Tag: Token

Pudgy Penguins Token Declines Sharply in August Amid NFT Market Downturn

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Pudgy Penguins’ native token slipped on Friday despite the project’s new title ranking among Apple’s top downloads. The PENGU (PENGU) token fell by nearly 4% on Friday, following the launch of Pudgy Party, a battle royale game released on Android and iOS, regardless the game recording over 50,000 downloads on the Google Play store and landing in the top 10 most downloaded games on Apple’s App Store. Pudgy Penguins is a popular non-fungible token (NFT) project in the crypto space. The project supplements its onchain digital presence with trading cards,…

Lombard Finance launches yield-bearing Bitcoin token LBTC on Solana with $1.5b backing

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A new decentralized Bitcoin derivative by Lombard Finance is set to offer 1% APY while maintaining full BTC backing across bridge to Solana. Summary Lombard Finance will offer the yield bearing asset alongside Base, Sui and Ethereum offerings. Yield bearing on Solana in Bitcoin is the latest offering to bring the protocol’s $1.5 billion in capital to the layer 1. On Aug. 28, Lombard Finance officially launched LBTC, its yield-bearing Bitcoin token, on Solana (SOL), bringing the protocol’s $1.5 billion in circulating capital to a Bitcoin fusion with rival layer-1…

SUI and Aptos Face $4.5B Token Unlock in September

Key Notes About $4.5 billion in vested tokens will be released in September. Sui and Aptos are among the featured projects, with the former leading with more than $153 million. FastToken and Arbitrum are also major crypto projects contributing to the unlocks. Sui SUI $3.51 24h volatility: 1.1% Market cap: $12.34 B Vol. 24h: $1.26 B and Aptos APT $4.47 24h volatility: 2.1% Market cap: $3.06 B Vol. 24h: $271.72 M are among the projects that are set to unlock millions in vested tokens by September. According to data tracker…

215% PENGU Rally Incoming? Analyst Says Token ‘Inches’ From Next Leg Up

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Hyperliquid Hype Token Surges On Hayes Forecast

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The native token powering the decentralized derivatives exchange Hyperliquid was one of the few tokens to post a gain over the 24 hours, as crypto entrepreneur Arthur Hayes told an audience in Tokyo he expects it to 126x over the next three years. Hyperliquid (HYPE) has gained almost 4% over the last 24 hours and is now trading at $45.64 — though it briefly reached over $47 earlier in the day.  BitMEX co-founder Arthur Hayes made the forecast at the WebX 2025 conference in Tokyo on Monday local time.  Hayes…

Trump Family’s World Liberty Financial (WLFI) Token Finally Launches on Ethereum

Key Notes Early supporters of World Liberty Financial (WLFI) will receive an immediate 20% unlock of their allocations, with the remaining 80% subject to a community governance vote. All WLFI claims will be processed through the audited WLFI Lockbox smart contract. Users must first activate the Lockbox between August 25 and 31. WLFI, the native token of Donald Trump’s native project World Liberty Financial, has finally launched on the Ethereum mainnet. This launch comes following months of waiting as the project seeks to build an entire ecosystem, also comprising the…

Chainlink’s LINK Rallies 12% to New 2025 High Amid Token Buyback, Broader Crypto Rally

Oracle network Chainlink’s (LINK) native token sharply rebounded with the broader crypto market following Federal Reserve Chair Jerome Powell’s dovish remarks in Jackson Hole, Wyoming. LINK rallied 12% over the past 24 hours, hitting $27.8, its strongest price since December. Bitcoin (BTC) appreciated 3.5% during the same period, while the broad-market CryptoX 20 index jumped 6.5%. In protocol-specific news, Chainlink obtained two major security certifications this week: ISO 27001 and a SOC 2 Type 1 attestation, marking a first for a blockchain oracle platform. The audits, carried out by Deloitte,…

13 Wallets Bag $24M as YZY Token Crashes

Key Notes Kanye West’s YZY has pulled a fast one on thousands of holders after a more than 70% crash. Upon its launch, the YZY price reached as high as $3.163, making a few insiders millionaires. It has now retraced to $0.6966, according to CoinMarketCap data. Kanye West-listed YZY has successfully made millionaires out of the owners of 13 wallets, while leaving many other holders high and dry, according to Nansen. Only four days old, but this meme coin is already flipping the script on finance. Meanwhile, the broader cryptocurrency…

Kanye West Debuts YZY Token: Another Celeb Pump and Dump?

Key Notes YZY token surged 6,800% before crashing to $1.15. Insiders allegedly controlled 94% of supply. Analysts warn of manipulation risks in the liquidity pool. Popular American hip-hop star Kanye West has launched a new crypto token, YZY, on the Solana SOL $184.9 24h volatility: 2.1% Market cap: $99.87 B Vol. 24h: $6.58 B blockchain. The cryptocurrency triggered an immediate frenzy among traders and fans, recording $3 billion in market cap within 40 minutes of the announcement. The hype was amplified by the rapper’s direct promotion on social media and…

Ulu Ventures Publicly Backs Pi Network Amid PI Token Free Fall

Key Notes Ulu Ventures added Pi Network to its portfolio, reaffirming support. PI trades just 4% above all-time lows despite institutional backing. Exchange balances rose to $414.6M, suggesting liquidation risks. Pi Network PI $0.35 24h volatility: 2.2% Market cap: $2.74 B Vol. 24h: $55.67 M has received a significant show of confidence as Ulu Ventures, one of its early seed investors, formally added the project to its portfolio of companies. Despite this institutional backing, the PI token remains under heavy selling pressure, trading just above its all-time lows and raising…