Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

Veröffentlicht am

Meme coin news: DOGE ETF update, LIBRA rallies 80%, Shibarium transactions skyrocket

  • Dogecoin exchange-traded fund expected on November 24.
  • LIBRA decouples as the team buys the Solana dip.
  • Shibarium transactions soar 78%, reflecting renewed user activity.

Virtual currencies displayed bearishness today as Bitcoin eyes further dips below $90,000, with altcoins hinting at further declines.

This article highlights tokens stealing the show in the meme token landscape, specifically Dogecoin, LIBRA, and Shiba Inu.

Grayscale’s DOGE ETF nears launch

The original meme cryptocurrency remains on the crypto community’s radar as debates around Grayscale’s anticipated Dogecoin exchange-traded fund surge.

Bloomberg’s ETF analyst Eric Balchunas expects the product to launch on November 24, citing the SEC guidance. He said:

I believe Grayscale will be out with the first Doge ETF in a week, 11/24. We’ll see, won’t be 100% till exchange notice, but based on SEC guidance, it looks good.

An approval would mark a breakthrough for Dogecoin and the entire meme market.

While these assets often drive the broader cryptocurrency industry, they have faced increasing criticism as they are hype-driven without intrinsic value.

A Dogecoin ETF will magnify the digital token’s visibility and credibility.

Moreover, regulated use cases will catalyze stable growth for DOGE.

The community expects Grayscale’s Dogecoin exchange-traded fund to launch soon.

Altcoin ETFs have gained traction since Solana, Litecoin, and Hedera started the wave on October 28, with approvals now almost a guarantee.

DOGE is trading at $0.1585 after losing 1.20% and 10% in the past 24 hours and week, respectively.

LIBRA skyrockets 100%

While bears rattled the overall cryptocurrency market, LIBRA decoupled with an explosive 103% surge.

It is one of the few tokens with gains today.

The meme’s sharp jump emerged after revelations that the LIBRA team purchased Solana.

According to blockchain investigator Lookonchain, they spent 61.59 million USDC to purchase 456,393 SOL.

The accumulation signaled confidence in Solana’s performance after the alt dropped nearly 15% the previous week.

Therefore, LIBRA’s rally isn’t organic, and the 60% decline in 24-hour trading volume could testify to that.

The themed token will likely erase its gains in the coming sessions, unless trading activity resurges amid improved broader sentiments.

Shibarium transactions jump 78%

Shiba Inu’s L2 scaling solution Shibarium saw an uptick in transactions recently, signaling renewed user activity.

According to Shibariumscan data, the platform’s daily transactions increased from 2.43K on November 16 to 4.33K within 24 hours – a roughly 78% increase.

This comes after Shibarium experienced reduced activity in early last month, with 24-hour transactions plunging to 1,500 on November 5 – a whopping 88% dip from October 24 peaks.

While the layer 2 records notable recoveries, Shiba Inu’s price continued to underperform.

SHIB lost 10% of its value in the last seven days, now trading at $0.000008856.

The alt remained relatively stable in the past 24 hours, shedding 0.95%.

Its trading volume increased by 17% in that timeframe, indicating trader interest.

Meanwhile, broader sentiments continue to influence the performance of meme cryptos.

Selling pressure dominated the crypto landscape as “Extreme Fear” gripped the market.

Nevertheless, Fundstrat’s Tom Lee expects the market to bottom as soon as this week.

The post Meme coin news: DOGE ETF update, LIBRA rallies 80%, Shibarium transactions skyrocket appeared first on CoinJournal.

Veröffentlicht am

Aave introduces mobile savings app with 9% interest and insurance protection

  • The mobile application aims to compete with banks and leading fintech firms.
  • Users will earn up to 9% annual interest with insurance protection on deposits of up to $1 million.
  • Individuals can use stablecoins, bank accounts, or debit cards to fund accounts and enjoy 24/7 interest.

Aave Labs, the organization behind the lending protocol Aave, is shaking the industry of personal finance with its new savings app.

Introduced today, the Aave App aims to rival high-yield financial companies and traditional banks, offering users a chance to amplify earnings on their deposits without sacrificing security.

Most importantly, the innovative monetary application is offering annual interest rates of up to 9%.

Furthermore, Aave App boasts insurance protection for deposits up to $1,000,000, a staggering increase from the industry standard of $250,000.

The soon-to-launch Aave App presents a lucrative alternative to savers looking beyond low yields from traditional banks.

The official website indicates:

Aave is introducing insurance-backed protection for Aave App customer balances, providing up to $1,000,000 in coverage per eligible customer once active, subject to maximum policy limits and conditions.

Convenient funding options

The Aave App prioritizes user-friendliness.

Individuals can use debit cards or linked bank accounts to fund their accounts, with more than 12,000 deposit options at their disposal.

While traditional funding methods have daily limits, stablecoin users enjoy unlimited transfers, guaranteeing heightened flexibility for crypto-native users.

Meanwhile, the combination of DeFi tools and traditional banking access reflects Aave’s commitment to merging the new and old financial worlds.

Blockchain investors can now enjoy higher returns and institutional-level security.

Interest accrues 24/7

One of the most lucrative functionalities of Aave’s mobile application is that interest amasses around the clock.

Moreover, the app has an initial base rate of 5% per year. Users can increase their earnings through various on-chain tasks.

Users will receive interest via the decentralized Aave lending protocol, which lends deposits to borrowers.

While such a lending approaches carry higher risks, Aave combines the returns with insurance protection.

That gives DeFi users peace of mind that the new finance world is promising.

Incentives beyond the interest

Aave encourages participation through various earning opportunities besides the base rate.

Users can magnify their returns by inviting family and friends to the app, completing KYC to verify identity, and automating deposits.

The lender tapped into a gamified approach to bolster adoption and maximize user returns.

The platform’s incentive model also reflects a difference between traditional banks and decentralized finance apps like Aave.

With blockchain, users can maximize their returns without exposing themselves to extra monetary risks.

AAVE price outlook

The protocol’s native token turned bullish after the Aave App updates.

It is trading at $175 after an over 3% increase on its daily chart.

The soaring 24-hour trading volume signals renewed optimism in AAVE.

While the altcoin eyes extended gains, deteriorated broader sentiments suggest short-lived uptrends for AAVE.

The post Aave introduces mobile savings app with 9% interest and insurance protection appeared first on CoinJournal.

Veröffentlicht am

Smart trader shifts to Hyperliquid’s HYPE after pocketing $2.5M profit on STRK

  • A savvy trader locks in over $2.5M on a Starknet long position opened three days ago.
  • He has rotated to HYPE with a 10x long worth roughly $2.98M.
  • Hyperliquid’s token could be poised for an upward move.

Smart money participants are celebrating profits despite the current broader bearish sentiments, which underpins Bitcoin around $95,000.

One trader is grabbing attention with his high-stakes leveraged bets.

According to on-chain tracker Lookonchain, the player has secured over $2.5 million in returns after a well-timed long on Starknet (STRK), executed three days ago.

Most interestingly, he has redirected attention to a new position, going long on Hyperliquid’s HYPE with a substantially higher leverage of 10x.

These back-to-back moves are coming as uncertainty engulfs the financial landscape, with most traders opting for wait-and-watch and caution.

Meanwhile, the latest trade has fueled optimism among HYPE holders, as it indicates confidence in the altcoin’s potential rally in the near term.

An STRK long that hit its target

Blockchain data shows the wallet opened a 5x long on 29.5M Starknet tokens, a position worth roughly $6.7 million, three days ago.

The player entered just as STRK began creating a short-term base.

The digital token has remained on the watchers’ radar lately due to ecosystem upgrades, a thriving staking marketplace, and uncertainty linked to overall market downsides.

While many hesitated as fear crippled the cryptocurrency sector, the smart trader joined before the short-lived rally started, riding a clean uptrend.

His profit surpassed $2.5 million as Starknet extends its recovery, now up 30% the past seven days.

STRK is trading at $0.2104 after losing 8% the past 24 hours amid broader weakness and profit-taking after the latest surge.

HYPE set to rebound after POPCAT scandal?

Hours after the STRK returns emerged in trackers, the trader entered a new position – a long on 77,598 HYPE, worth approximately $3 million, with a significantly higher 10x leverage.

The timing drew attention.

Hyperliquid has been among the most-watched DEXs the past week, following POPCAT’s manipulation, which saw the platform temporarily halt withdrawals.

HYPE endured substantial bearishness following the event, losing more than 10% of its value in the past week.

With the wallet’s transaction becoming some sort of sentiment indicator, enthusiasts trust HYPE is poised for a rebound as the exchange’s manipulation debates settle.

Committing almost $2.98 million to a 10x long underscores the conviction of short-term uptrends amidst broader market struggles.

HYPE remained relatively stable the past 24 hours, losing only 1.40% to trade at $38.41.

Technical indicators display neutral conditions as HYPE eyes the next move.

The Moving Average Convergence Divergence remained relatively flat with the signal line on the 1-hour chart.

Also, the Relative Strength Index at 48 suggests indecisiveness.

For now, market players are watching to see whether the smart whale turns into a reliable signal.

If his history rhymes, HYPE could be poised for a near-term rebound.

The post Smart trader shifts to Hyperliquid’s HYPE after pocketing $2.5M profit on STRK appeared first on CoinJournal.

Veröffentlicht am

BlackRock’s BUILD launches on BNB Chain as RWA momentum accelerates

  • The largest tokenized RWA has debuted on BNB Chain.
  • Investors can now access tokenized US dollar yields on a user-friendly platform.
  • Real-world assets top $36 billion after a 6% increase in the previous month.

BNB Chain has welcomed a new resident today as BlackRock’s USD Institutional Digital Liquidity Fund (BUILD) went live on the platform.

The strategic launch, powered by Securitize’s compliant tokenization platform and Wormhole, adds one of the most regulated digital assets to Binance’s thriving financial ecosystem.

The strategic move comes as real-world assets see massive traction, with their value up 6% the past month to surpass $36 billion.

BUILD’s debut reflects the convergence between blockchain and traditional finance.

BlackRock is a leading asset manager and is now bringing its trust, base, and compliance to BNB Chain, a platform known for accessibility, low fees, and high speed.

Commenting on today’s arrival, BNB Chain Head of Business Development Sarah Song said:

BNB Chain is designed for scalable, low-cost, and secure financial applications, and we’re excited to welcome BUILD to our ecosystem. BUILD is turning real-world assets into programmable financial instruments, enabling entirely new types of investment strategies on-chain.

Meanwhile, the development introduces a new share class on Binance’s ecosystem, offering eligible investors access to a tokenized US dollar yield in a blockchain setup.

BlackRock’s tokenized asset also secures new utility. Binance will now accept BUILD as collateral.

That allows professional traders and institutions to deploy cash smoothly without surrendering exposure to Treasuries-linked RWAs.

That use case underscores the broader shift in how on-chain systems integrate real-world assets.

These products are maturing from static representations to practical instruments that can function across DeFi and TradFi environments.

Leveraging Securitize’s compliant infrastructure

Securitize, a regulated tokenization firm boasting more than $4 billion in tokenized AUM (assets under management), is powering BlackRock’s expansion into BNB Chain.

Securitize handles everything from fund administration to digital transaction agency services.

That ensures that clients access enterprise-level RWAs within regulated frameworks.

At the same time, BUILD unlocks new use cases that were previously absent for real-world tokenized assets.

According to Securitize CEO Carlos Domingo:

Expanding BUILD to the BNB Chain and making it available as collateral on the Binance exchange further extends its accessibility and reinforces our mission to bring regulated real-world assets on-chain while unlocking new forms of utility that were previously out of reach.

RWA and stablecoin market thrive

BUILD’s launch on BNB Chain comes as on-chain real-world assets see impressive growth.

RWAxyz data shows the value of RWAs on public blockchains increased by 5.91% the past 30 days to $36.06 billion.

Furthermore, the number of holders surged 10.78% to 537,549, with asset issuers hitting 249.

Such figures reflect a flourishing ecosystem of enterprises tokenizing regulated real-world assets.

Stablecoins also steadied despite crypto market turmoil, with their value up 0.79% in a month to $299.76 billion.

Moreover, stablecoin holders increased by 3.39% in that timeframe to $202.89 million, indicating unwavering demand for digitized financial instruments that guarantee liquidity, compliance, and stability.

The post BlackRock’s BUILD launches on BNB Chain as RWA momentum accelerates appeared first on CoinJournal.

Veröffentlicht am

Plume network crashes to new all-time low as crypto sell-off deepens

  • PLUME hit an all-time low of $0.035, which had the token down 85% from its March peak of $0.247.
  • Losses came amid sustained bearish pressure, with a 26% single-day crash erasing millions off its market cap.
  • Plume Network saw a total of over $440,000 in futures liquidations, most of it longs.
As markets bled, Plume Network’s price dropped sharply to hit an all-time low of $0.035 and rank among the top losers in the past 24 hours across crypto.

PLUME, the native token of the blockchain platform dedicated to bridging traditional finance with decentralized ecosystems, plummeted as Bitcoin flipped red.

BTC fell to a new multi-month low, erasing significant gains as bulls failed to defend levels all the way to $95,800.

Plume price drops to a new all-time low

The PLUME token traded at $0.0349 at the time of writing, having reached unprecedented new all-time lows amid a fresh crypto crash.

Initially, the altcoin surged on hype surrounding Plume’s full-stack RWA chain to hit $0.247 in March. But its price has declined steadily since, and accelerated to the latest low amid heightened selling pressure.

Plume Price
Plume Network chart by CoinGecko

In the past few months, whale addresses have sporadically dominated accumulation rounds.

However, retail panic has taken on the upper hand. Market data shows over $440,000 in 24-hour liquidations, seeing long positions dominating at over $392,000.

Per CoinGecko, Plume has recorded over $60 million in daily trading volume. That’s an 83% spike in the past 24 hours, which highlights the corresponding selling.

What’s next for PLUME price?

For Plume, a sustained break below $0.035 could invite further capitulation. Potentially, bears might fancy $0.03.

Notably, this dump arrives despite robust fundamentals. Plume’s SEC registration as a transfer agent in Q3 2025 has unlocked pathways for regulated tokenized securities and on-chain IPOs.

Furthermore, recent integrations, such as the acquisition of liquid staking protocol Dinero, bolster institutional appeal.

However, social sentiment has soured amid macroeconomic strains, including jitters around the Federal Reserve’s interest path.

Analysts say the odds of a rate cut in December have fallen, and reaction has largely been negative.

Despite the carnage, Plume’s long term outlook could mirror expected rebounds for the crypto sector. Nest Protocol’s recent relaunch, with 100 million PLUME allocation to stakers, has drawn significant interest.

This means recovery could hinge on bulls reclaiming $0.05 support.

A broader uptick in RWA adoption and overall bullish strength could allow for a potential rebound to $0.075 and likely $1.

Nonetheless,  the 26% dump could accelerate downside action if uncertainty further grips the market. That $0.03 mark is critical for bulls over the coming weeks.

Over the past week, the Plume price has plunged by nearly 30%. It’s down 64% in the past three months.

The post Plume network crashes to new all-time low as crypto sell-off deepens appeared first on CoinJournal.