Currency Forecast

Oh, and by the way, they officially announced this earlier today. It’s all over the place. You know, like that one guy who thinks he’s the life of the party. (Source: X)

investor Weike Sun, father of Tron founder Justin Sun, purchased convertible preferred stock using TRX valued at June 15 market prices, with the tokens held in a Hong Kong-based custody wallet monitored by BiT Global Trust. 🌍🔒

Bitcoin [BTC] has been prancing about in a bullish mood since surpassing $123,000, yet it’s grown rather dull lately, with gains as modest as a wallflower at a ball. How tiresome.

Avalanche’s DeFi ecosystem has been on a growth spurt that would make any gym-goer jealous. Total value locked (TVL) has jumped 37%, hitting $1.5 billion, all thanks to the Octane upgrade. Faster transactions, lower fees, and a user interface that doesn’t make you want to pull your hair out? Yes, please! 🙌

His pièce de résistance? The illustrious SPX6900, a memecoin that has soared like a soufflé, ballooning over 10,000% since he waltzed in at a mere penny. Now, trading at a dizzying $2.20, this cheeky little number accounts for a staggering $66 million of his profits. Meanwhile, in a plot twist worthy of a farce, not every selection has been a winner—APU has plummeted by 53%, costing him a rather unfortunate $86,000. Oh, the irony! 🎭

The grown-ups in expensive shoes and even shinier egos—Pantera, Arrington, GSR, you know the usual parade—have dropped their monocles in shock, joining forces with CEA to get a slice of this Binancey pie. And technical wizardry comes courtesy of YZi Labs and 10X Capital. Someone fetch them a wizard’s hat and a large mug of ambition, please!

Yes, you heard right. The cunning folks behind Shiba Inu are now operating on the Base network, with a master plan to reduce the total supply of SHIB—just in case you wanted your meme coin to be as rare as a unicorn in your backyard. This “burn engine” is supposed to munch away at tokens faster than a dog with a steak, cheering on the hopes that fewer coins mean more money (or at least a bit of that elusive market stability). Think of it as a giant, high-tech zen garden where the stones (or tokens) are repeatedly cleared away, leaving only a smooth, shiny surface—if only to remind you that scarcity is the new black.

The ever-elusive price of our dear Bitcoin (BTC) remains astonishingly apathetic, teetering on the precipice of yesterday’s inconclusiveness. One would think it had stumbled upon a cat video instead of the market. 🐱💻

Ethereum has been riding a wave so high it’s making the Grand Canyon jealous. With a solid 60% jump in a month, it’s practically screaming, “Look at me!”

Crypto hacks, those pesky little things that keep us all on our toes, continue to plague crypto protocols. On the fateful Monday, July 28, a critical vulnerability on the NFT platform SuperRare (RARE) allowed attackers to steal an estimated $730,000 in RARE tokens. According to several crypto security platforms, including the ever-vigilant Blockaid, the attackers targeted one of SuperRare’s staking contracts, no doubt with the subtlety of a rhinoceros in a china shop. 🏦💥