Solana

MetaMask co-founder Dan Finlay has <a href="https://warpcast.com/danfinlay/0xee3d4748" rel="noopener noreferrer nofollow">launched</a> the CONSENT token on the Base and Solana blockchains. The token, created experimentally, aims to highlight the ambiguous nature of consent in data sharing and intellectual property. Finlay described the launch as a “meme experience” and declared that only one blockchain version would prevail.The CONSENT token saw significant activity on both Base and Solana. However, trading volume and market value on <a href="https://cryptotale.org/solana-hits-yearly-high-with-growing-whale-accumulation/" rel="noopener noreferrer nofollow">Solana</a> outpaced Base. Analysts attribute this to Solana’s active user base and fewer bot activities compared to Base. The token was created using the clanker platform on Farcaster and quickly gained attention.The Solana network has been a hub for new token launches in 2024. Data shows 89% of all tokens launched this year occurred on Solana. Despite this surge, only 1% of tokens successfully reached decentralized exchanges like Raydium. This highlights the speculative nature of many new assets in the ecosystem.Pump.fun, a major platform for token launches, played a significant role in the token boom. Most launches on the platform were memecoins. However, Pump.fun recently disabled its livestream feature, which may affect future token launches. The platform has been a key driver in Solana’s high transaction volumes.<a href="https://cryptotale.org/metamasks-finlay-launches-consent-token-on-solana-base/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

MetaMask’s Finlay Launches CONSENT Token on Solana & Base

CryptoTale

Other articles published on Nov 27, 2024

Tether to Halt Support for EURT Over MiCA Compliance

Will Trump extend presidential pardon to Binance’s CZ? 2 strong reasons it might happen

Bitcoin Exchange OKX Announces Listing of Numerous Altcoins in USDC Pair!

ENO at Decentraland Music Festival

Prominent Professor Predicted When the $100,000 Level Will Come in Bitcoin

Inside FCA’s Mission to Secure Crypto’s Future by 2026

Join our free newsletter for daily crypto updates!