News linked to both this project and an event.
Odaily News Trader Bonkguy (unipcs) stated on the X platform that his publicly recorded Meme coin trades from the previous cycle include: BONK growing from $16,000 to over $20 million, WIF growing from $6,000 to over $1 million, FARTCOIN growing from approximately $300,000 to over $8 million, PNUT and POPCAT each growing from low six-figure USD amounts to over $1 million, and MAGA, DOGEGOV, and Roaring Kitty-themed tokens collectively growing from low five-figure and six-figure USD amounts to over $5-10 million.Unipcs stated that despite constant ridicule and claims that he would fail, his judgment has been repeatedly validated. Additionally, Unipcs said he believes USELESS will become the leading Meme coin this cycle, becoming the next DOGE or SHIB with a market cap in the tens of billions, and stated that his conviction in USELESS is stronger than in any previous trade. This is his most representative Meme coin trade of the cycle and the one he is most willing to stake his reputation on.
Odaily News Crypto trader BonkGuy says USELESS is currently his top pick, and his conviction in USELESS now exceeds even his conviction when trading BONK at low levels in 2023.BonkGuy noted that he previously generated substantial returns through Meme coins such as BONK, WIF, Fartcoin, POPCAT, and PNUT — including turning $16,000 into over $20 million through a 6x leveraged BONK position, and growing a $6,000 WIF position to roughly $1.4 million. However, he also stated that these gains were largely wiped out during the "10/10" market conditions.Regarding USELESS, BonkGuy believes its market cap rising from approximately $4 million to $450 million last year was only a "test run," especially given it was not a bull market environment at the time. He anticipates that if USELESS experiences its first full bull market cycle, the price could see a much more significant surge.
South Korean trader Definalist stated on social media that Upbit’s recent listings of WIF and VVV may involve front-running behavior. He claimed that multiple addresses funded by Upbit’s hot wallet purchased WIF prior to its listing on Upbit and rapidly sold their holdings shortly after the listing. A similar pattern was observed with VVV. Additionally, he revealed that Upbit has recently been intensively testing the STABLE token, and suspected front-running wallets also engaged in purchases of this token.
WEEX Exchange has announced the launch of its Meme Ecosystem Week. Users can trade the following meme tokens—PEPE, PENGU, BONK, DOGS, NOT, WIF, FARTCOIN, and TURBO—to share in a $60,000 reward pool. Event Period: May 6, 18:00 – May 16, 18:00 (UTC+8). During the event: - New users who make a net deposit of ≥100 USDT and execute their first spot trade in any of the eligible tokens will receive a mystery box airdrop worth up to $18. - Both new and existing users whose cumulative spot trading volume in the eligible tokens reaches ≥1,000 USDT are eligible to share in a $30,000 prize pool.