Tokens

Pump.fun’s ambitious buyback drives PUMP token surge despite valuation doubts

Pump.fun’s ambitious buyback drives PUMP token surge despite valuation doubts

PUMP, the native token of Solana-based memecoin launchpad Pump.fun, has experienced a significant price boost following its first-ever token buyback. On July 16, blockchain analyst Ember CN reported that Pump.fun spent 111,953 SOL, worth $18.34 million, to repurchase 3.04 billion PUMP tokens at an average price of $0.006. According to Ember CN, the SOL used […]

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0M investor in Trump’s World Liberty Financial denies links to banned Chinese market maker

$100M investor in Trump’s World Liberty Financial denies links to banned Chinese market maker

Aqua1 Foundation, a UAE-based investor in the World Liberty Financial (WLFI) DeFi project, has publicly denied affiliation with Chinese market-making firm Web3Port. The clarification comes in response to growing speculation surrounding the fund’s recent $100 million investment in World Liberty Financial, a blockchain project with ties to US President Donald Trump. Relationship with Web3Port? On

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PUMP debuts at .6B FDV, logs M volume within first 3 hours

PUMP debuts at $5.6B FDV, logs $34M volume within first 3 hours

Pump.fun’s PUMP token opened at a fully diluted valuation (FDV) of roughly $5.6 billion on July 14 and fell 7.3% within the first three hours of trading, according to DEX Screener data.  The Solana-based coin changed hands at approximately $0.005128 at 20:30 UTC, implying a current FDV of nearly $5.12 billion, liquidity of $19.3 million,

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Sonnet pivots to a 8 million Hyperliquid’s HYPE-centric venture

Sonnet pivots to a $888 million Hyperliquid’s HYPE-centric venture

Sonnet BioTherapeutics, a publicly listed biotech firm, has announced a definitive merger agreement with Rorschach I LLC, a newly formed entity backed by Atlas Merchant Capital and other crypto-focused investors, including Paradigm Ventures. According to a July 14 statement, the merged company will adopt a new name, Hyperliquid Strategies, Inc. (HSI), and shift its focus

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Memecoin platform PumpFun concludes one of the fastest ICOs, raising 0M in 12 minutes

Memecoin platform PumpFun concludes one of the fastest ICOs, raising $600M in 12 minutes

Pump.fun, a platform that enables anyone to create and launch memecoins, concluded one of the largest and fastest initial coin offerings (ICOs) on Saturday. Within 12 minutes of the ICO going live, the platform raised $600 million from the sale of 15% of its token supply for $0.0040 each. The ICO, which ended far quicker

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NFT-related tokens soar in Q2, with PENGU leading despite decline in trading volumes

NFT-related tokens soar in Q2, with PENGU leading despite decline in trading volumes

NFT-related tokens delivered the strongest sector performance in the second quarter, gaining an average of 55.4% even as dollar-denominated NFT trading volume fell to multi-year lows. Artemis data shows that the average gains from NFT-related tokens surpassed the second-best performance, which was Ethereum’s (ETH) 37.2%, by nearly 50%. Pudgy Penguins’ PENGU token accounted for much

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Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3% in the past 24 hours, but major altcoins are leading the gains during the same period. Ethereum (ETH) breached the $3,000 threshold for the first time since Feb. 2, and is currently trading at $2,987.55 as of press time,

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Memecoin platform Pump.fun targets third-largest token sale in history

Memecoin platform Pump.fun targets third-largest token sale in history

Solana-based memecoin platform Pump.fun is preparing for what could become one of the largest token sales in crypto history. The project aims to raise $1.32 billion through its upcoming PUMP token offering, potentially securing the third spot among the highest-ever fundraising events in the industry. According to data from Cryptorank, Pump.fun’s fundraising goal would put

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Pump.fun’s PUMP ICO stirs controversy over token allocation

Pump.fun’s PUMP ICO stirs controversy over token allocation

Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12. The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders. PUMP’s ICO details About 33% of the total PUMP token supply

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Polymarket faces backlash over disputed 0M Zelensky ‘suit’ market

Polymarket faces backlash over disputed $200M Zelensky ‘suit’ market

Polymarket, a crypto-based betting platform, has recently been involved in two controversies surrounding its resolution system, raising questions about the reliability of decentralized dispute mechanisms. One controversy centers on a $200 million bet on whether Ukrainian President Volodymyr Zelensky would wear a suit before the end of June. The wager’s outcome has sparked debate about

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