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Blockchain analytics firm Bubblemaps flagged Solana’s Rugproof for suspicious token activity, alleging a deceptive launch structure that mimics a rug pull setup. Blockchain analytics platform Bubblemaps has raised concerns about Rugproof, a self-described Solana-based launchpad that claims to protect investors from rug pulls. Ironically, Bubblemaps alleged that the project may be orchestrating the same type…
Wynn previously claimed that his leveraged positions were deliberately “hunted” by crypto market makers looking to sink Bitcoin’s price below his liquidation threshold. Multimillionaire cryptocurrency trader James Wynn returned despite numerous previous liquidations, signaling renewed confidence in Bitcoin’s near-term upside momentum. Wynn returned with two new leveraged positions, including a 40x leveraged Bitcoin (BTC) long…
Crypto exchanges listed the TRUMP memecoin four days after its launch on average, compared to 129 days for other major memecoins, Reuters found. US President Donald Trump’s cryptocurrency venture, the Official Trump (TRUMP) memecoin, has generated multimillion-dollar gains for crypto exchanges, in addition to profits for its creators. Launched just about six months ago, the…
As Bitcoin price hits new highs and altcoins soar, traders are curious to know if a new super cycle has begun. Key takeaways: Institutional flows are growing, but retail interest and App Store rankings remain unusually low. A weakening US dollar or major ETF adoption could push the crypto market cap well above its previous…
Memecoin creation platform Pump.fun has made its first acquisition, buying the wallet-tracking project Kolscan ahead of its $1 billion ICO. Crypto memecoin creation platform Pump.fun has made its first-ever acquisition, buying the wallet-tracking platform Kolscan, with its founder looking at gamification to drive growth. Pump.fun said on Thursday that it had acquired Kolscan, a platform…
Bots are likely behind most of the memecoins launched on Pump.fun and LetsBonk, according to Coinbase’s head of product, Conor Grogan. Automated bots are likely behind most tokens that launch on the memecoin creation tools Pump.fun and LetsBonk, says an executive at crypto exchange Coinbase. “The great majority of tokens launched on PumpFun and LetsBonk…
Crypto exchange Gate.io removed the webpage showing an upcoming Pump.fun token sale on Saturday, while its support account on X gave a confusing explanation. Cryptocurrency exchange Gate.io has quietly removed a page showing an upcoming token sale for the Pump.fun Solana-based memecoin platform. On Tuesday, users of X noticed a “leaked” webpage showing details of…
Trump seems to recognize his official memecoin, down 85% from its all-time high, as a tool to measure public sentiment. United States President Donald Trump has signaled support for the idea that his official memecoin reflects public sentiment about his leadership. In a post on his social media platform Truth Social, Trump shared a Newsmax…
Pump.fun has yet to confirm or deny rumors of a $1 billion token sale and 10% airdrop, but the community is split on whether the potential launch would help or harm the crypto space. Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation. On…
Trader’s interest in Solana is strong, but declining memecoin prices and SOL token unlocks have put a cap on the altcoin’s rally. Key takeaways: Solana’s strong network activity contrasts with SOL’s token unlock schedule. MEV issues and memecoins’ price decline pose a risk to Solana’s growth potential. Read more If you liked the article, do…