Breaking News: MEMECOINS – Market Insights, Analysis & Latest Updates

Ethereum mainnet issues drive users to Layer 2s and Solana, analyst says

Ethereum’s infrastructure limitations are leading users, applications, and capital to migrate to Layer 2 solutions and competing blockchains like Solana, an analyst said. Another analyst noted that liquidity fragmentation across Ethereum’s Layer 2 networks poses a risk to market efficiency.

theblock.co • 28/10/2024 - 18:06 PM

MEMECOINS

Marc Andreesen shoutouts help AI-powered VC fund ai16z to nearly $100 million market cap

An AI-powered VC fund called ai16z on the nascent platform Daos.fun reached a nearly $100 million market cap after a shoutout from the a16z partner after which it’s modeled, Marc Andreessen. The fund’s market cap has since declined to about $50 million, though volatility remains high. The fund’s creator says the plan is to have the AI run the fund based on input from DAO members, weighted by their token holdings and the quality of their prior recommendations.

theblock.co • 27/10/2024 - 18:39 PM

AI memecoins endorsed by the Truth Terminal chatbot see double-digit price drop

Major AI memecoins face price drops, led by Goatseus Maximus. Its endorsements fuelled hype, but overall market capitalization decreases indicate cooling interest in crypto and AI fusion.

theblock.co • 25/10/2024 - 15:18 PM

Arbitrum-based crypto derivatives trading protocol Variational raises $10.3 million in seed funding

Variational, a crypto derivatives protocol on Ethereum's Layer 2, raised $10.3 million. Plans include launching mainnet and token in 2024-2025, expanding beyond Arbitrum.

theblock.co • 23/10/2024 - 14:30 PM

The Daily: Stripe acquires stablecoin platform Bridge for $1.1 billion, crypto markets 'scream risk-on' and more

Stripe acquires Bridge for $1.1 billion; crypto market shows risk-on sentiment; Japan proposes reduced crypto tax rates; Transak suffers data breach affecting 57,000 users.

theblock.co • 21/10/2024 - 17:37 PM

Bitcoin ETF inflows, crypto equity markets and retail trading sentiment are 'screaming risk-on,' Bernstein says

Analysts observe bullish sentiment for Bitcoin as ETF inflows rise, retail trading increases, and memecoins gain popularity, while the market reacts to potential political influences on crypto policy.

theblock.co • 21/10/2024 - 10:01 AM

MEMECOINS

Pump.Fun planning to launch a token in the future: X Spaces

Pump.Fun launches an advanced trading terminal and plans a new token launch, aiming to attract power users and reinvest revenues, with ambitions of significant growth.

theblock.co • 19/10/2024 - 20:41 PM

The Daily: Trump-backed DeFi project claims 100,000 signups, Harris vows to support crypto legal framework for Black men and more

Donald Trump-backed World Liberty Financial claims 100,000 signups. Kamala Harris proposes crypto protection for Black men. Political shift to Republicans fuels $407M in crypto fund inflows.

theblock.co • 14/10/2024 - 18:21 PM

Google weekly relative search volume for 'bitcoin' hits lowest level in a year

Despite a price surge, Bitcoin's search interest on Google reached its lowest since October 2023. Other crypto terms show mixed trends, indicating fluctuating market sentiment.

theblock.co • 14/10/2024 - 12:12 PM

MEMECOINS

Blockchain sleuth ZachXBT's doxxing of 'memecoin supercycle' promoter Murad Mahmudov's addresses sparks crypto community debate

Blockchain sleuth ZachXBT claims to have uncovered 11 wallets tied to memecoin investor Murad Mahmudov, posting the addresses on social media. ZachXBT argues such transparency is needed to ensure holders of a significant proportion of a memecoin’s supply don’t end up “dumping” on their followers. The move has sparked significant debate in the crypto community on whether such “doxxing” activity is warranted in this case or is just par for the course on public blockchain ledgers.

theblock.co • 10/10/2024 - 16:32 PM

Currency