BNB Chain hits 500m active addresses at the heels of TST frenzy and MEV concerns

Binance Smart Chain has surpassed 500 million unique active addresses, coinciding with the frenzy surrounding the launch of its test TST meme coin. In a historic milestone, Binance Smart Chain has surpassed 500 million unique active addresses, according to a recent X post by Whale Insider. This achievement comes at the heels of the launch […]

Pump.fun dismisses token launch rumors on heels of lawsuit

The co-founder of Pump.fun has denied circulating rumors about an upcoming token launch, urging users to disregard information not directly shared by the platform. Co-founder Alon Cohen, who helped launch Pump.fun in January 2024, posted on X that his team remains focused on product improvements. They also remain committed to “rewarding users properly,” he said. […]

Shiba Inu soars over 17% on heels of burn rate spike

Dog-themed meme coin Shiba Inu is currently up by 17.7% for the day and 30% over the past week.  The upward momentum marks the highest Shiba Inu (SHIB) reached since April 1. Source: CoinGecko Multiple media reports suggest the rally is due to a massive burn rate spike — over 7,400% — and a reduced supply. Whether […]