Memecoin Controversy: Milei’s $4.4B Reversal
Argentina’s President Javier Milei deleted a tweet promoting $LIBRA, which surged to $4.4B before crashing 95%, impacting the memecoin market. #Breaking #Crypto $LIBRA (-9) ↘ (Source: CoinDesk)
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Argentina’s President Javier Milei deleted a tweet promoting $LIBRA, which surged to $4.4B before crashing 95%, impacting the memecoin market. #Breaking #Crypto $LIBRA (-9) ↘ (Source: CoinDesk)
Avalanche’s $AVAX stabilizes above the $25.30-$26.10 demand zone, aiming for a $30 target if momentum holds, with bulls eyeing a breakout above $27. #Update #Crypto $AVAX (+3) ↗ (Source: NewsBTC)
@cz_binance’s dog Broccoli inspired meme coins on BNB Chain, with $BROCCOLI trading over $0.14; one trader turned 1 BNB into $7M. #Update #Crypto $BROCCOLI (+7) ↗ (Source: Hodl.Press)
The US SEC acknowledges @21Shares’ XRP ETF filing, potentially boosting $XRP price with a 24x increase if approved. #Update #ETF $XRP (+7) ↗ (CoinGape)
Crypto analyst Dark Defender predicts $XRP could hit a new ATH of $5, highlighting bullish patterns and key resistance levels like $2.90 and $5.85 #Update #Crypto $XRP (+7) ↗ (CoinGape)
@pumpdotfun launched a mobile app for trading meme coins and creating tokens on Solana, available on iOS and Android, with 50,000 downloads so far. #Update #Crypto $SOL (-3) ↘ (Decrypt)
@MeebitsNFTs acquired by MeebCo, backed by 1confirmation, launching Bits rewards system with @opensea partnership to enhance community engagement #Update #Crypto $ETH (+6) ↗ (Decrypt)
Solana ($SOL) surged 6.35% to $202.42, with analysts predicting a potential rise to $225 and beyond, fueled by bullish market trends and increased trading volume. #Update #Crypto $SOL (+7) ↗ (CoinGape)
XRP’s price is trading at $2.55, nearing a breakout target of $2.62, with key support levels identified by analyst EGRAG CRYPTO. #Update #Crypto $XRP (+3) ↗ (Source: NewsBTC)
@SafeMoon plans to launch a memecoin on Solana after burning 2.2 trillion $SFM tokens across multiple networks, aiming to boost liquidity and exchange listings. #Update #Crypto $SFM (-6) ↘ (Source: CoinDesk)
$TRUMP surges 40% to $23, leading top 100 cryptos; $XRP and Dogecoin also gain, up 13% and 8% respectively. #Update #Crypto $TRUMP (+7) ↗ (Decrypt)
Sahil Arora admits to orchestrating a $BROCCOLI rug pull, profiting $3.3M, using Caitlyn Jenner’s wallet, causing massive losses for traders. #Update #Crypto $BROCCOLI (-9) ↘ (Decrypt)
Crypto analyst Ali Martinez (@ali_charts) highlights Solana’s ($SOL) strong performance above $190, suggesting a potential breakout to $225 or $260. #Update #Crypto $SOL (+4) ↗ (Source: NewsBTC)
DailyHodl: Analyst Michaël van de Poppe predicts a breakout for Solana-based Wormhole ($W) amid bullish divergence, while Bitcoin’s ($BTC) trend suggests potential explosive movement. #Update #Crypto $W (+3) ↗