Meme News: BNB Chain Airdrops $45M Relief to Meme Traders, Bonk.Inc Launches

The meme coin sector’s market cap plunged 21% to $57 billion, whereas buying and selling quantity declined in a similar way.

Merchants are reeling from the hangover of the latest flash crash, which wiped away $19 billion from leveraged merchants.

Bitcoin has slid below $112,000 due to a mix of things, together with unfavourable spot BTC flows and a cooling threat urge for food.

Even the Fed Chair’s remarks suggesting more rate cuts are on the table failed to jumpstart altcoins, with meme coins on the sharp finish of the stick. Meme coin winners have been few and much between, with Smart Pocket (SP) taking a 72% leap.

Shut your charts as we unpack the week in meme cash.

A former beverage firm is pivoting into the meme coin economic system. Safety Shot has rebranded to Bonk Inc. because it builds a Solana-based treasury concentrating on 5% of BONK’s provide by year-end.

The week was as ugly because it will get. The meme coin sector’s market cap plunged 21% to $57 billion, whereas buying and selling quantity declined in a similar way.

Pump.enjoyable has regained its mojo, pumping out over 14,000 meme cash in 24 hours in contrast to simply 9,000 per week in the past, in accordance to Adam_tehc’s Dune dashboards.

The meme coin sector slipped from tenth to sixteenth on DeFiLlama’s narrative tracker. Is that this a market-wide reset or a bear trap?

The highest 20 meme cash are within the pink, aside from Useless Coin (USELESS), which printed a 6% inexperienced candle.

CMC Meme Coins Page

Greatest Gainers (7D%)

Greatest Decliners

1. Dota 2 YouTube Hack Promotes Solana Token

Hackers briefly took over Dota 2’s channel to promote a fake Solana meme coin called dota2coin. The pump and dump ended rapidly, with no consumer knowledge affected.

BNB-based tokens crashed after CZ reminded followers that his posts aren’t buying and selling indicators, cooling the newest meme coin frenzy.

Solana Memes

Prime Solana meme cash are down, in keeping with a bearish market sentiment.

Ethereum Memes

BSC Memes

Sui Memes

Main Sui memes are all within the pink, with LOFI and HIPPO taking huge hits.

Base Memes

Base’s high meme cash closed the week with important losses.

Evaluation your latest leverage performs and refine your buying and selling technique for tighter execution.
Cut back publicity to high-risk trades whereas the market pulls again.
Scan for pink flags in meme cash to shield your capital from scams.

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