Memecoins See Renewed Hype as Newcomer Bonk Spikes 400%
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Dog-themed memecoins like Dogecoin and Shiba Inu are seeing renewed hype and price increases. The new memecoin Bonk has spiked over 400% this month.
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The hype around Bonk and the Solana Saga phone has also benefited other coins like Dogwifhat. Retail interest in crypto seems to be returning.
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Algorand CEO Staci Warden discusses the blockchain's ecosystem, decentralization, and real use cases being built during the bear market in the latest podcast episode.
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Financial web3 data startup Tres raised an $11 million Series A round. Gaming company Nexon invested $100 million into its web3 venture MapleStory Universe.
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Electric scooter company Bird has filed for bankruptcy. Investors say some private company valuations are still too high.