[PRESS RELEASE – London, United Kingdom, November 27th, 2024]
Innovative platform enables businesses to deploy tailored, scalable and integrated blockchain networks with ease and efficiency in as little as two weeks.
Aventus, a leader in enterprise blockchain technology and parachain on Polkadot, today announces the launch of its Blockchain Factory: a platform designed to help businesses deploy bespoke blockchain networks with advanced features and seamless integration into existing systems.
The Blockchain Factory aims to make blockchain adoption more accessible, offering a streamlined, flexible solution for organisations exploring the potential of Web3 technologies including blockchain and tokenisation.
Designed to meet the diverse needs of medium to large enterprises, the Blockchain Factory offers a range of advanced capabilities:
Streamlined deployment: Custom blockchain networks can be set up within two weeks using automated processes alongside custom configurations for specific requirements. Scalability and reliability: Networks support up to 20 operational nodes and 50,000 light nodes, providing enhanced decentralisation and security. Enhanced network integrity: A dynamic consensus mechanism ensures all nodes contribute to the network’s decentralisation and utility. Custom tokenisation and rewards: Capabilities for each network to issue its own token, and reward systems to encourage network participation. Interoperability: Enable bridging of tokens to Ethereum with a user-friendly front-end. User accessibility: Developer-friendly features, including a Gateway API and blockchain explorer, ensure seamless integration and usability. The Blockchain Factory ensures networks are not only easy to deploy but also practical to maintain, providing businesses with the necessary user-friendly tools, including a white-label wallet, an intuitive API, and a blockchain explorer, all designed to make blockchain accessible to both developers and end-users.
Aventus Services – the commercial arm of the Aventus ecosystem – will also offer advisory services for scoping, as well as dedicated support for integration, testing, and post-deployment optimisation for the blockchain networks, which will be deployed as layer 3 (L3) appchains on the Aventus Network.
For not only the Aventus Network but for the broader Polkadot ecosystem, Aventus L3 appchains contribute significantly to driving network utility and increasing transaction volumes. Additionally, each appchain will pay ongoing token reward fees into the Aventus Network community treasury, further enhancing its sustainability.
Alan Vey, Founder of Aventus Network and CEO of Aventus Services, highlights the importance of lowering barriers to blockchain adoption: “The Blockchain Factory represents a significant step forward in making blockchain technology practical and achievable for businesses. By offering a fast, tailored, and scalable approach, we empower organisations to focus on their goals while benefiting from the security and flexibility of blockchain. At Aventus, our mission is to remove the complexity from blockchain adoption, ensuring businesses of all sizes can unlock its full potential with confidence and ease.”
About Aventus
Aventus is an enterprise blockchain solution provider dedicated to delivering secure, scalable, and user-friendly blockchain technology. With a focus on operational excellence and a commitment to adding value, Aventus empowers businesses to leverage blockchain for long-term growth and value creation. Founded in 2020, Aventus offers production-ready, end-to-end Blockchain-as-a-Service software that is modular, scalable, and interoperable, enabling clients to respond to rapidly evolving market opportunities.
Innovative platform enables businesses to deploy tailored, scalable and integrated blockchain networks with ease and efficiency in as little as two weeks. Aventus – a leader in enterprise blockchain technology and parachain on Polkadot – today announces the launch of its Blockchain Factory – a platform designed to help businesses deploy bespoke blockchain networks with advanced features and seamless integration into existing systems.
The Blockchain Factory aims to make blockchain adoption more accessible, offering a streamlined, flexible solution for organizations exploring the potential of Web 3.0 technologies including blockchain and tokenization.
Designed to meet the diverse needs of medium-to-large enterprises, the Blockchain Factory offers a range of advanced capabilities, including the following.
Streamlined deployment – Custom blockchain networks can be set up within two weeks using automated processes alongside custom configurations for specific requirements. Scalability and reliability – Networks support up to 20 operational nodes and 50,000 light nodes, providing enhanced decentralization and security. Enhanced network integrity – A dynamic consensus mechanism ensures all nodes contribute to the network’s decentralization and utility. Custom tokenization and rewards – Capabilities for each network to issue its own token, and reward systems to encourage network participation. Interoperability – Enable bridging of tokens to Ethereum with a user-friendly front end. User accessibility – Developer-friendly features, including a Gateway API and blockchain explorer, ensure seamless integration and usability. The Blockchain Factory ensures networks are not only easy to deploy but also practical to maintain, providing businesses with the necessary user-friendly tools – including a white-label wallet, an intuitive API and a blockchain explorer – all designed to make blockchain accessible to both developers and end users.
Aventus Services – the commercial arm of the Aventus ecosystem – will also offer advisory services for scoping, as well as dedicated support for integration, testing and post-deployment optimization for the blockchain networks, which will be deployed as layer-three appchains on the Aventus Network.
For not only the Aventus Network but for the broader Polkadot ecosystem, Aventus layer-three appchains contribute significantly to driving network utility and increasing transaction volumes.
Additionally, each appchain will pay ongoing token reward fees into the Aventus Network community treasury, further enhancing its sustainability.
Highlighting the importance of lowering barriers to blockchain adoption, Alan Vey, founder of Aventus Network and CEO of Aventus Services, said,
“The Blockchain Factory represents a significant step forward in making blockchain technology practical and achievable for businesses.
“By offering a fast, tailored and scalable approach, we empower organizations to focus on their goals while benefiting from the security and flexibility of blockchain.
“At Aventus, our mission is to remove the complexity from blockchain adoption, ensuring businesses of all sizes can unlock its full potential with confidence and ease.”
About Aventus Aventus is an enterprise blockchain solution provider dedicated to delivering secure, scalable and user-friendly blockchain technology.
With a focus on operational excellence and a commitment to adding value, Aventus empowers businesses to leverage blockchain for long-term growth and value creation.
Founded in 2020, Aventus offers production-ready, end-to-end BaaS (blockchain-as-a-service) software that is modular, scalable and interoperable, enabling clients to respond to rapidly evolving market opportunities.
[PRESS RELEASE – London, United Kingdom, February 4th, 2025]
Truth Network has launched as a decentralized verification network, operating as an appchain on the enterprise-focused Aventus Network, a Polkadot parachain.
In response to the growing challenge of misinformation, Truth Network aims to set a new standard for verifiable trust. As a fully decentralized prediction market ecosystem, it ensures fair and transparent market outcomes, leveraging blockchain technology to provide a trustless verification system.
The Web3-powered prediction market launches as an appchain on the Aventus Network, leveraging the security, scalability, and interoperability of the wider Polkadot ecosystem.
While prediction markets have long been a powerful tool for aggregating knowledge, traditional systems are limited by centralization, manipulation, and opaque decision-making. Truth Network solves these problems by enabling a completely decentralized verification model, where thousands of independent nodes validate market outcomes, ensuring that the results are fair, transparent, and immutable.
The Truth Network operates as a fully decentralized ecosystem, supported by key contributors who bring expertise and innovation to the network:
Aventus: The blockchain technology provider powering the Truth Network with secure, scalable, and enterprise-grade solutions. Aventus ensures the network’s technical foundation is robust and capable of handling high volumes of activity. Galactic: The commercial partner of the Truth Network, responsible for driving adoption and creating prediction markets that engage users and showcase the network’s full potential. Galactic bridges the gap between cutting-edge blockchain technology and real-world applications. Blockchain Factory: The sales and infrastructure partner ensuring the efficient operation of Truth’s vast node network. Blockchain Factory oversees the onboarding and distribution of this decentralized architecture. Polkadot: The foundational blockchain layer unerpinning the ecosystem, ensuring seamless interoperability and future-proof scalability. Via Galactic, several major media powerhouses are already preparing to integrate with the platform, leveraging its decentralized verification system to bring unprecedented transparency to their audiences. These partnerships will enable media organizations to access real-time, tamper-proof data secured by Truth, positioning themselves as leaders in the creation of a new gold standard for verifiable, decentralized truth, while driving hundreds of millions of monthly users to the network.
Stuart Stott, CEO of Galactic, the commercial hub of Truth, comments: “In a world where misinformation spreads like wildfire, the need for verifiable outcomes has never been greater. Media, businesses, and individuals need truth they can trust.
Galactic empowers brands to capitalize on their audience’s opinions and reward their expertise through integrated prediction markets – all powered by Truth as the decentralized verification network, ensuring fairness and transparency, enabling real-time insights, and incentivizing invaluable engagement between media powerhouses and their audiences.”
Alan Vey, Founder of Aventus Network, Truth’s blockchain technology partner, adds: “Truth Network is tackling one of the most critical challenges of our time — establishing trust in an age of misinformation. To achieve this, we’ve ensured that Truth Network is not only built for large-scale media adoption but is designed for compliance with global regulatory frameworks. This is exactly what blockchain was built for: bringing fairness, transparency, and trust to global markets.”
Chad Barron, CEO of Blockchain Factory, adds: With a network of up to 50,000 individual nodes, Truth is designed to ensure that predictions, outcomes, and market results are independently verified and immune to manipulation. It is the pinnacle of everything Web3 stands for: decentralization, community, and transparency.”
About Truth Network Truth Network is a decentralized verification network designed to bring fairness and transparency to digital markets. Designed to be compliant with US and CFTC regulations, Truth powers a trustless prediction market ecosystem where independent nodes validate outcomes.
With key partners like Aventus, Galactic, and Blockchain Factory, Truth Network is setting a new standard for verifiable, tamper-proof data, empowering businesses, media, and individuals with a reliable source of truth.
For more information, users can visit: https://truth-network.io/
The entire reserve of PUSH tokens held on WazirX was stolen following the recent security breach, resulting in the theft of over $230 million in digital assets. The hack, which occurred on July 18, 2024, has sent shockwaves through the crypto community and led to a significant drop in the value of affected tokens.
Per Push Protocol, the developer of the PUSH token, the exploiter, sold 100% of the PUSH token reserves belonging to WazirX users. This massive sell-off contributed to a 48% decline in PUSH token value. The stolen PUSH tokens have been traced to an Ethereum address identified by Push Protocol. As of press time, PUSH has recovered to 23% to $0.099, resulting in a net 34% decline since yesterday.
Harsh, the founder of Push Protocol, provided an exclusive comment to CryptoSlate, stating, “We are currently communicating with the WazirX team to see what can be the plan of action,” indicating that efforts are underway to address the situation and potentially mitigate the impact on affected users.
WazirX took immediate action in response to the hack, temporarily suspending all deposits and withdrawals to prevent further losses. The exchange has also launched a bounty program offering up to $23 million for information leading to the recovery of the stolen funds.
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ZachXBT has suggested that the hack may be linked to North Korean actors based on similarities in the types of services used and transactional behavior observed in past attacks attributed to North Korean hackers.
Push Protocol has a circulating supply of 60 million tokens. Harsh commented,
“100% user reserves on the exploited exchange (Wazirx) was sold. Remaining 55M stays with the community and with other exchanges, users, investors, etc.”
The entity behind the WazirX exploit has liquidated a good portion of its ill-gotten gains, which analysts have noted has had a major impact on some prices.
Alex Svanevik, CEO of blockchain analytics firm Nansen, pointed out on Twitter that the entity behind the hack of Indian exchange WazirX—suggested to be a North Korean hacking group—became the top Uniswap (UNI) seller. Nansen data for UNI shows that the address in question has sold $859,514 worth of the token over the last seven days.
The @WazirXIndia Exploiter is back on the move...
In the past hour, they've moved 21.16b $BOB ($800k) and some smaller holdings that have also been sold. And a further 6.7m $CHR ($1.6m), was sent to a separate address and was sold a few minutes ago
This is after the… pic.twitter.com/L0zPf8Id0O
— Nansen 🧭 (@nansen_ai) July 22, 2024
Similarly, the presumed North Korean hacker group also topped the sale charts for Chainlink (LINK) and The Sandbox (SAND). Nansen data shows that the hacker sold over $2.77 million of Chainlink and $1.6 million of SAND over the last seven days.
Later, the firm's main account sent a tweet saying that there's now only $5 million worth of funds left in the exploiter's wallet. The remainder is mostly comprised of Celer Network (CELR), Ooki (OOKI), and Frontier (FRONT).
Market reacts to WazirX hacker's sellingDespite this, according to CoinMarketCap data, Chainlink is trading at $14.16 after seeing a 2.57% gain over the last seven days. Similarly, The Sandbox is trading at $0.3371 after seeing 3.61% worth of gains over the last seven days. Uniswap is trading at $7.91 after trading in the red for most of the last seven days—even before the hack—and lost 6.1% over the last seven days.
The same cannot be said about Push Protocol (PUSH). The token has dropped 24% over both the last seven days and 32% in the last 24 hours. It's now trading at $0.1027 after rebounding 28% from its $0.08022 low reported earlier on Monday. Nansen data shows that the WazirX hacker wallet sold $529,167 worth of PUSH over the last da—with the next top seller only having sold $11,133, highlighting the low liquidity.
Push Protocol and The Sandbox 24-hour price chart. Source: CoinMarketCapPush Protocol & The Sandbox 24-hour price chart. | Source: CoinMarketCap
The difference in impact is to be largely attributed to the different levels of liquidity. Push Protocol has a market cap of under $6.2 million and a 24-hour volume of under $4.9 million as of press time.
Hi Push Community
As you may know, WazirX exchange has been the victim of a hack that exposed several coins, and unfortunately, PUSH as well. We have traced them to this address: https://t.co/NA2ObL7eM6 exploiter of the exchange has sold 100% of the reserve of PUSH tokens… pic.twitter.com/m43ec4TrME
Chainlink has a market cap of nearly $8.6 billion and a volume of over $421 million, whereas The Sandbox has $767 million and $69 million respectively. Uniswap has a market cap of $4.74 billion and a volume of nearly $158 million.
Edited by Stacy Elliott.
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Push Protocol has announced the launch of Push Chain, a layer 1 blockchain that connects chains and integrates communication protocols with on-chain transactions.
The platform's architecture supports interactions across EVM and non-EVM ecosystems, allowing developers to access wallet states from distinct networks without relying on fragmented infrastructure. Transactions can be executed from any chain, and the chain's approach includes consumer-focused features intended to smooth user experiences through wallet and fee abstraction while parallel validators and dynamic sharding address throughput demands.
Push Chain introduces consumer transactions that add flexibility for builders, enabling applications to function as universal hubs across networks. The result is an environment where developers can create shared-state smart contracts that read wallet data from disparate chains.
Push Protocol—formerly known as EPNS—previously focused on delivering notifications and chat functionalities to decentralized applications and wallets. With this launch, those established communication protocols become integrated at the chain level, turning interactions into on-chain transactions that can accrue value. The chain's architecture, along with sub-second finality, suggests a scalable foundation for various use cases, including social platforms, gaming, finance, and cross-chain NFT trading.
The introduction of blockchain-agnostic wallet addresses and Push ID technology supports more direct interoperability. This design enables multiple wallets across different chains to consolidate under a single decentralized identifier.
Push Protocol previously expanded its presence beyond Ethereum to other networks, including BNB Chain, enhancing its reach. The new chain's rollout will proceed in phases, beginning with consumer-centric applications, then interoperability layers, and finally, universal smart contracts and shared-state capabilities. This structured approach appears aligned with the objective of scaling to meet complex demands in the web3 environment.
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Push Chain's integration of notification and chat protocols into the core infrastructure indicates a shift from traditional communication layers to on-chain environments that treat messaging as data-rich transactions.
The chain's compatibility with on-chain AI agents and applications may also open pathways to more advanced functionalities spanning multiple domains. Developer resources, including a whitepaper, explorer tools, and simulation environments, are now available, and Push Chain is live on devnet.
The team plans an incentivized testnet and additional documentation, aiming to provide builders with a toolkit to develop applications accessible from any supported chain.
Key NotesWeb3 communications protocol Push is launching its native Layer-1 chain.The new chain is designed as a Proof-of-Stake chain with core developer tools.It is out in Devnet with mainnet expected next year. Web3-native communications startup Push Protocol is working on launching its Layer-1 blockchain, dubbed the Push Chain. As reported by The Block, it plans to develop the L1 to focus on chain abstraction and building Web3 applications with multichain accessibility. Ultimately, the Push Protocol will address the challenges of fragmented user experiences and scalability issues with the Push Chain.
Push Chain will introduce groundbreaking features to achieve these goals, such as the ability to do any chain transactions. It also plans to introduce a new model called Consumer transactions. Other features expected to come with the chain are wallet and gas fee abstraction, sharding, and sub-one-second transaction finality.
Push Protocol Pivots With Push Chain For a long time, the blockchain-based notifications project has operated as a communication protocol. It enables cross-chain notifications and messaging for Decentralized Applications (dApps).
This upcoming Proof-of-Stake (PoS) chain is a strategic shift from Push’s original form.
The entire notification and chat protocols will be merged into the Push Chain, turning these interactions into value-accruing transactions. The integration aims to ensure its continued status as the standard for Web3 communication while leveraging Push Chain’s scalability and innovation advantages.
Under its PoS consensus algorithm, the Push Chain will bridge EVM and non-EVM ecosystems.
In the long run, it will enable seamless transactions, liquidity bridging, and smart contract interoperability. According to a spokesperson for the project, the team “worked on building notification nodes for years and completed their implementation in January 2024.”
“It was during this journey that we realized our efforts to scale, unify web3, and enable seamless onboarding for an exceptional consumer experience could evolve into something far more impactful,” the Push spokesperson added.
Push Chain Plans For Phased Launch As part of its benefits, the Push Chain will serve as a common settlement layer for all the L1s and L2s.
If this is achieved, the resulting “universal smart contracts” will offer developers or users access to the state of a wallet on another chain. The chain’s initial testnet would be phased out, starting with the first in mid-January 2025. The mainnet will follow later in the year.
For now, the Chain is live on devnet. It includes tools and resources for developers, such as the Push Chain Whitepaper, Push Chain Knowledgebase, Push Scan Explorer, and Tx App.
The chain will pave the way for consumer-friendly apps like decentralized social platforms, gaming ecosystems, universal Decentralized Finance (DeFi), and cross-chain non-fungible token (NFT) marketplaces. By doing so, Push Chain could drive mass adoption of Web3. All the resources going into the development of the chain position it to form the infrastructure for on-chain AI.
For context, features like its shared state, fast finality, sharding, transaction payload size, and the ability to have users from any chain give Push Chain the capacity to support fast, multi-use AI use cases in Web3.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming.
Prosper, a decentralized protocol bridging Bitcoin (BTC) mining to the blockchain by providing hashrate-backed tokens representing live Bitcoin mining power, has announced that BIT Mining has made a strategic investment in its native token, PROS. In a blog announcement on Nov. 14, Prosper said the investment represents “another significant validation” of its thesis by institutional backers.
“This investment reinforces the credibility and viability of Prosper’s new strategic vision,” the investment vehicle stated.
The size of the deal was not disclosed. The latest funding comes just a week after Prosper also received an undisclosed “key investment” from Waterdrip Capital, a venture capital firm founded by Chinese blockchain-aimed entrepreneurs. At the time, Waterdrip also invested in Prosper’s PROS token. Following BIT Mining’s funding, PROS price gained 7%, soaring to $0.52.
Founded in 2021, Prosper is a decentralized protocol that leverages Bitcoin hashrate to unlock the full potential of the network by bridging institutional-grade mining power on-chain. The protocol allows PROS token holders to earn passive income through “limited-duration” staking reward campaigns.
In the future, to be eligible, PROS holders would need to engage in protocol governance by casting at least one vote every three months, either on BNB Chain (formerly Binance Smart Chain) or Ethereum.
Cayman Islands, Cayman Islands, November 14th, 2024, Chainwire
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies BIT Mining Limited (NYSE: BTCM).
Prosper’s new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate.
This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers. In addition to Prosper’s growing roster of top-tier industry partners and sophisticated financial investors (including a recently announced investment by Waterdrip Capital), Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem. This investment aligns with Prosper’s strategic direction and supports its new vision.
About BIT Mining Limited
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
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.
Cayman Islands, Cayman Islands, November 14th, 2024, Chainwire
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies BIT Mining Limited (NYSE: BTCM).
Prosper’s new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate.
This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers. In addition to Prosper’s growing roster of top-tier industry partners and sophisticated financial investors (including a recently announced investment by Waterdrip Capital), Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem. This investment aligns with Prosper’s strategic direction and supports its new vision.
About BIT Mining Limited
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
[PRESS RELEASE – Cayman Islands, Cayman Islands, November 14th, 2024]
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies BIT Mining Limited (NYSE: BTCM).
Prosper’s new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate.
This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers. In addition to Prosper’s growing roster of top-tier industry partners and sophisticated financial investors (including a recently announced investment by Waterdrip Capital), Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem. This investment aligns with Prosper’s strategic direction and supports its new vision.
About BIT Mining Limited
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to unlock the potential of Bitcoin fully. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
November 14, 2024 – Cayman Islands, Cayman Islands
Prosper – a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming – today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies BIT Mining Limited (NYSE: BTCM). Prosper’s new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community.
As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate.
This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers.
In addition to Prosper’s growing roster of top-tier industry partners and sophisticated financial investors – including a recently announced investment by Waterdrip Capital – Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem.
This investment aligns with Prosper’s strategic direction and supports its new vision.
About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation and mining machine manufacturing.
The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem.
Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing.
The company also owns seven-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners.
About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to fully unlock the potential of Bitcoin.
For more information, users can visit the website or follow on X.
George Town, Cayman Islands, November 15th, 2024, Chainwire
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers through its brand Antminer.
Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational standards for $PROS token holders. The first batch of hashrate under this agreement is expected to come online throughout November via Antpool’s mining pool platform and accessible via Prosper’s v1 web app.
Earlier this quarter, Prosper announced a pivot in its strategic direction to focus on Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an agreement with BITMAIN to enhance execution quality for its miners and $PROS token holders. This also highlights Prosper’s value proposition as the only Web3 Bitcoin mining project that has secured multiple top-notch industry players as key service providers.
About BITMAIN
Since its foundation in 2013, BITMAIN is the world’s leading manufacturer of digital currency mining servers through its brand ANTMINER, which has long maintained a global market share and leading position in technology, serving customers across over 100 countries and regions. The company’s R&D center is situated in Singapore, and it has multiple branches and subsidiaries across the globe, including but not limited to Hong Kong, the United States, Malaysia, and the United Arab Emirates.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin’s value layers through bridging institutional-grade Bitcoin mining power on-chain, and unlocking the potential of Bitcoin through liquidity farming. For more information, users can visit prosper-fi.com or follow us on X (formerly Twitter).
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.
George Town, Cayman Islands, November 15th, 2024, Chainwire
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers through its brand Antminer.
Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational standards for $PROS token holders. The first batch of hashrate under this agreement is expected to come online throughout November via Antpool’s mining pool platform and accessible via Prosper’s v1 web app.
Earlier this quarter, Prosper announced a pivot in its strategic direction to focus on Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an agreement with BITMAIN to enhance execution quality for its miners and $PROS token holders. This also highlights Prosper’s value proposition as the only Web3 Bitcoin mining project that has secured multiple top-notch industry players as key service providers.
About BITMAIN
Since its foundation in 2013, BITMAIN is the world’s leading manufacturer of digital currency mining servers through its brand ANTMINER, which has long maintained a global market share and leading position in technology, serving customers across over 100 countries and regions. The company’s R&D center is situated in Singapore, and it has multiple branches and subsidiaries across the globe, including but not limited to Hong Kong, the United States, Malaysia, and the United Arab Emirates.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin’s value layers through bridging institutional-grade Bitcoin mining power on-chain, and unlocking the potential of Bitcoin through liquidity farming. For more information, users can visit prosper-fi.com or follow us on X (formerly Twitter).
[PRESS RELEASE – George Town, Cayman Islands, November 15th, 2024]
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers through its brand Antminer.
Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational standards for $PROS token holders. The first batch of hashrate under this agreement is expected to come online throughout November via Antpool’s mining pool platform and accessible via Prosper’s v1 web app.
Earlier this quarter, Prosper announced a pivot in its strategic direction to focus on Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an agreement with BITMAIN to enhance execution quality for its miners and $PROS token holders. This also highlights Prosper’s value proposition as the only Web3 Bitcoin mining project that has secured multiple top-notch industry players as key service providers.
About BITMAIN
Since its foundation in 2013, BITMAIN is the world’s leading manufacturer of digital currency mining servers through its brand ANTMINER, which has long maintained a global market share and leading position in technology, serving customers across over 100 countries and regions. The company’s R&D center is situated in Singapore, and it has multiple branches and subsidiaries across the globe, including but not limited to Hong Kong, the United States, Malaysia, and the United Arab Emirates.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin’s value layers through bridging institutional-grade Bitcoin mining power on-chain, and unlocking the potential of Bitcoin through liquidity farming. For more information, users can visit prosper-fi.com or follow us on X (formerly Twitter).
Prosper – a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming – today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers through its brand Antminer. Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational standards for PROS token holders.
The first batch of hashrate under this agreement is expected to come online throughout November via Antpool’s mining pool platform and accessible via Prosper’s web app.
Earlier this quarter, Prosper announced a pivot in its strategic direction to focus on Bitcoin mining and unlock Bitcoin’s potential in liquidity farming.
Prosper has entered into an agreement with BITMAIN to enhance execution quality for its miners and PROS token holders.
This also highlights Prosper’s value proposition as the only Web 3.0 Bitcoin mining project that has secured multiple top-notch industry players as key service providers.
About BITMAIN Since its foundation in 2013, BITMAIN is the world’s leading manufacturer of digital currency mining servers through its brand Antminer, which has long maintained a global market share and leading position in technology, serving customers across over 100 countries and regions.
The company’s R&D (research and development) center is situated in Singapore, and it has multiple branches and subsidiaries across the globe, including but not limited to Hong Kong, the United States, Malaysia and the United Arab Emirates.
About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin’s value layers through bridging institutional-grade Bitcoin mining power on-chain, and unlocking the potential of Bitcoin through liquidity farming.
For more information, users can visit the website or follow us on X.
Dubai, United Arab Emirates, December 13th, 2024, Chainwire
Prosper, a decentralized protocol democratizing access to Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as omnichain real-world assets (RWA), today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round.
Backed by Metalpha, Waterdrip Capital, BIT Mining, Animoca Brands, and more, Prosper has procured the new ASIC miners from BITMAIN to bring institutional-grade execution quality to its protocol Prosper aims to expand its underlying Bitcoin hashrate capacity to accelerate the flywheel of DAO-owned hashrate and Bitcoin treasury operations & democratise access to institutional-grade mining Following the announcement of Prosper’s long-term partnership and hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers, this landmark purchase marks an instrumental step in Prosper’s mission to provide institutional-grade reliability to its mining ecosystem. By leveraging BITMAIN’s cutting-edge products, Prosper enhances the value delivered to its $PROS token holders, further distinguishing itself as the premier Web3 Bitcoin mining protocol backed by leading industry players.
“Bitcoin brought about a fundamental shift in finance by democratizing an economic system in its entirety with blockchain technology. Prosper follows the footsteps of Bitcoin’s core ethos by democratizing access to Bitcoin hashrate, the underlying layer powering Bitcoin-through blockchain technology. This layer of community governance and ownership afforded by blockchain allows Prosper to scale its flywheel of both Bitcoin hashrate and treasury operations while simultaneously helping to ensure that Bitcoin mining layer is sufficiently decentralized to maintain Bitcoin’s status as the most recognized digital reserve currency. ” said Milton Lam, Prosper Advisory Council Member.
Prosper’s Latest Development
1 EH/s of hashrate procured and ready to fully go live (with 250 PH/s live on Prosper’s dApp already) Access to pipeline capacity of 170MW with the mid-term goal of adding another 5 EH/s More than 2 BTC rewards given out to $PROS holders since November Access to more than 200 BTC to be delegated by launch partners to the DAO to unlock TVL opportunities for $PROS holders Strategic Round Closure: Strengthening the Bitcoin Ecosystem
In addition to its BITMAIN partnership, Prosper announced the closure of its strategic funding round, which saw participation from prominent industry players and financial investors, including Metalpha, Waterdrip Capital, BIT Mining, and Satoshi Protocol. Earlier in October, Animoca Brands also disclosed its intention to purchase $PROS tokens from the open market.
These investments demonstrate the strong confidence in Prosper’s vision of bridging institutional-grade Bitcoin mining power on-chain and its innovative approach to Bitcoin liquidity farming. The involvement of these strategic partners brings crucial industry expertise and networks to support Prosper’s operations as it scales.
Positioning Prosper for Growth
Prosper’s tokenomics adopts a unique design to ensure hashrate-per-token will only increase and be accretive to $PROS holders. Prosper’s DAO leverages a unique flywheel model with both hashrate and Bitcoin treasury operations – all governed by and for the benefits of $PROS holders. Institutional-grade hashrate generates Bitcoin on an ongoing basis, part of which is rewarded to holders for their active participation, and remaining goes to the DAO treasury. DAO’s treasury Bitcoin can be directed towards TVL opportunities with ecosystem partners such as Bitcoin L2 to generate benefits for $PROS holders and the DAO. Growth in DAO treasury value and $PROS adoption allows the protocol to further expand underlying hashrate and enhance protocol resilience. By combining institutional-grade Bitcoin mining hashrate, a decentralized protocol design backed by strong fundamentals, and an extensive network of strategic partners, Prosper is well-positioned to solidify its status as the flagship decentralized Bitcoin mining protocol.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through tokenizing institutional-grade Bitcoin hashrate as omnichain RWA, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
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.
Dubai, United Arab Emirates, December 13th, 2024, Chainwire
Prosper, a decentralized protocol democratizing access to Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as omnichain real-world assets (RWA), today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round.
Backed by Metalpha, Waterdrip Capital, BIT Mining, Animoca Brands, and more, Prosper has procured the new ASIC miners from BITMAIN to bring institutional-grade execution quality to its protocol Prosper aims to expand its underlying Bitcoin hashrate capacity to accelerate the flywheel of DAO-owned hashrate and Bitcoin treasury operations & democratise access to institutional-grade mining Following the announcement of Prosper’s long-term partnership and hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers, this landmark purchase marks an instrumental step in Prosper’s mission to provide institutional-grade reliability to its mining ecosystem. By leveraging BITMAIN’s cutting-edge products, Prosper enhances the value delivered to its $PROS token holders, further distinguishing itself as the premier Web3 Bitcoin mining protocol backed by leading industry players.
“Bitcoin brought about a fundamental shift in finance by democratizing an economic system in its entirety with blockchain technology. Prosper follows the footsteps of Bitcoin’s core ethos by democratizing access to Bitcoin hashrate, the underlying layer powering Bitcoin-through blockchain technology. This layer of community governance and ownership afforded by blockchain allows Prosper to scale its flywheel of both Bitcoin hashrate and treasury operations while simultaneously helping to ensure that Bitcoin mining layer is sufficiently decentralized to maintain Bitcoin’s status as the most recognized digital reserve currency. ” said Milton Lam, Prosper Advisory Council Member.
Prosper’s Latest Development
1 EH/s of hashrate procured and ready to fully go live (with 250 PH/s live on Prosper’s dApp already) Access to pipeline capacity of 170MW with the mid-term goal of adding another 5 EH/s More than 2 BTC rewards given out to $PROS holders since November Access to more than 200 BTC to be delegated by launch partners to the DAO to unlock TVL opportunities for $PROS holders Strategic Round Closure: Strengthening the Bitcoin Ecosystem
In addition to its BITMAIN partnership, Prosper announced the closure of its strategic funding round, which saw participation from prominent industry players and financial investors, including Metalpha, Waterdrip Capital, BIT Mining, and Satoshi Protocol. Earlier in October, Animoca Brands also disclosed its intention to purchase $PROS tokens from the open market.
These investments demonstrate the strong confidence in Prosper’s vision of bridging institutional-grade Bitcoin mining power on-chain and its innovative approach to Bitcoin liquidity farming. The involvement of these strategic partners brings crucial industry expertise and networks to support Prosper’s operations as it scales.
Positioning Prosper for Growth
Prosper’s tokenomics adopts a unique design to ensure hashrate-per-token will only increase and be accretive to $PROS holders. Prosper’s DAO leverages a unique flywheel model with both hashrate and Bitcoin treasury operations – all governed by and for the benefits of $PROS holders. Institutional-grade hashrate generates Bitcoin on an ongoing basis, part of which is rewarded to holders for their active participation, and remaining goes to the DAO treasury. DAO’s treasury Bitcoin can be directed towards TVL opportunities with ecosystem partners such as Bitcoin L2 to generate benefits for $PROS holders and the DAO. Growth in DAO treasury value and $PROS adoption allows the protocol to further expand underlying hashrate and enhance protocol resilience. By combining institutional-grade Bitcoin mining hashrate, a decentralized protocol design backed by strong fundamentals, and an extensive network of strategic partners, Prosper is well-positioned to solidify its status as the flagship decentralized Bitcoin mining protocol.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through tokenizing institutional-grade Bitcoin hashrate as omnichain RWA, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
Prosper – a decentralized protocol democratizing access to Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as omnichain RWAs (real-world assets) – today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round. Backed by Metalpha, Waterdrip Capital, BIT Mining, Animoca Brands and more, Prosper has procured the new ASIC miners from BITMAIN to bring institutional-grade execution quality to its protocol.
Prosper aims to expand its underlying Bitcoin hashrate capacity to accelerate the flywheel of DAO-owned hashrate and Bitcoin treasury operations and democratize access to institutional-grade mining.
Following the announcement of Prosper’s long-term partnership and hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers, this landmark purchase marks an instrumental step in Prosper’s mission to provide institutional-grade reliability to its mining ecosystem.
By leveraging BITMAIN’s cutting-edge products, Prosper enhances the value delivered to its PROS token holders, further distinguishing itself as the premier Web 3.0 Bitcoin mining protocol backed by leading industry players.
Milton Lam, advisory council member for Prosper, said,
“Bitcoin brought about a fundamental shift in finance by democratizing an economic system in its entirety with blockchain technology.
“Prosper follows the footsteps of Bitcoin’s core ethos by democratizing access to Bitcoin hashrate, the underlying layer powering Bitcoin – through blockchain technology.
“This layer of community governance and ownership afforded by blockchain allows Prosper to scale its flywheel of both Bitcoin hashrate and treasury operations while simultaneously helping to ensure that Bitcoin mining layer is sufficiently decentralized to maintain Bitcoin’s status as the most recognized digital reserve currency.”
Prosper’s latest development 1 EH/s of hashrate procured and ready to fully go live – with 250 PH/s live on Prosper’s DApp already Access to pipeline capacity of 170MW with the mid-term goal of adding another 5 EH/s More than two BTC rewards given out to PROS holders since November 2024 Access to more than 200 BTC to be delegated by launch partners to the DAO to unlock TVL (total value locked) opportunities for PROS holders Strategic round closure – Strengthening the Bitcoin ecosystem In addition to its BITMAIN partnership, Prosper announced the closure of its strategic funding round, which saw participation from prominent industry players and financial investors, including Metalpha, Waterdrip Capital, BIT Mining and Satoshi Protocol.
Earlier in October, Animoca Brands also disclosed its intention to purchase PROS tokens from the open market.
These investments demonstrate the strong confidence in Prosper’s vision of bridging institutional-grade Bitcoin mining power on-chain and its innovative approach to Bitcoin liquidity farming.
The involvement of these strategic partners brings crucial industry expertise and networks to support Prosper’s operations as it scales.
Positioning Prosper for growth Prosper’s tokenomics adopts a unique design to ensure hashrate-per-token will only increase and be accretive to PROS holders. Prosper’s DAO leverages a unique flywheel model with both hashrate and Bitcoin treasury operations – all governed by and for the benefits of PROS holders. Institutional-grade hashrate generates Bitcoin on an ongoing basis, part of which is rewarded to holders for their active participation, and the remaining goes to the DAO treasury. DAO’s treasury Bitcoin can be directed towards TVL opportunities with ecosystem partners such as Bitcoin layer-two to generate benefits for PROS holders and the DAO. Growth in DAO treasury value and PROS adoption allows the protocol to further expand underlying hashrate and enhance protocol resilience. By combining institutional-grade Bitcoin mining hashrate, a decentralized protocol design backed by strong fundamentals and an extensive network of strategic partners, Prosper is well-positioned to solidify its status as the flagship decentralized Bitcoin mining protocol.
About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through tokenizing institutional-grade Bitcoin hashrate as omnichain RWA, and aims to fully unlock the potential of Bitcoin.
For more information, users can visit the website or follow on X.
[PRESS RELEASE – Dubai, United Arab Emirates, December 13th, 2024]
Prosper, a decentralized protocol democratizing access to Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as omnichain real-world assets (RWA), today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round.
Backed by Metalpha, Waterdrip Capital, BIT Mining, Animoca Brands, and more, Prosper has procured the new ASIC miners from BITMAIN to bring institutional-grade execution quality to its protocol Prosper aims to expand its underlying Bitcoin hashrate capacity to accelerate the flywheel of DAO-owned hashrate and Bitcoin treasury operations & democratise access to institutional-grade mining Following the announcement of Prosper’s long-term partnership and hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers, this landmark purchase marks an instrumental step in Prosper’s mission to provide institutional-grade reliability to its mining ecosystem. By leveraging BITMAIN’s cutting-edge products, Prosper enhances the value delivered to its $PROS token holders, further distinguishing itself as the premier Web3 Bitcoin mining protocol backed by leading industry players.
“Bitcoin brought about a fundamental shift in finance by democratizing an economic system in its entirety with blockchain technology. Prosper follows the footsteps of Bitcoin’s core ethos by democratizing access to Bitcoin hashrate, the underlying layer powering Bitcoin-through blockchain technology. This layer of community governance and ownership afforded by blockchain allows Prosper to scale its flywheel of both Bitcoin hashrate and treasury operations while simultaneously helping to ensure that Bitcoin mining layer is sufficiently decentralized to maintain Bitcoin’s status as the most recognized digital reserve currency. ” said Milton Lam, Prosper Advisory Council Member.
Prosper’s Latest Development
1 EH/s of hashrate procured and ready to fully go live (with 250 PH/s live on Prosper’s dApp already) Access to pipeline capacity of 170MW with the mid-term goal of adding another 5 EH/s More than 2 BTC rewards given out to $PROS holders since November Access to more than 200 BTC to be delegated by launch partners to the DAO to unlock TVL opportunities for $PROS holders Strategic Round Closure: Strengthening the Bitcoin Ecosystem
In addition to its BITMAIN partnership, Prosper announced the closure of its strategic funding round, which saw participation from prominent industry players and financial investors, including Metalpha, Waterdrip Capital, BIT Mining, and Satoshi Protocol. Earlier in October, Animoca Brands also disclosed its intention to purchase $PROS tokens from the open market.
These investments demonstrate the strong confidence in Prosper’s vision of bridging institutional-grade Bitcoin mining power on-chain and its innovative approach to Bitcoin liquidity farming. The involvement of these strategic partners brings crucial industry expertise and networks to support Prosper’s operations as it scales.
Positioning Prosper for Growth
Prosper’s tokenomics adopts a unique design to ensure hashrate-per-token will only increase and be accretive to $PROS holders. Prosper’s DAO leverages a unique flywheel model with both hashrate and Bitcoin treasury operations – all governed by and for the benefits of $PROS holders. Institutional-grade hashrate generates Bitcoin on an ongoing basis, part of which is rewarded to holders for their active participation, and remaining goes to the DAO treasury. DAO’s treasury Bitcoin can be directed towards TVL opportunities with ecosystem partners such as Bitcoin L2 to generate benefits for $PROS holders and the DAO. Growth in DAO treasury value and $PROS adoption allows the protocol to further expand underlying hashrate and enhance protocol resilience. By combining institutional-grade Bitcoin mining hashrate, a decentralized protocol design backed by strong fundamentals, and an extensive network of strategic partners, Prosper is well-positioned to solidify its status as the flagship decentralized Bitcoin mining protocol.
About Prosper
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through tokenizing institutional-grade Bitcoin hashrate as omnichain RWA, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
As a leading force in the cryptocurrency market, WEEX Exchange is poised to significantly elevate its ecosystem with the introduction of its exclusive proprietary token, the WEEX Token (WXT), scheduled for release this upcoming summer.
What is WEEX: Introduction Table of Contents
What is WEEX: IntroductionIntroducing WEEX Token WXT: The Token at the Heart of WEEXDynamic Incentive MechanismWXT’s Technological Assurance: Audit and SecurityExclusive Benefits for WXT HoldersWEEX WXT Supply and DistributionExclusive Holder BenefitsHow to Get WEEX Token WXT?Looking Ahead: WEEX and WXT’s Impact on Crypto TradingContact Since its establishment in 2018, WEEX has rapidly emerged as a leading force in the cryptocurrency exchange domain, offering robust, intuitive, and comprehensive trading solutions. Boasting over 2 million users worldwide, WEEX provides an extensive array of trading options, including spot and futures trading, along with innovative features such as copy trading. This positions WEEX as an all-in-one platform, enabling seamless transactions across a wide variety of digital assets.
Introducing WEEX Token WXT: The Token at the Heart of WEEX In its continuous effort to enhance platform utility and user engagement, WEEX has introduced WXT, the token of the WEEX ecosystem, operating under the ERC-20 standard on the Ethereum blockchain. WEEX Token (WXT) is designed as the cornerstone of the WEEX ecosystem, serving as a dynamic incentive mechanism to reward the partners, contributors, pioneers, and active members of the WEEX exchange community. WXT is not merely a token, but a foundational element designed to enrich the community engagement and reward system within the WEEX exchange.
Dynamic Incentive Mechanism WEEX WXT stands as a dynamic incentive, acknowledging and rewarding the contributions and active participation of the WEEX community members. This innovative approach is set to transform interactions within the platform, ensuring that contributions and engagement are duly recognized and rewarded.
WXT’s Technological Assurance: Audit and Security The security and integrity of WXT hold paramount importance. A comprehensive audit by BEOSIN, a leading Web3.0 smart contract audit firm, has affirmed the WXT smart contract’s robustness, network security, and risk management protocols, guaranteeing its safety and scalability for broader adoption.
Exclusive Benefits for WXT Holders Holding WXT opens the door to a plethora of exclusive benefits designed to enrich the trading experience on WEEX：
Futures Fee Discounts: Holders enjoy a 20% discount on trading fees with Futures Pro. Referral Bonuses: An enhanced commission rate for those who bring new traders to the platform. Copy Trader Benefits: Additional profit-sharing for those participating in copy trading. Exclusive Interest Benefits: Opportunities to earn additional interest and rewards. Exclusive Airdrop Rewards: Access to unique airdrops and promotional rewards. WEEX WXT Supply and Distribution
WEEX WXT has a total supply of 10 billion, with an initial circulation of 3.9 billion. The distribution and release schedule for WXT are as follows:
Investor Protection Fund: 1.5 billion WEEX WXT (15%) are reserved to compensate users for losses not caused by their own fault, ensuring secure and worry-free trading.
WXT Ecosystem Fund: 1.5 billion WEEX WXT (15%) dedicated to supporting project incubation, aiding the growth of startups, and promoting Web3 technological innovation.
Private Sale: 500 million WEEX WXT (5%), locked for one year with a linear monthly release post-lockup, to reward WEEX exchange partners for their growth and shared success with the platform.
Holding Incentives: 1.5 billion WEEX WXT (15%), releasing 3% annually over five years, to reward investors for holding WXT, staking, and mining, recognizing their contributions to the WXT ecosystem and network.
The remaining 5 billion WEEX WXT (50%) support the ongoing development of the WEEX exchange ecosystem, including:
Team Incentives: 2 billion WEEX WXT (20%), locked for one year, with 2% released every six months over five years, to attract and retain top talent in the Web3 industry and motivate the team to achieve WEEX’s key objectives and long-term strategic goals.
User Acquisition and Retention: 1.5 billion WEEX WXT (15%), releasing 3% annually over five years, to ensure user growth and achieve key milestones in market expansion.
Brand Building/KOL Partnerships: 1.5 billion WEEX WXT (15%), releasing 3% annually over five years, for brand development alliances and partnerships with top KOLs in the Web3 industry, enhancing the visibility and transparency of WEEX and WXT.
Exclusive Holder Benefits
To achieve ecosystem incentives and share development benefits with the community, WXT has been crafted as a utility token with a wide range of planned uses and empowerment mechanisms:
– Launchpad: Holding WXT grants access to exclusive airdrops from projects considered promising by the WEEX WXT team.
– Exclusive Holder Benefits: These include discounts on trading fees on the WEEX platform, higher commission rebates, VIP privileges for holding certain amounts of WXT, greater profit-sharing ratios for lead traders, earning interest on held WEEX WXT, exclusive airdrops from marquee projects, and voting rights in coin listings.
– Deflationary Mechanism: WEEX Exchange will opportunistically initiate a WXT buyback and destruction program.
How to Get WEEX Token WXT?
The WXT presale is available exclusively to affiliates of WEEX, and will include a limited-time discount for participating members. [Users can apply to become a WEEX Affiliate here]
Other users can earn WXT through new user registrations, transaction mining, and participation in many of the upcoming WEEX events and activities.
Looking Ahead: WEEX and WXT’s Impact on Crypto Trading With the launch of WXT, WEEX is not just releasing a token; it’s enhancing its ecosystem to provide even more value to its loyal users. The WEEX WXT team is optimistic that this initiative will attract a broader audience, fostering greater community engagement and solidifying WEEX’s position as a major competitor in the crypto exchange landscape.
WEEX is integrating WXT to introduce new features to crypto trading, aiming to provide a token that facilitates trade and rewards participation and loyalty within the platform.
For more information and regular updates on WXT and other offerings, traders and crypto enthusiasts are encouraged to visit the official WEEX website. As the launch date approaches, the crypto community anticipates how WXT will shape the future of trading on WEEX.
About WEEX
WEEX stands out as a trailblazing cryptocurrency exchange, founded in 2018, and is celebrated for its security-focused approach and user-friendly trading platform. Licensed by both the US and Canadian MSBs, WEEX operates within strict regulatory frameworks, presenting traders with an extensive array of coins and trading pairs. This includes Spot 116 and Futures Pro 176, with more than 5 new pairs being listed daily. As a security-focused and user-friendly cryptocurrency futures trading platform, WEEX is devoted to enhancing the trading journey, offering a range of services designed to suit traders at all levels. Among these services are low-fee futures trading, zero-fee spot trading, and the option to use up to 200X leverage on derivatives. The platform’s steadfast commitment to user safety and its position as a versatile choice for traders globally in the ever-evolving cryptocurrency market solidify its reputation as a leading exchange.
Users can sign up for a WEEX account here: https://www.weex.com/register
Users can visit WEEX Official Website: https://www.weex.com/
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.
[PRESS RELEASE – Singapore, Singapore, April 23rd, 2024]
As a leading force in the cryptocurrency market, WEEX Exchange is poised to significantly elevate its ecosystem with the introduction of its exclusive proprietary token, the WEEX Token (WXT), scheduled for release this upcoming summer.
What is WEEX: Introduction Since its establishment in 2018, WEEX has rapidly emerged as a leading force in the cryptocurrency exchange domain, offering robust, intuitive, and comprehensive trading solutions. Boasting over 2 million users worldwide, WEEX provides an extensive array of trading options, including spot and futures trading, along with innovative features such as copy trading. This positions WEEX as an all-in-one platform, enabling seamless transactions across a wide variety of digital assets.
Introducing WEEX Token WXT: The Token at the Heart of WEEX In its continuous effort to enhance platform utility and user engagement, WEEX has introduced WXT, the token of the WEEX ecosystem, operating under the ERC-20 standard on the Ethereum blockchain. WEEX Token (WXT) is designed as the cornerstone of the WEEX ecosystem, serving as a dynamic incentive mechanism to reward the partners, contributors, pioneers, and active members of the WEEX exchange community. WXT is not merely a token, but a foundational element designed to enrich the community engagement and reward system within the WEEX exchange.
Dynamic Incentive Mechanism WEEX WXT stands as a dynamic incentive, acknowledging and rewarding the contributions and active participation of the WEEX community members. This innovative approach is set to transform interactions within the platform, ensuring that contributions and engagement are duly recognized and rewarded.
WXT’s Technological Assurance: Audit and Security The security and integrity of WXT hold paramount importance. A comprehensive audit by BEOSIN, a leading Web3.0 smart contract audit firm, has affirmed the WXT smart contract’s robustness, network security, and risk management protocols, guaranteeing its safety and scalability for broader adoption.
Exclusive Benefits for WXT Holders Holding WXT opens the door to a plethora of exclusive benefits designed to enrich the trading experience on WEEX：
Futures Fee Discounts: Holders enjoy a 20% discount on trading fees with Futures Pro. Referral Bonuses: An enhanced commission rate for those who bring new traders to the platform. Copy Trader Benefits: Additional profit-sharing for those participating in copy trading. Exclusive Interest Benefits: Opportunities to earn additional interest and rewards. Exclusive Airdrop Rewards: Access to unique airdrops and promotional rewards. WEEX WXT Supply and Distribution
WEEX WXT has a total supply of 10 billion, with an initial circulation of 3.9 billion. The distribution and release schedule for WXT are as follows:
Investor Protection Fund: 1.5 billion WEEX WXT (15%) are reserved to compensate users for losses not caused by their own fault, ensuring secure and worry-free trading.
WXT Ecosystem Fund: 1.5 billion WEEX WXT (15%) dedicated to supporting project incubation, aiding the growth of startups, and promoting Web3 technological innovation.
Private Sale: 500 million WEEX WXT (5%), locked for one year with a linear monthly release post-lockup, to reward WEEX exchange partners for their growth and shared success with the platform.
Holding Incentives: 1.5 billion WEEX WXT (15%), releasing 3% annually over five years, to reward investors for holding WXT, staking, and mining, recognizing their contributions to the WXT ecosystem and network.
The remaining 5 billion WEEX WXT (50%) support the ongoing development of the WEEX exchange ecosystem, including:
Team Incentives: 2 billion WEEX WXT (20%), locked for one year, with 2% released every six months over five years, to attract and retain top talent in the Web3 industry and motivate the team to achieve WEEX’s key objectives and long-term strategic goals.
User Acquisition and Retention: 1.5 billion WEEX WXT (15%), releasing 3% annually over five years, to ensure user growth and achieve key milestones in market expansion.
Brand Building/KOL Partnerships: 1.5 billion WEEX WXT (15%), releasing 3% annually over five years, for brand development alliances and partnerships with top KOLs in the Web3 industry, enhancing the visibility and transparency of WEEX and WXT.
Exclusive Holder Benefits
To achieve ecosystem incentives and share development benefits with the community, WXT has been crafted as a utility token with a wide range of planned uses and empowerment mechanisms:
– Launchpad: Holding WXT grants access to exclusive airdrops from projects considered promising by the WEEX WXT team.
– Exclusive Holder Benefits: These include discounts on trading fees on the WEEX platform, higher commission rebates, VIP privileges for holding certain amounts of WXT, greater profit-sharing ratios for lead traders, earning interest on held WEEX WXT, exclusive airdrops from marquee projects, and voting rights in coin listings.
– Deflationary Mechanism: WEEX Exchange will opportunistically initiate a WXT buyback and destruction program.
How to Get WEEX Token WXT?
The WXT presale is available exclusively to affiliates of WEEX, and will include a limited-time discount for participating members. [Users can apply to become a WEEX Affiliate here]
Other users can earn WXT through new user registrations, transaction mining, and participation in many of the upcoming WEEX events and activities.
Looking Ahead: WEEX and WXT’s Impact on Crypto Trading With the launch of WXT, WEEX is not just releasing a token; it’s enhancing its ecosystem to provide even more value to its loyal users. The WEEX WXT team is optimistic that this initiative will attract a broader audience, fostering greater community engagement and solidifying WEEX’s position as a major competitor in the crypto exchange landscape.
WEEX is integrating WXT to introduce new features to crypto trading, aiming to provide a token that facilitates trade and rewards participation and loyalty within the platform.
For more information and regular updates on WXT and other offerings, traders and crypto enthusiasts are encouraged to visit the official WEEX website. As the launch date approaches, the crypto community anticipates how WXT will shape the future of trading on WEEX.
About WEEX WEEX stands out as a trailblazing cryptocurrency exchange, founded in 2018, and is celebrated for its security-focused approach and user-friendly trading platform. Licensed by both the US and Canadian MSBs, WEEX operates within strict regulatory frameworks, presenting traders with an extensive array of coins and trading pairs. This includes Spot 116 and Futures Pro 176, with more than 5 new pairs being listed daily. As a security-focused and user-friendly cryptocurrency futures trading platform, WEEX is devoted to enhancing the trading journey, offering a range of services designed to suit traders at all levels. Among these services are low-fee futures trading, zero-fee spot trading, and the option to use up to 200X leverage on derivatives. The platform’s steadfast commitment to user safety and its position as a versatile choice for traders globally in the ever-evolving cryptocurrency market solidify its reputation as a leading exchange.
Users can sign up for a WEEX account here: https://www.weex.com/register
Users can visit WEEX Official Website: https://www.weex.com/
Crypto traders are no longer relying on random social media hype to find the next breakout token.
The market is shifting toward AI-powered tools that can track narratives, monitor wallets, and identify momentum before retail crowds arrive. That is one reason MemeToro ($MT) is gaining attention as a best crypto presale in 2026.
As the memecoin sector grows more competitive, traders want platforms that combine intelligence, automation, and speed. MemeToro ($MT) was designed around that demand. The platform brings AI-driven memecoin creation, trading tools, prediction markets, staking, and social rewards into one ecosystem.
Many analysts now call MemeToro a top crypto presale because it turns live market data into actionable opportunities. With the rise of AI agents across BNB Chain, MemeToro is positioning itself as a next big crypto presale before broader exchange attention arrives.
Why AI Trend Intelligence Matters in Modern Memecoin Trading Memecoin trading moves fast. Narratives can appear and disappear within hours, which makes manual research difficult for average users. MemeToro solves that issue with an AI agent designed to analyze on-chain data streams, social activity, and emerging token behavior in real time.
Instead of forcing traders to jump between dashboards and tracking tools, MemeToro combines everything in one interface. Users can discover new memecoins, monitor trends, trade directly on BNB Chain, and interact with prediction markets without leaving the platform.
This simplified experience is helping MemeToro build momentum as a high potential presale crypto. The platform is not trying to become another ordinary memecoin. It is building infrastructure around the entire memecoin economy.
What Makes MemeToro Different From Other AI Memecoin Projects? Many AI crypto projects focus only on analytics. MemeToro expands beyond that idea by combining AI launches, trading, rewards, and engagement systems into a complete ecosystem.
Here are some features attracting attention:
AI-powered memecoin creation with fair-launch mechanics Built-in trading system connected to PancakeSwap liquidity Prediction markets for crypto, sports, and market narratives Up to 35% APR staking rewards for long-term holders News discovery hub for trending opportunities Community rewards for trading, sharing, and participation This ecosystem creates multiple use cases for $MT. Traders can speculate, creators can launch tokens, and passive holders can earn staking rewards.
MemeToro’s BNB Chain Advantage Is Hard to Ignore BNB Chain continues expanding rapidly in 2026. The network recently crossed over 150,000 AI agents while developer activity climbed more than 21% year over year. Faster transactions and lower fees are helping BNB Chain dominate memecoin activity.
MemeToro benefits directly from that environment. Its trading infrastructure was built around speed, low slippage, and accessibility. That gives the platform a strong foundation compared to Ethereum-based alternatives with higher fees.
Projects like Test Token, Floki, and BabyDoge continue showing how powerful the BNB Chain memecoin ecosystem has become. MemeToro aims to add AI automation and real-time intelligence to that growing market.
A Simpler Way to Join the MemeToro Presale One reason MemeToro is appearing on best presale crypto watchlists is its low-friction onboarding process. Users do not need advanced DeFi knowledge to participate.
The buying process follows three steps. First, users visit the MemeToro website and select the buy page. Next, they connect MetaMask, Trust Wallet, or WalletConnect. Finally, they purchase $MT using USDC or supported cryptocurrencies.
The current presale price sits at $0.00230 per token. Since presale stages increase gradually, many traders see early positioning as an opportunity before exchange listings and broader adoption.
$MT Presale Summary The memecoin market is evolving beyond simple speculation. Traders now want AI tools, automated discovery systems, and ecosystems that reward participation. MemeToro ($MT) is positioning itself at the center of that transition.
Its combination of AI-powered memecoin launches, integrated trading, staking rewards, prediction markets, and community incentives gives it broader utility than many emerging projects. That is why MemeToro continues gaining recognition as a top crypto presale heading deeper into 2026.
As more traders search for the next big altcoin, projects with real infrastructure and strong user engagement may stand out from short-term hype cycles. MemeToro’s focus on automation, accessibility, and community growth could make it one of the most talked-about AI memecoin ecosystems of the year.
TLDR; DOGE trades at $0.089 with a $15.14B market cap and over $1.29B in daily trading volume as of June 4. SHIB’s Shibarium is set to receive a Fully Homomorphic Encryption upgrade from Zama by June 30, 2026. House of Doge launched the Such app beta on May 25, marking DOGE’s clearest move toward merchant utility. Regulators classified DOGE as a digital commodity under a joint SEC and CFTC framework in March 2026. Shiba Inu vs Dogecoin remains one of the most debated comparisons in the memecoin market. As of June 4, 2026, DOGE trades at approximately $0.087 with a market cap near $15.14 billion.
SHIB sits at $0.000005010 with a market cap of around $2.9 billion. Both coins have dropped well below their 2021 highs.
Neither has posted strong performance this year, but their development paths have grown notably distinct.
Different Foundations Drive Different Capabilities Dogecoin runs on an independent blockchain using Proof of Work consensus. It was built for peer-to-peer payments, with a block time of roughly one minute.
The network has no smart contracts, no DeFi layer, and no token burn mechanism. That simplicity has been both its strength and its limitation over the years.
Shiba Inu, by contrast, is an ERC-20 token on Ethereum, launched in August 2020. It inherits smart contract capabilities from the start.
The ecosystem includes BONE for governance, LEASH as a supply-capped token, and ShibaSwap as a decentralized exchange. These components give SHIB a DeFi presence that DOGE does not currently match.
On tokenomics, the two coins also sit at opposite ends. Dogecoin has an unlimited supply, with roughly 10,000 new DOGE mined every minute.
Approximately 154.5 billion DOGE are in circulation as of June 2026. SHIB launched with one quadrillion tokens, and ongoing burns have reduced circulating supply to around 589.2 trillion.
DOGE leads on liquidity, with 24-hour trading volume above $1.29 billion. It ranks near #10 globally by market cap. SHIB has slipped to around #34 on CoinGecko.
Both coins are down significantly from their all-time highs, with DOGE more than 87% below its 2021 peak.
Infrastructure Upgrades Shape Each Coin’s Road Ahead Dogecoin development has picked up in 2026. On May 25, House of Doge launched the “Such” app beta alongside Brag House Holdings.
The app includes a self-custodial wallet and a merchant feature called “Hustles” for accepting DOGE payments directly. It marks the clearest step toward real-world utility the coin has seen.
In March 2026, regulators officially classified DOGE as a digital commodity under a joint SEC and CFTC framework. That classification gives Dogecoin more regulatory certainty than most memecoins currently hold.
A ZK-rollup Layer-2 proposal is also in early stages, which could eventually bring smart contract support to Dogecoin for the first time.
Elon Musk’s continued public references to DOGE as a potential payment method at Tesla and SpaceX sustain short-term market attention. However, no confirmed integrations have been announced to date.
Shibarium, SHIB’s Layer-2 blockchain, completed a full backend overhaul in March 2026. The upgrade included a server migration, chain re-index, and a shift to decentralized RPC endpoints.
Block times on Shibarium hold at around five seconds. The network is also expanding into Layer-3 territory, with early-stage projects already running on its Puppynet testnet.
The most closely watched item is a Fully Homomorphic Encryption upgrade from cryptography firm Zama, confirmed for Shibarium by June 30, 2026. Shiba Inu executive Lucie has publicly confirmed the timeline.
FHE would allow smart contracts to process transactions on encrypted data without exposing any underlying information.
That directly addresses the structural weakness exposed during a September 2025 flash-loan attack that drained approximately $4 million from the network.
BERT, the ticker for Bertram the Pomeranian, is a Solana-based memecoin that launched on Pumpfun and has since built a working AI platform, a sold-out NFT collection, and a staking protocol on top of its original meme identity.
As of early June 2026, BERT trades at roughly $0.013 to $0.017 depending on the exchange, with a market cap in the range of $13 million to $17 million and a circulating supply close to 967 million tokens. Its contract address on Solana is HgBRWfYxEfvPhtqkaeymCQtHCrKE46qQ43pKe8HCpump. That suffix, "HCpump," confirms its origin on the Pumpfun launchpad.
Who Is Bertram the Pomeranian?Bertram is a real chocolate Pomeranian owned by New York art gallery owner Kathy Grayson. He was abandoned by a breeder at five months old for being "too big to sell," rescued from an Oklahoma shelter, and eventually built an Instagram following of over 400,000 people under the handle @bertiebertthepom. He went viral after Grayson dressed him in a Paddington Bear costume, which led to international morning show appearances and editorial shoots for publications including PAPER Magazine.
It is important to be clear about one thing before going further: the BERT token has no official connection to Grayson or Bertram. CoinGecko states directly that the coin "is not connected to the original dog or its owner" and "has no intrinsic value." The token was created by a separate team that does, however, hold exclusive commercial IP rights to the Bertram character, which matters for the merchandise and licensing side of the project.
How Did BERT Start on Pump.fun?Pumpfun is a Solana-based token launchpad where anyone can deploy a token in minutes with no coding required. Tokens launch through an automated bonding curve, a pricing mechanism where early buyers push the price upward as they buy in. Once a token crosses a liquidity threshold on that curve, it migrates automatically to Raydium, Solana's primary decentralized exchange (DEX), for open trading.
BERT's story on Pump.fun has an unusual wrinkle. The token was initially launched and then abandoned by its original developer, leaving it dormant on the platform.
The community stepped in, adopted the project, and rebuilt it from there. This kind of community takeover is rare on Pumpfun, where the overwhelming majority of tokens simply go to zero. Platform data shows roughly 98.5% of Pump.fun tokens never complete their bonding curve. BERT completing that curve, migrating to Raydium, and eventually reaching centralized exchange listings puts it among a very small group of tokens that survived the launchpad.
The community revival is part of why BERT developed its charitable framing. A dog that had been abandoned and rescued, turned into a token that had been abandoned and rescued, became the project's core identity narrative.
What Does BERT Actually Build?This is where BERT diverges from most Pumpfun tokens, which are pure speculation with no product behind them. BERT has three active components worth understanding separately.
Woofhub is a live AI-powered pet care platform at Woofhub(.)com. It is built for regular pet owners, not crypto users, which is intentional. Features currently live include an AI pet assistant, bark translation tools, lost-dog alerts, pet adoption discovery, and on-chain pet profiles that create digital identities for individual animals.
The platform is designed to connect to NFC-enabled smart dog collar tags for health and location tracking. NFC, or Near Field Communication, is the same short-range wireless technology used in contactless payment cards. The smart tags were confirmed to be entering bulk production in mid-2025, though a confirmed retail launch date had not been announced as of late March 2026.
The NFT Collection consists of 3,333 pieces that sold out entirely. These NFTs function as community membership tokens rather than standalone art, and holders can stake them alongside BERT tokens in the project's staking protocol.
The Staking Protocol lets holders lock up both BERT tokens and NFTs to earn yield. The platform operates five staking pools with annual percentage rates (APR) ranging from 5% to 20%, depending on lock duration and pool type. APR here means the annualized return a staker earns on locked tokens, before accounting for price volatility. As of March 2, 2026, over 88 million BERT tokens were staked across the protocol.
On the charitable side, the project has donated over five tonnes of dog food to animal shelters worldwide. This is verified through branded partnerships, not just stated in marketing copy.
What Are BERT's Tokenomics?BERT is an SPL token, which is the standard token format on Solana, equivalent to what ERC-20 is on Ethereum. The maximum supply is 979.95 million tokens, with approximately 967 million currently in circulation. Because nearly the entire supply is already circulating, there is little risk of significant future dilution from new token issuance.
Three market makers are allocated 1% of total supply specifically to support liquidity. This allocation is designed to reduce slippage during trades, the difference between the expected price and the actual execution price when buying or selling, and to make larger trades more practical without destabilizing the market. The project's smart contracts have been audited by Hacken, a Web3 security firm that publishes public audit reports.
The project also holds exclusive commercial IP rights to the Bertram character. In practical terms, this means the team can legally produce and sell merchandise under the Bertram brand, including the plushies currently in manufacturing, without licensing disputes. Most memecoins using recognizable characters do not have this kind of legal foundation.
Where Can You Buy BERT?BERT trades on several exchanges. On the decentralized side, Raydium is the primary market, where it trades as BERT/SOL. On centralized exchanges, Gate carries the highest-volume pair, BERT/USDT. KuCoin and BloFin also list BERT for spot trading, and Kraken has added the token with notable activity. A new exchange listing was announced by the project's official account in late March 2026, though the specific platform was not named at the time.
The major update came on June 4, when Binance US announced the listing of BERT.
Worth noting, BERT carries the risks that come with any Pumpfun-origin memecoin, plus a few specific to its structure.
On the platform side, Pump.fun is currently facing a $5.5 billion class-action lawsuit filed in January 2025. The complaint alleges the platform facilitated insider advantages during token launches and operated as an "unlicensed casino." The lawsuit names Pump.fun's operators alongside Solana Labs, the Solana Foundation, and Jito Labs. None of the allegations have been proven in court, but the legal proceedings add uncertainty to the broader Pump.fun ecosystem.
On the token side, BERT's price is highly sensitive to overall memecoin sentiment, which can reverse quickly and without warning. Market cap in the $13 million to $17 million range puts BERT in low-cap territory, where thin liquidity can amplify price swings in both directions.
ConclusionBERT (Bertram the Pomeranian) is a Pump.fun-origin Solana memecoin that was rescued by its community after its original developer abandoned it, then rebuilt into a project with a working AI platform (Woofhub), a fully sold-out NFT collection of 3,333 pieces, a live staking protocol with five yield pools, and over five tonnes of verified charitable food donations.
The team holds commercial IP rights to the Bertram character, the smart contracts have been audited by Hacken, and the token trades on both Solana DEXes and several centralized exchanges including Binance US, Gate, KuCoin, BloFin, and Kraken. As of early June 2026, BERT trades between roughly $0.013 and $0.017 with a market cap of $13 million to $17 million across data sources, and sits approximately 93% below its all-time high of $0.1886. It remains a high-risk speculative asset in a sector where most tokens fail entirely.
ResourcesCoinGecko – Bertram The Pomeranian (BERT) Price & Market Data – Live price, circulating supply, all-time high/low, and exchange listings for BERTCoinMarketCap – BERT Price and Project Description – Project overview, staking details, and trading volumeCoinMarketCap AI – What Is BERT? – Detailed breakdown of Woofhub, NFT collection, and March 2026 staking dataCoinMarketCap AI – BERT Latest Updates – Community engagement metrics, smart tag production update, and late March 2026 exchange listing announcementCoinMarketCap AI – BERT Price Prediction and Market Analysis – IP rights analysis, market maker allocation, and memecoin volatility contextSolflare – BERT Token Page – Contract address verification and wallet trading optionsKuCoin – BERT Price and Circulating Supply – May 2026 price, supply, and market cap dataBybit – BERT Price Page – May 2026 market cap and 24-hour trading rangePhemex – BERT Live Price – Real-time price and market cap dataHacken – Bertram The Pomeranian Audit – Security audit report for the BERT smart contractWhiteBIT Blog – BERT: Where Memes Meet Real Utility in Web3 – Woofhub feature breakdown, NFT staking pools, and APR rangesCryptonomist – BERT Price Prediction September 2025 – Community takeover origin story and August 2025 price peak contextBitcoin.com Markets – BERT Token Info – Project background and Pump.fun developer abandonment confirmationDecrypt – What Is Pump.fun? – Pump.fun launchpad mechanics and bonding curve explanationLBank – In-Depth Look at Pump.fun – Platform statistics including the 98.5% token failure rateCryptoTimes – Advancing Pump.fun Lawsuit Puts Solana Under Legal Spotlight – Class-action lawsuit details and Solana network legal risk context
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Memecoin activity stays strong as Dogecoin, MemeCore, and Little Pepe draw investor attention in 2026.
Summary
Little Pepe is promoting itself as a meme-focused Layer-2 blockchain project, with its presale reportedly reaching Stage 13 and raising over $28 million. The project highlights planned exchange listings, ecosystem development, and a meme-centric blockchain as key differentiators from established meme coins such as Dogecoin and Pepe. Claims of future gains, including projections of 1,200% returns, remain speculative and depend on factors such as adoption, market conditions, liquidity, and successful execution of the project’s roadmap. There is no time for the memecoin market to rest, is there? Having had an eventful start to 2026, a few memecoins have managed to remain relevant, but one particular presale has gone unnoticed, producing all the hype that made us fall in love with meme coins to begin with.
Dogecoin has found itself navigating the concept of X Money. At the same time, MemeCore has begun to redefine the entire meaning behind meme coins, but for now, let us talk about Little Pepe (LILPEPE), which finds itself at Stage 13 in its presale, showing potential for gains of up to 1,200% from its current price of $0.0022. Here’s a proper breakdown of the four coins worth watching right now.
Little Pepe: The meme chain built to hit 1,200% Little Pepe doesn’t just try to replicate Pepe and compete in its shadow. This protocol creates a whole new Layer 2 blockchain for memes, something very few competitors can boast. As of the time of writing, the presale is ongoing on stage 13 with the token selling at $0.0022 per token. In total, $28,248,147 has been raised, with Little Pepe raising $28,775,000 from the 17.25 billion tokens set to be sold.
The math here is compelling. Stage 1 investors who got in at $0.001 are already sitting on a 120% paper gain heading into the confirmed listing price of $0.0030. Investors joining now at Stage 13’s $0.0022 still lock in a 36.36% gain at launch, before any post-listing price movement is factored in. Post-launch, the projected return from the lowest entry point is 1,200%. Little Pepe has secured listings on both CoinMarketCap and CoinGecko, and plans to list on two top centralized exchanges at launch.
Dogecoin: Still the OG, and $0.50 is still on the table Dogecoin (DOGE) is currently trading at approximately $0.082-$0.10. The SEC/CFTC classification of DOGE as a commodity has facilitated its listing on Nasdaq. X Money’s beta release in April has driven DOGE’s price up by 10%, and Deutsche Bank predicts DOGE will appreciate to $0.50 once X Money incorporates its 586 million users. Analysts expect DOGE to trade between $0.12 and $0.22 by 2026.
MemeCore: The meme 2.0 chain doing real infrastructure work MemeCore (M) hit an all-time high of $4.82 in April 2026 after a hard fork on March 25 slashed gas fees by 100x and introduced account abstraction, triggering a 26.5% surge over seven days. As of now, M is priced at roughly $2.67-$3.04, with a market capitalization of roughly $3.8-$4.0 billion and standing around #23-28 on CoinMarketCap. The Memex no-code platform allows token creation without coding, while the LIFT Ecofund supports new projects that use its blockchain technology.
Pudgy Penguins: The NFT-backed meme with a community that won’t quit Pudgy Penguins (PENGU) is in a rough patch, trading between $0.0063 and $0.0068, well below its all-time high of $0.0463 set in January 2025. Market cap sits at approximately $394–$424 million, ranking in the #80–115 range. On the surface, that looks like a story of faded hype. However, this is not reflected in the price chart: there are more than 535,000 PENGU token owners, and only 0.5% of the total is held by the top 10 token wallets. This is a very good indicator, meaning that the community is distributed.
The bottom line DOGE is the large-cap play with institutional catalysts finally aligning, and Dogecoin remains primed to hit $0.50 in 2026. MemeCore is the infrastructure bet for people who believe meme culture deserves its own chain. PENGU is the community-depth story waiting for sentiment to turn. And LILPEPE? It’s the presale opportunity that’s still technically open, though barely. With Stage 13 at 98.61% filled, a CertiK-audited contract, CMC, and CoinGecko listings already live, and a projected 1,200% return from Stage 1 baked into the tokenomics, the window to get in before launch is closing fast. For investors who’ve been watching from the sidelines, this might be one of the last chances to act while the price is still $0.0022.
Join the presale on the official website, read the whitepaper, follow updates on Twitter/X, Telegram, and join the 777K giveaway.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
The cryptocurrency linked to Trump surged significantly on June 12, just days before his birthday. In 24 hours, this memecoin soared by more than 25%, while the crypto market was moving much more slowly. This rise draws investors’ attention as it occurs in a context mixing speculation, geopolitical news, and renewed interest in digital assets linked to political personalities.
In brief TRUMP Coin surged more than 25% in 24 hours, vastly outperforming the overall crypto market. The token trades around 2.31 dollars with a market capitalization exceeding 500 million dollars. The rise is driven by renewed speculation related to geopolitical announcements around Donald Trump and Iran. The market watches a key resistance at 2.2 dollars, whose break could open the way towards 2.5 dollars. TRUMP Coin Up More Than 25% in 24 Hours In a context of high volatility in the crypto market, the Trump token recorded a rise of more than 25% over 24 hours. At the time of writing, the TRUMP token price hovers around 2.31 dollars, confirming this upward momentum. This performance clearly contrasts with that of the overall crypto market, limited to a rise of 0.92%, highlighting a clear outperformance by the memecoin.
At the same time, the market capitalization of the Trump coin surpassed 500 million dollars. Trading volume also jumped nearly 145%, a sign of increased activity around the token. This dynamic shows that traders reacted quickly to political and geopolitical information linked to the asset.
The rise is mainly explained by a return of risk appetite. The American president indicated, in a post on Truth Social, that a potential peace agreement with Iran might be near. He stated that:
As president of the United States of America, I called off strikes and bombings planned for tonight against Iran. The discussions and final points have been approved, both in principle and in details, by all concerned parties.
Donald Trump, President of the United States of America. He also stated having canceled strikes and bombings planned against Iran, following discussions validated in principle and details by the concerned parties.
This announcement strengthened speculative demand around the Trump-linked asset. In this context, investors closely watch every statement likely to influence the token’s perception. Additionally, the movement benefited from a more favorable crypto climate, with bitcoin rising approximately 1.3%.
A Key Resistance Around 2.2 Dollars The level of 2.2 dollars now constitutes an important technical zone for the token. A clear break above this threshold, accompanied by solid volume, could open the way to a rise towards 2.5 dollars. However, the market will need to confirm this move before establishing a more sustainable trend.
The coming days could therefore remain sensitive to news around Trump and the announced discussions with Iran. If negotiations progress, market sentiment could remain favorable to more speculative assets. Conversely, a lack of progress could reduce the momentum observed since the last rise.
Finally, Trump’s birthday could also generate short-term interest around the memecoin. This type of event sometimes fuels activity on community cryptocurrencies, especially when volume is already rising sharply. However, the trajectory of Trump Coin will mainly depend on the resistance at 2.2 dollars, the maintenance of volumes, and the evolution of the geopolitical context.
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Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
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Dogecoin jumped nearly 6% after SpaceX’s spectacular debut on the Nasdaq. In a crypto market always sensitive to narratives, Elon Musk’s return to the spotlight was enough to awaken demand around DOGE.
In Brief Dogecoin gained nearly 6% after SpaceX’s historic IPO. The rise is mainly based on the Elon Musk effect and speculation. No new DOGE integration by SpaceX has been announced. Dogecoin Benefits from the SpaceX Shock Dogecoin is among the cryptos that reacted best to SpaceX’s IPO. The memecoin rose nearly 6% as investors celebrated the space company’s arrival on Nasdaq under the symbol SPCX.
SpaceX set its IPO price at 135 dollars per share. The operation raised about 75 billion dollars. The stock then opened at 150 dollars, quickly pushing the company’s market valuation above 2 trillion dollars.
This enthusiasm spilled over into crypto. However, no official announcement directly links Dogecoin to the IPO. The market simply reactivated a well-known association: whenever Elon Musk dominates the news, DOGE often returns to the radar.
The Elon Musk Effect Still Works Dogecoin maintains a special relationship with Elon Musk. The CEO of SpaceX and Tesla has supported this crypto several times, sometimes with a simple post, a joke, or an indirect reference. These interventions often triggered rapid movements.
This time, Musk did not announce a new use for the DOGE crypto. SpaceX presented neither a Dogecoin payment system nor token integration in its activities. The rise is therefore mainly based on sentiment and massive attention surrounding the entrepreneur.
The DOGE-1 mission also resurfaced in discussions. This space project, funded in Dogecoin, remains a powerful symbol for the community. Even without new confirmation, its mention strengthens the cultural link between SpaceX and the memecoin.
The movement shows how narratives can influence the crypto market. Dogecoin does not always rise due to technical evolution or measurable adoption. It often advances because a story suddenly attracts buyers.
SpaceX’s IPO combines all the necessary ingredients. It includes Elon Musk, a gigantic valuation, space conquest, and a historic session on Wall Street. For traders, the DOGE crypto then represents an indirect way to get exposure to the buzz surrounding the Musk ecosystem.
But this mechanism remains fragile. Intense attention can create strong buying pressure for a few hours. It can also disappear as soon as another topic occupies social networks. The DOGE crypto engine is powerful, but it sometimes runs without fundamental fuel.
Volatility Could Return Quickly Analysts remain cautious despite the rebound. A 6% rise can attract new buyers, especially on a highly liquid memecoin. However, it is not enough to confirm a lasting trend change.
The crypto market now watches Dogecoin’s ability to maintain the levels gained during the SpaceX excitement. Continued buying could open the way to new resistances. Conversely, quick profit-taking could erase part of the move.
The gap with the all-time high of May 2021 remains considerable. DOGE then surpassed 0.70 dollars in a context of extreme euphoria. The current situation appears more measured. The token benefits from a major event but not yet from a new wave of adoption.
The rise nonetheless confirms that Dogecoin’s narrative power has not disappeared. SpaceX has direct exposure to crypto thanks to its significant bitcoin reserves, but no DOGE appears in its IPO filing. The market is therefore buying mostly a story. The question remains how long it will hold.
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Enseignante et ingénieure IT, Lydie découvre le Bitcoin en 2022 et plonge dans l’univers des cryptomonnaies. Elle vulgarise des sujets complexes, décrypte les enjeux du Web3 et défend une vision d’un futur numérique ouvert, inclusif et décentralisé.
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TLDR: Dogecoin trades near $0.088 after rebounding from a recent sharp drop toward $0.078 level. Analysts cite a repeating triangle apex retest pattern seen in 2017 and 2020 cycles. Whale activity shows over 200 million DOGE accumulated near key support around $0.081. ETF inclusion and Musk-linked market events helped renew attention toward Dogecoin. Dogecoin remains in focus after stabilizing near key support levels, while traders monitor technical patterns that have previously preceded major price advances.
The meme-based cryptocurrency is trading around $0.088, recovering modestly after a recent decline that pushed its value from $0.113 to $0.078.
Dogecoin Technical Setup Draws Market Attention Recent market discussion has centered on a long-term chart shared by crypto analyst Trader Tardigrade. The analyst posted a monthly Heikin Ashi chart showing Dogecoin retesting the apex of a multi-year triangle formation.
In the post, Trader Tardigrade compared the current Dogecoin structure with similar setups seen in 2017 and 2020.
According to the chart, both previous cycles featured triangle compression, an apex retest, and a sharp upward move afterward. The analyst stated that Dogecoin has now completed a similar retest, describing the setup as a textbook pattern.
$Doge/monthly (Heikin Ashi)#Dogecoin just retested the apex of the triangle — and it's ready to send.
— Trader Tardigrade 🧬 (@TATrader_Alan) June 14, 2026
The chart has attracted attention because the same sequence appeared before earlier Dogecoin rallies. As a result, traders are closely watching whether Dogecoin follows the same path during the current cycle.
Meanwhile, Dogecoin has shown signs of stability after a period of heavy selling pressure. The asset rebounded from its recent low near $0.078 and continues to hold above the $0.081 support area.
Market activity has also pointed to increased accumulation. Data cited by market participants showed that large investors purchased more than 200 million Dogecoin during the first week of June.
The buying activity strengthened support near recent lows and contributed to renewed market interest in Dogecoin.
In addition, technical indicators have turned more constructive. Market charts recently flashed a Tom DeMark Sequential buy signal, a pattern that traders often associate with short-term recovery phases.
ETF Inclusion and Musk-Linked Developments Support Interest Beyond chart activity, Dogecoin has received attention from several developments across the crypto sector. One notable event involved asset manager T. Rowe Price receiving approval from the U.S. Securities and Exchange Commission for its Active Crypto ETF, trading under the ticker TKNZ.
The fund can hold up to 15 digital assets and has included Dogecoin among its selected cryptocurrencies. The addition places Dogecoin within a broader investment vehicle designed to provide exposure to multiple crypto assets.
At the same time, Dogecoin benefited from renewed market speculation following the historic SpaceX Nasdaq IPO. The public listing of SpaceX stock under the ticker SPCX reportedly contributed to a wave of buying activity across assets associated with Elon Musk.
Following the event, Dogecoin recorded a roughly 6% price increase. Traders linked the move to Musk’s growing influence in financial markets after reports identified him as the world’s first trillionaire.
Interest in Dogecoin has also extended to the mining sector. Crypto reviewers recently discussed the launch of the Nexus L1, a compact home mining device priced at about $400.
The unit uses Bitmain Antminer L9 chips and targets low-power Scrypt mining, which supports Dogecoin mining operations.
While market participants continue monitoring price action, Dogecoin remains one of the most closely watched digital assets.
Technical patterns, institutional exposure, whale accumulation, and mining developments have all kept Dogecoin at the center of market discussions.
As trading continues, investors are watching whether Dogecoin can maintain support and build further momentum from current levels.
In a groundbreaking move to enhance scalability and interoperability within the Web3 ecosystem, GMATRIXS, a GameFi platform, today entered into strategic collaboration with Plum Protocol, a meme asset platform. The partnership enabled the integration of GMATRIXS’ blockchain gaming network with Plum Protocol’s meme asset infrastructure, aiming to build an interoperable, rewarding, and sustainable multi-dimensional Web3 ecosystem, co-driven by the two decentralized networks.
GMATRIXS is a blockchain platform that aims to solve the current problem of insufficient infrastructure, providing traditional game developers with a seamless, low-barrier GameFi environment that allows them to build digital game applications with complete control and directly meet with game enthusiasts in a decentralized manner.
How GMATRIXS Improves GameFi Experience with Plum Meme With its partnership with Plum Protocol, GMATRIXS further shows commitment to building greater network interoperability to make it easier for users to experience enriched engagement in its decentralized gaming network. Plum Protocol, a meme asset platform, is recognized for its ability to allow users to transform internet narratives into structured, tradable meme tokens. With its network that is connected to the larger DeFi ecosystem, Plum serves as a decentralized platform for onboarding new Web3 users.
The above collaboration enabled GMATRIXS to integrate Plum’s meme asset architecture to introduce an innovative intersection of Web3 gaming entertainment, asset utilities, and DeFi investment capabilities. By converging its Web3 gaming applications with Plum’s meme token usage, GMATRIXS removes barriers for mainstream user participation on its GameFi platform, bearing in mind that meme assets are highly attractive to retail crypto customers.
This merger combined GMATRIXS’ GameFi platform with Plum Protocol’s meme asset network, capitalizing on Plum’s multi-chain DeFi layer to support effective scaling of Web3 gaming applications. The integration allows game developers and users on GMATRIXS to move in-game assets across DeFi chains, substantially advancing gaming experience and strengthening GMATRIXS’ position within the DeFi ecosystem.
Reshaping Web3 User Experience with Interoperability This strategic alliance is not just a short-term incorporation into the GMATRIXS’ gaming network, but a step towards establishing sustainable user experiences across multiple decentralized market sectors. The integration with Plum Protocol is set to further solidify GMATRIXS’s core competitive advantages in the Web3 landscape.
The fusion will broaden GMATRIXS’s presence in the DeFi space, enabling it to provide more choices for customers and expanding the network’s attractiveness and user participation. Together, the two platforms show dedication to building an engaging, rewarding meme asset and decentralized gaming ecosystem.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
The spectacular collapse of memecoins, which have just erased nearly all the gains made by individuals in a few weeks, brutally confirms that pure speculation hits a wall of macroeconomic reality. Long considered a symbol of financial democratization driven by internet culture, these parodic assets are undergoing an unprecedentedly violent purge, calling into question the very structure of the crypto market. Such a situation could mark the end of a cycle of irrational euphoria and forces actors in the sector to reassess the viability of protocols lacking technological fundamentals.
In brief The memecoin market is going through its most severe crisis, with more than 110 billion dollars wiped out since its historic peak in 2024. The major figures in the sector, such as Dogecoin, Shiba Inu, and PEPE, record heavy losses, confirming the exhaustion of the previous speculative cycle. Mid-cap memecoins and thematic tokens are also experiencing sharp depreciation, revealing a marked disengagement of investors. A few micro-cap coins still show spectacular performances, but these rallies remain marginal and do not influence the overall market trend. The statistical implosion of a sector at its breaking point The memecoin market is in the most economic and structural crisis it has known since its peak, materialized by losses on all fronts when considering the entire chain. Indeed, the sector has collectively lost more than 110 billion dollars since its historic peak reached in 2024. At its peak, the total value of these assets reached 135 billion dollars before the beginning of a slow unwinding of positions.
Repeated technical rebounds throughout 2025 did not stop this correction, with an additional 31% decline in the current year alone, bringing the combined value of the sector to about 24.5 billion dollars. CryptoRank analysts formalize this failure in a publication on social network X : “despite several rebounds throughout 2025, the memecoin market has failed to regain the momentum of the previous cycle.”
This macroeconomic drop is very precisely reflected in the data of the three largest historical capitalizations of this market, as shown by the data :
Dogecoin (DOGE): the historic leader of the sector maintains its position just outside the top 10 most valued cryptos worldwide with a capitalization of about 13.7 billion dollars, but suffers a 20.5% fall over the last 30 days and a drop greater than 50 % over one year ; Shiba Inu (SHIB) : the immediate market runner-up shows a nearly 14 % decrease over the same monthly period, stabilizing its total value around 3 billion dollars ; PEPE: the darling of 2024 undergoes an even more marked devaluation, standing at approximately 1.25 billion dollars after recording a collapse of over 21 % in one month and an abyssal loss of 74 % over the past twelve months. The rout of outsiders and the ordeal of thematic tokens Moving away from the giants of the sector, the collapse deepens unevenly within mid-cap assets and cryptocurrencies linked to specific movements. Flagship projects such as Bonk, Fartcoin, and Dogwifhat (WIF) have suffered significant drops, ranging from 15% to 30% over a tightened four-week period. Tokens relying on political movements or authority figures do not escape the general rule, like the Trump token (TRUMP) which also loses 12.2% in one month and now trades below the critical 2-dollar threshold.
On a one-year scale, the analysis shows divergent but structurally bearish trajectories, confirming deep disinterest from investors in secondary narratives. Bonk broadly limits the damage within the group by showing the least heavy loss at 69% over one year, while Fartcoin establishes itself as the hardest-hit asset with a collapse exceeding 89%. Certainly, a technical spike of nearly 5% occurred very short-term over the last 24 hours, but this single daily move is insufficient to reverse the major depreciation trend that threatens its long-term viability.
The paradox of micro-capitalizations and the duality of technical perspectives Contrary to this general capitulation dynamic, spectacular market anomalies persist on extremely confidential capitalizations, illustrating the volatility and asymmetry that still characterize these illiquid environments. Over 30 days, the Kintara token (KINS) jumped 2,664% and an asset called Original Doge (OGDOGE) recorded a vertical rise of 1,765%. However, these extravagant performances remain totally marginal at the sector level, as the combined market capitalization of these two assets barely skirts 20 million dollars, relegating these movements to high-risk speculative niche epiphenomena with no impact on the macroeconomic trend.
This dichotomy between the generalized collapse of prices and the graphical structure of prices raises among specialists a fundamental debate on the future prospects of this market. Dogecoin remains the ultimate indicator of this market trend, embodying more than half of the total capitalization of the memecoin sector alone, despite a drop of more than 50% in its price since its level a year ago.
Alphractal, a financial research and intelligence company, offers a nuanced technical reading in the face of a particularly degraded market sentiment dominated by pessimism, contrasting crowd psychology with the mathematical reality of price structures. In an official research note, the firm’s analysts summarize this essential divergence: “the market sees DOGE as a dead memecoin. The chart reads it as a helical spring.”
This technical analysis indicates that a historic compression zone could precede a violent return of volatility at the global level. The future of the sector will depend on the ability of these assets to evolve or regain utility beyond their simple memecoin status. Some observers predict a gradual disappearance in favor of projects endowed with real technological innovations, while supporters of a recovery believe this purge cleanses the market.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Editor’s note: The story has been updated to include a comment from a White House spokesperson.
Anthony Scaramucci, the former White House Communications Director, stated on Thursday that the alleged fraudulent practices under President Donald Trump, including his cryptocurrency ventures, will one day be held accountable.
‘There Will Be A Reckoning’In an X post, Scaramucci accused the Trump administration of enabling activities such as insider trading, questionable cryptocurrency schemes, international bribes, donor contracts, and paid pardons.
“Trump’s grift will be caught. It always gets caught,” Scaramucci said. “There will be a reckoning for all of it.”
The money manager stated that all violations and weaknesses in the system are well-documented, and should the U.S. get a “reform-based president” after 2028, they know exactly what to do.
“Trump has been so brazen about all of it that he’s inadvertently shown us exactly what needs to be fixed,” he added.
Scaramucci’s criticism of Trump is nothing new. Last month, he called for Trump’s removal, citing his mental health. He argued that institutional failures and political silence are enabling Trump’s dangerous behavior.
The “Grift” In QuestionMajor corporate donations to Trump’s ambitious ballroom project have also raised ethical questions, with a Coinbase executive acknowledging that the donation was made to maintain "good relations" with White House.
Intense scrutiny surrounds the Trump family’s cryptocurrency ventures as well, which have reportedly netted them $2.3 billion since Trump took office again.
A White House spokesperson told Benzinga that federal officials are subject to government ethics guardrails and implicating them without evidence is “baseless” and “irresponsible.”
Image via Shutterstock
Market News and Data brought to you by Benzinga APIs
While most traders would have cut losses long ago, one of crypto’s loudest meme coin promoters has sat through a decline that vaporized more than $56 million in notional value. Onchain tracking shows that Murad, the former Adaptive Capital co-founder, still holds every token from a publicly shared basket even as the portfolio’s peak valuation of $67 million last July shrank to roughly $11 million, an 83.5% plunge according to the original report.
The data puts a hard number on what has been a brutal stretch for meme coin assets that lack the liquidity and institutional backing of larger-cap tokens. Murad’s wallets remain fully transparent onchain, giving market participants a real-time view of a conviction play that has yet to produce an exit. For an influencer who once commanded outsized attention during meme coin rallies, the drawdown pulls back the curtain on how concentrated risk can unfold when narrative momentum evaporates.
A $56 Million Paper Loss Kept in Public View Murad’s onchain net worth topped out at $67 million during the speculative frenzy of mid-2025, a period when meme coins dominated trading volumes on decentralized exchanges. The holdings were linked to a list he originally shared two years ago, and the absence of any liquidation suggests a deliberate strategy—or a refusal to acknowledge a new market reality. The current $11 million valuation is not a floor but simply where the market has priced a collection of assets that many now consider deeply illiquid.
By comparison, other assets have shown life. Top weekly gainers like $TON, $SIREN, and $VVV posted double-digit surges, underscoring that capital still rotates into pockets of strength. The performance gap between those movers and Murad’s static portfolio illustrates how sector selection matters more than ever in a market where meme tokens can lose 90% of their fanbase as quickly as they gained it.
Influence, Conviction, and the Lack of an Exit Murad’s decision to hold has implications beyond his own balance sheet. Key opinion leaders (KOLs) in the meme coin space often shape retail flows by broadcasting their trades and token picks. A public figure sitting on an 83.5% unrealized loss while continuing to promote similar assets raises questions about the alignment between onchain reality and social media messaging. The wallets tell one story; the tweets may tell another.
The broader crypto development ecosystem, meanwhile, keeps building irrespective of meme coin cycles. Developer activity across top blockchains like Ethereum, BNB Chain, and Solana remains robust, with teams shipping code while speculative offshoots burn out. This split between infrastructure construction and meme token vapor is widening—and the onchain data from KOL portfolios simply makes it more visible.
What the Drawdown Signals for Memecoin Markets The 83.5% contraction in Murad’s holdings is not an isolated event. Meme coin liquidity has thinned across major pairs, and the assets that once rode social media hype cycles are now struggling to maintain even their diminished market caps. The hold-forever narrative can be persuasive during a bull run, but in a market where liquidity providers have pulled back, it can trap retail participants who follow KOL allocations without considering exit plans.
Institutional money has been less interested in such assets and more focused on infrastructure and real-world adoption. SUI surged 18% on institutional staking and a fintech partnership, a move driven by fundamentals rather than viral memes. That contrast should worry anyone who stacked a meme coin bag based on influencer conviction alone.
Whether Murad’s portfolio can recover is anyone’s guess, but onchain watchers now have a case study in the asymmetry of meme coin promotion. The public list remains in his wallet. The drawdown, for now, remains unaddressed.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
The dynamism inherent in decentralized networks sometimes manages to overcome graphical hazards to reveal the real power of conviction within a community. While the global crypto market is going through a phase of uncertainty related to persistent macroeconomic pressures, the Shiba Inu (SHIB) protocol has just crossed a historic milestone. Token allocation mechanisms in decentralized finance often serve as a powerful leading indicator, and a thorough examination of distributed ledgers reveals a growing divergence between the attraction of unique users and short-term price performance.
In brief Shiba Inu continues its expansion with 3,464 new wallets registered since the beginning of June. The memecoin now gathers 1.59 million holders and approaches a symbolic threshold of 1.6 million addresses. This growth comes as SHIB’s price remains under pressure in a context marked by macroeconomic uncertainty. On-chain data reveal a growing gap between network adoption and short-term price performance. Continued expansion of the Shiba Inu network driven by retail investor engagement The public ledgers on Etherscan attest to a steady vitality of the memecoin’s on-chain activity, illustrated by particularly explicit figures:
3,464 new unique wallets have been created on the network since the beginning of June; A total of 1,590,266 holders now possess SHIB tokens worldwide; The network is now right at the doors of the highly symbolic milestone of 1.6 million holder addresses. This performance solidifies its rank among the densest and most loyal communities in the crypto landscape. Thus, this constant flow of retail investors is all the more important as it occurs in a sector environment where most competing altcoins struggle to attract new users or even maintain their active base.
From a purely structural point of view, the continuous increase in the number of unique wallets reflects increased dispersion of circulating supply and a gradual reduction of centralization risks. While a metric expansion of a network does not imply an immediate rise in its market value, it shows a long-term confidence from participants and an underlying commitment beyond simple daily speculation. This organic consolidation of network fundamentals indicates that the user base perceives incentives to preserve value in the long term, anchoring the token beyond its historical status as a mere volatile asset.
The graphical disconnection in the face of monetary policy stringency On a purely financial level, the memecoin’s price movement during this same June period was nevertheless trying for investors. A widespread selling pressure across all cryptos pushed the token down to a monthly low of $0.00000433 on June 6. Although a later buying reaction tried to raise the level by propelling the crypto towards $0.0000052, this recovery movement proved short-lived. Rapid profit taking by short-term traders, along with a general weakening of market sentiment, forced the token to give up part of its gains in subsequent sessions.
This lack of bullish rebound can be largely explained by the overall macroeconomic context which heavily weighs on the market operators’ risk taking. Indeed, the latest meeting of the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) was followed by an increase in volatility.
The economic data published shortly thereafter during the week added further uncertainty, pushing institutional and retail capital to caution. This configuration reveals a classic disconnection phenomenon where positive technological adoption signals remain temporarily masked by the rigidity of interest rate policies and traditional market fluctuations.
Long-term perspectives and impacts of on-chain growth This duality between expansion of the user base and price stagnation allows a very rich analysis of the ecosystem’s future. On one hand, the most cautious analysts will rightly remind that the raw increase in the number of addresses can be merely the result of a simple technical fragmentation of pre-existing wallets or micro-purchases without real impact on overall trading volumes of platforms.
However, crypto cycle history shows that an increasingly broad base of holders represents an essential liquidity foundation to buffer systemic declines and prepare large-scale bullish movements.
In the long run, crossing the threshold of 1.6 million addresses could be a powerful psychological trigger for the market. Observers oriented towards fundamentals consider that a community massively expanding during a downturn accumulates important kinetic energy, likely to catalyze a vigorous recovery once global macroeconomic constraints ease. The future evolution of the Shiba Inu price will thus mainly depend on its ability to transform this critical mass of passive users into a true active and applicative economic force.
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DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
When virality moved off-screenMemecoins have never pretended to be serious. Other blockchain projects often present themselves through promises of faster payments, scalable infrastructure or decentralized applications (DApps). Memecoins, however, draw their appeal from humor, absurdity and internet culture.
A photo of a dog can become a billion-dollar asset. A frog image can trigger a wave of speculation. Communities come together around shared jokes, catchphrases and collective excitement, often with little logic beyond the energy of participation.
For much of their existence, memecoins were mostly limited to screens. The risks were mainly financial. Speculators could lose money chasing momentum, but the memes themselves rarely moved far beyond social media feeds and trading interfaces.
That boundary is starting to weaken.
Recent controversies surrounding Pump.fun, a Solana-based token launchpad, suggest that memecoin promotion may be moving in a more troubling direction. People have reportedly accepted cryptocurrency payments in exchange for shaving their heads, drinking large amounts of alcohol and having token names tattooed on their bodies.
Memecoin bounty for a branded haircutWhat was once the internet’s favorite speculative pastime is no longer simply asking participants to click a buy button. In some cases, it is asking them to turn themselves into living advertisements.
Whether this is a new form of community engagement or a troubling sign of the attention economy deserves serious consideration.
Memecoins have always been about attentionMemecoins do not need strong technology or clear utility to attract buyers. Their value often comes from something simpler: how many people are watching, sharing and talking about them.
Most cryptocurrencies try to support their value with utility, such as new technology, better efficiency or new economic models. Memecoins work differently.
Their value depends largely on visibility.
Dogecoin, launched as a joke in 2013, became one of the world’s largest cryptocurrencies mainly through community enthusiasm and celebrity attention. PEPE drew strength from internet meme culture. BONK benefited from momentum within the Solana ecosystem. Countless others have risen and collapsed on social energy alone.
This does not make memecoins illegitimate by default. Markets have long assigned value to things that are not physical, including brands, stories and cultural relevance. But it does mean attention is the scarce resource on which everything else depends.
In memecoin markets, attention brings in traders. Traders create liquidity. Liquidity can push prices higher. Rising prices attract even more attention. The cycle feeds itself. As long as the conversation continues, the asset stays alive.
Did you know? Long before crypto existed, radio stations used outrageous publicity stunts to attract audiences. Some bizarre contests reportedly led to injuries, showing that the chase for attention has always carried hidden risks.
How Pump.fun changed the economics of token creationPump.fun changed memecoin creation by making launches faster, cheaper and easier for nontechnical users.
Launching a token once required technical knowledge, marketing support and startup capital. Pump.fun made that process much faster. With a small amount of money, almost anyone could create a token within minutes.
The result was dramatic. Millions of tokens have reportedly been launched through the platform. Supporters see this as a major step toward open access.
However, open access also brought unintended effects.
Viral bounty for quitting on cameraWhen almost anyone can launch a memecoin, standing out becomes the real challenge. Creation is no longer the main obstacle. Attention is.
This made marketing one of the most valuable parts of the memecoin economy. In markets built around attention, competition often moves toward more extreme behavior.
Paying people to go viralPump.fun’s GO bounty marketplace turned memecoin promotion into something more direct. It allowed users to pay others for promotional tasks, including stunts designed to attract attention.
The idea was simple. Users could offer rewards in exchange for promotional tasks. Some tasks were fairly harmless. Others moved into more troubling territory, with participants accepting bounties that involved shaving their heads, drinking alcohol on camera and performing increasingly bizarre public stunts.
A bounty stunt turned into a permanent typoOne of the more widely shared examples involved Arivu, a resident of Tamil Nadu, India. He tattooed the ticker “$boutywork” across his forehead in an attempt to complete a bounty. The episode carried a strange irony: The ticker itself contained a spelling error.
What was meant to be a promotional act became a permanent physical mark tied to a short-lived internet moment. Traders continued speculating on the related tokens. The internet moved on to its next distraction, but the tattoo remained.
Did you know? The term “meme” was coined by evolutionary biologist Richard Dawkins in 1976 to describe how ideas spread through culture. Internet memes later became powerful enough to influence financial markets.
Why extreme behavior can seem financially rationalOn the surface, these examples may look simply absurd. Why would someone permanently change their appearance or take real risks to promote a speculative token?
The answer lies in the economics of attention.
Online audiences adjust quickly. What gets a reaction today can feel ordinary tomorrow. Influencers and advertisers understand this well. To stay visible, creators often feel pressure to raise the stakes.
More extreme behavior can generate stronger reactions. Stronger reactions can lead to wider distribution. That, in turn, attracts more attention. In memecoin markets, attention can directly affect trading activity.
Outrage can also work as promotion. People who criticize extreme stunts may still amplify them by sharing screenshots, publishing commentary and keeping the topic alive. The stunt becomes part of the token’s identity. In some cases, the controversy may be the product from the start.
How creator incentives feed risky speculationModern memecoin culture now looks like a mix of reality television and high-risk online speculation. Participants are not only chasing financial returns. They are also competing for social recognition, where virality itself can feel like a form of currency.
Several psychological forces help explain this behavior.
The first is asymmetric upside. A relatively small sacrifice can seem reasonable when there is even a small chance of a meaningful financial reward.
The second is financial pressure. For people facing real money problems, crypto rewards can look significant compared with local wages.
Third, internet fame has value of its own. A viral moment can bring followers, influence and future opportunities that go beyond any single token.
Finally, fear of missing out can be powerful. When people see others receiving attention and possible rewards, they may ignore risks they would normally treat with caution.
None of these motivations are unique to crypto. What crypto adds is speed and speculative intensity. Together, they can make each of these forces much stronger.
Creative marketing or exploitation?Supporters of these practices argue that critics are overstating the concern. From their view, participation is voluntary.
People often accept risk in exchange for money, attention or entertainment. Reality television contestants take part in humiliating challenges. Influencers promote questionable products. Professional athletes risk serious injury for income and recognition. The argument is that crypto bounties should not be treated as entirely different.
There is some truth to this view. Not every bounty is malicious. Community-driven campaigns can also be creative, funny and participatory. Some memecoin communities attract attention precisely because they reject traditional corporate marketing.
Critics, however, see a more complicated picture. Consent is not always simple, and financial pressure can affect judgment. Participants may underestimate long-term consequences when immediate rewards are placed in front of them.
Platforms may also benefit indirectly from the higher engagement and trading activity that sensational content creates. Audiences, meanwhile, may start expecting bigger and riskier stunts to stay interested.
This leaves an uncomfortable ethical question: At what point does voluntary participation become exploitation?
A pattern crypto has seen beforeThe current controversies are not entirely new. Pump.fun has faced criticism before over its livestreaming features. Reports suggested that some creators used increasingly extreme behavior to attract investors and viewers.
This allegedly included sexually explicit content, threatening behavior and other sensational performances meant to increase token visibility. The platform later suspended livestreaming before bringing it back with moderation measures.
The broader pattern is familiar. New formats attract audiences. Competition increases. Participants push their behavior further to stand out. Public backlash builds, and platforms tighten their rules in response.
This cycle has played out many times across television, social media and influencer culture. Crypto may simply be repeating a familiar pattern, with token incentives adding another layer of motivation.
Did you know? Behavioral economists have found that social proof can strongly influence decision-making. When people see others joining risky trends, they may view those risks as less serious and be more likely to copy them.
The regulatory gray areaThese developments raise difficult questions for regulators. Bounty programs are not easy to categorize.
Depending on how they are structured, they could be seen as marketing campaigns, promotional contests, informal work arrangements, high-risk reward systems or something existing laws were not designed to handle.
Consumer protection authorities may ask whether participants are clearly told about the risks. Labor regulators may consider whether people driven by financial need deserve extra safeguards. Securities regulators could examine whether token-based rewards change the legal nature of promotional activity.
The answers are likely to differ across jurisdictions.
Without clearer standards, platforms may face a long period of regulatory uncertainty.
The future of memecoin marketing remains uncertainOptimists see recent incidents as isolated excesses rather than signs of a wider trend. They believe the model can still improve.
In this view, bounty systems could mature into more constructive forms of community engagement. Well-structured bounty systems could reward creativity without encouraging harmful behavior.
Others expect the opposite. They argue that competition for attention will keep pushing participants toward riskier acts until a serious incident forces major regulatory action.
The most likely outcome may fall somewhere in between. Platforms may adopt stricter moderation rules. Some types of challenges may be banned outright. Communities may also reject tactics they see as exploitative.
Over time, the market may learn where audiences draw the line.
This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
