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meme coin news: Market Highlights
Reflecting on the past 24 hours in the meme coin market, the overall market capitalization has taken a 3.5% dip, settling at $41.2 billion. Within this interval, only nine coins have managed to experience price hikes.
The standout performer of the day is Neiro, which soared by a remarkable 327.8% to reach $0.00019. Additionally, Black Agnus (FTW) showcased an impressive triple-digit surge of 112.1%, trading at $0.00003494.
While three coins demonstrated double-digit increases, the remaining saw gains of less than 6%. On the contrary, Cate on ETH (CATE) holds the top spot in the decline category with a substantial 35% drop, now priced at $0.02684. It's closely followed by KOALA AI (KOKO) and Smoking Chicken Fish (SCF) each experiencing around a 20% decrease.
Interestingly, only two meme coins within the top 10 have managed to register an increase in their respective prices. Baby Doge coin (BABYDOGE) showed resilience, appreciating by 38.7% at $0.0000000009538, closely followed by Turbo (TURBO) with a 4.5% rise, now standing at $0.00418.
binance Lists Three meme coins
The renowned crypto exchange, binance, has unveiled the addition of three meme coins on its platform: Neiro, Turbo, and Baby Doge coin. Despite the overall market downturn, these coins displayed exceptional performance in the past 24 hours.
binance activated trading for the newly added spot trading pairs at 10:00 UTC today, including NEIRO/USDT, TURBO/USDT, and 1MBABYDOGE/USDT. Users can commence depositing these coins in preparation for trading an hour later, and withdrawals will open on September 17 at 10:00 (UTC).
Interestingly, the listing fee for these meme coins stands at 0 BNB. Neiro, often referred to as the 'little sister of Doge,' was introduced on the ethereum blockchain following the unfortunate demise of the famed shiba Inu, Kabosu.
In the subsequent adoption of a shiba Inu named Neiro by Kabosu's family, several new coins emerged in response to this development.
Justin Sun Announces ‘Exciting Week for Tron Memes’
Tron's founder, Justin Sun, recently teased the meme community on the blockchain by declaring the upcoming week as 'exciting' for memes on the platform.
Among the announced developments include a potential reduction in network fees proposed by the Tron Super Representatives. Sun touted this move as stimulating transactions and network activity to unparalleled levels.
Furthermore, Sun envisioned a remarkable performance for meme coins on the Tron network during the bullish market phase. The roadmap also includes additional partnerships with the institutional sector and high-quality meme developers and celebrities.
Pump.fun Surpasses 2 Million coins & $100M in Revenue
The popular Solana-based platform, pump.fun, has achieved a significant milestone by exceeding the creation of two million meme coins since its launch in January. Amid this accomplishment, pump.fun has also crossed the $100 million revenue mark, standing at $105,847,865.
On a daily basis, 5,122 new coins were minted, showcasing the platform's consistent growth. Notably, pump.fun has asserted its dominance in the Solana ecosystem, holding a 35.1% share of all launches on the network.
Despite varying revenue figures over time, the platform has demonstrated a consistent upward trajectory by contributing significantly to the meme coin economy on the Solana blockchain.
