🐸 **🔥🔥🔥$PEPE Alert!** 🚨🚨🐸 **Pepe is Coming Home!** 🌟

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🔥🔥Attention🚨🚨 ♥️Elon Musk is on the move again, this time purchasing 100,000 Nvidia chips for his new artificial intelligence venture, xAI. Musk has secured $6 billion in funding for xAI, which he founded last summer. This significant budget will be used to launch xAI's initial products, build advanced infrastructure, and accelerate R&D for future technologies.👩‍💻 ♥️xAI's first known product is a chatbot called Grok, developed to compete with OpenAI's ChatGPT. Currently, Grok is available exclusively to X Premium subscribers. 🚇The funding round attracted major investors, including Andreessen Horowitz, Sequoia Capital, and Saudi Arabian Prince Al Waleed bin Talal. Initially, #xAI sought up to $1 billion in equity investment, but recent reports indicated a $6 billion target, which Musk had initially denied but has now been achieved.👌 ♥️Developing AI is costly, with Nvidia's upcoming Blackwell B200 AI graphics cards priced between $30,000 and $40,000 each. xAI reportedly needs 100,000 of #Nvidia's existing H100 chips to power an upgraded version of #Grok . Musk informed investors that a new data center is planned for launch in fall 2025.🧚‍♂️ ♥️The competition for #AI chips, talent, and technology is fierce, with tech giants like Google, Apple, Amazon, Microsoft, and Meta investing billions in AI projects. Microsoft has partnered with OpenAI in a multibillion-dollar deal, while OpenAI CEO Sam Altman aims to revolutionize the global chip industry with a trillion-dollar vision. Meanwhile, Musk is suing OpenAI, accusing it of straying from its mission to benefit humanity.🐫$XAI

🚨Breaking News🚨: X to Host Trump Town Hall! 🇺🇸🚀 Elon Musk's X is set to host a live town hall event with former President Donald J. Trump! 🎙️🗣️📅 The event will be aired in partnership with cable channel NewsNation. 📺📡 After reinstating Trump's account following his acquisition of X in late 2022, Trump has only posted once on the platform. 🐦📝 This town hall is part of X's effort to increase video content on the platform, marking a significant move. Will this bring Trump back to his former X glory? 🤔📈 Stay tuned for more updates! 🔍💻 #ElonMusk #DonaldTrump

🔥🔥🔥🔥Terraform Labs🔥🔥🔥 🔴Terraform Labs and its co-founder, Do Kwon, have reached a 'settlement in principle' with the U.S. Securities and Exchange Commission (SEC), according to a recent court entry. ⛔ 🔴This marks a pivotal moment in their legal battle with the SEC. A Thursday filing revealed that a Wednesday telephone conference, which was not recorded, led to the cancellation of a previously scheduled oral argument set for May 29. ‼ 🔴The filing stated, "The oral argument previously set for 5/29/2024 has been cancelled because the parties have informed the Court that they reached a settlement in principle. The parties must file, by 6/12/2024, papers in support of a proposed final judgment consistent with the settlement."🏘 🔴The SEC charged Terraform and Kwon in February 2023 over the collapse of the algorithmic stablecoin Terra USD (UST) a year earlier. Recently, the parties had been disputing the fine amounts, with Terraform and Kwon's lawyers arguing for fines closer to $1 million, while the SEC proposed a significantly higher fine of $5.3 billion.💰 🔴The trial against Terraform began in late March without Kwon, who was absent. In April, a jury found both Terraform and Kwon liable for civil fraud, concluding they had misled investors and violated federal securities laws through fraudulent activities associated with Terraform securities.🔐 🔴Meanwhile, Kwon remains involved in legal proceedings concerning his extradition to the U.S. or South Korea. He was arrested in Montenegro in March 2023 for using a counterfeit passport while trying to leave the country.$LUNA $LUNC $USTC #LUNA🔥🔥🔥 #LUNC✅ #USTC #TerraLabs #TerraClassic

🚨 Hong Kong Authorities Officially Prohibit Unlicensed Crypto Exchanges 🇭🇰 Hong Kong regulators have formally prohibited the operation of unlicensed cryptocurrency exchanges within the region. This action is intended to improve regulatory supervision and safeguard investors by mandating that all functioning exchanges comply with strict licensing standards. Stay tuned for further updates on this important regulatory change. #HongKong #Crypto #Regulation #Blockchain #btc $BTC

🔴FLOKI, a Shiba Inu Competitor, Poised for Explosive Growth, Says Analyst🔴 **FLOKI, the Shiba Inu competitor, is making headlines again following a significant prediction by a prominent crypto analyst who gained fame by accurately calling Bitcoin’s bottom in 2018. The meme currency, which saw a 50% rise in May, is now experiencing a pullback.*♥️* **Potential for a FLOKI Breakout** On Tuesday, crypto analyst Blunts shared insights on FLOKI’s prospects on X (formerly Twitter). He compared FLOKI to PEPE, another Ethereum-based meme currency that outperformed major cryptocurrencies in May. Blunts noted similarities in their pricing patterns and expects FLOKI to follow a similar trajectory.🔥 In a follow-up post, Blunts reiterated his bullish outlook on FLOKI, pointing out that the currency is forming higher lows and higher highs—a historically optimistic indicator. While he anticipates a significant rise, he also mentioned multiple resistance points that could challenge its ascent. He suggests that a 1-2 daily chart pattern indicates continued progress for FLOKI.🦊 Blunts predicts that FLOKI could surge by over 100%, setting a target price of $0.00075, which would be more than a 200% increase from its current value.🌊 **Market Dynamics and Resistance** FLOKI is facing downward pressure due to Bitcoin’s decline below $68,000, which has caused FLOKI’s price to drop from $0.0003 to $0.000246 since May. However, if Blunts' prediction holds, FLOKI could soon rebound.🍭 Blunts' reputation for accurate market forecasts has led many in the market to take his predictions seriously. His notable call of Bitcoin’s bottom in 2018 has added weight to his current projections.🌊 **Meme Coins Performance** In the broader meme coin market, coins like FLOKI have seen declines alongside other cryptocurrencies. Despite a 16% rally on Wednesday, Shiba Inu has dropped more than 5.2% in the past day, losing half of the gains from the previous day. Dogecoin, another major meme coin, has also struggled. #FLoKI #memecoin #SHIB $FLOKI

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