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CATEGORY: frenzy


Aug 24, 2024 05:50

Tron-Based SUN Token Skyrockets 197% As SunPumps Momentum Continues

The memecoin frenzy has reached the Tron Network after the launch of Pump.funs rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week. The platforms remarkable performance in the past two weeks has propelled the network, TRX, and the SUN ecosystem. As a result, [...]

The post Tron-Based SUN Token Skyrockets 197% As SunPumps Momentum Continues appeared first on Crypto Breaking News.

Pump.fun hits record $28.7 million monthly agreement income for July

Author: Cointelegraph by Zoltan Vardai
United States
Aug 14, 2024 12:00

Pump.fun hits record $28.7 million monthly agreement income for July

The memecoin creation platform's record monthly income showcases the growing retail interest towards Solana-based memecoins like WIF and BONK.

Dogwifhat (WIF) hits new monthly high after 40% price rally

Author: Cointelegraph by Nancy Lubale
United States
Jul 19, 2024 12:00

Dogwifhat (WIF) hits new monthly high after 40% price rally

WIF rallies to a monthly high after a 7-day bull run added 40% to the memecoins value.

Jun 30, 2024 02:15

Flower Frenzy: New Telegram Game Offers Token Rewards for Gardening


Gala Games introduces Flower Frenzy, a Telegram clicker game where users plant flowers to earn token rewards. Start your gardening adventure today! (Read More)

Trader turns $2.2K of SOL into $2.26M in 8 hours with new memecoin

Author: Cointelegraph by Zoltan Vardai
United States
May 21, 2024 12:00

Trader turns $2.2K of SOL into $2.26M in 8 hours with new memecoin

The trader made an over 993x gain on their initial investment, spurring insider trading allegations.

Apr 22, 2025 05:55

Unraveling the $12 Billion VOXEL Frenzy at Bitget: What Happened Next?

In the world of cryptocurrency, the highly anticipated Bitget Voxel Frenzy failed to meet expectations, leaving many with unanswered questions. Despite the initial hype surrounding the event, issues arose that led to its underwhelming outcome. The Bitget Voxel Frenzy was set to revolutionize the crypto space, but technical difficulties and organizational mishaps dampened the excitement. [...]

The post Unraveling the $12 Billion VOXEL Frenzy at Bitget: What Happened Next? appeared first on Crypto Breaking News.

Mar 14, 2025 12:05

Solana (SOL) Retests Crucial Support Level Is A 50% Price Drop On The Horizon?

Solana (SOL) has seen a nearly 40% retrace over the past month, losing key support levels since February. As its price retests a key horizontal level, some analysts warn of a potential 50% correction to a yearly low. Related Reading: Solana Falls Under Realized Price: Heres What Happened Last Time Solana Loses Key Support Level Solana has been one of the leading cryptocurrencies of the cycle, fueled by the markets memecoin frenzy. The altcoin climbed over 270% in a year to its latest all-time high (ATH) of $270, registered nearly two months ago. Nonetheless, SOLs bullish sentiment has significantly decreased since January, recently plummeting to its lowest point in over a year. As a result, the cryptocurrency has dropped over 50% from its January 19 ATH. Solana lost the key $200-$220 support zone at the start of last month, with the February market crashes sending SOL to retest its next crucial levels. After losing the $180 mark two weeks ago, its price hovered between the $130-$150 range, surging to the $179 mark at the start of March. This weeks market correction, which saw Bitcoin (BTC) drop to $76,000 for the first time in four months, has sent Solana to new monthly lows. On Tuesday, SOLs price briefly dropped to $111, a level not seen since the August 2024 market crash, before bouncing back to $125. Amid the ongoing retest, pseudonym trader Crypto Busy warned that SOL must hold this crucial support to maintain a bullish sentiment above $100. Crypto analyst Ali Martinez previously noted that the most crucial zone for Solana appears to be between $110 and $125, as this horizontal level served as a key support during its 2021 and 2024 rallies. The analyst suggested that holding above this range could be key for the next move. SOL Price Risks Move To $60 Martinez also pointed out that Solana could be on the verge of a breakdown, as it has broken below its key level. According to the post, SOL risks a 50% crash to the $60 mark if it fails to hold the $125 support zone. The analyst highlighted that the cryptocurrency has been forming a right angle ascending broadening pattern since March 2024, when it first reclaimed the level during this cycle. During this period, every higher high on Solanas chart has created a rising trendline at the top of the pattern, while the $125 support has held as a strong horizontal support trendline. Related Reading: Ethereum Risks Another 15% Correction After Fall Below $2,000 Whats Next For ETH? However, SOLs break below this horizontal zone has increased the odds of a 50% price correction to the Q4 2023 levels. Additionally, Martinez recently warned of a potential correction based on Solanas trading pair against Bitcoin, which started to resemble ETH/BTCs chart. The analyst suggested that the SOL/BTC chart was looking like Ethereums trading pair against BTCs past price action, adding that if it continued to follow this pattern, the SOL/BTC chart could see a drop to the 0.0008 region. After the recent price action, the trading pair hit a 15-month low of 0.0014624 on Tuesday. As of this writing, Solana trades at $124, a 14% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Mar 02, 2025 05:50

Top Trends in February: SEC Resolves 6 Cases, Memecoin Frenzy Subsides, and Other Major Developments

In February, the SEC dismissed cases against meme coins, resulting in a cool-down for these digital assets. This move by the SEC had a significant impact on the cryptocurrency market, as meme coins have been a hot topic of discussion lately. The decision by the SEC to drop these cases has brought some relief to [...]

The post Top Trends in February: SEC Resolves 6 Cases, Memecoin Frenzy Subsides, and Other Major Developments appeared first on Crypto Breaking News.

Feb 24, 2025 06:00

Michael Saylor Drops Hint About Reviving Bitcoin Buying Frenzy

MicroStrategy CEO Michael Saylor is considering a possible return to buying Bitcoin, hinting at potential further investments in the leading cryptocurrency. Speaking during a recent interview, Saylor revealed that the company is evaluating its options regarding acquiring more Bitcoin to add to its already considerable holdings. Saylor’s comments come as Bitcoin experiences a period of [...]

The post Michael Saylor Drops Hint About Reviving Bitcoin Buying Frenzy appeared first on Crypto Breaking News.

Feb 14, 2025 12:05

CZ Sparks Memecoin Frenzy With Dog Picture: Four.Meme Starts Token Betting Event

Binance founder Changpeng Zhao, also known as CZ, has taken the crypto market by storm after sharing his dogs name and picture. The announcement sparked the launch of multiple tokens inspired by the pet and was further fueled by BNB Chains memecoin launchpads name-guessing contest. Related Reading: BNB Flips Solanas Market Cap Amid Market Retrace Breakout To $700 Coming? CZ Sparks Memecoin Frenzy On Wednesday, Changpeng Zhao acknowledged the cycles memecoin frenzy after an X user asked if he had a dog. The Binance founder revealed he had not a Shiba Inu, but a Belgian Malinois, which resulted in the crypto community asking for the name and picture of his dog. CZ inquired about how it would work if he shared the information, asking if people would create memecoins based on the dog, how investors would know which one is the official token, and if it even mattered. He joked he would mull whether to respect his privacy, or dox the dog for the cause, sparking massive speculation about an official memecoin launch. On Thursday, CZ shared on X that he would officially share his dogs picture and name at 8:00 PM Dubai time, or 4:00 PM UTC, sending investors into a frenzy over the upcoming post. Community members launched several tokens with the possible names of CZs four-legged companion, some reaching up to $60 million in market capitalization. Arkham noted that the two frontrunner tokens on the BNB chain, BROWNIE, and PERRY, significantly surged on Thursday morning. Remarkably, an investor made over $1 million with less than a $12,000 initial in 12 hours. Four.Meme Kicks-Off Token Event BNB Chains token launchpad, Four.Meme joined the frenzy, announcing a CZ Dog Name Meme Token Betting Event. According to the X post, the tokens with the same then-unknown name of CZs dog would be part of a competition. The tokens created today before 4:00 PM UTC would be eligible to participate and become the next big meme. The announcement detailed: 30 minutes after CZs post, the highest market cap token on Four.Meme wins! The winners token will have its tokens in LP revenue regularly burned by Four.Meme! At 4:12 UTC, the Binance founder shared a picture with his dog, Broccoli. The dog was named after the vegetable because he wanted a name that started with B and has some green in it. CZ wrote that he and Broccoli bonded over their difficulty socializing, adding that the dog helped him get a good break from the intense negotiations with the DOJ back then. He also stated that he never imagined his pet would be part of the blockchain ecosystem, adding that theres never a dull day in crypto. Broccoli Immortalized In The Blockchain CZ clarified that he was just posting his dogs pictures and name and not issuing a memecoin himself. He considered it was up to the community whether to launch a token. The BNB foundation may provide rewards for the top memes on the BNB Chain, giving LP support or other rewards, but the details are still being discussed. After the Pet reveal, the tokens guessing Broccolis name plummeted, with the leading memecoin falling from a $22 million market cap to less than $1 million in less than a minute. Related Reading: Bitcoin Finds Price Stability: Reclaiming $101,000 Depends On This Level Meanwhile, the creation of memecoins inspired by CZ pets real name spiked, with several BNB Chain and Solana-based tokens flooding DexScreeners feed. At the time of writing, CZs Dog (BROCCOLI), launched a minute after Zhaos post, has become the largest gainer. The memecoin reached a $300 million market capitalization minutes after being created and is currently trading at $0.0745, with a $75 million market cap. The winning token of the Four.Meme contest is yet to be announced. Featured Image from Unsplash.com, Chart from TradingView.com

Apr 12, 2023 06:55

ApeCoin Experiences Sharp Price Surge on South Korean Exchange


Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange. (Read More)

Nov 29, 2024 05:50

Latest Memecoin Sensation CHILLGUY Hits $0.65 ATH, Whats Behind The 80% Rally?

A new Solana-based memecoin has stolen the crypto markets spotlight after surging over 80% in seven days to a market capitalization above the $600 million mark. After its remarkable performance, the latest internet sensation continues to grow in popularity, recently scoring two major exchange listings. Just A Chill Rise To $0.65 This cycles memecoin mania [...]

The post Latest Memecoin Sensation CHILLGUY Hits $0.65 ATH, Whats Behind The 80% Rally? appeared first on Crypto Breaking News.

Solana memecoin trader turns $160 into $5.6M with viral token

Author: Cointelegraph by Ezra Reguerra
United States
Nov 28, 2024 12:00

Solana memecoin trader turns $160 into $5.6M with viral token

Onchain data shows that the trader holds 9.62 million CHILLGUY tokens, worth about $5.6 million at current market prices. 

Nov 16, 2024 12:05

Analysts Bullish On Dogwifhat (WIF) $5 Target As Price Retests $4 Resistance

Solana-based Memecoin Dogwifhat (WIF) is among the tokens leading the crypto market. The cryptocurrency surged over 40% in the last 24 hours, breaking above the $4 resistance zone following its Coinbase listing. As a result, some market watchers forecasted a massive WIF rally before year-end. Related Reading: Market Pricing In A Higher Fair Value For Bitcoin As Price Discovery Continues Dogwifhat Rallies 40% Amid Coinbase Listing Dogwifhat has been one of the best-performing memecoins of this cycle, seeing a 2000% surge to its $4.83 all-time high (ATH) in March. The token led the Solana meme frenzy during Q1 but faced a significant 66% price drop in the following months while the market retraced. As the crypto market regained momentum, the token broke above the crucial $2 resistance zone, reclaiming this level as Q3 closed. Since Trumps victory in the US presidential elections, WIF has joined the markets broader rally, breaking out of an 8-month downtrend. WIFs reclaim of the $3 mark earlier this week fueled investors bullish sentiment as the token reached levels not seen since June. Moreover, the cryptocurrency experienced a massive 40% rally in the last 24 hours after being listed on a major crypto exchange. On Wednesday, Coinbase announced the listing of Dogwifhat alongside frog-themed memecoin PEPE. The news propelled a massive rally for the dog-themed token, sending its price from the $2.93 weekly low to the $4.00 resistance level. On Thursday morning, the memecoin rallied toward the $4.30 mark, seeing its highest price since early April. Since the listing news, WIF has tried to turn the $4 resistance into support, briefly losing the level as Bitcoin (BTC) retraced to $87,000. Despite the momentary retrace, Dogwifhat remained among the best-performing cryptocurrencies among the top 100 list, seeing a 9.9% increase in the last 24 hours, while the broader market bleed 2.2%. WIF To $5 By Christmas Day? Following its massive performance, some market watchers forecasted a $5 target for the cryptocurrency. Trader Koala suggested that WIF would see a deviation from its 24-hour $3.90-$4.30 range. After the deviation, the analyst stated that the memecoin could see a bounce from the ranges lows toward the range highs before moving toward the $5 zone. The token has momentarily recovered from the drop below $4, trading at the ranges lower levels, just 16.4% below its ATH. Meanwhile, another market watcher suggested that Dogwifhat could see a rally like Shiba Inus (SHIB) 2021 run. X user Sito noted that SHIB rallied 1800% after being listed in Coinbase, reaching its ATH of $0.00008616 42 days later. Related Reading: Dogecoin Frenzy Arrives In Korea: Kimchi Premium Returns Amid DOGEs 110% Rally Per the post, WIF could see its surge above the $50 mark if it performs similarly to SHIBs price action post-Coinbase listing. Sito pointed out that this would lead to WIFs price trading at $52 by Christmas day. Moreover, he detailed that SHIBs listing occurred towards the end of the previous bullish cycle, arguing that dogwifhats listing could be even more bullish as it would allow for more organic growth. As of this writing, WIF is trading at $4.05, a 71.6% surge in the last seven days. Featured Image from Unsplash.com, Chart from TradingView.com

Oct 09, 2024 12:05

Experts Discuss What Made Solana Memecoins The Cycles Top Narrative

During this cycle, Memecoins, especially Solana-based ones, became the leading narrative of the crypto market. These tokens have eclipsed investors attention and overshadowed the performance of many large-cap altcoins. Some experts weighed in on the markets performance over the last year, discussing what made meme-based tokens the cycles top-leading narrative, and what could be next for the industry. Related Reading: FET Gears Up for Gains: Bullish Momentum Eyes $1.8 Breakout The Value Of Solana Interjective Culture Coins Qiao Wang, co-founder of Alliance DAO, shared his thoughts on the market dynamics that led to each cycles top narrative. In the X post, he noted how theres an opportunity for retail to outperform professionals every cycle. The alpha is for retail to get involved at a time when there’s too much career risk for professionals to get involved. Retail investors outperformed professionals during the first cycle with simply Bitcoin, Wang explained. In the second cycle, investors took advantage of Ethereum’s narrative, while Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) became the leading retail opportunities during the third one. Solana and the intersubjective culture coins, as Wang called memecoins, have dominated the ongoing cycle. The meme-based tokens popularity has often been criticized for a lack of utility and substance, frequently resulting in a quick buck for their creators and a few early buyers. Nonetheless, Wang seemingly suggests that these tokens value relies on the shared culture behind them, an argument that experts and industry figures have discussed before. As reported by NewsBTC, crypto traders Ansem and Kel debated the value of memecoins in the Unchained podcast. In the interview, the traders explained theres value in memes and culture on the internet, which makes a comparison with other altcoins pointless. They added that the crypto community is very internet-centered as its members understand the financial aspect and are very knowledgeable about online culture. As such, crypto investors realized theres an opportunity to financialize meme virality in the industry. Additionally, they pointed out that the shared experience of relating is another crucial factor driving the craze of meme-based tokens, as seen with the communities of Solana-based memecoins like dogwifhat (WIF) and Popcat (POPCAT). Memecoins ‘Absorbed’ The Markets Energy On Sunday, Chris Burniske, the co-founder of Placeholder, also took X to weigh in on the memecoins frenzy. To him, Memecoins tendency to trigger is all you need to observe to know theyll be bigger than we expect in the expansion ahead. In the post, Burniske revealed that he considers the trend is clear as the cultural relevance NFT collections had in 2021 will be surpassed by some of the memecoin sensations of this cycle. It is worth noting that, on October 7, the total market capitalization of Solana memecoins surpassed $10 billion, as SolanaFloor reported. Solana co-founder Anatoly Yakovenko replied to Burniske, sharing his theory for why memecoins became the leading narrative. Yakovenko considers that the previous cycles were also 90% memes and 10% products. Related Reading: XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope However, he suggests that today, the sector has monopolized the energy that propelled different narratives during other cycles: My theory is that memecoins today have completely absorbed the meme energy that drove other cycles, like DeFi summer, Solanas co-founder noted. Based on it, Yakovenko believes that products must make it purely on value now, which could be a positive thing for the broader industry. As of this writing, Solana (SOL) is trading at $151, a 4% surge in the last 24 hours. Featured Image from Unsplash.com, Chart from TradingView.com

Dogwifhat price makes a comeback as WIF price rallies 76% in 30 days  Whats next?

Author: Cointelegraph by Nancy Lubale
United States
Oct 19, 2024 12:00

Dogwifhat price makes a comeback as WIF price rallies 76% in 30 days Whats next?

Dogwifhat price staged an over 70% rally over the past month as memecoin traders reset their positions.

Jan 04, 2025 12:05

Solana-Based Pump.Fun Records $15 Million Daily Revenue As Memecoin Mania Continues

Popular Solana-based Launchpad Pump.fun started 2025 with a record-breaking $15 million daily revenue amid the ongoing frenzy surrounding memecoins. The sector continues to be the best-performing narrative of the cycle, driving millions into the hands of investors. Related Reading: Altcoins To Explode In Early 2025: Analyst Says Grand Finale Is Around The Corner Pump.Fun Sees Record-Breaking Daily Revenue Memecoins have been this cycles largest narrative, with Solana-based tokens stealing the spotlight throughout 2024. This trend is seemingly set to continue this year after Solanas launchpad Pump.fun saw a record-breaking performance on January 1st, 2025. Last year, Pump.fun cemented itself as the most popular token launcher for simplifying the creation of memecoins and facilitating token deployment. During Q3 2024, the launchpad surpassed Ethereum and most Solana protocols, doubling the fees and revenue of these projects. The remarkable success of Pump.fun saw the creation of several competitors, including the Tron-based SunPump and multi-chain platform GraFun. Despite being banned in the UK in December, the launchpads performance remained steady, recording a daily revenue between $2 million and $3 million throughout the month. As of this writing, the platform has deployed 5.39 million tokens since its launch and generated over 2.02 million SOL in revenue, worth $418.7 million at current prices. Moreover, the Solana launchpad started 2025 with a new record-breaking day, surpassing its previous milestone. According to Dune Analytics data, Pump.fun registered 72,506 SOL, around $15 million, in daily revenue this Wednesday. This performance represents a nearly 30% increase from the 55,000 SOL recorded in late November. Additionally, the launchpad continued to dominate Solana decentralized exchange (DEX) transactions last month. Dune data shows that Pump.fun-related transactions accounted for 52.8% of all SOL DEX transactions in December. Memecoin Mania Continues Despite Criticism The platforms success has also brought heavy criticism. At the end of 2024, Pump.fun received criticism after several users broadcasted harmful and violent content using its Livestream feature. In late November, users created numerous memecoins using controversial prompts to become viral and pump their tokens. The trend started after a 12-year-old livestreamed himself rugging a memecoin. Amid the livestream chaos, the Solana launchpad registered its largest revenue day, recording 55,832 SOL, worth around $11 million, in a single day. However, the incident resulted in backlash from the crypto community and the temporary shutdown of the feature. Moreover, on-chain data analysis firm Lookonchain reported that Pump.fun deposited over 355,608 SOL to Kraken during the last day. This brings the total tokens sent to the exchange to 1,564,064 SOL and the amount sold to 264,373 SOL for 41.64 million USDC. The platforms transfers and sell-offs have also received significant backlash, with community members driving comparisons between the Solana-based launchpad and the Ethereum Foundation. Related Reading: Bitcoin Retests $95,000 Amid 4.2% Surge, Is A New Year Rebound Coming? Nonetheless, the memecoin narrative continues to dominate the crypto market, with the Solana Meme category on CoinGecko recording a 12.5% increase to a market capitalization of $20.9 billion in the last 24 hours, suggesting that the trend is likely to extend. Newer players like ai16z (AI16Z) and Fartcoin (FARTCOIN) saw an 8.9% and 43.7% daily surge to hit new all-time highs (ATHs) on January 2nd. Ultimately, these relatively new tokens have stolen the sectors spotlight, making it to the top 10 memecoin list in record time. Featured Image from Unsplash.com, Chart from TradingView.com

May 08, 2023 11:10

BRC-20 tokens creating a frenzy as users pour BTC into minting tokens

BRC-20 tokens have created a frenzy over the last few days. Users are pouring BTC to mint the token that is settled on the Bitcoin Blockchain via Ordinals inscription. Bitcoin sidechain Mintlayer CEO Enrico Rubboli however feel that the technology to mint the BRC tokens is “heavily flawed and isn’t in line with the axioms …

<p>The post BRC-20 tokens creating a frenzy as users pour BTC into minting tokens first appeared on CCNC | Cryptocurrency Newscast.</p>

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