tokens | ForkLog

ForkLog 27 19.03.2024

CryptoQuant CEO Criticizes Meme Coin Surge

Ki Young Ju, founder and CEO of CryptoQuant, has voiced concerns over the surge in the meme token sector. Meme coins harm the crypto industry. It’s frustrating to see billion-dollar-cap memecoins overshadow hardworking teams building legit products to advance this industry. Easy money can’t drive industry-wide progress, as shown by the 2018 ICO burst. https://t.co/YWkRA39v9Z […]

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ForkLog 6 18.03.2024

Solana’s Mysterious AI Token Presale Raises $30 Million

An initial token sale for an unnamed AI-focused project on Solana amassed over $33 million in SOL within an hour. Capping this at $30M. https://t.co/EEF0wsq5Ne — dexter (@dexter_cap) March 18, 2024 On-chain researcher Dexter, who highlighted the presale, edited his post at the request of commentators to remove the wallet address and discourage users from […]

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ForkLog 30 18.03.2024

Endless Meme Rally? Experts Warn of Bubble Burst

Despite a correction in major cryptocurrencies, the meme token sector is showing positive momentum. Leading the growth are WIF and BOME, though some analysts fear an imminent dump. The Meme March The market capitalization of all meme coins has exceeded $55 billion, increasing by about 8% in the past day. Clear leaders have emerged in […]

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ForkLog 48 18.03.2024

Reddit’s Cryptocurrency Token Reaches New Heights

On March 17, the subreddit r/CryptoCurrency’s coin, Moons (MOON), surged from $0.22 to a record $0.79, marking a 260% increase. Daily chart of MOON/USDT on MEXC exchange. Data: TradingView. At the time of writing, the asset had adjusted to $0.54. MOON’s previous peak was recorded in August 2023 at around $0.5. The coin’s market capitalization […]

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ForkLog 32 15.03.2024

NFT of Dogwifhat Meme Coin Symbol Sells for $4.3 Million

The original image of the dog that became the symbol of the meme cryptocurrency dogwifhat (WIF) has reportedly been put up for sale as an NFT on the Foundation platform. Source: Foundation. At the time of writing, the highest bid stands at 6.94 ETH (~$25,660), with more than two days remaining until the auction ends. […]

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ForkLog 14 14.03.2024

SOL Market Cap Nears All-Time High as Token Surges 15% in a Day

Over the past 24 hours, Solana’s native token (SOL) rose from $145 to $172, with its market capitalization nearing an all-time high of $76.7 billion. 15-minute SOL/USDT chart on Binance. Data: TradingView. SOL remains 51% below its historical price peak of $260. The coin is showing positive momentum amid the broader crypto market rally and […]

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ForkLog 20 14.03.2024

Franklin Templeton: Meme Coins Lack Intrinsic Value

Meme coins possess no “intrinsic” value and are highly volatile, yet they maintain “strong relationships” with their native networks, according to Franklin Templeton. The Value Between Meme Coins and Their Native Networks pic.twitter.com/LYjQ5HvXHp — Franklin Templeton Digital Assets (@FTI_DA) March 13, 2024 In a brief research note, analysts cited the BONK token launched on Solana […]

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ForkLog 14 13.03.2024

Analysts Highlight Surge in AI Tokens and ‘Cat’ Coins

Alongside Bitcoin’s new highs, altcoins, particularly those related to artificial intelligence and cat-themed meme tokens, are showing positive trends. This is according to a report by Bitfinex. Experts noted the overall growth of altcoins, as indicated by the Total3 index. The sector’s capitalization has exceeded $720 billion. The influx of funds is due to Bitcoin […]

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ForkLog 15 12.03.2024

GameFi Market Capitalisation Surpasses $31 Billion

In the past week, GameFi tokens have experienced significant growth. At the time of writing, the market capitalisation of the segment stands at $31.5 billion, according to CoinGecko. The popularity of Web3 games is even more evident in the 30-day metrics: The Gala token has increased by 184.5% over this period; Axie Infinity by 64.8%; […]

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ForkLog 13 11.03.2024

Unibot Token Plummets 45% Following Solana Disconnection

On March 11, the native token of the Telegram bot Unibot (UNIBOT) fell by 45% following the termination of its collaboration with the team that connected the application to the Solana network. Dear Community Members, We are reaching out to share a significant update regarding our collaboration with the team which deployed Unibot on Solana. […]

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ForkLog 18 07.03.2024

Lena Network Denies $2.9 Million Rug Pull Allegations

The price of the recently launched Candy token plummeted by 87% following an alleged rug pull by the developers. According to Etherscan data, on March 6 at 02:30 UTC (04:30 Kyiv/05:30 MSK), the deployment address of the Lena Network liquidity protocol transferred 753.11 ETH, valued at approximately $2.9 million, to the OKX exchange. This led […]

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ForkLog 9 06.03.2024

Federation Council Approves Law on International Settlements in Digital Financial Assets

On March 6, the Federation Council approved a law permitting the use of digital financial assets and utilitarian digital rights in international settlements, as reported by TASS. The amendments are made to the laws “On Currency Regulation and Currency Control” and “On Digital Financial Assets”. The document classifies the acquisition and disposal of digital assets […]

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