Fresh news from the crypto world! 🌐

- The team behind the “Uptober” memecoin accuses influencer Jaypeg of alleged promotional fraud. Jaypeg allegedly received tokens to promote the project, sold them, and then denied receiving the funds.

- Onchain detective ZackXBT revealed evidence contradicting Jaypeg’s claims, linking the wallet address to a Solana Saga unboxing video.

- In response, Jaypeg alleged blackmail and donated the money to charity.

- Memecoins are booming, with analysts predicting a supercycle through 2025. Solana has seen the creation of 633,357 new tokens since September.

What do you think about the future of memecoins? Leave us your comment!