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Showing posts with the label solana blockchain

TRUMP favored on Chinese crypto exchanges in early trading

China gave a curiously generous amount of support to US President Donald Trump’s largest crypto project, TRUMP. In the critical hours of its weekend debut, Chinese traders and Chinese-founded exchanges led trading activity in the memecoin. Around 9pm New York time on Saturday, January 18, Trump launched TRUMP on Solana’s blockchain via Moonshot, a fiat onramp and wallet provider. His website accepted both crypto and fiat denominations, including credit and debit cards. Debuting on non-custodial exchanges like Jupiter and Raydium, the token rallied from below $1 to over $75 overnight — imputing a $75 billion fully diluted valuation on its maximum supply of 1 billion tokens. Due to the prominence of what had quickly become the world’s second-largest memecoin — ranking by Sunday morning beneath only Dogecoin (DOGE) itself — centralized exchanges scrambled to list it. China led the charge. Chinese crypto exchanges lead TRUMP listings Although TRUM...

Best Meme Coins To Buy Today, November 25 – Samoyed Coin, Wojak, Solabrado

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The meme coin market currently boasts an impressive $54 billion market cap of over $60 billion and a trading volume of $8 billion. Notably, dog-themed tokens dominate this sector, holding a substantial share of the total market cap. These tokens are some of the best meme coins , accounting for almost 50 billion and contributing $4 billion to the overall trading volume. Although some consider these meme coins speculative assets susceptible to volatility, others regard them as tools for democratizing finance and fostering community engagement. This article highlights several meme coins with significant profit potential in today’s market. Best Meme Coins to Buy Today For investors who missed out on the early opportunities with Ethereum and Solana, Samoyed Coin, Wojak, and Solabrado offer compelling alternatives. These coins, priced below $1, present promising prospects for Ethereum- or Solana-like returns. In cryptocurrency investment, timing plays a crucial role.  Early inv...

Meme coin hunter nets $1.7 million in two days

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A meme cryptocurrency hunter has finally landed a windfall after placing a bet on various tokens that earned them millionaire status in two days. In this case, the investor, who has tried his luck with several tokens, saw his investment in Peanut the Squirrel (PNUT) yield a profit of $1.77 million, according to data from Lookonchain on November 3. Details of the trade indicate that the investor, who targets high-risk, high-reward tokens, secured significant profits trading the PNUT/SOL pair on Raydium, an automated market maker (AMM). Picks for you Expert warns Bitcoin 'will witness the biggest crash in years' after bull trap 2 hours ago Trader turns $44,800 into $1.4 million with Peanut (Pnut) the squirrel ...

VISA Expands Its USDC Settlement Pilot To Solana Blockchain

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As per the press release, VISA is working with merchant acquirers Nuvei and Worldpay. Visa has conducted live pilot programs with issuers and acquirers, successfully transferring millions of USDC (USD Coin) across the Solana and Ethereum blockchain networks to settle fiat-denominated payments approved over VisaNet. advertisement Thus, whenever consumers use their VISA card at any of the VISA-accepting merchant locations worldwide, they witness the convenience of instant payment authorizations. However, in the backend, the funds are yet to move between the customers’ bank and the merchant banks. Here, the VISA Treasury and settlement systems enable the clearing, settlement, as well as the movement of billions in transactions on a daily basis. The company believes that by using blockchain platforms like Solana, it can reduce the settlement periods for cross-border payments. Speaking on the development, Cuy Sheffield, Head of Crypto, Visa said: “B...