Solana Memecoin Graveyard: Majority Of June Launches Collapse
In June this year, the Solana blockchain emerged as a hub for people who liked joke currencies. It was a busy month for everyone. The ecosystem now has 30 celebrity-themed tokens that reflect famous people from different fields, such as social media influencers, singers, and reality TV stars. Even though these launches got a lot […]
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In a shocking revelation that has stirred the crypto market, the Solana-based memecoin named DJT, initially marketed as a project backed by Donald Trump’s youngest son Barron, has been exposed as a fraudulent scheme. The orchestrator behind this scam is none other than Martin Shkreli, a controversial figure previously known for his provocative maneuvers in […]
This week, the dog-themed sensation Dogwifhat (WIF) has recovered from its drop below the $2 support zone. The Solana-based memecoin flipped Ethereum’s Layer-2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, a crypto analyst has warned investors of a possible retrace for WIF. Related Reading: Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst WIF Puts Its Hat Back On Dogwifhat became the memecoin sensation of 2024’s first quarter (Q1), giving returns of over 2,000% earlier this year. The Solana token reached an all-time high....
The Solana-based memecoin Popcat (POPCAT) has been making the headlines for the past week after becoming the first cat-themed token to reach a $1 billion market cap. The token has surged over 230% in the past month, which propelled the token to a new all-time high (ATH). However, a crypto analyst has warned investors of a possible correction for the feline sensation. Related Reading: PolitiFi Memecoin Shakeout: BODEN Plummets 55% While KAMA Skyrockets 150% Following Biden Dropout POPCAT Leads The Clowder This month, Popcat has registered a remarkable performance. The token began climbing....
In the fast-paced world of cryptocurrency, new tokens emerge regularly, each with the potential to disrupt the market and deliver staggering returns. Among the most talked-about tokens recently is Mpeppe (MPEPE), a memecoin that is quickly becoming the talk of the town, especially among investors who are traditionally more aligned with Ethereum (ETH) and Solana (SOL). With the rapid adoption of Mpeppe and its promising trajectory, Solana investors, in particular, are going wild over its potential. The Solana vs. Ethereum Debate: Why Mpeppe Is Gaining Traction Solana (SOL) and Ethereum....
Memecoins have been one of the largest narratives of this bull run, with Solana-based ones leading the frenzy. The massive popularity led to the creation of platforms that facilitated the creation of these tokens. After the success of Solana’s Pump.fun, Justin Sun introduced the first memecoin launcher to the Tron Blockchain. Related Reading: Crypto Payments […]