Mother Eileen ($MOTHER) has entered the crypto market as a bold new token aimed at providing a more principled alternative to coins like Mother Iggy. With a strong endorsement from Andrew Tate, who has openly criticized "simp coins" for promoting degeneracy, $MOTHER is positioned to attract investors seeking a more aligned vision with Tate's values.

Launching with Purpose
The $MOTHER token recently launched with a total supply of 1,000,000,000, quickly achieving a market capitalization of $275K. A notable 40% of this supply has been allocated to Andrew Tate, solidifying his significant influence and support for the project.

Andrew Tate's Endorsement
Andrew Tate, a vocal figure known for his strong opinions on masculinity and societal values, has explicitly stated his disapproval of simp coins like Mother Iggy. In contrast, he supports $MOTHER as a token that aligns better with his principles, advocating for strength and integrity in the crypto space.
Key Features
Total Supply: With a total supply of 1,000,000,000, $MOTHER offers a balanced approach to scarcity and availability for investors.
Market Cap: The token's Mcap sitting at $275K, reflecting its initial traction and potential for growth.
Significant Allocation to Tate: 40% of the token supply has been allocated to Andrew Tate, underscoring his commitment to the project's success.
Community and Vision
$MOTHER aims to build a community that rejects the culture of degeneracy often associated with certain meme coins. Instead, it promotes values of strength, discipline, and integrity. This vision is expected to resonate with a segment of the crypto community that shares similar values. Notably, the community leader is also the top holder of the $Daddy Tristen token, adding further credibility and experience to the project's leadership.

Future Prospects
With a clear vision and strong backing, $MOTHER is poised for further growth. The endorsement from Andrew Tate is likely to attract more investors who are aligned with his philosophy, potentially driving the token's value and market cap higher in the coming months.
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Conclusion
Mother Eileen ($MOTHER) stands out in the crowded crypto market by positioning itself as a principled alternative to simp coins. With strong support from Andrew Tate and a clear vision, $MOTHER is set to carve out its niche, appealing to investors looking for more than just financial gains in their crypto investments.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#MOTHER #solana

Pepe coin (PEPE) recently couldn’t sustain its momentum above $0.0000172 and has since experienced a decline. Currently, the price is nearing an important support level at $0.000010.
Pepe coin (PEPE) began a downward correction after falling below the $0.0000130 mark. On the daily chart, a crucial bullish trend line at $0.0000120 was breached, indicating a shift in momentum. Currently, the price is expected to consolidate around $0.0000105 before potentially resuming its upward movement.
Pepe Coin Price Analysis: Recent Trends and Outlook
Over the past month, Pepe coin (PEPE) has shown impressive performance, surpassing Bitcoin and Ethereum in price gains. The coin experienced a steady rise above the $0.000010 mark, notably breaching the $0.0000150 resistance level and maintaining a position well above the 50-day simple moving average (blue line).
Pepe coin reached a new multi-month high at $0.0000172 before initiating a recent correction. This correction saw the price dipping below key support levels at $0.0000150 and $0.0000140. Additionally, it fell below the 23.6% Fibonacci retracement level of the upward movement from the $0.00000417 swing low to the $0.0000172 high.
Of significance, the coin also broke below a significant bullish trend line with support at $0.0000120 on the daily chart. Currently, Pepe coin is approaching a critical support zone near the 50-day simple moving average (blue line), close to the 50% Fibonacci retracement level of the aforementioned upward wave.
Looking ahead, if Pepe coin holds above the $0.000010 support level, it could potentially initiate another upward move. Immediate resistance levels to watch include around $0.0000125, with the first major resistance at $0.0000132.

A breakout above $0.0000132 could pave the way for a retest of the $0.0000150 resistance. The primary resistance now stands at $0.0000172. A daily close above this level might signal further gains towards the $0.000020 mark.
Investors and traders will closely monitor these levels for indications of Pepe coin’s future price movements amid its recent volatility and potential for recovery.
Pepe Coin Price Forecast: Potential Support and Resistance Levels
Pepe coin (PEPE) faces potential downside risks amid recent market movements. The coin’s first significant support level stands near $0.000010, aligned with the 50-day Simple Moving Average (SMA). A breach below this support could lead to further declines towards the next support at $0.0000080.
On the daily chart, there is a crucial bullish trend line also supporting the price at $0.0000080. A break below this trend line might trigger a more substantial downturn, potentially testing the next key support level at $0.0000062. Further losses could extend towards $0.00000470.
Despite the downside risks, Pepe coin currently maintains its position above the 50-day SMA, indicating ongoing support and potential for stability. The price may consolidate around current levels before attempting another move towards the recent high at $0.0000172.
Traders and investors will closely monitor these support and resistance levels to gauge Pepe coin’s next potential movements amidst market volatility and price fluctuations.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#PEPE #pepecoin🐸

Despite the crypto market’s bearish performance on June 11, Shiba Inu coin (SHIB) has seen significant investor interest. A whale investor has accumulated a massive 600 billion SHIB coins from the well-known trading platform Robinhood, even amid the token’s recent price dip.
This large purchase has generated substantial optimism about SHIB’s future price movements. Here’s a closer look at the reasons behind this optimism and some additional on-chain statistics for SHIB.
Whale Accumulation Sparks Optimism for Shiba Inu Coin (SHIB)
Despite the broader crypto market’s bearish trend on June 11, Shiba Inu coin (SHIB) has attracted significant investor interest. A whale investor recently accumulated 600 billion SHIB coins from Robinhood, generating optimism about the token’s future price movements.
On-chain tracker Whale Alert reported that 600 billion SHIB, valued at $13.71 million, was transferred from Robinhood to an unknown wallet address (0x73af3bcf) on June 11, when SHIB was trading at $0.000022.
Notably, the same wallet had previously moved 3 trillion SHIB to Robinhood when the token was priced at $0.000025. This suggests the whale might be using a ‘buy-the-dip’ strategy, re-entering the market now in anticipation of future gains.
Despite this significant buying activity, SHIB’s price declined today. This drop coincides with 4.29 trillion SHIB being transferred to Coinbase by ten different wallets, according to ‘The Data Nerd.’ The average entry price for these wallets was $0.00001309, indicating potential profit-taking of $41.22 million at the current price.
Shiba Inu Coin (SHIB) Faces Downward Pressure Amid Market Volatility
As of now, the price of Shiba Inu coin (SHIB) has slipped 2.05% in the past 24 hours, trading at $0.00002244. The meme coin’s 24-hour low and high are $0.00002227 and $0.00002358, respectively.
SHIB’s Relative Strength Index (RSI) is hovering near 38, indicating downside pressure on the asset. Continued selling pressure could further drive prices down, whereas significant buying, like the recent whale accumulation, could initiate an upward price trajectory.
Additionally, the meme coin’s burn rate has spiked notably in the past 24 hours. Crypto market enthusiasts continue to closely monitor SHIB as bulls may take control of the token as the market recovers.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInu #SHIB

BIAOQING PANDA, the beloved and iconic meme sensation from China, has taken the Ethereum blockchain by storm, registering an astronomical surge of 3259x in just five days. Known as the "Pepe of China," BIAOQING PANDA is set to become a household name in the crypto world, mirroring its cultural impact in the East.
BIAO QING: The Meme Phenomenon
BIAOQING PANDA has long been a staple in Chinese internet culture, much like how Pepe the Frog dominates meme culture in the West. Its playful and expressive images have been used widely across various social media platforms, capturing the hearts and laughter of millions. Now, this meme phenomenon is ready to conquer new frontiers on the Ethereum blockchain.
A Meteoric Rise: 3259x in 5 Days
The meme coin $BIAO has experienced an unprecedented surge, skyrocketing by 3259 times its initial value within just five days of its launch. This explosive growth is a testament to the strong community backing and the viral nature of the BIAOQING PANDA meme.
Key Highlights:
Total Supply: 1,000,000,000
Taxes: 0/0
Contract Address: Renounced
Liquidity: Burned
Already Listed on Major Platforms
$BIAO is already making waves on prominent cryptocurrency platforms, having been listed on CMC and CG. The listing on Bitmart is expected soon, further expanding its reach and accessibility to a broader audience.
Community-Driven Success
The success of $BIAO is driven by its strong community and the inherent appeal of the BIAOQING PANDA meme. With its contract address renounced and liquidity burned, $BIAO ensures a secure and transparent investment opportunity for its supporters.
The Future of BIAOQING PANDA on Ethereum
As $BIAO continues to gain traction, the meme coin is set to explore new horizons within the crypto ecosystem. From potential NFT integrations to community-driven events and partnerships, the future looks bright for BIAOQING PANDA on the Ethereum blockchain.
Join the BIAOQING Revolution
BIAOQING PANDA is more than just a meme; it's a cultural movement. With its rapid rise and strong community backing, $BIAO is poised to become a significant player in the crypto space. Stay tuned for more exciting developments and join the BIAOQING revolution today!
For more details and updates, follow $BIAO on their official social media channels and join the conversation with fellow BIAOQING enthusiasts.
Website: https://biaoqing.live/
Twitter: https://x.com/biaoerc20
Telegram: https://t.me/biaoerc20

⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

#BIAO #ETH🔥🔥🔥🔥

The Shiba Inu (SHIB) community is determined to secure its own exchange-traded fund (ETF). They launched a petition on Change.org aimed at Grayscale Investments.
Currently, the petition has gathered 10,453 signatures and is rapidly approaching its goal of 15,000 signatures, with 677 signatures added today alone.
Support Surge for SHIB ETF Petition
The recent surge in support for the Shiba Inu (SHIB) ETF petition underscores the cryptocurrency community’s enthusiasm for this initiative. Starting with an initial target of 1,000 signatures, the petition quickly surpassed expectations, prompting organizers to set a higher goal.
Reaching 10,000 signatures marked a significant milestone, demonstrating the community’s strong interest and commitment. The current aim of 15,000 signatures reflects growing confidence in achieving broader recognition and support.
Influencers within the SHIB community, such as Heber Mayen, have played a pivotal role in promoting the petition. Their efforts have encouraged community members to rally behind the cause, helping to surpass the 10,000 signature mark and continue momentum towards the new goal of 15,000 signatures.
Shiba Inu Community’s Strategic Focus on Grayscale
The Shiba Inu (SHIB) community’s strategic focus on Grayscale Investments is driven by the company’s prominent role in the cryptocurrency investment sector. Grayscale has established itself as a leader by developing various cryptocurrency investment products, particularly Bitcoin ETFs. Their persistent efforts culminated in successfully converting the Bitcoin Investment Trust into a spot ETF in January 2024, marking a significant milestone for the crypto market.
This achievement not only highlighted Grayscale’s commitment to innovation but also paved the way for further developments in the industry. Building on this success, Grayscale has pursued similar initiatives, including efforts to convert the Ethereum Trust into a spot ETF. This strategic move aligns with Grayscale’s broader plan to transform its portfolio of 17 cryptocurrency investment trusts into spot ETFs, aiming to provide investors with more accessible and regulated investment opportunities in the crypto space.
Potential Impact of a SHIB ETF by Grayscale
A potential Shiba Inu (SHIB) ETF launched by Grayscale Investments could have a profound impact on the Shiba Inu ecosystem. ETFs provide investors with a regulated and secure means to gain exposure to SHIB without the complexities associated with directly purchasing and managing the cryptocurrency. This accessibility could attract a broader spectrum of investors, potentially increasing liquidity and bolstering SHIB’s market value.
While Grayscale has not officially commented on the possibility of a SHIB ETF, the community’s petition reflects significant interest and demand. The petition serves as a clear indicator of the Shiba Inu community’s desire for broader recognition and enhanced investment opportunities through established financial instruments.
In a similar vein, Ripple’s CEO has offered predictions regarding the launch of XRP ETFs, aligning with ongoing efforts across various cryptocurrency communities to advocate for ETFs tailored to their preferred digital assets.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInu #SHIB

On June 11, the cryptocurrency market saw a big drop in prices, affecting major cryptocurrencies and meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). Despite this downturn, Beercoin (BEER) reached its highest value ever, showing how unpredictable and volatile the crypto market can be.
The cryptocurrency market began the week positively, recovering from previous losses. However, on June 11, another significant downturn occurred. Bitcoin (BTC) fell below $68,000, while Ethereum (ETH) dropped to nearly $3,500.
Meme Coin Market Trends
The meme coin sector is facing considerable challenges, with major players like Dogecoin (DOGE) and Shiba Inu (SHIB) experiencing 3% daily declines. Pepe (PEPE) and Floki Inu (FLOKI) have seen even steeper drops amidst the market downturn.
Brett (BRETT), known for its frog theme and recent bullish performance, also saw its price decline. Despite a 9% drop in the last 24 hours, it still shows a significant 33% increase over the week, trading around $0.16.
In contrast, Beercoin (BEER) has defied the negative trend by reaching an all-time high of approximately $0.00057044 recently. Although currently trading at about $0.0004969, it marks an impressive 450% increase over the past 14 days.

A few other meme coins have shown resilience, including ConstitutionDAO (PEOPLE), PONKE (PONKE), and Apu Apustaja (APU), which have seen minor price recoveries amidst the broader market volatility.
Understanding Meme Coin Trading Dynamics
The meme coin sector has been known to generate tokens that can rapidly increase in value over short periods, offering significant gains to early adopters and savvy traders. Many individuals have reportedly made substantial profits on paper by investing in these assets.
However, the recent downturn in the sector serves as a stark reminder of its extreme volatility. Jumping into meme coin trading without caution can lead to significant losses, highlighting the risks involved in speculative investments.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#memecoin🚀🚀🚀

Ripple announced on Tuesday the launch of a fund dedicated to Japan and Korea, with the goal of fostering blockchain innovation in these markets.
Emi Yoshikawa, Ripple’s vice president of strategic initiatives, emphasized the company’s confidence in Japan and Korea as crucial regional centers for blockchain advancement. This expansion comes amidst challenges in the U.S., where the crypto industry has encountered a difficult regulatory landscape.
Ripple Launches Japan and Korea Fund for XRP Ledger Innovation
Blockchain firm Ripple has introduced a dedicated fund for Japan and Korea, aimed at advancing innovation on the XRP Ledger as part of its expanding presence in the Asia-Pacific region.
XRP, Ripple’s native cryptocurrency, operates on the XRP Ledger, a public blockchain designed for corporate use and built on open-source technology. Ripple leverages blockchain and crypto to facilitate seamless, real-time cross-border payments.
According to a statement released on Tuesday, the funds from the XRPL Japan and Korea Fund will support initiatives such as corporate partnerships, developer grants, startup investments, and community expansion. This initiative is part of Ripple’s broader commitment, announced in March 2022, to allocate 1 billion XRP towards providing financial, technical, and business support for developers.
Emi Yoshikawa, Ripple’s vice president of strategic initiatives, highlighted the significance of this fund in promoting blockchain innovation in Japan and Korea, underscoring Ripple’s confidence in these markets as pivotal hubs.
Ripple’s growth in Asia-Pacific is happening while the U.S. crypto industry faces tough regulatory conditions, according to Ripple CEO Brad Garlinghouse, who described the situation as “hostile.”
Ripple had previously noted that Asia-Pacific is among its fastest-growing regions and reaffirmed its commitment to prioritizing the adoption of its crypto payment services in the region.
Ripple’s Recent Developments and Expansions
Ripple has been actively expanding its presence and partnerships in Japan and Asia-Pacific. In April, Ripple collaborated with Tokyo-based HashKey DX to introduce XRPL-powered supply chain finance solutions in the Japanese market. Additionally, Ripple established SBI Ripple Asia in 2016, a joint venture with SBI Holdings, to promote the adoption of Ripple’s payment solutions across Japan.
Looking ahead, Ripple has plans to utilize the XRP Ledger for issuing official Expo NFTs (Non-Fungible Tokens) at the World Expo 2025 in Osaka, Japan. NFTs are unique digital assets stored and verified using blockchain technology, encompassing artwork, audio, or videos.
In another strategic move, Ripple secured a full operational license in Singapore in October, solidifying the city-state as its Asia-Pacific headquarters since 2017.
In April, Ripple made headlines with its announcement of launching a U.S. dollar stablecoin, anticipated to debut later this year, according to statements by Ripple’s president Monica Long.
Regarding regulatory matters, the U.S. Securities and Exchange Commission (SEC) dropped claims against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen in October. The lawsuit, filed in December 2020, alleged that Ripple violated laws by selling XRP without registering the token with the SEC.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple #Blockchain

Elon Musk, CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday. This came after Apple announced a partnership with OpenAI.
Musk expressed worries on his social media platform about the protection of users’ information by Apple and OpenAI. He criticized the software integration as “an unacceptable security violation” and accused Apple of being unaware of the full implications of the partnership.
Elon Musk’s Stand Against Apple Devices
Elon Musk has publicly announced a potential ban on Apple devices across all his companies due to concerns over Apple’s integration of OpenAI’s ChatGPT into Siri. Musk expressed these security worries on his social media platform X (formerly Twitter), emphasizing his concerns about privacy and security regarding Apple’s new AI features.
This decision came shortly after Apple unveiled at the WWDC 2024 conference that the upcoming iOS 18 update would incorporate ChatGPT to enhance Siri and other writing tools, positioning Apple as a leader in generative AI. Musk’s concerns revolve around ChatGPT’s expanded capabilities within Siri, including the forwarding of requests, documents, and photos for further processing. This collaboration is part of Apple’s broader initiative known as Apple Intelligence, aimed at introducing new “Writing Tools” and image generation features to enhance user experience significantly.
While these advancements underscore Apple’s leadership in AI innovation, Musk perceives them as significant security risks. As a result, he has proposed stringent measures, such as requiring employees at SpaceX, Tesla, and X to place their Apple devices in Faraday cages upon entry to mitigate potential vulnerabilities.
Elon Musk’s History with OpenAI and Apple
The ongoing dispute between Elon Musk and Apple has gained new attention with Musk’s recent announcement regarding potential bans on Apple devices across his companies. This tension adds to Musk’s contentious history with OpenAI, a company he co-founded in 2015 but later criticized for deviating from its original mission.
The rift between Musk and OpenAI has escalated to legal disputes involving the company and its CEO, Sam Altman. Meanwhile, Musk’s relationship with Apple has been tumultuous, particularly concerning payment policies, although tensions were briefly alleviated following a meeting with Apple CEO Tim Cook in 2022.
Apple’s strategic alliance with OpenAI, integrating ChatGPT into iOS 18, marks a significant development. This partnership aims to enhance Siri’s capabilities, promising users a more intuitive and personalized experience with advanced writing tools and image generation features. Despite these AI-driven advancements, concerns about privacy and security have been heightened, as evidenced by Musk’s threat to ban Apple devices due to perceived security risks.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ElonMusk. #OpenAI

Cardano is about to make a big leap forward with the Chang hard fork happening in June 2024. This upgrade is an important part of Cardano’s development plan.
Cardano’s plan has five stages, and the current one, called Voltaire, aims to turn Cardano into a self-governing system where the community has a key role in decisions. Successfully completing Voltaire is crucial for Cardano’s goal of a decentralized future. A major part of the network, the Cardano Node, will get an important update to version 9.0 in June. With 70% of stake pool operators ready for this update, the network is well-prepared for the Chang hard fork.
Key Upgrades in the Chang Hard Fork
The Chang hard fork introduces two major upgrades that will transform the Cardano ecosystem.
The first upgrade establishes the foundation for an extensive on-chain governance framework. This framework will allow ADA holders to actively vote on important proposals, directly influencing the network’s future development.
The second upgrade focuses on completing a strong treasury management system. This system will enable the community to manage and allocate funds for ongoing maintenance and future projects collectively.
Through the Voltaire phase and the Chang hard fork, Cardano aims to significantly improve decentralization and transparency. These enhancements empower the Cardano community to play a larger role in shaping the network’s future.
Charles Hoskinson’s Vision for Cardano’s Future
Charles Hoskinson, the visionary founder of Cardano, described the upcoming upgrade as “the most significant milestone in the history of Cardano and for the industry as a whole.” He anticipates massive adoption for Cardano, predicting that millions will join its decentralized civilization.
Hoskinson recently addressed criticisms about ADA’s lack of progress, and the Chang hard fork aims to dispel rumors of stagnation. Although ADA has faced challenges in 2024, this upgrade could mark a turning point.
The increased role of the community in governance and the introduction of advanced features like on-chain treasuries can greatly impact Cardano’s future. These changes could help ADA finally rise above the $0.45 level that has been a persistent barrier.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Cardano #ADA

In a significant move for the Terra Luna Classic community, 256 million LUNC tokens have been allocated to Genuine Labs. This allocation is aimed at funding crucial blockchain upgrades and enhancing security measures.
The Terra Luna Classic community recently approved a substantial development funding initiative, directing resources from their community pool to support Genuine Labs. This decision involved transferring 256 million LUNC tokens, aimed at bolstering and advancing the blockchain’s capabilities and overall functionality.
Terra Luna Classic Community Approves Major Funding for Genuine Labs
In a decisive move, the Terra Luna Classic community has endorsed a substantial funding proposal by Genuine Labs. This initiative aims to upgrade the Terra Classic core to sdk47, mitigate p2p storms, and update critical dependencies to enhance platform security and functionality.
The approved proposal, titled “Genuine Labs’s Community Spend Proposal” (Proposal 12113), has resulted in the allocation of over 256 million LUNC tokens from the community pool to Genuine Labs. This allocation, valued at nearly $30,000, underscores the community’s dedication to advancing the Terra Luna Classic ecosystem through strategic development efforts.
Terra Luna Classic Community Supports Genuine Labs with Overwhelming Majority
The Terra Luna Classic community has shown strong support for Genuine Labs, with an impressive 99.93% of votes cast in favor of the developer group’s funding proposal. Notably, all 46 participating validators, including prominent names like Allnodes, Interstellar Lounge, and Interstake One, endorsed the initiative. As a result, Genuine Labs received over 256 million LUNC tokens from the community pool, boosting resources for key platform upgrades.
Following the disbursement, the community pool now holds 5.23 billion LUNC tokens, reflecting ongoing community commitment to the development and enhancement of Terra Luna Classic.
Market Performance and Price Trends
Despite positive community developments, LUNC has faced downward pressure in its price. Currently trading at $0.0001068, LUNC’s value has decreased by 0.70% over the last 24 hours. The cryptocurrency’s 24-hour trading range saw a low of $0.0001052 and a high of $0.0001093. Additionally, trading volume experienced a slight decline, indicating cautious market sentiment ahead of the upcoming Federal Open Market Committee (FOMC) meeting.
In contrast, USTC’s price has fallen by over 1%, now trading at $0.02128. However, its trading volume surged by 40%, suggesting active trading interest despite market uncertainties.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TerraClassic #LUNC

Squads Labs, the primary developer behind the Solana-based multisig protocol Squads, has raised $10 million in a Series A funding round.
Concurrently, the company has introduced its retail-focused iOS wallet app named Fuse, which is now available for public testing on TestFlight.
Squads Labs Secures $10M in Series A Funding and Launches Fuse Wallet
Squads Labs, the developer behind the Solana-based multisig protocol Squads, has successfully raised $10 million in a Series A funding round. Electric Capital led the funding, with participation from Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital, and Mert Mumtaz, among others. The fundraising campaign, initiated in March, concluded earlier this month. The round was structured with equity and included token warrants similar to Squads’ previous seed round, although specific valuation details were not disclosed by Squads Labs.
This Series A funding brings Squads’ total funding to $22.5 million, having previously raised $12.5 million across three earlier funding rounds. Squads is renowned for its Solana-based multisig protocol, which facilitates the secure management of on-chain assets such as treasury funds, tokens, and administrative keys through multi-signature security. Since its launch in 2021, Squads has played a pivotal role in securing over $10 billion in assets, marking a substantial increase from $500 million just last October.
According to Squads Labs CEO Simkin, the number of clients utilizing Squads has grown significantly, from over 100 in October to more than 250 currently. Notable clients include Jito, Jupiter, Tensor, Drift, Zeta, Backpack, and Kamino.
With the fresh infusion of capital, Squads plans to further enhance its protocol capabilities and expand its support for businesses across all stages of their on-chain workflows.
Squads Launches Fuse Wallet and Plans for Expansion
Squads Labs has expanded its offerings with the launch of Fuse, a retail-oriented iOS wallet app built on the Solana blockchain. Fuse integrates Squads’ multisig protocol to provide secure management of personal assets through multi-signature security. The app was released on public TestFlight today, aiming to offer users advanced features such as 2FA, wallet recovery, progressive security, time locks, and spending limits. According to Squads Labs CEO Simkin, Fuse is designed to serve as a comprehensive savings account for digital assets, contrasting with other wallets like Phantom which prioritize ecosystem interactions and connectivity.
Simkin emphasized that Fuse’s focus is on enhancing self-custody capabilities, enabling users to manage and compound their assets effectively without relying solely on cold wallets or centralized exchanges (CEXs). The app is scheduled for a full launch on the main app store in early July, expanding its accessibility to a broader audience.
Additionally, Squads Labs plans to bolster its team by hiring designers and engineers to support its growth initiatives. Currently employing 17 people, the company is also in the process of establishing its permanent headquarters in Dubai, signaling its commitment to expanding operations and presence in key global markets.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Solana #SOL

Cardano is often labeled as passive or declining by some observers, and its ADA token price has struggled to make significant gains. Despite these perceptions, bullish developments persist for the platform.
Cardano is gearing up for a significant upgrade with the upcoming Cardano Node 9.0 hard fork. This update is crucial as it paves the way for the Cardano Chang fork, marking a pivotal step towards the Voltaire era in the blockchain’s evolution.
ADA Price Outlook and Market Trends
Following updates from founder Charles Hoskinson, the ADA price has shown signs of gaining momentum, although without a notable increase in trading volume. Despite facing rejection near yearly highs around $0.8, ADA has struggled against a strong bearish trend, remaining below the $0.5 mark for several months.

Analysts suggest that ADA’s current trade setup indicates a potential reduction in selling pressure, with bullish indicators pointing towards a possible upward trend. The price has recently experienced a 50% pullback, causing uncertainty among investors and dampening buying momentum.
Technical Challenges
ADA has repeatedly failed to surpass the critical 50-day moving average (MA), highlighting ongoing bearish dominance in the market. This technical barrier has hindered the token’s ability to sustain bullish momentum despite multiple attempts.
This overview underscores the complex market dynamics influencing ADA’s price movements and the ongoing efforts to navigate these challenges.
ADA Price Analysis and Technical Indicators
Technical indicators like On-Balance Volume (OBV) are signaling a decline towards lower thresholds. OBV, a momentum indicator, suggests that sellers currently have an advantage over buyers, potentially maintaining a downward trend in ADA’s price.
ADA’s price is currently hovering around the 0.382 Fibonacci retracement level. Analysts anticipate a possible pullback to the 0.236 Fibonacci level, which could attract renewed liquidity into the platform.
Overall, Cardano’s price remains sluggish with limited prospects for a breakout, staying range-bound. A projected 12% decline might stimulate fresh liquidity inflows, potentially pushing the price towards the 0.5 Fibonacci level above $0.5. These observations highlight ongoing market dynamics influencing ADA’s price movements amidst technical indicators and chart patterns.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Cardano #ADA

Wintermute’s transfer of $12 million worth of ARB tokens to Binance has sparked speculation of a potential price drop ahead of an upcoming ARB token unlock.
This move by the prominent market maker has raised concerns among investors and analysts, who are closely monitoring ARB’s market performance. The timing of the transfer, coupled with the imminent token unlock, has added to uncertainties about the token’s short-term price trends.
Wintermute’s Strategic ARB Token Transfer to Binance
Transfer Details and Strategy: Data Nerd monitoring reveals that Wintermute deposited 12.3 million ARB tokens (about $12 million) into Binance just five hours after withdrawing them from Coinbase two days ago. This transfer involved three separate wallet addresses, each moving different volumes: 4.680 million ARB tokens from the first address, 4.125 million tokens from the second, and 3.463 million ARB tokens from the third. The coordinated movement of these substantial amounts suggests a deliberate strategy by Wintermute, potentially aimed at influencing ARB’s liquidity and market presence on Binance.
Impending Token Unlock Event: On June 16, 2024, the ARB ecosystem is scheduled to undergo a significant token unlock event, releasing 92.63 million ARB tokens, equivalent to 0.93% of the total supply. This release holds a market value of approximately $88.41 million, constituting 3.20% of the current market cap. Such events typically attract significant attention from investors and analysts due to their potential impact on market dynamics, including liquidity, supply, and overall token valuation.
Arbitrum (ARB) Market Overview
Current Price and Trading Volume: As of today, Arbitrum (ARB) is priced at $0.9628, with a 24-hour trading volume totaling $225,544,186.80. This reflects a decrease of -0.72% over the past 24 hours and a -14.28% decline over the last 7 days. With a circulating supply of 2.9 billion ARB tokens, the cryptocurrency commands a market cap of $2,792,370,669.
Open Interest and Market Performance: ARB open interest has seen a slight downturn of 2.89%, currently valued at $164.4 million.
Wintermute and $BENJI Partnership: Earlier this week, Wintermute announced a partnership with $BENJI, as highlighted in a post on X (formerly Twitter). The partnership states, “We are proud to announce that $BENJI has officially partnered with @wintermute_t, widely recognized as the world’s leading crypto-native trading firm. They will be providing liquidity for our exchange listings.” This collaboration underscores Wintermute’s expanding role and strategic initiatives within the cryptocurrency ecosystem.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ARB #Arbitrum

Validators involved in what the foundation considers “malicious activities” will face repercussions under the delegation program, emphasizing a zero-tolerance approach to such behavior.
The Solana Foundation has removed a group of validator operators from its delegation program because they were involved in sandwich attacks against Solana users. This decision ensures that the foundation does not support validators who engage in harmful sandwich attacks targeting retail users.
Solana Foundation Takes Action Against Validator Misconduct
Solana Validator Relations Lead Tim Garcia announced on the Solana Foundation’s Discord server the removal of validator operators involved in sandwich attacks against Solana users. Garcia emphasized the finality of the decisions and ongoing enforcement actions as the foundation continues to uncover operators allowing mempools that facilitate such attacks.
Mert Mumtaz, co-founder of Solana RPC provider Helius, supports the foundation’s move to protect retail users from validators abusing delegation rules related to Maximal Extractable Value (MEV). MEV issues arise when validators manipulate transaction orderings to maximize their profits, including through front-running and sandwich attacks. These tactics exploit transaction details to profit from price changes, resulting in higher costs and slippage for users.
The Solana Foundation’s proactive measures against validators engaged in such practices underscore its commitment to safeguarding users and upholding the network’s integrity.
Understanding Sandwich Attacks: Sandwich attacks involve placing two transactions around a victim’s transaction to manipulate prices and profit from price differences, exploiting vulnerabilities in transaction execution order.
Solana Foundation’s Stance Against Malicious Activities
The Solana Foundation, as outlined in a May 7 Discord post by Tim Garcia, established strict rules against malicious activities, stating that those found engaging in such behavior would be expelled from the program. This action includes permanently removing their stake from the foundation.
The Solana Foundation Delegation Program supports validators by delegating SOL tokens to them, reducing the need for validators to hold a large amount of tokens themselves. Validators are chosen based on their performance and must adhere to specific guidelines and best practices.
While operators removed from the delegation program can still participate in the blockchain, Solana being a permissionless network allows for continued contributions. However, they will no longer receive SOL tokens staked to them by the foundation.
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#Solana #SOL

In a viral video on social media platform X, Tesla CEO Elon Musk mentioned the Solana meme coin, Dogwifhat (WIF), causing its price to surge.
This offhand remark, made during a livestream, quickly gained traction and sent ripples through the crypto community. Despite a broader market downturn, Musk’s comment propelled the WIF price upwards.
Elon Musk Sparks Excitement with Dogwifhat Mention
In a recent video that quickly gained attention, Tesla CEO Elon Musk casually mentioned his familiarity with Dogwifhat, a meme coin on the Solana blockchain. Known for his influential presence in the cryptocurrency world, Musk’s past endorsements, particularly of Dogecoin (DOGE), have significantly impacted market movements.
Dogecoin, another popular dog-themed cryptocurrency, experienced substantial gains and widespread attention following Musk’s tweets and endorsements. Musk has consistently shown optimism about DOGE’s future, often referring to it as the leading meme coin.
Before Musk’s mention, Dogwifhat was struggling in the market. However, Musk’s comment sparked speculation and excitement among his followers, leading to an immediate price rally for WIF despite the broader bearish trend in cryptocurrencies. This event underscores Musk’s unparalleled influence in the crypto space.
Interestingly, this is the first time Musk has publicly acknowledged a meme coin other than Dogecoin. His preference for DOGE over Shiba Inu (SHIB), the second-largest meme cryptocurrency, has been well-documented in the past. Therefore, Musk’s mention of Dogwifhat has come as a surprise to many observers.
Elon Musk’s Influence on Dogwifhat Market Dynamics
Market analysts have observed a significant increase in trading volume for WIF following Elon Musk’s mention in the video. This perceived endorsement by Musk is likely to attract new investors, highlighting the volatility of the meme coin sector driven by social media hype and endorsements from prominent figures.
The origins and long-term prospects of Dogwifhat remain uncertain, but the immediate impact of Musk’s mention is evident. Similar to past events, Musk’s comments have historically triggered rapid price movements in cryptocurrencies, although these rallies can often be short-lived.
As of Monday, June 10, the price of Dogwifhat surged by 2.09% to reach $2.79. Additionally, the WIF market cap soared to $2.73 billion, accompanied by a 3.08% increase in trading volume for Solana-based meme coins, totaling $392.88 million. Despite this positive movement, the meme coin has also begun to recover from a weekly decline of over 20%.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#WIF #dogwifhat

Uniswap Labs’ recent acquisition of CTG sparked a rapid increase in the price of the UNI token. The acquisition is designed to integrate CTG’s interactive on-chain features with Uniswap’s platform.
Collaborating closely, the founders of both Uniswap and CTG are focused on enhancing CTG’s upcoming season and introducing innovative crypto-experiences for users.
Uniswap Labs Acquires Crypto: The Game (CTG) to Boost UNI Token Value
Uniswap Labs has made a significant move by acquiring Crypto: The Game (CTG), a popular blockchain-based sensation. This strategic acquisition caused the UNI token to skyrocket in value within just three hours, marking a notable surge.
Mary-Catherine Lader, Uniswap Labs’ Chief Operating Officer, expressed enthusiasm about integrating CTG’s engaging on-chain experiences into Uniswap’s ecosystem. The acquisition, involving a combination of cash, tokens, and equity stakes, aims to go beyond a mere transaction, fostering collaboration to advance the crypto gaming sector.
CTG’s founders—Dylan Abruscato, Tyler Cagle, and Bryan Lee—will collaborate closely with Uniswap to enhance CTG’s upcoming season and introduce innovative crypto interactions. Both parties are committed to maintaining the game’s integrity by avoiding overt promotion of Uniswap products within CTG.
Crypto: The Game (CTG) Propels UNI Token Value and Market Optimism
Captivating a Diverse Audience: Crypto: The Game (CTG) has garnered a diverse following, appealing to both seasoned crypto enthusiasts and newcomers alike. Acting as a gateway to decentralized finance (DeFi), CTG’s popularity is enhanced by prominent sponsorships and partnerships, cultivating a dedicated community that resembles a cultural phenomenon.
Impact on UNI Token Value: Uniswap Labs’ acquisition of CTG has not only caused a significant increase in the value of the UNI token but has also sparked optimism among investors. Market responses have been favorable, buoyed by the strategic acquisition’s potential to enhance Uniswap’s ecosystem and expand its user base.
Market Outlook: Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicate a bullish outlook for the future trajectory of the UNI token. This positive sentiment suggests that UNI’s upward momentum could be sustained, driven by the integration of CTG’s engaging features and community into Uniswap’s platform.
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#Uniswap #UNI

The Polkadot ecosystem is focusing heavily on RWA, with several projects in the works. This could boost the DOT price, potentially raising it to $10.
Polkadot is making significant strides in the RWA sector, showing potential for growth and market leadership for $DOT . Adding RWA functionalities to the Polkadot ecosystem is a major step towards increasing its utility and importance. The price of Polkadot (DOT) has been steady around $7, and this development could help push its price higher.
Polkadot’s Ambitious Polkadot 2.0 and RWA Integration
Recently, Polkadot unveiled the JAM Whitepaper, often referred to as Polkadot 2.0, outlining its ambitious plans and technical advancements. This release highlights Polkadot’s dedication to innovation and ongoing development in the blockchain space.
But what exactly are Real World Assets (RWA)? RWAs include a wide range of tangible and intangible assets such as real estate, precious metals, artwork, commodities, collectibles, and intellectual property. By integrating RWAs, Polkadot aims to offer developers a compliant, secure, scalable, and cost-effective solution for blockchain development, positioning itself as a key player in the growing RWA market.
In the RWA domain, Polkadot has been actively incorporating various concepts using its popular Software Development Kit (SDK) toolkit. The SDK toolkit allows developers to create projects easily, without needing significant investment in blockchain infrastructure development.
While the full implementation of Polkadot 2.0 may take some time, the platform has already made significant progress in RWA integration, utilizing its robust SDK framework. RWA integration holds great potential for mass adoption of blockchain technology, bridging the gap between traditional and digital assets. Estimates suggest that the RWA market could exceed $10 trillion in total market capitalization by 2030, offering substantial opportunities for projects in this sector.
Insights from DOT/USDT Binance Liquidation Heatmap
A detailed examination of the DOT/USDT Binance liquidation heatmap within the futures market offers valuable insights into potential price movements and liquidity dynamics.
The heatmap analysis reveals noteworthy liquidity patterns, particularly highlighting key levels that could influence price action and market sentiment. Notably, significant liquidity is observed below the $7 mark, indicating the presence of stop-loss orders and potential liquidation prices for traders.
Further analysis shows the $8 price range as a crucial resistance level, characterized by substantial liquidity. As the price approaches this zone, traders may encounter selling pressure as participants seek to capitalize on profits or close their positions.
The analysis also highlights the $10 zone, which exhibits considerable liquidity. This area likely represents liquidation prices associated with short positions that initiated the previous bearish movement, now contributing to the ongoing consolidation phase.
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#Polkadot #DOT

PEPE might be in luck again as a large investor bought a huge amount of tokens in the last 24 hours. This big buy happened just as PEPE’s price had dropped significantly, making it a good time to get the tokens at a lower price.
A major PEPE investor has bought over 231 billion tokens in the last 24 hours, taking advantage of a dip in PEPE’s price. The memecoin market is currently experiencing a strong upward trend, and PEPE is expected to benefit even more from this momentum.
Whale’s Massive Buy Signals Confidence in PEPE’s Future
According to insights from the crypto analytics platform Lookonchain, a whale bought 231.6 billion PEPE tokens within 24 hours. This large purchase, amounting to $2.9 million, strengthens the whale’s position in the memecoin.
Lookonchain noted that this PEPE whale is not new to accumulating the token. Since at least March 16, the whale has purchased a total of 750.34 billion PEPE, valued at $8.34 million, from Kraken at an average price of $0.00001111.

Buying PEPE at this time is particularly noteworthy because many are likely to sell the tokens after it recently hit its All-Time High (ATH). From an ATH of $0.00001718, PEPE has now decreased by 26.38% to its current price of $0.00001262.
One major reason for this whale’s action is the strong belief in PEPE’s potential for continued growth. Despite the impressive performance of PEPE and other memecoins during this bull cycle, market analysts remain optimistic about further gains for altcoins that typically outperform the broader market.
Over the past week, PEPE has dropped by 9.64%, creating an opportune moment for the whale to enter for a long-term hold. With memecoins poised to retest their ATH soon, PEPE remains a major favorite.
Memecoin Ecosystem Shows Strong Growth and Innovation
Beyond PEPE, the memecoin ecosystem is experiencing significant positive growth. The market cap of memecoins has reached $58,794,310,811, an increase of 1.95% in the past 24 hours.
This growth was driven by a 0.6% rise in Dogecoin (DOGE) to $0.1477, a 1.82% jump in PEPE to $0.00001268, and a 0.77% increase in dogwifhat (WIF) to $2.769. Among the notable milestones in the ecosystem is the increase in FLOKI’s BNB Chain holders, which has surpassed the 417,000 mark.
Other tokens have introduced unique innovations to boost demand, such as Shibarium for Shiba Inu and TokenFi for Floki. While PEPE has not yet implemented such innovations, it has developed a dedicated community with a strong desire to surpass SHIB and DOGE in the long term.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#PEPE #pepecoin🐸

Birddog, a distinctive token on the Solana blockchain, has rapidly gained traction as the legitimate Birddog Project. Inspired by Matt Furie's Boy's Club, Birddog joins the ranks alongside Pepe, Brett, Andy, and Landwolf. This article delves into Birddog’s unique journey, community-driven growth, and future prospects.

Birddog's Community Takeover
In March, Birddog underwent a significant transformation through a Community Take Over, following the departure of its original developer. This pivotal moment marked the beginning of a new era for the project. The community that stepped in has been consistently delivering diverse content, from original memes to engaging vibes, fueling Birddog's rise.
Marketing and Community Engagement
The Birddog community's dedication is evident in its expansive marketing strategies. With a goal to spread the Birddog mindset across all social media platforms, the community has been actively engaging on X, YouTube, Instagram, and TikTok. This broad outreach has played a crucial role in the token's recent explosive growth.
Key Features
Total Supply: The token has a total supply of 999,848,998.02 $BIRDDOG, creating a balanced scarcity that appeals to investors.
Tax 0%: Birddog transactions are tax-free, making it an attractive option for traders and investors.
Active Community: With over 7,700 unique holders and an exceptionally active community, Birddog exemplifies the power of consistent engagement in the crypto space.
Current Mcap: The token boasts a market capitalization of $6,5 million, reflecting its strong position in the market.
Listed on CMC, CG and Poloniex: Birddog is already listed on CoinMarketCap, CoinGecko and Poloniex, enhancing its visibility and credibility within the crypto community.

Upcoming Developments
Birddog is not resting on its laurels. The project is gearing up for further CEX listings. Additionally, Birddog has a game in development, set for release by the end of June 2024, which promises to further enhance its ecosystem and attract new users.
CA: 3XTp12PmKMHxB6YkejaGPUjMGBLKRGgzHWgJuVTsBCoP
Conclusion
Birddog's journey from a community takeover to becoming a core meme coin in the Solana ecosystem highlights the power of a dedicated community and strategic marketing. With upcoming CEX listings and continuous content delivery, Birddog is well-positioned to solidify its standing and achieve new milestones.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#BIRDDOG #Solana