Everything web3, crypto, defi, degen
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 Dogecoin, the eighth biggest cryptocurrency by market value, has gained more over the past week than any of the other top 20 coins and tokens. Grayscale analyst Zach Pandle attributes the gains to investors’ renewed appetite for risk. Investors are now looking at altcoins following major July gains from Bitcoin and Ethereum, experts…
In brief Ethereum, Dogecoin, and XRP prices are pumping, with technical indicators mostly flashing bullish for each coin. The surge in altcoins has led to the crypto market surging above a record-breaking $4 trillion. Where do altcoins go from here? Here’s what the charts say. For crypto traders, it’s been a good week to be…
In brief Bitcoin mining infrastructure firm Bit Origin acquired around $10 million in Dogecoin (DOGE). The firm announced a raise of up to $500 million last week to fund its meme coin treasury. Bit Origin shares are up 386% from their July starting point. Publicly traded Bitcoin mining infrastructure firm Bit Origin purchased around $10…
In brief PENGU has jumped 26.7% over the past 24 hours, as its associated NFT collection, Pudgy Penguins, has seen its floor price also climb double digits. It comes following an unknown user sweeping 45 CryptoPunks, which has sparked interest in NFTs. As a result, major collections like Bored Ape Yacht Club, Moonbirds, and Azuki…
In brief Solana will outperform Ethereum this year, despite recent shifts in momentum, according to 21Shares’ Adrian Fritz. Ethereum’s ecosystem may be more mature, but Solana showed promise with a burst of activity related to meme coins in January, he said. Ethereum will crack its 2021 record price, but Solana will still outperform, he said.…
In brief Pat McFadden, Labour MP and ally of Keir Starmer, said that the UK should consider banning crypto political donations. It came two months after Reform UK announced it would accept crypto donations, the first to do so in the nation. Ian Taylor, board advisor for digital asset advocacy group Crypto UK, said McFadden’s…
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…
In brief Publicly traded Bitcoin mining firm Bit Origin is building a Dogecoin (DOGE) treasury. The firm announced plans to raise up to $500 million to buy DOGE. Shares of BTOG popped rose by 90% on the day. Publicly traded firm Bit Origin, which is focused on Bitcoin mining infrastructure and investments, is raising $500…
In brief Jarett Dunn is being held in a London prison on remand after breaking his bail conditions. The former Pump.fun senior developer drained $2 million from the Solana meme coin factory last year. He admitted to the crime and pleaded guilty, but is now seeking to withdraw his plea. Since the attack, Pump.fun has…
