token

Decentralized Financial (DeFi) project World Liberty Financial (WLFI), which has ties to the Trump family, has successfully completed its second round of token sales.

According to a new press release, #DeFi sold $250 million worth of WLFI tokens, following a $300 million sale in October.
Initially, the project said it intended to sell 63% of all WLFIs to the public, but based on the current whitepaper - or gold paper - World Liberty Financial appears to have adjusted that figure to 35%.
World Liberty claims that more than 85,000 participants have gone through the know-your-customer (KYC) process to become eligible to participate in the #token sale.
The DeFi project has invested in a strategic reserve of 11 different cryptoassets, but #blockchain tracking company Lookonchain reported over the weekend that WLFI's portfolio is suffering losses on a per-token basis, losing a total of nearly $120 million.
On its website, World Liberty notes in fine print that President Donald Trump is not an officer, director, founder or employee of the company or its affiliates, but the company lists the president as chief crypto advocate
Read us at: Compass Investments
#FinTechInnovations #CryptoTrends

Crypto News: Spanish authorities dismantled a $32.6 million bitcoin pyramid scheme

police first came on the trail of the scheme in 2022 after a complaint from a victim in Murcia. The investigation revealed that the funds of new depositors were used to pay off old depositors, which is a characteristic feature of a pyramid scheme.
The National Police found that the fraudsters promised fabulous returns of up to 40% per month and 300% per year. Investigators found significant amounts of bitcoins in their wallets, as well as a worthless #token they issued to investors.
The victims of the fraud were residents of 36 countries, most of them living in Spain. As a result of the operation, authorities froze 73 bank accounts, seized cars, confiscated cash and computer equipment. This case is a reminder of the risks of unregulated crypto-investments and the growing threat of fraud in this area.
Read us at: Compass Investments
#Crypto2024 #DigitalCurrency #MarketInsights #TokenEconomy

The story of the $WOLF token began with a wave of speculation related to the legendary "Wolf of Wall Street".

Jordan Belfort, the former broker whose "exploits" served as the basis for the nickname, last week planted a rumor that he plans to launch his own #cryptocurrency #token called "WOLF". The rumor caused a stir in the #meme coin community, spawning a slew of tokens with the $WOLF ticker as opportunists rushed to cash in on the hype surrounding Belfort. Among them was the $WOLF token linked to Hayden Davis.
One of the options, $WOLF, quickly gained momentum when it was amplified by the WallStreetBets (WSB) community on social media. WSB's promotion sparked a surge of investor interest, bringing $WOLF's market capitalization to approximately $40 million shortly after its March 8 debut. Such a meteoric rise, fueled by the hype surrounding the Belfort theme and the masses of WSB fans, made $WOLF one of the most notable tokens of the week. However, the hype was short-lived. Just a few hours after the peak, the price of $WOLF plummeted, and network analysts later identified this as the result of a "rug pulling". Early signs of foul play were obvious: the token developer was seen sniping multiple wallets to get an unfair share of tokens, and chain data showed that an astounding 82% of the token supply was concentrated in a small group of wallets. This unusually centralized distribution is a classic red flag for insider-controlled schemes.
By March 9, the value of $WOLF had plummeted to nearly zero, leaving late investors with worthless tokens. The promised crypto dream of "The Wolf of Wall Street" turned into a nightmare. At this point, there was no word on who was behind the $WOLF token - the project's marketing relied on Belfort rumors and the appeal of memes without revealing the real creators. It took #blockchain sleuths to find out the truth behind the scenes.

Read us at: Compass Investments

EOS đổi tên thành #Vaulta, Kết nối ngân hàng truyền thống với sức mạnh của Web3 😳
Token $EOS tăng 2 ngày nay

#Toke#Token

XRP News Today: Despite the ongoing legal battle, Ripple's XRP token is attracting more and more attention, and many cryptocurrency enthusiasts are optimistic about its future. A recent poll conducted by Patrick Bet-David found that 43.

8% of respondents believe #Ripple is the best technology in the long term, while #bitcoin only garnered 35% of the vote. Judging by social media posts, bitcoin investors are frustrated and confused by the growing hype surrounding the #XRP community.
Eric Yax, author and managing partner of EpochVC, shared his thoughts on the current situation, explaining that Ripple's long-standing presence in the market has sparked interest. "Ripple has been around since 2012, and the question remains: How has it been used? What has been done with it? "" noted Yax. The Ripple network was originally intended to facilitate money transfers and serve as a bank settlement system, but now its focus has shifted to creating a central bank digital currency (CBDC), which Yax opposes.
"At best it will be a CBDC, and the XRP #token will not be used for that. That token will have no value, so if that's what you think, it's never going to win, he emphasized.
Despite concerns over past marketing tactics, Ripple's ability to generate significant value through large pre-mining and effective marketing campaigns has caught the attention of investors.
Ripple's participation in facilitating payments through RippleNet now amounts to $7 billion in payments per year, even despite ongoing litigation with the SEC. This success has shaped the narrative that is fueling XRP's growth, causing bitcoin investors to question why the Ripple project is thriving while facing challenges.
Share this crypto info with your network!
We'd love to hear what you think of this article!
Was this article helpful?
Pi Coin Price Forecast: Is $3 possible after a 20% drop?
Bitcoin vs.

Read us at: Compass Investments

-Rumors of FLOKI Inu Delisting on Coinbase Dismisse

d, What's Next for PriceFLOKI is expected to delist on #Coinbase , but only in New York.
claims of a larger delisting on the exchange are not true, the team reiterates their focus on utility development.
FLOKI's price shows a slight rebound, indicating investor confidence.
There were reports on social media that Coinbase was going to delist #FLOKI from its platform. However, the FLOKI Inu team has clarified the situation, stating that these rumors are not true.
According to FLOKI's official statement to X, Coinbase is not removing the #token completely from its platform. Instead, the exchange is only suspending FLOKI trading in New York.
This new development is likely due to the state's strict digital asset policy, rather than direct action against FLOKI itself.
It is important to note that New York has some of the strictest #cryptocurrency regulations in the United States.
Coinbase has only listed a small number of memcoins in the state. According to the new update, trading of three memcoins, FLOKI, TURBO and GIGA, has been suspended at the same time.
The FLOKI team believes this move has more to do with regulatory issues than anything specific to their token.
evertheless, FLOKI remains one of the most actively traded memcoins in the world. Data shows that New York accounts for only a small percentage of the total trading volume.
Moreover, Coinbase accounts for only a small percentage of FLOKI's daily trading activity.
Even if a complete removal occurs, as FLOKI Inu insists, the impact on the token's overall market presence will be minimal.
In addition, the project management has contacted Coinbase and legal experts to better understand the situation. If they have any new information, they are expected to provide further updates.

Despite initial concerns, the price of FLOKI remains relatively stable.
the time of writing, the price of FLOKI has jumped $ 0.

Read us at: Compass Investments

XRP's fully diluted valuation surpassed Ethereum's after ETH fell below $2000.

XRP's fully diluted valuation surpassed Ethereum's after #ETH fell below $BTC #XRP has had the best performance of any major #token this year, gaining 5%. ETH remains below $2000 despite the recent rise in cryptocurrency prices as sentiment is at a record low.
XRP has overtaken Ethereum in terms of fully diluted valuation (FDV) for the first time since 2020 after ETH fell below $2000. According to Token Terminal, XRP's FDV has surpassed $240 billion, higher than ETH's $231 billion.
This metric measures the value of a project's entire token issue, including those not yet in circulation. While this metric is not decisive, it can indicate the potential value of a crypto project when all tokens are in circulation.
XRP's FDV growth over ETH is not surprising, given that Ripple's supply is significantly larger than ETH's. According to CoinMarketCap, the maximum supply of #Ripple tokens is 100 billion. However, Ethereum doesn't have a maximum supply as the network issues tokens as a reward for staking, but its current total supply is 120.61 million ETH.
Despite XRP's higher FDV, ETH's market capitalization is still nearly double that of XRP. CoinMarketCap data shows that ETH has a market value of $232.93 billion, significantly more than XRP's $141 billion.
Although FDV is not the main criterion for evaluating a project, it shows the contrast between the performance of XRP and Ethereum in recent months. Ripple has had a roller coaster ride, rising 300% since Donald Trump's victory and peaking in January.
Although XRP has fallen from its peak to $2,428, it continues to perform well even in a not-so-favorable season for the crypto industry. It is the only large-cap token that has gained 5% since the beginning of the year.
In comparison, bitcoin is down 10.

the meantime, Ripple's positive momentum looks set to continue.

Read us at: Compass Investments

Will Chainlink's price hold up despite a whale of a token sale? Chainlink Whale sold 356,665 coins for $4.59 million, averaging $12.88 per token.

Chainlink's price rose 2% overnight to close at $13.15 despite the sale.
Analysts remain optimistic, predicting further upside if #LINK holds key support in the $6 to $9 range.
Chainlink Whale recently made a significant #token sale, raising concerns about the future price performance of the #cryptocurrency . whale conducted a massive transaction, selling over 350,000 LINK tokens. Link experienced a significant sell-off, which did not affect the stability of its price.
Onchain Lens, a #blockchain monitoring tool, confirmed this large-scale transaction by examining blockchain data.
wallet address "0xc6f7f" sold 356,665 LINK tokens worth $4.59 million. This large sale made investors and traders wonder about its impact on Chainlink's price movement.
previous large-scale whale sales increase investor uncertainty as they signal a weakening of faith in current and future growth potential.
Chainlink's price showed strength at a time when the market was dominated by trends that would normally cause investors to worry about broader market conditions.
The whale deal briefly depressed the value of the cryptocurrency, but the market quickly recovered.
traders did not notice any significant market impact from the whale trading activity, judging by the price trends observed.
However, the LINK price remained stable even after a significant whale sell-off.
Over the past 24 hours, LINK has gained 12.62% to $14.53, after falling as low as $BTC price movement shows that the market has successfully managed the sell-off and remained stable.
Chainlink's price showed a significant increase in value despite the general macroeconomic concerns.
Many investment assets are showing limited growth as investors are cautious amid market uncertainty.

Read us at: Compass Investments
#InvestSmart