Wagyu Founder Buys 95% of FROG Meme Coin Supply for $200,000

Wagyu’s founder maintains control of most FROG tokens while separate crypto projects and market indices report notable developments across trading and token distribution.

BTC
S

Summary

Wagyu and Fwog.fun founder @PerpetualCow spent $200,000 acquiring 95% of FROG’s total supply, confirming it is unrelated to FWOG. Zerion-backed Zero Network resumed full services. The FIGHT project announced a 10 billion token supply, with 57% allocated to the community. Coinbase’s Bitcoin premium index remained negative for three consecutive days at -0.0397%. Sonic burned over 16.02 million unclaimed airdropped S tokens.

Terms & Concepts
  • Meme coin: A cryptocurrency inspired by internet memes or cultural references, often created for community engagement rather than utility.
  • Market capitalization: The total value of a cryptocurrency, calculated by multiplying its current price by the total supply.
  • Bitcoin premium index: A measure comparing the price of Bitcoin on Coinbase to global market prices, indicating relative buying or selling pressure.