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Memecoin

Fake CR7 Meme Coin Rug Pulls $5M on Solana

by Ouess
written by Ouess

The dangerous trend of celebrity-themed meme coin scams has struck again. A new token branded as the “CR7” meme coin launched on the Solana blockchain, skyrocketing to a $5 million market cap on pure hype before crashing to near zero in a classic rug pull. This incident mirrors a previous scam that saw investors lose $143 million, highlighting the critical risks in the unregulated meme coin space.

The $5 Million Pump and Dump

According to reports from BlockBeats, the token launched in the early hours of August 26. Fueled by speculation and posts on X (formerly Twitter), it experienced a meteoric rise.

  • The Pump: Soared to a $5 million market cap within just six hours.
  • The Dump: Crashed shortly after, with its market cap plummeting to just $359,000.
  • The Volume: Despite the crash, it recorded a staggering $55.1 million in cumulative trading volume, showing how many traders were caught in the frenzy.

This pattern is a textbook example of a pump-and-dump scheme, where creators hype the asset and then sell their holdings, collapsing the price.

A Recurring, Dangerous Pattern

This is not the first time Ronaldo’s name and fame have been exploited. Earlier this year, another fake CR7 token achieved a $143 million valuation in under 15 minutes before instantly crashing 98%.

Several copycat tokens have appeared on Solana, though most fail to gain significant traction. This recurring theme underscores a massive problem: bad actors are relentlessly targeting the passionate fans of celebrities with these fraudulent launches.

The Official Record: Ronaldo’s Only Web3 Move

It is crucial for investors to know the facts. Cristiano Ronaldo’s only confirmed venture into Web3 is his partnership with Binance, which began in 2022. This collaboration has produced four NFT collections.

There has been no official announcement from Ronaldo, his team, or Binance regarding an “official” CR7 meme coin. Any claims otherwise are false and are designed to create fraudulent hype.

A Word of Extreme Caution

The Solana meme coin ecosystem, while innovative, is rife with risk. Platforms like Pump.fun have generated over $800 million in revenue, showing the immense appetite for new tokens. However, the recent crash of Kanye West’s YZY token—where over 90% of the supply was held by just six wallets—is another stark reminder.

Always Do Your Own Research (DYOR). If something seems too good to be true, it almost always is. Investing in celebrity-themed tokens without verified, official links is incredibly risky and often leads to a total loss. Stick to reputable projects and exchanges to protect your capital.

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Memecoin

Did a TRUMP Coin Whale Also Snipe Kanye’s YZY Token?

by Ouess
written by Ouess

New on-chain research is raising eyebrows in the memecoin world. Blockchain analytics firm Bubblemaps has uncovered a fascinating connection: at least one investor who made millions on the TRUMP and LIBRA token launches was also among the very first to buy Kanye West’s YZY memecoin.

This discovery is fueling debate over whether this is a case of incredible timing and skill or something more calculated.

The “Super Sniper” Wallet

According to the report, a specific wallet (abbreviated as AwY1V) made the first significant YZY purchase on launch day, snapping up $250,000 worth of the token the moment it went live.

Bubblemaps found strong on-chain links connecting this wallet to addresses that were also early buyers of other major memecoins like TRUMP, LIBRA, and HAWK. The firm’s analysts believe the owner, reportedly named Naseem, likely used a network of addresses to maximize profits across all these launches.

A Track Record of Massive Profits

This isn’t Naseem’s first rodeo. He first made headlines by turning a $1.1 million investment in the TRUMP memecoin into a staggering $100 million+.

His success with YZY followed a similar pattern. Bubblemaps reports that the AwY1V wallet sold part of its initial YZY investment for $800,000, while still holding another $600,000 in tokens (at the time of their analysis).

However, it’s crucial to note that YZY’s price has cratered since then, plummeting roughly 93% from its peak.

The Million-Dollar Question: Skill or Insider Knowledge?

The consistent ability to be first in line for every major celebrity memecoin launch has analysts asking tough questions.

How does one investor repeatedly position himself at the epicenter of these explosive, high-profile launches? Bubblemaps put it bluntly: “Is it pure skill, or does he know something more?”

This pattern suggests one of two things:

  1. Uncanny Skill: This individual possesses exceptional research and timing to identify and act on these launches faster than anyone else.
  2. Privileged Access: They may have prior knowledge or connections that give them an early advantage.

The Bottom Line

The discovery highlights the extremely high-risk, “wild west” nature of the memecoin market. While the potential for life-changing gains exists, so does the potential for significant information asymmetry, where well-connected players may have an unfair advantage over the average retail investor.

For anyone considering investing in celebrity memecoins, this serves as a critical reminder: always do your own research (DYOR) and be aware that you might be competing against players who are already several steps ahead.

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Memecoin

MOONPIG Price Crash Sparks Rug Pull Fears

by Ouess
written by Ouess

Solana meme coin MOONPIG has taken a nosedive, dropping over 30% in 24 hours and more than 60% from its all-time high. The sudden crash has raised alarms across the crypto space, with rumors swirling of a possible rug pull involving prominent trader James Wynn.

From Meme Coin Hype to Sharp Decline

Just days ago, MOONPIG was one of the hottest tokens on Solana. The coin surged 1,500% in 21 days, rising from $0.003 in early May to a peak of $0.135 by May 24, 2025.

MOONPIG Price Source : Dexscreener

Several early investors made millions during this meteoric rise. On-chain data from Lookonchain shows that one TRUMP token whale turned $7,619 into $1.4 million with MOONPIG. Similarly, another trader who spent just $2,000 on May 19 walked away with the same seven-figure gain in under three weeks.

At its peak, MOONPIG reached a market cap of $113 million, making it a standout among meme coins.

Sell-Off Sparks Rug Pull Accusations

The crash began shortly after the peak. On May 24, PumpSwap charts revealed a major sell-off, with red candles dominating the chart. The coin plummeted to $0.054 by May 26, wiping out much of its gains.

https://twitter.com/Chilearmy123/status/1926739496206286985

Users on X (formerly Twitter) began pointing fingers. Some accused James Wynn — a major trader on Hyperliquid — of orchestrating the pump and dump. According to crypto influencer Chilearmy123, Wynn purchased 3% of MOONPIG’s supply, hyped the coin, then cashed out with a 1,500x profit.

James Wynn Responds to Accusations

Wynn responded on May 25, denying any wrongdoing. He clarified on X that he was not the developer of MOONPIG, nor was he behind the sell-off. He claimed to be only an investor with no intent to manipulate the market.

https://twitter.com/JamesWynnReal/status/1926731812077752622

Despite his statement, skepticism remains. Critics allege Wynn was paid $9 million by Hyperliquid to open a BTC position worth $1.2 billion, fueling speculation about his broader trading activities.

Community Defends Wynn — Partially

Not everyone is convinced Wynn acted maliciously. Blockchain analytics platform Stalkchain revealed that Wynn spent over $600,000 to buy 17 million MOONPIG tokens. He reportedly locked liquidity, added structure, and promoted the coin openly.

“Would someone spend $600K+, build infrastructure, and go public with his identity… just to rug for a few percent?” Stalkchain questioned.

Price Recovery in Sight?

Despite the drama, MOONPIG is showing signs of life. At the time of writing, it’s trading at $0.07978, bouncing back from its sharp dip. Whether the coin can regain its momentum remains to be seen, but the crypto world is watching closely.

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Memecoin

Solana Meme Coin FARTCOIN Drops 31% – What’s Next?

by Ouess
written by Ouess

FARTCOIN has plunged 31% in the past week, facing weak demand and strong selling pressure. Will it rebound or sink to a two-month low?

FARTCOIN Faces Strong Selling Pressure

The meme coin FARTCOIN has struggled in the past week, losing 31% of its value. With bearish sentiment growing, the coin could drop even further, possibly hitting its lowest price in two months.

At the time of writing, FARTCOIN is trading below its 20-day Exponential Moving Average (EMA) at $1.04. This EMA now acts as a resistance level, making it difficult for the token to recover unless demand increases.

Technical Indicators Signal Bearish Momentum

The 20-day EMA tracks an asset’s average price over the past 20 days, giving more weight to recent prices. When a token trades below this key level, it signals a bearish trend.

Adding to the downward pressure, FARTCOIN’s Relative Strength Index (RSI) sits at 40.22, indicating weakening buying activity.

📉 Key RSI Takeaways:

  • RSI above 70 → Overbought, potential correction.
  • RSI below 30 → Oversold, possible rebound.
  • RSI at 40.22 → FARTCOIN is in a bearish zone but not yet oversold.

This suggests that selling pressure remains strong, and unless demand picks up, FARTCOIN could see further declines.

FARTCOIN Price Prediction – What’s Next?

Using the Fibonacci Retracement tool, analysts predict that if demand remains weak, FARTCOIN could fall to $0.14—a price last seen on December 3.

However, if buyers return and push the price above $1.04 (20-day EMA), FARTCOIN could recover toward $1.13.

📊 Potential Scenarios:
✔️ Bullish case: Breaks $1.04, targets $1.13.
❌ Bearish case: Drops to $0.14 if demand stays low.

The coming days will be crucial in determining FARTCOIN’s fate—will it rebound or continue sinking?

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Story

Melania Meme Coin Price Drops to All-Time Low After Whale Sell-Off

by Ouess
written by Ouess

The Melania meme coin price has plummeted to a record low of $2.57 following a massive sell-off by a crypto whale. This event has triggered concerns about the token’s future and credibility.

Crypto Whale Profits $42.7M From Melania Meme Coin

A recent post by Lookonchain revealed that a crypto whale sold a large portion of Melania meme coin holdings, causing the price to crash. The whale initially purchased 4.1 million MELANIA tokens for 2,500 SOL (approximately $688,000). Capitalizing on the market hype, the whale strategically sold the tokens, making a staggering $42.7 million profit.

Initially, the whale sold 203,000 MELANIA for 2.14 million USDC. Today, they sold the remaining 5 million tokens, pushing the price to an all-time low. The token’s value had previously peaked at $13.73 but has now dropped 80%, leading to significant losses for investors.

Melania Meme Coin Price: What’s Next?

The mass sell-off has resulted in a 32% price drop in a single day, with Melania meme coin price hitting $2.57. According to CoinMarketCap, trading volume has also declined by 50%, currently standing at $309.43 million. This indicates fading investor interest and growing skepticism.

Despite its initial popularity as the official cryptocurrency of FOTUS, both TRUMP and MELANIA coins have struggled with volatility and profit-driven trading. Many traders are now facing substantial losses due to the declining prices.

Can Melania Meme Coin Recover?

Meme coins are known for their high volatility, and the current downtrend reflects investor panic. However, some analysts believe that Melania coin could recover, driven by political associations and renewed hype around Trump-related cryptocurrencies.

Conclusion

The crypto market continues to monitor the performance of TRUMP and MELANIA meme coins closely. The recent whale sell-off, resulting in a $42.7 million profit, highlights the risks and opportunities within this volatile space. While some experts anticipate a potential rebound, the current market sentiment remains uncertain.

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Memecoin

Melania Trump Launches Meme Coin MELANIA, Sparking Market Turmoil

by Ouess
written by Ouess

Melania Trump has shaken up the crypto market with the launch of her meme coin, MELANIA. This move comes just days after Donald Trump introduced his TRUMP token. Within hours, MELANIA’s market cap soared past $8 billion, generating both excitement and skepticism.

TRUMP Token Declines Following MELANIA’s Debut

On January 20, Melania Trump announced the launch of MELANIA on X . According to Dextool, the token was trading at $8.04, with a market capitalization exceeding $8 billion.

https://twitter.com/MELANIATRUMP/status/1881087523847593995

Meanwhile, Donald Trump’s TRUMP token, which initially saw impressive gains, experienced a significant drop in value following the MELANIA launch. TRUMP’s market cap plummeted from $15 billion to $10 billion, with its price dropping from $74.60 to $49.29.

Analyst Speculates on the Trumps’ Strategy

Crypto analyst Zack Guzman speculated that the Trumps launched their tokens swiftly to avoid potential legal issues. He pointed out that delaying further could have exposed Donald Trump to accusations of abusing his office for personal gain, a violation that could lead to impeachment.

https://twitter.com/zGuz/status/1881121163285508504

Additionally, the official MELANIA website clarifies that the token is not an investment opportunity but rather an expression of support. Despite this, concerns about the token’s legitimacy arose, with some users speculating that Melania’s X account might have been hacked.

Community Reactions and Concerns

Coinbase’s Conor Grogan dismissed fears of MELANIA being a scam, suggesting that the project was managed by a different team than TRUMP. He noted that while TRUMP appeared to have professional market makers, MELANIA seemed less structured.

However, skepticism persisted. Guzman shared his frustration with failed transactions on the Solana network, questioning the legitimacy of the entire process.

In response, Messari founder Ryan Selkis criticized the launch, urging Trump to remove those behind the MELANIA project, arguing that they lacked competence and were damaging his reputation.

What Lies Ahead for the Trumps’ Crypto Ventures?

As the Trumps continue to navigate the meme coin market, the rapid fluctuations in value and the controversies surrounding their launches have sparked intense debate. Whether these tokens will sustain their initial success or face further scrutiny remains to be seen.

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Story

MIRA Token: A Meme Coin with a Mission

by Ouess
written by Ouess

Meme coins have dominated the 2024 crypto market as profit-driven investments. However, the MIRA token’s story proves they can also create meaningful societal change.

A Personal Journey Inspires a Community

In September 2024, Siqi Chen, founder of Runway, revealed heartbreaking news about his 4-year-old daughter Mira’s diagnosis with a craniopharyngioma. This rare brain tumor, though benign, was in a critical part of her brain.

Following successful surgery, Mira’s health improved. During her treatment, well-wishers suggested fundraising for her care. Instead, Siqi encouraged donations to children’s brain tumor research.

The Birth of the MIRA Token

An X user named Waddles created the MIRA token on Solana to support research efforts. Half of the token supply was sent directly to Siqi, who pledged to donate 100% of the proceeds to brain tumor research.

He began selling 1% of his MIRA holdings daily, posting regular updates on his sales. Despite expectations of a price drop, the token’s value skyrocketed, with Siqi’s holdings exceeding $14 million.

Community Support Fuels Unprecedented Growth

MIRA’s story spread quickly across social media. According to GeckoTerminal, its market cap surged past $80 million, with trading volumes topping $100 million. The token’s value climbed not just due to FOMO but also the collective desire to contribute to a meaningful cause.

This immense support turned the MIRA token into a symbol of hope and community-driven impact.

Challenges of Fake Tokens

Unfortunately, the MIRA token’s success attracted opportunists. Fake tokens using images of Siqi Chen’s family began circulating on platforms like Pump.fun. This highlights the need for vigilance in the crypto space.

Meme Coins as Tools for Change

The MIRA token’s success aligns with Ethereum co-founder Vitalik Buterin’s belief that meme coins can serve a greater purpose. MIRA proved that these digital assets can be more than speculative investments—they can unite communities for impactful social causes.

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Memecoin

FARTCOIN Price Analysis: Rebound or More Decline?

by Ouess
written by Ouess

FARTCOIN recently hit an all-time high, reaching a market cap of $1.2 billion on December 20. However, it faced a sharp correction, with its value dropping 30% to $882 million. Despite this dip, the token surged 33% in the last 24 hours, signaling a possible recovery.

RSI Signals Neutral Momentum

FARTCOIN’s Relative Strength Index (RSI) stands at 53.5, up from 36 just a day ago. This jump indicates strong buying momentum, moving the token from oversold conditions into a neutral range.

FARTCOIN RSI. Source: TradingView

The RSI measures price changes on a scale from 0 to 100. Values above 70 signal overbought conditions, often preceding corrections, while those below 30 suggest oversold states that may lead to rebounds.

Currently, FARTCOIN’s RSI indicates room for upward movement if buying pressure continues. However, as RSI nears 70, market stabilization or resistance may occur.

BBTrend Highlights Bearish Pressure

The BBTrend indicator, derived from Bollinger Bands, is at -25.45, its lowest level since December 7. This negative value reflects intensified selling pressure and a strongly bearish market state.

FARTCOIN BBTrend. Source: TradingView.

BBTrend evaluates the relationship between an asset’s price and its Bollinger Band midpoint. Negative values suggest bearish momentum, while positive ones indicate bullish conditions.

With FARTCOIN in a bearish zone, a recovery will depend on stabilizing or reversing this trend. Until then, sellers may dominate.

Price Prediction: A Path to $1 or More Decline?

FARTCOIN faces strong resistance at $0.92, a critical level for a bullish breakout. If it surpasses this threshold, the token could rally to $1.299, offering a potential 50% upside.

However, bearish indicators like BBTrend and RSI suggest that downward pressure remains. If selling intensifies, FARTCOIN could drop to its strong support at $0.55, representing a possible 36% decline.

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Memecoin

FARTCOIN Surges 257% Amid Meme Coin Mania

by Ouess
written by Ouess

FARTCOIN, one of the most talked-about meme coins, has defied expectations with a 257% weekly surge. The token recently hit a new all-time high (ATH) of $0.60 after a 58% jump in just one day, captivating both investors and critics.

Rising Inflows Show Mixed Sentiment

FARTCOIN’s recent surge has sparked investor interest, with the Chaikin Money Flow (CMF) indicator showing increased inflows. Despite this uptick, the CMF remains below the zero line, indicating mixed sentiment. Many investors are intrigued but hesitant to commit significant capital, reflecting caution in a speculative market.

FARTCOIN CMF. Source: TradingView

Technical Indicators Signal Volatility

On the technical front, FARTCOIN’s Relative Strength Index (RSI) is firmly in the bullish zone. However, it recently spiked into overbought territory, often a precursor to price corrections. This aligns with historical patterns in speculative assets, where sharp rallies are frequently followed by pullbacks.

FARTCOIN RSI. Source: TradingView

The current momentum appears fueled by FOMO (fear of missing out), suggesting that the market may be overreacting to short-term gains.

Price Prediction: Will FARTCOIN Hold Its Gains?

FARTCOIN’s market cap has surpassed $500 million, solidifying its position among valuable altcoins. The token’s next moves remain unpredictable, with a strong likelihood of volatility.

If the price consolidates above the $0.37 support level, FARTCOIN could gain momentum for another rally. However, failure to hold this support might lead to a drop toward $0.26 or lower, signaling a potential reversal in the current bullish trend.

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Memecoin

PNUT Price Rally: Can It Overtake POPCAT in Market Cap?

by Ouess
written by Ouess

PNUT is gaining traction as one of the top 10 meme coins, showing signs of bullish momentum. Recent indicators suggest the token could extend its rally, but risks of correction remain.

PNUT Buying Pressure Gains Strength

PNUT’s price is climbing, supported by a rising Average Directional Index (ADX). The ADX has jumped to 17.5 from under 9 in just one day, signaling improving trend strength. While the ADX is below the 25 threshold that indicates a strong trend, the rapid increase suggests growing buying pressure.

PNUT ADX. Source: TradingView

If this momentum persists, PNUT could see a stronger uptrend. The ADX highlights the potential for continued price growth as market conditions remain favorable.

PNUT RSI Indicates Room for Growth

The Relative Strength Index (RSI) for PNUT has surged to 64.7, up from below 50 the day before. This reflects stronger bullish momentum. RSI values over 70 signal overbought conditions, while those below 30 indicate oversold levels.

PNUT RSI. Source: TradingView

PNUT’s RSI remains below 70, suggesting room for further price increases. The last time PNUT entered the overbought zone was on November 14. Historical trends show that RSI nearing 70 often coincides with strong rallies, indicating potential for additional gains in the short term.

Price Prediction: Can PNUT Hit $2.50?

As the 9th largest meme coin, PNUT is steadily climbing the ranks. If it sustains its momentum and breaks the $1.41 resistance level, the price could target $1.87. A push beyond that could see PNUT testing $2.21 and possibly reaching $2.50, positioning it to overtake POPCAT in market cap.

The gap between PNUT and POPCAT currently stands at about $20 million. If PNUT continues to rally, it could close this gap, challenging its competitor.

What Happens If Momentum Fades?

If PNUT’s current uptrend weakens, it could retest key support levels at $1.04 and $0.74. Failing to hold these levels might lead to a deeper correction, potentially bringing the price down to $0.41. This would mark a significant reversal from its current bullish trajectory.

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