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a significant development within the cryptocurrency market, a dormant whale has reemerged, transferring 2.1 trillion PEPE tokensāvalued at approximately $52 millionāto a new wallet after 600 days of inactivity.Ā This whale initially acquired the tokens for a mere $27, marking an extraordinary return on investment of about 1,900,000%Ā . The substantial movement of PEPE tokens has sparked speculation among investors and analysts regarding potential market implications.Ā Such large-scale transfers by whales often precede significant price movements, either indicating confidence in the asset's future or signaling forthcoming market activity. Technical indicators present a mixed outlook.Ā The Relative Strength Index (RSI) stands at 54.4, suggesting neutral momentum with room for growth, while the Moving Average Convergence Divergence (MACD) shows signs of bullish activityĀ .Ā Currently, PEPE is trading at $0.00002442, with immediate resistance at $0.00002810 and major support at the 50-Day Moving Average. This event underscores the unpredictable nature of meme coins and the potential rewards for early adopters.Ā As the market watches closely, the whale's actions may influence PEPE's trajectory in the coming days. $PEPE
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Here's the latest on Ash Token (ASH) as of May 21, 2025: --- š Project Overview Ash Token is a cryptocurrency initiative focused on environmental sustainability. It operates through the Ash Environmental DAO, a decentralized organization that funds eco-friendly startups aiming to combat pollution and promote clean energy solutions. Token holders participate in governance, deciding on the allocation of funds to various environmental projects. --- š Market Performance As of today, ASH is trading at approximately $0.7572 USD, with a 24-hour trading volume of $76.62. The token has experienced a 1.9% increase in the last 24 hours and a 16.6% rise over the past week. However, it's important to note that ASH is still down 98.8% from its all-time high of $64.87 reached in September 2024. --- šø Environmental Impact Recently, the Ash Environmental DAO announced the allocation of over $2 million in grants to support high-impact environmental innovators. This funding aims to accelerate the development of sustainable technologies and solutions addressing global pollution challenges. --- š± Community Engagement Ash Token maintains an active online presence, providing updates and engaging with the community through platforms like X (formerly Twitter) and Instagram. For instance, a recent post highlighted the potential bullish impact of an upcoming Bitcoin "Golden Cross," referencing historical data where Bitcoin experienced significant gains following similar patterns. $BTC $XRP $ETH
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š Market Highlights Global Crypto Market Cap: Stands at $3.36 trillion, reflecting a 1.23% increase over the last day. Bitcoin (BTC): Currently trading at $106,322, with a 0.95% daily gain. Top Performers: SXT (+29%), COOKIE (+22%), and KAITO (+15%) have shown significant gains. --- š Regulatory and Political Developments 1. Changpeng Zhao's Pardon Request Changpeng Zhao (CZ), Binance's founder, has applied for a presidential pardon after serving a four-month sentence for violating anti-money-laundering laws. This move has attracted scrutiny from Democratic senators, who are seeking transparency regarding the Trump administration's interactions with Binance and potential conflicts of interest. 2. $2 Billion Investment via Trump-Linked Stablecoin A UAE-backed investment firm, MGX, plans to acquire a $2 billion stake in Binance using USD1, a stablecoin launched by World Liberty Financial, a company associated with the Trump family. This development has raised ethical concerns due to potential conflicts of interest and the intertwining of political and financial interests. --- šµš° Binance's Engagement in Pakistan Binance co-founder Changpeng Zhao has been appointed as a strategic adviser to the Pakistan Crypto Council (PCC), an initiative launched in March 2025 to integrate blockchain technology into the country's financial landscape. The PCC, led by Finance Minister Muhammad Aurangzeb, aims to regulate and advance digital finance in Pakistan. $BTC $TRUMP
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š° Major Developments 1. Binance Wallet Achieves $5B Daily Volume Binance Wallet has reached a significant milestone, recording over $5 billion in daily trading volume. This surge is attributed to the success of Binance Alpha, an early-access platform offering exclusive Token Generation Events (TGEs) and airdrops. The introduction of Alpha Points, a system rewarding active user participation, has further fueled engagement in the Web3 ecosystem. 2. Discontinuation of Futures NEXT Program Binance announced the phased termination of its Futures NEXT services, set to conclude by May 30, 2025. This decision aligns with Binance's strategy to focus on offerings that provide the most value and competitive edge to its users. 3. Launch of Haedal Protocol (HAEDAL) The Haedal Protocol (HAEDAL) has been introduced as the 19th project in Binance's HODLer Airdrops program. Eligible users who held or subscribed BNB to Simple Earn or On-Chain Yields between May 10 and May 13, 2025, received HAEDAL tokens. Trading for HAEDAL commenced on May 21, 2025, with pairs against USDT, USDC, BNB, FDUSD, and TRY. 4. Upcoming ALLO (RWA) Token Generation Event Binance Wallet is set to launch the ALLO (RWA) Token Generation Event on May 22, 2025. This initiative marks Binance's continued push into real-world asset tokenization. Participation requires Alpha Points, emphasizing the utility of this system within the Binance ecosystem. $USDC $BNB $BTC
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š Global News Argentina has disbanded a task force investigating the $LIBRA cryptocurrency scandal, which involved significant investor losses and allegations of misconduct linked to President Javier Milei . Justin Sun, a prominent crypto entrepreneur, has declared himself the largest holder of the $TRUMP meme coin and is set to attend a dinner hosted by former President Donald Trump for top holders of the token . $LISTA $ADA
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