Pump.fun Bags Lowest Revenue in Months as Meme Coin Hype Bursts
Pump.fun saw a drop in its monthly revenue, falling to $24.96 million from $130 million in January as meme coin hype fades off.
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Pump.fun saw a drop in its monthly revenue, falling to $24.96 million from $130 million in January as meme coin hype fades off.
Ethena native cryptocurrency ENA has seen more than a 14% surge in price within the last 24 hours amid positive sentiments surrounding the USDe stablecoin.
Bitmine, led by Tom Lee, scooped up $300 million in ETH, while BlackRock’s Ethereum ETF logged in $1.7 billion in inflows.
Cardano (ADA) has reached a historic milestone with its community approving a $71 million grant to fund core protocol upgrades via Input Output Engineering (IOE).
Pepe price tumbles to a 25-day low at $0.00001 on Saturday, August 2, as prominent investor Arthur Hayes sparked market panic, offloading millions.
Ripple Labs locked 700 million XRP in escrow after the token drops below $3. Price remains unstable following the Fed interest rate announcement.
Mill City Ventures invests $450 million into SUI, becoming the first public company to hold the coin as a treasury reserve.
Solana trades around $180 on Wednesday after dropping from last week’s $200 high, while investors staked 4.1 million SOL in response to SEC’s crypto ETF rule changes.
Tron price climbed 4.2% to $0.33 while other major altcoins declined, driven by increased stablecoin demand as traders rotated profits into safer assets.
Solana closed at $186.69 with 1% intraday gains while lagging rivals like Ethereum and XRP that gained over 2%, but flat $10.7 billion open interest amid price consolidation suggests traders may be positioning for a breakout following last week’s 10% retracement.
Hayden Davis admits LIBRA was a memecoin as a primary crypto transfer during the Milei meeting, which fuels new fraud questions.
There are some strong signs of the start of the altseason, where altcoins outperform Bitcoin.
As US President Trump signed the GENIUS Act into law on Friday, Tether announced plans to bring its USDT stablecoin into the U.S. via the foreign issuer pathway.
Despite declining volumes, PUMP saw $3.71M in Smart Money inflows and a rumored $31M buyback.
Pi Coin price faces pressure as large investors move 1.5 million tokens to exchanges, sparking fresh fears of a drop below its $0.40 support.