Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, upstart memecoin launcher LetsBonk doubled Pump.fun’s daily revenue with $1.04 million on Monday, shaking up the leaderboard in the memecoin space, authorities in the United Arab Emirates denied reports that Toncoin holders can gain a golden visa by staking $100,000 worth of TON, and Arkham said the recent $8.6 billion Bitcoin whale transfer doesn’t look like it is being sold off.
Solana memecoin launchpad LetsBonk surpassed rival Pump.fun in 24-hour revenue, according to data aggregated by decentralized finance (DeFi) platform DefiLlama.
The latest DefiLlama figures show that LetsBonk generated $1.04 million in revenue in the last 24 hours, nearly doubling Pump.fun’s revenue of $533,412. LetsBonk’s revenue surge marked a rare shift in dominance in the Solana memecoin sector, where Pump.fun has typically held the top spot.
