Two Solana-based meme coins, Jimothy The Raccoon (JIMOTHY) and Bullshit Coin (BULLSHIT), surged 41% and 21% respectively following a viral post by a SpaceXAI manager calling the crypto community 'insane.' The post triggered a flood of replies promoting these tokens, which lack traditional project fundamentals like roadmaps or products, making social media attention the key price driver. Jimothy, inspired by a viral Seattle raccoon, has seen previous spikes linked to social media buzz, including Elon Musk's posts. The recent gains highlight how social reach and viral moments continue to influence meme coin markets despite limited underlying value.
OpenSea has reintroduced support for Solana NFTs on its OS2 platform, fully enabling buying, selling, and bidding as of early September. This marks Solana as the first non-Ethereum blockchain with full NFT trading on OpenSea, positioning Solana colle...
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
Solana's price slipped below the key $100 support level, trading near $99.30 after sellers rejected it from the $104–$105 range. This decline is driven by broader crypto market weakness, bearish 4-hour Supertrend signals, and concentrated liquidation...
Zcash (ZEC) dropped more than 10% to below $1,100 following hotter-than-expected US inflation data that sparked a broad crypto market selloff. The altcoin's market cap fell from over $20 billion to $18.5 billion, though it remains the 10th-largest di...
The U.S. Consumer Price Index (CPI) for August rose 3.4% year-over-year, matching expectations, with core CPI at its lowest since 2021. This inflation data led to a Bitcoin price rebound above $78,000, alongside gains in Ethereum and Solana. Despite ...
