An unexpected surge in selling pressure resulted in the broader crypto market turmoil, including an XRP price crash. The crypto assets were making significant gains hours earlier, with the Bitcoin price rallying to $107k. However, the shift in investors’ sentiments resulted in this sudden decline, bringing $3.27M in liquidation for the Ripple token in just one hour. Let’s discuss. XRP Price Crash Results in $3.27M Long Liquidations The Ripple token has witnessed an exceptionally serious liquidation event, losing $3.27M in long positions with the XRP price decline. Interestingly, this rate is 36,283% higher than the short positions, revealing that bullish traders were massively affected. Besides, only $9,040 worth of shorts were liquidated in this period, whereas $3.27M were in the long, per CoinGlass reports. This is because short traders actually bet on the price decline, so they avoided liquidation and instead profited from the dip. Experts showed concerns about this… Read More at Coingape.com
The Trump family’s World Liberty Financial (WLFI) continues to make headlines, extending its reach in the crypto arena. Recent developments follow key announcements during Token2049 in Dubai.
Eric Trump made interesting revelations during the event, including integrations involving USD1 stablecoin.
World Liberty Financial During 2049: What Users Need To Know
Speaking at the Token2049 event, Eric Trump announced the integration of World Liberty Financial’s USD1 stablecoin with Tron.
Trump’s DeFi venture launched the USD1 stablecoin only recently, commissioning it to promote dollar dominance. Short-term US treasuries and cash equivalents back the stablecoin.
Notwithstanding this integration, USD1 will be deployed as a TRC-20 token on the Tron blockchain. This would allow USD1 to leverage Tron’s high-throughput, low-cost blockchain for transactions, smart contracts, and DeFi applications.
USD1 Stablecoin To Close $2 billion MGX-Binance Deal
Another interesting revelation during Token2049 is that World Liberty Financial’s USD1 is the choice stablecoin for MGX’s $2 billion investment in Binance.
“MGX, an Abu Dhabi sovereign wealth fund, invests $2 billion in Binance for a minority stake. The transaction will be 100% in crypto (stablecoins), marking it the largest investment transaction done in crypto to date. This is also the first institutional investment Binance has taken. Onwards, Build!” wrote Changpeng Zhao (CZ), Binance founder and former CEO.
With USD1 ascending to become the choice stablecoin in this landmark investment, it points to growing adoption and legitimacy for the token.
The investment will see MGX secure a stake in Binance, becoming one of the first institutional investments in the world’s largest exchange.
Notably, this revelation comes only days after World Liberty Financial executives met with Changpeng Zhao in Abu Dhabi. They reportedly discussed standardizing the crypto industry and boosting global adoption efforts.
Meanwhile, amidst these revelations around the DeFi venture, data shows that USD1 stablecoin has exceeded $2 billion in market capitalization metrics.
South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market or on Nasdaq. Last year, Bithumb reported a net profit of $110 million, a 560% increase from the previous year.
The post Bithumb Restructures Ahead of IPO, Plans to Spin Off Non-Exchange Units appeared first on Coinpedia Fintech News
South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market …
PEPE hopped its way to a $3.8 billion market cap, but its reign as a meme coin darling is fading. Enter InfluencerPepe (INPEPE), a token that’s not just here to play—it’s here to dominate with real utility. If you’re ready to move on from PEPE’s frog-fueled past, INPEPE is the future of meme coins, and here’s why it’s time to make the switch.
PEPE’s Party Is Over
PEPE was a masterclass in viral hype—a frog meme that caught lightning in a bottle. But beyond the laughs, it’s got little to offer. No utility, no purpose—just a large market cap coasting on nostalgia. INPEPE, on the other hand, isn’t banking on memes alone. It’s targeting the $48 billion influencer marketing industry, a space that’s growing fast and ripe for disruption. This isn’t a rerun—it’s a reboot with bigger ambitions.
INPEPE is built to solve real problems in influencer payments. Using Web3, it delivers instant, low-cost transactions—perfect for an industry plagued by slow payouts and high fees. Imagine an influencer cashing out a brand deal in seconds, no matter where they are. INPEPE makes that happen, giving it a practical edge PEPE never dreamed of. This is a meme coin with muscle, ready to flex in a multi-billion-dollar arena.
The Presale Advantage
The presale at https://Influencerpepe.com is live, and it’s your chance to get ahead. Early buyers can stake for 20,617% APY, a reward that could turn a small investment into a windfall. PEPE’s holders never saw perks like this—INPEPE is playing a different game, one where early believers win big. With tokens selling fast, the clock’s ticking to ditch the frog and join the future.
INPEPE isn’t flying under the radar—over 50 crypto influencers are already hyping it up, spreading the word across X and beyond. Media like Bitcoin.com and CryptoPotato are on board, giving it a spotlight PEPE had to claw for. Audits from Coinsult and SolidProof lock in its credibility, ensuring it’s no flash in the pan. This is a meme coin with a foundation, poised to outlast the hype cycles.
The Future Is INPEPE
PEPE had its day, but INPEPE is the dawn of something new. Its blend of meme appeal and real-world use could see it leap past PEPE’s market cap and keep climbing. The influencer industry isn’t slowing down, and neither is INPEPE’s potential. Jump in athttps://Influencerpepe.com and leave PEPE behind—this is the meme coin that’s here to stay.
InfluencerPepe is redefining the future of influencer marketing. Whether you are an investor, influencer, or brand, the team is ready to connect and explore new opportunities.
For inquiries, partnerships, and support, contact: Contact@web3journey.io
The post Forget PEPE – Influencer Pepe (INPEPE) is the Future of Meme Coins with Real Utility! appeared first on Coinpedia Fintech News
PEPE hopped its way to a $3.8 billion market cap, but its reign as a meme coin darling is fading. Enter InfluencerPepe (INPEPE), a token that’s not just here to play—it’s here to dominate with real utility. If you’re ready to move on from PEPE’s frog-fueled past, INPEPE is the future of meme coins, and …
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