Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
On April 5th, Meme exchange DerpDEX.com announced the completion of a strategic investment worth millions of dollars from ABO Digital.DerpDEX ($DERP) is a decentralized meme exchange on zkSync, Base, and opBNB, while ABO Digital is an investment fund of family office Alpha Blue Ocean.Under the strategic investment framework, ABO Digital will provide investment, liquidity support, and meme token incubation opportunities to enhance DerpDEX's expansion on zkSync, Base, opBNB, and all subsequent Layer 2 blockchains, and promote the growth and development of DerpDEX and its token $DERP.
Solana ecological meme token MEW briefly exceeded 0.01 US dollars
Market data shows that the Solana ecosystem Meme token MEW has briefly broken through $0.01 and is currently priced at $0.009932, with a 24-hour increase of 69.7%.
CoinGecko: The market value of the Meme coin sector on the Base chain has exceeded 1.5 billion US dollars, and the 24-hour trading volume has exceeded 227 million US dollars
According to CoinGecko data, the market value of the Base Chain Meme coin sector has exceeded 1.5 billion US dollars (currently only including the top 6 tokens by market value), with a 24-hour increase of 18.8% and a trading volume of over 227 million US dollars during the same period. Note: Mfercoin and $poop are not currently included in this sector.
Cointime March 30th News Express
1. Custodia Bank loses lawsuit against Fed over rejection of master account application
A scam related to the Huang Licheng Meme project appeared on the chain. Malicious token deployers used the contract address as the token name to commit fraud.
On March 30th, it was reported that a scam related to the Bobaoppa project of Huang Licheng's Meme appeared on the chain. Malicious token deployers used the official announced contract address as the token name to deceive users. Users who purchased the token will not be able to sell it and have already suffered a loss of $120,000. Please be aware and discerning.
Huang Licheng announces the launch of Meme project Bobaoppa
Huang Licheng announced the launch of the Meme project Bobaoppa.
Huang Licheng Meme project Bobaoppa is about to distribute tokens to early supporters
According to official sources, Huang Licheng's Meme project Bobaoppa announced that it will start early and distribute tokens to early supporters in about 1 hour (around 15:10). Huang Licheng also stated in a post that airdrops are not received at the same time, and for early supporters, being able to receive their tokens at the same time is better and fairer. (However, the criteria for early supporters have not been announced).
All affected addresses have been fully compensated, and ALME has paid a total compensation of US$2.9 million.
On March 30th, ALITA announced on the X platform that its first Meme project in the ecosystem, ALME, has completely compensated all 5,332 affected addresses after opening. This includes wallet addresses for ALME pre-sale and those that were killed in the block within minutes of opening, totaling 4,754.53 BNB (approximately $2.9 million). To prevent similar technical errors in the future, the ALITA team will comprehensively optimize its technology and management processes. At the same time, investors are advised to be aware of fake projects with the same name as ALME in the market and to identify the ALME contract ending in d0f7f7912b to avoid investment losses.
Huang Licheng pledged 156,000 SOL raised for Meme project Bobaoppa into BlazeStake
On March 30th, according to on-chain data, Huang Licheng, also known as "Majidage", pledged 156,300 SOL to the Solana ecosystem staking protocol BlazeStake for the Meme project Bobaoppa at 12:56 Beijing time today. This was exchanged for 139,556.77 bSOL, worth approximately 31.13 million US dollars. Currently, the fundraising address (starting with CZ5ak) has 96 wSOL, 70 SOL, and 2,727 USDC remaining, with a total value of 36,000 US dollars.
Base chain meme currency mfercoin breaks through 0.28 US dollars, and its market value approaches US$300 million and continues to hit new highs
The market shows that Base Chain Meme coin mfercoin has briefly exceeded 0.25 US dollars and is now priced at 0.2812 US dollars, reaching a new historical high with a market value of 282.9 million US dollars at the time of writing this article. The market fluctuates greatly, so please be prepared for risk control.
DEGEN: Airdrop 2 Season 2 airdrop rewards will be launched at 23:00 on March 30
On March 30th, according to official sources, DEGEN's Airdrop 2 Season 2 rewards will go live at 23:00 Beijing time. Note: The token distribution rules for DEGEN's first season Airdrop were based on Farcaster users' likes, shares, and followers, and they received corresponding Degen points. Holding some community-related NFTs also earns additional boost points. Each point can receive one DEGEN token.
A trader has completed more than 350 trades since March 1, making profits of more than $1.3 million.
Lookonchain monitoring shows that a certain trader has made over 350 trades in MEME coins since March 1, with a winning rate of about 75% and a total profit of over 1.3 million US dollars. He invested only 6 SOL in TWTR and received 2,066 SOL, earning 2,060 SOL (354,000 US dollars) and a return of 343 times.
MEME project Pundu has raised $100 million in funding
On March 24th, Pundu from the MEME project tweeted that they had raised $100 million in 36 hours.
In Defense of Meme Coins
I believe that meme coins are net-good for society. Even amongst the crypto-forward, this is a controversial position. Many argue that meme coins distract from technologically important innovations at the heart of crypto. Others claim they are inherently worthless.
CryptoQuant founder: The popularity of Meme will not really push the entire cryptocurrency industry forward
Ki Young Ju, the founder of CryptoQuant, posted on X platform stating that the popularity of Meme will not truly drive the entire cryptocurrency industry forward, and people should be wary of the lessons learned from the 2018 ICO bubble.
Meme project FOMOER has raised over 10,285 SOL
The MEME project FOMOER has launched a fundraising campaign on the X platform. According to on-chain data, the address has received 10,285 SOL, worth over $2 million. The project team has sent nearly 10,000 SOL to the fundraising address.
Meme project SNAP, which raised over 50,000 SOL, has now announced its pre-sale quota inquiry page.
According to KOL Kero (@KeroNFTs), the Meme project SNAP has now released a quota inquiry page, where users can confirm whether they have entered the pre-sale and check the amount of SNAP they can receive. All transfers made after triggering the pre-sale hard cap will be refunded within 24 hours. Earlier news, the Meme project COCO (whose final token name was confirmed as SNAP) initiated by KOL Kero (@KeroNFTs) has ended its pre-sale. On-chain data shows that the address received approximately 54,696 SOL tokens, worth over $10 million.
Solana ecological meme currency SAMO exceeded 0.02 USDT, with a 24H increase of 29.62%
OKX Market Shows that the Solana ecosystem Meme coin SAMO has broken through 0.02 USDT and is now trading at 0.020399 USDT, with a 24-hour increase of 29.62%.
Meme currency sector generally fell: WIF fell 19.19% in 24H, PEPE fell 11.14% in 24H
Market trends show that the Meme coin sector is generally falling, with the following changes:
Mantle ecological meme token PUFF briefly exceeded $0.15 and then fell back, rising by more than 28% in 24 hours.
According to market data on March 10th, the Mantle ecology Meme project Puff token PUFF briefly broke through $0.15 before falling back and is now priced at $0.122, with a 24-hour increase of over 28%.
