The developer behind the Slerf memecoin claims the snafu was due to a “mindless misclick,” but skeptics suggest the drama may have been a very daring marketing stunt.
Altcoin News
The term “altcoin” refers to any cryptocurrency that has launched since Bitcoin (BTC). In the early days of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from their progenitor with different supply schedules and privacy features. These include Litecoin (LTC) and Zcash (ZEC), among others.
Along with altcoins came a plethora of Bitcoin–altcoin trading pairs that produced a surge in market activity, with traders leveraging the volatility of these crypto assets for high-risk rewards.
The rise of altcoins and their respective blockchain networks marks an era of experimentation and maturation within the crypto industry, as a wider range of use cases of the technology have become possible.
- 2953
Crypto traders are struggling to hold Bitcoin price above $68,000, and altcoins are suffering as a result of BTC's weakness.
4211The wallet received a $30 million controlling-stake investment by crypto exchange Bitget in March 2023 and rebranded shortly after.
6941In addition to the existing Coti tokenholders, the eligibility for airdrop rewards has been automatically extended to all treasury participants.
5001The ambiguous, 24-hour presale promised a bigger allocation for early investors without disclosing any specifics on the project.
9475A crypto whale bought 314 million BOME tokens ahead of its Binance listing, sparking insider trading discussions among community members.
5360Traders want to make their millions on Solana memecoins, but crypto proponents believe this is risky and would benefit the industry if it ends sooner rather than later.
5709Arbitrum unlocked 1.1 billion tokens worth over $2 billion for its team, advisers and investors on March 16.
5529Solana memecoin projects have raised more than $100 million by way of a controversial fundraising model known as “presales” in the last three days.
12939Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle.
5202Degens were piling into Solana-based memecoins such as Book of Meme and SNAP as the network struggled to keep up with the surge of activity.
23766Bitcoin recovered the $68,000 level, triggering buying in NEAR, APT, RNDR and MKR.
6862Bitcoin is showing the first signs of profit booking, but the bears are struggling to hold the price below $69,000, indicating buying at lower levels.
13864Crypto community members' opinions were split, with one saying “profit is profit” and another saying that the trader “fumbled” generational wealth.
15830The cumulative revenue for the cross-chain protocol which launched in July 2023 has reached $377,724.
7762