Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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TokenTrump-Linked DJT Token Skyrockets 230,000% Despite Controversy
DJT, a meme coin that has been linked to Donald Trump, has skyrocketed despite most celebrity coins crumbling, even as the industry debates who is behind the token. Investor Martin Shkreli has claimed that he partnered with Donald Trump’s teenage son, Barron, to develop the coin, but the industry continues to place bets, including $2.1 million on Polymarket. DJT, the native token of the Save America movement, has skyrocketed over the past two days, even as debates on who is…
12 months ago
BREAKING: Rumor – Did Donald Trump Create His Cryptocurrency Called DJT Token? Price Explodes 180%
The launch of a Donald Trump-backed meme coin, DJT, could further solidify his support for the cryptocurrency industry ahead of this year’s elections. The unconfirmed rumors have caused a major bloodbath for the PoliFi tokens that had emerged in the past few months led by MAGA and MAGA Hat. As the cryptocurrency industry experienced heightened liquidation fueled by the Bitcoin (BTC) price drop below $66k in the past 24 hours, rumors of a possible Solana (SOL)-based meme coin backed by…
12 months ago
Bitcoin Trader Warns of Devastating Crypto Cash In 10 Days, but This Ethereum Token Will Stay Afloat
The post Bitcoin Trader Warns of Devastating Crypto Cash In 10 Days, but This Ethereum Token Will Stay Afloat appeared first on Coinpedia Fintech News Bitcoin (BTC) exerts significant influence on the rest of the crypto market, and its current bearish slump is taking its toll on top altcoins. The general sentiment on Bitcoin is undecided, but smart money traders are already bearish. The general greed counters their bearish sentiments to buy the dip in BTC from other investors. Bitcoin…
12 months ago
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TokenDJT Token Mystery SOLVED? Martin Shkreli Reveals Involvement
The post DJT Token Mystery SOLVED? Martin Shkreli Reveals Involvement appeared first on Coinpedia Fintech News Martin Shkreli, famously known as ‘Pharma Bro’, has caused a stir by revealing his involvement in creating DJT, a new token built on the Solana blockchain. The token’s launch has sparked considerable interest, fueled by speculation linking it to Barron Trump, the former US President’s son. https://t.co/J3eNtLOGKN— Martin Shkreli (e/acc) (@MartinShkreli) June 19, 2024 Shkreli disclosed his role in DJT’s inception during a June…
12 months ago
PolitiFi Token Trend Grows But Trump Token is Rejected by Kraken and Other Exchanges: 3 Alternative Meme Coins to Buy
The post PolitiFi Token Trend Grows But Trump Token is Rejected by Kraken and Other Exchanges: 3 Alternative Meme Coins to Buy appeared first on Coinpedia Fintech News Crypto keeps evolving and the latest trend is “PolitiFi” cryptocurrencies, which pay homage to political figures, like former U.S. President Donald Trump. However, centralized exchanges are rejecting the sector’s frontrunner, TRUMP, because it is “too political.” So later in this article, we examine three alternative meme coins to buy instead. Crypto PolitiFi…
12 months ago
Kinetix Unveils AI-Powered DeFi Suite Ahead of KAI Token Launch on June 20
DeFi platform Kinetix recently sparked waves across the Web3 arena as it announced a suite of unique artificial intelligence (AI) integrations to revolutionize crypto trading — providing users with next-gen tools and streamlined experiences. The platform will inculcate AI to a spectrum of applications including strategy engines, bots and LLMs (Large Language Models) for simplified crypto research, order execution, and platform navigation. Over the past year, the project has grown significantly, boasting impressive on-chain metrics, including over $1.5 billion in…
12 months ago
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TokenMartin Shkreli Claims Of Co-creating DJT token: ZachXBT
The post Martin Shkreli Claims Of Co-creating DJT token: ZachXBT appeared first on Coinpedia Fintech News Martin Shkreli has claimed that he has co-created the DJT, a Solana token themed after Donald Trump, as revealed by ZachXBT on X. ZachXBT further supported the alleged link between DJT and Shkreli with data indicating a large DJT holder selling off $832,000 worth of tokens for USDC stablecoin. Notably, the same wallet also held substantial tokens from Shkreli’s project, Shoggoth.ai. Previously, Shkreli had…
12 months ago
Trump-Inspired Memecoins Crash 30% After Rumors Of Trump’s Official Token Launch
The crypto industry has been a crucial topic in the electoral campaign for the November US presidential elections. This year, presidential candidates have embraced cryptocurrencies to obtain the industry’s support. As a result, the community has capitalized on the momentum with Memecoins. PolitiFi tokens, a new memecoin category inspired by political figures, have performed remarkably this Q2. Trump-inspired tokens have been the talk of the town after the Republican candidate started endorsing cryptocurrencies. However, these memecoins have suffered a massive…
12 months ago
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TokenNummus Casino Announces the Presale of $Nummus Token with Unique Rewards and Bonuses
Nummus Casino, the popular web and Telegram-based casino and sportsbook, is excited to announce the launch of its highly anticipated $Nummus Token presale on June 17th, 2024. Aiming to revolutionize the $80 billion global online gambling industry, this new digital currency will seamlessly integrate into the Nummus ecosystem, offering an unparalleled experience for all users. The casino, which already features sports betting, casino games, and crypto favorites like Spaceman and Aviator, will offer 50 million $NUMMUS Tokens through Nummus Casino.…
12 months ago