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Elon Musk has doubled down on his support for Dogecoin’s inflationary model, calling it a "feature, not a bug." In a recent Twitter exchange, Musk defended the meme coin's 10,000 new coins minted every minute, arguing that its flat inflation model makes it ideal for everyday transactions. Dogecoin co-founder Billy Markus agreed, saying the model makes it perfect as a currency. Musk's stance aligns with Mark Cuban, who has long championed Dogecoin for its accessibility in payments. Will Dogecoin evolve as a store of value or stay a fun, practical currency? #DogecoinCommunity #ElonMusk #Memecoin $DOGE
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215 Arrested in South Korea's $222M Crypto Scam . A popular YouTuber and 214 others have been arrested for defrauding 15,000 victims in a massive crypto investment scam. Promising "20x returns," they issued worthless coins, manipulated markets, and encouraged victims to take out loans. Over 300 billion won (~$222M) was stolen. Authorities have seized assets, including Bitcoin, and are warning against high-return schemes. Do your research & be cautious of too-good-to-be-true investments! #SouthKoreaCrypto #DYOR
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Ethereum ETFs are seeing a major surge in inflows, with BlackRock’s iShares Ethereum Trust leading the charge. On Nov 12, spot Ether ETFs recorded $135.9M in net inflows, pushing total inflows to $107.2M. BlackRock’s fund saw $131.4M in new investments, bringing its total to $1.67B. This growth coincides with Ethereum’s impressive 32% price surge, now over $3,400. As institutional interest grows, crypto ETFs are becoming a key bridge to mainstream crypto adoption. #Ethereum #BlackRock #EthereumETFs $ETH
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Pnut token surged 100% in 24 hours, sparking massive FOMO! But one trader, who bought 19.4M Pnut for 8 SOL ($1,366), sold at a huge loss of $669—just before the rally. Now, those tokens are worth ~$17M! 😱 A painful reminder of the volatile crypto market where timing is EVERYTHING. $PNUT #PnutToken #FOMO #PNUTPower
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