🚀 Kanye West to Launch His Own Cryptocurrency Next Week! 🎵💰
Kanye West, aka Ye, has officially denied any links to the circulating YZY tokens and announced that he will launch his own cryptocurrency next week! This move comes after his past skepticism about digital assets, leaving the crypto community buzzing with mixed reactions. 🔥
💡 Reports hint that the token could be tied to his Yeezy brand, but details on its structure and launch date remain under wraps. Will Ye’s crypto vision reshape the industry? 👀
🚨 FTX Begins $18B Repayments Tomorrow, Small Creditors to Get 120.5%
FTX will start repaying creditors on February 18, with claims under $50K receiving 120.5% within three days, while larger claims (up to 175%) begin in Q2 2025. 98% of BTC holders face losses due to a $20K cap, despite Bitcoin trading at $96,500. FTX raised funds through 41M SOL token sales, with Galaxy Digital leading purchases. The repayment process, overseen by BitGo, must be completed within 60 days.
🚨Bitcoin Network Activity Drops 55% to 12-Month Lows
Bitcoin's 7-day transaction average has fallen to 330,000, down 55% from its peak. Speculative activity has shifted to Solana (memecoins) and Base (AI tokens), while Runes and Ordinals now make up just 1% of transactions, with fee revenue plunging to $20K from $60M. The network is reverting to monetary transfers, raising concerns about long-term fee sustainability.
⚡️ Ripple Rebrands, Shifts Focus to Payments and Stablecoins
Ripple has rebranded, emphasizing cross-border payments, digital asset custody, and stablecoins while moving away from CBDCs. Its RLUSD stablecoin has already hit a $108.6M market cap with $3T in trading volume. The firm also partnered with Unicâmbio to enhance international transactions. #BNBChainMeme #BinanceAlphaAlert #Ripple #XRPRealityCheck #XRPBullishOrBearish? $XRP $ETH
📣 Wrapped AVAX Sees Increased Accumulation Despite Price Drop
Despite a 4.5% drop in price over the past 24 hours, Wrapped AVAX (WAVAX) has experienced a surge in accumulation, with 3,898 wallets increasing their holdings—nearly twice the recent average of 1,600. This trend, highlighted by on-chain data from TheTie, suggests growing confidence in WAVAX, even amid market weakness.
Several new tokens have gained significant traction this week, with BROCCOLI, FULLSEND, and B3 leading the pack in terms of rapid growth and trading activity.
➤BROCCOLI surged to a $151 million market cap within 24 hours, driven by hype surrounding Binance founder CZ’s dog. It now has over 35,000 holders and 155,000 transactions on BNB Chain.
➤FULLSEND on Solana jumped 260% in value, reaching a $54 million market cap in just four days, fueled by 164,000+ transactions and growing community interest.
➤B3, a gaming-focused project on Base, now ranks as the eighth-largest token on the chain, boasting a $203 million market cap despite recent volatility.
These tokens highlight the ongoing trend of viral crypto launches and the strong influence of social and community-driven hype.
🚨Argentina’s President Promotes LIBRA Meme Coin, Then It Crashes 89%🚨
Argentina’s President Javier Milei shared a Solana-based meme coin, LIBRA, causing it to surge to a $4.5B market cap before crashing 89% within hours. While Milei confirmed the post was real, on-chain analysts flagged red flags, including large token holdings in a single wallet. Data suggests developers may have withdrawn $87M, accelerating the price drop.
💰 Blum Raises $5M to Expand AI-Powered Trading on Telegram
Blum, a Telegram-based gamified DEX, secured $5 million in funding led by gumi Cryptos Capital, with backing from OKX Ventures, Spartan, and Binance Labs. With 32M+ users, Blum is shifting from a tap-to-earn to a trade-to-earn model, expanding multichain support and enhancing its trading bot, already the largest on Telegram. The project aims to dominate the TON ecosystem, where its Memepad platform has driven over $200M in trading volume.
Binance founder Changpeng Zhao (CZ) inadvertently triggered a memecoin hype after asking about the process of launching tokens. Following his mention of owning a Belgian Malinois, at least four new memecoins—Cleo, Biggie, Semyon, and Maui—were created. One, Cleo, already hit a $2.2M market cap with over 5,570 buyers. The trend highlights how crypto communities rapidly capitalize on industry figures for memecoin launches.
BNB Chain announced plans to integrate AI for smart contract automation, scale up to 100M TPS, and strengthen protection against MEV exploits. The roadmap includes Code Copilot for developers and AI-integrated DataDAOs. BNB surged 10% after the announcement but stabilized at $627.
📣 Binance Introduces Solayer (LAYER) via HODLer Airdrops and Listing
Binance has announced Solayer (LAYER) as the 8th project in its HODLer Airdrops program, rewarding BNB holders with token distributions. LAYER will be listed for trading today on February 11 at 14:00 UTC with BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. The circulating supply at launch will be 210 million LAYER (21% of total supply). Additionally, 30 million LAYER (3%) has been allocated for airdrops, with another 20 million set aside for future marketing campaigns.
🔴 Elon Musk's Name Change Triggers 3,000% Surge in HARRYBOLZ Token
Elon Musk's latest name change on X to "Harry Bōlz" sent the HARRYBOLZ token skyrocketing by 3,000%. This isn't the first time Musk's social media antics have influenced crypto markets—his previous name change to "KEKIUS Maximus" fueled a 500% rally in the KEKIUS token. While some speculate these moves hint at upcoming projects, others see them as classic Musk wordplay, igniting yet another memecoin frenzy.
📣 Binance Introduces Solayer (LAYER) via HODLer Airdrops and Listing
Binance has announced Solayer (LAYER) as the 8th project in its HODLer Airdrops program, rewarding BNB holders with token distributions. LAYER will be listed for trading today on February 11 at 14:00 UTC with BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. The circulating supply at launch will be 210 million LAYER (21% of total supply). Additionally, 30 million LAYER (3%) has been allocated for airdrops, with another 20 million set aside for future marketing campaigns.
📣 VC-Backed Tokens Under Fire as BERA Sparks Debate
Berachain's BERA token launch has reignited concerns over "VC coins" with heavy insider allocations. Critics argue that low circulating supply and high FDVs favor early investors, mirroring backlash against Aptos and Starknet. Meanwhile, Hyperliquid’s HYPE token, a non-VC-backed model, has surged 140%, showing a different path. While some VC-backed tokens fade post-launch, long-term success depends on real adoption, demand, and community trust.