China News Daily TheBitTimes.com

Concerns are rising that meme coins are “over” after the Libra rug pull left investors reeling. The Solana-based LIBRA, endorsed briefly by Argentine President Javier Milei, soared to a $4.5 billion market cap before plummeting 80% within hours, resulting in massive losses for many. Milei has denied direct involvement, while Kelsier CEO Hayden Davis told Coffeezilla that he was behind both the LIBRA and MELANIA meme coins, and sniped both tokens when they went live. Meme Coins ”Cooked” After Series Of Unfair Launches Following the collapse of the LIBRA token, and the implosions of the Official Trump and MELANIA meme tokens, the meme coin sector’s credibility has taken a heavy blow. The sector is ”cooked,” said Nic Carter, a partner at Castle Island Ventures, in a Feb. 19 post on X. “A sense of gloom and cynicism pervades crypto, because memecoins in a sense were considered the last ‘fair’ terrain where anyone could make ...

The Pi [IOU] price surged 13% in the past 24 hours to trade at $128 as of 03:03 a.m. EST on trading volume that rose 39% to $786k. This increase in the PI price comes after Pi Network announced that it will be transitioning to an open Network on Feb. 20, at 8:00 a.m. UTC. Following the announcement, OKX said that it will activate trading for the PI token. 📢 #NewListing #OKX will list $PI @PiCoreTeam! 🟢 $PI/USDT Spot trading will begin at 8:00 AM on February 20 (UTC) More: https://t.co/HeKW5ergKh pic.twitter.com/pTy46CVZ8e — OKX (@okx) February 12, 2025 Pi [IOU] Price On A Bullish Rally The PI price has recently displayed a massive breakout, sending its price skyrocketing. Prior to this strong move, the price of Pi [IOU] was consolidating in a falling wedge pattern. A falling wedge is typically a bullish reversal pattern, which played out as expected. The breakout from this wedge was followed by a parabolic upward movement. The 50-day Simple Moving ...

Meme Index ($MEMEX) offers structured exposure to the booming $120 billion meme coin market and has already raised $3.5 million in its presale. By introducing different indexes, investors can customize their exposure—whether to established blue-chip tokens or high-risk, high-reward emerging assets. Meme Index Presale Raises $3.5M as MEMEX Offers Exposure to Top and Emerging Meme Coins Meme Index operates through the MEMEX token, allowing users to buy and stake for rewards. The project has already raised $3.5 million in its presale, with the token currently priced at $0.0160993. Each presale phase increases the price, benefiting early adopters. Staking offers an impressive 640% APY, making it highly attractive for passive income seekers. Investors can purchase $MEMEX using ETH, USDT, BNB, or a bank card, while Best Wallet users can buy directly through the app. For more details, check out our guide on how to buy $MEMEX. The Meme Index platform categorizes meme coins into four...

Meme Index ($MEMEX) is quickly gaining traction in the meme coin space, with its ICO hitting an impressive $600K on Friday. The new meme coin project offers a fresh and innovative approach to a market that has gained massive traction. In 2024, meme coins hit a collective valuation of $137 billion, proving they’re more than just a passing trend. But with so many meme coins flooding the space, picking the right one for significant returns can be a gamble. That’s where the Meme Index comes in. By offering exposure to multiple meme coin indexes, it allows investors to tap into a diverse portfolio, spreading risk while maximizing potential upside. Its native token, $MEMEX, is the key to accessing these indexes. Meme coins are set to continue growing in influence, and as a meme coin packed with utility across the Meme Index ecosystem, $MEMEX stands out as the go-to token for future growth. There are only less than two days left to get $MEMEX at it...