Memes | ForkLog

ForkLog 29 05.12.2024

Experts Weigh in on the Slowdown of the Meme Coin Bull Run

The trajectory of meme coins is closely tied to the overall state of the global market, reflecting macroeconomic trends with significantly higher volatility. This perspective was shared with Cointelegraph by Murad Mahmudov, a former Bitcoin maximalist and expert in the “funny money” niche. According to him, “meme” crypto projects cannot be assessed using traditional fundamental […]

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ForkLog 17 04.12.2024

BNB Reaches New Heights Following Meme Coin Platform Launch

On December 4, BNB reached a new ATH of $782.79 after the DEX PancakeSwap introduced PancakeSwap Springboard — a platform for launching meme coins on the BNB Chain. Hourly chart of XRP/USDT on Binance. Data: TradingView. Over the day, the asset rose by 19.6%. The cryptocurrency ranked fifth by market capitalization ($113 billion), surpassing Solana. […]

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ForkLog 56 03.12.2024

Pump.fun’s Monthly Revenue Hits $93 Million

The Solana-based platform for launching and trading meme tokens, Pump.fun, achieved a record revenue of $93 million in November, according to data from DeFi Llama.

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ForkLog 12 02.12.2024

Binance to Conduct MONKY Airdrop for FLOKI and APE Holders

The cryptocurrency exchange Binance will support the distribution of the meme coin Wise Monkey (MONKY) to holders of FLOKI (FLOKI) and ApeCoin (APE). The airdrop will be conducted at a rate of 0.35 MONKY for each 1 FLOKI and 804,828 MONKY per unique account with a balance of at least 1 APE. Snapshot dates: November […]

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ForkLog 13 30.11.2024

Trader Turns $15,300 into $1.29 Million with FAI Meme Token in Two Days

An anonymous trader earned $1.28 million from the FAI meme token in just two days, as noted by analysts at Lookonchain. Turn $15.3K into $1.29M in just 2 days on #Base! This trader spent 4.2 $ETH($15.3K) to buy 253.63M $FAI 2 days ago, then sold 91.8M $FAI for 106.2 $ETH($384K), leaving 161.8M $FAI ($911K). Total […]

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ForkLog 26 30.11.2024

Bloomberg Analyst Considers Potential for Dogecoin ETF

The U.S. Securities and Exchange Commission (SEC) may soon receive applications for an exchange-traded fund (ETF) based on the price of the meme cryptocurrency Dogecoin. This perspective was shared by Bloomberg analyst Eric Balchunas in a comment to The Block. “Today’s satire is tomorrow’s ETF. […] Ask yourself, is a DOGE[-ETF] too ambitious? We’ll see. […]

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ForkLog 55 29.11.2024

Pump.fun Revenue Declines by a Third Amid Streaming Suspension

By November 27, daily revenues for the token launch platform Pump.fun had fallen by 33% compared to a peak of $5.3 million just days earlier. Pump.fun revenue chart as of November 27, 2024. Source: Defi Llama. In early November, the platform’s earnings began to surge rapidly—from below $1 million to over $5 million between November […]

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ForkLog 11 29.11.2024

Market Shifts Focus from Meme Coins to DeFi Tokens

Leading meme coins have lost their growth momentum, while DeFi tokens are showing stronger gains. This is reflected in the dynamics of the respective indices, reports The Block. Weekly dynamics of The Block indices. Data: The Block. Over the past week, the GMMEME indicator, which tracks the top 30 meme coins, decreased by 0.95%. For […]

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ForkLog 39 28.11.2024

YouTuber Accused of $3.5 Million Meme Coin Fraud

Professional Fortnite player and YouTuber SerpentAU has been implicated in several fraudulent schemes involving the launch of fake meme coins amounting to $3.5 million, according to blockchain researcher ZachXBT.

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ForkLog 26 27.11.2024

Crypto Investor Launches Mood-Linked Meme Token

On November 27, to mark his birthday, Dmitry Machikhin, founder of the AML service BitOK and a crypto investor, introduced his own meme coin, DIME, on the Solana blockchain. The total issuance amounts to 10 million coins. Source: Dmitry Machikhin. According to the official website, the meme coin’s rate is tied to the businessman’s mood. […]

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ForkLog 21 26.11.2024

Owner of Euthanised Squirrel Accuses Crypto Community of Profiteering and Launches Own Token

The owner of a squirrel named Peanut and a raccoon named Fred, Mark Longo, launched a token on Solana called “Justice for Peanut and Fred” (JUSTICE) to honour the memory of his pets. “The government will not get away with this. Justice will prevail. And not just for Fred and Peanut. We will show the […]

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ForkLog 11 26.11.2024

Solana’s DEX Monthly Turnover Surpasses $100 Billion

In November, the trading volume on decentralized exchanges (DEX) within the Solana network reached a record $109.8 billion. By comparison, Ethereum’s figure is nearly half at $55.3 billion, according to DeFi Llama. Data: DeFi Llama. In October, Solana’s DEX turnover was $52.9 billion. In November, the metric exceeded this value by 107.6%. The previous monthly […]

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