Meme Coin Frenzy Fuels Explosive Base DEX User Growth
Coinbase Ethereum layer-2 network Base has clinched a new record in terms of the number of daily active users on decentralized exchanges (DEX), reaching 270,000 on June 17th. Compared to…
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NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers,…
Coinbase Announces Support for This Trending Meme Coin, Price Explodes
TL;DR The cryptocurrency market has seen significant volatility, with major assets experiencing price drops, but one Solana-based meme coin surged by 10% daily. Its rally is likely linked to Coinbase’s…
Battle of Controversial Meme Coins: Andrew Tate-Linked DADDY Vs. Iggy Azalea’s MOTHER
TL;DR Meme coin DADDY saw a 500% increase after endorsements from Andrew Tate. It is surrounded by controversy over insider holdings. MOTHER, launched by Iggy Azalea, rose 700% in 30…
Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings
The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from…
Meme Coin Craze Drives Solana’s Token Issuance to New Heights
According to statistics, 115,773 tokens were issued on the Solana blockchain, and 30-day metrics show that more than half a million tokens, specifically 549,386, were minted. Solana Blockchain Mints Over…
Solana Foundations Takes Action Against Validators Enabling Sandwich Attacks
Sandwich bots have been wreaking havoc on the Solana network for quite some time. In a bid to crack down on these attacks, the Solana Foundation has decided to remove…
Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations…
Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded
During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market…
Gamestop-Related Meme Coins Surge With Roaring Kitty Up 161%, GME Token Up 80%
Gamestop and Wall Street Bets-related meme coins are experiencing a significant rise on Friday, with many achieving double and triple-digit increases. The token roaring kitty (KITTY) climbed 161%, while GME…
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