Latest news with #MemeCore
Time of India
04-08-2025
- Business
- Time of India
Cryptocurrency Live News & Updates : Bitcoin Could Reach $166,000, Says CryptoCon
04 Aug 2025 | 11:45:13 PM IST According to analyst CryptoCon, Bitcoin's price trajectory suggests a potential rise to $166,000, following a Fibonacci model that has guided its movements over the past two years. The cryptocurrency market is buzzing with speculation as Bitcoin's price recently dipped to around $114,500 after hitting an all-time high of $123,000. Analyst CryptoCon predicts a rise to $166,000 based on Fibonacci extensions, a pattern observed in previous cycles. Meanwhile, the broader crypto market is experiencing a rally, with Bitcoin rebounding to $115,300 and altcoins like Spark and MemeCore gaining traction. This surge follows the successful Circle Internet IPO and potential changes in the Federal Reserve's leadership, which could lead to interest rate cuts, historically favorable for crypto prices. Additionally, Ethena has shown strong performance, rallying 11.23% and holding above key support levels, while new projects like Pepeto are gaining attention due to their utility-driven models. Chainlink is also making strides by launching Data Streams for U.S. equities, enhancing the tokenized asset market. As the market evolves, analysts are closely watching these developments, with the potential for significant price movements in the coming months. Show more
Yahoo
16-07-2025
- Business
- Yahoo
BNB Chain News: $1 Billion BNB Burned as Meme Coins Explode
TL;DR: Crypto market rally: Bitcoin hits ATH, altcoins outperform, BNB Chain mcap is up. BNB Chain leads L1 trading volume; TVL up; meme coins dominate top performers. Ecosystem growth: 100+ tokenized RWAs coming to BNB Chain, BNB Treasury IPO plan, ERA airdrop. The market is hot this week, seeing an almost across-the-board recovery among most sectors. Bitcoin (BTC) tagged a new all-time high, and altcoins are beginning to show signs of outperformance as Bitcoin's dominance slips. With that in mind, here's how the BNB Chain sector shaped up this week👇 BNB Chain Market Recap Following its recent recovery, the BNB Chain sector put on a further show of strength this week, boosting its market capitalization (mcap) by 9% to reach $193 billion. Source: Top BNB Chain Tokens The majority of popular BEP-20 assets are in the green this week, with some of the best performers gaining upwards of 50%. BNB (BNB) is now closing in on $700 after gaining 5% week-on-week while the sector is just inches away from its highest-ever mcap. Some of this week's best performers include: Hyperlane (HYPER): +244.2% (dual listings on Upbit and Bithumb) CROSS (CROSS): +156.2% Osaka Protocol (OSAK): +93.2% 1inch Network (1INCH): +70.1% MemeCore (M): +69.3% (continued momentum from multi-exchange listing) Meme coins currently dominate the top list. On the flip side, the list of worst performers is comprised of low float/high FDV projects and meme coins, including: Banana For Scale (BANANAS31): -59.9% Lagrange (LA): -44.8% Cheelee (CHEEL): -18.4% (large supply unlock) Subsquid (SQD): -16.1% Humanity Protocol (H): -8.3% BNB Chain continues to lead the L1 space in terms of on-chain trading activity, regularly clocking in more than $10 billion in DEX trading volume—more than all other L1s combined. Meanwhile, the chain is neck-and-neck with Tron when it comes to stablecoin transfer value, with both vying for second place behind Ethereum. Source: DefiLlama The platform saw a respectable 7.6% increase in total value locked (TVL) this week, largely driven by the growth of Lista DAO, which is now closing in on Venus as the platform's largest lending market. BNB Chain News Roundup The BNB Chain ecosystem continued showing signs of fundamental growth this week, with several major announcements and updates helping to fuel the sector's recent success. Some of this week's most significant updates include: Ondo Finance Brings 100+ Tokenized RWAs: BNB Chain has integrated Ondo Finance, giving users on-chain access to more than 100 tokenized U.S. stocks, ETFs, and funds, greatly widening the ecosystem's regulated real-world asset menu. U.S.-Listed BNB Treasury Firm Planned: YZi Labs and 10X Capital unveiled a 'BNB Treasury Company' that will buy and hold BNB and seek a U.S. IPO, offering institutions equity-style exposure to BNB Chain growth. Caldera (ERA) Airdrop & Listing: Binance named Caldera (ERA) the 27th HODLer Airdrop project; the modular roll-up issues on BNB Chain and Ethereum and is set to start trading on July 17, with 20 million ERA going to BNB stakers. 32nd BNB Auto-Burn Removes $1 Billion: BNB Chain executed its 32nd quarterly auto-burn on July 10, permanently eliminating 1,595,599 BNB (≈ $1.02 billion) and moving the circulating supply closer to the 100 million-BNB target. >> See you next week for another dose of BNB Chain news, updates, and analyses.
Cision Canada
04-07-2025
- Business
- Cision Canada
MemeCore Announces $M Token Listing on Major Centralized Exchanges
SINGAPORE, July 4, 2025 /CNW/ -- MemeCore, the world's first Layer 1 blockchain built specifically for the Meme 2.0 era, is proud to announce the official listing of its native token, $M, on multiple centralized exchanges. Trading commenced on 3 July 2025, with the $M/USDT trading pair available on Binance Alpha, Kraken, Bitget, BingX, HTX and Hashkey. To commemorate this milestone, each participating exchange will be launching exclusive trading campaigns and giveaways to reward users. Full campaign details can be found on the respective exchange platforms. Redefining Memes with Layer 1 Power MemeCore was designed to usher in a new age of crypto-powered virality — Meme 2.0 — where meme coins are no longer fleeting trends, but enduring cultural and economic forces. Through a unique incentive structure that rewards content virality, on-chain activity and community participation, MemeCore enables memes to become the backbone of a new, self-sustaining blockchain economy. What is Meme 2.0? Meme 2.0 reimagines the future of meme coins — moving beyond speculative hype into a utility-driven, community-powered model. At the heart of this vision are: Proof of Meme (PoM): A first-of-its-kind consensus model that tracks and rewards viral content, project contributions, and on-chain transactions — ensuring long-term project relevance. Meme Vaults: Smart contract-based, automatically generated reward pools that power fair and transparent contributor incentives for every meme project launched on the MemeCore chain. The Role of $M $M is the utility token of the MemeCore blockchain. It powers gas fees, staking, governance, and the PoM consensus model — making it the engine behind MemeCore's viral economy. As more meme-native projects deploy on the network, demand for $M is expected to grow alongside user engagement and content creation. About MemeCore MemeCore is the first Layer 1 blockchain specially built for Meme 2.0 — a new paradigm, where meme coins evolve from short-term speculation into long-term cultural and economic forces, powered by community-driven virality. MemeCore introduces the viral economy: a Meme 2.0 paradigm where meme coins become enduring cultural assets and active economic engines. By rewarding both content virality and transaction volume, MemeCore ensures that every meaningful interaction — whether social or on-chain — becomes part of a sustainable, value-generating ecosystem.
Cision Canada
05-06-2025
- Business
- Cision Canada
MemeCore Announces Strategic Entry into South Korea with Acquisition of KOSDAQ-Listed Company
SEOUL, South Korea, June 5, 2025 /CNW/ -- MemeCore, the world's first Layer 1 blockchain purpose-built for the Meme 2.0 movement, has officially announced the commencement of its acquisition process for a KOSDAQ-listed company, marking a significant step in its expansion into the South Korean market. As a pioneer in the viral economy, MemeCore aims to redefine meme coins as lasting cultural and economic assets. The project introduces a new paradigm — Meme 2.0 — driven by its proprietary consensus algorithm, Proof of Meme (PoM), which enhances the on-chain value and connectivity of diverse community-driven meme coins. MemeCore has recently drawn global attention after becoming the second-largest holder of $TRUMP and participating in an exclusive private dinner hosted by U.S. President Donald Trump. The invite-only event, reserved for the top 25 holders of $TRUMP, saw MemeCore co-founder ICE in attendance, signaling the growing influence and recognition of the project on the world stage. "By acquiring a KOSDAQ-listed company, we aim to establish a stronger foothold in South Korea — one of the most active markets in crypto trading — and further accelerate our expansion into the region," said Jun, CEO of MemeCore. The acquisition is a strategic move that positions MemeCore for ISMS certification and Virtual Asset Service Provider (VASP) registration in Korea. This milestone will also provide the groundwork for a robust domestic dApp ecosystem built on MemeCore's native mainnet. The acquired company is expected to realign its business operations to focus on Web3 innovation and digital assets. MemeCore is currently in negotiations and conducting due diligence with several listed companies. Upon completion of the acquisition, the project plans to sequentially launch MRC-20 token services and community-powered dApps tailored for the Korean market. MemeCore is the first Layer 1 blockchain purpose-built for Meme 2.0 — a paradigm shift that redefines meme coins from fleeting trends into long-term cultural and economic movements. Through the viral economy model, MemeCore rewards content virality and transaction activity, ensuring that every meaningful interaction becomes part of a value-generating, sustainable ecosystem. Media Contact
27-05-2025
- Business
Trump's top meme coin investors visit White House
Despite repeated claims from the White House that President Donald Trump's Thursday night gala for the top holders of his cryptocurrency meme coin had nothing to do with his official duties, several of those investors visited the White House Friday afternoon for what they described as a special VIP event, the attendees told ABC News. Sangrok Oh, a Korean crypto investor and entrepreneur, told ABC News on Friday that he and other top investors had been invited to tour the White House Friday afternoon, though it was not clear to him whether Trump himself would meet them. "So, we're going to visit and tour the White House [and] at the same time talk about crypto industries and the future of crypto," Oh said. Thursday night's black tie event, held at Trump's Washington-area golf club, was attended by around 200 cryptocurrency traders, including many from overseas, who gained admission through a contest that awarded invitations to the top investors in Trump's meme coin -- with at least some of the funds flowing directly into the Trump family's coffers. Critics have blasted the gala as a "pay for play" event in which investors who poured millions into Trump's crypto coin got special access to the president. News that top $TRUMP coin investors visited the White House appeared to contradict White House Press Secretary Karoline Leavitt's assertion Thursday that the president was attending the crypto gala in a personal capacity, and that since the dinner did not take place at the White House, it was separate from his official duties. "The president is attending [the dinner] in his personal time," Leavitt said Thursday. "It is not a White House dinner. It's not taking place here at the White House." The White House did not immediately respond on Friday to a request for comment from ABC News. Cherry Hsu, an executive at MemeCore, a Singapore-based blockchain startup, said the firm's founder, known publicly as "Ice," had also been invited to the White House on Friday afternoon. MemeCore, according to the contest leaderboard, finished second in the competition with $TRUMP coin holdings in excess of $1 million. And late Friday, Justin Sun, a Chinese crupto mogul and the top investor in Trump's meme coin, posted a highly produced video of his White House tour, writing on X, "Was an honor to be invited to tour the @WhiteHouse. Such a privilege to see it in person." In addition to his multimillion-dollar investment in the $TRUMP coin, Sun has also invested $75 million in World Liberty Financial, another Trump-backed crypto venture. One month after that investment, SEC lawyers under the Trump administration moved to halt an alleged fraud case against Sun. The Trump meme coin's website at one point earlier this month advertised a "Special VIP White House tour" for the top 25 meme coin holders as part of the contest -- but as of last week, the site said only that a "Special VIP tour" would be arranged, without mentioning the White House. The site also included a disclaimer saying the tour was being arranged by the Fight Fight Fight LLC, and that the president himself would be appearing as a "guest."
