Bloomberg Brings Memecoins Mainstream

March 19, 2024

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Top Stories

BTC $62,850(-8%) | ETH $3,220 (-10%) | SOL $175 (-15%)

  • Avalanche's social fi app Stars Arena unveils governance token $ARENA along with plans to distribute 2.56 billion tokens to current and future users.

  • For the first time since March 1st, BTC experiences outflows that outpace inflows with GBTC leading the move through a hefty $642M outflow, resulting in a net $154M outflow

  • After dev mistakenly burns presale holders tokens along with LP, $SLERF trades more than $2.5B volume, gets 15 CEX listings, touches $750M market cap, and has the highest liquidity of any SOL memecoin  – Currently at $380M market cap

  • Majors nuke overnight with SOL leading the plunge, down 15% to $175, erasing most of its gains over the last 7 days

  • Trevor from Pizza Ninjas announces a free open edition Ordinal mint for any Ninja, Runestone, or Wizards of Ord holder who hasn’t listed their assets

  • Many presale tokens released over the weekend bleed on Monday led by $BOME dropping 60% from its peak to a $672M market cap

  • Bloomberg Technology analyst discusses the performance of $BOME, $WIF and $DOGE mentioning that most of the action takes place on Solana

  • Memecoins continue to drive SOL dex volume as Raydium, Jupiter, and Orca surpass Uniswap V3 in 24-hour volume on Monday

  • Pups announces upcoming their $PUPS rune will have a significantly higher supply than the anticipated 10M tokens as “Phase 3 commences” – $PUPS BRC20 up 7% to 4.60

  • After promising an airdrop for beta users, SEI NFT marketplace Nut Market receives 2.5M requests and over 63K signups within 30 minutes

  • Former Binance CEO CZ launches Giggle Academy, a free, gamified education platform for grade 1-12 students that incorporates soulbound blockchain tokens

  • Juice Finance, a yield and point farming DAPP on Blast, secures an additional $1M from prominent investors, including Dingaling, Delphi, Cozomo, and Spencer, building on their $6M raise in February

Top Movers

ETH

SOL

BTC

Crypto

Upcoming Mints

Today:

  • 3/19: GolfN (SOL)

    • Supply: 2494

    • Price: AL 4 SOL // Public 5 SOL

    • Time: AL 2 PM EST // Public 4PM EST

Future Date: