Pepe ’s notable community engagement and unique branding have fueled its popularity among those looking for a meme coin with a rebellious flair. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical writing. INPRNT values your privacy and strives to be transparent about how we collect and use your information. If so, we could be braced for the next groundswell of ‘the next big tokens’, each stupider than the next, each ultimately being a honey trap for exit liquidity.

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After all, if fully-grown adults want to trade digital assets with little intrinsic value, who should stop them? Driving the force behind BONK is a team of 22 individuals, devoid of a central leader, a structure reminiscent of a collaborative ensemble in a symphony. That said, the industry is currently unsure as to how the Howey Test is being applied, with cryptocurrencies like Bitcoin ( BTC) and Ethereum ( ETH) seemingly getting a pass.In lieu of cold, hard facts, where else to turn to than Crypto Twitter to indulge in uncorroborated rumours. There is nothing about the crypto securities markets that suggests that investors and issuers are less deserving of the protections of our securities laws,” SEC Chair Gary Gensler said in a statement last week. To enable personalised advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies.

Without these technologies, things like personalised recommendations, your account preferences, or localisation may not work correctly. Inflation has been moderating and traders have been increasing their bets on Fed rate cuts in 2024, while the U. In a striking development within the cryptocurrency market, BONK, a Solana-based meme coin, has seen a remarkable 40% increase in value. The dog, whose real name was Balltze or “Ball Ball,” was cherished online for his endearing appearances in memes like “Swole Doge vs Cheems” and “Go to Horny Jail.Additionally, monitoring blockchain activity, especially the wallets of successful meme coin traders and whales, offers another strategic approach to discovering breakout meme coins.