Visa to close Crossmint memecoin rewards loophole following The Block investigation: report
🔍 Executive Brief:
Visa is set to shut down the Crossmint memecoin rewards loophole after a The Block investigation, with the grace period ending next week, even though sales remain active on both platforms.
📊 Trader Lens & Market Flow:
This move will likely tighten liquidity in the memecoin space, reducing arbitrage opportunities and dampening short‑term volatility, while futures traders may adjust positions to avoid the impending regulatory clampdown.
⚡ 24H Futures Momentum Leaders:
• $SAGA (+49.5%) — Price: 0.0374
• $BTW (+28.1%) — Price: 0.7434
• $PTB (+25.7%) — Price: 0.000896
#FuturesTrading #CryptoMarket #BinanceSquare
🔍 Executive Brief:
Visa is set to shut down the Crossmint memecoin rewards loophole after a The Block investigation, with the grace period ending next week, even though sales remain active on both platforms.
📊 Trader Lens & Market Flow:
This move will likely tighten liquidity in the memecoin space, reducing arbitrage opportunities and dampening short‑term volatility, while futures traders may adjust positions to avoid the impending regulatory clampdown.
⚡ 24H Futures Momentum Leaders:
• $SAGA (+49.5%) — Price: 0.0374
• $BTW (+28.1%) — Price: 0.7434
• $PTB (+25.7%) — Price: 0.000896
#FuturesTrading #CryptoMarket #BinanceSquare
