Junkyard Cat (JUNKCAT) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Junkyard Cat (JUNKCAT), a new Solana memecoin that was launched this week, is poised to explode over 14,000% in price in the coming days.
This is because JUNKCAT 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, Junkyard Cat 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 Junkyard Cat could become the next viral memecoin.
Junkyard Cat 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 Junkyard Cat on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Junkyard Cat by entering its contract address – 6AdCuXXoxVMzPnczLjgqC9nQSBtcXnffVvRs8JsQvHhM – 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 JUNKCAT.
Bitcoin and Ether both experienced a 3.5% drop on May 24, disappointing many who anticipated a market boost from a significant institutional development.
According to Cointelegraph Markets Pro and TradingView, BTC hovered near $67,000, while ETH was priced at $3,670.
The expected market reaction to the U.S. regulators’ approval of spot Ether exchange-traded funds (ETFs) did not materialize.
This landmark decision for the crypto industry marks a significant policy reversal by the Securities and Exchange Commission (SEC).
However, the ETFs are not yet ready for trading, as additional preparations are required, which analysts suggest could take several weeks, pushing the potential launch to mid-June.
James Seyffart and Eric Balchunas, ETF analysts at Bloomberg Intelligence, discussed the possibility of a mid-June launch for the ETFs.
Consequently, BTC/USD and ETH/USD did not see a significant upward movement, instead retracting from local highs as the daily trading session closed.
Market participants were particularly interested in the interplay between Bitcoin and Ethereum, the two largest cryptocurrencies.
READ MORE: Bitcoin Battles to Hold $69,000 as Analysts Eye Potential Retracement
Daan Crypto Trades, a well-known trader, highlighted the impact of Ethereum’s recent rally on Bitcoin’s market dominance.
“With the recent $ETH rally, we’ve seen #Bitcoin Dominance head back down,” he stated on X.
“This has been in an up trend for about 1.5 years and if there’s anything that could reverse this trend it would be ETH leading on the back of an ETF being approved. 52% and 48% are the main levels.”
Other traders echoed this sentiment, suggesting that a shift in dominance could signal the beginning of an “altseason.”
Bitcoin’s dominance reached 57% in mid-April, its highest in over two years, just before the block subsidy halving event.
Popular trader Skew analyzed potential support levels for BTC, identifying a key zone around $66,000. In his May 23 analysis, he noted significant bid liquidity on Binance, the largest global exchange.
“Seeing some initial spot demand around $66K – $65K, reaction is key as well to gauge absorption of sellers. Spot supply remains around current high $72K – $76K,” he confirmed.
Skew emphasized that the recent price movements were primarily driven by spot exchanges, particularly highlighting Binance and Coinbase, the largest U.S. trading platform.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Apple has denied being a “monopolist” and insisted it faces “fierce competition” in the tech industry, according to a letter previewing its defense against a U.S. antitrust lawsuit.
In a letter dated May 21 to New Jersey federal judge Julien Neals, Apple’s attorneys requested a conference before filing a motion to dismiss the case.
They refuted U.S. allegations that Apple engaged in anticompetitive practices by restricting third-party access to its platform and designing products to “lock in” users to purchasing iPhones.
The company argued that its purported anticompetitive behavior merely involved making independent decisions regarding the terms and conditions for third-party access to its proprietary platform.
In March, the Justice Department filed an antitrust lawsuit against Apple, accusing the firm of holding a smartphone monopoly.
The suit claimed Apple restricted features of digital wallets and payments and enforced App Store rules that stifled competition.
Apple’s restrictions on fiat-only payments have also impacted the use of cryptocurrencies in iOS apps, making it financially unfeasible for crypto apps to offer in-app purchases due to a 30% fee known as the “Apple Tax.”
“Apple has opted to offer users a curated, secure, and reliable experience, in contrast to its competitors’ more open platforms,” the company stated.
Apple contended that the government did not “properly define the relevant market or establish that Apple has monopoly power in it,” and any alleged anticompetitive behavior occurred in different markets, such as digital wallets.
READ MORE: Bitcoin Hovers Near $67,000 as Traders Eye Key Resistance and Support Levels
“These products all exist in their own separate markets with their own competitive dynamics, and the Government’s failure to define the proper market for those products is fatal,” Apple asserted.
Apple further argued that the U.S. claims were invalid, citing the Supreme Court’s stance that a company’s decisions regarding third-party dealings do not constitute exclusionary conduct.
The company also countered the DOJ’s claim of a smartphone monopoly, asserting it faces strong competition from Google and Samsung, noting Google has the most-used mobile OS and Samsung leads in global smartphone sales.
The U.S. failed to provide a factual link demonstrating that Apple’s design decisions corner smartphone buyers, Apple claimed.
“Someone unhappy with Apple’s limitations has every incentive to switch to competitor platforms that ostensibly do not have those limitations,” the company stated.
Following the DOJ’s March filing, an Apple spokesperson told Cointelegraph that the lawsuit could “set a dangerous precedent” and potentially allow the government to heavily influence the design of technology.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Wizard Pepe (WIZPEPE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Wizard Pepe (WIZPEPE), a new Solana memecoin that was launched today, is poised to explode over 18,000% in price in the coming days.
This is because WIZPEPE 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, Wizard Pepe 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 Wizard Pepe could become the next viral memecoin.
Wizard Pepe 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 Wizard Pepe on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Wizard Pepe by entering its contract address – AJM9tnhfGz9xezv1rTjspoTug3YVpcmrp3gJ9FMDEEYj – 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 WIZPEPE.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Kim Jong Crypto (KIMCRYPT) presents a similar opportunity for a limited time.
Kim Jong Crypto (KIMCRYPT), 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.
KIMCRYPT will be listed on Bitrue, 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 Kim Jong Crypto.
Currently, Kim Jong Crypto 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 KIMCRYPT on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Kim Jong Crypto by entering its contract address – DY225ypZiG3aYkZnzaXJYDGtUz76uNuQiJLMzs6qGAZ5 – in the receiving field.
KIMCRYPT 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.
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has concluded that the Worldcoin project violated the Personal Data (Privacy) Ordinance (PDPO) in Hong Kong.
On May 22, Privacy Commissioner Ada Chung Lai-ling issued an enforcement notice to Worldcoin, ordering an immediate halt to all operations in Hong Kong involving the scanning and collecting of iris and facial images using iris scanning devices.
The PCPD launched its investigation into Worldcoin in January 2024 to assess whether its identity verification methods posed significant risks to personal data privacy and contravened the PDPO.
Between December 2023 and January 2024, the PCPD conducted ten covert visits to six premises involved in the Worldcoin project.
The PCPD found that collecting face images was unnecessary for verifying the humanness of participants since operators could perform this verification in person at the locations.
Thus, the collection of face images was deemed an unnecessary step.
Moreover, the PCPD highlighted that Worldcoin failed to provide adequate information, preventing participants from making informed decisions and giving genuine consent.
The privacy notice was not available in Chinese, leaving non-English speaking participants unaware of the project’s policies, practices, terms, and conditions.
READ MORE: Kraken Affirms No Plans to Delist Tether in Europe Amid MiCA Compliance Review
The PCPD stated:
“[…] the iris scanning device operators at the operating locations also did not offer any explanation or confirmed the participants’ understanding of the aforesaid documents.
They also did not inform the participants the possible risks pertaining to their disclosure of biometric data, nor answered their questions.”
The PCPD determined that under these conditions, the collection of face and iris images was unfair and unlawful, violating data protection principles.
Furthermore, Worldcoin’s retention of sensitive biometric data for up to 10 years solely for AI model training, including face and iris images, was deemed unjustified.
Worldcoin confirmed that 8,302 individuals had their faces and irises scanned for verification during its operation in Hong Kong.
The project, announced in 2021, saw over two million people sign up before its official launch in July 2023.
Worldcoin has faced regulatory scrutiny in many countries over privacy concerns, leading to the suspension of services in Kenya and the halting of iris scans in India.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Junkyard Cat (JUNKCAT) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Junkyard Cat (JUNKCAT), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
This is because JUNKCAT 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, Junkyard Cat 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 Junkyard Cat could become the next viral memecoin.
Junkyard Cat 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 Junkyard Cat on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Junkyard Cat by entering its contract address – 6AdCuXXoxVMzPnczLjgqC9nQSBtcXnffVvRs8JsQvHhM – 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 JUNKCAT.
U.S. prosecutors are seeking a five to seven-year prison sentence for former FTX executive Ryan Salame, who was allegedly a key accomplice to FTX co-founder Sam “SBF” Bankman-Fried, in connection with the collapse of the FTX crypto exchange.
On May 21, federal prosecutors submitted a sentencing memo to a Manhattan federal court, calling for a strict sentence for Salame, who has pleaded guilty to serious crimes related to the misuse of FTX investors’ funds.
According to a court filing viewed by Bloomberg, the prosecutors are advocating for a “just punishment” that reflects the severity of Salame’s crimes, contrary to his lawyers’ recommendation of no more than 18 months in prison.
“The campaign finance offense is one of the largest-ever in American history, and the unlicensed money transmitting business exchanged more than $1 billion without proper supervision,” said the prosecutors.
Salame’s sentencing, for aiding SBF in misappropriating $10 billion of users’ funds, is scheduled for May 28.
The prosecutors emphasized, “Only a meaningful period of incarceration could adequately deter the defendant and others and promote respect for the law.”
READ MORE: Bitcoin Hovers Near $67,000 as Traders Eye Key Resistance and Support Levels
On April 1, the U.S. District Court for the Southern District of New York sentenced SBF to 25 years in prison after he was convicted on seven felony charges.
Salame is set to be the first of SBF’s accomplices to be sentenced.
Salame joined Alameda Research in Hong Kong in 2019 and eventually became the CEO of FTX Digital Markets, the Bahamas-based subsidiary of FTX.
Other notable figures involved in the FTX scheme, including Caroline Ellison, Nishad Singh, and Gary Wang, have yet to be sentenced.
Meanwhile, several U.S. lawmakers are backing a bill intended to clarify the roles of financial regulators in the oversight of digital assets, aiming to prevent future incidents similar to FTX.
North Carolina Representative Wiley Nickel has called for the passage of the Financial Innovation and Technology for the 21st Century (FIT21) Act, which would define how the Securities and Exchange Commission and Commodity Futures Trading Commission regulate cryptocurrencies.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
YouTube investigator Stephen Findeisen, better known as “Coffeezilla,” has accused the AI company Rabbit of orchestrating an NFT scam and attempting to cover it up.
On May 21, Findeisen published a video on his Coffeezilla channel, revealing Rabbit AI’s involvement in NFTs.
He pointed out that the company, previously called Cyber Manufacture Co., had raised $6 million for an NFT project called Gama.
Years later, Rabbit AI’s founder and CEO, Jesse Lyu, tried to distance the company from its crypto past.
Findeisen highlighted Lyu’s statements on Discord, where Lyu asserted that the company would “never touch crypto” again.
Cointelegraph has reached out to Rabbit for comments.
Lyu explained that Gama was just a “fun little project” he participated in during the COVID-19 pandemic and that he left the project once the game was open-sourced.
However, Findeisen unveiled recordings of Lyu discussing ambitious plans for the NFT project. In these recordings, Lyu talked about investing millions to make Gama “a next-level experience.”
READ MORE: Pyth Price Feeds Launches on Orange – A UGC-Focused L1 Blockchain
He stated:“NFTs are only just the beginning […] After NFTs, we have these huge groundbreaking ideas about Gamaverse, and then after that, we have these again, huge, groundbreaking ideas about clean energy versus Gama Coin.”
Findeisen questioned where the $6 million raised for the Gama project went, given Lyu’s grand promises.
According to Coffeezilla, the company claimed that the funds were solely used for the NFT project.
Despite this, Coffeezilla argued that Rabbit should still be scrutinized, as it is built on the remnants of the Gama project. He also criticized the company’s viral R1 product, stating:
“So many of the promises of Gama didn’t happen.
“This is relevant to the R1 not just because this project is built on the skeleton of that scam project, it’s also because the R1 is overhyped in a similar way.”
In addition to Findeisen, others have criticized Rabbit’s R1 product as an “AI grift.”
On January 14, WeGPT founder and CEO Josh Olin claimed on X that Rabbit’s project was a “scam.”
Olin described the company’s product as a quick cash grab aimed at deceiving investors.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Ethereum co-founder Vitalik Buterin expressed his support for X engineer Haofei’s announcement on the decentralized social media platform Farcaster, where Haofei revealed that X will make “Likes” private.
On May 20, Buterin expanded on this idea, suggesting that Farcaster should implement zero-knowledge (ZK) likes to address preference falsification—misrepresenting true preferences due to social pressure or fear.
Zero-knowledge technology is a privacy-preserving cryptography method that enables one party to prove a statement’s truth to another without revealing confidential information.
Applied to likes, it would allow someone to prove they liked a post without revealing their identity.
Buterin proposed borrowing ZK technology from Zupoll, a tool used within the pop-up city concept he initiated, Zuzalu. Zupoll, focused on decentralization and cryptography, is utilized for anonymous voting and poll decision-making.
Buterin’s suggestion to use ZK technology aligns with Farcaster’s principles: user privacy, censorship resistance, autonomy, and differentiation from centralized social media platforms.
In response to rumors that X might hide users’ likes by default, Haofei confirmed that the platform would make likes private, explaining:
READ MORE: Bitcoin Hovers Near $67,000 as Traders Eye Key Resistance and Support Levels
“Public likes are incentivizing the wrong behavior. For example, many people feel discouraged from liking content that might be ‘edgy’ in fear of retaliation from trolls, or to protect their public image.”
Haofei added that users would soon be able to like posts “without worrying who might see it,” and emphasized that “the more posts you like, the better for you the algorithm will become.”
Community reactions were mixed. Some users suggested extending the idea to other features, stating, “Why stop at likes? Following is the same.”
In contrast, high-profile accounts like Wall Street Silver offered differing opinions.
Beyond ZK cryptography, Buterin has proposed solutions to mitigate the miner extracted value (MEV) issue.
MEV strategies allow validators to profit by arranging transactions within a block to exploit arbitrage opportunities.
However, this practice congests the network, increases trader slippage, and raises gas fees.
To address this, Buterin recommended MEV minimization quarantine techniques, the use of inclusion lists, and reduced requirements to run a node.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.