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#TRON✅ #USDT
Tether’s USDT reached an all-time high in supply at $156.1 billion, with most of the stablecoin circulating on Tron and Ethereum.

Despite renewed hype around Circle, Tether continues to dominate the stablecoin market. On Tuesday, June 24, USDT’s outstanding supply hit an all-time high of $156.1 billion. Notably, 90% of that supply is concentrated on just two networks: Ethereum and Tron.

USDT outstanding supply
USDT outstanding supply | Source: Token terminal
Over half of USDT stablecoins, or 50.47%, are now on Tron (TRX), while almost 40% are on Ethereum (ETH). Less than 10% of USDT supply is distributed across other blockchains, including BNB Chain, Solana, Cosmos, Avalanche, and others.

Circle’s USDC has gained more traction on many of these smaller chains. For instance, Solana hosts nearly $7.5 billion worth of USDC compared to just $2.3 billion of USDT. Still, despite USDC’s growing popularity, USDT’s dominance has remained largely stable.
$TRX $USDT

Prediction of WalletConnect Token will change at a rate of 5% every year, the price of @WalletConnect WalletConnect Token would be $0.072 in 2026, $0.087 in 2030, $0.11 in 2035, and $0.14 in 2040.
#WalletConnenct

XRP News Today: XRP Rallies on Rising Volume and Fresh Confidence in Ripple’s Future

XRP is once again in the spotlight as renewed legal optimism, increased investor activity, and improving market sentiment converge to fuel upward momentum in the Ripple-backed token.
After years of being weighed down by regulatory uncertainty, XRP appears to be gaining the confidence of traders and institutions alike—pushing closer to the symbolic $3 mark.
XRP Price Sees Modest Gains, But Trading Volume Tells a Bigger Story
As of Monday, June 16, the XRP price stands at $2.29, reflecting a 5.84% increase in the past 24 hours. While this daily rise may seem moderate, it comes alongside a notable surge in trading volume. According to on-chain data, over $1.9 billion worth of Ripple crypto was exchanged during this period, pointing to a growing appetite from investors who believe XRP value could soon climb much higher.

XRP was trading at around $2.292, up 5.8% in the last 24 hours at press time.

$XRP

Let's see what happens !!
#DistribuițiTranzacțiile $XRP

Expert Says Shiba Inu Lead Developer Has ‘Several Aces’ to Drive SHIB to $0.01.

The one-cent dream has been a long-standing goal for the broader Shiba Inu community. Experts like Delgado and Shiba Inu’s marketing specialist Lucie believe SHIB could reach the $0.01 price point someday. However, skeptics do not expect SHIB to achieve the price milestone due to its enormous supply.

For context, hitting the $0.01 target would require SHIB to grow 78,208% from the current price of $0.00001277. If this happens, Shiba Inu’s market cap could soar to roughly $5.89 trillion, given its enormous supply of 589.5 trillion SHIB. This estimated valuation surpasses the total crypto market cap of $3.39 trillion.

While Kusama’s current focus is on the SHIB-AI white paper, the broader Shiba Inu ecosystem team has continued rolling out significant upgrades to bolster SHIB’s utility.

Earlier this week, the team launched an enhanced DeFi toolkit to transform how Shiba Inu enthusiasts earn, trade, and burn tokens.

Yesterday, the ecosystem team also unveiled a partnership with TokenPlay.ai, an AI-powered gaming platform developed by Astra Nova.

Under the partnership, community members can build Shiba Inu-themed games without writing a single line of code. Moreover, players can earn tokens by playing these games.

“We’re starting with an exclusive Shiba-themed game, followed by the launch of our own arcade platform, Shib.fun,”

$SHIB

Can Solana break past $176 after 17% surge?

Solana has surged 17% from its recent support level, rallying off a strong confluence zone at $143. Now, price action faces a critical test at the $176 resistance. Whether Solana breaks through or rejects from here could define its next major move.

Solana is now trading near a crucial resistance level that could determine its short-term direction. The rally off the $143 level, supported by the 0.618 Fibonacci retracement and weekly support, has brought price into a region packed with multiple overhead resistances, including the point of control, the daily supply/resistance level, and the upside 0.618 Fibonacci retracement near $176.

$SOL #solana #MarketRebound

$BTC

Trump Confirms Imminent Fed Decision—Bitcoin And Crypto Brace For Huge Price Earthquake

Bitcoin has struggled to break out in recent months despite hitting a fresh all-time high in May and fears building over a $37 trillion “ticking time bomb.”

The bitcoin price rocketed higher following U.S. president Donald Trump’s November election victory but has struggled to hold onto that momentum as Federal Reserve chair Jerome Powell grapples with a looming, “cataclysmic” crisis that’s headed for the U.S. dollar.
Now, as Tesla billionaire Elon Musk quietly backs a shock dollar collapse warning, Trump has confirmed a decision on the next Federal Reserve chair will be coming out soon, priming the bitcoin price and crypto market.

“We believe if bitcoin maintains support above $105,000, it could target the $120,000 to $125,000 range in June. This will not be catalysed just from the labour market but it could be a domino in multiple catalysts prompting the Fed to cut rates at a faster than expected pace.”

$BTC

Avalanche Avalanche

$AVAX
Avalanche token rose to $20.65 on Saturday, June 7, up by 12% from its lowest point this week.

Third-party data shows that Avalanche’s network is doing well as it became the fastest-growing one in the industry this week. According to Nansen, Avalanche handled over 5.2 million transactions in the last seven days, a 112% increase from a week earlier.

This increase happened as the number of active addresses jumped by 23% to 283,163. Avalanche’s fees jumped by 193% to almost $200,000.

The same performance has happened in the last 30 days as the transaction count jumped by 326% and active addresses jumped by 312% to 2.05 million.

Another piece of data shows that Avalanche’s stablecoin network has started to rebound. It has over $2.1 billion in stablecoin market cap, the highest it has been since Feb. 19. This is up from $1.46 billion on January 20.

Decentralized exchange protocols on Avalanche are also seeing high volume recently. It handled over $131 million in volume in the last 24 hours, the third day of gains.

You might also like:
Top 3 reasons why the crypto market is down today

Avalanche scores with FIFA NFT deal, technicals show…
Avalanche gained traction after the Fédération Internationale de Football Association, or FIFA, said that it would tap its network to power its NFT sales.

This is a big deal for Avalanche because of FIFA’s scale and the plunge in its chain’s NFT sales in the past few years. These sales stood at just $103,000 in the last seven days.

The three-day chart shows that the AVAX price formed a double-top pattern at $55.20 and then crashed. A double-top is one of the most bearish patterns in technical analysis.

It is hovering above the upper side of the neckline at $17.5, its lowest point in August last year. AVAX has also formed a bearish flag pattern, consisting of a vertical line and a rising channel.
Avalanche price has a bearish breakdown despite its strong ecosystem metrics. If this happens, the next target price will be $15, down by 27% from the current level.
$AVAX

The cryptocurrency market faced a significant downturn today, impacting major assets such as Bitcoin, Ethereum, Solana, XRP, and Dogecoin. Bitcoin (BTC) is trading at $69,371 with a slight gain of 0.03%, while Ethereum (ETH) stands at $3,683.67, up 0.19%.

Notably, these fluctuations coincide with the latest U.S. labor market data, which reported an addition of 272,000 jobs in May, affecting investor confidence and expectations for Federal Reserve interest rate policies.

Crypto Market Selloff: Causes and Outlook
Despite the selloff, optimism remains in the market, thanks to strong Bitcoin ETF inflows. However, today the crypto market experienced a severe decrease, with major coins such as Bitcoin, ETH, BNB, SOL, XRP, and DOGE retreating.

The dramatic shift in attitude from earlier this week has spurred speculation about the cause of the selloff. The market had expected Bitcoin to reach a new high soon, while altcoins remained bullish.

Reasons Behind the Recent Crypto Selloff
The positive market sentiment observed earlier in the week, marked by significant price increases in cryptocurrencies, has abruptly shifted. On Friday, a major crypto market selloff occurred, coinciding with the release of the US Labor Department’s job data.

The report showed that the United States added 272,000 jobs in May, surpassing market expectations and the previous month’s numbers.

Although the unemployment rate rose to 4% from 3.9% in April, the strong non-farm payroll statistics have weighed on investor confidence.

The robust payroll report has lowered expectations of a potential interest rate decrease by the Federal Reserve, raising concerns in the broader financial sector and the cryptocurrency market.

Additionally, GameStop’s (GME) decision to sell $175 million in shares, which led to a 40% drop in its stock price, has added to the market’s anxiety.

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> BPKMOVIX5Y

Over 6 Million INJ Tokens To Be Burned By Next Week

According to Odaily, Injective has announced that more than 6 million INJ tokens will be destroyed by the end of next week. The announcement was made on platform X, where the company shared its plans for the upcoming token burn.

The move is part of Injective's ongoing efforts to manage the supply of its native tokens. The company has not provided further details about the reasons behind this decision or the potential impact it might have on the token's value.

Token burning is a common practice among cryptocurrency companies. It involves the permanent removal of tokens from circulation, which can help to reduce the overall supply and potentially increase the value of the remaining tokens.

However, the effect of token burning on the market value of a cryptocurrency is not always predictable and can depend on a variety of factors.
This is not the first time Injective has burned its tokens. The company has a history of conducting token burns as part of its strategy to manage the supply of INJ tokens. However, the upcoming burn of over 6 million tokens is one of the largest the company has planned to date.

The announcement has sparked interest among the cryptocurrency community, with many speculating about the potential impact of the token burn on the value of INJ. However, until the burn is completed and the market has had time to react, the true impact of this move remains to be seen.

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Red Pack -> BPZ1M0IVDM

Notcoin (NOT) has been one of the standout performers in the cryptocurrency market lately, seeing its price surge by over 6x in just a 10-day period according to a post by Crypto Koryo.

This massive rally has propelled NOT into the top 100 cryptocurrencies by market capitalization, currently ranking 53.

So what exactly is Notcoin and what’s driving this parabolic price move?

Let’s take a closer look based on Crypto Koryo’s analysis:Notcoin is a cryptocurrency built on the TON (Telegram Open Network) blockchain, formerly associated with the messaging app Telegram.

While initially created as a type of “memecoin” with a gaming component, Notcoin has some unique attributes that may be fueling its recent success according to Crypto Koryo.

What do you think about this coin?

Cryptocurrency Prices Today By Market Cap
The global cryptocurrency market cap today is $2.75 Trillion, a +1.76% change in the last 24 hours.

Total cryptocurrency trading volume in the last day is at $84.77 Billion. Bitcoin dominance is at +50.47% and Ethereum dominance is at +16.63%.

Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies


A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind.
Overall, cryptocurrency adoption is rising worldwide, with notable increases seen across all continents.

‘562 Million People Across the Globe Own Some or Various Forms of Digital Currencies’
Triple A, a fintech company that enables businesses to process digital currency payments and payouts, recently published a report, titled “The State of Global Cryptocurrency Ownership in 2024,” showing an “in-depth look at cryptocurrency ownership trends across the global and their evolving role within the financial ecosystem.” Eric Barbier, founder and CEO of Triple-A, stated in the forward of the report:

Today, 562 million people across the globe own some or various forms of digital currencies, up from 420 million in 2023. In other words, 6.8% of the entire world population own and use digital currencies.

Cryptocurrency Sector Loses $42.6 Million in May, Recovers $96.2 Million

According to CryptoPotato, blockchain security firm CertiK reported that the cryptocurrency sector suffered losses of $42.6 million in May due to exploits, flash loans, and exit scams.

However, the sector managed to recover approximately $96.2 million, mitigating some of the economic impact. Flash loan attacks were the primary cause of these losses, accounting for around $20.7 million. Sonne Finance was the hardest hit, losing $20 million, followed by TLN Protocol, which lost $746,000. GPU and Saturn Token also experienced losses, amounting to $32,394 and $8,343 respectively.

Exploits also had a significant impact on the sector, leading to losses of about $19.7 million. Gala Games suffered the most significant loss of $21.6 million, followed by AlexLab at $4.3 million, Pump Fun at $1.9 million, GNUS.ai at $1.28 million, and Orion at $947,000. Exit scams, although less common, contributed approximately $1.8 million to the losses. Among these, Trees On Sol lost $1.11 million, Pii Park $490,000, Novamind $123,019, and Arbalest $91,520.

Interestingly, flash loan attacks have consistently caused significant losses in odd-numbered months throughout the year. January, March, and May saw losses of $15.3 million, $21.9 million, and $20.7 million, respectively. In contrast, losses in February and April were less than $150,000 each. February experienced the most severe loss overall due to exit scams, totaling $58.3 million, with less than 10% of this total recorded in other months.

Last year, over $2 billion was lost to hacks and exploits, about half the total from the previous year. In May 2024, Ethereum and BNB Chain were the most targeted chains, collectively representing 62% of the total losses across targeted chains.
Crypto hacks and exploits continue to be a significant problem. For instance, DMM Bitcoin, a Japanese cryptocurrency exchange, recently reported losing 48 billion yen ($305 million) of Bitcoin (BTC) due to a hack.

News!

The tokens that have experienced a surge include ALICE, SLP, PIXEL, DAR, BIGTIME, GALA, YGG, and TLM.

ALICE has seen the highest increase with a 24-hour surge of 48.25%, currently valued at 2.418 USDT.

SLP followed with a 24-hour increase of 20.72%, currently valued at 0.004825 USDT.

PIXEL's value increased by 5.6% in the last 24 hours, with its current value standing at 0.532 USDT.

DAR experienced a 10% increase in the last 24 hours, currently valued at 0.19967 USDT.

BIGTIME's value increased by 4.23% in the last 24 hours, currently valued at 0.2339 USDT.

GALA saw a 5.97% increase in the last 24 hours, with its current value at 0.04736 USDT.

YGG experienced an 8.26% increase in the last 24 hours, currently valued at 1.1118 USDT.

Lastly, TLM saw an 8.5% increase in the last 24 hours, currently valued at 0.02119 USDT.

This surge in the GameFi sector indicates a growing interest and investment in these tokens.