Author: Yeek.io

Recently launched crypto memecoin Siren [SIREN] is making waves in the cryptocurrency market with its impressive performance. On the 22nd of March, the coin surged by a remarkable 75.30% over the past 24 hours, even as the broader crypto market recorded a 2% decline. In fact, market participants have shown significant interest in the memecoin, as its trading volume surged by over 720% to $63.51 million. Rising trading volume alongside price indicates that traders and investors may be interested in the current trend. SIREN: Mixed sentiment despite listing According to the latest update, Bybit, a major cryptocurrency exchange with over…

Boyaa Interactive International, a Hong Kong-listed Web3 gaming firm, plans to expand its crypto treasury with up to $70 million in new purchases. The company will seek shareholder approval for the move, which comes as firms reassess crypto treasury strategies during a market downturn. Summary Boyaa plans $70M crypto purchases, focusing on Bitcoin and Ether during market weakness periods. Firm holds $285M in crypto, ranking among top corporate Bitcoin treasury holders globally today. Strategy contrasts market trend as firms reduce exposure while Boyaa expands during crypto downturn. Boyaa stated that it intends to deploy up to $70 million over the…

Hailey Welch, known as the “Hawk Tuah girl,” recently spoke about the fallout from the failed launch of the “HAWK” memecoin in 2024, which she promoted.  Summary Hailey Welch was cleared of wrongdoing after promoting HAWK memecoin despite facing backlash and death threats. The HAWK memecoin, valued at $490M, collapsed to $41M in hours, triggering legal action. Despite FBI clearance, Welch faced emotional struggles and continued public criticism after the memecoin’s failure. Despite cooperating fully with an FBI investigation that cleared her of wrongdoing, Welch faced immense social backlash and personal distress following the memecoin’s collapse. In December 2024, the…

The top memecoins have not made much headway from where they were. Among the top four memecoins by market capitalization, Shiba Inu [SHIB] and Pepe [PEPE] were within 2% of where their prices were a week ago. Memecoin [M] has gained 10% over the past week, while Dogecoin [DOGE] has shed 3.8%. Shiba Inu was down by 0.51% from last week. The lack of momentum for Bitcoin in recent days has likely affected the memecoin sector’s top assets. The short-term lackluster performance was a smokescreen. Even if SHIB rallied by 10% or more next week, its long-term holder sentiment would…

Dogecoin’s [DOGE] on-chain activity has expanded sharply lately. And yet, the price action stayed muted, establishing a clear imbalance between flow and valuation. Transfer volume climbed to 1.037 billion DOGE, roughly $97.8 million, while the price held near $0.094 with gains of only 0.3%. As this divergence developed, the transaction count increased to 26,627 alongside 32,915 active addresses, reflecting rising network engagement. However, the price failed to respond in tandem, shifting attention towards the composition of these flows. The high volume is more likely a sign of redistribution, exchange routing, or internal wallet movements than accumulation. As activity intensifies without…

BONK.fun has restored its website following last week’s domain hijack. They confirm that the incident stemmed from a third-party provider breach and resulted in approximately $30,000 in user losses. In an update shared on 20 March, the team said the attack was caused by a social engineering exploit targeting its domain service provider, which led to the domain being transferred to an external registrar.  The provider has since accepted responsibility for the incident. The team added that there was no compromise of BONK. fun’s internal systems, codebase, or team accounts. They framed the attack as an external infrastructure breach rather…

Memcoins have become an integral part of the crypto ecosystem. While they started out as jokes or experiments, they have grown popular, attracting a wider audience and also helping make blockchain technology more approachable. Although many memecoins are built around hype, many of them gain popularity and hype through social media. This shows the power of decentralised communities and how grassroots movements, instead of institutional backing, can influence market dynamics They also serve as an opportunity to profit from small trades and a collective experience for new users. Active and engaged coin holders play a key role in making the memecoins…

As demand for yield-bearing digital assets grows, stablecoins are increasingly moving beyond traditional backing such as US Treasuries. A new entrant is attempting to tie digital dollars to one of the world’s oldest stores of value: gold. New York-based tokenisation platform Theo has raised more than $100 million through its Genesis Vault, a structured capital facility designed to support the launch of thUSD, a yield-bearing stablecoin linked to gold markets. The facility reached its $100 million cap within 24 hours, signalling strong institutional interest in gold-backed digital dollar alternatives. The capital will back thUSD, which is powered by thGOLD, Theo’s…

Whale activity around the Official Trump (TRUMP) token, which is tied to United States President Donald Trump, has hit a five-month high according to on-chain data. Summary Whale wallets holding over 1 million TRUMP tokens have risen to a five-month high of 83, with combined holdings valued at around $3.7 million, according to Santiment. TRUMP price has climbed more than 50% from recent lows after a Mar-a-Lago luncheon announcement for top holders, though the token remains over 95% below its all time high. According to Santiment, there are now 83 wallets that hold more than 1 million Official Trump (TRUMP)…

Dogecoin [DOGE] extended its week-long bullish streak, reclaiming the $0.10 resistance. The memecoin touched a local high of $0.104 before slightly retracing to $0.1003.  With the bullish move, DOGE crossed above 20 and 50 EMAs, indicating strong short-term strength.  Dogecoin whales step in to defend higher levels After DOGE reclaimed $0.09 and strengthened above that level, whales increased their accumulation.  The memecoin saw increased demand from large players between $0.092 and $0.097, laying the groundwork for the trend’s continuation. Spot Average Order Size data showed sustained whale orders across these price levels.  Source: CryptoQuant Such activity indicated increased whale participation…