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news-imageJanuary 2, 2025

AI16Z Token Hits $2.5B Market Cap, Surpassing BONK and Pudgy Penguins

AI16Z has achieved a $2.581 billion market cap and set a new benchmark for AI-powered tokens on Solana.
Publisher: Coinspeaker
Sentiment: Positive
BONK
PENGU

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Positive
cover-imageBenzinga
January 30, 2025

Can Bonk Mirror Shiba Inu's Explosive Growth From Last Cycle?

Solana's (CRYPTO: SOL) leading meme coin, Bonk (CRYPTO: BONK), has seen a price dip, but traders continue to emphasize its strong fundamentals and potential for a major rally. What Happened: Crypto trader Unipcs argued on Thursday on X that there's no reason to be bearish on BONK at current levels, citing multiple bullish catalysts.

Positive
cover-imageCoingape
January 27, 2025

Pudgy Penguins Linked Abstract Chain Goes Live On Mainnet

In an astounding development, Abstract Chain, an Ethereum Layer-2 network launched by Pudgy Penguins' parent company, Igloo Inc., has gone live on the mainnet. Reportedly, the Ethereum-based Layer 2 blockchain is designed to empower crypto communities and facilitate user-centric Web3 applications.

Positive
cover-imageBenzinga
January 21, 2025

Bonk Rallies 10% Following Bonk, Dogecoin, Trump Meme Coin ETF Filing

Bonk (CRYPTO: BONK) is rallying following a first filing for a Bonk ETF. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003417 $2.6 billion +10.5% +25% OFFICIAL TRUMP (CRYPTO: TRUMP) $42.39 $8.5 billion +6% +552.5% Dogecoin (CRYPTO: DOGE) $0.3832 $56.6 billion +6.9% +7.4% Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim.

Positive
cover-imageCrypto Economy
January 21, 2025

XRP, DOGE, and BONK ETFs? REX Shares Pushes for Crypto Investment Expansion

TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.

Neutral
cover-imageBenzinga
January 21, 2025

Meme Coin Supercycle? Dogecoin, Trump, Bonk Futures ETF Applications Filed

Just a day after Donald Trump's inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins. Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.

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