🛡 Pump Fun is under attack from disgruntled users. Memecoi | TopCryptoNews on Binance Square

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🛡 Pump Fun is under attack from disgruntled users.
Memecoin creation platform Pump Fun has hired renowned crypto lawyers from Brown Rudnick.
They will defend the platform's interests in a lawsuit filed on behalf of 500 users who suffered losses after the launch of memecoins.

#pumpfun 

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😱 Is everyone expecting a crash? So it may not happen! When fear reigns in the market, the "black swan" usually does not fly. Meanwhile, the Total Market Cap chart forms a reverse head and shoulders - one of the most bullish patterns. ❗️ While the crowd is in panic, the structure hints at growth. It is at such moments that the best entry points appear.

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🪙 $LTC tested the support zone If it falls to it again, this could be a good opportunity for additional purchase. Support and resistance levels remain the same. Litecoin is showing stability again: in another unstable period on the altcoin market, it holds on confidently and shows the smallest losses among competitors. ❗️The coin is already in our portfolio, and partial purchase at current levels is a completely reasonable decision. The main thing is not to go overboard. #LTC #Litecoin

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📣 Solana Skyrockets 92% in Activity Surge Amid 8% Price Jump — What's Next for $SOL ? Solana's trading volume has increased by 92% in the last 24 hours, along with a significant 8% price increase, raising the prospect of a bigger breakout. Following a four-day slide from a high of $168 on June 11, Solana rebounded sharply in Sunday's session from lows of $144. The rally continued in the early Monday session, with SOL now up 8% in the last 24 hours to $156, outperforming the top 10 in daily gains. The recent outperformance follows the ETF optimism surrounding Solana, with CoinShares submitting an S-1 filing to launch a Solana ETF. In the past week, Bloomberg ETF analyst James Seyffart reacted to reports that the SEC had reached out to issuers, requiring them to submit updated documents for their Solana ETFs, including staking. Along these lines, seven potential Solana ETF issuers, including Vaneck, have submitted S-1 filings. With its latest S-1 filing, CoinShares becomes the eighth issuer to jump into the Solana spot ETF race. In positive news, MemeStrategy, a publicly listed company on the Hong Kong Stock Exchange, has acquired 2,440 SOL, becoming the first Hong Kong-listed firm to invest in the Solana ecosystem. 🔸 What's next? Analysts are keeping a close eye on the $161 level, which coincides with the daily SMA 50 and above, and if breached, could signal further upside. A strong breakthrough might pave the way for a move toward the daily SMA 200 at $173 before moving on to the $180 or possibly $200 levels, which have not been seen in months. However, if the recovery stalls and fails to break above resistance, SOL may pull back to retest support near $140. Any dip below this level could lead to deeper corrections. According to Ali, a crypto market analyst, a loss of support at the $140 level might trigger a drop to $100. #Solana #SOL

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🔵 Elon Musk’s Company X (Twitter) Takes Its First Serious Step in Investment and Payments – Will It Include Cryptocurrencies? Elon Musk's social media platform X (formerly Twitter) is on its way to becoming a “super app” by offering new features that will allow users to invest and trade. X CEO Linda Yaccarino announced in an interview with the Financial Times at the Cannes Lions advertising festival that users will soon be able to make payments, invest and trade via the X platform. “You will be able to come to X and manage your entire financial life through this platform. It could be paying for that pizza we had together last night, or it could be an investment or a trade,” Yaccarino said. However, the new system is not expected to include cryptocurrencies for now. The company also plans to launch the digital wallet and user-to-user payment system “X Money” service, which will be launched in partnership with Visa by the end of the year. Yaccarino announced that this service will be launched first in the US and then expanded to other markets. X Money will offer functions such as purchasing products, storing money on the platform and tipping content creators. It has also been reported that the company has plans to launch an X-branded credit or debit card later this year. Musk’s goal is to turn X into a one-stop platform for messaging, payments, shopping and investing, similar to China-based app WeChat, but that expansion could subject X to stricter regulations, such as licensing and anti-money laundering. X, which Musk bought for $44 billion in 2022, has since faced financial difficulties as advertisers pulled out of the platform. Advertisers were concerned that Musk’s lack of control over content could lead to their ads appearing alongside disturbing content. Yaccarino argued that the platform has rebuilt its relationships with advertisers, saying, “96% of pre-acquisition advertisers have returned to the platform. We will reach 2022 ad revenue levels very soon.” #ElonMusk #X

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⭐️ $IOTA Powers $10 Trillion Trade Revolution With TWIN’s Digital Infrastructure The IOTA Foundation is at the forefront of introducing the Trade Worldwide Information Network (TWIN) Foundation, an innovative project aimed at revising traditional international trade processes. TWIN aims to digitize one of the world’s most complex and paper-dependent systems, releasing up to $10 trillion in economic value. 🔸 Closer Look At IOTA Foundation’s TWIN Initiative The initiative arrives at a critical moment as it’s estimated that on any given day, there are 4 billion paper documents in circulation to facilitate trade flows in the world. The TWIN Foundation is a significant change to the old-fashioned, manual approach to the new automated and efficient service, as reported by CNF earlier. The inability to make efficient operations in the trade has been one of the challenges that face economies across the world. Each cross-border transaction often involves the circulation of over 30 stakeholders, requiring 36 separate documents and nearly 240 duplicated copies, according to industry estimates. Here, small and medium-sized businesses (SMEs) and emerging economies have faced the biggest hit. Given that trade activities generate, on average, more than half of the world’s GDP, the TWIN Foundation enters the market as a not-for-profit alliance. It’s created to streamline, digitalize, and decentralize the whole trade system, according to the World Economic Forum’s latest report. Further, the initiative has united a consortium of international partners such as the World Economic Forum, Tony Blair Institute, TradeMark Africa, and the IOTA Foundation. The Chartered Institute of Export and International Trade and the Global Alliance for Trade Facilitation are also involved. Dominik Schiener, the Co-Founder and Chairman of #IOTA Foundation, mentioned his vision of the project through social media. He wrote: “Not just billions, but trillions in value will be unlocked through our trade initiative TWIN Foundation.

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