Author: Yeek.io
The Solana-based crypto launchpad Pump.fun is the biggest contributor to the memecoin craze. Since its peak at $7 million, Pump.fun’s revenue dropped by 92%. The recent ICO was planned as a three-day event, but all the tokens were sold out in 12 minutes, despite risk warnings from the media. What’s behind the most hype ICO of this summer? A ‘One Last Exit Pump’ narrative The ICO acronym has some negative connotations. ICOs did pump the market in 2017, but too many altcoins turned out to be worthless. Although observers speculate ICOs are making a comeback, some in the crypto community…
Cryptocurrency prices experienced a strong performance last week, with Bitcoin surging to a record high and the Fear and Greed Index entering the greed zone at 67. These assets are likely to remain volatile this week as the US publishes its consumer price index data and the earnings season begins. U.S. politicians will also have the Crypto Week, where they will focus on the GENIUS Act, CLARITY Act, and an anti-CBDC bill. The top cryptocurrencies to watch this week will be Trump Coin (TRUMP), ApeCoin (APE), and Arbitrum (ARB). Trump Coin token The Official Trump meme coin has crashed by…
In the world of crypto investing, understanding the difference between a bull market and a bear market is crucial. A bull market is characterised by rising prices, investor optimism, and a general sense that the market will continue to grow. Conversely, a bear market features declining prices, widespread pessimism, and often signals a prolonged downturn. These cycles are natural in any financial market, but in crypto, where volatility is high, they can be particularly extreme and fast-moving.For both investors and traders, identifying whether the market is entering a bull or bear phase early can make the difference between profit and…
Crypto markets move fast, and the difference between profit and loss often comes down to timing. Some investors, known as “smart money,” consistently make strategic moves by buying before prices surge and selling before downturns. These well-connected, experienced traders, often referred to as “smart money,” have a history of making strategic, high-value investments that shape market trends. These players often have access to advanced tools and capital, allowing them to influence market trends ahead of the general public.For retail traders, tracking smart money in crypto is a powerful strategy. By observing where seasoned investors place their bets, traders can spot emerging…
The price of HBAR, the native cryptocurrency of Hedera Hashgraph, rose for six consecutive days, reaching its highest level since May 8 as the crypto market rally intensified and its decentralized finance network improved. Hedera Hashgraph (HBAR) token jumped to a high of $0.2285, its highest level since March 27. It has soared by 80% from its lowest point in June, mirroring the performance of most altcoins. The HBAR price also jumped as the total value locked in the ecosystem continued to soar. The network has over $215 million in assets, up from the year-to-date low of $151 million. Some…
The global crypto industry is evolving fast, driven by new technologies, growing interest from institutions, and changing regulations. While the U.S. has long played a key role in shaping the direction of digital assets, there’s an ongoing debate about whether its leadership is still crucial for crypto to succeed on a global scale.Scott Bessent, a key figure in U.S. economic policy, has argued that the U.S. leadership in crypto must continue, especially when it comes to stablecoins and other digital assets, to maintain global dominance and regulatory unity. However, many in the crypto community disagree, pointing out that blockchain’s decentralized…
Key Takeaways Pump.fun concluded its public token sale on the 12th of July, 12 minutes after it began. The community had mixed reactions to the entire event, some calling it revolutionary while others termed is as a grift. Memecoin creation platform Pump.fun [PUMP] completed a $500 million public token sale on the 12th of July. The 150 billion token sale was set to run for 72 hours on Pump.fun and six centralized exchanges, but everything was sold out in under an hour. A post on X read, “the $PUMP public sale has now ended. we are delighted to reveal that…
Key Takeaways The recovery from the range low reinforced the idea that DOGE traders should play the range. A 27% rally could arrive over the next week or two, but demand needs to increase. Dogecoin [DOGE] was in a bullish trend over the past two weeks. Since the 7th of July, Dogecoin rallied 19.7% while Bitcoin [BTC] was up 8.75% during this time. It’s fair to say that the bullish sentiment around Bitcoin — as it set new all-time highs against the U.S. Dollar — has positively impacted the altcoin market. Bitcoin added $11k this week after moving above a…
In a week when Bitcoin set a fresh record high, the crypto crowd reminded everyone it still has a strong taste for absurd and irreverent coins with zero utility. On Saturday, Pump.fun—a Solana-based platform that lets users create their own custom memecoins—raised a jaw-dropping $600 million in just 12 minutes during a public token sale, according to Bloomberg. That figure brings the platform’s total raise to a staggering $1.32 billion, after already offloading 180 billion tokens to private investors at the same $0.004-per-token price. The sale ranks among the largest initial coin offerings (ICOs) in crypto history. Pump.fun announced the…
Traditional streaming platforms like YouTube, Netflix, and Twitch dominate the digital media space, but not without problems. These centralized giants control content discovery, profit from user data, and often leave viewers unrewarded. Add in algorithmic censorship and profit-driven decisions, and it’s clear the system serves platforms more than people.That’s why Myco, a series A company based in Dubai, built the Myco decentralized media platform on Web3 technology to shift power back to creators and viewers. By using blockchain, Myco aims to reward engagement, resist censorship, and foster a more transparent, community-driven ecosystem.Myco promises a new kind of streaming experience, one…