Tag: Token

PUMP Token Faces Doubts as 60% of Users Report Losses

Key Notes 60% of Pump.fun wallets are at a loss, with 1,700+ wallets losing over $100K. Trading bots are inflating Pump.fun volume, raising manipulation concerns. The PUMP token launch aims to raise $1B through a community-driven model. As the Solana SOL $150.9 24h volatility: 4.2% Market cap: $79.06 B Vol. 24h: $3.65 B token launchpad Pump.fun gears up for the upcoming PUMP token launch, on-chain data shows that around 60% of wallet addresses on the platform are currently operating at a loss, with over 1,700 wallets each down more than…

American Rapper Cardi B Endorses WAP Token Again—But Is It A Rugpull?

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Cardi B’s recent post about the meme token Wet A*s P*ssy (WAP) turned into a dramatic market shakeup. Within minutes, WAP’s market cap plunged from $2 million to just $150,000. The token’s price shot up to $0.0020 briefly, then tumbled over 90% back to $0.00019, wiping away almost all of this week’s gains. Celebrity Tweet Sparks Chaos According to reports, Cardi B shared a wallet address on her official X account with the caption “even wetter than last time.” That single message sent ripples through the crypto world. Prices leaped,…

Token Dips as ‘Double Top’ Pattern Potentially Signals Short-Term Bearish Trend

Recent price action reveals TON’s struggle to maintain stability, with a failed breakout attempt at $3.22 followed by accelerated selling during peak trading hours, according to CryptoX Research’s technical analysis model. The move comes as the broader market gauge, CoinDesk20 Index, remained flat. Technical indicators paint a potential bearish picture on the short-term timeframe as the formation of lower highs and lower lows suggests building bearish momentum. The breakdown of the $3.16 support level, confirmed by high-volume selling, has opened the door to further potential downside as global economic tensions…

Fans Burned? Cardi B Pumps WAP Token, Then It Crashes 90%

Key Notes Cardi B promoted WAP again, including a wallet address and a provocative caption. WAP’s market cap collapsed from $2 million to $150,000 within minutes. Analysts flagged the posted wallet as previously linked to suspicious crypto activity. American rapper Cardi B has once again promoted the controversial cat-themed meme coin Wet Ass Pussy [NC] on her official X account. The post also included a crypto wallet address and the caption “even wetter than last time.” https://twitter.com/iamcardib/status/1929971521436504363 Within minutes of the tweet, WAP’s market capitalization dropped from $2 million to…

Pump.fun rumored to launch token with $1B raise, 10% airdrop: Report

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Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation. On June 3, a community member posted on X about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members. Speculation intensified following a Blockworks report citing anonymous sources saying the launchpad — known for its instant token creation feature — would raise $1 billion through a token sale. The report claimed three sources confirmed the sale…

Pi Network at Big Discount, Will Next Token Unlock Slow Breakout?

Key Notes Pi Network outperformed XRP, DASH, and USD1 as the most used digital currency for card top-ups. This positive outlook has not had a sufficient impact on the price of the PI token. Several reasons were blamed for the price decline, but a possible breakout is on the horizon. Pi Network token PI $0.65 24h volatility: 1.1% Market cap: $4.74 B Vol. 24h: $95.49 M is struggling even though the protocol recently claimed a top spot in a cryptocurrency usage poll. Its performance from the week before far outweighs…

BTC Bull Token to Explode in 2025?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin rose 50% in 45 days from April into May, before reaching a new all-time-high just shy of $112K. Since then, it’s fallen 6%, sitting now right at $105K. Was the ATH a rare surge, and…

Tether expands Gold token reach with omnichain stablecoin

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Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt (XAUT) on The Open Network (TON), in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows tokens to be transferred through blockchains without wrapping or middlechains. XAUt, the token’s non-omnichain version, is the largest gold stablecoin by market capitalization, with over $832 million, according to CoinGecko. It is closely followed by Paxos’s Pax Gold (PAXG), which holds a market…

PSG Fan Token Plunged 18% Despite 5-0 Win at the UCL Final

Key Notes PSG fan token took an 18% dive in the past 24 hours. Both finalists saw a notable increase in their fan token trading volumes. The market cap of fan tokens declined by almost 4%. Paris Saint-Germain Fan Token (PSG) recorded a $4 million drop in its market value to $18 million in the past 24 hours. PSG is down 18% in the past 24 hours and is trading at $1.97 at the time of writing. The asset fell behind OG Fan Token’s $19.5 million market cap. The drop…