RT LayerAkira (@LayerAkira)Two months ago, we brought Solana assets to @Starknet.This week, we launched limit orders, making it only place on the network to trade SOL, TRUMP, BONK and JUP with true market precision.The game keeps levelling up. ...

Promotion Event - Bitget is hosting an on-chain trading competition for $PAYAI, CHILLHOUSE, $BONK, and $PENGU [1] - The competition runs from October 27, 11:00 AM to October 30, 10:59 AM (UTC) [1] - Participants can register for the event via the provided link [1] - The total prize pool is 20,000 $BGB [1] - Top users can win a maximum of 500 $BGB [1]

来源：市场资讯 吴说获悉，Arkham 发文称，一家名为 BNKK（BONK Holdings Inc.）、在纳斯达克上市的 MemeCoin DAT 公司目前持有价值 3200 万美元的 $BONK，其资产存放在 Solana 网络的多签钱包（Squad Multisig） 中。该公司表示，目标是将持有的 BONK 数量翻倍。 （来源：吴说） ...

THIS MEMECOIN DAT NOW HOLDS $32M OF $BONK$BNKK on the Nasdaq (BONK Holdings Inc.) hold their BONK in a Squad Multisig on Solana.They are aiming to DOUBLE their BONK holdings. https://t.co/i40gyHjHjZEmmett Gallic (@emmettgallic):Solana SQUAD Multisig named Bonk Holdings Inc received 2.26T $BONK ($32M) via FalconX 2 days ago.Track this address on Arkham to know when they buy more. https://t.co/L2g4gGLnkx ...

Market Trend - Solana (SOL) is becoming more mainstream, similar to Bitcoin (BTC) and Ethereum (ETH) [1] - Fidelity, an asset manager with $58 trillion in AUM, is making SOL accessible for all US brokerage customers [1] Investment Opportunities - Solana ecosystem coins are currently oversold, presenting buying opportunities [1] - Specific Solana ecosystem coins to consider buying on dips include USELESS, BONK, and FARTCOIN [1] Risk Warning - The report suggests aggressive buying of dips, which carries inherent investment risk [1]

Crypto Market Sentiment - The tweet gauges user preference on how to allocate 100 thousand USDT across various cryptocurrencies [1] - The list includes meme coins like DOGE, PEPE, BONK, and TROLL, reflecting current market trends [1] Potential Investment Options - The tweet presents 15 crypto options, including established and emerging projects [1] - The inclusion of "You write" suggests an open invitation for user-generated investment ideas [1]

Core Insights - Paxos, a stablecoin issuer, minted 300 trillion PYUSD stablecoins, which are pegged to the US dollar at a 1:1 ratio, and subsequently destroyed them due to an internal error [2][4] - The issuance of such a large amount of stablecoins raises concerns about the lack of regulation and potential risks in the cryptocurrency market [4][5] - The incident highlights the ease with which stablecoins can be created and the implications for larger stablecoins like USDT and USDC [5][8] Group 1: Stablecoin Issuance and Market Impact - Paxos minted 300 trillion PYUSD, equivalent to approximately 2130 trillion RMB, and later sent all tokens to an inaccessible wallet for destruction [2] - The total value of the minted tokens exceeds twice the GDP of all countries combined, raising questions about the implications of such a large issuance [4] - The incident reflects a broader issue in the stablecoin market, where significant amounts can be created without regulatory oversight [4][5] Group 2: Historical Context and Risks - Similar incidents have occurred in the past, such as OKX sending over 65 million OKB to an inaccessible address and the Bonk project destroying 1.7 trillion BONK tokens [5] - The ease of creating stablecoins without proper checks poses risks, especially for larger stablecoins like USDT and USDC [5][8] - The volatility and lack of stability in the stablecoin market raise concerns about the potential for significant financial losses for investors [7][9] Group 3: Blockchain Technology and Market Dynamics - Blockchain technology significantly reduces transaction costs and time in cross-border trade compared to traditional banking systems [12] - Emerging markets are increasingly adopting stablecoins, with usage rates in countries like Argentina and Turkey reaching 25%-30%, surpassing the global average [14] - The transaction volume of stablecoins in cross-border payments is projected to exceed that of traditional payment systems like Visa and Mastercard by 2024 [14][15]

RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)You have 100K USDT to spend on #crypto , what would you buy?1. $DOGE 6. $MANYU 11. $BOSS2. $PEPE 7. $TROLL 12. $VINE3. $WKC 8. $KENDU 13. $UFD4. $BONK 9. $DOG 14. $VRA5. $DOG 10. $PFP 15. You write ...

Market Overview - The meme coin sector has experienced a significant decline, with nearly $28 billion lost in less than 48 hours due to a broader crypto market crash, reducing the total market capitalization from $72 billion to $44 billion, a drop of almost 40% [1][2] - A modest recovery occurred, bringing the market cap back to $53 billion, but it remains below the recent peak of $77 billion, currently standing at around $57 billion [2] Performance of Major Tokens - Meme coins, particularly driven by retail speculation, were severely impacted, with Dogecoin falling nearly 20% to around $0.19, Shiba Inu dropping 13%, and Pepe losing over 21% [3] - Other significant tokens like BONK and FLOKI also experienced declines of over 20% during the same period [3] Market Composition - The top 10 meme tokens now represent approximately $47 billion, accounting for about 82% of the total market cap, with all currently trading in the red [4] - Politically themed tokens, including the meme coin linked to U.S. President Donald Trump, also saw a 20% drop over the week [4] Trading Activity and Trends - BNB Chain has recently surpassed $38.7 billion in value with a daily trading volume of $335 million, driven by new meme projects [5] - During late September to early October, BNB meme coins gained significant attention, with some tokens surging by tens of thousands of percent before collapsing [5] - Over 100,000 traders participated in the BNB meme coin frenzy, with nearly 70% reporting profits at its peak [5] Market Risks - Most tokens have collapsed by as much as 95%, resulting in the loss of hundreds of millions in value after warnings from industry leaders regarding the lack of endorsement for these tokens [6]

Core Insights - A significant operational error led to the unprecedented minting and subsequent destruction of 300 trillion PYUSD stablecoins, surpassing the total GDP of all countries combined [1][5][6] - The incident prompted Aave to temporarily freeze PYUSD trading due to the unexpected high-volume transaction [1][3] - Paxos attributed the error to an internal technical mistake, assuring that customer funds remain secure and the issue has been resolved [1][5] Market Impact - Following the incident, PYUSD maintained its dollar peg, with only a brief price drop of approximately 0.5% [3] - The current market capitalization of PYUSD exceeds $2.3 billion, ranking it sixth among stablecoins [5] Historical Context - This event marks the largest token destruction in cryptocurrency history, dwarfing previous incidents such as the 65 million OKB tokens sent to an inaccessible address by OKX [6] - Comparatively, the Bonk meme coin project destroyed about 1.7 trillion BONK tokens in December 2024, valued at around $50 million, highlighting the unprecedented scale of the PYUSD incident [7] Regulatory and Mechanism Concerns - The incident raised critical questions regarding the collateralization mechanisms of stablecoins, with concerns about what backed the erroneously minted $300 trillion [8]