Memecoin market has been experiencing significant volatility. The well-publicised
Trump Meme Coin recently withdrew $4.6M in anticipation of $309M token unlock, fuelling market scepticism. Meanwhile, legal issues have plagued the industry, with the
Phantom Wallet being sued over a Meme Coin theft alleged to be due to a security flaw, and a lawyer suing after his dog-inspired Memecoin was hacked. Despite such negativity, there are emerging tokens which seem promising, with
Maneki leading the cat Memecoin recovery and
Mind of Pepe raising $8M in its presale. In YTD,
Shiba Inu coin fell in crypto rankings as it was overtaken by HBAR. In another development,
Trump's Solana-based Memecoin has been a subject of debate, with its future uncertain following the unlocking of 40 million tokens. Amid these trends,
Bitcoin is seeing renewed interest from investors. Mixed sentiments slide over the Memecoin market with AI tokens deployed through tweets surging and
Dawgz AI notably recording early gains. Despite huge Memecoin supply unlock and dip in prices, experts are favouring
Fartcoin over other Memecoins on Solana's platform. In the regulatory domain, SEC's stance that Memecoins are not securities holds implications for the market. As of now, the Memecoin future appears be a mixed bag, with new favourites emerging beyond
Doge and
Shiba.
MEME Coin News Analytics from Mon, 20 Jan 2025 08:00:00 GMT to Wed, 16 Apr 2025 21:39:34 GMT -
Rating -1
- Innovation 2
- Information 6
- Rumor -4
