Speaking at a town hall in Pennsylvania, Elon Musk once more brought up the Department of Government Efficiency (DOGE), causing the meme coin to pump by over 10%.
The AI bot "Truth Terminal," backed by a16z, has been the driving force behind the sharp surge of the relatively unknown meme token GOAT. In just a few days, GOAT skyrocketed by nearly 1000%, pushing its market cap to $150 million.
CoinMarketCap’s Q3 report, which analyzed user behavior, revealed that meme tokens have become the most popular crypto category. Over the last three months, their popularity has maintained an average of 20.68%.
Robinhood's legal team is nearing a settlement with investors who sued the platform for halting the trading of GameStop meme stocks in 2021. A resolution and closure of the case are expected within the next two weeks.
On November 6, Dogecoin (DOGE), one of the first and most iconic meme coins, shot up by more than 20% as Donald Trump surged to the front in the U.S. presidential race. DOGE is now poised to challenge XRP for the #7 spot in the crypto market rankings.
Between October 4 and 13, Vitalik Buterin, co-founder of Ethereum, raised 1,100 ETH (roughly $2.78 million) by selling various meme coins that were gifted to him. Of that amount, 360 ETH ($884,000) has already gone to charity.
According to crypto investigator ZachXBT, Sahil Arora, a promoter of numerous celebrity coins, earned approximately $3 million throughout 2024.
Shytoshi Kusama and Kaal Dhairya, the anonymous developers behind the iconic meme coin SHIB, recently sat down for a live interview with a journalist from Arabian Business in an undisclosed country.
The popular metaverse project The Sandbox has announced its acquisition of several meme coins, including PEPE, SHIB, DOGE, and BONK. This move is aimed at bolstering the Web3 ecosystem and fostering a culture of creativity, essential elements in any metaverse.