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PROVE, the native token of the Zero-Knowledge (ZK) Prover Network, Succinct is making headlines in the crypto space, as it surged 30% today. Notably, in this, the new Succinct mainnet launch, Binance’s listing, and other factors also played a significant role. Let’s discuss. PROVE Token Rallies With Succinct Mainnet Launch The Succinct mainnet is now
The post Here’s How the Succinct Mainnet Launch Fueled the PROVE Token’s 30% Rally Today appeared first on CoinGape.
The post $350 Might Just Be Enough—XYZ, SOL, and ADA Are Testing the Boundaries appeared first on Coinpedia Fintech News
A small investment might unlock significant opportunities as certain digital currencies push their limits. Tokens like XYZ, SOL, and ADA are reaching critical points, challenging the norms of the financial landscape. Their recent movements hint at potential breakthroughs, sparking curiosity about what could unfold next in this dynamic environment.
The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project, further solidifying its appeal.
During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges.
The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization.
So far, more than $13 million has been raised, and the presale is approaching another significant milestone of $15 million. This fast progress is signaling strong demand from both retail and institutional investors.
In XYZVerse, the community calls the plays. Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big.
With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price, and to rally a community of believers who believe this is the start of something legendary.
Airdrops, Rewards, and More – Join XYZVerse to Unlock All the Benefits
Solana is a blockchain platform designed to enhance scalability, providing a foundation for decentralized applications. It is one of the most popular blockchains for developers, and its trading volume has even exceeded the one of Ethereum and BNB Chain. SOL is Solana’s native cryptocurrency and plays a central role in its ecosystem by facilitating transactions, running custom programs, and rewarding network supporters.
The value of the SOL coin lies in its support of the Solana ecosystem, allowing users access to various projects on the platform. Solana avoids using sharding or second-layer solutions for scalability, aiming instead to attract developers and investors with its high-capacity network capable of hosting products and services with high activity levels. In the current market cycle, Solana’s technology and the utility of the SOL coin may be of interest to those looking for scalable blockchain solutions.
Cardano is a blockchain platform designed for smart contracts, enabling the development of decentralized finance applications, crypto tokens, and games. Its native cryptocurrency, ADA, allows users to store value, make payments, and participate in the network through staking. Cardano uses the Ouroboros proof-of-stake mechanism, which is more energy-efficient compared to traditional proof-of-work systems. The blockchain is divided into two layers: the Cardano Settlement Layer for transactions and the Cardano Computing Layer for smart contracts. This design enhances its ability to process transactions, potentially reaching up to a million transactions per second.
The potential of Cardano lies in its sustainable and scalable approach to blockchain technology. By focusing on energy efficiency and advanced scalability, it addresses some of the key challenges faced by other platforms. The introduction of Cardano native tokens in March 2021 allows for secure and low-fee interactions with smart contracts. In the current market cycle, ADA presents itself as a significant player due to these technological advancements. Its focus on sustainability and scalability may make it an attractive option for users and developers looking for efficient blockchain solutions.
While SOL and ADA show promise, XYZ’s fusion of sports and memes offers a unique opportunity for growth, making it a standout choice for savvy investors.
You can find more information about XYZVerse (XYZ) here:
https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse
The post $350 Might Just Be Enough—XYZ, SOL, and ADA Are Testing the Boundaries appeared first on Coinpedia Fintech News
A small investment might unlock significant opportunities as certain digital currencies push their limits. Tokens like XYZ, SOL, and ADA are reaching critical points, challenging the norms of the financial landscape. Their recent movements hint at potential breakthroughs, sparking curiosity about what could unfold next in this dynamic environment. Demand for $XYZ Surges As Its …
A graphical error on TradingView caused Bitcoin to temporarily wick to zero on MEXC. This caused a social media uproar, but the glitch was not visible on MEXC’s own platform.
Nonetheless, MEXC’s trading volume spiked over 51% in the last 24 hours. Unverified rumors can take off like wildfire if not addressed, potentially leading to token dumps and market chaos.
MEXC, a Seychelles-based centralized exchange, has been focusing on new upgrades this year. After outpacing competitors with meme coin listings in 2024, it announced today that it’s shifting from quantity to quality. However, this was overshadowed by other events, as traders reported that Bitcoin briefly wicked to zero on MEXC.
This immediately caused a social media uproar, as such an error in Bitcoin’s price would severely impact MEXC users. If BTC went from over $100,000 to $0, this would immediately liquidate all users’ long positions. Such a scandal might be worse than Hyperliquid’s JELLYJELLY incident, as this would be caused by a site error instead of trader activity.
However, MEXC’s team went on social media to address the alleged Bitcoin wick, claiming that it only happened on TradingView’s own site:
“We have recently become aware of some posts circulating on certain accounts claiming that MEXC’s BTC candle wick dropped to 0. We would like to clarify that this was simply a display error on the TradingView platform on June 5, and there was no such issue on MEXC’s official website, where everything has been functioning normally,” developers stated.
The MEXC team went on to claim that it was collaborating with TradingView to diagnose the Bitcoin display error and prevent it from happening again. It also urged the community to independently verify social media rumors and contact customer support in the event of a problem. Still, this announcement happened hours after the glitch.
MEXC’s trading volume spiked over 51% in the last 24 hours, mostly occurring after the Bitcoin display error. However, at the moment, it’s unclear if this heightened volume was due to users dumping assets, but such a thing is possible.
All that is to say, this demonstrates the importance of verifying information and fighting false rumors. MEXC didn’t have anything to do with the Bitcoin display error, but it still faced accusations of being a fraudulent business. The crypto sector is fast-paced and trades on community sentiment, after all. It needs strong guardrails to prevent accidents from blowing up.
BeInCrypto has reached out to MEXC, but we are yet to hear back.
The post TradingView Glitch Showed Bitcoin Wicking to $0 on MEXC appeared first on BeInCrypto.
Virtuals Protocol (VIRTUAL) is down 15% in the last 24 hours after rallying an impressive 200% over the past 30 days. This pullback comes as the token tests a key resistance level around $1.53, while trend indicators show signs of weakening momentum.
At the same time, Smart Money wallets have increased their holdings by 14.4% in the last week and have held steady since May 2—suggesting confidence in the longer-term outlook. VIRTUAL stands at a technical and psychological crossroads. Traders are watching closely to see whether it can build toward a breakout above $2 or slide back to support at $1.19.
The number of VIRTUAL tokens held by Smart Money wallets on Ethereum has increased by 14.4% over the past week, rising sharply from 16.49 million to 18.57 million on May 2, and remaining steady around 18.54 million since then.
Despite its recent price pullback, this growth signals that some of the most sophisticated on-chain participants have been accumulating exposure to VIRTUAL.
The sharp rise followed by stability suggests Smart Money wallets may be holding in anticipation of further upside, especially after the token posted a 209% gain in the last 30 days, making it one of the best-performing altcoins in the market.
The recent 15% dip in the last 24 hours hasn’t yet triggered widespread selling among these wallets, which may reflect patience rather than panic.
This holding pattern could signal confidence in continuing the broader uptrend or at least a strategic pause before reallocating.
While not guaranteeing future gains, steady Smart Money holdings in the face of short-term volatility are often a positive signal for longer-term momentum.
VIRTUAL’s BBTrend has sharply declined to 6.76, down from 31.91 just two days ago, marking a significant weakening in upward momentum.
The BBTrend (Bollinger Band Trend) is a volatility-based indicator that measures the strength and direction of a trend by analyzing the expansion and contraction of Bollinger Bands.
Values above zero suggest a bullish trend, with higher readings indicating stronger momentum. Since April 24, VIRTUAL’s BBTrend has stayed in positive territory—signaling consistent bullish behavior for nearly two weeks.
The current reading of 6.76 still reflects a positive trend, but the steep drop shows that momentum is cooling off. While this doesn’t necessarily signal an imminent reversal, it suggests that the explosive pace seen in recent days is slowing.
After a 193% surge in the past month, this deceleration may point to a period of consolidation or reduced buying interest.
Traders should watch whether the BBTrend continues to decline or stabilizes—either could shape whether VIRTUAL regains strength or dips further.
VIRTUAL is currently trading just below a key resistance level around $1.53. If buying momentum returns—particularly with renewed interest in crypto AI agents—VIRTUAL could test $1.89 in the near term.
A successful breakout there would pave the way for a possible move above the $2 mark, a level it hasn’t reached since January 30.
However, failure to reclaim $1.53 could lead to a pullback, especially given the recent cooling in trend strength.
In that case, the next key support level lies at $1.19.
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