Santa Rides Shiba could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Santa Rides Shiba (SANTSHIB), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because SANTSHIB is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Santa Rides Shiba can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Santa Rides Shiba could become the next viral memecoin. Santa Rides Shiba launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Santa Rides Shiba on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Santa Rides Shiba by entering its contract address – CxpeR8vdgeVWZFwBytS7PRrXHBwVgPJWZBJUcpK3k7vT – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SANTSHIB. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
The post Crypto News Today (Dec 20, 2024): Bitcoin Falls to $96k as Market Stumbles appeared first on Coinpedia Fintech News The crypto market’s stance with its numbers has further aggravated from the previous day. The downturn has led to the market cap shrinking by 5.04% to $3.34 trillion. As a result, the trading volume is down marginally by 0.54%, settling at $264.08 billion. Successively, the Fear & Greed Index currently stands at 62, highlighting “Greed” despite the recent pullback. Bitcoin ETF Outflows Peak, As BTC Price Slips Below $97K Bitcoin has been struggling to upkeep its momentum on the daily charts, following the FED’s announcement about rate cuts. After brushing its 24-hour low of $95,587.68, BTC price today is changing hands at $96,819.67. The reddish numbers and short-term uncertainty have resulted in the 24-hour trading volume budging down 3.52% to $93.85 billion. The impact was also seen with ETFs, on 19th December, Bitcoin witnessed outflows summing up to $671 million. For insights into Bitcoin’s future, explore our Bitcoin Price Prediction . Altcoins Today: ETH, SOL, & XRP Prices Plunge Ethereum suffered significant losses from the market-wide shock waves, falling 8.18% to $3,368.56. Solana too incurred a loss of 7.67% loss to its press time price of $193.61XRP on the other hand, saw a rather modest correction of 2.70%. For Ethereum’s detailed analysis, check out our Ethereum Price Prediction . Top Gainers: MOVE: $0.8242 (+10.93%) HBAR: $0.2786 (+2.01%) MNT: $1.16 (+0.41%) Top Losers: ENA: $0.9528 (-18.07%) VIRTUAL: $2.16 (-16.92%) BEAM: $0.02502 (-15.03%) FAQs How much does 1 BTC cost today? At the time of press, the price of 1 Bitcoin (BTC) is $96,819.6. Which tokens are the top gainers today? MOVE token (+10.93%), HBAR (+2.01%), and MNT (+0.41%) are today’s top gainers. How has Ethereum (ETH) performed today? Ethereum (ETH) experienced a significant drop of 8.18% in the past 24 hours, trading at $3,368.56.
Vivek Ramaswamy’s X account, the co-leader of the US government’s Department of Government Efficiency (D.O.G.E.), was reportedly hacked. The breach led to the dissemination of false information about a purported partnership between D.O.G.E. and stablecoin project USUAL, resulting in a temporary surge in the price of the token. Through his official account on X (formerly Twitter), Ramaswamy allegedly announced a strategic collaboration between D.O.G.E and USUAL, an issuer of fiat-backed real world asset (RWA) stablecoins. According to the fraudulent post , the partnership aimed to leverage crypto initiatives to support the Donald Trump administration’s goal of reducing the federal fiscal deficit. It further claimed that the collaboration would enhance governmental transaction efficiency and promote fiscal responsibility. Fake announcement taken down, USUAL experiences price surge The announcement quickly drew attention and caused the price of $USUAL to spike by 31.08% to $1.61. Its market capitalization also surged by 38.73% to $720.2 million, although its 24-hour trading volume fell by 7.76% to $1.6 billion, per CoinMarketCap data . USUAL price spike – Source: CoinMarketCap However, the information was soon debunked as false, with Ramaswamy’s team confirming that his account had been hacked. The post was subsequently removed, and the team initiated swift action to regain control. Source: X James Fishback, founder of Invest Azoria, publicly clarified the situation, labeling the partnership claims as a scam. “I just spoke with Vivek. He has been hacked. He is locked out of his account. This is a scam,” Fishback wrote on X. Vivek’s influence on the government, which involves co-leading D.O.G.E. with billionaire Elon Musk, is likely the reason why hackers targeted his account. He is currently one of the “most watched” personalities, and he is at the center of Trump’s administration critics and supporters. December mauled with fake Social media crypto promotions Social media account hacks promoting fraudulent cryptocurrency schemes have become increasingly prevalent. These incidents often exploit public trust to orchestrate pump-and-dump schemes. Earlier this week, Anthropic ’s X account was similarly compromised, with hackers using the platform to promote a fake token called ‘CLAUDE.’ The fraudulent post about CLAUDE claimed the token would incentivize AI and crypto projects and included a wallet address for “investors.” The tweet remained live for approximately 30 minutes before being removed. On-chain data revealed that the attackers collected around $100,000 from speculative investors. Further analysis showed the hackers purchased 10% of the CLAUDE token’s supply across multiple wallets and quickly dumped their holdings for profit. The scammers had also falsely claimed the token’s focus was on AI agents, capitalizing on the growing interest in AI-related projects. The Anthropic (Claude) Twitter is likely hacked. Don't interact with any links, don't buy the token. — Adam Cochran (adamscochran.eth) (@adamscochran) December 17, 2024 Celebrity Accounts Targeted for Scams This month, several high-profile figures have also been targeted. Canadian rapper Drake’s X account was compromised on December 15, with attackers promoting a meme coin called Anita. The token, purportedly tied to Drake’s upcoming Anita Max Wynn tour, generated $4.9 million in trading volume within hours, driven by his 39 million followers. Source: X The post claimed the token was developed in collaboration with Stake, a betting platform Drake is known to endorse. The surge in trading volume saw over 7,000 buy orders before blockchain analysts, including Zachxbt, identified the token as a scam. Other celebrities have experienced similar breaches. Cardi B and Doja Cat’s accounts were hacked in December 2024, while TikTok star Halley Welch, known for her viral “Hawk Tuah” video, is facing lawsuits after promoting the HAWK token. The token soared to a market cap of over $400 million before collapsing, leaving investors and Welch’s followers with significant losses. Welch has yet to respond to the rug pull allegations. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Spot Bitcoin ETFs saw record outflows on December 19, totaling 680 million dollars. Ethereum ETFs ended an 18-day inflow period with a net outflow of 60.4677 million dollars. Continue Reading: Spot Bitcoin and Ethereum ETFs Experience Significant Movements on December 19 The post Spot Bitcoin and Ethereum ETFs Experience Significant Movements on December 19 appeared first on COINTURK NEWS .
In the last 24 hours, Jasmy Coin has dipped 9.81% and is now trading at $0.03405. Despite the…
Polygon has launched its AggLayer v0.2 testnet, a groundbreaking step toward blockchain interoperability. This upgrade introduces pessimistic proofs to secure cross-chain transactions cryptographically, bolstering the ecosystem. Eternal AI is also leveraging the network’s infrastructure to decentralize AI agents. With developments in NFTs, real-world assets, and AI integration, POL could be on track to hit $1 soon. Polygon AggLayer Testnet Goes Live with Pessimistic Proofs Polygon announced the launch of its AggLayer v0.2 testnet on December 20, marking a pivotal moment for the platform. This update introduces “pessimistic proofs,” a first-of-its-kind innovation aimed at enhancing blockchain interoperability. These proofs guarantee the safety of cross-chain transactions by tracking balances cryptographically. By reducing risks and enabling seamless communication across EVM chains, pessimistic proofs are poised to set a new standard in secure decentralized ecosystems. Despite slight delays from initial expectations, the testnet launch signals significant progress. Polygon’s roadmap reveals an early 2025 mainnet launch, cementing its position as a leader in blockchain infrastructure. Beyond this, Eternal AI, a decentralized AI agent powered by the network, is expected to revolutionize AI applications, blending secure interoperability with cutting-edge machine-learning capabilities. These advancements highlight the project’s commitment to pushing the boundaries of decentralized technology. Day 4 of Truly Open AI: AI-POWERED POLYGON We have collaborated with @0xPolygon team to bring Decentralized AI Agents to Polygon Anyone can now launch a Polygon AI Agent in just a few clicks: 1/ Go to https://t.co/cjbZAOj70P , click "Create your AI Agent" 2/ At step 2:… pic.twitter.com/IHU83Cdkdt — Eternal AI (@CryptoEternalAI) December 19, 2024 Price Outlook: Will It Reach $1? The POL token price currently trading at $0.48, with a 24-hour range of $0.46 to $0.52, reflecting an 8% price drop. However, it has gained 12% over the past month and 21% in the last quarter, showcasing consistent upward momentum. Market interest in POL has increased significantly, especially as Binance.US announced its support for the MATIC-to-POL migration. The migration, set to begin on January 9 will convert all MATIC balances to POL at a 1:1 ratio, further driving attention toward the ecosystem. Binance.US outlines detailed guidelines for the migration, stating it will disable MATIC trading before the transition. It urges users to unstake MATIC in advance, as staking and unstaking will pause during the process. The migration will take two weeks, after which POL deposits, withdrawals, and trading will resume. This planned migration is likely to bolster POL’s adoption across the crypto market. Polygon’s ongoing innovations in NFTs, real-world asset tokenization, and decentralized AI are fueling speculation about POL’s potential to reach $1. With its expanding use cases and ecosystem growth, analysts remain optimistic that these developments could drive the token’s price upward in the coming months. The post Polygon AggLayer Testnet Launched: Is POL Heading to $1? appeared first on CoinGape .
Japan’s Metaplanet Raises $61 Million Through Bonds to Purchase Additional Bitcoin ————— 💰Coin: Bitcoin ( $BTC ) $98,064.20 ————— NFA.
The United States Securities and Exchange Commission has approved two spot cryptocurrency index exchange-traded funds. On Dec. 18, the SEC greenlighted the crypto index ETF proposal from Franklin Templeton, allowing it to trade on the Cboe BZX Exchange. The following day, the commission approved Hashdex’s crypto index ETF, which is set to trade on the Nasdaq stock market. Franklin Templeton’s proposal was granted “accelerated approval” after its updated filing met the necessary requirements and was deemed “substantially similar” to previously approved spot Bitcoin and Ether exchange-traded products. Crypto index ETFs track the performance of multiple cryptocurrencies, offering investors diversified exposure to the digital asset market through a single investment vehicle. It replicates the performance of an underlying index by holding the same assets in similar proportions. Hashdex’s Crypto Index ETF will track the Nasdaq Crypto US Settlement Price Index, while Franklin Templeton’s product mimics the performance of the Institutional Digital Asset Index, both of which primarily focus on spot Bitcoin and Ether. Franklin Templeton submitted its filing for the Franklin Crypto Index ETF in August, while Hashdex initially filed its S-1 in June and later submitted an amended application on Nov. 25. You might also like: Franklin Templeton crypto index ETF delayed by SEC The SEC had previously requested more time to evaluate both proposals, citing the need for a thorough assessment. Hashdex and Franklin Templeton addressed these concerns by submitting revised filings, which the commission, in its Dec. 19 notice , stated were consistent with regulatory requirements designed to prevent fraud and manipulation, protect investors, and ensure the integrity of the market. According to Bloomberg analyst Eric Balchunas, the funds are “likely” to go live in January, with Bitcoin making up about 80% and Ether 20% of the holdings. With the first crypto index funds approved, experts like ETF Store President Nate Geraci believe more issuers will follow suit, anticipating “meaningful demand” for such products as advisors seek diversification. Last month, Bitwise filed a proposal with the SEC to launch a spot Bitcoin and Ether ETP on the NYSE Arca. The fund aims to provide investors with balanced exposure to the two largest crypto assets in an accessible format, according to a Nov. 26 statement from the asset manager. These developments coincide with upcoming leadership changes at the SEC , as Chair Gary Gensler has announced his resignation, effective January 20, 2025, the day President-elect Donald Trump is set to take office. Read more: ETH staking ETFs have potential to surpass Bitcoin ETF: Bitcoin Suisse
The United States Securities and Exchange Commission has approved two spot cryptocurrency index exchange-traded funds. On Dec. 18, the SEC greenlighted the crypto index ETF proposal from Franklin Templeton, allowing it to trade on the Cboe BZX Exchange. The following…
Aptos [APT] is at a crucial juncture as traders closely monitor its performance for a potential breakout to sustain the asset’s impressive growth. Aptos has witnessed exponential growth in on-chain