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TRON Network Hits Record High In Daily Transactions And Outperforms Ethereum In Revenue
Last week, the TRON network reached a new milestone, achieving an impressive 7.99 million daily transactions. This surge highlights TRON's growing dominance in the blockchain space. […]
Jupiter Protocol Allocates $50 Million for JUP Token Buyback to Drive Long-Term Growth
Aiming to foster long-term value for its native token, $JUP, Jupiter Protocol has made a strategic announcement: 50% of the protocol's fee income will go toward repurchasing $JUP tokens. Given the protocol's substantial revenue growth forecast for 2024, this buyback plan signals a near- and long-term commitment to improving the token's market dynamics and its standing in the Solana ecosystem. Exceptional Revenue Growth in 2024 Over the last year, Jupiter Protocol has grown tremendously, racking up $102 million in total revenue for 2024. That achievement has given it the 7th place spot among decentralized applications (DApps) on the Solana blockchain when it comes to income. Most of that revenue comes from Jupiter Perps, the protocol's perpetual futures platform, which boasts an impressive 84% market share among perpetual decentralized exchanges (PerpDEX) on Solana. One of the most striking aspects of 2024 […]
$MURAD Coin Creates a Stir on BingX: A Closer Look at the Whale Investment and Market Movements
The world of cryptocurrency has been electrified by the entry of $MURAD, a community-driven token that lately appeared on the BingX trading platform. Its almost vertical takeoff and subsequent sharp ups and downs have drawn the admiration and attention of some within the crypto world, but what has stoked interest in the token is the presence and possible purchase of a well-known whale in the crypto space. Here's what we know about the circumstances surrounding $MURAD and the reason it has come to be seen as a flashpoint in the crypto conversation. Whale Activity and Market Volatility A whale of a different sort has been at the center of recent market activity, making waves with a series of bold investments. Known for previously spending 15,140 SOL on tokens like $Pnut, $FRED, and $OPK, this investor hit a peak floating profit […]
Binance’s Latest HODLer Project $ANIME Sees Strong Market Activity, Amber Group Leads Token Movements
The latest addition to Binance's HODLer program, $ANIME, has been creating a buzz in the cryptocurrency world since its launch on the platform yesterday at 10:00. Reasonable attention is following the token for a few good reasons. First, it is being well-handled by a major market maker, the Amber Group, which is moving the token up nicely. Second, it is not entirely disconnected from the NFT marketplace, despite being a crypto token; in fact, its movements are creating some serious ripples across the ecosystem, particularly impacting the NFT collection from the team behind Azuki, which is seeing some major declines in its floor price. Amber Group Takes Center Stage A major entity in the digital asset world, Amber Group, has taken on an important role in the market activity surrounding the $ANIME project. On-chain information shows that Amber Group's address […]
Whales Shift Focus To AI Meme Tokens As FARTCOIN Gains Traction
The unpredictable cryptocurrency market is becoming even more so as whales now turn their eyes toward AI-driven meme tokens. A relatively untethered meme token called FARTCOIN, which has connections to artificial intelligence, has recently become a favored asset of major crypto players. Not just a few crypto bros, but some really influential figures, have taken the plunge and started picking up large amounts of FARTCOIN. And when you look at it all, these big buys amount to something far larger and far meme-ier—an investment shift toward artificial intelligence. Big Players Enter the FARTCOIN Arena Ansem, a whale, is a recent big-money transaction. He's the same fellow who grabbed $1 million worth of FARTCOIN and then made headlines. Ansem's purchase points to an interest in AI meme tokens that's ballooning beyond what it was when these digital assets first launched. (It […]
Tron Outpaces Ethereum and Bitcoin in Efficiency as Adoption Soars
Tron ($TRX) continues to assert its dominance in the blockchain space with an impressive Transaction-to-Price Ratio (TPR) of 218,000, far surpassing the efficiency of Ethereum ($ETH) and Bitcoin ($BTC). This remarkable metric highlights Tron's ability to generate substantial transactional value relative to its token price, further underscoring its scalability and increasing adoption across various sectors such as decentralized finance (DeFi), gaming, and more. https://twitter.com/kyledoops/status/1881778815225270318?t=jkRpPbx1uFj0NxkRZQXWYw&s=19 As utility-driven growth becomes the cornerstone of blockchain success, Tron’s performance exemplifies how innovation and real-world application can position a platform ahead of its competitors. World Liberty Financial Boosts $TRX Holdings in Strategic Move Adding to the bullish sentiment around Tron, World Liberty Financial (WLFI), a major financial entity, has significantly increased its stake in $TRX. In its latest move, the fund acquired an additional 10.81 million $TRX tokens, valued at $2.62 million USD. With this […]
$QUANT: From Rug Pull to a $20 Million Market Cap
The cryptocurrency $QUANT has recently made headlines with its astonishing performance. Its value skyrocketed, increasing by an incredible 30 times since its listing on MEXC. With this surge, $QUANT's market capitalization has now surpassed the $20 million mark, cementing its place as a major player in the crypto space. https://twitter.com/MEXC_Listings/status/1881356562025119770?t=mxLbBYGUOc1vNhlzb9Bq4A&s=19 Adding fuel to the rally, Binance recently released an image that seemed to ignite further interest in $QUANT. The result? An extraordinary 1883% surge in value, catapulting its market cap back to $20 million. https://twitter.com/ai_9684xtpa/status/1881319091547590971 A Rug Pull and an Unlikely Comeback Just three months ago, the story of $QUANT began in a manner that has become all too familiar in the crypto world. In November last year, a young developer introduced $QUANT as a memecoin during a livestream. Shortly after, he executed a classic rug pull, dumping all 51 […]
Melania Trump Enters Crypto World with $MELANIA Token Launch
Melania Trump, wife of former U.S. President Donald Trump, has unveiled her own cryptocurrency token, $MELANIA, in a surprising announcement on Twitter. This latest move by the Trump family into the cryptocurrency sector is already sparking widespread debate and scrutiny. Tokenomics Overview The $MELANIA token comes with a total supply of 1 billion tokens, distributed as follows: - Team Share: 35% - Treasury: 20% - Community Allocation: 20% - Public Offering: 15% - Liquidity Provision: 10% What sets $MELANIA apart is its accelerated unlock schedule. Unlike Donald Trump’s $TRUMP token, which has a three-year vesting period for team shares, the $MELANIA team tokens will be fully unlocked in just 30 days. Starting from the 30th day, 10% of the team share will be unlocked, with the remainder distributed linearly over 12 months, completing by the 13th month. Impact on $TRUMP […]
Whale Activity Sends ai16z Price Plummeting 11.81% in 24 Hours, $7.89M Sold
In the past 24 hours, heavy sell-offs by five major wallet addresses have significantly impacted the price of ai16z tokens, causing an 11.81% decline. These whales collectively sold $7.89 million worth of tokens, with some cashing out entirely while others retained substantial holdings. Here's a breakdown of their activity: 1. Address GU2Gd...zsWQo This whale unloaded $2.46 million worth of ai16z tokens, securing a profit of $96,000 in the process. Following the sale, the address fully exited its position in the token. 2. Address EUM51...qt83S Selling $1.65 million in tokens, this address exited the market at a loss of $28,000. The complete liquidation of its position marks its departure from the ai16z ecosystem. 3. Address 852wz...BHWXh Over the past two days, this wallet has sold a total of $2.85 million worth of ai16z, including $1.29 million in the last 24 hours. […]
DWF Labs Stakes $5.17M in DEXE for 12 Months: A Bold Long-Term Bet
Three hours ago, DWF Labs (@DWFLabs) made a strategic move by staking 300,000 $DEXE tokens, valued at $5.17 million, for a 12-month period. This decision underscores their confidence in the DEXE ecosystem and their long-term vision for its success. Interestingly, DWF Labs, known for its dual role as both an investor and market maker for @DexeNetwork, originally received this 300,000 $DEXE allocation on April 9, 2024. Their decision to lock these tokens for a year demonstrates a strong belief in the project's potential growth and sustainability. https://twitter.com/EyeOnChain/status/1880205370033111305?t=KdOLU8CFdM8GBsZiv19m6Q&s=19 Confidence in DEXE and Rising Whale Activity Such a long-term commitment is a clear signal of faith in DEXE’s future, encouraging the community to watch this ecosystem closely. Notably, DEXE has been attracting significant whale interest this week, ranking second among projects with large increases in whale transactions for altcoins with $500M+ market […]
AIXBT Surges 74% in 24 Hours: New Whale Enters Top 12 Holders
In an impressive rally, AIXBT soared 74% within 24 hours, reaching an all-time high (ATH) of $0.75 before stabilizing at $0.7068. The remarkable price surge has caught the attention of investors, including a new whale making waves in the AIXBT ecosystem. A New Whale Emerges A fresh address, 0x001...e5d22, has entered the spotlight with significant $AIXBT holdings. Over the past 42 hours, this address invested more than $3.06 million, catapulting it into the top 12 holders. This rapid ascent is a testament to the investor’s aggressive accumulation strategy. https://twitter.com/EyeOnChain/status/1879468935931945204?t=hZra8idWDrXIVb9GaF8eYA&s=19 Strategic Moves Behind the Scenes The whale's journey began just three days ago, following a transfer of funds from 0x656...3F4B7, which originated from a Gate.io withdrawal. Since opening their first position, the whale has amassed an impressive 8 million AIXBT tokens at an average price of $0.6088. Profits Already Rolling In […]