Solana-based BONK Coin has made a strategic move to support its adoption within the community. Shiba Inu has once again sparked a frenzy in the broader crypto market with its SHIB burn. The Tron inventor congratulated the community for a significant increase in USDT circulating supply on the Tron network. 4 Wall Street financial institutions announced that they will not provide Bitcoin ETF services to individual investors. TIA Coin recorded a new ATH. And more!
There is important news from BTC, TIA, SHIB, BONK Coin and these 5 altcoins…
BONK Coin integrates Epic Wallet functionality
Competition in the meme coin world is heating up. Solana’s flagship meme coin, BONK Coin, has made a strategic move to support its adoption within the community. According to the official X account, BONK introduced the “PooperScooper” functionality in its wallet. With this ‘PooperScooper’ wallet innovation, BONK Coin aims to further increase its appeal. Thus, it will help its users organize their assets more efficiently.
BONK Coin is one of the meme coins whose usefulness in the Web3 world has become a real infrastructure service protocol rather than just hype. The PooperScooper feature is a cleanup feature that adds an extra layer of convenience for users hosting entities that are no longer relevant to their goals. The BONK Coin community welcomed the PooperScooper functionality as a good idea that will come in handy.
Shiba Inu weekly burn rate increased by 6,000%
Shiba Inu, one of the most prominent meme coins operating on the Ethereum Blockchain, once again sparked a frenzy in the broader crypto market on Saturday. Shiba Inu recorded an increase in token burn rate of approximately 6,000%. Thus, the event gained significant attention in the global market. Meanwhile, today’s price of meme coin traded in negative territory. That is, despite the weekly increase in SHIB burn rate, it was affected by the market decline. However, its price has increased marginally over the past week. Thus, fueling additional implications for the token.
Justin Sun praises USDT supply increase on TRON network, TRX on the rise
TRON founder Justin Sun shed light on the surprising developments made by the TRON community amid the token’s price surge. Sun congratulated the TRON community for recording a significant increase in USDT circulating supply on the Tron network. According to Sun’s statement, Tron currently has more than 50 billion USDT in circulation for the first time. This increases market optimism for the token. Meanwhile, the TRON price has also risen noticeably, reflecting the significant progress of the community. TRX saw a significant increase of around 9% in an environment where the market was in the red.
Cardano peaks with 24 million transaction increase
Ethereum rival Cardano has seen phenomenal annual growth. According to the latest data, Cardano peaked with 24 million transactions. Meanwhile, native tokens also recorded an impressive growth of 1.9 million. Chris O, a Cardano enthusiast, highlighted Cardano’s growth last year in an X post. Chris compared network statistics from January 13, 2023 to January 12, 2024. The Cardano network has currently processed 82.8 million transactions. This means an increase of 24.1 million compared to the previous year’s number of 58.7 million.
The giant whale sold the 6,283 ETH he accumulated in the last five days at a profit
According to on-chain analyst Ai_9684xtpa, two hours ago a whale with the address OxfD3…3044e sold 6,283 ETH accumulated over the last five days at an average price of $2,540. Whale made a profit of $726,000 from this trade. This appears to be a USDT-based whale with total assets of $31.05 million. Stablecoins make up 87% of Whale’s assets. However, it regularly trades ETH on a large scale for swing trading purposes.
Spot Bitcoin ETF decision from 4 Wall Street financial institutions!
Fox Business reported that several Wall Street financial institutions are blocking retail investors from purchasing physical Bitcoin ETFs. Vanguard and Merrill Lynch, the world’s second-largest asset management company, as well as Edward Jones and Northwestern Mutual, two global top 500 financial services companies, also do not plan to offer their clients investment opportunities in the 11 approved Bitcoin ETFs. Representatives for Merrill Lynch, Edward Jones and Northwestern Mutual did not respond to requests for comment.
Tonka Finance burned approximately 16.7% of the total TOKA supply
Lending platform Tonka Finance destroyed the ecological token TOKA, which had a total supply of approximately 16.7% (166,666,667 tokens). Thus, the total TOKA token supply has now decreased to 833,333,333 tokens. The reason for the token destruction was due to the malicious involvement of some bot users during the first Fair Launch round of TOKA tokens. This resulted in some unused tokens for which Tonka Finance decided to destroy the TOKA token contract and relinquish ownership. After destruction, it will better adjust the market value and FDV of TOKA tokens. Additionally, the project will enter a new deflationary phase.
TIA recorded a new ATH, exceeding $17.6
According to OKX’s market data dated January 13, TIA rose above $17.6. TIA is currently trading at $17.64, up over 7.4% in 24 hours.
TROLL increased by over 360% in the last 24 hours
According to Coingecko data, meme coin TROLL is up 364% in the last 24 hours. The token is currently changing hands at $0.073. cryptokoin.com We remind users to invest rationally due to volatile market fluctuations of meme tokens.
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