NFT

Solana Memecoin Platform Pump.fun Nears $400M in Revenue Despite Market Downturn

Thursday. January 2 at 8:00 PM

1 min. read
Solana Memecoin Platform Pump.fun Nears $400M in Revenue Despite Market Downturn

Blockchain analytics platform Lookonchain revealed that Pump.fun, a Solana memecoin generator, has accumulated over 2 million SOL tokens, equivalent to nearly $400 million in revenue. Despite a decline in memecoin market capitalization in December, Pump.fun has deposited more than $300 million in SOL tokens to Kraken and converted 41 million USDC. The platform's revenue milestone follows a record-breaking performance in November, earning $106 million in decentralized application revenue. Despite facing challenges such as harmful content broadcast via its livestream feature, resulting in a 66% drop in weekly revenue, Pump.fun continues to attract users launching meme-based tokens. The UK's Financial Conduct Authority has also warned residents about the platform for promoting financial services without permission and has blocked it in the country. Despite these setbacks, Pump.fun's revenue continues to grow, showcasing resilience in the volatile memecoin market.

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Emerging Cryptos AETHER, KEKIUS, and TRUMPIUS Gain Attention

Emerging Cryptos AETHER, KEKIUS, and TRUMPIUS Gain Attention

Saturday. January 4 at 11:00 AM

Three new cryptocurrencies, AETHER, KEKIUS, and TRUMPIUS, have recently launched and are attracting significant interest. AETHER, leveraging artificial intelligence, has moved from Solana's Pump.fun to Raydium, with a growing user base and a potential $25 million market cap. KEKIUS, a frog-themed meme coin on Ethereum and Base, has achieved a $24 million market cap within two days. TRUMPIUS, combining frog coin aesthetics with Trump-themed memes, has over 3,000 holders and the potential to reach a $20 million valuation. AETHER is an open-source platform connecting AI and human innovation in blockchain ecosystems. Initially on Pump.fun, AETHER now has nearly 19,000 holders and 108,000 daily transactions on Raydium. KEKIUS, with 500 holders and 12,000 daily transactions, could see a $30 million market cap if Ethereum interest continues. TRUMPIUS, with 3,000 holders and $6 million daily trading volume, may reach a $20 million market cap if trends persist.

NFT

Rise of Cat-Themed Meme Coins in 2025

Rise of Cat-Themed Meme Coins in 2025

Saturday. January 4 at 1:00 AM

Cat-themed meme coins like Popcat and Catslap are gaining momentum in early 2025. Popcat has surged 25% amid rumors of a Binance listing, with analysts predicting further gains. The rise of cat-themed tokens marks a shift from frog-themed coins, with Popcat hitting $0.84 and potentially reaching $1.10. Catslap, known for its slap-to-earn game, is also attracting attention as a potential breakout star. Its deflationary token model and unique mechanics have driven significant community engagement and speculation of a Binance listing. With experts bullish on Catslap's future and its market cap at $21 million, investors are eyeing it as the next big cat coin. The surge in Popcat and the rise of Catslap signal a new trend in the market, with traders looking for the next cat coin to rally in 2025.

NFT

Tragic End to NFT 'Rug Pull' Case

Tragic End to NFT 'Rug Pull' Case

Friday. January 3 at 11:00 PM

Berman Jerry Nowlin tragically died by suicide while awaiting sentencing for his involvement in an NFT 'rug pull' scam. Alongside Devin Alan Rhoden, Nowlin orchestrated the sale of fraudulent NFT collections, deceiving investors with false promises. Despite claiming innocence, evidence revealed Nowlin's direct role in the scheme, including money laundering activities. The duo's actions resulted in nearly $400,000 in losses for victims. Nowlin's family insists he was manipulated by Rhoden and unaware of the fraud. However, the Department of Justice uncovered his complicity in the illegal activities. Nowlin's untimely death has left his loved ones grappling with unanswered questions and a sense of profound loss. The tragic outcome underscores the devastating consequences of financial fraud and deception in the digital age.

NFT

Analysis of Top Trending Altcoins

Analysis of Top Trending Altcoins

Friday. January 3 at 9:00 PM

Today, January 3, the cryptocurrency market is experiencing a variety of price surges, with significant trading volumes driving some altcoins into the spotlight. The top three trending cryptos according to CoinGecko are Shrub (SHRUB), Kekius Maximus (KEKIUS), and ai16z (AI16Z). Shrub, inspired by Elon Musk's pet, has seen a 13.87% price increase in the last 24 hours after breaking out of a bearish descending triangle pattern. KEKIUS, which gained popularity due to Musk's name change, is showing signs of recovery after a recent price drop. AI16Z, despite a 15% decrease earlier, is now on a path to recovery and could potentially reach $2.51 with notable buying volume. However, market conditions are subject to change, and readers are advised to conduct their own research before making any financial decisions.

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