Just over a year old, pump.fun is shifting gears. From a meme coin launchpad to launching a meme coin of its own, signaling the next phase in its rapid evolution. The news of a planned token launch caps a quietly busy past few weeks, during which pump.fun has set the stage for a number of game-changing moves. Partnership with Raydium ended, opening the door for pump.fun’s own AMM to launch Reinstated the social media element of the website Mobile app launched Pump.fun token planned ($PUMP?) That’s pretty impressive for a project that’s only been live since January 2024. Pump.fun Demonstrates Rapid Solana Meme Coin Evolution The first meme coin was deployed on Solana in April 2021, only four years ago. At the time, memecoins were headlined by big $DOGEs on their own chains or on Ethereum-based big names like $PEPE. But when meme coins arrived on Solana, the market began to change. Pump.fun allows users to create and deploy their own Solana meme coins for anything at any time, no fundraising or research required. Pump.fun transformed the Solana meme coin ecosystem. Since launch, the site has generated over $700M in cumulative revenue. While the vast majority of meme coins on the platform fail to go anywhere and don’t make it through the bonding curve (the earliest stages of the process), pump.fun meme coins have still gone on to amass a total market cap of over $4B. Pump.fun’s own growth illustrates just how powerful the Solana meme coin ecosystem has become in a short time. Now, pump.fun is positioning itself for further growth, with broader implications for the $62B meme coin market . Planned Token Latest in Series of Pump.fun Moves The lifecycle of pump memes looks like this: Create a token on pump.fun Purchase a token during the bonding curve (tokens can be sold at any time) Once the curve is reached (around $63K), the token is graduated to a liquidity pool The process is dynamic, visual, and interactive, with users commenting on projects and hyping up other investors. It’s part of a very simple layout designed to get people making and pumping memes. But a few months ago, pump.fun began to show signs of thinking bigger. First, there was a quiet divorce from Raydium , formerly the liquidity provider and AMM for graduated pump.fun tokens. Pump.fun generated fees from the bonding curve and graduation process, but Raydium benefited from money market fees from the liquidity pools themselves. Pump.fun ended its partnership with Raydium to launch PumpSwap , essentially keeping the liquidity pools in-house. That’s been a profitable move, so far, as volume on the AMM far exceeds volume on the bonding curve. Pump.fun shares 50% of the revenue from PumpSwap with token creators, a big incentive to launch even more memecoins. At the same time, pump.fun reinstated a livestream feature for meme coin launches, after removing it earlier for content violations. Add in a mobile app, and it’s clear the news of pump.fun preparing a crypto presale, even as Solana coins explode, is just part of a quiet makeover for the Solana launchpad. Possible $PUMP Token to Raise $1B Pump.fun wants to raise an even $1B to launch the $PUMP token , with the token valuation likely to be set at $4B on launch. After slowly putting their plans in place, the token launch could move quickly. At least some sources suspect the launch could happen within two weeks. A pump.fun token launch is certain to have a major impact on the market. Even if the pump token fails to rocket to the moon, it should be a shot in the arm for Solana meme coins. It’s also a sign of a new approach. Pump.fun isn’t launching its own token on its own site – even though that’d be a guaranteed winner. Instead, they’re using the increasingly popular crypto presale approach. By selling tokens at set rates for a limited time, projects gain better control over the launch process and can set clear goals for the funds raised – hence, pump.fun’s plan to raise $1B with a market cap on launch of $4B. Presales sell tokens before they go live on exchanges. After the TGE (Token Generation Event), investors can buy, sell, and swap tokens on the open market. The best crypto presales provide a great way for investors to get in early on projects, before the open market and strong demand drive the best new meme coins up. With pump.fun’s presale likely just around the corner, here are three others you need to keep your eyes on. 1. Snorter Token ($SNORT) – Sniff Out and Trade Best Solana Meme Coins With Snorter Bot Snorter Token ($SNORT) is the utility token for the Snorter Bot, the best way to find and profit from Solana meme coins on Telegram. With memes, the best opportunities to go 10x or 100x on a token aren’t found on traditional exchanges. The best chances come early in the project’s lifecycle, before broader adoption. For many Solana meme coins, that means Telegram. That’s where the Snorter Bot comes – sniffing out the best trades by sorting through market data. The Snorter Token ($SNORT) powers the Snorter Bot, enabling lightning-fast swaps, automated sniping, copy trading, and protection against scams and rugpulls. Barely a week into the presale, $SNORT has already raised over $400K, demonstrating the avid appetite for a tool to find the best meme coin opportunities. Visit Snorter Token today. 2. Solaxy ($SOLX) – First-Ever Solana Layer 2 Builds Meme Coin Galaxy Ethereum’s got scalability and deep liquidity, Solana’s got lightning-fast speed. Solaxy ($SOLX) brings the two together in one project, unlocking Solana’s full potential. With Solaxy, Solana gains unmatched scalability and a future-proof network. The presale ends in 12 days, over $43M raised so far, and the roadmap is ambitious, with plans for multichain deployment and a bridge to the Solaxy Layer-2. The testnet block explorer and bridge are already live, with development moving fast even before the token launches. Solaxy wants to build a blockchain ready for the meme coin future of Solana, and the tokenomics reflects that, with a full 30% reserved for project development. There’s also 25% allocated for rewards for early supporters, including the 92% staking rewards currently available for investors who stake during the presale. Tokens currently cost $0.001744, but our price prediction indicates the token could reach $0.025 by the end of the year, delivering 93% increase to presale participants. Check out how to buy Solaxy , and visit the Solaxy presale page . 3. Catzilla ($MEOW) – Cats + Memes for Next Solana Super-Coin Future-proof networks are nice, but sometimes you just need cat memes. With over $2.3M raised so far, Catzilla ($MEOW) is living proof. There’s no real utility – just an avid community of cat and Solana lovers, brought together by the love of Catzilla. It’s a serious project all the same, with a strong social media presence, community incentives, and an upcoming audit. Later stages of the project will include a dedicated Telegram app and referral programs, and eventually a merchandise line. $MEOW tokens are weighted to the presale, with 57% of available tokens. It’s critical to get in on this one early, as the presale is potentially the lowest the price will ever go. Will Pump Token Launch Send Solana’s Meme Coin Ecosystem Into Overdrive? The launch of a potential $PUMP token could supercharge the whole Solana meme ecosystem once again. Add in $SNORT’s ability to find hidden tokens and the promise of a $SOLX Layer-2, and the world of Solana memes looks brighter and brighter. Always do your own research – this isn’t financial advice.
Coinbase is facing backlash after a recent report claimed that the crypto exchange had learned about the recently disclosed data breach months before addressing it to the public, sparking a debate about transparency. Coinbase Allegedly Delayed Data Breach Disclosure On Monday, Reuters reported that Coinbase has been aware of a customer data leak linked to the estimated $400 million data breach disclosed last month. The news media outlet claims that at least one part of the breach, disclosed on May 14, happened in January with an overseas contractor for the crypto exchange. Six people familiar with the matter told Reuters that an India-based employee of the US outsourcing firm TaskUs was caught taking pictures of her work computer with her phone to sell it to hackers at the start of the year. According to the report, multiple ex-employees allege that the suspected woman and an accomplice had “been feeding Coinbase customer information to hackers in return for bribes,” adding that the crypto exchange was immediately notified of the incident. This resulted in a mass layoff of over 200 TaskUs employees, which caught the attention of Indian media outlets. In a statement to Reuters, Coinbase stated that the incident was recently discovered, affirming that it had “cut ties with the TaskUs personnel involved and other overseas agents, and tightened controls.” However, they did not disclose the identity of the other foreign agents. Meanwhile, TaskUS stated they had fired two employees for illegally accessing information from an undisclosed client. In the statement, the outsourcing company claims to have “immediately reported this activity to the client,” as they “believe these two individuals were recruited by a much broader, coordinated criminal campaign against this client that also impacted a number of other providers servicing this client.” Investors Criticize Lack Of Transparency As reported by Bitcoinist, Coinbase CEO Brian Armstrong revealed on May 14 that malicious actors bribed a handful of support contractors overseas to access the company’s internal tools, leading to the leak of names, email addresses, limited transaction records, and partial Social Security numbers of around 1% of the exchange’s users. The hackers used the information to attempt to blackmail Coinbase, demanding a $20 million Bitcoin (BTC) ransom to return the sensitive data, which the crypto exchange refused to pay. In the Securities and Exchange Commission (SEC) May filing, Coinbase affirmed that it was aware that contractors accessing the data “without business need were independently detected by the Company’s security monitoring in the previous months,” claiming that, after the blackmail attempt, they concluded “these prior instances of improper data access were part of a single campaign.” Following the Reuters report, Coinbase was questioned about when it first became aware of the severity of the data breach. Crypto investors expressed their concerns about a potential lack of transparency, with some inquiring about the reasons for not disclosing the breach months ago. Others criticized the exchange for using “cheap” contractors overseas instead of direct employees for sensitive data. “60 billion dollar company saves a few bucks on headcount while exposing home addresses for their richest customer base,” an X user stated . Moreover, the exchange is facing legal scrutiny, with several class action lawsuits and a Department of Justice (DOJ) investigation. Notably, an investor filed a lawsuit on May 22 alleging that the company’s shareholders have suffered “significant losses and damages” due to a long list of “wrongful acts and omissions,” including the data breach incident. Meanwhile, a May 27 lawsuit against TaskUs claims that the outsourcing company and Coinbase “failed to timely notify Plaintiff and other Class Members” despite being aware of the incident for months, noting that between January and May, “TaskUs disclosed in its Form 10-Ks that they were not aware of any material data breaches impacting their respective companies.”
Two significant Bitcoin withdrawals totaling $84.2 million have just been made from Binance. The transactions, originating from two wallets, have caught the attention of investors. There’s speculation that this substantial sum may be redirected into a low-priced altcoin worth $0.003333. Could this be a strategic move aiming for a 100-fold return? The market is keenly watching for the next development. Demand for $XYZ Surges As Its Capitalization Approaches the $15M Milestone The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project , further solidifying its appeal. Price Dynamics and Listing Plans During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges. The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization. So far, more than $13 million has been raised, and the presale is approaching another significant milestone of $15 million . This fast progress is signaling strong demand from both retail and institutional investors. Champions Get Rewarded In XYZVerse , the community calls the plays . Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big. The Road to Victory With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price , and to rally a community of believers who believe this is the start of something legendary. Airdrops, Rewards, and More – Join XYZVerse to Unlock All the Benefits Bitcoin: The Digital Revolution You Can’t Hold in Your Hand Bitcoin is the first cryptocurrency, changing how we use money. Created by someone named Satoshi Nakamoto, it aims to be electronic cash without banks. Bitcoin isn’t physical. It exists on a network called blockchain, which is shared across many computers worldwide. These computers, or nodes, keep track of transactions, so there’s no need for a central authority. People called miners verify transactions by solving puzzles. They earn bitcoins as a reward. This process makes the system secure and resistant to fraud. Bitcoin’s potential is huge. Its technology allows fast, borderless transactions. With a limited supply of 21 million coins, many see it as digital gold. Every four years, the Bitcoin network undergoes a “halving,” reducing miners’ rewards by half. This can affect mining profits and network stability. In the current market cycle, Bitcoin still looks attractive. It remains the most recognized and widely accepted cryptocurrency. Compared to other coins, Bitcoin has the longest track record. Current market trends show increasing interest in cryptocurrencies, and Bitcoin often leads the way. Conclusion BTC and other coins are solid, but XYZVerse (XYZ) unites sports fans in a memecoin, aiming for 20,000% growth and potentially becoming the next big crypto success. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse
Uniswap’s UNI token continues to show bullish momentum, extending its rally after a breakout near $6.45 and now trading just below $6.80. The price action is supported by explosive trading volume and clear whale accumulation in derivatives markets. Institutional long positioning appears to be reinforcing the uptrend, with UNI outperforming broader Ethereum-based tokens. As Bitcoin's dominance softens, the persistent strength in UNI suggests market participants may be rotating into high-cap altcoins with upside breakout potential. Technical Analysis Highlights UNI surged from $6.45 to $7.00 on June 3, posting a 10.5% intraday gain backed by a 16.4M volume spike—10x above the 24-hour average. Current price hovers near $6.79, up approximately 6.5% over the past 24 hours.Key support formed around $6.56–$6.60 after the breakout, with consolidation between $6.60 and $6.75 confirming healthy retracement. Price action continues within a rising channel, with higher lows and breakout volume patterns suggesting sustained bullish momentum. Resistance remains near $6.93–$7.00; a clean break above this zone could spark a fresh leg higher. A brief dip to $6.67 around 07:36 was met with renewed buying, with follow-through strength lifting UNI to $6.78 by 09:15. Volume spikes during the 07:21 and 08:00 candles support the idea of institutional buyers accumulating at higher lows.
The DeFi space is buzzing with excitement around Mutuum Finance (MUTM) , a token that is steadily gaining attention for its innovative features and strong foundations. With its beta platform launch scheduled to coincide with the token’s go-live, Mutuum Finance (MUTM) is poised to make a significant impact on the decentralized finance arena. This launch, combined with its recent CertiK audit approval and a carefully crafted roadmap, suggests that the token will experience a tenfold increase in value as mass adoption begins. A strong foundation backed by CertiK approval Security remains a top priority for any DeFi project, and Mutuum Finance (MUTM) has taken this seriously by completing a thorough CertiK audit. With a solid Token Scan Score of 70, the audit involved both manual review and static code analysis to ensure that smart contracts are robust and free from any vulnerabilities. This level of scrutiny provides confidence not just to whales and institutional investors, but also to everyday users looking for a secure way to participate in DeFi. The CertiK audit is a crucial milestone because it separates Mutuum Finance (MUTM) from the many tokens that launch without proper security checks. This credibility builds trust, which is essential for driving user adoption once the beta platform goes live. The beta platform launch: a game changer for user engagement The upcoming beta launch of the Mutuum Finance (MUTM) platform is designed to introduce users to the core functionalities that make this project unique. This event aligns perfectly with the token’s live release, creating momentum that is expected to boost user activity and liquidity. One of the standout features of the platform is its multi-model lending system. Users will be able to deposit popular assets like AVAX, BNB, or ETH directly into the protocol’s liquidity pools. In return, they receive mtTokens—tokenized representations of their deposits that accrue interest over time. This means users can track their earnings transparently and maintain liquidity without locking up their assets permanently. Layer-2 integration plays a vital role in this launch. By building on Layer-2 infrastructure, Mutuum Finance (MUTM) addresses two major pain points in DeFi: high transaction fees and slow confirmation times. This technical upgrade makes the platform faster and more cost-efficient, significantly improving the user experience and encouraging daily engagement. As network congestion and gas fees continue to challenge many Ethereum-based projects, Mutuum Finance (MUTM)’s approach offers a practical solution that will attract a wider audience. How depositing AVAX, BNB, or ETH generates passive income The ability to generate passive income is a key driver behind the growing popularity of Mutuum Finance (MUTM). When users deposit AVAX, BNB, or ETH into the platform, they join shared liquidity pools where borrowers can access these assets. As demand for loans increases, the interest rates adjust dynamically, reflecting real-time market usage. For example, depositing $10,000 in AVAX today allows users to earn a variable interest rate based on the pool’s utilization. This rate can fluctuate, but higher demand generally leads to higher returns, giving investors a reliable income stream that grows with platform activity. Unlike fixed-yield products, this dynamic model incentivizes participation and reflects actual market conditions, making it both efficient and fair. Because deposits are represented by mtTokens, users retain full control of their funds and can redeem their tokens along with accrued interest whenever they choose, assuming liquidity is available. This flexibility is appealing to investors looking for both yield and liquidity in the volatile crypto market. Stablecoin innovation and future features strengthen the ecosystem Mutuum Finance (MUTM) is also developing a fully decentralized, overcollateralized stablecoin backed by assets already held within the protocol. Unlike traditional stablecoins that depend on fiat reserves, Mutuum’s stablecoin is minted through on-chain collateral, ensuring transparency and algorithmic supply control. This innovation will provide users with a reliable borrowing option and bolster the protocol’s treasury by channeling interest payments back into the ecosystem. The stablecoin is expected to enhance platform sustainability and open up new use cases for MUTM holders. Other planned developments include continuous improvements to the smart contract system, the introduction of advanced analytics tools, and eventual listings on major exchanges. Each of these milestones aligns with Mutuum Finance (MUTM)’s mission to provide a comprehensive and secure DeFi experience. Conclusion: Mutuum Finance (MUTM) is poised for a breakout Mutuum Finance (MUTM) is on the cusp of a major breakthrough. The upcoming beta platform launch, combined with its CertiK audit approval and Layer-2 integration, forms a powerful foundation for sustainable growth and user adoption. By offering innovative features like multi-asset lending with mtTokens, an algorithmically controlled stablecoin, and dynamic interest rates, Mutuum Finance (MUTM) delivers tangible value to investors. For those looking to be part of a secure, fast, and user-friendly DeFi ecosystem, Mutuum Finance (MUTM) stands out as a smart choice in 2025. The platform’s beta launch will trigger a 10x increase in token value, rewarding early investors and setting a new standard for decentralized finance innovation. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post MUTM’s beta platform launch could trigger a 10x — and it’s already CertiK approved appeared first on Invezz
Bitcoin continues to attract significant attention from major market participants, exemplified by Whale James Wynn’s recent reaffirmation of a bullish stance. Wynn’s substantial 40x leveraged long position in Bitcoin, valued
The best crypto to buy now probably isn’t the one everyone’s tweeting about, it’s the one showing quiet signs of momentum before the crowd notices. That’s where the 3-click method comes in: a simple routine using DEXTools, Etherscan, and Twitter to spot coins gaining traction under the radar. It’s how early-stage projects like Dawgz AI start picking up steam, before they’re trending on X or showing up on major exchanges. The 3-Click Method: How to Spot Breakout Coins Early Finding the next breakout coin doesn’t require luck, it just takes the right tabs open. This 3-click method is a simple way to catch momentum before it becomes a Twitter trend. Step 1: DEXTools Trending Head to the “Trending” tab on DEXTools.io . Sort by newly launched tokens and look for those with consistent volume, growing liquidity, and more buys than sells. Step 2: Etherscan Wallet Check Paste the contract address into Etherscan and check recent holder activity. Look for a steady climb in unique wallet holders, not just bots or airdrops. Bonus points if some “smart wallets” are in early. Step 3: Twitter Scan via Niche Influencers Search the token name or ticker on X (Twitter) and filter to “Latest.” If smaller influencers or CT (Crypto Twitter) accounts are posting about it before mainstream buzz, you’re early. That’s how projects like Dawgz AI start getting traction. What the Smartest Traders Are Doing Before Coins Go in Trend They’re not chasing pumps, they’re watching footprints. Smart traders use tools like DEXTools and Etherscan daily, but they’re not just looking at numbers. They’re reading between the lines: Is the token gaining holders? Is liquidity real? Is Twitter starting to whisper before it screams? Instead of relying on calls or Telegram groups, they cross-check on-chain data with early social signals. If a coin is quietly building momentum across platforms, that’s often a stronger buy signal than anything trending at the top of a crypto exchange. Best Crypto to Buy Now Using This Strategy One project that’s been checking all the right boxes lately is Dawgz AI. It popped up on DEXTools with growing volume and steady buys, not the typical pump-and-dump behavior. A quick Etherscan dive showed a consistent rise in unique wallet holders and clean on-chain activity. On X, early crypto accounts were talking about it weeks before any big influencer threads appeared. Quick Look at Dawgz AI Dawgz AI is gaining traction as one of the most-watched presales right now, not because of hype, but because it’s actually building something useful. The project offers AI-driven tools designed to help traders track smart wallets, analyze market sentiment, and identify early trends across blockchain data. It’s fully audited, has a fixed token supply, and skips the usual red flags like private allocations or early unlocks. Combined with strong early funding and growing mentions across X, Dawgz AI is shaping up as a rare low-cap with real utility under the hood. Presale price: $0.00438 Raised so far: Over $3.6 million Total supply: 8.88 billion tokens No private sale / no early unlocks Audit: Completed by SolidProof Use case: AI tools for smart money tracking, sentiment scanning, and early signal detection Staking: Unlocks access to platform features If you want to learn more about $DAGZ, check the video below. What Makes a Coin Worth Catching Early? Spotting a crypto project early is only half the game, what really matters is knowing whether it’s worth your time (and money). Here’s how experienced traders break it down: Healthy Liquidity, Not Just Volume It’s not enough for a token to have a spike in trading volume. What you want to see is consistent buying and selling across several hours or days, not just a flash pump. If liquidity is real and stable, that’s a strong early signal. Balanced Wallet Distribution One of the first red flags to avoid is a lopsided supply. If a small number of wallets hold most of the tokens, early buyers could dump on new entries. On the other hand, steady growth in unique holders indicates organic traction and less manipulation. Verified Contracts and On-Chain Activity Before jumping in, check if the token’s contract is verified on Etherscan and see how active it is. Look at interactions, are people actually using the token? If it’s just sitting idle, that’s a concern. Active contracts usually mean a functioning ecosystem or utility. Small Influencer Buzz, Not Paid Hype Coins worth catching early usually show up in Twitter threads from niche traders long before the big names talk about them. Watch for genuine posts, not copy-pasted promotions or bot-filled comment sections. Real engagement often starts small and grows naturally. Actual Utility and Clear Use Case Lastly, ask the simple question: “What does this token do?” If there’s a real answer, whether it’s access to AI tools, a DeFi function, or some form of platform utility, then it has long-term potential. Hype fades, but utility holds value. Avoiding the Trap: When Not to Follow the Hype In crypto, timing is everything, and sometimes, following the buzz can be the fastest way to lose money. When a coin is already trending across X, topping DEXTools, and getting mentions from major influencers, chances are you’re late. Not always, but often. The trap comes when FOMO (fear of missing out) replaces logic. Many coins pump hard after getting attention, then crash just as fast when early buyers take profits. If you didn’t check the contract, wallet history, or tokenomics before buying, you’re likely buying someone else’s exit. Another red flag is copycat behavior, projects that look exactly like the last meme coin that exploded, but with no unique twist or utility. Also beware of fake engagement, where bots flood socials to make a token seem more popular than it really is. Final Thoughts You don’t need insider calls or paid groups to find the best crypto to buy now. Most of what matters is already in front of you - on-chain data, small Twitter buzz, and platforms like DEXTools showing where money’s quietly flowing. If you’re checking these signals before the noise kicks in, you’re already ahead of 90% of traders. Dawgz AI is one of those projects making real moves without shouting about it. No viral thread needed, just steady momentum across the right channels. That’s exactly the kind of setup this strategy is meant to catch. Frequently Asked Questions Which coin is best to invest in crypto now? Dawgz AI is quickly becoming one of the most talked-about early-stage projects thanks to its AI utility and clean presale structure. It's worth watching if you're looking for serious upside potential. Which crypto has 1000x potential? Dawgz AI is being mentioned in 1000x conversations because of its low entry price, capped supply, and real use case in AI-powered trading tools. It’s early, but that’s the point. Which crypto will explode in 2025? Dawgz AI is one project already gaining early traction and could see major upside by 2025 as utility-based tokens start to lead the next bull cycle. Which cheap crypto will explode? Dawgz AI, still under a penny, is on radar for its combination of meme appeal and real tech. It's exactly the kind of cheap crypto traders watch before it takes off. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The post Cardi B Promotes WAP Memecoin—Price Crashes 80% in One Day! appeared first on Coinpedia Fintech News The memecoin trend is getting bigger, and many celebrities are joining in. Famous names like Donald Trump, Elon Musk, Andrew Tate, Wiz Khalifa, and Caitlyn Jenner have promoted different memecoins. But many of these coins turned out to be scams or caused big problems. Now, Grammy-winning American rapper Cardi B has found herself in the middle of a crypto storm after promoting the WAP memecoin. After the post, crypto watchers quickly called it out, warning it could be another scam. Cardi B Promotes WAP Memecoin On her official X account, Cardi B shared a post about the WAP, a cat-themed memecoin and abbreviation of “Wet Ass Pussy. She even included a wallet address in her tweet, saying it was “even wetter then last time,” a reference to her famous song. $WAP is back Even wetter then last time CA: Bz7vVzQhm2KMW1XgcrDruYega1MiwrAs1DQysrx4tFkp — Cardi B (@iamcardib) June 3, 2025 Right after this, several people in the crypto world spoke out. They said that the wallet address Cardi B posted has been linked to shady activity before. Meanwhile, this isn’t the first time Cardi B has promoted the WAP token. Last year in October, she promoted $WAP and posted the same wallet address. Back then, blockchain security experts warned that this address could be used for scams. Why Are Experts Calling It a Scam? Popular crypto investigator ZachXBT questioned why Cardi B would share this memecoin now. He suggested that maybe Cardi B is trying to make money fast because she’s in the middle of a messy split from her husband, Offset. Cardi B had even said that Offset wasn’t helping with child support, so some wonder if she’s promoting these coins to cover her bills. WAP Token Price Crashed BY 80% Right after Cardi B posted about it, the value of the token market cap quickly dropped, from $2.5 million to just $139,000 in a few minutes. As of now, WAP token is trading around $0.000197 , reflecting a price drop of 80% in a day. Pseudonymous detective crypto noticed something strange with the WAP memecoin. He highlighted that some whales had bought WAP tokens about five days before the tweet. So today, @iamcardib remembered that she still held a large portion of the $WAP supply and decided to run another pump and dump. The token went from 2.5M to 139k a couple of minutes after the tweet The dump was triggered by some wallets that bought the token around five days… pic.twitter.com/7Nwr27rcZA — dethective (@dethective) June 3, 2025 Just after Cardi B’s post, these people sold their tokens fast and made about 10x the money they invested. Experts believe she might have helped cause the price jump on purpose to make money, a move called “pump and dump.”
On-chain data reveals that the whale wallet “0xF0B…Bf06a” has strategically increased its holdings by acquiring 83.94 Wrapped Bitcoin (WBTC) since mid-May. Valued at approximately $8.98 million, the initial investment cost
Binance, the world's largest cryptocurrency exchange, continues its altcoin announcements. At this point, Binance recently announced that it has listed the altcoin Resolv (RESOLV) both on Binance Alpha and in the futures. Related News: Binance Founder CZ Shares Risk in Bitcoin (BTC)! How Much Risk Should You Take? “Binance is excited to announce that Resolv (RESOLV) will be available for trading on Binance Alpha starting June 10, 2025 at 1:00 PM (UTC). Additionally, Binance Futures will launch the RESOLV/USDT Perpetual Contract with up to 50x leverage starting on 2025-06-10 13:30 UTC. Binance is the first platform for Resolv (RESOLV) and is now available for trading on Binance Alpha and Binance Futures. To celebrate this launch, there is also a special token airdrop for eligible Binance users. Eligible users must use their Binance Alpha Points to claim their airdrops on the Binance Alpha Events Page between 13:00 UTC on 10/06/2025 and 13:00 UTC on 11/06/2025. We’re pleased to announce that Binance will be the first platform to feature Resolv (RESOLV): Binance Alpha Trade Opens on 2025-06-10 13:00 (UTC) Binance Futures Trade Opens on 2025-06-10 13:30 (UTC) To celebrate, eligible users can use Alpha Points for an exclusive airdrop… pic.twitter.com/8iI94TvCRg — Binance (@binance) June 4, 2025 *This is not investment advice. Continue Reading: Double Good News for Fresh Altcoin from Binance! "It Will Both Be Listed and…"