Everything web3, crypto, defi, degen
In brief First Lady Melania Trump shared a post from her official meme coin page, boosting the price of her official Solana meme coin. The token is now trading above $0.18—still nearly 99% off its all-time high of $13.05. Controversy has surrounded the MELANIA token, which was launched by the same strategist who worked on…
In brief Tron founder Justin Sun unveiled a Hyperliquid competitor Among other features, it will feature “dark pools.” The exchange is named after a mythological character. As Hyperliquid and Aster jockey for DeFi supremacy, Tron founder Justin Sun unveiled his own decentralized perpetual contracts exchange on Wednesday called SunPerp.The platform is designed to subsidize users’…
In brief Addicted is a Solana-based cannabis farming simulator that pays users in WEED tokens. Players have taken to social media to brag about their crypto earnings as the price of WEED surges. However, the play-to-earn format has drawn claims that Addicted is a “Ponzi game.” Addicted, a Solana-powered cannabis farming simulator described as “unhinged”…
In brief Gabriel Haines often posts shirtless rants about crypto on X. He has raised money to film a pilot for a dark comedy based on industry happenings. The protagonist of “The Max Extractor” is loosely inspired by Libra co-creator, Hayden Davis. When a meme coin crisis befell Argentine President Javier Milei in February, Gabriel…
In brief The crypto market is poised to close in the green for September as Bitcoin rallies above $114k. Altcoins like ADA and DOGE, though, aren’t faring nearly as well. Technical indicators and prediction market data diverge on the near and long-term market view. The crypto market is nursing another day of modest losses—but they’re…
In brief Dogecoin miner DogeHash Technologies secured a $2.5 million loan to bolster its mining fleet and efficiency. The loan was provided by publicly traded Thumzup Media who is set to acquire DogeHash Technologies. Shares of TZUP are up 2.4% on the day as Dogecoin has slipped 1%. Publicly traded crypto treasury firm Thumzup Media…
In brief Core v30 raises the OP_RETURN limit, letting transactions carry far larger amounts of non-payment data like messages, proofs, or files. Critics say the change risks abuse and legal exposure, while supporters argue it provides a cleaner, safer way to handle data. Figures including Adam Back and Jameson Lopp have flagged the idea spans…
In brief Stablecoin network Plasma has meme coins now after entering “mainnet beta” last week. The Trillions token hit a $60 million market cap on Sunday, before falling sharply. It references a meme at the foundation of the Plasma thesis, predicting the total stablecoin market cap to be in the trillions of dollars. A meme…
In brief The meme coin trenches have seen a drop in trading volume with the rise of perpetual futures decentralized exchanges, such as Aster. Data shows grass roots meme coins hitting a six-month low, while perp DEXs spike in volume. However, seasoned veterans aren’t too concerned as they believe that meme coins are “cyclical” and…
With Dogecoin making a comeback late last year and early into 2025, some may be pondering: Where did the asset come from? What’s it for? And what’s Tesla CEO Elon Musk got to do with it? The original meme coin’s boom largely has the world’s richest man to thank. Musk’s obsession with shitposting helped boost the…
