Meme tokens have been increasingly seen as a leveraged way to bet on the growth of their underlying blockchain. The gains came after Bloomberg analysts Eric Balchunas and James Seyffart updated the odds of approval to 75% from 20% on Monday, causing a market-wide jump. Ether rose over 17%, while bitcoin retook the $71,000 mark for the first time since early April.
May 21, 2024
Comments (No)