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Cryptocurrency News Articles

JUP, ASTR, FLOKI Coin and These 9 Altcoins Made the News!

Jul 04, 2024 at 12:11 am

A giant whale recently pulled 8 altcoins from Binance, including PEPE Coin, worth $59.41 million. Jupiter announced the launch of its meme coin trading platform Ape.

JUP, ASTR, FLOKI Coin and These 9 Altcoins Made the News!

A giant whale recently pulled 8 altcoins from Binance, including PEPE Coin, and the total value of these coins is around $59.41 million. On the other hand, Jupiter announced the launch of its meme coin trading platform Ape. Moreover, Floki Inu (FLOKI Coin) has issued an important scam warning to the crypto community. Here are more updates from JUP, ASTR, FLOKI Coin and these 9 altcoins!

A giant whale withdrew 8 altcoins worth $59.41 million from Binance

As you have been following on Kriptokoin.com, the market is struggling to recover after a sharp sell-off. However, there are those who are taking advantage of these declines. As reported by On-chain data analyst Yu Jin, a specific address recently withdrew the following altcoin combination from Binance.

A whale address bought 8.633 ETH

According to tracking by On-chain data analyst Yu Jin, a particular whale address recently spent 8,633 million USDT on the Blockchain to buy 28,9625 ETH. The whale’s average purchase price was $3,355.

Jupiter launches Ape, a meme coin trading platform

Solana ecosystem DEX project Jupiter announced the launch of its meme coin trading platform Ape. According to the announcement, Ape is built around a secure vault that can only be accessed by the user’s wallet. To start trading, simply deposit SOL. Token discovery functionality allows users to track tokens immediately after their launch. Also, the anti-RUG tool Rugcheck performs security checks. After the user selects the Meme coin, Ape will automatically optimize the transaction by dynamically adjusting the slippage and automatically retrying the transaction when necessary. During alpha testing, Ape charges only 0.069%.

Open Campus announces Arbitrum Foundation grant

Open Campus announced that it has received funding from the Arbitrum Foundation to build the upcoming EDU Chain. EDU Chain is a Layer 3 Blockchain designed specifically for education.

Floki Inu (FLOKI Coin) issues key alert!

Shiba Inu’s competitor Floki Inu (FLOKI Coin) has issued an important fraud warning to the cryptocurrency community. Floki Inu (FLOKI Coin) has issued an alert regarding fraudulent claims suggesting the existence of a Floki token on the Base or Solana Blockchains.

Floki announced that its token, FLOKI Coin, is only tradable on the Binance Smart Chain (BNB) and Ethereum (ETH) Blockchains.

To avoid any confusion and ensure the safety of crypto participants, Floki has provided the correct contract addresses for trading on these two Blockchains. The team emphasized that other claims regarding FLOKI Coin tokens residing on different Blockchains are completely false and are attempts to deceive the community. Floki’s proactive approach aims to protect investors from falling victim to such scams.

Astar Foundation will burn 350 million ASTR tokens!

While Polkadot (DOT) is rethinking its coin-chain architecture, the Astar Foundation has decided to destroy the allocation that serves as the coin-chain reserve. This initiative results in 5% of the ASTR supply being removed from circulation forever. Furthermore, Astar Foundation shared some details of the updated staking mechanism. According to the official statement shared by the Astar Foundation team, 350 million ASTR, the core native cryptocurrency of the Astar ecosystem, will be destroyed forever. The token burning event was approved by a successful community referendum.

News source:kriptokoin.com

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