🔥 The AI-powered crypto revolution has arrived! KAITO is officially listed on Binance, bringing cutting-edge AI-driven insights to the blockchain world.
📈 Will KATO soar to new heights or face major corrections? 💰 Holders & traders, what’s your price prediction?
🔍 Market Insights: ✅ Massive 22.56% Surge – BERA is leading the market gains! ✅ Strong Trading Volume – Over 13.12M BERA exchanged in 24 hours. ✅ Key Resistance: $8.161 – A breakout could send prices soaring higher! ✅ Support Levels: $8.021 | $7.975 | $7.928
📊 Technical Indicators to Watch: 🔹 MACD: Bullish momentum building? 🔹 RSI: Overbought zone approaching? 🔹 Bollinger Bands: Price nearing the upper band – time for a breakout or pullback?
💡 Market Outlook: If BERA breaks $8.161, expect more upside momentum! But if resistance holds, a short-term correction could follow. Watch closely for the next big move!
⚡ Are You Trading BERA? Drop Your Thoughts Below! ⚡ #Crypto #BERA #USDT #Trading #BullRun
It feels like I’m cursed in this crypto market! Every coin I buy either dumps or stays stagnant. Am I the only one experiencing this, or is it just the market playing games with everyone? #crypto #CrptoInvesting #BearTrape
The patience game in crypto! 📉📈 #BERA Coin jumped from $8 to $15, but I held on, waiting for $20… Now it’s back between $8-$7! 🤔 Should I sell or wait? What’s your opinion? 💭💰” #BERA #Dollar #Spot
“🚀 Bera Coin launched just a few hours ago at $6, skyrocketed to $15, and has now dropped to around $7-8. Volatility at its peak! 📉 Will it bounce back in the next 24 hours or continue to dip? What’s your prediction? 🤔💹 #beracoin #Crypto #Volatility
Scammers Exploit TRUMP Meme Coin Hype to Steal $857 Million
Research by Global Ledger shows that scammers leveraged the TRUMP meme coin hype to steal over $857 million from the crypto market in the past week.
Scammers allegedly created tokens representing other national leaders, sent them to major TRUMP wallet holders to establish legitimacy, and then initiated a rug pull.
TRUMP Meme Coin Hype Created a Rug Pull Frenzy
Donald Trump launched a meme coin, TRUMP, last Friday, igniting a chaotic buzz across the crypto market. By Wednesday, the token’s market cap hit $8 billion, following a peak of $15 billion on Sunday.
Fraudsters have been exploiting the token’s popularity by sending fake coins to wallets associated with the TRUMP team and its creators. Crypto traders, closely watching these wallets, mistakenly bought these worthless tokens.
They assumed that the TRUMP meme coin team was intentionally buying these tokens and had insider knowledge. Scammers anticipated this behavior and capitalized on it.
According to Global Ledger, at least $857.5 million has been generated through four scam tokens tied to international figures. These tokens—JMilei, MELON, WTRUMP, and PUTIN—were cashed out on major exchanges, including Binance, OKX, Crypto.com, and Bybit.
Onchain Data Shows How Fake PUTIN Meme Coin Rug Pulled Users. Source: Solscan
Further investigations found that three tokens—PUTIN, KING, and BUFFET—were linked to the same deposit wallets on Binance. These wallets withdrew $91.3 million.
The pattern suggests that a single entity or group created and cashed out these tokens.
Earlier reports highlight that just 40 wallets control 94% of the total supply of TRUMP and MELANIA meme tokens.
Despite this concentration, most holders are small-scale investors, with over 80% owning less than $1,000 worth of tokens on Solana.
Additionally, 42% of TRUMP and MELANIA token buyers are first-time crypto investors, according to a separate survey.
“Now is the time to talk about the fact that large-scale political coins cross a further line: they are not just sources of fun, whose harm is at most contained to mistakes made by voluntary participants, they are vehicles for unlimited political bribery, including from foreign nation states,” Ethereum Co-founder Vitalik Butein recently wrote on X (formerly Twitter).
Meanwhile, Ryan Fournier, chairman of Students for Trump, has been scrutinized for allegedly triggering a rug pull in the TIKTOK meme coin.
On-chain data shows Fournier sold $700,000 worth of the token, draining liquidity and causing its market value to plunge. Fournier denies any wrongdoing.
Overall, scammers are exploiting the current meme coin hype to the fullest extent. Users must stay cautious and understand the dangers and profound volatility of these tokens.