Everything web3, crypto, defi, degen
In brief Pump.fun’s PUMP token has crashed more than 60% since its launch, following a $600 million iCO. The meme coin launchpad’s co-founder has said there’s no airdrop coming any time soon, which only intensified the sell pressure. What do the charts say? It’s not looking good. The crypto market’s risk-on sentiment has done little…
In brief The meme coin market is down over the past 24 hours, with most major meme coins dropping in value. It comes after Alon Cohen, co-founder of Pump.fun, confirmed that the hotly anticipated PUMP airdrop won’t be coming in the “immediate future.” Pump.fun-created tokens GOAT, Moo Deng, and Peanut the Squirrel are amongst the…
In brief The PUMP token has dropped 45% from its all-time high, and is now trading lower than its initial coin offering valuation. Pump.fun raised $600 million in 12 minutes earlier this month, selling its token for $0.004. It comes as users appear to be growing frustrated over the lack of airdrop details, while a…
In brief Pump.fun boasts some of the most impressive numbers in the entire crypto industry, growing faster than any crypto app before it. It recently raised $600 million in an ICO, but it’s PUMP token is now close to falling below its ICO price. As competitors rise and Pump.fun’s revenue slows, can the Solana meme…
In brief Bitcoin’s dominance is creeping down, but it’s too early to tell if it’ll become a trend, 21Shares’ Adrian Fritz said. At $2.3 trillion, Bitcoin’s dominance stood at around 61% on Friday. CoinMarketCap’s Altcoin Season Index stood at 43, leaning toward Bitcoin. Bitcoin’s grip on the $4 trillion cryptocurrency market may be loosening, but…
In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun’s livestreaming feature has seen meme coin creators performing stunts on…
Pump.fun’s recent token sale has reignited debate around the sustainability of Solana’s meme launchpad model, according to a July 16 report by Alea Research titled “PumpFun: Asymmetric Upside or The Final Extraction.”The report explores whether the PUMP token offers asymmetric upside tied to Pump.fun’s revenue engine or reflects an extractive pivot during a waning memecoin…
In brief XRP and Dogecoin are leading altcoin rallies, with XRP up over 43% in a week, fueled by speculative capital. The U.S. House of Representatives passed three key crypto bills, advancing the Trump administration’s pro-crypto policy agenda. Analyst notes macroeconomic factors, including government spending and inflation fears, prompting investors towards crypto. Crypto prices have…
🏁 Start your engines and fire up your favorite memecoin! Kraken is putting you in the driver’s seat of a legendary crypto competition! This July, memecoins go wheel-to-wheel in a high-octane, no-holds-barred trading race where only one token will cross the finish line… straight onto the rear wing of the Atlassian Williams Racing FW47 car…
Here’s some more information about the tokens: Bonk (BONK) is a cryptocurrency that launched on Christmas Day 2022 as a free airdrop to the Solana blockchain community. It has gained popularity in the Web3 space and operates on the Solana blockchain as a cryptocurrency that emphasizes community involvement and decentralized finance principles. Bittensor (TAO) is…
