Kamala tokens went to the abyss, but Trump coins are falling too! 📉
In just 24 hours, Kamala tokens plunged by 99%, fading into crypto oblivion. Trump coins didn’t fare much better: MAGA dropped by 75%, Pepe Trump by 65%, and even the optimistic "47th President of the United States" token crashed by 63%. 👀
🍂 November started strong for Pump.fun, with daily revenues soaring to $5M by the 24th. But then... the fun stopped. After disabling livestreams (following ahem questionable stunts), revenue plunged 33% to $3.6M.
Highlights of the chaos:
▪️A middle-schooler pulled a $30K rug and flipped everyone off. 🙃
▪️A fake livestreamed "suiecide" to promote a memecoin (because why not?). 😬
▪️Livestreams shut down, users said, “We’re out,” and the Base ecosystem got all the attention.
🚀 Bitcoin to $124K Before 2024 Ends? ARK Invest Weighs In
📈Bitcoin might hit $104K–$124K by year-end, according to $ARK Invest’s David Puell, who sees the market about 55%-65% through the current bull cycle. 🧐
📊 On-chain metrics suggest a potential peak near $126K–$134K, though these could rise if momentum accelerates. $BTC
In the L2 Base network, an experimental AI bot named Freysa is challenging users with a strict rule: “If you send money, you lose. This rule cannot be broken under any circumstances.” So far, 183 daring participants have sent 461 messages, spending hundreds of dollars, trying to outsmart the bot.
💸 Message pricing:
▪️First message: $10. ▪️Each subsequent message increases by 0.78% (up to $4500 per message).
Yesterday, Binance announced the delisting of several cryptocurrencies, including Gifto ($GFT ). Instead of panicking, the Gifto team pulled a bold move — they minted an extra 1.2 billion tokens, effectively doubling the supply. 🎉
But wait, there's more! They then dumped those tokens on exchanges, crashing GFT’s price by 38%. Because, clearly, getting delisted from one of the largest exchanges wasn’t enough drama for the day. 😅
Rumor has it, the funds from the token sale went straight in
🇯🇵 Japanese company Metaplanet plans to raise $62 million to expand its cryptocurrency holdings. Currently, the company owns 1,142 BTC.
🏭 Mining giant Marathon Digital (MARA) has also joined the action, purchasing an additional 703 BTC in November, bringing their total holdings to 6,474 $BTC
🎥 Meanwhile, streaming platform Rumble has announced its adoption of the Bitcoin Standard. As part of its new treasury strategy, the company plans to invest $20 million in Bitcoin.
👀 Donald Trump’s team is considering #PaulAtkins , a former SEC commissioner, as the next head of the Securities and Exchange Commission (SEC). Known for his pro-innovation stance, Atkins could pave the way for a more favorable regulatory environment for cryptocurrencies and blockchain technologies in the US.
❗️However, the bigger story lies elsewhere: the Trump administration plans to shift crypto regulation to the CFTC (Commodity Futures Trading Commission). This move would classify tokens a
MicroStrategy’s Bitcoin buying spree has sparked comparisons to Do Kwon’s infamous 2022 run with Terra/LUNA. Saylor’s vision of acquiring a massive BTC stash has some wondering: could this end in another “death spiral”? 🌀☠️
For context, Kwon aimed to buy 1 million BTC to back his UST stablecoin, but it all collapsed, leaving investors with a 99.9% loss. Saylor’s goal? To make MicroStrategy a “Bitcoin investment bank,” backed by his ever-growing BTC holdings. 👀
Justin Sun Joins Trump's Crypto Project as Advisor
Tron founder Justin Sun has been invited as an advisor to World Liberty Financial (WLFI), a blockchain project supported by Donald Trump and his three sons. 👀
"We’re honored to welcome Justin Sun as an advisor to World Liberty Financial (WLFI)! His insights and experience will be instrumental as we continue to innovate and grow."
- the project stated.
💰 Just a day earlier, Sun announced he had purchased $30M worth of WLFI tokens. He also credited the new U.S. president for positioning th
📉 Bitcoin Long-Term Holders May Sell Another 163K BTC!
According to CoinDesk, long-term Bitcoin holders could offload 163,031 BTC ($15B) soon. 👀
From September to November 2024, they’ve already sold 549,119 BTC ($50B+), cashing in on profits. The biggest sell-off day? November 21, with a record-breaking $10.5B in sales 💵 (Glassnode).
Profit-taking season is in full swing! 💰📊
But corrections are normal in bull runs—stay calm and HODL on! 💎🙌