ChainCatcher message, according to an analysis by the Financial Times, over 700 types of imitation coins and junk coins have been sent to Trump's digital wallet, with the creators of these coins attempting to imply that their creations have Trump's endorsement. This move came just days after Trump and his wife Melania launched a meme coin that has no actual use and is entirely supported by speculative value, shortly after Trump returned to the White House last month.The Financial Times found that in the past three weeks, 736 different meme coins have been deposited into Trump's official wallet. Among them, nearly 200 coins, including "OFFICIAL TRUMP" and "OFFICIAL MELANIA," are named after Trump or his family members, but have no connection to the president.Trump and Melania's decision to launch their meme coins has faced fierce criticism, as these coins are more volatile than Bitcoin, attracting retail investors.

ChainCatcher news, CoinFund CEO Jake Brukhman stated, "Retail speculators are trying to hype their meme coins using AI concepts, and now meme coin prices are falling, with people surrendering and exiting. Meanwhile, some companies in the Web3 space are tackling the most challenging problems in AI, creating new domains, and advancing technological development. This is not meant for meme coin speculators."Previously, Aiccelerate DAO co-founder Ejaaz mentioned, "Crypto AI is becoming a non-consensus bet. When everyone is bearish, open-source models are catching up to the best models, OpenAI is rolling out agent functionalities, and AI's overall cognitive share continues to rise. All of this takes time to develop, but I still believe this field will ultimately dominate the crypto industry."

ChainCatcher news, renowned rapper Kanye West stated on social media, "I will not issue tokens, I only make products, I only do what I love and understand. I am too rich to need to do anything else. Tokens deceive fans through hype, just like the hyped sneaker culture."BlockBeats reported earlier today that Kanye West mentioned on social media that someone proposed to pay him $2 million to issue a meme coin to defraud his fan community, which Kanye himself has rejected the "collaboration" request.According to chat screenshots released by Kanye, this "collaboration" requested Kanye to promote a RUG pull meme coin, with a prepayment of $750,000. Eight hours after posting, Kanye could announce that his "account was hacked," and after 16 hours of posting, an additional $1.25 million would be paid. The mastermind behind this "collaboration" claimed it could profit tens of millions of dollars.

ChainCatcher news, the Republic of Kiribati's World Digital Central Bank has issued the meme coin WDCB, which is now listed on multiple decentralized exchanges. This move marks Kiribati's official entry into the digital economy era.It is reported that this digital bank was established with the authorization of the central government of the Republic of Kiribati and is a digital bank backed and fully promoted by a sovereign nation.

ChainCatcher news, according to CoinGecko data, GOOFY briefly reached $0.0101, setting a new all-time high, with an increase of over 25% in the past 24 hours, currently reported at $0.009501.It is reported that GOOFY is a meme coin featuring classic Disney animated characters on the Solana chain.

ChainCatcher news, according to Protos, the law firm Burwick Law, which is embroiled in a legal dispute with the meme coin platform Pump.fun, revealed that its lawyers have received violent threats and have been doxxed along with several plaintiffs. The law firm stated: "We have learned that there has been a doxxing incident and violent threats against one of our lawyers and the New York State Bar Association, as well as attempts to impersonate and harass our plaintiffs, including doxxing. We take these intimidation tactics seriously and will pursue all available legal remedies."Additionally, Burwick Law denies creating the meme coin "DOGSHIT2" and demands that Pump.fun delist DOGSHIT2 and any other tokens impersonating the firm. It claims that Pump.fun has the technical capability to do so but chooses not to, "despite the obvious financial and legal risks to the public."Burwick Law has filed multiple lawsuits against Pump.fun on behalf of plaintiffs who have lost money due to various meme coins, including the HAWK token themed around Haliey Welch and the PNUT token themed around squirrels.

ChainCatcher news, Matrixport's latest report indicates that the number of wallets holding over 10,000 SOL has significantly decreased in the past two months, suggesting that large holders are taking profits. Meanwhile, the enthusiasm for meme coins is cooling down. Data from the Pump.fun platform shows that the daily issuance of meme coins has dropped by 16% over the past 30 days, and daily trading volume has significantly retreated from the peak of 71,738 transactions recorded on January 23.The report notes that the price of Trump meme coin plummeted from $60 to $20, severely undermining retail investor confidence. Although the price of Raydium (RAY) has recently increased, early Solana investors are shifting their profits into Bitcoin. This rotation of funds explains why Bitcoin remains relatively resilient despite the general pullback in altcoins. Additionally, although Ethereum reduced transaction fees in March 2024, it has failed to gain a significant advantage in the current meme coin trend due to user experience and cost issues.

ChainCatcher news, according to The Block, the American consumer watchdog Public Citizen filed a complaint with the Department of Justice and the Office of Government Ethics (OGE) on Wednesday, urging them to investigate whether Trump's launch of the meme coin TRUMP violates federal laws prohibiting presidents from soliciting gifts in their official capacity.Public Citizen emphasized that due to the nature of cryptocurrency transactions, it is difficult to know whether foreign actors are also "gifting the president by purchasing Trump memes," and urged the Department of Justice and OGE to investigate this issue as well.

ChainCatcher message, according to monitoring by lmk.fun, a certain address has incurred a loss of 14 million dollars trading the Trump family's Meme coins:Loss of 6.6 million dollars trading TRUMP (average cost 61 dollars)Loss of 6.1 million dollars trading MELNIA (average cost 6.3 dollars)Loss of 1.3 million dollars trading counterfeit MELNIA tokens.The address is still holding and has not sold any tokens.

ChainCatcher news, according to Decrypt, the nonprofit watchdog organization Public Citizen has filed a formal complaint with the Department of Justice and the Office of Government Ethics, requesting a federal investigation into Trump's alleged promotion of the Solana ecosystem's TRUMP token.The complaint points out that 80% of the token is held by Trump's affiliated company CIC Digital LLC, which may violate laws prohibiting gift solicitation and poses risks of untraceable foreign payments. Over the past week, possibly influenced by the trade war, the price of the TRUMP token has dropped by 32%.

ChainCatcher message, X account @Enron issued the Meme coin ENRON this morning, which has dropped over 75% from its peak since issuance.According to the account owner, after spending $275 to purchase the Enron IP and domain name, they re-registered the Enron company. This Enron is not the original Enron Corporation, and users are reminded to be aware of the risks.

ChainCatcher news, according to thecryptobasic, Coinbase executive Conor Grogan stated that U.S. President Donald Trump and his team may have earned over $800 million following the launch of the TRUMP coin. He also mentioned that Trump and his team earned $802 million through transfers, liquidity events, and fees related to TRUMP.Since its launch on January 18, the Trump team has transferred over $482 million in TRUMP, SOL, and USDC to cryptocurrency exchanges such as Binance, KuCoin, and OKX. Grogan pointed out that while the team sent these tokens to the exchanges, it remains unclear whether they have been sold.

ChainCatcher news, Binance co-founder He Yi stated in a community Space that the listing of coins on Binance will consider multiple factors. Taking the previously popular AI16Z as an example, by the time this coin was under consideration, its market capitalization was already large. Internally, there are concerns about whether it would be a "top at launch," leading to differing opinions within Binance regarding the listing.In addition, some meme coins are issued by token issuing groups, and Binance will also be cautious about listing such projects.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on social media that although he is not a fan of Memecoins, he believes they have potential value. He compared cryptocurrency exchanges to channels for the influx of internet capital into social spiritual energy; however, currently, Memecoins mainly have a negative impact and have led to criticism of industry leaders such as cryptocurrency exchanges.He further pointed out that the current Memecoin phenomenon is similar to primitive collective consciousness, where these communities operate like shared belief systems, potentially evolving from a "shamanistic movement" into a more structured belief system.Ki Young Ju believes that harmful Meme communities should be rejected, while those that promote positive spiritual energy in Meme culture can be supported. Although Memecoins have limited value at this stage, in the long run, Meme tokens with practical uses and mature systems may emerge.He envisions that in the future, religious organizations, charities, and non-governmental organizations (NGOs) may issue Memecoins with social value, providing new social and economic models for internet communities.

ChainCatcher news, according to Onchain Lens monitoring, a trader (possibly an insider) spent 22.5 SOL (5,332 USD) to buy 7.75 million Meme coins GANG, and sold all GANG for 5,707 SOL, worth 1.35 million USD, making a profit of 1.35 million USD.Currently, the price of GANG tokens has dropped about 90% from its all-time high.

ChainCatcher news, according to Fortune, Tesla CEO Elon Musk's father Errol Musk hopes to raise $150 million to $200 million through a token project called "Musk It." Old Musk stated that he has no doubt about making money on a "meme coin" with his name, as many potential buyers will inevitably associate it with his famous son.