Solana memecoin launchpad and one of Solana’s largest consumer crypto applications Pump.fun, has officially expanded beyond the Solana ecosystem. The platform now supports trading on Ethereum, Base, BNB Chain, and other EVM-compatible networks.
The update represents one of the most significant strategic shifts in the platform’s history. Until now, Pump.fun operated primarily as a Solana-native memecoin launchpad and trading venue. Its rapid growth helped fuel Solana’s memecoin economy throughout 2024 and 2025. With the latest release, users can trade assets across multiple chains while continuing to use $SOL as their trading currency. Pump.fun says users will not need to bridge assets or hold native gas tokens for supported EVM networks.
In its announcement post, Pump.fun described the update as “frictionless multichain trading.”
The platform outlined several new features, including a single wallet that trades across multiple chains, no requirement for manual bridging, no need to hold native gas assets like $ETH or $BNB, sponsored gas fees, and automatic multichain wallet generation for users.
The application framed the expansion as an effort to simplify access to opportunities across multiple ecosystems while maintaining a unified user experience.
Shortly after the announcement, Pump.fun co-founder Alon commented on the launch. He described the expansion as “another step towards making the pump fun app the greatest place to trench on the go!”
Mixed Reaction from Community Community reaction to the announcement quickly spread across crypto social media. Some users responded positively, especially because the feature removes several common pain points associated with cross-chain trading. One trader wrote, “I can’t believe I’m saying this, but good update.”
Crypto analyst @jussy_world described the feature as “cool,” particularly because users can buy Ethereum-based memecoins using $SOL.
However, the analyst also expressed skepticism about the long-term business impact of multichain expansion. He argued that other crypto products that expanded beyond Solana still derived most of their revenue from Solana activity. Referencing Phantom Wallet as an example, he stated, “96% of all revenue still comes from Solana and only 4% other chains.”
Other users compared the update to the growing popularity of Fomo, a social trading platform focused on simplifying token discovery and cross-chain trading. Several reactions directly referenced that comparison. One social media user said, “Just like the $USDC option, this is 100% because of the FOMO app.”
Another post read: “pump fun is the new fomo app.”
The comparison reflects a broader trend in crypto product design. Applications increasingly compete on simplicity, social discovery, and ease of execution rather than purely on blockchain loyalty.
The comparisons to Fomo did not emerge randomly. Fomo has gained attention by making token trading across Solana, Base, and BNB Chain feel more like a social application than a traditional crypto interface. Users can follow traders, monitor purchases in real time, and buy trending assets quickly through simplified payment methods. The application aims to reduce many of crypto’s traditional barriers, including wallet setup complexity, bridging friction, and gas management.
Pump.fun’s latest update appears to move in a similar direction. By allowing users to trade across chains without manually bridging funds or acquiring native gas tokens, Pump.fun removes several technical steps that often discourage casual participants. The platform’s decision to sponsor gas fees further reinforces this shift toward abstraction and convenience.
A Debate Around Solana’s Long-Term Value While some traders welcomed the update, others questioned what the move means for Solana itself. Popular trader and analyst CryptoKaleo asked, “What is the primary bull case for Solana now with pump fun opening the doors to EVM chains & USDC?”
The question reflects a broader debate that has intensified in recent weeks. Earlier this month, Pump.fun announced plans to introduce $USDC pairings for newly launched tokens. Previously, the platform heavily relied on $SOL-based liquidity pools.
Critics of the new $USDC pairing model argued that shifting away from $SOL-based liquidity could weaken one of the ecosystem’s strongest structural demand drivers. The multichain expansion has now added another layer to that discussion. Some traders believe Pump.fun is increasingly positioning itself as a chain-agnostic trading platform rather than as a product deeply tied to Solana’s long-term success.
Others argue that the move could ultimately strengthen Solana by expanding the reach and influence of one of its largest applications. The debate eventually drew responses from larger industry figures. Solana co-founder Anatoly Yakovenko had previously pushed back against claims that Pump.fun’s optional $USDC pairings were “extremely bearish” for Solana. Responding to criticism on social media, Yakovenko argued that using $SOL as a currency is “generally net zero” because the asset is bought, spent, and eventually sold.
He also challenged the idea that liquidity pools permanently remove meaningful amounts of $SOL from circulation. He added that at scale, the denomination of liquidity matters less than the depth and activity of the ecosystem itself, whether liquidity is held in $USDC, $BTC, or $SOL
After users questioned Solana’s long-term value proposition, Zach Pandl, Grayscale’s Head of Research, replied, “Solana is the leading high-performance blockchain.”
That argument continues to represent one of Solana’s core narratives. Even as applications expand across chains, supporters maintain that Solana still offers advantages in transaction throughput, execution speed, and retail trading activity.
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Collector Crypt Hits $1B Volume as Solana’s Trading Card Frenzy Accelerates
wCrypto loves resurrection stories, and Wormhole is suddenly trying to audition for one. Its not up yet, but it could be in future. After spending most of 2026 looking like a token trapped in permanent hibernation, W token is getting fresh attention because Ripple’s RLUSD stablecoin is now moving across multiple blockchains through Wormhole’s Native Token Transfers (NTT) standard announced just today.
RLUSD Isn’t Another Meme-DollarThe announcement matters because RLUSD is being pitched as an institutional-grade product, not a retail yield gimmick. According to the disclosed details, the stablecoin is backed 1:1 to the US dollar, issued by Standard Custody under New York DFS oversight, and subject to monthly reserve attestations by an independent U.S.-licensed CPA.
The more interesting piece is the transport layer. Traditional cross-chain moves often rely on wrapped representations that create fragmentation and additional trust assumptions. Wormhole says RLUSD will move natively across ecosystems using NTT, preserving issuer control and compliance features instead of creating wrapped copies.
The Infrastructure Numbers Suddenly Matter AgainMetricFigure disclosed by WormholeCumulative cross-chain volume$70B+Cross-chain messages processed1B+Assets supported100+Connected chains40+That’s the sales pitch: RLUSD joins an existing network that already claims substantial throughput and asset coverage. If institutions actually care about moving compliant dollars across multiple chains for payments, tokenization, and treasury operations, those metrics become more than marketing decoration.
Can The W Token Wake Up?The chart, however, remains brutal. On the weekly timeframe, W has been in a prolonged downtrend and has shown little momentum through most of 2026. This news doesn’t magically erase that history.
Still, if RLUSD activity translates into real usage of Wormhole infrastructure, demand for the ecosystem could improve. The technical level traders are watching is $0.05107. A decisive move above that resistance would be the first meaningful signal that the market is willing to price in a recovery. Beyond that, the longer-term upside markers sit around $0.18881 and $0.51268.
In other words: the infrastructure story just improved materially, but the Wormhole token (W) still has to prove it’s more than a dead asset.
Story Ends Here
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A tokenized fund that only lives on one chain is a closed-loop product. Capital sits wherever the vault was deployed. Investors need to be on that exact chain. DeFi integrations are limited to what's available within that ecosystem.
Distribution to any chain is not a feature. It's a requirement. Institutional allocators operate across chains. DeFi protocols launch where liquidity concentrates. A fund that can't follow capital where it moves will always be constrained by the deployment decisions made on day one or the operational complexities.
The async settlement model from part 3 is what makes this possible. Cross-chain round-trips become normal steps in the request lifecycle rather than blockers.
Hub-and-spoke: one source of truthCentrifuge implements multichain through a hub-and-spoke architecture. A single hub chain holds the authoritative state: pool accounting, NAV calculations, pricing, and permission management. Spoke chains are distribution endpoints where share tokens and vaults accept local payment assets.
A fund manager operates one pool. Investors on Base, Arbitrum, Ethereum mainnet, or any other supported chain interact with local vaults. The hub reconciles everything: share prices, balances, investment and redemption flows. No per-chain bookkeeping. No reconciliation across isolated deployments.
The architecture abstracts away the complexity of each individual chain. A builder or fund manager doesn't need to understand the gas model, finality characteristics, or bridging quirks of every chain. They interact with a single pool, and the protocol handles the translation.
A tokenized asset can be deployed to any number of chains in a single action. Each new spoke is provisioned automatically with share tokens, escrows, and vault contracts.
The cost argument is fadingThe standard objection to multichain distribution is overhead: bridging costs gas, takes time, and introduces risk. These concerns were valid. With L2 gas fees measured in fractions of a cent and relay costs falling as providers compete, the overhead is shrinking with every rollup upgrade.
Cross-chain messaging is commoditizing. Multiple providers (Axelar, LayerZero, Wormhole, Chainlink CCIP) compete on cost and speed. Rollup economics continue to push gas costs down. Fast finality on L2s shrinks confirmation windows.
The real cost is not being multichain: fragmented liquidity, missed integrations, and the operational burden of managing isolated deployments.
Multi-adapter securityMultichain architectures are only as reliable as the bridge they depend on. Centrifuge doesn't depend on one.
Each chain connects to multiple interoperability providers through adapters. Each cross-chain message can be verified by multiple independent proofs from different providers. This was designed from the first deployment.
Adapters are modular. Pool deployers select which providers to use and can add new ones as the interoperability landscape evolves. If a new provider offers better cost or speed, it can be integrated without redeploying the vault infrastructure.
If an adapter is temporarily unavailable, messages can still be confirmed by the remaining providers. Pools configured with a confirmation threshold lower than the total number of adapters maintain liveness as long as enough adapters are operational to meet the threshold.
Automatic batchingCross-chain messaging has a per-message cost: relay fees, proof verification, destination gas. For a vault processing dozens of requests across multiple chains, per-request messaging gets expensive fast.
Centrifuge batches automatically. Multiple cross-chain messages are grouped into a single payload with a single set of proofs. A day's worth of deposit fulfillments, share transfers, and price updates can settle in one batched transaction rather than dozens of individual relays.
Batching is nestable. Multiple contracts can compose operations within the same batch without worrying about whether a sub-call already started its own. The protocol tracks nesting depth and only sends when the outermost batch completes. For builders, the interface stays the same whether the vault serves 5 investors or 5,000.
Messages for the same pool and chain are collected into a single payload. Different pools or chains produce separate batches. Without batching: 7 messages x relay fee = 7x cost. With batching: 1 message x relay fee = 1x cost.Cost estimates and gas subsidiesCross-chain operations have variable costs. Builders and managers need to know what an operation will cost before committing to it. Every adapter provides an estimate function that returns the expected cost of a cross-chain message based on current conditions, so managers can budget accurately and builders can surface costs to users.
For institutional investors, holding native gas tokens on every chain just to pay for vault interactions is an operational burden. Centrifuge solves this with gas subsidies. Each pool has a dedicated escrow that managers can fund with native tokens. Cross-chain gas costs are drawn from the escrow, so investors interact with vaults using only their deposit asset.
If a message is sent without sufficient gas the protocol queues it and anyone can fund it later. Cross-chain operations are resilient to temporary gas gaps rather than failing permanently.
Distribution is the productThe value of a tokenized fund is significantly impacted by where it can be accessed. A treasury fund on Ethereum mainnet that's also available on Base, Arbitrum, and Optimism doesn't just reach more investors. It becomes eligible for more DeFi integrations, more protocol treasuries, more automated strategies.
Centrifuge's multichain architecture makes distribution a single deployment step, not a multi-month engineering project. A fund manager clicks once, and a new spoke is provisioned with share tokens, escrows, and vault contracts on the target chain. The hub handles cross-chain accounting and settlement automatically. Adding a tenth chain works the same as adding the second. Builders integrate with a standard vault interface on whichever chain their users are on.
Multichain operations also need multichain observability. Centrifugescan is the first cross-chain explorer built for tokenized assets. Rather than checking five different block explorers, managers and builders track cross-chain message lifecycle, investment flows, and vault state across every spoke in a single view.
Centrifuge is currently available on Ethereum, Base, Arbitrum, Solana, Stellar, BNB Chain, Avalanche, Plume, Optimism, Hyperliquid, Monad and Pharos.
The crypto industry is going through one of the worst bear markets since the 2017 bull run. One of the reasons often cited for this is the non-existence of fiat on-ramps and the complicated user experience (UX) of most crypto products. Mass adoption has become the holy grail for developers.
Plutus is one of the players in the industry that has been silently working on solving these problems and taking crypto to the masses. They have been developing solutions that solve all the major pain points of a crypto user today. With the aim of becoming a bridge between the Fiat and Crypto markets, they have imbibed the best of both worlds.
Founded by an experienced team with over 40 years of combined experience behind them, Plutus has positioned itself to become one of the biggest crypto players in the market in 2020. Plutus allows members to manage, exchange, spend and earn assets; all under one intuitive application.
“In 2015, we were the first to announce our plans to bridge the gap between crypto and fiat in the real world. After much anticipation, we have now developed a technology that is better than a Bank.” Added Danial Daychopan, CEO and Founder of Plutus.
Instant Current AccountPlutus enables users to rapidly create an account with a sort code and account number, or a European IBAN depending on your location. Users just need to sign up on their website, an easy process compared to visiting a bank and completing all their formalities. This can be done from anywhere in the European Economic Area in under two minutes. Users can then deposit money into this account and spend as they wish.
Cryptocurrency WalletPlutus members can then attach their own cryptocurrency wallet to their account and manage their crypto assets from the same interface. This provides a non-custodial and convenient way of managing both crypto and fiat in one place.
Decentralized ExchangeThe application includes a built-in peer-to-peer exchange for converting cryptocurrencies and fiat. Plutus members can seamlessly convert between crypto and fiat pairs including Bitcoin, Ethereum, Pluton and fiat currencies like GBP or Euros.
Plutus Debit CardSpending cryptocurrencies has always been a challenge, however, by tying the exchange to a Visa debit card, members can make practical use of their cryptocurrencies. With the Plutus Debit Card, a member can convert their crypto tokens into fiat and spend it online or in physical shops. The Plutus Card is accepted at over 400 million merchants which helps to integrate crypto into everyday payments.
RewardsPlutus provides up to 3% of every purchase back as a reward in their own token, Pluton (PLU). Pluton is a loyalty token based on the Ethereum blockchain. The more you use the Plutus Card, the more rewards you receive – just like your frequent flier miles.
Secure Trading ExperiencePlutus provides an escrow service that temporarily holds the buyer’s fiat funds until the crypto transaction is completed, the funds are then transferred to the seller of crypto. For crypto transactions, being a decentralised platform means Plutus never takes custody of the tokens in the first place. This makes the entire platform secure from prying eyes and hackers.
Easy to use UXPlutus provides these facilities on desktop and a mobile app available on Apple and Android markets. Its clean and minimalistic user interface makes it appealing to new entrants in the crypto market while the powerful features attract the veterans.
Conclusion
Plutus provides a convenient way of managing both crypto and fiat in one user-friendly application. The built-in exchange allows users to conveniently convert their assets; and by linking this to a Visa debit card, members can spend their converted cryptocurrency anywhere in the world. These features help people integrate cryptocurrencies into everyday activities and the ease-of-use is especially attractive for those who don’t have the time to learn the ropes of the crypto industry.
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Author
Ishan Garg Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.
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In 1981, American Airlines’ launched their Frequent Flier Programme which is often regarded as the first full-scale loyalty programme of the modern era. As technology evolved, loyalty programmes progressed into a data-grabbing tool for brands, masked under marketing as “beneficial perks” for the shopper.
Despite this, over half of customers rated rewards as important for both big-ticket, and small, habitual purchases according to a recent research study by Wirecard. With this in mind, it is highly important for brands to retain their customers through additional incentives; especially given the increasingly saturated retail markets.
A New Wave of Loyalty Programmes
One company breaking the mould is Plutus, a London based FinTech startup who has just unveiled its plan for an innovative and lucrative rewards programme. The company currently offers a finance app that allows users to manage/convert/spend both crypto and fiat from a single interface in what they claim to be “Better than a Bank”
Plutus introduced the world’s first decentralised loyalty token and their recent announcement focuses on multiple new use cases for the innovative rewards. What does this mean exactly? Traditional centralised loyalty reward programmes have always been fixed to specific stores, meaning there are a limited number of opportunities to earn rewards. Plutus, however, has fixed their loyalty programme to a Visa Debit Card, meaning you can earn rewards at over 400 million merchants (online and in-store) across the world. Anywhere that Visa is accepted, you can earn crypto back as loyalty rewards.
The loyalty rewards are a cryptocurrency token called Pluton (PLU). Every time a user spends with their Plutus Card they will earn up to 3% of the purchase back in PLU.
What Can you do with these PLU? Why is it so Groundbreaking?
A company press release recently outlined a number of new use-cases for the token which sets it apart from any other loyalty programme.
Firstly, being decentralised not only means that the token can be earnt anywhere, but it also means it can be transferred to other people. Traditional loyalty programmes like Nectar points are stuck on a single account; PLU, on the other hand, can be sent to friends or family on the blockchain.
Secondly, being decentralised means that it carries its own fiat value determined by external markets. Plutus members can convert their earnt PLU into additional fiat to continue spending anywhere in the world. Plutus has integrated a decentralised exchange into its platform to make converting PLU into spendable currency as easy as possible.
However, the most astonishing reveal was the introduction of additional cashback on top of the 3% cryptoback (PLU). Plutus has formed affiliate partnerships with internationally known, billion-dollar companies to offer cashback to Plutus Members spending with their Plutus Card.
This means that every qualified member will stand a chance earning double rewards; a 3% cryptoback reward in PLU and a % cashback reward in their local currency loaded straight into their Plutus account. So far the team has only revealed two of the affiliate partners but these are two of the largest travel and accommodation giants in the world, Airbnb and Skyscanner.
The CEO & Founder of Plutus commented:
“Our members will now be able to tap into the colossal online marketplace of Airbnb and Skyscanner. These are key partnerships that’ll enable us to offer double-dip rewards, both cryptoback and cashback”.
Innovation and Future Plans
As the loyalty rewards sector continues to grow, we continue to see different forms of innovation; and cash-back on top of crypto-back is certainly something new to emerge. According to the Plutus team, there are more transformative features scheduled for release that will significantly elevate their position in the market. The product has had a strong entry into 2020, and it puts themselves on the map for a strong year ahead in the crypto card game.
If you haven’t already, you can read the full list of use-cases for the Pluton token here.
Plutus became a pioneer in on-chain integrated finance as the first to tokenize RWAs (real-world assets) through on-chain loyalty rewards with Pluton (PLU) in 2015. Since its introduction during the early era of blockchain, PLU has continued to provide on-chain utility and has rewarded over $58 million in in-app savings over the past decade.
Today, Plutus announces the go-live of PLUS More – a new, timeless addition for PLU stackers seeking to maximize savings on their spending with the Plutus Card.
Built on Base, the Ethereum layer-two incubated by Coinbase, PLUS More marks a new chapter in the evolution of traditional rewards, bringing them into the open, permissionless world of DeFi (decentralized finance).
It redefines how loyalty value is earned, owned and used – all on-chain.
PLUS More is more than a rewards system – it’s a movement.
One that shifts control from corporations to consumers, from closed ecosystems to open infrastructure and replaces forgettable points with tokens designed for practical use.
From points to protocols – Loyalty rewired Every year, billions in loyalty rewards, from airline miles to cashback, go unclaimed.
Traditional loyalty systems are fragmented, hard to track and nearly impossible to transfer – they’re broken.
PLUS More redefines loyalty by transforming these legacy models into interoperable, self-custodied tokens, usable across the Plutus app and beyond.
To start, Plutus Card customers in the UK and EU will be able to tokenize their rewards in-app and request payouts on the Base network, pending the approval of relevant licensing, which is currently in progress.
Once licensing under MiCA and the UK FCA is in place, PLUS token holders will also be able to access a growing marketplace of partner perks, travel discounts and digital gift cards – all powered by smart contracts on Base.
This ecosystem will be supported by FUEL, a new on-chain network fee (similar to GAS on Ethereum), launching alongside the PLUS token.
FUEL is designed to keep the system sustainable over time by recycling rewards back to customers instead of minting new tokens.
To see full details on PLUS More, click here.
From launching the first tokenized loyalty rewards a decade ago to building a scalable rewards infrastructure across the UK and EU, Plutus is the most experienced player to innovate and lead the next wave of real-world on-chain utility.
With a sustainable loyalty system for everyday use, FUEL and RaaS (rewards-as-a-service), Plutus is now primed for expansion – making a future US launch possible.
Through RaaS, businesses can connect to the PLUS More network and launch their own branded loyalty programs, driving growth while giving their customers greater control and real-world utility from rewards.
All of this is built on Base.
To read more from Danial Daychopan, founder and CEO of Plutus, click here.
What’s next The PLUS More network is now live on Base. Currently, rewards are issued as in-app points and are not available on-chain, with tokens being non-transferable.
Distribution to eligible Plutus cardholders will begin once licensing approval is granted.
Additional features, including expanded RaaS capabilities for brand partners, are under development and will be launched once licensing is secured.
Visit here for full details.
About Plutus Plutus pioneered the tokenisation of RWAs in 2015 with the launch of Pluton (PLU), the world’s first on-chain loyalty rewards token.
Since then, it has reshaped everyday spending – delivering over $58 million in savings and real crypto rewards to customers.
Today, Plutus unveils its biggest leap forward – PLUS More, a next-generation on-chain rewards system offering a minimum of three percent back on card spend with the Plutus Card, empowering customers and PLU stackers with real savings, true ownership and on-chain utility.
For media inquiries, partnerships or ecosystem integrations, users may contact Plutus below.
[PRESS RELEASE – London, United Kingdom, May 13th, 2025]
Plutus became a pioneer in on-chain integrated finance as the first to tokenise real-world assets (RWA) through on-chain loyalty rewards with Pluton (PLU) in 2015. Since its introduction during the early era of blockchain, PLU has continued to provide on-chain utility and has rewarded over $58M in in-app savings over the past decade. Today, Plutus announces the go-live of PLUS More—a new, timeless addition for PLU stackers seeking to maximise savings on their spending with the Plutus Card.
Built on Base, the Ethereum Layer 2 incubated by Coinbase, PLUS More marks a new chapter in the evolution of traditional rewards, bringing them into the open, permissionless world of decentralised finance. It redefines how loyalty value is earned, owned, and used—all on-chain.
PLUS More is more than a rewards system — it’s a movement.
One that shifts control from corporations to consumers, from closed ecosystems to open infrastructure, and replaces forgettable points with tokens designed for practical use.
From Points to Protocols: Loyalty, Rewired
Every year, billions in loyalty rewards, from airline miles to cashback, go unclaimed. Traditional loyalty systems are fragmented, hard to track, and nearly impossible to transfer — they’re broken. PLUS More redefines loyalty by transforming these legacy models into interoperable, self-custodied tokens, usable across the Plutus app and beyond.
To start, Plutus Card customers in the UK & EU will be able to tokenise their rewards in-app and request payouts on the Base network, pending the approval of relevant licensing, which is currently in progress. Once licensing under MiCA and the UK FCA is in place, PLUS token holders will also be able to access a growing marketplace of partner perks, travel discounts, and digital gift cards, all powered by smart contracts on Base.
This ecosystem will be supported by FUEL, a new on-chain network fee (similar to GAS on Ethereum), launching alongside the PLUS token. FUEL is designed to keep the system sustainable over time by recycling rewards back to customers instead of minting new tokens.
To see full details: PLUS More
https://youtu.be/IbR49AlmX7c?si=i8uIZNTmprsUfwJd
From launching the first tokenised loyalty rewards a decade ago to building a scalable rewards infrastructure across the UK and EU, Plutus is the most experienced player to innovate and lead the next wave of real-world on-chain utility. With a sustainable loyalty system for everyday use, FUEL, and Rewards-as-a-Service (RaaS), Plutus is now primed for expansion—making a future US launch possible.
Through RaaS, businesses can connect to the PLUS More network and launch their own branded loyalty programs, driving growth while giving their customers greater control and real-world utility from rewards.
All of this is built on Base.
To Read more from Founder & CEO, Danial Daychopan:
What’s Next
The PLUS More network is now live on Base. Currently, rewards are issued as in-app points and are not available on-chain, with tokens being non-transferable. Distribution to eligible Plutus Cardholders will begin once licensing approval is granted. Additional features, including expanded RaaS capabilities for brand partners, are under development and will be launched once licensing is secured: Full Details.
About Plutus
Plutus pioneered the tokenisation of real-world assets (RWA) in 2015 with the launch of Pluton (PLU), the world’s first on-chain loyalty rewards token. Since then, it has reshaped everyday spending—delivering over $58M in savings and real crypto rewards to customers. Today, Plutus unveils its biggest leap forward: PLUS More, a next-generation on-chain rewards system offering a minimum of 3% back on card spend with the Plutus Card, empowering customers and PLU stackers with real savings, true ownership, and on-chain utility.
For media inquiries, partnerships, or ecosystem integrations, users may contact:
Quick Answer: Milady Meme Coin (LADYS) is trading near $0.0000000076–$0.0000000100 as of May 2026, down approximately 99.8% from its all-time high of approximately $0.0000052 set in May 2023 when Elon Musk posted a Milady-themed image. Analyst forecasts for 2026 range from $0.0000000141 (Changelly conservative) to $0.000000456 (BitScreener bull case). For 2030, projections span from $0.0000000652 (Changelly base) to $0.000007 (StealthEx extreme bull). The only real price driver for LADYS is meme virality — specifically, any Elon Musk social media activity referencing the Milady NFT aesthetic.
Key Takeaways:
LADYS has a total supply of 888 trillion tokens — one of the largest supplies in crypto, permanently capping nominal price The token’s only confirmed price catalyst is social media virality, particularly Elon Musk-adjacent content LADYS bridges between Ethereum and Arbitrum via a zero-protocol-fee bridge — cross-chain liquidity exists DWF Labs’ Liquid Markets listed LADYS/USDT in March 2024, giving the token OTC institutional access All 2030 forecasts remain far below the 2023 ATH; no model projects a new ATH before 2030 Milady Meme Coin launched in May 2023 as a tribute to the Milady Maker NFT collection — one of the most culturally significant but divisive NFT projects in crypto history. LADYS had zero utility at launch, zero team, zero roadmap, and zero whitepaper. It explicitly described itself on its own website as a token “only for fun.” Yet within days of launch, Elon Musk posted a Milady-themed image on Twitter/X, and LADYS surged to $0.0000052 — a roughly 200x gain in under 72 hours. That event defines everything about how to interpret LADYS price forecasts: the token’s price is entirely determined by viral moments, not development milestones.
What Is Milady Meme Coin (LADYS)? Milady Meme Coin is an ERC-20 meme token on Ethereum, inspired by the Milady Maker NFT collection created by the artist group Remilia Corporation. It launched in May 2023 as a community-driven token with no founding team, no utility, and no development roadmap. The token is explicitly described by its creators as “for fun” — a pure cultural artifact.
Despite its zero-utility origin, LADYS developed one structural feature: a zero-protocol-fee bridge connecting Ethereum and Arbitrum, launched in May 2023, enabling holders to move LADYS between chains without paying bridge fees beyond standard gas costs. This multi-chain capability was the token’s first and only technical development.
LADYS has a fixed total supply of 888 trillion tokens — a number chosen for cultural resonance with crypto’s fondness for repeating digits. The 888 trillion supply is the defining constraint on any price prediction: at current prices, a return to the 2023 ATH of $0.0000052 would require a fully diluted market cap of approximately $4.6 trillion. For reference, the entire global crypto market cap in May 2026 is approximately $3.5 trillion.
According to CoinMarketCap, LADYS ranks outside the top 1,000 cryptocurrencies by market cap, with a market capitalization near $6–9 million as of May 2026.
How Does LADYS Compare to Other Meme Coins? LADYS is one of the purest meme coins in existence — no utility, no team, no roadmap — making it useful to compare against other meme coins by the metrics that actually matter for this category.
TokenTotal SupplyMarket CapAll-Time HighPrimary CatalystLADYS888 trillion~$7M$0.0000052Elon Musk tweet (2023)SHIB589 trillion~$6.5B$0.000088Vitalik donation + RobinhoodPEPE420 trillion~$3.5B$0.0000274Meme culture cyclesFLOKI9.65 trillion~$600M$0.000345Elon Musk + utility roadmap LADYS has the smallest market cap and lowest sustained liquidity of this group. SHIB and PEPE have developed ecosystems (Shibarium L2, PEPE cultural brand) beyond their origin memes. FLOKI has pivoted toward utility with games and a DEX. LADYS has not developed utility — making it more like the 2021 “pure meme” cohort than the 2024–2025 “meme + utility” tokens.
Milady Meme Coin (LADYS) Price Today and Market Overview MetricValue (May 2026)Price~$0.0000000076–$0.0000000100Market Cap~$6–9M24h Volume~$500K–$2MATH~$0.0000052 (May 2023)ATH Drop~99.8%Total Supply888 trillion LADYS As of May 2026, LADYS is trading near $0.0000000076–$0.0000000100. The token briefly spiked to $0.000000021 in October 2025 and dipped to $0.000000013 the same month — a swing of approximately 60% within a single month — illustrating the extreme volatility characteristic of pure meme tokens.
CoinGecko data shows 47% green days over the past 30 sessions, with price volatility of approximately 20%. The Fear & Greed Index sits near 35 (Extreme Fear), consistent with suppressed meme coin sentiment across the market.
The most important recent institutional development is the DWF Labs Liquid Markets listing of LADYS/USDT alongside JOE, FLOKI, and IOTX in March 2024 — providing OTC trading access that was previously unavailable for a token of this market cap. This represents the closest thing to institutional validation LADYS has received since launch.
CoinCodex’s current technical analysis shows the 50-day SMA at approximately $0.0000000094 and the 200-day SMA declining — both acting as resistance. The RSI is near neutral at 40–45, suggesting the token is in a slow bleed rather than active capitulation. CoinCodex’s model projects LADYS hitting $0.000000025 by year-end 2026 — a roughly 152% gain from current prices — if current trends hold.
LADYS Price Prediction 2026 The key question for 2026 is whether any viral event — a Musk tweet, an NFT culture revival, or a broader meme coin rotation — creates a window of retail attention for LADYS. Without that, models project a gradual drift within a narrow range.
SourceLowHighNotesChangelly$0.0000000141$0.0000000170Conservative; near currentCoinCodex—$0.000000025Year-end +152%DigitalCoinPrice—$0.0000000183Dec 2026 targetSwapSpace$0.00000010$0.00000019Bull case; viral catalyst neededBitScreener—$0.000000456Extreme bull; 2026 ATH scenario Changelly’s $0.0000000141–$0.0000000170 range reflects the floor model — LADYS trading essentially flat or slightly above current levels throughout 2026 with no significant catalyst. CoinCodex’s year-end target of $0.000000025 (+152%) is the base recovery model, projecting a modest appreciation if the broader meme coin market recovers in H2 2026.
SwapSpace’s $0.00000010–$0.00000019 range and BitScreener’s $0.000000456 require a viral event — most plausibly an Elon Musk social media interaction with Milady content. Historically, a single Musk tweet drove LADYS 200x in 72 hours. Even a fraction of that effect in 2026 would push the token far above all base-case forecasts.
LADYS Price Prediction 2027 2027 sits in the prime altcoin window following the 2024 Bitcoin halving. Meme coins historically reach their cycle peaks during this phase — when retail capital has been amplified by Bitcoin gains and rotates into speculative assets.
SourceLowHighChangelly$0.0000000211$0.0000000247CoinCodex$0.0000000175$0.0000000275DigitalCoinPrice—$0.0000010 (+12,131%)BitScreener—$0.000000770 Changelly and CoinCodex maintain gradual appreciation models through 2027, staying near $0.000000025 — meaningful percentage gains from today but nominal prices that remain invisible to most retail investors. DigitalCoinPrice’s $0.0000010 projection represents a +12,131% gain — their model captures a scenario where meme coin mania reaches LADYS during the halving cycle’s peak retail phase in 2027.
BitScreener’s $0.000000770 is the most constructive widely-cited 2027 target, placing LADYS near 10% of its 2023 ATH — achievable if both the halving cycle and a cultural resurgence of the Milady NFT aesthetic coincide.
LADYS Price Prediction 2028 2028 coincides with the next Bitcoin halving — and meme coins have historically produced their largest gains in the immediate aftermath.
SourceLowHighChangelly$0.0000000304$0.0000000370BitScreener$0.000000090$0.000000480 Changelly maintains its conservative trajectory through 2028, projecting LADYS at $0.000000030–$0.000000037. BitScreener’s wide range of $0.000000090–$0.000000480 reflects the binary nature of meme coin price action during halving cycles: either the token captures retail attention and rallies significantly, or it drifts toward irrelevance. The midpoint of BitScreener’s 2028 range — approximately $0.000000285 — would represent a roughly 35x gain from current prices and remains far below the 2023 ATH.
LADYS Price Prediction 2029 SourceLowHighChangelly$0.0000000429$0.0000000530Oriole Insights$0.0000000074$0.000000290 2029 is typically the late bull cycle continuation phase. Changelly’s $0.000000043–$0.000000053 represents a gradual compound of its base trajectory. Oriole Insights’ wide range of $0.0000000074–$0.000000290 captures the full spectrum from continued decline to meaningful recovery. The floor scenario at $0.0000000074 is actually below current prices — a credible outcome if meme coin sentiment does not recover.
LADYS Price Prediction 2030 2030 is the most cited long-term horizon for LADYS holders.
SourceLowHighChangelly$0.0000000629$0.0000000755CoinCodex—$0.000000028BitScreener$0.000000112$0.000000504Oriole Insights$0.0000000074$0.000000171StealthEx—$0.000007 Changelly’s 2030 range of $0.000000063–$0.000000076 is the conservative base — roughly 7–8x from current prices over four years through compounding market appreciation without a major viral catalyst. CoinCodex stays near $0.000000028 — only 3x from today. BitScreener’s $0.000000112–$0.000000504 is the moderate bull case. StealthEx’s extreme bull scenario of $0.000007 by 2030 is the only model projecting LADYS anywhere near its 2023 ATH territory — a scenario requiring sustained Milady NFT cultural relevance through two more Bitcoin cycles and multiple viral social media moments.
At $0.000007, LADYS’s market cap would be approximately $6.2 billion — comparable to mid-tier established meme coins. That outcome requires LADYS to still be culturally relevant in 2030, which is genuinely uncertain given that most meme coins launched in 2023 have already become inactive.
What Drives the Milady Meme Coin (LADYS) Price? Elon Musk social media activity. This is unambiguously the single most important price driver for LADYS. The token’s ATH came within hours of Musk posting a Milady-themed image. Any subsequent Musk activity involving Milady aesthetics — a tweet, a profile picture change, a reference to the NFT collection — has historically produced immediate price spikes. This dependence on a single individual’s social media behavior is a feature, not a bug, of LADYS’s design as a pure cultural token.
Milady Maker NFT collection health. LADYS derives its cultural identity from the Milady Maker NFT collection. When BAYC floor prices recovered in 2023–2024, Milady floor prices recovered proportionally, and LADYS benefited. A sustained recovery in premium NFT floor prices would increase the cultural capital behind the Milady brand and create renewed attention for LADYS.
Bitcoin halving cycles and meme coin rotations. LADYS, like all meme coins, benefits from capital rotation during Bitcoin bull markets. The 2028 halving is the next major trigger. Pure meme coins typically see the most extreme percentage gains in the final phase of altcoin manias — when capital reaches the lowest end of the risk curve.
Token supply dynamics. With 888 trillion tokens in total supply, LADYS’s nominal price is structurally capped at very low levels. Any meaningful price increase requires either a very large market cap or a significant supply burn — neither of which has been announced. The supply structure is both the reason LADYS has retail appeal (very low per-token entry price) and the primary ceiling on its nominal value.
Exchange listings. LADYS is currently listed on KuCoin, Gate.io, and OKX, in addition to DEX platforms. Any new Tier-1 exchange listing — particularly Binance — would dramatically increase visibility, liquidity, and retail access. Conversely, delistings (as happened to several meme coins in 2025–2026) would compress volume and price.
Is Milady Meme Coin (LADYS) a Good Investment? LADYS is one of the purest speculative instruments in cryptocurrency. It has no utility, no development team, no roadmap, and no revenue. Its price is entirely determined by viral social media moments and broader meme coin market cycles. For investors who understand this and size positions accordingly, LADYS near all-time lows represents a micro-cap speculative position with very limited downside (near zero) and binary upside (either a viral catalyst arrives or it doesn’t).
The bear case is straightforward: without a viral catalyst, LADYS drifts toward zero as liquidity concentrates in established meme coins with larger communities and broader exchange access. The token’s 99.8% decline from ATH has already tested the patience of most early holders.
The bull case is equally simple: one Elon Musk post referencing Milady content could produce a 10–100x price move within days. That possibility, while unforecastable, is not implausible given Musk’s documented history with the Milady aesthetic and his ongoing ownership and active use of X (Twitter).
Where to Buy Milady Meme Coin (LADYS) Centralized exchanges (CEX): Binance does not currently list LADYS. KuCoin offers LADYS/USDT with reasonable liquidity for a token of this market cap. Gate.io and OKX also list LADYS/USDT. MEXC lists LADYS as well. DWF Labs Liquid Markets provides LADYS/USDT for OTC traders seeking larger block sizes without impacting spot price.
Decentralized exchanges (DEX): Uniswap (Ethereum) is the primary DEX venue for LADYS, with LADYS/WETH and LADYS/USDC pairs providing the deepest liquidity. Following the 2023 Ethereum-Arbitrum bridge launch, LADYS is also available on Arbitrum-based DEXs including Camelot.
Important note: Always verify the correct LADYS contract address on Ethereum (0x68e3…Milady) via CoinGecko or CoinMarketCap before purchasing. Counterfeit LADYS tokens exist on multiple chains — always cross-reference the official contract before any DEX purchase.
Nothing in this article constitutes financial advice. Meme coin investments carry extreme risk including total loss of capital.
Frequently Asked Questions What is the Milady Meme Coin price prediction? For 2026, models range from $0.0000000141 (Changelly conservative) to $0.000000456 (BitScreener bull case). CoinCodex projects a year-end 2026 average near $0.000000025 — a +152% gain from current levels. The base case for 2026 is $0.000000010–$0.000000025, with above-base scenarios requiring a viral social media catalyst. SwapSpace's range of $0.00000010–$0.00000019 is the moderate bull case if meme coin sentiment improves.
How high can LADYS go? In a bull scenario by 2030, BitScreener projects $0.000000504 and StealthEx targets $0.000007. Reaching $0.000007 would require a market cap of approximately $6.2 billion — achievable only in an extreme meme coin mania cycle. Changelly's base case for 2030 is $0.000000063–$0.000000076, representing roughly 7–8x from current prices through compound market appreciation.
Will LADYS reach its all-time high again? The 2023 ATH of approximately $0.0000052 required a fully diluted market cap of $4.6 trillion — larger than the entire crypto market in 2026. No mainstream analyst model projects LADYS reaching its ATH before 2030. The StealthEx 2030 extreme bull target of $0.000007 is the closest any model comes — still 25% below the ATH. A new ATH before 2030 would require conditions more extreme than any current forecast assumes.
What is the Milady Meme Coin price prediction for 2030? Changelly's base model places LADYS at $0.000000063–$0.000000076 by 2030. BitScreener projects $0.000000112–$0.000000504. Oriole Insights forecasts $0.0000000074–$0.000000171. StealthEx's extreme bull scenario targets $0.000007. The most cited realistic 2030 range is $0.000000063–$0.000000504, with any outcome above $0.0000001 requiring sustained meme coin market health and at least one significant viral catalyst.
What is Milady Meme Coin? Milady Meme Coin (LADYS) is an ERC-20 token on Ethereum inspired by the Milady Maker NFT collection. Launched in May 2023 with no utility, team, or whitepaper, it describes itself as "only for fun." Its ATH came within hours of a Milady-themed post by Elon Musk. The token has an Ethereum-Arbitrum bridge with zero protocol fees and has been listed on KuCoin, Gate.io, OKX, and DWF Labs' Liquid Markets.
Is LADYS connected to Elon Musk? No. Elon Musk has no investment in, affiliation with, or endorsement of Milady Meme Coin. However, he posted a Milady NFT-themed image on Twitter/X on May 10, 2023, which drove LADYS approximately 200x within 72 hours — the token's all-time high. Any connection between Musk and LADYS is cultural and incidental, not structural. His social media behavior remains the most important unforecastable variable in any LADYS price model.ShareContent
According to Onchain data, market maker company DWF Labs sent $5 million USDT to the developer address of the Milady Meme Coin (LADYS) memecoin.
The increase observed in the price of LADYS following the development. Analysts at cryptocurrency analysis company Spot On Chain also confirmed that market making company DWF Labs sent $5 million to LADYS developers. According to analysts, DWF Labs may have entered into an OTC agreement to acquire LADYS.
The wallet with the short address 0xeffb, which is the address with which the company interacts, was used to mint 834 billion LADYS in May 2023.
LADYS gained 17% at its peak since we reported the development. However, the token in question is listed on major cryptocurrency exchanges Bybit and Kuco, but it is not yet traded on Binance and Coinbase.
*This is not investment advice.
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Milady Meme Coin ($LADYS) has announced a significant US$5 million investment from DWF Labs. This investment marks a pivotal moment for $LADYS, positioning it for accelerated growth and innovation within the cryptocurrency landscape.
A New Era for Milady Meme Coin
With the infusion of capital from DWF Labs, $LADYS is poised to lead the next wave of innovation in the meme coins space. The collaboration between Milady Meme Coin and DWF Labs is expected to unlock new avenues for development, collaboration, and community engagement within the $LADYS and meme ecosystem.
Value-added Investment Partnership from DWF Labs
DWF Labs as a Web3 investor and market maker, brings a wealth of experience and resources to the table. Aside from capital, DWF Labs’ strategic guidance, ecosystem support, will empower Milady Meme Coin to solidify its position as a leader in the meme coins space.
The synergy between Milady Meme Coin’s vision and DWF Labs’ expertise holds the potential to reshape the landscape of meme coins, driving forward the evolution of memes.
About Milady Meme Coin
Milady Meme Coin ($LADYS) is a self-organised meme coin made in the image of Milady. Positioned at the vanguard of the meme coin revolution, $LADYS embodies the indomitable spirit of memetic power and internet love.
Website: https://milady.gg/
Twitter: https://twitter.com/miladymemecoin
About DWF Labs
DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
[PRESS RELEASE – Seychelles, Seychelles, June 3rd, 2024]
Milady Meme Coin ($LADYS) has announced a significant US$5 million investment from DWF Labs. This investment marks a pivotal moment for $LADYS, positioning it for accelerated growth and innovation within the cryptocurrency landscape.
A New Era for Milady Meme Coin
With the infusion of capital from DWF Labs, $LADYS is poised to lead the next wave of innovation in the meme coins space. The collaboration between Milady Meme Coin and DWF Labs is expected to unlock new avenues for development, collaboration, and community engagement within the $LADYS and meme ecosystem.
Value-added Investment Partnership from DWF Labs
DWF Labs as a Web3 investor and market maker, brings a wealth of experience and resources to the table. Aside from capital, DWF Labs’ strategic guidance, ecosystem support, will empower Milady Meme Coin to solidify its position as a leader in the meme coins space.
The synergy between Milady Meme Coin’s vision and DWF Labs’ expertise holds the potential to reshape the landscape of meme coins, driving forward the evolution of memes.
About Milady Meme Coin
Milady Meme Coin ($LADYS) is a self-organised meme coin made in the image of Milady. Positioned at the vanguard of the meme coin revolution, $LADYS embodies the indomitable spirit of memetic power and internet love.
Website: https://milady.gg/
Twitter: https://twitter.com/miladymemecoin
About DWF Labs DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
Milady Meme Coin (LADYS) recently announced it received a significant $5 million investment from DWF Labs, marking a major milestone in its development. This investment is crucial as it will accelerate LADYS’s growth and innovation in the competitive cryptocurrency market, especially in the memecoin sector.
New Era for Milady MemecoinWith the significant investment from DWF Labs, LADYS is positioned to lead the next wave of innovation in the memecoin market. The collaboration between Milady Meme Coin and DWF Labs is expected to create new opportunities for development, collaboration, and community engagement, enhancing the ecosystem of LADYS and memecoins in general.
As a leading Web3 investor and market maker, DWF Labs brings extensive experience and resources to the collaboration. Beyond financial support, DWF Labs will provide strategic guidance and ecosystem support to help Milady Meme Coin strengthen its leadership position in the memecoin market. This collaboration aims to advance the evolution of memecoins by leveraging the synergy between the altcoin’s vision and DWF Labs’s expertise.
Potential for Industry TransformationThe union of Milady Meme Coin and DWF Labs has the potential to significantly reshape the memecoin market. The collaboration aims to advance the development of memecoins and foster more innovation and engagement within the community by harnessing LADYS’s innovative spirit and DWF Labs’s strategic capabilities.
Milady Meme Coin, abbreviated as LADYS, is a self-organizing memecoin created in the likeness of Milady. Embodying the enduring power of memes and internet love culture, it stands at the forefront of the memecoin revolution. LADYS leverages the unique cultural and financial potential of memecoins to build a vibrant and highly interactive community.
DWF Labs is recognized as a next-generation Web3 investor and market maker, known as one of the largest high-frequency cryptocurrency trading firms in the world. It operates on more than 60 exchanges, trading in both spot and derivative markets. The company’s involvement in the LADYS project is a testament to their commitment to supporting innovative and promising projects in the cryptocurrency market.
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.
Milady Meme Coin (LADYS) and JasmyCoin (JASMY) prices dropped to key support levels on Monday as a sea of red spread in the crypto industry.
LADYS traded at $0.0000001292, 68% lower than the YTD high while JASMY hit a low of $0.02757. A closer look at their performance shows that they dropped to key support levels. As shown below, Milady Meme Coin’s lowest point on Monday coincided with its lowest swings on April 17th and May 15th. In technical analysis, a drop below that level would signal that bears have prevailed, which could lead to more downside.
Milady Meme Coin price chart
Jasmy, popularly known as Japan’s Bitcoin, also dropped to a crucial support level. Its lowest point at $0.02757 coincided with the 50-day moving average and the highest point in March when Bitcoin soared to a record high. As with LADYS, a drop below that level could be a sign that bears have prevailed, which will push it lower.
Futures open interest has dropped JASMY and Milady’s price movement has happened at a time when their open interest in the futures market has dropped. Data by CoinGlass shows that LADY’s open interest stood at $76k on Monday, down from the year-to-date high of almost $1 million.
Open interest is an important metric that looks at the number of futures contracts held by traders in active positions. A higher figure is typically seen as a positive thing in the crypto industry.
Additional numbers by CoinGecko shows that the daily Milady Meme Coin traded in all exchanges has dropped to less than $7 million. Earlier this year, the token’s daily volume was averaging over $30 million.
Jasmy is showing similar fundamentals. Its open interest in the futures market dropped to over $40 million, down from this month’s high of over $82 million. The current figure is the lowest it has been since May 27th. Its daily volume has dropped to $150 million from the month-to-date high of $560 million.
Jasmy open interest
Jasmy and Milady Meme Coin’s sell-off has coincided with the ongoing drop of the crypto fear and greed index to the neutral point. It has also happened as most cryptocurrencies dropped. Bitcoin has moved into a correction as it dropped by over 15% from its highest point this month. In most cases, altcoins like Jasmy and Milady drop when Bitcoin is in a downward trend.
Analysts have mixed opinions on whether the decline will continue or a bullish reversal will happen. As I wrote earlier on, a popular analyst has made the case for a rebound of Bitcoin and other altcoins. Others like Peter Schiff have continued to predict that Bitcoin could continue falling, a move that will lead to more altcoin sell-off.
Shares of MicroStrategy have declined 30% from the March high. Hedge funds that shorted $MSTR and bought #Bitcoin as a hedge may soon lift the long Bitcoin leg and just stay short MSTR. Their own Bitcoin selling will add to the downward pressure on MSTR, enhancing their gains.
Anyone who has interacted with the Remilia community will know they’ve created one of the most confusing and self-referential corners of the internet. The upcoming CULT token launch is no different.
Since the token was first announced there has been a pre-sale and tons of deep fried memes—but not much else. A Telegram channel is currently packed with 5,000 people spamming a slot machine emoji over and over. If you ask when the token is coming, you simply hear the answer, “don’t worry about it.”
So, what is going on?
Remilia Corporation is the project behind multiple major crypto and NFT communities. Its flagship product is the Milady Maker NFT collection and derivative projects like Remilio Baby. The corporation also oversees a quarterly magazine and its leader, Charlotte Fang, often publishes philosophical essays on culture and the internet.
On June 13, the Milady Cult Twitter account announced a pre-sale for an upcoming Ethereum token called CULT. This raised $20.53 million, according to the Milady site. The funds have since been moved to a multisig Gnosis wallet. This wallet currently holds $21.4 million, mostly Ethereum and Tether.
Now that five months have passed, some investors have started to get restless. Amidst the slot machines on Telegram, more than 290 messages have been sent alleging the pre-sale was fraudulent. “It’s 100% a scam, right?” One investor posted, “Fuck man I lost 3 ETH.”
“Yes the token is being released,” Chief of Staff at Remilia Corporation, Scorched Earth Policy, confirmed to Decrypt. “Beyond that I cannot elaborate why the delay. Except that we have good reasons for doing what we’re doing and everything is centered around making sure we do right by our community.”
But not everyone is so concerned. Instead, some community members believe the delay is all part of a psychological operation that will lead to Remilia World Order (RWO).
“I think the beauty of CULT is faith. Faith in uncertainty and relying on your beliefs. It's as simple as not worrying and having confidence in your convictions,” pre-sale participant and self-defined Cult member Virtue told Decrypt. “I think it’s also a life lesson. You aren’t always in control in life, it’s okay to let go, it’s okay to be free.”
In September, community members started to believe that the token was finally on its way as the official Cult site showed that the token generation event (TGE) was “loading.” But by the end of the month, rumors spread that the entire token launch was cancelled—albeit, spurred on by a doctored screenshot of the site.
How did the community respond? Streams of “don’t worry about,” a plethora of “there is no refund, I love you,” and the occasional “did you just worry about it?” This sums up the absurdist hyper-irony Milady humor that dominates the community.
“I found it humorous when other people were getting upset about the TGE,” Virtue explained, “I was just making silly little memes on my phone without a care in the world and I think there’s beauty in that. Once the token comes out the memes will only be more plentiful.”
On Wednesday, Polymarket odds that the token would be released this year reached an all-time high at 90%. This was in-line with CULT’s new catchphrase sweeping Twitter of “maybe it's time.”
As speculation grew, Fang took to Twitter to reject the token being considered a meme coin at all.
“It's an ecosystem coin for an ecosystem that is by ideological design a self-organizing memetic engine, not wrapping just a meme or character but a revolutionary movement,” Fang said. “I think it exists as a genuinely new category, something like a metamemecoin or a memeplexcoin.”
Still, the token hasn’t launched and in the past two days Polymarket odds have fallen to 72%. The CULT awaits, the Remilia team promises it's still preparing, and everyone is trying to not worry about it. Maybe it’s time?
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Cardano founder Charles Hoskinson has reacted to claims that the SNEK meme coin has made more significant contributions to the Cardano ecosystem than Midnight.
The ongoing feud between Hoskinson and some community members has shown no sign of ending anytime soon. During a recent exchange, an X user named Federico claimed that Midnight, Cardano’s upcoming privacy sidechain backed by Hoskinson, has had less impact on the ecosystem than the Snek (SNEK) meme coin.
Federico made the assertion while reacting to a proposal from the SNEK team to withdraw 5 million ADA ($3.69 million) from the Cardano treasury to fund the token’s listing on a Tier-1 exchange.
Cardano Treasury Won’t Fund Tokens’ Listing on Exchanges Notably, Hoskinson declared his support for the initiative but recommended that the SNEK team structure the proposal as a three-year bond on its network. He pointed out that this would ensure that the team repays the 5 million ADA plus interest to the treasury.
Aside from this, the Cardano founder emphasized that no ecosystem token, including SNEK and Midnight, will get their listing fees from the treasury.
Hoskinson Reacts to Claims That SNEK Has Done More for Cardano Than Midnight Furious with this decision, Federico criticized Hoskinson, suggesting that while Midnight has not contributed anything to ADA, SNEK is responsible for the growth in the Cardano ecosystem.
“Without SNEK, there would be nothing in Cardano right now,” the user remarked.
In response, Hoskinson posted a GIF from The Big Lebowski, featuring ‘the Dude,’ played by Jeff Bridges, looking stunned. The meme captures Hoskinson’s surprise at the idea that a mere meme coin like SNEK has been more impactful to the Cardano ecosystem than Midnight.
— Charles Hoskinson (@IOHK_Charles) August 4, 2025
Hoskinson, who has been actively involved in the development of Midnight, has taken pride in the privacy blockchain. Recently, the Cardano founder claimed that more than 100 ventures across eight blockchains have already indicated interest in Midnight.
Consequently, he argued that the strong institutional interest in Midnight shows his instrumental role in Cardano’s growth.
SNEK Trend Puts Cardano in the Limelight Amid the recent feud, popular analytics platform TapTools alerted Cardano enthusiasts that SNEK was trending on X under Business and Finance. According to the accompanying screenshot, the meme coin had been mentioned in 6,005 posts on X, signaling heightened visibility.
Reacting, Cardano stake pool operator (SPO) Phillerino stated SNEK’s recent trend as a win for the broader ecosystem. According to him, increased attention on SNEK automatically puts Cardano in the limelight.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Snek is continuously pumping and not far away from its all-time high of $0.009069. Investors are eager to see just how far this token will pump, and how far the pump can sustain itself and continue to move higher in the coming weeks.
Let’s find that out in detail in this Snek price prediction.
Summary
Snek (SNEK) is trading at $0.0046895, up 10% for the month. Short-term outlook: Although technical indicators are still mostly bullish, CoinCodex predicts a potential 25% decline to $0.003852 by September 12, 2025. Long-term forecasts: Depending on market conditions, estimates for 2025 range from $0.003529 to $0.016, while those for 2030 range from $0.011 to $0.0291. Risks associated with investments: Investors should study the fundamentals, keep an eye on community development, and exercise caution due to high volatility, shifting market sentiment, and long-term unpredictability. The current price of Snek (SNEK) is $0.0046895, as of Aug 19, 2025. Over the last 24 hours, the price has moved by -9.55%, with a change of 0.82% in the past hour. For longer-term performance, the price has varied by 3.85% over the last 7 days and by 10.14% in the past month.
SNEK 1d chart | Source: Tradingview In this article, we’ll discuss SNEK price prediction by giving you its short-term and long-term price forecasts and exploring whether this token can continue its bullish run.
What can be a realistic projection for the SNEK token? Let’s dive into the SNEK price prediction for 2025 and 2030.
Snek coin price prediction: short-term outlook According to CoinCodex’s Snek price prediction for the near future, the token is projected to drop by -25.29% and reach $0.003852 by Sept. 12, 2025.
As of Aug. 14th, 2025, the overall sentiment of the SNEK price outlook has turned bullish, with 21 technical analysis indicators showing bullish signals, 4 indicating bearish trends, and 6 indicators showing neutral forecasts.
Snek price prediction 2025 For the remaining months of 2025, DigitalCoinPrice predicts that the SNEK token’s price could fluctuate between $0.00477 and $0.016, and may likely hold a yearly average of $0.0000289.
CoinCodex projects that the SNEK token can trade in the price channel of $0.003529 and $0.005156 in 2025.
While the general sentiment in the financial markets is that 2025 will be the year of the bull, it is important to understand that this prediction also has a chance of being wrong. BTC has already breached the $100k mark, and there is a possibility that it may be at the top of this bull cycle. Hence, it is advised to do your research before investing in SNEK or any other cryptocurrency with the hopes of gaining on your investment in 2025.
Snek price prediction 2030 As per CoinCodex’s Snek crypto price prediction for 2030, SNEK’s price could vary between $0.011017 and $0.022125.
DigitalCoinPrice expects that SNEK’s price could climb to $0.0252 or $0.0291 by the end of 2030.
Before trusting any source that is trying to predict the SNEK price prediction for 2030, you should understand that it is a cryptocurrency and, like all other tokens, the SNEK token’s price can be highly volatile.
2030 is five years away, and many cryptocurrencies can become obsolete in that time. This is why it is hard to give a realistic price prediction for any token, including SNEK. A great way for SNEK to survive these five years and continue its ascent in the crypto market is to continue building its blockchain technology and partner with key players in the digital crypto space. You should research and keep yourself updated with the latest developments in the upcoming years to make an informed investment decision in the SNEK token.
Is Snek a good investment? Before investing in any cryptocurrency, including SNEK, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that the sentiment in the cryptocurrency market changes quickly, and a token that was once considered the future may also be delisted from major exchanges. Hence, it is advisable to do your research on the token’s fundamentals before having any price expectations for the future of the SNEK token.
Will Snek go up or down? Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on.
While it is hard to determine how high the SNEK token will go, it is important to look out for potential buying factors that may include new partnerships, increased token holders, or viral campaigns in general.
It is also vital that you rely on financial experts and consult them for Snek price prediction, but even after all that, you should remain cautious, as no one can accurately predict how high or low SNEK can go.
Should I invest in Snek? Before investing in any cryptocurrency or trusting any Snek price forecast, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that cryptocurrencies in general are a highly speculative investment, and their success not only relies on market volatility but also the constant and sustainable growth of their community. Hence, it is advisable to do your research on the token’s fundamentals, which may very well decide the future of the SNEK token.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Cover image via www.freepik.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.
Cardano (ADA) is eyeing new crypto exchange listings, as per a proposal targeting this expansion of the coin. According to the post, the foundation has voted "yes" to a proposal that will get ADA listed on more global exchanges.
Cardano expansion proposalNotably, Cardano Foundation supports that a repayable ₳5,000,000 loan — which is approximately $2 to $3 million — be withdrawn from the treasury to fund the proposal. The initiative led by the Snek Foundation is meant to support an expansion of Cardano listings, and the funds will cover listing fees and other costs.
The goal is to ensure more visibility of Cardano on centralized exchanges, with the hopes of increasing adoption for ADA on the crypto marketplace.
It is worth mentioning that there had been previous concerns about this move. Interestingly, Cardano Founder Charles Hoskinson had publicly opposed the idea of using treasury funds for Snek or related listings. Hoskinson had insisted that it was a noncore use of the funds.
However, recent developments indicate that all concerns have now been resolved. Perhaps the shift from "grant" to repayable loan helped to convince the governance team to vote in support of the proposal.
There were four constitutional "yes" votes, and none voted against it. Only one individual chose to abstain from voting. Although the details have not been finalized, once it is done, the community can expect to see an expansion in listings.
"Some minor inconsistencies remain between the budget details and the withdrawal amount, but these can and will be clarified in the final agreement," the foundation stated.
Performance pressure mounts on Cardano In the broader crypto space, critics have continued to take a swipe at the Cardano blockchain over its performance. Recently, Nansen CEO Alex Svanenik claimed that by 2026, Cardano would have dropped out of the top 20 crypto assets by market capitalization ranking.
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Svanenik predicted that Hyperliquid, Monad and Zcash could displace ADA, as the asset has failed to find stability and growth. He even referred to Cardano as a "ghost chain" with low utility in the real world.
As reported by U.Today, there is increased pressure on Cardano as Bitcoin Cash (BCH) has been closing in on ADA. As of press time, Bitcoin Cash’s market capitalization stands at $11 billion against Cardano’s $14.65 billion.
Given the poor performance of ADA on the crypto market, there are concerns that BCH could flip it if bearish sentiment lingers for Cardano.
The Cardano Foundation has cast a Yes vote on a key treasury withdrawal proposal to expand global exchange listings of Cardano Native Tokens (CNTs).
The proposal, submitted by the Snek Foundation team last month, seeks to enhance the international exchange presence of Cardano-based tokens and support broader ecosystem growth. Specifically, the Foundation voted Yes on the Treasury Withdrawal request titled “Loan ₳5,000,000 to Expand Cardano’s Global Listings.”
Reactions to Initial Request for 5M ADA Grant For context, the Cardano community has been debating this initiative for several months. Early discussions centered on withdrawing 5 million ADA, currently valued at approximately $2.11 million, initially framed as a grant intended to fund the listing of SNEK and other Cardano-based tokens on major global exchanges.
However, the proposal has also faced notable pushback. Cardano founder Charles Hoskinson stated that treasury funds will not be used to finance exchange listings for ecosystem tokens such as SNEK and NIGHT.
Additionally, the Cardano Foundation initially abstained from voting on the proposal in August, noting that further clarification was required before it could take a definitive position.
Cardano Foundation Changes Vote to Yes More than two months after initially abstaining, the Cardano Foundation has updated its position and cast a decisive “Yes” vote. One of the most significant changes that influenced this shift is the proposal’s evolution from a non-repayable grant to a structured, repayable loan. It believes this adjustment will further strengthen accountability and enhance long-term sustainability.
The Foundation also emphasized the added oversight introduced through Intersect’s role as administrator and the establishment of a qualified advisory board. It pointed out that the move brings greater structure, transparency, and professionalism to the process.
Additionally, the Foundation noted that earlier concerns linked to a related Budget Info Action have now been resolved. The nonprofit expressed confidence that any remaining inconsistencies, particularly those involving coordination between the budget info action and the new loan withdrawal, will be clarified in future governance steps.
Voting Results According to the internal voting record, four constitutional “Yes” votes were cast, with no unconstitutional votes, no abstentions, and only one entity that did not participate.
At press time, constitutional committee support for the proposal had climbed to six “Yes” votes (85.71%), with one member abstaining. The remaining 14.29% of constitutional votes have not yet been cast.
Among DReps, 75.98% have voted in favor, 8.02% abstained, and 16% have not yet participated. Voting began on October 23, 2025, and is scheduled to end on November 25, 2025.
Voting Results on SNEK Proposal DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Cardano-based meme coin creator Snek.fun launches creator fees, allowing token creators on the platform to earn a percentage of trading volume directly in ADA.
The feature introduces a new monetization model for projects launched through Snek.fun while creating stronger incentives for creators to increase trading activity around their tokens.
Key Points Snek.fun has launched creator fees that allow token creators to earn ADA directly from trading activity. Creators can earn 0.3% of trading volume before token graduation and 1% after graduation. Songmarketcap founder Jure Karamarko criticized the Cardano community for showing very little interest in the update. The project made an impressive debut in September 2024, attracting more than 20,000 users within 10 seconds. Snek.fun Launches Creator Fees for Token Creators Snek.fun has unveiled a new creator fee system that enables token creators to earn ADA directly from trading activity generated by their projects.
The platform recently announced the update, stating, “Creator fees are live.” Through the feature, creators can now monetize their tokens’ trading volumes more directly, marking a significant shift toward creator-focused monetization within the Cardano memecoin ecosystem.
In addition, a demo video accompanying the announcement revealed that creators can earn 0.3% of trading volume before a token graduates and 1% after graduation. The platform accumulates these rewards directly on Snek.fun, while creators can withdraw their earnings through a simplified “claim all” button.
Cardano Community Reacts The feature quickly generated excitement across parts of Cardano’s memecoin community. Many users described the update as a strong incentive for developers and communities to launch tokens on Snek.fun.
However, the development did not receive the widespread attention many supporters expected. Consequently, Songmarketcap founder Jure Karamarko criticized the Cardano community for overlooking the update.
Karamarko argued that Snek.fun’s revenue-sharing model offers better terms than what Pump.fun provided at its peak. Furthermore, he suggested that the feature could significantly boost ecosystem activity and ADA trading volumes. Despite this potential, he criticized the Cardano community for paying limited attention to the launch.
He also contrasted the muted reaction to creator fees with the intense debate surrounding governance proposal voting, suggesting that parts of the community may have misplaced priorities.
Snek.fun’s Early Success It is worth noting that Snek.fun is affiliated with SNEK, Cardano’s most popular meme coin project. The platform debuted in September 2024 and quickly gained widespread adoption across the Cardano ecosystem.
As previously reported, Snek.fun attracted more than 20,000 users within 10 seconds of launch, overwhelming the protocol’s servers during its first few hours online.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
SongMarketCap founder Jure Karamarko has criticized the Cardano community for failing to support meme coin creator platform Snek.fun in the same way the Solana community rallied behind Pump.fun.
According to Karamarko, this lack of collective support continues to limit Cardano’s growth, visibility, and ability to attract major partnerships.
Key Points SongMarketCap founder Jure Karamarko criticized the Cardano community for failing to support Snek.fun the way Solana users supported Pump.fun. Karamarko said Solana’s ecosystem momentum has helped attract partnerships and integrations with companies such as Visa, PayPal, and Circle. Shortly after launch, Snek.fun attracted significant traction, with more than 20,000 users joining within minutes. While Snek.fun allocates up to 1% of trading fees to creators, Pump.fun offers between 0.05% and 0.95% in creator rewards. Community Support for Pump.fun Attracted Visa and PayPal to Solana: Karamarko Taking to X, Karamarko stated that the Solana community aggressively supported PumpFun by promoting, trading, and sharing the platform across social media. As a result, the ecosystem generated massive trading volume, which later translated into attention, liquidity, and broader ecosystem development.
According to Karamarko, this growth eventually helped Solana secure partnerships and integrations with major companies, including Visa, Circle, Western Union, PayPal, Worldpay, and Shopify.
Criticism Over Lack of Support for SNEK and SnekFun In contrast, Karamarko argued that the Cardano community has failed to support ecosystem projects with the same intensity, particularly popular meme coin SNEK and its meme coin creator platform, Snek.fun.
He noted that despite the team recently introducing a creator fee model, influential figures within the Cardano ecosystem largely ignored the development. Consequently, Karamarko criticized several prominent Cardano voices for failing to publicly support the initiative despite frequently discussing ecosystem growth and adoption.
Although Karamarko acknowledged that meme coins are speculative and often fail, he argued that Solana likely would not have achieved its current level of ecosystem growth if its community had rejected meme-driven activity from the beginning.
Pump.fun Gains Significant Traction Despite Low Creator Fee Model For context, the team behind SNEK launched Snek.fun as a meme coin creator platform that serves a similar role on Cardano to what Pump.fun provides on Solana. Shortly after launch, Snek.fun gained significant traction, attracting more than 20,000 users within minutes.
In addition, Snek.fun offers creators a more attractive fee structure than Pump.fun. While Snek.fun allocates 1% of trading fees to creators, Pump.fun offers between 0.05% and 0.95% in creator rewards.
Despite this difference, creators continue to flock to Pump.fun, where users have already deployed more than 8 million coins through the platform.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Crypto exchange Bybit is no longer on France’s Autorité des Marchés Financiers blacklist after more than two years of regulatory scrutiny.
On Feb.14, Bybit CEO Ben Zhou announced on his X account that the company had resolved its ongoing issues with the AMF. According to Zhou, Bybit had been working closely with French regulators to address compliance issues. The AMF confirmed that Bybit no longer appears on its list of “unauthorized companies and websites.”
Zhou also mentioned that the exchange is working toward securing a Markets in Crypto-Assets Regulation license, which would allow it to operate across the European Union. Bybit is still facing regulatory challenges in other countries despite its progress in France.
After more than 2 years of working with the French regulator through multiple remediation efforts, BYBIT is now officially removed from France AMF blacklist. MiCA license next. pic.twitter.com/irPf5bOSBp
— Ben Zhou (@benbybit) February 14, 2025 In India, the exchange was fined ₹9.27 crore ($1.06 million) for breaking money laundering laws. This came just weeks after it stopped services in the country due to regulatory concerns. Bybit faced additional international difficulties when authorities in Malaysia forced the company to cease operations.
In other news, Zhou has refuted reports that he would join the Pi Network. He revealed on X that he was requested to join Pi but declined, citing his prior experience in FX trading where refund requests were common. Although exchanges such as Bitget, MEXC, and OKX have confirmed their intention to list the coin, Bybit has not yet released an official statement.
The mainnet launch of Pi Coin, which is powered by Pi Network, is scheduled for February 20, 2025, at 8:00 UTC. The official announcement caused Pi Coin’s price to spike despite earlier delays. IOU values for Pi, which are transferable debt tokens used on exchange platforms until the mainnet goes live, have already begun to appear on several markets.
Bybit, a leading crypto exchange, has recently seen a breakthrough in terms of regulatory compliance. As per Ben Zhou, the CEO of Bybit, the French “Autorité des marchés financiers” has officially removed its name from blacklist, clearing its way to a potential acquisition of MiCA license. The executive took to social media to announce this remarkable development.
After more than 2 years of working with the French regulator through multiple remediation efforts, BYBIT is now officially removed from France AMF blacklist. MiCA license next. pic.twitter.com/irPf5bOSBp
— Ben Zhou (@benbybit) February 14, 2025 French Regulator Excludes Bybit from Blacklist Following 2-Year-Long Struggle While the Autorité des marchés financiers of France has excluded Bybit from the blacklist thereof, the platform looks for a MiCA license. Nonetheless, the respective development has reportedly occurred following Bybit’s intensive endeavors in collaboration with the regulators in France. The AMF, which is the financial market regulatory agency of France, is famous for its strict observation of financial entities. In this respect, it guarantees investor protection as well as market integrity. It had reportedly added Bybit to the blacklist due to potential non-compliance with regional regulatory requirements.
Nevertheless, during the past 2 years, the crypto exchange carried out several remediation measures. As a result of this, Bybit bolstered its compliance agenda. The respective measures took into account the enhancement of KYC procedures and AML safeguards. This enables the platform to revolutionize wider risk management mechanisms. These steps played a vital role in addressing the apprehensions that the AMF raised. As a result of this, the regulator ultimately restored the standing of the crypto exchange.
Crypto Exchange Seeks Acquisition of MiCA License According to Ben Zhou, the crypto exchange’s exclusion from the blacklist of AFM underscores a big move toward MiCA license. The acquisition of a MiCAC license is anticipated to highlight the crypto exchange’s commitment to compliance. Additionally, this move sets benchmark for the rest of the digital asset companies working in complicated regulatory environments.
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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
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Bybit is now moving its options and future contracts to Tether (USDT) and will not issue new USDC contracts from February 26 in an effort to increase liquidity on the platform.
In times when the crypto landscape is gradually moving towards USDC, Bybit seems to be doing the opposite. This is because most of the traffic on Bybit comes from the Russian Federation.
USDT is still the most liquid stablecoin with a supply of $145.2B. USDC is second on the list with a supply of $54.9B.
It’s worth mentioning that Bybit posted good numbers ($22.2B in daily trading volume) on the back of the 2024 bull run. Unsurprisingly, $BTC and $ETH are the most active pairs of derivatives on the platform.
The current shift will affect SOLUSC and ETHUSDC futures. Bybit will ensure that the expiry of USDC and UDST contracts are on different dates so as not to fragment liquidity.
Bybit’s European Dream May Soon Become a Reality Despite being restricted in countries like Canada, France, China, the USA, and the UK due to regulatory reasons, Bybit has not given up hope on becoming a force to reckon with in Europe.
Recently, the exchange was removed from the French AMF blacklist after more than 2 years of working with the regulators. The platform is now working towards getting a MiCA license, as confirmed by CEO Ben Zhou himself.
As the crypto landscape becomes more inclusive with pro-crypto regulations, a large number of new investors will join in to benefit from the upcoming bull run.
If you’re looking for the best crypto to invest in, consider rallying behind the success of the most popular crypto wallet, Best Wallet, by purchasing Best Wallet Token ($BEST).
What Is the Best Wallet Token ($BEST)? $BEST is the in-house altcoin of the Best Wallet App, which is hands down the best crypto wallet available right now.
Best Wallet gives you access to more than 60 crypto chains, allowing you to manage your entire crypto portfolio from a single place.
The wallet is also non-custodial and decentralized and does not require you to complete any lengthy KYC process to get started. This makes it very beginner-friendly and easy to use.
Since its launch in November 2024, the wallet has amassed more than 500K total users, including 250K daily active users. That’s further proof of its utility and user-friendliness.
Check out our detailed Best Wallet review for more info.
Holding $BEST, though, will put the Best Wallet App on steroids, unlocking cool exclusive perks. For starters, you get access to the best crypto presales much before they go out on sale for the general public.
This allows you to identify potential 100x meme coins and altcoins before they skyrocket. Plus, as a $BEST token holder, you’ll be able to buy these cryptos directly on the Best Wallet App and at a lower fee than on any other crypto wallet.
More good news comes in the form of security. All the tokens will be vetted by the in-house $BEST team, meaning you won’t have to worry about falling prey to hoax or scam crypto projects.
Why Should You Invest in $BEST? To understand $BEST’s growth potential, it’s important to dig into the goals of Best Wallet.
Firstly, the non-custodial wallet market sits at a massive $11B, and Best Wallet aims to capture 40% of it all by the end of 2026. Secondly, the developers also have plans to launch a Best card and Best DEX (a native decentralized exchange). As the Best Wallet App gains more traction and becomes the go-to for crypto investors worldwide, it’ll be the $BEST token that will benefit big time.
Moreover, $BEST aims to build a strong community of crypto investors with rich learning resources. Token holders can complete daily or weekly quests to get free airdrops.
During the last 5 months, the community has seen a 7,000+ strong airdrop user base with over 75,000 quests. You can join its 48.8K-strong X community or stay updated through its Discord and Telegram channels.
Analysts expect a 13,000% surge in $BEST’s value by the end of 2025, which would drive up its price to $3.25. This bullish momentum is expected to continue in 2026, where $BEST can hit highs of $6.47.
The Best Wallet presale is currently live ($10M+ already raised), and you can get 1 $BEST for just $0.024 if you get in now.
The next price increase is set to take place in less than 12 hours, so this might be your last chance to buy $BEST for such a low price.
However, it’s best to do your own research before putting your hard-earned money in crypto, as the markets can be notoriously volatile.
Also, this article isn’t a substitute for financial advice, so consider consulting a professional before making any decisions.
Ben Chow, co-founder of Solana-based decentralized exchange Meteora, has stepped down following allegations that he privately received or managed LIBRA tokens.
Chow’s resignation was announced on X by Meow, pseudonymous co-founder of both Meteora and Jupiter. Meow stressed their dedication to openness and reassured the community that neither project was involved in insider trading or financial misconduct.
A respectable legal firm, Fenwick & West, has been hired by the companies to carry out an independent investigation into the claims. Meow stated that the results of the investigation will be made public.
Meteora, which has operated independently from Jupiter for over a year, had been led by Chow without significant involvement from meow. While Meow expressed confidence in Chow’s character, he cited a lack of judgment in recent months regarding Meteora’s core operations as a reason for the resignation.
The controversial LIBRA memecoin, to which Chow was linked, gained rapid attention after Argentine President Javier Milei’s public mention of the token. The value of LIBRA surged to over $4 before plummeting to less than 50 cents. Rumors of market manipulation were sparked by reports that insiders cashed out over $100 million while buyers incurred large losses.
Milei’s involvement with the token has ignited political tensions in Argentina, with opposition leaders calling for his resignation. The nation’s Anti-Corruption Office is now reviewing the case, and Federal Judge María Servini is overseeing a legal probe into the matter.
The LIBRA incident has sent shockwaves through the crypto space, highlighting the risks involved in memecoin trading. On February 17, Binance co-founder Chang Peng Zhao offered to donate 150 Binance Coin (BNB) as part of an effort to compensate victims of the scam.
Amidst the chaos and uncertainty of $LIBRA and the revelation of Kelsier’s serial scam launches, DefiTuna’s Moty Povolotsky reached out to Meteora’s Ben Chow to discuss the harmful allegations made against the protocol.
After blowing the whistle on a series of extractive memecoin launches orchestrated by Kelsier Ventures via Meteora’s M3M3 launchpad, Povolotsky has made this conversation public.
Chow Denies Involvement One of the conversation’s recurring themes surrounds how much, or how little, Meteora co-founder Ben Chow knew about Kelsier Ventures’ series of extractive launches.
According to Povolotsky, Ben Chow frequently gave Kelsier Ventures’ Hayden David “a lot of the instructions” ahead of both M3M3 launches and higher profile launches, like $MELANIA.
“I believe, Ben, you knew this, because you actually gave a lot of the instructions. From Hayden's point of view, he many times would get on a call with you, or text you, and he'd say, ‘oh, Ben said this, Ben said that, Ben said it's launching this, Ben said he's gonna tweak.’ So this is a little bit foreign, like, this is a bit weird on my side, that you sound surprised.” - Moty Povolotsky, DefiTuna Co-Founder
Chow has confirmed on 𝕏 that he worked closely with his ‘friend’ Davis and Kelsier Ventures on the M3M3 launchpad. The platform’s first launch, $M3M3, was plagued by snipers and manipulation, leading to widespread controversy and claims of manipulation.
Despite these concerns, Chow asserted that he has continually referred memecoin project teams to Hayden Davis and Kelsier Ventures. These referrals ultimately resulted in hundreds of millions of dollars being extracted through $AIAI, $MATES, $ENRON, $MELANIA, and $LIBRA launches.
Responding to Povolotsky’s concern, Chow acknowledged that he “was involved in the $MELANIA one” but only on a technical level.
“Well, look, I don't know what happens underneath Hayden. I was involved in the Melania one. I'm not involved in everything, to all degrees, right, but Melania was… people tend to not know what they're doing, and then that one was so high profile and sort of rushed… I didn't want them to f*ck it up, you know, so I was trying to help them because there were issues on things… Actually, I wasn't aware of any of this stuff.” - Ben Chow, Meteora Co-Founder
While it has been made public that Chow was aware of token addresses, like $LIBRA and $MELANIA, pre-launch, the Meteora co-founder claims that no other Meteora or Jupiter team members were involved in any sniping. This claim is consistent with Jupiter’s statement yesterday, wherein the DeFi powerhouse assured users “We have conducted our own investigation and cannot find any evidence of sniping by team members.“
The conversation also includes allegations of market manipulation and mass token sniping among key players throughout the Solana ecosystem. According to Povolotsky, extended Kelsier Ventures team members like Gideon and Dr. Tom also sniped the launch with impunity.
It is theorized that KOLs and influencers across Solana were also given token addresses pre-launch. Feigning sarcasm, influencers like Frank have potentially put themselves into a legal gray area. In a now-deleted X post, Frank remarked: “if you’ve been in crypto for more than 4 years and you’re not somewhat of an insider you need to rethink your strategy.”
“If there's a rug, this was a rug. Like 101,and everyone was in it from the insiders to what's-his-name DeGods, to Jakey. I'm sure everyone and their mother, everybody knew about it and everybody sniped it and some people were early, other people were late and a lot of people lost money and the worst thing of all is it's the President that gets a bad image.” - Moty Povolotsky, DefiTuna Co-Founder
Despite Chow’s shocked reaction to the allegations, the Meteora co-founder admits there were “red flags”. Chow was aware that snipers were targeting Meteora launches, but “always thought they were external snipers”, rather than his trusted friends at Kelsier Ventures.
Povolotsky claims that Davis made a threatening comment regarding Chow’s involvement, with the Kelsier Ventures CEO stating “if Ben ever turns against us we have enough to pin on him”.
Jupiter Cat Herder (Head of Communications) Kash Dhanda issued a statement in support of Chow. Dhanda asserts that Chow may have made a “strategic mistake”, but assures the Solana community that Chow is “not responsible for the insider trading or the failures of tokens launched on Meteora.”
Meanwhile, protocols from across the Solana ecosystem have come out to defend Ben Chow and the wider Meteora/Jupiter organization. Representatives from long-standing Solana projects like Save Finance, Helium, and Squads Labs have vouched for Jupiter and its associated apps.
Chow to Step Down Towards the end of the conversation, Chow acknowledges that he is in a precarious position. Whether guilty of the accusations made against him or not, Chow stated that he will step down from his current position.
“I f*cked up because I enabled a guy I should not have enabled. I'm gonna have to step down. I'm gonna have to quit”
While no communication has come from Ben Chow’s account, Jupiter and Meteora co-founder Meow has issued a statement on the matter.
Meow supports Chow and stands by his statement, assuring the Solana community that no one at either Jupiter or Meteora was involved in market manipulation, or received tokens related to the Kelsier launches.
However, Meow acknowledges that Chow made an unacceptable error judgment by continually referring project leads to Hayden Davis and the Kelsier team. Chow has chosen to officially step down from his position, and Meteora will begin its search for new leadership.
Read More on SolanaFloor: Meteora faces backlash over extractive M3M3 launches
Meteora Under Fire For Ties to Kelsier Pump-and-Dumps
In This Article Meteora Co-Founder Resigns After Libra Memecoin FailureThe LIBRA Memecoin and Allegations Engulf Argentina President MileiLessons for the Crypto Industry: Stop Bidding Solana Celebrity Meme Coins The resignation of Meteora’s co-founder Ben Chow adds another twist to the LIBRA memecoin saga.
Argentinan president Javier Milei thought he was Argentina’s Trump and could scam his fans, but the pyramid turned out to be much smaller than anticipated. Now people will see jail time. Et tu Solana?
Ain’t no way these people aren’t going to prison:
– Running 9 figure scams using heads of states as bait
We’re dealing with unique problems this cycle that didn’t apply in previous cycles:
HORRIBLE global economic macros Additional tariffs (some justified and others not) scarring the market Solana threw a wrench into alts/shitcoins this cycle Normies are further demoralized by getting rekt from Trump, Melania, Libra, Hawk Tuah, amongst other celeb pnd’s (this ties into the SOL issue) Here’s a closer look at the scandal, LIBRA’s dramatic rise and fall, and the political tensions it has sparked, not just for the token but also for figures like Argentine President Javier Milei.
Meteora Co-Founder Resigns After Libra Memecoin Failure Ben Chow’s resignation was announced on X by “Meow,” the pseudonymous co-founder of Meteora and Jupiter, another Solana-based platform. Meow emphasized the company’s commitment to transparency and reassured the community of its intent to address the allegations effectively.
“We take allegations of insider trading EXTREMELY seriously,” Meow wrote on X. “Neither Meteora nor Jupiter is guilty of financial misconduct.”
(Ben Chow charged for 34 cases of Fraud in 2016 | SEC) To reinforce this commitment, the companies have hired Fenwick & West, a respected legal firm, to conduct an independent investigation. Meow promised that the review results would be made public to ensure accountability.
Despite expressing confidence in Chow’s character, Meow cited a lack of judgment in Meteora’s operations as a contributing factor to the resignation.
The LIBRA Memecoin and Allegations Engulf Argentina President Milei The scandal revolves around LIBRA, a meme coin that soared to mainstream attention after being endorsed by Argentine President Javier Milei.
What began as a rising star in the crypto world soon crashed spectacularly, with LIBRA’s value plummeting from $4 to less than $0.50 in mere hours.
The dramatic collapse has been linked to market manipulation, with reports alleging that insiders cashed out over $100 million in liquidity, leaving investors to absorb enormous losses. Chow, according to accusations, privately received or managed LIBRA tokens—a claim that has fueled outrage and distrust.
It’s all unravelling so quickly. In the past hour we found out that Jupiter owner Meow is the real owner of Meteora. Ben lied about having no involvement with Libra and other Kelsier launches and was fired from Meteora. Gotta imagine Solana and its execs knew this the whole time. pic.twitter.com/n5F8IC5H3W
— Beanie (@beaniemaxi) February 18, 2025
President Milei’s involvement with LIBRA has sparked significant political turbulence in Argentina. Milei, who publicly promoted the token, is now under investigation by the nation’s Anti-Corruption Office.
Federal Judge María Servini also oversees a legal probe into potential fraud and market manipulation related to the meme coin’s controversial launch.
Sociopathic scammers from the Solana culture have now dominated the crypto market. These are people whose perspective is that crypto is literally just a place where you can scam people for easy money. The LIBRA trainwreck gives us a glimpse into the massive rabbit hole.
They have zero inkling that crypto, blockchain, DLT, whatever, has any benefit other than being an arena for scamming. Sad!
Lessons for the Crypto Industry: Stop Bidding Solana Celebrity Meme Coins tldr; Argentina’s president Javier Milei launched a meme coin called $LIBRA, claiming it would boost the country’s economy. However, within five hours, $4.4 billion vanished as insiders dumped their holdings.
After the LIBRA crash, Binance co-founder Changpeng Zhao donated 150 Binance Coin (BNB) to help fix the damage. But no amount of goodwill can fix the larger problem plaguing crypto—an unregulated space that leaves small investors drowning in losses.
The fallout has drawn interest from the blockchain community and political circles, raising bigger questions about responsibility and the glaring gaps in crypto oversight.
Solana has become a community increasingly tantamount to a drunken Reno casino, brimming with sharks and scammers. You might want to cash out while you still can.
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Key Takeaways Sociopathic scammers from the Solana culture have now dominated the crypto market. The LIBRA meme coin controversy serves as yet another reminder of the risks associated with hypervolatile assets like meme coins. For the crypto ecosystem, instances like these cast a long shadow, raising concerns about transparency, accountability, and the industry’s long-term reputation. #Altcoin News Today
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Key NotesBen Chow, co-founder of Meteora, has resigned following backlash over the Libra meme coin controversy.Despite maintaining his innocence, Chow admitted to poor judgment in associating with key figures involved.Meow, co-founder of Meteora, assured the public that no financial misconduct occurred within the company.Meteora and Jupiter will enlist an independent third-party investigator to ensure transparency. Ben Chow, co-founder of Meteora, has stepped down from his position in response to mounting criticism over the Libra meme coin scandal. His resignation follows allegations of insider trading and liquidity pool involvement, which have cast a shadow over the project’s integrity.
While he maintains that neither he nor Meteora engaged in financial misconduct, the backlash ultimately led to his decision to exit the company.
Libra Meme Coin Controversy Unfolds Sharing the news of his departure on X (formerly Twitter), Meow, the pseudonymous founder of Solana-based decentralized exchange Jupiter, who also co-founded Meteora said that Chow’s poor judgment in handling key aspects of the controversy was the reason for his resignation.
Although, according to Meow, Chow has an untainted character, and he truly believed he did not engage in any “financial inappropriateness” when dealing with third-party partners, referring to the Libra meme coin.
“While I am 100% confident about Ben’s character, as a project lead he has also shown a lack of judgement and care about some of the core aspects of the project (given its current size and reputation) over the past couple of months,” Meow wrote.
The Libra meme coin gained widespread attention after Argentina’s President Javier Milei unexpectedly endorsed it last Friday as part of an economic initiative. The token’s value surged following his remarks, only to crash shortly after Milei withdrew his support, leading to accusations of market manipulation.
The situation escalated when Hayden Davis, CEO of Kelsier Ventures, claimed in an interview that the Libra development team engaged in pre-launch insider trading, commonly referred to as sniping. Given that Meteora provided liquidity pools for the project, Chow and his company became embroiled in the controversy.
Denying any direct involvement, Chow stated that neither he nor Meteora received Libra tokens or participated in any insider activities. However, he admitted to introducing Davis and Kelsier Ventures to other projects, believing them to be credible.
There have been questions regarding Meteora and my involvement in $LIBRA, so I want to explain our role and share why we work with 3rd parties.
Meteora and I personally, have never received or managed any tokens on the side, do not receive knowledge or get involved with any…
— benchow.sol (@hellochow) February 17, 2025
Fallout and Industry Reaction The controversy took another turn when a video surfaced showing Dhirk, founder of DeFiTuna, confronting Chow about Kelsier Ventures’ alleged misconduct. Chow appeared stunned by the revelations, insisting he had no prior knowledge of any wrongdoing. He expressed deep regret over his association with Davis and his role in introducing him to other projects.
“I feel responsible for enabling someone who should not have been trusted. This is a serious misjudgment on my part, and I believe stepping down is the right course of action,” Chow said in the footage.
Despite the resignation, Meow reaffirmed that neither Meteora nor Jupiter were involved in any unethical practices. To address community concerns, the team announced plans to enlist an independent third-party investigator to thoroughly review the situation and provide transparency.
Meow described the ongoing controversy in the industry as a “watershed moment” for the crypto economy, adding that he plans to create products with no central authority.
“One of my main goals will be to create permissionless products, operating systems, and ethical standards that I believe can form the new foundation of crypto moving forward,” Meow wrote.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.
Ben Chow, who co-founded Solana-based DEXs Jupiter and Meteora, departed from Meteora amid allegations of insider trading and misconduct linked to the collapse of the Libra meme token.
His resignation was shared by Meow, Jupiter’s pseudonymous co-founder, on X (formerly Twitter) on Monday evening.
Memecoin Madness! Meow clarified that Meteora has operated independently from Jupiter for over a year, with Ben leading the team. Meow praised Ben’s efforts in transforming Meteora into an innovative DEX with an active community.
The key figure in the Solana ecosystem also voiced support for Ben. However, despite Meow’s confidence in Ben’s character, he noted that Ben’s recent judgment and attention to the project fell short of expectations, given its current size and reputation. As a result, he has resigned, and Meteora is now searching for a new leader.
Meow reiterated in the statement that no one at Jupiter or Meteora engaged in insider trading, financial wrongdoing, or inappropriate token distribution. In a bid to ensure transparency and address public concerns, Meow said the team is hiring law firm Fenwick & West to conduct a thorough investigation and publish a report.
Hi, I’m meow from Jupiter, and I also cofounded Meteora.
Firstly, I’d like to reiterate my confidence that no one at Jupiter or Meteora committed any insider trading or financial wrongdoing, or received any tokens inappropriately.
Secondly, we are hiring an independent 3rd…
— meow (🐱, 🐐) (@weremeow) February 18, 2025
Regarding Jupiter, Meow affirmed the platform’s long-standing commitment to token transparency and to reinvesting the majority of its earnings back into the Solana ecosystem. Jupiter’s head added that they have never sold JUP tokens and rarely trade meme coins.
Meow concluded with an apology to the community and the ecosystem.
He described the situation as a “watershed moment” and shared his vision for the future, which includes developing permissionless products, creating Jupnet, and establishing higher standards for token integrity and transparency across the industry.
Launched on Feb. 14 and promoted by Milei as a way to support small businesses and stimulate economic growth, the LIBRA token saw its valuation soar to $4.5 billion shortly after its launch. But the rally was short-lived. The token collapsed dramatically on launch date.
Critics have labeled this situation a potential “rug pull” scam, where initial investors inflate the value before withdrawing their investments. Milei, for his part, faces fraud charges for being part of a fraudulent association that misled investors.
The scandal has prompted calls for impeachment from opposition lawmakers, who argue that Milei’s actions constitute serious misconduct.
Jupiter and Meteora have faced mounting backlash from the cryptocurrency community regarding their alleged part in the collapse of the Libra coin. Many crypto community members have accused the two DEXs, as well as other prominent crypto influencers, of engaging in insider trading and sniping.
Jupiter and Meteora both denied any involvement in the LIBRA meme coin’s price manipulation. In a statement on Feb. 16, Jupiter stated that they prioritize transparency, especially when it comes to meme coin dealings, and insisted they had nothing to do with LIBRA’s wild price swings.
Jupiter added that some team members learned about the project tied to President Milei just two weeks prior, initially skeptical until Milei himself tweeted about it. However, Jupiter claims no knowledge of any deals between Milei, Kelsier Ventures, the token team, or market makers, and said they weren’t involved in any LIBRA trading.
Addressing criticism about quickly verifying LIBRA, Jupiter explained they don’t do instant verifications.
LIBRA already had a huge market cap when it hit their “Strict List,” and the “Verified” icon in their search engine only came after it had decent liquidity and community support. They clarified that verification wasn’t an endorsement, but a way to protect users from the flood of fake tokens that popped up around LIBRA’s launch.
According to Jupiter, Meteora’s Ben confirmed he only got the contract address minutes before launch, purely for verification, and didn’t share it with Jupiter until it was public. Chow also put out his own statement, saying he and Meteora weren’t involved in LIBRA’s sales or marketing, just contacted for tech support at the launch.
More Details Surface Ben’s departure and Meow’s statement come as more information about the Libra token launch scheme has surfaced.
A video obtained by SolanaFloor showed that DefiTuna founder Dhirk informed Ben of Hayden Davis’s alleged misconduct in meme coin launches, including witnessing Kelsier members sniping. Davis is the CEO of Kelsier Ventures, a key entity in the Libra scandal.
Ben, despite denying his involvement and even announcing he would step down, was spotted by many that he knew in advance about Hayden’s plan, but chose not to warn the community about it.
Nicholas Say
Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.
