😱 Did you hear? While the U.S. government may be hesitant to buy more Bitcoin, Michael Saylor's MicroStrategy is actively hoarding Bitcoin under the 21/21 plan. Meanwhile, with the Trump administration facing a two-year legislative window for pro-crypto policies, a controversial new IRS rule classifies decentralized finance (DeFi) front ends as brokers, sparking widespread criticism, legal challenges, and concerns about innovation and decentralization in the industry.
📊 Galaxy Digital's research arm predicts that the U.S. government will not buy more Bitcoin (BTC) in 2025, but will focus more on protecting its existing holdings. According to Alex Thorn, head of Galaxy research, the U.S. government will use its existing nearly 183,850 BTC (worth about $17.24 billion) to explore Bitcoin reserve policies. While discussions about using Bitcoin as a reserve asset will continue, the government seems to intend to rely on existing holdings rather than buy more.

From $16 to $3 Million: The Incredible Success Story of the Memecoin Peanut The Squirrel (PNUT) Trader.

How Was It Done?
When this trader made their initial investment from their wallet named “6r3w,” the memecoin Peanut The Squirrel (PNUT) was still available on the launchpad Pump.fun — a platform designed to allow anyone to create a token quickly and affordably, (fun fact: since the start of this year, this platform has been responsible for the launch of over 3 million new tokens, making it a popular tool among cryptocurrency enthusiasts and developers).
At the time of the trader’s purchase, PNUT had a market capitalization of just $10,000. The purchase occurred on October 31, 2024, when the trader invested $16, paying approximately $0.0000045 per token.
|| Total Investment: $16 | Price per Token: $0.0000045 ||

With this $16 investment, the trader would have acquired approximately 3,555,556 PNUT tokens.
Current Price of PNUT
This is the token’s price as of the publication of this article

Information sourced from CoinGecko.com
The Story That Inspired This Token
The story of Peanut began when Mark Longo rescued and cared for her, sharing her life on social media where the squirrel amassed over 600,000 followers, people adored it!
Peanut became the face of a nonprofit organization called “Peanut’s Freedom Farm,” which provides a safe home for over 300 animals. However, things took a sad turn when the New York Department of Environmental Conservation decided to confiscate Peanut, citing health concerns, Peanut was subsequently euthanized due to potential rabies risks.
The news of Peanut’s confiscation and euthanasia sparked a wave of public outrage and support on social media, figures like Elon Musk and Donald Trump criticized the actions of the Department of Environmental Conservation, calling the case an example of government overreach.
Connection to the PNUT Token
In response to the public outcry, the meme cryptocurrency PNUT was launched on the Solana blockchain as a tribute to Peanut.
The token quickly gained popularity, especially after Elon Musk tweeted about Peanut, within just 24 hours, PNUT’s market capitalization surged from approximately $3 million to $140 million.
The story reached new heights when Binance announced that PNUT would be listed on its platform, further driving demand for the token.
Market Conditions
As mentioned earlier, this token was inspired by a story that garnered significant attention on social media likely driving its growth and popularity, as analyzed in other articles, the influence of social media on a cryptocurrency’s success can be a critical ingredient for its rise.
Memecoins: How Humor and Community Shape Crypto Success
It could be said that market conditions played in favor of this investor, as there was already significant hype around what this coin represented even before it became a trend — it already had over 500,000 followers on Instagram (incredible!), this opportunity did not go unnoticed by this investor, who seems to have skillfully capitalized on the market circumstances.
When PNUT’s price surged by 247%, and the coin’s market cap reached $530 million, the investor behind the wallet named “6r3w” sold over $95,000 worth of PNUT — not bad, but this was only the beginning.
On the news that Peanut did not in fact have rabies (as was alleged), public outrage soared and the meme coin skyrocketed another 390%, from $462 million to $2.2 billion.
It was at this point that the trader decided to sell the remainder of their coins, resulting in a profit of $3 million from an initial $16 investment in just two weeks.
Wallet History
An analysis of the transaction history of the wallet identified as “6r3w” reveals a consistent pattern of investments in tokens created through the Pump.fun platform.
This investor has made multiple purchases of tokens at low prices followed by sales at higher prices, securing profits on several occasions.
However, none of these prior transactions reached the scale of the profit obtained with the PNUT token, where an initial $16 investment was transformed into approximately $3 million over a two-week period.
Luck or strategy? What do you think?
#memecoin🚀🚀🚀 #altcoins #DEFİ #pumpingsoon #BtcNewHolder

(𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓 𝒂 𝒄𝒓𝒚𝒑𝒕𝒐 𝒄𝒐𝒏𝒕𝒆𝒏𝒕 𝒄𝒓𝒆𝒂𝒕𝒐𝒓? 𝑳𝒆𝒕’𝒔 𝒄𝒐𝒏𝒏𝒆𝒄𝒕! 𝑰 𝒄𝒂𝒏 𝒄𝒓𝒂𝒇𝒕 𝒆𝒏𝒈𝒂𝒈𝒊𝒏𝒈 𝒄𝒐𝒏𝒕𝒆𝒏𝒕 𝒊𝒏 𝑬𝒏𝒈𝒍𝒊𝒔𝒉, 𝑺𝒑𝒂𝒏𝒊𝒔𝒉, 𝒐𝒓 𝑷𝒐𝒓𝒕𝒖𝒈𝒖𝒆𝒔𝒆)

Jupiter, the largest decentralized exchange aggregator on the Solana blockchain, plans to expand its token distribution with an airdrop event called “Jupuary” in January. The project will distribute 700 million JUP tokens, currently valued at approximately $580 million, to users, stakeholders, and contributors.
Who Will Receive the Tokens? Eligibility Criteria Under Discussion
The Jupiter team is finalizing the criteria for the airdrop, and community discussions are ongoing to define the exact guidelines. The proposed framework takes into account the trading volume of individual users across the platform over the past year.
According to the proposal:
Users with an annual trading volume of at least $800 would receive a minimum of 50 tokens.Users with a trading volume of $29,000 could receive up to 250 tokens.
A total of 2.3 million wallets are eligible for this distribution.
Two Main Distribution Groups
The token distribution is divided into two primary groups:
Users and Stakers – targeting active platform users.Community Supporters, known as “Carrot and Good Cats” – members who have made significant contributions to the community.
This strategy aims to reward existing users, attract new ones, and strengthen the growth of the Jupiter DAO ecosystem.
History and Future of the JUP Token
In 2023, Jupiter distributed nearly 1 billion JUP tokens to users who met the requirement of a minimum trading volume of $1,000 before the November 2023 snapshot.
Currently, the circulating supply of JUP tokens is 1.35 billion, with an initial maximum supply of 10 billion tokens. However, the project plans to reduce the maximum supply to 7 billion tokens, including burning over 3 billion tokens, a move approved by the community in August 2024. This adjustment aims to maintain the value of JUP tokens.
Jupiter’s Role in the Market
Launched in October 2021 under the pseudonym “Meow”, Jupiter aggregates liquidity from various decentralized exchanges (DEX) on the Solana blockchain. The platform enables users to find the most favorable rates for token swaps and also offers a perpetual trading product.
In the past 24 hours, the platform has recorded over $2.3 billion in trading volume, highlighting its pivotal role in the DeFi ecosystem.

#blockchain , #DEFİ , #JUP , #Jupiter(JUP) , #DEX

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

As 2024 is about to come to an end, the development of DeFi (Decentralized Finance) is entering a critical turning point. In the face of high transaction costs, network congestion, and the need for cross-domain innovation, the DeFi ecosystem has undergone profound changes in multiple areas. The following are core insights from experts on trends for 2024 and predictions for 2025:
Dominant trends in DeFi for 2024
1. Deep integration of TradFi and DeFi
Alvin Kan, Chief Operating Officer of Bitget Wallet, pointed out that the combination of traditional finance (TradFi) and DeFi has become a core trend this year. The tokenization of real-world assets (such as bonds and real estate) injects liquidity into DeFi platforms while opening up more channels for investors.

Curve Finance introduces a groundbreaking feature in decentralized finance—a first in the crypto space. With $CRV , loans are designed to avoid liquidation by utilizing an advanced automated market maker (AMM) that actively manages collateral. This system dynamically converts your collateral to and from stablecoins, ensuring the value of your position remains stable, even during market volatility. Say goodbye to liquidation risks and hello to a new era of secure, flexible lending. $CRV #MarketReboud #DEFİ