BONK has reclaimed its position as the leading meme coin on the Solana blockchain, overtaking PENGU with a market capitalization of $2.5 billion. This surge follows a community-driven initiative to burn tokens, reducing the supply from 100 trillion to 91 trillion BONK tokens. This burn, part of the “Burnmas” event, has helped spark renewed interest […]
Shiba Inu (SHIB) has seen a sharp decline in price recently, retreating to $0.000022, a 33% drop from its highest level this month. This dip in price is attributed to both the softening of the broader cryptocurrency market and internal factors, including the falling burn rate and decreased Shibarium transaction fees. Shiba Inu’s burn rate, […]
The PHNIX meme coin, which was launched on the XRP Ledger (XRPL), has recently achieved a significant milestone by getting listed on its first major centralized cryptocurrency exchange, MEXC. On December 27, the Phoenix team announced this groundbreaking development, marking a historic event for the XRP Ledger and the growing meme coin culture within the […]
Hamster Kombat, a once-popular Telegram-based game, is looking to deepen its blockchain involvement by launching a layer-2 network on The Open Network (TON). This move follows a community vote supporting the creation of a dedicated network to enhance the token’s utility, particularly the HMSTR token. 💫HERE COMES THE BLOCKCHAIN 💫 The vote on the second […]
StepN’s Green Metaverse Token (GMT) experienced a notable surge in price, with a dramatic 50% increase on Friday, reaching an intraday high of $0.2275, its highest level since December 9. This rally made GMT one of the best-performing cryptocurrencies of the day. The surge coincided with a broader market rebound, with Bitcoin and several altcoins […]
Popcat, a meme coin based on Solana, has experienced a dramatic surge of over 4,400% in 2024, but it is now facing a significant downturn. The price of Popcat has dropped by over 62% from its peak, pushing its market capitalization down to $762 million. As a result, Popcat has fallen from being the second-largest […]
Bitget has announced its first BGB token burn, marking a significant update to its tokenomics and reducing the total supply by 40%. The exchange revealed plans to burn 800 million BGB tokens held by the core team, which represents 40% of the total supply, effectively reducing the overall BGB supply to 1.2 billion tokens. The […]
Binance has officially launched the BNSOL Super Staking program, now integrated with MANTRA, offering users enhanced staking rewards while maintaining liquidity on their staked Solana (SOL) tokens. This marks a significant step in providing flexible and attractive financial products for the Binance community. The BNSOL Super Staking program has entered its third phase, and with […]
Bitcoin is facing potential trouble after two weeks of declining prices, with analysts warning that the flagship cryptocurrency might experience a significant pullback, possibly dropping to as low as $60,000. Currently, Bitcoin is trading close to $95,000, but its market cap has fallen to $1.9 trillion, with a 2.5% drop in the last 24 hours, […]
Despite the recent burning of 1.69 trillion BONK tokens as part of the “BURNmas” community event, the price of Solana-based meme coin Bonk (BONK) continued its downward trend, falling over 7%. The token burn event, held on December 26, aimed to reduce the total supply of BONK tokens, theoretically increasing scarcity and driving up its […]