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In the cryptocurrency market, the latest halving event has surprisingly not put Bitcoin in the spotlight. Instead, meme coins, particularly those with canine themes, have surged dramatically over the weekend.
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Cryptocurrency exchange OKX has expanded its offerings by introducing two trending meme coins, Dogwifhat (WIF) and Cat in a Dog’s World (MEW). This move capitalizes on the growing popularity of meme-based digital currencies.
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A staggering 91% of meme coins on Coinbase’s Base platform have been found to have security vulnerabilities, putting users at risk of significant losses.
This comes after the Dencun upgrade, which has seen a surge in user numbers, transactions, and total value locked on Base.
A recent Solana (SOL) meme coin pre-sale turned sour for investors, leading to a price crash and highlighting ongoing concerns about project security.
Over the past few weeks, Solana has seen a surge in the popularity of various meme coins.
The Solana-based meme coin, Dogwifhat (WIF), continues its remarkable upward trajectory, entering the top 30 cryptocurrencies by market cap.
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Ethereum co-founder Vitalik Buterin sheds light on the potential societal benefits of meme coins, addressing the cryptocurrency community’s mixed feelings towards this unique asset class.
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The Financial Conduct Authority (FCA) in the United Kingdom has issued a warning to firms and social media finfluencers about the legality of their online advertisements.
This comes amid growing concerns over promoting financial services through memes, reels, and gaming streams.
The developer behind the BALD meme coin has incinerated 600 million tokens, obliterating approximately 60% of its total supply.
This drastic action took place over a five-hour span, catapulting the meme coin’s value by a staggering 60% and sending ripples through the cryptocurrency market.
DAO Maker has achieved a remarkable feat, securing nearly $100 million in a presale for the PUNDU meme coin.
The significant investment contributed within 36 hours reflects a pronounced appetite for high-risk ventures in the crypto market.
Altcoin trader Rekt Fencer has caused a stir with his candid revelation on achieving a staggering 1,000X gains through meme coins.
Fencer’s strategy, centered on the concept of ‘sniping’ new token launches, is allegedly profitable even for those with investors modest capital.
In recent months, memecoins popularity surged within the crypto ecosystem. These assets had captured community attention with their origins rooted in beloved internet animal memes and shared interests among various crypto communities.
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BlackRock, in partnership with Securitize, has launched the USD Institutional Digital Liquidity Fund (BUIDL). This innovative offering aims to provide qualified investors an opportunity to earn US dollar yields by leveraging blockchain technology.
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Crypto traders are transitioning from Solana-based meme tokens to the growing market of Coinbase’s Base meme coins.
This movement reflects a broader trend in the industry, where liquidity and market sentiment drive investment decisions.