Bloomberg Brings Memecoins Mainstream
Written by Nick O'Neill
Bloomberg Brings Memecoins Mainstream
Avalanche’s social fi app Stars Arena unveils governance token $ARENA along with plans to distribute 2.56 billion tokens to current and future users
For the first time since March 1st, BTC experiences outflows that outpace inflows with GBTC leading the move through a hefty $642M outflow, resulting in a net $605M outflow
After dev mistakenly burns presale holders tokens along with LP, $SLERF trades more than $2.5B volume, gets 15 CEX listings, touches $750M market cap, and has the highest liquidity of any SOL memecoin – Currently at $380M market cap
Majors nuke overnight with SOL leading the plunge, down 15% to $175, erasing most of its gains over the last 7 days
Trevor from Pizza Ninjas announces free open edition Ordinal mint open to any Ninja, Runestone, and Wizards of Ord holder who hasn’t listed their assets
Many presale tokens released over the weekend bleed on Monday led by $BOME dropping 60% from its peak to a $672M market cap
Bloomberg Technology analyst discusses the performance of $BOME, $WIF and $DOGE memecoins mentioning that most of the action takes place on Solana
Memecoins continue to drive SOL dex volume as Raydium, Jupiter, and Orca surpass Uniswap V3 in 24-hour volume on Monday
Pups announces upcoming their $PUPS rune will have a significantly higher supply than the anticipated 10M tokens as “Phase 3 commences” – $PUPS BRC20 up 7% to 4.60
After promising an airdrop for beta users, SEI NFT marketplace Nut Market receives 2.5M requests and over 63K signups within 30 minutes
Former Binance CEO CZ launches Giggle Academy, a free, gamified education platform for grade 1-12 students that incorporates soulbound blockchain tokens
Juice Finance, a yield and point farming DApp on Blast, secures an additional $1M from prominent investors, including Dingaling, Delphi, Cozomo, and Spencer, building on their $6M raise in February
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