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🇺🇸 BULLISH: Crypto could see new rules in the US under Trump as legislation in Congress may unlock major investment, says Coinbase CEO at Davos.
#cryptocurrency #TRUMPOnBinance
#cryptocurrency #TRUMPOnBinance
Whale Sells DOGE at Significant Loss
AI Summary
A notable transaction involving a cryptocurrency whale has been observed by Onchain Lens. The whale, identified on the blockchain as 'unknown' initially purchased 1,395 DOGE tokens for 620 USDC. However, six days later, the whale sold these tokens for 3.09 million USDC, resulting in a substantial loss of 3.11 million USDC.
This transaction highlights the volatile nature of the cryptocurrency market, where significant financial movements can occur rapidly. The whale's decision to sell at a loss underscores the unpredictable price fluctuations that can impact even large-scale investors. Such transactions are closely monitored by blockchain analysts to understand market trends and investor behavior.
The sale of DOGE at a loss by 'unknown' adds to the ongoing discussions about the risks and rewards associated with cryptocurrency investments. As the market continues to evolve, investors are advised to remain vigilant and informed about potential market shifts that could affect their holdings.
#DOGE #USDC✅
AI Summary
A notable transaction involving a cryptocurrency whale has been observed by Onchain Lens. The whale, identified on the blockchain as 'unknown' initially purchased 1,395 DOGE tokens for 620 USDC. However, six days later, the whale sold these tokens for 3.09 million USDC, resulting in a substantial loss of 3.11 million USDC.
This transaction highlights the volatile nature of the cryptocurrency market, where significant financial movements can occur rapidly. The whale's decision to sell at a loss underscores the unpredictable price fluctuations that can impact even large-scale investors. Such transactions are closely monitored by blockchain analysts to understand market trends and investor behavior.
The sale of DOGE at a loss by 'unknown' adds to the ongoing discussions about the risks and rewards associated with cryptocurrency investments. As the market continues to evolve, investors are advised to remain vigilant and informed about potential market shifts that could affect their holdings.
#DOGE #USDC✅
6 days to go 🗓️
On November 26, the WalletConnect Token (WCT) airdrop eligibility checker, claim, and stake go live.
Turn on notifications to be the first to check your status 🔔
On November 26, the WalletConnect Token (WCT) airdrop eligibility checker, claim, and stake go live.
Turn on notifications to be the first to check your status 🔔
Crypto Trader Says Dogecoin (DOGE) Price is Headed for $8, Backs Under-$0.10 Competitor for a 17,905% Rally
A prominent crypto trader has boldly predicted that Dogecoin (DOGE) will reach $8, although doubts persist over whether such a spike is conceivable soon. Meanwhile, traders are looking at PEPE, SHIB, PNUT and USUAL an under-$0.30 coin that recently completed another successful presale round and guaranteed a potential 17,905% return for early investors.
Can Dogecoin Really Reach $8?
Driven by sponsors like Elon Musk, Dogecoin (DOGE) has recently seen explosive rises. At this write-up, $DOGE was changing hands for $0.43. To reach $8, DOGE would have to rise by more than 1,700%— a tremendous effort in the volatile crypto market. Analysts point to Dogecoin’s cultural resonance and possible use cases, like Tesla and Twitter payment mechanisms, as important optimism drivers. DOGE skyrocketed to $0.73 in 2021 because of Musk’s participation on “Saturday Night Live.” However, the coin lost momentum soon after. It is presently 49% below its 2021 high. The Dogecoin Foundation’s continuous development attempts to integrate DOGE into conventional financial systems may play an important role in maintaining long-term interest. $DOGE may see increased acceptance as the incoming US administration takes a more crypto-friendly posture. With Elon Musk's recent appointment by the US president elect Donald Trump as the Department of Government Efficiency (D.O.G.E). Now $DOGE price sit at $0.39
Nonetheless, challenges exist. If Dogecoin reaches $8, its market capitalization would exceed $1 trillion, roughly tripling Bitcoin’s current value. While a significant surge is likely, analysts warn that the coin’s speculative nature and little utility may stymie growth. As a result, traders are looking to alternatives like MEMECOIN PEPE PNUT SHIB and newly arrived Telegram games. whatever and whichever happened I hope you're holding DOGE and Any MEMES, Fingers crossed🤞 #MEMEalpha #Binance
A prominent crypto trader has boldly predicted that Dogecoin (DOGE) will reach $8, although doubts persist over whether such a spike is conceivable soon. Meanwhile, traders are looking at PEPE, SHIB, PNUT and USUAL an under-$0.30 coin that recently completed another successful presale round and guaranteed a potential 17,905% return for early investors.
Can Dogecoin Really Reach $8?
Driven by sponsors like Elon Musk, Dogecoin (DOGE) has recently seen explosive rises. At this write-up, $DOGE was changing hands for $0.43. To reach $8, DOGE would have to rise by more than 1,700%— a tremendous effort in the volatile crypto market. Analysts point to Dogecoin’s cultural resonance and possible use cases, like Tesla and Twitter payment mechanisms, as important optimism drivers. DOGE skyrocketed to $0.73 in 2021 because of Musk’s participation on “Saturday Night Live.” However, the coin lost momentum soon after. It is presently 49% below its 2021 high. The Dogecoin Foundation’s continuous development attempts to integrate DOGE into conventional financial systems may play an important role in maintaining long-term interest. $DOGE may see increased acceptance as the incoming US administration takes a more crypto-friendly posture. With Elon Musk's recent appointment by the US president elect Donald Trump as the Department of Government Efficiency (D.O.G.E). Now $DOGE price sit at $0.39
Nonetheless, challenges exist. If Dogecoin reaches $8, its market capitalization would exceed $1 trillion, roughly tripling Bitcoin’s current value. While a significant surge is likely, analysts warn that the coin’s speculative nature and little utility may stymie growth. As a result, traders are looking to alternatives like MEMECOIN PEPE PNUT SHIB and newly arrived Telegram games. whatever and whichever happened I hope you're holding DOGE and Any MEMES, Fingers crossed🤞 #MEMEalpha #Binance
Trump Considers Blockchain Expert For SEC Chair Role
According to PANews, U.S. President-elect Donald Trump is contemplating the appointment of blockchain legal expert Teresa Goody Guillén as the new chair of the Securities and Exchange Commission (SEC). Guillén, currently a partner and co-leader of the blockchain team at BakerHostetler law firm, has previous experience working with the SEC and has represented both blockchain companies and traditional businesses in SEC enforcement actions.
Sources indicate that Trump's team is seeking a candidate with a pro-cryptocurrency stance and a non-bureaucratic background to lead the SEC. The aim is to implement a lighter regulatory approach and move away from the "regulation by enforcement" practice. Guillén is recognized in the industry for her strong securities law background and supportive position towards the crypto sector, making her a potential candidate for swiftly reforming the SEC.
The decision on the SEC chair is expected to be finalized before Thanksgiving. Guillén is competing for the position alongside other candidates, including former SEC Commissioner Paul Atkins and Robinhood's Chief Legal Officer Dan Gallagher.
#SEC $BNB $BTC #BTC93KNewATH
According to PANews, U.S. President-elect Donald Trump is contemplating the appointment of blockchain legal expert Teresa Goody Guillén as the new chair of the Securities and Exchange Commission (SEC). Guillén, currently a partner and co-leader of the blockchain team at BakerHostetler law firm, has previous experience working with the SEC and has represented both blockchain companies and traditional businesses in SEC enforcement actions.
Sources indicate that Trump's team is seeking a candidate with a pro-cryptocurrency stance and a non-bureaucratic background to lead the SEC. The aim is to implement a lighter regulatory approach and move away from the "regulation by enforcement" practice. Guillén is recognized in the industry for her strong securities law background and supportive position towards the crypto sector, making her a potential candidate for swiftly reforming the SEC.
The decision on the SEC chair is expected to be finalized before Thanksgiving. Guillén is competing for the position alongside other candidates, including former SEC Commissioner Paul Atkins and Robinhood's Chief Legal Officer Dan Gallagher.
#SEC $BNB $BTC #BTC93KNewATH
Magic Eden (ME) Token Details: Users to Receive $362M at Launch
Magic Eden, a cross-chain non-fungible token (NFT) and Bitcoin Ordinals/Runes platform is gearing up for the $ME token generation event (TGE) and one of the most valuable airdrops in crypto history.
What is Magic Eden?
Magic Eden is one of the most popular decentralized cross-platform NFT marketplaces. It’s also one of the top-ranked Bitcoin decentralized exchanges (DEX), having garnered an 80%+ share of Bitcoin Ordinals and Runes trading volumes. Since launching in Sept. 2021, Magic Eden has processed over $4.4 billion in trading volumes, servicing 2.33 million traders, according to DappRadar. The Magic Eden Foundation reports $6 billion in trading volumes.
Magic Eden aspires to become a decentralized application (dApp) for NFTs and cross-chain cryptocurrency trading. The launch of the ME token represents a significant step toward realizing ambition. The ME token will be the native token of the platform and will be leveraged for staking rewards, future airdrops, and governance voting rights.
ME Token Details
The ME TGE is set to be one of the most valuable airdrops in crypto history. Over half of the token’s 1 billion supply will be distributed over four years to the community. With pre-market tokens valued at $2.9, the initial 12.5% airdrop of 125 million tokens is worth a gigantic $362.5 million.
The highly anticipated TGE is expected to take place in a few weeks. Prior to the TGE, a full release schedule, including compatible wallets, is expected to be released.
The claim rewards will be spread across the Bitcoin, Solana, and Ethereum Virtual Machine (EVM) ecosystems, fully unlocked, and distributed to users via the Magic Eden mobile dApp. Any unclaimed tokens will be returned to the community allocation for staking rewards.
Magic Eden, a cross-chain non-fungible token (NFT) and Bitcoin Ordinals/Runes platform is gearing up for the $ME token generation event (TGE) and one of the most valuable airdrops in crypto history.
What is Magic Eden?
Magic Eden is one of the most popular decentralized cross-platform NFT marketplaces. It’s also one of the top-ranked Bitcoin decentralized exchanges (DEX), having garnered an 80%+ share of Bitcoin Ordinals and Runes trading volumes. Since launching in Sept. 2021, Magic Eden has processed over $4.4 billion in trading volumes, servicing 2.33 million traders, according to DappRadar. The Magic Eden Foundation reports $6 billion in trading volumes.
Magic Eden aspires to become a decentralized application (dApp) for NFTs and cross-chain cryptocurrency trading. The launch of the ME token represents a significant step toward realizing ambition. The ME token will be the native token of the platform and will be leveraged for staking rewards, future airdrops, and governance voting rights.
ME Token Details
The ME TGE is set to be one of the most valuable airdrops in crypto history. Over half of the token’s 1 billion supply will be distributed over four years to the community. With pre-market tokens valued at $2.9, the initial 12.5% airdrop of 125 million tokens is worth a gigantic $362.5 million.
The highly anticipated TGE is expected to take place in a few weeks. Prior to the TGE, a full release schedule, including compatible wallets, is expected to be released.
The claim rewards will be spread across the Bitcoin, Solana, and Ethereum Virtual Machine (EVM) ecosystems, fully unlocked, and distributed to users via the Magic Eden mobile dApp. Any unclaimed tokens will be returned to the community allocation for staking rewards.
Solana Platforms Hit Record Fees Amid Memecoin Boom
Solana network activity hits record highs, driven by memecoin trading and the strong performance of platforms like Raydium and Jito.
Memecoins like PNUT and WIF boost Solana’s popularity, achieving rapid growth and driving transaction and revenue milestones
Driven by memecoin popularity, Solana has seen an historic increase in network activity. Solana’s daily income on October 24, 2024, was $3.81 million; her total transaction fees came to $7.63 million. These numbers show the network’s strong performance among a memecoin trading frenzy attracting worldwide attention.
Memecoin Propel Solana’s Record-Breaking Network Activity With transaction costs of $11.79 million on November 17, 2024, Raydium, Solana’s biggest decentralized exchange (DEX), reached a historic high. Generating $7.89 million in transaction fees, Jito, a liquid staking system on Solana, ranked third-highest day performance in its history that same day.
A memecoin launch site, Pump.fun, also announced daily income of $1.65 million, ranking ninth in single-day revenues.
Driven in especially by the popularity of memecoins like Peanut (PNUT) and Dogwifhat (WIF), this rise in activity demonstrates the network’s growing traction. Two weeks saw an incredible 2,700% gain in PNUT, which on November 14, 2024, has a market cap of $2.4 billion. WIF, meantime, peaked at $4.19 after its Coinbase launch on November 15, 2024, therefore confirming Solana’s supremacy in the memecoin market.
Solana’s low transaction fees and scalability have particularly drawn projects moving from other blockchains to be appealing. Aiming to profit from the explosive memecoin trading environment and cost efficiency of the blockchain, CNF previously noted that CAT Token is transferring from the BNB Chain to Solana.
"As Meme transactions are hot, Solana's fees reached $11.84 million and revenue reached $5.92 million, setting a new single-day record; Solana's largest DEX Raydium's fees approached $15 million for two consecutive days, with daily revenue of about $1 million; Solana MEV… — Wu Blockchain (@WuBlockchain) November 20, 2024"
These events line up with Solana’s native token, SOL, which was trading at $237.60 at the time of writing and showed a 14.43% rise over the last 7 days, and Solana’s market cap has passed $110 billion.
Solana keeps setting records as memecoin transactions account for most activity; single-day fee highs of $11.84 million and revenues of $5.92 million abound.
$SOL $PEPE $PNUT #Memecoin
Memecoins like PNUT and WIF boost Solana’s popularity, achieving rapid growth and driving transaction and revenue milestones
Driven by memecoin popularity, Solana has seen an historic increase in network activity. Solana’s daily income on October 24, 2024, was $3.81 million; her total transaction fees came to $7.63 million. These numbers show the network’s strong performance among a memecoin trading frenzy attracting worldwide attention.
Memecoin Propel Solana’s Record-Breaking Network Activity With transaction costs of $11.79 million on November 17, 2024, Raydium, Solana’s biggest decentralized exchange (DEX), reached a historic high. Generating $7.89 million in transaction fees, Jito, a liquid staking system on Solana, ranked third-highest day performance in its history that same day.
A memecoin launch site, Pump.fun, also announced daily income of $1.65 million, ranking ninth in single-day revenues.
Driven in especially by the popularity of memecoins like Peanut (PNUT) and Dogwifhat (WIF), this rise in activity demonstrates the network’s growing traction. Two weeks saw an incredible 2,700% gain in PNUT, which on November 14, 2024, has a market cap of $2.4 billion. WIF, meantime, peaked at $4.19 after its Coinbase launch on November 15, 2024, therefore confirming Solana’s supremacy in the memecoin market.
Solana’s low transaction fees and scalability have particularly drawn projects moving from other blockchains to be appealing. Aiming to profit from the explosive memecoin trading environment and cost efficiency of the blockchain, CNF previously noted that CAT Token is transferring from the BNB Chain to Solana.
"As Meme transactions are hot, Solana's fees reached $11.84 million and revenue reached $5.92 million, setting a new single-day record; Solana's largest DEX Raydium's fees approached $15 million for two consecutive days, with daily revenue of about $1 million; Solana MEV… — Wu Blockchain (@WuBlockchain) November 20, 2024"
These events line up with Solana’s native token, SOL, which was trading at $237.60 at the time of writing and showed a 14.43% rise over the last 7 days, and Solana’s market cap has passed $110 billion.
Solana keeps setting records as memecoin transactions account for most activity; single-day fee highs of $11.84 million and revenues of $5.92 million abound.
$SOL $PEPE $PNUT #Memecoin
Bonk Flips Dogwifhat on Its Way to All-Time High—With Solana Along for the Ride
Solana’s top dog Bonk reclaimed its title from Dogwifhat, all while SOL comes close to beating its own record from 2021. With Solana’s price within striking distance of an all-time high, Bonk (BONK) became the network’s largest meme coin by market cap Tuesday, surging past its primary canine competitor.
Rising by nearly 7% over the past day to $0.00005269, Bonk’s total value clocks in above $3.9 billion as of this writing. Meanwhile, Solana’s Dogwifhat (WIF) had fallen 5% to $3.29, ceding its celebratory status to Bonk, as the meme coin’s market decreased to under $3.3 billion.Earlier Tuesday afternoon, Bonk hit a new all-time high price of $0.000057 after previously breaking its own record multiple times since late last week.
Billed as the “social layer” of Solana, the development could be viewed as a return to normal for Bonk, which was embraced by Solana’s community following its launch in December 2022. In March, WIF flipped BONK for the first time, dethroning the go-to meme coin for months.
Whether its BONKbot or BONKSwap, Bonk’s ecosystem can be broken down into several community-led projects that have cropped up around the meme coin over time. Recently, Bonk’s governing DAO embraced an initiative called BURNmas, culminating on Christmas Day. $SOL
#MEMEalpha #SOLMarketMove #BTC #Binance
Rising by nearly 7% over the past day to $0.00005269, Bonk’s total value clocks in above $3.9 billion as of this writing. Meanwhile, Solana’s Dogwifhat (WIF) had fallen 5% to $3.29, ceding its celebratory status to Bonk, as the meme coin’s market decreased to under $3.3 billion.Earlier Tuesday afternoon, Bonk hit a new all-time high price of $0.000057 after previously breaking its own record multiple times since late last week.
Billed as the “social layer” of Solana, the development could be viewed as a return to normal for Bonk, which was embraced by Solana’s community following its launch in December 2022. In March, WIF flipped BONK for the first time, dethroning the go-to meme coin for months.
Whether its BONKbot or BONKSwap, Bonk’s ecosystem can be broken down into several community-led projects that have cropped up around the meme coin over time. Recently, Bonk’s governing DAO embraced an initiative called BURNmas, culminating on Christmas Day. $SOL
#MEMEalpha #SOLMarketMove #BTC #Binance
Bonk Flips Dogwifhat on Its Way to All-Time High—With Solana Along for the Ride
Solana’s top dog Bonk reclaimed its title from Dogwifhat, all while SOL comes close to beating its own record from 2021.With Solana’s price within striking distance of an all-time high, Bonk (BONK) became the network’s largest meme coin by market cap Tuesday, surging past its primary canine competitor.
Rising by nearly 7% over the past day to $0.00005269, Bonk’s total value clocks in above $3.9 billion as of this writing. Meanwhile, Solana’s Dogwifhat (WIF) had fallen 5% to $3.29, ceding its celebratory status to Bonk, as the meme coin’s market decreased to under $3.3 billion.Earlier Tuesday afternoon, Bonk hit a new all-time high price of $0.000057 after previously breaking its own record multiple times since late last week.
Billed as the “social layer” of Solana, the development could be viewed as a return to normal for Bonk, which was embraced by Solana’s community following its launch in December 2022. In March, WIF flipped BONK for the first time, dethroning the go-to meme coin for months.
Whether its BONKbot or BONKSwap, Bonk’s ecosystem can be broken down into several community-led projects that have cropped up around the meme coin over time. Recently, Bonk’s governing DAO embraced an initiative called BURNmas, culminating on Christmas Day.
#MEMEalpha #Solana #Binance #BTC
Solana’s top dog Bonk reclaimed its title from Dogwifhat, all while SOL comes close to beating its own record from 2021.With Solana’s price within striking distance of an all-time high, Bonk (BONK) became the network’s largest meme coin by market cap Tuesday, surging past its primary canine competitor.
Rising by nearly 7% over the past day to $0.00005269, Bonk’s total value clocks in above $3.9 billion as of this writing. Meanwhile, Solana’s Dogwifhat (WIF) had fallen 5% to $3.29, ceding its celebratory status to Bonk, as the meme coin’s market decreased to under $3.3 billion.Earlier Tuesday afternoon, Bonk hit a new all-time high price of $0.000057 after previously breaking its own record multiple times since late last week.
Billed as the “social layer” of Solana, the development could be viewed as a return to normal for Bonk, which was embraced by Solana’s community following its launch in December 2022. In March, WIF flipped BONK for the first time, dethroning the go-to meme coin for months.
Whether its BONKbot or BONKSwap, Bonk’s ecosystem can be broken down into several community-led projects that have cropped up around the meme coin over time. Recently, Bonk’s governing DAO embraced an initiative called BURNmas, culminating on Christmas Day.
#MEMEalpha #Solana #Binance #BTC
Coinbase CEO Makes Intriguing Offer for Elon Musk's D.O.G.E
Coinbase CEO Brian Armstrong has proposed a thought-provoking idea for the newly formed presidential advisory commission, the Department of Government Efficiency (D.O.G.E.), led by Elon Musk and Vivek Ramaswamy. Announced as part of an effort to cut federal spending, streamline government operations and reduce the national deficit by $2 trillion by July 4, 2026, the initiative remains a hot topic in mass media. So, Armstrong suggested that D.O.G.E. could be a great chance to change how the government spends money while making it easier for businesses to grow.
Fellow me for more.... ✌️ #Binance #BTC #Doge
Coinbase CEO Brian Armstrong has proposed a thought-provoking idea for the newly formed presidential advisory commission, the Department of Government Efficiency (D.O.G.E.), led by Elon Musk and Vivek Ramaswamy. Announced as part of an effort to cut federal spending, streamline government operations and reduce the national deficit by $2 trillion by July 4, 2026, the initiative remains a hot topic in mass media. So, Armstrong suggested that D.O.G.E. could be a great chance to change how the government spends money while making it easier for businesses to grow.
Fellow me for more.... ✌️ #Binance #BTC #Doge
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