Coin overview
NOT
Ended--
Last price (USDT)
244.38K
24h total (USDT)
1.36M
Total vol (USDT)
2024-05-10 08:00:00 ~ 2024-05-16 11:30:00
Trading time (UTC+0)
2024-05-16 16:00:00
Delivery time (UTC+0)
Total supply102.45B
Resources
Introduction
Notcoin started as a viral Telegram game that onboarded many users into web3 through a tap-to-earn mining mechanic.
Kanye West drops the mic on meme coin launch rumors: 'I'm not doing a coin"
Key Takeaways Kanye West rejected rumors about launching a meme token. Speculation about a "Ye" currency led to a surge in the price of a Solana token. Share this article Kanye West, who now goes by Ye, said Saturday he only does what he knows and loves, and launching a meme coin is not among them. The rap mogul firmly dismissed swirling rumors of a possible coin launch, stating that he only pursues things he’s “passionate and knowledgeable about.” “IM NOT DOING A COIN,” Ye wrote on X. “I MAKE PRODUCTS.” Ye, whose net worth stands at $400 million according to Forbes, said he is too rich for that. The head behind Yeezys, some of the most iconic, hyped sneakers, added that coins feast on fan hype, “JUST LIKE HYPED UP SNEAKERS CULTURE.” Following the 2025 Grammy Awards, Ye’s all-caps outburst on X has put him back in the spotlight this weekend. Posts that touched on “coin” and “crypto” especially drew attention from members of the crypto community. In one post, he stated, “WHEN PEOPLE MAKE ALL THAT MONEY WITH A COIN IS THAT CASH OR CONCEPT.” The statement triggered crypto community buzz. Many encouraged him to launch his own coin. And as the statement circulated, searches for “Ye” and “West” coins trended on Pump.fun. A Solana token using the ticker “YE” shot up almost 290% on Friday before rapidly declining, according to CoinGecko. In another post, Ye revealed that he rejected a $2 million offer to promote a fraudulent “ye currency” on X. He later signaled interest in connecting with Coinbase CEO Brian Armstrong. Share this article
Hamster Kombat developers' efforts have failed, token falls to 2024 low
Token Hamster Kombat (HMSTR) fell to $0,001620, its lowest since September 26, 2024. This decline occurred immediately after the project's developers announced the launch of the HamsterVerse platform. According to the team, the platform will host applications developed on the second-layer HamsterChain network using the HMSTR token. One small step for a hamster, one giant leap for hamsterkind. We've been working tirelessly all this time, and today we're thrilled to announce the launch of HamsterVerse! — the project's social media account says. The daily chart shows that the HMSTR token price has been in a downward trend for the past few weeks, which will continue in the near future. If the bearish scenario is confirmed, then kriptovalyuta will fall another 40% to its historical minimum of $0,00010. Hamster Kombat was one of the biggest disappointments in the crypto industry. The blockchain game attracted over 300 million users. However, after the listing token The project has fallen more than 88% from its all-time high and is now struggling to find buyers. According to IntoTheBlock, Hamster Kombat currently has just 3,9 million holders, and only 0,05% of them are making a profit. Competitors like Catizen, Notcoin, and DOGS are showing similar results. EN @happycoinnews EN @happycoinnews_en
TON Network Sees 95% Drop in New Users Since Peak, TVL Down 72%
In recent days, The Open Network ( TON ) ecosystem has grappled with substantial declines in user engagement, alongside mounting pressure from token sales. Notably, the influx of new users has plummeted by 95% compared to the network's peak in July. Current analytics reflect waning investor confidence, casting doubt on the ecosystem's long-term viability. According to data from DefiLlama, the Total Value Locked (TVL) in TON reached an apex in mid-July at $773 million, but it has since dwindled to $215 million—marking an over 72% decrease. This pattern of decline extends to user engagement rates. Dune data indicates that the number of new users hit a peak of 724,465 on September 30, yet, as of February 5, it has decreased to just 33,852, raising critical concerns about the blockchain's appeal moving forward. The steep drop in engagement has been paralleled by financial losses for investors, as reported on social media. Commentary from users reveals dissatisfaction with current token values, such as Notcoin at $0.0033 and Toncoin at $4.2. Further data indicates that around 96% of TON token holders, representing over 108 million addresses, are currently incurring losses, with only 4% of investors reaping profits. This contributes to a prevalent negative sentiment among investors, likely fueling higher token-selling rates. A Telegram-based blockchain, TON has historically relied on tap-to-earn models and GameFi applications to boost user activity. Recently, the TON core team released a strategic development roadmap for the first half of 2025. This plan includes core function upgrades and exploration of new revenue channels to counter declining profits from tap-to-earn games. Following a renewed partnership with Telegram after parting ways in 2020 due to regulatory issues, the network faces mixed reactions from its user base. Debate persists over Telegram's commitment to decentralization and the potential effects on liquidity and market stability. The forthcoming success of TON's updated roadmap remains uncertain, as on-chain data continues to point towards notable challenges in maintaining user engagement and investment returns.
1.24 Trillion SHIB On the Move – Will This Trigger a Price Reversal?
Last updated: February 7, 2025 12:27 EST Ad Disclosure Ad Disclosure We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallet https://t.co/PxsHyZ8BcD — Whale Alert (@whale_alert) February 5, 2025 Transfers from exchanges to private wallets are often seen as a bullish signal, suggesting accumulation rather than an imminent sell-off. In the past 24 hours, $SHIB has dipped by 3.6%, while trading volume has climbed 17.7% to $367 million. This Technical Indicator Could Soon Send a Buy Signal The total market cap of meme coins has declined by 5.5% in the past 24 hours, now sitting at $70.3 billion. Over the last 30 days, the sector has seen a sharp downturn, shedding 39% of its value. Shiba Inu ($SHIB) remains the second-largest meme coin with a market cap of $8.98 billion, showing relative resilience against the broader sell-off. Since the start of the year, $SHIB has dropped 28%—a milder decline compared to Pepe ($PEPE) and Bonk ($BONK), which have plunged 50.2% and 42.6%, respectively. The price chart shows that SHIB has been on a steady downtrend since reaching its local high in December, forming a series of lower highs. Notably, a double top emerged at $0.000025 on January 28, reinforcing bearish sentiment. Multiple support levels have been broken in recent days, with the latest at $0.00001560 now serving as the key resistance that bulls must reclaim to drive the price higher. Momentum indicators suggest a potential trend reversal, as the Relative Strength Index (RSI) is emerging from oversold territory and nearing a crossover above the signal line. If confirmed, SHIB could reclaim $0.000016 and potentially break out of the bullish falling wedge formation. Additionally, the MACD has been posting lower highs, though not consecutively. Another light red histogram bar could indicate the start of a trend shift, with an RSI crossover providing further confirmation. For investors seeking structured exposure to the meme coin market, Meme Index ($MEMEX) offers a simplified approach with four diversified investment options tailored to different risk profiles. Meme Index Raises $3.4M to Make Meme Coin Investing Easier Less than two months after the event kicked off, the Less than two months after its presale began, Meme Index ($MEMEX) has secured $3.4 million from investors, drawn to its unique approach to meme coin investing. The platform offers a passive investment strategy through four distinct index baskets—Titan, Moonshot, Midcap, and Frenzy—each catering to different risk appetites. For example, Titan focuses on established meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), while Midcap targets mid-tier projects such as Toshi (TOSHI) and Notcoin (NOT). At the core of the ecosystem is $MEMEX , the platform’s native token, which benefits directly from user adoption. Priced at a discounted $0.0159713, early buyers stand to gain the most before its public launch. To buy $MEMEX, head to the Meme Index website and connect your wallet (e.g. Best Wallet ). Either swap USDT, ETH, or BNB, or use a bank card to complete the transaction. Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Why These Altcoins Are Trending Today — February 7
The cryptocurrency market has been in a downturn this week, with many digital assets facing continued price declines. Today is no different, with the global crypto market cap down by 2% over the past 24 hours. Amid this broader slump, certain altcoins are drawing attention—not for their gains but due to recent ecosystem developments. Berachain (BERA) Berachain officially launched its “proof-of-liquidity” layer-1 blockchain on Thursday. The project also conducted its BERA token airdrop, which saw the distribution of coins worth around $1.17 billion to its community members. However, this airdrop was immediately followed by a surge in selloffs, which led to a decline in the coin’s value. BERA trades at $7.39 at press time, noting a 17% price dip in the past 24 hours. Notably, during that period, the coin’s trading volume surged by over 150,000%, reflecting the high selling pressure among BERA holders. A falling asset price alongside rising trading volume indicates strong selling pressure. It suggests that more traders are offloading the asset, putting downward pressure on its price. If selloffs persist, BERA’s price could plummet to $5.36. Without sufficient bullish support at this level, the coin’s price could drop further to $3.89. BERA Price Analysis. Source: TradingView On the other hand, if BERA’s accumulation rises again, its price could climb to $8.47. Ondo (ONDO) RWA-based asset ONDO is another altcoin trending today. The major factor driving this is Ondo Finance’s Thursday announcement of its plans to start its layer-1 blockchain designed for tokenized real-world assets. Following the announcement, World Liberty Financial—a decentralized finance (DeFi) platform backed by President Donald Trump—purchased 42,000 ONDO tokens for $470,000 USDC on the CoW Protocol. However, despite these developments, ONDO’s performance has remained lackluster. It has shed 0.1% of its value over the past 24 hours. At press time, the altcoin trades at $1.40. If ONDO’s demand weakens further, it could extend its decline in the short term, causing its price to plummet to $1.23. ONDO Price Analysis. Source: TradingView However, a shift in market trends toward accumulation could drive ONDO’s value up to $1.57. Notcoin (NOT) At press time, NOT trades at $0.0026. It has lost 40% of its value over the past week. In fact, on Monday, the altcoin plunged to a nine-month low of $0.0021 before rebounding slightly. Its Elder-Ray Index confirms the poor demand for NOT among market participants. At press time, this is at -0.0019. This indicator measures an asset’s buying and selling pressure by comparing its price to its exponential moving average (EMA). When the index is negative, it indicates that bears are in control, meaning selling pressure is dominant, and prices may continue to decline. If NOT’s decline continues, its price could revisit Monday’s multi-month low. NOT Price Analysis. Source: TradingView Conversely, if buying activity resumes, it could drive NOT’s value to $0.0039.
BNB Chain's test memecoin surged to a $52 million market cap minutes after CZ posted about it
A BNB Chain test memecoin (TST) surged past $52 million in market cap before dropping to its current level of over $15 million within minutes of a post by Changpeng "CZ" Zhao, Binance's founder and former CEO, on X (formerly Twitter). Zhao posted that the BNB Chain team created a tutorial video on launching memecoins via the Four.Meme platform, using TST as an example. The video briefly revealed TST's name, prompting unexpected trading activity, particularly from Chinese crypto key opinion leaders (KOLs) — influencers known for driving market trends. The BNB Chain team later deleted the video and the private key for the creator address, which held 0.13% of TST's supply, according to Zhao. However, he recommended reinstating the tutorial, noting, "It is what it is. This is NOT an endorsement from me for the token," though he said, "Happy trading!" Zhao clarified that TST is not an official BNB Chain token, and neither Binance nor the BNB Chain team holds any of it. TST's price has spiked over 22,500%. Based on its peak price of $0.0517, the highest market cap of TST was around $52 million. Earlier this month, Zhao returned to Binance Labs, now rebranded as YZi Labs, to take an active role in its investment activities after serving four months in U.S. prison on money laundering charges. Named after Binance co-founders Zhao and Yi He, YZi Labs is now positioned as a "purely family office investment vehicle."
War Against Crypto Not Dead As Digital Asset Developers Still Being Prosecuted: Lawyer John Deaton
Digital asset lawyer and advocate John Deaton says the “war against crypto” isn’t dead despite the recent shift in US presidential administrations. Deaton says on the social media platform X that there are still important cases going on even though Gary Gensler isn’t running the U.S. Securities and Exchange Commission (SEC) anymore. The lawyer notes there is still an active case against Roman Storm, one of the founders of Tornado Cash, an Ethereum ( ETH )-based coin mixing system that helps users conceal their digital asset transactions. Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the Lazarus Group, the sanctioned North Korean cybercriminal outfit. Storm’s trial is scheduled for April. Deaton also points to the case against Keonne Rodriguez and William Lonergan Hill, the co-founders of the crypto mixer Samourai Wallet. Authorities arrested them last April for allegedly operating an unlicensed money-transmitting business that executed more than $2 billion in unlawful transactions. The U.S. Department of Justice (DOJ) also alleges Samourai laundered more than $100 million worth of criminal proceeds. Deaton notes both cases involve Section 1960 of Title 18 of the United States Code, which prohibits the operation of unlicensed money-transmitting businesses. “Section 1960 requires money-transmitting businesses to register with FinCEN (Financial Crimes Enforcement Network). In 2019, FinCEN published guidance around Section 1960 that caused almost everyone to believe that control over user funds is required in order to be considered engaging in a money-transmitting business. Since, at least 2019, if not earlier, the crypto industry has believed that someone who develops software and that software operates without the developer touching the money that’s flowing through the software, the developer is NOT a money transmitter. Therefore, that developer would never need to get a license from the federal government and thus, never be required to submit reports to regulators. But that is NOT the law, according to federal prosecutors at the DOJ. The DOJ’s interpretation in prosecuting Tornado Cash developer Roman Storm and the two developers of the Samourai Wallet is that the developers could be considered money transmitters under Section 1960 even if they never took or assumed control of any of the software’s users’ funds.” Deaton says the cases are an “existential threat” to the decentralized finance (DeFi) sector. “If Roman Storm is found guilty and loses a single day of his freedom, imagine the chilling effect it would have on the DeFi industry. DeFi scares both regulators and incumbent legacy players, there will be resistance to dismissing these cases. The fight continues.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Generated Image: Midjourney
5 Memecoins That Deserve a Spot in Your Portfolio Next Week
Memecoins are evolving beyond jokes, with strong community backing and expanding use cases. High levels of engagement and liquidity exist within Bonk, Brett, Floki, and Pudgy Penguins as well as Notcoin that point to continuing investor involvement. Investors can achieve potential high returns while markets change by adding these promising cryptocurrency tokens to their portfolios. Memecoins have evolved from internet jokes to serious contenders in the cryptocurrency market, often delivering unexpected returns. The ongoing crypto market evolution has investors and traders focused on cryptocurrencies which receive wide community endorsement and show promising development progress. Five meme coins have gained significant market attention during the next week along with promising profitability prospects. Bonk (BONK): A Community-Driven Powerhouse The Solana-based memecoin Bonk (BONK) continues to increase in popularity because of its supportive community and unique token monetary features. The token achieved substantial growth because it became integrated into different Solana projects while users started accessing decentralized applications through it. BONK’s high trading volume suggests ongoing market interest, making it a noteworthy option for investors seeking dynamic assets. Brett (BRETT): A Rising Contender in the Memecoin Space Brett (BRETT) has emerged as an exceptional and groundbreaking memecoin that has captured attention within crypto communities. With an unparalleled meme culture and a dedicated following, this token has demonstrated resilience in market fluctuations. The project’s ability to maintain engagement and liquidity makes it a contender for those looking to diversify their portfolios. Floki (FLOKI): Expanding Beyond the Hype The meme-based cryptocurrency Floki (FLOKI) achieved a transition toward delivering remarkable real-world applications. The project delivers utility through gaming along with NFTs and metaverse features. The strategic plan of expanding operations has elevated Floki (FLOKI) into an innovative token offering both entertainment value and lucrative potential for investors. Pudgy Penguins (PENGUIN): Community Strength Meets Market Momentum Pudgy Penguins (PENGUIN) is making waves in the crypto world by bridging NFTs and meme coins. The project’s unmatched community-driven model has contributed to its growing market presence. With increasing partnerships and integrations, PENGUIN offers a unique angle in the memecoin sector, capturing investor interest. Notcoin (NOT): A Phenomenal Entry into the Market Notcoin (NOT) has quickly gained attention as a dynamic memecoin with elite market traction. Leveraging social engagement and viral trends, NOT has seen impressive growth in trading volumes. Its adaptability and community enthusiasm make it a promising pick for the upcoming week.
Notcoin’s Missed ICO Regret Is Real—Today, Arctic Pablo Offers a Second Chance at Early Gains!
Early believers often reap the biggest rewards. Just take a look at Notcoin, the once-overlooked digital asset that turned small investments into life-changing wealth. Many dismissed it in its early days when it was still an experimental concept, only to watch in disbelief as its value skyrocketed. Now, a similar opportunity is unfolding with Arctic Pablo Coin ($APC)—one of the top new meme coins to invest in now. With its presale now in Glacier Grove (Phase 7) at just $0.000043 per APC, the price is still incredibly low compared to its listing price of $0.008. As Arctic Pablo advances through its presale journey, the price is set to climb higher, making early entry crucial for those looking to capitalize on its massive ROI potential. Notcoin: The ICO That Many Overlooked but Now Wish They Hadn’t Notcoin started as a simple play-to-earn tap game that seemed too basic for many investors to take seriously. At launch, its token traded for fractions of a cent—an easy buy-in for those who saw its potential. But while skeptics stood on the sidelines, early adopters stacked their bags. Fast forward to today, and Notcoin’s meteoric rise has proven its doubters wrong. Investors who got in at the earliest price points now sit on returns that few could have imagined. The success story of Notcoin serves as a harsh reminder: those who wait too long often pay the price of regret. But the crypto market never sleeps, and a new contender is making waves in the meme coin space. Enter Arctic Pablo Coin ($APC)—a project that’s rapidly gaining traction as one of the top new meme coins to invest in now. Arctic Pablo: The New Meme Coin Powering Through Presale with Insane Gains Arctic Pablo isn’t just another meme coin. Its presale has already sold out six phases at lightning speed, with Phase 6, El-Dorado, selling out in under three days. Now, Glacier Grove (Phase 7) is live, offering $APC at just $0.000043, a price that won’t last long as the project moves forward. This is the redemption moment for investors who missed Notcoin’s early days. The ROI from this stage to listing stands at over 18,546%, with a projected price of $0.008 at launch. The numbers speak for themselves—those who secure their APC tokens now could see enormous gains. The Burn Mechanism: Fueling Long-Term Value Unlike many other meme coins that flood the market with excessive supply, Arctic Pablo permanently removes unsold tokens weekly during the presale. Additionally, any unsold tokens after the presale will be burned, ensuring a deflationary structure that enhances scarcity and boosts value over time. This strategic burn mechanism makes Arctic Pablo not just an exciting presale, but also one of the top new meme coins to invest in now for long-term holders. Over $675,000 Raised—And Growing Fast Momentum is building rapidly. With over $675,000 already raised, Arctic Pablo proves investors are hungry for the next big opportunity. Those who act now lock in the lowest possible price before the presale moves to its next phase, where costs will increase again. Every phase has sold out quickly—will Glacier Grove be next? The Clock Is Ticking—Get in Before the Next Price Surge Missed Notcoin’s early days? That ship has sailed. But the crypto space never stops moving, and Arctic Pablo is here, offering a golden opportunity for those who recognize potential before it’s too late. As each phase sells out, the price of $APC rises, bringing new milestones closer and increasing returns for early investors. With Glacier Grove now live at $0.000043, time is running out for those who want to secure one of the top new meme coins to invest in now before the price jumps again. Final Thoughts: Secure APC Before It Enters the Next Phase Notcoin’s early investors took a chance and saw staggering returns. Those who waited for a better entry point only watched as the price soared beyond their reach. Arctic Pablo is now at a crucial moment—the chance to get in before massive listing gains. With its presale accelerating, a deflationary burn mechanism, and an ROI of over 18,546% from Glacier Grove to listing, Arctic Pablo is undoubtedly one of the top new meme coins to invest in now. The presale won’t wait—will you take action, or will this be another missed opportunity? For More Information: Arctic Pablo Coin: https://www.arcticpablo.com/ Telegram: https://t.me/ArcticPabloOfficial Twitter: https://x.com/arcticpabloHQ
Trapped in the Maw of a Stillborn God (Pt. 1)
From The Tech Bubble by Edward Ongweso Jr I am back from Las Vegas, my second visit there but first time going to CES—an annual consumer electronics trade show (CES is NOT short for Consumer Electronics Show, or anything really) where companies and countries tease glimpses of the future of consumer electronics. It may be hard to believe, but my foray into CES suggests the tech sector is getting even more removed from reality than its temporary host city. I love Las Vegas because it is one of the more honest expressions of what it means to be an American: desperately scrambling to silence the occasional stirring of what passes for a soul in this country. And, yes, the city is very fun when you don’t have a Protestant upbringing buzzing in your ear (e.g. all the food, alcohol, drugs, strip clubs, parties, dayclubs, nightclubs, spectacles, desert adventures, and gambling you could want), but only if you don’t think too hard about it. If you think about it, though, you end up in a dark place! Even before the Supreme Court struck down the federal prohibition on sports gambling in 2018, however, it was clear where we were headed. Take a 2017 Chris Hedges Truthdig column , in which he argues that a culture as committed as ours to gambling is one committed to numbing and killing itself by any means necessary: Roger Caillois, the French sociologist, wrote that the pathologies of a culture are captured in the games the culture venerates. Old forms of gambling such as blackjack and poker allowed the gambler to take risks, make decisions and even, in his or her mind, achieve a kind of individualism or heroism at the gambling table. They provided a way, it can be argued, to assert an alternative identity for a brief moment. But the newer form, machine gambling, is an erasure of the self. Slot machines, which produce 85 percent of the profits at casinos, are, as the sociologist Henry Lesieur wrote, an “addiction delivery device.” They are “electronic morphine,” “the crack cocaine of gambling.” They are not about risk or about making decisions, but about creating somnambulism, putting a player into a trancelike state that can last for hours. It is a pathway, as sociologist Natasha Dow Schüll points out, to becoming the walking dead. This yearning for a state of nonbeing is what Sigmund Freud called “the death instinct.” It is the overpowering drive by a depressed and traumatized person to seek pleasure in a self-destructive activity that ultimately kills the organism. Hedges’ column starts by talking about addiction as of 2017: the United States consumes the vast majority of opioids used worldwide, sees tens of thousands die from overdoses, spends tens of billions on painkillers, lets millions suffer from alcohol abuse, and spends well over $100 billion on heroin, methamphetamines, cocaine, and weed. These are sums eclipsed by gambling. Here are the numbers (again from 2017): Americans in 2013 lost $119 billion gambling , with an additional $70 billion—or $300 for every adult in the country—spent on lottery tickets. Federal and state governments, reliant on tax revenues from legal gambling and on lottery ticket sales, will do nothing to halt the expansion of the industry or the economic and psychological toll it exacts on those in financial distress. State-run lottery games had sales of $73.9 billion in 2015, according to the North American Association of State and Provincial Lotteries. This revenue is vital to budgets beset by declining incomes, deindustrialization and austerity. “State lotteries provided more revenue than state corporate-income taxes in 11 of the 43 states where they were legal, including Delaware, Rhode Island, and South Dakota,” Derek Thompson wrote in The Atlantic. “The poorest third of households buy half of all lotto tickets,” he noted. Gambling is a stealth tax on poor people hoping to beat the nearly impossible odds. Governmental income from gambling is an effort to make up for the taxes the rich and corporations no longer pay. Hedges sees these machines, casinos, and gambling more generally as finely tuned to "cater to the longing to flee from the oppressive world of dead-end jobs, crippling debt and social stagnation and a dysfunctional political system." To make his case, he leans heavily on Natasha Schüll, citing her landmark study of machine gambling in Las Vegas (“Addiction by Design”). On close examination, gamblers are less addicted to winning than to the "world-dissolving state of subjective suspension and affective calm" that machine play offers. The shape and feel of consoles and seats, the displays and interfaces, the acoustics of the floor, the lack of natural sunlight, these and much more are engineered to maximize “time on device” and thus the casino’s profits. To further that end, casinos engage in an impressive array of surveillance to track gamblers, construct personal profiles, kick out winners, and determine the breaking points of losers—intervening just before they leave so that time on device can be maximized. Because of the extensive data collection involved in managing a casino (i.e. ensuring gamblers are losing as much as possible), casinos have also functioned as a testing grounds for other industries interested in surveillance. Schüll names "airports, financial trading floors, consumer shopping malls, insurance agencies, banks, and government programs like Homeland Security" as just some of the beneficiaries of Las Vegas's technological innovation. In a conversation with Hedges, Schüll doesn’t mince words: “When you look at contemporary slot machines, they don’t operate on volatility,” she continued. “One designer of the mathematics and algorithm of these games said we want an algorithm that makes you feel like you are reclining on a couch. The curves, architecture and the softly pixelated lights, they want you to sit back and go with the flow. I just couldn’t make sense of that for the longest time in my research. Gamblers would say, ‘It’s so weird, but sometimes when I win a big jackpot I feel angry and frustrated.’ What they’re playing for is not to win, but to stay in the zone. Winning disrupts that because suddenly the machine is frozen, it’s not letting you keep going. What are you going to do with that winning anyway? You’re just going to feed it back into the machines. This is more about mood modulation. Affect modulation. Using technologies to dampen anxieties and exit the world. We don’t just see it in Las Vegas. We see it in the subways every morning. The rise of all of these screen-based technologies and the little games that we’ve all become so absorbed in. What gamblers articulate is a desire to really lose a sense of self. They lose time, space, money value, and a sense of being in the world. What is that about? What does that say? How do we diagnose that?” “It’s the flip side to the incredible pressure, which is experienced as a burden, to self-manage, to make choices, to always be maximizing as you’re living life in this entrepreneurial mode,” she said. “We talk about this as the subjective side of the neoliberal agenda, where pressure is put on individuals to regulate themselves. In this case, they are regulating themselves, but they are regulating themselves away from that. This really is a mode of escape. It’s not action gambling. This is escape gambling. You can see it on their faces. The consequences and ethics are distasteful. It’s predatory. It’s predation on a type of escape where people are driven to exit the world. They’re not trying to win. The casinos are trying to win. They are trying to make revenue. They’re kind of in a partnership with the gamblers, but it’s a very asymmetrical partnership. The gamblers don’t want to win. They want to just keep going. Some people have likened gamblers to factory workers who are alienated by the machine. I don’t see it that way. This is more about machines designed to synchronize with what you want—in this case escape—and [to] profit from that.” This, Hedges argues, will be the building block of our future politics: perpetual immiseration obscured by public-private partnerships to build digitally mediated pleasure palaces, alongside robust efforts to improve access to various opioids and soma, and reinforced with a healthy dose of outright force when we step out of line. After CES, I think this vision doubles as a diagram that connects gambling and Vegas (as a laboratory of odious technologies of surveillance and social control and extraction and immiseration across society) to CES (as a place to fine tune hype narratives obfuscating the scramble for these tools) to capitalist technology and our political-economic order. On Gambling It may have been unleashed by the Supreme Court’s 2018 decision, but as I wrote in 2021 it was partly supercharged by the Covid-19 pandemic: speculative finance bullshit proliferated thanks to “fintech” that reduced barriers to losing money on stocks, crypto, and NFTs; more traditional finance bullshit in the form of SPACs; the aggressive lobbying by the gambling industry to set up online casinos, influencer gamblers targeting children , app-based sports gambling, and closer ties between sports leagues and gambling outfits. In 2022, Jay Caspian Kang wrote in his New York Times column that while he doubted this wave of sports betting legalization would lead to a "long-term epidemic of problem gambling” he was concerned that "he could “no longer really tell the difference between buying cryptocurrencies, betting on sports or trading stocks” because they’ve become part of a “mega gamble with payouts that could change your life.” Kang offers an agnostic version of Hedges’ theory at one point: we shouldn’t read too much into the firms behind this gambling boom because they’re simply “doing whatever it takes to maximize their user bases and profits” but at the same time one can’t shake the fear that it “it reflects a desperation in today’s youth” made worse by the pandemic. Is this true? When arguing that gambling was an outgrowth of a culture gripped by despair, corporate predation, and addiction by design, Hedges painted a pretty dire picture in 2017. How do things look today? The opioid crisis has gotten worse. Opioid overdose deaths grew to 81,806 by 2022 before starting to decline to an estimated 75,091 deaths in 2024. Painkillers were a $24 billion global market in 2015 and grew to $81 billion in 2023—the global opioid market is now about $23 billion , the United States accounting for $14.5 billion . Annual expenditures for marijuana, cocaine, methamphetamines, and heroin grew from $100 billion (across the 2000s) to almost $150 billion (by 2016), with weed’s market ($52 billion) becoming as large as coke’s ($24 billion) and meth’s ($27 billion) combined, while heroin’s market ($43 billion) grew to be the largest behind weed. Alcohol abuse has grown from 14 million adults to 28 million . Legal sports gambling hit $119 billion in 2023 and an estimated $150 billion in 2024. Illegal sports betting— which legalization was supposed to end —has metasized into a $64 billion market (this does not include the much larger $337 billion illegal online gambling market). A recent study found that sports betting increases a household’s likelihood of bankruptcy by 30 percent. Lottery sales have grown from $70 billion to $113 billion for FY 2024. In 2009, lotteries provided more revenue than revenue than corporate income taxes in 11 states—in 2022, this was true of 10 states . A 2024 analysis by The Economist found that the poorest households spend about 33 times more on lottery tickets than the richest households. And while lotteries are totted as a way to finance state aid for low-income residents, a Boston Globe investigation showed this couldn’t be further from the truth in Massachusetts, the state with the highest per capita spending on lottery tickets. I could go on and on like this but it’s clear there has been a long-term problem when it comes to gambling, both in terms of what is driving its proliferation and the impact of it. Hedges was in right in 2017 and is even more right now: a culture as committed to preying upon and immiserating its most vulnerable citizens as ours turns out to be a culture where people will retreat into various escapes/addictions, such as gambling or substance abuse. From that come a few interlinked points: (1) Regressively taxing the consumption of poor individuals is an easier political project to pitch than progressive taxes on corporations and wealthy individuals. The former lack the wealth or power to do anything about social policies that will further disempower and eventually kill them. Or as tech venture capitalist Marc Andreessen put it “I’m glad there’s OxyContin and video games to keep those people quiet.” (2) Sans popular pressure or legal advocacy, there’s not much political interest in seriously holding corporations accountable for preying on, poisoning, or killing poor people beyond fines and offering more sustainably harmful products. Forever chemicals, whose toxicity has been known for decades , poisoned every corner of this planet before the Biden administration introduced America’s first national drinking water standard aimed at reducing exposure for upwards of 100 million people. Johnson & Johnson knew for decades that the asbestos in its baby powder products was causing cancer, using the courts to evade multi-billion dollar settlements while opening a new front on the war against this country’s threadbare consumer protection laws . (J&J also agreed to pay $5 billion of a $26 billion settlement over its role in fueling the opioid crisis). (3) In the 12 years since “Addiction by Design” was published, things have changed a bit. In 2019, Kevin Litman-Navarro wrote about a nascent attempt by NBC Sports Washington to create an alternate broadcast that offered "predictive gaming" which enabled bets on every single aspect of the game (halftime score, turnover, dunks, etc.) "Predictive gaming is like fantasy football meets roulette, and if broadcasters adopt techniques perfected by casinos (and adopted by social media sites to keep people engaged, the future of sports gambling could make it a lot more addictive,” Litman-Navarro warned. In a 2023 talk, Schüll reflects on how online gambling would prove to be even more addictive than casino machines: It's solitary. It's you and the machine. There's no person interrupting or putting a social temporality on the experience—it's you and the machine. It's extremely rapid feedback and, again, it's continuous without a set ending. It's potentially never-ending! You could just keep going—even now in sports-betting, because when a game ends you just switch over to another game on the same app or site. It could be ping-pong in Poland, table tennis in Amsterdam. All of this creates a much deeper psychological engagement than offline sports betting. It feels more like a traditional slot machine in that sense and it's harder to stop. And to extend our third point, Schüll adds that while her book ended with the gambling industry expressing anxiety about its slot machine clientele aging out, online gambling has given them access to incredibly young blood that will make for lifelong customers (an anxiety familiar to the tobacco industry as it fought to stop older smokers from quitting , then aggressively targeted young people with “smokeless” products to cultivate a new generation of lifelong smokers). Weaponized pleasure and hedonic engineering are not new concepts when it comes to consumer products , nor is the idea that something can be ubiquitous yet designed in a way that slowly kills its consumers as profitably as possible. In fact, the usual response to this is “regrettable substitution” where the toxic compound or hazardous product is banned, but replaced with something nearly identical. Despite this, people will debate whether the supposed benefits (taxes, recreation, etc.), especially when it comes to gambling. I think it clearly causes more harm than its worth, however! And not just for gambling—which, again, is intentionally designed to be as addictive as possible with finely tuned physical environments as well as digital technologies and has served as a laboratory for tools of surveillance + social control—but for the multitude of industries and spheres of life that have been touched by gambling and its tech innovations. Gambling isn’t just concerning because it is powered by and advances noxious technologies, but because it is transforming how we engage with life. Nate Silver argues in his book “On the Edge” that risk-taking and a progressional gambler’s mindset are increasingly defining how decisions are made across our society: The River is a sprawling ecosystem of like-minded people that includes everyone from low-stakes poker pros just trying to grind out a living to crypto kings and venture-capital billionaires. It is a way of thinking and a mode of life. People don’t know very much about the River, but they should. Most Riverians aren’t rich and powerful. But rich and powerful people are disproportionately likely to be Riverians compared to the rest of the population. “Upriver” live the rationalists and effective altruists who rub shoulders with crypto and artificial intelligence evangelists. “Midriver” is where Silicon Valley and Wall Street investors seek returns at great cost to the rest of society . “Downriver” we find “lots of tourists and lots of gambling” as people flock to casino floors and sports books. And just further out we come across the “Archipelago” where “pretty much anything goes” —it’s here that the “weakest of the herd” are picked off by online poker, as well as sports betting and crypto speculation (and crypto casinos ). Silver doesn’t attempt to obfuscate the externalities of a world dominated by The River, but his bias is clear (this is his “tribe” and the book tends to celebrate it). Here he dips his toe into the AI risk debate (can we create superintelligent machines and what will they do with us) with a potential future called “Hyper-Commodified Casino Capitalism: “The world becomes more casino-like: gamified, commodified, quantified, monitored and manipulated, and more elaborately tiered between the haves and have-nots. People with a canny perception of risk might thrive, but most people won’t. GDP growth might be high, but the gains will be unevenly distributed. Agency will be more unequal still; a few large companies, aided by their AIs, will have more power than democratically elected governments. Most people won’t have fulfilling, meaningful jobs, and many will hand their decision-making over to AIs that purport to have their best interest in mind but instead trap them in a loop of button-clicking compulsions. Are these AIs making people happy? Well, they’re making people content, for that’s what the algorithms will optimize for. Happiness is hard to measure. The soul of humanity dies a slow and unmourned death at some point in the mid-2050s.” Silver offers this as a possible dystopia, but frankly it seems like one of the best-case outcomes available to us considering the ascendance of Silicon Valley’s reactionaries. The world that lies waiting for us will not come to pass because of gambling, though gambling is actively ruining the one we currently live in. On CES What does all of this have to do with CES? As long as I’ve been aware of CES, it has been related to me as a place where vendors use products that may or may not be real to peacock for investors ($$$), journalists (coverage), and other firms (deals). Sacrifice a virgin while dancing in the moonlight and you’re a superstitious nut. Sacrifice a pile of money while dancing in a windowless casino and you’re what Silicon Valley’s accelerationists call “hyperstitious” —able to “transmute lies into truths” by an obscure alchemical science known as wealth. And so: entrepreneurs and investors enter into a dance where half-baked ideas or narrow use cases are given new life (scale) with a sufficient infusion of capital; journalists are lied to, seduced, distracted, or otherwise deputized in an extravagant masturbatory ritual performed with ironic self-awareness. “Don’t you see that while A is obviously never happening, B would be a genuine improvement?” I'm assured by financiers and writers who’ve come to the conference every year seriously wondering where their promised robot servants and sentient assistants are! What was actually being offered at CES? This year, it was what Jared Newman called “AI gaslighting” as firms previewed plans to trick consumers into thinking long-offered features were new innovations made possible by “AI.” I saw a humanoid robots disclose “I am a text-based generative AI chatbot” before posing with audience members and answering questions as part of a transparent gimmick, crypto bros spin sleek trading platforms as financial AI agents, and salespeople use “AI” to refer to ecosystems of luxury surveillance devices . Newman saw TV makers rebrand extant personalized recommendation and actor recognition systems as cutting-edge “AI”, PCs that let you optimize graphics settings with chatbots instead of singular buttons, and hardware (like smart glasses) that simply grafted large language models onto their products. Newman offers a somewhat upbeat explanation for this: Hardware makers want to demonstrate that they’re part of the AI revolution, but they don’t make the AI themselves and are bound by the limits of what large language models can do (which is still far from what we’ve been promised they can do ). Outside of a few stray announcements, such as Nvidia’s $3,000 desktop AI computer for programmers , much of what happened at CES will have little direct bearing on where AI goes from here. … Device makers, in other words, are trying to take credit for the wrong thing. I left CES feeling upbeat about the state of consumer electronics, but with a strange feeling that I had to ignore a vast amount of its messaging to get there. I don’t think we can easily ignore the “vast amount” of gaslighting though there is something to Newman’s point about this being a “hardware” show amidst a “software” frenzy. Still, CES claims it there were an estimated 141,000 attendees, 4500 exhibitors, and 6000 "global media, content creators, and industry analysts.” We should be concerned if even a small fraction of this exhibition was vaporware—which it tends to be—and even more so if a significant portion of it is overtaken with snake oil salesmen insisting their products are now AI-powered—which it seemed to be. I, and many others, have written extensively about the danger that our delusions about “AI” pose. It threatens to narrow our institutional imagination to the dreams of monopolistic firms and flood the zone with propaganda to reinforce these nightmarish visions , rehabilitate reactionary ideologies that pine for the ancien régime, and serves to enrich some of the least among us: white South Africans who don’t seem to have gotten over the end of apartheid . The concern about the Subprime AI crisis , as Ed Zitron puts it, is that it will not only misallocate resources in a bubble that’ll burst and leave behind immiserated masses, dessicated public institutions, and an increasingly withered capacity for political action not aligned with Wall Street/Silicon Valley’s interests BUT that it’ll empower masters of the universe like Peter Thiel who seem interested in building the worst possible future for all but themselves. Take John Ganz’s read of a recent Financial Times op-ed by Thiel: Does Thiel believe, along with Girard, that the scapegoat mechanism no longer works, or just that we need new myths and scapegoats? Is he really a Christian or a pagan worshipping at the altar of technological Moloch? When the Silicon Valley occultists commune with the spirits are they talking to God or the Devil? It seems like as the alternative to violence spinning out of control, he wants to focus it on a few enemies, he wants the new regime to produce scapegoats. I think he doesn’t want it to look too savage and primitive. It has to have some semblance of order, otherwise, it will be too clear what’s going on—like the text, it needs to be a little esoteric. It has to have the appurtenances of justice and truth and be given a Christian covering, the possibility of forgiveness and mercy. If you are creeped out by now that’s the point: this is all meant to be a little scary. He likes the whiff of incense and the air of hocus pocus. The founder of Palantir wants to imagine himself as a sorcerer. It is meant to sound impressive and, yes, stupefying. But he is not just mystifying but also himself mystified: fetishizing the world of commodities and their production as a religion. Being in the position to forgive is being in a position of power. And perhaps the ultimate one. Another question we might put to all these characters: Who do you think you are? God? An honest look at Palo Alto’s past ( eugenics, environmental ruin, and surveillance ) and present ( “less a fascism of blood and soil than a nihilistic capitalism of the bottom line” as Quinn Slobodian puts it) suggests the world we’re racing towards will be dominated by bantustans, though I’m sure the Riverians won’t have much qualms about putting casinos inside of them. The sooner we free ourselves of delusions about Silicon Valley’s supposed right-wing turn , the sooner we can articulate the futures we do or don’t want (and the technologies involved in both) and speak a bit more bravely about the gap between the stakes and our willingness to act. Quickly approaching is the day when we will see the embrace of a genocidal telos (“ exterminism ”) that’ll seek to sacrifice the environment, genetically and socially engineer humanity, and liquidate the uncooperative elements. All of the ingredients are already there. Now we wait for the Great Work that will bring together the brigands laying waste to our world for one last orgy of violence. Will it be those that seek to purify capitalism of its democratic flaw and colored defects? Or those that promise us it will give birth to yet another stillborn god?
MOVE price jumps 16% on reports of Musk exploring Movement blockchain for transparency
MOVE token jumped 16% Wednesday amid rumors that Elon Musk is considering the Movement blockchain for his government transparency initiative. Movement’s ( MOVE ) token gained 16% on Jan. 29 as reports surfaced that Elon Musk ‘s Department of Government Efficiency team is evaluating the blockchain for his transparency efforts . In an X post on Jan. 28, Walter Bloomberg, citing a source familiar with the matter, reported that “Movement among firms discussing blockchain use with Musk’s DOGE team.” *MOVEMENT AMONG FIRMS DISCUSSING BLOCKCHAIN USE WITH MUSK'S DOGE TEAM: SOURCE *BLOOMBERG REPORTED MUSK'S DOGE EVALUATING BLOCKCHAIN TECH FOR GOVT EFFICIENCY EFFORT — *Walter Bloomberg (@DeItaone) January 28, 2025 At the same time, on-chain analysts spotted a big purchase from World Liberty Financial, a crypto project linked to President Donald Trump . The firm bought about $2 million worth of MOVE tokens, pushing the price from $0.71 to over $0.88 before settling around $0.80. The purchase quickly sparked concerns over insider trading. Oof, this is NOT a good look WLFI multisig buys MOVE and then 10 minutes later the press reports the Movement talking to Musk story Insane crime pic.twitter.com/VZpla6WoOE — Eric Conner (@econoar) January 28, 2025 Amid those accusations, Movement Labs co-founder Rushi Manche said the team isn’t directly working with World Liberty Financial, telling crypto media that Movement is “not in direct communication with the Trump-backed DeFi project.” He also denied collaboration with Musk’s DOGE team, saying, “I don’t think we are in touch as far as I understand.” Meanwhile, Movement Labs has been busy launching a developer mainnet to bring Facebook’s Move Virtual Machine — also known as MoveVM — to Ethereum. The launch is a key step toward the public mainnet beta, expected in February.
SEC Rescinds Rule Blocking Banks from Custodying Bitcoin
The US Securities and Exchange Commission (SEC) has rescinded a rule that prevented banks from custodying cryptocurrencies. The rule, known as Staff Accounting Bulletin ( SAB 121 ) was introduced by former SEC chair Gary Gensler. It required banks and other financial institutions to list crypto assets as liabilities in their sheets. As expected, SAB121 was highly controversial. Most believed the complexities involved deterred banks from being involved in crypto custody. It was largely considered the SEC’s attempt to discourage corporate participation in the crypto market. However, the regulator has introduced a new policy, which paves the way for massive adoption. 🚨Chairman @RepFrenchHill : “Finally, the Biden-Harris misguided SAB 121 rule has been rescinded. Holding reserves against the assets held in custody is NOT standard financial services practice and am pleased this rule was nullified. I applaud @SECGov for taking strong steps… pic.twitter.com/PFz4PKeT2t — Financial Services GOP (@FinancialCmte) January 23, 2025 What is SAB 122? The new policy , SAB 122, provides an accommodating structure and enables banks and other financial institutions to observe international accounting standards or those from the Financial Accounting Standards Board (FASB). This staff accounting bulletin (“SAB”) rescinds the interpretive guidance included in Section FF of Topic 5 in the Staff Accounting Bulletin Series entitled Accounting for Obligations to Safeguard Crypto-Assets an Entity Holds for its Platform Users (“Topic 5.FF”),” the regulator explained. SAB 121 has been rescinded, allowing banks to custody Bitcoin. 🚀 pic.twitter.com/IZrzOfcdXG — Michael Saylor⚡️ (@saylor) January 23, 2025 The SEC requires banks to provide clients with details on the risks involved with custody assets. The bulletin wrote, “An entity that must safeguard crypto-assets for others should determine whether to recognize a liability related to the risk of loss under such an obligation and if so, the measurement of such a liability, by applying the recognition and measurement requirements for liabilities arising from contingencies in Financial Accounting Standards Board Accounting Standards Codification.” Several key voices in crypto, such as Hester Peirce , hailed the new policy as a step in the right direction. Others believe SAB 122 could encourage companies to associate better with crypto. Bye, bye SAB 121! It’s not been fun: https://t.co/cIwUc0isUE | Staff Accounting Bulletin No. 122 — Hester Peirce (@HesterPeirce) January 23, 2025 Trump’s return to the White House has no doubt been a major win for the industry. The new administration has made several pro-crypto moves, including announcing plans to make the US the crypto capital of the world. Disclaimer The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
SEC Axes SAB121, Admits It Stifled Collaboration With Banks
Key Takeaways The SEC, under the Trump administration, has repealed the controversial SAB121. SAB121 imposed stringent requirements on financial firms offering crypto custody services. Lawmakers and crypto proponents welcomed the move as a win for the industry. The Securities and Exchange Commission has withdrawn Staff Accounting Bulletin No. 121 (SAB121) , one of the most contentious policies targeting the crypto industry under the Biden administration. The decision, made during the first week of Donald Trump’s presidency, signals a significant shift in the government’s stance on crypto regulation. Acting SEC Chair Mark Uyeda , appointed by Trump, spearheaded the repeal, marking a symbolic end to what critics dubbed the “madness” of Gary Gensler’s tenure as SEC chief. You May Also Like Crypto Gary Gensler’s Top 5 Crypto Crackdowns as SEC Chair: A Legacy of Legal Battles Crypto SEC Crypto Fines: 2024 Hits Record $4.6B, Contributing to Historic $8.2B in Remedies Crypto Outgoing SEC Head Gary Gensler Calls for More Progress On Crypto Regulations SAB121: A Brief History First introduced in March 2022, SAB121 mandated that financial institutions holding cryptocurrency on behalf of clients record those assets as liabilities on their balance sheets. The rule aimed to address perceived risks associated with crypto custody but faced immediate backlash from the financial and crypto industries. Crypto advocates argued that the rule was impractical, creating unnecessary burdens for financial firms and discouraging them from offering custody services to crypto companies. Despite this resistance, the Biden administration pushed the measure through in May 2022. House Financial Services Committee Chair French Hill criticized SAB121 from the outset, calling it a “misguided” policy. On the repeal, Hill stated : “Finally, the Biden-Harris misguided SAB121 rule has been rescinded. Holding reserves against the assets held in custody is NOT standard financial services practice, and I’m pleased this rule was nullified.” Gensler’s Approach to Crypto Regulation SAB121 became a symbol of what critics described as Gary Gensler’s inconsistent and heavy-handed approach to crypto regulation. During his tenure, the SEC chief claimed that existing financial laws were sufficient to govern the crypto sector. However, the issuance of SAB121 contradicted that stance, highlighting a willingness to impose new restrictions on the industry without offering clarity or tailored guidelines. Coinbase, the largest U.S.-based crypto exchange, filed a lawsuit against the SEC in 2023 , demanding regulatory clarity for the sector. The exchange argued that the lack of comprehensive rules left crypto firms operating in a regulatory gray area. Despite these calls, the SEC remained unyielding , insisting that crypto companies comply with decades-old financial laws. SAB121, however, demonstrated that the SEC was willing to create new rules when it suited their agenda, drawing accusations of hypocrisy and inconsistency. Operation Chokepoint 2.0 Allegations The repeal of SAB121 also reignited discussions about the Biden administration’s alleged anti-crypto campaign, often referred to as Operation Chokepoint 2.0. This purported initiative involved government agencies warning and restricting traditional financial firms from engaging with crypto companies, effectively cutting off the industry from essential banking services. Critics pointed to SAB121 as a key component of this strategy, aimed at stifling the growth of the crypto sector under the guise of investor protection. With the withdrawal of SAB121, the Trump administration has sent a clear message that it intends to take a more constructive approach to crypto regulation, prioritizing innovation and collaboration over restriction.
Regret Missing the Notcoin Initial Boom? Don’t Let Best Crypto Presale to Buy Now Be Your Second Regret in 2025!
Let’s face it—crypto is a game of timing. Remember when Notcoin made headlines, and early investors laughed their way to the bank? If you’re reading this and kicking yourself for missing that ride, you’re not alone. But guess what? You’ve got a second shot at making it big. Enter BTFD Coin (BTFD) , the best crypto presale to buy right now, which has already raised over $5.5 million. With its presale in the 14th stage and over 66 billion coins sold to 9,200+ holders, BTFD is offering you an open door to the crypto elite. Now, let’s dive deeper into why BTFD Coin is the talk of the town and how it’s stepping into the spotlight after Notcoin paved the way. BTFD Coin: The Meme Coin Revolution You Can’t Ignore BTFD Coin (short for “Buy The Dip”) is the next big thing in the crypto world. Unlike most meme coins, BTFD isn’t just a trend—it’s a movement. Its presale is setting records, currently priced at $0.00016, and analysts are buzzing with predictions of a massive ROI post-listing. The coin is projected to hit $0.0006 after the presale ends, offering a whopping 275% return on investment. Imagine this: a $2,500 investment at the current presale price could turn into $9,375 once the coin hits its listing price. That’s the kind of math that gets hearts racing! But what makes BTFD stand out from other meme coins? Play-to-Earn Game: Launching on January 1, 2025, BTFD’s P2E game combines fun and financial rewards. Users can earn BTFD tokens while enjoying a thrilling gaming experience. Staking Rewards: With an incredible 90% APY, staking your BTFD tokens isn’t just profitable; it’s a ticket to passive income. Community Power: Dubbed the Bulls Squad, BTFD’s vibrant community is more than just holders—they’re investors, gamers, and die-hard enthusiasts. The presale performance speaks volumes about its potential. Over 66 billion coins sold, $5.5 million raised, and 9,200+ investors already on board. If you’re still hesitating, remember, that the train doesn’t wait forever. Referral Rewards: Multiply Your Gains Want to make even more money? BTFD’s referral program is as juicy as it gets. Here’s the breakdown: Share your unique referral code with your network. Earn 10% of every BTFD purchase made using your code if you rank in the top 20 on the leaderboard. Your referrals also get a 10% bonus for purchases above $50. The leaderboard resets monthly, so there’s always a new chance to win. With rewards tracked in real-time, you can watch your earnings stack up. Why just buy when you can help others join in and get paid for it? This is the beauty of this best crypto presale ! Notcoin: A Missed Opportunity That Still Haunts Notcoin made waves when it launched, proving that even a meme coin can deliver staggering returns if timed right. Launched with a playful theme and minimal hype, Notcoin became a sleeper hit, turning early $100 investments into tens of thousands of dollars within months. But as the price soared, the window of opportunity slammed shut for many. Notcoin’s history is a stark reminder of how quickly the crypto market can shift. From its humble beginnings to its peak price, Notcoin created millionaires almost overnight. Yet, not all news about Notcoin has been rosy. Its later stages saw diminished returns, with the market oversaturated and newer projects stealing the limelight. Fast forward to today, and Notcoin remains a reminder of what could have been. Analysts argue that its success was due to its early positioning in the meme coin space, coupled with a community-driven push that gave it its meteoric rise. However, those who got in late saw minimal gains—a lesson in why getting in early is crucial. With BTFD Coin following a similar trajectory but with far more utility and community engagement, it’s clear that history is repeating itself. The question is, will you seize this opportunity or let it pass you by again? Why Analysts Predict Big Things for BTFD Coin Crypto analysts are abuzz about BTFD’s potential. Its presale success alone sets it apart, but it’s the features and roadmap that have experts predicting a breakout year for the coin. The P2E game is already making headlines, with gamers excited to earn while they play. Plus, the staking rewards program—offering a jaw-dropping 90% APY —is expected to attract long-term holders, stabilizing the coin’s value. Analysts believe BTFD’s community-first approach, combined with its real-world utility, sets it apart from other meme coins. Unlike projects that rely solely on hype, BTFD is building an ecosystem where every participant benefits. Whether it’s through staking, gaming, or referrals, BTFD ensures there’s more than one way to earn. And let’s not forget the listing price of $0.0006. At that valuation, early investors are poised for returns that could rival Notcoin’s early success. If you’ve ever dreamed of turning a modest investment into a small fortune, BTFD’s presale is your golden ticket. Conclusion: Don’t Miss Out on the Best Crypto Presale to Buy If Notcoin taught us anything, it’s that early opportunities don’t wait. The best crypto presale to buy right now is undoubtedly BTFD Coin , with its stellar presale performance, engaging P2E game, and sky-high staking rewards. With $5.5 million already raised and the 14th presale stage underway, the clock is ticking. This isn’t just another meme coin; it’s a movement. Don’t let another golden opportunity slip through your fingers. Join the BTFD Coin presale today, and ride the wave of crypto’s next big thing. Sign up now before the dip turns into a peak! Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin
NOTUSDC now launched for USDC-M futures trading
Bitget has launched NOTUSDC for futures trading with a maximum leverage of 50 on January 23, 2025 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. NOTUSDC-M perpetual futures: Parameters Details Listing time January 23, 2025 15:00 (UTC+8) Underlying asset NOT Settlement asset USDC Tick size 0.000001 Maximum leverage 50x Funding fee settlement frequency Every eight hours Trading time 7*24 Depending on market risk conditions, Bitget may adjust the parameters from time to time, which may include the tick size, maximum leverage, and maintenance margin rate. [Futures] Bitget’s futures include: USDT-M Futures, Coin-M Futures and USDC-M Futures. Thank you for your support and attention to Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Phantom defends wallet safety amid allegations of ‘vulnerability’ endangering user funds
Phantom , a leading crypto wallet on the Solana blockchain, stated that a recently reported vulnerability does not pose a risk to user funds, following criticism from a security researcher known as @CloakdDev. In a public statement, Phantom apologized for communication delays and emphasized that it remains committed to security. It added: “We believe it does NOT make user funds vulnerable in any way.” However, Phantom did not provide further technical details or a timeline for any potential action. Similarly, Cloakd has also refrained from providing any technical details about the alleged vulnerability. The dispute The dispute became public on social media on Jan. 21 after Cloakd expressed frustration with Phantom’s response. The research stated in a social media post: “At this point, it’s becoming a joke – I can’t even get a response from their security team in terms of an update.” The researcher characterized the delay as concerning for a platform of Phantom’s scale and reach. Following Phantom’s response, Cloakd countered the wallet’s claim, asserting that the vulnerability “directly puts user funds at risk.” They urged Phantom users to take precautionary measures, including backing up their seed phrases and considering alternative wallets. The researcher advised: “Move to a different wallet as they clearly don’t take user security seriously – painfully obvious from this exercise.” The situation has sparked significant concern among users, with many questioning how wallet providers should balance transparency with ensuring security. Some community members sought advice from Cloakd on the severity of the risk and how to safeguard their assets. Cloakd’s recommendation to migrate to other wallets reflects growing dissatisfaction with how the issue has been handled. Mentioned in this article Phantom Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Analyst predicts Notcoin could dip to $0.0031
Notcoin (CRYPTO:NOT) has faced significant downward pressure over the past month, with a decline of 20.12% leading to concerns about further losses. Currently trading at $0.0055, NOT has dropped by 2.72% in the last 24 hours, reflecting a broader trend of bearish sentiment among investors. Analyst Ali Martinez has suggested that if current market conditions persist, Notcoin could see a further dip to $0.0031. This prediction stems from a breakdown of key support levels and reduced demand for Notcoin, as liquidity shifts towards newly launched tokens like the TRUMP (CRYPTO:TRUMP) coin. As investor confidence wanes, many holders are closing their positions and seeking more stable alternatives. Market sentiment analysis indicates a negative weighted sentiment for Notcoin, which has remained consistent for the past six days. This bearish outlook is further supported by data showing that 51% of traders are currently taking short positions on NOT, reflecting widespread expectations of declining prices. Additionally, Notcoin's open interest has fallen sharply from $29 million to $24 million, indicating that traders are exiting the market amidst heightened volatility. Unless buyers perceive the recent dip as an opportunity to invest, Notcoin may continue its downward trajectory. If the price falls below $0.0046, analysts warn that it could lead to even lower valuations. Conversely, if buyers step in, there is potential for a reversal that could push the price back up to $0.0061. At the time of reporting, the Notcoin (NOT) price was $0.005108.
Crypto community reacts to Melania Trump's memecoin: 'Gensler is laughing at us'
While President-elect Donald Trump's memecoin was largely met with skeptical enthusiasm from the crypto crowd, his wife's token launch has had a much harsher reaction. "This is obviously a huge disappointment as it will dilute the Trump coin as well as the fact that more are likely to come which will just make it into one giant mess," wrote popular trader Daan Crypto Trades on X. "Everything going to dillute each other, massive [player versus player] between every coin and in the end people are going to be severely hit." Melania Trump's token MELANIA went live just over an hour ago, amassing a $5.7 billion fully diluted valuation. Yet in achieving this, it has detracted massively from the Official Trump token , likely causing deep losses for many investors and potentially creating resentment among some of the 400,000 new entrants to the crypto space over the last few days. The price of TRUMP has fallen from $75 to around $45, bouncing off a low of $34 shortly following MELANIA's launch. "Incredible. They actually launched a second MELANIA memecoin right in the middle of the first, signaling zero scarcity and instantly crashing the value of TRUMP," said investor Balaji Srinivasan. "If this is actually true and it seems to be, Trump upside is probably very capped, no one wants to own something that constantly gets diluted," said popular crypto trader DonAlt on X. "All in all, a giant Trump fumble, might be the biggest self-inflicted mistake I've seen in crypto to date." Or put more simply, "DONALD NO!!! ONE WAS ENOUGH!!!" wrote Monad Director of Growth Kevin McCordic. Even worse tokenomics Memeland's Chief Chart Officer, known as Stats, commented, "The $TRUMP coin had the perfect dose of mystery and reality for people to think this might just be a big thing. Then they do this." They noted that while Donald Trump kept 80% of the supply for himself and his team, Melania Trump kept 88% (with an even faster vesting schedule ) and suggested the next Trump to launch a memecoin might keep even more. While Melania Trump's website says that around 45% of the supply is allocated to the community, public distribution and providing liquidity on decentralized exchanges, the current distribution is nowhere close. Blockchain data visualizer Bubblemaps noted that 89% of the supply of MELANIA remains in a single wallet, meaning just over 10% is currently available for trading. "The bubble map of $MELANIA does NOT match the distribution on their website," Bubblemaps said on X. Others noted that perhaps former SEC Chair Gary Gensler had not been exactly treated fairly in his crackdown on the crypto space. "I miss regulation by enforcement," joked Gwart, an anon once described as "crypto’s truth-telling funnyman." "Gensler is laughing at us," added db, a pseudonymous individual who runs a crypto news monitoring service. Much less planning Some observers pointed out the difference between the planning between the two memecoins. Conor Grogan, head of product business operations at Coinbase, said the wallet that created Melania Trump's token had previously traded on memecoin launchpad Pump.fun and wasn't a multisig (like Official Trump's was). "My guess is that this token was handled by a different team than TRUMP's. That one looks like professional market makers, this one honestly looks like a college kids," he posted on X. Cygaar, a software engineer contributing to Abstract Chain, pointed out Melania Trump's website was set up yesterday and doesn't even have Cloudflare protection. "So yeah, people are definitely grifting here. At least the Trump coin was planned weeks in advance," they noted.
TON DeFi lender EVAA Protocol raises $2.5 million in private token sale
EVAA Protocol, a DeFi lending platform for the TON ecosystem, raised $2.5 million in a private token sale. Participants in the recently closed round included Polymorphic, Baring Vostok, TON Ventures , Animoca Brands, CMT Digital, Mythos Ventures, Wagmi Ventures and angel investors, according to a release shared with The Block. EVAA Protocol provides lending, borrowing, shorting, leveraged staking and other decentralized finance (DeFi) services for the TON network . The platform aims to use its financing to eventually launch its own token called EVAA, with the overall goal of expanding TON's DeFi landscape. "DeFi technology continues to explode within the TON ecosystem," said EVAA Protocol Co-Founder Aleksandr Sudeikin in a statement. "With our unique product, global community, and financials, we are now in a great position to be a base layer for the whole TON DeFi." EVAA Protocol has integrated with OKX , Bitget, Tonkeeper, Tonhub, in addition to maintaining partnerships with TON Foundation, Notcoin, Storm Trade and other platforms, the release continues.
Regret Passing on Notcoin? Arctic Pablo Is the Best Crypto Presales to Buy in 2025
If you’re an experienced crypto investor or even an enthusiastic follower, you might have already been through this journey. You hear about a new coin like Notcoin, that seems too good to pass up, but somehow, you decide to sit it out. Maybe you thought, “It’s too early” or “The timing doesn’t feel right.” Now, fast forward, and Notcoin’s price has soared, and the opportunity has passed. You regret not jumping in earlier, knowing that you could have been part of something much bigger with just a little foresight. In this article, we’ll explore why Arctic Pablo Coin is quickly emerging as one of the best crypto presales to buy and how you can still secure your position in a project with huge potential for massive returns. Let’s dive into how this meme coin, built on adventure and mystery, is ready to reward early supporters with skyrocketing returns—something that may remind you of your missed opportunities with Notcoin. Arctic Pablo: A Tale of Treasure and Transformation Arctic Pablo is not just another meme coin—it’s a whole adventure wrapped in cryptocurrency form. Set against an icy, mythical land, Arctic Pablo Coin ($APC) embarks on an exploration like no other. Picture this: an explorer named Arctic Pablo, driving a snowmobile across vast frozen terrains, is in search of mystical treasures, each one representing wealth and potential for his community. This coin’s story is immersive and engaging, creating a world where your investment isn’t just about buying tokens, but about joining an adventure. As Arctic Pablo ventures through different realms—each representing a new “location” in the presale—he uncovers hidden treasures that unlock massive gains for early investors. Each week, Pablo moves to a new location, and with every new location comes a rise in the token price. And here’s the kicker: if the treasure is discovered earlier than expected, the price increases faster, and any unsold coins are burned at the end of every week, increasing scarcity and value. Arctic Pablo is a unique meme coin presale that combines adventure with deflationary economics. The early stages of this presale are set at low entry points, with the price increasing each week. But the real magic lies in the coin’s burn mechanism, ensuring that their value is driven up as fewer tokens circulate. Early investors in Arctic Pablo Coin ($APC) stand to gain huge returns, potentially over 39,900% in ROI, as the price rises during the presale stages and the official launch. It is one of the Best Crypto Presales to Buy . Notcoin: A Missed Opportunity or Just the Start? We all know the feeling—the “I should’ve gotten in earlier” regret. When Notcoin took off, many crypto enthusiasts saw its rapid rise and thought, “This is the one I missed.” During its presale, Notcoin was priced at a mere fraction of a dollar, offering a generous early-bird discount to those who were savvy enough to get involved. As the project gained momentum and demand grew, Notcoin’s price surged—leaving early investors sitting pretty with massive profits. But here’s the thing: Notcoin may have been a missed opportunity, but it’s not the end of the road. Just because you didn’t get in on Notcoin doesn’t mean you’ve lost your chance to make it big in the crypto world. Arctic Pablo Coin could be the next Notcoin—if not better. Unlike Notcoin, Arctic Pablo offers a compelling narrative that immerses investors in a world of adventure, scarcity, and wealth-building potential. Conclusion Based on our research and market trends, Arctic Pablo Coin ($APC) is quickly emerging as one of the best crypto presales to buy in 2025. Combining an engaging narrative, deflationary tokenomics, high ROI potential, and a staking program with an impressive 66% APY makes Arctic Pablo an exciting opportunity for new and seasoned investors. Don’t let another Notcoin pass you by—this is your chance to get in on the ground floor of something truly special. With its unique approach, growing community, and increasing demand, Arctic Pablo Coin is set to become one of the most talked-about projects of the year. Join the presale now, secure your tokens, and be part of the adventure that could lead you to massive returns. Now’s the time to act. Don’t miss out—join the Arctic Pablo presale today and start your journey to riches! For More Information: Arctic Pablo Coin: https://www.arcticpablo.com/ Telegram: https://t.me/ArcticPabloOfficial Twitter: https://x.com/arcticpabloHQ Disclaimer: This article is a sponsored press release for informational purposes only. Coinsprobe does not endorse or guarantee the accuracy, quality, or reliability of any content, products, or services mentioned. The views expressed do not reflect those of Coinsprobe and are not financial, legal, or investment advice. Investing in crypto assets carries significant risk. Readers should conduct their own research and act at their own risk. Coinsprobe is not liable for any losses or damages arising from reliance on this content.
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