Changpeng Zhao, founder and former CEO of the world’s largest crypto exchange, Binance, has decided to donate tokens he received from anonymous market participants to victims of the Test (TST) and Broccoli meme coin projects. The prominent crypto figure clarified that while he has decided to help victims of TST and Broccoli, his actions should...Read More
Crypto markets are down again today, with total capitalization having lost around 3% over the past 24 hours in a fall to $3.24 trillion. As usual, the brunt of the losses is from altcoins, which have continued to bleed for most of this month. Nevertheless, February has usually been a pivotal period for altcoins and...Read More
Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin. This development came after growing concerns over his involvement in the project. Chow Denies Involvement in Controversy Meow, the pseudonymous co-founder of Jupiter, a decentralized exchange...Read More
Alon Cohen, co-founder of popular meme coin creation platform Pump.fun, has condemned the controversy surrounding the Javier Milei-endorsed LIBRA token and called for reforms. The situation escalated as the Argentine President denied promoting the meme coin, despite his now-deleted post triggering its meteoric rise, while trader Hayden Davis admitted to holding $100 million from the...Read More
Solana (SOL) has been downtrending and retracing heavily over the past month. The asset has declined 40% since its Jan. 19 all-time high of $293, and the trend seems set to continue as meme coin mania fades. Moreover, SOL is down a further 8% on the day, falling below $170 for the first time since...Read More
After Argentine President Javier Milei endorsed the LIBRA meme coin launched on February 14, 2025, it has become the subject of investigations by experts due to a pump-dump scam. When insiders quickly sold off their shares, they withdrew $107 million, causing the coin’s value to crash and wiping out over $4 billion from its market...Read More
The rapid rise and collapse of the LIBRA meme coin have fueled suspicions of a rug pull, with blockchain data pointing to insider trading. Before the meltdown, several industry experts had warned about LIBRA’s tokenomics and raised concerns over its sustainability. Investigations now reveal ties between LIBRA’s creators and previous pump-and-dump schemes which suggests a...Read More
The team behind the MELANIA meme coin, which was recently launched by First Lady Melania Trump, will begin unlocking its allocated tokens on February 19 or 20. According to the project’s unlocking schedule, 3% of the total supply – equivalent to 30 million tokens worth approximately $39 million – will be released. MELANIA’s First Token...Read More
There has been a resurgence in transactions per token on the Tron-based platform for the launch and trading of meme coins, SunPump. The latest trend indicates a renewed interest in meme coins within the Tron network, as this controversial category has seen increasing adoption and even official acknowledgment from high-profile figures, including political leaders and...Read More
Changpeng Zhao, the founder and former CEO of Binance, has said he will consider a community suggestion to create a meme coin inspired by his pet dog. The idea emerged after a viral social media exchange in which users pushed him to reveal his dog’s name and picture. A Possible Change in Perspective The discussion...Read More
Once dismissed as gimmicks, meme coins are now backed by influential figures and even state-led initiatives. However, while adoption surges, regulatory oversight remains absent. The Regulatory Debate Continues According to the US Securities and Exchange Commission (SEC) Commissioner Hester Peirce, many of the meme coins in the market today do not come under the regulatory...Read More
Blockchain security firm SlowMist has identified a critical vulnerability in Four.Meme, a meme coin launchpad on Binance Smart Chain (BSC), where attackers could manipulate PancakeSwap v3 pools to exploit token launches. The vulnerability stemmed from the fact that Four.Meme does not implement price verification checks which allowed malicious users to create pools with deliberately skewed...Read More
“The crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano,” reported Santiment on Feb. 11. It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less...Read More
Pump.fun’s co-founder Alon Cohen has dismissed speculation about an upcoming PUMP token launch. The development comes as the platform is facing a potential class-action lawsuit for the alleged sale of unregistered securities. Token Launch Rumors Cohen addressed the rumors on X, stating, “Seeing rumors about a potential pump fun token – these are wrong.” He...Read More
Binance founder and former CEO Changpeng Zhao (CZ) has spoken to his followers on X following the listing of TST on the exchange on Sunday. He clarified that while he does not oppose meme coins, he has never personally invested in them. CZ Explains His Views on Meme Coins Addressing concerns about his views, CZ...Read More
The Central African Republic (CAR) recently introduced a national meme coin, CAR, announced by President Faustin-Archange Touadéra. The launch quickly gained attention, not only due to questions surrounding its authenticity but also because a trader reportedly made millions within hours by capitalizing on early market movements following the announcement. Skepticism Mounts Over CAR Meme Coin...Read More
The past few weeks have been unfavorable for Popcat (POPCAT), the popular Solana-based meme coin, but now, looking at the current price action, it seems the market sentiment is shifting. As of today, February 9, 2024, POPCAT is gaining significant attention from crypto enthusiasts and is poised for massive upside momentum. POPCAT’s 40% Rally POPCAT...Read More
A test meme coin (TST) created for a tutorial on the Four.Meme platform experienced an unexpected surge in value following a social media post by former Binance CEO Changpeng Zhao, popularly known as CZ. The token, originally intended as a demonstration asset on the BNB Chain, saw its market cap skyrocket as traders and influencers...Read More
Two law firms – Burwick Law and Wolf Popper LLP – have issued a cease-and-desist letter to the Solana-based meme coin creation platform PumpFun, demanding the immediate removal of the Dogshit2 token and other related coins deployed on the Solana blockchain that utilize unlicensed intellectual property from their firms. According to the law firms, PumpFun...Read More
Amid ongoing market uncertainty, Shiba Inu (SHIB), the popular and second-largest crypto meme coin, has gained attention from crypto enthusiasts and made a big move. Today, February 6, 2024, blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred 1.239 trillion SHIB tokens, worth $20.136 million, from the Kraken cryptocurrency...Read More
The crypto market is showing signs of recovery following a rollercoaster for a few days, and thoughts are turning to how high some of the more popular assets could go in the coming days and months. One analyst has suggested that the largest meme coin by market cap, Dogecoin (DOGE), could shatter its current all-time...Read More
Both TRUMP and MELANIA have plunged significantly from their pre-inauguration frenzy. To top that, certain industry experts also expect the two meme coins to test regulators’ boundaries under President Trump. While intense scrutiny continues, newly revealed data estimates that Trump has made hundreds of millions from his own meme coin launch. Trump’s Crypto Windfall According...Read More
Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every token created through Pump.fun constitutes an unregistered security, from which the platform has profited nearly $500 million in fees. Alleged Securities Violations and Investor Losses...Read More
A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the individual launched an average of 12 coins per hour daily for several months. The Meme Coin Minting Machine The user, identified by the wallet 0x818a…aJa13N,...Read More
Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD tokens, Solana, and other crypto assets. Branstetter shared the news during an emergency livestream, expressing heartbreak while reassuring the community of his unwavering commitment to...Read More
Chris Dixon, founding partner at a16z Crypto, claims that misguided regulations fueled the meme coin explosion witnessed in 2024. The venture capitalist criticized the Biden administration’s approach to digital assets, arguing that its restrictive policies stifled real innovation and left the market with mostly speculative tokens. A Distorted Crypto Sector Speaking to prominent crypto journalist...Read More
Meme coins are considered inherently worthless and possibly without a future, but Ki Young Ju, the founder and CEO of the crypto analytics platform CryptoQuant, thinks otherwise. In fact, he has likened the fun sector to the art market, insisting that they have some similarities and could be viewed from the same lens. According to...Read More
Senator Elizabeth Warren, ranking member of the House Banking Committee, is asking federal agencies to investigate whether President Donald Trump’s recent launch of a meme coin violated ethical or regulatory standards. The Massachusetts lawmaker, alongside Representative Jake Auchincloss, directed the request to the heads of the U.S. Office of Government Ethics (OGE), the Treasury Department,...Read More
David Sacks has introduced a new perspective on non-fungible tokens (NFTs) and meme coins, describing them as a distinct class of digital assets. In an interview with Fox Business, the AI and crypto czar spoke on the growing complexity of classifying digital assets, categorizing the two as collectibles. Digital Asset Classification “When you talk about...Read More
The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing. How the Scam Unfolded According to various reports, the attackers took control of the Nasdaq account...Read More
