Bitcoin24h $66,653.17+1.06%

Ethereum24h $2,023.47+2.06%

BNB24h $607.95+0.39%

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TRON24h $0.3194-0.89%

Dogecoin24h $0.0907+0.39%

Hyperliquid24h $36.76-3.51%

Bitcoin Cash24h $458.81+2.28%

UNUS SED LEO24h $9.70+0.46%

3AC founders’ Three Arrowz Capitel memecoin crashes faster than 3AC

Kyle Davies and Su Zhu have launched Three Arrowz Capitel, a memecoin based on a misspelling of their failed hedge fund.

Research finds less than 0.002% of Pump.fun memecoins succeed

A devastating analysis of memecoin platform Pump.fun has found that less than 0.002% of its tokens ever sustain a $1 million market cap.

Amid the FX and carry trade crisis in Japan last weekend, bitcoin lost one-fifth of its value. Other crypto assets fared far worse.

The tokens were created to cash in on the hype around Euro 2024, however, it didn’t take long for them to be labeled as scams.