Crypto market update June 2, 2024

Overview:

Major cryptocurrencies have not moved significantly in a sideways week.

Major memecoins are down 1-3%.

News:

-$MOTHER skyrockets 40% to $69 million as Iggy doubles (investment).

Boxing champion Floyd Mayweather launched $FLOYD alongside Sahil, but the market showed little interest (market cap just $1.3 million).

The @pacmoon_ team tightens management by adding validator tagging to minimize information noise.

BAZINGA, TMANIA, TROG, ELON, STRUMP coins performed better.

Runes are up slightly, with DOG leading the way with a capitalization of $760 million.

Azuki fell 11% to 4.1 ETH, with most top cryptocurrencies in ETH down.

GameFi & DeFi:

Fantasy Top Main Tourney 3 has ended, there are no other tournaments listed.

http://pump.fun's revenue exceeds $30 million.