MEME COIN
Bitfinex to List Ethereum-Based Memecoin TURBO
Bitfinex announces the listing of Turbo (TURBO), an Ethereum-based memecoin created with ChatGPT, with trading set to commence on August 1, 2024.
BNB Chain Launches "Meme Innovation Campaign" with $1M Incentive for Developers
BNB Chain's new "Meme Innovation Campaign" aims to invigorate the meme token sector by offering $1 million in rewards for developer projects until May 9.
Memeland (MEME) Launches Zero-Fee Social Staking Protocol Stakeland
Stakeland is introduced as a community-first social staking platform by Memeland, aiming to empower the $MEME ecosystem with zero fees.
Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze
The public domain's "Steamboat Willie" Mickey Mouse version has sparked the creation of popular NFTs and meme coins, marking a new era in digital art and copyright freedom.
Trader Spends $118k in Ether on Memecoin
A single trader has spent $118,000 in gas fees on the Ethereum network to purchase $155,000 worth of memecoin called Four (FOUR). The trader paid $119,157 in Ether (ETH) for a Uniswap trade of 84 Wrapped Ether (WETH) for 13.8 billion FOUR tokens. The rise in gas fees has caused debates in the crypto community over its impact on mass adoption.
WSB Token Team Member Allegedly Dumps Coins
A team member of the WSB Coin token project, which claims to be the official memecoin of Wall Street Bets, has allegedly dumped a large portion of the coins just days after its launch. The on-chain data showed that the moderator, zjz.eth, sold WSB coins worth around $635,000, resulting in a massive drop in the token's price. The incident has raised concerns among the community members, who warned others not to buy the dip as the moderators still have access to 10% of the total supply.
KuCoin User Linked to Memecoin Scams
Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockchain explorer Etherscan.
Ethereum Network's Gas Fees Skyrocket Amid Memecoin Frenzy
Ethereum's gas fees have hit a new multi-month high due to the growing memecoin frenzy. While this has brought in more revenue for the network, it has also caused congestion and difficulty in processing transactions.
Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates
Billy Markus, the iconic founder of the Dogecoin (DOGE) memecoin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through memecoin creations.
Shiba Inu Announces Metaverse Initiative Codenamed "Shiberse"
Shiba Inu announced the launch of the Shiberse, a metaverse world that will be focused on redefining the incentivization model for its growing community.
Growth of Memecoins Shows the "Power of Decentralization": CZ
Changpeng Zhao, the Chief Executive Officer of Binance, known on social media as “CZ”, said in an interview with the Associated Press that the growth of memecoins, particularly Dogecoin is a direct reflection of the “power of decentralization.”