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Paws, Power And Profit: Why Catzilla Is The Meme Coin You’ve Been Waiting For

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Paws, Power And Profit: Why Catzilla Is The Meme Coin You’ve Been Waiting For

The world of meme coins is always evolving, driven by viral appeal and loyal communities. For years, dog-themed tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have ruled the crypto space, unfairly overshadowing other creative contenders. But 2025 signals a new shift, the rise of cat-themed tokens. Finally, it’s time for cats to take the spotlight!

Dogs have held the throne for far too long, but everything is changing now as CATZILLA steps up as a mighty warrior for feline justice. This giant orange mutant cat, with Godzilla-like spikes, roars into the spotlight, leading cat lovers to victory.

Unlike its dog-themed predecessors, Catzilla isn’t content with scraps. It’s here to claw its way to the top, fighting for the long-overlooked feline faction in crypto and creating a purrfect balance.

Why Catzilla is Destined for Success

  1. Everyone loves cats, and it’s no surprise that cat-themed tokens are steadily gaining ground in the crypto space. According to CoinGecko, feline-inspired memecoins boast a collective market cap of over $5.59 billion across major blockchains like Ethereum, Solana, and Base.
  2. Catzilla is a giant, fearsome warrior cat, but underneath its powerful exterior, it’s still adorably playful and purring. What makes Catzilla truly unique is how it blends the irresistible charm of cats with Japanese anime and kaiju culture, creating a fun and dynamic identity. This combination is unlike any other meme coin—a powerful monster cat straight out of a kaiju movie but with the soft heart of your favorite house cat. Perfect for anime fans, cat lovers, and crypto enthusiasts alike!
  3. Currently in presale, Catzilla offers 7 more stages for early adopters to buy at a discounted price.

The token is currently priced at $0.0009, and its final price at Stage 14 is set at $0.0016, representing a 77.7% rise!

Once listed, the price of $CATZILLA could surge even higher, just like it happened to Popcat (POPCAT), which skyrocketed 32,854.3% since its launch in 2023, achieving a market cap of $1.2 billion.

Community Engagement and Meow Points Rewards

Catzilla isn’t just a cute cat concept, it’s a community-driven project that rewards its members in multiple ways! One way it does this is through Airdrops, and to increase your share, you’ll need Meow Points. The more Meow Points you earn, the bigger your Airdrop reward! 🐾 Here’s how you can boost your share:

  • $10-$250 worth of $CATZILLA = 6% Meow Points
  • $250-$499 = 7%
  • $500-$999 = 8%

and it goes up to 12% for purchases over $10,000!

For example, if you spend $400 on $CATZILLA, you’ll receive 2,800 Meow Points!
More Meow Points = More Rewards. Don’t miss this chance to grow your share!

Referral Program: Grow Your Earnings

Beyond Airdrops and Meow Points, Catzilla runs an exciting Referral Program that encourages its community to spread the word and earn big. Here’s how it works:

Earn 8% USDT from your direct referrals.
Get an additional 2% from second-level referrals.
Gain 1% from third-level referrals.

This multi-level approach allows Catzilla fans to grow their earnings while inviting friends to join the movement.

Conclusion

Catzilla stands out in the crowded meme coin market with its unique blend of anime inspired visuals, solid presale strategy, and robust community engagement. Unlike fleeting hype projects, Catzilla is here to stay, building a lasting impact. Will you join the revolution and take the leap before it’s too late?

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Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Whales Keep Eye On These 6 Cryptos, Seize The Chance To Catch This Rocket

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Whales Keep Eye On These 6 Cryptos, Seize The Chance To Catch This Rocket

In the midst of a stirring bull run, large investors are quietly accumulating certain digital assets. These cryptos, often overlooked by smaller traders, are poised for substantial growth. With potential gains reaching sky-high levels, it’s the opportune moment to explore these promising opportunities. Discover which tokens are catching the attention of deep-pocketed investors and why they could offer remarkable returns.

Catzilla Wrecks Chaos: The Meme Coin for Warriors of Crypto

In a world where financial freedom feels out of reach, a new opportunity emerges—Catzilla! Born from the frenzy of meme culture and set for explosive growth, this is the meme coin investors have been waiting for!

14 Stages. Limitless Potential.

A legendary cat warrior with lives to spare, Catzilla offers you 14 chances to grab the power-packed $CATZILLA token before it goes public. Imagine leveling up your stash from Stage 1 to Stage 14, where your gains soar up to 700%! Catzilla evolves as the presale progresses, bringing you closer to financial victory with every step.

But beware, fellow warriors, the clock is ticking, and only the swift and the daring will secure their share of Catzilla’s unstoppable might.

Claim your share before Catzilla stomps the competition flat!

Cats Are Taking Over: Forget Dogs. It’s All About the Meow Money

The crypto world’s gone barking mad for years, but now it’s time for cats to claw their way to the top. MEW and Popcat are the latest feline sensations proving that dogs might fetch headlines, but cats bring home the gains.

  • MEW: Purring into the top 15 meme coins, this clever kitty pulled off a 103.7% climb in just three months
  • Popcat: This one didn’t just pounce, it soared, delivering a jaw-dropping 157.44% surge.

These aren’t just one-off flukes. Cats are on the prowl, staking their claim in the meme coin kingdom. And if you think MEW and Popcat are impressive, wait until Catzilla roars onto the scene. Forget chasing tails—this is where the real action is.

The Mission: Smash the Market. Rewrite the Rules

Catzilla is here to destroy the old systems that hold you back. It’s time to build a new world where you, the warriors of the crypto space, rise up and claim what’s yours. With every stage of this presale, the forces of profit grow stronger.

Time is running out, and the opportunity to join Catzilla’s army won’t last forever. The profits are set to explode, and only those brave enough to seize this moment will see their gains rise like a true anime hero’s power level.

Get in now, watch Catzilla wreck the market, and bring chaos to the competition!

Immutable (IMX) Poised for Growth Despite Recent Setbacks

Immutable’s price is currently between $0.67 and $0.92. It faces resistance at $1.04 and could climb to this level if it breaks past the current range. The price has dipped over the last month but shows potential for recovery. The 10-day moving average is $0.79, slightly under the 100-day average of $0.81, indicating a short-term downtrend. With an RSI of 48.75, IMX is neither overbought nor oversold, suggesting stability. If Immutable surges, it might challenge $1.29, which is a jump of over 35% from the higher end of its current range. Watch for price action around the support level of $0.54 to confirm any upward movement.

CHILLGUY Set for Potential Rebound Amid Current Price Slump

The cryptocurrency Just a chill guy (CHILLGUY) is witnessing a struggle, with its current price hopping between approximately $0.0246 and $0.0409. It’s experiencing a considerable dip with a drastic 75% drop over the past month. This coin is significantly below both the 10-day and 100-day moving averages. However, the Relative Strength Index at 45.71 suggests that it might avoid being oversold soon. If CHILLGUY regains momentum, the next resistance level is at $0.0489, potentially providing a rise of over 24% from its peak in the current range. With its high volatility, it might offer quick gains for the daring, though it’s on a notably slippery slope currently.

Sui (SUI) Poised for Potential Breakout Amid Crypto Frenzy

Sui’s price currently hovers between $2.30 and $3.80. The coin has recently experienced a slight uptick of 4.57% over the past week but suffered a 26.60% drop over the past month. Impressively, it shows a significant 6-month growth of 329.28%. With the RSI near a neutral 50.81, momentum could swing either way. The 10-day Simple Moving Average sits above the 100-day, suggesting some bullish momentum. Watching the nearest support at $1.60 and resistance at $4.60 is key. Should Sui break resistance, levels like $6.11 might be in sight, opening the doors for even more growth. With the ongoing positive sentiment around altcoins, Sui may see a strong rally.

Raydium (RAY) Price Eyes Potential Gains Amidst Market Trends

Raydium’s price is moving between $3.72 and $6.17. It shows a dynamic market pattern. In the last month, RAY’s price climbed over 10%. In six months, it jumped more than 200%. Such growth hints RAY might rise more if trends continue. The coin faces a resistance level near $7.62. If it surpasses this, reaching $10 is possible. That’s over a 60% increase from the upper range. Support is strong at $2.71. Technical indicators are mixed, but the general trend looks positive. If the altcoin season hits, Raydium could soar. Investors who see potential in RAY might want to watch its journey closely.

XDC Network Poised for Growth as Bullish Signals Emerge

XDC Network is showing promising signs with its price hovering between $0.0659 and $0.1082. Its recent 6-month surge of over 250% indicates strong potential for further growth. Although it faced a dip over the past month, the rise in the last week suggests recovery. The coin is currently below its 10-day and 100-day moving averages, pointing to a possible upward push. If XDC breaks the $0.1270 resistance, we could see it aiming for the next level at $0.1693. With an RSI of 47.25, there’s room for an upward movement. Stochastic levels support this sentiment, hinting that XDC could rally as the market catches a bullish wave.

Conclusion

IMX, CHILLGUY, SUI, and RAY may offer less short-term potential. Catzilla emerges as the ultimate meme coin hero, aiming for financial freedom for everyone. With a 700% ROI potential during presale, starting at $0.0002 to $0.0016 over 14 stages. Its triple utility includes governance, loyalty rewards, and staking options. Catzilla unites enthusiasts to dismantle toxic systems.

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Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Catzilla’s 12,000% Moonshot Is About To Take Off. Will It Repeat FARTCOIN’s Success?

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Catzilla’s 12,000% Moonshot Is About To Take Off. Will It Repeat FARTCOIN’s Success?

Crypto enthusiasts are buzzing about a new meme coin with explosive potential. With impressive gains on the horizon, many are scrambling to take part, hoping to avoid the regret of past missed opportunities. The current bull market is fueling excitement, and eyes are on this newcomer. Will it skyrocket as expected, or is it another fleeting trend?

Catzilla: Roaring Into the Meme Coin Arena With Unmatched Profit Potential

In the ever-evolving world of meme coins, new contenders constantly emerge, and Catzilla is positioning itself as an ambitious player. Drawing inspiration from successful tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE, Catzilla aims to blend viral meme culture with significant financial growth. What sets Catzilla apart is its unique storytelling—a giant, Godzilla-like cat wreaking havoc, which taps into the chaotic energy of Japanese kaiju culture. This game-based narrative not only engages gamers but attracts crypto investors looking for the next big thing.

With a fiery combination of anime-inspired chaos and a rebellious mission, Catzilla is rallying crypto enthusiasts and cat lovers, and anime fans to join its movement for a more equitable, decentralized crypto space.

Catzilla is Ready to Disrupt the Market!

Unlike many meme coins that burn bright and fade away, Catzilla is here for the long haul, offering investors real potential with a massive 700% ROI. Catzilla’s presale offers a 14-stage process, giving investors multiple opportunities to buy in early. With each stage, the token price gradually rises.

Unlock Triple Value for Maximum Gains

Catzilla operates on a threefold value proposition: epic gameplay, a unifying mission, and a vibrant community. Players can enjoy a thrilling game experience while earning rewards, all while being part of a growing movement that merges the fun of meme culture with the potential for financial freedom.

Join the Catzilla Revolution

Catzilla positions itself as a symbol of resistance against the greed and manipulation often seen in the crypto world. By embracing its bold and monstrous persona, Catzilla seeks to restore the playful, decentralized nature of meme coins while ensuring a fair and transparent ecosystem for its users.

Join the Feline Frenzy! $CATZILLA Is on the Rise. Claim Your Share Today!

Fartcoin: A Humorous Twist on Cryptocurrency

Fartcoin is a digital currency that connects humor with finance. Users contribute by submitting fart jokes or memes, earning initial tokens in return. Each transaction has a unique feature: the “Gas Fee,” which generates a digital fart sound. Fartcoin can be bought and traded on various centralized crypto exchanges. Bitget is a leading exchange, with the FARTCOIN/USDT pair showing significant activity. Other exchanges like KuCoin and Ourbit also support Fartcoin trading. With its playful concept and active market presence, Fartcoin presents an interesting and light-hearted entry into the crypto world, appealing to those who enjoy integrating humor with their investing experience.

Conclusion

With the bull run already underway, coins like FARTCOIN offer less short-term potential. Catzilla stands out as the ultimate meme coin hero aiming to bring financial freedom to everyone. Offering a 700% ROI during its presale and triple utility features, Catzilla invites participation in the fight against crypto villains by acquiring $CATZILLA tokens.

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Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Biggest XRP Hater Predicts 883% Price Surge to $24, XRP Army Reacts

Abdulkarim Abdulwahab
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Biggest XRP Hater Predicts 883% Price Surge to $24, XRP Army Reacts

The XRP Army is having a field day trolling long-term critics who have turned around to project optimistic outlooks for the coin.

One of the most recent cases sparking attention is that of Davinci Jeremie, who some have described as “the biggest XRP hater.”

Jeremie recently expressed a bullish sentiment about the third-largest cryptocurrency in a post on X. Known for his Bitcoin maximalism, Jeremie predicts XRP could surge to as high as $20-$24 during this bull run.

For years, Jeremie called XRP a “shitcoin,” even suggesting that it could fall to zero. However, the recent bullish XRP performance has forced many of XRP’s harshest critics, including Jeremie, to reassess their stance.

Other notable XRP critics who have recently become bullish include Real Vision CEO Raoul Pal and renowned trader Peter Brandt. In his statement, Brandt predicted that XRP could reach $500 billion in market capitalization, which would result in an $8 price.

Currently trading at around $2.44, a move to Jeremie’s $24 target would represent an 883% increase. This promising projection has triggered excitement and criticism within the community.

XRP Army Reacts: Critics “Don’t Want to Look Like Fools”

With Jeremie’s sudden change of heart, XRP enthusiasts recalled when he repeatedly dismissed XRP as a failed project. 

Tony Edward, founder of the Thinking Crypto podcast, reacted to Jeremie’s newfound optimism with a bit of sarcasm. Edward called it the “XRP hater capitulation,” saying it “is beautiful to behold.”

He highlighted the growing number of critics now reluctantly changing their tune. From influencers like Jeremie to billionaire financial leaders like Mike Novogratz, many who once dismissed XRP are now “scrambling to buy and cover their tracks so they don’t look like fools,” he said.

Jeremie Remains Skeptical About XRP

It’s worth noting that despite his bullish price prediction for XRP, Davinci Jeremie remains skeptical about its long-term investment potential. He clarified that while XRP may offer short-term trading opportunities, he does not recommend it as a long-term hold.

Jeremie’s perspective comes from his belief that XRP is too closely tied to the banking system, which he views as a red flag. 

He argues that, like traditional financial institutions such as the Federal Reserve, XRP operates within an unpredictable system, making it a risky investment for those seeking long-term gains, according to him.

Expectedly, this disclaimer Jeremie issued about XRP sparked further rage in the community, with some dismissing it as another FUD.

XRP Arny relies
XRP Army reactions

State of Wisconsin Pension Fund Doubles Bitcoin Exposure with $321M Disclosure

Elendu Benedict
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State of Wisconsin Pension Fund Doubles Bitcoin Exposure with $321M Disclosure

The State of Wisconsin’s pension arm has disclosed that it has more than doubled its exposure to Bitcoin, now holding $321 million in ETFs.

According to a Friday 13F filing with the US Securities and Exchange Commission, the State of Wisconsin Investment Board (SWIB) has increased its Bitcoin exposure. The state-owned pension fund revealed it now holds $321 million worth of Bitcoin exchange-traded funds (ETFs).

Wisconsin’s Pension Doubles Down on Bitcoin

At the end of Q4 2024, the pension fund disclosed holding $104 million in Bitcoin ETFs, specifically, 2,889,251 BlackRock iShares Bitcoin Trust (IBIT) shares. Notably, this was a massive step down from the Wisconsin pension’s initial exposure to the Bitcoin products.

For context, the SWIB held $164 million worth of Bitcoin ETFs in Q1 2024, becoming one of the early pioneers of the funds. The pension fund disclosed 2.4 million shares ($100 million) of IBIT and 1 million shares ($64 million) of the Grayscale Bitcoin Trust (GBTC) in its balance sheet.

However, the Feb. 14 filing shows that the state-owned pension fund has doubled down on its Bitcoin exposure. The SWIB bought 3,171,100 more shares of the IBIT between October and December 2024, taking its stash to 6,060,351.

Growing Exposure to Bitcoin

Meanwhile, the Wisconsin pension fund’s extended exposure mirrors a growing rate of Bitcoin acquisition among institutions. Notably, the January 2024 launch of the Bitcoin ETFs provides an easier route for corporate and private firms to invest indirectly in the pioneering cryptocurrency.

Recent 13F filings among notable firms have shown the sources of the incessant inflows into Bitcoin ETFs recorded in the fourth quarter of last year. Notably, Trump’s flirtation with the industry also contributed to this growing interest.

Goldman Sachs revealed earlier in the week that it increased its Bitcoin ETF exposure during the same period and now holds $1.27 billion worth of the products. Top British bank Barclays also disclosed exposure to the funds, buying $131 million of IBIT.

Other firms, such as the Avenir Group, also bought $599 million worth of Bitcoin through the IBIT, while the National Bank of Canada holds $2 million in ETFs.

NYSE Files With the SEC to Introduce Staking to the Grayscale Ethereum ETFs

Elendu Benedict
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NYSE Files With the SEC to Introduce Staking to the Grayscale Ethereum ETFs

The New York Stock Exchange (NYSE) has requested that the US SEC allow staking services on the Grayscale Ethereum ETFs.

In a Friday filing, the market operator submitted a 19b-4 application to the US Securities and Exchange Commission (SEC) requesting a rule change. The NYSE seeks to amend the provisions of the pre-approved Grayscale Ethereum ETFs to include staking services.

Staking services involve locking up an underlying asset—in this case, Ethereum—to become a validator and contribute to the stability and security of a network. In return, the staked tokens yield passive rewards to participants.

Grayscale ETFs Eyes Staking Services

If approved, the rule change would provide additional rewards for holders of the Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust. Notably, the average staking reward for Ethereum ranges between 3% and 4% APY.

The filing insists that the proposal does not contravene any existing securities law. The exchange noted that the intended staking model differs from delegated staking or staking as a service, which the US SEC currently classifies as a security.

Notably, the securities regulator, under Gary Gensler, suggested that staking activities on the Ethereum network constitutes unregistered securities. Although the agency approved applications for an Ethereum spot ETF last year, it mandated issuers not to stake their Ether stash, citing federal securities law.

Bloomberg ETF analyst James Seyffart suggested that the US SEC will decide on the proposed rule change by the fourth quarter of the year.

Issuers Leveraging the Changing Tides

Meanwhile, the NYSE Arca becomes the latest to file to include staking options for its Ethereum spot ETF clients. Recall that the Chicago Board Options Exchange (CBOE) BZX Exchange recently applied to the SEC for the same course on behalf of Ark Investment’s 21 Shares Core Ethereum ETF.

Moreover, the crypto task force is already weighing the possibilities of its approval. The Crypto Mum Hester Pierce-led division recently met with Jito Labs and Multicoin Capital to discuss several regulatory rule changes, including how best to include staking in ETFs.

The inquiry follows other actions from the U.S. SEC to ensure a friendlier environment for cryptocurrencies. For context, the agency recently scrapped the SAB 121 rule and paused its legal battle with Binance for 60 days.

Bitrue Hints at Big Things Ahead for XRP: “A Lot Going On”

Abdulkarim Abdulwahab
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Bitrue Hints at Big Things Ahead for XRP: “A Lot Going On”

Prominent crypto exchange Bitrue recently took to X to inform the crypto community that significant developments are happening within the XRP ecosystem.

“If you pay attention, there’s a lot going on for XRP,” it tweeted. The post quickly gained substantial engagement. It sparked discussions about the developments shaping the XRP landscape, which are even influencing the token’s price.

Many users in the comments section are seeking clarification about the ongoing developments for XRP. One commenter even noted that if just half of the anticipated outcomes for XRP come to fruition, those who got in early will look like geniuses.

6 Things Happening in the XRP Scene

Indeed, several developments have been unfolding in the XRP ecosystem recently. The most recent one making the rounds is the SEC’s back-to-back acknowledgment of filings for XRP ETFs.

XRP ETF Updates

On Thursday, the U.S. SEC disclosed its acknowledgment of the XRP ETF filing by prominent asset manager Grayscale. This development contributed to a 12% surge in XRP’s price, making it the best gainer among the top ten.

Meanwhile, the next day, the SEC again communicated its recognition of the XRP ETF filing from 21Shares. This sparked further excitement in the XRP community. Specifically, it pushed XRP’s weekly gains to 17%, bringing the token closer to reclaiming the $3 price point.

Ripple Lawsuit Ending?

The optimism around the SEC’s recognition of XRP ETF applications has led many to believe the SEC could soon settle the Ripple lawsuit. This is because they see a shifting perspective from the regulator toward XRP and other altcoins.

Previously, the SEC outrightly dismissed altcoin ETF applications, such as Solana’s, during the administration led by Gary Gensler. However, under acting chairman Mark Uyeda, the agency is considering altcoin ETFs, including XRP.

Accordingly, pundits believe the SEC could soon withdraw the Ripple lawsuit under this new leadership.

Ripple Web Revamp

Furthermore, this week, Ripple rebranded its website, reflecting a shift in focus toward the “Internet of Value” and global financial innovation. The redesigned site highlights products like cross-border payments, digital asset custody, and stablecoins, including Ripple USD (RLUSD).

Notably, Ripple has removed mentions of Central Bank Digital Currencies (CBDCs). This could signal a move away from CBDC initiatives, possibly in response to U.S. government regulations.

The site also showcases Ripple’s $600 million investment in Web3 and over 70 direct investments.

Partnership News from Ripple and SBI

Earlier this week, Ripple unveiled a new partnership with Portugal’s largest currency exchange, a move many see as a significant step toward broader XRP adoption.

In another noteworthy development, Japan’s SBI Remit expanded its international money transfer service in collaboration with SBI Shinsei Bank.

Of particular interest is that SBI Remit uses XRP for cross-border payments in specific corridors, highlighting the growing role of XRP in global remittance services.

Major XRP Acquisition from Japan

Japanese energy company Remixpoint has purchased $3.9 million worth of XRP and Dogecoin as part of its growing crypto reserves.

The company had planned to acquire up to 10 billion yen in crypto assets. As of now, it has accumulated 9 billion yen. Remixpoint’s holdings include 7.4 billion yen in Bitcoin, 600 million yen in Ethereum, and 400 million yen each in Solana, XRP, and Dogecoin.

This marks a significant increase in its crypto holdings, rising by over 13,000% since March 2024, when the company held only $446,500 in digital assets.

Argentina’s President Endorses LIBRA Memecoin, Then Backs Off as Token Tanks 95%

Elendu Benedict
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Argentina’s President Endorses LIBRA Memecoin, Then Backs Off as Token Tanks 95%

Argentine President Javier Milei was involved in a pump-and-dump meme coin scheme early Saturday, initially promoting a token that is now down over 95%.

High-caliber meme coin launches have become the norm in the crypto space. Since Donald Trump debuted his famous Solana-based token, more presidents have taken this approach, which has often ended badly for investors.

Argentine President Javier Milei is the latest president to endorse a meme coin. In a now-deleted tweet, he promoted a Solana-based token with the ticker LIBRA. 

However, unlike most others—as seen with Trump and Central African Republic’s president Faustin-Archange Touadera—Milei cut back his support for the meme coin. The pro-crypto president claimed in a follow-up tweet that his new disposition came after he became aware of the project’s details.

LIBRA Crashes Nearly 100%

Following his repudiation of LIBRA, the once-flourishing meme coin crashed to almost nothing. For context, the token surged to a peak price of $4.56 but has since crashed over 95% to around $0.19.

As usual, the hype around the token attracted huge buy-ins, with its market cap surging to $4.5 billion at a time. However, Milei’s tweet ending support for the token did not just crash its valuation to under $200 million but also inflicted severe losses on investors chasing elusive gains.

Coordinated Scam Act?

Meanwhile, the meme coin drew the attention of market participants and on-chain analytical firms alike. Blockchain data platform Bubblegum was one of the first to identify a concerning detail of the LIBRA token.

In a tweet, the platform highlighted an unbalanced asset distribution, noting that about 82% of the asset’s supply is on one cluster. Furthermore, Bubblegum stated that the project did not share its tokenomics as seen in Trump and First Lady Melania’s meme coins.

Moreover, when the token started pumping, Bubblegum disclosed that the LIBRA team was dumping the asset’s liquidity pool. For perspective, a liquidity pool is a collection of assets locked on a smart contract to ensure seamless trading in a decentralized network (DEX).

The token’s developers added one-sided liquidity on DEX Meteora, replacing Solana and USDC on the liquidity pool with LIBRA. Bubblegum revealed that they made over $87 million using this trick.

Traces of Insider Trading Found

Other developments surrounding the token suggested that the LIBRA launch was a well-coordinated effort to defraud investors. Blockchain sleuth EmberCN also disclosed traces of insider trading among individuals involved with the meme coin.

In a tweet, EmberCN noted that three wallets had a sniper entry on the LIBRA token, buying the meme coin in the exact second that President Milei promoted it. Notably, those addresses withdrew funds from centralized exchanges during the hours leading up to the tweet in preparation for the event.

Meanwhile, the three wallet addresses “Gr3eiF,” “2NHGzd,” and “HyzGo2” bought 3.34 million LIBRA ($1 million USDC), 5.1 million LIBRA ($1.1 million USDC), and 1.97 million LIBRA ($500,000), respectively. The analysis shows that the wallets made at least $20.18 million from the trade.

Community Reacts Trail LIBRA Dump

Reactions trailed Milei’s involvement in the LIBRA token saga, as observers expressed skepticism about the latest meme coin trend among national leaders. Into The Cryptoverse CEO Benjamin Cowen called the meme coin launch “insane” but admitted that the US president trod a similar path.

Sonic Lab co-founder Andre Cronje regrets the changing narrative in the crypto space. He argued that the industry was slowly turning from a utility-minded sector to presidents and countries dumping tokens “in full crime mode.”

SEC Acknowledges 21Shares XRP ETF Filing, XRP Price Jumps 17% as Approval Window Opens

Abdulkarim Abdulwahab
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SEC Acknowledges 21Shares XRP ETF Filing, XRP Price Jumps 17% as Approval Window Opens

The U.S. SEC has recognized another XRP ETF filing, bringing the product one step closer to approval.

On Friday, the regulatory agency acknowledged the XRP ETF application from asset manager 21Shares. This comes just a day after it recognized Grayscale’s XRP ETF application.

This development has sparked significant excitement within the XRP community, as many see it as a sign that approval is imminent. With the latest acknowledgment, the SEC still has three other Form 19b-4 XRP ETF applications to consider.

Notably, Cboe BZX Exchange filed 19b-4 forms for the XRP ETFs of Bitwise, Canary, 21Shares, and WisdomTree seven days ago. Since the SEC has now acknowledged one of these filings, the crypto community may see similar recognition for the other three next week.

What’s Next for XRP ETFs?

Notably, the SEC’s acknowledgment of the XRP ETFs from Grayscale and 21Shares does not equate to automatic approval, nor does it guarantee that the SEC will approve them in the future.

Nevertheless, this development is significant because it signals the SEC’s willingness to consider these products rather than outright rejecting them. Recall that in December, exchanges withdrew their Solana 19b-4 applications after the Gary Gensler-led SEC indicated it would not engage with them.

Under the Mark Uyeda-led SEC, this new acknowledgment essentially gives the XRP ETFs a shot at approval. This opens the path for them to compete with existing Bitcoin and Ethereum products.

Following the SEC’s acknowledgment, a 240-day window—roughly eight months—now begins. Specifically, the 240-day timeline for a decision on the Grayscale and 21Shares XRP ETFs will start once the filings are posted to the Federal Register, which is expected to happen in the next few days, according to FOX Business correspondent Eleanor Terrett.

Essentially, the XRP community could be looking out for a decision on XRP ETFs in the last quarter of the year.

XRP Price Reacts

The market price of XRP has reflected the community’s optimism surrounding the SEC’s back-to-back recognition of XRP ETFs.

Specifically, XRP is trading at $2.76 today, reflecting an 8% gain in the last 24 hours. This intraday gain has boosted XRP’s weekly performance, showing a massive 17% increase.

XRP price reaction
XRP price reaction

Ripple Announces Rebranding of Its Website, Here Are Key Changes

Lele Jima
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Ripple Announces Rebranding of Its Website, Here Are Key Changes

Renowned XRP community figure WrathofKahneman highlights key observations of Ripple’s rebranded website, suggesting potential shifts in the company’s public positioning. 

In an X post yesterday, Ripple revealed a redesign of its branding, ranging from its website to social media presence. Ripple signaled that it is entering a new phase, with the company being driven by new visions, particularly the Internet of Value (IoV) and global financial innovation.

The crypto payments company highlighted this mission on its X handle, emphasizing that it is now focused on building the Internet of Value. 

Ripple’s Major Products  

The listed products on the company’s website include cross-border payments, digital asset custody, and stablecoins. It bears mentioning that Ripple has been focused on enabling instant, low-cost value transfer across the world. 

Also, the company ventured into the digital asset custody business following its acquisition of Standard Custody. With Ripple’s custody solution, banks and fintech companies can help their customers store digital assets. 

Furthermore, the stablecoin product revolves around Ripple USD (RLUSD), which launched last year. According to Ripple, RLUSD enables instant global transactions and drives trading volume growth. 

Ripple Removes CBDC From Its Website 

Meanwhile, popular XRP community figure WrathofKahneman highlighted some major observations on Ripple’s rebranded website. 

The expert emphasized that Ripple did not mention Central Bank Digital Currencies (CBDC) on its website. Recall that Ripple was previously focused on CBDCs, collaborating with several countries like Palau and Georgia to develop pilot CBDC projects. 

The company also launched a CBDC platform to allow financial institutions and governments to roll out digital currencies. 

Following the removal of CBDC from Ripple’s website, WrathofKahneman questioned whether the company was stepping away from CBDC-related initiatives or keeping a low profile due to the United States’ stance on CBDCs. 

As previously reported, President Donald Trump signed an executive order for the digital asset market, banning efforts toward promoting and creating CBDCs. The removal of CBDC from Ripple’s website could be the company’s way of aligning itself with Trump’s executive order. 

Other Observations 

Another observation highlighted by WrathofKahneman is that Ripple did not list any new customers on the rebranded website. 

Furthermore, the company now showcases its investments in the Web3 space, emphasizing that it has invested over $600 million in the sector, with over 70 direct investments recorded. 

Lastly, the XRP community figure emphasized that developer documents are more visible on the rebranded website. 

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