Trump Loves Dancing could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Loves Dancing (TRUMPDAN), a new Solana memecoin that was launched today, is set to explode over 17,000% in price in the coming days. This is because TRUMPDAN 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, Trump Loves Dancing 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 Trump Loves Dancing could become the next viral memecoin. Trump Loves Dancing 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 Trump Loves Dancing 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 Trump Loves Dancing by entering its contract address – HVnG6NJCvVDa34VxqR1wmSo18EGtNVJhNR8CQwNwjgpi – 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 TRUMPDAN. 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 FTX Payout Plan Officially Takes Effect Today, A Key Milestone for Creditors appeared first on Coinpedia Fintech News After a lenghty and demanding process following its dramatic collapse, the FTX repayments will be starting today with $16B in total to redistribute. This is a key milestone for creditors waiting to recover their assets. The FTX estate, which manages the bankruptcy proceedings of the collapsed crypto exchange, had stated in December that it plans to begin repayments within 60 days of the effective date. Focus On Convenience Classes Although the estate estimates that total distribution will range between $14.7 billion and $16.5 billion, the first payout will be lower, focusing on convenience classes with allowed claims of $50,000 or less. These creditors are expected to receive approximately 119% of their allowed claim amount, including principal and accrued interest, within 60 days. As per the plan, this amounts to roughly $1.2 billion in total. Sunil Kavuri, a prominent advocate for FTX creditors shared in an X post that creditors with claims exceeding $50,000 will receive a share of a separate $10.5 billion pool. The distribution timeline for this group will take longer. Important: FTX Distribution 3rd Jan 25: Initial Distribution Record Date Feb/Mar 25: Convenience class holders > $50k = $10.5bn FTX customers need to complete 1) KYC 2) Complete W-8 Ben form 3) Onboard with distribution… pic.twitter.com/43ZfirJNX3 — Sunil (FTX Creditor Champion) (@sunil_trades) January 3, 2025 BitGo and Kraken have been designated to manage initial distributions to retail and institutional customers in supported jurisdictions. Key Requirements To Be Met He also shared that the FTX customers must complete KYC verification, submit tax forms through the FTX Debtors’ Customer Portal, and choose either BitGo or Kraken as their distribution manager. To be eligible to receive a distribution on the initial distribution date, customers and other creditors are required to complete the above-mentioned steps, prior to the distribution record date. Notably, analysts estimate that $2.4 billion may flow back into crypto markets following the plan’s execution. The analysts note that $3.9 billion of total claims were acquired by credit funds, which are unlikely to reinvest in crypto assets. Moreover, 33% of remaining claims belong to sanctioned countries, insiders, or individuals without KYC verification who may be unable to claim funds.
According to a recent COINOTAG news update, Grayscale has executed a substantial transaction involving the transfer of 700 BTC to an undisclosed wallet. This noteworthy move, reported by Arkham Monitoring,
CoinGecko highlights trending altcoins with significant price surges. KEKIUS, AKUMA, and COOKIE show remarkable performances in the past week. Continue Reading: Discover the Hottest Altcoins Captivating the Market! The post Discover the Hottest Altcoins Captivating the Market! appeared first on COINTURK NEWS .
The cryptocurrency market is heating up again after a few weeks of a sidelined consolidation pattern affecting most projects. As things develop, trading experts and analysts already have their strategy ready and price predictions for this cycle’s top, especially for Bitcoin ( BTC ) and Ethereum ( ETH ), the market leaders. In particular, the X account who goes by a smiling emoji using the handle @smileycapital shared his prediction for BTC and ETH price tops, marking the end of the ongoing bull cycle . Smiley Capital predicts Bitcoin will top between $140,000 and $160,000, and Ethereum between $9,000 and $11,000. The analyst also considers an extraordinary scenario of possible overperformance in case cryptocurrencies see a massive adoption event . Thus, the “cycle top forecasts,” in his words, are at $190,000 and $15,000 for BTC and ETH, respectively. Cycle top forecasts; BTC 140-160k ETH 9-11k If we do overperform due to impressive adoption, 190k/15k should be upper bounds. I give that scenario 25% chance. Financial disclaimer in the next post. — 🙂 (@smileycapital) January 2, 2025 However, Smiley Capital warns that he only does predictions “for fun” and is not necessarily locked in with these forecasts. “I do not trade my predictions, I’m a reactionary trader and I’ll exit markets in the moments when I deem the top is in – not because certain numbers were hit” Bitcoin (BTC) and Ethereum (ETH) price analysis and prediction As of this writing, Bitcoin is trading at $97,050 and Ethereum at $3,510, both surging year-over-year. On that note, BTC is up 119.6% and ETH 54.46% since last year’s January 3. Bitcoin displays a more consistent uptrend while Ethereum’s volatility has hit hard in the last 12 months, with ups and downs. From the current prices, the analyst’s most-bullish predictions would mean a 99% and 327% gains for BTC and ETH, respectively. It is notable that Ethereum has a higher growth potential, considering it is still lagging behind Bitcoin like most altcoins. Bitcoin (BTC) & Ethereum (ETH) one-year price charts. Source: Finbold Other analysts, like Alex Svanevik, CEO of Nansen AI, predicts we are on the verge of “ the mother of all bull markets ,” as Finbold reported. Yet, even this highly optimistic scenario requires traders and investors to have a well-thought exit strategy and realize profits frequently . For example, Wolf has been looking at Smiley Capital ’s recently disclosed Bitcoin range since May last year. In this occasion, which we also reported, the trader explained he plans to start exiting once BTC crosses $130,000 . Nevertheless, cryptocurrency traders building their exit strategies must consider the possibility that their bullish expectations could be part of somebody else’s exit strategy and act accordingly with proper risk management and caution. Featured image from Shutterstock The post Trading expert predicts Bitcoin and Ethereum prices for this ‘cycle top’ appeared first on Finbold .
Could Bitcoin price be boosted by China's monetary policy U-turn?
Internet Computer token rose for the third consecutive day as data showed an intensified burn cycle for the token. Internet Computer (ICP) token climbed to an intraday high of $12, significantly higher than last month’s low of $8.83. A likely…
For the Choise.ai ecosystem, 2024 was packed with big moves and plenty of excitement. It brought together: Choise.com (formerly Crypterium), a B2C crypto banking app with over one million users in 170+ countries, Vault , a B2B crypto banking platform which secured 57 new contracts in 2024 and launched crypto-friendly Visa™ cards, EURO IBAN accounts, and a customizable backend system for flexible user services and pricing, Vbanq , a crypto-friendly business banking platform that has gained over 100 clients and processed more than $35 million in transactions in just three months since its launch, and Charism, a DeFi platform that makes earning, swapping, and bridging crypto easier, while improving liquidity and transparency, all setting the stage for a new focus on enterprise and B2B markets. Now, the year winds down with the announcement of Meme Bank and the addition of Ryan Horn , a former Binance executive, to the Board of Directors, but there’s still so much more to the story. Between these big moments, plenty of other important projects and breakthroughs shaped the year , and a closer look at these is coming up, accompanied by a detailed look at Choise.ai’s CHO token and its forecasted performance. Ecosystem Upgrades At the beginning of the year, Choise.ai set out with a clear goal: to become one of the leading companies in the crypto market. To achieve this, they unveiled a series of strategic initiatives that reflect their commitment to growth and innovation, which involved working on key projects within their ecosystem. The first project focuses on creating the world’s most secure crypto wallet , built on hybrid SMPC technology called Tringlr. This wallet is meant to transform how everyone stores cryptocurrency by offering true ownership and eliminating the risks associated with both independent and external threats. The next project announced was Entropy, an innovative L2 blockchain that combines AI with smart contract automation to transform how they’re created and executed. It offers a no-code environment, making blockchain and AI more accessible for anyone to build, implement, and benefit from. Designed for efficiency and scalability, Entropy focuses on B2B and enterprise applications. It provides an AI-powered ecosystem for future settlement layers, automates smart contracts for smoother operations, and introduces a marketplace for AI models, all while remaining fully decentralized and transparent. The next project introduced was PerpeX , a trading platform designed to give users access to a wide range of futures options, from major coins to smaller, lower liquidity ones, tapping into the growing $2.5T+ crypto market. PerpeX would bring liquidity to various markets, including crypto, forex, metals, and stocks, with an estimated market potential of over $100T – all that, with the ability to leverage up to 1000x. The latest addition to Choise.ai's ecosystem is the Meme Bank project , designed to give meme coins real-world utility. Source: memebanks.io By offering global banking solutions, Visa and Mastercards, and features like staking and token burns, Meme Bank transforms these coins into practical assets. It creates sustainable growth for meme coin communities, with every transaction benefiting both the meme coin and CHO token holders, shaping a new era for the meme coin economy. As Choise.ai expands its ecosystem globally, they've also secured the VASP license in the Czech Republic, along with MSB/Fintrac (Canada) and FinCEN (USA) licenses. This allows them to offer secure, compliant services in even more regions, with more locations to come soon. CHO Use Cases and Price Analysis CHO underwent several key updates this year, including an overhaul of its tokenomics and the release of a new whitepaper . As the Choise.ai ecosystem expanded with the products mentioned earlier, CHO became a vital part of this growth, being used for transactions, transfers, discounted fees, and more. Staking for $CHO went live , and 15 million tokens have already been staked. A new reward program was introduced, too, where CHO holders and stakers can earn up to 20% of Vault's B2B revenue, paid out in the $VLT native token, with one million tokens to be airdropped. The merge of CRPT, Crypterium’s native token, and CHO made CHO even stronger, improved its overall efficiency and boosted market liquidity, making it easier for users to trade the token and driving up trading activity. CHO also secured listings on major exchanges like KuCoin, BingX, and HTX, in addition to its existing presence on MEXC and Gate. There’s buzz in the community on X about another potential exchange listing for CHO, which could bring even more liquidity and exposure. Image Source: X On top of that, there’s talk that DOGE Bank will be the first to launch within the Meme Bank project. With millions of daily transactions expected, this could drive both DOGE and CHO burns, adding even more value to these tokens. Image Source: X Looking at the CHO/USDT chart, the RSI is hovering near the oversold region, currently sitting around 35. Historically, this level often signals that selling pressure may be waning, and a reversal could be on the horizon. Image Source: TradingView Price prediction websites like CoinCodex foresee an upward trend for CHO, with its price expected to climb to $0.025 within the next five days, $0.063 in one month, and up to $0.067 in the next 30 days. What’s more, Choise.ai is currently hosting a competition on X , inviting participants to predict the CHO price on January 1 at 14:00 UTC for a chance to win 1,000 CHO. Everyone who feels like they could make an accurate guess is welcome to join and share their prediction. Strengthening Connections, Strategic Collaborations, and Media Highlights Choise.ai has had an eventful and rewarding year, remaining highly involved with the global fintech and blockchain sectors. They’ve actively participated in over 30 global conferences, including major events like the Dubai Fintech Summit, Crypto Expo Dubai 2024, Bitcoin 2024 in Nashville, Chain Reaction in Baku, and Bitcoin MENA Abu Dhabi, building valuable connections and spreading their vision. On top of all the conference action, Choise.ai has also made several valuable product partnerships this year, teaming up with names like Praxis, Sumsub, Fireblocks, Checkout.com, Worldpay.com, and Openpaid. They’ve also been featured in over 200 articles in top financial and crypto media, including crypto.news, CoinTelegraph, Finance Magnates, Insider Monkey, U.Today, and more. Summary Choise.ai has already made significant strides in the past year and has started working on several exciting projects, with plans to launch them in 2025. With these initiatives in the pipeline, along with potentially even more as Choise.ai continues to expand, the ecosystem is set to grow, positioning CHO for strong future growth, while it's looking ready for an uptick from the current level even now. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
On January 3rd, COINOTAG News reported a significant movement in the DeFi market as a notable whale demonstrated expertise by enhancing their short position by 5,000 ETH. This strategic move
In an effort to uplift market sentiment, a leading crypto market analyst recently conveyed immense bullishness on the meme crypto SPX6900. Notably, in an X post on Friday, market analyst ‘Murad’ predicted that the abovementioned crypto could even flip Dogecoin. As a response, market watchers keenly dig into the token’s current market dynamics, speculating whether such a feat is possible ahead. Top Market Expert Says SPX6900 Can Overtake Dogecoin In a recent X post by Murad, the market analyst anticipated the meme coin market cap to hit the $1 trillion mark in 2025. Further, the analyst also sees Dogecoin hitting new highs this bull cycle. However, amid these bold predictions, the analyst revealed that he still believes in the SPX6900 token’s potential. As per the analyst, the SPX coin could even flip the top meme coin moving ahead. Notably, the bullish projection comes against the backdrop of SPX 500’s monumental standing in the market, valued at trillions. Intriguingly, the analyst believes DOGE to be just a Dog-themed token, which already saw its cultural peak in 2013 and financial peak in 2021. Although he still believes that the dog-themed meme coin could pump further, the SPX6900’s underlying potential is worth looking into, per the analyst. “SPX could be the next DOGE, Ripple, GME,” the analyst added, sparking significant market discussions. Notably, a previous post by the analyst revealed how the crypto’s market cap is already greater than 56% of all American publicly traded companies, solidifying bullish sentiments. Coin Price Soars At press time, SPX price witnessed gains worth 34% intraday and is currently sitting at $1.25. The coin’s 24-hour low and high were $0.935 and $1.27, respectively. Intriguingly, the asset’s intraday trading volume witnessed a 169% surge to $117.5 million, sparking optimism in tandem with the analyst’s bullish predictions. Simultaneously, it’s also noteworthy that DOGE price traded at $0.3622, up 7.5% intraday. The coin’s 24-hour low and high were $0.3351 and $0.3638, respectively. Market watchers continue to extensively eye both the tokens in this bull cycle, speculating over which could outperform the other. The post Top Expert Predicts SPX6900 To Flip Dogecoin, Here’s Why appeared first on CoinGape .