Memes | ForkLog

ForkLog 14 28.05.2024

YouTube Co-Founder Backs Meme Coin Inspired by Platform’s First Cat Video

Steve Chen, co-founder and former CTO of YouTube, has thrown his support behind the meme coin Pajamas Cat (PAJAMAS), which is based on the first cat video uploaded to the platform. The only thing I own is Pajamas. Hahaha. …and Solana. I am having so much fun on Solana! Looking at Sol’s market cap, it […]

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ForkLog 19 28.05.2024

Meme stream: why ‘dog’ tokens are so popular, according to CoinEx

Since April 2024, crypto projects have launched more than 1m tokens on Ethereum (370,000) and Solana (640,000). Most of them are meme tokens. What explains the popularity of such assets, and why do their creators pick the Solana blockchain? We answer with the exchange CoinEx. Coin or token? Meme tokens and meme coins are digital […]

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ForkLog 8 28.05.2024

Investor Nets $1.2 Million from Shiba Inu Over Three Years

A long-term investor in Shiba Inu (SHIB) has earned over $1 million from the meme coin, according to Etherscan data. On January 31, 2021, the user purchased approximately 48 billion SHIB for 2 WETH (~$2700) on the decentralized exchange Uniswap. The investor held the asset for about three and a half years, selling it on […]

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ForkLog 18 27.05.2024

Memecoin NORMIE Plummets 99% After Hack; Attacker Returns Funds for Relaunch

On May 26, the meme token Normie (NORMIE) was hacked, causing its price to drop by 99% and its market capitalization to fall from $41 million to $1.9 million. Memecoin Normie was attacked, and its price plummeted by more than 99% in one minute, with its market value falling from $40 million to less than […]

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ForkLog 12 27.05.2024

Traders Reap Hundredfold Gains from Trading Meme Coin MAGA Hat

Several holders of the politically-themed meme token MAGA Hat (MAGA) have reaped million-dollar profits from its price surge, as noted by analysts at Lookonchain. In just 3 days, this trader made $2.7M by trading $MAGA, with an ROI of 505%! He spent $537.5K to buy 6B $MAGA on May 24 and May 25, then sold […]

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ForkLog 13 24.05.2024

CatCoin Developers Threaten Legal Action Against BitForex Over Withdrawal Issues

The team behind the meme coin CatCoin (CAT) has issued an official warning to the Hong Kong-based exchange BitForex regarding difficulties in withdrawing the coin. This is a formal warning to @bitforexcom Exchange regarding the withdrawal of $CAT tokens. We may pursue legal action against both Bitforex and its former CEO, @JasonLuoBF, who remains in […]

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ForkLog 49 24.05.2024

Sponge V2 Meme Token Claims Set for May 30

Over 85% of participants in a survey regarding the distribution of staking rewards for the meme token Sponge voted for an instant claim. The project team announced this on X. ? #SPONGERS, the votes are in! ? A whopping 85.5% of our community voted for instant claim! As promised, we’ll honour your choice.? All $SPONGE […]

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ForkLog 12 22.05.2024

Traders Profit from New All-Time High of Meme Token PEPE

The meme coin PEPE has experienced significant growth over the past week, reaching an ATH of $0.0000142 on May 22, according to CoinGecko. In light of this, major companies and retail investors have reaped substantial profits, analysts at Lookonchain reported. One trader deposited 201.85 billion PEPE ($2.83 million) on the Bybit exchange. He traded the […]

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ForkLog 8 21.05.2024

Trader Accused of Insider Trading After Earning $1 Million on MAGA Token

An anonymous user has reportedly earned nearly $1 million from the politically themed meme token MAGA. Analysts at Lookonchain have accused the trader of insider trading. Note that an insider is selling #MEMEcoin $MAGA on #Ethereum! The insider spent 5.35 $ETH($19,586) to buy 140.4B $MAGA(33.37% of supply) with 22 wallets. So far, the insider has […]

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ForkLog 9 20.05.2024

Sponge Project Initiates Survey on Staking Rewards

The team behind the meme token Sponge has launched a survey on X regarding the distribution of staking rewards. This was reported to ForkLog by representatives of the project. It’s time to vote, #SPONGERS!! ? Vote on the $SPONGE staking rewards claim structure below! The poll closes on the 21st of May. ⏰ Absorb that […]

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ForkLog 37 16.05.2024

Meme Coins Outperform Broader Cryptocurrency Market

In the past 24 hours, the total capitalization of meme tokens rose by 8.1%, surpassing the broader crypto market’s growth of 5%. Meme coin capitalization. Data: CoinGecko. PEPE showed the most significant increase in the category, rising nearly 27% over the week to reach a new all-time high of $0.000011. The main meme tokens — […]

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ForkLog 15 15.05.2024

Trader Profits $46 Million from PEPE Amid Token’s All-Time High

A year ago, an investor put $3,000 into PEPE. Since then, the asset’s value has surged 15,718 times, as noted by Lookonchain. Earned more than $46M on $PEPE with only $3K, a gain of 15,718x!? This super big winner sold 255B $PEPE($2.3M) for profits again after the price of $PEPE increased. He spent only $3K […]

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