Memecoin market capitalization reached nearly $30 billion on October 18, but trading activity for most new tokens launched on Pump.fun quickly drops off. Data shows that 79% of tokens only traded on launch day, and just 1.5% had trades a month later, highlighting a gap between overall market value and actual token-level activity. Tokens that reached a platform milestone called "graduation" were more likely to maintain trading, but these represent a small fraction of all tokens. This suggests that while memecoins attract high valuations, sustained trading and fresh investment are limited for most new tokens.
The memecoin market nearing $30 billion provides context for cryptocurrency trends. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 18, 2026 20:21 WIB: out of 50 major cryptocurrencies, 13 rose and 35 fell. Notable movers include ZIL at Rp40 with a 1-day change of -3.79%, KSM at Rp75,624 down 3.21%, and NEO at Rp39,515 down 2.90%.
American Airlines CEO Robert Isom has sold 335,000 shares of the company, generating $4.3 million from the transaction. This sale could indicate a personal financial decision or a strategic move by the CEO, which investors might watch closely for any...
The ALCX cryptocurrency token experienced a sharp decline, falling 10.55% within one hour to $2.12 on October 18, extending its 24-hour drop to 14.18%. Earlier in the day, ALCX had reached $2.51 but then steadily decreased while most other altcoins t...
Ether (ETH) fell by 1.21% within one hour on October 18, reaching $2,386 on Binance's ETH/USDT spot market, down $30 from the previous hour. Over the past 24 hours, ETH declined 1.61%. During the same hour, liquidations on Binance, Bybit, and OKX tot...
Wells Fargo reported mixed third-quarter results with earnings per share beating estimates but revenue falling short. The bank's net interest margin remained steady at 2.43%, supported by rising asset and borrowing yields, leading to a $200 million i...
Hackers are moving stolen cryptocurrency funds from recent attacks, including Ledger and Bitget exploits, into Zcash shielded pools to hide their tracks. This trend highlights Zcash's growing use as a privacy tool for laundering, similar to Monero, w...
