Nearly all DOGE liquidation activity in the past 24 hours stemmed from long positions, with only about $600,000 worth of shorts, or bets against the token, being liquidated.
The validator further revealed that the ticker and name used for the scam token are not unique on the XRP Ledger.
The filing also reflected the sentiments of many FTX customers who feel disillusioned, viewing the bankruptcy process as a “second act of theft”.
Bitcoin’s decline triggered a chain reaction, impacting other cryptocurrencies, including Ethereum, which dropped 2.18% to around $3,440, while meme coins like Shiba Inu, PEPE, Dogwifhat, and Floki fell over 10%.
HashKey also announced an airdrop event in late June that aims to reward those who have contributed to the firm’s ecosystem.
Industry experts are trying to figure out the origins of a Solana-based meme coin DJT and the moniker “Trump coin”. DJT is the stock symbol of Truth Social, Donald Trump’s own social media platform.
The native token of Aave (AAVE) has experienced an 8% decline in the past 24 hours, despite the fundraising efforts disclosed by the CEO of the parent company.
In addition to the forced vesting structure, Ethena Labs has rolled out staking options for users looking to earn passive income within the ecosystem.
Uphold’s announcement follows similar actions from other popular exchanges, including Binance, Kraken, OKX, and others.
While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter.
USD-pegged stablecoins could help the US maintain an hedge over the rising dominance of the Chinese yuan, said former House Speaker Paul Ryan.
FLOCKA adds to the growing list of celebrity-endorsed meme coins, a trend that has gained momentum in the past few weeks.
Notcoin (NOT) is trading 39.19% off from its all-time high witnessed 15 days ago at a price of $0.02896 after the digital asset was listed on the Binance.
For Ethereum, Kaiko Research stated that the approval of the Ethereum ETF will lead to a long-term increase in price.
The liquidations primarily took place on centralized exchanges, with Binance recording the largest single liquidation order of around $4.21 million.