Pump.fun recorded a trading volume of $942 million on Sunday, followed by a spike to $1.02 billion on Monday as the broader memecoin market surged.
Memecoin News
Memecoins, also known as meme cryptocurrencies or meme crypto, are digital currencies inspired by popular internet memes. Several meme tokens with large market caps boast active communities, such as Dogecoin (DOGE), Shiba Inu (SHIB), which are based on the Doge meme, and PEPE, which was inspired by Pepe the Frog.
So, what is a memecoin? Memecoins are a type of cryptocurrency featuring an internet meme character for its logo. Memecoins may serve a variety of purposes — or none at all — as they are not always the same, but they can still be bought and sold like other digital assets on most centralized and decentralized exchanges.
If you are looking to buy memecoins, do so at your own risk, as they are widely seen as speculative and volatile assets, and trading them is seen as risky.
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Shiba Inu’s DeFi team offered a $23,000 bounty to the Shibarium bridge attacker after a $2.4 million exploit, urging the return of stolen funds.
10648 - Investigation
PancakeSwap claims its trading competition winners were selected randomly, but blockchain records suggest over half of them belong to a cluster of linked wallets.
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Dogecoin gained around 4% to reach $0.26 despite Bloomberg’s Eric Balchunas reporting that the first US DOGE ETF faces another delay.
19007 - Explained
How TRUMP, DJT and WLFI clash with California’s crypto rules and why Newsom teased a “Trump Corruption Coin.”
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The era of memecoin exchange-traded funds has begun in the United States, according to Bloomberg’s Eric Balchunas.
22447 - News
KuCoin’s new cloud-mining platform is aiming to control 10% of Dogecoin mining capacity, while offering investors new opportunities to invest in hashrate.
4930 - News
California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures.
27398 - News
Pump.fun has spent over $62 million on buybacks, absorbing 16.5 billion PUMP tokens in a bid to reduce sell pressure.
9279 - News
Over 70,000 wallets piled into the YZY memecoin, but most lost money as its price collapsed by over 80%, underscoring the risks of celebrity-backed tokens.
12676 - Altcoin Watch
To hit $250, SOL needs to see an uptick in onchain activity, demand for buy-side leverage and a resolution of the SEC’s Solana ETF decision.
5090 - Newsletter
Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
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Andrew Tate is back on the memecoin bandwagon but hasn’t nailed the trading game as his wallet approaches losses of $700,000 on Hyperliquid.
14670 - News
Kanye West’s YZY memecoin left thousands of wallets devastated as coordinated snipers extracted millions while retail investors lost out.
7363 - News
Onchain sleuth found YZY sniper wallets tied to LIBRA, extracting $23 million in suspected insider gains across both token launches.
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