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Two meme coins linked to Kamala Harris have seen wild swings. It's a bit bonkers, really. The moves come as the VP pivots on crypto policy. HARRIS is up 115.46% in 24 hours. It's trading at $0.001936. The coin's market cap is $1.66 million. Its 24-hour volume hit $545,423. HARRIS has a fully diluted market cap of $1.94 million. Nearly a billion tokens are circulating. But trading volume dipped 16.06% yesterday. KAMA, another Harris-themed coin, is showing different moves. It's up 26.7% to $0.01718. KAMA's market cap stands at $17.13 million. KAMA's 24-hour volume reached $10.15 million. Its fully diluted valuation matches its market cap. About 995.5 million KAMA tokens are out there. KAMA's had a rocky ride lately. It's down 25.4% over seven days. But it's still up 55.8% over two weeks. Talk about a rollercoaster. These swings reflect mixed feelings about political shifts. The crypto world's been on edge lately. No one knows what's coming next. Harris is trying to mend fences with crypto folks. She's the likely Democratic nominee now that Biden's out. She's keen to rebrand the party as crypto-friendly. The SEC's been a thorn in crypto's side. Gary Gensler, Biden's pick for chair, isn't exactly popular in the community. Harris wants to change that perception. Word is, she's chatting up big players like Coinbase and Ripple. She's trying to distance herself from the old guard's tough stance. It's a gamble that could make or break her campaign.

The meme coin market is in a tizzy. PEPE's price has taken a 5.11% nosedive in the past 24 hours. This drop comes amid a broader market decline. Meme coins are down an average of 4.01%. A whale transfer has stirred the pot. On August 1st, a significant player moved 400 billion PEPE tokens to Binance. The transfer was worth a cool $4.22 million. Lookonchain, a blockchain analysis platform, spilled the beans on Twitter. "A whale deposited 400B $PEPE($4.22M) to #Binance to take profits in the past hour," they reported. The whale's not done yet. They still have 395.93B PEPE tokens, worth $4.18 million. This whale's got some serious gains. Their total profit on PEPE stands at $5.85 million. That's a whopping 230% return on investment. Talk about a lucky catch! PEPE's troubles aren't new. The token's been on a downward spiral. It's fallen 15.52% below last Friday's prices. Other altcoins are feeling the heat too, but PEPE's drop is more pronounced. Traders are buzzing with activity. PEPE's trading volume has shot up by 34.50% in the past day. It now stands at 820.88 Million. The whale transfer seems to have kicked off PEPE's decline. Despite attempts at recovery, the token looks set for more downside. The relative strength index (RSI) is stuck below the 50 mark. It's currently at 40, indicating shaky investor confidence. Technical indicators paint a gloomy picture. Both short-term and long-term trends point south. Traders should keep an eye on the $0.00000918 support level. But PEPE's woes might not be all its own doing. The US Federal Reserve's decision to hold interest rates could be a factor. Meme coins often dance to the tune of wider market trends. While PEPE struggles, a new player is making waves. Pepe Unchained ($PEPU) is turning heads. It's not just another meme coin. It's tackling real issues like transaction speeds and fees. Pepe Unchained operates on its own Layer 2 chain. This setup offers lower fees and faster transactions. It's already raised a hefty $6.5 million in its presale. Transparency is Pepe Unchained's strong suit. It's undergone two audits and has its own block explorer. Investors can track all transactions on its unique chain. The presale price is currently fixed at $0.0082596. Early birds are earning a juicy 284% APY. It's a tempting opportunity, even in these choppy market waters. As PEPE grapples with its whale-induced troubles, Pepe Unchained is making a splash. The meme coin landscape is evolving. It's out with the old, in with the new. Buckle up, folks. The crypto rollercoaster isn't slowing down anytime soon.

Meme coins have dominated crypto chatter since NFTs took center stage during the pandemic. A recent CoinGecko report reveals they're no joke. Meme coins, real-world assets, and AI accounted for 36% of crypto narrative market share in Q2. But soon that might all be in the past. Meme coins alone made up four of the 15 most popular crypto narratives. They drove spot trading volume on decentralized exchanges (DEXs) up 16% quarter-on-quarter. The top 10 DEXs traded $371 billion in crypto between April and June. Solana DEXs, the meme coin hotspot, saw the biggest jump. Centralized exchanges (CEXs) didn't fare as well. Spot trading volume on leading CEXs fell 12% to $3.4 trillion. Regulatory heat and underperforming VC-backed tokens were to blame. Binance took a hit, but Bybit climbed to second place. It nabbed nearly 13% of total trading volume in Q2. But the meme coin party might be winding down. Analysts point to shifting investor sentiment and market conditions. CoinMarketCap reports meme coin traffic dropped from 23% of total web traffic in Q2 to 15% in early July. Ryan Lee, chief analyst at Bitget Research, told Cryptonews: "Investors may shift towards projects with stronger fundamentals, especially in an economically uncertain market environment." He added, "As the crypto market matures, people increasingly prefer projects with clear use cases, utility, and strong development teams." Meme coins thrive on viral marketing and social media hype. But this can lead to market saturation. It's tough for new meme coins to stand out. In Q2, Solana and Coinbase's Base blockchain saw the most popular launches. Over 1.2 million tokens were released on Solana's Pump.fun, generating $48 million in revenue. By July 30, Pump.fun had raked in more than 506,000 SOL, worth around $93 million. Cat-themed coins like Shark Cat were all the rage. Celebrity-backed tokens also made waves. These included Caitlyn Jenner's JENNER, rapper Iggy Azalea's MOTHER, and Andrew Tate's DADDY. Meme coins' reliance on social media trends is their Achilles' heel. Many crash and burn once the hype dies down. Take BALD, for example. This Base token mocking Coinbase CEO Brian Armstrong soared 3,000% before crashing to zero a day later. The devs vanished with $26 million in liquidity. That's just one of the risks in the meme coin game. Most are purely speculative. Only a handful, like DOGE, Pepe, Floki, and Shiba Inu, have hit $1 billion market caps. The rest? They're struggling to keep their heads above water. Lee predicts tough times ahead for meme coins in Q3. "The trend of declining popularity for meme coins may continue, particularly if broader market conditions remain uncertain or bearish," he noted. He added, "It could result in decreased trading volumes and stagnant prices for many meme coins." But it's not all doom and gloom. Celebrity endorsements could breathe new life into meme coins. Case in point: Solana's Water token. It shot up 350% after football star Lionel Messi's Instagram post. But even Messi's magic couldn't save it from a 95% plunge since its June 26 high. The recent Bitcoin halving might also give meme coins a boost. As traders look beyond Bitcoin, meme coins could capture speculative interest. But without real utility, even star power might not be enough to keep these tokens afloat.

The Solana-based meme coin Billy (BILLY) has defied expectations. Its developer abandoned the project shortly after launch. Yet the community rallied, propelling it to a $200 million market cap. Billy's birth on Pump.fun in early June was inauspicious. The developer sold their entire token holdings within 20 minutes of launch. They netted a mere $1,116. That same amount of BILLY would now be worth $8.65 million. The developer's wallet remains empty of BILLY tokens. Onchain data confirms this fact. As Billy gained traction, the developer attempted to leverage its success. They promoted their newer tokens, claiming association with Billy. This didn't sit well with the Billy community. Tensions flared on Twitter. The developer threatened to delete all project-related social media accounts. It was a make-or-break moment. "It went from fear and panic to this is an opportunity," said Minh Dynasty, a Billy community takeover (CTO) member. He shared this on the 'What's the Meta?' podcast. "There were like 300 people on Telegram all trying to give their input." The community sprang into action. Within hours, they created a new Telegram group, Twitter account, and website. Meanwhile, a core team updated DEX Screener with the new links. Community takeovers are commonplace in the meme coin world. Developers often launch tokens for quick profits. But when investors see potential, they take charge. It's a peculiar phenomenon in the crypto space. Minh Dynasty likened it to a school project. "The teacher isn't like 'you are the leader,'" he said. "It's four people. And somehow they have to find ways to work together." Organization was key. Leaders emerged naturally. Collaboration became the norm. In just a month, a dedicated group formed around Billy's future. The community takeover now involves up to 100 people. They handle various roles, from marketing to social media management. It's a decentralized effort, driven by shared goals. Billy's Twitter following has grown to 11,000. Posters have appeared across New York City. The coin's popularity has skyrocketed as a result. Billy has become Pump.fun's largest meme coin. Its market cap peaked at $215 million. All thanks to a community that refused to let it fade away. "Billy represents crypto. The optimal crypto experience," Minh Dynasty concluded. It's about working together, having fun, and potentially making money along the way. The Billy saga is far from over. Its journey from abandoned project to multi-million dollar asset is a testament to community power in crypto. It's a dog-eat-dog world out there, but Billy's bark seems to have some bite.

Memecoins are crushing it in 2024. Binance Research says they're the hottest thing in crypto right now. The research arm of the top crypto exchange dropped a bombshell. Memecoins are driving crypto awareness this year. They've outperformed all other sectors. "Memecoins have driven a significant amount of activity among traders and captured a notable amount of attention within the crypto community," Binance Research stated. "Considering that memecoins have been the top performing sector year-to-date and have returned a staggering 279%, it is hardly surprising that it has been a sector that has garnered much interest." Two blockchains are spearheading the memecoin surge. They are Coinbase's Ethereum layer-2 chain Base and Ethereum rival Solana. AI-related crypto projects are also turning heads. They've sparked considerable consumer interest. DeFi is making a comeback in 2024. It's not messing around. Binance Research noted, "2024 has seen a substantial influx of capital into Decentralized Finance ('DeFi'), driving the TVL (total value locked) up 72.8% year-to-date ('YTD') to US$94.1B, from US$54.4B at the year's start." This surge has boosted nearly every DeFi sector. Major and niche markets alike are reaping the benefits. New protocols are emerging. They're bringing previously inaccessible financial primitives on-chain. Looking ahead, Binance highlights two more crypto sectors to watch. These are real-world asset tokenization and the growing Bitcoin ecosystem.