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What is CryptoSlate Alpha?
A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›
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Memecoins are a controversial topic that I usually go out of my way to avoid. While some view them as a lighthearted way to engage with the crypto community, others see them as nothing more than a speculative gamble with no real value.
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Ethereum co-founder Vitalik Buterin spent April Fools’ Day writing both serious and playful content across the Ethereum website and his personal blog.
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Members of the Solana community and the crypto ecosystem denounced the recent surge in inflammatory memecoins on March 22.
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Liquid restaking platform EtherFi’s ETHFI token has faced considerable struggles since its airdrop, partly due to one of its early investors selling their airdropped tokens.
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Changpeng Zhao, the embattled co-founder of Binance, wants to launch a non-profit educational platform called Giggle Academy.
Zhao had earlier hinted about the project in a cryptic March 18 post on X (formerly Twitter), where he wrote:
“Launching a new project. No, no new tokens. Education project.
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There’s a misguided belief that memecoins are helping people out of poverty that I believe is really damaging to the space. More so, I think chains like Solana and Avalanche, which are seeing increased attention due to memecoin fervor, are incredibly overheated.
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Solana (SOL) broke new ground on March 15 after an 11% rally brought its market capitalization to a new all-time high of $82.5 billion at a price of $186.77 per token despite the overall downtrend, which saw the market contract by 4%.
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