Tag Archives: Meme Token

Orbitt MM now boosts volume for Pump.Fun memecoins, enhancing Solana projects. The integration enables new tokens to achieve attention and sustainability on Solana. Orbitt, the Solana (SOL) project accelerator, has announced a substantial enhancement to its market-making service, which now supports volume boosts for Pump.Fun Tokens for a great time. This change is expected to boost the success of the new Pump.Fun projects that benefit the larger Solana nature. Beginning September 6, Orbitt MM...

The SunPump community changed its mind about an LP burning mechanism, instead opting for an on-chain buyback and burn mechanism, which Justin Sun agreed to. After hearing the SunPump community out, Justin Sun has decided to implement a 100% on-chain buyback and burn mechanism for the SUN token, memecoin generator SunPump’s native asset. While the initial decision was to integrate an LP token burn mechanism, the community decided against it for various reasons, pushing Sun to choose the...

Simon’s Cat, a popular meme and animated series, has locked over $15 million worth of $CAT and $BNB tokens using Floki’s crypto locker protocol, FlokiFi Locker. Floki announced this revolutionary news via the official X account. These tokens are locked on the BNB Chain for an astonishing 420 million years which means they will not be available for generations. This move demonstrates Simon’s Cat’s dedication to security and confidence in employing Floki’s locker protocol, which has received...

On August 21, hackers hacked McDonald’s official Instagram page and executed a scam that resulted in over $700,000 in stolen Solana. They used the popular social media account to promote a fraudulent memecoin named “Grimace,” inspired by McDonald’s purple mascot. The attack started with McDonald’s Instagram account being seized and used to spread information on the fake token called GRIMACE. Screenshots posted on X revealed that the hackers were able to create multiple posts that spammed the...

Binance has officially introduced DOGS (Dogs) as the 57th project in its Launchpool program. DOGS is a memecoin based on the Ton blockchain and is popular within the Telegram community. It is set to be listed on Binance, with trading expected to commence on August 26, 2024. This marks DOGS as the first of its kind to be featured on Binance’s Launchpool. The Launchpool activity enables users to stake BNB and FDUSD to receive DOGS tokens. The staking process will commence on 23rd August 2024...

Pump.fun has launched on the Tron blockchain to allow users to deploy memecoins easily. It comes with a vetting process to prevent pump and dump scams witnessed on competition platforms. Justin Sun-associated DeFi platform Sun.io has released SunPump, a memecoin generator allowing users to launch tokens effortlessly. This platform comes as competitor pump.fun, operating on the Solana network, has become the heart of the memecoin narrative over the past few months. The Solana-based memecoin...

Vitalik Buterin donates 200 ETH ($524K) to the Animal Welfare Fund. This donation aligns with Buterin’s idea of using cryptocurrency for charitable causes. Ethereum co-founder Vitalik Buterin has once again used digital currency to make a major charitable donation. Buterin recently sold 40 ETH worth of Neirodog meme coins, totaling around $533K, and distributed the profits to several charities. This donation is part of Buterin’s larger plan of directing proceeds from animal-themed meme coins...

A Donald Trump-themed memecoin called Restore the Republic (RTR), rumored to be backed by the former US President and current Republican presidential candidate, rose to a market cap of $155 million hours from launch. It then lost 95% of that value after Donald Trump’s son, Eric Trump, clarified it was not backed by the former president. The crypto ecosystem was pumped and awaited an official Trump memecoin as Eric Trump took to X earlier in the week, leaving a message about such an asset. In...

Celebrity memecoins deployed on the Solana network’s pump.fun protocol have tanked severely. Nearly all value has been erased from these projects, leaving investors and the fans of the celebrities the tokens were modeled after experiencing tremendous losses. While some of these projects took a few months to drop, many were pump and dump scams, leaving users in the dirt hours after their launches. The ones that made it a while did not do so for more than 3 months, depicting how the lack of...

Windows-based systems worldwide suffered outages as their users reported them entering recovery mode while flashing the infamous blue screen of death (BSOD). The issue was reportedly caused by an automated CrowdStrike update that went wrong. Memecoins emerged shortly after, poking fun at the global fiasco that caused many businesses and institutions to halt work or find workarounds to operate. Industries across the board were affected, including banking, aviation, finance, and railways. No...