Meme coins based on the Solana ecosystem are warming up, with Pump.fun (PUMP) becoming the top revenue-generating protocol in the crypto market, now only behind stablecoin issuers like Tether and Circle, underpinned by its new creator fee model.
Bitcoin (BTC) trades in red, slipping below $116,000 at the time of writing on Monday, after notching a record high of $124,474 the previous week. Fading optimism over a potential Federal Reserve (Fed) rate cut following mixed US macroeconomic data last week has weighed on risk sentiment.
Bitcoin (BTC) price experiences a whirlwind week, surging to a new all-time high of $124,474 before sharply retreating to hover around $118,800 at the time of writing on Friday.