The total market capitalization of the crypto sector is down by over 10% in the past 24 hours. TL;DR Trump-themed memes followed the broader decline of the cryptocurrency sector, tanking by double digits. Official Trump has slipped below $12.50, but some analysts believe a resurgence could be on the horizon....
Why Meme Coins Represent Archetypes of the Collective Unconscious: CryptoQuant CEO
Over time, Ju has viewed meme coins through several lenses, including that of art markets. Now, he believes they are archetypes of the collective unconscious. The meme coin sector is growing rapidly, with thousands of tokens released daily. While many market experts have bashed the industry and its inherent lack...
Meme Coin Meltdown: Crypto Community Turns Against Speculative Tokens
The crypto community is slowly turning against meme coins following high-profile scandals and scams involving some of these ersatz tokens. As highly speculative meme coins continue their inevitable plunge, crypto executives and analysts have been throwing their thoughts into the arena, and they are not very complimentary. “Some meme coins...
Helius Labs CEO Defends Solana Amid Criticism Over Meme Coin Frenzy
Solana’s defenders highlight its tech and innovation, arguing meme coin chaos doesn’t define the chain’s potential or progress The Solana blockchain has come under fire, with critics calling it a breeding ground for speculative assets. However, Helius Labs CEO Mert Mumtaz argues that the chain is being unfairly blamed for...
Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour
Portnoy called meme coins a "greed-driven ecosystem," launching $GREED as a social experiment before selling his holdings. Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more...
CZ to Donate BNB And Other Tokens to TST And Broccoli Victims
CZ donated $100,000 in BNB to LIBRA victims, and crypto users have sent him much more than he contributed; however, he is keeping none of the tokens. Changpeng Zhao, founder and former CEO of the world’s largest crypto exchange, Binance, has decided to donate tokens he received from anonymous market...
Tron’s SunPump Transactions Spike as Meme Coin Activity Gains Momentum
SunPump transaction spikes could precede volatility, despite indicating strong market activity. 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...
Pump.fun Faces Class Action Over Alleged Securities Law Breaches
Plaintiff Diego Aguilar alleges financial losses from meme coins FWOG, FRED, and GRIFFAIN, promoted with promises of exponential returns. 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...
Pump.fun User Mints 18,000 Meme Coins, Earns $3.76M
Despite abandoning most of their 18K meme coins, this Pump.fun user achieved a 55.57% win rate, netting $3.76 million. 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...
CryptoQuant CEO Highlights Similarities Between Meme Coins and Art Markets
Ju says the value of memecoins is determined through narrative, just like collectors do in the art market. 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...
