South Korean prosecutors uncover a Fusionist (ACE) token price manipulation scheme, exposing fraudulent trading tactics that inflated volumes and generated $4.8 million in illicit profits, marking a key enforcement of the Virtual Asset User Protection Act. The post South Korean Prosecutors Uncover Fusionist (ACE) Token Price Manipulation Scheme appeared first on Cryptonews.

After recording a bearish weekend, the bearish influence over the crypto markets escalated. With the huge drop in the S&P 500, the crypto markets also slashed, wiping out over $200 billion. The major tokens like Bitcoin, Ethereum, and Solana faced huge pullbacks, forming fresh bottoms.

For meme coin projects, 2024 was a year of tremendous volatility, characterized by sharp declines, quick expansion, and well-publicized scandals.

Binance, a leading crypto exchange, has informed the delisting of spot trading pairs for several tokens, sparking speculations. The tokens are Fusionist (ACE), AC Milan Fan Token (ACM), Book of Meme (BOME), Dymension (DYM), Metal DAO (MTL), Pixels (PIXEL), QuarkChain (QKC), Radworks (RAD), and Renzo (REZ).

With the hype growing around memes, here are the top 10 Memecoins to watch this November 2024, being the top 10 memecoins of October 2024 by monthly performance.

Book of Meme surged in the past 24 hours as meme coins led the crypto market rally on Oct. 18. Following Bitcoin's (BTC) impressive rise above $68k, meme coins have taken the spotlight. Dogecoin (DOGE) jumped 10%, reaching an 11-week high, while other dog-themed tokens like Brett, Bonk, and Popcat also saw significant gains.

The crypto market sentiments appear to have flipped in favour of the bulls the traders have displayed some confidence. Besides, the volume remains restricted below $100 billion, which suggests a large chunk of them remain uncertain of the upcoming trend. Meanwhile, the memecoins have gained significant attention, mostly the newly launched ones.

As the Bitcoin Open interest across all exchanges hits a new all-time high at $19.75B, the crypto market is ready for a bull run. As the market sentiments improve, the meme coins are leading the way with massive growth. Wondering which meme coin to buy as FOMO kicks in? Worry not.

Memecoins made full use of the return of bullish sentiment on Monday, with the less established ones topping the biggest market gainers list. What happened: Solana (CRYPTO: SOL)-based BOOK OF MEME pumped over 28% to become the best-performing cryptocurrency in the last 24 hours.

Solana meme coins are rising in dominance, challenging those minted on Ethereum and even the first of them all, Dogecoin. While Dogecoin is the most valuable, it increasingly faces stiff competition from Pepe and Shiba Inu.

The crypto prices today have birthed considerable investor optimism globally, illustrating rising trajectories. Bitcoin (BTC) price gained notably to top the $64K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded in the green territory.

With the price volatility in the crypto market recording a new high, the Bitcoin price has successfully surpassed $63k with an intraday gain of 5.13%. Following this, the memecoin market cap crossed the $41 billion mark for the first time in about a month.

Amid the ongoing broader market correction, investor interest in meme coins has significantly declined, hitting some of the most popular tokens the hardest.

The meme coins market has dropped from $48.28 B in the beginning of August to $38.4B by the end of August 2024. However, a few meme coins are showing possible surges and reversals in the next month, they are Popcat, Shuba Inu, Floki, and Bome.

The short-lived rally in Solana-based meme coins has come to an abrupt end, with Bonk (BONK), Cat in a Dog's World (MEW), and Book of Meme (BOME) ranking as the top assets leading the decline.

Cryptocurrency prices were on edge on Tuesday as investors watched the performance of Bitcoin and other big coins. Bitcoin was trading at $66,530, much lower than this month's high of $70,000.

Cryptocurrency prices continued their strong rebound on Monday as investors reflected on the recent Bitcoin conference in Nashville. Bitcoin roared back above $70,000 for the first time since June 7th. Most meme coins and altcoins also bounced back on Monday. Book of Meme (BOME), a new Solana meme coin, rose to $0.

The crypto prices today mainly took a bearish turn after remarkable gains witnessed recently. Bitcoin (BTC) price slipped back to the $66K level, whereas Ethereum (ETH), Solana (SOL), and XRP tanked 0.7%-6%.

The Solana blockchain boasts several prime memecoins, but four projects stand out for their excellent profit potential: Husky Inu ($HINU), Bonk ($BONK), Dogwifhat ($WIF), and BOOK OF MEME ($BOME).

Imagine a fluffy bunny with twinkling eyes, hopping through the crypto cosmos, leaving stardust profits behind. That's MOONHOP Meme Coin! Cute but powerful, market experts hail it as the top meme coin presale of the year, with potential returns of over 1,000% (fluffin' amazing, right?).

The memecoin industry grew explosively over the past few years, with daily new projects. Navigating the plethora of memecoins is daunting, and investors must carefully decide which projects to back.

The crypto markets appear to be recovering as Bitcoin price rises above $59,000. This move appears to have extracted maximum liquidity as the volumes of the popular memecoins have drained by more than 40%.

No sooner than the Bitcoin price demonstrated a bullish rebound, the markets flipped into a bullish favour. Memecoins also gained immense strength as the popular ones surged with double-digit gains.

Mog Coin surges 8.98%, flipping BOME by market capitalization amid positive ETH ETF developments.

Among the top 8 meme coins by market capitalization, BOME has emerged as a standout performer, registering a 6% increase this week—the highest among Solana meme coins.

The broader market starts early, with Bitcoin preparing a bounceback from the crucial psychological support of $60,000. As meme coins are the bull run torchbearer this year, smart money closely follows trend reversals and the launch of new and trending coins.

The broader market starts early, with Bitcoin preparing a bounceback from the crucial psychological support of $60,000. As meme coins are the bull run torchbearer this year, smart money closely follows trend reversals and the launch of new and trending coins.

In the last 24 hours, Solana-based memecoins have surged, posting double-digit gains. This bullish trend follows heightened market speculation triggered by investment firm VanEck's recent filing for the first Solana ETF in the United States.

Starting the week's trade on a bearish note, Bitcoin lost one of its important supports at $63,500, which caused the price to drop below $62,500. This move has caused the memecoin space to lose over 5% of its market cap as the trading volume soars by above 18% in the past 24 hours.

Coinbase recently announced that its Book of Meme (BOME) and Notcoin (NOT) perpetual contracts entered post-only mode on both Coinbase International Exchange and Coinbase Advanced. Following this announcement, both Book of Meme and Notcoin experienced notable price rallies.

In an attention-nabbing development witnessed today, June 14, Notcoin (NOT) and Book Of Meme (BOME) cryptos have seen a significant price rally despite the broader market's tumbled movement. NOT price rallied nearly 20%, whereas BOME price surged 14% in the past 24 hours.

Solana meme coins continue sideways trading with bulls attempting a major price recovery. The last 24 hours have seen several crypto assets lose value while others posted slight gains.

BOOK OF MEME (BOME) price is observed as macro bullishness, but it is facing bearishness on the micro-scale.

The market dynamics appear to have changed as the meme coins's strength has waned to some extent. These fluctuations have occurred very frequently in recent times, indicating the tokens have become more volatile. This could keep the trader's attention over the memecoins, which may prevent them from extending their descending trend.

With the resurfacing of memecoins in the cryptocurrency industry, top tokens have recorded a strong bullish price action by adding significant valuation to their respective portfolios. Moreover, the Solana ecosystem's memecoins have regained momentum, resulting in them recording a bullish reversal.

As the price of Bitcoin holds strong above the $67K mark, the crypto market has recorded a significant increase in the buying and selling pressure. Moreover, top tokens have successfully surpassed their important resistance levels, suggesting a bullpower in the crypto space.

BOME and BONK registered promising price upticks, but WIF's value had dropped over the last week.

BOME has seen renewed inflows on the back of the positive United States Consumer Price Index (CPI) which has flipped market sentiments. The wider crypto market has seen renewed flows with Bitcoin hitting $66,000.

Following a highly turbulent price action, the meme coin sector has seen a collective revival, drawing substantial investor interest across the global crypto realm. Notably, popular meme-based cryptocurrencies, including DOGE, PEPE, FLOKI, and BOME, have all experienced a considerable uptick in prices in the past 24 hours.

Recent data highlights notable price and trading fluctuations in meme coins such as FLOKI, Book of Meme, and DOGE.

Meme cryptocurrencies dominated other cryptos for several weeks, but May revealed some meme coins to avoid.

Last week, volatility in the cryptocurrency market resulted in a staggering loss of $100 billion. This decline was reflected in the global cryptocurrency market cap, which decreased by 4% to $2.36 trillion at the time of writing.

MEW's explosive price growth last month allowed it to compete with BOME in terms of market capitalization.

The memecoin category has displayed a significant price action following the Bitcoin Halving, indicating a rising interest among investors for these tokens. Furthermore, top memecoins have recorded a significant surge in their respective portfolios over the past seven days.

Binance, a leading cryptocurrency exchange, has once again triggered discussions among investors with its announcement to expand support for BOME, TIA, and MATIC tokens. Meanwhile, this move has sparked a significant rally in the prices of Book of Meme (BOME), Celestia (TIA), and Polygon (MATIC), underscoring the growing confidence in these cryptocurrencies within the market.

Binance Futures is set to expand its trading offerings by launching USDC-margined perpetual contracts for BOME, TIA, and MATIC cryptocurrencies. These contracts will provide traders with leverage of up to 75x, allowing for enhanced trading opportunities.

Buying pressure from whales increased on BOME after the market crashed a few days ago.