Dogecoin-backed ETFs still struggle to convince investors. After a brief surge in subscriptions, institutional interest quickly waned, confirming the difficulties these products face in establishing themselves in the market. As asset managers look to expand the crypto ETF offering beyond bitcoin and Ethereum, funds linked to memecoins illustrate the limits of this diversification. This new stagnation phase raises questions about the real appetite of investors for these atypical financial vehicles.
In brief After a single day of inflows at $345,130 on July 21, daily flows quickly dropped back to $0 on July 22, 23 and 24. Despite these frequent pauses, ETFs record their first positive week since June 18, totaling $12.12 million. DOGE’s price falls 0.17% over 24h to stand at $0.07, nearing its lowest level since November 2023. Open interest on derivatives rises to $1.10 billion, indicating an accumulation of short positions in the short term. The illusion of a return of institutional liquidity on Dogecoin ETFs Dogecoin-backed ETFs have abruptly fallen back into a complete standstill phase, breaking hopes of a prolonged rebound in institutional flows. According to aggregated data, recent activity boils down to particularly marked figures :
July 22, 23, and 24 : no net daily inflows recorded consecutively ; The surge of July 21 : $345,130 injected, breaking a series of days without inflows started on July 6 ; Weekly volume : it is the first positive week in terms of capital inflows since the week ended June 18. Although this daily dynamic seems bleak, the overall evaluation reveals a more balanced financial structure. Experts remind that days with no net flow are not unusual for recent products or displaying limited volumes, especially when tracking memecoins. Despite the dry spell observed at the end of the week, the net cumulative balance on these ETFs remains solid above the symbolic threshold of $12 million.
A divided market Beyond the lethargy of listed products, the spot market and the futures sector send highly conflicting signals reflecting uncertainty. Thus, the Dogecoin price undergoes general crypto market pressure, showing a slight drop of 0.17% over the last 24 hours to trade around $0.07. This decline occurs as the spot price hit on Thursday its lowest level recorded since November 2023. This weakness on the physical market shows a lack of aggressive short-term buyers to support the price.
Contrary to this deterioration observed on the spot price, open interest on DOGE futures is rising and firmly in the green, reaching $1.10 billion. The simultaneous combination of rising open interest and falling spot prices is a specific signal for finance specialists. The association of growing open interest with a plunging price indeed indicates a massive accumulation of short positions by investors, evidently willing to speculate on a further downward continuation of the ongoing corrective movement.
Technical indicators Despite the dominance of sellers on derivatives, the exclusively bearish market reading is nuanced by the presence of technical signals leading to longer-term reversal scenarios. Crypto analyst Ali highlights a chart pattern particularly watched by specialists. Thus, the TD Sequential indicator has just confirmed an explicit buy signal on the monthly chart of the memecoin. This rare setup occurs at a pivotal moment as the token approaches a major strategic support zone identified around $0.056.
If this historic technical floor manages to contain selling pressure and trigger a buyer reaction, projections foresee a first rebound towards an intermediate target of $0.16. In case of confirmation of this movement, the larger bullish target stands around $0.45.
The current Dogecoin dynamic therefore requires extremely careful and nuanced observation. On one side, the recurrent absence of inflows in ETFs and the rise in short positions reflect genuine short-term skepticism. On the other side, the presence of monthly buy signals on fundamental support zones proves that the structural rebound potential remains technically intact if the critical threshold of $0.056 is preserved.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Adjinacou Luc Jose
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Robinhood Chain token launch platform Memecoin.Fun has raised $3.5 million in strategic funding as the network’s decentralized exchanges approach $9 billion in cumulative trading volume.
Summary
Memecoin.Fun raised $3.5 million in strategic financing led by Becker Ventures. Funding will support launchpad infrastructure, cross-chain bridges, and a multichain memecoin platform. Robinhood Chain’s growing activity is increasing competition among token issuance platforms. According to an official announcement from Memecoin.Fun, Becker Ventures led the financing, while BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen also participated. The platform completed the transaction through the USDG token, although the announcement did not disclose Memecoin.Fun’s valuation or the terms received by investors.
Memecoin.Fun plans to use the capital to build its core products and technical systems. Its proposed work includes launchpad infrastructure for Robinhood Chain, cross-chain bridge functions, and research and operations for a platform designed to support memecoins across multiple blockchains.
By developing launch and cross-chain tools at the same time, Memecoin.Fun is entering a market that already includes projects competing for token creators and traders on Robinhood Chain. The funding announcement did not provide a release schedule for its launchpad, bridge, or multichain product.
Funding targets launch and cross-chain tools Memecoin.Fun’s financing arrives as token issuance platforms prepare new products for the recently launched Ethereum Layer 2 network. Robinhood Chain has focused on bringing traditional financial assets on-chain, but early trading has been led mainly by speculative tokens, according to data previously reported by crypto.news.
Memecoins have generated more than 80% of decentralized exchange activity on Robinhood Chain, crypto.news reported. The concentration gives token launch platforms access to the network’s most active trading segment, even as Robinhood Chain develops infrastructure for tokenized stocks and other real-world assets.
Another launchpad, Pons, unveiled plans for its V2 upgrade on July 23, according to an earlier crypto.news report. The update is scheduled for the following week and is expected to introduce an Ether-based bonding curve, Uniswap V4 integration, creator payments in ETH, and trading pairs linked to tokenized real-world assets.
According to the Pons team, V2 will change how tokens are issued, traded, and transferred into decentralized liquidity pools on Robinhood Chain. Two partners are still auditing the contracts, however, and Pons cautioned that its planned features could change before deployment.
Pons attributed the redesign to feedback collected during its first weeks of operation. After facing several attacks following launch, the team worked with infrastructure partners to stabilize the protocol and stated that it would continue developing products for Robinhood Chain traders.
The two platforms are taking different routes within the same emerging market. Memecoin.Fun has secured outside capital to develop a launchpad, bridge functions, and multichain support, while Pons is preparing an upgrade centered on ETH liquidity, Uniswap V4, creator revenue, and tokenized-asset pairs.
Neither announcement supplied comparable figures for users, trading volume, token launches, or revenue. As a result, the information released by the projects does not yet show which platform has gained more activity or whether their upcoming products will attract lasting liquidity.
Robinhood Chain activity raises competitive stakes Within three weeks of its launch, Robinhood Chain attracted $431 million in total value locked and nearly $400 million in stablecoin market capitalization, according to figures previously cited by crypto.news. Those totals give launch platforms a growing pool of on-chain capital, although crypto.news noted that most decentralized exchange activity has remained tied to memecoins rather than tokenized real-world assets.
FalconX reported additional signs of rapid adoption in a research primer published Monday. Citing network data, the digital asset brokerage said Robinhood Chain was processing about 6 million transactions per day and serving more than 250,000 daily active users after its July 1 mainnet launch.
Using Artemis data, FalconX also reported that Robinhood Chain had moved ahead of Coinbase’s Base network on some activity measures. The research firm placed cumulative decentralized exchange volume near $9 billion, indicating that traders have generated substantial turnover during the chain’s opening weeks.
FalconX described Robinhood Chain as one of the busiest blockchains following its mainnet debut, though its primer did not establish how much of the activity would continue after the initial launch period. crypto.news data showing memecoins responsible for more than four-fifths of exchange activity also indicates that speculative assets have driven much of the network’s early use.
For Memecoin.Fun, the funding provides resources to compete for that trading activity while building links with other chains. Its planned bridge could allow assets or users to move between networks, while the all-chain product would extend its token-launch model beyond Robinhood Chain if the team completes the proposed development.
The announcement did not identify supported chains, bridge security partners, an audit schedule, or dates for product deployment. Those details will determine how quickly Memecoin.Fun can put the $3.5 million financing to work as Pons and other launchpads release competing tools for Robinhood Chain’s growing base of traders and token creators.
Hackers compromised Tenev’s X account and used it to promote the fake $VLAD memecoin. The hackers did this after Robinhood Chain surpassed $700 million in on-chain assets. Hackers focused on one of the biggest personalities in the world of cryptocurrencies due to rumors about the Robinhood Chain ecosystem. The official X account of Robinhood CEO Vlad Tenev was hacked and then used to publicize the scam token. Hackers created a fake token called Vladhood ($VLAD) and falsely claimed it was the official Robinhood Chain mascot.
🚨Heads up: Our CEO Vlad Tenev’s X account was compromised and posted a fake promotion for a meme coin.
We’re working with X to restore access and the post has been removed.
— Robinhood Comms (@RobinhoodComms) July 23, 2026
The deleted post claimed Robinhood would list the token in its app and provided a wallet address for purchases. The post claimed the token aligned with Robinhood’s broader blockchain strategy and encouraged community participation. Additionally, the message mentioned that Robinhood backs up the meme culture by referring to the CEO’s social media account. Robinhood quickly confirmed that hackers had compromised Tenev’s X account and clarified that the post had no connection to the company. It said that they directly partnered with X to gain back access to the account.
Robinhood Chain Grows Its On-Chain Activity This incident occurred at a time when Robinhood Chain was undergoing a phase of fast growth in its on-chain activity. Robinhood launched the blockchain earlier this month, and users have already added more than $700 million in stablecoins, tokenized stocks, and memecoins to the network.
According to figures gathered using a Dune Analytics dashboard built by Entropy Advisors, the network crossed over 300,000 daily active addresses and completed about 10 million transactions within just one day. This places the Robinhood Chain among the fast-growing blockchain networks to be launched recently.
Growing Ecosystems Attract Scams Rapid ecosystem growth often leads to speculative behavior, with scammers promoting scams to retail investors. Unofficial memecoins popping up as Robinhood Chain grows in popularity are just an example of that. In addition to the scam involving the $VLAD token, there is a whole wave of speculative tokens trying to get attention by referencing popular brands and executives.
The fast action from Robinhood’s side helped minimize the visibility of the scam and made it clear how important it is to verify the legitimacy of any news through the official website. Moreover, there are still cybersecurity threats in connection with prominent social media accounts when there is increased activity on blockchains. Market players keep observing the growth of Robinhood Chain, as new applications appear and traders are actively using the platform.
Highlighted Crypto News:
SEC Begins 24-Hour Stock Trading Talks as NYSE and Nasdaq Extend Trading Hours
I specialize in Web3 and crypto writing, producing clear, research-driven content on blockchain, cryptocurrencies, and market trends.
A now-deleted post from Tenev’s compromised account touted a fake token called $VLAD and claimed a Robinhood listing amid a memecoin frenzy on Robinhood Chain.
Original Image Credit: TechCrunch, CC BY 2.0 via Wikimedia Commons
Posted July 24, 2026 at 5:58 am EST.
Robinhood CEO Vlad Tenev‘s X account was compromised on Thursday and used to shill a fake memecoin, just as the brokerage’s new blockchain has become a magnet for speculative token trading.
The now-deleted post introduced a token called Vladhood, or $VLAD, as the “official Robinhood chain mascot,” claiming it would be listed in the Robinhood app. “Does Robinhood love memes? The answer is yes,” the post read.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
Robinhood later addressed the memecoin promotion through its communications account on X, saying, “Our CEO Vlad Tenev’s X account was compromised and posted a fake promotion for a meme coin.”
Tenev regained control and posted a follow-up saying he was “back” and awaiting details from X on what happened. “In case it wasn’t clear, Robinhood has not issued any coins or tokens. Stay safe out there,” he wrote.
The hack landed amid a frenzy on Robinhood’s own network. Since launching its public mainnet earlier this month Robinhood Chain has attracted more than $700 million in assets, according to a Dune dashboard from Entropy Advisors. The network has also surpassed 300,000 daily active addresses and processed roughly 10 million transactions in a single day, spurred by and fueling a wave of memecoins trying to ride its popularity.
Related Listen: Why Robinhood Chain Saw Memecoins Take Off Before Real World Assets
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Duan Yongping has sold SpaceX put options with a strike price of $92.
Renowned investor Duan Yongping stated yesterday in response to a community user's question that he has started selling put options on SpaceX. This is his typical "potential acquisition" strategy. According to the live trading records of the SpaceX put options Duan shared, his quoted price was around 23.20, with actual execution at 23.26 (1,000 contracts), earning him a premium of approximately $2.32 million. Calculated over a 5-month term, the yield is roughly 25.35%, with an annualized return of about 60%. He noted, "I want to support Elon Musk's dream."
2 hours ago
The United States and the United Kingdom plan to discuss forming an international alliance to protect maritime shipping in the Strait of Hormuz.
According to AXIOS: European diplomats say the U.S. and the U.K. are discussing holding a high-level meeting in London next week, with the meeting focusing on a potential plan to establish an international coalition to protect maritime shipping in the Strait of Hormuz.
2 hours ago
A prominent trader says Bitcoin’s cycle is accelerating, and firmly believes this cycle will still hit a new high before the halving.
Renowned trader Killa (@KillaXBT) stated in a post that Bitcoin’s cycle is accelerating. The previous cycle took just 476 days to rise from its bottom to a new all-time high (ATH), far faster than the two prior cycles. He forecasts this cycle will also hit a new high ahead of the next halving. Killa, a BTC-focused quantitative trader, accurately predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 before switching to long positions during the broad market sell-off on June 5.
2 hours ago
Qualcomm notifies its customers it can no longer absorb price hikes, and will raise prices by double-digit percentages.
Bloomberg cited a letter reporting that Qualcomm has informed its clients it can no longer absorb price hikes and will implement double-digit percentage price increases. Following the news, BIT (bit.com) market data shows Qualcomm’s decline narrowed, while Nvidia climbed 1.2% to hit a new daily high.
2 hours ago
OpenAI CEO: Hopes the U.S. wins in the open-source AI sector, and is "pleased to see" Jensen Huang's remarks.
OpenAI CEO Sam Altman said he hopes the U.S. will lead in both open-source AI and proprietary AI models, adding that he "welcomes" the statement Nvidia’s CEO made on social media regarding the open letter jointly issued by over 20 U.S. tech companies.
Robinhood Chain-based launchpad Memecoin.fun has secured $3.5 million in strategic funding to accelerate development of its meme token infrastructure, the team said Friday.
Advertisement
The investment round, completed through the USDG token, was led by Becker Ventures and included BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen.
According to the company, the proceeds will support upgrades to its token launchpad, expansion of cross-chain bridge functionality, and development of an all-chain platform designed to connect meme assets across multiple blockchain ecosystems.
Memecoin.fun provides token issuance tools for projects launching on Robinhood Chain and aims to simplify the creation, deployment, and movement of meme tokens between different networks.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Duan Yongping has sold SpaceX put options with a strike price of $92.
Renowned investor Duan Yongping stated yesterday in response to a community user's question that he has started selling put options on SpaceX. This is his typical "potential acquisition" strategy. According to the live trading records of the SpaceX put options Duan shared, his quoted price was around 23.20, with actual execution at 23.26 (1,000 contracts), earning him a premium of approximately $2.32 million. Calculated over a 5-month term, the yield is roughly 25.35%, with an annualized return of about 60%. He noted, "I want to support Elon Musk's dream."
2 hours ago
The United States and the United Kingdom plan to discuss forming an international alliance to protect maritime shipping in the Strait of Hormuz.
According to AXIOS: European diplomats say the U.S. and the U.K. are discussing holding a high-level meeting in London next week, with the meeting focusing on a potential plan to establish an international coalition to protect maritime shipping in the Strait of Hormuz.
2 hours ago
A prominent trader says Bitcoin’s cycle is accelerating, and firmly believes this cycle will still hit a new high before the halving.
Renowned trader Killa (@KillaXBT) stated in a post that Bitcoin’s cycle is accelerating. The previous cycle took just 476 days to rise from its bottom to a new all-time high (ATH), far faster than the two prior cycles. He forecasts this cycle will also hit a new high ahead of the next halving. Killa, a BTC-focused quantitative trader, accurately predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 before switching to long positions during the broad market sell-off on June 5.
2 hours ago
Qualcomm notifies its customers it can no longer absorb price hikes, and will raise prices by double-digit percentages.
Bloomberg cited a letter reporting that Qualcomm has informed its clients it can no longer absorb price hikes and will implement double-digit percentage price increases. Following the news, BIT (bit.com) market data shows Qualcomm’s decline narrowed, while Nvidia climbed 1.2% to hit a new daily high.
2 hours ago
OpenAI CEO: Hopes the U.S. wins in the open-source AI sector, and is "pleased to see" Jensen Huang's remarks.
OpenAI CEO Sam Altman said he hopes the U.S. will lead in both open-source AI and proprietary AI models, adding that he "welcomes" the statement Nvidia’s CEO made on social media regarding the open letter jointly issued by over 20 U.S. tech companies.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Fake Token Promoted as Official Robinhood Chain MascotRobinhood CEO Vlad Tenev's (@vladtenev) X account was compromised on Thursday in a scheme to promote a fraudulent memecoin called Vladhood ($VLAD). The bogus post pitched the token as the "official mascot of Robinhood Chain" and falsely claimed it was slated for a listing on the Robinhood app, a hook designed to lend the scheme legitimacy through Tenev's verified profile.
The post attracted more than 175,000 views in under 20 minutes before users began flagging it as a scam. The memecoin was created just minutes before the post went live. It surged to a peak market cap of around $10 million, and according to on-chain monitoring, the attacker generated around 650 ETH in proceeds, worth approximately $1.2 million to $1.3 million.
The blockchain explorer for Robinhood Chain flagged the token's contract address as a "potential scam." The token changed hands roughly 1,868 times since launch.
Tenev Regains Control, Robinhood Warns UsersRobinhood's communications account confirmed the breach, saying: "Our CEO Vlad Tenev's X account was compromised and posted a fake promotion for a meme coin. We're working with X to restore access and the post has been removed." Tenev subsequently regained control of the account, posting "I'm back," and said the company was awaiting details from X to understand how the compromise occurred. He also clarified that Robinhood has not issued any coins or tokens and urged users to stay safe.
While Robinhood has expanded aggressively into digital assets, including tokenized stocks, crypto staking, perpetual futures, and Robinhood Chain, it has never launched a memecoin.
The incident is part of a broader pattern. High-profile accounts on X and other social media platforms have increasingly been hacked to promote memecoin scams. A fake coin named after Coinbase boss Brian Armstrong crashed earlier this month, a reminder of the risks tied to trusting posts from executive accounts.
The hack came as Robinhood's newly launched blockchain has become a hotbed of speculative trading, attracting more than $700 million in assets across stablecoins, tokenized stocks, and memecoins since debuting earlier this month. Early activity on the network has been dominated by speculative memecoins, and the chain has drawn its share of scams and rug pulls as a result.
Sources:
CoinDesk: Robinhood CEO Vlad Tenev's X Account Hacked to Promote Token
The Block: Robinhood CEO's X Account Hacked to Promote Vladhood Memecoin
Yahoo Finance: Robinhood CEO Vlad Tenev Hacked, Exploiter Makes $1.2 Million
Key Takeaways Cybercriminals seized control of Vlad Tenev’s X profile on Thursday and leveraged it to push a fraudulent cryptocurrency known as Vladhood ($VLAD) The malicious message claimed the digital token would receive official listing status on Robinhood’s platform and displayed a crypto wallet identifier Within less than 20 minutes, the fraudulent announcement accumulated more than 175,000 impressions before community members identified it as illegitimate Attackers successfully siphoned approximately 650 Ether, equivalent to $1.2 million to $1.3 million in value The trading platform acknowledged the security breach and stated it is collaborating with X to regain control of the compromised profile The X social media profile belonging to Robinhood’s Chief Executive Officer Vlad Tenev fell victim to a cyberattack on Thursday, with perpetrators using the platform to advertise a counterfeit memecoin in what security analysts believe was a carefully orchestrated cryptocurrency fraud scheme capitalizing on the company’s newly introduced blockchain infrastructure.
I'm back.
We are awaiting details from the @X team to better understand what happened.
In case it wasn't clear, Robinhood has not issued any coins or tokens. Stay safe out there.
— Vlad Tenev (@vladtenev) July 24, 2026
The fraudulent announcement unveiled a digital asset named Vladhood, marketing it as the “official Robinhood chain mascot.” The deceptive message included false information stating the cryptocurrency would receive integration within Robinhood’s mobile application, alongside providing a blockchain wallet identifier for transactions.
The fraudulent statement declared: “Does Robinhood love memes? The answer is yes.”
Within a span of just 20 minutes, the deceptive post generated over 175,000 impressions before vigilant platform users flagged the content as fraudulent and issued warnings discouraging engagement.
Robinhood acknowledged the security incident via its verified corporate communications profile on X. “Heads up: Our CEO Vlad Tenev’s X account was compromised and posted a fake promotion for a meme coin,” the statement disclosed. “We’re working with X to restore access and the post has been removed.”
Timeline of the Security Breach Blockchain analytics service Onchain Lens was among the first entities to document the account compromise. The blockchain explorer associated with Robinhood Chain has subsequently marked the token’s smart contract identifier as fraudulent.
Blockchain surveillance platform MLM calculated that the cybercriminals managed to extract approximately 650 Ether, representing a monetary value between $1.2 million and $1.3 million. This assessment received corroboration from Wu Blockchain’s independent analysis.
A cryptocurrency investigator operating under the pseudonym Jeff pinpointed a wallet identifier suspected of belonging to the criminal organization. Jeff’s research indicates the wallet executed a $126.81 purchase to acquire 47.2 million VLAD tokens, which reportedly held an unrealized gain hovering around $159,000 at the time of analysis.
Momentum Behind Robinhood Chain This security incident occurred during a period of substantial expansion for Robinhood Chain, which debuted earlier this month to considerable market interest.
The blockchain network has successfully accumulated over $700 million in total value locked, encompassing stablecoins, tokenized equity instruments, and memecoins, based on analytics compiled through an Entropy Advisors Dune dashboard.
The platform has surpassed 300,000 daily active wallet addresses and achieved processing volumes approaching 10 million individual transactions within a 24-hour timeframe.
This accelerated adoption trajectory has sparked an influx of newly created memecoins attempting to capitalize on the network’s popularity, simultaneously establishing it as an attractive target for fraudulent operations.
This breach aligns with broader industry trends within the cryptocurrency sector. Social engineering attacks and platform account hijackings have emerged as increasingly prevalent tactics among malicious actors, according to intelligence gathered by cybersecurity firm Nominis.
These attacks continue despite overall reductions in total cryptocurrency value lost to fraudulent schemes during recent reporting periods.
Robinhood has refrained from issuing additional statements beyond its initial confirmation of the security breach and notification regarding post removal.
Robinhood CEO Vlad Tenev’s X account was hacked by people promoting a memecoin they claimed was the chain’s official mascot. This comes as the new Ethereum layer-2 network continues to generate a lot of buzz among traders, with the chain currently among the top networks in terms of revenue.
Hackers Hack Robinhood CEO’s X Account To Promote Memecoin In a now-deleted X post, the hackers promoted the Vladhood memecoin, which they said was the official Robinhood chain mascot. The hackers also stated that the meme coin would be listed on the Robinhood app.
Source: X “More importantly, we believe this is another step toward bringing more attention to Robinhood Chain, which remains our primary focus for Q3 and Q4,” the post read. It is worth noting that the memecoin was created just minutes before the post.
The Vladhood meme coin surged to a high of around a $10 million market cap. Onchain data shows that insiders have cashed over $1 million in profits. Meanwhile, the token is currently trading above a $4 million market cap even though the post has been deleted.
The Robinhood chain launched earlier this month and instantly generated a lot of buzz with the Cashcat meme coin. The chain has also seen a lot of activity, partly thanks to meme coin trading on the network. As CoinGape reported, Bernstein also raised their price target for the HOOD stock, citing potential revenue from the chain.
Exchange Confirms Hack Robinhood also confirmed the hack in an X post, stating that Vlad Tenev’s X account was compromised. “We’re working with X to restore access, and the post has been removed,” the exchange added.
🚨Heads up: Our CEO Vlad Tenev’s X account was compromised and posted a fake promotion for a meme coin.
We’re working with X to restore access and the post has been removed.
— Robinhood Comms (@RobinhoodComms) July 23, 2026
DeFiLlama data shows that the Robinhood chain currently ranks third in terms of revenue. The network has earned $1.1 million over the last seven days and $2.11 million since it launched earlier this month.
Meanwhile, the network’s total value locked (TVL) currently stands at $309 million, up over 3% in the last 24 hours.
For more information on trading stocks, please check out our page on Best Platforms to Trade Tokenized Stocks
On-Chain Activity Spikes as FEFER Gains TractionThe @Stable network recorded more than 167,000 transactions in a single 24-hour window, driven by a sharp surge in demand for $FEFER, the network's first memecoin. The spike marks one of the most active periods the protocol has seen since its mainnet launch and underscores how quickly speculative activity can translate into real infrastructure pressure on newer Layer 1 networks.
Stable is a Layer 1 blockchain built specifically for stablecoin transactions, using USDT as its native gas token. The network is designed specifically for stablecoin transactions and launched its mainnet in New York, unveiling the Stable Foundation and its native STABLE token alongside it. The project raised a $28 million seed round led by Bitfinex, Hack VC, and USDT0, with notable backers including Tether CEO Paolo Ardoino and Anchorage CEO Nathan McCauley.
Infrastructure Upgrades Deployed to Handle InfluxThe sustained demand for $FEFER has prompted the protocol to move quickly on infrastructure improvements. The team is deploying deeper liquidity for cross-chain bridging and working to strengthen RPC performance to accommodate the wave of new participants entering the network.
The response reflects a broader challenge facing purpose-built stablecoin chains: speculative activity, particularly around memecoins, can generate transaction volumes that rival or exceed those from core payment use cases, testing the limits of infrastructure that was designed for a different load profile. General-purpose chains price blockspace by auction, meaning stablecoin transfers compete with memecoin activity for inclusion, which can cause fees to swing sharply and disrupt predictable payment flows. Stable's architecture, which uses USDT for gas, is designed to avoid that dynamic, but the $FEFER pump has put that design under real-world stress for the first time at scale.
The team has not yet disclosed a timeline for completing the upgrades, but the speed of the response suggests the protocol is treating network reliability as a priority as it looks to attract both retail and institutional users.
Sources:
The Block: Stable launches mainnet and native token
Messari: Stable Mainnet and Token Generation Event
A parody memecoin launched on BNB Chain (CRYPTO: BNB) has taken off like a rocket this year, even as the bear market drained the life out of the more popular cryptocurrencies.
No Bear Market HereBinance Life, the English translation of an originally Chinese-named cryptocurrency, has surged 450% year-to-date, making it the third-best performing coin in 2026, according to CoinMarketCap.
The coin, mirroring the broader cryptocurrency market, trailed in the first quarter and collapsed from $0.265 to a low of $0.04.
However, things changed dramatically in the second quarter, with the memecoin exploding to an all-time high of $0.89. Its returns since launch stood at a staggering 604083.05%.
The Humble OriginsIt all started as a casual joke in the Chinese cryptocurrency community in October 2025, when Binance co-founder He Yi replied to an X user’S post with a casual wish to “enjoy Binance Life.”
That proved to be the perfect trigger for the BNB community. As is typical with viral phrases in the industry, it ultimately led to the launch of a dedicated memecoin.
Price Action: At the time of writing, Binance Life was exchanging hands at $0.6310, up 6.40% in the last 24 hours, according to data from Benzinga Pro.
Benzinga Note: Investing in meme coins is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading
Photo courtesy: Shutterstock
Market News and Data brought to you by Benzinga APIs
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
In contrast to tokenized stocks and other real-world assets (RWAs), speculative assets are dominating activity in Robinhood's recently launched blockchain ecosystem, which is quickly becoming a battlefield for memecoins. On-chain data indicates that Robinhood Chain maintained over 307,000 daily active addresses while processing over 3.53 million transactions in the past day.
Trading volumes exceed expectationsDuring the same time period, DEX trading volume reached about $474 million, indicating high participation from retail traders looking to gain exposure to recently introduced assets. That being said, it is evident that memecoins are preferred over tokenized stocks. The total tokenized asset value is currently at about $21.8 million, distributed across 101 assets, despite the steady growth of Robinhood's RWA sector.
Source: DuneThe daily on-chain RWA trading volume was approximately $65.7 million, which is a reasonable amount but still far less than the activity produced by memecoin markets. The launchpad ecosystem highlights this trend even more. With the popular platform Pons, nearly 19,000 tokens have already been created, whereas a number of rival launchpads have added tens of thousands of new assets.
HOT Stories
Daily token launches are still high, indicating that one of the main forces behind Robinhood Chain activity is still speculative demand. Cash Cat (CASHCAT), which presently has the largest market capitalization on the network at about $46.5 million, is one of the most prominent projects. The token has emerged as the flagship memecoin of Robinhood Chain and continues to garner significant interest from traders.
Creating memecoin rivalsArtificial Inu (AI), a dog-themed token that many are already comparing to Shiba Inu (SHIB), is another intriguing newcomer. Artificial Inu has rapidly become one of the chain's most well-known meme assets, with a market capitalization of more than $11.6 million and a daily trading volume of more than $2.4 million.
You Might Also Like
Its quick growth shows how quickly new meme narratives can gain traction on emerging blockchain networks, even though it is still small in comparison to SHIB's ecosystem. The difference between memecoin and RWA activity demonstrates a common trend observed across all cryptocurrency markets.
While tokenized stocks, treasuries, and commodities may offer institutional appeal and long-term utility, retail traders still prefer riskier, more volatile assets that have the potential to yield large returns. As of right now, Robinhood Chain seems to be heading in the same direction as many earlier ecosystems: while tokenization and infrastructure garner media attention, memecoins account for the majority of attention, liquidity, and trading volume.
Sharp Reversal After a Week of GainsTendies ($TENDIES), a memecoin trading on @RobinhoodCrypto's newly launched blockchain, has dropped 30% in the past 24 hours after rallying roughly 270% across the prior seven days. The token carries a market cap of around $12 million at the time of writing, according to @BSCNews. The pullback follows a pattern common to attention-driven tokens: a rapid run-up fueled by community price targets and social media momentum, then a swift correction once buying pressure fades.
The coin sits firmly in the memecoin category, with no utility claim beyond being a meme, meaning its entire value case rests on attention. Attention-driven rallies also unwind fast, and chart conditions had already shown overheated signals ahead of the decline.
The Robinhood Chain Backdrop Robinhood launched the public mainnet for Robinhood Chain on July 1, 2026, bringing tokenized stock trading live in more than 120 countries and introducing Robinhood Earn, a decentralized lending product offering an estimated 7% yield on USDG. The network is an Arbitrum-based Layer 2 built primarily for tokenized real-world assets. Despite that focus, memecoins quickly became the dominant source of on-chain activity.
Robinhood Chain's memecoin frenzy accelerated after CEO Vlad Tenev said the network "works great for memes too," and the week-old network logged a record $563.9 million in daily DEX volume on July 8. Tendies was among the tokens that benefited directly from that wave of attention. The community organizes around WallStreetBets slang and a dedicated Discord, giving the token a ready-made culture that helped amplify early trading interest.
Most new tokens on the chain die within hours, so live liquidity remains the key dividing line between genuine contenders and exit scams. Tendies has so far maintained a presence on DEX markets, though thin liquidity means price swings in either direction can be severe. Traders should weigh that volatility carefully before taking a position.
Sources:
BeInCrypto: 3 Crypto to Watch on Robinhood Chain as Meme Coin Frenzy Takes Off
CoinDesk: Robinhood Rolls Out Public Blockchain
Robinhood Newsroom: Robinhood Chain Mainnet Launch
From Seattle Streets to Solana Charts$JIMOTHY, the Solana-based memecoin inspired by a viral Seattle raccoon, surged another 200% in the 24 hours to July 21, extending a rally that has gripped crypto traders across the week. Trading volume topped $36 million as interest in the token showed little sign of cooling.
The real-world catalyst is Jimothy himself: a raccoon with a shorter spine than average, dubbed "Jimothy" by the internet, who first appeared in videos filmed in Seattle's Ballard neighbourhood. A video of him roaming the streets on July 14 went viral, and the internet moved fast. KUOW reported that videos related to Jimothy drew more than 10 million views on social media.
Marcie Logsdon, an associate professor at Washington State University's Veterinary Teaching Hospital, told the Seattle Times that Jimothy's shortened neck was likely the result of a congenital spine deformity. Despite his unusual shape, experts say the animal appears to be thriving.
Anonymous developers launched JIMOTHY on Pumpfun hours after the raccoon went viral. About 1 billion Jimothy tokens are in circulation and trade mainly on Solana-based decentralised exchanges, though no official connection has been confirmed between the real raccoon and the entity behind the token.
Institutions and Internet Culture CollideThe frenzy has spilled well beyond crypto circles. The Washington State Department of Licensing joined the moment, joking on X that the personalised plate "JIMOTHY" was already unavailable, as was "RACCOON." Jimothy has become an unofficial mascot for Seattle, with the Seattle Mariners briefly changing their social media profile picture to a photo of the raccoon wearing the team's hat. Seattle City Councilmember Alexis Mercedes Rinck even announced plans to present a proclamation in the raccoon's honour on July 26, to commemorate "Jimothy Summer."
The token's trajectory has been steep from the start. The Solana-based meme coin surged 52x in 24 hours on July 18, briefly reaching a $22 million market cap before retreating to $20.14 million, with $28.3 million in trading volume. The subsequent 200% move on July 21 extended those gains further, with total volume now surpassing $36 million.
Financial experts warn the memecoin's rally may not survive the news cycle. As with most viral meme coins, momentum is closely tied to social media attention, and traders are watching for any signs the fervor around Jimothy is beginning to fade.
Sources:
BeInCrypto: Jimothy The Raccoon Solana Token Climbs 186% After Viral Meme Fame
KUOW: Hot Jimothy Summer. Why a quirky raccoon is taking Seattle and the internet by storm
TODAY: Seattle Darling Jimothy The Raccoon Has Scampered Into Hearts Across The Globe
Political memecoins have always attracted attention, but few have generated as much debate as Official Trump ($TRUMP). Once one of crypto’s biggest success stories, the token has become a symbol of how quickly sentiment can change in speculative markets.
With prices remaining far below previous highs and fresh reports highlighting investor losses, many traders are exploring projects built around broader ecosystems rather than political narratives. MemeToro ($MT) is one of the presales gaining traction by focusing on AI-powered tools and community infrastructure instead of celebrity branding.
Trump Memecoin Remains One of Crypto’s Most Controversial Tokens The Official Trump memecoin continues to dominate headlines for reasons beyond its market performance.
Recent reports estimate that nearly 988,905 wallets have lost money on the token, with combined investor losses reaching approximately $3.81 billion. At the same time, President Donald Trump’s financial disclosures showed around $635 million in royalties from the memecoin licensing agreement, while his broader cryptocurrency ventures reportedly generated more than $1.4 billion during his first full year back in office.
The contrast has fueled debate across the crypto industry.
Many investors point to the difference between issuer earnings and retail outcomes as a reminder of how unpredictable politically themed memecoins can become. The token itself has fallen more than 96% from its all-time high of roughly $75, trading around $1.58 during recent market updates.
Despite the decline, $TRUMP remains one of the most recognized political tokens in crypto.
Its price continues reacting heavily to political news, public appearances, and market sentiment rather than platform development or ecosystem growth.
That dependence on external events has encouraged some investors to look toward projects with utility beyond branding alone.
MemeToro Builds Around Communities Instead of Personalities Rather than depending on one public figure or viral trend, MemeToro ($MT) is designed as a platform where different communities can launch and grow their own projects.
Creators receive dedicated profile pages where they can introduce their ideas, publish updates, and interact directly with supporters. Every project also includes transparent dashboards showing token allocations, liquidity information, and wallet activity, giving users more information before participating.
The platform also encourages long-term community engagement through several integrated features.
Some of the ecosystem highlights include:
Creator pages with live updates Public meme galleries Community reward programs DAO governance through $MT AI-powered sentiment monitoring Transparent token dashboards The goal is to help projects build active communities rather than relying entirely on celebrity attention or short-term market excitement.
Your Step-by-Step Guide to the $MT Presale No technical background needed. Just head to the official site and click the active presale link to get started. Next, connect a wallet that’s compatible with BNB Chain. When it’s time to pay, you can choose BNB, ETH, stablecoins, or a card. Confirm the purchase and your tokens land in your wallet almost instantly.
Getting in early isn’t just about price. Early buyers get first crack at staking rewards, trading tools, and new features as MemeToro ($MT) rolls them out.
MemeToro’s public presale is currently progressing through Stage 4. The project has raised $80,178.47, reaching 73.28% of its current funding goal of $109,411.90.
The current entry price remains $0.00232 per $MT, while the official launch price has been fixed at $0.01875.
Investors Are Looking Beyond Political Narratives The Trump memecoin remains one of the most recognizable names in crypto, but its recent performance highlights how quickly sentiment can shift around politically driven assets. As more investors evaluate projects before buying, many are paying closer attention to platforms with broader ecosystems instead of tokens tied to individual personalities.
MemeToro ($MT) reflects that changing approach by focusing on creator communities, transparent project information, AI-powered market insights, and long-term platform development while continuing to build momentum through its Stage 4 public presale.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Are Shiba Inu investors losing interest? Data indicates a possible change. SHIB movements on trading platforms show a long-term decline in activity on the memecoin. Thus, routine trading patterns lead to capital shifts and can affect the memecoin’s price.
In Brief Shiba Inu’s daily outflows from exchange platforms plummet sharply by 65 %. This historic slowdown shows that investors are stopping securing their tokens long-term. About 96 billion SHIB tokens have been sent back to exchanges, threatening market balance. The asset now oscillates between a prolonged stagnation phase and a risk of deeper correction. The Accumulation Brake The Shiba Inu memecoin experienced a sudden drop in withdrawals, and blockchain data reveals a slowdown. Indeed, analysis platforms reveal a decrease in trading data as follows :
A decrease in outflows : Shiba Inu (SHIB) showed a 65 % drop in daily outflows over the last day ; Absolute volumes remain steady : over the 24-hour period, total outflows from crypto platforms amounted to around 112 billion SHIB tokens ; A reduced pace: reduced trading activity points to a change in Shiba Inu storage. Outflows refer to the transfer of tokens from centralized trading platforms to cold storage. Therefore, a high-velocity outflow indicates that traders limit circulating supply to make tokens available for trading.
Conversely, a 65 % drop in the outflow rate underscores a significant weakening of demand and accumulation. This suggests investors no longer move their assets to protect their positions.
The Specter of a Shiba Inu Correction With reduced outflows, and for the first time in a long while, Shiba Inu began to show increased transfers to exchanges. During the same period, inflows to trading platforms reached a total of 96 billion SHIB tokens.
According to on-chain data, the net flow remains negative, as inflows to exchange platforms have consistently been lower than SHIB outflows. However, this hasn’t stopped analysts from focusing on the total increase in Shiba Inu inflows to exchanges, suggesting investors prepare for massive liquidation or portfolio restructuring.
As the number of SHIB tokens accumulates on trading platforms and demand continues to stagnate, this creates a structural imbalance between supply and demand. The SHIB price remains stagnant around the $0.0000042 area, and due to the cumulative effect of several months of price decline, it continues trading below the 50, 100, and 200-day exponential moving averages (EMAs).
This technical setup below key EMAs confirms the persistence of a medium- to long-term bearish trend. The arrival of significant volumes ready to be traded strengthens the risk of the current support failing, due to the lack of buying counterparties capable of absorbing this liquidity.
Impact on Price and the Technical Challenge Against Resistances The decrease in outflows means SHIB lacks a catalyst to structure a bullish reversal in spot markets. A high buying component and a significant increase in outflows are necessary because the token faces substantial resistance levels from previous highs.
Short-term traders observe that the absence of significant outflows to private wallets reduces token scarcity and thus caps the price. This increases the token’s exposure, with decreasing scarcity, to a strong bearish correction when Bitcoin and global markets correct.
The lack of momentum keeps Shiba Inu in a range with decreasing liquidity. With each price downcycle, liquidity is drained. The RSI and other momentum indicators show a bearish signal due to the lack of price action.
Thus, whales seem to observe a truce, refusing to initiate new buying waves while general macroeconomic signals remain uncertain. This lack of initiative strengthens the fragility of technical defense lines and exposes the asset to slow drift if local supports fail under selling pressure.
In light of these contradictory indicators, Shiba Inu’s future oscillates between maturing fundamentals and short-term speculative fragility. On one hand, the prolonged decline in global reserves on exchange platforms and activity surges on the Shibarium second-layer solution, which saw a temporary increase in daily transaction volume, remind that the community retains a degree of mobilization capacity. On the other hand, overall demand stagnation and the 65 % slowdown in accumulation highlight that the token could enter a prolonged stagnation phase or suffer a deeper correction if crypto market conditions deteriorate.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Long supported by the enthusiasm of social networks and Elon Musk’s statements, Dogecoin (DOGE) is going through a decisive phase. While the crypto market experiences a resurgence of volatility and investors reduce their exposure to the riskiest assets, the famous memecoin once again sees its model put to the test. Between loss of visibility, selling pressure, and waiting for a new catalyst, DOGE illustrates the limits of an asset whose value largely depends on the attention it manages to capture.
In brief Dogecoin is going through an unprecedented chart consolidation phase, marked by a clear cooling of retail investor interest. Without the usual buyers’ urgency, the price freezes at key support levels and risks a prolonged sideways drift. Unlike Bitcoin or Ethereum driven by macroeconomic flows or ETFs, DOGE relies exclusively on media visibility cycles. The fate of the token now depends on Bitcoin’s stabilization, as the memecoin market can shift from inertia to euphoria within hours when volumes return. A consolidation marked by drying up of volumes Dogecoin’s technical setup reflects a major drop in intensity which contrasts with its historical volatility. According to the latest market analyses, the asset is going through a stabilization phase where lack of a dominant impulse dictates the price behavior. Specialists note that “Dogecoin holds key levels, but the energy around the crypto has clearly cooled”.
This compression phenomenon is depicted graphically by an absence of aggressive directional movements, indicating the token has moved from a rapid expansion phase to a neutrality regime. Observers closely watch buyers’ behavior around critical support zones to determine if the asset is building a solid base or yielding under general disinterest.
This slowdown is mainly explained by a change in market actor behavior, characterized by a notable decline in buying urgency. The cyclical nature of memetic assets involves a clear succession of stages as enthusiasm arises :
The return of attention : retail investors’ interest suddenly reactivates on social networks ; Volume expansion : capital flows accelerate exponentially within hours ; Explosion of social activity : discussions and speculative sentiment saturate exchange platforms ; Price takeoff : tokens like DOGE progress sharply before the broader market has time to integrate the change. However, the current context shows the exact opposite of this effervescence. Without collapsing, Dogecoin suffers a drying up of its liquidity, preventing the formation of increasingly higher lows necessary to validate a lasting bullish reversal. In the absence of this volume catalyst, the current stagnation risks a prolonged sideways drift.
DOGE’s structural duality compared to crypto market drivers To understand Dogecoin’s future trajectory, one must analyze its intrinsic dependence on valuation factors radically different from those of competing protocols. DOGE’s market structure differs from other large caps by its exclusive link to attention flows.
By comparison, Bitcoin primarily reacts to global macroeconomic flows, Ethereum evolves according to ETF flows, decentralized finance (DeFi), and staking, while Solana relies on practical usage of its application ecosystem. Dogecoin, on the other hand, lacks these structural levers and depends on capital rotations driven by the search for high returns, often catalyzed by narratives linked to celebrities or viral social media campaigns. Once these narratives fade, the asset loses its main growth engine.
This vulnerability to declines in public interest calls into question its traditional role as a barometer of global speculative sentiment. Historically, a massive DOGE rise signals retail traders’ willingness to expose themselves to the riskiest market segments. Currently, the observed decline indicates a transition to a much more cautious overall environment, exacerbated by Bitcoin and Ethereum themselves facing technical pressure. Short-term capitals, often impatient, tend to abandon neutral setups for assets with clearer fundamental catalysts, keeping Dogecoin within its current fluctuation zone.
Dogecoin as the ultimate barometer of speculative risk appetite Dogecoin’s current stagnation state goes beyond its own financial performance. When this asset falls asleep, it reveals the risk tolerance level of the sector’s most speculative players. Available data highlights that “Dogecoin remains useful as a sentiment gauge”.
Accordingly, violent moves on DOGE usually indicate retail investors are quite willing to take risks. Conversely, the current cooling indicates a generalized defensive posture, where traders prefer to watch charts rather than actively deploy new liquidity.
This momentum dynamic characteristic of assets in this category explains why the market is currently going through an especially tense waiting phase. Investors know that memecoin markets react exponentially once capital flows reactivate.
Moreover, experience shows “that once traders see volume return, they tend to get involved in the move rather than wait for a perfect confirmation”. It is precisely this asymmetry that keeps Dogecoin at the center of all attention, as the shift from total apathy to buying frenzy can happen within a few hours only.
The outcome of this transition phase will depend on Dogecoin’s ability to defend current supports until a general market condition improvement materializes. If Bitcoin manages to stabilize and a general liquidity return flows again into altcoins, DOGE could benefit from a sudden resurgence of interest.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Pump.fun has transferred 81,712 SOL to Kraken, adding fresh pressure to the Solana market at a time when memecoin trading activity has cooled from earlier highs.
The transfer, worth roughly $6.15 million based on the available on-chain data, came from the Pump.fun fee account and was visible on Solscan. On-chain analyst EmberCN has also tracked broader Pump.fun selling, with cumulative converted SOL reportedly reaching 4.81 million tokens.
That makes this more than a routine wallet movement.
Pump.fun has been one of the most important fee-generating platforms in the Solana ecosystem, largely because of the memecoin launch cycle. When a platform like that moves SOL to an exchange, traders naturally ask whether it represents selling pressure, treasury management, or a broader sign that memecoin momentum is slowing.
Reference: Solscan
TL;DR Pump.fun transferred 81,712 SOL to Kraken. The movement was traced from the platform’s fee account on Solscan. The transfer comes as Solana memecoin trading activity cools, raising questions about selling pressure. Why This Transfer Matters Not every exchange transfer is a confirmed sale, but large movements to centralized exchanges usually get traders’ attention.
When funds move from an ecosystem-linked wallet to an exchange like Kraken, the market often reads it as potential supply. The funds may be sold, rebalanced, held for liquidity, or moved for operational reasons. But because exchanges are where tokens can be sold quickly, the transfer becomes part of the price conversation.
That is especially true for Solana.
SOL has been one of the strongest ecosystem assets of the cycle, helped by low fees, fast settlement, meme-token activity, and retail-friendly apps. Pump.fun has sat right inside that story. Its role in launching memecoins made it one of the clearest examples of how speculative activity can drive real on-chain revenue.
So when the platform’s fee account moves a large SOL balance, traders watch.
The 81,712 SOL transfer is not large enough by itself to define Solana’s trend, but it lands in a sensitive part of the market. Memecoin volume has cooled, SOL has been testing important levels, and traders are already looking for signs of whether ecosystem demand is weakening.
Pump.fun Shows The Strength And Risk Of Solana’s Retail Cycle Pump.fun became important because it captured the simplest version of Solana’s appeal: low-cost, fast, high-volume experimentation.
Anyone could launch a token. Traders could rotate quickly. The platform generated fees as speculative demand surged. That activity helped Solana stand out from slower or more expensive networks.
But the same model also creates cyclical pressure.
When memecoin demand is strong, platforms like Pump.fun can generate huge activity and accumulate significant SOL-denominated revenue. When the cycle cools, those accumulated tokens can become a source of selling pressure if they are moved to exchanges and converted.
That does not mean Pump.fun is doing anything unusual. Platforms need to manage treasuries, expenses, and liquidity. The market reaction comes from timing and visibility.
On-chain transparency makes the movement impossible to ignore.
What It Means For SOL For SOL traders, the key issue is whether this transfer becomes part of a larger pattern.
A single transfer can be absorbed if market demand is strong. But repeated exchange deposits from ecosystem fee accounts can weigh on sentiment, especially when trading volumes are already cooling.
That is why EmberCN’s broader tracking matters. If Pump.fun has converted millions of SOL over time, traders may start treating the platform as a recurring source of supply. That does not erase Solana’s ecosystem strength, but it complicates the short-term market picture.
Solana bulls will argue that the network remains active, widely used, and central to retail crypto trading. That is fair. A cooling memecoin cycle does not mean the chain has failed. It may simply mean speculative activity is normalising after an intense period.
Bears will focus on the exchange flows. If one of the largest Solana fee engines is moving tokens to Kraken while memecoin activity slows, they may see that as confirmation that the easiest part of the cycle has passed.
The truth is probably somewhere between those views.
Solana remains one of the most important networks in crypto, but the market is becoming more selective. It wants to know which activity is durable and which activity was mostly speculative heat.
Pump.fun’s transfer gives traders another data point in that debate. The next signal will come from whether SOL can absorb the flow without losing support, and whether memecoin activity stabilises or continues to fade.
This article is based on Solscan data and on-chain tracking from EmberCN.
This article was written by the News Desk and edited by Samuel Rae.
Brain (BRAIN), a new memecoin developed on the Base blockchain, experienced a remarkable surge after Coinbase CEO Brian Armstrong changed his social media profile picture. Investors interpreted Armstrong’s move as indirect support for the project, causing the token’s price to rise sharply in a short time, with its market capitalization briefly exceeding $30 million.
According to market data, BRAIN’s total market capitalization later declined slightly, stabilizing at approximately $20.14 million. Despite this, the token achieved one of the most remarkable performances of the day, gaining over 3,800% in value in the last 24 hours.
The main reason for the rise is said to be Coinbase CEO Brian Armstrong changing his profile picture on social media to an image resembling the Brain token’s symbol.
Despite the lack of an official statement of support, investors viewed this change as a positive signal. In the cryptocurrency market, particularly for memecoin projects, social media interactions and posts by well-known figures can have a significant impact on price movements.
Brain is among the projects using the new B20 token standard introduced with the latest update to the Base network. This technical infrastructure aims to facilitate the development of next-generation token projects within the Base ecosystem.
According to on-chain data, there are approximately 8,850 wallet addresses holding the BRAIN token. Furthermore, it’s noted that 12.68% of the supply is held in the top 10 wallets. This distribution indicates a relatively concentrated ownership structure for the token.
Analysts emphasize that such sharp increases in the memecoin market involve high volatility and significant price fluctuations can occur in a short period. According to experts, price movements originating from social media may not necessarily signify a lasting increase in value. Therefore, investors should consider the project’s technical infrastructure, liquidity, and risk factors before making transactions, rather than solely relying on popularity or speculation.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
An individual who leverages the Official Trump (CRYPTO: TRUMP) memecoin to score invitations to events hosted by President Donald Trump found disclosure of his billion-dollar cryptocurrency profits "absurd" and "mind-blowing."
‘In Europe, Something Like This Would Never Happen’Fast forward almost 14 months, and the $1.4 billion fortune Trump made on these cryptocurrency projects is what everyone’s talking about.
“It’s quite absurd to be honest, a president that monetizes his presidency the way he did,” said Mortensen, who is from the Netherlands, in an interview with Benzinga. “In Europe, something like this would never happen.”
Mortensen called it “mind-blowing” that Trump monetizes not only cryptocurrency but also merch, watches, and trading cards.
‘Memecoins Almost Never Last’The TRUMP memecoin was launched just before Trump’s presidential inauguration in January 2025. It reached a market capitalization of nearly $15 billion shortly after the launch, before collapsing by 98% to $368 million at the time of writing.
On-chain analysis revealed that nearly one million investors who bought the TRUMP meme coin collectively lost $3.81 billion. All this while Trump collected more than $635 million in royalties from the project.
But Christensen never really had confidence in the memecoin. He sold all his TRUMP in the first week and only uses a market-neutral strategy—buying the memecoin while shorting the same amount—just to get invited to Trump-hosted events.
“Memecoins almost never last,” he said. “It’s attention economy, and if you’re not out in first week or two weeks, then shame on yourself.”
So, if given the chance, would he use the same market-neutral strategy to attend those fancy events again? Christensen replied, “Absolutely.”
What About WLFI?Christensen revealed that 80% of his World Liberty Financial (WLFI) tokens are locked, but he managed to sell 20% of the unlocked portion.
“I hold a significant amount on paper, but in my mind, it’s kind of worth zero because it’s a two-year lock,” he said. In two years, a project can die easily.”
It’s worth reminding that Trump earned over $520 million from the sale of tokens issued by World Liberty Financial, and over $65 million from equity sales in WLFI’s holding company, WLF Holdco.
The Rise Of The ‘Crypto President’The disclosures have sparked massive backlash and conflict-of-interest concerns, prompting Sen. Elizabeth Warren (D-Mass.) to call for ethical safeguards in cryptocurrency legislation to block any opportunities for Trump to profit.
Dylan Dewdney, co-founder and CEO of agentic finance platform Kuvi.ai, said the optics are poor and that the “long-term damage will be to crypto’s credibility” rather than to any one politician.
“This is, unfortunately, a case of crypto making its own bed and now having to lie in it,” he said.
Trump has defended his cryptocurrency income, asserting there was nothing “illegal” or “wrong” about it.
A White House spokesperson told Benzinga that all of the President’s assets are held in “fully discretionary accounts” managed by “independent third-party financial institutions,” while rejecting any allegations of conflicts of interest.
Photo Courtesy: Joey Sussman on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
With almost 50,000 tokens created in a single day across its launchpads, Robinhood Chain's memecoin industry has set yet another activity record. Pons-generated assets recorded more than $82 million in daily trading volume, and Pons Family and Flap led the expansion, each reportedly processing more than 10,000 deployments.
22,000 launches in a single dayThe scale is important. By enabling about 22,000 launches on July 14, Flap had already broken NOXA's previous record of about 18,000 launches. Soon after its launch, Robinhood Chain attracted hundreds of thousands of addresses and recorded millions of daily transactions, making it one of the busiest new networks. Token creation, however, does not prove a wider memecoin season.
CASHCAT/USDT Chart by TradingViewLaunchpads enable nearly free and automated issuance, allowing a single developer, bot operator, or coordinated team to create thousands of assets without corresponding increases in real demand. The expansion of market capitalization, trading volume, and liquidity across several independent tokens is a stronger indicator. There are currently 19 memecoins on the Robinhood Chain worth more than $1 million.
HOT Stories
Not everything brings profitsEleven came from NOXA, five from Virtuals, and one each from Bullmarkets, Pons Family, and Bowfun. This distribution demonstrates that despite the abrupt rise in competitors, successful outcomes are still dominated by established launchpads. It also highlights a serious conversion issue: only a small number of million-dollar assets have been created out of nearly 50,000 daily launches. As a result, the majority of tokens remain transient experiments with little liquidity.
You Might Also Like
Similar findings have been reported in research on automated memecoin issuance, including high churn, inadequate project infrastructure, and a significant decline in token activity soon after launch. However, it is more difficult to ignore Pons Family's $82 million volume. Even though NOXA's main website has been down for several days, Pons Family has come close to the volume of tokens produced by NOXA.
This implies that rather than completely abandoning Robinhood Chain, traders are switching between launchpads. The network's total memecoin capitalization was recently close to $207 million, and the tokenized stock and real-world asset activity that Robinhood Chain was intended to facilitate has been eclipsed by speculative assets. It is clear that Robinhood Chain is going through a memecoin boom of its own.
Declaring the season to be complete for the entire market is still premature. Sustained liquidity, more tokens with significant valuations, and demand expanding beyond a small number of launchpad winners are all necessary for that.
Sen. Elizabeth Warren (D-Mass.) said on Wednesday that President Donald Trump chose to be the “cryptocurrency industry’s biggest profiteer” over being a leader for working people.
Financial disclosures revealed that Trump earned approximately $1.4 billion in 2025 from cryptocurrency-related ventures, more than any publicly traded cryptocurrency company in the U.S. Overall, he reported over $2 billion in profits in the first year of his presidency.
“You can be the crypto industry’s biggest profiteer, or you can be a president for working people. You can’t be both,” the Warren said, adding that Trump chose his “corrupt” cryptocurrency profits.
Uproar Continues Over Trump’s Crypto WindfallThis happened while nearly one million TRUMP memecoin holders collectively incurred $3.81 billion in losses.
Trump insisted his cryptocurrency earnings were neither “illegal” nor “wrong,” and that the U.S. must lead in cryptocurrency or risk losing ground to China.
At the same time, his strong advocacy for the Clarity Act has raised scrutiny. Warren has pointed to "significant flaws" in the bill’s current draft and accused the Senate of "prioritizing legislation that could further boost the Trump family’s cryptocurrency businesses.”
A White House spokesperson told Benzinga earlier that all actions by the Trump administration are taken in the “best interest of the American people,” while rejecting any suggestions of “conflict of interest.”
The spokesperson also accused the media of “recycling” a tired narrative that Democrats have “pushed” for a decade.
Photo Courtesy: Bryan J. Scrafford on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Robinhood, a leading retail brokerage known for its commission-free trading platform, has reignited a long-standing debate within the Ethereum community following the launch of its Arbitrum-based Ethereum layer-2 network, Robinhood Chain. The chain, which went live on July 1, has rapidly become one of the most active Ethereum rollups, attracting significant user activity and funds in its first two weeks.
Robinhood Chain’s rapid growth and user adoptionOver $141 million in Ether was bridged to Robinhood Chain within the initial fourteen days of operation. According to DeFiLlama, more than 500,000 wallets now hold ETH on the network, driven largely by increased decentralized exchange trading and a surge in memecoin interest. The trading volume on Robinhood Chain has surpassed that of the Ethereum mainnet and Base, Coinbase’s own layer-2, during peak activity periods.
Ether responded strongly to these developments, climbing roughly 15% from $1,582 on July 1 to $1,825 by July 13, based on figures from Coingecko. This price movement coincided with widespread positive commentary from industry figures, including Eric Trump of World Liberty Financial and Tom Lee, chairman of BitMine Immersion Technologies. Lee underscored the chain’s use of ETH as its native gas asset, positioning ETH as the backbone currency for both the rollup and Ethereum mainnet finality.
“It shows Ethereum L2s have gone from something crypto-native teams experiment with to infrastructure a regulated, publicly listed company will run its business on,” noted Alex Gluchowski, founder and CEO of Matter Labs.
Unlike previous rollups introduced by crypto-native projects, Robinhood Chain stands out due to its development by a major public brokerage with tens of millions of retail users. The network supports tokenized stocks and real-world assets, and data from Token Terminal indicated that within days of launch, it accounted for 6.9% of all tokenized stockholders.
Robinhood’s entry could encourage other traditional financial institutions, such as banks and asset managers, to consider building their own Ethereum L2s. Deutsche Bank is already developing DAMA 2, a zero-knowledge-powered Ethereum layer-2 focused on institutional finance.
Mini dictionary: Zero-knowledge (ZK) rollup – A type of Ethereum layer-2 scaling solution that uses cryptographic proofs to bundle and validate large numbers of transactions off-chain, improving speed and reducing cost while preserving security.
Impact on Ethereum’s value propositionIndustry analysts have debated whether successful layer-2 launches, such as Robinhood Chain, actually increase underlying demand for ETH. Historically, networks like Arbitrum, Optimism and Base have driven new users and activity but have not delivered sustained price gains for Ether, as economic activity largely remains within those rollups.
Robinhood’s approach, leveraging its sizable mainstream user base, is seen by some as potentially transformative for Ethereum’s institutional positioning. Max Shannon, senior research analyst at Bitwise, suggested that Robinhood’s launch reinforces Ethereum’s leadership for institutional adoption, and believes ETH could emerge as the reserve asset in a layer-2-dominated landscape.
Shannon noted that ETH’s tokenomics may need revision so that increased adoption and activity more clearly boost the asset’s value, observing, “it also arrives at a time when Ethereum has more broadly repositioned itself toward institutions through Eth Labs and Ethereum Institutional.”
Despite Robinhood Chain generating higher gas fees than other rollups recently, most of the economic benefit has accrued to the network itself. Data highlighted by analysts such as Lorenzo Valente at Ark Invest showed that since launch, Robinhood Chain produced $816,000 in revenue, with only $4,400 distributed to the Ethereum mainnet as gas fees.
Layer-2 NetworkRevenue since launchETH mainnet shareRobinhood Chain$816,000$4,400 (approx. 0.54%)Other L2s (avg)VariesSimilar or lessAlex Gluchowski commented that the true catalyst for ETH’s price appreciation may not be revenue from fees, but broader usage as a base monetary asset within layer-2 ecosystems. He emphasized that increased settlement of value on Ethereum could enhance ETH’s position, even if users interact primarily with stablecoins.
Skepticism remains among some investors and analysts, who point out that while the launch has increased optimism, it has not resolved how higher L2 activity ultimately drives ETH demand. Mike Dudas of 6th Man Ventures considered the Robinhood Chain launch highly positive but cautioned that Ether’s future depends largely on acceptance of ETH as “money” or a substantial increase in layer-1 settlement costs.
Institutional adoption and future challengesRecent Ethereum upgrades have improved scaling, but stronger network activity has yet to translate into significantly higher fees or ETH burn. Shannon argued that neither Robinhood Chain nor the collective growth of L2s will solve this disconnect unless Ethereum’s token economics are fundamentally revised.
Another unresolved issue is whether institutional users will actually hold larger volumes of ETH, since many tokenized assets trade primarily against stablecoins. This could limit direct exposure to ETH, despite its importance as the foundational asset of the network. Robinhood’s rapid adoption signals a willingness among major financial institutions to build on Ethereum, but the long-term impact on ETH’s demand remains an open question.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
One year after $PUMP’s TGE, the original 12-month vesting cliff for a large portion of the token’s supply has been reached. Earlier today, July 14, the memecoin launchpad’s team wallet began distributing unlocked $PUMP tokens, moving more than $6 million worth in the first hour alone. Total distributions later totaled 52 billion $PUMP worth $76 million.
The timing adds another layer of pressure. $PUMP is trading near its all-time low, while Robinhood Chain and its leading memecoin launchpad, NOXA, have quickly emerged as new competitors for crypto’s speculative activity.
$121 Million in $PUMP Unlocks Hits the Market Pump.fun will unlock 86.65 billion $PUMP in July, worth approximately $121.5 million. The release equals 21.35% of the token’s circulating supply and 10.14% of its total supply of 1 trillion.
The largest release came on July 12, when roughly 82.5 billion tokens unlocked following the expiration of the project’s original 12-month vesting cliff. That amount represented approximately 29% of $PUMP’s circulating supply at the time.
Pump.fun allocated 23% of the total supply to team members and existing investors under a 12-month cliff followed by 36 months of linear vesting. About 50 billion tokens from the July unlock went to the team, while 32.5 billion went to early investors.
Pump.fun’s broader tokenomics allocated 20% of the supply to the team, 13% to existing investors and 24% to the community and ecosystem. Smaller allocations went to the foundation, liquidity provisions, and an ecosystem fund. The project sold the remaining 33% during its 2025 ICO, raising roughly $1.32 billion.
Buybacks Face Their First Major Test The unlock follows months of aggressive supply reduction. Pump.fun has spent $408.24 million on cumulative $PUMP buybacks and burns, permanently removing over 150 billion tokens from circulation. Those burns have offset approximately 38% of the token’s circulating supply.
In April, the protocol committed to another year of programmatic buybacks, allocating 50% of protocol revenue to $PUMP purchases.
July's unlock now presents the first major price test for $PUMP since its TGE and could show whether pump.fun’s buybacks can create sufficient buying pressure to absorb potential selling from team and investor vesting.
So far, the price remains under pressure despite the token handling the unlocks pretty well. $PUMP hit an all-time low of $0.001157 on June 25 and currently trades above $0.0016 after gaining more than 10% over the past 3 days since the July 12 unlocks. The token still sits 81% below its $0.0088 all-time high and 58% below its $0.004 ICO price.
Robinhood Chain's Memecoin Boom Creates a New Threat Pump.fun also faces growing competition from outside Solana. In its first week of launch, Robinhood Chain recorded more than 17 million transactions, nearly 350,000 addresses, around $250 million in protocol TVL, and more than $1 billion in DEX volume, according to Robinhood Crypto GM Johann Kerbrat.
DefiLlama data ranked the network third by 24-hour DEX volume at roughly $808 million on July 13, ahead of Ethereum, Base and Hyperliquid. The new chain has sustained that activity with its current 24-hour DEX volume standing at $817.23 million, placing it fourth, while Solana leads with $1.903 billion. Robinhood Chain's TVL currently sits at approximately $180 million.
Memecoins have helped drive that activity, and NOXA has emerged as an early winner. Dune data shows NOXA generated more than $15.6 million in total revenue and has surpassed Pump.fun for much of July so far. For context, pump.fun’s launchpad has generated roughly $7.6 million so far this month.
Since July 8, Robinhood Chain has averaged more than 15,000 new memecoins per day. NOXA accounts for over 80% of those launches and has attracted more than 270,000 active wallets. Although Pump.fun still leads in daily active wallets and new token creation, NOXA surpassed it in protocol revenue for 5 consecutive days from July 8, generating more than $11.6 million between July 8 and July 12.
Pump.fun still leads a memecoin ecosystem that it helped define, and Solana remains the top chain by DEX volume. However, the next phase looks considerably less comfortable. Pump.fun now faces a test on 2 fronts. Its buybacks must absorb new circulating supply while its launchpad fights to defend market share. Whether it can do both may determine if the platform retains its memecoin crown.
Read More on SolanaFloor Jupiter Gacha Launch Sparks $3.3M in Pack Openings Within First 22 Hours
Jito Launches JIP-38 to Route 100% of DAO JTX Revenue Into $JTO Buybacks and Burns
Andrew Tate's Solana-based memecoin $DADDY posted a roughly 10% gain over a 24-hour period, pushing its market capitalisation to approximately $9.4 million. The move snapped a prolonged stretch of quiet trading and briefly lifted the token back into focus among memecoin watchers.
From $240 Million Peak to Single-Digit Millions The token's recent bounce is a far cry from its launch-day highs. DADDY launched on June 9, 2024, and reached a market capitalisation of $240 million within three days, driven almost entirely by Tate's promotional push. Tate framed the token as a direct rival to rapper Iggy Azalea's MOTHER memecoin, saying he wanted to "flip it for the patriarchy."
The launch was not without controversy. Blockchain data platform Bubblemaps highlighted suspicious insider activity, claiming insiders purchased 30% of the DADDY supply before Tate began promoting it on social media and held over $45 million worth of tokens at the time. Bubblemaps also claimed that shortly after launch, the token's creator sent Tate's public wallet 40% of the total supply.
During its peak, DADDY carried a market capitalisation of over $340 million, with a record price per token of $0.24. The token has since shed the vast majority of that value. DADDY's all-time high stands at $0.2886, and it is currently trading roughly 96.60% below that peak.
What Is Driving the Latest Move The token's value is heavily tied to Andrew Tate's public image and social media activity, rather than any fundamental technology or utility. Broader memecoin market sentiment and the performance of Solana-based ecosystem tokens also play a significant role in speculative capital flows into DADDY.
No specific catalyst has been publicly confirmed for the latest 10% move. CoinMarketCap data shows DADDY up approximately 10.77% in the reported 24-hour period, with a live market cap of around $10.19 million. Trading volumes remain thin. CoinGecko recorded a 24-hour trading volume of roughly $528,000, representing a 186% increase from the prior day, signalling a recent uptick in market activity.
As with most celebrity memecoins, the risks are considerable. DADDY has experienced significant volatility and a sharp decline from its 2024 peak, with risks including low liquidity, potential insider issues, and the inherently speculative nature of meme tokens. Investors should conduct their own research before making any trading decisions.
Sources
IQ.wiki: Daddy Tate (DADDY) Overview
Decrypt: Andrew Tate-Backed Solana Token DADDY Up 450% Amid Insider Buying Claims
CoinMarketCap: Daddy Tate Live Price and Market Data
Robinhood Chain has become one of the biggest blockchain stories of July 2026. Although the network launched with tokenized stocks as its headline feature, memecoins quickly became the main driver of activity. Within days, daily trading volume climbed past $500 million, showing how rapidly community-driven assets can shape a new blockchain.
That momentum has also increased interest in early-stage projects like MemeToro ($MT), which is building AI-powered memecoin tools on BNB Chain before public exchange listings.
Robinhood Chain’s Growth Has Been Driven by Memecoins Robinhood launched its Arbitrum-powered Layer-2 blockchain on July 1, 2026 to support tokenized finance and around-the-clock digital markets.
Instead of stock-backed assets leading adoption, memecoins quickly took over.
According to on-chain data, daily trading volume expanded from approximately $200,000 to more than $500 million during the network’s first nine days.
Much of that activity centered around community-created tokens like CASHCAT rather than synthetic equity products.
Analysts believe the trend reflects how new permissionless blockchains often develop. Retail users usually experiment with memecoins first because they are easier to create, easier to trade, and spread rapidly through online communities.
The result is a blockchain ecosystem where community participation grows much faster than traditional financial products.
Why New Launch Platforms Are Evolving The success of Robinhood Chain also highlights another shift.
Launching a token is no longer the only challenge. Projects increasingly compete by improving how tokens are created, distributed, and traded after launch.
That includes automated liquidity, stronger protection against launch manipulation, and better tools for monitoring newly created assets.
Rather than acting as simple deployment websites, modern launch platforms are becoming full trading environments that continue supporting projects after they enter the market.
How MemeToro’s Launch System Works MemeToro ($MT) approaches token launches through an automated framework built on BNB Chain.
Instead of manually configuring every step, creators use a structured launch process where tokens follow a programmed bonding curve before automatically moving into public trading once predefined liquidity targets are reached.
Several platform features are designed to improve the launch experience:
Automatic PancakeSwap liquidity migration AI-powered filters for discovering new projects Anti-whale launch restrictions Anti-bot protections during deployment Creator rewards of up to 1.2% from trading volume Automated bonding curve pricing Alongside these launch tools, the platform also provides market guides and educational resources to help users better understand blockchain projects before participating.
MemeToro Presale Continues Through Stage 4 MemeToro ($MT) is currently in Stage 4 of its public presale.
The project has now raised more than $77,000, while the current token price remains $0.00171. Once the current stage sells out, the next funding round will increase the token price to $0.00190.
Beyond the fundraising campaign, $MT is planned to serve as the utility token across several products, including AI-assisted launch tools, staking, decentralized prediction markets, and additional SocialFi applications.
The project’s smart contracts have also completed an independent Coinsult audit before public exchange listings.
Robinhood Chain Shows Where Attention Is Moving Robinhood Chain has demonstrated that memecoins remain one of the fastest ways for a new blockchain to attract users and liquidity. Rather than waiting for traditional financial products to gain adoption, community-driven tokens quickly became the network’s biggest source of activity.
Projects like MemeToro ($MT) are now preparing for that same market by developing structured launch infrastructure before public trading begins, reflecting the growing demand for platforms that support both token creation and long-term blockchain participation.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
The Official TRUMP memecoin was once one of the most talked-about assets in crypto. Launched ahead of Donald Trump’s second inauguration, it quickly attracted enormous attention and billions of dollars in trading activity. A year later, the picture looks very different.
With the token trading around $0.76, roughly 98% below its peak, many investors are asking whether political memecoins have lost momentum and whether newer AI-focused presales deserve a closer look.
Why the TRUMP Memecoin Lost Momentum The Official TRUMP token became a major market story during early 2025.
At its highest point, the token traded close to $75 before beginning a prolonged decline. By mid-2026, it was changing hands near $1.55, leaving many holders with substantial losses.
Several factors contributed to the decline.
The token became increasingly tied to political headlines rather than broader crypto market trends. Investigations into VIP events involving token holders, debates surrounding political memecoins, and growing regulatory scrutiny all added uncertainty around the project.
Blockchain analysts also questioned the token’s ownership structure, pointing to reports that insiders controlled a significant share of the supply. Combined with changing market sentiment, those concerns reduced confidence among many retail traders.
Despite the decline, TRUMP remains one of the world’s most discussed political memecoins, illustrating how quickly narrative-driven assets can rise and fall.
Why Investors Are Looking at New Presales Now The weakness in several established memecoins has encouraged investors to look elsewhere.
Rather than buying tokens after they have already experienced large rallies, many traders are focusing on projects that are still raising capital before exchange listings.
At the same time, the market itself is evolving.
Instead of launching simple community tokens, newer projects increasingly combine artificial intelligence, blockchain automation, decentralized finance, and SocialFi into broader ecosystems.
That shift has helped create a new category of AI-focused crypto presales.
Overview of the MemeToro Token Launchpad The MemeToro platform provides a functional workspace for configuring, launching, and managing decentralized tokens within a unified interface. By operating on the BNB Smart Chain, the application minimizes operational friction while maintaining a high degree of smart contract transparency.
The workspace is optimized to give creators and traders clear, data-driven operational tools. Users can launch tokens with hands-free decentralized exchange listings that require no manual setup, routing up to 1.2% of transactional volume directly back to the creator’s wallet.
Market Cycles Continue to Change The TRUMP memecoin demonstrates how quickly political narratives can generate enormous attention before fading as market conditions change.
Its sharp decline has encouraged many investors to broaden their search beyond established memecoins and evaluate newer projects entering the market through presales.
While every early-stage investment carries risk, the growing interest in AI-powered blockchain platforms such as MemeToro ($MT) reflects a broader shift toward projects attempting to combine memecoin culture with longer-term blockchain utility rather than relying solely on short-lived market narratives.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Memecoins often thrive on hype, yet they can lose relevance just as quickly when attention fades.
Binance founder Changpeng Zhao’s (CZ) recent wallet activity initially fueled speculation across the memecoin market. He later clarified the transfers were routine, not valuation‑related.
Rather than making a statement about token valuations, he simply cleared thousands of unsolicited donations by sending them directly to the burn address.
In a post on X, CZ noted,
Source: X This move permanently removed roughly 1.1 billion donated memecoins from circulation, including transfers of 700 million and 400 million tokens shown in the wallet activity. However, the broader market impact remains limited because these assets already had little utility or liquidity.
Source: X Instead, the transaction underscores how speculative narratives can quickly overshadow routine wallet management. Ultimately, sustainable valuations will continue to depend on genuine demand rather than symbolic token burns.
Memecoin demand remains fragile CZ’s decision to burn unsolicited memecoins also reflects the broader challenges facing the memecoin sector. While new narratives occasionally attract speculative inflows, sustained demand has remained weak since Bitcoin’s October 2025 peak.
As Bitcoin [BTC] plummeted, investors began reducing their exposure to riskier assets. This led to cumulative Binance memecoin net volume declining to -$1.21 billion.
This suggests that rather than accumulate for long-term growth, traders increasingly view memecoins as assets to exit during uncertainty. Unless risk appetite improves, capital will likely continue concentrating in stronger cryptocurrencies.
Source: Dakforst on X As a result, this leaves memecoins vulnerable to lower liquidity, sharper volatility, and shorter-lived recoveries.
Rather than signaling isolated selling, the persistent outflows point to a prolonged risk-off environment across the sector. Although Robinhood Chain briefly revived interest in newer tokens, that momentum failed to reverse broader capital rotation.
Without consistent buying, memecoins will stay driven by short‑lived narratives rather than durable demand.
Final Summary Memecoins remain driven by speculation, with CZ’s burn carrying limited market impact. Bitcoin [BTC] weakness continues weighing on memecoins, as persistent capital outflows keep the sector in a prolonged risk-off environment.
Hackers seized control of the prominent SpaceX and Starlink accounts on X to pull off a scam by promoting a memecoin, on-chain data shows.
According to the on-chain analytics platform Lookonchain, the hackers used the two companies of Elon Musk’s social media feeds to drum up interest for a memecoin they called SCATMAN and then rug pulled the investors.
The compromised accounts posted promotional content for the scam token, drawing in victims. The hackers made off with the funds before the posts were taken down. SpaceX’s X account has 2 million followers while the Starlink X account has 1.6 million followers.
As they promoted the token, the hackers minted 10 trillion SCATMAN. When buyers scooped up the digital asset the hackers unloaded the memecoin and pocketed approximately $108,000 worth of Ethereum (ETH), a common rug pull scheme.
Lookonchain also noticed another wallet was involved in the scam. The hacker used the wallet to sell 59.28 million SCATMAN for $27,000 worth of ETH.
The on-chain data shows the rapid movement of ETH shortly after the promotions appeared. Security researchers monitoring the activity noted the swift execution of the attack, highlighting vulnerabilities in high-profile social media accounts tied to major tech brands. The incident underscores the risks of social engineering and account takeovers in the cryptocurrency space.
Ethereum is trading for $1,763 at time of writing, down 3% in the past 24 hours.
Dogecoin (DOGE) price is up by 2.25% today, July 14, to trade at $0.073 at the time of writing. The gains come as the broader crypto market recovers after the US inflation dropped to 3.5%. Still, Dogecoin remains below all EMAs amid an ongoing meme coin selloff that has wiped out $1.2 billion from Binance.
Binance Faces $1.2B Meme Coin Selling Pressure Data from CryptoQuant shows that traders on Binance have sold $1.2 billion worth of meme coins since October 2025. Analyst Darkfost notes that traders are selling because meme coins are the “riskiest assets” in crypto.
This selling pressure has pushed the price of Dogecoin down from $0.26 in October 2025 to $0.07 today, July 14. This means Dogecoin is down by 73% in eight months. In contrast, Bitcoin has dropped by 50% within the same period.
Still, the launch of Robinhood Chain has revived interest around meme coins, with Robinhood Chain tokens like CASHCAT reaching a market cap of $138 million since the chain launched on July 1.
Dogecoin is also gaining today, July 14 after US inflation dropped to 3.5%, reviving bullish momentum around risk assets because the Fed has less incentive to hike interest rates. But analyst Dark Frost warns these gains may not be sustainable.
Darkfost maintains that the long-term Dogecoin price forecast remains bearish unless there is sustained buying pressure.
Dogecoin Price Remains Below Key EMA Levels as Bearish Pressure Surges The price of Dogecoin has dropped below the 200-day EMA, 100-day EMA, and 50-day EMA levels. This drop suggests that the momentum is favoring bears.
Dogecoin price now trades at the support of $0.071. Closing below this support could see the price drop to the June 30 low of $0.069.
The RSI reading of 41 suggests that the momentum is still favoring bears, and this supports the bearish thesis of a drop to $0.069.
But the RSI line is rising, and if it makes a higher high above $50, it could invalidate the bearish thesis, and Dogecoin could move to the 50-day EMA of $0.082.
DOGE/USDT: 1-day Chart (Source: TradingView) Zooming in on the daily chart shows that Dogecoin could be forming a bullish W pattern if it bounces from the support of $0.071.
If the pattern plays out, Dogecoin faces the first obstacle at the July 4 high of $0.079 before a 10% rally ensues to $0.0869.
Dogecoin ETFs Post Zero Inflows For Four Weeks Data from SoSoValue shows that Dogecoin ETFs have not seen any inflows since June 17 despite Trump’s recent push for crypto. In fact, the ETFs have seen zero flows for six straight days since July 2.
DOGE Spot ETF Flows These fading inflows suggest that institutional demand towards Dogecoin ETFs has dropped and this is also pulling the price down.
Dogecoin ETFs now have $9.9 million in net assets since they started trading in November 2025. These net assets are equal to only 0.09% of Dogecoin’s market cap.
Dogecoin’s Open Interest Falls as Long/Short Ratio Tumbles Dogecoin’s open interest has dropped from $1.76 billion in May 2026 to $1 billion on July 14. The drop suggests that speculative interest towards Dogecoin has faded as the meme coin struggles under high selling pressure.
Dogecoin Derivatives Data The long/short ratio for Dogecoin has also dropped to 0.88 per CoinGlass data. This drop suggests that many traders are betting that the price of DOGE will continue to drop.
Memecoins have become one of the fastest-growing parts of the cryptocurrency market. What started with Dogecoin as an internet joke has evolved into a multi-billion-dollar sector where community attention often moves prices faster than technical development.
July 2026 has continued that trend, with new chains, viral communities, and fresh narratives creating opportunities alongside significant risks. Understanding how memecoins work is the first step before deciding which projects deserve closer attention.
What Is a Crypto Memecoin? A crypto memecoin is a digital asset inspired by internet culture, viral trends, or online communities rather than traditional business models.
Unlike utility tokens that focus on powering decentralized applications, memecoins usually gain value through community participation, social media activity, exchange listings, and market momentum.
That does not mean every memecoin follows the same path.
Some remain simple community tokens, while others gradually introduce additional products, staking programs, decentralized finance tools, or blockchain applications to expand their ecosystems.
The sector has also changed significantly over the past two years.
Instead of Ethereum dominating launches, many new memecoins now appear on Solana, Base, and newer networks such as Robinhood Chain, where lower transaction costs encourage frequent trading.
Because prices can rise or fall rapidly, investors generally evaluate three factors before participating:
Community activity Liquidity and trading volume Exchange support Project transparency Long-term development plans These indicators do not guarantee success, but they help separate active ecosystems from short-lived trends.
The Biggest Memecoins to Watch This Month July has produced several standout memecoin projects across different blockchain ecosystems.
CASHCAT has become the flagship memecoin on Robinhood Chain after rapidly reaching a market capitalization above $120 million while generating remarkable early-investor returns.
ANSEM has revived Solana’s memecoin market by climbing above $400 million in market value, supported by strong community participation and renewed trading activity across the network.
Established names continue attracting significant liquidity.
PEPE remains one of the sector’s most actively traded assets, while DOGE continues serving as the market’s largest mainstream memecoin. BONK, SHIB, and WIF also maintain active communities despite increasing competition from newer projects.
Together, these projects demonstrate that memecoin markets continue evolving rather than relying on one dominant token.
How MemeToro Expands Beyond a Traditional Memecoin MemeToro approaches the memecoin sector from a different direction.
MemeToro ($MT) is a functional Web3 utility platform that translates real-time cultural data into deployable smart contracts and decentralized applications. The project architecture is tailored to support sustainable network scaling, transparent public allocations, and secure holder distributions.
End-to-End Asset Generation: The platform handles the full creation process of digital tokens, including asset design and initial smart contract deployment. Programmatic Yield Options: Users can delegate their assets to earn platform-generated fees and network rewards across active markets. Advanced Portfolio Management: The platform provides structural tools backed by an analytical engine to help track changing market sectors. Verified Contract Security: Audited protocols ensure that all transaction processing and token lockups operate exactly as coded. The project has raised more than $77,000, while the current presale price stands at $0.00171. Once the present allocation is completed, the token price will increase to $0.00190 in the following stage.
Memecoins Continue to Evolve Memecoins remain among the most active segments of the cryptocurrency market because they combine community participation with fast-moving market narratives.
Projects like CASHCAT and ANSEM show how quickly attention can build around new ecosystems, while established names such as DOGE and PEPE continue attracting significant liquidity.
At the same time, platforms like MemeToro ($MT) illustrate how newer projects are combining AI, blockchain infrastructure, and community-driven products to broaden what a memecoin ecosystem can become beyond simple speculation.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Baiju Bhatt (right) and Vlad Tenev, founders of Robinhood (Getty Images/Spencer Platt)Summary
Robinhood Chain, an Ethereum layer-2 launched July 1 to host tokenized stocks, has quickly become one of crypto’s busiest new networks, with about $312 million in total value locked and 3.6 million daily transactions.Despite Robinhood’s pitch of a regulated venue for tokenized real-world assets, those assets account for only about $12.8 million on the chain, while memecoins like CASHCAT and stablecoins dominate activity and market value.The chain’s future hinges on whether speculative memecoin traders convert into users of its tokenized equity and real-world asset offerings.Robinhood Chain, the blockchain network built by the popular trading app to power tokenized stocks, has become one of the busiest new chains in crypto. But despite being built around tokenized stocks and other real-world assets (RWAs), speculative memecoin trading has so far become the network's defining use case.
A cat-themed token called CASHCAT, named after Robinhood's former mascot before the company rebranded, has surged 2,158% over the past 7 days, and the memecoin has a $156 million market cap. By comparison, tokenized real-world assets on the chain are worth just $12.81 million, of which $10.68 million is stocks, with the rest split across commodities, tokenized ETFs and a $410,000 sliver of U.S. Treasuries as of Monday morning.
The contrast comes as the chain has posted explosive early growth since it officially went live on July 1.
Data reviewed by CoinDesk shows that total value locked for the chain reached about $135 million, up more than sevenfold from $17 million on July 3, according to DefiLlama. It even ranked among the top three networks for decentralized exchange trading volume over the past week, generating $3.1 billion in volume.
Robinhood chain's trading volume by DEX (DeFiLlama)This means the tokenized-equity book remains tiny in a chain that clears billions of dollars in weekly trading volume. The pattern is similar to when prominent exchange Coinbase launched its own network, Base, in 2023. Memecoins and speculation filled it first, while the durable applications arrived later, per CoinDesk reports from that time.
Robinhood Chain also recently surpassed Base in daily transaction count, according to Token Terminal. "Robinhood Chain overtook Base in just 1.5 weeks. Yesterday, Robinhood Chain processed 10.4 million transactions versus Base's 6.4 million," it posted on X.
What is Robinhood Chain?Robinhood Chain is an Ethereum layer-2 built on Arbitrum's Orbit stack. It settles transactions on the Ethereum network and uses ether to pay network fees.
An anchor product of the chain is Stock Tokens, onchain versions of equities like Nvidia and Apple that trade around the clock and, unusually, are structured as tokenized debt securities barred to U.S. persons. Crypto applications, including Uniswap, Chainlink and the Morpho lending protocol, were also integrated at launch.
As of Monday morning, the value of all tokens locked on the protocol is $312 million, and the total asset market cap is $480 million. The chain has drawn nearly 800,000 lifetime active addresses, processed 3.6 million transactions in a day, and cleared $838 million in decentralized exchange volume over 24 hours. Fees run a fraction of a cent per transaction.
Robinhood positioned it as a regulated venue where tokenized real-world assets plug into decentralized finance (DeFi), enabling blockchain-based versions of traditional financial assets to interact with onchain lending, trading and other applications.
Yet the composition of activity tells a different story.
According to data tracked by Dune Analytics, asset management accounts for 40.5% of value locked on the chain, while lending accounts for 38.3%. Spot exchanges are 11.9% and perpetual futures 5.2%. Real-world assets, Robinhood's flagship use case behind the chain's existence, are just 4.1%.
The CASHCAT memecoin has also spawned an entire ecosystem of Robinhood-themed tokens, including Cash Dog in Hood, Little John, Hoodrat, and Arrow, none of which existed two weeks ago. The launchpad feeding them, NOXA.fun, and a trading bot called basedbot now have their own dedicated tracking dashboards.
Stablecoins account for much of the remaining activity.
Global Dollar, the USDG token issued by the Paxos-led consortium Robinhood helped found, holds about $200 million of the roughly $299 million stablecoin market cap on the chain, with Ethena's USDe making up most of the rest.
'Works great for memes'While the chain may not yet be serving its original purpose, speculative trading often provides the earliest burst of activity on new blockchains, generating addresses, liquidity and transaction volume well before their intended use cases mature.
But it remains to be seen if the traffic converts. Memecoin traders run to where the activity is and are not loyal to any specific chain, meaning Robinhood Chain's current users may not overlap with the investors it ultimately hopes to attract.
And the platform's executives might even be leaning into that behavior.
On July 2, Robinhood's CEO, Vlad Tenev, told CNBC that assets without utility do not serve a lasting purpose and that tokenized real-world assets were the durable direction for crypto.
Six days later, as CASHCAT climbed, he posted that while the company is building the chain to be the best for real-world assets, 'it works great for memes too.' He later followed the token's X account.
The key question over the coming months is whether Robinhood can convert speculative demand into adoption of its tokenized equity platform. If tokenized real-world assets grow beyond today's roughly $13 million while memecoin activity fades, the strategy may be working.
But if real-world assets stay flat while the speculation moves on to the next flashy chain where memecoins start to rack up quick profits, Robinhood Chain may risk following a familiar crypto pattern: attracting an early wave of speculation without becoming the financial infrastructure it was built to support.
Read more: Robinhood Chain surges into top five by DEX volume: Bernstein
Pepecoin changed the modern memecoin market by showing that internet culture could attract serious capital. Its rise to a $14.73 billion peak turned meme assets from side bets into a full market category. Even in 2026, PEPE remains active today, posting a 15.67% weekly gain and more than $207 million in average daily volume.
The next cycle, however, may not be led by another standalone token. It may come from new AI memecoin platforms that create, launch, and support many meme assets at once.
PEPE Built the First Modern Supercycle PEPE’s success was not only about price. It changed how traders viewed liquidity, community, and cultural momentum.
The token proved that a meme project could move beyond a small retail crowd and attract institutional-level turnover. That helped open the door for newer launchpads, social trading tools, and automated token creation platforms.
PEPE still shows relative strength today. Its short-term trend has improved, supported by a rising 50-day moving average and fresh sector rotation.
The larger challenge remains overhead resistance. Its 200-day moving average continues to limit a clean long-term breakout, showing that established meme assets now face heavier technical barriers than they did during their earliest stages.
MemeToro Turns Trends Into Launches MemeToro ($MT) takes the supercycle idea in a different direction. Instead of waiting for one community token to go viral, its AI agent monitors online narratives and converts rising themes into launch-ready assets.
The system scans social platforms, news flows, and digital communities for early signs of attention. Once a trend is validated, it can prepare the token concept, branding materials, visual assets, and launch structure through one automated workflow.
Users can review the generated package before deployment. The final token then enters the market under a fair-launch model without private pre-allocations or insider reserves.
This turns AI from a research assistant into an active creation engine.
Why MemeToro Could Drive the Next Wave The platform supports several parts of the launch process that older meme cycles handled manually:
Real-time narrative tracking Automated token and brand creation No-code fair-launch deployment Anti-bot and anti-whale safeguards Automatic PancakeSwap liquidity migration Creator fees of up to 1.2% These tools matter because the next memecoin cycle may reward infrastructure rather than one mascot alone. A platform that repeatedly identifies narratives and launches assets can participate across many cultural moments instead of depending on one token’s popularity.
MemeToro ($MT) is currently in Stage 4 of its presale. It has raised $66,670.37 toward an $80,785.59 target, filling 82.52% of the round. The current price is $0.00171 per $MT. The next stage increases that rate to $0.00190.
MemeToro Adds a Second Layer to Meme Culture MemeToro also extends beyond token generation. Its roadmap includes prediction markets where users can forecast crypto moves, macro events, sports outcomes, and cultural trends while earning rewards in $MT and USDC.
That gives the platform another way to capture the same attention cycles that drive memecoins. Instead of only buying a trending asset, users can speculate on the event or narrative behind it.
The system also includes audited smart contracts, staking yields of up to 35% APR, and a fixed 1.2 billion token supply. Those elements provide structure around an ecosystem built for fast-moving themes.
The Next Supercycle May Be a Platform Cycle PEPE proved that meme communities could command enormous liquidity. MemeToro ($MT) is testing whether AI can industrialize that process by finding trends, building assets, and launching them repeatedly.
That does not guarantee another supercycle. It does suggest the next one may be powered less by a single token and more by platforms that turn internet attention into on-chain markets.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Because of Robinhood Chain's Cashcat memecoin's quick expansion, traders searching for the next big memecoin have flooded the network.
Sadly, it has also drawn con artists who are launching fake tokens and carrying out rug pulls by taking advantage of investor FOMO, social media influence, and hype. The same scam techniques used on other blockchain networks are already permeating the Robinhood Chain, as evidenced by recent incidents involving Scatman, phony tokens with a Hood theme, and Cashcat imitators.
One of the biggest scams yetBlockchain investigators claim that a hacker took over the SpaceXAI and Starlink X accounts and used them to advertise the token as a seemingly legitimate opportunity. After minting 10 trillion SCATMAN tokens, the attacker sold all of them for about 59 ETH, or $108,000 at the time.
HOT Stories
You Might Also Like
An additional $27,000 was reportedly made from the sale of an additional 59.28 million SCATMAN for 14.7 ETH by a second wallet connected to the same attack. Following the sell-off, investors who purchased after witnessing the hacked accounts promote the token were left with assets that were essentially worthless. There are other incidents like the Scatman one.
In order to profit from the popularity of already-existing communities and projects, a number of phony HOOD and Cashcat tokens have also surfaced on the Robinhood Chain. To confuse traders, these imitation tokens frequently use similar names, logos, and branding. Developers frequently own a sizable share of the supply and sell their tokens as soon as enough buyers join the market.
Honeypots are there tooBy implementing honeypot contracts, which permit users to purchase but prohibit them from selling, some projects go even further. Before making any purchases, investors should confirm token contract addresses through official project channels to lower risk. Examining contract audits, token holder distribution, and liquidity levels can help spot clear warning signs.
You Might Also Like
Additionally, traders should continue to be wary of tokens advertised on social media platforms that are either brand-new or potentially hacked. Memecoin speculation is still one of the riskiest areas of the cryptocurrency market, but Robinhood Chain presents new opportunities. Losses that happen in a matter of seconds can be avoided by taking a few minutes to verify a project.
Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Has Also Written
Fact Checked by
CryptoNews Editorial Team
Author
CryptoNews Editorial Team
Part of the Team Since
Sep 2018
About Author
The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
Has Also Written
Last updated:
2 hours ago
The stablecoin market has lost more than $10 billion since May, but it might not be a warning sign. Instead, money is flowing into memecoins as investors chase higher returns on Robinhood chain. Bitcoin, Ethereum, and the CLARITY Act are now driving price sentiment, with lawmakers expected to unveil an updated version of the bill next week.
Japan added to the optimism during WebX 2026. Prime Minister Sanae Takaichi pledged stronger backing for Web3 through funding and friendlier policies. Fundstrat’s Tom Lee also grabbed headlines after calling Ethereum the settlement layer for the AI economy, a view that continues attracting institutional attention.
🇯🇵 HUGE: JAPAN PM SANAE TAKAICHI REAFFIRMS SUPPORT FOR STARTUPS AND WEB3 AT WEBX 2026
In a video address at WebX 2026, Japanese Prime Minister Sanae Takaichi pledged to strengthen support for Web3 startups through increased funding from government-backed institutions and further… pic.twitter.com/N9vMDTUKK2
— Coin Bureau (@coinbureau) July 13, 2026 Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
CLARITY Act Progress Lifts Bitcoin Price SentimentThe CLARITY Act could reach Congress as early as July 17, giving the crypto industry one of its biggest regulatory moments in years. Supporters believe the proposal will finally define which digital assets fall under securities laws and which qualify as commodities. If passed, the CLARITY Act could remove one of the biggest crypto obstacles.
Nevertheless, the Bitcoin price slipped below $63,000 over the weekend amid geopolitical tensions that rattled markets. The drop triggered more than $14 million in long liquidations, yet buyers quickly stepped in before losses snowballed. By Sunday, Bitcoin had settled back into the $63,000 to $64,000 range.
Fresh demand is also showing up elsewhere, with the Coinbase Premium Index climbing back toward neutral after spending 55 straight days in negative territory, showing U.S. buyers are becoming more active again. Not just that, spot Bitcoin ETFs also recorded net inflows after nine weeks of withdrawals, giving bulls another reason for confidence.
As of today, however, Fidelity’s Jurrien Timmer still expects one more shakeout before the next rally, with $60K acts as the bottom. Michael Saylor also fueled speculation of another purchase after sharing his latest Bitcoin tracker update. Another orange dot from him might come soon, as usual.
As for Bitcoin, it too may be in an accumulation zone (in my view). At $60k it’s getting ever closer to its power law support line. pic.twitter.com/M3T3rDGFMx
— Jurrien Timmer (@TimmerFidelity) July 10, 2026 Another talking point is BIP 110, a proposal that would limit arbitrary data stored in Bitcoin transactions. Critics, including Adam Back and Michael Saylor, argue the change could split the community without solving a meaningful problem. So far, traders have shown little concern as attention stays fixed on the CLARITY Act.
Discover: The Best Crypto to Diversify Your Portfolio
Ethereum Price Draws Institutional AttentionEthereum price has been moving in a tight range around $1,800 despite a quieter weekend across the crypto market. Price action has slowed, but institutional interest has not.
Speaking at WebX 2026, Tom Lee described Ethereum as the foundation for the coming AI economy. He pointed to growing adoption from financial firms, the Robinhood Chain launch, and improving macro conditions as reasons that Ethereum price may be entering a new cycle.
Bitmine, ArkhamNot just the talk, Tom Lee’s firm, Bitmine, now holds 5.74 million ETH, or about 4.8% of the total supply, and plans to increase that stake. Agreeing with Lee,Ethereum whales also bought another $20.6 million worth of ETH even after several days of exchange outflows.
But that’s not all, ETH network development has also stayed active. The Ethereum Foundation confirmed one of its AI agents detected a validator crashing bug before human researchers verified the issue. A separate Cambridge study found Ethereum’s shift to Proof of Stake reduced electricity consumption by more than 99.9%, strengthening its case among institutions focused on sustainability.
So, with all that news, what should we be expecting this week?
The next few days could prove important for the market. We are watching the CLARITY Act for signs of regulatory progress while tracking institutional buying across both major coins. If those trends continue, Bitcoin and Ethereum price could build on their recent resilience. For now, the move out of stablecoins looks less like an exit from crypto and more like traders rotating into assets with higher upside, while the Ethereum price keeps finding support from long-term buyers.
Discover: The Best Token Presales
Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Has Also Written
Fact Checked by
CryptoNews Editorial Team
Author
CryptoNews Editorial Team
Part of the Team Since
Sep 2018
About Author
The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
Has Also Written
Last updated:
2 hours ago
The stablecoin market has lost more than $10 billion since May, but it might not be a warning sign. Instead, money is flowing into memecoins as investors chase higher returns on Robinhood chain. Bitcoin, Ethereum, and the CLARITY Act are now driving price sentiment, with lawmakers expected to unveil an updated version of the bill next week.
Japan added to the optimism during WebX 2026. Prime Minister Sanae Takaichi pledged stronger backing for Web3 through funding and friendlier policies. Fundstrat’s Tom Lee also grabbed headlines after calling Ethereum the settlement layer for the AI economy, a view that continues attracting institutional attention.
🇯🇵 HUGE: JAPAN PM SANAE TAKAICHI REAFFIRMS SUPPORT FOR STARTUPS AND WEB3 AT WEBX 2026
In a video address at WebX 2026, Japanese Prime Minister Sanae Takaichi pledged to strengthen support for Web3 startups through increased funding from government-backed institutions and further… pic.twitter.com/N9vMDTUKK2
— Coin Bureau (@coinbureau) July 13, 2026 Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
CLARITY Act Progress Lifts Bitcoin Price SentimentThe CLARITY Act could reach Congress as early as July 17, giving the crypto industry one of its biggest regulatory moments in years. Supporters believe the proposal will finally define which digital assets fall under securities laws and which qualify as commodities. If passed, the CLARITY Act could remove one of the biggest crypto obstacles.
Nevertheless, the Bitcoin price slipped below $63,000 over the weekend amid geopolitical tensions that rattled markets. The drop triggered more than $14 million in long liquidations, yet buyers quickly stepped in before losses snowballed. By Sunday, Bitcoin had settled back into the $63,000 to $64,000 range.
Fresh demand is also showing up elsewhere, with the Coinbase Premium Index climbing back toward neutral after spending 55 straight days in negative territory, showing U.S. buyers are becoming more active again. Not just that, spot Bitcoin ETFs also recorded net inflows after nine weeks of withdrawals, giving bulls another reason for confidence.
As of today, however, Fidelity’s Jurrien Timmer still expects one more shakeout before the next rally, with $60K acts as the bottom. Michael Saylor also fueled speculation of another purchase after sharing his latest Bitcoin tracker update. Another orange dot from him might come soon, as usual.
As for Bitcoin, it too may be in an accumulation zone (in my view). At $60k it’s getting ever closer to its power law support line. pic.twitter.com/M3T3rDGFMx
— Jurrien Timmer (@TimmerFidelity) July 10, 2026 Another talking point is BIP 110, a proposal that would limit arbitrary data stored in Bitcoin transactions. Critics, including Adam Back and Michael Saylor, argue the change could split the community without solving a meaningful problem. So far, traders have shown little concern as attention stays fixed on the CLARITY Act.
Discover: The Best Crypto to Diversify Your Portfolio
Ethereum Price Draws Institutional AttentionEthereum price has been moving in a tight range around $1,800 despite a quieter weekend across the crypto market. Price action has slowed, but institutional interest has not.
Speaking at WebX 2026, Tom Lee described Ethereum as the foundation for the coming AI economy. He pointed to growing adoption from financial firms, the Robinhood Chain launch, and improving macro conditions as reasons that Ethereum price may be entering a new cycle.
Bitmine, ArkhamNot just the talk, Tom Lee’s firm, Bitmine, now holds 5.74 million ETH, or about 4.8% of the total supply, and plans to increase that stake. Agreeing with Lee,Ethereum whales also bought another $20.6 million worth of ETH even after several days of exchange outflows.
But that’s not all, ETH network development has also stayed active. The Ethereum Foundation confirmed one of its AI agents detected a validator crashing bug before human researchers verified the issue. A separate Cambridge study found Ethereum’s shift to Proof of Stake reduced electricity consumption by more than 99.9%, strengthening its case among institutions focused on sustainability.
So, with all that news, what should we be expecting this week?
The next few days could prove important for the market. We are watching the CLARITY Act for signs of regulatory progress while tracking institutional buying across both major coins. If those trends continue, Bitcoin and Ethereum price could build on their recent resilience. For now, the move out of stablecoins looks less like an exit from crypto and more like traders rotating into assets with higher upside, while the Ethereum price keeps finding support from long-term buyers.
Discover: The Best Token Presales
Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
When crypto last boomed in 2024 and 2025, memecoins were all the rage. Traders flocked to blockchains like Solana or the app Pump.fun to launch their own dog-themed, cat-themed, or frog-themed tokens. Even two presidents got involved. (While President Donald Trump’s memecoin made a killing, Javier Milei’s landed the Argentine president in hot water.)
Then, the “memecoin trenches,” as traders jokingly called them, started dozing off. Some investors caught on that the game was often rigged, and others started chasing other speculative assets like perpetual futures or prediction markets. But, last week, the trenches appeared to have woken up—if even just a little bit.
In early July, the online brokerage Robinhood, which has made serious investments into crypto, publicly launched its own blockchain, a layer-2 network built on top of Ethereum. The initiative was a long time coming and part of the public company’s broader thesis that financial institutions will increasingly tokenize assets, or issue products like stocks within blockchain wrappers.
Trading volume on Robinhood Chain exploded out of the gate, rising from just over $200,000 on July 1 to more than $500 million nine days later, according to data from the crypto analytics provider DefiLlama. But that volume wasn’t from real-world assets, another term for tokenized financial products. Instead, trading came from the trenches.
Within days of Robinhood Chain’s launch, memecoins became some of the most traded assets on the network. One memecoin, Cash Cat, notched a market capitalization of around $150 million on Friday, according to the crypto analytics provider CoinGecko. (The name is a callback to the early days of Robinhood, when Tenev and his cofounder Baiju Bhatt first called their company CashCat, according to a New Yorker profile.)
That Robinhood’s newest crypto product is now a haven for memecoin trading shouldn’t be a surprise. The company has repeatedly profited off of joke-inspired investing. In 2021, the online brokerage was at the center of the improbable rise of GameStop’s stock. And, in the second quarter of that year, 62% of the company’s crypto revenue came from purchases and sales of the original memecoin, Dogecoin.
Still, Johann Kerbrat, Robinhood’s senior vice president of crypto, remained on message when I reached out for comment. “We are laser-focused on one mission: building the most secure, scalable, and seamless foundation for real-world assets,” he said.
But, in a post on X, Tenev appeared to lean into memecoin mania: “While we’re building Robinhood Chain to be the best chain for RWA [real-world assets]… it works great for memes, too.”
DECENTRALIZED NEWSMichael Saylor’s Bitcoin behemoth sold $216 million in crypto, which is Strategy’s largest Bitcoin sale ever. (Fortune)
Founded in 2018, the DeFi veteran Gauntlet raised $125 million from the Japanese financial conglomerate SBI Holdings in a Series C funding round. (Fortune)
The Justice Department sent a memo to attorneys in June, advising them that they should expect less cooperation from Binance on crypto cases. (The Information)
The prediction market Polymarket submitted an application to the CFTC to offer margin trading to U.S. users. (Bloomberg)
The public company that the Trump sons worked with to stockpile their crypto firm's token is looking to sell its core business. (WSJ)
MAIN CHARACTER OF THE WEEK
Matt Huang (left), cofounder and managing partner of Paradigm.Jesse Grant—Getty Images/Breakthrough Prize
Matt Huang, the managing partner of the crypto VC Paradigm, announced Wednesday that his firm raised $1.2 billion for a new fund focused on crypto—as well as AI, robotics, and “other areas of the technical frontier.”
MEME O' THE MOMENT
Even Bitcoin bulls eventually sell their crypto.@BitMEX
Never sell your Bitcoin… unless you decide to sell $216 million worth of Bitcoin.
Launching a memecoin has never been easier. Platforms now allow almost anyone to create a token within minutes, helping thousands of new projects appear every week. But easier launches have also created new problems, including bot activity, recycled developer wallets, and pump-and-dump schemes.
That is why many traders have started looking beyond simple launch tools. MemeToro ($MT) and Pump.fun both target the memecoin market, but they approach fair launches very differently.
Pump.fun Made Launches Easy, But Risks Still Remain Pump.fun changed the memecoin landscape by making token creation accessible to everyone. More recently, it strengthened its infrastructure by integrating the Vyper trading terminal directly into its ecosystem, creating a more complete trading experience for users.
The platform has also matured considerably since its early days.
Many experienced traders who survived the initial speculative period have adapted their strategies, leading to stronger profitability among active on-chain participants. Even so, analysts continue pointing out that creating a token quickly does not automatically create a fair launch.
Automated liquidity locks reduce some risks, but they cannot stop coordinated bot activity or prevent recycled developer wallets from participating in launches.
As one market analyst recently noted:
“Platforms like Pump.fun haven’t eliminated risk; they have just democratized token generation. The infrastructure is superior on Solana, but traders must remember that viral narratives are noise until confirmed by sustainable on-chain depth.”
For many investors, that means looking beyond launch speed and focusing more on how projects attempt to improve launch quality.
How MemeToro Approaches Fair Launches MemeToro ($MT) takes a broader AI-first approach rather than acting as only a token creation website.
The platform is also being developed alongside the growing BNB Chain AI ecosystem, where new infrastructure focuses on reducing front-running while supporting autonomous blockchain applications.
Instead of asking users to manually monitor market trends, MemeToro ($MT) organizes public information into practical insights before launch decisions are made.
Technical Overview of MemeToro AI Agent: How it Works The MemeToro ($MT) AI Agent is an automated asset-creation tool that manages the end-to-end development of trend-based cryptocurrency tokens.
Core System Functions:
Real-Time Data Analysis: Scans continuous feeds of global news and digital communities to identify rising cultural topics. Automated Creative Output: Generates all essential visual and structural assets, including logos, marketing banners, and the core token concept. Pre-Launch Verification: Displays a comprehensive preview of the generated materials and token mechanics for user evaluation prior to the official launch. Fair-Launch Deployment: Deploys the completed token instantly to the public market without pre-allocations or team advantages. The infrastructure is powered by the $MT token, which is currently available during the active presale phases.
Currently in Stage 4, the project has already raised $66,670.37, reaching 82.52% of its $80,785.59 funding target.
The current token price is $0.00171, while the next stage increases automatically to $0.00190.
Fair Launches Depend on More Than Speed Creating a token in minutes is no longer enough to stand out.
As AI becomes more involved in blockchain applications, traders are beginning to evaluate how launch platforms handle transparency, automation, and long-term ecosystem participation. MemeToro ($MT) combines launch tools with AI-powered trend analysis, staking, and prediction markets, giving users additional ways to interact after a token goes live rather than focusing only on deployment.
That broader ecosystem reflects how many newer blockchain projects are trying to build beyond the launch itself.
Different Platforms for Different Goals Pump.fun remains one of the most recognizable names in memecoin creation and continues attracting significant activity across Solana.
MemeToro ($MT) is targeting a different direction by combining AI-assisted launches with a wider ecosystem built around BNB Chain. Whether one approach ultimately proves stronger will depend on adoption, continued product development, and user participation.
As the memecoin market evolves, investors increasingly appear to value platforms that offer more than simply creating another token.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
The Shiba Inu ecosystem could soon reach a new milestone after several months of discretion around some of its most anticipated projects. Recent exchanges within the community revive speculation about the return of Shiba Eternity and the metaverse associated with the SHIB universe. Without an official schedule, several clues nonetheless show that the teams continue their work behind the scenes. These statements come as developers reaffirm their desire to refocus their efforts on sustainable products for the coming years.
In brief Shiba Inu is preparing the return of Shiba Eternity and its metaverse after several months of pause. Mazrael states that the two projects are currently benefiting from numerous updates behind the scenes. The Web3 version of Shiba Eternity continues its development after a closed beta phase on Shibarium. The metaverse will be accessible via Shib.io, replacing the old now abandoned domains. Developers want to focus their efforts on sustainable projects to revive the ecosystem in 2026. The recent drop of SHIB continues to fuel the community’s questions about the ecosystem’s outlook. At the same time, discussions have resumed after an intervention by Mazrael, a long-standing member of the SHIB community, during an exchange on X. Asked about the current state of Shiba Eternity, he indicated that the game’s development was ongoing despite a temporary pause. As an advisor to the project, he also hinted that several major updates were already in preparation, suggesting that the teams are actively continuing their work before a future relaunch.
Meh, in an environment where lesser doggos would shutdown their L2, we temporary paused SE along with the metaverse can refer to blog.shib.io or magazine.shib.io lots in progress. Oh, and actually both MV and SE have much updates ready for their relaunch. There still a bunch you can do on SHIBarium and you can use Shib.io building blocks to make moar 2!
Mazrael, a veteran of the Shiba Inu community. Source: X / @Mazrael_shib Mazrael also mentioned the Shiba Inu metaverse, specifying that it too would benefit from many updates before its relaunch. He summarized the situation by saying that “many things are underway,” without revealing more details. However, no schedule accompanies this announcement. Despite this absence of date, the message shows that the two projects remain at the heart of the ecosystem’s roadmap.
Shiba Eternity was launched in October 2022 as a free collectible card game on mobile. After this first version, developers began designing a paid Web3 edition integrated into Shibarium. This evolution was intended to offer a Play-to-Earn model. A closed beta phase took place between the third and fourth quarters of 2024 to test this new version.
Technical Developments Set the Stage for the Return of Both Projects Even though teams remain discreet about their schedule, several elements show that preparations are progressing. Mazrael indicated that the metaverse would no longer go through an independent domain upon its return. Instead, users would access the experience directly via the Shib.io website. This change comes after the closure of the old domains previously used by the ecosystem.
This centralization could simplify access to the various services developed around Shiba Inu. It also reflects a desire to unify products under a single platform. The shared information remains limited, but it confirms that technical developments have not stopped. Upcoming announcements should thus specify the features planned for the new versions.
Meanwhile, Shiba Eternity also continues its evolution towards an environment more integrated with Shibarium. The trials carried out during the Web3 beta show that the project continues to develop despite the pause observed in recent months. Mazrael’s statements therefore reinforce the idea that the teams prefer comprehensive preparation before announcing an availability date.
A Roadmap Refocused on Sustainable Projects At the end of 2025, Kaal Dhairya, a Shiba Inu developer, had already presented the major orientations planned for 2026 in a letter addressed to the community. He explained that “some projects, systems, or processes could be suspended or abandoned when they did not generate revenue or reach their economic balance.” This approach aimed to focus resources on the most solid initiatives.
Despite this perspective, Kaal Dhairya wanted to reassure community members. According to him, the vision carried by Shiba Inu had not disappeared. He simply believed that “the ecosystem was going through a more difficult period before a new development phase.” The stated goal was now to repair existing foundations, strengthen team focus, and build solutions capable of lasting over time.
Mazrael’s latest statements fit into this same logic. They show that the flagship projects continue to move forward even if their communication remains limited. The coming months should reveal more about the relaunch schedule of Shiba Eternity and the metaverse. If this strategy is confirmed, Shibarium could gradually re-prioritize projects considered essential. Upcoming official communications will help measure the concrete progress of this new development phase.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Shiba Inu is one of those altcoins that annoy as much as they intrigue. Far, very far from the dreamed and once proclaimed dollar, the token oscillates without a compass. The burns follow one another, but the falls remain more violent than the flaps of a butterfly’s wings. At one time, these massive destructions served as spectacular springboards. Yet, the operational magic seems to have lost its allure.
In brief Shiba Inu burned 110 million tokens on July 8, its biggest burn in six months. SHIB’s price nevertheless dropped 5% during the day and 9% over the month. Total supply remains colossal with 585 trillion SHIB in circulation, rendering burns insignificant. Memecoins’ market share collapsed, falling from 10% to 3.7% in two years. 110 million SHIB go up in smoke, but the price keeps tumbling On July 8, 2026, the Shiba Inu community carried out its biggest burn in six months. More than 110 million SHIB were sent to dead wallets, permanently removed from circulation.
A wallet linked to Robinhood led the way by burning 109 million tokens in a single transaction. Smaller wallets completed the rest of the operation.
This massive destruction should have, in theory, supported the price. Yet, SHIB dropped 5% during the day and 9% over the month. The token now moves in a narrow range, unable to break its immobility.
Weekly burns rose to 152 million, a 55.77% increase. This surge in activity nonetheless did not convince the most seasoned traders.
Meanwhile, whales dumped more than 1,000 billion SHIB on exchanges, nullifying any positive effect of the burns.
585 trillion tokens : the ocean that burns can’t dry up Since its launch, the Shiba Inu community has burned over 410 trillion tokens. Yet, there are still 585.6 trillion SHIB in circulation. Even by maintaining the record pace of July 8 for an entire year, only a tiny fraction of this colossal mass could be reduced.
In May 2021, Vitalik Buterin, Ethereum co-founder, received half of the total SHIB supply as an unsolicited gift. He burned 410.24 trillion tokens, amounting to 6.7 billion dollars at the time. This single event still represents almost all SHIB ever destroyed.
Recent community burns are therefore just a drop in the ocean. Trader James Wynn has even called SHIB “dead.” Whales continue to offload their positions, a sign that confidence is eroding.
The real problem is not on the supply side, but on the demand side. And demand is evaporating from the memecoin sector.
Memecoin freefall hits Shiba Inu head-on In the fourth quarter of 2024, memecoins represented more than 10% of the total altcoin market capitalization. Today, this share has fallen to 3.7%. Dogecoin has experienced heavy retail selling, while memecoin dominance reached its lowest level in two years.
Capital is fleeing the sector, and burns are not enough to reverse this heavy trend. Memecoin bullish cycles have always been fueled by renewed retail interest, not supply mechanisms. Traders therefore do not reward deflationary tokens in the absence of real demand.
Analysts believe that the adoption of Shibarium, Shiba Inu’s layer 2 blockchain, will have more impact on price than any burn. The real battle is happening elsewhere, on utility and adoption. As long as interest in memecoins does not return, burns will only have a marginal impact on prices.
Key figures to remember: Record burn on July 8: 110 million SHIB; Total circulating supply: 585.6 trillion SHIB; Historic Vitalik burn: 410.24 trillion SHIB; SHIB price at time of writing: 0.00000427 dollar. No matter the challenges faced, Shiba Inu did not fail to shine at the end of June. The historic milestone of 1.6 million holders was reached. Proof that the community endures despite market tremors.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Mikaia A.
La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
A new memecoin, CASHCAT, has pumped more than 1100% within 24 hours after Robinhood CEO’s endorsement for memecoins. It has tapped a market cap of over $150 million and a price of more than $0.15 in just 1 day after launch.
It launched as the mascot of the Robinhood app, but it has now become the first major memecoin story on Robinhood since the chain’s launch on July 1st.
Robinhood Chain started with real-world assets, on-chain finance, and analytics. Later it also launched Trump Accounts for retail. Memecoins were not on the list. Then, the Robinhood CEO Vlad Tenev made a public post saying, “Robinhood Chain will be the best chain for RWA, but it’s great for memes as well” and also followed CASHCAT’s official X account.
That one catalyst changed the direction of the memecoin.
One Trader Made $1.6M From an $86 Investment A crazy move in a single CASHCAT trade was captured by LookOnChain. Before the surge a wallet, known as 0xeee2, purchased 17.5 million CASHCAT tokens for just $86.
Later, the trader sold 3.6M $CASHCAT for $390.5K and still holds 13.8M $CASHCAT ($1.24M). It made headlines and helped to continue the momentum that had been rolling since Tenev’s tweet.
The market capitalization tells the full story. CASHCAT tapped a $150 million market cap but saw a drop back to about $120 million. The current consolidation around a $124 million market cap indicates neutral momentum, with some analysts targeting a $1 billion market cap if buying continues.
CASHCAT Memecoin – CoinMarketCap Where CASHCAT Is Actually Trading CASHCAT is currently available to buy on Uniswap V3, via Robinhood, MEXC, Hibt, PancakeSwap, and Meteora DAMM.
Pump.fun also announced that Robinhood tokens are now available to trade on the Pumpfun app, just a day after Tenev’s post. The update eliminates friction for new investors and gives access without bridging.
What CASHCAT’s Surge Means for Memecoin Market CASHCAT isn’t a native Robinhood launch. It is a memecoin that has taken Robinhood’s brand and received endorsement by the CEO.
The question of whether CASHCAT’s meme coin will hold its market cap or will retrace dramatically is insignificant when compared to what this week has shown: Robinhood Chain can push memecoin momentum, and this breakout story can lead to more volume coming into Solana memecoins.
If you want to find projects early, take a look at our best crypto presales page.
Ripple’s landmark five-year sports sponsorship with the University of Kansas may have delighted XRP enthusiasts, but not everyone within the cryptocurrency community is buying the hype.
Zach Rynes, who is widely known as the Chainlink community lead, took to social media to slam what he perceives as a rather desperate marketing stunt.
He believes that there is a disconnect between Ripple’s corporate actions and the retail investors holding its native token.
HOT Stories
As reported by U.Today, Ripple recently announced that the XRP logo will be prominently featured on the uniforms of the Kansas Jayhawks' football and basketball programs.
In response to the announcement, Ripple CEO Brad Garlinghouse celebrated it as a "rare moment where my professional and personal worlds collide."
Sponsoring sports vs. selling softwareAccording to Rynes, a sports marketing campaign focused on retail investors would be entirely illogical for a company that ostensibly offers payments software to institutions.
"Sponsoring a college sports program with the XRP logo on the jersey doesn’t make much sense if you think Ripple’s primary business is selling financial technology to banks," Rynes asserted.
You Might Also Like
Instead, the Chainlink community lead posited that the marketing push is meant to appease the retail buyers of the "bank-themed meme coin." "But it makes perfect sense when you understand Ripple is really in the business of selling a premined, bank-themed memecoin to retail," he stated.
Rynes further claims that Ripple uses its massive escrow holdings of XRP to enrich its internal equity holders.
According to Rynes, Ripple executes these "coins they sell to fund corporate acquisitions and equity buybacks of Ripple Labs stock, building enterprise value for the sole benefit of shareholders at the direct expense of token holders."
He further claimed that the firm’s software delivery and other operational units pale in comparison to the revenue generated by unloading tokens onto the open market. "Ripple’s private round valuations are tied to the treasury value of their zero cost basis XRP stash and their ability to extract from it for shareholders, every other business line is a rounding error in comparison," Rynes added.
At the same time, some XRP fans pushed back against the critique by pointing out that LINK is currently sitting in 20th place on CoinMarketCap after previously being viewed as one of the top altcoin competitors.
Haven’t heard a Zach rant against XRP since Link was in 11th spot on market cap on its way to thè flippening https://t.co/Fbin0mH6BB
Just days after $ANSEM ripped to a $400M market cap and reignited the trenches, Solana’s memecoin traders are rotating to crypto newest, shiniest, network.
Off the back of a tweet from CEO Vlad Tenev pledging support and enthusiasm for memes, trading volume has exploded on the recently-launched Robinhood L2.
While traders are racing to bridge funds to the new chain, the unfolding meta is reminiscent of 2025’s BNB Chain season, which struggled to maintain momentum and ended with traders rotating back to Solana DeFi.
Robinhood Memecoin Volumes Challenge Solana Trenches Officially launched on July 1st, Robinhood Chain is starting to gain momentum. After a relatively slow first week, a rogue tweet from CEO Vlad Tenev suggesting that the chain was “great for memes”, opened the floodgates to crypto’s most speculative traders, setting the network’s memecoins on a blistering run.
$CASHCAT, a meme coined after RobinHood’s original name, has captured the vast majority of trader attention and capital flows. After humming along quietly at a market cap of $4-6M all week, Tenev’s tweet sent millions in buy pressure towards the chain’s biggest meme, which soared to an all-time high of $140M in a matter of hours.
As is often the case in the meme economy, one coin’s success comes at another’s peril. Where Robinhood’s $CASHCAT gained $100M in FDV, Solana’s $ANSEM has lost ~28%, tumbling from highs of $428M to currently exchange hands at a market cap of $278M.
But for all the attention and liquidity moving to Robinhood chain, Solana still holds a comfortable lead on its newest challenger. Onchain data suggests that where RobinHood has recorded over $405M in 24-hour trading volume, Solana still reigns supreme, with its memecoin sector capturing over $440M in the same timespan.
That being said, Robinhood chain is growing at an impressive trajectory. Of 91,000 active addresses, over 50,000 accounts are new wallets, suggesting a strong mix of new and returning users.
For all the talk of cross-chain rivalries, the Solana community has embraced the prospect of fertile new ground for trading. Pump.fun, Solana’s viral launchpad and trading platform has wasted no time integrating Robinhood chain, evidently eager to offer the emerging network to its users.
Is Robinhood Season Different from 2025’s BNB Week? With Robinhood chain stealing mindshare and attention from Solana’s onchain economy, traders are not yet convinced that today’s influx of activity will transform into an enduring ecosystem.
This is hardly the first instance of traders rotating liquidity to rival chains to chase emerging metas. In October 2025, BNB Chain briefly became the center of memecoin trading activity, before traders eventually bridged funds back to Solana as the meta lost momentum.
While still in the early days, Robinhood offers little that would differentiate itself from rival chains at a technical level. However, the chain arguably benefits from the TradFi platform’s immense Web2 distribution, and could see emerging coins expedited to a listing on Robinhood’s principal exchange.
Read More on SolanaFloor Helius and Kiln come under fire for allegedly enabling backrunning bots
Ecosystem Leaders Push Back on Criticism over “Private Inclusion” Lanes
Former New York Governor Andrew Cuomo advocated on Tuesday for clear ethics guidelines in the cryptocurrency legislation amid mounting controversy over President Donald Trump’s cryptocurrency earnings.
Cuomo Bats For Ethical GuardrailsDuring an interview with Bloomberg TV, Cuomo was asked to comment on Trump’s disclosure that he earned over $1 billion through cryptocurrency ventures in the first year of his presidency.
Cuomo admitted that “public cynicism” is very high in the U.S., especially at the federal level.
“I would hope they build in full disclosure and clear ethics guidelines so the public knows they’re not benefiting themselves by their actions,” he added.
Why Only Crypto, Cuomo AsksCuomo said the legislation should clearly define the “allowable participation” of all officials in the industry, at both the federal and state levels.
He argued that the issue is “much bigger,” turning to sitting legislators who trade in stocks.
“They’re making the laws. They know what law they’re going to pass or may pass. They can foresee the consequences of that law,” Cuomo stated. “Should they then be allowed to trade on those rules?”
Will Trump’s Involvement Derail Crypto Bill?Sen. Elizabeth Warren (D-Mass.) has been one of the fiercest critics and opposed the Clarity Act for its failure to tackle conflicts of interest arising from Trump and his family’s involvement in cryptocurrency ventures.
The ethics provisions—designed to prevent elected officials and senior government leaders from profiting from crypto businesses—remain a key sticking point.
David Nage, portfolio manager at Arca, said last month that Senate Democrats are unlikely to provide the votes necessary to clear the chamber’s 60-vote threshold without stronger ethics safeguards.
The White House signaled it might accept ethics provisions as long as they apply broadly to all officials and don’t specifically target the president and vice president.
Photo Courtesy: lev radin on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Cashcat (CASHCAT), a memecoin based on Robinhood Chain, experienced one of the most remarkable surges in the cryptocurrency market today. The token, which gained significant momentum in the last 24 hours, increased its price by over 1,900%, surpassing the $0.13 level. According to CoinMarketCap data, CASHCAT was trading at approximately $0.134 at the time of writing, with a market capitalization of around $134 million.
The token’s upward movement gained momentum in the early hours of July 8th. According to market assessments, this sharp rally is driven by the project’s association with the Robinhood brand and speculation that it may be listed on the platform in the future. The Robinhood connection, in particular, was heavily discussed on social media and community channels, quickly increasing interest in memecoin.
In the cryptocurrency market, memecoins are often driven more by community interest, social media influence, and speculative expectations than by fundamental data. The rise of CASHCAT stands out as a recent example of this dynamic. The token’s value increasing by up to 16 times in a single day has attracted the attention of short-term traders, but it also brings with it the risk of high volatility.
CASHCAT, whose market value quickly surpassed $100 million, joined the ranks of projects that attracted rapid capital inflow despite having a low starting level. However, experts remind us that such sudden price movements may not be permanent and that rallies in the memecoin market often end in sharp corrections.
Analysts emphasize that expectations regarding a potential Robinhood listing are a key factor in CASHCAT’s performance, but such expectations are not yet officially confirmed. Therefore, investors should carefully consider liquidity, trading volume, project structure, and potential correction risks before getting carried away by the excitement generated by the strong rally.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
BonkDAO—the entity managing aspects of the BONK memecoin ecosystem on Solana—has confirmed the loss of roughly $20 million worth of BONK tokens from its treasury. The incident stemmed from a malicious governance proposal that successfully authorized the transfer of funds to an attacker-controlled wallet.
According to BonkDAO’s official statement, the attack exploited the DAO’s voting system rather than any underlying smart contract flaw.
The perpetrator reportedly accumulated sufficient BONK tokens—estimated around $4 million worth—through purchases on exchanges in the lead-up to the vote.
This allowed them to secure enough voting power in the token-weighted governance framework on Solana’s Realms platform to push through the proposal.
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is…
— BONK!!! (@bonk_inu) July 6, 2026
The measure reportedly passed with minimal participation, highlighting how low voter turnout and quorum thresholds can enable such exploits.
BonkDAO investigators traced the attacker’s activity to specific exchange wallets used for the pre-proposal token acquisitions.
The stolen tokens, totaling approximately 4.426 trillion BONK at the time, began moving toward centralized exchanges shortly after the proposal executed.
In response, platforms such as South Korea’s Upbit temporarily halted BONK deposits and withdrawals to mitigate further risks.
The DAO has taken swift action by notifying law enforcement and actively collaborating with exchanges, bridges, the Solana Foundation, and other relevant parties.
The goal is to recover the funds, freeze assets where possible, and identify those responsible.
While recovery efforts are ongoing, the immediate market reaction saw the BONK token decline sharply—reports indicated drops of 8% to over 9% in the hours following the announcement.
This event adds to a growing list of governance-related incidents in the crypto space, where attackers leverage economic power rather than technical exploits.
Token-weighted voting systems, common in many DAOs, can become susceptible when a single actor or coordinated group amasses a critical mass of governance tokens at a relatively low cost, especially amid apathetic participation from token holders.
The BonkDAO case underscores the need for stronger safeguards, such as higher quorum requirements, time delays on proposal execution, or hybrid governance models that incorporate reputation or multisig oversight.
BONK, launched on Solana in late 2022 as a community-driven memecoin with a notable airdrop, has positioned itself among more established projects in its category, even appearing in certain investment products.
The treasury drain represents a material setback for the ecosystem’s decentralized governance arm, potentially affecting community initiatives and development funding managed by BonkDAO.
As investigations continue, the incident serves as yet another concerning reminder of the evolving security landscape in decentralized finance and governance. Projects and communities are increasingly urged to audit voting mechanisms, encourage broader participation, and implement protective measures against economic attacks that bypass traditional code vulnerabilities.
