Everything web3, crypto, defi, degen
In brief Leland King Fawcette says he fumbled a $36 million trade on the surging Troll meme coin. He originally bought $1,300 worth of the Solana token in August 2024 but sold it just hours later when it didn’t pump. At the time of his sale, Troll’s market cap was $9,360. Now, it is at…
In brief Bitcoin continues to trade flat on the day, as crypto markets take a breather. But with most coins barely moving, there’s one standout performer: Pump.fun’s PUMP The Solana token was not too long ago the worst-performing crypto asset in the top 100 coins. Now the script has been flipped. Here’s why. So much…
In brief Base token launchpad Zora accounted for more tokens created than Solana’s Pump.fun and LetsBonk on Monday. It represents the first time since early 2023 that a chain has played host to more token launches than Solana, according to Coinbase director Conor Grogan. Unlike Pump.fun, Zora turns every single post on its social media…
In brief Pump.fun accounted for 19% of tokens deployed through Solana-based launchpads on Saturday. The project’s native token fell to a fresh low on Monday. Meme coin traders have been gravitating toward LetsBonk, which debuted in April Traders on Solana are backing away from Pump.fun following its massive ICO, gravitating toward other meme coin launchpads…
In brief Solana co-founder Anatoly Yakovenko dismissed meme coins and NFTs as “digital slop,” in a discussion with Coinbase’s Jesse Pollak. Pollak defended platforms like Zora, calling content “incredibly valuable” and coins “the most powerful technology” for enabling value transfer to creators. Despite Yakovenko’s criticism, Solana remains deeply tied to meme coin activity, with launchpad…
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 Myriad has expanded its prediction markets to Ethereum layer-2 network, Linea. Top markets this week include predictions on SharpLink Gaming’s ETH holdings and Solana tokens PENGU, Fartcoin, and PUMP. Predictors think PENGU will eclipse a $2.5 billion market cap by the end of July, and Fartcoin will outpace PUMP into August. What do…
In brief Ben “Funky” Askren promoted a Solana meme coin on his social media on Wednesday, which was “rug pulled” not long after. It appears to have come as part of a paid promotion with Sahil Arora, the celeb coin creator behind Caitlyn Jenner’s infamous venture into crypto. Arora told Decrypt Askren was aware of…
In brief Elon Musk said that the X-owned video app Vine is set to return with an AI twist. Vine Coin, launched by the app’s co-founder earlier this year, spiked in value following the news. There is no confirmation that the relaunch will utilize the Solana meme coin, despite the wishes of investors. X owner…
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…
