SunPump, the Tron-based meme token launch platform, added a live streaming feature in partnership with DLive. Users can now link DLive streams directly to tokens on SunPump.
pump.fun user @Fi2hrx, revealed to be a high schooler, created Gen Z Quant (ticker QUANT) on November 20. Promoting his coin via livestream, he managed to sell 51 million tokens for $29,600.
The developers at Zerion have rolled out the mainnet for their L2 blockchain, ZERO, enabling wallet users to issue, trade, and transfer tokens without gas fees, powered by zero-knowledge proof (ZK) technology.
The Avalanche Foundation has finalized the acquisition of 1.97 million AVAX tokens from the liquidated Luna Foundation Guard (LFG). LFG initially acquired these tokens to support the Terra blockchain ecosystem during its active period.
Tron founder Justin Sun and Yearn Finance founder Andre Cronje allege that Coinbase demanded multi-million dollar fees to list their tokens on its platform, while Binance, for instance, charged them nothing.
In a few hours, World Liberty Financial successfully sold over 340 million WLFI tokens, generating approximately $5.5 million. The sale saw 3,000 unique wallets become token holders. However, the platform faced multiple issues, including lags and system errors, caused by a surge in demand.
The Layer 1 blockchain Sui is at the center of a controversy following allegations of insider trading. Some users allege that insiders connected to the project managed to make substantial profits from a surge in SUI’s price, selling their tokens just before the broader market correction.
FBI agents set up a fake company called NexFundAI, which issued several tokens on the Ethereum blockchain. The aim was to stage a trap to expose market makers involved in market manipulation and catch the fraudsters red-handed.
On November 29, Hyperliquid unveiled its native token, HYPE, during a token generation event. The coin has since reached a market cap of $1.6 billion, securing 80th place in the global rankings and outpacing tokens like Jupiter, Lido DAO, and Flow.
While Bitcoin grabs attention with record-breaking price rallies, Solana quietly takes the lead in hosting newly launched tokens. As of now, 89% of all new projects have chosen Solana as their starting point.
Several DeFi sector cryptocurrencies posted daily gains exceeding 20% after Donald Trump appeared as the clear winner of the U.S. presidential election on November 6. Investors are optimistic that the new White House administration will foster a more favorable climate between regulators and the crypto industry.
The U.S. Department of Justice has filed charges against Aleksei Andriunin, the 26-year-old Russian founder of Gotbit, alleging his involvement in a large-scale cryptocurrency market manipulation scheme. According to investigators, Gotbit provided services that artificially boosted trading volumes for tokens of various crypto companies, including some based in the U.S., with the intent to manipulate prices.
On October 18, Tether Gold (XAUT) and Pax Gold (PAXG), cryptocurrency tokens tied to the price of physical gold, reached historic highs. XAUT hit $2,715.92, according to Coingecko, while Paxos' gold-backed token peaked at $2,723.
Hyper Foundation announced the upcoming airdrop of HYPE, a native token for the Hyperliquid blockchain ecosystem. Eligible users will receive the tokens in their wallets at the Genesis Event, with the final date to review and accept the event’s terms set on November 11, 2024.
On October 9, 2024, the Optimism L2 blockchain team announced their 5th airdrop. As part of this event, 10.2 million OP tokens (roughly $16 million at current prices) will be distributed to 54,000 users.
Scroll has shared the tokenomics for their upcoming token in a recent Twitter post.
Sonic, a Layer 1 blockchain (formerly Fantom), is gearing up to distribute its new S token to loyal users through a unique airdrop. Sonic Labs will release about 200 million tokens, incorporating a deflationary mechanism based on a linear burn model.
