A recent event involving parody X account Richard E. Ptardio has highlighted the unpredictable nature of meme-based cryptocurrencies. This unique situation saw Ptardio, an account created impersonating a veteran trader,
A widely followed crypto trader says one decentralized oracle service project may one day overtake its rival Chainlink ( LINK ). In a new video update, Guy Turner, the host of CoinBureau, tells his 2.57 million YouTube subscribers that the market cap for Pyth Network ( PYTH ) may eventually soar due to its potential to generate massive fee revenue. “In my opinion, Pyth Network is one of the most underrated cryptos there is. That’s because it’s an oracle that provides high-frequency data feeds that blockchains like Solana depend on. In other words, Pyth Network is like Chainlink, and some would argue that it’s better than Chainlink. That’s because Pyth Network technically has its own blockchain called Pyth Net, which could theoretically leverage the PYTH token for fees someday. This could make PYTH bigger than LINK, which is already pretty darn big. For the time being, though, PYTH continues to fly under the radar, which is good news for those looking to get in early, but bad news for those who have already been accumulating for a while.” PYTH is trading for $0.49 at time of writing, up 7% in the last 24 hours. With a market cap of $1.79 billion, PYTH is the 83rd largest crypto project. Meanwhile, LINK is trading for $29.08 at time of writing, up slightly on the day. With a market cap of $18.21 billion, LINK is the 13th largest crypto project. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner appeared first on The Daily Hodl .
According to Messari’s most recent analysis, Solana (SOL) is primed for explosive expansion in 2025, fueled by major funding, technological improvements, and growing institutional interest. Related Reading: The $589 XRP Dream: Believers Aren’t ‘Delusional’ Enough, Expert Says The study indicates that in the third quarter of 2024 Solana’s ecosystem funding reached $173 million, the highest level since mid-2022. This money flow shows a strong conviction in Solana’s ability to be the top blockchain platform. Solana: Key Drivers Of Growth One of the key reasons for this positive prognosis is the upcoming introduction of a spot SOL Exchange-Traded Fund (ETF). As regulatory conditions improve, experts predict that institutional investors will flock to Solana, increasing its market position. We are so back! The Messari Theses for 2025 is live and available for free. Jump into the full report now ⬇️ pic.twitter.com/AzOZhiAib5 — Messari (@MessariCrypto) December 16, 2024 The introduction of a spot ETF might result in considerable financial inflows, placing Solana as a viable competitor to other cryptocurrencies such as Bitcoin and Ethereum. Moreover, ongoing improvements to Solana’s infrastructure are anticipated to augment its performance. Jump Trading’s Firedancer client pledges to enhance transaction velocities and network scalability. The preliminary implementation has commenced, with complete deployment anticipated in 2025. This enhancement will broaden client alternatives while bolstering network security by reducing dependence on a singular codebase. Institutional Interest And Market Sentiment Reflecting the increasing institutional interest in Solana, companies like VanEck and Bitwise have lately registered for a spot SOL ETF. This action points to Solana’s unique value proposition as a high-performance blockchain starting to be acknowledged by conventional finance. If this tendency keeps up, many predict SOL’s price would soar to new heights; some even project it may hit $4,000. Solana’s market attitude remains positive, particularly after it just went past the $220 price level. If the movement continues, analysts anticipate SOL will reach its previous all-time high of $263. The combination of increased capital, technological breakthroughs and institutional support fosters Solana’s expansion. Related Reading: New ATH: Bitcoin Tops $106K—Is FOMO And Strategic Reserve The Game-Changer? Looking Ahead: A Promising Future Looking ahead to 2025, Messari’s insights offer optimism for Solana’s growth. Favorable regulations, cutting-edge advancements like Firedancer, and rising institutional interest hint at transformative opportunities for the ecosystem. With these elements aligning, Solana could firmly establish itself as a dominant force in the digital currency landscape. At the time of writing, SOL was trading at $222.29, up 2.4% in the daily and weekly timeframes, data from Coingecko shows. Featured image from DALL-E, chart from TradingView
The strong surge in trading volume on Monday was accompanied by a spike in Open Interest from $18 million to $54 million.
Parody X account Richard E. Ptardio was given memecoins using his likeness which he later donated to charity after his holdings reached a peak of $1 million.
Tether’s investment in StablR, euro-backed stablecoins, is to expand stablecoin usage in Europe ahead of the EU’s 2024 digital asset regulations, making stablecoins like EURR and USDR more accessible and compliant with the new rules. Tether has invested strategically in StablR, a European startup focused on euro-denominated stablecoins. This partnership is to increase the use of stablecoins across Europe, especially with the European Union’s new regulations on digital assets set to take effect in 2024. Why Is This Investment Important? Stablecoins are digital currencies pegged to real-world assets like the US dollar or euro. They offer stability and making them less volatile than other cryptocurrencies. Tether’s investment in StablR is the sign of company’s commitment to promoting stablecoins in Europe, particularly as the region prepares for the upcoming Markets in Crypto-Assets (MiCA) regulation, which will regulate cryptocurrencies and stablecoins in the EU. StablR, which has already received a license in Malta to issue MiCA-compliant stablecoins and will use Tether’s tokenization platform, Hadron , to facilitate the conversion of traditional assets into digital tokens. By converting it will allow businesses to create digital versions of stocks, bonds, commodities, and more while complying with legal regulations on the whole. StablR’s Role and the Future of Stablecoins StablR offers two types of stablecoins: EURR , which is pegged to the euro, and USDR , which is pegged to the US dollar. Both stablecoins are available on popular blockchain networks like ERC-20 and Solana , and transactions on different platforms. With the help of Tether’s platform, StablR plans to expand its offerings and make stablecoins available on more blockchain networks, allowing even more people and businesses to use them. The stablecoin market is growing especially in countries with unstable economies, Europe is also showing increased interest, with many looking for alternatives to traditional banking systems. Tether’s investment in StablR comes as crypto exchanges adapt to new regulations in Europe (MiCA) that require stablecoin issuers to meet strict compliance and transparency standards. Tether’s investment in StablR helps bring stablecoins like EURR and USDR into Europe’s financial system. With Tether’s support, this partnership makes stablecoins easier to use and ensures they follow the rules in digital currencies. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Binance was the first to receive a cease-and-desist letter from lawyers representing the social media influencer. PNUT Meme Coin Listings Trigger Potential Litigation Mark Longo owner of Peanut – the squirrel that rose to national stardom after it was seized and abruptly euthanized by the New York State Department of Environmental Conservation (NYSDEC) – said
Ohio emerges as the third US state to propose a Bitcoin reserve within its treasury, emphasizing the growing acceptance of digital assets. This legislative initiative follows similar bills in Texas
BTFD Bullish Presale Shakes Up Crypto as Brett Doubles and COQ Inu Becomes Avalanche’s Top Meme Coin – Best Meme Coins to Buy for 2025 Are Here Imagine waking up in 2025 to realise your latest crypto bet has skyrocketed to the moon. Feels good, right? Well, the market’s buzzing with three coins that might just get you there. BTFD Coin (BTFD) is shaking up the scene with its massive presale momentum, Play-to-Earn (P2E) game, and unbeatable community vibe. At the same time, Brett (BRETT) and COQ Inu (COQ) are making waves in the meme coin world with explosive gains and strong blockchain integration. If you’re scouting the best meme coins to buy for 2025, you’ve landed at the right spot. Let’s break down what makes these three coins worth watching, with a laser focus on BTFD Coin, the presale powerhouse currently turning heads across the crypto space. BTFD Coin (BTFD): A Presale Powerhouse You Don’t Want to Miss BTFD Coin is not just a meme; it’s a movement. Launched with the ethos of “Buy The F**ing Dip,”* BTFD has turned the legendary investment mantra into a full-blown ecosystem that rewards early movers. Since the presale kicked off at just $0.000004 per coin, it’s been nothing but up. Now in Stage 12, the price has hit $0.00013, with the coin set to list at $0.0006 at the end of the presale. Here’s the jaw-dropper: BTFD has raised over $4.1 million, with more than 56 billion coins sold and 5,700+ holders already on board. That’s what you call momentum. If you’re wondering, “How much could I earn?”, let’s do the maths. Say you invest $1,000 right now in Stage 12. At $0.00013 per coin, you’ll bag a staggering 7.69 million BTFD coins. When the presale ends and the price hits $0.0006, your $1,000 investment could balloon to $4,615. And that’s just the start. But BTFD isn’t just about hype. The project has actual substance with its Beta P2E game now live. You can join the Bulls Squad, tackle levels, and get a taste of what’s to come. Rewards aren’t live in the Beta yet, but this sneak peek is proof that BTFD is building something solid. Add to that staking rewards with an average 90% APY and it’s clear why investors are loading up their bags. Oh, and did I mention the BTFD Coin Referral Program? Share your referral code and earn 10% of the raise amount in BTFD tokens if you make the top 20 leaderboard. Your friends get an extra 10% BTFD when they spend $50 or more. Everybody wins. With Ethereum as its backbone and liquidity locked for three years, BTFD isn’t messing around. This isn’t just a meme coin; it’s a full-on ecosystem, primed for 2025’s bull run. If you’ve been hunting for the best meme coins to buy for 2025, don’t miss this dip. BTFD is your golden ticket. Brett (BRETT): The Rising Star on Base Chain Let’s talk about Brett (BRETT), a meme coin that’s captured hearts and wallets alike. Inspired by its Base Chain integration, Brett has proven that it’s more than just a flash in the pan. Trading at $0.1749 with a market cap of $1.8 billion, Brett’s price has doubled since November 2024, showing strong momentum in the competitive meme coin space. What’s driving this growth? A combination of strategic exchange listings and solid community support. Major exchanges have opened their doors to Brett, bringing more liquidity and visibility to the project. There’s also mounting speculation that Brett might score listings on Binance and Coinbase, which would catapult its popularity even further. Despite the high volatility (par for the course with meme coins), Brett’s trajectory is hard to ignore. Its recent performance and integration with Base Chain make it a strong contender among the best meme coins to buy for 2025. Whether it’s the next Pepe or something even bigger remains to be seen, but Brett has certainly earned its spot on this list. COQ Inu (COQ): Avalanche’s Meme Coin King Over on the Avalanche blockchain, COQ Inu (COQ) is quietly stealing the show. Priced at $0.000002373 with a market cap of $162 million, COQ Inu has firmly established itself as Avalanche’s top meme coin. Boasting a 24-hour trading volume of $20.44 million, it’s clear that COQ Inu isn’t just a niche project—it’s a growing phenomenon. COQ Inu’s secret sauce lies in its transparency and tokenomics. The team has burned liquidity and renounced contracts, ensuring the community’s trust in the project. Combine that with Avalanche’s low fees and lightning-fast transactions, and COQ Inu offers a compelling alternative to Ethereum-based meme coins. Market sentiment has been a major driver here. COQ Inu’s recent recognition among high-ROI meme coins has attracted investors seeking the next big win. With its unique position in the Avalanche ecosystem and its commitment to decentralisation, COQ Inu is certainly one of the best meme coins to buy for 2025 if you’re looking to diversify beyond Ethereum. Final Thoughts: Don’t Miss Out on BTFD Coin’s Presale With 2025 just around the corner, the race to snag the best meme coins to buy for 2025 is heating up. BTFD Coin (BTFD) stands out as the clear front-runner, with its explosive presale success, P2E game, and community-driven vision. Raising over $4.1 million and counting, BTFD is shaping up to be the ultimate early-mover opportunity for investors ready to ride the bull run. At the same time, Brett (BRETT) is surging ahead on Base Chain, and COQ Inu (COQ) continues to dominate Avalanche with its transparent, low-fee model. Each of these projects offers something unique, but if you’re after a game-changing investment, BTFD Coin deserves your attention. Don’t let this opportunity pass you by. Join the BTFD presale now, stack your bags, and prepare to ride the bull into 2025. Timing is everything—and this is your moment to buy the f***ing dip. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
Jack Mallers predicts Bitcoin could reach $1 million with a significant rise. Current financial policies and conditions may catalyze this surge. Continue Reading: Jack Mallers Predicts Bitcoin’s Price Surge Above $1 Million The post Jack Mallers Predicts Bitcoin’s Price Surge Above $1 Million appeared first on COINTURK NEWS .