Posted 2/4/2024, 4:31:02 PM
Volatile Launches and Controversies Shake New Meme Coins While Buterin Steps Back
- Wen meme coin sees volatile launch and price fluctuations, with nearly 39% of tokens unclaimed and burned worth over $35 million
- Jupiter's JUP token faces backlash over token allocation and structure, argued to enrich the Jupiter team like an ICO
- Jupiter founder Meow defends against "FUD," emphasizing any holder can sell JUP for 7 days post-launch
- Andrew Tate stirs controversy by tweeting about a potential meme coin launch, then deleting tweet and bashing crypto
- Vitalik Buterin announces he no longer wants to be the face of the crypto industry, moving to a "new phase of life"