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Breaking đ„
Tronâs SunPump Overtakes Solanaâs Pump.Fun as the Top Memecoin Platform
Tronâs SunPump platform has rapidly emerged as a dominant force in the memecoin space, overtaking Solanaâs Pump.Fun in daily token launches. In the last 24 hours, SunPump minted 7,352 tokens, surpassing Pump.Funâs 5,694, signaling a significant shift in trader interest. This surge has propelled Tronâs memecoin $SUNDOG to a remarkable $190 million market cap, far exceeding the top tokens from Pump.Fun.
This migration of traders to Tron has led to a dramatic increase in the platformâs activity and revenue. Tron recorded 2.35 million active wallet addresses, more than double Solanaâs 967,000, and saw its daily fees soar to an all-time high of $3.84 million. With a higher token listing rate on Sunswap compared to Raydium, SunPump is quickly becoming the preferred launchpad for traders seeking new opportunities in the memecoin market.
TRON's stablecoin USDD has announced a strategic pivot to TRX-centric backing, a move that has ignited significant debate within the cryptocurrency community. The decision to rely more heavily on TRX, TRON's native token, for USDD's collateralization has raised concerns about the stability and risk management of the stablecoin.
Critics argue that this shift could expose USDD to increased volatility, given TRX's fluctuating market performance. This development comes amid heightened scrutiny of stablecoins by global regulators, adding another layer of uncertainty to an already volatile market. The future of USDD remains uncertain as stakeholders await further clarifications from TRON's leadership.
đ„ @carv_official COINâS FUTURE PROSPECTS: A Web3 Revolution or Hype Train?đđ„
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đš What CARV Coin Could Bring to the TableâAnd Why You Should Pay Attention NOWđš
đĄ DATA DOMINATION: CARV Coin is on a mission to revolutionize how data is handled in Web3. Imagine lightning-fast, secure data exchange across gaming, AI, and beyond. If CARVâs promises come through, this coin could turn Web3 into the Internet 2.0! đČ
đź GAMING ON A WHOLE NEW LEVEL: With CARVâs end-to-end data flow for gaming platforms, the Web3 gaming scene might never be the same. Weâre talking about seamless experiences and real-time verification that could change how players interact with decentralized games. Ready Player One, anyone? đčïž
đ€ AI INTEGRATION: CARV isn't stopping at gamingâtheyâre bringing AI into the mix! Imagine AI models trained with decentralized data flows, making them more powerful and secure than ever before. This could be the ultimate AI + Web3 combo, putting CARV miles ahead of the competition. đ„đ»
đ TOKENOMICS THAT MATTER: CARVâs bold approach to tokenomics has everyone talking. This isnât just a flashy coin; its unique value distribution model means more growth opportunities for early adopters. Could this be the golden ticket to Web3 wealth? đ€đ°
đ„ THE RISK FACTOR: But letâs keep it realâitâs a risky game. CARVâs ambition is sky-high, and while the potential is MASSIVE, so is the possibility of failure. Are you ready to bet on the future? The rewards could be astronomical, but donât forget the downside. đâ ïž
đ THE FINAL WORD: CARV Coin is setting itself up as the backbone of Web3, and if even HALF of what they promise comes true, this could be the most exciting project of 2024. Ready to join the revolution or still on the fence? Let us know! đŹđ„
$SOL $DOGE $TON
#CARVingTheFutureOfData #BinanceWeb3Airdrop #MtGoxRepayments #BinanceLaunchpoolDOGS #CryptoMarketMoves
The largest holder of WIF, with over $68M in profit, is buying more and going long on #WIF
In the past 3 days, he deposited 21.9M WIF ($35.48M) into #Kamino and borrowed 3.24M USDC, then spent 2.7M #USDC to buy ~1.8M WIF
This whale spent $226K to buy 19.86M WIF at only $0.0114 from Dec 13 to Dec 15, 2023, then registered a domain of "binance-insider.sol" and spent 86,738 #SOL ($8.92M) to buy 17.23M WIF in one transaction.
This whale currently holds 27.2M WIF ($44.36M), with a total profit of more than $68M #Binance
SunDog Initiates Buyback and Burn of SUNDOG Tokens.
On August 23, SunDog announced on social media that profits from trading fees generated by SUNBOT over the past 30 days will be allocated to buying back and burning SUNDOG tokens, according to BlockBeats.
On August 22 alone, SUNBOT achieved nearly $20 million in trading volume, attracting over 40,000 users and generating $150,000 in trading fees. Following this, more than $50,000 worth of SUNDOG tokens were bought back and burned on August 23. This buyback and burn initiative is set to continue for the next 28 days.
#SUNDOG #Write2Earn! #CryptoMarketMoves #LowestCPI2021 #BTCâ $BTC
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đ Bitcoin Whale Sheds Holdings Amid Ongoing Market Volatility.
A prominent Bitcoin whale, associated with the address 35TZj, has recently decreased its holdings amid market fluctuations, according to Odaily. This whale began accumulating Bitcoin in July, with an average purchase price of $63,878. Approximately 30 minutes ago, the whale sold 300 BTC, amounting to roughly $18.25 million.
Previously, between July 10 and July 23, the whale had withdrawn a total of 855 BTC from exchanges. During the market crash on August 5, the whale panic-sold 297 BTC. Factoring in todayâs sale, the whale has incurred a total loss of nearly $4.08 million. The address still holds 259 BTC, with an unrealized loss of $805,000.
#BTCâ #CryptoMarketMoves #Write2Earn! #ETHETFsApproved #BlackRockETHOptions $BTC
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$ETH
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$BNB
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đ#FLOKI Double Bottom Bullish Structuređ
đ§ After making a weekly correction, we constructed a double bottom bullish structure near the weekly buy zone. At present, we have reached the stage resistance zone and encountered resistance. If there can be a good callback, I will consider placing some long orders. If you make a horizontal consolidation breakthrough, you can pay attention to the entry opportunities during the breakthrough.
Letâs see đ
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#Wolf_king88 $FLOKI
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Franklin Templeton, a prominent global investment firm, has launched its tokenized money market fund on the Avalanche blockchain, as announced by the Avalanche Foundation on Thursday. This development marks a significant step in the integration of traditional finance with blockchain technology. However, the broader market sentiment remains cautious. Regulatory uncertainties and market volatility continue to pose challenges. While this move by Franklin Templeton demonstrates confidence in blockchain's potential, the overall outlook for the industry is tempered by ongoing scrutiny and the need for clearer regulatory frameworks.