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Mog Coin $MOG Surges 41.6%, Nears All-Time High Amid Insider Activity

Mog Coin ($MOG) has emerged as a standout in the memecoin market, surging 41.6% in the past 24 hours to reach a current price of $0.00001421. This impressive performance highlights $MOG's growing prominence, particularly in relation to other memecoins like Solana's Popcat. Recent activity by an insider, identified as wallet 0x4682, provides further insights into the dynamics behind $MOG's rise. Between August and October 2023, this wallet acquired 5.7 trillion $MOG for $220,184 at an average price of $0.0000009568. Over the past week, the wallet sold a portion—654.14 billion $MOG—realizing a profit of $1.05 million, a 723% return. Currently, wallet 0x4682 holds a substantial 11.12 trillion $MOG, valued at approximately $15.60 million. This significant holding and recent partial liquidation suggest that the insider expects further price increases for $MOG. https://twitter.com/iCryptoAI/status/1805425138009358830?t=leYeCNF3VJq1uRV5XkKyYQ&s=19 $MOG Approaches Its New All Time High The market speculation […]

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$GRT Demonstrates Strength Despite Large Deposits And Market Decline

In the past 24 hours, notable activity involving $GRT (The Graph) tokens has been observed. Thirteen hours ago, a wallet identified as 0xB94 deposited 8.11 million $GRT (approximately $1.7 million) to Kraken. This followed another significant deposit 22 hours ago, where a wallet identified as 0x285 transferred 8.1 million $GRT (about $1.74 million) to Kraken. Both wallets are linked to "Notilus," an early investor in $GRT. https://twitter.com/OnchainDataNerd/status/1805143337214910749?t=M3eMeDr_MzaMz2B3wVgFqQ&s=19 $GRT Price Action To Monitor Following Recent Happenings  These large deposits resulted in $GRT's price falling below the crucial $0.20 support mark. Despite this dip, $GRT has demonstrated remarkable resilience. The token recently broke out, confirming primary support around the $0.20 level. This breakout indicates potential bullish momentum, especially if Bitcoin (BTC) continues its upward trend. $GRT's ability to maintain stability and recover swiftly is a testament to its strength in the market. […]

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Avalanche Faces Decline Amid Large AVAX Sales And Market Concerns

Avalanche's market performance has been on a downward trend over the past 24 hours, raising concerns as the price nears a critical support level of $23. Recent findings by blockchain investigator ZachXBT, reported by Wu Blockchain, shed light on the possible reasons behind this sharp decline. According to the report, $54 million worth of AVAX was sold today. The AVAX in question, located at address 0x32...4f30, originated from the transfer of X-avax1qsnptt6yxnwmh8up7xn5u3sajz37lmyv8u3dmu on the Avalanche-X chain. @VeriDelisi has speculated that this address is linked to a Turkish exchange, potentially indicating significant sell-offs from this source. https://twitter.com/WuBlockchain/status/1804499362611163646?t=f1gy71ibrqtS93EE9zRRRw&s=19 ZachXBT has been monitoring an address suspected to be involved in the large-scale movement of 1.96 million AVAX, equivalent to $54.2 million. This entity has been transferring AVAX to platforms like Coinbase and THORChain. Following these AVAX deposits, the same entity reportedly withdrew over […]

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$ZRO Launches With $934M Market Cap And $3.7B FDV Amid Airdrop Frenzy, Driving Up Arbitrum Gas Prices

The recent launch of $ZRO has generated significant buzz in the crypto community, debuting with a $934 million market cap and a $3.7 billion fully diluted valuation (FDV). https://twitter.com/lookonchain/status/1803836484312797665?t=MNe50ka78M-uXiMFDe8CuQ&s=19 This excitement was further amplified by a notable transaction involving the Merkly deployer, who donated 2.83 ETH (approximately $9,976) to claim an airdrop of 102,068 $ZRO tokens. The deployer then sold all the airdropped $ZRO for 106.69 ETH, valued at around $381,000. https://twitter.com/defi_mochi/status/1803805759240917235?t=4j0qVWNmEkJe2JfxdROoaw&s=19 The airdrop frenzy has had a profound impact on the Arbitrum One network. Gas prices have soared above 25 gwei due to the high demand for claiming the LayerZero airdrop, marking an astonishing 257,000% increase in just 24 hours. ARB Transaction Spikes Due To Airdrop Rush  As a result, transaction costs have skyrocketed. A simple swap on Uniswap V3 now costs over $15, and the $ZRO claim fee […]

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LISTA Stablecoin Surges 18% On Launch; DWF Labs and Whales Reap Significant Gains

LISTA (LISTA), a decentralized stablecoin system with liquid staking, experienced an 18% price increase upon its launch on major exchanges, including Binance. This listing marks a significant milestone for LISTA. DWF Labs (@DWFLabs) is reportedly the market maker for @lista_dao. In the two days preceding the listing, DWF Labs received 10 million LISTA tokens from the project and transferred them to various centralized exchanges: 2.5 million LISTA to Bitget, 2 million to Binance, 1.5 million to MEXC, 850,000 to Gateio, and 850,000 to KuCoin. https://twitter.com/spotonchain/status/1803732325072777288?t=53l0pqLDnU2ogePmoOVuAw&s=19 A few hours ago, DWF Labs also received 32,339 pledged airdrops. At the Whales Market OTC price of $0.5482, this results in a profit of $17,728. Additionally, DWF Labs pledged 8,011 BNB to LISTA a month ago at an average price of $601 per BNB on May 25, resulting in a maximum floating profit of […]

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Stacks Protocols See Surge In Unique Wallets and Liquid Stacking Amid Block Generation Issues

The Stacks ecosystem is experiencing a surge in cumulative unique wallets across all protocols, with StackingDao leading the charge at 35,011 unique wallets. This growth highlights the increasing adoption and activity within the Stacks network. https://twitter.com/godfred_xcuz/status/1801374076713250942?t=1id0TMsc2oFxBGyBZYJssw&s=19 In the first half of 2024, Liquid Stacking on Stacks has flourished, with liquid stacked $STX now totaling 58 million $STX, equivalent to $122 million. A significant portion of this growth can be attributed to StackingDao, which alone accounts for 53.3 million $stSTX. This robust performance underscores the appeal of Stacks' liquid stacking options and the confidence users have in the protocol. https://twitter.com/Stacksybtc/status/1801567243811111386?s=19 Slight Interruption Experienced Amidst Surge In Unique Wallets  However, the network faced a notable challenge today with a block generation interruption. The Bitcoin L2 network Stacks paused block generation for more than nine hours between blocks 153917 and 153918. Although block […]

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$SPIKE Faces Massive Sell-Off, Drops 95% Amid Insider Activity and Security Breach

The cryptocurrency $SPIKE has experienced a dramatic 95% price drop due to significant insider selling. Insiders initially acquired large amounts of $SPIKE through multiple wallets before offloading 292.95 million $SPIKE tokens, representing 29.3% of the total supply, for 7,056 $SOL (approximately $1.06 million) in a short span of time. https://twitter.com/lookonchain/status/1800708085675327531?t=KUuj1pBk1ddGhA5n5LrpEg&s=19 Compounding the issue, a recent report from the team’s official handle on X confirmed a major security breach. One of the core team members was hacked, resulting in the draining of nearly all of the team's supply. The statement assured that the drained supply has finally been sold on the market and that the team's wallets are no longer compromised by the hacker. https://twitter.com/originalspike/status/1800774273147207941?t=PaUCzGD0cGGGKaYyoJI0dg&s=19 Despite the severe decline in $SPIKE's value, there is a glimmer of hope. The Mexc trading platform announced the conclusion of the @originalspike Kickstarter and confirmed […]

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Worldcoin’s Native Token $WLD Plummets Amidst Increased Selling Pressure

The native token of Sam Altman's iris-scanning initiative, Worldcoin, has encountered a significant setback, with its token, $Wld, witnessing a sharp decline of 15% within the past day, hitting a low of $4.953. The daily trading volume of WLD has surged to $920 million, marking a remarkable 127% increase. This surge in trading activity comes amidst a challenging period for Worldcoin, as its price has plummeted by 18% over the last week, facing notable selling pressure from investors. Https://twitter.com/lookonchain/status/1790292840695926949?t=09HuyTx-PA1dU7YoqcRdwg&s=19 Whale Deposits $WLD Tokens Into Exchanges  In response to the downward trend, a notable whale recently took action to mitigate losses by depositing all 624,479 $WLD tokens, valued at $3.33 million, into Binance. This move resulted in a loss of approximately $50K for the whale. The whale had accumulated 624,479 $WLD tokens over the past month from Binance, acquiring them at […]

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Cardano Hits 90 Million Transactions: A Milestone For The Blockchain

In an exciting development, Cardano has reached a significant milestone by processing a staggering 90 million transactions on its network. This achievement not only highlights the platform's robust infrastructure but also underscores its increasing adoption and usability across various sectors. https://twitter.com/CardanoFeed/status/1787961231233384621?t=qxpgA7-IecsmSn1vvTr69g&s=19 The surge in transaction volume reflects the growing confidence in Cardano's capabilities to support a wide array of use cases and transaction types. It signals a positive trajectory for the blockchain as it continues to evolve and expand its ecosystem. The timing of this milestone is particularly noteworthy, coinciding with the imminent rollout of network upgrades. Among these upgrades is Ouroboros Genesis, a critical component of the upcoming Chang upgrade set to be implemented this summer. Ouroboros Genesis introduces innovative features, such as the ability for nodes to autonomously boot themselves from the Cardano network, enhancing the platform's overall […]

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MakerDAO MKR Multisign Deposits Millions To Binance Amidst Market Activity

MakerDAO's Multisign wallet, identified as 0xbba, has recently made a significant deposit of 750 MKR, equivalent to $2.19 million, to Binance at a price of $2,920. This transaction was facilitated through a middle wallet, 0x1cc, adding to the ongoing activity surrounding the multisign's operations. Since its reactivation on March 18, 2024, following a three-month period of inactivity with MKR, the multisign has been actively depositing tokens to centralized exchanges (CEX) at strategic moments. Notably, it has deposited a total of 11,993 MKR, valued at an average of $3,184 per token ($31.18 million in total). These deposits often precede price drops in the MKR market. https://twitter.com/spotonchain/status/1787313284024053825?t=sPQQdtzvxLFq5i2avEKe8g&s=19 Multisign Activity To Watch On MKR Movements The multisign's activity includes two notable phases: between March 18 and April 22, where 9,043 MKR ($29.75 million) was transferred to Wintermute Trading OTC and subsequently to CEXs […]

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