Meme coins are cryptocurrencies driven by internet culture and social trends, often gaining value through community hype and viral attention rather than utility
Meme-coins
Meme coins are cryptocurrencies driven by internet culture and social trends, often gaining value through community hype and viral attention rather than utility
In the current meme-coin frenzy, traders are ditching Ethereum due to high gas fees, flocking instead to chains like Solana and Avalanche where coins like Bonk and Coq Inu are making astronomical gains.
Scammers employed a sophisticated scheme involving fake trading activity to trick traders into buying their tokens. They also used an advanced token smart contract to deceive even well established scam-detection mechanisms.
Scammers employed a sophisticated scheme involving fake trading activity to trick traders into buying their tokens. They also used an advanced token smart contract to deceive even well established scam-detection mechanisms.
In the current meme-coin frenzy, traders are ditching Ethereum due to high gas fees, flocking instead to chains like Solana and Avalanche where coins like Bonk and Coq Inu are making astronomical gains.
The meme-coin, after recently soaring in value, faced a steep decline following scam allegations. The fallout highlights the volatile nature of meme-coins, where fortunes can shift rapidly based on community sentiment and influencer statements.
Over 500 new GROK tokens have flooded the market, with top performers yielding 10,000% returns. The excitement is overshadowed by widespread scams, making trading a risky gamble.
Hayden Adams created HayCoin for testing five years ago (before Uniswap was launched) and only ever issued a tiny fraction as a liquidity pool. In the past few weeks it has been jumped upon and traded as a meme-coin, so to distance himself, Adams burned the 99.99% he still held.
$PEPE price is in freefall after 60% of the team account’s funds were sold. One co-founder blames team members for pulling the rug on the project, but the community is finding it hard to believe his story.
The highly anticipated launch of the Shiba Inu token's own Shibarium chain experienced a major hiccup. The solution, intended for scaling the Ethereum blockchain, could not handle the massive influx of transactions.
