An investigation carried out by blockchain sleuth Zackxbt has found that the trend where individuals ask for funds on social networks and promote their meme coin launches has grown in popularity. Almost $ 150 million has been raised on Solana after Book of Meme (BOME), the token that pioneered this trend, launched earlier this …
Meme coin mania has taken a backseat in recent days as the speculation that drove viral tokens to billions in market cap cools off. With the broader crypto market also in the red over the past week, the air has come out of many of these meme-themed projects. However, one presale project that continues to […]
Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks. Despite shiba inu’s value dipping over 21% in the last week, the meme coin has […]
The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $ 100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of the foundation’s holdings, and more might …
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $ 22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $ 66. Transfers and Dex …