According to on-chain data and market reports, XRP is under fresh selling pressure because a large share of holders are now showing losses. Related Reading Glassnode reports that 41.5% of XRP supply — or close to 27 billion tokens — sits in loss, the lowest profitability level since November 2024 when XRP traded near $0.53. At today’s levels, about four times higher than that November figure, a big share of holders bought above current prices and are now exposed. Holder Concentration Raises Selling Risk Market analysts say this positioning has…
Tag: Token
Best Wallet Token Presale Builds the DeFi Ecosystem of the Future
What to Know: Web3 wallets are becoming DeFi control centers, and Best Wallet targets that role with a multi-chain, MPC-secured, mobile-first app. $BEST powers fee discounts, staking boosts, early presale access, and governance, as well as card and iGaming perks inside the Best Wallet ecosystem. The $BEST presale ends in 11 days, on November 28, with $17M+ already raised and $BEST valued at $0.025955. Investors are already FOMO-diving into the presale, with a recent whale buy of $30,744 setting the pace for the remainder of the presale stage. Self custody…
SUBBD Token Could Explode 100x
What to Know: Tether’s potential $1B+ funding role in Neura highlights aggressively crypto profits flows into real-world AI and robotics infrastructure. Neura’s humanoid robots target industrial and home use, while SUBBD Token focuses on ‘digital labor’ for creators through AI assistants and on-chain tools. Price predictions for $SUBBD map possible highs of $0.438 in 2025 and $0.668 in 2026. This implies about 7–12x upside from presale levels. SUBBD Token’s AI-powered creator platform, 20% staking rewards and large pre-built audience offer a way to play the AI-creator economy narrative. Tether is…
Alibaba Mulls Deposit Token Amid China’s Stablecoin Pushback
The cross-border e-commerce arm of Chinese tech behemoth Alibaba is working on a deposit token amid mainland China’s crackdown on stablecoins, according to CNBC. Alibaba president Kuo Zhang told CNBC in a Friday report that the tech giant plans to use stablecoin-like technology to streamline overseas transactions. The model under consideration is a deposit token, which is a blockchain-based instrument that represents a direct claim on commercial bank deposits and is treated as a regulated liability of the issuing bank. Traditional stablecoins, which these tokens closely resemble, are issued by…
Why This Could Send $BEST Token Soaring
What to Know: Cash App will add stablecoin send/receive using Solana rails in 2026, pushing fast, low-cost dollar payments into the mainstream. Stablecoin UX at scale shifts power to wallets that simplify cross-chain swaps, presales access, and spending – the core Best Wallet stack. Best Wallet’s utility narrative – multichain, non-custodial, integrated DEX, card roadmap – maps cleanly onto the new payments landscape. $BEST’s $17M+ presale has a $0.025945 price, with 77% APY staking that declines over time to balance rewards and supply. Jack Dorsey just widened the rails for…
Kyrgyzstan’s Gold-Backed Stablecoin Just Might Put the Spotlight on Best Wallet Token
What to Know: USDKG changes the usual stablecoin model by backing a dollar peg with real gold from Kyrgyzstan’s reserves. If gold and commodity stablecoins grow, users will want wallets that handle many stablecoins without turning their portfolio into a spreadsheet headache. Best Wallet Token ($BEST) gives real perks, like lower fees, early presale access, and smooth cross-chain swaps. Stablecoin liquidity drives the market, and wallet-layer tokens can collect lasting value from routing, discovery, and spending features. Think of them as the toll booths of the crypto highways. Kyrgyzstan surprised…
JPMorgan Begins Rollout of Deposit Token JPM Coin on Coinbase’s Base
Key Notes The nation’s largest bank partners with America’s biggest crypto platform to modernize institutional payment infrastructure. Commercial banking transactions now execute instantly using blockchain rails rather than traditional multi-day clearing systems. JPMorgan pursues euro-denominated token development while Coinbase relocates corporate headquarters to business-friendly Texas jurisdiction. JPMorgan Chase has officially launched its blockchain-based deposit token, JPM Coin (JPMD), on Base, the Ethereum layer-2 network developed by Coinbase. The rollout, announced on Nov. 12, marks a significant collaboration between the largest US bank and the largest US crypto exchange. According to…
SEC Chair Atkins Proposes Token Taxonomy to Limit Perpetual Securities Status
Key Notes Framework introduces digital commodities, collectibles, tools, and tokenized securities as distinct asset categories. Sunset provision allows tokens to exit securities designation when networks achieve sufficient decentralization. Secondary trading exemptions enable post-contract assets to move to CFTC-regulated or state-supervised platforms. SEC Chairman Paul Atkins proposed a token classification framework on Nov. 12 that outlines how digital assets can transition out of securities status once their underlying networks become decentralized. The “Project Crypto” initiative introduces four distinct categories, according to Atkins’ remarks at the Philadelphia Federal Reserve conference: Digital commodities…
Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50%
Uniswap is once again making headlines in the DeFi sector after Hayden Adams, founder and CEO of Uniswap Labs, announced a major governance proposal to activate protocol fees and align incentives across the Uniswap ecosystem. The announcement sent shockwaves through the market, with UNI’s price surging more than 50% in the hours following the news — reflecting renewed optimism among investors and traders. Related Reading In a post shared on X, Adams reflected on Uniswap’s evolution: “Uniswap has been my passion and singular focus for the past 8 years. What…
Uniswap (UNI) Surges 44% As Decentralized Exchange Reveals Fee and Token Burn Proposal
The native token of the decentralized crypto exchange Uniswap (UNI) has surged 44% in the last 24 hours after the Uniswap Foundation unveiled a new governance proposal. The “UNIfication” plan would activate protocol fees and introduce a new token burn mechanism to align incentives and boost protocol growth. The proposal redirects trading fees to burn UNI tokens in a move to create deflationary pressure. The plan would also introduce a “growth” budget to fund protocol and ecosystem development starting next year, distributed quarterly. Most Foundation team members will transition to…