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PEPE buyers are attempting to step in at the current levels. A good sign for some crypto coins would be to retake that pre-election level where the previous rally started. PEPE has been relatively strong the past few days, especially compared to other bigger memes.
Durov had been required to remain in the country since his arrest seven months ago.
Quick Take International bank Standard Chartered has slashed its 2025 ether price target by 60% from $10,000 to $4,000, citing factors like Base’s growing market share. The Bank of Korea has ruled out the idea of creating a bitcoin reserve, citing its high volatility.
Quick Take The GMCI Meme index’s largest holdings have faced substantial selling pressure as speculative traders exit. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Magic Eden saw an explosive but short-lived surge in Ordinals trading, with daily volume averaging nearly $50 million for eight days, driven by the Idiots NFT mint. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Offchain Labs introduced the Onchain Labs initiative, which focuses on developing new decentralized applications for Arbitrum. The initiative was launched in partnership with the Arbitrum Foundation and will provide support for early-stage developers and teams.
- 19:25Data: BOOP Market Cap Briefly Surpasses $500 MillionAccording to GMGN market data, the market capitalization of the platform token BOOP from the Meme coin launch platform boop.fun on Solana briefly surpassed $500 million, currently reported at $374 million, with a trading volume of $65.2 million within one and a half hours of launch. It is reported that boop.fun is a Meme coin launch platform founded by NFT whale and crypto KOL Dingaling. Unlike Pump.fun, boop.fun distributes transaction fees to BOOP token holders.
- 19:25A whale spent 800,000 USDC to buy 1.79 million BOOP, now facing an unrealized loss of $160,000According to a report by Jinse Finance, monitored by OnChain Lens, a whale address spent 800,000 USDC to purchase 1.79 million BOOP at an average price of $0.45, currently incurring an unrealized loss of $160,000. However, the whale address still holds 3.44 million USDC and may purchase more BOOP.
- 19:24Bitget Onchain Trading Launches Tokens such as BEDCOIN, DONKEY, DREAMBitget Onchain Trading launches MEME tokens BEDCOIN, DONKEY, DREAM, Shortcoin, MvG, and gork from the Solana and BNB Smart Chain ecosystems. Users can start trading in the Onchain trading section. Bitget Onchain Trading aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure onchain trading experience. Users can directly use their Bitget spot accounts (USDT/USDC) to trade popular onchain assets. Currently, it supports popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.