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Memecoins: Every frog has its day as newcomer Pepe hops up by 7,000%

Move over dogecoin? Memecoins โ€” a hyper-speculative, ultra-volatile and somewhat peculiar class of crypto โ€” are back in the spotlight after the latest digital token hit the market with stratospheric gains. Pepe, a coin inspired by an anthropomorphised frog popular in internet memes, leapt nearly 7,000 per cent in the 17 days after its April 16 launch, hitting a market...
Edmond Goh Martin Leinweber Todd Groth Dune Analytics Chase Devens

Kaito, an AI-powered cryptocurrency search engine, raises $5.3 million to enhance browsing

The company disclosed exclusively that Kaito, an AI-powered search engine for cryptocurrencies, raised $5.3 million in a seed round led by Dragonfly Capital. According to Yu Hu, the founder and CEO of Kaito, “there are people fighting against information overload all the time.” “We are reducing the time it takes to find answers from 30 …
Kaito Metasearch Alpha Lab Capital Sequoia Capital Jane Street Mirana Ventures Folius Ventures

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