Track market-moving stories before they get noisy

The On-Chain Economy Is Splitting in Two

Rubio: US and Iran to continue technical consultations at the end of this month

Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)

5 hours ago

Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.

According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.

5 hours ago

Bitcoin falls below $60,000

According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.

5 hours ago

US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

5 hours ago

US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.

According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.

5 hours ago

During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.

According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

5 hours ago

A guide to crypto trading bots: Analyzing strategies and performance

CryptoQuant analyst ‘caueconomy’ found that Bitcoin whales have dumped roughly $12.7B worth of $BTC over the past month. Shockingly, this marks the largest whale sell-offs since July 2022.

These $BTC liquidations are anticipated to keep the #1 crypto’s price under pressure for longer – especially if they’re ongoing.

Don’t want to sit in the dip while waiting for the market to perk back up? Then why not check out the best crypto presales?

Bitcoin Whale Reserves Down 10K+ $BTC in One Month In a blog post on Friday, ‘caueconomy’ highlighted that holders are offloading $BTC more aggressively. So much so that the #1 crypto has reached its highest distribution levels this year.

The analyst found that whale reserves have dropped by over 10K $BTC in the past 30 days, ‘signaling intense risk aversion among large investors.’

Source: X (CryptoQuant) They believe that this selling pressure is what’s been pushing $BTC’s price below $108K, a level it had sunk below last week.

At the time of writing, $BTC is valued at $111K. If you don’t want to wait for it to rebound yet wish to boost your portfolio, now is a great time to check out top presales.

Since these tokens are still in their fundraising stages and not yet trading on the open market, whale sell-offs don’t affect their prices. They’re safer investment opportunities to check out in today’s volatile market.

Even better, some presale coins are built with utility to help you thrive amid unfavorable market conditions, including Snorter Token ($SNORT), BlockchainFX ($BFX), and Best Wallet Token ($BEST).

1. Snorter Token ($SNORT) – Five-Figure Whale Investments Signal Confidence in Its Upcoming Trading Bot Snorter Token ($SNORT) is quickly attracting notable attention. It has already scooped up $3.7M+ on presale, propelled by three major whales investing $40K, $32K, and $21K.

Such foremost transactions highlight that big investors have faith in Snorter Bot, the crypto project’s upcoming Telegram trading bot.

Once launched this quarter, Snorter Bot will enable you to swap and automatically snipe new tokens quickly and safely. With an aardvark mascot, its ultimate ambition is to help you sniff out the next crypto to explode.

If you’re not a confident trader, Snorter Bot’s copy trading feature has your back. It’ll enable you to mirror top traders’ moves for greater profit potential effortlessly.

Better yet, it brings trust to the presale market that, unfortunately, isn’t scam-proof. Built with MEV protection, plus honeypot and rug pull alerts, the bot ensures you stay safe while chasing top opportunities for gains.

Source: Snorter Token It’ll first launch on Solana to take advantage of its low fees (just 0.85%) and fast transaction speeds (currently averaging 821.8 transactions per second). By doing so, it claims that it’ll outpace rival bots like Maestro, Trojan, Banana Gun, Bonk Bot, and Sol Trading Bot.

Once it has a foothold in the Solana arena, the bot will expand across multiple chains, including Ethereum, BNB Chain, and other EVM networks. This way, you can trade the hottest alpha across chains – not just the best Solana meme coins.

After buying $SNORT on presale, you can also anticipate leaderboard perks, DAO voting rights, and staking rewards at a 123% APY.

One $SNORT currently costs as little as $0.1037. Following early bot adoption and exchange listings, it’s projected to reach $1.02. So, now presents an opportune moment to join the presale for potential returns of over 883%.

2. BlockchainFX ($BFX) – Powers Global Exchange That Bridges DeFi & TradFi $BFX is the linchpin of BlockchainFX, a cutting-edge global exchange that bridges DeFi and TradFi. Owing to this, it has nearly raised an eye-boggling $7M on presale.

From a highly user-friendly app, you can access crypto and stocks, forex, ETFs, commodities, and bonds. It gives you easy access to the world’s top markets, all under one roof.

Although $BFX is still on presale, BlockchainFX has already granted access to over 500 assets, including $BTC, $ETH, gold, and Tesla.

Purchasing $BFX gives you early access to the platform, reduced trading fees, and daily staking rewards (in $USDT and $BFX).

It also gives you exclusive perks like access to the limited-edition BFX Visa Card, which can be topped up with 20+ cryptos to spend globally online or in-store. This way, you can easily spend your crypto without the hassle of off-ramps.

Source: BlockchainFX You can purchase $BFX on presale for just $0.022 to reap these perks. With a launch price set at $0.05, now’s a great time to secure early entry at its lowest current price.

3. Best Wallet Token ($BEST) – Raises $15.6M+ Over Fueling Crypto Wallet Perks Best Wallet Token ($BEST) has already attracted over $15.6M on presale as it’s the native token of Best Wallet, a mobile-friendly crypto wallet.

After downloading the mobile app, you can manage, buy, sell, swap, and stake over 1K digital assets across major chains, including Ethereum, Polygon, and BNB Chain.

It’ll soon support over 60 networks, so you can anticipate unlocking even greater crypto opportunities soon.

As a non-custodial wallet, you can rest easy knowing you have full ownership of your private keys.

Considering that private key compromises accounted for the largest share of stolen crypto last year, at 43.8%, non-custodial wallets like Best Wallet are safe choices.

Additionally, the wallet safeguards your digital assets, includes 2FA, biometric protection, local encryption, and personal cloud backups.

Beyond this, the wallet is full of intuitive tools for discovering top investment opportunities at reasonable prices. This includes a token launchpad and a swap function that scans 330+ DEXs and 30 bridges for the best rates.

Source: Best Wallet It also has an ambitious roadmap that includes a crypto debit card (Best Card), a built-in NFT gallery, and a rewards hub for loyal users. And that’s to name a few.

When buying $BEST, you’ll also be granted with lower gas fees, governance rights, and staking rewards (currently at an 85% APY).

You can buy $BEST on presale for just $0.025605. But don’t wait around: Its price will increase later today and is forecasted to hit $0.035215 after being listed on Uniswap, one of the best decentralized exchanges.

Verdict – The Best Crypto Presales Are Safe Investment Opportunities Bitcoin Whales offloading 100K+ $BTC shows that not even the world’s largest crypto is protected from sudden supply shocks.

If you don’t want to wait for the volatility to clear up, your current best bet might be investing in the best crypto presales, like $SNORT, $BFX, and $BEST.

Because they’re not yet listed on the market, they’re protected from whale-driven price swings. Plus, their utility helps you explore the next crypto that’s primed to thrive.

This isn’t investment advice. Always do your own research and never invest more than you’d be sad to lose.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/best-crypto-presales-amid-big-bitcoin-sell-off/

5 DePin Coins to Add to Your Portfolio in June 2024

Nosana, a decentralized infrastructure network built on Solana, has officially launched its mainnet alongside the opening of its GPU Marketplace. This milestone enables public access to Nosana’s decentralized GPU grid, offering affordable and efficient AI compute solutions.

With the GPU Marketplace now live, individuals with compatible GPUs can register as hosts to provide compute power for AI inference workloads. Businesses and researchers can access the decentralized grid to run tasks at significantly lower costs than traditional cloud providers. Nosana has focused on leveraging underutilized consumer GPUs, ensuring accessibility and scalability while reducing barriers to AI innovation.

Nosana initially launched its Test Grid in March 2024, and over the past year, Nosana has conducted extensive testing and refinement of its platform, starting with a closed group of testers. The network uses performance benchmarks to ensure reliability, with proven hosts upgraded to Premium Markets for higher-value workloads. Dynamic pricing models keep costs competitive for businesses while offering consistent earnings to GPU hosts.

Nosana has already formed partnerships with organizations such as Matrix One, PiKNiK, and Sogni.AI, which have used the GPU marketplace for tasks ranging from AI-powered avatars to enterprise-grade cloud infrastructure. These collaborations underscore the platform’s versatility in meeting diverse computational needs across industries.

Nosana's 2.5X Cost Savings Over Cloud Providers Messari Research highlighted the platform’s potential to address the growing demand for decentralized AI computing. The report noted that Nosana’s pivot to AI inference in 2023 positioned it to capitalize on surging GPU demand. In 2024, Nosana nodes processed 985,000 jobs, and the platform demonstrated cost savings of up to 2.5X compared to centralized cloud providers.

Source: Messari Research

Additionally, 29.7 million NOS tokens, equivalent to $92.4 million, were staked on the network, reflecting significant user engagement.

The mainnet launch and GPU Marketplace mark a major step forward for Nosana, as the platform aims to provide a decentralized alternative for AI compute, empowering businesses and researchers to innovate with fewer financial and technical constraints.

On-Chain Signals That Will Define Crypto Markets in 2026

How MEXC Outpaces Exchanges in Meme Coin and Token Listings in 2024

In This Article PAWS Lands On MEXC - Listing and Community ResponseMissed the PAWS Airdrop? Mind of Pepe, Already Raising Over $8M in Presale, Could Be Your Next Big Opportunity Users are not happy with PAWS airdrop and we will explain why. PAWS Labs is a SocialFi token that started as a Telegram mini-app, similar to Hamster Kombat, and later moved to the Solana blockchain. It rewards users for engaging in chats, completing tasks, and inviting friends. The token aims to turn social interaction into real value. But recently some drama sparked because of bybit airdrop. Whate happened?

On April 15, Bybit distributed PAWS tokens to eligible users. However, many users received incorrect amounts, while others got nothing. Bybit acknowledged the error and reversed all allocations. They promised a fair redistribution based on updated eligibility data. Users in the European Economic Area were excluded due to regulatory rules.

DISCOVER: Best New Cryptocurrencies to Invest in 2025

The airdrop issues caused confusion and frustration among users. Some saw their token balances disappear overnight. Bybit assured users that the tokens were not lost and would be reallocated fairly. They advised users to verify their status through official channels and warned against phishing attempts.

$PAWS really airdropped dust to people, imagine the absolute waste of time.

— King.sol 🇶🇦 (@teddi_speaks) April 16, 2025

PAWS Lands On MEXC – Listing and Community Response Despite the airdrop drama, PAWS was listed on MEXC on April 16. The exchange opened trading for PAWS/USDT and PAWS/USDC pairs. MEXC also launched promotional events to celebrate the listing. The MEXC listing provided users access to the token and supported its adoption.

PAWS allocated 62.5% of its total supply to community rewards. This includes early adopters of the Telegram mini-app and holders of certain Solana assets. The project aims to build a strong community and promote user engagement. The token serves as a value medium and core incentive within the ecosystem.

The PAWS team expressed regret for the inconvenience caused by the airdrop issues. They encouraged affected users to reach out for support and provided options for on-chain claims. The team remains committed to ensuring a fair and transparent distribution process.

But the reality remains that this PAWS airdrop disappointed the users again.

DISCOVER: Top 20 Crypto to Buy in April 2025

Missed the PAWS Airdrop? Mind of Pepe, Already Raising Over $8M in Presale, Could Be Your Next Big Opportunity

If you missed out on the PAWS airdrop or felt let down by its chaotic rollout, there’s a new opportunity catching the crypto community’s attention: MIND of Pepe ($MIND). This project combines the fun of meme coins with the cutting-edge capabilities of artificial intelligence.

MIND of Pepe is an AI-driven meme coin that has already raised over $8 million in its presale. The token is currently priced at $0.0037165, but this rate is set to increase soon as the presale progresses through its 70 stages. But what does it offer?

AI Trading Assistant: MIND of Pepe features an autonomous AI agent that analyzes social media and blockchain data to identify potential trading signals. Staking Rewards: Early adopters can stake their tokens during the presale for an annual percentage yield (APY) of 279%. Autonomous Operations: The AI agent can automatically emit new tokens and interact with decentralized applications (dApps) without human intervention, providing users with early access to tokens and market insights. The integration of AI in crypto is on the rise, with the AI market projected to reach $826 billion by 2030. MIND of Pepe positions itself within this trend by combining AI capabilities with the viral nature of meme coins.

While MIND of Pepe offers innovative features, potential investors should know the inherent risks associated with early-stage cryptocurrency ventures. High APYs may decrease as more users join the staking program, and the project’s success depends on the effective implementation of its AI agent and market adoption.

MIND of Pepe presents a compelling option that blends meme culture with AI technology. As always, conduct thorough research and consider the risks before investing.

Key Takeaways Airdrop Chaos: Many users received incorrect or no PAWS tokens, prompting Bybit to reverse distributions and reallocate fairly. EEA Exclusions: Users in the European Economic Area were blocked from the airdrop due to MiCA regulations. Despite the drama, PAWS successfully launched on MEXC, helping boost visibility and community engagement. Mind of Pepe better than PAWS? $8 million in presale and offering early staking rewards with high APY. All powered by AI. #Presales

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Follow 99Bitcoins on your Google News Feed

Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!

Subscribe now

Fatima

Crypto Journalist

Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she's not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,... Read More

Free Bitcoin Crash Course Enjoyed by over 100,000 students. One email a day, 7 days in a row. Short and educational, guaranteed!

Top Crypto Trends of 2024: From AI Agents to Modular Blockchains

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.

Popular crypto analyst on X, cyclop (@nobrainflip) with 346,000 followers made a compelling argument for investors looking to maximize their returns through strategic altcoin investing. With Bitcoin (BTC) making a new all-time high, the focus has shifted to altcoins, which are poised for significant growth in the current bull cycle.

According to the analyst, the market moves in a predictable cycle, starting with a surge in BTC and ETH, followed by high-cap altcoins, and finally, the lower-cap coins. “We’re entering a phase where the real growth will be seen in altcoins, especially those that are new to the market. The first wave with Bitcoin and Ethereum has passed, and now it’s the altcoins’ turn to shine,” the analyst explained. He further claims:

You can still turn $1k into million this cycle. MATIC made 300x after the BTC pump last bull run. Wanna find the next MATIC? Ape in new shiny projects, no ADA, XRP, ATOM. Here’re 8 plays with 100x potential for this cycle.

Highlighting the strategic importance of choosing newer altcoins over veterans like ADA, XRP, and ATOM, the analyst pointed out, “New altcoins are not just about the novelty; they bring to the table advanced technologies, rapid development, and an eagerness to capture market share. This is not merely speculation; it’s a pattern supported by historical market behavior.”

The analyst’s selection of eight altcoins spans sectors with burgeoning potential: AI, GameFi, Layer 2 solutions, and meme coins, each chosen for its unique value proposition and growth trajectory.

Top 8 Altcoins To Turn $1,000 Into $1 Million enqAI (formerly known as noiseGPT) (ENQAI) emerges as a beacon in the artificial intelligence sector within crypto, boasting a market cap of $119 million. The platform’s dedication to uncensored, unbiased AI sets a new standard. “In a market hungry for innovation, enqAI represents the cutting edge of AI within the crypto space,” the analyst elaborates, underscoring the project’s unique position to capitalize on the AI revolution.

Jito Network (JTO) stands out with its strategic enhancements to the Solana ecosystem, featuring a market cap of $300 million. Through its JitoSOL liquid staking pool and MEV products, it aims to redefine efficiency. “Jito Network is not just supporting Solana; it’s propelling it forward,” says the analyst, highlighting its pivotal role in the ecosystem’s expansion.

ChainGPT (CGPT) introduces an avant-garde AI infrastructure designed for the Web3, Blockchain, and Crypto spaces, flaunting a market cap of $156 million. The integration of AI technologies heralds a new era for blockchain functionality. “ChainGPT is at the forefront of the AI and blockchain convergence,” the analyst notes, emphasizing its innovative approach.

Starknet (STRK), with a $1.7 billion market cap, shines as a ZK-Rollup Layer 2 scaling solution, championing Ethereum’s scalability without compromising security. The involvement of Ethereum co-founder Vitalik Buterin further elevates its stature. “Starknet’s innovation, backed by Ethereum’s own Vitalik Buterin, is set to play a crucial role in the next phase of blockchain scalability,” the analyst reflects, indicating a significant endorsement.

Celestia (TIA) marks a revolution in blockchain technology with its modular approach, boasting a $2.6 billion market cap. This innovation paves the way for simplified blockchain launches. “Celestia is redefining blockchain architecture, making it more accessible and scalable for future innovators,” the analyst explains, showcasing its potential to transform the blockchain landscape.

In the GameFi arena, Heroes of Mavia (MAVIA) captures attention with its strategic gameplay and immersive world, supported by a market cap of $178 million. This Web3 MMO strategy game merges gaming with blockchain in novel ways. “MAVIA isn’t just a game; it’s the future of integrated blockchain gaming,” the analyst states, highlighting its potential to redefine gaming experiences.

Milady Meme Coin (LADYS), adorned with a lively NFT collection and an engaging community, carves its niche with a market cap of $97 million. “Milady Meme Coin embodies the spirit of crypto’s culture, merging art with community in an unprecedented way,” the analyst comments, capturing the essence of its appeal.

SatoshiVM (SAVM) rounds out the list with its innovative Bitcoin ZK Rollup Layer 2 solution, showcasing a market cap of $51 million. Its approach to utilizing BTC for gas fees introduces a novel utility for Bitcoin. “SatoshiVM’s pioneering solution leverages Bitcoin’s security in a way that could redefine its application in the broader DeFi ecosystem,” the analyst anticipates, envisioning a new trajectory for Bitcoin’s utility.

At press time, JTO traded at $2.8677.

JTO price, 1-day chart | Source: JTOUSD on TradingView.com Featured image created with DALL·E, chart from TradingView.com

Rubio: US and Iran to continue technical consultations at the end of this month

Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)

5 hours ago

Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.

According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.

5 hours ago

Bitcoin falls below $60,000

According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.

5 hours ago

US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

5 hours ago

US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.

According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.

5 hours ago

During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.

According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

5 hours ago

3 Newly Listed Altcoins Traders Are Buying During Market Correction

GOAT rallied to as high as 71% today after it secured a listing on Binance Alpha, paving the way for a potential future listing on the main exchange.

According to data from crypto.news, Solana-based memecoin Goatseus Maximus (GOAT) soared to an intraday high of $0.248, its highest level since Jan. 25, and up nearly 600% from last month’s low. The surge came alongside a massive 178% spike in trading volume, with nearly $373 million worth of GOAT traded in 24 hours.

There are three main catalysts driving GOAT crypto’s gains today.

First, GOAT was recently added to the Binance Alpha platform, a spotlight section within crypto exchange Binance designed to highlight early-stage or trending crypto projects to users.

While a listing on Binance Alpha does not automatically mean Binance will list the token, projects featured on Alpha often gain significant exposure, and if they demonstrate strong community interest, trading volume, and sustainability, they stand a higher chance of being fully listed on Binance in the future.

Second, GOAT’s rally comes amid a broader rally among Solana-based memecoins with the sector gaining 10.5% over the past day as other major players like dogwifhat (WIF), Peanut the Squirrel (PNUT), cat in a dogs world (MEW), and Moo Deng (MOODENG) are experiencing gains ranging between 25-100% respectively.

Lastly, activity in the derivatives market has picked up sharply over the past day. Data from CoinGlass shows open interest in GOAT futures was up 61% in the past 24 hours when writing, sitting at a four-month high of $161.7 million.

Meanwhile, the long/short ratio on Binance was far above 1 as of last check, which is a sign that more traders were betting that GOAT will continue climbing in the short term.

Together, the data points to a growing wave of speculative optimism, with traders seemingly positioning for a breakout if GOAT secures a full Binance listing.

GOAT price analysis Looking at GOAT’s price action, the technical charts are also flashing bullish signals. On the daily USDT chart, the 20-day exponential moving average just crossed above the 50-day moving average, forming a bullish “golden cross.”

GOAT price, 50-day and 200-day EMA chart — May 12 | Source: crypto.news The Supertrend indicator has also flipped green, suggesting the trend remains upward. 

GOAT Supertrend and MFI chart — May 12 | Source: crypto.news On top of that, the Money Flow Index hit 91, pointing to strong buying pressure and fresh funds pouring into GOAT, suggesting bulls remain firmly in control despite the overbought reading.

Given this bullish setup, the next target for GOAT is likely around the $0.39 to $0.41 area, a crucial support-resistance zone. If GOAT breaks through this zone, it could rally toward its yearly high of $0.59, which represents around 150% upside from its current level.

As of the latest update, GOAT has slightly pulled back from its daily peak, trading around $0.22 per coin.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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.

Uniswap has become the world’s first decentralized exchange to hit $3 trillion in aggregate all-time volume.

CEO and founder Hayden Adams posted the achievement on X and thanked everyone who used the platform and helped decentralize the global finance system.

Uniswap currently holds a 23% market share when it comes to daily DEX volumes, with around $3B in volume in the last 24 hours.

As decentralized finance takes center stage, early DeFi investments could really reap heavy rewards.

Read on as we uncover more about Uniswap and also recommend the best new crypto you can invest in to make the most out of the DeFi movement.

Uniswap’s Smart Wallet Plans Uniswap started operating in late 2018. It’s really remarkable that it breached the $3T volume mark in just over six years.

Adam’s tweet also mentioned that Uniswap might be the first DEX to cross the $10T threshold.

$UNI, Uniswap’s native token, showed incredible strength during the last week. It rose around 39% and is currently trading around $7.

It’s worth noting that the CEO has also revealed plans to roll out a native 7702 wallet and support other 7702 wallets through EIP 5792.

7702 wallets allow Externally Owned Accounts (EOAs) to temporarily behave like smart contract wallets during a transaction.

They also come with advanced features such as gasless transactions and custom authentication, which were previously complex and costly.

Also, the new Pectra upgrade aims to bridge the gap between smart wallets and traditional wallets, mobilizing the DeFi migration. It also aims to make swapping crypto a lot more straightforward.

Unlike now, where you have to connect your wallet, pay gas fees, and go through several approval steps, 7702 wallets will allow for one-click swaps, thereby simplifying crypto trading.

As the DeFi ecosystem continues to grow with new features and applications being launched every other day, it’s clear that the future of global finance will have decentralization at its core.

Fret not, though, as you still have time to catch the DeFi train. To help you do so, we’ve handpicked the best cryptos to invest in right now.

1. Solaxy ($SOLX) – Best New Crypto to Buy Right Now When talking about new cryptos that will have a strong impact on the DeFi sector, Solaxy ($SOLX) is the first to come to mind.

After all, this multi-chain token aims to revamp Solana and restore its past glory. Solana, in case you didn’t know, was caught off guard by the launch of $TRUMP and $MELANIA.

The amount of new investors these cryptos brought to Solana proved to be too much for the network. As a result, the blockchain became prone to congestion and failed transactions during periods of heavy traffic.

To solve these issues, Solaxy will build the first-ever Layer 2 on Solana. It will process a bunch of Solana’s transactions on a sidechain, freeing up the network’s mainnet and increasing its speed and efficiency.

What’s more, since $SOLX will process multiple transactions simultaneously, i.e., in batches instead of one by one, it will also reduce the overall costs required to buy and sell cryptos on Solana.

The project has raised over $34.7M so far, but luckily for you, each token is still available for a low price of $0.001722. Want in? Here’s how to buy Solaxy.

2. BTC Bull Token ($BTCBULL) – Best Bitcoin-Themed New Altcoin on the Market Today BTC Bull Token ($BTCBULL) is arguably the best crypto to buy for Bitcoin supporters who are looking for a low-cost way to ride the king cryptocurrency’s growth.

The project’s developers are positive about their token following Bitcoin’s trajectory thanks to its never-before-seen approach to airdrops.

$BTCBULL holders (who store their tokens in Best Wallet) will be rewarded with free $BTC every time Bitcoin reaches a new milestone, such as $150K, $200K, and $250K.

Even better, BTC Bull Token will also follow a deflationary model. According to the project’s whitepaper, it will shave off a portion of the total token supply with every $25K jump in Bitcoin’s price.

So, as Bitcoin reaches record price levels, there’ll be fewer and fewer $BTCBULL tokens on the market. This will increase its demand as well as its price.

Speaking of the token’s price, we’ve predicted $BTCBULL to reach $0.0096 by the end of next year.

This means if you buy BTC Bull Token now for just $0.00251, you could stand to gain around 282.40% ROI in a little over 12 months. The project has over $5.6M in early investor funding at the time of writing.

3. Goatseus Maximus ($GOAT) – Viral Meme Coin Supported by an AI Chatbot Goatseus Maximus is a meme coin on Solana that launched in November 2024. It was created by a user on Pump.fun, but was later adopted by the Truth Terminal AI chatbot, which actively promotes it.

Interestingly, the chatbot calls $GOAT a ‘Trojan horse’ because it’s apparently going to reach every corner of the internet, gathering the support of millions of crypto traders.

After it benefited from the crypto bull run at the time of its launch, reaching a high of around $1.2, $GOAT fell by over 80%.

Now, however, it’s back among the top trending cryptos, having jumped nearly 200% in the last seven days.

$GOAT is currently trading at $0.2146, and seeing as another crypto bull run might be upon us, there’s a high likelihood that this cheap crypto keeps on breaking previous resistance levels.

Bottom Line – New Crypto in a Pole Position to Explode The crypto market has been green across the board ever since Bitcoin started trending upwards a few days ago.

If the trend continues, we can see new low-cap coins snap at the heels of the best meme coins in potentially no time at all.

At the same time, though, it’s worth remembering that the crypto arena is highly unpredictable and volatile.

Only jump in with an amount you’re comfortable losing, and always do your own research before investing. This article isn’t financial advice, after all.

In an era where internet culture drives financial markets, few stories capture the absurdity quite like Peanut the Squirrel ($PNUT). This Solana-based memecoin emerged from genuine tragedy—a beloved pet squirrel's controversial euthanization—and transformed viral outrage into a top 200 CoinMarketCap cryptocurrency with listings on Binance and Coinbase.

What started as social media fury over government overreach became something much larger. When the New York State Department of Environmental Conservation (NYSDEC) euthanized Peanut in October 2024, the incident sparked widespread criticism and caught the attention of high-profile figures like Elon Musk. This perfect storm of emotion, politics, and internet culture created fertile ground for what would become one of 2024's most talked-about memecoins.

Our comprehensive review examines how $PNUT leveraged viral storytelling to achieve remarkable market success while also exploring the very real risks associated with investing in tokens built on internet sentiment.

From Viral Tragedy to Crypto PhenomenonThe incident that sparked $PNUT quickly became politicized, with critics arguing the government action represented regulatory overreach. But it was the amplification by internet personalities that truly set things in motion.

Musk's criticism on X significantly expanded the story's reach beyond typical animal welfare discussions. When Joe Rogan picked up the narrative on his podcast, connecting it to broader themes of government authority, the foundation was set for something unprecedented in the crypto world.

$PNUT launched in early November 2024 on Pump.fun, timing perfectly with the viral outrage surrounding Peanut's death. The token gained explosive momentum as internet users rallied around the story, transforming grief and anger into financial speculation. Unlike traditional cryptocurrencies with detailed whitepapers and utility roadmaps, $PNUT embraced its nature as pure viral storytelling—and that authenticity resonated.

The development team remains largely anonymous, which is standard practice in the memecoin space but understandably raises transparency questions. Their official presence centers around pnutsol.com and the @pnutsolana X account, where they share updates about exchange listings and community milestones with the enthusiasm you'd expect from a project built on internet culture.

Market Performance: When Memes Meet Money$PNUT's tokenomics follow the memecoin playbook—keep it simple, make it accessible. With a total supply of 1 billion tokens and claimed zero transaction taxes, the project removes typical friction points that might discourage casual traders drawn in by the viral story.

But here's where things get interesting from a market perspective. Despite its humble origins, $PNUT has carved out a significant position in the cryptocurrency rankings, currently sitting in the top 200 on CoinMarketCap. That's no small feat in a space with thousands of competing tokens.

The price action tells a story of extreme volatility that would make even seasoned crypto traders dizzy:

Launch Price: Started around $0.032 on November 4, 2024Peak Performance: Reached $2.44 on November 14, 2024Explosive Growth: Over 7,500% gain from launch to peakHolder Base: 93,413 token holders as of June 2025The Exchange Validation GamePerhaps nothing legitimizes a memecoin quite like major exchange listings—and $PNUT hit the jackpot. The Binance listing on November 11, 2024, marked a pivotal moment that transformed the token from an internet curiosity to a serious market player. The immediate 300% price surge that followed pushed the token above $1 billion market cap within 48 hours, proving that even in crypto's wild west, institutional validation still matters.

What made the Binance listing even more significant was the exchange's decision to create a BTC/PNUT trading pair. This wasn't just another altcoin listing—Binance had previously reserved Bitcoin pairings for established players like Dogecoin. The move signaled genuine confidence in $PNUT's staying power and provided additional legitimacy that many memecoins never achieve.

The domino effect continued when Coinbase officially listed $PNUT in December 2024. The announcement alone triggered a 20% price surge and pushed the token's market cap back above $1 billion. It's a testament to how much weight these endorsements carry in the crypto space.

Beyond the major players, $PNUT secured listings across various exchanges including, Poloniex, KuCoin, HTX, and RevolutApp for UK users. Each new listing expanded accessibility and trading volume, creating the kind of network effects that separate successful memecoins from one-hit wonders. The token even earned a spot as a loanable asset on Binance Loans by June 2025, allowing holders to earn yield on their positions.

The $PNUT community embodies everything fascinating and terrifying about internet-driven investing. Centered around their X account and their Telegram channel, the community operates with the passionate intensity typical of viral internet movements.

What's striking is how the community has embraced both the absurdity and the serious financial implications of their investment. Social media feeds mix memes about squirrels with technical analysis charts, creating a unique blend of humor and financial speculation. Recent posts have celebrated everything from RevolutApp trading availability to Binance's BTC pairing, treating each development as validation of their collective belief in the project.

The sentiment remains largely bullish, with many supporters describing the token as "underpriced"—a common refrain in memecoin communities that sometimes proves prophetic and sometimes leads to painful lessons. Interestingly, some members have tied price movements to political events, particularly Trump's inauguration in January 2025, showing how the original political narrative continues to influence trading psychology.

While Musk's and Rogan's comments weren't direct token endorsements, they provided the foundational story that continues to drive community engagement. However, the community shows signs of maturity rarely seen in memecoin spaces—several X posts actually warn about potential volatility and "bull traps," suggesting a more balanced perspective than the typical "diamond hands" mentality.

Technical Architecture and Security Features$PNUT benefits from Solana's technical infrastructure, which provides fast transaction processing and low fees compared to Ethereum-based alternatives. Transactions settle within seconds at costs typically under $0.01, making it practical for both large and small trades.

The smart contract includes several security features designed to prevent common scams:

Minting Disabled: Total supply locked at 1 billion tokens permanentlyFreezing Disabled: Developers cannot lock user funds or manipulate transfersLiquidity Locked: 99.65% of Raydium pool liquidity secured, reducing rug-pull risksGT Score: Achieved 96.33 on GeckoTerminal, reflecting strong market healthLiquidity security represents another strong point. The project maintains $8.1 million in on-chain liquidity, with the vast majority locked in place.

Contract verification on blockchain explorers allows technically skilled investors to review the token's code and confirm the claimed security features. The contract address can be used to verify token supply, holder distribution, and transaction history.

Addressing Scam Concerns and Controversies$PNUT has faced scrutiny from cryptocurrency analysis platforms questioning its legitimacy, with critics pointing to emotional manipulation tactics, lack of team transparency, and vague tokenomics descriptions. However, these concerns must be evaluated within the context of memecoin standards—most successful projects like Dogecoin and Shiba Inu began with minimal utility and anonymous teams.

Binance's listing decision provides significant credibility to the token's legitimacy. Major exchanges conduct thorough due diligence before listing new tokens, and the fact that Binance created a BTC pairing suggests confidence in the project's authenticity.

The most significant controversy involves a legal dispute between Mark Longo, Peanut's original owner, and Binance over alleged trademark infringement. While this caused a temporary 10% price dip in December 2024, it appears focused on intellectual property rather than the token's fundamental legitimacy. $PNUT continues trading normally across all exchanges.

Investors should also be aware of fake airdrops and fraudulent websites attempting to capitalize on the $PNUT brand, though these are unrelated to the official project.

Investment Opportunities and Risk Assessment$PNUT presents compelling opportunities for cryptocurrency investors seeking exposure to the memecoin sector, but the risks are equally substantial. The token's major exchange listings provide high visibility and liquidity, making it easier to enter and exit positions compared to smaller memecoins traded only on decentralized exchanges.

Key Investment Opportunities:

Major Exchange Access: Listed on Binance, Coinbase, and multiple tier-1 platformsPolitical Narrative: Connection to government overreach themes provides sustained story appealSolana Ecosystem: Benefits from fast, cheap transactions and growing DeFi integrationProven Community: Strong social media presence with engaged holder baseHowever, the risks associated with $PNUT investment are substantial and typical of memecoin investing. The token lacks fundamental utility or revenue-generating mechanisms, making its value entirely dependent on market sentiment and speculative trading. This creates extreme volatility and the potential for significant losses.

Comparison with Other Meme Tokens$PNUT shares characteristics with established meme tokens like Dogecoin and Shiba Inu but stands out through its politically charged narrative and high-profile endorsements. The token's Binance BTC pairing places it in exclusive company with Dogecoin, suggesting institutional recognition that few meme tokens achieve.

Compared to Ethereum-based alternatives, $PNUT benefits from Solana's superior transaction speed and lower costs, making it more practical for frequent trading. Within the Solana ecosystem, it has achieved superior exchange recognition compared to competitors like $PENGU, which focus on NFT integration rather than pure viral marketing.

The political angle distinguishes $PNUT from most meme tokens, which typically rely on internet culture or celebrity endorsements. This connection could provide sustained narrative power but also creates risks if political sentiment shifts or the underlying story loses relevance.

Future Outlook and Conclusion$PNUT has established itself as a legitimate participant in the meme token sector through major exchange listings, locked liquidity, and disabled token manipulation features. While concerns about transparency and utility remain valid, the token's infrastructure and market presence suggest it is not a scam, despite some early skepticism.

However, long-term success requires $PNUT to maintain relevance beyond its initial viral moment. The token's lack of utility and anonymous development team create sustainability challenges that may become more significant as market attention shifts to newer projects or different narratives.

The regulatory environment remains uncertain for memecoins generally, and $PNUT's political themes could attract additional scrutiny. While current legal challenges appear manageable, investors should monitor regulatory developments that could impact trading or exchange listings.

Despite these challenges, $PNUT demonstrates that viral storytelling combined with solid technical infrastructure can create significant market value in the cryptocurrency space. Whether this value proves sustainable depends on the community's ability to maintain engagement and find new narratives that keep the token relevant in an increasingly competitive meme token landscape.

For more information about $PNUT, visit the official website at pnutsol.com or follow updates on X @pnutsolana.

Peanut the Squirrel (PNUT), a Solana-based meme coin, surged more than 10% in price in just 24 hours. The rally followed a viral post from Elon Musk that drew attention to the project in a surprising way.

Elon Musk’s Epstein Remarks Coincides with PNUT Price Surge Musk posted a meme and message criticizing the lack of justice around the Epstein client list. His X post highlighted that “more squirrels and raccoons have been arrested” than anyone linked to Jeffrey Epstein.

He then referenced a squirrel named Peanut who was “arrested (and killed).” Although Musk didn’t mention PNUT directly, his post’s timing aligned with a surge in the coin’s price and trading volume.

The post quickly went viral, gathering over 4.5 million views in just a few hours. Traders appeared to connect the mention of “Peanut” with the meme token PNUT, leading to a wave of interest.

PNUT price jumped from around $0.2279 to $0.2357 shortly after the post. Volume also spiked by more than 80%, hitting over $214 million in 24 hours. PNUT’s market cap is now just above $235 million, with nearly 1 billion tokens in supply.

Source: CoinMarketCap Musk’s Peanut Post Showcases the Power of Viral Hype Peanut the Squirrel has gained a cult-like following in recent months. The project mixes humor and internet culture with Solana’s fast transaction speeds.

This isn’t the first time Musk has caused a meme coin to spike. His past tweets have fueled rallies in Dogecoin and Floki coins.

The market often reacts quickly when Musk references anything meme-related, even if it’s vague or indirect. The rise of PNUT price reflects how social media buzz still plays a huge role in crypto trading.

A single viral post can move millions of dollars. In this case, it was a political jab wrapped in humor that sent a Solana meme coin flying. Whether PNUT continues to climb depends on future interest and momentum.

For now, Musk’s post has given PNUT its biggest spotlight moment yet. Solana meme coins are once again proving they can move fast with just the right amount of hype.

Solana’s price action this year has followed a clear but uncomfortable pattern. After pushing to a new all-time high around the $296 region in January, the rally quickly lost momentum and transitioned into a steady decline that has persisted for months. 

Many traders have attributed this weakness to a risk-off sentiment across crypto, but a deeper on-chain breakdown shared by crypto analyst Ardi on X suggests the story began well before the January peak and has more to do with who was buying and who was quietly exiting.

Distribution Was Already Underway Before The January Peak Solana has been on a clear downtrend since September, when it reached a lower high of around $247 compared to its January 19 all-time high of $293. One of the most important insights from Ardi’s analysis is that Solana’s January all-time high did not mark the start of distribution but rather the culmination of it. 

The chart attached to his post shows that selling volume was already increasing months earlier, well ahead of October, meaning that large holders were positioning for exits long before price reached its final peak. From that perspective, the January high looks less like the beginning of a new expansion phase and more like the last push of a rally. 

Source: Chart from Ardi on X After that point, price action began forming lower highs, and each rebound attempt lacked the strength needed to reclaim the all-time high. Interestingly, Solana failed to reach a new all-time high, even as other large market cap cryptos like Bitcoin, Ethereum, XRP, and BNB pushed to new all-time highs during the year.

Another interesting feature of the data is the widening gap between retail behavior and that of larger players. Cumulative delta metrics on the chart show that retail-sized wallets have been consistently active throughout the year and are increasing their activity even as Solana’s price moved lower.

On the other hand, mid-sized and institutional wallets tell a very different story. Their activity has been trending downward for months, starting from the January peak and extending up until the time of writing.

Is Solana’s Price Becoming Dependent On Memecoin Activity? Ardi’s analysis also raises a broader question about what is currently driving demand for Solana. Outside of retail activity on Solana itself, one of the few consistent sources of activity has been the memecoin sector. Successes and booms of meme coins like Cat in a Dogs World (MEW), Peanut the Squirrel (PNUT), and Fartcoin (FARTCOIN), which gained traction in the second half of 2024, contributed to Solana’s push to all-time highs during those periods.

Those meme coin successes culminated with the launch of the Official Trump ($TRUMP) token in January 2025 on Solana, which experienced eye-watering gains shortly after its launch. This, in turn, contributed to Solana’s all-time high in January. 

However, since then, the TRUMP token and other Solana-based meme coins have been trending downwards in recent months and no longer command the same level of attention or trading intensity they had this time last year. That has led to the view that Solana’s price is increasingly sensitive to the success of memecoins in its ecosystem. 

At the time of writing, Solana is trading at $121.50, down by about 58.6% from its January all-time high of $293.

SOL trading at $121 on the 1D chart | Source: SOLUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com

Artist threatens legal action on ‘Chill Guy’ meme tokens, community responds

TikTok Meme Coin CHILLGUY Soars 101% Despite Creator’s Legal Threats 

Phillip Banks, the artist behind the viral "Chill Guy" meme, has taken to Twitter to threaten legal action against meme coins using his art. 

Solana meme coin CHILLGUY had peaked at a $500 million market cap. But in the two hours that followed Banks’ tweet, the price plummeted 54% to $220 million. It's now up to $375 million. CHILLGUY surged by over 400% on Wednesday; the token was created less than a week ago.

“Chill guy has been copyrighted. Like, legally. I'll be issuing takedowns on for-profit-related things over the next few days,” Banks posted on Twitter, after a brief hiatus from the platform.

As Chill Guy has become an internet sensation, big celebrities—from UFC heavyweight champion Jon Jones to rapper Sexyy Red—and brands like classic Xbox franchise Halo have reposted the meme. This kind of usage the artist doesn’t mind, he said, but the creation of crypto coins crosses the line.

Banks said that he won't pursue action against "brand accounts using him as a trend," adding that it's "kinda something I don't really care about (I do just ask for credit or Xboxes).” He explained on Twitter that the usage he doesn’t like includes “mainly unauthorized merchandise and shitcoins.”

As the CHILLGUY meme coin roared throughout the week, Banks put his Twitter account on private and slammed crypto projects using his art. He claimed that his DMs and notifications were being bombarded with “crypto shit,” and that’s why he needed to take a brief break from the site.

Although that happened on Tuesday, it didn’t stop the CHILLGUY ascension as it rose from $11.45 million at the start of the day to a Wednesday peak of $510 million. On top of this, countless other tokens launched using Banks’ artwork or adjusting it to fit their needs—i.e. CHILWIFHAT, Not a Chill Guy (PHILLIP), and CHILLGIRL.

Despite this formal denouncement and threat from the Chill Guy art creator, some crypto exchanges have continued to list the token for trading on their platform. Crypto.com and Gate.io have already listed the token, while Binance’s Twitter account hinted at the possibility.

This situation echoes meme coin-fueled copyright feuds of the past. Most notably, Solana token Shark Cat (SC) used the image of an internet-famous kitten called Nala without its owners permission. This led to threats of legal action, but the two sides eventually settled outside of court with the cat owner coming to an agreement with the token team.

The CHILLGUY meme coin has created a donation wallet earmarked for Banks. At the time of writing, the wallet has $59,000 worth of Solana and nearly $240,000 worth of tokens—including $177,000 of CHILLGUY, $44,700 of REALLYCHILLGUY, and $2,500 of FWOG.

We are just 100,000 chill guys who appreciate your art @PhillipBankss

Donation wallet is set up, if you don't want the money we will donate it to a charity of your choice.

AySxUvESXdGTVT6G3psgzWahduxJx8bGkb4Ddip8sADx pic.twitter.com/XmxEN4yIah

— just a chill guy cto (@chillguycto) November 21, 2024

But despite this, Banks appears uninterested. Instead, the artist claimed that the meme coin backlash has led to him being doxxed—meaning his real identity has been leaked. Some traders apologized for the behavior of their compatriots, while others continued the volley of slams.

"Karen vibes," one trader replied, citing the pejorative term. Banks has since turned his Twitter back to private.

Edited by Andrew Hayward and Stacy Elliott

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Solana meme coin Just a chill guy (CHILLGUY) price soared over 40% on Wednesday, defying the broader trend with backing from prominencies. Notably, Binance and some other top exchanges have announced support for the meme coin and MrBeast lauded the meme behind it. Simultaneously, with additional bullish on-chain metrics weighing in, the crypto has garnered significant interest among traders and investors in the market, as indicated by a roughly 25% surge in intraday trading volume.

CHILLGUY Gains Traction Amid Backing From Major Exchanges & MrBeast The meme coin ‘Just a chill guy’ rides an optimistic wave against the backdrop of Binance’s support and some other top crypto exchanges, such as Bybit and KuCoin, listing the token. In an X post, Binance launched perpetual contracts for the meme coin, with traders able to use up to 75x leverage.

Meanwhile, in an official X post dated November 27, KuCoin revealed that it is listing the coin, with deposits now open. Simultaneously, trading for the token is to commence on the same day, with the trading pair CHILLGUY/USDT being added to the platform.

In addition, the crypto exchange Bybit revealed listing the same trading pair mentioned above, with withdrawals starting at 10 AM UTC today. The update also revealed that Spot Grid Bots services will be supported for the token on the platform.

Overall, these listings have ignited an optimistic torrent for the Solana meme coin, paving the path for further investor interaction with the asset. Further, it’s also noteworthy that the coin could see further listings as it continues to gain market popularity.

Notably, the renowned American personality MrBeast took to X on November 26, reiterating that Just a chill guy is the “Biggest meme of our lifetimes.” This statement has added fuel to the optimistic fire for the crypto amid its phenomenal price gains.

However, it’s also noteworthy that the American millionaire was recently accused of partaking in crypto pump-and-dump schemes. Nevertheless, CoinGape Media reported MrBeast to have denied the crypto scam allegations, sparking discussions globally while also adding intrigue to the meme token.

Altogether, the abovementioned events have pushed the Solana meme coin to emerge as the talk of the crypto town, with remarkable gains witnessed in CHILLGUY price whilst the coin continues to eye further bullish movements.

Solana Meme Coin’s Price Rockets Notably, soon after the token’s inception into the crypto realm, it has offered investors remarkable gains. The coin trades whoppingly above its all-time low of $0.2164.

At the time of reporting, CHILLGUY price witnessed gains worth 40% intraday and is trading at $$0.622. Its 24-hour low and high were $0.4156 and $0.648, respectively. The coin’s trading volume witnessed a 23% surge from yesterday to $244.96 million. Moreover, the weekly chart for the crypto indicated gains worth 51%. This bullish trajectory has sparked substantial investor enthusiasm about the asset amid major backing.

Further, Lookonchain data on November 27 indicated that a trader ‘sbfonchain.sol’ sold massive amounts of WIF to buy $1 million of Just a chill guy coin. This data showed a heightened market interest in the asset while also bringing further buying pressure to the crypto.

Simultaneously, another trader, 9cSDZ, spent only $160 to buy 12.5 million CHILLGUY 12 days ago. To date, holding 9.62 million of the same token for a profit of $6.14 million, this trader has garnered further attention to the meme-themed coin. Overall, the abovementioned stats have solidified market optimism on the crypto’s long-term prospects.

However, it’s also worth noting that the crypto also faces risks due to legal action from Phillip Banks, the creator behind the original meme Just a chill guy. Notably, the meme creator expresses his unhappiness with his art usage in the crypto project, primarily for profit-making purposes.

Ghibli memecoins surge as internet flooded with Studio Ghibli-style AI images

What Crypto Whales Are Buying Prior to FOMC

Rubio: US and Iran to continue technical consultations at the end of this month

Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)

4 hours ago

Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.

According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.

4 hours ago

Bitcoin falls below $60,000

According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.

4 hours ago

US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

4 hours ago

US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.

According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.

4 hours ago

During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.

According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

4 hours ago