Meme Coin News: Positive Market Trends, Memstagram Featured on Coinbase Wallet, TON P2E Game CoinFish Launching Soon
Market
Meme Coins
Memecoin
The meme coin market is experiencing a favorable day, with significant increases in value. According to Andrei Grachev, an insider in the industry, the meme coin market has reached a level of maturity. Additionally, the Memstagram social-fi app is now available on Coinbase Wallet, and the TON P2E fishing game CoinFish is set to launch next week.
Market Highlights
Meme coins are seeing positive growth today.
Over the past 24 hours, the market capitalization of meme coins has increased by 2.5% to $58.3 billion.
Only a few coins are experiencing a decline in value.
The MOO DENG (MOODENG) coin has suffered the most significant loss, dropping by 20.1% to $0.00008239.
JESUS COIN (JESUS) is next with an 11.5% decrease, followed by HarryPotterObamaSonic10Inu (ETH) and Toshi (TOSHI) with around 9% drops.
On the other hand, Goatseus Maximus (GOAT) is the top gainer of the day, appreciating by nearly 140% to $0.1098.
Harambe on Solana (HARAMBE) has seen a 45.3% increase, reaching a price of $0.04606. Sixteen other coins have recorded double-digit growth.
Among the top 10 meme coins by market cap, only three have experienced a decline today.
Source: cryptonews.com/coins/meme-coins/
Has Meme Coin Market Matured? An Insider Says ‘Yes’
According to Andrei Grachev, co-founder of DWF Labs, the meme coin market has reached a level of maturity. Grachev believes that this market segment is well-established and has become a mature part of the industry. He also stated that meme coins have provided smart investors and traders with the opportunity to make significant profits. DWF Labs, a digital asset market maker and Web3 investment firm, has been supportive of the meme coin sector. They have made investments in meme coins and have provided strategic guidance and ecosystem support to projects in the industry.
Memstagram Social-fi Meme-to-Earn App is Featured on Coinbase Wallet
The Memstagram social-fi app, built on Coinbase’s Base chain, is now available on Coinbase Wallet. This partnership will make Memstagram accessible to millions of users worldwide. The integration with Coinbase Wallet aligns with Memstagram’s mission to push the boundaries of decentralized social media. Users of Coinbase Wallet can now join the Memstagram ecosystem and earn rewards by participating in the decentralized meme economy. Memstagram CEO Ignas Survila sees this integration as an incredible opportunity to empower meme creators and crypto enthusiasts to own their content and be part of the on-chain revolution. The partnership will expand Memstagram’s reach and improve accessibility and participation in the on-chain meme economy while ensuring security.
TON P2E Fishing Game CoinFish Launches Next Week
MEETLabs, an innovation lab focused on blockchain and crypto, has announced that its incubated TON ecosystem clicker game, CoinFish, will be launching an airdrop event on October 23. CoinFish is a Web3 game that combines fishing with business simulation, offering players the opportunity to feed stray cats and participate in the marine product market. The game aims to increase profitability through a fish market simulation and referral systems. It also provides daily activities and tasks for players to earn rewards and interact with friends. CoinFish is part of the Crypto Gaming project CryptoPlay, which includes various gaming products for both PC and mobile platforms. MEETLabs plans to offer more play-to-earn opportunities for the community through CoinFish and other games in the future.
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