Memes | ForkLog

ForkLog 24 23.01.2025

Nasdaq’s X Account Compromised to Promote Fake Memecoin

An unidentified hacker breached the official X account of the Nasdaq exchange to promote a fraudulent memecoin named STONKS, mimicking the original token on the Solana blockchain. This was reported by The Block. The perpetrator initially renamed the fake page to a Nasdaq branch, posted an advertisement for the newly issued memecoin, and retweeted it […]

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ForkLog 18 22.01.2025

Majority of TRUMP Holders Face Break-Even or Loss; Expert Criticizes Tokenomics as ‘Outdated’

The vast majority of holders of the “official” meme token of former U.S. President Donald Trump (TRUMP) are either breaking even or facing losses up to $1000, according to data from the Dune dashboard. Data: Dune. The number of traders in profit is roughly half that. The number of holders with significant losses or gains […]

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ForkLog 25 22.01.2025

Ethics Experts Criticize TRUMP Memecoin

The watchdog organization Citizens for Responsibility and Ethics in Washington (CREW), which filed a lawsuit against Donald Trump during his first term, is preparing new legal actions. This was reported by the group’s vice president, Jordan Libowitz, to Fortune. According to Libowitz, the recent business moves by the elected head of state, including the launch […]

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ForkLog 28 21.01.2025

Trump Tokens Plummet Following US Presidential Inauguration

On January 21, the prices of Official Trump (TRUMP) and Melania Meme (MELANIA) tokens fell from their peak by 29.8% and 53.8%, respectively. The sharp profit-taking was triggered by the absence of any mention of cryptocurrencies during Donald Trump’s inauguration speech. TRUMP/USDT dynamics. Data: CoinGecko. MELANIA/USDT dynamics. Data: CoinGecko. In his post-inauguration speech, Donald Trump […]

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ForkLog 62 20.01.2025

Pump.fun Celebrates Anniversary with Revenue Surpassing $430 Million

On January 19, the “meme token factory” Pump.fun, based on Solana, celebrated its first anniversary. Since its launch, the platform’s total revenue from fees has reached $431 million. pump fun officially turns 1 today!!! ??? from ups & downs, tops & bottoms, we want to thank every single one of our users for making pumpfun […]

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ForkLog 23 20.01.2025

Former Coinbase CTO Criticizes Meme Coins as a ‘Negative-Sum Lottery’

Former CTO of Coinbase and general partner at Andreessen Horowitz, Balaji Srinivasan, has criticized the meme coin segment amidst the hype surrounding TRUMP and MELANIA. A memecoin is a zero-sum* lottery. There is no wealth creation. Every buy order is simply matched by a sell order. And after an initial spike, the price eventually crashes […]

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ForkLog 26 20.01.2025

Melania’s meme coin leaves traders pining for Gary Gensler

On January 19, the U.S. president-elect’s wife, Melania Trump, launched the MELANIA meme coin on Solana. Within a day, the token’s FDV topped $12bn. The family’s second crypto asset triggered a sell-off in TRUMP and disruptions at several platforms and services. Community members highlighted tokenomics concerns, ethical ambiguities and an “unprofessional” approach by MELANIA’s creators. […]

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ForkLog 30 20.01.2025

Controversial activist offloads 50% of TIKTOK memecoin supply

Ryan Fournier, chair of Students for Trump, faced a backlash after selling half the supply of a memecoin created to celebrate the lifting of the ban on TikTok in the United States, The Block reported. On January 19, Fournier floated the idea of a memecoin, Official TIKTOK COIN (TIKTOK). An X user going by Asta […]

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ForkLog 45 19.01.2025

What to know about Donald Trump’s memecoin: surge, supply and industry impact

On January 18, US president-elect Donald Trump announced the launch of an “official” TRUMP memecoin on the Solana blockchain. Within 24 hours, the token jumped 220%, with FDV at $62 billion. 15-minute TRUMP/USDC chart on Meteora. Source: DEX Screener. At the time of writing, the token trades at $68.8 with a market capitalisation of $13.6 […]

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ForkLog 50 18.01.2025

Trump’s X post sends FDV of the “official” TRUMP memecoin to $19bn

Days before his inauguration, Donald Trump announced on X and Truth Social the launch of an “official” TRUMP memecoin. The token surged, displacing the likes of Pepe and Bonk in the rankings.

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ForkLog 37 17.01.2025

From hamsters to whales: why AI-linked meme tokens have taken off

The meme mania of 2024 brought launchpads such as Pump.fun colossal profits, while headlines trumpeted the astonishing fortunes of traders booking hundreds or thousands of percentage points in gains. In the autumn, amid the year’s third rally in AI-linked assets, the segment found a new vein: meme coins inspired by artificial intelligence. Many of them […]

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ForkLog 21 16.01.2025

Burwick Law readies suit against Pump.fun on behalf of investors who lost “significant sums”

New York firm Burwick Law said it is preparing a lawsuit against Pump.fun on behalf of memecoin investors who lost “significant sums”. **LEGAL ACTION ALERT: PUMPDOTFUN** Burwick Law is pursuing legal action on behalf of investors in pumpdotfun memecoins. If you lost money on any pumpdotfun memecoins, you may be entitled to compensation. Read more […]

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