2025-07-29 04:58:48

Pudgy Penguins Deny OpenSea Acquisition Rumors, Focus on Brand Partnerships and NFT Market Growth

14:22 27-07-2025 （2 days ago）

Pudgy Penguins has formally dismissed recent rumors regarding a potential acquisition of NFT marketplace OpenSea. The project emphasized its strategy remains centered on ecosystem expansion through brand partnerships and organic growth opportunities with entities like Lufthansa and NASCAR. The IP-driven project highlighted its ongoing collaborations with major global brands as the primary route to boost its visibility and utility. These...

Michael Saylor’s Strategy Holds $72 Billion in Bitcoin, Reflecting Massive Gains

13:48 28-07-2025 （21 hours ago）

Michael Saylor's software intelligence firm, Strategy, maintains a colossal Bitcoin reserve of 607,770 coins. This significant stash is currently valued at approximately $72.2 billion, representing nearly 63% of Strategy's total market capitalization, which stands at $115 billion. The firm entered its Bitcoin positions at an average price of $7,176 per coin. This strategy has resulted in an unrealized portfolio gain...

Letsbonk Dominates Solana Token Launch Market with Over 83% Share

05:35 29-07-2025 （5 hours ago）

Letsbonk has established a commanding lead in the Solana token issuance platform sector, securing an 83.5% market share according to data from Jupiter’s dashboard. This positions Letsbonk significantly ahead of its nearest competitor, pump.fun, which holds a 7.94% share. Jup Studio follows in third place with a 2.69% market share. Industry analysts attribute Letsbonk's market leadership to its user-friendly interface,...

Liminatus Pharma Launches $500M BNB-Focused Digital Asset Fund Through New Subsidiary

12:22 28-07-2025 （22 hours ago）

Liminatus Pharma has established American BNB Strategy, a new subsidiary dedicated to managing a $500 million digital asset fund concentrated on BNB tokens. This strategic move marks the biotechnology firm's formal entry into the cryptocurrency sector while maintaining its core focus on biotech innovation. The initiative aims to generate long-term growth and enhance shareholder value through targeted investments in BNB...

Hyper Trader Seals $1.58 Million Profit Exiting Ethereum Long Positions

07:16 28-07-2025 （1 day ago）

A leading trader on the Hyper trading platform has liquidated all Ethereum (ETH) long positions, realizing a $1.58 million profit. This decisive move exemplifies expert market timing and strategic trading execution amid shifting cryptocurrency conditions. Market data indicating reduced momentum for Ethereum influenced the trader's decision to exit positions. The closure highlights real-time responsiveness to technical signals and price trends...

Dogecoin Sees Rising Futures Activity Despite Price Dip, Eyes $0.46 Breakout

15:12 28-07-2025 （19 hours ago）

Dogecoin recorded diverging market signals last week as increasing derivatives activity contrasted with a double-digit price decline. The memecoin's value fell 10.75% during the seven-day period but futures open interest unexpectedly climbed 5.98% to 18.15 billion DOGE ($4.38 billion). Concurrently, DOGE trading volume surged 62.12% to $2.49 billion, indicating intensified market participation during the correction. Analysts interpret this unusual combination...

Ray Dalio Advises 15% Portfolio Allocation to Gold and Bitcoin as Economic Hedge

15:38 28-07-2025 （19 hours ago）

Investor Ray Dalio recommends investors allocate 15% of their portfolios to a combination of gold and Bitcoin as a protective measure against escalating risks linked to increasing government debts and potential market downturns. Dalio's caution stems from his analysis of mounting U.S. government debt levels and expanded money creation strategies pursued by the Federal Reserve. He contends these factors introduce...

US-Europe Trade Deal Sets 15% Tariffs, $600B Investment to Boost Economic Growth

23:32 27-07-2025 （1 day ago）

The United States and Europe have finalized a significant trade agreement featuring a 15% tariff rate on selected goods exchanged between the regions. This pact also includes a pledged $600 billion investment aimed at revitalizing US infrastructure and advancing domestic technology sectors. The substantial investment is expected to drive job creation, enhance supply chain resilience, and foster innovation within the...

Bitcoin Consolidates at $117,000 Backed by Strong Support Zone of 73,000 BTC Holdings

11:57 28-07-2025 （23 hours ago）

Bitcoin demonstrates notable price stability near the $117,000 threshold, buoyed by significant accumulation patterns identified through on-chain analysis. Current data reveals over 73,000 BTC were acquired within this price range, establishing a concrete support foundation. the support concentration between $117,259 and $117,468 functions as a robust market floor. Cost-basis mapping indicates these holdings represent genuine long-term investment activity rather than...

Technical Indicators Signal Potential Dogecoin Surge Toward $0.418

17:51 28-07-2025 （17 hours ago）

Technical analysis indicates Dogecoin may be poised for significant upside movement following the formation of a double bottom reversal pattern. This bullish chart formation currently projects a price target near $0.418, representing substantial growth potential from current levels. Supporting this outlook, traders have identified hidden bullish divergence on Dogecoin's daily chart alongside the Relative Strength Index exiting overbought territory. These...

Shiba Inu Shows Market Resilience Amidst Dramatic Whale Exodus With 352% Netflow Decline

11:38 27-07-2025 （2 days ago）

Shiba Inu's market demonstrated unexpected stability as large-scale holders executed rapid outflows, causing netflow to plummet by 352%. Despite this substantial movement from whales, SHIB's price maintained its position near $0.0001400, highlighting the token's growing resilience. Detailed blockchain analysis reveals whales significantly reduced SHIB holdings across a three-day period, marking a reversal from previous accumulation phases. This abrupt shift triggered...

Analysts Predict Bitcoin Surge to $150K on Institutional Adoption Wave

15:11 28-07-2025 （19 hours ago）

Financial experts project Bitcoin could surpass $150,000 by early 2025 and potentially hit $185,000 by year-end as institutional capital reshapes market dynamics. This forecast, spearheaded by analysts including Galaxy Digital's Alex Thorn, signals a fundamental shift away from Bitcoin’s historical volatility toward greater stability driven by professional investment. Exchange-Traded Products (ETPs) have channeled over $36 billion into Bitcoin markets since...