TL;DR Trump-themed memes followed the broader decline of the cryptocurrency sector, tanking by double digits. Official Trump has slipped below $12.50, but some analysts believe a resurgence could be on the horizon. The Major Collapse The brief pump in the cryptocurrency sector on March 2 and the early hours of March 3 was abruptly suspended by another huge correction. The massive volatility was likely caused by Donald Trump’s actions. First, the American president confirmed...
Read More »This Football Legend Issues a Critical Warning Regarding Fake Meme Coins: Details
TL;DR Ronaldinho alerted the crypto community about fake meme coins using his name, denying any official token launch. The football icon’s past alleged involvement in the “18kRonaldinho” crypto scam, which supposedly defrauded investors of over $60 million, adds skepticism to his latest announcement. ‘Keep an Eye for Fake Meme Coins’ The meme coin sector has been one of the highlights of the last bull cycle in the cryptocurrency market. Contrary to their potential to...
Read More »Meme Coins Do Not Qualify as Securities: SEC Confirms
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance released a statement clarifying its views on the application of federal securities laws to meme coins. In a statement this week, the division stated that it does not view meme coins as securities but more like collectibles. Meme Coins Are Not Securities According to the SEC’s latest guidance, transactions involving meme coins do not constitute the offer and sale of securities under the...
Read More »Financial Damages from LIBRA Coin Fiasco Revealed in Nansen Report
On-chain analytics platform Nansen has released a report examining the aftermath of the controversial LIBRA token. Its findings indicate that 86% of traders who bought the cryptocurrency collectively lost about $251 million, while a select group of winners walked away with at least $180 million in profits. A Rapid Rise and Fall LIBRA debuted on Valentine’s Day, gaining instant traction after Argentine President Javier Milei appeared to endorse it in a post on X that has since...
Read More »Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour
Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more than 90%. A Social Experiment In a February 19 post on X, the founder criticized the meme coin space, stating: “The entire ecosystem is Greed and nothing else. Go dump on each other peasants but don’t complain to me if you lose money. You are all greedy. At least admit it.” He...
Read More »CZ to Donate BNB And Other Tokens to TST And Broccoli Victims
Changpeng Zhao, founder and former CEO of the world’s largest crypto exchange, Binance, has decided to donate tokens he received from anonymous market participants to victims of the Test (TST) and Broccoli meme coin projects. The prominent crypto figure clarified that while he has decided to help victims of TST and Broccoli, his actions should not be interpreted as an endorsement for any of the tokens. What Led to CZ’s Donations? On February 15, a pseudonymous Chinese...
Read More »Früh in Meme Coins einsteigen?
Meme Coins sind die wilden Pferde des Kryptomarktes. Sie entstehen oft aus einem Internettrend, einem Insiderwitz oder der Begeisterung einer Community – und können in kürzester Zeit gigantische Renditen liefern. Doch wie erkennt man solche Gelegenheiten frühzeitig, bevor ein Coin durch Social-Media-Hypes explodiert? Es kann auch ein Vorteil sein, auf Bitcoin-Börsen wie bsp. KuCoin einen verifizierten Account zu haben. Die richtigen Quellen nutzen Wer früh in einen Meme Coin einsteigen will,...
Read More »Out of 29 Tokens Launched on Binance Alpha, 17 Surge While 12 Decline
Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted a trend where smaller market-cap assets generally performed better than their larger counterparts. Those with fully diluted...
Read More »Meme Coins Overtake BTC, BNB in Popularity Among Crypto Holders: Binance
Cryptocurrency enthusiasts are turning to meme coins over traditional assets like Bitcoin (BTC) and Binance Coin (BNB), according to the latest study conducted by Binance. The findings, released on December 18 as part of the Binance Global User Survey, sampled over 27,000 customers across Asia, Australia, Europe, Africa, and Latin America. Meme Coins Outpace Bitcoin and Ethereum Binance revealed that 16% of respondents reported holding meme coins, making them the most-owned...
Read More »This Trader Made Over $6 Million by Selling Shiba Inu (SHIB) Holdings: Details
TL;DR A whale turned a $3,800 investment in SHIB into over $6 million, with remaining holdings valued at $52 million. Another trader previously saw a 628x ROI from a $2,500 SHIB purchase, potentially gaining $1.58 million. The Multi-Million Trade The meme coin sector is full of tokens that have experienced colossal price increases in the past few years, thus giving savvy traders the chance to make substantial profits. Among the notable examples is Shiba Inu (SHIB), which...
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