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#nfts #crime #culture #web3 #community #featured

NFT Paris was supposed to be the kind of week people plan their year around. You book the ticket, you text the group chat, you lock in the flights before prices jump, you tell yourself the hotel bill is “work”, you start quietly hoping the market gives you a reason to feel optimistic again. Then, […]
The post Two major crypto events canceled after city hit by 18 violent physical attacks on crypto holders amid market downturn appeared first on CryptoSlate.

#news #nfts #nft #web3 #nike #rtfkt

Deal follows NFT shutdown as Nike retreats from digital collectibles amid cooling market demand

#nfts #short news

Eight CryptoPunks NFTs have been added to the permanent collection of New York’s Museum of Modern Art (MoMA), marking a major milestone for NFTs in traditional art. The works were donated through an initiative led by Art on Blockchain, with support from several crypto art collectors. Larva Labs, the original creators of CryptoPunks, also contributed …

#nfts

The launch of BIRB token could significantly boost Moonbirds' market presence, potentially positioning it as a major player in the web3 economy.
The post Moonbirds to launch BIRB token in early Q1 2026 appeared first on Crypto Briefing.

#news #nfts #tech

The NFT brand’s animated segments will air on the Sphere across Christmas week, signaling the crypto company's move into real-world consumer markets.

#nfts

Magic Eden $ME token buybacks to expand with Swaps, Lucky Buy, and Packs in 2026, channeling new revenues to strengthen the token economy.
The post Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs appeared first on Crypto Briefing.

#nfts

The incident highlights the volatility and misinformation risks in the crypto market, emphasizing the need for verified communication channels.
The post OpenSea CMO refutes rumors of a $150 million SEA token sale on Coinbase appeared first on Crypto Briefing.

#nfts

The controversy highlights the ongoing tension between sports figures and the ethical challenges surrounding digital asset ventures.
The post Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale appeared first on Crypto Briefing.

#nfts #stablecoin #ripple #blackrock #xrp #xrp ledger #dexs #xrp price #david schwartz #matthew sigel #xrp news #xrpusd #xrpusdt #xrpl #ondo finance #decentralized exchanges

A debate over the XRP Ledger’s (XRPL) economy model has ignited after Ripple’s Chief Technology Officer (CTO), David Schwartz, directly addressed questions about taxation on the blockchain. Critics have suggested that if XRP holders do not earn from the ecosystem, someone must be collecting a tax. Schwartz’s response challenges this assumption, framing the XRP Ledger as a public utility rather than a profit-generating mechanism for token holders. The debate has since sparked broader conversations about real-world use cases, passive income expectations, and the underlying purpose of the XRPL blockchain.  Ripple CTO Says No Tax On The XRP Ledger  In a post on X social media, Schwartz clarified that the XRP Ledger does not impose a tax on its users. He explained that the ledger allows holders to issue assets, trade, create NFTs, and make payments without central authority extracting value from these financial activities. He also stated that transaction fees and reserves exist solely as anti-spam measures, not as a mechanism for wealth extraction.  Related Reading: Ripple CTO Explains Real Value Of XRP Ledger And Why It Doesn’t Trigger Price Rallies The Ripple CTO emphasized that ownership of XRP does not give anyone the right to collect fees or profits from the ledger itself. He drew a comparison to Bitcoin’s blockchain, highlighting that the XRPL provides similar decentralized functionality while also supporting features such as Decentralized Exchanges (DEXs), stablecoins, and NFTs. These features work without XRP holders needing to profit from the system’s operations.  Schwartz’s remarks on taxes on the XRPL blockchain come after Matthew Sigel, head of digital asset research at VanEck, raised questions about who benefits if XRP holders do not earn anything from the ecosystem and the protocol itself does not generate value. In response, other members of the community, including XRPL dUNL validator Vet, emphasized that the absence of a tax encourages developers and users to focus on building meaningful, functional use cases rather than relying on passive income.  XRP’s Utility Outweighs Tax Considerations The XRPL tax debate between Schwartz and Sigel also intersected with discussions about the blockchain’s real-world applications. In a much earlier post, Sigel questioned the blockchain’s relevance, subtly hinting that its supporters overstate its functionality.  Related Reading: XRP Leading A $400 Trillion Revolution? How Ripple’s Tokenization Campaign Is Sparking Utility In response, an XRP community member pointed to the recent collaboration between Ondo Finance, Ripple, and BlackRock, in which the XRP Ledger will be utilized for stablecoin issuance, minting, Treasury asset redemption, and liquidity enhancement in financial markets. While Sigel acknowledged the innovative initiative, he reiterated that these applications do not directly generate revenue for XRP token holders, highlighting a gap between network activity and personal gain.  Schwartz responded by explaining that the value of XRPL stems from enabling financial independence and reducing reliance on intermediaries, rather than providing passive income. He added that focusing on tax collection as a measure of success can overshadow the blockchain’s purpose of promoting open access and meaningful innovation. Featured image from Peakpx, chart from Tradingview.com

#nfts #defi #solana #decentralized finance #sol #solana price #sol price #solusd #solusdt #solana news #sol news #cryptopulse #crypto vip signal

Solana’s recent pullback appears to be finding direction as the price drifts toward the $160 zone, a level attracting strong-handed investors. Despite short-term weakness, sentiment around SOL remains steady, with traders viewing the dip as a potential accumulation opportunity before momentum shifts back in favor of the bulls. Triangle Breakdown Brings SOL To A Critical Accumulation Zone According to the latest outlook from Crypto VIP Signal, Solana’s price recently broke out of a downward triangle, signaling a temporary shift in market structure. This move has brought SOL down to a crucial support region where buyers have previously shown strong interest. The reaction from this area will likely determine whether the market stabilizes for a rebound or continues its downward trajectory in the short term. Related Reading: Solana Price Drops Below $180 Despite $199M ETF Inflows, What’s Behind the Decline? At present, Solana is hovering around the $160 zone, which many analysts view as an important accumulation range. Historically, this level has acted as a reliable base where bullish momentum often begins to build. If demand increases and the broader market sentiment improves, SOL could see a bounce that propels it back toward higher resistance levels.  Even with this potential upside, caution remains necessary. Market volatility continues to influence price movements, and a decisive drop below the $150 level could signal a deeper bearish extension. The expert noted that setting a stop-loss slightly under $150 helps protect against this scenario while allowing room for short-term fluctuations. For now, speculation is whether Solana can hold its current support and attract renewed bullish pressure, potentially marking the start of a recovery phase in the coming days. Solana Steadies At Key Weekly Levels Amid Market Slowdown In a recent post on X, CryptoPulse highlighted that SOL is currently holding around key weekly levels as it works to regain strength following recent market pullbacks. The analyst noted that despite short-term weakness in momentum, the overall market structure remains resilient, suggesting that the asset could soon stabilize and prepare for its next move. Related Reading: Solana (SOL) Decline Intensifies — Bears Tighten Grip, Recovery Looks Unlikely According to CryptoPulse, Solana’s long-term outlook is supported by solid fundamentals and a growing ecosystem. The project continues to attract increasing adoption across decentralized finance (DeFi), NFTs, and enterprise applications. Moreover, heavy institutional interest has further strengthened confidence in Solana’s potential to remain one of the leading blockchain platforms in the crypto space. At the moment, CryptoPulse recommends maintaining a neutral and patient stance as the price consolidates, which could offer a more favorable entry point, especially if SOL begins to recover. Once momentum returns, the analyst believes Solana could swiftly reclaim higher resistance levels and potentially resume its broader upward trajectory. Featured image from Pxfuel, chart from Tradingview.com

#nfts #culture #featured

NFT trading activity showed signs of life in Q3 2025, breaking a long stretch of decline that defined the post-hype years. After two years of contraction and shifting narratives, on-chain markets found a new footing, not in blue-chip collectibles or speculative art, but in cheaper rails, loyalty programs, and sport-linked assets that traded more on […]
The post NFTs are coming back but Blue Chip projects are on life support appeared first on CryptoSlate.

#nfts

Hoffman's engagement with CryptoPunks underscores tech leaders' growing interest in blockchain, potentially boosting NFT and crypto adoption.
The post LinkedIn co-founder Reid Hoffman acquires CryptoPunk PFP appeared first on Crypto Briefing.

#nfts

NBA Top Shot's innovations could further integrate blockchain into mainstream sports, enhancing fan engagement and digital asset ownership.
The post NBA Top Shot kicks off 2025-26 season with star partnerships, player autographs, and blockchain enhancements appeared first on Crypto Briefing.

#trading #nfts #crypto #tokens #featured

Devin Finzer, co-founder and CEO of OpenSea, the largest non-fungible token (NFT) marketplace, announced on Friday that the platform is reinventing itself to “trade everything.” Founded in 2017, OpenSea is the largest NFT marketplace with a market share of over 55% at the time of writing, according to data from NFTScan. Its trading volume crossed […]
The post OpenSea is evolving to become a platform to ‘trade everything’; set to launch token in 2026 appeared first on CryptoSlate.

#nfts #web3 #startups #decentralized infrastructure #companies #crypto ecosystems #metaverse & nft #aggregator

OpenSea is pivoting towards multi-chain crypto trading aggregation, letting users swap NFTs, memecoins, and tokens across 22 blockchains.

#ethereum #nfts #defi #ethereum price #eth #decentralized finance #meme coins #vitalik buterin #google #eth price #ethusd #ethusdt #ethereum news #eth news #ethereum ecosystem #bull flag pattern #egrag crypto

The Ethereum price is back in the spotlight as market analysts and ETH’s own founder, Vitalik Buterin, outline bold predictions for the asset. While experts forecast that Ethereum could surge to $33,000, Buterin draws parallels between the cryptocurrency’s future role in finance and Google’s dominance in search. As a result, the ETH founder has suggested that low-risk Decentralized Finance (DeFi) may become Ethereum’s breakthrough “Google Moment.”  Ethereum Price Projected To Soar To $33,000 A recent chart analysis by prominent market expert Egrag Crypto paints an optimistic picture for Ethereum’s long-term price trajectory. Based on the analyst’s chart, ETH could potentially rise to $33,000 before the end of 2025.  Related Reading: Bullish Continuation Setup Says Ethereum Price Is Headed For $6,500, Here’s When Egrag Crypto notes that ETH has a history of overshooting measured targets once it breaks out of major continuation patterns. This trend has been visible across previous market cycles, lending weight to his previous projection that the next ETH rally could be monumental. In Ethereum’s earlier cycles, key formations, such as the Bull Flag and the Rectangle Continuation Pattern, produced extraordinary gains that exceeded expectations. The Bull Flag pattern overshot its target by 145%, while the rectangle continuation exceeded projections by an even greater 181%.  Now, ETH is forming what Egrag Crypto identifies as a Descending Broadening Wedge, a setup that typically signals bullish continuation once the breakout is confirmed. According to the expert, the measured move from this wedge suggests an initial price target of $12,300. However, when factoring in Ethereum’s historical tendency to overshoot by an average of 163%, he sees the cryptocurrency skyrocketing as high as $33,000.  Low-Risk DeFi To Unlock ETH’s ‘Google Moment’ In a report published on September 21, Buterin describes what he sees as Ethereum’s upcoming Google moment. Just as Google secured long-term dominance by finding its core economic driver in search and ads, the crypto founder argues that Ethereum now has the opportunity to anchor its ecosystem with low-risk DeFi and unlock comparable growth.  Related Reading: Ethereum Price Will Still Climb Above $5,000 As Long As It Holds This Level Buterin also emphasized the growing importance of sustainable applications within the Ethereum ecosystem. Historically, ETH has struggled to balance two distinct categories of applications—those that generated significant revenue like NFTs and meme coins, and those that aligned with Ethereum’s broader vision, such as decentralized identity and privacy protocols.  Buterin notes that the underlying issue was that revenue-generating applications often lacked long-term sustainability, while mission-driven projects lacked economic weight. He believes that low-risk DeFi could be the solution that bridges this gap. By enabling global, permissionless access to stable wealth-building mechanisms such as interest-bearing assets, bonds, and currencies, the crypto founder highlighted that Ethereum could achieve economic sustainability.  He also expressed hope that Ethereum could potentially surpass Google’s legacy. Buterin mentioned that Google was often criticized for straying from its core mission and becoming an antisocial, profit-maximizing corporation. However, ETH is fundamentally different, with decentralization embedded deeply at both technical and social levels.  Featured image from Getty Images, chart from Tradingview.com

#bitcoin #nfts #defi #solana #stablecoin #btc #sol #solana price #jupiter #sol price #kamino #solana blockchain #raydium #solusd #solusdt #solana news #sol news #wbtc #orca #drift #rwas #wrapped btc #solana sensei #zeus network

Bitcoin has been celebrated as digital gold and a secure store of value with limited functionality, but Solana’s high-speed, low-cost blockchain is changing that narrative. By bridging BTC into SOL’s DeFi ecosystem, BTC gains instant settlement, programmable use cases, and access to lending, borrowing, and yield opportunities. The best form of Bitcoin is literally on Solana, citing the network’s ability to transform BTC from a static store of value into a dynamic, productive asset. Solana Sensei, the Founder of Sensei holdings and Namaste group, has highlighted on X that 66% of all wrapped Bitcoin (wBTC) traders are on the Solana network. He supports this claim with the reasons why people are choosing to hold and use their BTC on SOL. Why Solana’s Speed And Low Fees Change The Game Solana is extremely cheap in transactions, a stark contrast to the $5 to $50+ fees often seen on the Bitcoin or Ethereum networks for the same move. With transaction finality in approximately 400 milliseconds, BTC transfers on SOL become nearly instant, compared to the minutes or hours of waiting on other chains. SOL’s capacity to process 65,000 TPS allows it to handle BTC at an internet-scale without network congestion. Related Reading: Mike Novogratz Backs Solana As The Blockchain Of Choice For Financial Markets – Here’s Why Furthermore, Bitcoin becomes a programmable asset with deep integration into DeFi protocols like Jupiter, Raydium, Orca, Drift, and Kamino, enabling instant trading, lending, and use as collateral. Also, BTC becomes programmable in SOL DeFi, NFT, and RWAs, without the need for bridges across multiple chains. This integration transforms BTC into a dynamic, productive asset that can be used for lending, staking, and liquidity provision or structural products in ways that are not possible on the native BTC chain. BTC custody solutions, such as tBTC, sBTC, or the Wormhole BTC, combined with SOL’s high validator count and Jito MEV protection, are making it secure to use BTC on the network. Bitcoin on SOL pairs with USDC and USD1, which are the stablecoins that dominate settlement volume across all chains. With products like the SOL Mobile Saga and Seeker, there are instant BTC swaps and BTC payments on mobile. As the focus on SOL increases, the network is becoming a hub for ETFs and RWAs, with institutional flows ramping up. Meanwhile, Wrapped BTC on SOL will be directly plugged into that liquidity. Earning Native Bitcoin on Solana Through mSOL Analyst CPrinz, the on-chain Researcher, has revealed a new partnership between Marinade, SOL’s leading staking platform with 10 million and $1.7 billion in total value locked, and Zeus Network.  Related Reading: Solana DATs Will Outpace Bitcoin, Says Multicoin Capital Co-Founder Specifically, the collaboration is designed to expand the utility of Marinade liquid staked SOL token, mSOL, by enabling users to earn native BTC on the SOL blockchain. Also, this partnership unlocks new opportunities across DeFi, marking a major step forward for cross-chain innovation. Featured image from Unsplash, chart from Tradingview.com

#nfts

OpenSea's initiatives could significantly enhance user engagement and market dynamics, potentially reshaping the NFT trading landscape.
The post OpenSea unveils final phase of pre-TGE rewards, with $SEA allocation details due in October appeared first on Crypto Briefing.

#nfts

Christies closes its digital art department, folding sales into broader categories as the digital art market faces ongoing struggles.
The post Christie’s winds down digital art department as its NFT marketplace faces doubt appeared first on Crypto Briefing.

#nfts

Officially licensed NFT platform NFL All Day is revamping the collector experience, adding new autographed moments and more.

#nfts

Reddit's shift in royalties to artists may enhance creator incentives but could limit platform-driven NFT innovation and community growth.
The post Reddit sunsets Collectible Avatar Creator Program and shifts royalties to artists appeared first on Crypto Briefing.

#real world assets #ethereum #nfts #ethereum price #eth #stablecoins #daos #eth price #ethusd #ethusdt #ethereum news #eth news #icos #ted #cas abbe

Ethereum’s evolution has followed a trajectory many analysts predicted, from a high-growth utility asset powering decentralized applications, to a maturing store of value that institutions and long-term holders are beginning to recognize. How Ethereum Enters Traditional Finance Ethereum’s journey as a store of value has followed a predictable but powerful curve, and ETH’s rise has been less of a surprise than a confirmation of history. Analyst Cas_Abbe has highlighted on X that since the ETH launch in 2015, what began as an experiment among cypherpunks and developers slowly found its footing in ICOs, DAOs, and retail adoption. By 2020, ETH had taken on a far more serious role, serving as the core collateral layer of Defi, drawing in funds, family offices, and crypto-native VCs. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records Then in 2022 was the year the conversation changed and ETH reached its milestone, of Macro funds, corporates, and eventually ETF issuers. The financial advisors also started to pay attention to ETH, recognizing that its role is extended far beyond utility. Presently, ETFs are live, and large institutions are building positions, pension funds, and global allocators are beginning to engage.  According to Cas Abbe, this is the real inflection point, where finance runs on cycles, and history has shown a clear pattern that once pensions and institutions normalize an asset class, central banks are never too far behind. ETH is no longer a niche tech bet; it is evolving into a recognized monetary asset. The curve is slow at first, followed by early adopters, speculative capital, and then institutional adoption. However, the history shows that ETH is now firmly on that trajectory, and the final stages have accelerated rapidly. ETH Becoming The Era Of Tokenized Assets Crypto investor known as Ted on X has mentioned that Ethereum would power the next era of finance, and currently, trillions are flowing through its ecosystem. Institutions are building on it, and ETH has transformed into a yield-bearing reserve asset. Related Reading: Ethereum Is ‘The Biggest Macro Trade Over The Next 10–15 Years,’ Says Tom Lee The Ethereans have always known that ETH would scale, while rollups have turned congestion into capital, and reliability will matter as nearly a decade online without interruption has proven critical. Transactions are now cheap, measured in mere cents, not dollars, which is allowing value to move globally with efficiency. Everything is becoming tokenized: stablecoins, real-world assets, NFTs, corporate treasuries, it’s all on-chain. ETH is the foundation upon which companies from nimble startups to Fortune 500 giants are building as the default. Decentralization will be valued as a global neutral settlement layer for the world. ETH is no longer just a technological experiment, with companies buying and staking it. Institutions now recognize it as productive collateral. Ethereum is powering the future of finance, and what was once considered a bold prediction has become an inevitability. Featured image from Getty Images, chart from Tradingview.com

#ethereum #nfts #defi #nft #analysis #featured

The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 DappRadar report. The shift marks a significant milestone and could indicate that NFTs are once again capturing the public’s attention following significant lull that has lasted since their fall in the 2022 bear market. […]
The post NFTs stage comeback with $530M in July trades, flipping DeFi user activity appeared first on CryptoSlate.

#ethereum #nfts #daos #shiba inu #shibarium #shib #shib news #shib price #non-fungible tokens #shiba inu news #shiba inu price #shibusd #shibusdt #cryptocurrency market news #bone #decentralized autonomous organizations

Shiba Inu’s blockchain platform, Shibarium, is reportedly stepping beyond its original role as a  Layer 2 (L2) scaling solution. In a recent announcement, the development team revealed that Shibarium is now positioned as the core infrastructure for a decentralized, community-led future, highlighting its broader functionality and long-term vision for the evolving ecosystem. Shibarium Evolves Beyond Layer 2 Solution On August 4, the Shiba Inu team behind Shibarium clarified in an X social media post that the platform is more than just a Layer 2 scaling solution. They described it as a robust infrastructure designed to power a fully decentralized, community-driven ecosystem. This positioning marks a strategic expansion of Shibarium’s role in the broader blockchain space, emphasizing its importance as a foundational layer for both innovation and governance.  Related Reading: Shiba Inu Team Unveils New Developer Hub Updates — Here’s The 411 Initially introduced as a Layer 2 built on the Ethereum blockchain to provide scalable and low-cost transactions, Shibarium’s evolution reflects a deliberate shift towards multifunctional utility. The team has outlined the platform’s capacity to support on-chain governance structures, Decentralized Autonomous Organizations (DAOs), Non-Fungible Tokens (NFTs), and real-world applications. This indicates Shibarium’s readiness to serve as a multi-purpose blockchain ecosystem rather than a single-purpose scaling solution.  Another key component highlighted by the Shiba Inu team is Shibarium’s ability to allow developers to build freely on the network while empowering communities to govern their protocols independently. This dual emphasis on infrastructure and self-governance aligns with the core principles of decentralization, giving Shibarium the potential to become a breeding ground for next-generation blockchain applications.  Compared to other Layer 2 solutions that primarily focus on throughput and transaction fees, the Shiba Inu team notes that Shibarium integrates the above features within a framework geared toward long-term sustainability and utility. In doing so, the team presents Shibarium as a dynamic platform where resilience and innovation converge to support a decentralized future.  WoofSwap Proposes Major Updates For Shibarium WoofSwap, a key community voice within the Shiba Inu ecosystem, released a set of reform proposals on X, aimed at enhancing Shibarium’s scalability, utility, and overall appeal. At the center of the suggestions is a potential revision to the 20 million BONE token allocation, with WoofSwap urging community input to fine-tune the distribution.  Related Reading: Shiba Inu Bearish Reversal Setup Says Dump Below $0.000013 Is Coming Alongside tokenomics adjustments, the proposal targets technical improvements such as optimizing cross-chain speed to achieve a near one-minute transaction finality, positioning Shibarium as a faster and more competitive Layer 2 network. Other key technical refinements include streamlining smart contracts to lower Ethereum gas fees and expanding support for trendline cross-chain tokens.  Beyond infrastructure, the proposal addresses governance and engagement for Shibarium. Decentralization also remains a priority, with a call to gradually open validator nodes while maintaining strict security standards. WoofSwap also urged influencers to be more cautious with their public roles, highlighting the need for credibility as Shibarium evolves. Featured image from Getty Images, chart from Tradingview.com

#nfts #solana #sol #altcoin #meme coin #jesse pollak #anatoly yakovenko #bonk #trump #solana price #sol price #solana network #non-fungible tokens #coinmarketcap #solusd #solusdt #solana news #sol news #pump.fun #fartcoin #pengu

Solana co-founder Anatoly Yakovenko is facing backlash from the crypto community over his comments about meme coins and non-fungible tokens (NFTs). Yakovenko made these remarks against these tokens despite his network being home to most of the top meme coins by market capitalization.  Crypto Community Reacts To Solana Founder’s Comments The crypto community criticized Anatoly Yakovenko following his X post, in which he described meme coins and NFTs as “digital slop” and ones that have no intrinsic value. The Solana founder added that, like a mobile game loot box, people spend $150 billion a year on mobile gaming, in reference to his ideology about meme coins and NFTs.  Related Reading: These Two Bearish Scenarios Put Solana Price At $162 After Fakeout Crypto marketer Anastasiia Bobeshko described the Solana founder’s comments as being funny, considering the traction that memes have brought into the Solana ecosystem. She further noted that the network made $1.6 billion in the first half of 2025 thanks to these meme coins. Another member of the crypto community, Ethereum developer Hanniabu, had earlier echoed a similar sentiment, suggesting that the network would be nothing without meme coins.  Null, a member of the BONK community, declared that the Solana network would have never been where it is today without meme coins. Yakavenko replied sarcastically, saying, “Absolutely.  Without lootboxes, iOS would have negligible revenues for Apple.”  Meanwhile, Crypto community member Art Chick asked the Solana founder if he had a problem with memecoin traders spending $150 billion a year on his chain, but they don’t see it as mobile gaming. Yakovenko responded and alluded to an earlier reply in which he explained that what is important is the need to monitor data, fix problems, use snipers, and work towards sandwich-resistant market implementations.   Difference Between Solana and Base Meme Coins It is worth noting that the Solana founder’s comment about meme coins stemmed from when he criticized a comment from Base’s lead developer Jesse Pollak, who suggested that Zora meme coins (which are Base tokens) are more valuable than those from Solana’s Pump.fun. In response, Yakovenko asked Pollak if Zora coins have any claims on future cash flows from creators, something which Pump.fun has.  Related Reading: Top Meme Coins Stealing The Spotlight As Bitcoin Price Hits $118,000 ATH Pollak then clarified that each coin’s value depends on their fundamentals, which is why he believes that not all meme coins are the same. However, the Solana founder doesn’t believe meme coins as a whole have any “intrinsic value.”  Despite his comment, these meme coins, especially the top ones like Fartcoin, BONK, PENGU, and TRUMP, continue to contribute to a significant amount of the daily trading volume on the network. Notably, the Solana price surged to a new all-time high (ATH) of $294 in January, around the time the TRUMP meme coin first launched. SOL witnessed a significant surge in its demand at the time, with investors requiring the altcoin to purchase the meme coin.  At the time of writing, the Solana price is trading at around $183, down over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

#nfts

NBA Top Shot collectibles are now available via Japanese vending machines, expanding their reach into the real world.

#trading #nfts #people #solana #tokens #memecoins

Anatoly Yakovenko, co-founder of the Solana blockchain, has described memecoins and NFTs as “digital slop,” even as the network continues to benefit massively from the hype surrounding these assets. In a July 28 post on X, Yakovenko argued that memecoins and NFTs lack inherent value. He compared them to loot boxes in mobile games, which […]
The post Solana co-founder labels memecoins and NFTs as ‘digital slop’ despite booming activity appeared first on CryptoSlate.

#nfts #pudgy penguins #tokens #featured #pengu

Large volumes of Pudgy Penguin’s PENGU tokens are flowing from the project’s deployment address to centralized exchanges (CEXs), raising questions amid a strong market rally. On July 28, blockchain analyst EmberCN, citing Arkham Intelligence data, reported that more than 206.9 million PENGU tokens, valued at approximately $8.91 million, were transferred to various CEXs within the […]
The post PENGU team dumps tokens worth $66 million while scammers flood ecosystem appeared first on CryptoSlate.

#nfts #crypto #tokens #memecoins #featured

PENGU has climbed 151% in July, a rally driven by accumulation from public figures and whales, community momentum, viral marketing, and expanding liquidity. The token is currently trading at $0.036955, with a 1.6% daily correction as of press time. Nicolai Søndergaard, a research analyst at Nansen, stated that public figures have accumulated over the past […]
The post PENGU jumps 151% in July in a rally driven by viral marketing, whale accumulation appeared first on CryptoSlate.

#markets #news #nfts #cryptopunks #opensea

The overall capitalization of non-fungible tokens has jumped 66% to $6 billion in the past 30 days with CryptoPunks' market share growing past 30%.