Solana co-founder Anatoly Yakovenko has ignited industry discourse by publicly criticizing memecoins and NFTs proliferating on the network, labeling them ‘digital slop’ due to concerns about their intrinsic value and long-term sustainability. Yakovenko emphasized skepticism toward assets lacking foundational utility… Read More »Solana Co-Founder Labels Memecoins and NFTs as ‘Digital Slop’ Amid Growth Debate
The Solana-based memecoin BONK executed a burn of 500 billion tokens as part of its aggressive deflationary strategy aimed at reducing overall supply and facilitating price appreciation. The token burn is funded through a buyback program that allocates 1% of… Read More »BONK Implements 500B Token Burn Amid Deflationary Push, Eyes Profitability Threshold
Pump.fun’s imminent PUMP token aims for a $4 billion market valuation, leveraging its community-driven approach and strategic partnership with decentralized exchange PumpSwap. The token launch represents a bold entry into the cryptocurrency market, targeting accessibility for retail investors through affordable… Read More »Pump.fun Eyes $4B Valuation with PUMP Token Launch Amid Sustainability Concerns