According to Polymarket, Donald Trump’s chances of winning this election have climbed to 66%. Additionally, there’s a 43% probability that the former president will mention cryptocurrency in today’s debate.

📌 Maybe you shouldn't miss: D. Trump and J. Biden are currently debating 👨‍💻 $MAGA $TRUMP

According to @Polymarket, Donald Trump's winning probability in this election round is up to 66%. The probability of this former president mentioning Crypto in today's debate is up to 43%.… pic.twitter.com/gPRD9Ko0Dt

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 28, 2024

Amid these developments, Smart Money has propelled $MAGA back to the top of the 24-hour accumulation list. The buy and sell data, available in real-time, show significant activity:

24h Inflows:

– Wallet 0x6ce0…f011 employed a Positive DCA strategy on Ethereum, purchasing $34.44K worth of MAGA at $0.0003051 per token. – Realized PnL: $134.68K – Realized ROI: 25.55% – Unrealized PnL: $122.23K

– Wallet 0x1d28…f241 followed a Positive DCA strategy on Ethereum, buying $45.10K worth of MAGA at $0.0003092 per token. – Realized PnL: $30.10K – Realized ROI: 3.43% – Unrealized PnL: $16.76K

– Wallet 0xbd18…0da6 executed a Positive DCA strategy on Ethereum, purchasing $23.72K worth of MAGA at $0.0002999 per token. – Realized PnL: $19.13K – Realized ROI: 14.02% – Unrealized PnL: $7.13K

– Wallet 0xbb15…b37e adopted a Positive DCA strategy on Ethereum, acquiring $65.00K worth of MAGA at $0.0003549 per token. – Realized PnL: $78.71K – Realized ROI: 15.97% – Unrealized PnL: $30.91K

– Wallet 0x7c3e…c899 utilized a Positive DCA strategy on Ethereum, buying $40.10K worth of MAGA at $0.0003888 per token. – Realized PnL: $51.42K – Realized ROI: 61.66% – Unrealized PnL: $119.37K

If the debate prompts both candidates to discuss cryptocurrency positively, it could rejuvenate the Political Memes ecosystem.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post Trump’s Winning Odds Soar To 66%, Crypto Mentions Could Impact Debate appeared first on The Merkle News.

TheRoaringKitty, a prominent figure in the meme token world, has once again demonstrated his significant influence. Fourteen hours ago, he posted a picture of a dog without any accompanying text or sticker.

Despite the lack of explicit endorsement, this simple post triggered a remarkable chain of events.

A new meme token named $CHWY was created shortly after the post, and within just 20 minutes, its value skyrocketed by 1350%, equivalent to a 13-fold increase, with a trading volume of approximately $2 million.

The rapid rise of $CHWY propelled it to the top of the Hot Pair rankings, attracting participation from 10 Smart Money investors and 62 Smart DEX Traders.

$CHWY Pump Was Short-lived With Over 80% Price Drop 

One notable transaction involved Smart Wallet 0x4bfd7, which achieved a return of ~$7,000, translating to a 135.49% ROI, within 1 hour and 28 minutes. However, the meteoric rise of $CHWY was short-lived. Since reaching its all-time high, the price has plummeted by 80%.

$CHWY – KOL @TheRoaringKitty has a very big influence on meme tokens 😳

14 hrs ago, #TheRoaringKitty simply posted a picture of a dog, without mentioning any sticker or name.

At the same time, a pool of this related #Meme name $CHWY was created. Within 20 minutes, it grew 1350%… pic.twitter.com/UWxkYwDhTA

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 28, 2024

The incident highlights the volatile nature of meme tokens and the significant impact that influential figures like TheRoaringKitty can have on the market.

While the initial surge in $CHWY’s value created opportunities for quick gains, it also serves as a reminder of the potential risks and rapid fluctuations inherent in this segment of the cryptocurrency market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post TheRoaringKitty’s Influence Spurs $CHWY Meme Token To Surge 1350% In Minutes appeared first on The Merkle News.

$BLUR is poised to unlock 11.13% of its supply for advisors and investors, with nearly 200 million tokens claimed immediately. This event, occurring six months after the token generation event (TGE), has already led to notable market movements.

2/ Advisors & investors unlock$BLUR is set to unlock for advisors and investors around 11.13% of the unlocked supply 6 months after TGE, with almost 200 million $BLUR claimed immediately.

Within 2 months after unlocking, the price steadily decreased from 0.30X to 0.20X (~33%). pic.twitter.com/bQbdX3NBcF

— Token Unlocks (@Token_Unlocks) June 27, 2024

In the two months following the unlocking, $BLUR’s price steadily declined from 0.30X to 0.20X, marking a significant 33% drop. One major player, a whale, capitulated and deposited 17.71 million $BLUR (worth $3.71 million) to Binance, incurring a staggering $5.79 million loss.

This whale had accumulated $BLUR between December 2023 and March 2024 at an average price of $0.54, only to offload it today at $0.21, representing a 61% loss.

Top Institutions Move A Total Of 44.73 Million $BLUR Tokens, Worth $9.63 Million

The situation for $BLUR worsened following the #Blast airdrop, which triggered a further price decline. In the past two days, five whales, institutions, and smart traders moved a total of 44.73 million $BLUR (approximately $9.63 million) to centralized exchanges (CEX), realizing a combined loss of $13.4 million.

3 hours ago, a whale capitulated and deposited 17.71M $BLUR ($3.71M) to #Binance at a $5.79M loss!

The whale accumulated $BLUR from Dec 2023 to Mar 2024 at ~$0.54 and unloaded at only $0.21 (-61%) just now.

Overall, following the #Blast airdrop that caused $BLUR to plummet, we… pic.twitter.com/mXiF5YOOpb

— Spot On Chain (@spotonchain) June 28, 2024

These events underscore the volatility and risk inherent in the cryptocurrency market. The large-scale sell-offs by significant holders highlight the challenges $BLUR faces in maintaining its value amidst substantial token unlocks and market fluctuations.

As the market responds to these developments, the future trajectory of $BLUR remains uncertain, emphasizing the importance of careful analysis and strategic planning for investors.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post $BLUR Set For Major Unlock, Faces Significant Sell-Off And Price Decline appeared first on The Merkle News.

TON’s tap-to-earn mini apps are making waves in the crypto world, dramatically increasing engagement and usage within the ecosystem. These innovative apps have propelled daily transactions on the TON network to five times that of Ethereum, underscoring their growing popularity.

BREAKING: Daily transactions on TON has flipped daily transactions on ETH for 5x. 🤯

Reply $TON + RT if you pay attention 🫵💎 pic.twitter.com/kVEx0YXOXv

— Viktor 🐯🧡 (@s0meone_u_know) June 28, 2024

The mini apps market on TON is expanding rapidly, continually enhancing the ecosystem with more options and entertainment for users. This growth is attracting more participants and increasing the network’s overall activity.

Analyst Ali Martinez recently highlighted on X that Toncoin is on the brink of a 12% rise, potentially reaching $9 after breaking out of an ascending triangle pattern. This bullish forecast has further fueled interest in TON’s offerings.

#Toncoin is poised for a 12% rise towards $9 after breaking out of an ascending triangle!

I'm heading to @coinexcom to take advantage of their 50% discount on $TON purchases. Learn more here 👇https://t.co/la2PwiuGHC pic.twitter.com/7UXB1WZ5PY

— Ali (@ali_charts) June 27, 2024

Ton Blockchain Records Remarkable Milestone Of $500 Million In USDT Net Circulation 

Moreover, the TON blockchain has seen its USDT net circulation surpass $500 million, indicating strong adoption and trust in the network’s stability and utility.

USDT Net Circulation exceeded $500M on TON Blockchain: a perfect moment to remind that you don't even need TON to send your USDT to a friend if you're using Tonkeeper, thanks to its unique Gasless feature ⛽ https://t.co/gDqTGId9NO

— Tonkeeper (@tonkeeper) June 27, 2024

The combination of innovative mini apps, robust transaction volume, and positive market predictions positions TON as a major player in the cryptocurrency space, promising more developments and opportunities for users and investors alike.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post TON’s Tap-to-Earn Mini Apps Revolutionize Crypto Space With 5x More Daily Transactions Than Ethereum appeared first on The Merkle News.

In a recent transaction, a wallet linked to the Fantom Foundation, identified as 0xa51, sold 357,108 CVX tokens for 1.15 million USDT at an average price of $3.22.

This significant move in the market has brought to light the foundation’s substantial financial loss over the past two years.

Back in March 2022, the wallet invested $12 million to acquire 436,000 CVX tokens at an average price of $28 each. However, over the ensuing two years, these tokens were sold at an average price of only $3.38, yielding a total of $1.49 million.

This translates to a staggering loss of $10.7 million, or 87.8%.

A wallet linked to Fantom Foundation sold 357,108 $CVX for 1.15M $USDT in the past hour, causing the price to drop ~5%.

Notably, this wallet spent $12M to buy 436K $CVX at ~$28 in Mar 2022 and then sold the tokens over the past 2 years at only ~$3.38 ($1.49M).

That is a loss of… pic.twitter.com/DjX6Moavny

— Spot On Chain (@spotonchain) June 28, 2024

Whale Currently Holds 74,634 CVX While Price Reacts 

Currently, the wallet holds 74,634 CVX, valued at approximately $240,000. The recent large-scale sale exerted downward pressure on the CVX market, causing the token’s price to drop by roughly 5%, from $3.40 to $3.22.

This episode underscores the volatility and risk inherent in the cryptocurrency market. The Fantom Foundation’s experience with CVX highlights the challenges of managing large crypto investments and the potential for significant financial loss.

For investors and market participants, this serves as a stark reminder of the importance of strategic planning and risk management in navigating the crypto landscape.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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The post Fantom Foundation Wallet Records Significant Loss On CVX Sale, Impacting Token Price appeared first on The Merkle News.

It is rumored that The Three-Body Universe, the intellectual property (IP) owner of Cixin Liu’s renowned novel titled: The Three-Body Problem , which is the the content base behind Netflix’s highly anticipated series adaptation, will be embarking on a groundbreaking venture into artificial intelligence (A.I). We are told that the Three-Body Universe is negotiating to provide all its franchise IP and private datasets to OpenAI for free and this is fantastic to see. Of course, this potential collaboration is set to transform ChatGPT-4o into a unique platform for Three-Body fans worldwide and techies as well.

A Revolutionary Collaboration, Involving Storytelling And Technology

Further into this partnership between the Three-Body Universe and OpenAI, the plan is to integrate the rich and complex world of “The Three-Body Problem” into ChatGPT-4o. Of course, OpenAI’s ChatGPT-4o, known for its advanced natural language processing and ability to engage users in meaningful conversations, will definitely evolve with access to the entire repository of Three-Body IP and datasets. Consequently, this evolution will make it possible for ChatGPT-4o to offer an immersive experience. Thereby, making fans feel as though they are living within the narrative.

So, the potential collaboration looks to allow ChatGPT-4o to do more than just respond with text. Yes! It will immerse users in the Three-Body Universe. This means, enabling them to engage with the storylines, characters, and intricate scientific concepts of Cixin Liu’s masterpiece. Of course, this will be in ways previously unimaginable. Furthermore, this enhanced interaction could also revolutionize how fans experience the Three-Body world.

In addition, this potential collaboration sets a significant precedent in the space of intellectual property and artificial intelligence (AI). It directly exposes the vast potential of AI not only as a tool for interaction but also as a medium for expanding and enhancing storytelling. Subsequently, it will grow into opening the door for other franchises to consider similar partnerships, leveraging artificial intelligence to bring their worlds to life in many other great ways.

What You Need To Know About Interactive Storytelling

It’s safe to note that with comprehensive Three-Body datasets at its disposal, ChatGPT-4o will look to be able to offer interactive storytelling. Then, users can ask questions and receive very much detailed and contextually accurate responses that align with the Three-Body lore.

Also, they could explore the Trisolaris, get deeper into the mysteries of the three-body problem, or interact with key characters. Thereby, immensely experiencing the narrative dynamically and personally.

Educational and Exploratory Potential Of The Three-Body Universe

Additionally, now beyond entertainment, this partnership also holds a significant educational potential. The scientific concepts and philosophical inquiries embedded in “The Three-Body Problem” can then be explored in depth. ChatGPT-4o could provide explanations, simulations, and discussions that will then enhance users’ understanding and appreciation of the novel’s themes, making it a valuable educational tool.

So, the Three-Body Universe and OpenAI can attract a broader audience to the franchise by offering such notable immersive and interactive experiences for users. By this, newcomers will then have an easier experience getting exposure into the story. Not forgetting, the long-time fans can also deepen their engagement, discovering new facets of the narrative they might have missed.

The Future of the Three-Body Universe And Fans Benefits

Lastly, there’s currently much anticipation among the Three-Body fans and the broader AI community, particularly as discussions progress with the venture moving closer to realization. This is a historical achievement as the integration of Three-Body IP with ChatGPT-4o represents a remarkable step forward in the convergence of technology and storytelling. The potential collaboration promises a future where narratives are not just read or watched but will be lived and experienced in profound new and better ways.

To conclude, this exciting era of innovation highlights the limitless possibilities that come up when creativity meets technology. The Three-Body Universe’s venture into artificial intelligence is a testament to these possibilities, as they’ll offer an immersive journey that brings Cixin Liu’s visionary world to life like never before. So, Fans and enthusiasts can definitely expect an experience that is as enlightening as it is exhilarating, setting a new standard for the future of storytelling and AI as well.

The post The Three-Body Universe’s Bold Leap into Artificial Intelligence appeared first on The Merkle News.

The Real World Asset (RWA) token $ONDO, known as the decentralized investment bank for DeFi, is currently facing bearish market trends, approaching the crucial $1 support level.

Despite these challenges, market analysts foresee a potential reversal, with $ONDO poised to rise alongside Bitcoin ($BTC) in the next bull market cycle.

$ONDO is not in a favorable position in the market right now, approaching the next 1$ support as bearish trends continue. Foresee a reversal, with Ondo poised to rule alongside $BTC in the next cycle's bull rally.Previously we've observed a 270% profit on it. pic.twitter.com/IfVo3pnIEA

— Decilizer (@decilizer) June 27, 2024

Recent on-chain reports from OnchainDataNerd reveal significant activity involving $ONDO.

Approximately 16 million $ONDO tokens, valued at around $19.37 million, were transferred from Coinbase’s custody wallet to several venture capital entities, including Teneo, Arrington, and others, across platforms such as Bybit, Kucoin, and Gate. This substantial transfer occurred just a few hours ago.

Similar Event Two Weeks Ago Resulted In A 20% Price Drop In $ONDO

Notably, a similar event took place three weeks ago, which led to a 20% drop in $ONDO’s price. The recurrence of such large transfers raises concerns about short-term price stability. However, it also highlights the strategic positioning of $ONDO within the portfolios of major institutional investors.

4 hours ago, 16M $ONDO (~$19.37M) were transferred from #Coinbase's custody wallet to #Teneo & #Arrington & other VC on #Bybit, #Kucoin & #Gate.

3 weeks ago, same thing happenned & $ONDO's price dumped ~20%.

Address:https://t.co/UoBXXJewIF pic.twitter.com/qVqNmBUxrI

— The Data Nerd (@OnchainDataNerd) June 26, 2024

Despite the current bearish sentiment, $ONDO’s long-term potential remains strong. The token’s unique value proposition as a decentralized investment bank for DeFi positions it well for future growth. As the market prepares for the next bull rally, $ONDO is expected to play a significant role alongside $BTC, benefiting from increased investor interest and broader market dynamics.

Investors should closely monitor $ONDO’s performance in the coming weeks, particularly as it approaches the $1 support level. The token’s ability to maintain or rebound from this support could signal its readiness for a bullish turnaround.

In conclusion, while $ONDO faces short-term market challenges, its fundamental strengths and strategic institutional backing suggest a promising future. As the DeFi space continues to evolve, $ONDO is well-positioned to capitalize on upcoming market opportunities, potentially leading the next cycle’s bull rally in tandem with Bitcoin.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post $ONDO Approaches $1 Support Amid Bearish Trends But Poised For Future Bull Rally appeared first on The Merkle News.

$MKR has surged by 7% today, leading the list of tokens being accumulated by smart money over the past 24 hours. Notable investors have been taking action, indicating a bullish sentiment towards the token.

One prominent wallet, 0x3737, known as “Thiswillmakeyouloveagain,” has been actively buying $MKR. In the past three hours alone, this wallet purchased 37.35 $MKR, worth $94,562, at prices ranging from $2,521 to $2,526.

Currently, this wallet holds a substantial 452.76 $MKR, valued at $1.15 million. In addition to $MKR, the wallet also has significant holdings of 3.65 trillion $PEPE (worth $46.40 million) and 5.44 million $ONDO (worth $6.44 million).

Another wallet, 0x9b43, identified as “twofoldcap.eth,” has also been accumulating $MKR. In the past seven hours, this wallet acquired 66.55 $MKR for $165,000 at an average price of $2,447.

Currently, it holds 100.81 $MKR, valued at $256,860. Alongside $MKR, this wallet also possesses 1.59K $DMT, worth approximately $144,930.

$MKR – Smart Whales Have Acted, Will You Too? 👨‍💻

Watch details here: https://t.co/9EaswLV79l$MKR topped the list of accumulation by Smart Money in the past 24 hours.

Some Smart Whales have started to take action:

📌 Wallet 0x3737 (https://t.co/kEj1mRJOR5), also known as… pic.twitter.com/35nzDvtW55

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 27, 2024

How $MKR Performance Can Trigger Other Tokens’ Accumulation 

The recent activity by these smart money wallets indicates a strong interest in $MKR. The token’s price increase and accumulation by influential investors suggest a potential bullish trend. The broader cryptocurrency market has been volatile, but the focused buying of $MKR by these significant players highlights its appeal.

As the market watches these developments, $MKR’s performance could set the tone for other tokens. The strategic moves by “Thiswillmakeyouloveagain” and “twofoldcap.eth” reflect confidence in $MKR’s potential, positioning it as a token to watch closely in the coming days.

With $MKR’s price momentum and substantial interest from smart money, the token appears poised for further growth. Investors and enthusiasts will be keeping a close eye on how these trends develop, potentially shaping the future landscape of $MKR and the broader crypto market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post $MKR Soars 7% Amid Smart Money Accumulation, Despite Market Volatility appeared first on The Merkle News.

Litecoin has emerged as the most active blockchain in the world, consistently surpassing Bitcoin ($BTC) and Ethereum ($ETH) in terms of authentic active addresses.

According to data from @intotheblock, Litecoin’s addresses that made one or more on-chain transactions have outpaced those of its more well-known counterparts. This trend underscores Litecoin’s growing adoption as a global currency.

🚨Litecoin is the most active blockchain the world🚨Continuing to surpass #Bitcoin $BTC and #Ethereum $ETH in authentic active addresses. Source: @intotheblock Addresses that made one or more on-chain transactions. #Litecoin ⚡️ $LTC pic.twitter.com/XVEd69k4x7

— Litecoin (@litecoin) June 26, 2024

The increased activity on the Litecoin network indicates a significant rise in its usage for everyday transactions. With more addresses making frequent on-chain transactions, Litecoin is demonstrating its utility as a medium of exchange.

This surge in activity suggests that users are increasingly turning to Litecoin for its speed and low transaction fees, making it a preferred choice for many.

Litecoin’s Limited Supply Boosts Its Adoption 

One of the key factors contributing to Litecoin’s adoption is its limited supply. Litecoin is a provably scarce asset, with a maximum supply capped at 84 million LTC. Currently, over 74.6 million LTC are in circulation.

In economic terms, assets that are scarce and in high demand tend to hold their value and even appreciate over time. This scarcity, combined with increasing demand, positions Litecoin as a valuable digital asset.

Litecoin's limited supply makes it a provably scarce asset. In economics, scarce assets that are in higher demand. Only a maximum of 84 million $LTC will ever exist, of which over 74.6 million are currently in circulation. #Litecoin ⚡️ https://t.co/xmpbTM5dfA

— Litecoin (@litecoin) June 23, 2024

The economic principle of supply and demand plays a significant role here. As more users adopt Litecoin and its utility as a global currency becomes more apparent, the demand for LTC increases. Given its limited supply, this heightened demand is likely to drive up its value, benefiting long-term holders.

Litecoin’s price will rise massively as it’s being adopted as global money.

It will continue to happen for the next two decades.

— master Ⓜ️🕸 (@MASTERBTCLTC) June 26, 2024

In conclusion, Litecoin’s rise in active addresses and its limited supply underscore its growing adoption and potential as a global currency.

As more users transact on the Litecoin network, its position as a valuable digital asset strengthens. This trend not only highlights Litecoin’s current utility but also its promising future in the cryptocurrency space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post Litecoin Surpasses Bitcoin And Ethereum In Active Addresses, Signaling Mass Adoption appeared first on The Merkle News.

Over the past 30 days, Solana has solidified its position as a top contender in the blockchain space, boasting an impressive 290 million decentralized exchange (DEX) transactions, the highest among all blockchains.

Additionally, Solana has attracted over 18 million unique traders, surpassing any other blockchain in this metric. While Ethereum leads in total trading volume, Solana’s user engagement and transaction numbers highlight its growing prominence.

Check out the DEX activity on major blockchains over the last 30D

Solana outperforms with 290M DEX transactions pic.twitter.com/l4IRd56oN7

— Coin98 Analytics (@Coin98Analytics) June 26, 2024

Today, VanEck announced the first application for a Solana spot ETF in the United States, a significant milestone for the blockchain. VanEck emphasized that Solana offers a superior user experience compared to Ethereum.

This follows the 2021 launch of the Solana Trust Fund by Grayscale, designed for institutional and high-net-worth investors. However, it’s important to note that the Trust’s SOL will not be used to earn staking rewards or generate additional income.

VanEck announced the first application for Solana spot ETF in the United States. VanEck said that Solana is a commodity that provides a better user experience than Ethereum. In 2021, Grayscale launched the Solana Trust Fund, which is aimed at institutional investors and high net…

— Wu Blockchain (@WuBlockchain) June 27, 2024

More Light Into The Solana ETF News 

Despite these advancements, Solana faces challenges in its ETF application process. Unlike Bitcoin and Ethereum, Solana does not have a futures ETF, which complicates its path to approval. Furthermore, the SEC previously ruled that SOL is a security, leading to its delisting from platforms like Robinhood.

Nevertheless, Solana’s rapid growth in user transactions and its expanding trader base underscore its potential. The blockchain’s ability to handle a high volume of transactions efficiently makes it an attractive option for users and investors alike.

If VanEck’s spot ETF application is approved, it could mark a significant step forward for Solana, enhancing its credibility and opening new avenues for investment.

As the blockchain industry evolves, Solana’s innovative approach and robust performance metrics position it as a formidable player, poised to challenge established leaders and redefine user experiences in the decentralized finance space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post Solana Emerges As Leading Blockchain With Highest DEX Transactions appeared first on The Merkle News.

Maganomics ($MAGANOMICS) on the Ethereum network has soared to an all-time high, surpassing 20 million in market capitalization.

This token has experienced an extraordinary pump of over 1000% in the past week and is currently up by 90% today.

STRONGLY recommend accumulating a bag of #MAGAnomics down here around 300k. Maganomics on ETH hit an ATH of 20m. Trump has made it clear he’ll be using this phrase throughout debates and going forward if elected. $MAGA #MAGA CA: xyBshKyRVfwWpAWJ65JMcxpDuZerxJ8kFFKQGhxWFaZ pic.twitter.com/qrHmGQHgc1

— SenditSaiyan (@SenditSaiyan) June 25, 2024

The surge in $MAGANOMICS coincides with former President Donald Trump’s declaration that he will be using the term “Maganomics” throughout his debates and potentially during his next term if elected. This political endorsement appears to have significantly boosted the token’s appeal among investors and traders.

In the last 24 hours, $MAGANOMICS has emerged as one of the top two accumulated tokens by Smart Money. Having been listed for just over eight days, the meme coin’s value has skyrocketed by more than 1000%, capturing the attention of the crypto community.

Smart Traders Makes Strategic Moves, Buying $MAGANOMICS

Notably, the past two hours have seen substantial buying volumes from Smart DEX Traders. A particular standout is the activity from wallet 0x536e, which has purchased nearly $31.3K worth of $MAGANOMICS. The owner’s balance suggests a strong conviction, as it appears they have gone all-in on $MAGANOMICS.

$MAGANOMICS is in Top 2 of Accumulated Tokens by Smart Money in the last 24 hours 😎

Check more about $MAGANOMICS here: https://t.co/PYIwigwWYq

This #Meme coin has been listed for about 8 days and has increased by more than 1000%. The past 24 hours recorded an increase of 124%.… pic.twitter.com/dhquIhEiWf

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 26, 2024

This massive influx of investment and the token’s rapid rise underscore the powerful influence of political narratives on the crypto market. The backing by a high-profile figure like Trump has clearly played a pivotal role in driving demand and boosting $MAGANOMICS’s profile.

As $MAGANOMICS continues to capture headlines and attract investors, its future trajectory will be closely watched. The token’s recent performance demonstrates the volatile yet potentially lucrative nature of meme coins, especially those tied to influential public figures and current events.

Whether $MAGANOMICS can sustain this momentum remains to be seen, but for now, it stands as a testament to the unpredictable and dynamic nature of the cryptocurrency market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

The post $MAGANOMICS Hits All-Time High With Over 1000% Pump In 7 Days appeared first on The Merkle News.

LayerZero is making waves in the blockchain space, despite recent slowdowns in farming activities. With a Fully Diluted Valuation (FDV) of under $3 billion, LayerZero $ZRO boasts over 10 times the daily cross-chain message traffic compared to its closest competitors, Wormhole and Axelar Network.

This significant discrepancy in traction versus valuation highlights LayerZero’s potential, especially as it trades within a similar range as its peers.

despite all the heat @LayerZero_Labs gets from the airdrop fiasco + "proof of donation" drama – i am still fairly convinced that $ZRO at the current level of <3bn FDV is a clear bid

a) a weak argument would be that the previous round is raised by 3bn FDV led by @a16z and other… pic.twitter.com/Ende7N7l6d

— Cody (@0xhopydoc) June 25, 2024

Currently, LayerZero has integrated with more than 80 chains and over 54,000 applications, facilitating upwards of 40,000 daily transactions. In stark contrast, Wormhole and Axelar average only 4,000 daily messages. This disparity underscores LayerZero’s superior traction in the interoperability space.

On-chain data from iCrypto.ai reveals substantial accumulation of $ZRO by a whale, potentially linked to Wintermute. The wallet 0xaa7c began accumulating $ZRO five days ago, amassing 262,412 $ZRO (approximately $824,460) at an average price of $3.14.

This holding now represents a significant portion of the wallet’s portfolio. Moreover, six days ago, the same wallet transferred $200,000 worth of $LINK to Wintermute’s address.

🐳 Whale Accumulates Massive $ZRO, Potentially Related to #Wintermute 😎

Data from https://t.co/kFF8LDumzs shows that wallet 0xaa7c (https://t.co/8wu1Yl2tPN) started accumulating $ZRO 5 days ago. 🤔

As of now, the wallet has bought 262,412 $ZRO ($824,460) at an average price of… https://t.co/BRxDJe1QXr pic.twitter.com/bOQ4uSxs4B

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 26, 2024

Exchange Deposits Of $ZRO Becomes More Pronounced, With Significant Outflows From Long-term Holders 

Additionally, Amber Group has recently deposited 500,000 $ZRO (around $1.38 million) to Binance. This comes after receiving 5.69 million $ZRO from LayerZero’s contract, distributing a portion to various exchanges including Bifmex, Binance, Kucoin, and Bitget.

2 hrs ago, Amber Group (0x4e43) deposited 500K $ZRO ~ $1.38M to #Binance

6 days ago, Amber Group received 5.69M $ZRO from the project's contract. After that:

1. Transferred 500K $ZRO to wallet 0x50c3 and it was desperately deposited onto CEXes like Bifmex, Binance, Kucoin, and… pic.twitter.com/Ye7lcPkoTa

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 26, 2024

The trend of depositing $ZRO onto centralized exchanges (CEXes) has become more pronounced, with significant outflows from long-term holders. Despite this, the project’s fundamentals remain strong, making it an attractive prospect for investors.

According to Cody (@0xhopydoc), with LayerZero’s FDV below $3 billion, this price level is deemed reasonable for buying in. Comparing LayerZero to Wormhole and Axelar, he emphasizes the project’s substantial potential at its current valuation.

As LayerZero continues to outpace its competitors in cross-chain transactions, its market position appears robust, suggesting now might be an opportune time to invest.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The much-awaited Blast airdrop is happening today, and the team has released a comprehensive tokenomics report along with key project details.

This event marks a significant step for the Blast ecosystem, aiming to distribute tokens broadly within the community while also supporting core contributors and investors.

The total supply of Blast tokens is set at 100 billion. Half of these tokens, 50%, will be airdropped to the community to encourage widespread engagement. An initial airdrop of 17 billion tokens will be distributed among various groups: 7% to gold farmers, 7% to points farmers, and 3% to Blur stakers. Additionally, the top 1,000 wallets will have a 6-month linear vesting period to ensure stability and sustained interest in the token.

⚡️ Blast Airdrop and Tokenomics!

The airdrop is happening tomorrow. Blast shared the full tokenomics and project report, including key ecosystem applications.

Total Supply: 100BInitial Supply: 17B, all going to the community.

7% – Gold farmers7% – Points farmers3% – Blur… pic.twitter.com/aH3lsyeS1U

— CryptoRank.io (@CryptoRank_io) June 25, 2024

Core contributors will receive 25.5% of the total supply, recognizing their efforts in building and maintaining the ecosystem. Investors are allocated 16.5%, and 8% is reserved for the Blast Foundation to be used as a reserve fund.

Blast announced the token economic model, with a total supply of 100 billion tokens, 50% of which will be airdropped to the community, an initial airdrop of 17 billion tokens, 25.5% to core contributors, 16.5% to investors, and 8% to the Blast Foundation as a reserve fund.…

— Wu Blockchain (@WuBlockchain) June 25, 2024

Airdrop Token Claim Set To Start On June 26th 2PM UTC

The strategic distribution of tokens highlights the project’s commitment to fostering a robust and engaged community while ensuring that key stakeholders are rewarded for their contributions. The Blast token is valued at 3 cents in pre-market assessments, reflecting optimism about its potential in the broader market.

Token claims will commence on June 26th at 2 PM UTC, marking the official launch of the Blast airdrop. This event is expected to generate significant interest and participation from various segments of the crypto community, potentially setting the stage for Blast’s future growth and success.

With its well-planned token distribution and clear commitment to community engagement, Blast is poised to make a notable impact in the cryptocurrency space. As the airdrop unfolds, all eyes will be on how the community responds and how the project’s ecosystem evolves.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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In the last 24 hours, $ZYN has experienced a remarkable increase in trading activity and price, fueled by significant buying from Smart DEX Traders.

The token’s DEX volume has soared to $2.3 million, marking a 312% increase, while its price has jumped by 91.8%, reaching $0.04179.

$ZYN – Insider of $NPC has started buying $ZYN in the past 4 hours 😎

(Watch more about $ZYN here: https://t.co/kpmmKT4FkB)

The DEX volume of $ZYN has increased to $2.3M (+312%), and the token price has also increased by 91.8% in the past 24 hours. Current price is $0.04179.… pic.twitter.com/6c59qSplHG

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 26, 2024

An insider from $NPC has begun accumulating $ZYN over the past four hours, further driving interest in the token.

Notably, wallet 0x4699, which previously made a profit of $1.15 million (1,173%) with $NPC, has purchased 1.7 million $ZYN worth $50,000. This wallet also holds $1.2 million in $USDC, indicating substantial capital backing its trades.

Other Notable Traders Takes Positions On $ZYN

Other Smart DEX Traders have also started to take significant positions in $ZYN:

– Wallet 0x9abd, with a win rate of 58.82%, bought 2.77 million $ZYN for $69,800 at an average price of $0.02515.

– Wallet 0xcc54, with a win rate of 43.53%, acquired 2.77 million $ZYN for $47,614 at an average price of $0.04001.

– Wallet 0x50f2, known for a previous profit of $351,610 (541%) with $ZYN, purchased an additional 575,991 $ZYN worth $22,336 within the last hour, at prices ranging from $0.03778 to $0.04032.

Other Smart Dex Traders have started taking action:

– Wallet 0x9abd (https://t.co/FP6J0OuwMj) with a win rate of 58.82%, has bought 2.77M $ZYN ($69,800) with an average price of $0.02515.

– Wallet 0xcc54 (https://t.co/n60aWnCIAC) with a win rate of 43.53%, has bought 2.77M $ZYN… pic.twitter.com/rc51nFGKa4

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 26, 2024

The increased activity among these high-profile traders suggests strong confidence in $ZYN’s potential. As these Smart DEX Traders, with their notable track records, amass significant amounts of $ZYN, speculation is rife that the token may be poised to return to its all-time high (ATH).

This surge in buying activity and confidence from seasoned traders could indicate a bullish outlook for $ZYN. Investors are closely watching the token, expecting further price appreciation based on the current momentum and strategic accumulation by influential market players.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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Arbitrum’s native token, $ARB, has been trading below $1 for the past two weeks, experiencing a significant 33% drop over the last 30 days.

Earlier today, two wallets associated with @GSR_io deposited a total of 3.466 million $ARB (approximately $3.92 million) to Binance, depleting their $ARB holdings.

10 hours ago, 2 wallets (belong to @GSR_io) deposited totally 3.466M $ARB (~$3.92M) to #Binance.

Those are last $ARB in these 2 wallets.

Addresses:https://t.co/3P0txcWO9Chttps://t.co/BjIjlwO7wE pic.twitter.com/PfxX5V5NWR

— The Data Nerd (@OnchainDataNerd) June 26, 2024

Despite the bearish sentiment, the Arbitrum DAO has proposed an intriguing initiative to launch $ARB staking. The proposal suggests using 50% of surplus sequencer fees to reward $ARB stakers.

With 12,000 ETH in annual fees and $ARB priced at $1, this could offer an attractive 7% annual percentage yield (APY) for stakers.

Arbitrum DAO is proposing to launch $ARB staking.

This time, 50% of surplus sequencer fees will be used to reward ARB stakers.

With 12,000 ETH in annual fees and an ARB price of $1, this translates to a 7% APY.

The catch: tokens must be staked and delegated to a delegate with… pic.twitter.com/MCPeTo54Kq

— Ignas | DeFi (@DefiIgnas) June 25, 2024

The ARB New Staking Proposal Receives Public Acceptance 

The proposal has garnered positive public feedback, even though staking would not commence until at least September. A key aspect of this proposal is the requirement for staked tokens to be delegated to a delegate with a Karma Score.

This score reflects their participation in DAO forums and votes, both off-chain and on-chain. Delegates would earn 1% of the surplus fees, incentivizing active governance participation.

This move aims to fortify the DAO, which currently holds over $50 million in surplus fees in its treasury but sees only 10% of $ARB actively participating in governance.

The limited engagement makes the DAO susceptible to attacks. By sharing a portion of its revenue with token holders, the DAO seeks to enhance its security and incentivize more active participation.

As regulatory environments improve and successful proposals like this one are implemented, it is hoped that other DAOs with substantial treasuries will adopt similar revenue-sharing mechanisms. This could lead to a more robust and participatory governance model across the decentralized finance ecosystem.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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DWFLabs has just completed the sale of their final 24 million $JASMY tokens, marking the end of their contract with Jasmy, which was set to conclude in August of this year.

This significant move hints at the possibility of Jasmy engaging a new market maker soon.

#jasmy @DWFLabs just cleared out their final 24M $jasmy

If I remember correctly, their contract with @JasmyMGT was supposed to end in August of this year, so it’s possible that Jasmy works with a new market maker soon. pic.twitter.com/6UnaFoKtlh

— DipMehtaVerse (@DipMehtaVerse) June 25, 2024

Earlier this year, DWFLabs executed a notable transaction involving $JASMY tokens. On June 26, 2023, they withdrew 700 million $JASMY from Gateio at a price of $0.004384.

This withdrawal came immediately after the Jasmy Deployer deposited the same amount into the centralized exchange. Over the past year, DWFLabs strategically deposited these tokens into Binance at an average price of $0.01788, realizing a remarkable 308% gain.

DWF Labs (@DWFLabs) just deposited the last 24M $JASMY ($731K) to #Binance ~33 mins ago.

Notably, DWF Labs has a 1-year contract as an MM of @JasmyMGT that will expire in Aug:

• They withdrew 700M $JASMY from #Gateio at $0.004384 on Jun 26, 2023, right after Jasmy Deployer… pic.twitter.com/TEJuDlWL1Z

— Spot On Chain (@spotonchain) June 25, 2024

Market makers like DWFLabs play a pivotal role in the cryptocurrency ecosystem, providing essential liquidity and stability. Their recent trades in $JASMY underscore this influence. By facilitating smoother transactions and reducing price volatility, market makers ensure a more reliable trading environment for investors.

The completion of DWFLabs’ contract with Jasmy and their final $JASMY trade signals a potential shift in the token’s market dynamics. With DWFLabs no longer in the picture, Jasmy might seek out a new market maker to continue ensuring liquidity and market stability. This transition could bring new opportunities and strategies for $JASMY trading, influencing its future price movements and market behavior.

Investors and traders will be keenly watching for any announcements from Jasmy regarding a new market maker. The expertise and strategies of the incoming market maker will be crucial in maintaining the momentum and stability that DWFLabs has provided over the past year.

As the market adjusts to these changes, the role of market makers in the crypto space remains as critical as ever, highlighting their impact on trading environments and investor confidence.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

The post DWFLabs Completes Final $JASMY Trade As Contract Nears End appeared first on The Merkle News.

In the past 24 hours, the Water team has come under scrutiny for allegedly selling a substantial amount of $WATER tokens.

On-chain analysis by Lookonchain revealed that the developers transferred 844.44 million $WATER to 11 new wallets that did not participate in the pre-sale. These wallets have since sold the $WATER tokens, amassing over 18,600 $SOL, equivalent to $2.35 million.

Is the #WaterCoin team selling $WATER?

We noticed that the dev transferred 844.44M $WATER to 11 new wallets that didn't participate in the pre-sale.

These 11 wallets are selling $WATER and have obtained more than 18,600 $SOL($2.35M) by selling $WATER! pic.twitter.com/PWItcb06RN

— Lookonchain (@lookonchain) June 24, 2024

One notable transaction saw an individual make an impressive 22,379 $SOL ($2.9 million) in under 20 minutes. This individual created a new wallet just five hours ago and withdrew funds from Bybit.

They then spent 16,900 $SOL ($2.1 million) to snipe 612.23 million $WATER (22.71% of the pooled $WATER) in the same block where the deployer added liquidity. Subsequently, they sold all the $WATER tokens, netting 39,279 $SOL ($5 million) in the process.

Someone made 22,379 $SOL($2.9M) on $WATER in less than 20 minutes!

This guy created a new wallet 5 hours ago and withdrew funds from #Bybit.

Then he spent 16,900 $SOL($2.1M) to snipe 612.23M $WATER(22.71% of the pooled $WATER) in the same block where the deployer added… pic.twitter.com/eRIu0y8rvx

— Lookonchain (@lookonchain) June 24, 2024

Another sniper also engaged in this frenzy, spending 15,000 $SOL ($1.9 million) to snipe 177.9 million $WATER. However, this individual’s strategy did not yield the same lucrative results.

$WATER Token Whale Loses Over 5,694 $SOL

After selling all their $WATER tokens, they only managed to recover 9,306 $SOL ($1.2 million), resulting in a loss of 5,694 $SOL ($716.4K) within a mere 10 minutes.

Not all snipers can make money!

If you are not familiar with sniping, please do it with caution.

This sniper spent 15K $SOL($1.9M) to snipe 177.9M $WATER, which is less than what other snipers bought.

So he got only 9,306 $SOL($1.2M) back after selling all and lost 5,694… pic.twitter.com/v1uwfti8hM

— Lookonchain (@lookonchain) June 24, 2024

These events have sparked considerable controversy and debate within the crypto community. The transfer of $WATER tokens to new wallets and their subsequent sale has raised suspicions about the Water team’s intentions and transparency. Moreover, the actions of the snipers underscore the highly volatile and risky nature of cryptocurrency trading, where fortunes can be made or lost in a matter of minutes.

As the situation unfolds, investors and traders will be closely monitoring the Water team’s next moves and the market’s reaction. This episode serves as a stark reminder of the rapid and often unpredictable dynamics of the cryptocurrency market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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An early investor in $WIF has made headlines again by purchasing 938,434 $WIF tokens, valued at $1.6 million, today.

This individual previously acquired 3.58 million $WIF, now worth $6.6 million, during December 9 and December 13, 2023, at a remarkably low cost of just $21,000.

With this latest purchase, their total holdings now stand at 3.97 million $WIF, worth approximately $7.3 million.

An early buyer of $WIF bought 938,434 $WIF($1.6M) again 4 hours ago.

This guy bought 3.58M $WIF($6.6M currently) on Dec 9 and Dec 13, 2023, at a cost of only $21K.

He currently holds 3.97M $WIF($7.3M).https://t.co/XNnO3JaFdb pic.twitter.com/hPaOSusAr0

— Lookonchain (@lookonchain) June 25, 2024

The $WIF token has experienced a notable resurgence, climbing back to $2 with a 20% increase today. This surge has reignited interest among investors, including a whale who previously incurred a significant loss on $WIF.

Whale Spends 3.77 Million USDT To Buy Back $WIF Tokens

This whale, who lost $4.63 million, has now spent 3.77 million $USDT to buy back 2.06 million $WIF tokens. Despite the $WIF price rise, this investor’s average buying price is $1.83, illustrating a strategy of selling at a lower price and then buying back at a higher price.

This whale, who lost $4.63M on $WIF, spent 3.77M $USDT to buy 2.06M $WIF back after the $WIF price rose.

His average buying price is $1.83, selling at a low price and then buying at a higher price.https://t.co/7xutjIzMGs pic.twitter.com/d5glbGKsyq

— Lookonchain (@lookonchain) June 25, 2024

The renewed activity around $WIF highlights the token’s volatile nature and the high-stakes strategies employed by significant investors. The early buyer’s confidence, demonstrated by their substantial reinvestment, suggests a strong belief in the token’s future potential. Conversely, the whale’s decision to repurchase $WIF despite a previous loss indicates a potential shift in market sentiment or a strategic move to mitigate earlier losses.

These developments underscore the unpredictable dynamics of the cryptocurrency market, where rapid price movements can lead to significant gains or losses. Investors and traders will be watching closely to see how $WIF performs in the coming days, particularly in light of these high-profile transactions.

As $WIF continues to attract attention, its market trajectory will be an interesting case study in investor behavior and market psychology within the crypto space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post Early Buyer Reinvests In $WIF As Token Surges 20% appeared first on The Merkle News.

Rollbit, a prominent cryptocurrency sportsbook and casino, has seen significant growth recently in its token $RLB value.

The platform, which debuted in 2019 and offers gaming, sports betting, futures trading, and NFT options, experienced a 20% price surge in the past 24 hours and a 30% increase over the last week.

Data from iCrypto.ai reveals that a smart money investor, identified as wallet 0x209d, purchased 1.36 million $RLB worth approximately $101.3K in the last 12 hours. This entire amount was then transferred to wallet 0x5f89, bringing its total holdings to 5.9 million $RLB, valued at around $436.23K.

Notably, wallet 0x5f89 had been inactive for over seven months but became active again in the last two days. This wallet was previously active during a period of 50%-146% growth for $RLB, seven to eleven months ago.

According to analysis by @Izzybelleth, $RLB has significant potential, largely due to its “buy and burn” mechanism.

Projections Places $RLB Token Price At $3.39 Within A Year 

This mechanism is expected to drive a substantial price increase, potentially raising $RLB from its current $0.0642 to $3.39 within a year. The analysis compares $RLB to the $OHM project but highlights that $RLB has a stronger foundation due to its actual revenue.

$RLB – A Gambling Season Contender?

According to data from https://t.co/kFF8LDumzs, Smart Money 0x209d (https://t.co/qxCitmFO8q) has purchased 1.36M $RLB ~ $101.3K in the last 12 hours.

Immediately, the wallet 0x209d has transferred the entire amount to 0x5f89… pic.twitter.com/4EVocvPPMe

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 25, 2024

Rollbit’s platform, which has been operational for five years, is expanding into new markets, including China, further bolstering its growth prospects. The recent surge in $RLB’s price, coupled with strategic investments from notable wallets, underscores the growing confidence in Rollbit’s long-term potential.

As Rollbit continues to innovate and expand, its $RLB token is positioned for continued growth, making it a cryptocurrency to watch in the coming months. The strategic activities of key investors and the platform’s robust foundation suggest a promising future for $RLB.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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The post Rollbit Gains Momentum: $RLB Surges 20% In 24 Hours As Smart Money Bets Big appeared first on The Merkle News.

Today’s memecoin rally has seen notable increases, with $STONKS and $WOLF rising by 25% and 14%, respectively. Reports indicate that insiders of these coins have been strategically active, buying into a new memecoin, further fueling the market excitement.

Data from iCrypto.ai reveals that two smart wallets, which previously made significant profits on $WOLF and $STONKS, are behind these latest moves. These wallets achieved impressive returns, with one making a 190x profit on $WOLF and the other a 510x profit on $STONKS.

Insider of $WOLF: In April 2024, the wallet 0xa1f0 (icrypto.ai/wallet/0xa1f00…) purchased 17.05 billion $WOLF for $8,063, at an average price of $0.0000004721. During the initial pump, this wallet sold 15.84 billion $WOLF and still holds 1.21 billion $WOLF, now valued at $95,000. This resulted in a total profit of $51,970, a staggering 19,000% return.

Insider of $STONKS: In May 2024, the wallet 0xa9bf (icrypto.ai/wallet/0xa9bf1…) bought 7.05 billion $STONKS for $434, at an average price of $0.00000076163. The wallet sold 6.05 billion $STONKS during the initial pump and retains 1 billion $STONKS, currently worth $19,500. This trade brought in a total profit of $189,970, reflecting a remarkable 51,000% return.

Insiders of $WOLF and $STONKS have just bought a new #Meme 🐳

Data from https://t.co/kFF8LDumzs will show you 2 Smart Wallets that got their profit 190x on $WOLF and 510x on $STONKS respectively.

1. Insider of $WOLF:

In 04/2024, the 0xa1f0 wallet (https://t.co/0mNJoilr2k)… pic.twitter.com/iRR09k3wSt

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) June 25, 2024

These two individuals have resumed their activity, accumulating a new memecoin over the past four days. Their strategic moves and previous success have not gone unnoticed, likely contributing to the recent price surges in $STONKS and $WOLF.

The memecoin market continues to capture the attention of traders and investors, with strategic insider activity playing a significant role in driving price movements. As these smart wallets remain active, the market watches closely for potential new opportunities and further rallies.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

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The post Memecoins Rally: $STONKS and $WOLF Surge As Insiders Make Strategic Moves appeared first on The Merkle News.