A Solana-based token named Trump Digital Gold (GOLD) surged to a $66 million valuation before crashing nearly 99% within about 30 seconds due to coordinated selling by insiders holding over 82% of the supply. The token was promoted by a verified X account linked to Trump merchandise, but the Trump family denied any involvement. This event follows a pattern of politically themed token scams on Solana, where social media hype leads to rapid price spikes followed by massive sell-offs. Authorities have warned about such schemes, but no law enforcement action has been disclosed yet regarding this incident.
Four cryptocurrency projects—Collector Crypt (CARDS), Kamino (KMNO), Sui (SUI), and EigenCloud (EIGEN)—are set to unlock a combined total of $47.12 million worth of tokens between October 29 and November 1. Collector Crypt will release 59.26 million ...
A recent snapshot of Coinbase's Ether order book revealed about $20.03 million in sell orders, surpassing buy orders by approximately $7.97 million. The largest sell order was for 4,200.01 ETH at $2,372 each, valued at nearly $9.96 million, priced sl...
Solana's stablecoin supply decreased to $15.653 billion on October 25, down from a record high of $17.51 billion in September. On the same date, the network reported $5.736 billion in decentralized finance (DeFi) total value locked and $12.47 billion...
Quant (QNT) surged 6.52% to $190.64, leading gains among the 90 largest cryptocurrencies excluding stablecoins, while most others declined. Notable risers included Ethena (ENA) up 5.41%, Pyth Network (PYTH) up 5.16%, and Rain (RAIN) up 3.51%. Meanwhi...
Binance experienced a significant net outflow of 1.177 billion Tether (USDT) within a 24-hour period, a sharp increase from a previous net outflow of 244 million USDT over the same timeframe. This large movement of stablecoins could indicate shifts i...
