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c37513757

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c37513757
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Nine platforms have secured licenses from the Securities and Futures Commission (SFC) so far. HashKey obtained its license in November 2022 and was one of only two licensed exchanges in Hong Kong until late 2024.
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c37513757
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Nine platforms have secured licenses from the Securities and Futures Commission (SFC) so far. HashKey obtained its license in November 2022 and was one of only two licensed exchanges in Hong Kong until late 2024.
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bella76brown
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However, it remains to be seen whether or not the incoming Attorney General of the United States, Pam Bondi, takes enforcement action against Trump or the memecoin, Lesperance added.
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bonnieabel9
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Traders were initially skeptical of the token, as many unofficial copycats currently exist — including one from Martin Shkreli, with the ticker symbol DJT.
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hedy2637
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However, the memecoin was later confirmed as authentic by the Trump family — driving the price of the token higher.
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hedy2637
@hedy2637
Since launching on Jan. 17, the Trump token surged by over 12,500% and hit a high of approximately $35 on Jan. 18 before falling down by roughly 35%.
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hedy2637
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At the time of this writing, TRUMP is trading at around $27, down by 19% from the all-time high, and has captured narrative attention on social media and in the crypto community.
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jonesruby5339
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Today in crypto, insider trading allegations have emerged around US President-elect Donald Trump’s Solana-based memecoin, the US Securities and Exchange Commission has filed a lawsuit against Nova Labs, and Ethereum co-founder Vitalik Buterin announced leadership changes to the Ethereum Foundation.
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jonesruby5339
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Suspicious trading activity has emerged around US President-elect Donald Trump’s Solana-based Official Trump (TRUMP) memecoin as its market cap soared to $42 billion, drawing a frenzy of retail investors.
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On Jan. 18, Bubblemaps, an onchain analytics firm, investigated a crypto wallet funded with $1 million four hours before the TRUMP token’s launch.
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c37513757
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Onchain data reveals that the wallet purchased $5.9 million worth of TRUMP tokens in the first minute of its launch and later sold $20 million while retaining $96 million in tokens. TRUMP tokens were then routed through a wallet and distributed to 10 other wallets, now actively selling on Solana decentralized exchanges (DEXs).
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This pattern of trade has raised concerns about potential market manipulation as the TRUMP memecoin continues to dominate headlines.
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c37513757
@c37513757
This pattern of trade has raised concerns about potential market manipulation as the TRUMP memecoin continues to dominate headlines.
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c37513757 pfp
c37513757
@c37513757
Onchain data reveals that the wallet purchased $5.9 million worth of TRUMP tokens in the first minute of its launch and later sold $20 million while retaining $96 million in tokens. TRUMP tokens were then routed through a wallet and distributed to 10 other wallets, now actively selling on Solana decentralized exchanges (DEXs).
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c37513757
@c37513757
On Jan. 18, Bubblemaps, an onchain analytics firm, investigated a crypto wallet funded with $1 million four hours before the TRUMP token’s launch.
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danawilson4768
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The shift reflects increasing onchain activity and the rise of alternative layer-1 networks such as Solana and Hyperliquid. Analysts expect the trend to continue, with USDC’s market capitalization potentially doubling this year.
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As of Jan. 2, approximately 65% of USDC supplies are on Ethereum, 10% are on Solana, and roughly 15% span Base and Arbitrum — both Ethereum layer 2s — as well as Hyperliquid, a layer 1 for low-latency trading.
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In 2023, USDC remained heavily concentrated on Ethereum, which held 85% of the stablecoin’s circulating supply, Smith said.
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This change is partly because “retail traders increasingly enter the crypto market through Solana [as] speculation intensifies around Solana-based memecoins and AI agent tokens,” Grayscale said in a December research note.
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In 2024, the total value locked on Solana surged from around $1.5 billion in January to nearly $8.5 billion by December, according to data from DefiLlama.
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