Memes | ForkLog

ForkLog 22 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 23 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 58 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 21 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 23 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 24 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 38 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 47 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 36 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 19 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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ForkLog 24 13.01.2025

Litecoin’s X account promoted a fake memecoin

In recent days, X accounts belonging to several cryptocurrency and venture projects were hijacked to promote scams, The Block reported. Among the compromised was Litecoin’s page with 1.1 million followers. It was used to advertise a fake memecoin. The team regained control of the account and apologised for the incident. Litecoin’s X account was briefly […]

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ForkLog 17 09.01.2025

Memecoin trade delivers a 1,885-fold return

A trader turned $269 into $508,000 in four hours by trading the Large Language Model (LLM) memecoin, analysts at Lookonchain observed. This guy turned $269 into $508K in just 4 hours—a 1,885x return! He spent only 1.37 $SOL($269) to buy 23M $LLM on https://t.co/DrKlYnPhBq. About 4 hours later, $LLM skyrocketed, and he sold all 23M […]

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