Tag: Memecoin

3 Memecoin Fails You Should Avoid – Experts Warn!

ARK Invest CEO Cathie Wood has predicted that most memecoins will eventually become “worthless,” cautioning investors to stay clear of viral tokens. In an interview with Bloomberg, Wood expressed her skepticism toward internet meme-based coins and AI-generated tokens, saying they “won’t be worth very much” in the future.

Ark Invest CEO talking about Memecoin

Instead of backing these speculative coins, Wood focuses on established cryptocurrencies such as Bitcoin, Ethereum, and Solana, which she believes will grow stronger over time. She emphasized that the market is volatile, with many losing substantial value as shown in this post.

“There’s nothing like losing money for people to learn,” Wood said, warning traders that the SEC and regulators are not taking responsibility for meme coins. However, Wood did single out the TRUMP Official Token as one of the few that could “withstand the test of time.”

Why Memecoins Are Heading Toward Worthlessness

The meme coin market, once worth over $137 billion in December 2022, has lost more than 60% of its value, now standing at $51.6 billion. This downturn includes sharp crashes in tokens like the LIBRA meme coin and the TRUMP meme coin, which has fallen nearly 85% from its peak.

On-chain data from ARK Intelligence highlights significant losses in the meme coin sector, including a portfolio of viral meme coins held by analyst Murad Mahmudov, which saw an 80% drop in just two months.

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Despite some recent growth in global liquidity and the weakening U.S. dollar, the memecoin market has shown little signs of recovery, with platforms like Pump.fun experiencing significant revenue declines.

As the memecoin market flounders, Wood’s cautionary message stands as a stark reminder for investors.

Dogecoin Drops 30%, Hits Lowest Price in Four Months Amid Market Sell-Off

Summary: Dogecoin has dropped 30% in the past month to a four-month low of $0.1735. Down 20% in the last week, in the past 24 hours alone, it has lost nearly 10%. Despite the price fall, Dogecoin remains in the top 10 cryptocurrencies based on market capitalization.

The sell-off comes as the crypto market struggles following Donald Trump’s “crypto reserve” announcement, which initially caused a surge in prices before leading to a broader downturn. Bitcoin and Ethereum have both declined, but Dogecoin has taken a sharper hit. The coin had previously benefited from optimism around Trump’s win and a government initiative humorously named DOGE, as well as continued backing from Elon Musk.

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Over the last three months, Dogecoin has lost over 40% of its value, with heavy selling pressure.In the space of only 24 hours, almost $22 million in Dogecoin positions were wiped out. Nevertheless, fresh investment opportunities such as ETFs could offer hope, with Bitwise seeking a Dogecoin ETF and Grayscale releasing a Dogecoin Trust. Experts rate the possibility of approval for these funds at 75% for this year, and this would stabilize the price.

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Until then, Dogecoin hovers in limbo, with dwindling buzz and ongoing sell-offs. Unless sentiment in the market changes, the coin will likely continue to fall.

FAFO Memecoins Take Over Pump.Fun After Elon Musk’s Tweet

Summary: A single tweet by Elon Musk has spawned a torrent of FAFO-themed memecoins on Pump.Fun. The insanity began when Musk half-jokingly suggested that “FAFO” could be the DOGE enforcement wing. There have been hundreds of FAFO tokens since then, most with small market caps and no trading volume. While some traders try to capitalize on the hype, history shows these coins rarely hold lasting value.

Elon Musk has once again set off a memecoin frenzy. On February 23, he jumped into a discussion on X about renaming DOGE as the “Federal Agency for Financial Oversight (FAFO).” Musk quipped, “Maybe FAFO can be the enforcement arm of @DOGE.” That single tweet was enough for memecoin creators to flood Pump.Fun with FAFO-themed tokens.

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Since then, numerous FAFO memecoins have launched, including:
– FAFO (FAFO) – Peaked at a $349,494 market cap with $230K in trading volume.
– F**k Around & Find Out (FAFO) – $48,045 market cap, but zero volume.
– FederalAgencyFinancialOversight (FAFO) – $8,888 market cap, no volume.
– Fafo (FAFO) – $8,134 market cap, no volume.

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This isn’t the first time X-driven hype has fueled memecoin mania. When Kash Patel was rumored as the next FBI director, Pump.Fun was flooded with fake coins using his name. While some traders try to ride the wave, most of these tokens have little real value.

SEC Confirms Meme Coins Aren’t Regulated, Warns of Fraud

Summary: The SEC has officially declared that meme coins are not considered securities under U.S. law. In a February 27 statement, the agency clarified that meme coins function as collectibles rather than financial assets since they don’t guarantee profits or income.

While the SEC is not regulating meme coins directly, it warned that fake transactions would be met with prosecution by other officials. The crypto space welcomed this transparency positively, and analysts have indicated that it can bring more investors into the market. Crypto-friendly exchanges such as Coinbase and Robinhood saw small bumps in their stock prices following the announcement.

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Concurrently, politicians are demanding stricter controls. The MEME Act, introduced, would criminalize profiting by public officials from endorsing meme coins. This follows on the TRUMP coin scandal, when its price wildly oscillated following its release.

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The SEC stance brings regulation clarity, even though the threats in the meme coin environment remain, most notably with scams and political activism now more widespread.

Football Legend Ronaldinho Teases Crypto Project Amid Scam Concerns

Summary: Brazilian football icon Ronaldinho warned off users from imposter meme coins being traded in his name and suggested a big crypto-related revelation. His post is well-timed as meme coins lose appeal, with investors gravitating toward utility-based altcoins.

Cryptocurrency analyst Michael van de Poppe, nonetheless, criticized the move, asking Ronaldinho to put efforts toward safeguarding investors rather than coming up with a meme coin.Others worry that whoever helps him create a token could exploit his reputation. These concerns aren’t unfounded—Ronaldinho was previously linked to a crypto scam.

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Celebrity-backed meme coins often fail. Tokens tied to figures like Trump, Iggy Azalea, and Andrew Tate have dropped over 80%, and 97% of meme coins eventually become worthless. Even Binance’s former CEO has warned against them, calling them harmful to crypto’s reputation.

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Despite the risks, meme coins remain part of the industry, and the SEC recently clarified they aren’t securities. Whether Ronaldinho’s project will succeed or fade like many others remains to be seen.

Coinbase CEO Cautions: Memecoins Could Lead to Legal Trouble

Coinbase CEO Brian Armstrong warns memecoin traders about legal risks, insider trading, and scams—saying chasing quick cash could land you in jail.

Brian Armstrong, CEO of Coinbase, just dropped a major reality check on the memecoin craze. He’s all for free markets, but he’s making it clear—there’s a fine line between hype and straight-up illegal moves, especially when it comes to insider trading.

Recently, memecoins linked to Donald Trump and Argentina’s President Javier Milei crashed hard, sparking controversy. Armstrong took to X (formerly Twitter) to say that while Coinbase lists what users want, people need to be smart. Just because Dogecoin blew up doesn’t mean every memecoin is a safe bet—some are straight-up scams.

He believes memecoins are just the beginning, predicting that everything—art, votes, contracts—will eventually be tokenized on-chain. But that doesn’t mean investors should blindly dive in. Coinbase, he says, will keep warning users about sketchy tokens.

His biggest warning? Insider trading in memecoins is illegal, and people caught trying to game the system will end up behind bars. Every crypto cycle, there’s a wave of people trying to get rich quick, but Armstrong’s advice is clear: Build something valuable, or risk learning the hard way.

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Bitcoin Pushes Toward $100K as TRUMP Memecoin Surges 40%

Summary: Bitcoin continues to rise, trading in excess of $98,000 with hopes of reaching six figures soon. Meanwhile, the memecoins are making waves, with TRUMP rising 40% to trade in excess of $20. XRP is also making a robust recovery, rising 10% in the previous 24 hours.

Bitcoin is heading in an uptrend trend to a high of $98,600 following the increase by 4.36% from its weekly low of $94,500 on 12th of this month. The market players are attempting to shatter the $100,000 benchmark with consistent trend as the weekend looms ahead.

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Beyond Bitcoin, the memecoin space is hot. DOGE, WIF, and PNUT have all gained 6%, 13%, and 15% respectively. But the real winner here is Donald Trump’s very own TRUMP token, which has increased by over 40% and is now trading just under $21—its highest level since the initial round of mania.”.

XRP is also higher by 10% over the last 24 hours and 17% over the last seven days. MANTRA (OM) is also a top gainer with a 39% rise, followed by XDC with an 11% rise, and WIF with a 10% rise.

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According to CoinMarketCap, the total crypto market cap stands at $3.24 trillion at the moment and has experienced a daily trading volume of $106 billion. With Bitcoin growing stronger and memecoins being popular, the weekend could witness even higher volatility in the market.

CZ Warns Against Memecoins, Deletes Tweet After Backlash

Summary: Binance founder CZ warned investors against memecoins, advising them to stay away if they can’t handle volatility. His tweet came after a surge of “Broccoli” tokens inspired by his pet dog. CZ later deleted the post, saying his words were being misinterpreted.

Binance founder and former CEO Changpeng Zhao (CZ) briefly warned traders to “not touch memecoins” unless they could handle extreme volatility. However, he later deleted the tweet, explaining that people tend to overanalyze his posts.

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Over the past few days, CZ has been engaging with followers on X, trying to understand the memecoin craze. In a playful exchange, he promised to share pictures of his pet dog, Broccoli. His followers responded by launching multiple “Broccoli” memecoins on Binance Smart Chain (BSC), which collectively hit a $200 million market cap in under 12 hours.

Addressing the frenzy, CZ tweeted that while many claim to love memes, they are often just looking for quick-profit signals—something he doesn’t provide. He also pointed out that the memecoin scene on BSC is still underdeveloped, with platforms facing performance issues.

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He noted that six Broccoli-inspired tokens had already surpassed $200 million in market cap but stopped short of saying whether that was a good or bad thing. Instead, he urged traders to practice risk management.

CZ later deleted his tweet, replacing it with another stating that people often misinterpret his words in different ways.

CZ’s Dog-Inspired Memecoin Hits $400M Market Cap Before Cooling Down

Summary: Binance founder CZ’s pet dog has sparked a memecoin frenzy after he shared a picture online. One of the many “Broccoli” coins launched in response skyrocketed to a $400 million market cap within an hour before settling at $176 million. CZ distanced himself from the hype, warning against quick profits in memecoins.

Crypto traders wasted no time after Binance founder Changpeng “CZ” Zhao posted a picture of his pet dog. As expected, hundreds of memecoins named “Broccoli” surfaced within hours, with one shooting up to a staggering $400 million market cap in just 60 minutes.

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The Broccoli memecoin is currently trading at $0.1768, having reached an all-time high of $0.42 during its first-day trading frenzy. It now carries a market capitalization of $176 million.

Reacting to the overnight hype, CZ took to X to post his position in a since-deleted post, saying he does not promote or endorse any memecoins. He had previously joked that every time he shares a picture of his pet, traders rush to launch related tokens. In a separate post, he cautioned against the lure of quick profits in memecoins.

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For now, multiple Broccoli-themed tokens continue to be traded across decentralized exchanges like pump.fun, with most of them built on Binance’s BNB Chain.

Pump.fun Sees Surge of Fake Beer Biceps Memecoins Amid Ongoing Controversy

After drama on India’s Got Latent, fake Beer Biceps and Samay Raina memecoins popped up on Pump.fun, pumping fast before crashing. Traders jumped on the hype, just like they did with Elon Musk’s “Harry Bolz” and Saif Ali Khan’s controversy. In crypto, virality = quick cash grabs.



The internet loves drama, and crypto traders love profiting off it. After the India’s Got Latent controversy involving YouTuber Ranveer Allahbadia (Beer Biceps) and comedian Samay Raina, memecoins using their names flooded Pump.fun.

Two of the biggest ones, BEERBICEPS and Justice for Ranveer Allahbadia (JFRA), saw quick pumps—BEERBICEPS spiked 35% before crashing back to its launch price, while JFRA jumped 22% before fizzling out. Both had tiny market caps of around $5,500, meaning they were just quick speculative plays.

Samay Raina wasn’t spared either—tokens in his name also appeared, hitting a market cap of just $5,625. The whole thing started when India’s Got Latent aired roast segments featuring Ranveer and Samay, leading to a police complaint. As soon as the news dropped, crypto traders seized the moment, launching memecoins to cash in on the virality.

This isn’t new—when Elon Musk changed his X name to “Harry Bolz,” a flood of Harry Bolz memecoins hit the market. After news of Saif Ali Khan’s attack, fake tokens in his name appeared too. In the crypto world, every viral moment is just another pump-and-dump opportunity.

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