Eric Trump, the Executive Vice President of the Trump Organization, has announced a strategic partnership between the World Liberty Finance (WLFI) and the Official Trump ($TRUMP) memecoin. According to an X post on Friday, Eric announced that World Liberty Finance and the TRUMP meme project will align for mutual long-term success.
As a result of the strategic partnership, the TRUMP memecoin project agreed to halt the development of the planned meme wallet in collaboration with Magic Eden (ME). On the other hand, the World Liberty Finance team committed to a significant amount of TRUMP tokens for its long-term treasury management.
Breaking News: I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi. Although their meme wallet isn’t moving forward, they remain focused on building the most exciting MEME on earth – $Trump. Moreover, we’re proud to announce that World Liberty Financial…
Market Impact of the Collaboration Between Trump Meme and World Liberty Finance
The announcement will have a detrimental midterm impact on Magic Eden (ME), which gained notable traction following the purported partnership to launch the Trump meme wallet. Already, ME price has obliterated all the gains made after the announcement earlier this week to trade at about $0.8435 on Friday, June 7 during the late North American session.
Meanwhile, TRUMP, a mid-cap memecoin that has a market cap of about $2 billion and a 24-hour average trading volume of about $796 million, has gained significant bullish sentiment.
The long-term support from World Liberty Finance will play a crucial role in the overall liquidity provision for the TRUMP memecoin project. As of this writing, the TRUMP meme price hovered about $10, up around 5 percent in the past 24 hours.
Crypto-related acquisitions and public listings in the U.S. have already hit $8.2 billion across 88 deals in the first four months of 2025 — triple the total from all of 2024. The sharp increase shows a new phase of integration between traditional finance (TradFi) and decentralized finance (DeFi).
These deals fall into five main trends: companies buying Bitcoin for their treasuries (like Twenty One Capital), traditional firms merging with crypto infrastructure providers, acquisitions focused on institutional services (like Ripple buying Metaco), consolidation between crypto and traditional trading platforms, and mergers between token-based projects.
But one deal in particular is drawing high praise — especially from pro-XRP lawyer John Deaton.
Deaton recently pointed to Ripple’s $1.25 billion acquisition of prime brokerage firm Hidden Road as “possibly the best example” of the TradFi-DeFi convergence happening in crypto. Hidden Road processes over $3 trillion a year for more than 300 institutional clients. By integrating with Ripple’s XRP Ledger (XRPL), settlement times have dropped from 24 hours to just 3–5 seconds.
I agree with Chamath. I also believe @Ripple’s $1.25 billion acquisition of Hidden Road as possibly the best example of the convergence of TradFi and DeFi in all of crypto.
Hidden Road, a prime brokerage firm handling over $3T annually across 300+ institutional clients, now… https://t.co/yOJCE7zftk
Ripple’s RLUSD stablecoin now acts as collateral for trades, connecting blockchain infrastructure directly to institutional trading workflows. Deaton explained how this move positions Ripple at the forefront of institutional DeFi by combining DeFi’s speed with TradFi’s reach.
He also opened up about the importance of Ripple’s rapid expansion into crypto custody. In addition to acquiring Metaco, Ripple has bought Standard Custody and launched “Ripple Custody” to offer institutions a full suite of services — from payments and stablecoins to asset storage.
Why the big push into custody?
Deaton believes Ripple is preparing for the tokenization boom. With the custody market expected to grow beyond $16 trillion by 2030, Ripple is building the tools banks will need to tokenize stocks, bonds, or even real estate using the XRPL — with RLUSD powering these transactions.
“It looks like [CEO] Brad Garlinghouse is making up for lost time,” Deaton said, referring to Ripple’s progress after its long legal battle with the SEC.
The post XRP Lawsuit in the Rearview, Ripple Goes Full Speed Ahead with $1.25B Deal appeared first on Coinpedia Fintech News
Crypto-related acquisitions and public listings in the U.S. have already hit $8.2 billion across 88 deals in the first four months of 2025 — triple the total from all of 2024. The sharp increase shows a new phase of integration between traditional finance (TradFi) and decentralized finance (DeFi). These deals fall into five main trends: …
Over 50% of all cryptocurrencies ever launched since 2021 are now defunct. An even more alarming trend is emerging in 2025, where the percentage of failed tokens launched this year has reached the same level in just the first five months.
That percentage will naturally rise with more than half of the year left. Representatives from Binance and Dune Analytics told BeInCrypto that these failures are just another reminder of the need to launch viable projects, backed by solid tokenomics and a robust community.
Ghost Tokens Skyrocket
A recent CoinGecko report revealed some jaw-dropping data. Of the approximately 7 million cryptocurrencies listed on GeckoTerminal since 2021, 3.7 million have subsequently died.
Several factors are considered when evaluating whether a coin has reached its end.
“A coin is classified as ‘dead’ when it loses all utility, liquidity, and community engagement. Key indicators include near-zero trading volume, abandoned development (no GitHub commits for 6+ months), and a price drop of 99%+ from its all-time high. Teams often vanish without warning—social media accounts go dormant, domains expire,” Alsie Liu, Content Manager at Dune Analytics, told BeInCrypto.
Half of all tokens launched since 2021 have died. Source: CoinGecko.
A significant 53% of listed cryptocurrencies have failed, with most collapses concentrated in 2024 and 2025. Notably, the over 1.82 million tokens already stopped trading in 2025 significantly outpaced the approximately 1.38 million failures recorded throughout 2024.
With seven months out of the year ahead, this trend of increasing failures in the current year will continue to grow.
CoinGecko specifically suggested a potential link between economic concerns like tariffs and recession fears, noting a surge in meme coin launches after a certain election, with subsequent market volatility likely contributing to their decline.
However, not all responsibility can be placed on a greater economic downturn. Other aspects can contribute to these project failures.
“Common factors include inability to find product market fit leading to negligible interest from users or investors, or project teams that focus too much on short-term speculation with no long-term roadmap, and sometimes abandonment by developers (rug pulls). Broader issues like fraudulent intentions, weak user traction, novelty-driven hype, financial shortfalls, poor execution, strong competition, or security failures also contribute to project failure,” a Binance spokesperson told BeInCrypto.
The rapid rise in ghost tokens also came with the exponential launch of projects en masse, particularly since the start of 2024.
Analyzing the Life-Death Ratio
Last year was novel in its own right following the proliferation of meme coins. This new narrative emerged particularly after the launch of Pump.fun, a Solana platform that allows anyone to launch a token at a minimal cost.
According to CoinGecko data, 3 million new tokens were listed on CoinGecko in 2024 alone. Half of these projects died, but the other half survived. However, the situation in 2025 appears less stable.
The difference between token launches and failures in 2025 is minimal. Source: CoinGecko.
While the number of new token launches remains high, the number of failures is nearly equivalent, with launches only marginally exceeding deaths by about a thousand.
“Ecosystems with low barriers to token creation see the highest number of ghost coins. In general, platforms that make it very easy and cheap to launch new tokens see the most abandoned coins. During this cycle, Solana’s meme coin surge (e.g., via token launchpads like Pump.fun) drove a flood of new tokens, many of which lost user traction and daily activity once initial hype faded,” Binance’s spokesperson explained.
As of March 5, the meme coin market capitalization had sharply decreased to $54 billion, marking a 56.8% drop from its peak of $125 billion on December 5, 2024. This downturn was accompanied by a significant decrease in trading activity, with volumes falling by 26.2% in the preceding month alone.
Certain token categories have been hit harder than others.
Music and Video Tokens Among the Hardest-Hit Categories
A 2024 BitKE report indicated that video and music were prominent categories with many failed cryptocurrency projects, reaching a 75% failure rate. This outsized percentage suggests that niche-focused crypto ventures often face challenges in achieving long-term viability.
“These niches face adoption and utility gaps. Music tokens struggle to compete with Spotify/YouTube, while ‘listen-to-earn’ models often lack demand. As more mainstream celebrities get into the space without knowing much about blockchain technology, tokens have become the new cash-grab business,” Liu explained.
Binance’s spokesperson noted that legal and technical hurdles, such as music licensing and the significant resources needed for video delivery, complicated the scaling of decentralized alternatives.
They further explained that many projects struggled to remain sustainable without substantial user adoption or strong network effects.
“This highlights that a good concept alone is not enough; crypto projects must also compete with entrenched Web2 platforms, navigate complex industry challenges, and deliver real-world utility to succeed. Without aligning with user behavior and market needs, even well-intentioned initiatives risk fading into ghost tokens,” Binance told BeInCrypto.
Despite the discouraging number of failed tokens, this situation offers important insights into building resilient projects that withstand unfavorable market conditions.
What Can We Learn From Catastrophic Token Collapses?
Prospective token creators can learn significant lessons from once-popular projects that ultimately failed. The negative outcomes experienced by these ventures, particularly in severe instances, can motivate the development of new projects responsibly and avoid similar pitfalls.
Binance referred to notorious ghost coin cases BitConnect and OneCoin.
“BitConnect, once a top-10 coin, collapsed in 2018 after being exposed as a Ponzi scheme promising ~1% daily returns. Investors lost nearly $2 billion. OneCoin, raising ~$4 billion, never had a real blockchain and relied on aggressive multi-level marketing before collapsing. Both cases highlight the dangers of projects built on hype, unrealistic promises, and lack of verifiable technology,” Binance’s spokesperson explained.
While concerning, the rising number of ghost coins serves as a crucial reminder that discernible warning signs often precede the downfall of these cryptocurrencies.
These cases underline the necessity of rigorous research, validating underlying principles, and maintaining a cautious perspective, especially when investment gains appear unrealistically high. Prioritizing risk management and sustainable long-term factors should outweigh short-term speculative trading.
Binance particularly highlighted the importance of “Do Your Own Research” (DYOR) when evaluating crypto projects.
“Practically, this means reviewing the whitepaper, assessing whether the project solves a real problem, verifying the team’s credibility, examining tokenomics and supply distribution, and checking community and development activity,” Binance said, adding that “In essence, DYOR is about empowerment and protection. It helps investors identify solid projects and avoid scams or ghost tokens by spotting red flags early. Given how fast crypto markets move, personal due diligence remains essential for navigating the space safely and successfully.”
Ultimately, the prevalence of ghost tokens highlights a critical truth for crypto participants: thorough research and fundamental value are paramount for identifying lasting projects.
Sui’s token price has been on a strong rally over the past few days. While the crypto market has recovered sharply, SUI is seeing an extra boost due to rumors about a potential collaboration with Pokémon. Over the last week alone, Sui has surged nearly 72%, putting it at the top of the list of biggest gainers. With this momentum, there’s a hope that SUI could soon break through the key $5 level.
Sui’s DeFi Activity Rises Amid Rumours
Sui’s price has been climbing steadily over the past few days, showing strong momentum. What’s catching attention is that buyers are managing to push past resistance levels without much of a pullback. In the last 24 hours alone, Sui saw a spike in liquidations from both long and short positions. According to data from Coinglass, about $22.2 million worth of SUI positions were wiped out, with $7.4 million from buyers and $14.8 million from sellers.
Over the past week, SUI has outperformed the entire top 100 list of cryptocurrencies by market cap, making it the biggest gainer. This rally is largely influenced by rising investor confidence due to the launch of the Grayscale SUI Trust and a new partnership with xPortal and xMoney to roll out a virtual Mastercard across Europe.
Adding to this, there are rumors about a possible collaboration with Pokémon. These rumors started gaining attention after a recent privacy policy update for Pokémon HOME named Parasol Technologies LLC, a Web3 gaming firm acquired by Sui’s parent company, Mysten Labs, in March 2025.
Sui is still holding its place among the top 10 layer-1 blockchains, with over $1.65 billion in total value locked (TVL) on the network. As shown in the chart below, Sui’s TVL has jumped by around 40% in just the past week. Its daily DEX trading volume has also surged, climbing more than 180% to reach $600 million. This increases the chances of a continued bullish rally toward $5.
What’s Next for SUI Price?
Sui is struggling to break above the $3.8 level and is currently trading around $3.6, up over 8% in the past 24 hours. Sellers are working to keep the price below the 20-day EMA to maintain the current downtrend.
Even though bearish pressure is growing, rising buying activity could still push Sui higher. However, the Relative Strength Index (RSI) is around 79, showing that the asset is overbought and that sellers are pushing for a correction.
If buyers can gain enough momentum, Sui could break through the $4.3 resistance and aim for the next target at $5.4. But if selling pressure remains strong and Sui stays under the 20-day EMA, the price could fall back to the key $3 support level.
A clear drop below $3 could trigger a sharper sell-off, with Sui potentially falling to the next support at $2.4, erasing recent gains and strengthening the downtrend.
The post Sui’s Skyrocketing Trend Now Eyes $5 Breakout: What’s Next for SUI Price? appeared first on Coinpedia Fintech News
Sui’s token price has been on a strong rally over the past few days. While the crypto market has recovered sharply, SUI is seeing an extra boost due to rumors about a potential collaboration with Pokémon. Over the last week alone, Sui has surged nearly 72%, putting it at the top of the list of …
