ICYMI - Top Weekend Headlines #10

The top news highlights over the weekend.

The top news highlights over the weekend.

Nattynatman

Posted on Jun 3, 2024

In case you missed it, here are the top news highlights over the weekend.

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The summary:


Headlines

The Roaring Kitty tweets, sends GME flying to $100M MC

The Roaring Kitty, famous for sparking the late 2020 surge in GameStop’s price, recently tweeted after a two-week hiatus.

https://x.com/TheRoaringKitty/status/1797418617908154621
https://x.com/TheRoaringKitty/status/1797418617908154621

The influence of The Roaring Kitty is evident from aftermath of memecoin GME, jumping 5x and surpassing $100M market cap within 4 hours.

Source: DexScreener
Source: DexScreener

$MOTHER surges to 85M market cap after Iggy changes her PFP to a Mad Lads

Australian rapper and model, Iggy Azalea, recently came into the crypto scene, launching her own memecoin $MOTHER.

After an initial pump and dump, the narrative shifted when Iggy started to show a genuine interest in learning about crypto, such as adopting a Mad Lads as her Twitter profile picture.

Her involvement appears ongoing, as she continues to join conversations on Twitter spaces, actively push her token with a team of developers and “onboard normal people”.

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https://x.com/cburniske/status/1796918002128208287
https://x.com/cburniske/status/1796918002128208287

NFTStats reports “fake volume” on Magic Eden

A series of screenshots of trading activity of top collections like Punks were shared by NFTStats, claiming that the “fake volume” or wash-trading is what’s really behind MagicEden’s ascension to “dominating ETH NFT volume”.

https://x.com/punk9059/status/1797003129239556131
https://x.com/punk9059/status/1797003129239556131

Pump.fun is now earning 750k each day post-hack, now with $30M total revenue

Amidst the celebrity memecoin frenzy, Pump.fun, a platform for launching memecoins, is benefiting the most, having recently reached $30M in revenue since its launch in January.

https://x.com/tryPluid/status/1797232411484234087
https://x.com/tryPluid/status/1797232411484234087

They charge a 1% fee on trades and a small amount of SOL for tokens that reach live trading on Raydium.


Cobie tries to buy CryptoPunks IP but Yuga Labs say it’s not for sale

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That's all folks - that should catch you up. Now let's start the week off strong

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Nattynatman

@nattynatman

Pluid's Content Lead