Binance co-founder Yi He says the exchange cannot be held accountable for the ‘the rise and fall of coins’ listed on its platform. The criticism comes after several tokens experience major declines in trading. In a recent post, Yi He acknowledged that the platform still had issues and the team is committed to continuously improving … Read more
Despite the steep decline, investors remain hopeful, albeit cautiously. Metrics show that active addresses on the Solana network have fallen to 4.44 million, down from January’s peak of 9 million. The decline shows users are waiting for clearer signs of recovery before reengaging with the network. Technical pointers also indicate that the recovery might be … Read more
Shiba Inu price drops, but SHIB traders are unfazed. Diamond hands hold 80% of the supply, while Shibarium hits 1 billion transactions. Will the meme coin market recover? Eyes on Solana, where most tokens were launched via Pump.fun in 2024. Despite the Shiba Inu price sinking 7% in the last week of trading, on-chain data … Read more
Trading volume on Pump.fun, a leading Solana-based token launchpad, plunged 63% in February following a string of high-profile memecoin scams that have eroded investor confidence. Pump.fun volume dropped from $119 billion in January to $44 billion in February, the lowest since October 2024, according to data from a Dune Analytics dashboard. Pump.fun’s new token launches … Read more
Despite the drop, a CryptoQuant analyst known as Banker believes this pullback could signal a bullish rebound. The analyst pointed to three key indicators suggesting Bitcoin might recover soon. One of the leading indicators is a decline in Bitcoin’s open interest. Figures show open interest decreased by 14.42% on March 1. This is evidence of … Read more