Category: AI

JamieDimon,theCEOofJPMorgansayshewouldn’tmindaroleinKamala’sgovernmentlikeofaTreasurySecretaryifshewinstheUSpresidentialelections. AsreportedbytheNewYorkTimes,theCEOhashiddenhisstanceforfearofpenaltyincasetheoppositionpartywins. DimonhasbeenpreviouslyconsideredforseniorrolesintheDepartmentofU.S.EconomicPolicy.However,duringtherecentpost-earningcall,theCEOofthelargestUSBankdownplayedtheideaoftakinguparoleingovernment.Hesaidthatthechanceswere“almostnil” cryptopolitan.com

JamieDimon,theCEOofJPMorgan,hasprivatelysupportedKamalaHarrisforpresidency,despitenotpubliclyendorsinganypresidentcandidate.Inconfidentialconversations,sourcesfamiliarwithDimon’sopinionssaidthathesupportsHarrisandhascontemplatedservinginheradministration,possiblyintheTreasury. Similarnews(1) Addsimilarnews JPMorganCEOJamieDimonsupportsKamalaHarris,wouldlikearoleinheradministration cryptopolitan.com 4h Addsimilarnews Sendusalinktoasimilarnewsstoryonanothersource. Link Whydoweneedit Thecitationrateofanewsitemindicatesitsimportanceandsignificance.Thenumberofmentionsindifferentsourcesallowsyoutolookataneventfromdifferentangles. Pleasehelpusimprovetheapplication.Ifwehavepublishednewsandyouhavefoundasimilaroneinanothersource,sendusalinktoit. Send

Solana’s(SOL)pricechartshowsthatthealtcoincouldbeonthevergeofa70%increase.InAugust,Solana’spricedroppedto$130. Today,ithasclimbedto$168,indicatingthatapotentialbreakoutmayalreadybeunderway.ThisanalysisexplainshowSOLcouldrallybeyondthecurrentlevelsbeforetheyearends. SolanaFormsBullishPatternontheWeeklyChart Accordingtotheweeklychart,SOLhasformedacup-and-handlepattern.ThisfigureappearswhenthepriceexperiencesaU-shapedrecovery,resemblinga“cup,”followedbyaconsolidationphasethatlookslikea“handle.” SinceMarch,SOL’spricehasbeenconsolidatingbetween$127and$201,indicatingthatthehandlereflectsindecisioninchoosingaspecificdirection.However,forthepatterntobevalidated,ithastobreakabovethemajorneckline. Ifthisbreakoutoccurs,thepricecouldrisebyanamountalmostequaltothemaximumdistancebetweenthecup’stroughandtheneckline.ForSOL,thetokenhasbrokenabovethenecklineat$167.Therefore,thealtcoin’svaluemightriseby70%andpossiblyhit$285. Readmore:7BestPlatformsToBuySolana(SOL)in2024 SolanaWeeklyPriceAnalysis.Source:TradingView Besidesthis,theBullBearPower(BBP)onthechartshowsthatbullsareincontrol,andthepredictionmightcometopass.TheBBPshowsifthestrengthofbuyersisstrongerthanthoseofbullsorifbearshavetheupperhand. Typically,anegativereadingmeansbearshavemoreimpactonthecrypto’sprice.Apositivereading,ontheotherhand,indicatesthatbullscanpushforapriceincrease,whichiswhatappearstobeinplay. SolanaBullBearPower.Source:TradingView AnotherfactorthatcouldpositivelyinfluenceSolana’spriceistheincreasinginstitutionaladoptionofthealtcoin.Recently,assetmanagementfirmVanEckincludedstakingforitsSolanaExchangeTradedNote(ETN)inEurope. ThismovesuggeststhatSolanamightbethenextinlineforsignificantinstitutionalinterest,followingthenotableadoptionofBitcoin(BTC)andEthereum(ETH). SOLPricePrediction:PotentialRallyto$176 Fromashort-termoutlook,Solana’spricehasbouncedabovethe$155support.Adropbelowthispointcouldhavetriggeredanotablecorrectionforthecryptocurrency,butsinceitdidnot,SOLcouldmovehigher. TheFibonacciretracementalsoappearstobesupportingthismove.BasedontheSolanapricechartbelow,ifbuyingpressureincreases,thealtcoincouldjumptothe78.6%Fibonacciretracementlevel.Inthatscenario,thetokencouldhit$176.07,foreshadowinganotherhiketoward$194.08. Readmore:Solana(SOL)PricePrediction2024/2025/2030 SolanaDailyPriceAnalysis.Source:TradingView However,ifthepricedropsbelowthe61.8%Fiblevel,theforecastmightnotcometopass.Instead,SOLcoulddeclineto$142.06. beincrypto.com

NakamotoGames,asignificantplayerintheGameFiindustry,isreleasingoneofitsmostanticipatedproducts:theNAKAWallet.With24hoursleftbeforetheofficiallaunch,NakamotoGamesisjustrampingupmoreexcitementastheNAKAWallethashtagcanbeseenonsocialmedia.ThewalletissettohitthemarketonOctober22nd,2024,at6:00PMThailandtime.Theplatformvowedtotransformthegaming&cryptocurrencyindustry. 🚨NakamotoGamesisthrilledtoannouncethatwe’veenteredthefinalcountdownforthe#NAKAWalletrelease!🚨 Just24hoursleftuntiloneofthebiggest$NAKAproductshitsthemarket,completingour#GameFiecosystemlikeneverbefore! Tomorrow,06:00PMThailandTime—it\'s…pic.twitter.com/31qyM5zXaH —Nakamoto.Games(@NakamotoGames)October21,2024 ThecompanysharedthenewsthroughitsofficialTwitterhandleandpresentedtheeventasanexcitingpointoftheGameFiecosystem,whichwillmorecloselyconnecttheworldofblockchaingameswitheffectiveassetmanagement. NAKAWallet:ThePayPalofCrypto? NakamotoGamescategorizestheNAKAWalletas‘ThePayPalofCrypto,’whichcapturesthewallet’sinterfaceandfunctionality.NAKAwalletismarketedasamulti-chainwalletsolutiondesignedtointerconnectWeb2.0andWeb3.0environmentstoensureeasyassetmanagement.AspartofthePlay2Earngamingecosystem,NakamotoGameshasintroducedseveraluniquebenefitsofNAKAWallet,whichmanyothercryptowalletsdonotpractice. KeyFeaturesoftheNAKAWallet Multi-ChainSupport TheNAKAWalletallowsuserstomanagemultipleassetsacrossBNB,ETH,POL,and$NAKA.Gamersandcryptocurrencyenthusiastscanpurchasevariousassetswithinthesameplatform;hence,thereisnoneedtoopenmanywalletstomanage. InstantPaymentRequestsandOn-ChainTransactions Paymentscanberequestedfromanycorneroftheworldconveniently,forexample,forplayinginanonlinecasino,buyingorsellinggoods,ortransferringmoneytoafriend.Thetransactionisprocessedwithinashorttimewithanunfoldingofon-chainfeaturesthatguaranteespeedaswellassecurity. InstantPayoutsandEarnings Thewalletmakesitpossibletoreceivemultiplepaymentsinafewclicks.Also,sincethewalletisanintegralpartofthePlay2Earnsystem,playerscanparticipatedirectlyfromthewalletandearnmoneywhileplayinggames. SeamlessOnboardingandVaultIntegration TheNAKAWalletisdesignedforthenewgenerationofgamersandexperiencedones.YoucansetupthewalletthroughTelegram,AppleID,oremail,makingituser-friendlytoentertheWeb3world.Further,thewalletisconnectedwithin-gameassetsandprovidesasafeplacetocollectrewards. Built-inEarningFeatures AsapartofNakamoto’sGamePlay2EarnEconomy,NAKAWalletwillallowuserstoreceiveandmanagerewardsdirectly. AGame-ChangingAdditiontotheWeb3Ecosystem ItisnotjustasimpleNAKAwalletbutasymbolofthesignificantprogressatNakamotoGamesasitwillcompletetheGameFisystem.Byofferingsimplersolutionsforgamersanddevelopers,NakamotoGamesplanstooccupyacrucialpositioninusingblockchaintechnologyingaming. TheannouncementoftheNAKAWalletsuggestsarevolutioninthepaymentsystemandtheflexibilityofmovementsbetweenWeb2.0andWeb3.0.Withonlyonedayleftbeforeitslaunch,NakamotoGamesisgearingupforwhatcouldbeitsbiggestlaunchyet,whichmayattractinterestfromboththegamingandcryptocurrencyspaces. blockchainreporter.net

CoinbasehasfiledtwoFreedomofInformationAct(FOIA)requestsagainstU.S.regulators,seekingtransparencyabouttheongoingcryptocurrencycrackdown,particularlyamongAmericanbanks.PaulGrewal,Coinbase’schieflegalofficer,revealedthefilings,whichdemanddetailsfromagenciesliketheFederalDepositInsuranceCorporation(FDIC). CoinbaseisseekingclarityonFDICcryptodepositlimitsandpastFOIAresponses Accordingtoreports,theFDIChasinstructedbankstolimitdepositsfromcryptocompaniesto15%oftheirtotaldeposits.Coinbaseclaimsthatthisrulewasadoptedwithoutpublicinvolvement,whichistypicallyrequiredbyUSlaw.InanXpost,Grewalstated: WefiledtwonewsetsofFOIArequestsaspartofourongoingefforttoobtainclarityonhowregulatoryagenciesaretreatingdigitalassets. ~PaulGrewal OneFOIArequestisfocusedonuncoveringdocumentsrelatedtodepositcapsimposedbytheFDICandotherregulators.Thesecondseeksinformationonhowregulatorshavehandledpreviouscrypto-relatedFOIArequests. GrewalalsomentionedthattheserequestsareseparatefromearlierFOIAfilingsthatarenowpartoffederallawsuits.CoinbasehaspreviouslytakenlegalactionagainsttheU.S.SecuritiesandExchangeCommission(SEC)andtheFDICforfailingtocomplywithsimilarinformationrequests. In2023,CoinbasesoughtdocumentsfromtheSECregardingitsclassificationofEther(ETH)butfacedchargesfromtheagencyoveritsETHstakingservice. Coinbaseisadvocatingforcrypto-friendlypoliciesintheupcomingelection CoinbasehasalsoaskedtheFDICforinformationabout“pauseletters”allegedlysenttobankstoslowdowntheexpansionofcrypto-relatedactivities.GrewalclarifiedthatthesefreshrequestsaredistinctfromFOIAfilesfiledmorethanayearago,whicharecurrentlythesubjectoffederalproceedings. Aspartofitsadvocacyforclearercryptoregulation,Coinbaselaunchedthe“StandwithCrypto”initiative,whichincludesapoliticalactioncommittee(PAC)supportingpro-cryptocandidates. TheNovemberU.S.presidentialelectionwillseeaface-offbetweenRepublicannomineeDonaldTrump,whoaimstomaketheU.S.the“cryptocapitaloftheworld,”andDemocratKamalaHarris,whosestanceoncryptoismorefavorablethanthatofcurrentPresidentJoeBidenbutlesspro-industrythanTrump’s. SeveralcryptoenthusiastsviewtheNovemberelectionasawatershedmomentfortheindustry,andthey’returningupwiththeirwallets.AccordingtoaPublicCitizenanalysis,cryptocurrencycompanieshavecontributednearlyhalfofallcorporatedonationsthiscycle. cryptopolitan.com

VanEck’sSolanaETNinEuropeoffersautomatedstakingrewardswithcoldstorageprotectionforSOLinvestors. ThestakingprogramprovidessecuritybykeepingstakedSOLincoldstorage,whileinvestorsbenefitfromdailystakingrewards. InarecentCNFupdate,VanEckhasenhanceditsSolanaETNinEuropebyincorporatinganautomatedstakingfeature,simplifyinghowinvestorsearnandreceivestakingrewards.AccordingtoMatthewSigel,theheadofDigitalAssetsResearchatVanEck,thismovealignswithSolana’sgrowingdecentralizationanditsstatusasacommodity. InvestorsareautomaticallyenrolledinthestakingprogramuponpurchasingtheETN,withrewardscalculateddailyafterdeductinga25%stakingfee.AsdetailedinthemarketingcommunicationintroducingSOLstaking,VanEckhighlightedthat: TheSolananetworkusesaDelegated-Proof-of-Stakeconsensusmechanism(DPoS)asopposedtoEthereum’sProof-of-Stake(PoS).Everyvalidatoronthenetworkhasanopportunitytoparticipateinconsensusbycastingvotesforwhichblockstheybelieveshouldbeaddedtotheblockchain,therebyconfirminganyvalidtransactionscontainedinthoseblocks. SigelnotedthattheETN’snon-custodialapproachleveragesthephysicalSOLheldbytheETNforstaking.ThecustodiandelegatestheSOLtoavalidatormanagedbyastakingprovider,ensuringthatcontroloverthestakedtokensremainswiththecustodianincoldstorage,thusminimizingthird-partyrisks.Thissetupprovidesaddedsecurityforinvestorswhilestillallowingthemtobenefitfromstakingactivities. LiquidityandRiskManagementforSolanaETN Addressingquestionsaboutliquidity,SigelexplainedVanEck’sdynamicriskmodel,whichensurestheycanmeetdailyredemptionsefficiently.Solana’sshorterstakingepochsmakeliquiditymanagementsimplercomparedtotheirEthereumETP. Thesystemalsoallowsforthedailyaccrualandreinvestmentofstakingrewards,whicharereflectedintheETN’sNetAssetValue(NAV)bytheendofeachday.Thistransparentprocessprovidesinvestorswithclearandstablereturns. InadditiontoitsEuropeanofferings,VanEckisexpandingitspresenceinthecryptomarket.ThefirmhasrecentlyappliedtolaunchthefirstSolanaETFintheU.S.,furtherunderscoringitscommitmenttointegratingdigitalassetsintoitsportfolio. ReiteratingthelatestupdateintheCNFpost,VanEckstatedthatSolanacouldreach50%ofEthereum’smarketcapbydominatingDeFiandpayments.AccordingtoCoinMarketCap,Solana(SOL)iscurrentlytradingat$164.32,withadecreaseof2.90%inthepastdayanda4.54%increaseoverthepastweek. crypto-news-flash.com

DatafromCoinGlassshowsthatBitcoin’s(BTC)futureopeninteresthasskyrocketedto$40.5billion.ThenextbigsurgeinopeninterestappearedwhenBitcoin’spricereachednearly$70k.Thisincreaseshowsahugesurgeininvestors’interestinBitcoinderivativemarkets. ThemarketleaderistheCME,with30.7%oftheBitcoinfuturesopeninterest.Themarketishighlyconcentrated,asprovenbyBinance,with20.4%,followedbyBybit,with15%.ThisdistributionshowsthemainroleofthemajorexchangesindrivingBitcoin’sderivativemarket. ThisrisingOpenInterestalsowarnsofcorrespondingsystemleverage,whichcouldbeexplosive.Cascadingliquidationsmayhappenwhenpricesshiftsharply,oftenresultinginforcedspotmarketsales.ThesescenarioscouldresultinbigpricedropslikeinAugust—aleantwodaysinwhichBitcoinlostcloseto20%. BitcoinPriceApproaches$69KAmidElection-DrivenSurge EarlytradingonOctober21sawBitcoinhit$69,380,beforeresistance,retracingtoaround$69,033.However,Bitcoinisjust6.4percentawayfromitsall-timehighof$73,738. ThecurrentpriceboomisrelatedtotheupcomingU.S.presidentialelectiononNovember5.WiththechancesofDonaldTrumpreturningtoofficeincreasing,marketsentimentisstartingtofavorBitcoin.Becauseofhisadministration’slenientcryptoregulation,hispotentialvictoryhelpssupportcryptomarkets. However,thepriceofBitcoinhasincreasedthankstothesepoliticalfactors,whilethebroadermarketstillawaitsadditionaldevelopments.Focusingoncorporateearningsandelectionrisks,traderswilllookawayfromnobigeconomiceventsthisweek.Thatvolatilityishappeningwithinthecryptocurrencymarket,andthereisongoinguncertaintysurroundingtheelection. EtherandSolanaRallyasBitcoinDominates WhileBitcoinhasbeenmakingheadlines,itisn’tthecasefornewaltcoinslikeEthereumandSolanawithdailygains.Etherclimbedby3.5percentto$2,750,whileSolanamorethandoubled,risingmorethan6percentto$170.Bothassetshavepulledbackslightlyfromtheirrecenthighs. Thecombineddynamicsofthebitcoinmarketandthoseofthealtcoinsaddalayerofcomplexitysincetheperformanceofaltcoinscanbeimpacted.Bitcoinmaybethestar,butinvestorsareincreasinglybullishonaltcoinstoboostreturns.Asthemarketgrows,sodoesinterestinalternativedigitalassets. ButwithBitcoinfuturesopeninterestontherise,altcoinsalsohaveriskstoworryabout.IfthepriceofBitcoinswingswildly,altcoinsmaytoo.Forthisreason,marketparticipantsmustkeepcheckingBitcoinandaltcoinsforthepossibilityofpricemovementsinthecomingweeks. U.S.ElectionFuelsBitcoinSurgeAmidUncertainty TheU.S.presidentialelectionisdrivingBitcoin’srecentsurge.BeforeNovember5,marketparticipantsreckonedwithhowtheelectionoutcomesmightaffectcryptocurrencymarkets.DonaldTrump’spoliciesarebecomingmorecrypto-friendly,openinguptoBitcoin,whichhasboostedhispollingnumbersandbroughtupBitcoin. UnderTrump’sadministration,higherU.S.interestratescouldboostBitcoinbyweakeningothercurrencies,accordingtomarketanalysts.‘Thefactthatthedollarhasbeenstrongisafactorinrecentmarketmoves,promptingtraderstofindawaytohedgeagainstcurrencyrisk.’Tradersarenowconsideringwhethertogearupforelection-relatedtrades,aswith15daystothevotingday,theycanmakethosedecisions. Tradersalsolookatcorporateearningsreports,whichmayinfluencemarketsentimentbeyondpoliticalfactors.Combinedwithelectionuncertainty,themarket’ssimplevolatilitybecomesevenmorecomplex. thecoinrepublic.com

Solana-basedmemetoken“CatinaDogsWorld”(MEW)sawitsvalueskyrocketfollowinglistingonSouthKoreanexchangeUpbit. Thetoken’svaluesurgedover10%,reachinganall-timehighof$0.010.ThisrallyoccurredaftertheintroductionoftheKoreanWon(KRW)tradingpairontheplatform. Earlier,MEWwastradableonUpbitagainstBTCandUSDTandthetokenhadanearlierrallybutfailedtobreakthroughitsprevioushighof$0.0097.Nonetheless,thenewKRWtradingpairenabledMEWtobreakthroughthesebarriersandreachanewhigh. IncreasedVolumeSignalsGrowingMarketInterest Alongwithitspricesurge,MEWsawasharpincreaseintradingvolume.Itsurpassed$200million,signalingstronginterestfromthemarket.AccordingtodatafromSantiment,thetoken’svolumesoaredduringtherally.Itisgenerallyseenasapositivesignforcontinuedupwardmomentum. Highervolumeusuallyreflectsthefactthatmorebuyersandsellersareparticipatingintradingtheasset.Thisisinlinewiththeexistingtendency.However,theanalystarestillconcerned. Whenbothvolumeandpricerise,thisisregardedasapositivesignalofabullishmarket.However,whenpricerisesandvolumedeclines,thismayindicatethattheupwardmovementislosingsteam. $MEWiswinninghttps://t.co/qH3kYpc3BTpic.twitter.com/azC7AsjVbP —Myth(@estimyth)October21,2024 ThroughthisnewKRWtradingpair,MEWhasgainedimmenseattention.ItformsthelistofmemecoinssuchasDOGEandSHIBthatarealsopairedwithKRWonUpbit. TechnicalIndicatorsSuggestPotentialPullback AsMEW’spricehasgoneup,thetechnicalanalysissuggeststhatthetokenmaysufferatemporaryretracement.TheBollingerBandsofMEW’sdailycharthasbeenwidening,whichmeansthatthereisincreasedvolatility.OwingtothefactthatMEWiscurrentlytradingclosetotheupperBollingerBand,thetokenmaybeoverboughtandthereforepronetosomecorrection. MEWPriceAction|Source:TradingView TheRelativeStrengthIndex(RSI)amomentumindicatorisalsointheoverboughtareasuggestingthattheremightbeaslightpullback.Accordingtothemarkettrends,MEWmaylikelyfinditssupportat$0.0089whichisclosetothe23.6%Fibonacciretracementlevel. IfMEWstaysabovethemiddlelineoftheBollingerBands,theupwardmovementmaycontinueandMEWcanclimbupto$0.012.Suchscenariosdependheavilyonsustainedvolumeandmomentuminthecomingdays. MEWGainsAttentionasThirdMemeCoinPairedwithKRW ThelistingofMEWasaKRWtradingpaironUpbitisnoteworthyasitpositionsthetokenamongotherwell-knownmemecoinsinthemarket.Itbecomesonlythethirdmemecoin,followingDOGEandSHIB,tobepairedwithKRW,signalingbroaderadoptionandinterestwithintheSouthKoreanmarket. ThisdevelopmentcouldprovideMEWwithincreasedvisibilityandtradingactivity,particularlyfromUpbit’slargeuserbaseinSouthKorea.Thelistingisexpectedtoattractbothretailandinstitutionalinvestors,addingtothecoin’sgrowingpopularityinthememecoinsector. thecoinrepublic.com

Leadingcryptotransactionplatform,Transak,hasconfirmedarecentsecurityattackthataffected1.14%ofitsuserbasei.e.,92,554users,howevernofinancialdatahasbeencompromised,reassuredthefirm.Thesecuritybreach,discoveredfollowingasophisticatedphishingattack,involvedunauthorizedaccesstoathird-partyKYCvendor’ssystemthroughcompromisedcredentialsfromaTransakemployee’slaptop. Theattackergainedaccesstospecificuserinformation,includingnames,datesofbirth,IDdocuments,andselfies.However,thecryptoplatformhasassuredusersthatnofinanciallysensitiveinformation—suchaspasswords,creditcarddetails,SocialSecurityNumbers,orphonenumbers—wascompromised.Theattackershavegainedaround300GBofdatainvolvingdatafromonemillionusersacrossTransak’sclientsincludingMetamask,Trustwallet,ZilSwapandothers. Inanofficialstatement,Transaksaid,“Transakoperatesasafullynon-custodialplatform,meaningthatuserfunds—whetherfiatorcryptocurrency—areneverheldbyusandthereforeremaincompletelysecureandunaffectedbyanysuchattack.” TheproblemsandissuesassociatedwiththirdpartiesintheWeb3spacearenoteliminateduntilwefindanonprofitsolution.Welldone,@Transak [email protected]/90dBJOOLS6 —Felix500(@FreedomToType)October21,2024 Transakinformedthatuponidentifyingthebreach,theteamimmediatelyinitiatedaninvestigationwithtopcybersecurityfirmsandforensicexperts,haltinganyfurtherunauthorizedaccess.Thecompanyisalsocontactingaffectedusersandpartners,whileworkingtoimproveemployeetrainingandsystemprotectionstopreventfutureattacks.AuthoritiesincludingtheUK’sInformationCommissioner’sOffice(ICO)havebeennotified,andthecompanyiscooperatingwithregulatorsacrosstheEUandUS. Thehackershavealsoputoutamessagesayingthat: Courtesy:X Evenso,thereisnoindicationthatthedatahasbeenmisused,Transakhasadvisedaffecteduserstoremainvigilantandmonitorforsuspiciousactivity. cryptonewsz.com

Solana-basedmemecoinlaunchplatformPump.funteasedanewtokenandpotentialairdropfollowingitsmostsuccessfulweektodate. TheannouncementwasmadeduringaTwitterSpaceseventintroducingPumpAdvanced,theplatform’slatesttradingterminaldesignedtocompetewithestablishedtoolslikePhotonandBullX. ThenewPumpAdvancedterminal,optimizedfortheplatform’susers,integratesminicharts,topholderstats,andsocialactivityfeaturesintoasingleview. Theterminalwilloffer0%feesforthefirstmonthtoattractnewtraderstoPump.fun.TheterminalalsosupportssecureloginsthroughemailusingthePrivynon-custodialwalletsolution. Duringtheevent,Pump.funco-founderSapijijualsohintedatplansforafuturetokenandpossiblyanairdrop,althoughnoofficialtimelinehasbeenconfirmed.Hesaidinresponsetoquestions: “Wearedefinitelyplanningonlaunchingatokenatsomepointinthefuture.I’mnotgoingtosaywhen,that’salltocome.Ourairdrop,noguaranteeshere,willprobablybealotmorelucrativethananyoneelseinthespace.” Whiletheexactdetailsremainunderwraps,itisexpectedthatthetokenwillbelaunchedonSolana,thesamenetworkasPump.fun’sexistingofferings. SinceitslaunchinJanuary,Pump.funhasgeneratedover$140millioninfeesthroughthecreationofmorethan2.5millionSolana-basedtokens. Theplatformhasgainedpopularityforenablinguserstoquicklycreatetokens,helpingfuelmemecointrendslikecelebrity-themedtokensandvirallivestreamstunts.Thisweek,Pump.funrecordedadailyhighof31,600newlycreatedtokensandsurpassed$1.1billionintradingvolumefollowingaresurgenceinactivity. Withitsgrowinguserbaseandnewtradingtools,Pump.funcontinuestosolidifyitsreputationasago-toplatformforcreatingandtradingmemecoinsdespiterisingcompetitiononothernetworks. cryptoslate.com