According to BlockBeats, on June 28, US model Amber Rose announced the launch of her meme coin, MUVA, on her social media platform. Blockchain detective ZachXBT responded to her post, revealing that a newly created address related to the meme coin has already secured 7.2% of the total supply and has sold 227 SOL, equivalent to $33,000. As of the time of reporting, the developer's address for MUVA holds 22.14% of the total supply, with the top 10 holders accounting for 69.33%. BlockBeats urges users to exercise caution as the price of meme coins released by celebrities can be highly volatile and may be subject to issues such as pump and dump schemes.

According to PANews, Elon Musk, the renowned entrepreneur, recently took to Twitter to celebrate what he referred to as a 'victory for memes.' This comment was likely made in response to the social media reactions following the first presidential debate in the United States. Musk's statement suggests that the content of the debate sparked a significant number of memes and online discussions. The entrepreneur's tweet did not specify which debate or memes he was referring to, leaving it open to interpretation. However, it is clear that Musk was acknowledging the power and influence of memes in shaping online discourse, particularly in the context of significant political events such as presidential debates. Musk's recognition of 'a victory for memes' underscores the growing role of social media and digital communication in contemporary society. Memes, often used as a form of online commentary or satire, have become a powerful tool for expressing opinions and engaging in discussions on various topics, including politics. This incident highlights the increasing importance of understanding and navigating the digital landscape in today's interconnected world.

According to Odaily, the digital asset PHRYGES has experienced a short-term breakthrough, with its price surging to $0.000705, a 27% increase within 24 hours. It's noteworthy that PHRYGES is one of the Meme projects associated with the 2024 Paris Olympics concept. The sudden surge in price indicates a significant increase in demand for this digital asset. However, the reasons behind this sudden increase are yet to be determined. The association of PHRYGES with the 2024 Paris Olympics concept might have contributed to its popularity among investors. This news highlights the dynamic nature of the digital asset market, where prices can fluctuate significantly in a short period.

According to BlockBeats, on June 28, data from CoinGecko revealed that the Meme token BorpaToken (BORPA), launched by the cross-chain DeFi protocol Entangle, experienced a significant increase. The token's value surged past $0.12 in the early hours, reaching a peak of $0.126. It later fell back to $0.062, but still maintained a 24-hour increase of 208%. BlockBeats noted that the price of Meme tokens can fluctuate greatly and they do not have any intrinsic value. Therefore, users should exercise caution when participating in such ventures. This information serves as a reminder of the volatile nature of the cryptocurrency market, where prices can swing dramatically in a short period of time. The rise of BorpaToken is a testament to the growing popularity of DeFi protocols and Meme tokens in the cryptocurrency market. However, the subsequent drop in its value highlights the risks associated with investing in such tokens. Despite these risks, the 24-hour increase of 208% demonstrates the potential for high returns in the cryptocurrency market.

According to Odaily, Solana's ecosystem meme coin project WEN has announced the acquisition of the @ShouldHaveCat account. This account is recognized as the largest cat-themed account on the X platform, boasting over 4.03 million followers. The acquisition by WEN, also known as @wenwencoin, is a significant move within the Solana ecosystem. The @ShouldHaveCat account's substantial follower base provides a broad audience for WEN's future endeavors. Further details about the acquisition or future plans for the account have not been disclosed at this time. The acquisition is expected to have a considerable impact on the Solana ecosystem and the meme coin project WEN.

According to U.Today, a user known as @cb_doge, who identifies himself as a UX/UI and graphic designer for Dogecoin, has used his social media platform to discuss DOGE. The 'DogeDesigner' reminded the international cryptocurrency community that several of Elon Musk's businesses, including The Boring Company, accept DOGE as payment for their products and services. The post by @cb_doge indicates that anyone can reserve a ride with this company, led by Elon Musk, using the original meme cryptocurrency, Dogecoin. A month prior, the same insider from the Dogecoin team cautioned the cryptocurrency community that Tesla only accepts one type of cryptocurrency – DOGE. SpaceX also accepts this popular meme-themed cryptocurrency for their merchandise. Any claims about these Elon Musk-led companies accepting other cryptocurrencies are likely fraudulent, suggested @cb_doge. In early May, Dogecoin was officially included in Tesla’s payment options. The Dogecoin community is hopeful that the social media platform owned by Elon Musk will also incorporate Dogecoin as part of its internal payments by the end of the year. @cb_doge has previously posted several reminders that these payments will be initiated later in 2024.

According to U.Today, Shiba Inu (SHIB), a well-known meme cryptocurrency, concluded the first month of summer with its poorest performance since May 2022. By the end of June, the price of SHIB had dropped by over 33%, hitting a value of $0.000017. As the month draws to a close, it's time to examine the price history to predict what July might hold for Shiba Inu. There is indeed a reason for optimism in the SHIB community in July. Data from CryptoRank indicates that the median profitability of the Shiba Inu token in the second month of summer is 11.8%. In fact, the last few Julys have been positive for SHIB, with the price increasing by 11.8% in 2023 and 13.4% in 2022. However, 2021, the year the meme cryptocurrency was launched, was quite painful, with the price dropping nearly 30%. This drop followed nearly five times the growth in the previous three months, so the correction was not the worst. By comparison, June has never been a positive month for Shiba Inu, and history has repeated itself in 2024. Does this mean that SHIB is guaranteed to rise next month? No. Is price history a good benchmark? Yes. While nothing is certain in the cryptocurrency market, historical trends for the SHIB price can still provide some insight into what to expect, and they should not be ignored.

According to BlockBeats, on June 27, data from CoinGecko revealed a general increase in the value of Meme tokens within the Solana ecosystem. This surge was influenced by the news of VanEck's submission of a trust application for Solana. Among the tokens that experienced a rise in value, WIF and MOTHER both saw a short-term increase of over 12%, with their current prices standing at 2.18 USD and 0.086 USD respectively. BOME and BONK also experienced a short-term surge of about 7%, with their current prices being 0.0098 USD and 0.000023 USD respectively. MEW, another token in the ecosystem, saw a short-term increase of about 5%, with its current price at 0.004 USD. These increases reflect the potential impact of institutional interest on the value of tokens within a particular blockchain ecosystem. The submission of a trust application by a major player like VanEck can create a ripple effect, influencing the value of tokens within the ecosystem.

According to BlockBeats, the Star Cat (SC) token, a meme coin within the Solana ecosystem, experienced a significant price fluctuation on June 27. After breaking through the $0.01 mark, the price fell back to $0.00956, marking a 24-hour increase of 147%. Star Cat is one of the inaugural projects on the Moonshot token issuance platform by dexscreener. It's important to note that the SC token currently has no practical use cases and its price is highly volatile. Furthermore, the sustainability of meme coins in the current market environment is questionable. Therefore, users are advised to exercise caution when participating in such ventures.

According to Odaily, the number of independent Rune Dog (DOG) wallets has exceeded 73,000, with about 3,000 new wallets added within the past four weeks. However, the market value of DOG has seen a decrease, currently standing at approximately $580 million. The value of DOG is reported to be $0.005781, experiencing a 24-hour drop of 4.5%. The fluctuation in the value of DOG and the increase in the number of wallets indicates a dynamic market for this cryptocurrency. It's important to note that these figures are subject to change as the market for cryptocurrencies is highly volatile. Investors are advised to keep a close eye on the market trends for DOG and other cryptocurrencies.

According to U.Today, cryptocurrency analyst Jake Wujastyk recently shared his insights on the potential future price movement of Dogecoin. Wujastyk suggested that Dogecoin has reached a critical point where its price could either plummet or soar significantly. In the past 24 hours, Dogecoin, the original meme-inspired cryptocurrency, has seen a notable price increase of more than 8.3%, reaching the $0.12537 level. This surge in price has been accompanied by a significant increase in activity from financial institutions, which have begun buying and selling Dogecoin at a faster rate than before. On-chain data provider IntoTheBlock reported that an impressive $1 billion worth of Dogecoin has been moved by anonymous whales in the last 24 hours. These large transactions were each worth a minimum of $100,000. This increase in activity has resulted in the overall transaction volume of Dogecoin surging to 8.45 billion DOGE, representing an increase of 37%.

According to U.Today, Shiba Inu (SHIB) is showing signs of a potential recovery, with a notable increase in its core deflationary feature, the burn rate. The burn rate has risen by 101%, resulting in a total of 19,603,797 SHIB being burnt in the last 24 hours. Shiba Inu, a meme coin, has managed to hold its position as the 12th largest cryptocurrency, despite being overtaken by Toncoin. It is now aiming to regain a spot in the top 10. In the wake of a week of significant price drawdowns, this increase in the burn rate is a key strategy for moving towards the top 10. The 101% surge in this metric indicates a growing number of community members interested in deflating Shiba Inu, despite a bearish market sentiment. As per the current figures, the total SHIB sent to burn addresses now exceeds 410,727,062,984,335 tokens, equating to a monetary value of $7.26 billion. After accounting for meme coins locked in staking smart contracts, the total number of Shiba Inu remaining in circulation is now 583,318,233,745,151 SHIB, bringing the sum to 5,954,703,270,513 SHIB. While the 19 million SHIB burnt overnight may be too small to directly influence price increase, it contributes to the growing bullish metrics around Shiba Inu. This comes at a time when the price of the meme coin is emerging from the bearish zone. At the time of writing, SHIB was trading at $0.00001763, up by more than 2.6% in the past 24 hours. With the current pace of the SHIB burn rate and steady growth of the Shiba Inu ecosystem, it might make a difference in the near term.

According to U.Today, a new meme coin on the Cardano blockchain, RIO, experienced a dramatic price drop of over 96% within an hour. This drastic price change was triggered by a comment made by Cardano founder Charles Hoskinson on social media. In recent weeks, Cardano has seen the rise of a new narrative, with the creation of a meme cryptocurrency named after Hoskinson's pet pig, Nike. This meme coin quickly gained popularity and a multi-million dollar market capitalization, sparking a wave of similar cryptocurrencies. Many of these projects are based on images of Hoskinson's pets, which have been given significant attention through his social media posts. One such token is RIO, which was created using an image of a parrot that Hoskinson posted in 2021. However, when a Cardano enthusiast asked Hoskinson about the coin, he responded that the parrot's actual name was Daisy. This discrepancy led to a sell-off of the RIO token, causing its price to plummet by more than 96%. While the token's price has since recovered somewhat, it remains uncertain whether it will be able to regain its previous standing in public perception.

According to Odaily, Nashville Hot Chicken (NHC), a chain of restaurants, has announced that it will accept the DOG cryptocurrency as a form of payment at its 14 locations. The restaurant chain plans to collaborate closely with developers in the coming months and years to facilitate payments through Bitcoin, the Lightning Network, and DOG. This move is part of a broader trend of businesses embracing digital currencies as a legitimate form of transaction. However, the specific timeline for the implementation of these payment methods has not been disclosed. The integration of cryptocurrencies into everyday business transactions represents a significant shift in the financial landscape, with more and more companies recognizing the potential benefits of this digital asset.

According to BlockBeats, Meme coin Doraemon (DORAE) experienced a significant market fluctuation on June 26th. The coin, which opened trading in the morning, saw its market value surge to $2 billion at one point. However, DORAE's current price stands at $0.08484, marking a drastic drop of 91.7% within a 30-minute span. The sudden rise and fall of Doraemon's market value highlight the volatile nature of the cryptocurrency market. Despite the initial surge, the coin's value plummeted dramatically, demonstrating the risks associated with investing in such digital assets. Investors are advised to exercise caution when dealing with cryptocurrencies, particularly those that exhibit such extreme price volatility. The incident with Doraemon is a stark reminder of the unpredictable nature of the cryptocurrency market. It underscores the need for potential investors to thoroughly research and understand the risks involved before investing in any digital asset. Despite the potential for high returns, the risk of significant losses is equally high.

According to BlockBeats, on June 26th, the largest holder of WIF tokens made a significant purchase. As per the data monitored by Lookonchain, the investor spent 4.65 million USDC to buy an additional 2.3 million WIF tokens, at an average price of $2.03 per token. The investor now holds approximately 23.39 million WIF tokens, which is equivalent to around $49.6 million. The profit made on WIF by this investor is estimated to be around $83 million. This substantial investment indicates a strong belief in the potential value of WIF tokens, and could potentially influence the market dynamics of this cryptocurrency.

According to PANews, Slerf, a Meme project within the Solana ecosystem, has announced compensation for all users who participated in its pre-sale. Over 25,000 wallets have received a full refund, while the last 250 wallets have received a 25% refund. Users can verify whether they have received the deposit from the address fCuw5ppJ9aZYzjm8EsT2fHwxV1h5JwUfqXM44iX3Pzb.

According to PANews, the newly launched token issuance trading platform 'Moonshot', introduced by DEX Screener on Monday, has seen the creation of over 7000 Solana Meme coins. The platform is seen as a competitor to pump.fun. However, out of the 7000 plus tokens created on Moonshot, only 27 have reached the threshold of 500 SOL, thereby obtaining liquidity pools on Raydium. Among these, only a few tokens have shown a positive price trend. Moonshot allows anyone to create and launch their own meme coins. Users can mint a token with a fixed supply of 1 billion. Once an investor invests 500 SOL, a liquidity pool is automatically created on the Raydium DEX. Once the token reaches a market value of 500 SOL, Moonshot automatically destroys 150 to 200 million tokens, creating a deflationary effect that could potentially increase its value over time. Moonshot also locks all liquidity by destroying LP tokens, providing additional security for investors. The platform plans to conduct frequent, verifiable audits, aiming to create a safe and reliable ecosystem for meme coin enthusiasts.

According to U.Today, Shiba Inu (SHIB) has sparked hope among its community following significant developments. The meme coin's burn rate has surged by 6,018.22% today, according to token burn tracking service Shibburn. This surge has resulted in over 10.24 million SHIB tokens being burned in the last 24 hours. This is a significant update for the Shiba Inu community, especially as the crypto market has been sluggish in recent weeks. The Dogecoin (DOGE) competitor also experienced substantial losses in its trading price. However, the tide seems to be turning following this surge in its burn rate. Sending SHIB tokens to dead wallets is a highly efficient practice that helps make it a deflationary coin. It also contributes to making the overall SHIB ecosystem more efficient and streamlined. The Shiba Inu community has successfully burned more than 410 trillion coins, with the current circulation supply of the coin standing at just over 583 trillion tokens. These figures underscore the importance of these token burn events. Amid this latest surge in burn rate, the SHIB price is also showing signs of a potential recovery. At the time of writing, Shiba Inu is trading at $0.00001724. The price of the popular meme coin has surged 2.63% in the last 24 hours, according to CoinMarketCap. Interestingly, SHIB has seen a rise of 27.89% in its 24-hour trading volume, currently standing at $320.98 million. This rising volume indicates a shift in sentiment on the crypto market. Traders seem to be bullish on the meme coin following the recent crypto market slump, possibly anticipating another Shiba Inu price rally. The skyrocketing burn rate, coupled with the rising trading volume, suggests a possible rebound from current levels. These developments, along with support from the community, could potentially push the SHIB price to higher levels.

According to Odaily, crypto analyst Alex Krüger has dismissed the idea of a meme coin super cycle as a joke. He made this statement on platform X, sparking a heated debate on social media about the value and importance of meme coins. Some individuals have argued that venture capital (VC) coins are manipulated and that it's better to invest in meme coins. However, Krüger argues that both are manipulated. Beyond Bitcoin (BTC) and Ethereum (ETH), he suggests that all tokens are part of an insider game. If one wishes to engage with meme coins in the right way, they should not pay attention to others as this only applies to very short-term games. Instead, one should either launch a project, target meme coins, and get to know the team well enough to confidently get involved early, or wait for the inevitable 60%-90% pullback. Krüger advises buying bloodied chips or buying in early, stating there are no other ways. This, he believes, is the way to play the game and achieve success.