Donald Trump’s Memecoin Faces Massive $320M Token Unlock Amid Record Low Price
The token is down by 83% since it launched in January.
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Memecoin
The token is down by 83% since it launched in January.
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 memecoin market, once pitched as a “fair launch” opportunity for traders, has been exposed as a rigged game, Carter said.
SFM holders will have an opportunity to sell their tokens despite current low liquidity levels.
The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.
Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.
Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward.
Some claim a new wave of big-money tokens are backed by sentient AI bots. But that’s not the reality.
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.