Meme coins have stolen the spotlight this Bitcoin halving cycle, and they've offered unparalleled opportunity to at least some participants.
As BAYC wanes, celebrities like Caitlyn Jenner and Elon Musk are driving meme coins that apparently trigger volatile market swings.Jenner's JENNER coin, launched on May 26, hit $43 million in market capitalization before declining. Part of its revenue now supports former President Trump's reelection. Iggy Azalea is also joining the meme coin trend.
Hamster Kombat recently surpassed Notcoin, claiming more than 150 million users and 31 million daily active users — which is stunning growth. On June 3, their tweet showedCrypto fans are more optimistic. Hamster Kombat's success shows the appeal of blockchain games and the potential of the TON platform. It sets a promising precedent for blockchain gaming.In the last 90 days, meme coins have shone brightly in the crypto market.
These categories can help to interpreting the lifecycles of meme coins along with their risks. Despite holthe potential to reshape communities and drive innovation, they face ethical issues such as market manipulation.
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