By John Isige Daily Chart: Technical Confluence at $0.20—Can the Bulls Defend?
By John Isige The memecoin frenzy that dominated the crypto markets earlier this year is showing clear signs of exhaustion, most notably reflected in plummeting volumes on Solana-based launchpad Pump.fun. After peaking in January with the explosive launch of the Trump Coin, the platform has experienced a rollercoaster ride—culminating in a pronounced slump this summer.
By Andrew Bennett The cryptocurrency sector is no stranger to controversy, but the latest storm has been sparked by Anatoly Yakovenko, co-founder of Solana, one of the world’s fastest-growing blockchain projects. Yakovenko’s outspoken comments on social media, where he described memecoins and NFTs as “digital junk” with “no intrinsic value,” have ignited heated debate across the industry. Ironically, his remarks come at a time when Solana itself is capitalizing on the memecoin phenomenon more than any other protocol.
By John Isige The meme coin segment is experiencing a pronounced resurgence, with total market capitalization soaring by 16% in the past 24 hours and crossing the $73 billion threshold. Trading volumes have spiked to $26 billion—a level unseen since the height of the altcoin rotation in early 2024. This sudden influx of capital, fueled in part by BONK's addition to Grayscale’s Q3 update, has cemented meme coins as a critical pillar in the digital asset landscape.
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