Memecoins Without Audits, 75% Failed Transactions: Are Crypto Bots Killing Solana?

Quick Summary:

At the end of July, Solana passed the Ethereum Mainnet in weekly total fees for the first time, recording revenue of approximately $25 million compared to $21 million for Ethereum.

Incessant bouts of memecoin trading have aided Solana throughout 2024.

Platforms such as Moonshot and Pump.fun, which run on the Solana network, largely host these […]

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Daniela Kirova

Category: CryptoTechnology

Markets: Canada

Topics: Altcoins Solana memecoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 16:02:41 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Article Length: 1397 words

Reading Time: 8 minutes read

Sentences: 85 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bankless Times

News ID: 21899965

View Article Analysis

About Bankless Times

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 5 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 21 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #29

Publisher Details

Frequently Asked Questions