Tag: Memecoin

From the failure of the “Let’s Go Brandon” token to controversies around Will Smith Inu, meme coins are beginning to generate suspicious rep, despite their popularity. Spanning almost a decade of existence themselves, meme tokens have managed to carve out their own flourishing niche in the crypto industry. They are also most likely going to stay. Considering their cheap prices and popularity, some argue that meme tokens are a good entry point into crypto for newbies. But are they really?…

Developers of the meme token, "Let's Go Brandon", have been accused of robbing investors via a pump-and-dump scheme.  Eric De Ford, a supposed victim of the scam, filed a lawsuit against the LGB creators for unlawfully manipulating prices. LGB creators allegedly maneuvered prices to their advantage by inciting a price pump, before selling off their assets shortly after. Accusers claim that the defendants walked away with significant profits while leaving other unsuspecting investors in the red. Hence, Ford filed a…

Volt Inu ($VOLT), a token built on Ethereum, is excited to announce that it has just finalized the $VOLT BSC smart contract. Consequently, a PancakeSwap listing and ETH/BSC bridge are coming soon. Recently, Floki Inu also brought BSC to the Floki Inu ecosystem. To do this, they created a liquidity pool on PancakeSwap while ensuring that total circulating supply across both the ETH and BSC chains never exceeded 10T tokens as originally promised. The same group that partnered with Floki…

Shiba Inu (SHIB) is a token born relatively recently, appearing on the market in August 2020. Those who created Shiba did so in the wake of another cryptocurrency having as its symbol that same dog breed: the Dogecoin (DOGE). DOGE was born seven years earlier as a mere joke, but it became a natural phenomenon in 2021. Shiba Inu immediately attracted the attention of investors, triggering decisive price hikes. Its fame has grown so much that, today, one of the…