NFT sales surged to $181 million in the week ending 17 November 2024, driven by the broader cryptocurrency market rally, particularly Bitcoin's rise. Ethereum and Bitcoin led the market, while other blockchains like Solana also contributed to the rebound.
AnaisPeanut-themed memecoins have proliferated on Solana, with some reaching market caps of over $100 million.
JinseFinanceThis year’s Meme track has been a key sector in the crypto market and major public chain ecosystems. At the beginning of the year, many Meme tokens with astonishing growth emerged in the Solana ecosystem, and the daily trading volume of these tokens once reached tens of billions of dollars.
JinseFinanceStrategic Integration! RUNE acquires Kujira’s complete DeFi financial services.
JinseFinanceRecently, the atomic asset trading platform BazAR crashed due to the excessive popularity of DumDumz NFT, which made the ecological project parties currently gearing up on AO deeply aware of the importance of project stability and high concurrency.
JinseFinanceArweave, Interpretation of the Dumdumz craze: Re-playing the song of the Arweave Meme Golden Finance, the trend of changing avatars reappears in the Arweave community.
JinseFinanceDespite Ethereum's recent decline, a rare CryptoPunks NFT, Punk #7804, fetched $16.42 million, highlighting the enduring appeal of digital collectibles.
WeiliangA trader makes $8.9 million in an hour trading SHROOM on Solana, amidst the ongoing meme coin craze. Despite SHROOM's surge and subsequent retracement, Solana (SOL) faces a bearish trend, dropping 4.29%. SOL struggles to breach $200, with a potential decline to $149.20 amid increased selling pressure. However, a mid-term rebound towards $250 remains possible.
EdmundDarkfarm's BOME token, inspired by Pepe memes, went viral on Solana, surging over 47x in 24 hours amid artist's massive liquidity provision.
AlexChina faces a rising tide of corruption facilitated by the surge in cryptocurrency and electronic gift cards, challenging traditional anticorruption efforts. Experts urge a dual strategy involving legal reforms to address new corruption forms and enhanced technological capabilities for effective governance.
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