Memes | ForkLog

ForkLog 38 08.05.2024

Trader Turns 60 SOL into $1.26 Million with Meme Coin Investment

On March 10, a user spent 60 SOL ($8673) to purchase 24.8 million HAMMY meme tokens on Solana. Within two months, this investment grew to $1.26 million, as noted by Lookonchain. This trader is so patient! He turned 60 $SOL($8,673) into $1.26M in 2 months, a gain of 144x! He spent 60 $SOL($8,673) to buy […]

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ForkLog 14 03.05.2024

Memecoins: A “Valuable” Tool for Decentralized Exchanges, Says Expert

Trading in memecoins is beneficial for decentralized exchanges (DEX) as it attracts non-traditional DeFi traders to the platforms. This was stated by Synthetix founder Kain Warwick at the MemeGlobal Sydney conference, reports Cointelegraph. “There is an opinion that memecoins are pure speculation. In my view, speculation is good. They are valuable,” he added. Warwick disagreed […]

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ForkLog 18 02.05.2024

Sponge Project Launches Staking for Second Version Token

The team behind the meme token Sponge has announced the launch of staking for the second version of its tokens (V2), according to a press release.

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ForkLog 19 01.05.2024

‘AI tokens are meme coins’: All Time Half guests on the state of the market

On April 13, guests on the CRYPTOCENOSIS stage at ForkLog’s All Time Half 2024 conference discussed the current state of the crypto market, the Austrian school of economics, meme coins, AI tokens and the prospects for the coming bull market. Here are the key takeaways. Is Bitcoin a replacement for the existing financial infrastructure? Briefly: […]

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ForkLog 14 29.04.2024

Trader Loses $152,000 in Half an Hour Due to Insider Trading

A user fell victim to insider trading of the meme coin CoolCoin (COOL) on the Solana network, as reported by analysts at Lookonchain. Don’t buy when snipers/insiders are dumping #MEMEcoins on you, or you’ll lose heavily as this trader did! This trader spent 1,600 $SOL to buy $COOL and sold for only 532.58 $SOL, losing […]

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ForkLog 15 26.04.2024

Trader Nets $23 Million from Meme Tokens

A trader using the domain paulo.sol in the SNS has garnered over $26 million in profits by trading meme coins on Solana, as noted by experts at Lookonchain. What a legend!? paulo.sol has realized profits of $9.51M on $WIF, $7.04M on $boden and $6.28M on $BONK. 1/ Let’s dig into his trades to see what […]

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ForkLog 46 26.04.2024

Airdrop of Meme Tokens Offsets Cost of Solana’s Web3 Smartphone Preorder

Customers who preordered the Saga Chapter 2 Web3 smartphone from Solana Mobile found their purchase costs offset by the distribution of two meme tokens. Source: X. In April, cat-themed projects — Cat in a dog’s world (MEW) and Maneki (MANEKI) — distributed an airdrop to owners of the yet-to-be-released device. On April 1, the MEW […]

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ForkLog 10 25.04.2024

Memecoins: A Threat to the Crypto Industry’s Growth, Say Experts from a16z and Compound

The surge in meme tokens is causing more disillusionment and departure among developers than even the bear market, according to Michael Dempsey, managing partner of Compound’s venture division. Seeing memecoins leading to disillusionment/churn of crypto builders to a degree more extreme than even the bear market the past few years. Increasingly find it hard to […]

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ForkLog 12 25.04.2024

Iconic ‘Buy Bitcoin’ Sign Fetches 16 BTC at Auction

A notebook bearing the now-iconic phrase ‘Buy Bitcoin’ was sold for 16 BTC (just over $1 million). The auction house Scarce.City, which conducted the sale, announced it as a record-breaking amount for them. And that’s a wrap on one of the most ICONIC pieces of Bitcoin history. ?? Made a little history of our own […]

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ForkLog 25 22.04.2024

Twelve Solana Presale Tokens Abandoned Within a Month

At least 12 presale meme coins on the Solana network, which collectively raised $26.7 million, were abandoned a month after their launch, according to on-chain investigator ZachXBT. Only 1 month has passed and 12 of the Solana presale meme coins have been completely abandoned after raising >180,650 SOL ($26.7M). Would avoid any future projects launched […]

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ForkLog 21 21.04.2024

Trader Nets $1.5 Million in Two Days on Meme Coins

On March 16-17, an unidentified user earned 8282.2 SOL (approximately $1.49 million at the time) from seven meme tokens. Analysts at Lookonchain highlighted this achievement. Not an insider, this trader made $1.49M by trading #MEMEcoin in just 2 days!? He traded 7 #MEMEcoins on Mar 16 and Mar 17, all of which were profitable, with […]

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ForkLog 23 16.04.2024

The Open Network Launches Memelandia Hub for Meme Coins

The Open Network (TON) blockchain team has announced the launch of Memelandia, a hub for meme coin developers. ? Introducing Memelandia ?, a cultural hub for meme coins & community tokens! This initiative helps meme coins that often go unnoticed by the crypto market get greater recognition. ✅ Ranked TOL leaderboard✅ Marketing support✅ Recognition & […]

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