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zkSync (ZK) Gains Momentum with Listings on Major Crypto Exchanges The zkSync (ZK) token has seen significant growth over the past month, being listed on several major cryptocurrency exchanges. This expanded accessibility is a testament to zkSync’s potential and growing acceptance in the crypto community. Bybit Bybit announced the listing of zkSync (ZK) on their spot market, providing users with new trading opportunities and increasing the token’s visibility. CoinEx On June 17, 2024, CoinEx enabled deposits, withdrawals, and trading for zkSync (ZK), enhancing the token's liquidity and market presence. KuCoin KuCoin, a key player in the crypto exchange sector, added zkSync (ZK) to its platform with trading starting on June 17, 2024. This listing underscores the strong support for zkSync from KuCoin. HTX (formerly Huobi) HTX listed zkSync (ZK) with deposits and trading beginning on June 17, 2024. This listing includes spot trading pairs and related services, broadening the trading options for users. WhiteBIT WhiteBIT also listed zkSync (ZK), highlighting the protocol’s mission to enhance Ethereum’s scalability and efficiency through zero-knowledge rollups. The official announcement from June 17, 2024, stated: "Here's a New One! zkSync is the layer 2 protocol that improves the Ethereum blockchain scalability and efficiency through zero-knowledge rollups. The project's mission is not only to increase Ethereum's throughput but also to fully preserve its foundational values—freedom, self-sovereignty, and decentralization—at scale. Learn more about zkSync on the official website Deposits and trading are now open, while withdrawals will become available soon." Conclusion The recent listings of zkSync (ZK) on these major exchanges highlight the token's growing prominence and the confidence that the crypto market has in its potential. These developments are poised to enhance zkSync’s role in the future of blockchain technology. #zkSynk #CryptoTradingGuide #MicroStrategy $ZK #WhiteBit #Bybit
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Rumors of Donald Trump-backed Solana-based Meme Coin DJT Triggers Capitulation of PoliFi Tokens Ahead of the United States presidential election later this year, top contenders Donald Trump and Joe Biden have endorsed the cryptocurrency industry to consolidate their voters. In the latest crypto-political projects, a Solana-based meme coin TrumpCoin (DJT) has pumped more than 368 percent in the past 24 hours to trade around $0.025 on Tuesday during the early New York session. The rumors of a Trump-backed meme coin originated from Pirate Wires, a maverick media outlet, through its X official account. However, Ryan Selkis, the CEO and founder of Messari crypto, urged crypto investors to approach the DJT meme coin with care as the Fed could be running the account. DJT and Market Outlook The rise of the DJT meme coin has seen its daily average traded volume outshine its total market capitalization as of this report. According to on-chain data from Birdeye, the DJT meme coin had a fully diluted market cap of about $248 million and a daily average traded volume of around $372 million. Notably, DJT has locked liquidity in Solana of about $86 million, with more than 10k holders. On the Flipside Following the notable attention of DJT on Tuesday, other meme coin projects that had thrived under Trump’s political influence dropped significantly in the past 24 hours. For instance, Ethereum-based MAGA (TRUMP) dropped more than 36 percent in the last 24 hours to trade around $6.87 at the time of this writing. Another Trump-focused meme coin dubbed MAGA Again (MAGAA) dropped over 47 percent to trade around $0.013 on Tuesday. Bigger Picture The notable attention to crypto discussion by the US political parties indicates heightened web3 and digital assets adoption. Moreover, the recent approval of spot Bitcoin and Ethereum ETFs in the United States will attract more institutional investors in the crypto space soon. #SolanaStrong #BlackRock #altcoins #ETHETFsApproved
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Trump Token Whale Nets $3.7M Profit amid Meme Coin Crash A major Trump token holder, identified by the wallet address ‘0x52C0’, recently sold over 171,000 Trump tokens, converting to 414 Ether worth $1.44 million in the past 24 hours. This sale, at an average price of $8.38, resulted in a 1,428% return on investment. Despite this, the whale still holds 28% of his wallet in Trump tokens, valued at about $372,000. His largest asset is BasedAI (BASEDAI) coins, worth $921,000, making up over 71% of his portfolio. The Trump token has dropped over 30% in 24 hours, and 37% for the week, partly due to rumors of an official TrumpCoin project on Solana. The broader memecoin market is also suffering, with major coins like Dogecoin (DOGE) down 13%, Shiba Inu (SHIB) down 18%, Pepe (PEPE) down 13%, and Solana-based Dogwifhat (WIF) plummeting over 20%. Overall, meme coin market capitalization has dropped over 9% to $46.6 billion, while trading volumes have risen by 79% to $6.25 billion. Other Trump token holders are also profiting from the market downturn. Wallet ‘0x35D1’ gained $648,000, and trader sighduck.eth netted a 1,500% gain. #TrumpCrypto #WIF_Usdt #PEPE_EXPERT #memecoin🚀🚀🚀
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Despite ongoing market concerns, Bitcoin has dipped below $65,000, its lowest in a month. The zkSync token suffered the most among the top 100 cryptocurrencies, plunging 26%. The total cryptocurrency market cap dropped from $2.55 trillion to $2.48 trillion, a 2.5% decline according to CoinGecko. In the past 24 hours, Bitcoin hit a low of $64,548 after liquidating $150 million in long positions last week, stabilizing around $65,600 on Tuesday. Major cryptocurrencies like Ethereum, BNB, and Solana saw declines of 3%, 1.5%, and 5% respectively. However, XRP and Ondo bucked the trend with gains of 2.5% and 2.2%. Institutional selling persisted with Bitcoin ETFs experiencing $621 million in net outflows last week. Recent data from Farside Investors shows continued outflows, with U.S. spot Bitcoin ETFs seeing $145.9 million in net outflows. Market uncertainty was exacerbated by the Federal Reserve's cautious stance, signaling fewer anticipated rate cuts. Comments from Minneapolis Fed President Neel Kashkari suggested rate cuts might not occur until December. Crypto liquidations totaled $500 million in the past day, primarily from forced liquidations of long positions amounting to $432 million. Despite these challenges, some analysts believe the bearish sentiment may be short-lived due to global central banks moving towards monetary easing. Wintermute trading desk noted ongoing Bitcoin miner selling to cover operational costs or upgrade equipment. While miners briefly benefited from recent events like the Bitcoin halving, interest in such events has waned. Concerns also surround potential market impact from Mt. Gox creditors potentially selling 137,980 BTC, valued at approximately $9.04 billion. While challenges persist in the cryptocurrency market, cautious optimism remains amidst potential global monetary policy shifts and market adjustments. #bitcoin #etherreum #BnbAth #SolanaStrong $BTC $ETH $BNB
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WhiteBIT, a prominent cryptocurrency exchange, has partnered with ATB-Market to launch a unique campaign involving collectible football cards. This collaboration allows customers to purchase football cards featuring players from the Ukraine National Football Team exclusively at ATB supermarkets. By collecting all 28 cards, participants can earn various crypto bonuses through WhiteBIT. The initiative includes multiple engagement levels, such as the "Collector" and "Master of Luck" awards. For instance, by boosting their "Luck" points, users have a chance to win prizes up to 1,000 USDT. Additionally, the first 10,000 participants to sign up on WhiteBIT will receive a bonus of 5 USDT. This campaign not only promotes the collection of football cards but also integrates cryptocurrency rewards, thereby combining sports enthusiasm with the growing trend of digital assets. #EURO2024 #Crypto_Jobs🎯 #WhiteBit #Ukraine #AirdropGuide
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