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A widely followed crypto trader is issuing a warning on two artificial intelligence (AI)-based altcoins, saying that history shows a 50% drop would be the best-case scenario for them. In a new thread on the social media platform X, pseudonymous crypto analyst Altcoin Sherpa tells his 237,500 followers on the social media platform X that AI-focused projects ai16z (AI16z) and Zerebro (ZEREBRO) being listed on Binance futures is likely a sell-on-news event. According to Sherpa, recent history shows that when assets are listed on Binance futures, they tend to see sharp decreases in price. The trader cites memecoins Fartcoin (FARTCOIN), Just a chill guy (CHILLGUY), Moo Deng (MOODENG), Goatseus Maximus (GOAT) and Peanut the Squirrel (PNUT) as examples. “I own both ai16z and Zerebro and they’ll be listed on Binance futures. Recent history shows that this is NOT a bullish event and you can generally expect anywhere from -50% retrace (FARTCOIN) as the best-case...

Hundreds of Liam Payne memecoins created minutes after his death Almost 150 memecoins themed around the death of One Direction singer Liam Payne have been created on the crypto platform Pump.fun merely minutes after his passing was announced. The first memecoin themed around Payne’s death was created yesterday at 9:29 PM (UTC+1), minutes after his death took place at around 5 PM in Argentina (UTC−3). Payne fell from the third floor of his hotel balcony shortly after police received a phone call reporting an “aggressive man who could be under the influence of drugs or alcohol.” Officials found his room trashed, with various drug paraphernalia littered in the bathtub and across the floor.  Then, throughout the night and into the morning, 142 memecoins were created in an attempt to exploit the news of the singer’s death. Just a handful of Liam Payne memecoins. Read more: Research finds less than 0.002% of Pump.fun memecoins succeed The majority of the Payne ...

During mid-March’s meme coin mania, a number of founders raised millions of dollars using a ridiculously simple technique — namely, posting wallet addresses to X (formerly Twitter). Indeed, founders using Solana’s blockchain raised $122 million for 27 meme coins by doing this. Recently, however, the technique hasn’t been working quite as well. Last week, prominent meme coin founder on Bitcoin Runes raised less than $200,000 using the same technique, indicating that at least a hint of sobriety has displaced degeneracy in meme coin markets. Meme coins have also been shedding value. During the past 30 days, Dogelon Mars has declined 13%, Mog Coin is down 19%, Coq Inu is down 29%, Toshi is down 26%, PepeFork is down 34%, Doge Killer is down 26%, and Milady Meme Coin is down 26%. Slerf is just one of the many Solana-based meme coins that have seen their values plummet. Read more: Weeks after Solana’s meme coin peak, crowdsales continue on Base Meme coin founders aban...