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The crypto world is abuzz with memecoins. They're the only sector booming this Bitcoin halving cycle. It's like déjà vu from the GameFi craze last time round. But here's the rub: memecoins might not be the golden ticket to a bull run. For the market's long-term health, new investors should look elsewhere. Real-world assets (RWAs) and artificial intelligence (AI) offer more sustainable prospects. Memecoins are crypto's answer to meme stocks. Think Dogecoin and Shiba Inu – the OGs of the bunch. They've come a long way, says Evan Luthra, a guest columnist for Cointelegraph and crypto entrepreneur. The numbers are eye-popping. In March, there were about 2,000 memecoin projects. By August, the Solana-based platform PumpFun hosted 1.7 million tokens. That's growth on steroids. Binance dropped a bombshell in June. Memecoins had skyrocketed nearly 600% year-to-date. That's 10 times Bitcoin's gains. High speculation and celeb backing fueled the frenzy. Social media went nuts, with mentions up over 50%. Celebrities jumped on the bandwagon. Iggy Azalea, Andrew Tate, Jason Derulo – they all have their own tokens now. Even seasoned investors got FOMO. I plonked down $100,000 on JASON and MOTHER. You live and learn, right? But here's the million-dollar question: Are memecoins sustainable? The party's been fueled by short-term thinking. Quick gains are the name of the game. FOMO is driving the bus. The numbers are bonkers. Memecoins outperformed RWAs by 4.6 times in Q1 2024. But don't get too excited. One report showed 97% of memecoins ever created are now dust. Over 2,000 bite the dust monthly. It's a crypto graveyard out there. Real liquidity catalysts are needed. RWAs and AI fit the bill. They're not just hype – they've got staying power. RWAs tokenize real assets on blockchain. AI's set to be a $297 billion market by 2027, growing at 19.% annually. The bottom line? Memecoins are fun, but they're not the future. Tokenizing trillions in real estate and art will do what memes can't. AI-powered projects bringing authenticity and automation to blockchain? That's the real deal. These sectors will drive the next bull market. Bet on it.

Solana's memecoin scene is about to get wilder. A protocol known for shorting these volatile tokens is flipping the script. Dumpy.fun, a platform for betting against memecoins, is launching a new tool. It's called squeezy.lol. The aim? To let traders go long on heavily shorted tokens. The announcement came via X on August 20. Dumpy.fun, whose name riffs on the popular Solana memecoin deployer pump.fun, set the launch date for August 27. They're calling it a "new era of PVP" in trading. What's the big deal? Well, squeezy.lol will let traders take the opposite side of Dumpy.fun users. It's introducing a "squeeze explorer" to show which memecoins are most shorted. This could be a game-changer. The idea is simple. Spot the heavily shorted assets. Rally the memecoin communities. Trigger a "short squeeze". It's a recipe for chaos, and potentially, profit. Dumpy.fun currently supports 11 memecoins. These include Dogwifhat (WIF), Wen (WEN), and Bonk (BONK). But they're not stopping there. They're planning to introduce permissionless listings. This means users can short newly created tokens of their choice. Let's back up a bit. What's shorting? It's betting that an asset's price will fall. And a short squeeze? That's when the price of a heavily shorted asset suddenly spikes. Short sellers are forced to buy more to cover their positions. It's a vicious cycle. Remember the GameStop saga of 2021? That was a short squeeze on steroids. Retail traders forced hedge funds to liquidate their shorts. GameStop's shares skyrocketed over 1,500% in a month. It was bonkers. Now, Solana's memecoin traders might get a taste of that action. With Dumpy.fun's new tool, they could spot potential squeeze opportunities. It's like giving them a superpower in the wild west of crypto trading. But here's the kicker: Dumpy.fun was originally designed for shorting. It lets users short Solana memecoins with small amounts of leverage. Given the recent price drops in these tokens, that strategy might've paid off handsomely for some traders. So, what's next? The crypto world is watching. Will squeezy.lol live up to the hype? Only time will tell. But one thing's for sure: Solana's memecoin scene is about to get a whole lot spicier.

Pepe, the meme coin that took the market by storm earlier this year, has crashed 41% in the past 30 days. Meanwhile, a new player has entered the game, threatening to change the fragile balance in the meme coins world as we know it. Pepe Unchained, a $9.3 million upstart, is turning heads. Investors are very eager to jump the ship. And that may have impressive consequences. Pepe's currently trading at $0.00000731. That's a mouthful of zeros. It's up 0.41% in the last 24 hours, but don't get too excited. The overall picture is nowhere near the bright side. The chart's looking grim. There's a nasty head-and-shoulders pattern forming. That's trader-speak for "things might get worse before they get better," in case you need a translation. Pepe's been stuck below a key resistance level for four days. The 20-day moving average is hovering at $0.00000822. That is a ceiling of its kind, and a pretty firm one, to be honest. So where's it headed? Probably down to $0.0000058. That's another 20% drop. Not great for hodlers. There's a silver lining, though. The RSI's at 37.51, suggesting Pepe might be oversold. But take that with a grain of salt. These indicators can be tricky. Now, let's talk about the new kid on the block. Pepe Unchained is making waves. It's promising to fix everything that's wrong with the original Pepe. Their big pitch? A Layer 2 blockchain solution. They're talking instant bridging, low fees, and speeds that'll make Ethereum look like a snail. It's all about creating a real ecosystem for meme coins. Something the original Pepe couldn't do on Ethereum. Is it just hype? Maybe. But with a $9.3 million presale, people are buying in. It's like Pepe 2.0, but time will tell if it's got staying power. Remember, this is crypto. It's volatile as hell. One day you're on top, the next you're yesterday's news. Just ask Pepe.

Shiba Inu, the meme-turned-crypto-powerhouse, is upping its game. The project's marketing lead, Lucie, spilled the beans on Thursday. Liquid staking is coming to Shibarium, their layer-2 solution. Mark your calendars for September 18th. This isn't just another crypto gimmick. It's a big deal for SHIB holders. Shibarium aims to tackle the scalability issues plaguing many blockchain networks. It's all about faster, cheaper transactions. K9 Finance is the brains behind this operation. They're Shibarium's go-to for Liquid Staking Derivatives (LSD). Don't get it twisted – we're not talking about the psychedelic kind. Here's the lowdown: users can stake their BONE tokens through K9 Finance. In return, they get knBONE. It's like a tradable IOU for your stake. You can use it, trade it, or even use it as collateral elsewhere. The big dogs got first dibs on testing. Whales with at least 400 million KNINE DAO tokens were invited to the party in late July. They've been staking BONE, earning knBONE, and raking in extra rewards. Now, the gates are open to everyone. The testnet is live, and anyone can give it a shot. It's a chance to kick the tires before the main event. September 18th marks phase two of the project. They're calling it 'Boro'. It's named after some extinct bone-crushing dogs. Fitting, right? This is when the real action starts on Shibarium. But wait, there's more. Phase three, 'Caninae', is slated for Q4 2024. It'll bring a V2 launch and promises to be the "modern expectation of a fully decentralized liquid-staking derivative product". Whatever that means. Let's not forget about KNINE. It's K9 Finance's governance token, launched back in March. You could only grab it on Uniswap initially. Talk about exclusive. So, what's the big picture? Shiba Inu is trying to shake off its meme coin image. They're diving headfirst into DeFi. Will it work? Who knows. But one thing's for sure – the crypto world is watching.

A new study has exposed the brutal reality of the meme coin market. Most of these tokens don't even make it to their first birthday. Chainplay, a GameFi data hub, dropped a bombshell report on August 13. They looked at over 30,000 meme coin projects across Ethereum, Solana, and Base. The findings? Pretty grim. A whopping 97% of all meme coins have already kicked the bucket. Over 2,000 disappear every month. Meme coins typically last just one year. That's way shorter than the three-year average for other crypto projects. But here's the kicker: people are still throwing money at them. Nearly 60% of investors see meme coins as quick bets. The report didn't pull any punches. It called out the "malicious" nature of many meme coins. More than half (55.24%) were flagged as dodgy. Base topped the naughty list. It had the highest rate of sketchy meme coins at 59.15%. Ethereum and Solana weren't far behind. Scams are rife in this Wild West of crypto. Almost a third of investors surveyed had been burned by meme coin cons. But it's not all doom and gloom. Audit reports can spot the frauds with 81% accuracy. Despite the risks, meme coins still draw a crowd. Two-thirds of crypto investors have dabbled in them. The lure of big gains is hard to resist. Newbie investors are particularly keen. Those in the game for less than six months often see meme coins as must-haves. The media's not buying it, though. Only 13.77% of news reports are bullish on meme coins. Yet, some platforms are raking it in. Pump.fun, a Solana-based meme coin factory, you've probably never heard of before, made over $5.3 million in just 24 hours. That's more than the combined revenue of Ethereum and Solana in the same period. Go figure. A meme coin that's really kicking it. So, what's the takeaway? Meme coins are a rollercoaster. Most crash and burn, but a lucky few soar. And these few are the ones that draw the most attention and are actually responsible for all the meme coin fuzz. Investors keep coming back for more, hoping to strike it rich. So the fuzz kinda works. It's a high-stakes game. For every Dogecoin success story, there are thousands of anonymous failures. The meme coin market isn't for the faint-hearted. It's volatile, risky, and often downright dangerous. But for some, the potential payoff is worth the gamble. As the crypto world evolves, meme coins remain its unpredictable wild child. They're derided by some, embraced by others, but impossible to ignore. Whether they're here to stay or just a passing fad, one thing's for sure: meme coins have left their mark on the crypto landscape. Love 'em or hate 'em, they're part of the digital currency story.