Search results for Bubblemaps
Crypto
Hunter Biden memecoin hits $144 billion then plunges 95 percent in 30 minutes
A memecoin called LAPTOP, which Hunter Biden helped found, surged immediately after trading began and then fell more than 95 percent in about 30 minutes. Cryptopolitan reported the token started trading on Coinbase-built Base and peaked within minutes. Arkham estimated fully diluted value briefly hit $144 billion before dropping to $5 billion. Large token transfers were detected, and one tracked wallet suffered heavy losses. Analysts also warned about concentrated, recently created top holder wallets.
Crypto
Robinhood Chain memecoin investors post 63% losses, CashCat down 75%
More than 6 out of 10 investors in top memecoins traded on Robinhood Chain have posted losses, an analysis found. Bubblemaps said only 37% of 164,538 traders in the chain’s 50 most-traded tokens were profitable, while 63% were in the red. Trading surged after a 90-day gas-fee subsidy and a CashCat boom, but CashCat has fallen about 75% from its July 11 peak.
Crypto
Musk comments jolt \'Scam Altman\' memecoin as it plunges, whale loses $150,000
A Solana wallet booked a realised loss of $150,000 after buying the SCAM memecoin near its peak and selling during a sharp plunge. Onchain analyst Bubblemaps said SCAM fell almost 95 percent in 24 hours and linked the move to interest around Elon Musk’s posts calling OpenAI CEO Sam Altman “Scam Altman” as a lawsuit process began in a federal court in Oakland. The wallet also posted earlier losses in other tokens.
