Memecoins Surge 4x in 2024 Popularity
Memecoins dominated 31% of crypto narratives in 2024, a nearly fourfold increase from the previous year, driven by speculative interest in cultural virality over fundamentals. #Update #Crypto @CoinGecko ↗ (+6)
CryptoSlate is a trusted crypto media outlet offering real-time market data, in-depth news, and expert perspectives on blockchain technology. At Voted.News, we streamline CryptoSlate’s comprehensive coverage into quick-read updates—giving you rapid access to the latest trends in Bitcoin, DeFi, and NFTs. Stay current with CryptoSlate’s reliable insights, now in a concise format that keeps you fully informed without the noise.
Memecoins dominated 31% of crypto narratives in 2024, a nearly fourfold increase from the previous year, driven by speculative interest in cultural virality over fundamentals. #Update #Crypto @CoinGecko ↗ (+6)
The crypto market saw $308M inflows despite $576M outflows on Dec. 19 linked to Federal Open Market Committee projections, with $BTC and $ETH leading inflows; $SOL and multi-assets faced outflows. #Update #Crypto @FOMC ↘ (-2)
@Tether_to invests $775M in @rumblevideo for decentralization, boosting Rumble stock 35.89% to $9.77 post-announcement (Dec 2023); deal closes Q1 2025 pending approval. #Update #Crypto @Tether_to ↗ (+35.89)
Coinbase forecasts 2025 as pivotal for pro-crypto regulation in the US, tokenization to reach $2T-$30T, DeFi resurgence, and stablecoin market hitting $193B (Mar 2024).
#Crypto @Coinbase **↗** (+3)
Crypto ETFs may see in-kind redemptions and $ETH staking early under new SEC leadership by Paul Atkins, says SEC Commissioner Hester Peirce. #Update #Crypto @coinage_media ↗ (+2)
@Shibtoken partners with @Chainlink to integrate CCT standard and CCIP, enhancing $SHIB $LEASH $BONE cross-chain functionality across 12 blockchains (Dec 2024). #Update #Crypto @Shibtoken ↗
@BitgetGlobal partners with @SunPumpTRON to enhance TRON’s memecoin ecosystem, boosting projects like #SunDog and #NextMate with $10M-$100M market caps (Dec 2024). #Update #Crypto @BitgetGlobal ↗ (+3)
@Hedera increased $HBAR by 1.39% to $0.27011 in 24h as its hashgraph platform enables secure, trustless online collaboration and transactions (June 2024). Cryptocurrency @Hedera ↗ (+3)
@Bitget has acquired $10M of $TRX from @TRON, a leading Layer 1 blockchain with over 279 million user accounts. This partnership aims to boost blockchain development and accessibility, potentially setting new standards for digital transactions. #CryptoNews #Blockchain
The @Polygon community halted a $1.3 billion proposal to invest stablecoins in Morpho’s DeFi platform due to security concerns, potential ecosystem risks, and disputes with @Aave. This decision highlights the challenge of managing large $stablecoin reserves. #CryptoNews #DeFi #Blockchain
Deutsche Bank’s Project Dama 2 uses Ethereum’s layer-2 tech to improve compliance in traditional finance. Partnering with Memento Blockchain, the project aims for secure, low-cost asset servicing using ZKsync’s technology. @DeutscheBank #Ethereum #Blockchain #CryptoNews
@Bitwise Asset Management launched a new Solana Staking ETP on Deutsche Börse Xetra. This product allows investors to earn rewards from $SOL staking with a 0.85% fee. It marks their third staking ETP in 2024. #CryptoNews #Blockchain #Solana
@Ethena Labs proposes adding the $sUSDe stablecoin to the @WLFI protocol, aiming to boost liquidity and user rewards. With a 27% APY and a $6.1 billion market cap, $sUSDe could enhance DeFi opportunities. #DeFi #Stablecoins #CryptoNews
@Polygon accuses @Aave of acting monopolistically after rejecting a proposal involving Morpho. @Aave threatens to leave @Polygon’s network. This dispute highlights key challenges in DeFi governance and competition. #DeFi #Web3 #CryptoNews