Coins, wallets & tokens

Rise of Memecoins: Impact on Cryptocurrency Market Sparks Controversy

Since the beginning of April, the cryptocurrency market has seen a surge in new token creation, with over one million new tokens coming into existence.  Ethereum alone has welcomed over 370,000 new tokens, while Solana has seen the launch of more than 640,000 new tokens, predominantly memecoins. During this period, the Ethereum network has introduced 372,642…

Dogecoin reaches an all-time high of almost 12 cents

Elon Musk’s favorite meme-cryptocurrency is now worth 10 cents and above. As per CoinDesk, in the last 24 hours, it has risen 70.22%, the highest ever recorded till now. The value of meme cryptocurrency Elon Musk won’t stop tweeting about is almost 12 cents or $0.122680. Started as a joke, the market cap of DogeCoin,…