Memecoin

Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.

Crypto exchange Bullish has listed perpetual futures on both indices, allowing traders to gain exposure to these benchmarks with deep liquidity and around-the-clock trading.

The SOL price has slumped against both the dollar and ether.

Hayden Davis said he refunded $5 million to Dave Portnoy who lost money on LIBRA.

The growing number of new tokens may lead to liquidity fragmentation and decreased trader attention in any single project, CoinGecko COO said.

Broccoli coin is the latest example of the dangers of playing in an anything goes market.

The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.

The former CTO of Coinbase and general partner at venture capital firm Andreessen Horowitz said in a thread on X that memecoins aren’t wealth creation.

Trader demand for Solana’s SOL rose as Donald Trump’s so-termed official token was issued on the network.

More than 1,000 memecoins related to the U.S. presidential election have been issued on Solana in the past 24 hours.