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O.J. Simpson "Resurrected" in Meme Coins
Just a day after the death of former NFL star O.J. Simpson was announced, not only did memes related to this topic start appearing on social media, but meme coins themed around the event also popped up on decentralized cryptocurrency exchanges. The creators of these projects openly admit that their goal is to capitalize on the hype surrounding this tragic event. 
The Surge of Meme Coins You May Have Overlooked
Meme coins are a unique breed of cryptocurrencies, rooted in the widespread appeal of internet memes, iconic movie characters, or notable public figures. Their concept, easily graspable by the public, occasionally catapults these assets into popularity, leading to price surges that can multiply their value manyfold. 
Zombie Coins: Are Zombie Coins and Dead Coins the Same?
In the crypto world, zombies aren’t mythical. Thousands of cryptocurrencies exist in the market without showing much movement. You can spot zombie coins through crypto analytics platforms like CoinMarketCap and CoinGecko. When you read in the metrics “with a trading volume of $0” there, you've met a zombie. Solana Faces Network Issues
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. 
Anticipation for Payments on X Boosts Meme Coin Interest
The announcement of new payment functionalities on X has catalyzed a surge in interest for meme coins such as Dogecoin (DOGE), Floki (FLOKI), and Shiba Inu (SHIB). This growing enthusiasm is evident in the significant increase in futures open interest for these coins. Despite the heightened trading volumes, there has been little impact on their prices. 
GPU Mining in 2024: Comparing GPUs with CPUs and ASICs in Mining
Miners provide computational power to Proof-of-Work blockchain networks to process transactions, create new coins, and ensure network security. The efficiency and results depend greatly on which devices they use. The most common types of crypto mining based on the used hardware are GPU mining, CPU mining, and ASIC mining. 
More Than Half of Crypto Projects Are Dead
A recent CoinGecko study reveals a startling fact: over 50% of cryptocurrency projects (14,039), listed on the platform since 2014, have faced failure. The vast majority of these setbacks (more than 70%) occurred between 2020 and 2022, largely attributed to the ease of deploying tokens and the craze around meme coins. Polygon Considers Boosting Select Meme Coins
Sandeep Nailwal, the co-founder of Polygon, is exploring the idea of endorsing certain popular meme coins on the Polygon blockchain to draw in a broad array of new users. He noted that there is sustained interaction with these projects, even in the absence of inherent utility. 