Pump.fun Public Sale Ends In 12 Minutes: Token Distribution Now Underway

Pump.fun, the Solana-based platform enabling users to easily launch and trade custom tokens—especially meme coins—has just marked a historic milestone. On Saturday, Pump.fun raised over $500 million during its highly anticipated PUMP token public sale. In an astonishing show of demand, the sale sold out in only 12 minutes, highlighting the project’s explosive growth and rising popularity across the crypto space. Related Reading Designed for accessibility, Pump.fun allows virtually anyone to create tradable tokens with little to no technical background, democratizing the meme coin economy. As the broader crypto market…

Filecoin Gains as Much as 9% as the Token Breaks Out on High Volume

Filecoin exhibited remarkable bullish strength in the last 24 hours, climbing from $2.44 to $2.65 in a decisive 9% advance, according to CryptoX Research’s technical analysis model. The momentum intensified notably during the 16:00-21:00 timeframe on July 10, as price rocketed from $2.44 to $2.58 amid extraordinary trading volume of 8.18 million tokens at the 21:00 mark, significantly exceeding the 24-hour average of 3.67 million, the model showed. Price broke through key resistance levels at $2.60-$2.61 with strong volume support, according to the model. The move higher in Filecoin came…

Vatican Bank Denies Ties to Scam Project Promoting Fake Crypto Token

The Istituto per le Opere di Religione (IOR), commonly known as the Vatican Bank, has denied any connection to a fake cryptocurrency project claiming ties to it. The fake token, dubbed Vatican Chamber Token (VCT), was promoted on an online phishing scam website claiming to offer a “formal invitation to join one of the world’s most exclusive economic institutions.” The promoters said the “Vatican Chamber of Trade” was accepting new applicants “for the first time in a generation.” The website goes as far as to include the real number of…

Upbit Announces Ethena (ENA) Listing, Token Explodes 20%

Key Notes ENA surged over 20% after Upbit announced its listing on KRW, BTC, and USDT markets. Ethena dominates the synthetic dollar sector with 81% market share and minimal competition. Ethena has a billion-dollar revenue potential, according to Head of Research, Conor Ryder. South Korean crypto exchange Upbit has officially announced the listing of Ethena ENA $0.32 24h volatility: 10.0% Market cap: $2.01 B Vol. 24h: $374.42 M on its KRW, BTC BTC $115 951 24h volatility: 4.2% Market cap: $2.31 T Vol. 24h: $56.12 B , and USDT USDT…

LIBRA Token Maker Says Class Lawsuit Lacks Jurisdiction

The creator of the LIBRA token is seeking to have a New York class-action lawsuit against him dismissed, arguing that the court lacks jurisdiction as the token was offered globally.  Hayden Davis, co-founder of the venture firm Kelsier Ventures, asked a New York federal court to dismiss the class-action lawsuit on Wednesday, alleging the claims don’t arise from actions “directed toward New York.” “Davis does not reside in New York, does not transact business in New York, was not physically present in New York when the allegedly tortious conduct occurred,…

Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?

As the official public sale of Pump.fun’s token approaches, significant activity has emerged across decentralized derivatives exchanges, where large investors appear to be managing risk by taking early positions. Market data shows that whales are interacting with pre-market perpetual contracts, particularly on platforms like Hyperliquid and Binance, as they anticipate potential volatility during the token’s initial coin offering (ICO), scheduled for July 12. Perpetual Market Signals Whale Hedging Strategy Three prominent wallets have collectively deposited over $11 million in USDC on Hyperliquid to open short positions on the newly listed…

BNB Open Interest Crosses $780M After $1 Billion Token Burn: What Follows?

Key Notes Token burn permanently removes 1.6 million BNB tokens worth over $1 billion from circulating supply of 139.29 million. Derivatives trading volume jumped 33.94% to $613.7 million with long-to-short ratios favoring bullish sentiment. Technical analysis shows BNB above all major moving averages with MACD crossover supporting potential breakout to $700-720 range. BNB Chain confirmed the completion of its 32nd quarterly burn event, permanently removing 1,595,599.78 BNB from circulation, worth just over $1 billion at current prices. With BNB circulating supply now cut to 139.29 million BNB, bull traders could…

HYPER Token Soars 150% Overnight — Why It’s Pumping

Key Notes Hyperlane tops today’s gains with a 150% price surge. Upbit listing scheduled for July 10 boosts trader enthusiasm. HYPER is currently trading at around $0.2825 with a 1,000% surge in trading volume. Bitcoin’s surge to a fresh high above $112K has resulted in a rally across the crypto market. But today’s star performer is Hyperlane’s HYPER token, gaining around 150% in 24 hours. HYPER has recorded a 1,000% surge in its 24-hour trading volume to $192 million, according to CoinMarketCap data. At the time of writing, HYPER has…