Shiba Inu price has plunged into a bear market this year, shedding billions of dollars in value, and key catalysts points to more downside in the near term.
Summary
Shiba Inu price could be at risk of a steep crash this year. The token’s burn rate has continued falling, partly because of Shibarium woes. It has formed numerous bearish patterns on the daily chart. Shiba Inu (SHIB) token dropped to $0.0000099, down by 43% from its highest point this year and 70% below its November 2024 high.
Falling burn rate and intense whale buying Shiba Inu, a token that was once the hottest meme coin in the crypto industry, has become a fallen angel as its market capitalization has plunged from over $20 billion in 2024 to $5.85 billion today.
Its key fundamentals suggest that it has more downside in the near term. For example, data shows that the burn rate has plunged in the past few months. It dropped by 13% on Friday to 2.57 million tokens valued at just $25.
One reason why the burn rate has plunged is that Shibarium, its layer-2 network, has largely died, with activity in the network falling to near zero. Its total value has dropped by 11% in the last 30 days to $850,000.
Shibarium’s goal was to create utility for Shiba Inu and its ecosystem, and also boost its token burn, with some of its BONE fees being converted to SHIB and incinerated.
The other major bearish catalyst for the SHIB price is that whales have continued to sell their tokens, a sign that they see the downtrend continuing. These investors have sold over 114 billion tokens in the last three weeks.
Additionally, the daily traded volume of SHIB in the futures and spot market has dropped in the past few months. CoinGecko data shows that the daily volume in the last 24 hours stood at $176 million, much lower than Pepe’s $430 million and Trump’s $1.4 billion and Pump’s $445 million.
Shiba Inu price technical analysis points to more downside SHIB price chart | Source: crypto.news
The daily timeframe chart shows that the SHIB price has crashed in the past few months, and technicals suggest that the downtrend may continue soon.
The token has formed a descending triangle pattern, which is a common bearish continuation pattern. It is now along the lower side of this pattern.
The token has also moved below the 50-day and 200-day Exponential Moving Averages, and also formed a descending triangle pattern.
Therefore, the price may continue falling as sellers target the next key support level at $0.0000085.
Meme coins are once again drawing trader attention as speculative capital rotates back into high-volatility setups. After weeks of choppy conditions, several meme-driven assets are beginning to show technical signs of stabilization and early reversals.
BeInCrypto has analysed three such meme coins that investors should watch in February week 2.
Pippin (PIPPIN)PIPPIN is attempting a trend reversal after a sharp corrective leg, with price bouncing cleanly from the $0.1565 demand zone and forming short-term higher lows. Momentum is improving as the MACD histogram is forming a bullish crossover, suggesting selling pressure is fading, and buyers are stepping back in.
Price is currently trading around $0.2592, which remains the immediate level to reclaim. A strong daily close above $0.2671 would confirm continuation and open the path toward $0.3083, with a further extension toward $0.3729 if momentum and volume expand in favor of bulls.
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PIPPIN Price Analysis. Source: TradingViewThis recovery structure stays intact as long as the price holds above $0.1861 on a daily closing basis. A breakdown and close below $0.1565 would invalidate the bullish reversal, flip momentum back bearish, and expose downside continuation, signaling the bounce was corrective rather than trend-changing.
Bone ShibaSwap (BONE)BONE is noting a bounce after an extended downtrend, with price defending the $0.0482 swing low and reclaiming the 23.6% Fibonacci level at $0.0607. The structure hints at a potential short-term reversal as bullish candles step in, while CMF ticks up to -0.11, signaling declining but still cautious capital outflows.
Price is currently trading at $0.0685, testing the 38.2% Fibonacci retracement. A clean daily close above $0.0685 would open upside continuation toward $0.0747 (50% Fib), followed by a move to $0.0810 at the 0.618 level. A breach above $0.0810 would shift the market structure bullish and target $0.0899 next.
BONE Price Analysis. Source: TradingViewThis recovery remains valid as long as the price holds above $0.0607 on a daily closing basis. A breakdown below this support would fully invalidate the bullish reversal, sending BONE to $0.0481.
Banana For Scale (BANANAS31)BANANAS31 has rallied sharply over the past four days, trading near $0.0043 at the time of writing. The meme coin is pressing against the $0.0043 resistance, which aligns with the 38.2% Fibonacci retracement. This level is critical for determining whether recent momentum can sustain further upside.
Historically, BANANAS31 has failed to clear this resistance, making the current attempt decisive. A successful breakout would confirm bullish continuation. The Money Flow Index indicates strong buying pressure, reinforcing upside potential. A move above $0.0047, the 50% Fibonacci level, could accelerate gains toward the $0.0051 target.
BANANAS31 Price Analysis. Source: TradingViewOn the other hand, failure to break $0.0043 may trigger a pullback toward $0.0039. Losing the 23.6% Fibonacci support would weaken the structure. Under that scenario, BANANAS31 could slide to $0.0035, invalidating the bullish thesis and erasing the meme coin’s recent recovery gains, sending it back to early February’s price.
Shiba Inu Coin price retreated for six consecutive days even as its futures open interest rebounded.
Summary
Shiba Inu Coin price continued its downtrend on Tuesday, March 3. Futures open interest jumped to over $63 million. However, the weighted funding rate plunged to December lows. Shiba Inu (SHIB) token slumped to $0.0000054, continuing a strong downward trend that has been going on since November 2024 when it peaked at $0.00003345. It has now slumped by over 83%, a move that has erased billions of dollars in value.
Shiba Inu continued dropping this week, even as its futures open interest rose. CoinGlass data shows that the open interest rose to $65, its highest level since February 25. The increase was much higher than the previous day’s $53 million.
Open interest is a number that looks at the value of open futures contracts in the market. A high interest, especially when an asset is riing is usually a bullish sign. On the other hand, an increase during a downtrend is a sign that investors are opening bearish bets.
While the open interest has jumped, the weighted funding rate tumbled to its lowest level since December last year. Falling funding rate is a figure that looks at the small fee that bulls and bears pay to maintain their positions. A negative figure is a sign that investors anticipate the price to continue falling in the future.
SHIB funding rate | Source: CoinGlass Shiba Inu is facing major headwinds as demand for meme coins wanes. Most of them, including popular names like Dogecoin, Bonk, and Pepe, have all slumped by over 50% in the last few months.
Macro factors are contributing, with the ongoing war in Iran raising the possibility that inflation will continue rising this year. As a result, there is a possibility that the Fed will not cut rates as aggressively as analysts expected.
SHIB token has slumped in the past two years, with dip buyers remaining elusive. Consequently, it has formed a series of lower lows and lower highs. The 50-day moving average has provided it with dynamic resistance. These indicators point to more downside.
However, there are signs that the sell-off is losing momentum as the Average Directional Index has tumbled. Also, the coin has formed a large falling wedge pattern.
Therefore, the coin will likely have a relief rally in the coming days and weeks, with the initial target being the psychological level at $0.0000010.
On February 6, according to the Coinbob Popular Address Monitor, the "Strategy Whales" address liquidated long positions across multiple tokens totaling approximately $175 million this morning, incurring a total loss of $31.13 million. This loss pushed its account balance from tens of millions of dollars to less than $6 million. Subsequently, the address transferred roughly $8.29 million to Hyperliquid to replenish margin and maintain account operations. Its total account balance has now recovered to around $12.9 million. Details of the liquidated positions are as follows: - Pre-liquidation ETH long position: ~$105 million; Liquidation price: $1,933; Loss: $17.83 million - Pre-liquidation BTC long position: ~$41.52 million; Liquidation price: $65,700; Loss: $6.3 million - Pre-liquidation SOL long position: ~$15.44 million; Liquidation price: $82; Loss: $3.57 million - Pre-liquidation XRP long position: ~$13.88 million; Liquidation price: $1.25; Loss: $3.43 million The address began accumulating positions in December last year with an initial account size of ~$20 million, later gradually adding short positions on major tokens like BTC and ETH. Since its trading direction was opposite to MicroStrategy’s ongoing BTC purchases, the market views this address as a clear "on-chain opponent" to the publicly traded firm. It frequently switches trading directions and has held positions valued at billions of dollars.
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Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
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Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
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SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
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The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
Blockchain Can Mitigate Counterparty Risk: DTCC CEO
The Depository Trust & Clearing Corporation (DTCC) plays a major role in the plumbing of the US financial system as the central clearing and settlement hub for equities and fixed-income products. In December, the SEC granted permission to allow the firm to custody and recognize tokenized equities and other real-world assets on-chain. The move gives the DTCC the ability to offer tokenization services on pre-approved blockchains for three years. Frank La Salla, president and CEO of DTCC, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto" to discuss tokenization. The firm’s ultimate aspiration is to add its entire depository, which represents $100 trillion in securities, to the blockchain, a move that would require further action from the SEC.
CertiK has pointed out that as institutional investors flood into cryptocurrency markets, a critical vulnerability has emerged that traditional finance largely avoids: the inability to reliably verify the identity of transaction counterparties. Blockchain security firm CertiK highlights this “counterparty challenge” as a growing concern, noting that while regulated capital surges onto public blockchains, the infrastructure for confirming who is on the other side of a transfer remains dangerously incomplete.
In conventional banking, every party is known through KYC processes, licenses, and audit trails.
Crypto operates differently.
A wallet address is simply a string of characters with no inherent link to a real-world entity, jurisdiction, or regulatory status.
Institutions must therefore trust the counterparty’s claim of control when assets move.
Once broadcast, the blockchain executes irreversibly—regardless of whether the recipient turns out to be a sanctioned actor, a mixing service, or an impostor.
This gap becomes acute as billions in institutional funds flow on-chain.Recent milestones underscore the scale.
BlackRock’s Bitcoin ETF (IBIT) attracted roughly $40 billion in net inflows during 2025 alone.
JPMorgan has issued commercial paper directly on Solana, while Goldman Sachs launched tokenized money-market funds.
These developments signal mainstream integration, yet they amplify exposure to unverifiable counterparties.
CertiK explains why the problem persists.
Current verification tools are fragmented and snapshot-based.
Simple wallet attestations prove control only at one moment, offering no insight into sanctions exposure, illicit associations, or evolving risk profiles.
The Travel Rule helps regulated virtual asset service providers (VASPs) exchange identity data, but it collapses at the edges—particularly with self-custodied wallets where no intermediary facilitates compliance.
Institutions are left stitching together ownership proofs, address screening, transaction histories, and entity evaluations from disparate sources, often resulting in delayed or outdated assessments.
Regulatory fragmentation compounds the issue.
Thresholds and requirements vary widely: the EU sets verification at €1,000, Hong Kong imposes cryptographic standards, and emerging U.S. measures like the GENIUS Act tighten due-diligence expectations.
In enterprise settings, even oracle failures—tolerated in retail DeFi—could trigger legal and financial repercussions when tied to real-world assets and regulated counterparties.
To address these shortcomings, CertiK advocates a comprehensive four-layer verification framework.
First, cryptographic proofs (such as signatures via protocols like AOPP or micro-transfer “Satoshi tests”) establish genuine wallet ownership.
Second, real-time address screening cross-checks against sanctions lists and known illicit clusters.
Fourth, continuous on-chain monitoring tracks any degradation in risk profiles after initial verification.
Platforms like CertiK’s Skynet Enterprise already operationalize this approach, delivering unified AML screening across billions of labeled addresses, entity scoring tailored for VASPs, and perpetual transaction oversight.
By combining these tools, institutions gain a dynamic, real-time view of counterparties rather than static snapshots.
As crypto matures from speculative asset to institutional infrastructure, counterparty risk cannot remain an afterthought.
CertiK’s analysis makes clear that the technology and intelligence already exist to close the gap. The institutions that integrate layered verification will not only protect their capital but also accelerate the compliant growth of on-chain finance.
March 19 — Per HyperInsight monitoring (via their Telegram channel), the "Strategy Whale" address (0x94d3...) ramped up BTC and ETH short positions via position rolls over ~10 minutes, adding 214.60 BTC shorts (~$14.51M) and 3488.85 ETH shorts (~$6.69M). Total short position size now stands at $130M. Post-roll, its BTC short size rose to $81.31M, with an average entry price lowered to $71,159.60. It currently holds $1.738M in floating profit (+85.53%), marking the largest on-chain BTC short position. Its ETH short size now sits at $48.08M, with an average entry price reduced to $2,198.89. Floating profit here totals $1.023M (+53.18%). ### Notes on American English adaptation: - Used **concise phrasing** (e.g., "~10 minutes" instead of "about ten minutes"; "M" for "million" to match crypto/finance brevity). - Replaced literal translations with natural financial jargon (e.g., "ramped up" for "continuously increased"; "post-roll" for "after this round of adding positions"). - Corrected a logical error (original "BTC bull" → "BTC short position," as short positions align with bearish bets). - Maintained clear hierarchy for key metrics (position size → average price → floating profit) to match U.S. crypto news style.
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The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
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15 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
March 20 — Per data from the **Coinbob Popular Address Monitor** (https://t.me/Coinbob_track_CN), the "Strategy Whales" address (0x94d) closed out all its $1.05 billion BTC and ETH short positions over the past 8 hours, locking in roughly $1.75 million in total profits. Following profit-taking, the address immediately initiated long positions, with BTC trading at approximately $70,500 at the time. As of press time, its combined BTC and ETH long positions amount to $39.4 million, with a minor overall unrealized loss of roughly $10,000. Notably, this address is recognized for building large short positions in major cryptocurrencies during MicroStrategy’s (ticker: MSTR) heavy BTC accumulation spree in December. It favors contrarian trading to capitalize on both price upswings and downswings, profiting from swing trading strategies.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
15 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
April 7 – Per Hyperinsight monitoring (https://t.me/HyperInsight), after Brent crude rallied above $110/bbl, the "Strategy Whale" (address 0x94d) liquidated its entire Brent crude long position in the $80 million "long oil, short BTC" portfolio. The Brent position was originally sized at $39.5 million, with an average entry of $100.8/bbl, locking in $3.71 million in realized profits. Following the liquidation, the address freed up partial margin to boost its short BTC position with 40x leverage, pushing the position size to $49.92 million. The short BTC entry averages $69,137 per BTC, with $420,000 in unrealized profits (a 34% gain). The hedge portfolio was initiated on April 1, when BTC had just briefly topped $69,000 and both U.S. WTI and Brent crude had dipped below $100/bbl. Today’s liquidation may signal the whale sees limited upside for oil, shifting from a bet on escalating geopolitical tensions to a unilateral bearish stance on the crypto market.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
15 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
Institutions are accelerating their adoption of crypto, with major players steadily entering the market and expanding their exposure to digital assets. But while participation is rising, the way these institutions engage with the ecosystem has fundamentally changed.
The old model, where funds parked large amounts of capital directly on crypto exchanges, is being replaced. In its place is a new architecture where trading and custody are no longer intertwined.
“Counterparty risk awareness in crypto comes in cycles, and the recent major cyber-attack has triggered one of the largest waves of exchange derisking since FTX. It is yet another reminder that separating crypto custody from exchange trading is essential for security,” says Dominic Lohberger, Sygnum Chief Product Officer.
Proof of Talk is joining us as co-host of the Institutional 100 Awards.
The most respected Awards.
At a spectacular venue!
📍Louvre Palace, Paris
🗓️ 2-3 June, 2026
The BeInCrypto x @proofoftalk Institutional 100 Awards ceremony will recognize the top institutions building the… pic.twitter.com/UqkoH7ekuw
— BeInCrypto (@beincrypto) April 9, 2026 How FTX Broke Institutional Trust in Exchange Custody Before 2022, the dominant strategy was simple. Deposit funds onto an exchange, execute trades, and leave capital there for convenience and speed. Exchanges acted as both trading venues and custodians. That model worked, until it didn’t.
The collapse of FTX exposed a critical flaw. Investors were taking on massive, often invisible counterparty risk. FTX operated as an exchange, custodian, lender, and clearinghouse all in one
What had been considered operational efficiency was suddenly recognized as a structural vulnerability. Customer assets were not held in verifiable, on-chain, segregated accounts. When the firm filed for bankruptcy, clients discovered their funds had been diverted to Alameda.
The damage extended well beyond FTX’s direct users. Galois Capital, a former registered investment adviser, shut down after half its assets were stuck on FTX when the exchange collapsed.
In September 2024, the SEC fined Galois $225,000 for failing “to comply with requirements related to the safeguarding of client assets.”
The Celsius bankruptcy added another layer of alarm. A US bankruptcy court ruled that customer deposits into Celsius Earn Accounts became the property of the debtors’ estate, not the depositors.
Investors who believed they were holding assets learned they were, in legal terms, unsecured creditors.
500k+ depositors w crypto lender Celsius, were dealt a major blow to their hopes of recovering their money as Bankruptcy Judge Glenn rules that the $ belongs to Celsius, not depositors, under Celsius’s “terms of use” in lengthy contracts on websites
https://t.co/WXWTt6PvTO
— Neil Ackerman (@acklaw) January 8, 2023 Research from Coalition Greenwich found that institutional-grade cold storage and exchange wallets were equally popular before the FTX collapse. That changed overnight.
The industry mantra “not your keys, not your coins” evolved from a philosophical stance into a compliance requirement.
What Off-Exchange Settlement Actually Looks Like The traditional crypto trading model required institutions to deposit funds into an exchange before placing a trade. The exchange held both the assets and the execution function, thereby concentrating risk in a single entity.
Off-exchange settlement, or OES, flips this model. This new class of infrastructure is designed specifically to isolate risk. Assets remain with a third-party custodian or in a self-custodied wallet.
Instead of holding assets on exchanges, institutions now store them with third-party custodians. These custodians, often regulated entities or specialized infrastructure providers, secure funds in segregated wallets.
Trading still happens on exchanges, but with a key difference. Exchanges are granted limited access to a trading balance or credit line, typically backed by assets held in custody.
The exchange can execute trades, but it cannot unilaterally move or withdraw the underlying funds. Settlement happens separately, often on a net basis after trades are completed.
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The Rise of Risk Isolation Models In traditional finance, this separation between custody and execution has existed for decades. Crypto lacked this structure until several companies, including Fireblocks and Copper, built it.
The former launched Fireblocks Off Exchange in November 2023. Off-Exchange offers Collateral Vault Accounts (CVAs).
These are on-chain wallets secured by Multi-Party Computation (MPC) cryptography. When an institution deposits assets into a CVA, the connected exchange receives a trading credit.
Copper’s ClearLoop is an off-exchange settlement solution in which assets remain in Copper’s MPC (Multi-Party Computation) custody. Trades settle on Copper’s own infrastructure.
Both systems have gained significant traction. Deribit became the first exchange to fully integrate Fireblocks OES in February 2024. HTX followed in April 2025.
“Since the launch, HTX has onboarded numerous institutional clients and recorded a 200% increase in trading volume, validating market demand for secure off-exchange settlement models,” the press release read.
Copper’s ClearLoop now connects several live exchanges, including Coinbase, OKX, Bybit, Deribit, Bitget, and more, facilitating over $50 billion in monthly notional trading volume. The Bybit hack of 2025 further demonstrated the advantages of off-exchange settlement.
ByBit will take a haircat, most likely covered by their revenue. I would expect ByBit to survive this incident without issues.
Ethena stood up like a champ.
Aave stood up like a champ.
Big winner is Copper's ClearLoop, PMF secured.
Biggest winner is self custody. Onwards.
— Stani (@StaniKulechov) February 21, 2025 How Bitcoin ETFs Made the Separation Permanent The approval of spot Bitcoin (BTC) ETFs in January 2024 did more than open a new investment vehicle. It hardwired the custody-execution separation into the most visible crypto product on Wall Street.
For instance, like many other ETFs, BlackRock’s iShares Bitcoin Trust ETF (IBIT) uses Coinbase Custody Trust Company, LLC. The structure is built so that Bitcoin sits in cold storage vaults, entirely separate from any trading venue.
Creation and redemption of ETF shares follow an operational process in which assets move between the vault and trading balances within defined settlement windows. The exchange where IBIT trades on the secondary market never touches the underlying Bitcoin.
This is not an optional design choice. It is how ETFs work by definition. The custodian holds the asset. The authorized participant handles creation and redemption. The exchange handles price discovery. Three roles, three entities, no overlap.
Off-Exchange Trend Rises, but Coinbase Holds the Crown While the shift away from exchange custody is real, the data suggest a more nuanced transition rather than a full-scale replacement.
Despite the rise of off-exchange models, Coinbase remains the dominant force in institutional crypto custody. The firm currently holds custody for over 80% of global crypto ETF assets.
It also serves as custodian for eight of the top 10 publicly traded companies with Bitcoin (BTC) on their balance sheets.
This dominance is further reinforced by regulatory momentum. In April 2026, the Office of the Comptroller of the Currency granted Coinbase conditional approval to charter Coinbase National Trust Company, a move that would allow it to operate as a federally regulated crypto custodian upon full approval.
Follow us on X to get the latest news as it happens
$COIN is down 62% from its highs.
Most people think Coinbase is just a crypto exchange.
Today, the OCC just granted them conditional approval for a national trust bank charter.
Read that again.
Coinbase is building federally regulated banking infrastructure.
Custody for 80%+… https://t.co/9gE9X70s5O
— Gabz 🇪🇺 (@gabz_investing) April 2, 2026 The significance of this shift is twofold. First, it strengthens Coinbase’s position as a qualified custodian, a key requirement for institutional investors such as asset managers, pension funds, and ETF issuers.
Second, it signals that while institutions are reducing exposure to exchange risk, they are not abandoning centralized players altogether.
Instead, capital is consolidating around a smaller group of regulated, systemically important custodians. This creates a hybrid market structure:
Off-exchange infrastructure reduces direct counterparty risk Regulated exchanges and custodians continue to anchor institutional trust Market power concentrates in platforms that can offer both compliance and scale In effect, the post-FTX evolution isn’t about eliminating intermediaries. It’s about redefining which intermediary institutions are willing to trust.
What Would Happen If an FTX-Scale Collapse Occurred Today Amid growing attention toward off-exchange models, a natural question emerges: would an FTX-style failure still have the same impact on institutional capital?
Under the old model, an exchange collapse froze all deposited assets. Institutions became unsecured creditors in a years-long bankruptcy proceeding.
Under the current OES infrastructure, the outcome would differ substantially. If an exchange using Fireblocks OES collapsed, the institution’s assets would remain in its CVA. The principal never entered the exchange’s balance sheet.
Fireblocks’ disaster recovery mechanism, powered by Coincover, also enables institutions to ensure operational security by eliminating single points of failure. The only exposure would be unsettled profit-and-loss from recent trades.
With ClearLoop, the English Law Trust would shield client assets from both exchange and Copper insolvency. Again, an institution’s loss would be limited to any unsettled trading obligations, not the total portfolio.
At FTX, institutions lost their entire deposited balance. Under OES, the same scenario would expose them to days of unsettled P&L at most. That is the difference the new plumbing makes.
That distinction highlights the real impact of crypto’s changing infrastructure. The industry hasn’t eliminated risk, but it has significantly reduced the scope of catastrophic loss tied to exchange failure.
Market Scale and What Comes Next The institutional crypto custody market hit approximately $3.2 billion in 2024. It is projected to reach $27.8 billion by 2033 at a 26.7% compound annual growth rate.
That growth reflects more than just new capital entering the market. It reflects a structural rebuild of how that capital is held, moved, and settled.
The next phase of that rebuild is already taking shape around tokenized collateral. Rather than locking up idle stablecoins or Bitcoin as margin on an exchange, institutions are beginning to use tokenized money market funds and yield-bearing stablecoins as on-exchange.
“Institutions aren’t chasing speculation; they’re chasing capital efficiency. Off-exchange settlement delivers that by putting custody and control back where they belong. As tokenised collateral and regulated venues converge, OES will become the default workflow for serious institutional participation,” Wing Cheah, Product Manager, Interchange, said.
Traditional banks are also entering the picture. In 2025, BBVA partnered with Binance to offer regulated off-exchange custody services to Binance’s institutional clients.
Nomura’s digital assets arm, Laser Digital, applied for an OCC license to open a national trust bank focused on crypto custody, spot trading, and staking for clients.
These moves signal that the custody function is migrating from crypto-native firms into the broader financial system. Taken together, these developments point in a consistent direction.
The custody function is quietly migrating away from exchanges. Liquidity and price discovery remain on the trading venue, but the assets themselves increasingly do not.
What started as a post-FTX demand from a handful of institutional players is gradually becoming the default wiring of the market. The separation is not yet complete, but the direction has not reversed either.
April 17: Per data from HyperInsight Monitoring (via their Telegram channel), a major Bitcoin short position held by "Strategy Counterparty" now faces a floating loss of over $4.3 million (-220%) after BTC briefly spiked to nearly $76,000. The 40x-leveraged short is valued at $78.1 million, with a liquidation price of $76,380 — just $500 above current BTC levels. As of press time, the whale has not adjusted the position, which has posted a weekly loss of over $7.8 million. The short was initiated on April 1.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
15 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
As of April 20th, per HyperInsight monitoring (https://t.me/HyperInsight): - The closest BTC whale to liquidation on Hyperliquid is address 0xec3, holding a 40x leveraged long position worth $10.04 million. Key details: average entry price $74,628, liquidation price $72,776, opened 4 days ago. - In the past 5 hours, this address placed a new market stop-loss order at $73,869, targeting a partial $2.37 million stop-loss (below its liquidation price). - The closest multi-million-dollar short whale near liquidation is the "Strategy Counterparty," holding a 40x leveraged BTC short position. Details: average entry $76,290, liquidation price $76,402, current unrealized profit $700,000 (106%). Most of the profit was used for repositioning today.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
15 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
As of May 26, Hyperinsight Monitoring (via Telegram channel @HyperInsight) reports that the ZEC/BTC trading pair has just hit a new all-time high (ATH). The rate first surged to a peak on May 20, then climbed further to reach a new record of 0.00895 on May 23. During this rally, two major whales on the Hyperliquid exchange opened fully opposing directional "ZEC/BTC" combination positions—each exceeding $70 million in size, and now acting as direct counterparties in the trade: 1. **BTC OG Insider Whale** (position opened May 22): - BTC Long (5x leverage): $38.6 million position size - ZEC Short (3x leverage): $34.6 million position size - Bet: Bitcoin will outperform Zcash (meaning the ZEC/BTC rate will decrease) - Current net profit: +$920,000 2. **Trader Evaded** (position opened May 24): - BTC Short (40x leverage): $40.2 million position size - ZEC Long (5x leverage): $32.2 million position size - Bet: Zcash will outperform Bitcoin (meaning the ZEC/BTC rate will rise) - Current net loss: -$2.55 million Following its May 23 peak, the ZEC/BTC rate immediately reversed, dropping 7.76% in roughly 24 hours and now trading at 0.00788. The early-positioned "BTC OG Insider Whale" locked in profits by anticipating the market move, while the later-entry "Trader Evaded" took a position directly against the rate’s peak and is currently facing significant pressure. Associated wallet addresses: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9 0x86523927bffeafe2e532f0218feb1f3c29f6120d HyperInsight Bot is now live. To auto-sync on-chain data, add @HyperInsightBot to your Telegram group, set it as admin, and enable message-sending permissions.
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Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
15 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
15 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
15 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
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SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
15 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
Launched in August 2020, Shiba Inu is one of the pioneers when it comes to dog-themed meme coins. SHIB is an ERC-20 token powered by Ethereum that was created by an anonymous founder known as Ryoshi. This article will dive into simple steps on how to buy the Shiba Inu coin through various methods.
Table of Contents
Where can you buy Shiba Inu coin?Storing Shiba Inu in crypto walletsStep-by-step guide to buying Shiba Inu coinThings to consider before buying Shiba Inu coinFAQs Where can you buy Shiba Inu coin? Like many other cryptocurrencies, Shiba Inu (SHIB) is available to buy on centralized (CEX) and decentralized (DEX) exchanges. When thinking about how to buy SHIB, consider making an important decision by choosing between a CEX or DEX. Some important factors to reach that decision include liquidity, transaction fees, security, regulatory compliance, deposit methods, payment mode, limits, and reliability.
Major centralized crypto exchanges Here are some of the top centralized exchanges where you can buy Shiba Inu;
Binance is one of the popular centralized exchanges in the crypto market and is available in over 180 countries. This exchange has an extensive international user base with over 500 cryptocurrencies listed on the platform. OKX is currently ranked as the second-largest crypto exchange by trading volume. With a user-friendly interface for buying and selling cryptocurrencies, OKX also offers many features like staking, lending, mining, and many others for crypto investors. Coinbase is considered a global brand when it comes to buying, selling, and storing cryptocurrencies. The exchange is US-based, and publicly traded, which adds to its safety and reliability as a centralized crypto exchange. Decentralized exchanges Buying Shiba Inu from decentralized exchanges doesn’t require users to perform security measures such as KYC along with other key differences.
Here are some of the top decentralized platforms where you can buy Shiba Inu;
Pancakeswap is a decentralized exchange that operates on the BNB Smart Chain. It allows users to trade tokens and also offers staking and farming opportunities. Uniswap is currently one of the largest DEX exchanges on the Ethereum network. It offers users a way to swap crypto tokens in a permissionless way without having to enter any personal details or go through any KYC procedures. Storing Shiba Inu in crypto wallets After buying your Shiba Inu you can choose to transfer it to your crypto wallet. In the world of crypto, there are hot and cold wallets, with the key difference being that hot wallets are online while cold wallets are in the form of hardware that you can physically store anywhere you want.
Hot wallets to store Shiba Inu Metamask is an online crypto wallet that was launched in 2016. Users can swap different crypto assets on a variety of blockchains, including Ethereum, BNB Smart Chain, Polygon, and Fantom, to name a few. Trust Wallet was launched in 2017 and it has gained popularity in recent years due to its partnership with Binance. With over 25 million users, Trust Wallet offers a user-friendly interface and supports over 65 blockchains with millions of crypto tokens that users can swap. Cold wallets to store Shiba Inu Trezor Model-T is a secure hardware wallet with a touch screen and a custom Trezor Suite application. Users can buy SHIB tokens from DEX or CEX and transfer them to their Trezor hardware wallet with ease. Ledger is one of the pioneers when it comes to crypto hardware wallets. It offers a variety of products to choose from, all offering a digital screen and the freedom to store cryptocurrencies and NFTs. Step-by-step guide to buying Shiba Inu coin So how do you get Shiba Inu coin? Now, we will discuss the steps of buying this meme coin from centralized and decentralized exchanges.
Buying Shiba Inu from a CEX Step1: Sign up for a Binance exchange account You have to register a Binance account and add funds to your account before buying Shiba Inu on this centralized exchange. You can use any of the three options below to complete this first step.
Register via the Binance App. Register directly through the web page and using your email address. Register via the web page using your mobile phone number. Step 2: Add a payment method for depositing funds The second step is to choose a payment method on Binance. Currently, the Binance platform offers a wide array of deposit options, including bank transfer, P2P, Paypal, Visa, and many others.
Before selecting the payment mode, it is important to make sure that the payment method is supported by your country or place of residence. It is also essential to calculate the fees and total cost of depositing funds in Binance and the time it takes for the funds to arrive from the payment method you prefer to use for depositing funds.
Step 3: Search for Shiba Inu The next step is to go to the ‘Markets’ section and search for Shiba Inu coin. Binance has a variety of crypto assets and categories, so you can also go to the meme coin section and choose Shiba Inu easily.
Step 4: Enter the amount Now, enter the amount you want to buy. At the time of writing, Shiba Inu trades at $0.00001694. So you can buy roughly 5903187 Shiba Inu tokens by investing $100 at the current price.
Step 5: Complete the purchase This stage requires you to complete the payment depending on the method you selected in Step 2. So, if it’s a credit card, you can use the ‘add card’ option and add a billing address to complete the payment. After the payment is successful, the SHIB tokens will show in your Binance spot wallet.
Buying Shiba Inu from a DEX If you aren’t a fan of sharing personal information on centralized exchanges, and you’re wondering how to purchase Shiba Inu coin? Not to worry, as your best option to buy SHIB is a decentralized exchange. Through a DEX, you can swap SHIB with another token on the Ethereum blockchain. Here’s a step-by-step guide on how to do it:
Step1: Create an account on Metamask Shiba Inu is an Ethereum-based ERC-20 token, so you need a wallet that supports this blockchain. You can sign up on Metamask, which supports ERC-20, by creating an account. After creating the account, fund it with ETH.
Step 2: Register on a decentralized exchange The next step includes registering for a decentralized exchange like Uniswap and connecting your Metamask account with it.
Step 3: Go to the swap option page On the swap page, you can fill in the custom amount of ETH you want to swap and select SHIB as the corresponding token. Enter the equivalent amount of ETH and press ‘Swap’.
Step 4: Confirmation and completion After you press ‘Swap’, you will get a confirmation prompt on Metamask, which you can confirm and only then your transaction will be completed. If the transaction is successful, you’ll see the SHIB tokens in your Metamask wallet.
Things to consider before buying Shiba Inu coin It is very important to understand that Shiba Inu is a meme coin, and compared to many other cryptocurrencies, meme coins are very volatile. Furthermore, the price of Shiba Inu coin depends on the current market conditions at all times, and you have to do your research before buying this token.
Another important thing to keep in mind is that using decentralized exchanges can be tricky. So make sure you have enough gas fees and use reputable DEX platforms like Uniswap to swap SHIB tokens; otherwise, slippage can cause financial losses.
FAQs Can I buy Shiba Inu coin with credit card Yes, you can buy Shiba Inu coin with a credit card through a centralized crypto exchange.
Can I buy Shiba Inu coin with debit card Yes, you can buy Shiba Inu coin with a debit card, including Visa and Mastercard, through a centralized crypto exchange.
Where to store Shiba Inu coin You can store Shiba Inu coin in a centralized exchange like Binance, or a hot wallet like Metamask.
When is the right time to sell my Shiba Inu coins The answer to that is based purely on speculation and current market sentiments. Hence, it is not advised to take significant risks in Shiba Inu. It is important to do your research and only buy and sell at your own risk.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The mysterious Shiba Inu leader famous in the community under the pen name Shytoshi Kusama has surprised the SHIB army by adding radical changes to his bio section on the X platform, which has remained unfilled most of the time until now.
A SHIB fan from Japan @kuro_9696_9696 noticed it and shared it on his X account.
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Shytoshi Kusama endorses ShibaCon, mentioning RyoshiWhat the enigmatic SHIB lead added to his X bio is basically an invitation to attend the approaching ShibaCon event in Bangkok this November. However, what caught the attention of the SHIB army was also the mention of initial Shiba Inu founder Ryoshi. Kusama wrote that ShibaCon was tied to Ryoshi’s vision.
Ryoshi disappeared from the public space in May 2022, following the example of the mysterious Bitcoin creator Satoshi Nakamoto, who did it in 2010 as he left Bitcoin in the hands of the loyal and enthusiastic developers and went on to work on other projects.
Kusama’s bio now says: “ShibaCon, vision of Shiba Inu creator Ryoshi, is set to make history in Thailand. Join the movement!”
SHIB army excited about ShibaCon approachingEarlier this week, Shytoshi Kusama directly endorsed ShibaCon in an X post, sharing a tweet published by the official Shiba Inu account (@Shibtoken) about it. The event takes place on Nov. 7-17, roughly on the same dates as DevCon in the same city.
ShibaCon attendees will get a chance to listen to keynote speakers from the blockchain and Web3 industries, to discuss various hot topics and network with each other. This will be an important event for the Shiba Inu community, and many SHIB holders are looking forward to attending it or, at the very least, to reading reports from ShibCon.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The enigmatic leader of the Shiba Inu team known by the SHIB army under the pseudonym Shytoshi Kusama has published a tweet to deliver an epic message to the community. This message is about SHIB’s future, and it also mentions the mysterious founder of Shiba Inu – Ryoshi.
He also made a statement, addressing those who are spreading FUD against SHIB.
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Shytoshi Kusama eyes Japan for his S.H.I.B. proposalOn Sunday, Shytoshi Kusama published several consecutive tweets about SHIB and the S.H.I.B. proposal he made to the U.S. government earlier this week. Kusama commented on the announcement made by Charles Hoskinson (the founder of the Cardano blockchain) that he will cooperate with the administration of the new U.S. political leader on crypto policy in 2025.
Kusama commented that the announcement was made only by the Cardano founder and not the U.S. government. In one of the next tweets, Shytoshi Kusama stated that if his S.H.I.B. proposal is accepted by the government, it will be announced by both sides of this collaboration.
Hey #SHIBARMY, since this was properly ignored (for now) by the USA. Where else in the world could this be adopted as a physical, revenue generating location? Any takers??? Maybe I should ping Japan? https://t.co/VgGlxaIPp8
— Shytoshi Kusama™ (@ShytoshiKusama) November 10, 2024 So far, Shytoshi stated that S.H.I.B. “was properly ignored (for now) by the USA,” and asked which other government he should offer it to. One of his ideas was the Japanese government.
For those badfled as to why a meme like #SHIB could rally alongside the big bois... it's time we showcased the power, technologies, and innovative thinking that led us through the bear market.
This will include a podcast featuring yours truly and much more. Stay tuned.
— Shytoshi Kusama™ (@ShytoshiKusama) November 10, 2024 "The future is in your hands fren"; Ryoshi's messageConcluding this series of tweets, Kusama said “That’s enough for now,” and he wished the SHIB “guys and gals” a good weekend. One SHIB enthusiast tweeted in the comments that his future was in Kusama’s hands.
Shytoshi responded that the future is in the hands of the community - especially the future of SHIB. As for himself, Kusama reminded the SHIB army: “I am merely delivering what I said I would and a few extras.” Per Kusama, the SHIB community will have to grow beyond his vision and the vision of Ryoshi, the mysterious founder who chose to follow in Satoshi Nakamoto's footsteps and disappeared in 2022.
The future is in your hand fren. I am merely delivering what I said I would and a few extras. The community will have to grow this beyond my vision or @RyoshiResearch vision as well! This is how we win instead of how we wen.
— Shytoshi Kusama™ (@ShytoshiKusama) November 10, 2024 “This is how we win instead of how we wen,” Shytoshi pointed out.
Kusama also addressed the community, saying that “it's time we showcased the power, technologies, and innovative thinking” that helped SHIB survive the bear market. As for those who are spreading FUD, Shytoshi said, “If you're fudding Shib in any capacity today... bro...ngmi.”
A detailed analysis by blockchain analytics platform Bubblemaps has revealed the existence of a Shiba Inu (SHIB) whale holding $2.5 billion worth of the meme-inspired cryptocurrency. This entity, which manages 10% of SHIB's total supply, operates from approximately 150 addresses, leading to speculation about its identity and origin.
Shiba Inu was launched on July 31, 2020, as a fair launch project with equal opportunities for participation. At launch, the deployer wallet, which was 0xb8f2, held approximately half of the total supply.
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However, between August and October 2020, another major player appeared on the scene: "0x1406." This address got its hands on 103 trillion SHIB tokens — that is, 10% of the supply — for just 38 ETH, which was worth only $10,000 at the time. SHIB has seen a meteoric rise, and that initial investment has grown by 25,000,000%, now worth over $2.5 billion.
The activity in the wallet shows how the assets are being strategically managed. As the value of SHIB skyrocketed to $5 billion, "0x1406" consolidated its holdings into one address before splitting it into 14 separate addresses in November 2021.
Could it be Ryoshi?Later, the holdings were split into about 150 addresses, a way of trying to reduce risk and perhaps keep things anonymous. Bubblemaps pointed out that these transactions are easy to spot with the right blockchain visualization tools, even if they do not show up on standard bubble maps.
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The report shows that "0x1406" has managed its wallet in a sophisticated way and has remained calm under pressure. It appears that the wallet has maintained most of its SHIB holdings since the beginning.
Speculation has arisen that this wallet may belong to Ryoshi, the mysterious creator of Shiba Inu, who retired from social media in 2021, mirroring Bitcoin creator Satoshi Nakamoto's approach to anonymity.
Shiba Inu lead Shytoshi Kusama has announced the launch of the TREAT token, a major addition to the SHIB ecosystem. Originally envisioned by SHIB’s creator, Ryoshi, Treat is designed to replace BONE as ShibSwap’s reward token and provide liquidity for SHIB, the ecosystem’s stablecoin.
Beyond these functions, TREAT aims to enhance governance and trust within the Shiba Inu ecosystem. This development reflects the community’s commitment to advancing decentralized finance (DeFi) capabilities and strengthening SHIB’s position in the crypto space.
TREAT Token to Strengthen Ecosystem with Kusama’s Vision Shytoshi Kusama, the developer driving the Shiba Inu ecosystem, hinted at the anticipated launch of the TREAT token, exciting the SHIB community. The announcement marked Treat as a transformative addition to the ecosystem, with Kusama emphasizing its role in advancing Shiba Inu’s mission to improve trust, governance, and utility in decentralized finance (DeFi), on November 23.
In response to a recent reported incident where live streamer Jack Doherty scammed his followers with a fraudulent meme coin, Kusama highlighted the importance of accountability. He revealed that Shiba Inu’s ecosystem would incorporate “Karma and Reputation” systems, with TREAT powering these mechanisms. These systems aim to foster a trustworthy environment by rewarding positive contributions and discouraging scams, potentially solving trust issues in the crypto space.
Karma and Reputation built into the foundational elements of Shib's ecosystem and advanced features powered by Treat will solve this once and for all. https://t.co/j0xhHGMSxB
— Shytoshi Kusama™ (@ShytoshiKusama) November 23, 2024
While the token has yet to launch, the community eagerly awaits its arrival. Once live, Treat is expected to replace BONE as ShibSwap’s reward token. It will also provide liquidity for SHI and support governance within the Shiba Inu ecosystem.
Shiba Inu Rallies Amid Soaring Market Optimism Analysts predict that Shiba Inu (SHIB) could double in price, following a growth pattern like Dogecoin. With increasing interest in meme coins, SHIB is gaining traction and could mirror Dogecoin’s success. Besides, it also comes as SHIB burn rate noted a major spike today, sparking market optimism.
Currently, SHIB price trades at $0.0000273, up by 10% in the last 24 hours. The coin has surged 55% over the past week, showing strong market momentum. Its 24-hour low and high are $0.00002437 and $0.00002794, respectively. SHIB maintains a market cap of $16 billion, with a 24-hour trading volume of $3.36 billion, demonstrating robust investor confidence.
Ryoshi, the creator of SHIB, had the idea for Treat to replace BONE as the reward token for ShibSwap. TREAT seeks to improve the Shiba Inu ecosystem’s governance and trust. The introduction of the TREAT token, a significant component of the SHIB ecosystem, was announced by Shiba Inu head Shytoshi Kusama. Ryoshi, the creator of SHIB, had the idea for Treat to replace BONE as the reward token for ShibSwap.
Furthermore, beyond these capabilities, TREAT seeks to improve the Shiba Inu ecosystem’s governance and trust. Also, this update shows how seriously the community takes the goal of improving SHIB’s standing in the cryptocurrency market and expanding the possibilities of decentralized finance (DeFi).
Lead developer Shytoshi Kusama, who is leading the Shiba Inu ecosystem, has teased the debut of the TREAT token, which has the SHIB community very excited. Treat was announced on November 23 as a game-changing innovation to the ecosystem. Kusama highlighted its importance in furthering Shiba Inu’s objective to enhance decentralized finance (DeFi) in terms of trust, governance, and usefulness.
Kusama emphasized the need for responsibility in light of the current situation with live streamer Jack Doherty and his deceitful meme coin. He spilled the beans on the Shiba Inu ecosystem, saying that it will have “Karma and Reputation” systems powered by TREAT.
Moreover, potentially resolving trust difficulties in the cryptocurrency realm, these solutions seek to promote a trustworthy environment by rewarding positive contributions and deterring frauds. Although the token’s debut has not yet occurred, the community is excitedly anticipating its arrival. Treat will presumably take the place of BONE as the reward token for ShibSwap whenever it becomes live.
If Shiba Inu (SHIB) follows a similar development path as Dogecoin, its price might double, according to analysts. As the market for meme coins continues to grow, SHIB is catching on and has the potential to become as successful as Dogecoin.
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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.
Mysterious personality Shytoshi Kusama clarified in a podcast that aired Tuesday that not he but Ryoshi is the founder of the Shiba Inu (CRYPTO: SHIB) ecosystem.
What happened: In the first episode of a 44-part podcast series, Kusama said he joined Shiba Inu like any other member of the community.
"I get that question or that comment all the time. ‘You're the founder of SHIB.' No, I'm not. Ryoshi is the founder," the pseudonymous lead stated. "I actually joined SHIB six months after its birth."
Kusama revealed that he was lured to the vision that SHIB would eventually overtake Dogecoin (CRYPTO: DOGE), the preeminent meme coin project. “Our drive was to overtake DOGE,” he said.
He added that he was working on the roadmap provided to him by Ryoshi in the early days, which included five tokens and four pieces of technology.
The five tokens are SHIB, Doge Killer (LEASH), Bone ShibaSwap (CRYPTO: BONE), the upcoming and "extremely important" TREAT, and SHI, the stablecoin.
The technologies are decentralized exchange ShibaSwap, Layer-2 chain Shibarium, the ShibaCon conference, and stablecoin SHI, which stands in both categories.
See Also: ‘Pharma Bro’ Martin Shkreli Predicts Liquidation Doom For MicroStrategy Amid Fall Below $300, Says Bitcoin Will Hit $250K Without Michael Saylor
Why It Matters: Kusama has steered the Shiba Inu ecosystem since the abrupt exit of Ryoshi in 2022.
In July of last year, he stated that the project was nearing completion of founder Ryoshi's vision of a completely decentralized system with no leader and that he, too, would "step away from the limelight" at some point.
Price Action: At the time of writing, SHIB was exchanging hands at $0.00002201, up 4.37% in the last 24 hours, according to data from Benzinga Pro.
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Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
A recent report by on-chain analytics firm Santiment has shown the most frequently mentioned crypto founders across various online platforms, including X (formerly Twitter), Reddit, Telegram, 4Chan, Farcaster and Bitcointalk. The analysis highlights key figures who have shaped the crypto scene, with Bitcoin’s mysterious creator, Satoshi Nakamoto, topping the list.
Accompanying Santiment's tweet was a chart that indicated all-time mentions of relevant crypto founders according to discussion frequency on X, Reddit, Telegram, 4Chan, Farcaster and Bitcointalk.
👨🦰 The following chart indicates the all-time mentions of relevant crypto founders according to discussion frequency on X, Reddit, Telegram, 4Chan, Farcaster, and Bitcointalk. These are the top 10:
1⃣ Satoshi Nakamoto: The mysterious figure behind Bitcoin, credited with writing… pic.twitter.com/BHt9fEFwAt
— Santiment (@santimentfeed) March 5, 2025 In its tweet, Santiment named the top 10 most-mentioned cryptocurrency founders, per the chart. The top three include Satoshi Nakamoto, the mysterious creator(s) of Bitcoin, who is credited with producing the whitepaper in 2008 and establishing the first blockchain-based digital currency. Do Kwon, cofounder of Terra (LUNA) and UST, is well-known for the 2022 collapse of his algorithmic stablecoin project, which resulted in the loss of billions of dollars in investor funds. Vitalik Buterin, Ethereum cofounder, pioneered smart contracts, which allowed decentralized apps (dApps), NFTs and DeFi to flourish.
Justin Sun, Shiba Inu's Ryoshi, among top 10Santiment went on to list the rest of the top 10 most-mentioned crypto founders, noting that when one of these names starts trending on social media, crypto market volatility typically rises. Prices often rise or fall in response to the positive (FOMO) or negative (FUD) community views associated with them.
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The rest of the top 10 include Tron founder Justin Sun; Sam Bankman-Fried, former CEO of FTX, whose crypto exchange imploded in 2022; Roger Ver, an early Bitcoin investor and proponent of Bitcoin Cash (BCH); and Ryoshi, the anonymous founder of Shiba Inu (SHIB), who disappeared from the public eye after launching one of the biggest meme coins.
Others include Charles Hoskinson, creator of Cardano (ADA) and cofounder of Ethereum; Charlie Lee, creator of Litecoin (LTC); and Changpeng Zhao, cofounder and former CEO of Binance.
David Schwartz, Ripple's CTO and one of the architects of the XRP Ledger, ranks 11th on the chart.
This article examines why Shiba Inu will remain a meme coin despite the numerous projects launched in its ecosystem.
Shiba Inu has been turning heads with its significant developments that have led to the growth of its ecosystem. The rationale behind these moves is to transition SHIB from a meme coin into a utility project.
Shiba Inu Achievements For context, Shiba Inu launched in August 2020, initially focusing on becoming the biggest meme coin in the market, a title Dogecoin has held for several years.
However, everything changed a few months later, as the ecosystem team, led by its pseudonymous founder, Ryoshi, outlined a strategic vision that will potentially transition SHIB from a meme coin to a utility token.
Ever since, Shiba Inu has grown from just a token into an ecosystem, with significant projects like an L2 blockchain (Shibarium), a decentralized exchange (ShibaSwap), and games (Shiba Eternity, Agent Shiboshi, Shiboshi Rush, Lap Dog, and Shibridge).
Other Shiba Inu ecosystem-related projects include SHIB: The Metaverse and non-fungible tokens (Shiboshi and SHEboshi).
Only Factor Keeping SHIB As a Meme Coin Despite these notable achievements, one factor has kept SHIB in the realm of meme coins: its hefty supply.
Unlike most established utility cryptocurrencies like BTC, ETH, XRP, BNB, and SOL, Shiba Inu boasts a hefty circulating supply. This enormous supply is a characteristic common to only meme coins.
Notably, the circulating supply of Bitcoin, Ethereum, XRP, BNB, and Solana currently stands at 19.83 million, 120.59 million, 58.04 billion, 142.47 million, and 508.9 million, respectively.
The limited supply of these established cryptocurrencies makes them attractive to investors, potentially driving up their value. This is evident in the price surge of these assets over the past few weeks.
In contrast, Shiba Inu currently has a circulating supply of 589.25 trillion tokens, akin to most meme coins, which also have astronomical supplies.
This enormous supply of Shiba Inu dilutes the value of each SHIB, potentially making it difficult for the token to witness significant price spikes observed in other limited-supply assets like BTC, ETH, XRP, BNB, and SOL.
Therefore, for Shiba Inu to leave the realm of meme coins, the community must collectively burn a huge chunk of its supply.
Although 410.74 trillion SHIB has been incinerated so far, there is still a need for more burns due to the token’s 589.25 trillion astronomical supply.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The Shibarium Updates account on the X social media network grabbed the SHIB community’s attention as it published a post that mentions Ryoshi – the mysterious Shiba Inu founder who has stepped into the unknown.
Ryoshi chose to leave the public space in May 2022, repeating the moves of enigmatic Bitcoin creator Satoshi Nakamoto and going under the radar. After Ryoshi’s departure, Shytoshi Kusama, an early SHIB investor, took over the project and leads it now, implementing the Ryoshi vision in full.
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Ryoshi-themed tweet about Shibarium from SHIB teamIt was a poem about Ryoshi starting the SHIB project, preparing the way for other Shibarium tokens to be launched after Shiba Inu – BONE, LEASH and TREAT.
The poem also reveals the role of each of those tokens in the Shibarium network. “SHIB for people,” “BONE as the spine,” “LEASH – a badge for the rate to define.” As for the latest token TREAT, it is expected to be used on the Shibarium layer-3 network, which is in development at the moment. Overall, the tweet looks like a Shibarium roadmap in a way.
Ryoshi built the path, then stepped aside —
not to lead, but to let freedom decide.
SHIB for the people, BONE as the spine,
LEASH — a badge for the rare to define.
TREAT stands guard, where love meets code
a decentralized flame the world can’t control.
SHIBARIUM 💚 pic.twitter.com/tEG3AMGFIs
— Shibarium Updates 📢 (@Shibizens) March 28, 2025 “TREAT stands guard, where love meets code a decentralized flame the world can’t control,” the poetic tweet states. The community, including the SHIB marketing lead Lucie, responded to the tweet enthusiastically.
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Shytoshi Kusama returns after lengthy silenceEarlier today, the pseudonymous Shytoshi Kusama finally posted a tweet after a more-than-month-long absence on X. His last tweet came out at the end of February. Between then and March 7, he retweeted X posts published by SHIB partners and friends.
The community gradually became worried about his disappearance and began to inquire with the team as to what had happened to Shytoshi. Several times, the team addressed that growing concern, assuring the meme coin’s community that Kusama is just very busy working and, soon, they said, many announcements about future updates will be made.
At the same time, the SHIB team teased the upcoming layer-3 network on Shibarium that will be powered by the TREAT token.
Today, Kusama responded to the SHIB army’s concern himself by posting a short Japanese haiku to confirm that he is safe and sound and simply stepped aside to accomplish the necessary work and ensure progress for the future of the SHIB network.
A recent piece has highlighted the incredible role the Shiba Inu team has played in sustaining the SHIB ecosystem and keeping Ryoshi’s legacy.
Ryoshi created Shiba Inu in August 2020 as a decentralized ERC-20 token without presales, VC funding, or massive developer allocation. Five years later, the token has become central to a growing ecosystem despite a change at the helm.
For perspective, the pseudonymous creator disappeared in May 2022, leaving the Shiba Inu ecosystem in the hands of the current leaders piloted by Shytoshi Kusama. Since then, the team has led the ShibaArmy to a greater cause than owning a meme coin.
In a recent tweet, the Shiba Inu ecosystem marketer, Lucie, highlighted some milestones the team has helped the ecosystem achieve in their three-year tenure.
Adoption and Expansion The Shiba Inu ecosystem team has kept Ryoshi’s dream alive despite his absence and has piloted the expansion of the ecosystem to a crypto powerhouse, according to Lucie.
It started with the development of the ShibaSwap, a decentralized marketplace launched in 2021 where users can trade Shiba Inu and other ecosystem tokens. Furthermore, its introduction of staking, on-chain governance participation, and liquidity farming has made a difference.
In 2023, the Shiba Inu team launched the Shibarium network, an Ethereum layer 2 blockchain, which allowed users to transact cheaply and swiftly. Further, the ecosystem developers debuted an auto-SHIB burn mechanism, which uses a portion of the transaction fees on the blockchain to buy and incinerate Shiba Inu.
Soon enough, Shiba Inu became a household name in the space, drawing interest from tier-1 exchanges, including Binance, Coinbase, Kraken, and Crypto.com. Currently, SHIB is listed on over 100 major exchanges globally.
Maturity to Compete Squarely in An Evolving Space Kusama has often stressed the team’s focus on utility, which transcends its meme coin origin. While newer and better features are on the horizon, the Shiba Inu ecosystem has achieved an impressive feat in real-world utility and adoption, spurred by the team.
For perspective, the meme coin became a means of payment for global brands and retail outlets. Some of the prominent entities that accept SHIB payment include Newegg, AMC Theatres, Gucci, Travala.com, NowPayments, and Flexa.
The team also brought gaming and NFTs to the Shiba Inu ecosystem. The development of the popular Shiba Eternity, whose Web3 version is currently in closed beta, the Lap Dogs, and Agent Shiboshi, among others, drew gamers to the network. They also introduced in-game NFT collectibles, which could be bought and sold in the marketplace.
Other Shiba Inu team innovations include the Shib: The Metaverse and the Shib OS. The team has also launched campaigns and charitable donations to give back to society.
Interestingly, Lucie stressed that these innovations have kept Shiba Inu in the spotlight and upheld decentralization, a core vision of its creator, Ryoshi.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
The Shiba Inu team recently reminded Ethereum co-founder Vitalik Buterin that SHIB funds were instrumental in supporting the Crypto Relief charitable organization.
This comes after Buterin thanked Binance co-founder Changpeng Zhao (CZ) for donating $10 million worth of BNB in support of his biotech project. In a tweet, the Ethereum founder noted that CZ’s financial donation will help protect humanity from airborne disease.
In a follow-up message, Buterin also expressed gratitude to Polygon’s CEO, Sandeep Nailwal, and the charitable organization Crypto Relief (now Blockchain for Impact). He thanked them for funding biomedical infrastructure in India and returning surplus funds to Balvi for global research and development.
Also worth reiterating thanks for all the support from @sandeepnailwal @CryptoRelief_, who both funded important biomedical infra in India and returned a large portion of to Balvi to expand on its research and dev mission globally.
— vitalik.eth (@VitalikButerin) July 1, 2025
However, Buterin’s appreciation post notably ignored the contributions of Shiba Inu to the charitable effort. In response, members of the SHIB community called out the omission.
Team Points Out SHIB Omission in Buterin’s Appreciation Post Notably, Kaal Dhairya, a top developer of the Shiba Inu ecosystem, pointed out that Buterin failed to acknowledge the billions of SHIB tokens that were initially used to fund Crypto Relief in its early stages.
Since @VitalikButerin forgot to mention the billions in #SHIB tokens that actually funded @CryptoRelief_, let me help complete his tweet 🐕💸
You’re welcome. https://t.co/QwPpaYVnzm
— Kaal (@kaaldhairya) July 1, 2025
To recap, Nailwal launched the Crypto Relief Fund in April 2021 during the second wave of the COVID-19 pandemic in India. Shortly after its creation, Buterin donated 50.6 trillion SHIB, then valued at approximately $1.2 billion, to the nonprofit.
The Ethereum co-founder made the donation using a portion of the 500 trillion SHIB tokens he received from Shiba Inu’s pseudonymous founder Ryoshi.
Of the 500 trillion SHIB tokens, Buterin sent over 410 trillion of these tokens to a dead address, permanently removing them from circulation. He subsequently sent the remaining tokens to other nonprofits, with Crypto Relief receiving 50.6 trillion SHIB (worth about $1.2 billion at the time).
Shiba Inu Craving Buterin’s Recognition Since Buterin’s initial SHIB donation contributed to Crypto Relief’s support for India’s biomedical infrastructure and Balvi’s global R&D efforts, Dhairya believes the Ethereum co-founder owes Shiba Inu a proper acknowledgment.
Additionally, Dhairya’s messages reminded the Shiba Inu community that SHIB played a part in Crypto Relief’s donations. It also positions Shiba Inu as a token that provides financial support for real-world causes, including charitable contributions.
Since last year, the Shiba Inu ecosystem team has been trying to gain Buterin’s attention following his statement that rival Dogecoin deserves to be the second-largest cryptocurrency by market cap.
This claim did not sit well with the Shiba Inu community. Many believe SHIB deserves recognition from Buterin, given its contributions to the Ethereum ecosystem. Notably, Kusama requested a 10-minute conversation with Buterin to discuss SHIB’s potential and why it should be recognized as a top digital asset.
Despite efforts by the SHIB community to draw Buterin’s attention to Kusama’s proposal, the Ethereum co-founder has yet to respond.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
A crypto investor recounts how he missed a golden opportunity with Shiba Inu by selling his holdings too soon.
Earlier this week, crypto users took to X to share their biggest regret in the crypto space. Some narrated how they missed a chance to buy a particular asset when it was at a lower price. Others recounted how they sold their crypto holdings too early before the major pump.
User Sells 2.1% SHIB Supply Early Crypto investor Rick Primes shared how he sold a substantial volume of Shiba Inu too soon. The early SHIB investor claimed he initially held 2.1% of Shiba Inu’s supply at one point.
Since Shiba Inu originally launched with a total supply of 1 quadrillion tokens, this 2.1% would have equated to 21 trillion SHIB. Based on the current supply of 589 trillion tokens, this would now represent around 11 trillion SHIB. However, the investor did not disclose the exact figure he held.
Meanwhile, Primes sold this large stake before Shiba Inu’s massive rally in 2021. After his initial sale, he returned and acquired more SHIB tokens.
At that time, Primes said he accumulated 0.8% of the total SHIB supply. However, he eventually sold those tokens again, for roughly $20 to $30 million.
Soon after, he watched the price of Shiba Inu skyrocket, eliminating any realistic chance of buying back in.
Reflecting on the 2.1% stake he sold too early, Primes claimed the holding would have been worth around $882 million at the “omega top,” Shiba Inu’s all-time peak.
Notably, Shiba Inu reached a peak price of $0.00008845 on October 28, 2021. Many investors reported life-changing gains from SHIB, including some who claimed to have become billionaires.
Shiba Inu Early Days Shiba Inu, which was once dismissed as just another meme coin, stunned the broader crypto market with its jaw-dropping rally in the 2020/2021 cycle. Having launched at an initial price of $0.000000000056, Shiba Inu succeeded in eliminating six leading zeros and spiked to an all-time high of $0.00008845 within 14 months.
Before this rally, Shiba Inu tested investors’ patience. By late 2020, it often seemed as though the development team had vanished. During this period, most investors liquidated their holdings, while a few remained patient.
Things started turning around in early 2021 when several major crypto exchanges, including Binance, listed SHIB on their platforms. In May 2021, Shiba Inu’s pseudonymous founder, Ryoshi, drew attention to the project by gifting half of SHIB’s total supply (500 trillion tokens) to Ethereum co-founder Vitalik Buterin.
Shortly after receiving the tokens, Buterin burned over 410 trillion SHIB by sending them to a dead wallet and donated the remainder to charity. This move cleared the path for Shiba Inu’s subsequent surge to its peak.
Although Primes missed out on a potential ten-figure fortune, he still managed to earn up to $30 million from his second SHIB sale. Many others didn’t get the opportunity to earn substantially from SHIB after selling early.
Yet, a handful of other early SHIB investors also raked in millions of dollars from Shiba Inu. A case in point was two brothers from New York who saw their small investment of $7,900 balloon into $9 million.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
With Shiba Inu losing over 40% of its value since January 2025, several factors have contributed to this downward pressure in SHIB.
Earlier, many teased that 2025 would be the year Shiba Inu would embark on a multi-month rally to an all-time high. However, this expectation has fallen short as Shiba Inu has largely underperformed this year.
For context, at the current price of $0.00001227, SHIB is down 42.2% year-to-date. It is currently trading at 86.15% below its ATH of $0.00008845.
Key Factors Behind Shiba Inu 2025 Struggles Shiba Inu’s underperformance in 2025 is a result of a combination of internal and external market forces. Notably, the broader cryptocurrency market has been on shaky ground for most of 2025, resulting in substantial price declines. Macroeconomic pressures, including tariff wars and recession fears, have negatively impacted the performance of cryptocurrencies.
Intense Meme Coin Competition Additionally, Shiba Inu is facing intense competition from meme coin rivals, including Dogecoin, PEPE, and BONK. As a result, some investors shifted their attention to these tokens, while SHIB experienced low demand.
Fading Community Hype Shiba Inu no longer enjoys the same hype that pushed it to an all-time high of $0.00008845 in 2021. This hype has diminished, with investors liquidating their SHIB holdings and shifting their attention to newer coins
With Shiba Inu failing to replicate its outstanding performance in 2021, most community members have lost interest in the asset.
Fundamentals Shiba Inu has made significant progress in expanding its utility through projects like ShibaSwap and Shiba Eternity. Yet, its real-world use case is still low compared to that of established cryptocurrencies.
Moreover, its token burn campaign, which many see as the fastest route to price appreciation, has not impacted SHIB’s value. While Shiba Inu burn tracker reports millions and billions of tokens burned daily, the amounts destroyed have been inconsequential in impacting the price.
To put things into perspective, over 410.75 trillion SHIB tokens have been burned since 2021. Out of this total, Ethereum’s co-founder, Vitalik Buterin, burned the 410 trillion tokens in 2021.
It has been over four years since the transaction, and the community has not burned at least one trillion SHIB. Shiba Inu continues to maintain an enormous supply of roughly 589 trillion tokens, which impedes the chances of a significant rally.
Government Policy and Regulation The crypto industry has made progress in terms of regulation. This is evident in the enactment of the GENIUS Act for stablecoins and the ongoing review of the market structure bill in the U.S. Senate.
While the government has backed cryptocurrencies on several occasions, its tariff war did more damage to crypto assets, including SHIB, this year.
Low Institutional Interest The lack of institutional interest in Shiba Inu has also contributed to the asset’s performance this year. While Shiba Inu has seen massive interest from retail investors, institutions have stayed away from the asset. This is evident in the lack of a spot ETF application for the cryptocurrency in the U.S.
Meanwhile, asset managers are seeking to launch several spot ETFs focusing on Shiba Inu’s rival, like Dogecoin. A crypto exchange-traded fund (ETF) helps channel inflows from traditional and institutional investors into its underlying asset.
Leadership Issues Shiba Inu has been around since August 2020, but concerns about its leadership remain a major bone of contention. Following the disappearance of pseudonymous founder Ryoshi, another pseudonymous leader, Shytoshi Kusama, assumed leadership of the project.
Despite this, Kusama has maintained the same anonymous leadership style, often communicating in vague terms. This has led to increased negative sentiment, with many questioning the project’s credibility.
Missed Deadlines and Incomplete Projects Shiba Inu’s ecosystem team has introduced several projects, including Shibarium and SHIB: The Metaverse, to transform the token from a meme coin to one with utility. However, most, such as SHIB: The Metaverse, are still in progress.
Last year, Shiba Inu’s marketing lead, Lucie, confirmed that the team aims to complete all projects within the 2024/2025 timeframe. It’s only a few months until the end of this year, and anticipations continue to build for the proposed release.
Currently, there is no information about the proposed privacy Layer-3 blockchain, which is scheduled for a Q4 2025 launch.
Overall, Shiba Inu’s underperformance in 2025 stems from a storm of market downturn, fading hype, and low institutional interest, among other factors.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Ethereum founder Vitalik Buterin recently offloaded billions in meme coins. This has brought back memories of how Buterin handled the Shiba Inu tokens that SHIB’s founder Ryoshi sent to him back in 2021.
Ethereum Founder Offloads Billions Of Meme Coins On-chain analytics platform Onchain Lens revealed in an X post that the Ethereum founder had sold 150 billion PUPPIES for 28.58 ETH ($114,480) and 1 billion ERC20 for $13,889 USDC. These are tokens that Vitalik received for free, as meme coin teams and the community are known for sending coins to the Ethereum founder.
This practice dates to as far back as 2021, when the Shiba Inu founder Ryoshi sent 500 trillion SHIB tokens, which represented half of the meme coin’s total supply. The Ethereum founder famously burned 450 trillion coins by sending them to a dead wallet, while he donated the remaining 50 trillion coins to help fight the COVID-19 pandemic at the time.
Since then, Vitalik has adopted a similar approach for every meme coin he receives. The Ethereum founder usually sells these coins and then donates the proceeds to charity. He had mentioned last year that he would truly prefer if these coins were sent directly to charity. Vitalik further advised community members to consider setting up a DAO and getting community members directly involved in decision-making.
The Ethereum founder added that the best thing for meme coins is if they can be maximally positive-sum for the world, and that it will be great to see moments when that actually happens. However, these transfers to Vitalik are often viewed as a means for these meme coins to increase their visibility.
Vitalik’s move with the SHIB tokens undoubtedly contributed to putting Shiba Inu in the spotlight. He burned those tokens just as the meme coin went on its legendary run in 2021, reaching its current all-time high (ATH) of $0.00008845 in the process.
A Peek Into Vitalik’s Public Wallet Arkham data shows that the Ethereum founder still has more meme coins in his pubic wallet, which he received from community members. His largest meme coin holding is currently Moodeng, which he holds 30 billion coins worth $518,000. Meanwhile, his largest crypto holding in value remains ETH. Vitalik holds 240,000 ETH worth just over $1 billion.
The Ethereum founder regained his on-chain billionaire status following ETH’s break above $4,000 last month. ETH eventually reached a new ATH in the process, which caused Vitalik’s wealth to surge briefly. However, the largest altcoin is currently struggling to hold above the psychological $4,000 level amid the recent crypto market downtrend.
At the time of writing, the Ethereum price is trading at around $4,200, up over 2% in the last 24 hours, according to data from CoinMarketCap.
ETH trading at $4,181 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Medium, chart from Tradingview.com
A new crypto presale is opening its first public round on BNB Smart Chain with a CertiK-audited contract, a hardcoded 2% burn on every transfer, and a commitment to lock token allocations on Team Finance or UNCX Network at exchange listing — three structural commitments most 2026 presales still fail to make on day one.
SkyFleetDash, the play-to-earn space-racing platform behind the SFDT token, has confirmed a three-round public presale ahead of its Q3 token generation event. It follows a closed private round that placed 17 million SFDT with strategic backers, and arrives with a finished smart contract, a completed audit, and a playable build already in front of press for hands-on review.
What the SFDT Presale Actually Looks Like Table of Contents
What the SFDT Presale Actually Looks LikeIs SkyFleetDash an Audited Project?What Is SkyFleetDash Beyond the Token?Why This Matters for the Best Crypto Presale 2026 Shortlist The SFDT presale is a three-round public sale priced at $0.05, $0.06, and $0.07, opening into a $0.10 public launch — early conviction is paid for, not promised.
Round 1 opens at $0.05 per SFDT — a 50% discount to the $0.10 public launch price. Round 2 lifts to $0.06 (40% off), and Round 3 closes at $0.07 (30% off). Together the three rounds release 100 million SFDT — exactly 10% of the fixed 1 billion total supply — for a presale hard
cap of $6.05 million, with another 10% reserved for the $0.10 public launch.
Round Price Tokens Raise Round 1 $0.05 30,000,000 SFDT $1.50M Round 2 $0.06 35,000,000 SFDT $2.10M Round 3 $0.07 35,000,000 SFDT $2.45M Public launch $0.10 — — Per-wallet entry is capped at $25,000 with a $50 minimum. Round 1 accepts BEP-20 USDT only; additional payment options (BNB, BUSD) will be added in later rounds as the community grows. Presale allocations unlock 20% at TGE, with the remaining 80% released monthly across four months — fully vested five months after TGE. Round 1 opening will be announced by the community; Rounds 2 and 3 follow sequentially.
Is SkyFleetDash an Audited Project? Yes, SkyFleetDash has completed a full CertiK smart-contract audit and holds CertiK team KYC verification. The audit report is publicly available on CertiK.
The wider trust stack is unusually well-assembled for a project entering its first public round:
Token locks — allocations will be secured on Team Finance or UNCX Network (industry-standard EVM locking platforms), with liquidity locked at exchange listing. The Reserve Fund sits in a 3-of-5 multisig, with milestone-gated releases and monthly transparency reports. The 2% burn tax is hardcoded into the SFDT smart contract — immutable, applied on every transfer, trade, and conversion. Quarterly burn events are planned on top of the per-transfer burn, with on-chain transaction hashes published each cycle for transparency. The official SFDT contract address will be published on skyfleetdash.com at TGE. Readers should verify the contract directly through the official site before sharing or interacting with it.
What Is SkyFleetDash Beyond the Token? SkyFleetDash is a skill-based competitive spacecraft-racing platform built on a dual-token economy, with customizable spacecraft, player-built tracks, and NFT-tradable rare items.
Players race customisable spacecraft across cosmic tracks, build and sell their own Sky Tracks, and convert race-earned GameCoin (the in-game currency) into SFDT through a KYC-gated conversion system. Tournament wagering is structured as skill-based competition, not gambling. A playable build is available at game.skyfleetdash.com for hands-on press review.
Most space-themed crypto projects today are exploration sims or strategy games. SkyFleetDash’s differentiator is real-time competitive racing combined with a deflationary dual-token economy.
Why This Matters for the Best Crypto Presale 2026 Shortlist Most new presales hitting the market in 2026 still arrive without an audit, without a credible token-locking commitment, and without a hard-capped public allocation. SkyFleetDash flips that default.
At the $0.10 launch price, initial market cap lands at ~$13.5 million against a $100 million fully diluted valuation — a tight float by GameFi standards, with continuous deflationary pressure baked into every on-chain transfer. The presale itself is hard-capped at $6.05 million across 100 million SFDT, with no further minting permitted post-launch.
For investors mapping the new crypto presale landscape ahead of Q3 TGE, SkyFleetDash is one of the few names entering public rounds with the audit and vesting structure already in place, and a clear locking commitment via Team Finance or UNCX at exchange listing.
Learn more at skyfleetdash.com. The official contract address will be published on the site at TGE.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto market analyst and on-chain data enthusiast. Breaking down the trends, narratives, and market cycles of Bitcoin, alts, and macroeconomics.
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January 23, 2024
Top Crypto Gainers Today on DEXTools$XETH, $TWEET and $KABO are the top crypto gainers today on DEXTools, as the broader market downturn worsens.
Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day.
That’s because their low level of liquidity means that relatively small buy pressure can easily result in fast exponential gains.
While blue-chip cryptocurrencies can offer good upside prospects, traders looking to make quick profits usually turn to low cap markets.
Speaking of blue-chip markets, the downtrend in prices has continued on Tuesday.
Traders continue to fret about elevated Grayscale sales, while reports that Mt. Gox victims may soon get repaid their BTC tokens may also be dampening sentiment.
Bitcoin (BTC) hit fresh yearly lows at $38,500 earlier in the day before bouncing to $39,400s.
Ether (ETH), meanwhile, is struggling just above $2,200.
Most major altcoins like Solana (SOL), XRP (XRP) and Cardano (ADA) were down around 4-6% in the past 24 hours.
With major crypto prices struggling, here are some of the top small-cap crypto gainers on Thursday as per DEXTools.
Top Crypto Gainers on DEXToolsXETH ($XETH) A newly launched shitcoin called XETH ($XETH) has exploded and is one of the top crypto gainers on Thursday.
$XETH is up 2,100% in the past 24 hours, as per DEXTools.
The latest pump has seen it hit a market cap of $1 million and reach liquidity of $220,000.
Despite launching less than 24 hours ago, it already has just under 900 holders.
But Investors should be cautious of the token’s a few concerning aspects to its smart contract.
Honeypot.is reckons the token might be a honeypot scam.
TWEETY ($TWEETY) A shitcoin called TWEETY ($TWEETY) is has been pumping in the past week.
As per DEXTools, it was last up 160% on the day, making it one of the top crypto gainers today.
$TWEETY’s market cap was last just over $1.8 million, with partially locked liquidity of around $750,000 and around 1,100 holders.
It has no concerning aspects to its smart contract, as per DEXTools’ security audit.
KaboChain ($KABO) A shitcoin called KaboChan ($KABO) has been pumping on Tuesday.
$KABO was last up around 340% in the past 24 hours, as per DEXTools.
Still, its market cap is pretty tiny at only around $600,000, with $90,000 in liquidity.
As per DEXTools’ security audit, the token only has two four concerning aspects to its smart contract.
Crypto Alternatives to Consider Low-cap coins can offer huge potential returns but also come with a lot of risk.
For those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of upstart crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
Here is a list of 15 of what the project deems as the best crypto presales of 2023.
See the 15 Cryptocurrencies
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilize affiliate links within our content, and receive commission.
The Ethereum network stands as a revolutionary innovation in the realm of blockchain technology. It serves as a robust platform for building and deploying decentralized applications (dApps), fueling the growth of decentralized finance (DeFi) and transforming the way we interact with financial services. However, with its widespread adoption and increasing popularity, Ethereum has faced challenges of scalability and high transaction fees, leading to the development of Layer 2 scaling solutions to enhance its capabilities.
The Ethereum blockchain hums with innovation, birthing a new breed of digital assets known as ERC-20 tokens. These versatile gems unlock a treasure trove of possibilities, from voting rights in decentralized communities to fueling innovative applications and even representing virtual currencies.
ERC-20 tokens are standardized building blocks on the Ethereum network. They adhere to a specific set of rules, ensuring seamless interaction and divisibility, making them perfect for trading and diverse applications. Think of them as digital coins, each with its unique identity and purpose, ready to be exchanged, used, and explored.
Whether you’re a seasoned crypto trader or a curious newcomer, navigating the thrilling world of ERC-20 trading can be challenging. This comprehensive guide will equip you with the knowledge and tools to confidently buy, sell, and trade these digital assets on the Ethereum network.
Some of the major and popular ERC-20 Tokens are Tether (USDT), Polygon (MATIC), Chainlink (LINK), Uniswap (UNI), Lido DAO (LIDO), Maker DAO (MKR), amongst many others.
Features of Ethereum Network Ethereum’s innovative design sets it apart from other networks, paving the way for a decentralized future of finance, applications, and beyond. Distinguished by its unique features and capabilities, it stands as one of the pioneers of Blockchain Technologies with standout features like:
The Power of Smart Contracts
The Ethereum Virtual Machine (EVM) serves as the core engine that drives the execution of smart contracts on the Ethereum network. These smart contracts are self-executing code that automates various actions and agreements, forming the foundation of dApps and DeFi protocols. EVM compatibility is crucial for deploying and interacting with ERC-20 tokens, the most common token standard on Ethereum.
Unlike static databases, Ethereum boasts the groundbreaking ability to execute self-enforcing agreements through smart contracts. These programmable pieces of code automate a wide range of tasks, enabling trustless interactions and the creation of innovative applications in diverse sectors.
Layer 1 and Layer 2: Addressing Scalability
The Ethereum mainnet functions as a Layer 1 blockchain, the base layer where all transactions are ultimately settled. To address the scalability bottlenecks on this primary layer, Layer 2 solutions have emerged as a promising approach. These solutions aim to offload a significant portion of transaction processing off-chain, resulting in increased throughput, faster confirmation times, and significantly reduced transaction costs.
A Platform For Innovation
Ethereum isn’t just a cryptocurrency platform; it’s a fertile ground for developers to build revolutionary decentralized applications (dApps). From DeFi protocols automating financial transactions to NFTs unlocking new ownership models, the possibilities are endless.
Gas and Gas Fees: Fueling Transactions
Within the Ethereum network, gas refers to the computational power required to execute transactions and smart contracts. Users pay gas fees to compensate miners for processing their transactions. Gas fees are denominated in ETH, Ethereum’s native cryptocurrency.
Fueling Decentralized Finance (DeFi)
As a breeding ground for DeFi protocols, Ethereum empowers users to take control of their finances. Borrow, lend, invest, and trade without dependence on intermediaries, fostering a more open and inclusive financial system.
Ecosystem And Adoption
Unlike centralized projects, Ethereum thrives on a vibrant and passionate community. Developers, miners, and users participate in its governance and evolution, ensuring its development remains transparent and aligned with the community’s needs. This growing ecosystem includes decentralized exchanges (DEXs), gaming applications, and more.
Exploring Layer 2 Scaling Solutions
Layer 2 scaling solutions offer a promising pathway to address the scalability challenges faced by the Ethereum mainnet. They operate as secondary layers built on top of the main blockchain, providing alternative mechanisms for transaction processing and data storage.
Here are some common types of Layer 2 solutions:
Sidechains: Independent blockchains that run in parallel with Ethereum, enabling faster and cheaper transactions. Plasma Chains: Blockchains that leverage Ethereum for security and finality, offering scalability benefits through data offloading. Optimistic Rollups: The technology employed by the Ethereum network for token transactions, which bundles multiple transactions off-chain and submits a summary to the mainnet for verification. Beyond Features: What Truly Sets Ethereum Apart? Ethereum’s uniqueness extends beyond its specific features, encompassing its fundamental characteristics and impact on the blockchain landscape.
Network Effect and Ecosystem: Through its early adoption and widespread implementation, Ethereum has established a robust network effect. Developers, projects, and users gravitate towards it, creating a flourishing ecosystem that strengthens its overall value and resilience.
Security and Trust: Built on a Proof-of-Work (PoW) consensus mechanism, Ethereum offers a high level of security and protection against malicious attacks. Its distributed nature further bolsters trust and transparency, minimizing the risk of centralized control.
Flexibility and Adaptability: Ethereum’s design prioritizes flexibility and adaptability. Upgradeability mechanisms allow it to evolve and adopt new features to remain relevant and address emerging challenges in the blockchain space.
Global Impact and Pioneering Spirit: Ethereum has gone beyond being a mere technological advancement; it has ignited a global conversation about decentralization, ownership, and financial autonomy. Its pioneering spirit continues to inspire innovation and shape the future of our digital world.
How To Get Started on the Ethereum Network for ERC-20 Tokens.
To buy/sell ERC-20 Tokens, you’ll need a crypto wallet. There are several crypto wallets to choose from within the Ethereum network and, popular options include software wallets like MetaMask, Trust Wallet, Coinbase Wallet, Binance WAllet, etc.
If you are using a desktop computer, you can download Google Chrome and install the MetaMask Wallet Chrome extension. If you prefer using your mobile phone, you can download MetaMask wallet via Google Play or the iOS App Store.
Just make sure that you are downloading the official Chrome extension and mobile app by visiting MetaMask Wallet’s website.
Once you’ve registered and set up your wallet via the Google Chrome Extension or via the mobile app you downloaded, MetaMask wallet allows users to manage their cryptocurrency wallets and interact with decentralized applications (DApps) to execute transactions on supported blockchain networks directly from their browsers. (Write down your seed phrase on a piece of paper and keep it in a safe place!).
Now, you’ll need to connect and add Ethereum to your MetaMask wallet. You may refer to MetaMask support page for reference on their website.
Trading ERC-20 Tokens on the Ethereum Network. In order to ERC-20 token trades on the Ethereum network, you will need to buy ETH as your base currency. You can buy ETH on centralized exchanges such as Binance, copy your wallet address from Metamask, and then send the ETH from Binance to your Metamask wallet.
You can also purchase ETH directly within the Metamask wallet using traditional payment methods such as credit or debit cards, etc.
Just click on the “Buy/Sell” button within Metamask to open the interface. Here, you can put how much ETH (or any other token) you want to buy in terms of dollar terms, pick your payment method, and then click “Buy”.
Note that to buy crypto directly within Metamask, you will need to provide info such as your country and state. However, it is a straightforward process that only takes a minute.
It’ll only take a couple of minutes at most for your ETH to arrive in your wallet. Once the ETH arrives, you are all set to begin trading ERC-20 tokens on the Ethereum network. So, head over to UniSwap to get started on your trading journey.
How To Trade ERC-20 Tokens On The Ethereum Network Using UniSwap Uniswap is a decentralized exchange (DEX) protocol built on the Ethereum blockchain. It allows users to trade Ethereum-based tokens directly from their wallets without the need for intermediaries or traditional order books.
Uniswap offers users a simple and straightforward way to buy and sell a wide variety of tokens. Be sure you’re on the Uniswap website to protect your wallet.
The first step is clicking on the “Launch App” button at the top right corner, as shown in the image below:
The next step is clicking on the connect wallet option on Uniswap at the top right corner, as shown in the image below:
Connect to your preferred wallet as shown below. (In this case, it’s Metamask):
Once connected, switch Metamask to the Ethereum network. (If you’re already on the Ethereum network, you do not need to switch):
After connecting MetaMask to the Ethereum network, go to Uniswap, and then you can start your ERC-20 Tokens on the Ethereum network using UniSwap.
Trading Ethereum Tokens On Uniswap The next step is to select your preferred tokens on the UnsSwap interface and since Uniswap operates on a token to token trading model, click on the “select token” button to select the trading pair you want to trade against.
For example, if you want to buy USDT using ETH, select ETH – USDT, enter the amount, then click on “swap” or “trade now” and confirm the transaction in your Metamask wallet. You can view the tokens in your wallet’s asset list.
Buying and Selling ERC-20 Tokens with the Metamask Wallet Ethereum Network users can also buy and sell tokens using the Metamask extension wallet already connected to the Ethereum network. To do this, make sure you’re connected to the Ethereum network and have ETH to swap and pay for gas fees. Then, navigate to the “Swap” button as shown below. This will take you to the Swap interface inside Metamask.
Using the image above as a guide, you can also search for tokens using the name or the contract address, just like on UniSwap. Input the amount of ETH you want to swap, confirm that you have the correct token, and then click “Swap.” Once the transaction is confirmed, the tokens you just bought will be sent to your wallet.
Tracking ERC-20 Token Prices on The Ethereum Network ERC-20 token holders and traders can take advantage of on-chain tools like DeFiLama to gain access to comprehensive market insights for specific tokens. These insights include price data and contract information, empowering users to make well-informed trading decisions based on reliable and up-to-date information.
Dextools is a comprehensive analytic resource for managing digital assets traded on ERC-20 Decentralized Exchanges. It’s a vibrant analytical cryptocurrency resource that provides statistical information on all leading blockchains and crypto projects.
Among these features, an exceptional one is the charting functionality, which delivers both real-time and historical price data for a wide range of tokens.
By utilizing these charts, users gain valuable insights into price trends, trading volumes, and other pertinent metrics. This enables them to pinpoint potential entry or exit points for their trades with precision and confidence. For example, let’s assume you’re $ETH for $LIDO, your trading pair is ETH/LIDO.
Note, Trading pairs serve as bridges between currencies. For example, the ETH/LIDOpair allows you to acquire $LIDO tokens using Ethereum (ETH).
Choose the pair that fits your funding situation and trading strategy. Consider using ETH if you already hold it, or fiat currencies if you’re venturing in fresh.
Let’s track the $LIDO token on Dextools, here’s what we have:
Conclusion Buying, selling, and trading ERC-20 tokens on the Ethereum network can be a thrilling adventure, opening doors to exciting investment opportunities and unlocking the potential of decentralized finance. However, it demands knowledge, caution, and a well-defined strategy.
This guide serves as your map and compass, but the ultimate treasure lies in your own learning and exploration. Navigate with confidence, trade responsibly, and remember that the most valuable asset in this journey is your knowledge.
Featured image from CoinMarketCap, chart from Tradingview.com
Crypto market analyst and on-chain data enthusiast. Breaking down the trends, narratives, and market cycles of Bitcoin, alts, and macroeconomics.
Has Also Written
Last updated:
January 30, 2024
Top Crypto Gainers Today on DEXTools$NUERALINK, $BOBO and $GTAO 2.0 are the top crypto gainers today on DEXTools as the broader crypto market rebound continues on Tuesday.
Bitcoin (BTC) was last in the mid-$43,000s, up close to 1% in 24 hours as per CoinMarketCap.
Ether (ETH) and Solana (SOL) were the biggest major altcoin gainers, up 3% and 5% respectively.
Markets are in a good mood amid fading concerns about Grayscale sell pressure.
Bullish bets are also returning, with Standard Chartered touting a potential $4,000 ETH price on spot Ethereum ETF optimism.
Spannender Ausblick von Standard Chartered, einer globalen Finanzgröße: Sie erwarten die Genehmigung von den Spot Ethereum ETFs am 23. Mai. ✅
Interessant dabei: Sie sehen ein Preisziel von $4,000 für ETH, angelehnt an die BTC-Entwicklung vor dessen ETF-Start. 🚀 https://t.co/GkbIg15Fga pic.twitter.com/pm6ITjvARI
— Hoss (@hoss_crypto) January 30, 2024
But small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day.
That’s because their low level of liquidity means that relatively small buy pressure can easily result in fast exponential gains.
While blue-chip cryptocurrencies can offer good upside prospects, traders looking to make quick profits usually turn to low-cap markets.
Here are some of the top small-cap crypto gainers on Thursday as per DEXTools.
Top Crypto Gainers Today on DEXToolsNyro ($NYRO) A shitcoin called Neuralink ($NEURALINK) has been pumping on Wednesday.
$NYRO was last up around 3,600% in the past 24 hours, as per DEXTools.
The pump in the coin comes amid news that Elon Musk’s company Neuralink just completed its first brain implant successfully.
Its market cap is pretty tiny at only around $1.8, with under $200,000 in liquidity.
Potential investors should be very cautious that the token could be a scam.
While it has a DEXTscore of 99/99, it has six concerning aspects to its smart contract.
BOBO ($BOBO) A recently launched shitcoin called BOBO ($BOBO) has exploded and is one of the top crypto gainers on Wednesday.
$BOBO is up 760% in the past 24 hours, as per DEXTools.
But the latest pump has seen it hit a market cap of only $375,000, and it has limited liquidity of just $177,000.
Investors should be cautious that it could be a scam.
Smart contract auditors are undecided over whether it is a honeypot scam, as per DEXTools.
GT Protocol 2 ($GTAI 2.0) A shitcoin called GT Protocol 2 ($GTAI 2.0) is pushing higher on Tuesday.
As per DEXTools, it was last up 600% on the day, making it one of the top crypto gainers today.
$ GTAI 2.0’s market cap was still a tiny $342,000, with liquidity of around $232,000.
The token has a solid DEXTscore of 95/99 and only one smart contract issue has been identified, lowering the risk it’s a scam.
Crypto Alternatives to Consider Low-cap coins can offer huge potential returns but also come with a lot of risk.
For those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of upstart crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
Here is a list of 15 of what the project deems as the best crypto presales of 2023.
See the 15 Cryptocurrencies
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
VANCE and VENCE have both seen huge gains in the past seven hours.
In 2022, Vance won the Ohio Senate primary, partially by branding himself as a crypto-friendly politician. That same year, Vance disclosed owning between $100,001 and $250,000 worth of BTC in a financial statement filed in October 2023.
(Shutterstock/Lev Radin)
Posted July 15, 2024 at 6:51 pm EST.
With Donald Trump choosing Ohio Senator J.D. Vance as his Republican vice presidential runnig mate on Monday, a number of memecoins inspired by Vance have surged.
According to data from DexTools, one memecoin with the ticker VANCE, which was created 19 days ago on Ethereum, has more than tripled in the past seven hours from $0.00001365 to $0.00004326 at presstime.
Similarly, another memecoin on Solana, VENCE, based on the incorrect spelling of Vance’s last name, increased nearly 150% over the same period from $0.0009759 to $0.002439. The VENCE token joins a cohort of cryptocurrencies that have tickers stemming from the misspelling of politicians’ names, such as TREMP and BODEN.
With a combined 24-hour trading volume of roughly $17.83 million, VANCE and VENCE have liquidity levels of $310,840 and $197,520, respectively, per DexTools. Additionally, these two tokens have a combined market cap of $6.55 million.
The surge in the price of Vance-inspired memecoins following Trump’s decision highlights the speculative nature of the crypto ecosystem and the sensitivity among traders to political news, as high-risk takers are currently considering whether to increase their exposure to these memecoins.
“[I] got my eye on $VENCE, $VUNCE, [and] $VANCE for some reckless orderblocks to add and forget about,” wrote one crypto trader who goes by the X handle @ShadyTheWizard. “No reason to FOMO into green candles, but may be worth it to add if we get some serious dips pre-news levels.”
Vance’s Pro Crypto Stance Memecoins inspired by Vance are not the only connection the potential future US vice president has with the crypto ecosystem.
In 2022, Vance won the Ohio Senate primary, in part by running as a crypto-friendly politician. According to a financial disclosure statement that he filed in Oct. 2023, Vance owned between $100,001 and $250,000 worth of BTC.
And according to a Politico report last month, Vance started sharing draft legislation intended to overhaul the way the US government regulates cryptocurrencies.
더욱 인상적인 점은 토큰 거래량의 증가로, 투자자들이 단기적인 혼란에도 불구하고 솔락시에 대해 강한 낙관론을 유지하고 있음을 시사한다.
이와 동시에, 현재 테스트넷에서 가동 중인 프로젝트의 레이어 2 아키텍처 또한 개발자 및 사용자들 사이에서 높은 관심을 받고 있으며, 오는 7월 메인넷 론칭을 앞두고 기대감이 고조되고 있다.
여기에 여러 분석가들은 강세장이 아직 끝나지 않았다는 전망을 내놓고 있으며, 커뮤니티 내에서 솔락시가 몇 주 뒤면 100배 수익을 목표로 상승할 수 있다는 기대 섞인 추측이 퍼지고 있다. 솔락시는 지금 구매할 만한 유망 코인일까?
솔락시, 5,800만 달러 모금하며 프리세일 종료 솔락시는 2025년 최고의 성적을 보여준 코인 프리세일 중 하나였다. 전문가들은 거래소 상장을 계기로 이러한 성적이 지속될 것으로 보고 있다.
솔락시의 프리세일은 시작과 동시에 폭발적인 반응을 얻었으며, 시장 전반에 걸친 변동성에도 불구하고 6,000만 달러에 가까운 모금액을 달성했다.
No need to check your eyes its true. 🛸
58M Raised! 🔥 pic.twitter.com/xyKf6VlqOR
— SOLAXY (@SOLAXYTOKEN) June 23, 2025
이러한 기세의 원동력은 단연 고래 투자자들의 적극적인 참여다. 고래들은 프리세일 종료 직전까지도 수십만 달러 규모의 자금을 지속적으로 투입했으며, 최근에는 세 개의 고래 지갑이 총 25만 달러 상당의 SOLX를 매수하기도 했다.
프로젝트가 유니스왑에 상장된 지금도 투자자들의 활동은 꾸준하며, 보유자 수가 계속해서 증가하고 있다는 점은 이들이 단기 가격 움직임보다는 장기 성장성에 집중하고 있음을 보여준다.
이는 애널리스트들이 솔락시를 100배의 수익을 거둘 코인으로 보는 데 힘을 실어주는 요인이다.
솔락시는 검증된 롤업 기반 레이어2 구조를 통해 솔라나의 처리량을 크게 향상시키고, 네트워크 효율성과 거래 비용을 대폭 개선함으로써 혼잡한 시기에도 원활한 트랜잭션을 보장한다.
솔라나는 밈코인의 중심지로 각광받고 있지만, 지속적인 네트워크 병목 현상, 빈번한 지연 및 다운타임 등의 문제점으로 몸살을 앓아왔다.
지속적인 네트워크 업그레이드에도 불구하고, 이러한 문제는 계속해서 발생하고 있다. 예를 들어, 올해 초 오피셜 트럼프(Official Trump) 및 멜라니아(Melania) 코인 출시 당시 투자자들은 상당한 네트워크 혼잡에 직면해 수수료 상승과 거래 실패 등의 문제를 겪었다.
밈코인 열기가 쉽사리 식을 것으로 보이지는 않는 상황에서, 보안성을 유지하면서도 처리량을 대폭 높일 수 있는 솔루션의 필요성은 어느 때보다 절실하다.
이 때문에 솔락시가 개발자, 사용자 및 투자자들 모두에게 환영받고 있다. 솔락시의 레이어 2 체인은 SOL 트랜잭션을 오프체인에서 일괄 처리한 뒤, 그 결과를 솔라나 메인넷에 기록하는 방식을 채택하고 있다.
이 혁신적인 접근 방식은 제로 다운타임, 초고속 처리율, 저지연 트랜잭션으로 이어져 디젠들이 곧 오게 될 밈코인 슈퍼사이클에서 최대한의 이득을 취할 수 있도록 한다.
이와 유사하게 솔락시의 최첨단 기술은 이더리움과의 상호운용성도 지원, 양 체인 간 크로스체인 활동의 새 시대를 열어준다.
오는 7월 메인넷 출시를 앞두고, 솔락시는 또한 곧 있을 두 가지 주요 상품인 이그나이터 프로토콜(Igniter Protocol)과 넵툰(Neptoon)에 대한 출시 소식을 알렸다.
이그나이터 프로토콜은 사용자들이 자신의 밈코인을 단 몇 번의 클릭만으로 출시할 수 있게 해 줄 것이며 펌프펀(Pump.fun)의 주된 경쟁상대가 될 것이 유력해 보인다. 반면, 넵툰은 솔락시의 자체 탈중앙화 거래소 역할을 하게 되며, 밈코인 트레이딩의 새로운 허브로서의 시장 위치를 강화하게 될 것이다.
🚨 Welcome to the Future 🚨
Another major piece of the puzzle is coming together. The Solaxy DEX is on the way.
It will be the native trading hub for all tokens launched through Igniter, our rollup-native launchpad. Once a token completes its bonding curve on Igniter, it flows… pic.twitter.com/lEvZh7RRd6
— SOLAXY (@SOLAXYTOKEN) May 27, 2025
이러한 기능들의 도입은 SOLX의 가치 상승을 견인할 것으로 보이며, 중앙화 거래소(CEX) 상장 가능성도 제기되고 있다.
중요한 점은 지난 주에 SOLX가 6,200만 달러 상당의 350억 개 토큰을 소각한 점에서도 알 수 있듯, 디플레이션 설계를 채택하고 있다는 것이다. 이와 같은 이니셔티브는 수요 증가 시 SOLX의 가격을 뒷받침하는 요인이 될 수 있다.
솔락시 가격 전망 – 차기 100배 수익 코인일까? 솔락시는 24일 유니스왑(Uniswap)에서 거래가 시작된 직후 이스라엘-이란간 갈등이 격화되면서 전반적인 시장 불확실성으로 인해 다소 조정을 받았다.
현재 SOLX은 0.0008869달러에 거래되고 있으며 시가총액은 약 9,300만 달러다.
유니스왑 외에 해당 밈코인은 덱스툴즈(DexTools), 덱스스크리너(DexScreener), 코인마켓캡(CoinMarketCap), 레이디움(Raydium) 및 코인게코(CoinGecko)에서도 거래되고 있다.
약간의 하락에도 불구하고, SOLX의 시장 심리는 투자자들의 지속적인 매집에서도 알 수 있듯이 강세장을 유지하고 있다. 실제로 1시간 차트에서 약 43% 급등세를 보이며 초기 하락장이 마무리된 것 아니냐는 분석이 나오고 있다.
이미 SOLX는 상승 채널 내에서 거래 중이며, 이는 알트코인에서 가장 강한 상승 신호 중 하나로 꼽힌다.
특히 거래량이 계속 증가함에 따라, 상단 추세선을 돌파할 가능성이 높아 보이며, 이 경우 시가총액이 이번 주 내 5억 달러까지 도달할 수 있다는 관측도 제기된다.
무엇보다도 솔락시는 아직 중앙화 거래소(CEX)에 상장되지 않았다. 개발팀이 주요 CEX 상장에 대해 암시한 점을 고려하면, 지금이 아직 늦지 않은 투자 타이밍일 수 있다.
장기적으로 곧 있을 메인넷 출시를 둘러싼 기대감이 시장에서 점점 더 커지고 있기 때문에, 전문가들은 솔락시가 수십억 달러의 가치를 지니고 있는 것으로 평가되는 스택스(Stacks), 아비트럼(Arbitrum) 및 옵티미즘(Optimism)과 같은 여타 레이어 2 프로젝트의 성공에 근접하지 못할 이유가 없다고 보고 있다.
조기 구매자들이 추후 50~100배의 수익을 기대하고 있는 것도 전혀 놀라운 일은 아니다.
프리세일 참여자들은 프로젝트의 웹사이트를 방문하여 구매한 토큰을 클레임할 수 있다.
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Enjinstarter’s got a sweet upcoming IDO that looks set to “blast off”! Why, it’s for BlastOff, a project that’s launching on a Layer 2 network, Blast. In the article below, we take a look at what the project is all about. On top of that, we’ll inform you of all the IDO details you need.
What Is BlastOff? BlastOff is a DeFi protocol built on the Blast Layer 2 network. It focuses on 2 areas. One, building a launchpad, and two, building a yield aggregator. For both areas, BlastOff adds a little bit of yield to the mix. With Blast L2’s technology, Decentralized Applications (dApps) can leverage on its native yield potential. Hence, BlastOff enables:
YIDOs. Or, Native Yield Based IDOs for short. This means that users who stake ETH or stables can gain access to BlastOff YIDOs. YZone Yield Aggregators. YZone optimizes yield opportunities amongst many yield-generating protocols. This provides BlastOff users access to the best yields on Blast. All in all, BlastOff aims to grow the Blast community and its TVL with its two key offerings.
The @blastozone network keeps going from strength to strength!
Today, we are excited to announce our partnership with @BlastiesNFT, an innovative project where lucrative NFTs come with superpowers, giving holders an edge over the rest of the pack!
Blasties marks the starting… pic.twitter.com/brFVyGh7vG
— BLASTOFF (@blastozone) February 19, 2024
Key Metrics and Token Generation Event (TGE) Details IDO Platforms: EnjinStarter Website: https://blastoff.zone/ Twitter: https://twitter.com/blastozone Launch date: Register Interest Period: 3AM UTC, 21 Feb 2024 to 3AM UTC, 23 Feb 2024 IDO: 26 Feb 2024 GAP round: 9AM UTC, 26 Feb 2024 to 9AM UTC, 27 Feb 2024 FCFS round: 1PM UTC, 28 Feb 2024 to 1PM UTC, 29 Feb 2024 Initial Supply: 730,000 $OFF Total Supply: 10,000,000 $OFF Initial Market Cap: $438,000 Total Raise: $1,320,000 Vesting: 30% unlock at TGE, then 6 months linear vesting EnjinStarter 7-day Optional Refund BlastOff is an innovative Idle Yield launchpad and aggregator on the Blast network, offering unique features like Blast Native Yield and YZone for maximum user yield.
🗓 #IDO | February 27, 2024
🪪 KYC to join IDOs: https://t.co/BEFDNnDZCp
⚡️ Check the guide here:… pic.twitter.com/zqi6F8mZIo
— ENJINSTARTER (@enjinstarter) February 1, 2024
Why Will We Participate in the BlastOff IDO? The $OFF token in the BlastOff IDO is essential to the project’s ecosystem. The team designs the token’s utility to reward and incentivize loyal users. The multiple use cases for the $OFF token include:
Staking. This will kick-start the Blast Force Score for each user. Access to YIDOs with higher allocations. Lower fees for Native Blast Staking. Higher yield and lower fees for YZone’s products. Governance. Serving as a reward token to incentivize users. Revenue sharing. With strong utility, investors bullish on the Blast L2 would not pass up easily on BlastOff’s $OFF token.
On top of that, the BlastOff team looks to implement a fair set of token allocations. You can check them out here. In short, the team and advisors of the project have their tokens subjected to long vesting periods. This aligns with their interest in committing to the long-term growth of BlastOff.
BlastOff is launching at a relatively low market cap. Hence, we’re hoping to catch some multipliers with its $OFF token.
How to Participate in Enjinstarter Follow the IDO guide. Try to stake more $EJS for a higher token sale allocation. For staking tier benefits, refer to the guide here.
Disclaimer The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
In this article, we’re going to talk about Edu3Labs and its upcoming IDO launches. In a few days, it’ll be launching on Enjinstarter, followed by GameFi.
What Is Edu3Labs? Edu3Labs is a platform that combines blockchain and education. With the Edu3Labs platform, token holders, learners and content creators can all come together for mutual benefit. On top of that, Edu3Labs strives to make learning fun and engaging for everyone.
To do this, the platform leverages A.I. and Web3 technologies. On top of that, Edu3Labs leverages the Study-to-Earn model. In short, content creators can monetize the content they put up on the platform. Students can also earn rewards by completing courses and quizzes. All of these tie in together to make learning immersive and personalized.
🚀 Achievements Unlocked! 🌟@Edu3Labs' journey so far:
👥 15,000+ Users
📚 5,000+ Courses
🌍 Reached 34+ Countries
💰 Over 500,000 Transactions
🎨 Supported by 2,000+ Content Creators
👀 Welcomed 2,000,000+ Unique Visitors
💬 Growing Community: 13,000+ Members on Discord
🐦… pic.twitter.com/ZVKcCFOz3B
— ENJINSTARTER (@enjinstarter) February 22, 2024
Key Metrics and Token Generation Event (TGE) Details IDO Platforms: EnjinStarter and GameFi Website: https://www.edu3labs.com/ Twitter: https://twitter.com/edu3labs Launch date: Register Interest Period: EnjinStarter: 3AM UTC, 28 Feb 2024 to 3AM UTC, 1 Mar 2024 GameFi (Whitelist Phase): Ongoing IDO: EnjinStarter: 4 Mar 2024 GameFi: 4 Mar 2024 to 5 Mar 2024 IDO Price: $0.03 GAP round: EnjinStarter: 9AM UTC, 4 Mar 2024 to 9AM UTC, 5 Mar 2024 FCFS round: EnjinStarter: 1PM UTC, 5 Mar 2024 to 1PM UTC, 6 Mar 2024 Initial Supply: 7,500,000 $NFE Total Supply: 900,000,000 $NFE Initial Market Cap: $225,000 Total Raise: $2,500,000 Vesting: 15% unlock at TGE, then 1 month cliff monthly and 4 months linear vesting EnjinStarter: 3-day Optional Refund, GameFi: Refund Available
Why Will We Participate in the Edu3Labs IDO? One, the $NFE token has good utility within the platform. It can be used for:
Access to exclusive content and lessons Discounts on courses and content Discounts on commission fees for NFEs trading on the marketplace Staking for rewards and access Access to Edu3Labs’ in-built launchpad Access to award-winning educational competitions Access to events held on Edu3Verse Access to networking events All of which are targeted to grow the Edu3Labs ecosystem.
Two, aside from its token, Edu3Labs has got other revenue streams as well. The platform intends to charge a small fee on various transactions, to sustain the platform. These include:
Fees on staking deposits and withdrawals Fees on transactions of educational content Fees for entry to quizzes and competitions Advertising revenue, and so forth Edu3Labs is launching at a relatively low market cap. With that, we’re looking forward to catching some multipliers with its $NFE token.
How to Participate in Enjinstarter Follow the IDO guide. Try to stake more $EJS for a higher token sale allocation. For staking tier benefits, refer to the guide here. How to Participate in GameFi Try to stake more $GAFI for a higher token sale allocation. For the IGO guide and staking tier benefits, refer to the link here.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
It is with great excitement that we announce the launch of a giftbox campaign with staking provider P2P and delta neutral stablecoin protocol Resolv, a RWA platform from 18th Dec 2025, 11 AM UTC to 7th Jan 2026, 9 AM UTC.The campaign will provide exclusive benefits for SafePal users in the form of 332770 $RESOLV, the native utility and governance token of the Resolv ecosystem.
More about Resolv: Resolv is a delta-neutral stablecoin protocol that converts ETH and BTC into hedged, market-neutral collateral. It issues USR, a USD-pegged asset engineered for stability, while RLP operates as the insurance layer absorbing collateral and funding-rate volatility. Resolv delivers risk-managed, market-neutral returns with full on-chain transparency and self-custody.
$USR is Resolv’s prime USD asset:
- Backed by diversified crypto collateral
- Protected by $100M+ dedicated risk-absorption layer (RLP)
- Every reserve and position verifiable on-chain
Staked USR is the yield-bearing version, giving access to returns generated by Resolv’s delta-neutral strategies.
Learn more about USR at: https://docs.resolv.xyz/litepaper/overview/usr
More about P2P: P2P.org is a leading non-custodial staking and digital asset infrastructure provider, securing over $10B in assets across 50+ networks.
Through P2P.org, users can allocate USDC, USDT, or DAI directly to trusted DeFi protocols while keeping full control of their funds.
P2P.org’s platform also connects users to staking and restaking opportunities across major PoS ecosystems — all in one place.
To get started, download the latest version of the SafePal App here and visit the Questhub section to participate and learn more.
Giftbox Tasks and Rewards: Reward Pool: 332,770 $RESOLV
Slots: 50 raffle winners for participants who complete the following tasks:
Make a minimum deposit of 100 USDC/USDT (ERC20) or more and stake in the USR Vault into Resolv protocol on P2P.org stablecoins yield app via the depositing page with a SafePal wallet for over 7 days.
Upon depositing USDC/USDT (ERC20), it will be automatically converted into USR stablecoin and allocated to the stUSR vault. Please refer to the process flow here.
Rewards will be distributed across 50 raffle winners in the following tiers as shown in the breakdown below:
How to earn Raffle Tickets Ticket Calculation: Total Tickets = (Base Tickets × Final Snapshot Multiplier) + Bonus Tickets
Base Tickets: The sum of all daily tickets throughout the campaign equals your Base Tickets.
Activation Condition: Base tickets start accumulating only after you meet the "Continuous 7-Day Holding ≥ 100 USDC/USDT (ERC20)" requirement above.
Daily Tickets Calculation: From the first snapshot after qualification, tickets are calculated daily based on your snapshot balance: Daily Tickets = ⌊Balance÷ 100⌋ (rounded down). The daily balance snapshot will be taken at 08:59:59 AM UTC each day
Example: A snapshot balance of 450 U yields 4 tickets.
Final Snapshot Multiplier: At campaign end, your Base Tickets receive a one-time multiplier based on your final snapshot balance (This multiplier applies only to Base Tickets.)
Winners will be reviewed and announced within 5 business days after the campaign ends. Each wallet address can make multiple deposits.
Bonus Tickets can also be stacked for the following users that meet all eligibility criteria with final snapshot balance is ≥ 100 USDC/USDT (ERC20):
(Bonus tickets are fixed and are NOT multiplied by the Final Multiplier.)
Winner Selection & Reward Distribution - Winners will be selected via a random draw where the probability of winning is proportional to your Total Ticket count (more tickets = higher chance).
- Each eligible address can win only once.
- The winner will be reviewed and announced within 5 business days after the campaign ends.
- Each wallet address can make multiple deposits.
FAQs Q1: How can I deposit 100 USDC/USDT (ERC20) in the Resolv protocol on P2P.org?
To qualify for the raffle, please deposit on the P2P.org depositing page using your SafePal wallet (only deposit via this link count). Follow the guide here for detailed steps.
Q2: Which assets can I deposit to participate in this campaign?
Only USDC/USDT on Ethereum is eligible.
Click here to learn how to get them via swap with SafePal. Gas fees and trading fees will be applied when completing the task.
Q3: Can I participate if I've deposited previously?
1: No, you must use a SafePal wallet address that has not previously been deposited in the Resolv protocol on P2P.org. If you have an existing deposit, please use a new wallet address to qualify.
2: Previous deposits in other protocols on P2P.org do not qualify.
3: Previous deposits on the official Resolv website do not qualify. Please use your SafePal wallet to join via the P2P.org depositing page.
Q4: If I make an additional deposit, do I need to wait another 7 days?
No, once you've completed the initial 7‑day continuous holding ≥ 100 USDC/USDT (ERC20) requirement, any additional deposits will increase your balance in the daily snapshots and automatically boost your daily ticket earnings. The daily balance snapshot will be taken at 08:59:59 AM UTC each day.
Q5: What happens if I make a withdrawal during the campaign?
Withdrawals will reduce your balance and lower your daily tickets, and if your balance < 100 USDC/USDT (ERC20), it will break your continuous holding record and all previously accumulated tickets will be reset. You will need to redeposit and maintain ≥ 100 USDC/USDT (ERC20) for 7 consecutive days again to resume earning base tickets.
If your deposit balance < 100 USDC/USDT (ERC20) in the campaign's final snapshot, all your tickets will be invalidated and disqualified from the draw.
Q6: How do I earn Bonus Tickets? Are they stackable?
Yes, Bonus Tickets are stackable. To add and check your SFPlus Points, please refer to here
Q7: How can I check the rewards?
1: Announcement & Distribution: Winners will be reviewed and announced within 5 business days after the campaign ends. $RESOLV (ERC20) rewards will be distributed to the participating wallet address.
2: How to Check: Use the same wallet to check the 'Redeem Center' on Questhub.
Q8: How can I ask for assistance?
For any questions or problems regarding this activity, please go to the SafePal Discord community and raise your enquiries in the #WHO-AND-EVENTS channel here.
Full Disclaimer: Activity RulesSafePal, P2P.org and Resolv reserve the right to disqualify participants that are deemed to be spammers or illegally bulk-registered accounts, as well as activities that display attributes of exploitation or market manipulation.
SafePal reserves the right to cancel or amend any activity or activity rules at our sole discretion.
Not Investment Advice
This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you.
Cryptocurrency investment is subject to high market risks. Please invest cautiously. SafePal will not be responsible for any investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities.
Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Non-Endorsement
The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal.
Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.
About SafePal:
Founded in 2018, SafePal is a next generation non-custodial crypto wallet suite backed by Animoca Brands, Binance and Superscrypt. The suite empowers access to decentralized and centralized finance on 200+ blockchains across its hardware, software, and browser extension wallet solutions.
Encompassing a diverse mix of crypto asset management solutions like cross-chain swapping, trading and yielding tools, centralized exchange (CEX) mini programs, a banking gateway and Mastercard for users — SafePal serves over 25 million users globally across 200+ regions and countries in 16 languages.SFP is a decentralized BEP-20 and ERC-20 token fuelling the SafePal ecosystem with various utilities such as discounts on SafePal products, staking boost and airdrop rewards, seamless conversion to gas tokens, and more.
