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A Mahmood
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Wave of Fake Political Tokens Exploits Public Figures as Solana Scams Surge in 2025 The explosive rise of a fake Eric Trump token on Solana is just the latest in a long-running pattern of crypto scams targeting political figures to exploit their influence, and the Trump family’s active presence in the space appears to be fueling it. Since the high-profile launches of $TRUMP and $MELANIA, the crypto sector has seen an explosion of politically themed tokens. According to a Financial Times report, over 736 imitation tokens were deposited into the official Trump wallet, presumably to confuse investors or make fraudulent coins appear endorsed by the president. A closer look shows that 192 tokens now use Trump family names, 67 of which falsely brand themselves as “official.” Some even extend the deception to Trump allies, like Tesla CEO Elon Musk, whose name appears in at least 35 newly launched tokens. While political meme coins have brought crypto further into the mainstream, they’ve also opened the floodgates for bad actors. Public figures across the globe have become frequent targets. In April, UK Labour MP Lucy Powell’s verified X account was hijacked to promote a bogus Solana-based token, the “House of Commons Coin.” Despite a quick takedown, the post leveraged Powell’s official crest and nearly 70,000 followers to lend credibility. It netted only £225 in profit, but illustrated how easy it is for scammers to hijack public trust. Similar incidents have hit political figures in Argentina, Ghana, and the Philippines, while journalists and crypto media accounts like Watcher.Guru have also been compromised. As celebrity and political endorsements continue to bleed into Web3, analysts warn that every high-profile token is now a potential launchpad for deception. #solana #memecoin🚀🚀🚀 #TrumpCrypto #EricTrumpCoin #ERIC_TRUMP $TRUMP $SOL
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Ethereum revisits December 2024’s market signs
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Can PEPE Reclaim Its $11B Peak or Is a Major Pullback Ahead?
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Moo Deng Jumps 645% in May, But Traders Expect a Drop Moo Deng (MOODENG) has surged by more than 600% since the beginning of May, briefly touching $0.32 before pulling back. It surged 645% in two weeks following its Binance Alpha listing, drawing in new holders ahead of the announcement. While some traders predict a move back to $0.60, others see Moo Deng falling toward $0.10 as market momentum cools. Meme coin volumes have jumped to $141.5 million, with Moo Deng, Bonk, and others fueling a short-term wave of renewed risk appetite. #Alphanetwork #ALPHA🔥 #AlphaAI #ALPHAUSDT #memecoins
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XRP News: $10 Price Target in Sight as Saudi Arabia Eyes Ripple Partnership. The cryptocurrency market is abuzz today with XRP, making headlines as analysts project a potential surge to $10, fueled by reports of Saudi Arabia considering a partnership with Ripple. XRP is currently trading at approximately $2.53, marking a 20% gain over the past week. Market analysts remain optimistic, pointing to a breakout from a bullish pennant pattern and strong investor accumulation—over 1.10 billion tokens have been purchased in the last seven days. In parallel, the broader crypto space is heating up with developments in blockDAG technology, which many believe could reshape the future of blockchain scalability—adding another layer of excitement for investors watching Ripple’s ecosystem and its place in the evolving decentralized landscape. Experts suggest that if current trends persist, XRP could break past its previous all-time high of $3.40, which was set in 2018. The Saudi partnership, if solidified, could act as a significant catalyst, propelling XRP’s value towards the $10 mark, a target that would represent a historic milestone for the cryptocurrency. The combination of strategic global alliances and improved geopolitical stability is setting the stage for XRP’s potential breakout, making it one of the most watched digital assets in the market right now. $XRP
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