Nearly 90% of users who traded meme coins launched from Pump.fun have either lost their investment or made less than $100 in profits. Despite these facts, only the successful trades gain the spotlight and create FOMO. Several speculative tokens created via Pump.fun have accumulated millions in market cap, but the profits were wracked up by…
A Shiba Inu whale holding over 10% of the token supply has sparked concerns about market concentration. On-chain data shows a decline in SHIB transaction volumes and reduced whale activity. Blockchain data has revealed that a single investor holds over 10% of the total Shiba Inu (SHIB) token supply. This investor, known by the wallet…
Russian President Vladimir Putin has approved new measures to restrict cryptocurrency mining in several regions to address energy supply concerns. These restrictions are part of Russia’s broader efforts to regulate the industry while conserving electricity during peak winter months. Russia Crypto Mining Restrictions Enforced in 13 Regions Russia will introduce the crypto mining restrictions in…
Binance clarified that BFUSD is a reward-bearing margin asset, not a stablecoin. The announcement triggered concerns, with many comparing BFUSD to the collapse of TerraUSD (UST). Binance has clarified the nature of its new asset, BFUSD, stating that it is a reward-bearing margin asset rather than a stablecoin. The statement posted on X (formerly Twitter)…
Ethereum (ETH) whales have increased transaction activities as analysts predict an end of the long correction. Ali Martinez has also predicted that ETH could follow in the footsteps of the S&P 500 to hit $10k by the end of the cycle. Ethereum (ETH) declines by 2.5% on the weekly chart following the recent attempt by…
Solana continues to be the top-performing large-cap cryptocurrency this bull cycle, living up to its “Ethereum Killer” brand. The Solana price is up by 10% over the past week and 130% year-to-date. On the contrary, Ethereum is down by 6% in the past 7 days and is up by only 36% since the start of…
Dogecoin price rallies have stunned the meme coin investment community as Bitcoin seems poised to reach $100,000k. Many token holders now seek ecosystems with strong ROI potential, leading them to Propichain’s ongoing presale. PCHAIN’s presale is about to enter the next round with a 208.17% increase. Yet, can it outshine the ongoing Dogecoin price jump?…
The outcome of the 2024 U.S. elections, which saw Republicans taking control of the White House, Senate, and Congress, could significantly reshape the regulatory landscape for cryptocurrency in the country, according to S&P analysts. According to a recent S&P Global…
Amid the current rally, long-term holders are retaining their positions, showcasing confidence in XRP’s future growth. XRP faces key resistance at $1.14, with the potential to climb to $1.28 and beyond if bullish momentum continues. Ripple’s native cryptocurrency XRP has drawn massive attention with a mega rally over the past weekend, driving it past $1…
Pepe Unchained ($PEPU) has crossed the $40 million funding mark, averaging $1.6 million in daily contributions. With just 22 days left before its tier-1 exchange listing, investors are flocking to the presale amid growing expectations of 100x gains. Pepe Unchained ($PEPU) has shattered the $40 million funding milestone, driven by relentless investor demand and whale…
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