Cryptocurrencies Price Prediction: Solana, Ethereum & Meme Coins — Asian Wrap 02 July
|Meme coin popularity sends Solana's economic value to new all-time high
Solana (SOL) block space profitability reached a new all-time high of over $91 million on Monday, the same day that Pump.fun's cumulative revenue surpassed the $50 million mark. The increased attention towards meme coins in the current bull cycle has partly fueled the growth.
Ethereum's expected July rise threatened by outflows and whale exchange deposit
Ethereum (ETH) is up more than 2% on Monday despite increased outflows across global ETH ETF products and exchange deposits from key whale wallets.
Solana meme coins rally with double-digit gains, Keith Gill sued for securities fraud
Keith Gill, popular as Roaring Kitty, the trader behind the alleged GameStop (GME) stock pump and dump has been slammed with a class action lawsuit. The plaintiff accuses Gill of orchestrating a pump-and-dump scheme and failed to disclose his purchase and sale of GameStop options in May 2024.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.