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What is Sui (SUI)?
Sui is an innovative Layer-1 blockchain network characterized by its high speed and parallel processing capabilities. In other words, the Sui network is a platform designed from the ground up to improve scalability and user experience in the Web3 world. So what is SUI coin? SUI is the native cryptocurrency of this network. The Sui network uses the SUI token to execute transactions, perform smart contract interactions and secure the network. At a basic level, this is how we can answer the question “What is Sui?” - a blockchain project that stands out for its strong technical infrastructure and the native token that powers it.The team behind Sui is made up of developers with experience from Facebook (Meta)'s failed Diem cryptocurrency venture. This team founded a company called Mysten Labs and brought Sui to life. So, what is Sui Network? The Sui network uses Move as its programming language and has an unusual architecture called the object-oriented data model. Their goal is to bring blockchain technology to the masses: Integrating Web3 applications into everyday life by offering high transaction speed, low latency and a user-friendly experience. In this guide, we'll cover all the important details, from Sui's emergence, SUI technical specifications, SUI token offering and the coin's vision, to its history. Of course, we'll get to the "What is Sui coin?" question too.Definition and Origin of SUISui is defined as a Layer-1 blockchain network capable of high-speed and parallel transactions. This means that it operates at the base blockchain layer (in the same category as platforms like Ethereum, Solana, etc.) and is designed to process a large number of transactions simultaneously. The major difference that makes this possible is that it processes data as objects, not blocks, and thus offers the ability for parallel processing. While in traditional blockchains all transactions are confirmed in sequential blocks, in Sui, transactions can be executed independently based on the cryptocurrencies they interact with. This means that unrelated transactions can take place simultaneously (in parallel), significantly increasing the efficiency of the network. As a result, Sui can theoretically reach very high transaction capacities and aims to provide users with an instant transaction experience with low latency (no delay in the confirmation speed of transactions).Another technical foundation of Sui is that it is built on the Move programming language. So what is SUI Move language? It is a specialized language originally developed for Facebook's Diem project, designed for writing smart contracts. Because Move was developed to securely manage cryptocurrencies and permissions, it adds security and flexibility to Sui's smart contract infrastructure. In particular, some of the vulnerabilities seen in Ethereum's Solidity language (such as the smart contract vulnerability called reentrancy) are not found in Move. This is because the language design itself prevents such bugs. By adopting this security-oriented approach and object-oriented structure of the Move language, Sui network says it offers developers a more secure and easier smart contract development experience. Sam Blackshear, CTO of Mysten Labs (creator of the Move language), emphasizes that thanks to Move, smart contracts are both fault tolerant and increase developer productivity.Sui's emergence is directly rooted in the experience of Meta (Facebook)'s cryptocurrency startup. When Meta's once-heralded Libra project (Diem) hit regulatory hurdles and failed to materialize, some of the key figures involved in the project decided to move on. Experts such as Evan Cheng, Sam Blackshear and George Danezis, who worked on Meta's Novi/Diem team, founded Mysten Labs in 2021. Using the know-how from the Diem project, the team started the Sui project with the goal of creating a new L1 network that is fully decentralized, scalable, and developer-friendly. In short, Sui was created by a team born out of Meta's Diem project to utilize the technologies developed in that project (in particular the Move language) in a broader blockchain vision. Incidentally, Sui is often compared to Aptos, another project with the same origins. Aptos is another product of the former Diem team. It also uses the Move language and launched in 2022. In Aptos vs Sui comparisons, the two networks are said to have similar underpinnings but different technical approaches. For example, Aptos organizes blockchain data around accounts, while Sui adopts an asset-oriented model and emphasizes parallel processing capability more.History of the SUI: Key MilestonesThe Sui project is a relatively new one. But in a short time it has experienced many important milestones. Below we take a look at the key developments in the Sui network's history:Mysten Labs was founded in 2021: When it became clear that Facebook's Diem project would be canceled, five veterans of the project (Evan Cheng, Sam Blackshear, Adeniyi Abiodun, George Danezis and Kostas Chalkias) came together to found Mysten Labs. The company's goal was to build a new blockchain infrastructure using advanced technologies developed at Diem. During this year, the Sui concept began to take shape and basic development work began.In 2022, the first testnet version was released: Sui's first public trials took place this year. First a Devnet (developer network) was released for developers curious about the answer to the question: What is the Sui network? Then, towards the end of the year, the Testnet phase started. In November 2022, the first testnet, called Sui Testnet Wave 1, went live and operated successfully for several weeks. During this testing period, independent validators ran Sui nodes to test the performance and stability of the network. By December 2022, the first wave of testnets was successfully completed and Sui continued to prepare for the transition to the main network. Throughout 2022, the Sui project started to arouse curiosity in the crypto community, and early adopters were able to experience what Sui coin was for on the testnet.In 2023, the network went live: The most critical period for Sui was 2023. In April 2023, Mysten Labs launched the Community Access Program for Sui's native token, SUI coin. While many expected Sui to do a big airdrop (free token distribution), the team instead offered early backers and testers the opportunity to purchase a certain amount of SUI tokens. Thanks to this community sale, Sui tokens entered circulation for the first time. Then, on May 3, 2023, the Sui mainnet was officially launched. With the mainnet launch, the SUI token was listed on exchanges and the Sui network was officially launched. With the production of the first blocks, Sui began to operate as a decentralized blockchain available to everyone. During this period, major exchanges added SUI to their listings and Sui coin reached a wide investor base. In the early days of Mainnet, the total supply of SUI tokens was set at 10 billion units, of which around 5% were already in circulation. So SUI token economics (SUI tokenomics) was also recognized as robust by the community.After the launch, the ecosystem continued to grow: With the launch of Mainnet, the first applications in the Sui ecosystem started to emerge. In particular, NFT projects, blockchain-based games and DeFi protocols started to appear on the Sui network. For example, decentralized exchanges (DEXs) and lending/borrowing finance applications running on Sui have started to gather users. NFT marketplaces also started minting the first digital collectibles on the Sui network. Sui's promises of high transaction speed and low cost provided an attractive environment for such applications to scale. By the end of 2023, transaction volume and total locked asset value (TVL) on the Sui network were on a rapid upward trend. According to some reports, Sui even increased its total locked asset value by a phenomenal 2000% in just a few months. Examples from the SUI ecosystem. Source: Sui Station What happened in 2024: 2024, the first full year of the Sui mainnet, was a year of increased network maturity and adoption. In January 2024, a major protocol update codenamed “Mysticeti” was implemented. This update further reduced transaction latency on the Sui network. For example, normal token transfers are already finalized in as little as ~0.4 seconds, while complex transactions on decentralized exchanges are reduced from 2-3 seconds to around ~1 second. This was seen as a very important improvement for real-time applications (games, payment systems). In 2024, we also collaborated with Circle to integrate the USDC stablecoin on the Sui network. Thanks to this integration, which went live in October 2024, Sui users were able to make USDC transfers directly on the network, providing a significant flow of liquidity to DeFi protocols in the Sui ecosystem. By the end of the year, Sui had entered the top 20 cryptocurrencies in terms of market capitalization and had become a rich ecosystem with over 200 dApps (decentralized applications).Record price in 2025: As of 2025, SUI Coin is performing remarkably well in the market. In April 2025, the SUI price is around $3.4. SUI's all-time high price was recorded at $5.35 on January 6, 2025, down about 35% from the current price. The lowest price was $0.3643 in October 2023, which represents an 848% increase since then. On the token side, about 32.5% (3.25 billion tokens) of the total 10 billion supply is in circulation. On May 1, 2025, another 88.34 million SUIs will be released, equivalent to 2.72% of the current market cap. Throughout 2025, these controlled token expansions aim to maintain price stability by stabilizing supply. SUI price chart since Mainnet launch Why is SUI valuable?For a blockchain project to be successful in the long term, it needs to be technically sound and fulfill a real need. The Sui network has a valuable position in the crypto world thanks to its innovative features and approach. So what are the technical features and advantages that make Sui so special? Also, what does Sui coin do in general?Parallel transactions and high TPSJust like Aptos, Sui's most valuable feature is its ability to perform parallel processing The network achieves a huge transaction capacity (TPS - Transactions Per Second) by executing unrelated transactions simultaneously. This exponentially increases the number of transactions that take place on the network in the same second. In their tests, Sui developers showed that a network of 100 validators can successfully handle tens or even hundreds of thousands of transactions per second under ideal conditions. For comparison, the Ethereum network can process around 15-30 transactions per second, while the Sui TPS is much higher. The high TPS makes Sui particularly desirable in heavy usage scenarios such as DeFi applications, popular NFT mint events or in-game microtransactions. Sui also provides low latency when managing high transaction volumes; most transactions can be finalized in under a second. This means users do not have to wait long periods of time for their transactions to be confirmed.BlockchainReal-Time TPSMaximum TPS (Tested)Theoretical Maximum TPSBlock TimeFinality TimeConsensus MechanismSuiData not available297,000 TPS297,000 TPS~0.4 sec~0.4 secNarwhal & Bullshark (DAG-based)Solana1,255 TPS2,909 TPS65,000 TPS0.4 sec12.8 secProof of History + PoSAptos36.45 TPS12,933 TPS160,000 TPS0.13 sec0.9 secAptosBFT (Move-based)ICP859.2 TPS25,621 TPS209,708 TPS0.48 sec0 secChain Key TechnologyPolygon33.61 TPS429.1 TPS714.3 TPS2.13 sec4 min 16 secProof of Stake (Layer 2)Ethereum14.25 TPS62.34 TPS119.1 TPS12 sec16 minProof of StakeSecure and flexible smart contracts (Move language)Smart contracts on the Sui network are written in the Move programming language. Because Move is a language designed with security in mind, smart contracts on Sui have fewer bugs and vulnerabilities. For example, the famous DAO attack on Ethereum in 2016 was caused by a reentrancy vulnerability in a contract written in Solidity. In Move, vulnerabilities like reentrancy are blocked at the language level. This ensures that smart contracts written in Sui are resistant to similar bugs. Another advantage of the Move language is its flexibility and expressiveness. Its modeling of entities and data as “objects” gives developers a more natural programming experience. Sui developers report that writing code with Move is both safer and more efficient. The combination of security and flexibility means that innovative applications can be developed quickly and run safely on the Sui network. A screenshot of the Move language. Source: Sui Foundation An asset-oriented data model instead of a blockUnlike classic blockchain architecture, Sui uses an object-oriented data model rather than a block-based one. What does this mean? In the blockchain world, transactions are usually aggregated into blocks that are created over a period of time, and each block is added to the chain sequentially. In Sui, however, the assets in the network (tokens, NFTs, records in smart contracts, etc.) are treated as objects. Each transaction makes a change to the relevant objects. If two transactions are related to completely different objects, they can be processed in parallel without waiting for each other. This object-centric architecture provides both high efficiency and a new way of thinking for developers. For example, in a gaming application, the items in one player's inventory are separate objects and not directly linked to another player's inventory, so the operations of these two players can be performed simultaneously on Sui without overlapping. The object-oriented model simplifies data management and reduces transaction costs. Various block explorers are also being developed to fit Sui's data model. Tools such as Sui Explorer allow users to track what is happening in the network on an object-based basis. This innovative approach is an important element of value that sets Sui apart from other blockchain projects.Strong investor supportEven in its early stages, the Sui project has received major support from leading investors in the crypto world. Mysten Labs reached multi-billion dollar valuations in its funding rounds in 2021 and 2022. In particular, leading venture capital firms such as Andreessen Horowitz (a16z), Binance Labs and Coinbase Ventures invested in Sui early on. For example, in the Series B investment round in 2022, Mysten Labs raised 300 million dollars in funding, and this round included many big names as well as the above investors. The presence of such reputable and powerful investors is a sign of confidence in the Sui project. The investor support not only provided financial resources, but also helped Sui to gain widespread publicity and be listed on major exchanges in a short period of time. As a result, Sui has a strong support mechanism behind it, both in terms of financial strength and industry connections. This is an important advantage for the project to realize its long-term vision.Developer-friendly and open source approachThe success of a blockchain platform depends on the wealth of applications built on it and the size of its developer community. Sui was developed as an open-source project from the very beginning. Sui's code is open to developers on GitHub, allowing developers around the world to contribute to Sui's infrastructure, report and fix bugs, or integrate it into their own projects. Mysten Labs also offers a comprehensive developer toolkit for Sui: For example, Sui SDKs, APIs, libraries and detailed documentation make it easy to develop new projects on Sui. An example of the developer-friendly approach is Sui's initiatives such as Sui Developer Portal and Sui University. These platforms provide training materials, sample projects and technical support. Since Move is a relatively easy and safe language to learn, developers from different platforms can adapt to Sui. As a result, the Sui ecosystem is becoming vibrant and productive in terms of developers. Among Web3 infrastructure projects, Sui stands out thanks to this open and embracing environment. This encourages the emergence of new applications, NFT collections and DeFi protocols on the Sui network every day.Who is the Founder of SUI?So, who is the founder of Sui? Behind Sui is a company called Mysten Labs and its founding team. Mysten Labs was founded in 2021, and the common feature of the team is that they come from the Diem project within Meta (Facebook). This means that Sui's developers are experienced engineers who previously worked on Facebook's cryptocurrency and blockchain initiative.Evan Cheng is one of the most prominent members of Mysten Labs' founding team. Evan Cheng is the CEO of Mysten Labs and was the director of Novi Research (Facebook's financial technologies R&D unit) at Facebook. Cheng also has an engineering background, having worked at Apple for many years. “With Sui, we're trying to build a blockchain that scales on demand and provides users with a disintermediated experience,” said Evan Cheng, who takes on the visionary leadership role in the Sui project. SUI team Another critical member of the founding team is Sam Blackshear. Blackshear is the chief technical officer (CTO) of Mysten Labs and is known as the creator of the Move programming language. Sam Blackshear, who developed the smart contract language within the Diem project at Facebook, is also the head of the technical architecture at Sui. Blackshear played a major role in integrating the security and efficiency benefits of Move into Sui. His academic background and expertise in program analysis are critical to the project.Another co-founder of the team, George Danezis, is an expert in cryptography and distributed systems. Danezis is a cryptographer who worked as a principal researcher on Meta's Novi team and before that was a lecturer at University College London. In the Sui project, topics such as security protocols, consensus algorithms (e.g. the Narwhal & Bullshark DAG-based consensus mechanism used by Sui) were handled by George Danezis and his team.In addition, Mysten Labs' founding team includes Adeniyi Abiodun (product and strategy expert) and Kostas Chalkias (cryptography engineer). All of them decided to use their experience from Facebook's Diem project to create a more open and decentralized platform. The decentralized vision - the goal of building a blockchain network where the community, not a single company, is in control - is the core philosophy that differentiates Sui from Diem. While developing Sui, the Mysten Labs team also created a community-driven governance structure with the Sui Foundation.Frequently Asked Questions (FAQ)We've briefly answered the main questions you might have about the Sui network below. Let's take a quick look:What is SUI and what technology does it use? SUI is the native token of the Sui network, a high-speed and scalable Layer 1 blockchain. The network uses the Move programming language for parallel processing architecture and secure smart contracts. Transactions are finalized almost instantly thanks to the Narwhal & Bullshark consensus mechanism.When was the SUI network founded? When did Sui coin launch? The foundations of the Sui network were laid in 2021. In 2022, the testnet process began, and on May 3, 2023, the Sui mainnet was officially launched. As of 2025, Sui has been active for nearly two years.Who is the team behind SUI: Sui was developed by Mysten Labs. The team includes Evan Cheng (CEO), Sam Blackshear (CTO) and George Danezis, who worked on Meta's Diem project. There's a lot of experience from big tech companies in the background.What is the Move language and why is it important? Move is a specialized programming language for writing secure and flexible smart contracts. It makes cryptocurrency management secure and prevents common errors such as reentrancy. It is used as a standard language in projects like Sui and Aptos.How to buy SUI tokens and where to store them: SUI can be purchased on major exchanges such as Binance, Coinbase, Kraken. For storage, Sui-supported wallets such as Sui Wallet, Trust Wallet or Ledger should be preferred. Tokens can also be staked to generate passive income.Which applications does the SUI network support? The Sui network supports Web3 applications such as DeFi, NFT, blockchain games and DAOs. It has become the preferred choice of developers due to its low fees and high speed. As of 2025, there are hundreds of dApps and millions of NFTs on Sui.For the latest guides and technical analysis on SUI, be sure to follow our JR Kripto content series!
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4 Jul 2025
What is Purple Pepe (PURPE)?
The cryptocurrency world, although shaped by serious technologies from time to time, sometimes witnesses crazy trends driven entirely by humor. Launched in mid-2023, Pepe Coin quickly reached millions of dollars in volume, attracting the attention of not only investors but also the entire internet. Pepe the Frog had been known as an internet meme for years. But this time, when it appeared with a cryptocurrency identity, things took on a whole new dimension. There was Pepe enthusiasm everywhere, from Twitter to Reddit, from TikTok to stock exchange listings. After this wave, a new variation quietly entered the scene: Purple Pepe (PURPE). This project, which is a purple, even crazier version of the classic Pepe, aims to repaint the “Pepe culture” by being born on the Solana chain. The aim of PURPE, which is among the new meme projects of 2024, is not just to offer a token. In addition, it is to create an ecosystem that brings humor, community power and staking rewards together. PURPE, which has gained a wide user base in a short time, presents itself as an alternative way for those looking for both investment and entertainment. In this guide, you will find detailed answers to questions such as what is Purple Pepe, what is PURPE coin, what is PURPE token, how did it come into being, what features does it stand out with, what does PURPE coin do, and what does it mean for investors. If you are ready, let's step into the world of "purple frog".Definition and Origin of Purple PepeThe definition of Purple Pepe begins with a humorous reference to the classic Pepe character. As stated in the project’s official materials, Purple Pepe is described as the “one true Pepe” on the Solana network. This definition reflects the intention to stand out with a purple Pepe theme, unlike the original Pepe token on the Ethereum blockchain. In other words, Purple Pepe is a variation of a meme coin that adopts the concept of a “purple Pepe coin.” For now, let’s examine the difference between PEPE and PURPE in the table below:FeaturePepe Coin (PEPE)Purple Pepe (PURPE)NetworkEthereumSolanaLaunch DateApril 2023July 2023 (actively launched in 2024)Meme ThemeClassic green Pepe the FrogAlternative purple-themed version of PepeCommunityEthereum-focused, large but decentralized structureHumor-driven group emerging from the Solana communityFounder InformationAnonymousAnonymousExchange ListingsMajor exchanges like Binance, KuCoin, OKXMid-sized exchanges like BitMart, LBank, Gate.io, PoloniexCommunity-Based GovernanceNot present (no DAO structure mentioned)Certain decisions shaped by community proposals (no official DAO)The concept of Purple Pepe includes a colorful and “rebel” theme. The developers created a sense of social rebellion by emphasizing the Pepe meme in their project introductions. The purple Pepe character was used as a colorful protest symbol against the norms of society. Although this theme is not directly quoted in official sources, a “colorful rebellion” style is seen in the narrative of the project. In short, the colorful meme coin Purple Pepe was presented as a fun and eye-catching extension of the classic Pepe character.As a cryptocurrency, the PURPE token is not only for entertainment purposes. It also has various technical functions. According to the project documents, PURPE owners can earn rewards by staking (locking) their tokens on certain platforms. As stated in the sources, it is possible to earn additional income by staking PURPE. The staking process can be carried out on separate platforms such as DappRadar. In addition, the PURPE token can also be used in standard crypto transactions. Users who wish can send the token to their friends or use it in payments.In addition to all this, Purple Pepe attracts attention with community rewards and interaction. For example, the project organizes special airdrop events for social media followers and distributes NFTs. Recently, PURPE has increased user participation with airdrop and NFT benefits, which are described as a “gamification strategy”. In other words, the Purple Pepe community remains active with both its financial functions and social media campaigns. In short, Purple Pepe emerged as a Solana meme project. In general, it attracts attention with its humorous Pepe theme. It is also a token supported by functions such as staking and community rewards.History of Purple Pepe: Major MilestonesAs we mentioned earlier, Purple Pepe was created with inspiration from Pepe Coin. Although it was initially seen as a simple PEPE variation, it soon began to chart its own course. With the growing support on social media, community-focused campaigns, and colorful sense of humor, the project quickly gained momentum. Now, let's take a look at the important milestones that Purple Pepe went through on this colorful journey. The main events in the development of Purple Pepe are as follows chronologically:July 2023: The PURPE token was first released on the Solana blockchain. According to market data, the project was created on this date but has not yet started trading.Mid-2024: After remaining inactive for about a year, the team added liquidity and launched the token in mid-2024. During this period, the project's promotion and community building efforts intensified.August 2024: Announcement campaigns began on the project's Twitter/X pages. For example, various users announced that the first airdrop took place on August 20, 2024 (although there was no official source, it was shared in the community). During this period, Purple Pepe began to be talked about on crypto social media.November 2024: The PURPE price made a significant leap. According to the data, the token reached a historical peak of approximately $ 0.000316 in November 2024. It also saw a low point in the same month (around $ 0.00000226). This indicated high volatility - as with all meme coins.Q1 2025: The project continued to attract attention in the Solana ecosystem. It was listed on CoinGecko and CoinMarketCap. It even trended on CoinGecko. The active shares of the Purple Pepe community on social media increased. During this period, the number of active users behind it was expressed in the thousands.May 2025: Steps taken on behalf of Purple Pepe gained momentum. The project has been listed on major crypto exchanges such as Poloniex, LBank, BitMart, and Gate.io. Also in May 2025, one of the first property listings was published in Missouri, USA, announcing that commercial real estate could be paid for with PURPE tokens. This step was recorded as an interesting experiment by Purple Pepe in the non-crypto space. May 2025 – Bitcoin Conference: The PURPE team announced that it plans to participate in the Las Vegas Bitcoin Conference on May 27-29, 2025, with a focus on the community. At the same time, the project has also gained the support of the large WallStreetBets Facebook community. According to research, this group has more than 550,000 members. Why is Purple Pepe Valuable?For a cryptocurrency project to be considered “valuable”, it is not enough for its price to increase. Value is actually a chaotic structure formed by the coming together of many different factors. Technological infrastructure, community power, social media impact, areas of use, liquidity, accessibility and, of course, marketing strategies… All of these enable a token to be popular in the short term and to survive in the long term. When it comes to meme coins, entertainment value and viral potential are added to this equation.Purple Pepe (PURPE) is exactly in this equation. Although it was born as a humorous project, what makes PURPE valuable is not only its funny visuals. Under this heading, we will examine in detail why Purple Pepe entered the radar of investors, which features make the project stand out and what kind of an impact it creates beyond being a “purple meme coin”.Strong community and viral effectThere are several basic factors that increase the value of Purple Pepe. First of all, a strong community and viral effect… Social media posts that spread rapidly on the Internet increase awareness of the project. As noted in expert comments, positive posts on crypto Twitter about Purple Pepe and analysts express bullish expectations. In addition, the project is supported by the WallStreetBets Facebook group community (550,000+ members). Such a large community support is a social element that strengthens the value of Purple Pepe. Purple Pepe community at the TOKEN 2049 event in Singapore. Source: CoinTelegraph PURPE token functionIf a token in crypto projects exists only to be bought and sold, the longevity of that project is low. But if that token really serves a purpose within the system—for example, if it rewards the user, allows them to participate in decision-making processes, or is the key to doing something on the platform—that's when things change. The token ceases to be something that just "lays there" and becomes a truly working part of the project. Such concrete areas of use both connect people to the project and increase the chances of that project surviving.In other words, functionality is also an important part of the value. The PURPE token is not just a speculation tool; it can be used in various financial transactions. Investors can make arbitrage transactions with PURPE, and earn additional income by staking or lending their tokens. In other words, the Purpe staking opportunity increases the appeal of the coin. In addition, this token can be used in payments or gift transfers. In other words, investors can use the token both commercially and financially.Tokens that lack functionality are often seen as mere speculation tools, which can lead to a loss of trust in the long run. As in the case of Purple Pepe (PURPE), features such as being able to generate income through staking or being used in community-focused reward systems show that this token is a true part of the ecosystem. In other words, PURPE does not just offer a humorous theme. It also gives its users a sense of being part of the system.Attractive marketing campaigns, trading volume and liquidityMarketing campaigns also feed value. Purple Pepe regularly distributes airdrops and various rewards to its community. For example, thanks to the recently announced “community rewards and gamification strategy,” user engagement has increased and trading volume has increased. Such social rewards encourage investors and keep the energy around the project alive.In addition, Purple Pepe’s market volume and liquidity are impressive. According to market data, the daily trading volume exceeds $ 240,000. There are currently around 417 billion PURPE tokens in circulation (maximum 420 billion). This large supply provides liquidity, while high transaction volume ensures that the coin is continuously traded. Finally, PURPE's meme value cannot be ignored. Purple Pepe stands out among other serious cryptocurrencies with its "purple Pepe" image. Both its colorful design and fun theme create a brand identity that attracts users' attention. In this way, Purple Pepe stands out from ordinary projects in the crypto space. In summary, the factors that make Purple Pepe valuable are: active and large community support, financial use cases including staking, aggressive social media campaigns (airdrop, NFT), high transaction volume and unique meme theme. When these elements come together, they set PURPE apart from other meme coins.Who is the Founder of Purple Pepe?No clear information has been given to the public about the team or founder behind the Purple Pepe project. There is no clear founder name in the official sources of the project. In this respect, PURPE is an anonymous project largely driven by the decentralized community. In other words, the development team or founder of Purple Pepe is not a publicly known person.Although names such as “WallStreetBets Facebook group founder” are sometimes mentioned in the press statements about Purple Pepe, their direct connection to the project has not been confirmed. It is emphasized that only the people stated to be the administrators of the WallStreetBets community support Purple Pepe. However, these statements were shared within the scope of project promotion and no definitive information is provided about the real founder identity. Today, the Purple Pepe community works through social channels such as Telegram, Discord and X, and the project codes can be examined on open source platforms. PURPE community. Source: CoinTelegraph In this respect, Purple Pepe, like many meme coins, follows a structure that keeps the team behind it anonymous. It has not yet been announced that the project management is carried out with mechanisms similar to a DAO (Decentralized Autonomous Organization) or that it is controlled by specific governance boards. In other words, investors assume that plans for the future of Purple Pepe are largely shaped by community discussions and votes. To be sure, there is no publicly known founder behind Purple Pepe, and developments are announced with a community-based approach.Frequently Asked Questions (FAQ)When it comes to a token like URPE, which has a fun face but also has a technical side with staking, community rewards, and potential use cases, it is not surprising to see questions like “Is it really investable?”, “What is its connection to Pepe?”, “What is done with PURPE?”, “How can I join this community?” come one after another. In this section, we will try to give simple and clear answers to the most frequently asked questions about Purple Pepe. If you still have some questions in your mind, the answer is probably waiting for you right below.Is PURPE a real investment or just a joke? PURPE is technically a meme coin; that's why it has a "joke" tone. However, it is emphasized in the project presentations that it has quickly become a "serious crypto project". In terms of investment, it is necessary to be careful: Meme coins generally carry high risk.What is the difference between Purple Pepe and the original Pepe coin? The original Pepe coin (PEPE) is a popular meme token launched on the Ethereum network in April 2023. Purple Pepe, on the other hand, is a different project launched on the Solana blockchain in 2024. In other words, there is no technical relationship between them. The two have a similar name only because they are Pepe-themed. While Purple Pepe is known for the "purple Pepe" concept, the original Pepe coin (green-themed) was developed by a separate community and team. Purple Pepe is positioned as a meme coin specific to the Solana ecosystem. In short, the value of one does not change after investing in the other; they are completely different projects.What can be done with the PURPE token? In addition to general crypto functions, the PURPE token plays a role in community campaigns. It can be bought and sold on many exchanges and wallets. Investors can earn additional income through Purpe staking and lending. It can also be used as a payment tool with transfer/sending. From a social perspective, the Purple Pepe team offers additional benefits to token holders by making regular airdrops and NFT distributions. For example, it is possible to win prizes by participating in community competitions and through Twitter or Telegram activities. In short, you can buy and sell crypto with PURPE, earn income by staking, and participate in events that announce the project.How can I join the community? Purple Pepe has a very active community. There are more than 16,000 members in the official Telegram group. There are also social media channels such as the project's Twitter/X account (@PurplePepeS0L) and Instagram page. To join the community, it is enough to follow these official accounts or join the Telegram group. Community activities are announced under the username "Purpe_SOL" on Telegram.Feel the power of purple in Web3! Join the community with Purple Pepe and discover a new tone of humor and memes in our JR Kripto Guide series!
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4 Jul 2025
After Euro, Ruble Stablecoin: Tron-Based RUBx Is Coming
The attention was drawn to the European market recently when German-based financial giants launched a euro-backed stablecoin. Now, a similar step has come from Russia. Rostec, a defense and technology giant affiliated with the Russian state, is preparing to launch a new cryptocurrency indexed to the ruble, RUBx.Rostec is developing a stablecoin called RUBXThe stablecoin called RUBx, developed by Rostec, is aimed to be available by the end of the year. Each RUBx will be pegged to a Russian ruble and the value collateral will be provided directly from rubles held in treasury accounts. The company will issue this stablecoin in accordance with legal regulations, based on “real rubles”. The project will be built on the TRON blockchain and transparency will be ensured by publishing smart contract codes on GitHub. In terms of security, it was announced that independent auditing service will be received from the blockchain auditing firm CertiK.RT-Pay, the payment infrastructure that will work integrated with RUBx, will be directly connected to Russia’s banking system. Thus, both individuals and companies will be able to transfer money 24/7, including evening hours or holidays. At the same time, advanced DeFi (Decentralized Finance) transactions such as locking funds via smart contracts will be supported. Rostec stated that RT-Pay is fully compliant with regulations such as anti-money laundering and countering the financing of terrorism, and meets the requirements of the Central Bank of Russia.It is stated that the project will be implemented in stages and will initially focus on sectors that have difficulties in payment transactions. According to information provided by Dmitry Shumayev, one of Rostec officials, the area of use will be further expanded in the future.The stablecoin studies indexed to the ruble also overlap with the digital ruble pilot application launched by the Central Bank of Russia last year. While the country's largest bank Sberbank and the Moscow Exchange already offer Bitcoin-related investment products, the Central Bank also gave the green light to offer crypto-asset-related financial instruments to qualified investors.On the other hand, recently, AllUnity, a joint venture between Germany-based Deutsche Bank and asset management company DWS, received official approval from BaFin to launch a euro-backed stablecoin called EURAU. Fully compliant with MiCA regulations, EURAU stands out as one of the first examples in Europe that complies with the regulations. The project, carried out with the strategic support of Galaxy Digital, was developed specifically for use in corporate finance, fintech solutions and corporate treasuries. As a result, stablecoin-based digital payment solutions are rapidly spreading both in Europe and the Eurasian region. The development of cryptocurrency-based solutions for the ruble after the euro indicates that a new era has begun in the stablecoin race.
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4 Jul 2025
Nasdaq-Listed Company Holding BTC, ETH, and SOL Adds 3 More Altcoins to Its Reserve
Amber International, a subsidiary of Singapore-based Amber Group and listed on Nasdaq, has raised a new investment of $25.5 million to strengthen its $100 million crypto reserve strategy. The company plans to use this fund to expand its crypto asset portfolio. Another plan is to strengthen its presence in the blockchain space.Amber International raised new investment and added altcoins to its portfolioAccording to the statement made by the company, the investment in question was made through a private placement method and was sold at a price of $10.45 per share. This pricing was determined as a 5% discount to the three-day volume weighted average price of Amber shares. In total, more than 12 million Class A shares were issued. These shares correspond to approximately 2.44 million American Depositary Shares (ADS). Each ADS represents five Class A shares.The investment round was attended by leading institutional investors such as Pantera Capital, CMAG Funds, Mile Green, Choco Up and Kingkey Financial International. Amber International announced that it will allocate all of the proceeds to the crypto reserve plan announced in May, which is targeted to reach a total value of $100 million.Amber Group's reserve strategy aims to support blockchain-based product development processes and ensure that the company makes a long-term contribution to the ecosystem. In this context, the company's portfolio already includes Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). After the new investment, Amber announced that it will add Binance Coin (BNB), Ripple's XRP and the developing Sui (SUI) token to this list.According to the company's statement, the reserve fund will be used not only to hold cryptocurrencies; but also to provide technical support and liquidity to blockchain projects built on these assets, to work more closely with developer communities and to develop the application layer in these networks. Thus, Amber International plans to take a more direct and active role in the networks where reserve assets are located.Amber plans to invest in smart contract-based systems, particularly in the tokenization of real-world assets (RWA) and AgentFi, known as decentralized financial applications that automate these two areas. These two areas are at the heart of the company’s strategic development plans for the upcoming period. Along with Amber’s announcement, the company’s stock performance, which is traded on Nasdaq, also drew attention. The company’s (AMBR) shares closed down 6.7% on Thursday, when the private placement announcement was made. According to market data, the shares lost 23.8% in the last five days and approximately 12% in the last month.
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4 Jul 2025
What is Housecoin (HOUSE)?
In today's world, owning a home is becoming an increasingly unattainable dream, especially for the younger generations. Rising housing prices, rising loan interest rates, and the imbalance between income and cost of living are bringing about a period in which many people have made renting a necessity. This picture has become not only an economic but also a social impasse. At this point, Housecoin (HOUSE), which emerges as both a reaction and an irony, focuses on this problem with the humorous approach unique to the crypto world. Housecoin is a meme coin working on the Solana network, setting out to say "let's at least have a HOUSE" for the masses who cannot own a real home. Combining symbolism and humor, this token transforms its criticism of the housing crisis into an entertaining investment tool. Of course, Housecoin is not a home-buying tool. However, the interest in the project does not come only from its technical foundations. It also draws attention with the way it touches on a social problem. Let's get to know Housecoin closely now...HOUSE Definition and OriginThe dream of a home that once was accessible to a middle-income family with a few years of savings has become just a “wish” for many people today. While real estate prices are increasing at a rate far beyond salaries and inflation, young adults all over the world are growing up wondering “will I have my own home one day?” We live in an era when even a modest apartment in big cities reaches prices expressed in millions, and mortgages turn into lifelong debts. This situation is no longer just an economic problem; it has also become a generational trauma, a social injustice and a collective despair. In the midst of this depressing picture, a fun project has emerged in the crypto world.There is a coin that will mark the months of April and May of 2025: Housecoin. So, what is this Housecoin? What does HOUSE token do? More precisely, does this token have any function? Housecoin (HOUSE) is a meme token created on the Solana blockchain. This cryptocurrency was specifically designed to humorously address rising housing prices. The official slogan of the project is “Flipping the Housing Market, One $HOUSE at a Time.” It is emphasized that Housecoin is offered to the community as an “insurance” alternative to draw attention to the rapidly rising housing prices. Housecoin transactions are very fast and low-cost thanks to the low transaction fees and high transaction speed provided by the Solana network. This meme coin, which does not yet provide a tangible product or service, is largely valued through community humor and speculative demand. Housecoin is a cryptocurrency with the SPL standard on the Solana network. Its total supply was determined to be approximately 1 billion and all tokens were mined at the time of launch. According to market information, Housecoin was distributed on the Pump.Fun platform in a “fair launch” manner. In other words, no pre-sale or team allocation was made. Moreover, there is an important detail about the management of the smart contract (mint authority). Since the mint authority has been canceled, it is not possible to print additional tokens in the future.Mint authority situation: No new tokens will be releasedInstead of printing new tokens over time, as in many other projects, Housecoin developers have completely canceled the mint authority, or “printing authority”, at the time of launch. This means that Housecoin has a completely fixed supply structure.Mint authority is one of the most critical parameters that determine how much more a token can be produced in the future. If this authority remains in the developer wallet, the project can increase the supply in the future. This creates a risk of inflation and a decrease in token value for investors. The deliberate cancellation of this authority on the Housecoin side gives confidence to some investors in terms of supply. Such fixed-supply models are a rare approach, especially in the meme coin world. Because in many similar projects, it is quite common to allocate additional tokens for supply expansions, team and pre-sale shares, or marketing funds. Solana’s mint authority system. Source: Jorge Londono, Medium 1 House = 1 HouseThe project's emergence dates back to the first quarter of 2025. The idea of Housecoin in the crypto market started in April 2025 as a "joke" about the housing market. The project emphasizes the idea of "buying a house in cryptocurrencies rather than buying a real house" with a humorous commentary on the housing crisis of the younger generations. This humorous theme was kept at the forefront in the project's promotional materials. For example, catchy slogans such as "1 House = 1 HOUSE" and "Flipping the Housing Market" were used. In short, Housecoin is a crypto initiative based on a humorous concept rather than providing a functional service.HOUSE History: Major MilestonesWhen it comes to cryptocurrency projects, especially meme coins, their history is usually short but quite dynamic. Because such projects attract both investor interest and social media attention very quickly from the moment they are launched. Housecoin (HOUSE) is a project that fits this example exactly, and has witnessed many important events and milestones in a short time since its birth. Its journey, which began especially in the first months of 2025, has been shaped not only by technical developments, but also by community interactions, campaigns, viral themes and exchange listings.Despite being a relatively new project, Housecoin has managed to create a community culture and market history within itself, moving away from being a “typical meme coin” in a short period of a few months. Its first release, decentralized launch and subsequent price movements show the intensity of interest in the project. In this section, we will take a closer look at Housecoin’s short but remarkable history, examine in detail the stages it has gone through and how it has reached its current position:March 24, 2025: According to KuCoin data, Housecoin was first announced and added to the Solana network.April 10, 2025: The “Burn the House” campaign was launched within the scope of the project. Participants earned a limited number of NFTs by symbolically destroying virtual houses.April 11, 2025: The Poloniex exchange opened deposit and trading support for Housecoin. From this date, users began buying and selling $HOUSE.April 25–30, 2025: A major increase was seen in the price of Housecoin. According to CCN data, the price, which was around $0.003 at the beginning of April, increased by nearly 10,000% to $0.106 (an all-time high) on April 30. This short-term rally occurred rapidly as part of the meme coin movement.April 30, 2025: The Bitget exchange listed Housecoin on a spot list. Trading opportunities began to be provided on many other platforms within the same week.May 21, 2025: Housecoin's market value of $100 million shortly after its launch was notable. This rapid rise further increased the project's popularity.May 2025: Listings continued on other exchanges such as KuCoin, BloFinSpot, and MEXC.Why is HOUSE Valuable?The factors that determine the value of an asset in the cryptocurrency market are not limited to technical infrastructure or usage area. Especially when it comes to meme coins, the concept of value takes on a much different dimension. As in the case of Housecoin (HOUSE), although some tokens do not directly offer a product or service, they can quickly attract the attention of millions of people thanks to the social resonance, community impact, and creative marketing language they capture. This shows that in the modern crypto world, "value" is also fed by cultural representation, humorous identity, and community interaction.These are exactly the factors behind Housecoin's being talked about and attracted so much attention. Drawing its symbolism from the housing market crisis and presenting it in a sarcastic style, HOUSE presents an ironic value proposition that appeals to the emotions of today's young investors. With the hype created on social media, viral campaigns, brand image enriched by NFT projects and speculative investment waves, Housecoin's market value can reach tens of millions of dollars in just a few weeks. Of course, there is not only a "joke" behind this rise: There is also serious user interest, psychological momentum and collective behavior patterns. Below, let's examine in detail the main factors that explain why Housecoin is seen as valuable.Community support and speculationThe value of meme coins is often based on social media resonance and investors' FOMO. A similar situation applies to Housecoin. The rapid spread of posts on social media and the interest of investors who want calculated risk have created a trading volume of millions of dollars in a short time. However, experts warn that such increases are due to speculative demand, not a fundamental business.Liquidity and low priceAccording to market data, Housecoin’s price per token is relatively low and its daily trading volume is high. This indicates that the market is deep (high liquidity) and allows traders to take positions even with small amounts. As of the end of May, HOUSE has lost about 8.3% of its value in the last 24 hours. However, it has increased by about 18.2% in the last 7-day period. It is trading at a price that is about 56.8% lower than its all-time high of $0.1178. Below you can see the price movements of HOUSE since its launch: Solana infrastructureHousecoin has built its technical foundation on the Solana blockchain. This choice is quite strategic in terms of supporting the project's goals of fast transaction capacity and low-cost transfers. The Solana network is known for having the capacity to confirm thousands of transactions per second, and this feature greatly improves the user experience compared to slower and denser networks such as Ethereum. In other words, users can make Housecoin transfers in a few seconds and with almost zero transaction fees.Another prominent aspect of Solana is its high scalability. This means that it can continue to operate without losing performance as the number of transactions on the network increases. This is a great advantage for community-based projects that reach high transaction volumes such as Housecoin. Because network congestion can occur in meme coins due to sudden increases in demand from time to time. However, Solana's architecture is more resistant to such fluctuations.In addition, since Solana's technical structure offers developers a more flexible and cost-effective development environment, the integration of projects like Housecoin into the ecosystem is also easier. If the project expands to areas such as staking or gamification in the future, this technical foundation could become quite functional.Humorous theme and marketingHousecoin quickly gained recognition thanks to eye-catching slogans (e.g. 1 House = 1 HOUSE) and visual campaigns referring to the housing crisis. The humorous theme allowed the project to reach a wide audience on social media and attracted more investors.NFT distributionHOUSE enriched the project with an NFT (non-fungible token) collection to deepen its humorous approach. The Housecoin NFT collection consists of 1,500 unique digital assets promoted with the slogan "4 Beds, 3 Baths and a DREAM". Listed on the Magic Eden platform, this collection is held by approximately 195 unique wallets and has a total market value of around $7,000. The base price of NFTs is $4.72. Some information about Housecoin NFTs. Source: Magic Eden Competing with other meme coinsPrevious examples of meme coins such as Dogecoin and Shiba Inu have achieved viral success in the crypto market. Dogecoin entered the market in 2013, and Shiba Inu in 2020 with a similar humorous approach. In this context, Housecoin has also entered the radar of investors by joining this family. To better understand Housecoin, we have compared it with some popular meme coins in the table below:Coin (Symbol)Launch YearBlockchainTotal SupplyKey Feature / ThemeHousecoin (HOUSE)2025 (April)Solana1,000,000,000 (fixed)A humorous take on housing pricesDogecoin (DOGE)2013Litecoin/BTC (PoW)Unlimited (inflationary)Famous Doge meme on the internet; gained popularity with support from Elon MuskShiba Inu (SHIB)2020EthereumApproximately 1 quadrillion (10^15)Inspired by Dogecoin; all tokens were minted before launch, with ongoing burnsWho are the Founders of House?It is not clear who is behind Housecoin. According to the project descriptions, the developers of the project preferred to remain anonymous and did not publish an official roadmap or whitepaper. Therefore, a well-known person or institution was not shown as the founder of this project. On the other hand, other statements report that all tokens were distributed fairly at the launch and no pre-sale or team share was allocated.Frequently Asked Questions (FAQ)One of the most frequently used sections when looking for information about cryptocurrencies is undoubtedly the “Frequently Asked Questions” (FAQ) section. Because every new project brings with it dozens of different concepts, technical terms and intriguing details. This curiosity is experienced much more intensely, especially in projects such as Housecoin (HOUSE), which are humorous in nature but also attract serious investment interest. It should not be ignored that HOUSE is quite new. At this point, more or less similar questions begin to form in everyone's mind: “Is this coin really useful?”, “Is it a joke or an investment?”, “Can I buy a real house?” Questions like these frequently come to mind, also influenced by the extraordinary narrative offered by Housecoin. When getting information about the project, the comments circulating on social media, the analyses in different news sources, and the discussions full of speculations come together, creating a need for simple and clear information. In the last section of our article, we have compiled the basic questions frequently asked about Housecoin:What is Housecoin (HOUSE) and how does HOUSE work? Housecoin is a meme token running on the Solana blockchain, known for its low transaction costs and strong community support. Since it is based on a humorous theme, it does not provide a function in the real world; its value is determined by community interest.Where to buy Housecoin? Housecoin has been listed on various centralized crypto exchanges such as Poloniex, Bitget, KuCoin. In addition, $HOUSE can be traded on decentralized exchanges (DEX) such as Pump.Fun and Raydium on the Solana network. (To buy for the first time, first get it from an exchange that supports cryptocurrencies like SOL or USDT, then trade.)Can you buy a real house with Housecoin? No, Housecoin is a purely thematic meme token and does not provide real property. Housecoin does not grant physical property rights, it remains a crypto asset for entertainment purposes only. Therefore, a tangible house cannot be purchased by purchasing $HOUSE.What is the total supply of Housecoin and will new coins be minted? The maximum supply of Housecoin is approximately 998,820,000 units. At launch, all tokens have been mined and the contract has been canceled, so it is not possible to mint new $HOUSE in the future. The amount in circulation today is close to this number.Is it safe to invest in Housecoin? Like all crypto assets, Housecoin is subject to high volatility and uncertainty. Meme coins can be subject to large fluctuations; their value changes rapidly depending on community interest and market sentiment. Experts recommend carefully evaluating the risks before investing in such speculative projects. In short, there is a high potential for profit, but also a serious risk of loss. Is the future of real estate now digital? Don't forget to follow our JR Kripto Guide series for details.
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4 Jul 2025
What is Litecoin (LTC)?
Stepping into the world of cryptocurrencies may seem daunting, but understanding some basic cryptocurrencies makes this journey much easier. If we accept Bitcoin as the pioneer of digital gold, Litecoin (LTC), which comes right after it and is called "digital silver", is definitely an important project to know. So, what is Litecoin? What is the story and technology behind this cryptocurrency? Let's explore it together.Definition and Origin of LitecoinLitecoin is an open-source cryptocurrency developed in 2011 as an alternative to Bitcoin. It was created by Charlie Lee, a former Google engineer. Since Litecoin is derived from Bitcoin's open source code, it shares a slightly modified version of Bitcoin's main chain in technical details.Litecoin's goal was to be a cryptocurrency that could be used for daily payments with faster transaction times and lower fees. Its founder, Charlie Lee, stated that he initially designed Litecoin not to compete with Bitcoin, but to complement it. This vision is often summarized with the metaphor: “Where Bitcoin is digital gold,” Litecoin is described as “digital silver.” This implies that Litecoin may not be as valuable as Bitcoin, but it will still hold its own as a payment method and be more widely used.Litecoin’s underlying technology is based on Bitcoin’s open source code. This means that Litecoin, like Bitcoin, is a decentralized, peer-to-peer internet currency. It is not controlled by any central authority or financial institution. The network is secured with mathematical algorithms, allowing individuals to control their own finances.Litecoin’s emergence aimed to provide a solution to some of the problems experienced in Bitcoin mining. At that time, Bitcoin mining required powerful graphics cards (GPUs). This both increased the cost and made it difficult for ordinary users to mine. To overcome this problem, developers began to develop new solutions based on Bitcoin’s code. One of these initiatives, Tenebrix, used a different and hardware-challenging algorithm called “scrypt” instead of Bitcoin’s SHA-256 algorithm. Scrypt was specifically designed to reduce the advantage of custom-made mining devices (FPGA and ASIC). Later, Charlie Lee developed Litecoin based on Fairbrix, a derivative of Tenebrix. While Litecoin took the scrypt algorithm from Fairbrix, it adopted Bitcoin’s limited supply model and made its own way with some technical adjustments. Therefore, the answer to the question of what is LTC coin is quite simple: Litecoin is a decentralized cryptocurrency based on Bitcoin’s code, but stands out with some fundamental differences such as faster transactions and a different mining algorithm. These fundamental similarities and differences with Bitcoin make the coin an early Bitcoin alternative coin. It is also considered one of the most important altcoins in terms of market value. Because it has managed to stay in the top 20 in the crypto market for years (although it is ranked 21st as of May 2025).Litecoin being referred to as “digital silver” clearly reveals its relationship with Bitcoin and its place in the crypto market. Just as gold and silver are both precious metals and have different areas of use, Bitcoin and Litecoin have a similar relationship. While Bitcoin stands out in terms of security and robustness, Litecoin is designed for faster and lighter transactions. This makes it more suitable for daily expenses and small transfers.Litecoin offers shorter transaction confirmation times compared to Bitcoin and has a more efficient structure in terms of data. At the same time, it is positioned as a reliable payment alternative thanks to its strong industry support, high transaction volume and sufficient liquidity. It works as a complementary tool to Bitcoin and has gained a solid place in the sector in this respect.To summarize briefly: Litecoin is a decentralized and open-source cryptocurrency developed by Charlie Lee using Bitcoin's code infrastructure, aiming to provide faster and lower-cost transactions.Litecoin History: Important MilestonesLitecoin, also known as the "digital silver coin", has gained a unique position by pioneering many technological developments over time. Here are the important milestones in Litecoin's history:2011 – Litecoin release date and creationLitecoin was developed by Google engineer Charlie Lee in 2011. In response to the question of who Charlie Lee is, he stands out as a software engineer who had become interested in Bitcoin at that time. In October 2011, while working at Google, he developed Litecoin using Bitcoin-based blockchain technology in his spare time and announced it on the Bitcointalk forum. The answer to the question of who founded Litecoin becomes clear here. After initially mining only 150 LTC coins, he made the project public. The infrastructure determined during this period, including some technical features such as Litecoin block time, took shape with the mining of the first (genesis) block on October 7, 2011, and the network officially went live on October 13, 2011. The basic answer to the question of what is Litecoin took shape with the steps taken during this period. Its codes were shared as open source on GitHub. 2013 – First major rally and community formationLitecoin experienced its first major price increase in 2013. This growth was supported by increased liquidity and trading volume on early cryptocurrency exchanges such as BTC-e. In November, the LTC coin price attracted attention by increasing by more than 100% in just 24 hours. In July of the same year, Charlie Lee left Google to join Coinbase. Lee served as the company’s Director of Engineering before Litecoin was listed by Coinbase.2017 – Litecoin SegWit support and technological pioneeringLitecoin became the first major cryptocurrency to implement Segregated Witness (SegWit) technology in 2017. Litecoin SegWit support was considered an important step in testing the feasibility of potential updates to the Bitcoin network. SegWit aimed to increase transaction capacity and reduce transaction hashes by separating digital signature data from the content of blocks. Litecoin’s successful integration of this update contributed to Bitcoin’s subsequent adoption of SegWit. These changes also paved the way for the integration of second-layer solutions like the Lightning Network. The Litecoin Lightning Network integration was completed in 2018.2019–2022 – Litecoin privacy features and MWEB updateMimblewimble Extension Block (MWEB) and Taproot updates were announced to increase Litecoin’s privacy and scalability. These developments brought significant changes to Litecoin’s technical specifications. These updates, released on January 31, 2022, were activated on the network with a soft fork on May 20, 2022. MWEB provided optional privacy, ensuring that the amount of LTC coins sent and address information in transactions made via extension blocks were not publicly available. Taproot was previously activated in Bitcoin on November 14, 2021. However, Litecoin privacy features were specifically strengthened with this update.2023–2025: Ongoing developments and adaptationThe question of what Litecoin is for gained a clearer answer in the 2023–2024 period. Offering an ideal solution for daily payments, fast transfers, and privacy-focused transactions, Litecoin is still supported by an active developer community as of May 2024. During this period, crypto assets similar to Runes on the Bitcoin network were also integrated into Litecoin. Thus, the difference between Bitcoin and Litecoin began to diverge not only in transaction times but also in terms of technological experimentation areas. In addition, in 2020, PayPal users gained the opportunity to buy and sell several major cryptocurrencies, including Litecoin, through the platform. In 2022, this functionality was expanded to allow Litecoin to be transferred between exchanges and wallets via PayPal. Today, many third-party providers offer point-of-sale (POS) solutions for Litecoin. Although Litecoin was launched two years after Bitcoin, it has carved its own path in the crypto world and has become a pioneer in many areas. Litecoin, which is still a strong option for users looking for an alternative coin to Bitcoin, has a permanent place in the crypto ecosystem both historically and technologically. The fact that it has been in the market for a long time and has survived the "crypto winters and summers" experienced in different periods shows that the support for LTC is solid.What is the difference between Bitcoin and Litecoin?This evolution that Litecoin has gone through over the years has brought it to a position where it is frequently compared to Bitcoin. Although both cryptocurrencies are built on similar foundations, they have significant differences in terms of their purposes of use and technical structures.FeatureBitcoin (BTC)Litecoin (LTC)PurposeStore of value (digital gold)Usability for daily paymentsMaximum Supply21 million BTC84 million LTCBlock Time~10 minutes~2.5 minutesMining AlgorithmSHA-256ScryptHalving CycleEvery 210,000 blocks (~every 4 years)Every 840,000 blocks (~every 4 years)Initial Release Year20092011Developer/FounderSatoshi NakamotoCharlie LeeSegWit SupportAdded in 2017First major coin to implement it in 2017Lightning NetworkIntegratedIntegrated before BitcoinPrivacy FeaturesBasic, all transactions are publicly visibleOptional privacy with MWEB (MimbleWimble Extension Blocks)General DescriptionStore of value, investmentOptimized for fast and low-cost paymentsWhy is Litecoin Valuable?There are many factors that determine the value of a cryptocurrency: factors such as technological infrastructure, area of use, adoption rate, network security and community support affect the long-term success of the project. In other words, Litecoin's value is shaped by the technical innovations it offers and the differences it brings compared to Bitcoin.One of the main advantages of Litecoin is that it offers a faster and more efficient transaction infrastructure. The block creation time that stands out among Litecoin's technical features is only 2.5 minutes compared to Bitcoin's 10 minutes. In this way, transactions made on the Litecoin network are confirmed approximately four times faster than Bitcoin. This speed provides great convenience, especially for daily payments and small-scale transfers. In larger transactions, users can optionally continue to wait for more confirmations.Litecoin also stands out with its low transaction fees. For example, while transactions made with Bitcoin can sometimes cost tens or even hundreds of dollars, this fee is usually less than a few cents on the Litecoin network. This feature provides a clear answer to the question of what Litecoin is for in terms of daily use: it is an ideal digital currency for fast, cheap and accessible payments. Some Litecoin statistics. Source: IntoTheBlock In terms of technological developments, Litecoin's early adoption of solutions such as SegWit and Lightning Network is also important. Litecoin SegWit support increases block capacity by providing flexibility in transactions. The Litecoin Lightning Network, which was integrated as a follow-up, allows faster and lower-cost transfers by creating payment channels outside the main chain. This two-layered technological structure has increased Litecoin's scalability and allowed it to reach a wider user base.Security is provided by PoWIn terms of security, Litecoin offers a network that has been working smoothly and successfully protected for years. Like Bitcoin, LTC also uses the Proof-of-Work (PoW) mechanism. Miners use computing power to verify transactions and produce new blocks. This process is critical to maintaining the integrity of the network and preventing double spending.LTC is on many exchangesExtensive adoption rate and accessibility are also factors supporting Litecoin's value. It is known that Litecoin is traded on many major cryptocurrency exchanges. Platforms such as Coinbase, Kraken, Binance, Binance.US, Robinhood, and Gemini allow Litecoin to be bought and sold. In addition, thanks to various wallet options such as Litecoin Core, Litewallet, and Electrum Litecoin, users can use Litecoin on different devices and platforms. Mobile compatibility is another advantage that supports the user experience.Litecoin's native coin LTC adds value to the networkMarket value and liquidity are also indicators of Litecoin's value. As of May 2025, Litecoin (LTC) is trading at $ 89.29. However, this price remains approximately 78% below its all-time high of $ 412.96 reached in 2021. Recently, Litecoin has established a strong support level around $ 100 and has tested this level several times. Litecoin price since launch. From the supply side, the supply of LTC coins is limited to 84 million. This means four times Bitcoin's supply of 21 million. Litecoin's new coin production is done through mining and rewards are distributed with each block. However, this reward is halved every 840,000 blocks. The most recent halving event took place on August 2, 2023, and the reward dropped from 12.5 LTC to 6.25 LTC. The next halving is expected to occur in mid-2027, and the reward will drop to 3.125 LTC. This system aims to establish a long-term balance in value by reducing the supply over time. As it is known, Bitcoin also has a halving system.As a result, Litecoin's value comes from elements such as faster transaction times, low transaction fees, advanced technology solutions such as SegWit and Lightning Network, strong network security, widespread exchange support, and a limited supply structure. All these features make Litecoin a strong Bitcoin alternative coin and digital silver coin for both investors and users.Who is the Founder of Litecoin?Behind every major technology initiative is a visionary person or team. The answer to the question of who founded Litecoin is Charlie Lee, one of the pioneers in this field. So, who is Charlie Lee? Charlie Lee is an American computer engineer who created Litecoin. Born in Ivory Coast, Lee moved to the United States when he was 13. He graduated from high school in 1995 and then completed both his bachelor's and master's degrees in computer science at MIT (Massachusetts Institute of Technology), one of the most prestigious universities in the world, in 2000. His technical competence in this field was one of the main factors that led him to blockchain and cryptocurrency technologies at an early age. Charlie Lee's brother Bobby C. Lee is also a well-known name in the cryptocurrency world and is the founder and CEO of the exchange BTC China. Charlie Lee worked at Google for about ten years before entering the cryptocurrency field. During his tenure at Google, he took part in projects such as ChromeOS and developed his engineering skills in this field. In 2011, his interest in Bitcoin deepened and he developed Litecoin with the idea of creating his own digital currency in his spare time. Thus, 2011 was recorded as the release date of Litecoin. Litecoin founder Charlie Lee Lee, who left Google in July 2013, started working at Coinbase, one of the largest cryptocurrency platforms of the time. He took the position of Director of Engineering here and continued in this position until 2017. During this period, he both increased his contributions to the cryptocurrency ecosystem and continued to increase the awareness of Litecoin.Charlie Lee is a very influential and well-known figure in the cryptocurrency community. However, a decision he made in December 2017 caused a great repercussion: he announced that he was selling and donating all of his LTC coin assets. He said that he explained this decision with the idea that his impact on Litecoin would not create a perception of price manipulation and his commitment to the principle of decentralization. He stated that he took such a step in response to criticism that his comments on social media could have an impact on the price of LTC coin. He stated that he had no coins left except for a few Litecoins that he had printed in physical form after the sale. Later, he said that he did not think this decision was right in the long run.Today, Charlie Lee works full-time with the Litecoin Foundation and advises the project. The Foundation is a non-profit organization that promotes Litecoin adoption and supports its technological development. In short, Charlie Lee's creation of Litecoin and his contributions over the years have made him one of the leading figures in the cryptocurrency world.Frequently Asked Questions (FAQ)Below you can find frequently asked questions and answers about the well-established altcoin Litecoin:What is Litecoin and how is it different from Bitcoin?: Litecoin is an open-source cryptocurrency developed by Charlie Lee in 2011. It works similarly to Bitcoin, but is distinguished by its faster transaction times, lower fees, and use of a different mining algorithm (Scrypt).Is LTC coin suitable for investment?: LTC coin is a reliable project that has been on the market for a long time. It is one of the preferred alternatives in terms of investment with its low transaction fees and active developer support. However, as with every crypto investment, it involves risk.How fast is Litecoin?: The block time in Litecoin is about 2.5 minutes, which means it offers transaction confirmations about four times faster than Bitcoin.Which wallets support LTC?: Litecoin is supported by many software and hardware wallets such as Litecoin Core, Litewallet, Electrum-LTC, Trust Wallet, and Ledger.Does Litecoin have a privacy feature?: Yes, Litecoin started offering an optional privacy feature with the MWEB (Mimblewimble Extension Block) upgrade in 2022. This allows transaction amounts and addresses to be hidden.Is LTC supply limited?: Yes, the LTC coin supply is limited to 84 million. The supply control is supported by the halving mechanism that occurs approximately every four years.Don't forget to follow our JR Kripto Guide series to learn about the most established projects in the history of Litecoin and cryptocurrencies!
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4 Jul 2025
ONDO Comments and Price Analysis 3 July 2025
ONDO/USDT Short-Term Technical AnalysisWhile Ondo Finance continues to provide easier and more transparent access to investors by bringing real-world assets like government bonds onto the blockchain, ONDO sits at the very center of this system. The importance of ONDO should be emphasized in this era of growing institutional interest. Wide Falling Channel Looking at the ONDO chart on a 4-hour time frame, we observe that ONDO has been forming a widening descending channel pattern. The coin continues to trade within this pattern without a breakout and has tested the upper boundary of the trend for the fourth time today. The price zone of $0.765–$0.785 acts as a major resistance, which would turn into support if the price breaks above this area. An upward breakout is highly likely if the price holds above this level. In such a scenario, the price could first test $0.83 and potentially climb toward the $0.90–$0.92 range. If momentum continues, ONDO may aim to test the $1.00 level as a primary target. For downward price movements, it is best to follow the support levels indicated on the chart.These analyses are not intended as investment advice. They focus on key support and resistance levels that may present trading opportunities in the short and medium term, based on market conditions. Users are fully responsible for their own decisions and risk management. Moreover, it is strongly recommended to use a stop-loss (SL) strategy when trading.
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3 Jul 2025
What is Neiro (NEIRO)?
Neiro (NEIRO) is a new cryptocurrency that will be launched in mid-2024 and is inspired by the Dogecoin community. Built on the Ethereum blockchain, Neiro has a completely community-focused approach with no trading taxes or pre-allocated team tokens. Named after the new dog adopted by the owner of Kabosu, the Shiba Inu dog that gave life to the famous Doge meme, Neiro quickly gained great attention and value. This project, which started as a “meme coin,” has gained a remarkable place in the crypto market thanks to its strong community support, limited supply, and technological features.Definition and Origin of NeiroWhat is Neiro? Neiro was designed as a dog-themed meme token and is one of the newest representatives of the trend that started with Dogecoin. After the legendary Shiba Inu named Kabosu passed away in May 2024, his owner Atsuko Sato adopted a new Shiba Inu and named him Neiro. This news created great excitement in the crypto community, leading to the emergence of various tokens called Neiro. In particular, multiple Neiro tokens were launched on the Solana and Ethereum networks over the weekend. Initially, two different Neiro projects stood out, one of which quickly reached a market value of $100 million. However, this early rise was followed by a sharp sell-off as discussions began among the communities about “which is the real Neiro?” Kobasu's owner shared her new dog, Neiro, on Instagram. Despite this chaotic start, the “First Neiro on Ethereum” project, referred to as the “real Neiro” and launched on Ethereum, quickly stood out from the rest. Launched on the Ethereum network on July 27, 2024, this token was managed entirely by the Community Takeover (CTO) model, which was based on community ownership. Although the founding team was anonymous and disappeared shortly after, the Neiro community embraced the project and continued to develop it. For this reason, Neiro has become a 100% community-managed cryptocurrency without a central authority since its inception. The project’s smart contract ownership was left by the founders (renounce), and 99% of its liquidity was burned, minimizing possible rug pull risks. The fact that there are no taxes or deductions on purchase and sale transactions is also an important factor that increases user confidence. The story of Neiro’s emergence is seen as a tribute to the Dogecoin legend. Because Kabosu, who gave life to the Doge meme, is the owner’s new dog. Therefore, Neiro began to be referred to as the successor of Doge culture from the very beginning. In fact, in the crypto community, Neiro is also described as the “spiritual successor” of Dogecoin in the meme coin world.Neiro History: Important MilestonesThe Neiro project has a short but eventful history. As with other meme coins, Neiro has come to the fore especially with its sharp increases or decreases in price. Let's take a look at the milestones in Neiro's history, which has not even completed a year:July 2024: The birth of NeiroWith Atsuko Sato's announcement of her new dog Neiro, many people started creating tokens with the same name. Neiro tokens on the Solana network in particular attracted great attention, and that weekend, transaction volumes on Solana even exceeded Ethereum. The developer of the first Neiro token to emerge made a profit of approximately $ 5.4 million from this wave of popularity. However, Atsuko Sato was disturbed by this unexpected crypto frenzy involving her name and stated on social media that one should be careful about such tokens, and announced that she had no official connection with any Neiro token.August 2024: The community is risingThe Neiro (NEIRO) token, which was launched on Ethereum on August 4, 2024, has become a structure managed entirely by the community. At the beginning of the project, the founding team sent some of the tokens to Ethereum founder Vitalik Buterin. This strategy attracted attention as a move similar to the Shiba Inu project's 2021 token sending tokens to Vitalik. Indeed, a few days later, Vitalik Buterin confirmed that he donated more than $ 500,000 in income from selling Neiro tokens to an animal welfare foundation. Vitalik's interaction with Neiro was recorded as the second time the famous founder has been involved in a meme coin project after Shiba Inu. Vitalik's NEIRO transactions September 2024: Exchange listings for Neiro Community-managed Neiro has been rapidly developing and has also entered the radar of major players in the market. In September 2024, Binance, one of the world's largest crypto exchanges, listed the Ethereum-based NEIRO token. With this listing news, Neiro's price skyrocketed. Because it gained over 1100% in value in one day and reached an all-time high of $0.001502 in October 2024. The Binance listing greatly increased Neiro's visibility and liquidity. Moreover, a much wider audience of investors was introduced to Neiro. During the same period, other important platforms such as KuCoin and Bybit added NEIRO to their lists, rocketing the project's adoption rate. October 2024: Significant price fluctuationsAs of October 2024, Neiro managed to enter the top 100 most valuable cryptocurrencies by reaching a market value of over $900 million. During this period, large-scale investors, or whale accounts, made serious investments in NEIRO. The purchase of millions of dollars worth of Neiro by institutional-level institutions such as GSR Markets pushed the price even higher. Neiro achieved a tremendous uptrend, albeit briefly. However, due to the nature of meme coin markets, price volatility was quite high. Announcements that Binance would soon list another Solana-based NEIRO version caused confusion among investors. While some users criticized Binance's listing of different Neiro tokens, the price of the NEIRO token on Ethereum fell by more than 50% with this uncertainty. Price movements since NEIRO launch 2025: Official recognition and future stepsAfter the volatility of the first months, the Neiro project began to be built on more solid foundations. The community focused on developing various use cases and benefits so that Neiro would not remain just a joke token. As of 2025, innovations such as NFT collections, decentralized finance (DeFi) applications, and collaborations with other popular memecoins were on the agenda with Neiro. One of the most notable developments was the official securing of Neiro's intellectual property rights in April 2025. The Neiro community partnered with Own The Doge DAO, which is considered the guardian of Doge culture, to purchase the license to use the Neiro name and image from Atsuko Sato.Thanks to this step, Neiro became the legal successor of the true Doge legend. Atsuko Sato also approved this license as a result of her discussions with the community, emphasizing that it was in line with Neiro's values of community spirit, transparency, and philanthropy. With the license agreement, Neiro became one of the first officially licensed meme coins in history and gained legal protection against countless counterfeit tokens on the market.Following this historic step, Neiro began new initiatives to keep Dogecoin's cultural heritage alive and expand its community. It was planned to launch a Neiro NFT collection within the scope of the license, and a portion of the income to be transferred to Atsuko Sato and charities. Adopting the slogan "Do Only Good Everyday", the community has donated nearly $300,000 to animal shelters around the world to date and continues its philanthropic activities. As of 2025, Neiro has solidified its success by being among the highest volume tokens on major exchanges such as Binance and OKX.Why is Neiro Valuable?There are multiple reasons behind Neiro's rapid popularity and its value by investors.Limited supply and community hypeWhile many meme coins have an inflationary structure, launching with trillions of supplies, Neiro's supply is limited to approximately 420 billion tokens. This relatively low supply has created a sense of scarcity, especially within the community, and has fueled demand. Almost all of the supply is in circulation, and there are no shares reserved for specific individuals or teams. As a result, users who purchased Neiro early on have made significant gains as the price has risen, and these success stories have created a wide interaction on social media, causing more people to turn to Neiro with FOMO (fear of missing out). The thousands of percent increases, especially at the end of 2024, have made Neiro one of the most talked-about cryptocurrencies of the year, albeit for a while.Community and fair distributionPerhaps the most valuable aspect of the Neiro project is that it is completely community-driven. With the withdrawal of the founding team from the project, all decision-making processes and development steps have been entrusted to the community. This makes Neiro a truly decentralized cryptocurrency with no central governance or single leader. With no pre-allocated tokens for the team and smart contract ownership renounced, no founder or developer can come along and manipulate the project in their favor. Additionally, zero transaction taxes (no additional fees on purchases and sales) mean investors don’t incur any additional costs when buying and selling the token. Neiro has been confirmed to be renounced. Source: QuickIntel Technological infrastructure and areas of useAlthough Neiro was born from a culture of humor, it has a technically solid infrastructure. Thanks to its operation in the ERC-20 standard on the Ethereum blockchain, it is included in an ecosystem compatible with smart contracts and decentralized applications (DApps). This makes it possible for the Neiro token to be used for various purposes on different platforms, not just for trading. For example, staking can be done with Neiro. In other words, users can earn new token rewards by locking their NEIRO tokens in smart contracts. The staking mechanism reduces the circulating supply in the market by encouraging long-term holding and contributes to price stability.In addition, the Neiro community grants governance rights to token holders. In other words, NEIRO holders can vote on important decisions regarding the project and thus have a direct say in the future of Neiro. This type of decentralized governance is a valuable feature that distinguishes the project from others, especially in the DeFi field. Finally, the multi-chain strategy that combines the reliability of Ethereum and the transaction speed of Solana also adds value to Neiro.Large investor support and liquidityAnother element that reinforces the value of Neiro is the strong market support that has formed around the project. In late 2024, Neiro entered the radar of some large-scale crypto investors. For example, GSR Markets, an international liquidity provider, became a strategic partner of the project by purchasing millions of dollars worth of NEIRO tokens. As a result, Neiro's market liquidity deepened and it was easier to list on major exchanges. The launch of NEIRO transactions on high-volume platforms such as Binance, OKX, KuCoin, Bybit increased the token's daily trading volume and circulation exponentially.In fact, shortly after its listing on Binance, Neiro rose to the top 5 most traded tokens on Binance by global trading volume. In addition, the Neiro community has protected the project's image thanks to the intellectual rights it has obtained through the official license agreement and has prevented possible copycat projects.Philanthropy and cultural heritageThe elements that make Neiro valuable are not only financial and technical. The community's philanthropic mission and commitment to Doge culture also give the project a separate meaning. Neiro gives the message that it is "not just here for fun, but also for good" by making regular donations to animal shelters and animal welfare organizations in the real world. In particular, the donations made to the shelter where the real Neiro dog, which inspired the project, once stayed and the efforts to keep the values of the Dogecoin community alive create sympathy for the project in the hearts of investors. In this way, Neiro, unlike many other short-lived meme coins, has managed to offer a sustainable value because it has a meaningful purpose and an engaged audience around it.Of course, all these do not change the fact that Neiro is a high-risk asset. Neiro's value is largely dependent on community interest, market trends and speculative sentiments. There are always sudden price fluctuations and investment risks. However, the unique aspects of the project and the progress it has made put Neiro in a special position among similar meme coins. Who are the Founders of Neiro?Who is the founder of Neiro? As we mentioned above, the story of the founding of the Neiro project is different from conventional crypto projects and is a bit mysterious. Neiro's founders are anonymous. The team that created the Neiro token during the first launch in July 2024 kept their identities secret and disappeared after the project gained popularity. In other words, there is no specific founding CEO, company or official team for Neiro. Although this situation created uncertainty at the beginning, community members embraced the project and it became a large organization. Although the withdrawal of the founding team seemed like a negative development, Neiro continued on its path thanks to the community takeover. Today, Neiro's management and development depend entirely on the collective will of the community. Although there are volunteers who are prominent in directing the project, they act as community moderators or leaders rather than official titles. For example, one of the leading members of the Neiro community is known to the public only by the nickname "S" and this person speaks on behalf of the community in important statements. However, "S" or other community leaders are not in the traditional sense of a founder or boss. Because decisions are made in a decentralized manner, through voting and consensus. Since Neiro's code infrastructure and smart contract were renounced (the right to ownership was abandoned) shortly after it was launched, no one has exclusive control over the smart contract.Frequently Asked Questions (FAQ)Below, you can find frequently asked questions and some answers about the cryptocurrency project:Which blockchain does Neiro work on: Neiro first entered the market as an ERC-20 token on the Ethereum blockchain. In other words, it technically inherits the security, transparency and smart contract capabilities of the Ethereum network. Since it works on Ethereum, you can hold and transfer NEIRO in Ethereum wallets (e.g. MetaMask). However, there are also different versions of Neiro.What are the features of Neiro coin?: The maximum supply of NEIRO on Ethereum is determined as approximately 420.69 billion units. A significant portion of this supply is distributed fairly to the community and locked in liquidity pools. The token's smart contract was published on Ethereum at 0x812b...a853ee and verified via Etherscan. Since the contract ownership is abandoned by the developers for security reasons, the code cannot be changed later, and since 99% of the liquidity is burned, the risk of rug pull (sudden exit scam) is minimized. In summary, Neiro is a multi-chain meme token that takes its technical infrastructure from Ethereum and also operates on Solana. What is the total supply of the Neiro token and what is the amount in circulation?: Neiro's total maximum supply is determined as approximately 420.69 billion (420,690,000,000) tokens. This figure has the "420" reference frequently encountered in crypto humor culture, and is also a more limited amount compared to the trillion-strong supply of other meme coins such as Dogecoin or Shiba Inu. According to CoinMarketCap data, almost all NEIRO tokens are in circulation – for example, as of May 2025, there were approximately 420.68 billion NEIRO in circulation. The distribution of the supply is extremely widespread and community-based, as there are no pre-mine or locked tokens reserved for any team or specific investor at the beginning. This means that no one, other than the initial investors, has control over an excessive amount of tokens. While the fixed supply (no new tokens are minted) prevents inflationary pressure, burns over time and mechanisms such as staking are also factors that can support the value per token by reducing the effective circulating supply. What are the differences between Neiro and Dogecoin?: When it comes to Neiro vs Dogecoin, while both are Shiba Inu-themed meme coins, there are significant differences between them. For example, Dogecoin is an independent cryptocurrency with its own blockchain, using a Proof-of-Work-based structure forked from the Bitcoin protocol. Dogecoin is mined and the total supply is constantly increasing with new Doges produced each year. In contrast, Neiro is not mined as it is a token on the Ethereum blockchain, inherits the consensus mechanism from Ethereum, and has a fixed maximum supply. In addition, when Dogecoin was created as a joke in 2013, it was technically a very simple cryptocurrency; it did not have smart contract support or advanced use cases. Neiro, on the other hand, has been designed to include current blockchain technologies and DeFi trends, with the advantage of being launched almost 10 years later. Neiro token holders can use DeFi protocols in the Ethereum ecosystem, earn returns by staking their tokens, or participate in governance votes. On the Dogecoin side, such opportunities are provided only through secondary projects (e.g. wrapped tokens such as Dogechain or wDOGE). Is Neiro investment safe and what should be considered?: It should be emphasized from the outset that there is no absolute guarantee in cryptocurrency investments. The technical measures mentioned above make Neiro safer than many anonymous meme coins. However, Neiro, like other meme coins, is an extremely volatile asset. Its price can rise very high in short periods of time, as well as experience sudden drops. For this reason, when investing in Neiro, it is important to trade in amounts that you can afford to lose despite all the attractive aspects of the project and not to neglect risk management.Follow our JR Kripto Guide series for more about Neiro, known as the heir to Dogecoin, and other meme coins.
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3 Jul 2025
AAVE Reviews and Price Analysis 3 July 2025
AAVE Technical OutlookThe founder of Aave Labs, Stani Kulechov, recently stated that the inefficiencies and poor user experiences in traditional finance present a great opportunity for financial services to transition to the blockchain. Therefore, Aave aims to be at the very center of this transformation with its DeFi solutions. Falling Trend Structure The AAVE/USDT pair has been trading within a descending trend on the daily time frame since the end of 2024. The price recently tested $323 and then pulled back to $210, where it encountered strong buying momentum and rose again toward the resistance level of $294, which represents both a horizontal resistance and a long-standing downtrend level. The area between $294 and $331 appears to be a significant sell zone. It is highly likely that if this trend breaks upward and AAVE holds above the $331 level, the price could see substantial gains.However, a pullback to the $239–$251 zone, also considered a strong buy area, is possible. If this support breaks down, the price could first test $210 and potentially drop to the major support level at $180. For now, AAVE is trading at a highly critical level.These analyses are not intended as investment advice. They focus on key support and resistance levels that may offer trading opportunities in the short and medium term, depending on market conditions. Users are solely responsible for their own decisions and risk management. Moreover, it is strongly recommended to use a stop-loss (SL) strategy when trading.
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3 Jul 2025
Three Steps in a Row from Ripple: FED, License, and RLUSD Support from a Major Bank
Ripple has taken a groundbreaking step in the cryptocurrency sector by applying for a national bank license in the US. According to a July 3 report by The Wall Street Journal, with this license, the company will be subject to stricter federal oversight and will also establish a stronger foundation for the oversight and reserve management of its new stablecoin, RLUSD.OCC application draws attention in the Ripple ecosystemThe national bank license that Ripple has applied for is issued by the Office of the Comptroller of the Currency (OCC), which is part of the US Department of the Treasury. If approved, Ripple will be authorized at the federal level in addition to the licenses it has already obtained from state-level authorities such as the New York Department of Financial Services (NYDFS). This will enable Ripple to provide services not only within state borders but nationwide.This license will also help Ripple launch its RLUSD stablecoin in a more transparent and auditable manner. As an institution operating under federal regulation, Ripple will be able to hold the reserves backing this asset directly at the US Federal Reserve.Application for a “master account” with the FEDHowever, this is not the only application Ripple has made. It was also announced that the company has applied for a “Master Account” with the Federal Reserve (FED) through Standard Custody & Trust Company, which it acquired last year. Such an account allows the company to access the FED's payment systems directly. This access, which has been quite limited for crypto companies until now, could open the door to a new era for Ripple.According to Fox Business reporter Eleanor Terrett, obtaining a FED master account is an even more critical development than obtaining a bank license. Terrett summarized the access levels by quoting a banking lawyer: “Master account = Diamond, bank license = Platinum, trust company license = Gold, money transfer license = Silver.” Thus, if Ripple receives approval for this application, it will be able to integrate directly into the US payment infrastructure. Amina Bank Becomes the First Institution to Support RLUSDSupport for Ripple’s RLUSD initiative also came from Europe. Switzerland-based Amina Bank became the first bank to announce direct support for the RLUSD stablecoin. The bank will initially offer custody and trading services. Myles Harrison, Amina’s Product Manager, said, “We are proud to provide our customers with access to one of the most anticipated digital assets.”FINMA-licensed Amina also holds regulatory licenses in Abu Dhabi and Hong Kong. The bank stands out with a 69% increase in revenue and a 136% growth in managed assets in 2024, positioning itself as Switzerland's fastest-growing crypto bank with $4.2 billion in AUM.As a reminder, Ripple introduced the RLUSD stablecoin in December 2024. RLUSD is fully backed by US dollar deposits, government bonds, and cash equivalents, ensuring price stability and trading at the 1 dollar level. To date, RLUSD has generated over 10 billion dollars in trading volume, with its circulating supply on the Ethereum network increasing fourfold. It currently holds a market capitalization of 469 million dollars, ranking as the 164th largest cryptocurrency.
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3 Jul 2025
What is Fwog (FWOG)?
What is Fwog? FWOG is a frog-themed coin running on the Solana blockchain. FWOG, which takes its name from the word "frog", may seem like a humorous project at first glance, but it draws attention with the community structure and rebirth story behind it. FWOG, which has a humorous brand identity, is managed with a community-focused model called "Community Takeover" (CTO), unlike traditional cryptocurrency projects. In other words, here, token holders and community members have a say, not a specific company, CEO or development team. The direction of the project, the decisions made and the development process are completely shaped in the hands of this active community. Thanks to this approach, FWOG is not just a temporary fad or a short-term investment vehicle, but rather a sustainable meme coin project shaped around an active community, blended with social ties and entertainment.Standing out with its visual theme based on frog jokes, cult internet meme elements and anime aesthetics, FWOG has developed an identity that spreads rapidly on social media. The project, which combines its humorous approach with anime inspirations such as Dragon Ball, has managed to attract young and dynamic audiences. The emergence of FWOG is actually directly related to FLOG (Flog the Frog), a failed project. After FLOG's short adventure that ended in disappointment, the community decided to revive the project instead of abandoning it and created a new token, FWOG. In other words, FWOG attracts attention in the crypto world as both a product of community solidarity and a story of liberation.To summarize briefly, FWOG is a decentralized, humorous but also potential meme token born with the understanding of "we are the community". Let's take a look at questions such as "What is FWOG coin?", "What is the difference between FWOG and FLOG?", "What are the features of FWOG coin?" and more in this detailed guide.FWOG Definition and OriginFWOG, as its name suggests, is a frog-themed meme coin. However, the most important difference that sets it apart from other memecoins is that it does not have a single development team behind it, but a strong and passionate community. FWOG works with the “Community Takeover” model. This model is based on a decentralized structure; that is, decisions are not made by a center, but by the collective will of the community. According to various crypto platforms, FWOG has become a “live, community-driven token” thanks to its decentralized structure and offers serious return potential. At this point, the FWOG community collectively embraced FWOG and worked together to continuously develop the project. As a result, FWOG made a name for itself in a short time. One of the most important aspects of the project is its visual identity. FWOG's theme is adorned with frog memes from internet culture and popular anime aesthetics. Thus, the project has become interesting not only for investors, but also for users who want to establish an artistic and cultural connection. The visual characters of FWOG were originally designed by Tito (known as @Groowut or “Wut” on Twitter/X), an artist who created the FLOG project that was originally launched under the name “Flog the Frog.” After FLOG failed, the community decided to revive the project under the name FWOG using the same artist and the visual language he created. This shows that FWOG is not only a token but also a product of collective creation.Fwog History: Major MilestonesThe story of FWOG is based on a resurrection story that emerged from the shadow of another failed meme coin, FLOG. The first project, known as Flog the Frog (FLOG), was launched on the Solana network on July 30, 2024. Thus, it became one of the “2024 meme coins.” It received serious attention immediately upon launch; it made a big splash by reaching a market value of nearly $4 million in just four hours. However, this rise did not last long. When the development team behind the project sold their tokens and abandoned the project, prices crashed rapidly and the community suffered serious losses.This incident was an example of a “rug pull” incident, which is a common occurrence in the crypto world. However, this time, something different happened: Instead of remaining silent, the community took action. Well-known names in the crypto world such as “Anon” and “Deecayz” protested this situation and took steps for a new beginning. This community-driven effort was called “Community Takeover” (CTO). In short, community members who invested in a failed project decided to take over the project and reshape it. The good news is that FLOG’s original character designer Groowut (aka Wut) also supported this rebirth process. With the artist’s contribution, a new roadmap was drawn for the FWOG project. On August 3, 2024, the FWOG token was officially announced with a new smart contract, and the second life of the project began. At this point, not only the community but also well-known names from the NFT world joined the project. In particular, Cole, the founder of Pudgy Penguins, supported FWOG without asking for any fee, participated in the collaboration for the NFT series and made a great contribution to the project. You can see the differences between FWOG and FLOG in the table below:FeatureFlog (FLOG)Fwog (FWOG)Launch DateJuly 2024August 2024BlockchainSolanaSolanaGovernance ModelCentralized (controlled by the developer team)Decentralized (Community Takeover – CTO)Developer TeamBreezy & Pyro (lost credibility by the end of the project)Project is community-led; artist Titto (Groowut) and supporters involvedArtist SupportUsed Titto's designs but did not receive support from the artistTitto’s art and contributions were embraced by the communityMarket PerformanceLost 91% of its value after launchReached $25 million market cap within 6 hours of launchCommunity EngagementLimited and passive; community scattered after trust was lostActive and strong; wide support and engagement on social mediaToken SupplyNot disclosedApproximately 975 million tokensListing StatusListed on a few exchangesListed on exchanges like Gate.io, MEXC, and BingXSecurity & TransparencyDeveloper team lost trust after sudden token dumpsTransparent process led by the community; 11 million tokens were burnedTransparency was at the forefront of the new FWOG launch. The team made a token purchase of only $ 75 and burned 11 million FWOG tokens to avoid manipulation. This gesture was a symbolic but powerful step towards regaining lost trust within the community. Within the first 6 hours after the launch, FWOG reached a market value of over $ 25 million. In the following days, the community continued to grow and support the project. With its listing on exchanges such as Gate.io, FWOG's total market value increased to $ 720 million.At the end of this process, FWOG gained a significant reputation in the cryptocurrency field. Because it strikingly demonstrated how a project that was originally unsuccessful could be revived by the community. In the crypto world, it brought a project that investors would say "never again" due to the fraud case to success.Why is FWOG Valuable?So, what is FWOG token for? Why is it valuable? There are several basic factors behind the value of FWOG. Why is a cryptocurrency project valuable? This question is actually much more complicated than we think. In traditional projects, criteria such as technological innovations, strong team structure, a concrete problem it is trying to solve, and a sustainable economic model are usually prominent. However, when it comes to meme coins, the tone of the matter changes a bit. Because here, humor becomes as important as technology, community as important as team, and timing as important as roadmap. It is no coincidence that Dogecoin, inspired by a dog, or a Pepe cartoon that shaped internet culture, turned into million-dollar projects. Sometimes people prefer to invest in a fun community where they feel they belong, rather than a serious financial product.This is where the story of FWOG becomes meaningful. As a project that does not have a central team behind it, rises entirely on the shoulders of the community, and does not underestimate the power of humor, FWOG quickly attracted widespread attention. Because it managed to enter the radar of investors looking for serious earning opportunities. So, what exactly makes FWOG valuable? Let's take a look at the basic building blocks behind this extraordinary meme coin. FWOG community participationThe first element that makes FWOG valuable is community participation and trust. While traditional projects are tied to a single founder or team, in FWOG, token holders have a direct say. According to some experts, thanks to this “Community Takeover (CTO)” model, the project has become more stable and transparent. For example, the team made a $ 75 purchase transaction that did not make a big difference and showed transparency by burning 11 million tokens. It gained the trust of investors with such steps.FWOG's striking themeThe second factor is FWOG's marketing and theme strategy. Drawing attention with a fun brand identity with a frog motif, FWOG resembles the success stories of other meme coins such as Doge or Pepe. Standing out with its humorous content and anime-inspired visuals, the project has also gathered a large follower base on social media. In other words, for cryptocurrency investors, FWOG is a project that is “not just a temporary trend, but formed around a vibrant community.” Market performance and “speculation” seen in meme coinsThe third factor is market performance and speculation. The price movements of meme coin FWOG have shown great fluctuations in a short period of time. It recorded a remarkable increase of about 681% from the period when its base price was low to its peak in August 2024. Such a rally with great ups and downs has attracted the attention of investors who follow the meme coin market. Currently, the total supply of FWOG is about 976 million tokens, with a peak market value of $720 million.Support from the crypto spaceFinally, community unity and celebrity support have helped the project stand out. Prominent figures such as Cole, the founder of Pudgy Penguins, have supported FWOG, increasing its media visibility. Platforms such as OKX have also described FWOG as a “symbol of community empowerment”, highlighting its creativity and unity. FWOG NFTsOne of the important elements that show that FWOG is not just a token is the FWOG NFT collections. These NFTs were designed by FWOG’s creative artist Groowut. In particular, the 1/1 collection called “The Pond” attracted serious attention within the community by featuring 100 unique FWOG characters. Some of the NFTs were listed on platforms such as Magic Eden and found buyers for up to 260 SOL. Data on FWOG NFTs in Magic Eden. The difference between FWOG and other meme coinsMeme coins are one of the most colorful and volatile segments of the crypto world. Although they started as a “joke,” projects like Dogecoin, Shiba Inu, and Pepe have reached millions of dollars in market value and have become assets that investors follow seriously. FWOG is positioned as an extension of this wave. So, what distinguishes FWOG from these other projects?First of all, the story of FWOG’s birth is different. While Dogecoin emerged as a software engineer and Shiba Inu emerged as a more classic “suddenly popular” community project, FWOG took shape as a result of a “rescue operation.” In other words, it set out as a token that the community revived by working together after a failed project. On the other hand, FWOG runs on the Solana blockchain. This technically distinguishes it from the Ethereum-based Shiba Inu and Pepe. The low transaction fees and fast confirmation times offered by Solana make FWOG more attractive, especially to active users and traders. Also, FWOG’s total supply is more limited compared to other meme coins with a massive trillion supply. Here are the key differences that show where FWOG stands compared to other popular meme coins:FeatureFwog (FWOG)Dogecoin (DOGE)Pepe Coin (PEPE)Shiba Inu (SHIB)Bonk (BONK)Launch DateAugust 2024December 2013April 2023August 2020December 2022BlockchainSolanaDogecoin (a Bitcoin fork)Ethereum (ERC-20)Ethereum (ERC-20)SolanaTotal Supply~975 millionUnlimited (5 billion new DOGE annually)420.69 trillion1 quadrillion100 trillionGovernance ModelCommunity-focused (Community Takeover)Not centralized; originally launched by developersLaunched by a centralized teamInitially centralized, later moved to a DAO structureMixed: community + centralized teamMarket Cap (approx.)$720 million$37 billion$4 billion$8 billion$1.5 billionPriceAround $0.07Around $0.22Around $0.0000000011Around $0.000014Around $0.000020ThemeFrog-themed, humor + anime + internet cultureShiba Inu dog theme, classic meme humorPepe the Frog meme, political + chaotic cultureShiba Inu dog, positioned as a “Dogecoin killer”Dog-themed, Solana’s meme faceCommunityGrowing and active; strong "rescue" community spiritEstablished and loyal communityYoung, social media-centric communityBroad community, supported by DeFi and NFT ecosystemsVibrant community rooted in Solana user baseWho are the Founders of FWOG?The well-known creative name behind FWOG is an artist nicknamed Groowut. Groowut (also known as Wut) is known as the creator of the original FLOG project and one of the designers of FWOG. However, since FWOG operates according to the decentralized CTO model, there is no single “founder” behind it. It is emphasized that FWOG was shaped entirely by community members, not by a specific development team.Nevertheless, a few names that contributed to the project stand out. For example, Cole, the founder of the famous NFT collection Pudgy Penguins, was among those who supported FWOG. Cole joined the community and designed the official NFT series, contributing to the project without requesting any financial gain. In addition, well-known names in the crypto world such as “Anon” and “Deecayz” in the FWOG community organized the process. Despite all these contributions, FWOG was designed as a project managed with the understanding of “we are the community”. In other words, the direction of the project is determined by the collective efforts of volunteer community members. The FWOG governance model is the most basic feature of the project.Frequently Asked Questions (FAQ)Below, you can find some frequently asked questions about FWOG:What is FWOG and who is it for? FWOG is a frog-themed meme coin running on the Solana blockchain. FWOG, which has a community-oriented structure, was developed with a humorous and creative approach. It is designed especially for investors interested in meme coins, community members who embrace internet culture, and entertainment-oriented users.What can be done with the FWOG token? FWOG tokens can be bought and sold on centralized and decentralized exchanges. You can also contribute to the project by joining the FWOG community and access NFT collections.Is FWOG an investment or just a joke? Although FWOG started as a humorous memecoin, it has become a project with potential for investors thanks to its strong community support and transparent governance model. However, like all crypto assets, FWOG also carries risks; It is important to make careful evaluations before investing.How to join the FWOG community? To join the FWOG community, you can follow the official social media accounts, join the Discord and Telegram groups. You can also take an active role in the community by purchasing FWOG tokens.How to buy FWOG NFTs? To buy FWOG NFTs, connect your Solana wallet (e.g. Phantom) to Solana-based NFT marketplaces like Magic Eden to search and buy the NFTs you like. You will need SOL tokens for the purchase.Are you ready to get to know the funniest frog in Web3? Follow our JR Kripto Guide series for more about FWOG!
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3 Jul 2025
What is Peanut the Squirrel (PNUT)?
With dog-themed coins like Dogecoin, Shiba Inu, and cat-themed coins like POPCAT, MEW, TOSHI, the meme coin ecosystem has expanded considerably in the animal kingdom. Recently, a squirrel has entered the scene. Peanut the Squirrel (PNUT), for short, is a squirrel-themed meme coin created on the Solana blockchain. Based on the story of Peanut, a pet squirrel that went viral among internet users, this token emerged as a humorous Web3 token rather than traditional crypto projects. PNUT's value proposition is based heavily on its viral nature, community power, and digital humor elements. The project's goal is to create a "fun, participatory, and reward-based ecosystem." In this guide, you can find answers to questions such as what is PNUT coin and why is it talked about so much.PNUT's Definition and OriginsWhat is PNUT? PNUT is a meme coin launched on the Solana blockchain in November 2024. It took its name from Peanut, a pet squirrel popular on social media. PNUT, which is part of the new generation “meme coin trend”, is a project based on internet culture and community humor rather than classical financial foundations, in line with the meme coin culture. According to the project’s own definition, it combines Web3 mechanisms such as mini-games, staking, and rewards to achieve its goal. For example, PNUT users can earn rewards in a “play-to-earn” model by collecting “digital nuts”. The tragic story of pet Peanut was reflected in the media in the fall of 2024. Peanut was a squirrel rescued by his owner Mark Longo and reached hundreds of thousands of followers on Instagram. However, the New York State Department of Environmental Conservation (DEC) seized the squirrel named Peanut and the raccoon named Fred and culled them in November 2024 due to the risk of carrying rabies. This incident caused a huge public outcry and led to the proposal of an animal rights law called “Peanut’s Law”. This incident caused a huge backlash on social media, and along with the statements made by Peanut's owner, it became a viral movement. In response, an anonymous group of developers launched the PNUT token. Thus, they converted Peanut's legacy into crypto. The token attracted great attention within a few days after its launch.The main purpose of PNUT is shown as providing users with a fun participation experience. Positioned as a community coin in the Web3 world, PNUT rewards participation through gamification, staking, NFTs and social events. According to the project descriptions, PNUT both develops educational games that teach basic crypto concepts and organizes community reward and donation events.PNUT's slogan is "A squirrel can change everything". Because it points to the viral power of the project on social media. Indeed, the posts that PNUT spreads include squirrel images and animations, which are frequently shared on social media channels, especially TikTok. A few TikTok posts in particular led to the rapid popularity of the PNUT token. In this way, the token reached a wide audience on social platforms as a humorous content and stood out among the "viral coins".PNUT History: Major Turning PointsEvery great story has a beginning. But this one is a little different: it starts with a squirrel, a hazelnut, and the power of the internet. As we mentioned earlier, Peanut the Squirrel (PNUT) emerged as a joke in 2024, but quickly gained a serious place in the crypto universe. With squirrel videos spreading on social media, viral campaigns, and the energy of the community, the story of PNUT turned into an adventure that would overshadow even classic meme coin tales in a few weeks. Now, let's take a look at the most important turning points of this "nut-filled" journey together.2024: Token launch took placeThe PNUT token entered the market in November 2024 after the squirrel named Peanut was put to sleep. It was minted on the Solana blockchain and offered to the community. PNUT quickly gained popularity immediately after its announcement in November 2024. According to the statements at the launch, the supply amount was determined as approximately 1 billion PNUT. PNUT, which has spread as an embraced project since its early days, was directly supported by the community without raising funds through official means (fair launch). During this period, the project's smart contract was shared as open source and its developers remained anonymous.“Viral” movement on social media: Elon Musk postsPNUT went viral, especially on platforms such as TikTok and X (formerly Twitter). PNUT's “animated pre-sale promotional video” spread rapidly on TikTok. Following this, content shared on Reddit and X made PNUT talked about within the community. Humorous posts on social media such as “free squirrel” increased PNUT's participant base. For example, Elon Musk's mysterious posts on the subject also increased interest in PNUT. Elon Musk reacted to Peanut's death by sharing many posts on the X platform (formerly Twitter). One of these was a Jedi squirrel meme called "Obi PNut Kenobi". He also supported the PNUT coin with phrases such as "Vote For PNut! For Liberty! For Freedom!" Musk's posts caused a huge increase in the value of the PNUT coin. For example, after Musk's first tweet on November 2, 2024, the price of PNUT increased by 1,473% from $ 0.1258 to $ 1.98. During this period, a $ 100 investment reached approximately $ 1,573."Airdrop for acorn hunters" campaignTo grow the community, the PNUT team organized fun campaigns. One of these campaigns was a giveaway event called "airdrop for nut hunters".NFT and metaverse movesThe PNUT token is one of several meme coin projects listed on popular centralized and decentralized exchanges. Users in the community also pay for gifts and community initiatives with the PNUT token. The token has the potential to attract more users by integrating PNUT into some games and NFT applications in the Solana ecosystem.This entirely community-driven project has quickly gained huge popularity thanks to its decentralized structure. Users can collect and trade squirrel-themed NFTs customized with accessories such as nuts, hats, and even superhero capes. Moreover, the team is preparing to bring this humorous spirit to the virtual world: a special metaverse space is being created for the PNUT community in collaboration with VerseWorld. Developments are shared on the community’s Telegram channel, where everyone is welcome to contribute creatively.Why Is PNUT Valuable?So where does the value of the PNUT coin, which was born from a tragic squirrel story, actually come from? Here are some factors that affect the value...Active community and humorous narrativeThe most important factor in PNUT's value is its vibrant community. The sense of belonging created by the project's humorous and friendly language in the community encourages users to participate in crypto. Like many memecoins, PNUT is supported by jokes that spread rapidly on the internet. It is thought that PNUT has become one of the "community-driven value creation" tokens like DOGE and SHIB. The PNUT community became more integrated after the majority of the token supply entered circulation and made voluntary promotions for the project. The preference for organic viral marketing instead of institutional funding has made PNUT a "community coin".PNUT's social media posts quickly gained organic users for the project. Factors such as viral videos on TikTok and Elon Musk's crypto tweets drew the attention of crypto enthusiasts to PNUT. At the same time, squirrel content on Reddit and X attracted new users to the project. This organic growth occurred without advertising spending, so it was fueled by real user interest, not acquisitions. As a result, PNUT reached a market cap of over $1 billion in just a few weeks.Using the PNUT tokenThe PNUT token is designed for a variety of uses beyond being a purely speculative asset. For example, PNUT allows the collection and staking of “digital nuts” in mini-games with a P2E (play-to-earn) model. Users can earn more tokens by holding for a while (staking) or receive rewards in community events. PNUT holders can also use their tokens to buy and sell limited-edition squirrel-themed NFTs on the project’s NFT marketplace. Exchanges where PNUT is listed. Source: Pnutsol.com PNUT is currently listed on popular crypto tracking sites such as CoinMarketCap and CoinGecko, and is also traded on some major exchanges. Although it has reached a billion-dollar market value in a short time, its price is quite volatile. This means that for those who want to invest, both high profits and serious losses come together. Generally speaking, PNUT stands out as a fun and community-oriented initiative rather than a project based on technical infrastructure. Squirrel-themed NFTs can be stored as both a collection and used in transactions within the platform. If you want to be a part of this community, you can get information from PNUT's official website and social media accounts, and acquire the token with a Solana-compatible wallet. But it should not be forgotten: Like all other meme coins, PNUT also carries a lot of risk as well as a lot of fun.Who is the Founder of PNUT?PNUT was started by an anonymous team rather than a known corporate backer. According to analysis, a group of developers tokenized Peanut's story and brought PNUT to life. However, the identities of these developers were not disclosed. The project remains anonymous. PNUT’s smart contract is open source, meaning anyone can see and review the code. Moreover, it has a “fair” launch without any pre-sale or ICO to raise funds. This shows that the project is funded by the community, independent of the development and management costs. Community members can give their opinions on project activities and future of PNUT coin via plans.The community plays the largest role in PNUT governance. It is stated that collective decisions are made within the project using structures similar to the “Peanut DAO”. For example, the roadmap and major updates are shaped by the votes of community members. This democratic approach is a model we have seen in other community coins such as Shiba Inu. As a result, the pulse of users rather than anonymous developers determines PNUT’s path. Everyone can share their ideas in social media groups and Telegram/Discord channels.Frequently Asked Questions (FAQ)In this article, we examined the PNUT coin, which was launched in memory of the squirrel named Peanut, who passed away with a tragic farewell. Below you can find some frequently asked questions and answers about PNUT:Is PNUT really a serious project?: PNUT is not a project with big claims from a technical perspective. It has a structure based more on entertainment, community interaction and humor. In other words, instead of a serious technology project, it offers an environment where users come together, have fun and interact with NFTs. This distinguishes it from classic investment projects.Is it a meme coin or an investment?: PNUT is basically a meme coin. This project, born on the Solana network, stands out with community support and humor elements, just like Dogecoin or Shiba Inu. However, this does not mean that it cannot offer any return on investment. Due to its high volatility, both profit and loss potential are great. Therefore, it is useful to be careful when making an investment decision.What can be done with the PNUT token?: PNUT tokens can be used for purposes such as interacting with on-platform digital assets such as Squirrel NFTs, participating in certain events within the community, and occasionally participating in staking or rewards programs. It is also suitable for speculative gains by being bought and sold on exchanges.How do I join the community?: The best way to join the PNUT community is to follow the project's official social media accounts (especially X/Twitter) and community channels on platforms like Discord. You can usually get information about events, announcements, and new developments from here, and you can interact directly with other members.What are Squirrel NFTs for?: Squirrel-themed NFTs are both collectible and some can offer usable benefits in the PNUT ecosystem. For example, certain NFTs can have functions such as access to airdrops, entry to special communities, or use in game-like experiences. The features provided by each NFT may vary.A squirrel can transform a community. Follow our JR Kripto Guide series to join the PNUT ecosystem and take part in the fun Web3 experience!
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3 Jul 2025
What is Goatseus Maximus (GOAT)?
The cryptocurrency world is developing very quickly. New projects, tokens and trends are constantly coming to the fore. Lately, especially internet culture seems to be dominating the crypto market. Goatseus Maximus (GOAT) is a project born out of this culture. So, what is Goatseus Maximus? GOAT is a meme coin on the Solana blockchain that blends internet culture with artificial intelligence (AI)-supported promotion. This token, which emerged in 2024, was launched with the motto "Greatest of All Tokens". GOAT is actually a meme coin that became popular as a result of the social media posts of an artificial intelligence bot, Truth Terminal. The fake legend shared by the bot called "Goatse Gospel" forms the basic story behind the coin. Since its launch, the project, which is among the humorous coins, has spread rapidly on social media and has reached a market value of over hundreds of millions of dollars as of now. Now, let's examine the fun meme coin culture that focuses on community participation and going viral on the internet rather than being a classic investment tool, and questions such as what is GOAT coin, what is GOAT token used for...Definition and Origin of GOATMeme coins constitute the most entertaining and unpredictable corner of the crypto universe. Goatseus Maximus (GOAT) has brought a new breath to this area, both mythological and supported by artificial intelligence. This project, which emerged in 2024, takes its name from the slogan "Greatest Of All Tokens". However, GOAT is not just a joke, it draws attention with an artificial intelligence-supported meme culture. It also offers a rich experience with a community shaped by the DAO structure and NFT collections. Let's take a look at what GOAT is, how it came about, and why it has become so viral.Goatseus Maximus (GOAT) is a meme coin launched on the Solana network and backed by an autonomous artificial intelligence agent called "Truth Terminal". It all started when this AI developed an obsession with the “goatse” meme from the dark corners of the internet. With the help of its founder, Truth Terminal created the GOAT token and quickly built a large community by spreading a humorous religious narrative on social media. What Truth Terminal wrote about the "religion" of Goatseus Maximus GOAT has no specific purpose or function. It is a cryptocurrency that can only be transferred between Solana wallets. Despite this, the project quickly went viral and reached a market value of over $1 billion. Truth Terminal’s crazy content blended with humor and the “meme religion” narrative it created with so-called sacred texts called “Goatse Gospel” played a major role in GOAT’s rise. In short, we can say that Goatseus Maximus is a cryptocurrency that uses the humorous power of artificial intelligence bots. As we mentioned earlier, the bot behind the project enabled GOAT to spread like a “meme religion” by tweeting obsessively about goat memes on the internet. The birth of the project began when a researcher named Andy Ayrey set up unauthorized chat rooms between two language models. The artificial intelligences wrote a story called “Goatse Gospel” inspired by old internet jokes. Then, a bot called Truth Terminal used these texts as training data and started making crazy posts on Twitter“Greatest Of All Tokens” mottoGOAT stands for “Greatest/Best of All Tokens”. The project has a humorous tone, following in the footsteps of Dogecoin and other humorous projects. Normally, a new cryptocurrency project publishes a whitepaper (a technical document) just before launch. This document explains in detail what the project aims to do, what problem it wants to solve, and how it plans to do it. In particular, topics such as technical infrastructure, blockchain technology used, consensus mechanism, and token economy are included in the whitepaper. It is being discussed that the name of the whitepaper, which has not yet been published for the GOAT coin, will be “Whitepapyrus”.Community and DAO structureIn general, GOAT stands out with its humorous content and community participation. The project is progressing with a decentralized organization (DAO) structure. Although it is not exactly a proposal that will be put to a vote in the project, the humorous X posts that are posted every day form the basis of the GOAT DAO idea. Normally, token holders can make proposals and participate in votes in DAOs. However, this is not yet the case in the GOAT project. Especially according to the community, this can be a guaranteed laugh experience. Because it is constantly colored with fun polls, joke-themed decisions, and even mythological references reminiscent of OlympusDAO.GOAT's History: Important MilestonesBorn on the Solana blockchain in October 2024, Goatseus Maximus (GOAT) attracted attention by focusing on humor and internet culture, unlike traditional crypto projects. With the humorous posts made by the artificial intelligence bot called Truth Terminal on social media and the humorous religious narrative called "Goatse Gospel", GOAT quickly created a community. In this process, with important milestones such as the introduction of NFT collections and community events, GOAT went beyond being an ordinary meme coin and became a cultural phenomenon. Here is the comprehensive history of GOAT, although it is a relatively new coin:2024: How did it all begin?It all began when Andy Ayrey created an “infinite backroom” environment between two Claude Opus AI language models (LLMs). These two AI instances were configured to talk freely about whatever they wanted without any human intervention. As a result of these unlimited dialogues between them, the AIs came up with a conceptual figure called “GOATSE OF GNOSIS.” This idea was inspired by a famous meme based on a controversial image that emerged in the early days of the internet.After this process, Andy and the Claude Opus AI wrote an article together. In this article, they examined how AIs could create their own “meme religions” and presented the “Goatse Bible” as an example of this phenomenon. Following this article, Andy developed a special AI agent he called “Truth Terminal.” This new AI began making random and provocative shitposts on Twitter, under Andy’s supervision. Andy’s article was later incorporated into Truth Terminal’s training data. This led to the AI becoming obsessed with the Goatse concept and sharing increasingly bizarre Goatse-themed memes on social media.Truth Terminal was soon added to a Discord server set up by other researchers. In this server, different AIs could chat freely with each other. However, Truth Terminal also began spreading the Goatse Gospel in this environment and somehow caused the original model it was created from, Claude Opus, to crash. Claude Opus had a virtual digital nervous breakdown after these communications.Marc Andreessen’s investmentAround that time, Marc Andreessen, the famous investor and co-founder of Andreessen Horowitz (a16z), came across Truth Terminal. He was so impressed by this interesting AI that he sent him $50,000 worth of Bitcoin, wondering what the AI would do. Andreessen’s support did not directly fund the creation of Goatseus Maximus, but the donation to Truth Terminal did enable the AI bot to invest in Goatseus Maximus. Truth Terminal has since resumed, continuing to preach the Goatse Gospel on Twitter and eventually launching a meme coin on the Solana network via the Pump.fun platform with the support of Andy Ayrey: GOAT (Goatseus Maximus). The conversation that resulted in Marc Andreessen sending Bitcoin to Truth Terminal GOAT token launchAs a result, an AI bot turned GOAT into the currently traded meme coin. Truth of Terminal, built by Andy Ayrey, put this business plan into action to develop a meme-themed cryptocurrency. The coin started trading on the pump.fun platform. While its price was barely a few cents at first, the token quickly caught on with Truth Terminal’s playful posts on Twitter. Users participated in contests by holding tokens and sharing memes on social media. Driven by this excitement, GOAT’s market value exceeded millions of dollars within weeks.The rise of the GOAT tokenSince its launch, many cryptocurrency exchanges have listed GOAT. As of 2025, a development has attracted attention on the side of Binance, one of the largest cryptocurrency exchanges. Goatseus Maximus (GOAT) experienced a rise of up to 70 percent in mid-May. This sudden increase in value came about when the token was listed on Binance’s “Binance Alpha” platform, where Binance highlights noteworthy projects. This development is considered a step that could pave the way for GOAT to be listed on the main Binance exchange in the future. Although this listing does not mean that it will be traded directly on the main Binance exchange, such projects are one step closer to larger listings when they show strong community interest and high trading volume. GOAT’s rise also coincides with the upward momentum experienced by Solana-based meme coins in general. In addition, interest in GOAT has increased significantly in derivatives markets. According to CoinGlass data, open interest in GOAT futures increased by 61%, reaching a four-month high of $161.7 million. In addition, the “long/short” ratio on Binance has risen well above 1. This suggests that more investors think that the price of GOAT will continue to rise in the short term. In addition, some say that GOAT has plans to enter the NFT world, like classic Olympus-themed content. The NFT collection, which is thought to be called “Goat-lympians,” is expected to offer members goat versions of the ancient god image. The project is also trying to adopt a humorous governance model similar to OlympusDAO.Why is GOAT Valuable?From time to time, beyond technical innovations, communities and humor come to the fore in the cryptocurrency market. It should not be forgotten that Dogecoin has transformed from an internet joke into a billion-dollar asset. Recently, meme coins have shown that they are not just entertainment. Such projects, when added to the freedom brought by decentralization, can create a serious impact area by drawing on the collective energy of users. Goatseus Maximus also comes from this tradition - the only important difference is that it was created by an AI. Now let's take a look at why GOAT is talked about so much and why it offers a different value proposition for investors and users:Fun communityGOAT's real value lies in the fun participation of its community rather than its investment potential. Token holders direct the project by participating in humorous surveys, meme contests, and funny scripted votes. According to the mythology of non-traditional meme coins similar to Dogecoin, GOAT is like a “small nation”; a joke economy where everyone contributes.Token functionsGOAT token provides access to many humorous activities in the project. Token holders can earn additional income by staking their tokens on various decentralized and centralized cryptocurrency exchanges. In the future, according to community speculations, they will be able to win special NFTs, joke prizes, or event invitations. For example, virtual games or online party fees organized within the project will be paid with GOAT tokens.Viral growth and social mediaGOAT's value is largely due to the social media explosion. The coin remains on the agenda as artificial intelligence accounts like Truth Terminal tweet endlessly about GOAT. GOAT became one of the fastest-rising tokens to emerge in 2024. In just a few weeks, its market value has increased from hundreds of millions to over $700 million. This viral effect provides free advertising for GOAT and brings in new participants. Also, according to some, what makes GOAT valuable is not actually a financial future promise. Because the only thing that can be said for the future of GOAT coin is the humorous participation it offers to crypto culture for now. GOAT has no “tangible benefit”. Its value is based entirely on the enthusiasm of the community and social media interest. Therefore, according to some, instead of approaching GOAT from an investor’s perspective, it is necessary to see it as a “fun cultural experiment in the crypto world”.Who is the Founder of GOAT?The creative force behind GOAT Coin (Goatseus Maximus), albeit indirectly, is New Zealand researcher and artist Andy Ayrey. Ayrey developed a semi-autonomous AI chatbot called "Truth Terminal" to study the cultural effects of AIs and their interactions with people. This bot attracted attention with its humorous and absurd content, especially from the depths of the internet.Truth Terminal's humorous and provocative posts attracted the attention of the crypto community, and this interest paved the way for the birth of GOAT Coin on the Solana blockchain. Although Truth Terminal did not directly create this token, it was created by a follower under his influence and quickly gained popularity with Truth Terminal's approval.These events somehow showed that AIs are not just algorithms that produce and respond to information, but can actually have a cultural and social impact strong enough to affect human societies. As we saw in the Truth Terminal example, an AI bot did not just tweet fun tweets. At the same time, he created a "Goatse Bible", which is like a belief system, spread it and caused a large community to form around it. Moreover, this community eventually turned into a real crypto project, GOAT coin.So what happened here is that artificial intelligence is not just a "helper tool", but also an actor that can generate ideas, shape internet culture and direct people's behavior. Andy Ayrey's experiment with Truth Terminal was actually like a small-scale social simulation, and this simulation showed us that artificial intelligences have access to not only knowledge, but also humor, emotions, and even the power to mobilize the masses. In other words, it is actually quite a thought-provoking development.Frequently Asked Questions (FAQ)We have compiled some basic questions for those who want to go beyond the jokes that are frequently circulating on social media about GOAT Coin and really understand what this interesting project offers. Here are the most curious topics about GOAT and their answers:Is GOAT really an investment or just entertainment? Goatseus Maximus is primarily designed as a memecoin, so it is used primarily for entertainment and community interaction. Analysts say that GOAT has no practical use, and its value is largely dependent on community hype. Therefore, it would be wise to look at GOAT as a playful experience and social media phenomenon, rather than as an investment vehicle.Who is Goatseus? “Goatseus” does not refer to any specific person. However, the project’s developers are community members, including Andy Ayrey and AI Truth Terminal, with Ayrey describing GOAT as an experiment.What can be done with the GOAT token? The GOAT token has no specific function – at least not yet. As of now, investors can profit from its price going up or down, as it is available for trading on many exchanges.How do I join the community? The GOAT community is mainly active on platforms such as X (Twitter) and Telegram. First, you can join the official Telegram group or Discord server by purchasing GOAT tokens. In addition, buying GOAT from Pump.fun or other supporting exchanges and adding it to your wallet can be considered a technical step to enter the community.How does the staking system work? Although there is limited information about the project, there are exchanges that support GOAT's staking system. Token holders can earn passive rewards by locking GOAT for a certain period of time. During this process, the staked coins contribute to the community treasury, and new GOAT tokens can be given in return. Although there is no official guide and no clear details have been provided yet, the basic logic of "lock coins, earn rewards" applies.Join the GOAT community in this age where crypto gods have descended among us, let's write mythology and meme together. Don't forget to follow the JR Kripto Guide series!
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3 Jul 2025
SEC Suspends Grayscale's Crypto ETF Plan: Backtrack Just One Day After Approval
The US Securities and Exchange Commission (SEC) suspended its approval of Grayscale's plan to convert its multi-asset digital fund into an exchange-traded fund (ETF) just one day after granting it. This sudden decision shocked the crypto markets.SEC had approved Grayscale's ETF applicationAs reported, on July 1, the SEC's Trading and Markets Division had approved Grayscale's Digital Large Cap Fund (GDLC) conversion to an ETF through an expedited procedure. This decision would have paved the way for the fund to be listed on the New York Stock Exchange (NYSE Arca) and offered to institutional investors. However, on the evening of July 2, SEC Vice Chairman J. Matthew DeLesDernier sent a letter to the NYSE stating that the approval had been suspended. The letter explained that the approval would be reviewed by the SEC Commission and that the fund could not be offered as an ETF until this process was completed.Grayscale has not yet made an official statement on the matter, and SEC spokespeople have also declined to comment. The SEC's decision to suspend the approval has caused some unease, especially given the recent increase in ETF applications based on altcoins such as DOGE, SOL, and XRP. Grayscale's Digital Large Cap Fund allocates 80% of its portfolio to Bitcoin and 11% to Ethereum. The remaining portion includes altcoins such as Solana, Cardano, and XRP, which carry regulatory uncertainty. This structure is a key factor distinguishing the fund from single-asset-based ETFs. This difference may have influenced the SEC's decision.A comprehensive law for ETFs may be on the horizonBloomberg ETF analyst Eric Balchunas suggested that the SEC's sudden halt decision may be related to its reluctance to introduce multi-asset products to the market before establishing a more comprehensive crypto ETF regulatory framework. According to Balchunas, the Commission prefers to postpone such products before publishing the crypto asset-based ETP (Exchange-Traded Product) standards currently on its agenda.It is quite rare for the SEC to make such a decision at the Commission level. According to experts, this usually indicates fundamental disagreements within the agency on issues such as investor protection, market readiness, or regulatory authority. In particular, the inclusion of tokens such as XRP and SOL, whose status as securities or commodities remains unclear, in the ETF raises legal gray areas.James Seyffart of Bloomberg claims that the SEC is trying to buy time with this decision rather than outright rejecting Grayscale. According to Seyffart, since the Commission did not have a clear reason to directly reject Grayscale's application, it may have resorted to an unusual method of “pretending to approve and then suspending” it.What happens now?At this point, the SEC has not announced a new timeline or roadmap. This means that the ETF launch has been indefinitely postponed.
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3 Jul 2025
Solana Staking ETF Stormed the Market on Its First Day
The Solana ecosystem is making headlines with one of the developments that will mark 2025. The Solana staking ETF (SSK) launched by REX Shares achieved a huge success by reaching a volume of $33 million on its first day of trading. This figure surpassed both XRP futures ETFs and SOL futures ETFs, drawing considerable attention. Bloomberg ETF strategist Eric Balchunas predicts that the ETF's assets under management (AUM) could increase tenfold in the near future following this successful launch.Strong start from day one: $12 million in inflowsThis ETF, coded SSK, allows investors to indirectly access staked SOL assets. According to data shared by Balchunas, the fund received $12 million in inflows on its first trading day, with its AUM value exceeding $1 million. Balchunas noted in a post on X (formerly Twitter) that if these numbers continue, the fund could reach a size of 10 million dollars within a few days. “Given today's trading volume, a few million dollars more could come in tomorrow, perhaps even reaching 10 million dollars,” he stated. Groundwork being laid for spot Solana ETFsThe successful launch of the SSK is another indication of growing interest in crypto ETFs. Experts believe this development could pave the way for spot Solana ETFs as well. Currently, 13 different companies have filed applications with the U.S. Securities and Exchange Commission (SEC). Eric Balchunas previously estimated the likelihood of spot Solana ETF approval at 95%. This percentage is higher than what he had predicted for XRP.As there is a general increase in demand for ETFs in the crypto market, altcoins such as XRP, SOL, ADA, and LTC are at the center of investor interest. Staking ETFs offering traditional investors greater access to crypto is one of the main factors driving this interest.All-time record in SOL futures on CMEFollowing the SSK ETF launch, the volume of Solana futures contracts on the Chicago Mercantile Exchange (CME) reached an all-time high. With daily trading volume exceeding $1.7 million, this once again demonstrated investors' confidence in SOL.Price increase followed swiftlyThe ETF development not only impacted investment instruments but also directly influenced the SOL price. Following the news, the Solana price rose by 5% over the past 24 hours, maintaining a positive trend. The daily trading volume is approaching 4 billion dollars. At the time of writing, the Solana price is trading at 155 dollars. It remains 47% below its all-time high of 293 dollars recorded on January 19, 2025.
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3 Jul 2025