Author: Yeek.io
WHITEWHALE crypto surged over 72% in the past 24 hours, erasing some of the losses seen over the past week since the post-launch rally. The memecoin had crashed by over 86% since reaching its peak cap last week. Trader activity, particularly from bad actors, has influenced the memecoin’s anomalous performance. Team uncovers spoofing orders from some exchanges First, this memecoin’s crash was manufactured. The WHITEWHALE team uncovered a series of spoofing sell orders on some exchanges, like MEXC. Through a statement on X (formerly Twitter), The WhiteWhale Team reported, “A little over a week ago we detected active market manipulation…
Dogecoin has gained a new layer of institutional legitimacy with the launch of a Dogecoin exchange-traded product [TDOG] by 21Shares on 22 January, in the US. However, the memecoin’s price action suggests the market is yet to treat the development as a bullish catalyst. The product offers regulated exposure to Dogecoin and marks one of the most serious attempts yet to package the meme token for traditional investors. Despite the milestone, DOGE has continued to trade lower, extending a multi-month downtrend. ETF access arrives as DOGE trades near cycle lows At the time of writing, Dogecoin is trading around $0.124,…
Quick take: The company plans to use the fresh capital to accelerate its ongoing projects as it seeks to bring WallStreet on-chain through tokenization. Superstate said it has already tokenized over $1.2 billion in assets since its $14 million Series A raise in November 2023. The company also built Opening Bell, a platform that enables public companies to tokenize their shares on Ethereum and Solana, as well as raise follow-on capital through Direct Issuance Programs. Superstate, the real-world asset tokenization platform targeting publicly listed companies, has raised $82.5 million in a Series B round led by Bain Capital Crypto and…
Trump Media (Nasdaq, NYSE, Texas: DJT) has set the 2nd of February for a token airdrop for shareholders who hold at least one whole DJT stock, as part of its blockchain rewards strategy. The firm, associated with U.S. President Donald Trump, owns the social media platform Truth Social and fintech firm Truth.Fi. The plans were first announced last year and have now advanced to the final stages. The associated rewards would be tied to discounts and benefits for the firm’s products, spanning Truth Social, its prediction market, Truth Predict, and its streaming platform, Truth+. Interestingly, the move comes at a time…
Quick take: Jack and part of the Clanker team will be joining Neynar, the Ethereum infrastructure developer, announced on Wednesday. Neynar’s vision for Farcaster is to enable builders to go from idea to recurring revenue, supported by a builder-first network. The company plans to create a unified platform for software generation and crypto native rails in a builder-focused ecosystem. Ethereum infrastructure developer, Neynar, has announced the acquisition of social media protocol, Farcaster, from Merkle. As part of the acquisition, Neynar will now maintain the Farcaster protocol, run the Farcaster clients, and operate Clanker, the company said in a blog post…
U.S. Oil [USOR] memecoin exploded by 268% over the past seven days. But on-chain data suggested caution to avoid massive losses despite its recent attractive returns. The memecoin added another 53% to its explosive weekly rally amid U.S.-Venezuela tensions. With the outsized gains and social media hype, retail interest doubled. Notably, a possible whale player or insider scooped $370,000 worth of the USOR, with social media commentators calling it ‘conviction’ from ‘smart money.’ However, over the past few hours, the token’s price crashed by 98%, dropping from $0.16 to $0.00394 and wiping out many retail traders. Source: USOR/USD, TradingView The…
Quick take: The company’s Ondo Global Markets trading platform now expands to Solana, after being initially only available on Ethereum and BNB Chain. Traders will be able to trade U.S. stocks across all sectors, ETFs, market indexes, and sector funds. They will also be able to trade Gold, silver, oil, strategic metals, as well as Treasury and corporate bonds, and Leveraged and inverse ETFs, among others. Ondo Finance has launched Ondo Global Markets on Solana. The launch expands the tokenized securities trading platform to three chains, including Ethereum and BNB Chain. The expansion allows Solana users to now access Wall…
The king of memecoins, Dogecoin, faced a steep fall of over 24%, nearly erasing all its 2026 gains. This sharp sell-off coincided with broader market weakness, as Bitcoin lost $94K, affecting the entire cryptocurrency market. Arkham and SosoValue data reveal some moves that might be giving a deeper story. What really happened specifically to DOGE? ETF outflows: A warning sign for DOGE? On the 20th of January, Dogecoin saw ETF outflows totaling 406.96K. This followed a week of muted flows, indicating a shift in investor sentiment. Source: SoSovalue ETF outflows typically indicate preparation for a sell-off, and with DOGE’s recent decline,…
The Pump Fund is a new investment arm designed to back early-stage teams through participation, rather than traditional venture processes. The initiative opened with a $3 million “build in public” hackathon, making community traction the main funding filter. Source: X Instead of pitching to judges, selected teams receive funding based on how well their projects resonate publicly. Participants are required to launch a token, retain a portion of the supply, and show visible progress. The idea is to let real users decide what deserves capital. The move is the latest in Pump.fun’s recent efforts to reduce rug risks and support…
Shiba Inu’s price continued its recent retreat amid waning sentiment in the crypto market amid geopolitical risks. Summary Shiba Inu price has formed a large falling wedge pattern, pointing to a strong rebound. The supply of SHIB tokens in exchanges has continued falling this year. A rebound may see it rebound to the key resistance level at $0.000010. Shiba Inu Coin (SHIB) retreated to an intraday low of $0.0000087, down 3.68% for the day and down 25% from its highest point this year. It remains 78% below its 2025 high, with its market cap falling to $4.5 billion. SHIB declined…