According to crypto investigator ZachXBT, Sahil Arora, a promoter of numerous celebrity coins, earned approximately $3 million throughout 2024.
The popular metaverse project The Sandbox has announced its acquisition of several meme coins, including PEPE, SHIB, DOGE, and BONK. This move is aimed at bolstering the Web3 ecosystem and fostering a culture of creativity, essential elements in any metaverse.
Over 75% of non-vote Solana transactions are failing. This problem seems to stem from the recent influx of new meme coins, as acknowledged by several project supporters. They point out that the bulk of these failed transactions are generated by regular arbitrage spam bots.
Between October 4 and 13, Vitalik Buterin, co-founder of Ethereum, raised 1,100 ETH (roughly $2.78 million) by selling various meme coins that were gifted to him. Of that amount, 360 ETH ($884,000) has already gone to charity.
Normie, one of the largest meme coins on Base, has suffered a security breach. The project's developers quickly initiated negotiations with the responsible hacker.
Vitalik Buterin, in his latest post, has drawn the community's attention to the potential utility of meme coins.
