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Hi Guys, Blast Memecoin Pacmoon Migrates to Solana, Rebrands to ARMY. Blast’s largest meme coin is moving networks to Solana, claiming that building on the network was ‘an uphill battle.’ Blast meme coin Pacmoon (PAC) is migrating to Solana, less than four months after launching on the Ethereum layer-2 scaling network. The move will see the token renamed ARMY, as revealed by a promotional Twitter video. As per Pacmoon’s official site, users are encouraged to connect their Blast wallet, enter their Solana address, then burn their PAC tokens in order to be airdropped ARMY tokens—at an exchange rate of 1 PAC for 10 ARMY. WE ARE MIGRATING TO SOLANA This will need to be done by August 14 as the Solana ARMY tokens will be airdropped the next day. “It is clear to us that Solana will continue being the #1 place for memecoins this cycle,” Pacmoon’s pseudonymous founder, Bobby Big Yield, posted on Twitter. “New retail traders are onboarding to SOL and crypto natives are rotating into it. SOL’s strength provides a massive boost to every coin on its chain.” Solana has hosted some of the biggest meme coin winners of this cycle. Dogwifhat (WIF) broke a market cap of $4.5 billion in March while other meme coins such as Popcat (POPCAT), Michi (MICHI), and Billy (BILLY) have all broken past $100 million. As for PAC on Blast, it tipped the $100 million mark on two occasions but struggled to sustain major success. “Building on Blast has always been an uphill battle for us.” Blast team member, Lamboland, posted on Twitter, “We think that tokens, community, and culture are what make a blockchain successful. However, Blast never focused on that.” The Blast network has struggled to sustain user activity since its hyped launch earlier this year. The network drew attention through giveaways of Blast Points and Gold earned by interacting with dapps in its ecosystem, which would later determine the size of users airdrop. $SOL #TONonBinance #XRPVictory #MarketDownturn #Write2Earn! #MemeWatch2024

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Hi Guys, It's Big & Big #alert About $SHIB Futures !!! Shiba Inu Lead Reacts to Musk-Trump Interview, Says Crypto Future Looks Bright Shiba Inu lead reacts as the upcoming interview between Elon Musk and Republican presidential candidate Donald Trump generates excitement within the crypto community. Moments after Elon Musk, known for his pivotal roles at SpaceX and Tesla, confirmed the upcoming interview with US presidential candidate Donald Trump, Shiba Inu lead developer Shytoshi Kusama expressed his excitement on X. Kusama highlighted the bipartisan support for cryptocurrency, stating that regardless of political stance, the enthusiasm for crypto from both candidates signals a bright future for the industry. Trump’s Embrace of Cryptocurrency Notably, Donald Trump’s advocacy for Bitcoin has become increasingly evident, especially with his recent participation in major crypto events. During the Bitcoin conference in Nashville, Tennessee, he emphasized the importance of holding onto Bitcoin, reflecting his deepening connection with the crypto community. His commitment to Bitcoin is further highlighted by his inclusion of pro-Bitcoin rhetoric in his campaign speeches and his choice of a pro-Bitcoin running mate, J.D. Vance, for his 2024 campaign. Harris’ Strategic Moves in the Crypto Space Kamala Harris, who stepped into the Democratic presidential race after President Joe Biden withdrew, has also shown an interest in the cryptocurrency sector. Although she did not attend Bitcoin 2024 as previously teased, her campaign has made strategic appointments considered potentially bullish to the industry. Notably, former Obama aide and past member of the Binance Global Advisory Board, David Plouffe, has been appointed as her senior adviser for strategy. Diverse Opinions Arise Kusama’s comments sparked widespread discussion on X, with users voicing diverse opinions about the political landscape and cryptocurrency. #TONonBinance #MarketDownturn #BinanceTurns7 #Write2Earn!

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Hi Guys, It's Big & Big #Update About Crypto Volume Jumping 19% !!! Crypto trading volume jumps 19% for first time in four months Crypto trading volume surged 19% in July, hitting $4.94 trillion, marking its first increase in four months, according to CCData. In July, global crypto trading volumes on centralized exchanges rose 19% to $4.94 trillion, marking the first increase in four months, per CCData latest research report. The firm attributes the surge in volume to the launch of spot Ethereum exchange-traded funds in the U.S. and positive sentiment expressed by U.S. political figures at the Bitcoin conference in Nashville, Texas. The report indicates that both spot and derivatives trading volumes on centralized exchanges saw significant growth, with spot trading volumes rising 14.3% to $1.44 trillion and derivatives trading volumes increasing by 21% to $3.50 trillion. The share of the derivatives market climbed to 70.9%, the highest level since December 2023. CCData says Bybit emerged as a top performer in July, with its spot trading volume increasing by nearly 23% to $132 billion, the third-highest monthly volume in the exchange’s history. This boost in trading activity helped Bybit achieve a record market share of 9.18%, cementing its position as the second-largest spot exchange. Despite this, Binance retained its position as the largest spot exchange with a market share of 28.1%, though this represents a decline of 4.9% from the previous month, the report reads. In the derivatives market, Binance also maintained its dominance with a 43.5% market share, followed by OKX at 19% and Bybit at 15.1%. The report also highlights a significant spike in volatility in early August, which led to the second-highest daily spot trading volume since May 2021, a time when China’s ban on Bitcoin BTC0.73%Bitcoin mining disrupted global markets. #TONonBinance #XRPVictory #MarketDownturn #BinanceTurns7

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Hi Guys, It's Big & Big #alert About $BTC Selling Pressure of Whales !!! Bitcoin Facing Selling Pressure From New Whales as BTC Hovers at $57,000 "Most selling is coming from new whales," the CryptoQuant Head of Research wrote, "old whales are basically not selling." A perfect storm is brewing in the cryptocurrency market, as Bitcoin's price struggles to gain traction despite a recent uptick. While the flagship cryptocurrency managed a modest 0.5% gain to $57,350 in early European trading, according to data from CoinGecko. But underlying market dynamics tell a more complex story. A key factor contributing to Bitcoin's price weakness is the aggressive selling by new whales. According to data shared on Twitter by CryptoQuant Head of Research Julio Moreno, these newly-minted large scale investors dumped a staggering $688 million worth of Bitcoin on August 5 alone—the largest single-day of loss since May 2021. "Most selling is coming from new whales," he wrote, "old whales are basically not selling." The implications of this whale behavior are far-reaching. This selling pressure has exerted downward pressure on Bitcoin's price, offsetting some of the bullish sentiment generated by other factors. For starters, BRN analyst Valentin Fournier said investors should keep an eye on the U.S. initial jobless claims data being released later today. “Bitcoin is slowly building momentum, showing upward pressure over the last three days after bouncing back from the market slump on Monday. It failed to push past $58,000 yesterday but seems to be on the right track,” he wrote in a note shared with Decrypt. “Initial jobless claims released later today could calm economic recession fears and help maintain the positive momentum.” #TONonBinance #MarketDownturn #BinanceTurns7 #Write2Earn!

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