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MAGA Hat token has jumped more than 500% in the past 24 hours. Super Trump reached  new all-time high on May 29 and is up 200% at the time of writing. Meme coins are not directly linked to former US President Donald Trump, but his bid is inspiring new frenzy. Meme coins fervour continues with politics-related and celebrity tokens at the centre of the latest FOMO.  While tokens such as $JENNER and $DAVIDO highlight the mania around celebrity-inspired meme coins, there’s a rising tide in the politics arena with former US President Donald Trump-inspired tokens leading the sector. The biggest movers are MAGA (TRUMP), MAGA Hat (MAGA) and Super Trump (STRUMP). US election and former President Donald Trump inspires meme coin frenzy MAGA (TRUMP) epitomises the rise of PolitiFi meme coins . According to data from CoinGecko, TRUMP, which traded around $0.01136 in October last year, has jumped a staggering 112500% to current price levels of $12.84....

The ongoing cryptocurrency rally, primarily driven by euphoria over the Bitcoin (BTC) halving, which has already seen BTC surge above $65,000 and toward its all-time highs, has hardly left the traditional wild cards of the crypto market – meme coins – out. In fact, multiple prominent meme coins have already found themselves among the biggest gainers on the market in the last 7 days, and according to data provided on X by Santiment, a market intelligence platform, many of them have seen volume in the same period increase by approximately 3,000%. #Meme coins , particularly those that have been trending over the past week, have skyrocketed in trading volume due to surging prices and increased crowd interest. On average, $SHIB, $PEPE, $FLOKI, and $BONK has seen volume rise +3,000% in the past week. https://t.co/MMHxbMotu0 pic.twitter.com/AiIaEbgGIz — Santiment (@santimentfeed) March 4, 2024 With such a massive surge in mind, Finbold decided to take a look at the...

After a US official said that layer-2 scaling solution Polygon (MATIC), smart contract platform Algorand (ALGO), and two other alt coins were securities, the popular social trading platform eToro stopped buying them. Due to the latest US crackdown on digital assets, eToro has announced that US users will no longer be able to buy ALGO, MATIC, gaming metaverse Decentraland (MANA), and privacy-focused protocol Dash (DASH). “eToro has a framework in place which reviews the crypto assets we offer in light of the rapidly evolving regulatory landscape. Due to recent developments, we will be making some changes to our crypto offering for US customers.” eToro’s move comes at the same time that the U.S. Securities and Exchange Commission (SEC) is suing the two largest cryptocurrency exchanges in the world, Binance and Coinbase, for allegedly breaking securities laws. In the cases that were filed last week, the SEC says that several alt coins , including the four ...

Discover how memecoins evolve as they integrate new functionalities and AI tech. At launch, Dogecoin (DOGE) creators Billy Markus and Jackson Palmer were likely unaware that their joke would lead to one of the largest Cryptocurrencies by market cap. Moreover, no one could have expected that their brainchild would trigger an entire sector of memecoin s — Cryptocurrencies inspired by internet memes and jokes. While most memecoins don’t have specific use cases or underlying utility, crypto enthusiasts still appreciate them for the fun aspect and their ability to show a lower correlation to the rest of the crypto market. The high volatility of memecoins can be considered a good opportunity to speculate on their price, especially as Bitcoin (BTC) and the crypto sector can move within sideways channels for weeks in an attempt to reach stability. Pseudonymous crypto expert Altcoin Sherpa tweeted: “Memecoins are mostly rugs, do nothing productive, take 0 effort to make, and are mostly here fo...