The world’s largest cryptocurrency exchange, Binance, has once again demonstrated its immense market-moving power through a series of platform updates. The simultaneous announcement of new perpetual contract listings and the removal of several tokens from its featured list created dramatic, opposing price movements across the digital asset landscape, highlighting the profound ‘Binance Effect’ on liquidity and investor sentiment.
about Binance Listings Spark 30% Rally, Delistings Trigger 70% CrashesFwog
0 posts last weekMeme Coins Surge as Bitcoin Hits New Highs
Meme coins are experiencing a significant rally as Bitcoin surpasses $113,000, with Solana-based tokens like PENGU, BONK, and WIF leading the charge. PENGU, part of the Pudgy Penguins ecosystem, has surged 29% in 24 hours, making it the top gainer among the top 100 cryptocurrencies. Dogecoin (DOGE) and other Solana meme coins like BONK and FARTCOIN are also posting double-digit gains, contributing to a 10% overall increase in the meme coin category. Trading volume for these tokens has exceeded $4.5 billion in the last day, with some coins like BONK seeing weekly gains of nearly 39%. While meme coins offer high volatility and potential profits, they remain risky investments with most trending toward zero over time.
about Meme Coins Surge as Bitcoin Hits New HighsPumpfun faces federal lawsuit over alleged 500 million dollar scheme
Pump.fun, a Solana-based token launch platform, is facing a federal class action lawsuit for allegedly orchestrating a $500 million pump-and-dump scheme by promoting unregistered securities. The lawsuit claims the platform used aggressive marketing tactics and influencer partnerships to mislead investors while lacking essential protections. This marks the third legal action against Pump.fun, raising significant concerns about the legality of token launchpads and their role in speculative investments.
about Pumpfun faces federal lawsuit over alleged 500 million dollar schemeInvestor sues Pump.fun for alleged securities violations in meme coin launch
Diego Aguilar has filed a lawsuit against the Solana-based meme coin generator Pump.fun in a New York federal court, alleging that the platform’s tokens are unregistered securities. The complaint claims Pump.fun generated over $500 million in fees and facilitated the creation of tokens like FRED, FWOG, and GRIFFAIN, leading to significant investor losses. This follows a previous lawsuit accusing Pump.fun of exploiting users and promoting inappropriate content, despite the platform experiencing a surge in trading activity.
about Investor sues Pump.fun for alleged securities violations in meme coin launchPump.fun Faces Class-Action Lawsuit Over Unregistered Securities Claims
Pump.fun, a Solana-based meme coin launchpad, faces a class-action lawsuit in New York, alleging that all tokens created on the platform, including Fartcoin and MooDeng, are unregistered securities. The complaint claims the platform generated nearly $500 million in fees from selling “worthless” digital tokens without proper investor protections. The lead plaintiff, Diego Angular, seeks compensation after losing money trading these meme coins, as the platform reportedly lacks necessary verification and compliance measures.
about Pump.fun Faces Class-Action Lawsuit Over Unregistered Securities ClaimsMEXC Reports Surge in Memecoin Trading and New Features in Q4 2024
MEXC experienced a remarkable 140% quarter-over-quarter growth in memecoin trading volume in Q4 2024, with 240 new projects added. The launch of the Meme+ zone led to a surge in user engagement, with memecoins representing 25.9% of average daily trading volume by January 2025. Notably, the top five newly listed memecoins achieved average peak gains exceeding 8,700%, highlighting MEXC’s strategic focus on the memecoin sector.
about MEXC Reports Surge in Memecoin Trading and New Features in Q4 2024Low-Cap Memecoins PENGU and FWOG Expected to Rise Amid Market Sentiment
A popular crypto analyst, Pentoshi, is optimistic about two low-cap memecoins, PENGU and Fwog, despite the current low market sentiment. PENGU, linked to the Pudgy Penguins NFT project, is trading at $0.0244, while Fwog is at $0.187. The analyst notes that market sentiment is extremely low, attributing this to over-trading and poor investment choices.
about Low-Cap Memecoins PENGU and FWOG Expected to Rise Amid Market SentimentWhale Invests 18.2 Million in Solana Meme Coins Amid Price Declines
A prominent whale has accumulated $18.2 million in Solana-based meme coins, including 7.18 million WIF tokens and 5.77 million POPCAT tokens, despite significant price declines of 11.35% and 17.33% for these tokens in the last 24 hours. The whale’s strategy remains under scrutiny as all tokens were transferred to a new wallet, highlighting the volatility and risks in the meme coin market.
about Whale Invests 18.2 Million in Solana Meme Coins Amid Price Declines