Pumpdotfun is a platform that lets users launch a coin that is instantly tradeable for under $2 with one click.
Mostly, it is used for launching memecoins.
It earns revenue via a 1% swap fee from users buying and selling tokens, and it also nabs 2 SOL when a token draws enough liquidity to be listed on the decentralized exchange Raydium.
Its cumulative revenue has already surpassed $50M.
It shows us that memecoin season is still here and it only continues to grow $WIF $PEPE $BONK #WIF #PEPE #BONK
Mt. Gox Announces Repayment to Creditors in Early July 2024
> Mt. Gox, the defunct cryptocurrency exchange based in Shibuya, Tokyo, Japan, has announced that it will begin repaying creditors in Bitcoin ( $BTC ) and Bitcoin Cash ( $BCH ) in early July 2024.
> Currently, Mt. Gox holds 141,686 BTC, valued at approximately $8.63 billion, across three wallets.
> Following the announcement, the market reacted negatively, with the price of BTC dropping from $62.8K to $60.8K within a few minutes.
> Interesting, how many of those BTC will be sold right after being received / how many are already sold OTC / and how many will remain untouched. $ETH #BCH #SOL #NOT
Pantera Capital is raising more money to invest in TON!
> The venture capital firm is now raising funds for a new investment in the TON token shortly after making its largest-ever investment in TON.
> #DeFi is actively growing. The current number of unique monthly active users for April 2024 is 5.2 million, a 41% growth compared to the same period a year ago.
> While 41% growth is impressive, 5.2 million is not a particularly large number.
> The current monthly active users of @telegram amount to 800 million. With the heavy integration of TON into Telegram, onboarding at least 10% of all Telegram monthly active users would mean greater success for TON than DeFi has achieved on all chains over the years.
> Personally, I think there is great potential for TON, and more L1 blockchain networks supported by top companies will emerge. TON’s success will only continue to grow.
1. @Renzo Official $REZ (+$17M): Renzo is one of the leading liquid restaking protocol and strategy manager for EigenLayer, the pioneering protocol for restaking on Ethereum.
2. Particle Network (+$15M): Particle Network is a modular L1 blockchain powers chain abstraction by creating Universal Accounts that give users a single address and interaction point across chains while abstracting gas and unifying liquidity. This empowers existing L1s and L2s with seamless coordination across ecosystems.
3. Sonic (+$12M): Sonic is a gaming-focused Solana Layer 2 developed by Mirror World Labs (MWL).
4. Gudchain (+$5M): Gudchain is a gaming-focused OP-stack-based L2 blockchain that aims to simplify Web3 complexities and access for players.
5. Bondex (+$4m): Bondex is the leading professional network in Web3 and a disruptor to LinkedIn.
6. ZKX (+$3.1M): ZKX makes trading social with PVP battles and competitions for perpetual futures.
7. Zeek Network (+$3M): Zeek is a decentralized collaboration network for on-chain social bounty and reputation.
> Whale 0x846 deposited 645,653 #RNDR ($4.95M) to OKX at a price of $7.664.
>He withdrew those RNDR tokens from Binance at $4.25 (estimated cost: $2.74M) on January 17, 2024.
> Most likely, he sold his tokens, making a $2.2M profit (+80.3%) after 5 months.
> Overall, in the past 2 days, 3 whales, including the one above, have deposited a total of 2.259M RNDR ($17.24M) to OKX via the same deposit address, realizing a total profit of $7.97M (+86%)!
> At the same time Price of #RNDR perfectly touched levels I mentioned in my previous posts and there is still rom to grow to $9-9.5 $NOT #NOT $PEPE #PEPE
💥Whale decides to take a $910K profit from $UNI after 7 months of HODLing!
Whale 0x52da transferred 214.763K #UNI ($2.24M) to Binance for potential sale.
The whale accumulated these UNI tokens from MEXC and 1inch at an average price of $6.18 (estimated cost: $1.33M) between November 24 and December 15, 2023. $ZK #ZK #NOT🔥🔥🔥 $NOT