Midday News Update #Web3

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BONK and Raydium have launched a new meme coin launchpad, http://Letsbonk.Fun, aimed at empowering users to create their own meme tokens.

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Nike faces a $5M+ class action lawsuit after shutting down its crypto division RTFKT, with plaintiffs claiming NFT demand collapsed.

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Imran Khan highlights that AMMs are now competing to become the next major token launch infrastructure.

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Analysts suggest if Citi’s forecast of massive stablecoin supply growth materializes, Bitcoin could reach $285,000 by 2030.

#Bonk #raydium #NIKE