The ‘WAGMI’ mentality is undermining crypto

In 2021, it seemed as if 10 new Disneys — and the next 20 Picassos — were emerging from blockchain and various nonfungible token (NFT) collections.Exorbitant NFT values that year signaled strong belief in many projects. But two years later, those “next Disneys” have delivered little. The s ...

Robinhood meme stock punters denied class suit certification

Investors pursuing legal action against Robinhood over trading restrictions imposed in early 2021 have faced another setback in court after the Florida Southern District Court rejected the request for class certification by the plaintiffs on Nov. 13, 2023. Chief Judge Cecilia M. Altonaga s ...

Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim

The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project.In a Nov. 13 X (formerly Twitter) ...

FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

Bitcoin's (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins, including Floki (FLOKI), which has beaten its top rivals in percentage gains.FLOKI price up 140% amid Bitcoin ETF hype, TokenFi launchAs of Oct. 27, FLOKI had surged over 140% to $0.00004261, ...

Is Bitcoin overheated? Some believe the answer is hiding in PEPE

Could Bitcoin (BTC) be headed for an imminent pullback? Some crypto market observers believe the answer could be hiding within the price action of a frog-themed memecoin.In an Oct. 27 post on X (formerly Twitter), Onchain Capital co-founder and Crypto Banter host Ran Neuner suggested that ...

OpenSea Responds to Accusations Involving Former Employee in AnubisDAO Incident

OpenSea, a well-known non-fungible token (NFT) platform, has responded to recent accusations on social media regarding the involvement of a former employee in the AnubisDAO rug pull incident of 2021. The accusations, made by an anonymous account called NFT Ethics, suggested that Kevin Pawlak, a form ...

Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up

The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the 1 million mark in a meteoric rise since its relaunch. The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 900, ...

Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up

The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the one million mark in a meteoric rise since its relaunch. The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 90 ...

Can PEPE make a comeback? Traders, analysts and Pepe maxis weigh in

The biggest new memecoin of 2023, Pepe (PEPE) suffered one of the worst possible fates that can befall a new crypto asset; a partial rug pull — after its anonymous developers abruptly sold nearly $16 million worth of the token on Aug. 24. The official Pepe X (formerly known as T ...

PEPE price to zero? Pepecoin rug-pull allegations put memecoin at risk

Pepecoin (PEPE), once an extremely profitable memecoin, has plunged by more than 80% four months after its record high. Now, technicals suggest that the memcoin could be at risk of even bigger losses in the coming weeks or months.Pepecoin faces rug pull allegationsOn Aug. 24, severa ...

Drama Unfolds as $16 Million Worth of PEPE Tokens Abruptly Withdrawn from Multisig Wallet

The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed, with the finger being pointed at three ex-team members who went rogue. On Aug. 24, the price of PEPE plunged by roughly 15% amid fears of a potential rug ...

PayPal stablecoin launch sparks wave of fake PYUSD tokens

Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens.According to data from decentralized exchange scanner DexScreener, nearly 30 ...

Korean superconductor LK-99 joins memecoin craze

Last month, a team of South Korean scientists claimed to have engineered a superconducting material, dubbed LK-99, that works under ambient temperature and pressure. In layman’s terms, the team allegedly created a material allowing electrical currents to flow without resistance or energy lo ...

Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy

Crypto Twitter has been abuzz with debate after a new conspiracy theory has suggested FTX founder Sam Bankman-Fried may be secretly behind one of the most controversial new memecoins on Base.The BALD memecoin, which draws its namesake from a humorous reference to Coinbase CEO Brian Armstro ...

BALD token developer denies rug pull as price falls 85% post-launch

A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled 1,034 Ether in liquidity, worth approximately $1.9 million, from the market, according to social media reports and blockchain data. The developer for Bald (BALD) denied making any market sales of the coi ...

Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO

Memecoin madness has arrived on Coinbase’s Ethereum layer-2 scaling solution Base, bringing with it everything from remarkable shitcoin surges to classic token rug pulls.On July 30, memecoin traders were snapping up a suite of questionable tokens on Base, with one Brian Armstrong-the ...

Pond0X token launch snafu leads to millions of dollars in losses

The launch of memecoin Pond0x has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestro trading app shows that the Pond0x (PNDX) token reached a price of $0.36 before collapsing to near zero in a span of five minut ...

UFO hearing: Crypto degens spare no time crafting 50 alien shitcoins

Crypto degens have been quick to try and capitalize on a widely-watched hearing where former United States government officials have claimed the existence of alien spacecraft and “biologics."Testifying under oath at the House Oversight Subcommittee on National Security, David Grusch, ...

Reading the Elon Musk ‘tea leaves’ — Is Dogecoin coming for Twitter?

A subtle change in Elon Musk’s Twitter bio after his platform’s rebrand to “X” has again fanned the flames of speculation that Dogecoin (DOGE) may have a future on the platform.On July 25, eagle-eyed Twitter (now X) users began pointing out that Elon Musk’s pr ...

Navigating the crypto maze: A call for standardized social token minting

The world of cryptocurrencies has witnessed a surge in the creation of community coins, often utilizing popular names like Elon Musk, Tesla and Andrew Tate, or even memes like Pepe. Unfortunately, these coins often have no real connection to the individuals or entities they reference, lead ...

Pepecoin (PEPE) vs. Dogecoin (DOGE): Is a flippening on the horizon?

A few months ago Pepecoin came and went, bringing quick, unimaginable riches to early investors and turning latecomers into reluctant bag holders. While the chart resembles the standard crypto pump-and-dump scheme, Pepecoin’s (PEPE) price action this week suggests that the frog-theme ...

Twitter suspends memecoin-linked AI bot after Elon Musk’s ‘scam crypto’ claim

Twitter has suspended the account of the popular memecoin-linked artificial intelligence-powered bot “Explain This Bob” after Elon Musk alleged it was a “scam crypto account.”Musk alleged the account was a scam in a tweet on June 18 in a reply to the bot; the accoun ...

SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits

A number of memecoins drawing their likeness from the United States Securities Exchange Commission (SEC) and its chair Gary Gensler have seen a sharp spike in price following the regulator's lawsuits against crypto exchanges Coinbase and Binance.One such token is Good Gensler (GENSLR) whic ...

Google searches for ‘crypto’ fall to 2020 levels as BTC sentiment neutral

A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels.According to data from Google Trends, the term “crypto” currently has a score of 17, which is well of ...

Elon Musk’s Support Extends the Life of Dogecoin, Surprising Binance CEO

CZ expected DOGE to disappear But Elon Musk took on the token Binance CEO, Changpeng Zhao, is surprised that Dogecoin has not yet disappeared and Elon Musk has extended the memcoin's life. "One memcoin that really surprised ...

PEPE Coin Market Cap Surpasses $1 Billion Despite Warning of No Intrinsic Value

This comes after Binance announced the listing of the token Since April 14, PEPE has grown by 4000% And in the last 24 hours it has grown by almost 100% It now ranks 42nd on coinmarketcap The Pepe memcoin has grown by 85% in the last 24 ho ...

Memcoin Market Update: Pepe Token Surges While Dogecoin and Shiba Inu Struggle

While the meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) could not hold their gains, the token Pepe (PEPE) staged a spectacular rally. While other memcoins echoed the dynamics of bitcoin (BTC) last  weekend. The PEPE token, inspired by the Pepe the Frog meme, suddenly ranked 17th by daily tra ...