Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Black Doge (BLADOGE) presents a similar opportunity for a limited time.
Black Doge (BLADOGE), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
BLADOGE will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Black Doge.
Currently, Black Doge can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy BLADOGE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Black Doge by entering its contract address – 2PE8dLsJa64vymp3RU35wdFYataxZC6dA2rx162CF7pu – in the receiving field.
BLADOGE currently has a market cap of just under $10,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
PayPal’s PYUSD stablecoin, recently launched on Solana, will offer “confidential transfers” as an added feature.
On May 29, PayPal announced the deployment of its dollar-pegged stablecoin on the Solana blockchain, previously available only on Ethereum.
A significant new feature for PYUSD is “confidential transfers.”
According to a May 29 Solana blog post, this feature will enable merchants to maintain transaction amount confidentiality for their consumers while ensuring regulatory visibility.
Bitcoiner Udi Wertheimer commented, “This sounds a lot like ‘confidential transactions,’ a feature Bitcoin devs have been larping about for almost a decade but never built, and you’re telling me PayPal users will have it first? LOL,” in a post on X on May 29.
Helius Labs CEO Mert Mumtaz remarked, “PayPal didn’t expand to Solana purely for speed,” and added, “Solana also allows confidential transfers and token programmability natively on the L1 itself. Confidential transfers alone are a game-changer.”
Additional programmability on Solana includes “transfer hooks,” allowing specific programs to be called with each token transfer, giving wallets more control over the asset.
Solana’s token extension standard, compliant with the SPL token standard, provides several benefits for PayPal’s stablecoin.
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These benefits include reduced development and testing, enterprise-ready “plug-and-play” capabilities, and flexibility.
“TEs [token extensions] are an open standard that allows PYUSD to be integrated and used not only in the PayPal ecosystem but also outside of PayPal with any compatible wallet, exchange, or library,” explained the Solana Foundation.
PYUSD was launched in August 2023 and is primarily backed by U.S. Treasury Reverse Repurchase Agreements, as per issuer Paxos.
Its circulating supply has increased by 50% since the beginning of this year, with a 24-hour trading volume of around $18 million, according to CoinGecko.
Previously, the Paxos Trust Company-issued stablecoin was only available on Ethereum.
The total circulation is around $400 million, with the current supply on Solana at $5 million, according to Solana’s network explorer.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Pepe Whale (PEPEWHALE) presents a similar opportunity for a limited time.
Pepe Whale (PEPEWHALE), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
PEPEWHALE will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Pepe Whale.
Currently, Pepe Whale can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy PEPEWHALE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Whale by entering its contract address – GMbDJs1S666TurCdEcRAHJikcdM9BCZXLdb4x792tPUY – in the receiving field.
PEPEWHALE currently has a market cap of just under $10,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Robinhood, the popular trading platform, is finalizing a settlement with investors who sued the company for halting the trading of certain meme stocks in 2021, including GameStop.
According to a May 28 filing in a Miami federal court, Robinhood’s lawyers stated that the settlement with the group of investors is nearly complete and is expected to be finalized and dismissed within the next two weeks.
The filing did not provide details of the settlement, and neither Robinhood, its counsel, nor the investors’ counsel responded to requests for comment.
The investors, led by Plaintiff Blue Laine-Beveridge, accused Robinhood of “unlawfully manipulating market prices” and causing “tens of billions of dollars of investors’ equity” losses by selectively restricting the stocks its users could buy between January 28 and February 4, 2021.
The affected stocks included GameStop, AMC, Bed Bath & Beyond, BlackBerry, Nokia, trivago, Koss, Express Inc., and Tootsie Roll.
This lawsuit focused on Robinhood’s alleged violations of securities law and is part of a broader legal action in multiple U.S. jurisdictions regarding the company’s handling of meme stocks.
The settlement follows United States District Judge Cecilia Altonaga’s denial of the investors’ request to file a new motion for class certification on April 19.
A similar request had been denied in November of the previous year.
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Meme stocks, such as GameStop and AMC, are so named because retail investors often trade them based on social media hype.
GameStop’s stock surged dramatically in January 2021 due to a “short squeeze,” causing significant losses for hedge funds and short sellers while some retail traders made substantial gains.
The surge in GameStop’s stock price was largely credited to Keith Gill, known as “Roaring Kitty,” who recently returned to social media platform X in May after a nearly three-year hiatus.
His return and cryptic posts excited traders, pushing GME’s stock to close at $48.75 on May 14, its highest since late 2021, according to Google Finance.
However, GameStop’s stock has since dropped significantly, closing down nearly 11% on May 29 at $21.24, with an additional 2% decline in after-hours trading to $20.78.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Innocent Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Innocent Trump (INOTRUMP), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
This is because INOTRUMP has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Innocent Trump can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Innocent Trump could become the next viral memecoin.
Innocent Trump launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Innocent Trump on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Innocent Trump by entering its contract address – JDco3yhutHK3aqWaCsLPBzMVoAgcFALZka85r1YWmsAi – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like INOTRUMP.
United States spot Ether exchange-traded funds (ETFs) may launch by late June, according to analysts, after BlackRock updated a crucial filing.
On May 29, BlackRock revised its Form S-1 for its iShares Ethereum Trust (ETHA) with the Securities and Exchange Commission (SEC).
This follows the SEC’s approval of its 19b-4 filing, both required for the ETF to begin trading.
“Good sign. [Probably] see rest roll in soon,” Bloomberg ETF analyst Eric Balchunas noted in a May 29 post on X.
Balchunas mentioned that another round of adjustments to SEC comments is expected, but an “end of June launch [is] a legit possibility.”
He maintained his approval odds around July 4, considering an earlier approval a “long shot.”
Bloomberg ETF analyst James Seyffart said BlackRock’s updated S-1 indicates significant progress, suggesting “issuers and SEC are working towards spot Ethereum ETF launches.”
BlackRock’s revised S-1 included details about its seed capital investor, the entity providing funds for the ETF to start trading.
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On May 21, the investor, a BlackRock affiliate, “agreed to purchase $10,000,000 in Shares on May 21, 2024, and on May 21, 2024, took delivery of 400,000 Shares at a per-Share price of $25.00,” according to the filing.
The filing also confirmed the ETF would list and trade under the ticker “ETHA.”
This development coincides with Hashdex withdrawing its bid for a spot Ether ETF, despite the SEC approving it along with BlackRock and seven other issuers.
A source familiar with the application informed Cointelegraph that Hashdex “no longer intends to move forward with a single asset Ether ETF.”
Analysts predict the launch of these ETFs could propel ETH to new highs, with some viewing it as a bet on Web3’s growth.
However, there is also speculation that ETH could face price pressure due to potential outflows from the Grayscale Ethereum Trust (ETHE), which might see $110 million in average daily outflows for weeks post-conversion and discount narrowing.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Devil Biden (DEVBIDEN), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
Currently, Devil Biden can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Devil Biden could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin.
Devil Biden launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Devil Biden on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Devil Biden by entering its contract address – Hu1cFazfpaEFyJ3ETdotpTSBModCC4pJoCvVyLNiTKm7 – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DEVBIDEN.
Alleged serial scammer Sahil Arora has raised over $300,000 in a token presale using the name of Australian musician Iggy Azalea for a new celebrity memecoin.
On Tuesday, posts from Azalea’s X account distanced her from Arora’s presale, mentioning a planned legitimate crypto project.
“Basically I was interested in making a legit coin with utility but Sahil tried it n thought I wouldn’t see his weirdo lil presale telegram shit,” Azalea’s account said in a now-deleted post on X.
The Australian rapper reportedly quit Twitter last year to escape “bad vibes” and announced a hiatus from the platform in 2015.
Azalea’s brand is now among the growing list of public figures linked to memecoins through some form of association with Arora.
American rapper “Rich the Kid” (Dimitri Leslie Roger) accused Arora of hacking his X account to promote the “RICH” token.
Olympic medalist Caitlyn Jenner also claimed Arora scammed her during her token launch, which reached over $40 million in market capitalization since May 27, according to Dexscreener.
Jenner’s token lost about 50% of its peak market cap by May 28.
This week, Arora’s alleged illicit activities are drawing public attention due to his involvement in celebrity memecoin projects.
He has been accused of several scams, including Avalanche-based rug pulls, which reportedly earned him small amounts in stolen fees.
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A Telegram channel details a recent token launch campaign where participants accuse Arora of conducting a rug pull.
An investor in that project, speaking to Cointelegraph anonymously, said that the liquidity was removed within five minutes of the coin’s launch.
“If I can remember vividly, I don’t think he got more than 6-8 AVAX for $RICH,” the investor said.
Arora is also accused of masterminding an alleged rug pull tied to former NBA star Dwight Howard.
Arora denies his campaigns are scams, claiming people “couldn’t time right entries so they got burned.”
“Tons of people make big from my launches,” Arora told Cointelegraph. “The few that don’t become haters.”
A 2017 article by the Times of India noted that Arora dropped out of Pathways School to launch a taxi application. He has since founded numerous businesses, including ZelaaPayAE and Habibi.
A former contractor for ZelaaPayAE claimed Arora failed to pay 800 British pounds until threatened with being reported to authorities.
In 2017, Vijay Shekhar Sharma, founder of PayTM, accused Arora of identity theft.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Trump Meow (TRUMPMEO) presents a similar opportunity for a limited time.
Trump Meow (TRUMPMEO), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
TRUMPMEO will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Trump Meow.
Currently, Trump Meow can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy TRUMPMEO on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Meow by entering its contract address – 5qRmBHnwHKdmbqWz6mPajjSHMgg4Yy1enxhjRJSMtnyF – in the receiving field.
TRUMPMEO currently has a market cap of just under $13,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Bitcoin has now spent 42 days in the “boredom zone,” and crypto traders are split on whether it is consolidating for another surge or facing a 20% pullback toward crucial support levels.
“We have now spent 42 days in the low volatility and boredom zone,” pseudonymous crypto trader CryptoCon declared in a May 30 X post, explaining a lack of volatility in Bitcoin’s price is the main sign of “boredom in the market.”
Bitcoin is currently trading at $67,680, just 6.7% higher than its price 42 days ago, according to data from CoinMarketCap.
Apart from two occasions breaking outside its support and resistance levels, at $58,253, and reaching $71,443, Bitcoin has mainly traded within a narrow range throughout the period.
Pseudonymous crypto trader Willy Woo believes that Bitcoin’s extended consolidation is a positive sign that its price hasn’t peaked yet, forecasting that it only has “more room to run before topping out,” in a May 29 X post.
Pseudonymous crypto trader Daan Crypto Trades believes Bitcoin is currently in the price discovery phase, where “anything goes really.”
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“In price discovery, it can be difficult to make targets as there are no levels to watch for,” Daan Crypto Trades argued in a May 29 X post.
He argued that once it breaks through its current all-time highs of $73,679, it could reach $102,073 before the year’s end.
However, crypto traders using different indicators are not as hopeful about what comes next.
Founder of Cane Island Alternative Advisors Timothy Peterson pointed out that Bitcoin’s price may drop to somewhere around $54,190 based on the Bitcoin Price to Metcalfe Value—an indicator suggesting the value of Bitcoin is proportional to the square of the number of users or participants in the Bitcoin network.
“This is Bitcoin’s Price to Metcalfe Value. When the ratio is >100% it has always predicted a bear market of -20% or more.
“This week, it hit 102%.
“There is a 2/3 chance of a -20% decline in 6 months,” Peterson explained.
“Odds are high that Bitcoin will drop to the low 50s sometime in the next 180 days,” he added.
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