Quick Breakdown Memecoin traders often lose money, while platforms like Pump.fun and Axiom capture massive profits. Pump.fun dominates Solana token launches, with nearly 13 million tokens created since 2024. Bots and trading tools drive rapid turnover, with hold times...
Thirteen wallets pocketed over $24.5 million from trading Kanye West’s newly launched YZY token before its price crashed, blockchain data from Nansen shows. The rapper launched YZY on Solana on Thursday, sparking a frenzy that saw the token soar...
Kanye West’s latest crypto venture, the YZY token on Solana, soared to a $3 billion market capitalization within 40 minutes of its launch on Thursday, before plunging to nearly a third of that value as questions about insider activity...
Oraichain Labs has officially launched LFG!!!, a new crypto trading wallet built for meme-coin hunters that blends artificial intelligence with high-leverage trading tools. Available on both iOS and Android, the platform is kicking off with a $1 million welcome...
Pump.fun is facing intensified legal action after an amended class-action complaint filed in the Southern District of New York alleged it functioned like an unlicensed casino, extracting over $5.5 billion from users through deceptive digital asset schemes. The lawsuit,...
Binance has launched a new token generation model within its Binance Wallet, adopting bonding curve mechanics to set token prices dynamically based on demand. The launch was announced on July 14 in collaboration with Four.Meme, a meme-focused ecosystem currently...
Tron founder Justin Sun is doubling down on his support for Donald Trump-themed crypto tokens, announcing plans to purchase an additional $100 million worth of the Official Trump (TRUMP) memecoin through his affiliated ventures. The announcement came on Wednesday,...
Gate.io has taken down a webpage detailing an upcoming token sale for Pump.fun, the Solana-based memecoin platform, sparking confusion among investors awaiting its debut. On Tuesday, July 8, WuBlockchain spotted what appeared to be a leaked listing on Gate.io’s...
Efforts to launch a spot Dogecoin exchange-traded fund (ETF) appear to be gaining momentum as issuers intensify engagement with U.S. regulators, raising market optimism for eventual approval. In recently amended filings, Bitwise Asset Management has updated its application with...
TikTok has publicly rejected allegations that its Chinese owners are investing in a memecoin associated with U.S. President Donald Trump, pushing back against claims made by California Representative Brad Sherman. The official TikTok Policy account responded Thursday via X,...
