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BONK, a Solana-based meme coin, has been stuck in a tight range in the past 24 hours as it reaches a critical junction that will determine whether a rally occurs in the coming days.
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Key Takeaways
On-chain researcher ZachXBT uncovers wallets across Ethereum and Solana tied to Murad Mahmudov.
Murad Mahmudov’s wallets revealed, prompting the market to keep a close eye on his next moves.
A Solana (SOL) trader who initially invested a mere $800 in the popular Solana-based meme coin, Moo Deng, has realized unreal gains, with profits soaring to approximately $10 million.
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Key Takeaways
Moodeng’s market value increased by 480% following social media support from Vitalik Buterin.
Meme coins dominate as Popcat and Moodeng push market cap toward $55 billion.
Solana wasn’t spared the hammering of early October. As of October 4, there are pockets of strength, but the downtrend remains. While the focus is on price, on-chain data shows that Solana is leading and dominating other blockchains.
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Billionaire investor and Shark Tank star, Mark Cuban recently declared that all meme coins are rug pulls in a podcast. However, this statement contradicts his well-known support and love for Dogecoin (DOGE), the first-ever meme coin and one of the most popular cryptocurrencies in the market.
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Key Takeaways
Diddy has hired Alexandra Shapiro, who also represents Sam Bankman-Fried, for his bail appeal.
The judge denied Combs’ $50 million bond, citing public safety concerns.
Ethereum remains by far the largest smart contracts platform by market cap. Perched at second in the market cap leaderboard, the network hosts dapps cutting across multiple sectors.
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Photo by Lillian Suwanrumpha/AFP/Getty Images.
Key Takeaways
Moo Deng memecoin reached a $300 million market cap shortly after launch.
An initial $800 investment in Moo Deng grew to $3.5 million in just 15 days, according to data from Arkham.
Solana, mirroring the performance of Bitcoin and its main competitors, BNB and Ethereum, is firm at press time. Although gains have not been sharp, SOL bulls are shaking off weaknesses.
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TRX, the native currency of the Tron network, is steady at press time and trending at around all-time highs. After the explosion in Q3 204, the uptrend remains, and buyers are confident that there will be more gains in the coming days.
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Key Takeaways
Diddy and SBF are housed together in a Brooklyn federal jail unit designed for high-security needs.
Both individuals face serious charges, highlighting the diverse legal issues within high-profile cases.
Following the success of multiple tokens launched on the blockchain in 2023, Solana meme coins have become a major staple of the crypto investing community.
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