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  • Blockchain Timeline

Bitcoin ends week flat as memecoins make a comeback

Bitcoin's closed the week following the halving event basically flat. Data on the health of the US economy came out mixed and resulted in one big sideways movement for Bitcoin.

Meanwhile, Solana-based memecoin Bonk closed the week up 58%. The increase came after the approval from the Bonk DAO to burn 278 billion tokens.

Ethereum-based memecoin Pepe posted gains of 36% for the week, following the Coinbase announcement to list Pepe perpetual contracts. The move was seen a first step towards Coinbase making spot Pepe available for trading.


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