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Today's Crypto and Bitcoin News

Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.

30
Wednesday
2025/04
  • Pump.fun Debuts PumpSwap DEX with 0.25% Fee Structure and Zero SOL Migration Fee to Reclaim Solana’s Memecoin Market

    Pump.fun has launched its native decentralized exchange, PumpSwap, which eliminates the previous 6 SOL migration fee and introduces an efficient, frictionless trading environment on Solana. This strategic move comes amid a 60% monthly revenue decline on Pump.fun and intensifying competition with platforms like Raydium and emerging rivals.   Quick Take PumpSwap enables instantaneous, fee-free migrations, eliminating the previous 6 SOL charge and reducing complexity for new users. With a trade fee of 0.25% (0.20% to liquidity providers and 0.05% to the protocol), PumpSwap offers a cost-effective trading platform. The platform allows users to create and contribute to liquidity pools at no cost, promising a frictionless trading experience. PumpSwap’s launch comes at a critical time of declining memecoin volumes and intense competition, positioning Pump.fun to potentially reshape Solana’s DeFi ecosystem. What Is PumpSwap, Pump.fun’s DEX for Solana Memecoin Trading? Pump.fun, a prominent token launchpad responsible for approximately 70% of Solana’s token launches, has officially unveiled PumpSwap, its proprietary decentralized exchange (DEX). Designed to rival Raydium, PumpSwap promises to streamline token migration by moving coins directly to its platform once they complete their bonding curve, effectively removing the cumbersome and costly migration process previously experienced when tokens transitioned to Raydium.   Source: X   Since its launch in early 2024, Pump.fun has helped create over 8.7 million tokens in the Solana ecosystem, earning the platform a revenue of nearly 3.2 million SOL to date.    Pump.fun’s revenues since launch | Source: Dune Analytics    Key Features of PumpSwap DEX PumpSwap is built on an automated market maker (AMM) model similar to Raydium V4 and Uniswap V2. Notable features include:   Instant and Fee-Free Migrations: Tokens are migrated as soon as they complete their bonding curves without incurring the former 6 SOL fee, allowing for uninterrupted momentum and a smoother user experience. Efficient Fee Distribution: Each trade on PumpSwap carries a 0.25% fee, where 0.20% benefits liquidity providers and 0.05% supports the protocol. This model is set to evolve with the introduction of a creator revenue sharing system, which will eventually direct a portion of protocol revenue to token creators. Enhanced Liquidity and User Accessibility: By enabling users to create or contribute to liquidity pools at no cost, PumpSwap is positioned to enhance liquidity for newly launched tokens and reduce entry barriers for new participants. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem   PumpSwap vs. Raydium: Competitive Landscape The timing of PumpSwap’s launch is critical, as it coincides with a notable downturn in memecoin trading volumes. Since January, Pump.fun’s average daily fee revenue has dropped from over $4 million to around $1 million, reflecting broader market sentiment following several memecoin-related scandals, such as the LIBRA incident. Meanwhile, competitors such as Raydium are ramping up their offerings—Raydium recently hinted at launching its own memecoin launchpad, LaunchLab, to directly counter Pump.fun’s innovative approach.   Raydium’s TVL | Source: DefiLlama   This shift in strategy marks a transition from a longstanding partnership between Pump.fun and Raydium to a competitive rivalry. PumpSwap not only offers a more streamlined migration process but also positions itself as a potential catalyst for revitalizing Solana’s memecoin ecosystem by fostering a more accessible and rewarding environment.   Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide   Future Developments in the Pump.fun Ecosystem Security remains a top priority for Pump.fun. PumpSwap has already passed nine independent audits by reputable security firms, and the team plans to open-source its code to further enhance transparency. Additionally, the upcoming revenue sharing model—expected to be implemented in the coming weeks—aims to align the interests of token creators and their communities, potentially fueling higher-quality project launches and stronger community engagement.   PumpSwap's debut signifies a strategic pivot for Pump.fun as it seeks to reclaim market share and restore momentum in the competitive Solana memecoin landscape. The platform’s focus on reducing friction, enhancing liquidity, and rewarding innovation is set to drive renewed interest and activity within the ecosystem.   Read more: Top Meme Pump Platforms to Launch and Trade Memecoins in 2025

  • TON Blockchain Secures $400M VC Investment, Grows to 41M Native Accounts

    The Open Network (TON) has attracted over $400 million in venture capital investments from top firms like Sequoia Capital and Draper Associates, signaling robust confidence in its potential. With native accounts skyrocketing from 4 million to 41 million and Toncoin trading at approximately $3.77, TON aims to onboard 30% of Telegram’s 1 billion monthly active users within the next three years.   Quick Take Over $400 million has been invested by top-tier venture capital firms, highlighting strong market confidence in TON’s potential. TON’s native accounts have surged from 4 million to 41 million, with over 121 million unique Toncoin holders. TON leverages Telegram’s 1 billion monthly active users, aiming to onboard 30% of them in the coming years. Despite past volatility, Toncoin remains a top 20 cryptocurrency with a market cap of over $9 billion and a current trading price of approximately $3.77. The TON eocsystem’s growth strategy and massive user base integration are set to challenge traditional blockchain models, although regulatory and market challenges persist. VCs Invest Over $400M in The Open Network (TON)  Source: X   The TON Foundation recently announced that several prominent venture capital firms have collectively invested over $400 million in Toncoin, the native cryptocurrency of the TON blockchain. This substantial investment, executed through token-based deals rather than traditional equity, reflects the confidence these firms—such as Sequoia Capital, Ribbit Capital, Benchmark, and Draper Associates—have in TON’s ability to leverage Telegram’s vast ecosystem for decentralized applications.   TON Blockchain’s User Base Soars to 41M in 2024 TON has experienced a meteoric rise in user engagement over the past year, thanks to Telegram games like Hamster Kombat, X Empire, and Catizen, with its native accounts surging from 4 million to an impressive 41 million—a tenfold increase that highlights the network’s rapid expansion. This growth is further underscored by the fact that over 121 million unique users now hold Toncoin, reinforcing TON’s position as a major player in the blockchain industry.    Notably, TON is the only crypto accepted by Telegram for app services as of January, positioning it as a critical infrastructure component within the messaging giant’s ecosystem. With Telegram boasting 1 billion monthly active users and projections to exceed 1.5 billion by 2030, TON’s integration offers an unparalleled distribution channel for decentralized applications (dApps) and mini programs, supporting innovative use cases from gaming to digital payments.    Growth in Telegram users worldwide | Source: DemandSage   The ambitious goal to onboard 30% of Telegram’s active users into the blockchain ecosystem over the next three years further underscores the strategic vision behind TON ecosystem’s  expansion.   Read more: Top 7 Telegram Tap-to-Earn Crypto Games to Know in 2025   Toncoin Price Jumps 6% on Investment Announcement TON/USDT price chart | Source: KuCoin   Following the announcement of the $400 million investment, Toncoin experienced an immediate price jump of around 6%—with its value currently trading near $3.77. Despite this surge, Toncoin had previously reached a high of over $8.00 in mid-2024 before a significant correction, yet it remains one of the top 15 cryptocurrencies with a market cap exceeding $9 billion.    These price movements, along with the surge in active accounts, indicate a growing market validation for TON’s innovative approach to merging blockchain technology with social communication.   What’s Next for the TON Network and Toncoin?  Looking ahead, TON’s strategic vision includes onboarding 30% of Telegram’s active user base within the next three years. This ambitious target, if achieved, could redefine the blockchain landscape by integrating a massive global user base into a decentralized ecosystem. However, TON also faces challenges such as market volatility and regulatory scrutiny—factors that require continuous innovation and strategic agility to sustain its momentum in an increasingly competitive environment.   As TON continues to redefine the intersection of messaging and blockchain, its substantial venture capital backing and explosive user growth position it as a formidable player in the decentralized ecosystem. With strategic goals and robust market performance, The Open Network is poised to make significant inroads into the future of digital asset integration and blockchain applications.

  • Uniswap’s Fiat Off-Ramp Now Live in 180+ Countries with $4.2B TVL Amid Regulatory Win

    Uniswap has launched its native fiat off-ramps—integrating with Robinhood, MoonPay, and Transak—enabling seamless crypto-to-bank transfers for users in over 180 countries. The development comes on the heels of Uniswap’s recent platform upgrades, including v4 and Unichain Layer 2, as well as a significant regulatory victory with the SEC dropping its investigation.   Quick Take The new fiat off-ramp is available to users in over 180 countries, expanding Uniswap’s accessibility. Users can convert crypto to fiat and deposit directly into their bank accounts with just a few clicks. Integrations with Robinhood, MoonPay, and Transak simplify the crypto-to-cash transition. While UNI token prices dipped amid broader market trends, the platform’s TVL remains robust at $4.2 billion. The SEC’s decision to drop its investigation provides a significant boost to Uniswap and the DeFi community. Uniswap Partners with Robinhood, MoonPay, Transak for Global Fiat Off-Ramps Uniswap has taken a bold step in enhancing user convenience by integrating native fiat off-ramps into its wallet applications for both Android and iOS. This new service lets users swap supported ERC-20 tokens—such as USDC and ETH—into fiat currency, enabling direct deposits into bank accounts in just seconds. The feature is set to roll out on the Uniswap browser extension and web app in the coming weeks, ensuring a broad, seamless experience for users worldwide.   By partnering with well-known platforms like Robinhood, MoonPay, and Transak, Uniswap has bridged the gap between decentralized finance and traditional banking. These partnerships allow users from more than 180 countries to convert crypto into cash quickly, bypassing the typically frustrating process of signing into centralized exchanges and managing complex crypto addresses. This integration underscores Uniswap’s commitment to streamlining financial interactions in the DeFi sector.   Read more: What Is Uniswap DEX and How Does it Work?   UNI Token Loses Nearly 10% in 24 Hours Amid Bearish Mood UNI/USDT price chart | Source: KuCoin   Despite the launch of these groundbreaking features, Uniswap’s native token, UNI, saw a 5.4% drop to $7.31 amid broader market movements. With total value locked (TVL) standing at under $4 billion—down from an all-time high of $10 billion in 2021—Uniswap continues to face market headwinds. However, the introduction of the off-ramp is expected to drive increased usage and improved liquidity, potentially stabilizing and growing the platform’s ecosystem over time.   Uniswap TVL | Source: DefiLlama   SEC Drops Investigation Into Uniswap Labs Just days before rolling out the new fiat off-ramp, Uniswap Labs celebrated a major regulatory victory when the SEC dropped its investigation into the firm. This decision, following an earlier Wells notice, marks a significant win for the broader DeFi community and signals a shift toward a more supportive regulatory environment for decentralized platforms. With the recent launch of Uniswap v4 and the innovative Unichain Layer 2, the platform is poised to offer even more efficient trading experiences and advanced developer tools, reinforcing its position as the world’s largest decentralized exchange.   Conclusion Uniswap’s latest advancements underscore a transformative step in decentralized finance, enhancing global connectivity and streamlining the conversion of digital assets into traditional fiat currencies. While the platform's new features and strategic partnerships pave the way for a more accessible and efficient user experience, investors and users should exercise caution. The dynamic nature of crypto markets, coupled with regulatory and technological uncertainties, highlights the importance of understanding the risks inherent to digital asset investments. Read more: Raydium Surpasses Uniswap in Monthly DEX Volume by 25%, Signaling Shift in DeFi Market Dynamics

  • Hamster Kombat Announces Hamster Network, a Dedicated TON Layer-2 Network

    Hamster Kombat has unveiled the Hamster Network, a gaming-focused layer-2 blockchain on The Open Network (TON), designed to deliver fast, cost-effective transactions for decentralized applications. This strategic launch, coupled with the broader HamsterVerse initiative, aims to re-engage a dwindling user base and attract developers with robust infrastructure and innovative gameplay incentives.   Quick Take The Hamster Network is the first gaming-focused layer-2 blockchain on TON, offering low transaction fees and high scalability. The launch includes essential tools such as a native wallet, asset bridge, and decentralized exchange, streamlining the user and developer experience. By supporting Solidity and providing incentives like Hamster Boost, the network encourages developers to build and refine decentralized apps. The broader HamsterVerse initiative aims to re-engage users and expand the gaming experience beyond the traditional tap-to-earn model. Despite past declines, technical indicators suggest a possible rebound for the HMSTR token, highlighting renewed optimism in the network's future. Hamster Kombat Announces New Layer-2 Network on TON Telegram’s tap-to-earn phenomenon, Hamster Kombat, is back with a significant upgrade. With the launch of the Hamster Network Layer-2 on TON, the project is taking bold steps to reinvigorate its ecosystem and support a new wave of blockchain-based games and apps.   Source: X   The Hamster Network marks the first gaming-centric layer-2 solution built on The Open Network. Powered by the TON Virtual Machine (TVM), the network features fully compatible smart contracts that post transaction proofs back to TON’s layer-1, ensuring both speed and security. This infrastructure includes a native wallet, an asset bridge, and a decentralized exchange (DEX), providing a seamless experience for developers and users alike.   Technical Enhancements and Developer Incentives Developers now have the advantage of building decentralized applications using Solidity on a scalable platform that guarantees negligible transaction costs. To further foster innovation, the team has introduced Hamster Boost—a series of blockchain testing quests that reward participants with bounties and incentives, all designed to stress-test the network and identify improvement opportunities.   What to Expect from Hamster Kombat Season 2 Season 2 of Hamster Kombat—branded as GameDev Heroes—is set to redefine the user experience by transcending traditional gameplay. In this new phase, players can expect an immersive, multi-layered experience that goes beyond tapping to earn; it incorporates elements of game studio management and team-building.    The season is a core component of the HamsterVerse initiative, where the HMSTR token not only powers transactions and governance but also unlocks rewards across interconnected games. This ambitious relaunch aims to re-engage the dwindling user base by offering richer, developer-driven content and a more dynamic gaming ecosystem.   Read more: Hamster Kombat Token Listing on September 26: All You Need to Know on $HMSTR Token Launch   HamsterVerse Aims to Revitalize the Hamster Kombat Ecosystem The launch of the Hamster Network is a key pillar of the broader HamsterVerse initiative. This new ecosystem aims to go beyond traditional gaming by integrating multiple interconnected applications and mini-games that leverage the HMSTR token. Despite past challenges—such as the controversial HMSTR airdrop and a dramatic decline in monthly active users from 300 million to around 11.5 million—the team remains focused on re-engaging its core audience and attracting fresh talent to develop novel decentralized gaming experiences.   What Do the Recent Developments Mean for HMSTR Token? HMSTR/USDT price chart | Source: KuCoin   While the HMSTR token has faced significant price declines—down over 85% from its peak—the layer-2 launch is being viewed as a potential catalyst for renewed interest and market confidence. Technical indicators, such as a bullish falling wedge pattern, hint at a possible price rebound, with some analyses suggesting a surge of up to 260%. As the developers work to improve token utility and network efficiency, the evolving HamsterVerse may yet transform user engagement and market dynamics.   With these bold advancements, Hamster Kombat is positioning itself to redefine Web3 gaming and create a more interactive and decentralized future for Telegram’s vast user base.   Conclusion In conclusion, Hamster Kombat’s introduction of the Hamster Network on TON and the launch of Season 2 mark pivotal steps in the project's evolution, aiming to revitalize user engagement and broaden its decentralized gaming ecosystem. While these initiatives offer promising advancements in scalability and developer integration, it is important to remember that the crypto market remains highly volatile and carries inherent risks. We advise readers to conduct thorough research and consider their risk tolerance before making any investment or participation decisions.

  • OpenSea's Trading Volume Crosses $30M as SEC Investigation Dropped and SEA Token Announced

    In a significant development for the non-fungible token (NFT) ecosystem, OpenSea has experienced a notable surge in trading activity, coinciding with the conclusion of a regulatory investigation and the introduction of its native token, SEA.   Quick Take The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into OpenSea, removing a significant legal hurdle for the platform. OpenSea's introduction of its native token, SEA, has been a catalyst for increased user engagement and trading volume. Following these developments, OpenSea's share of the Ethereum NFT marketplace has risen dramatically, reaching 71.5% from a previous 25.5% just weeks prior. The platform's daily trading volume has escalated to an average of $17.4 million, a substantial increase from the pre-announcement average of $3.47 million. SEC Concludes Its OpenSea Investigation On February 21, 2025, OpenSea's founder and CEO, Devin Finzer, announced that the SEC had concluded its investigation into the platform. This inquiry, initiated in August 2024, centered on allegations that OpenSea operated as an unregistered securities marketplace. The closure of this investigation is widely regarded as a positive outcome for the NFT industry, as it alleviates regulatory uncertainties that have previously hindered innovation and growth. Finzer emphasized that classifying NFTs as securities would have been a misinterpretation of the law, potentially stifling creativity and progress within the space.   OpenSea’s $SEA Token Announcement Drives Trading Volume Past $17M OpenSea’s trading volume surged last week | Source: Token Terminal   Coinciding with the regulatory relief, OpenSea unveiled its native token, SEA, on February 13, 2025. This strategic move aims to enhance user engagement and incentivize platform activity. Since the announcement, OpenSea's daily trading volume has experienced a remarkable increase, averaging $17.4 million—nearly a fivefold rise from the $3.47 million recorded in the days leading up to the token's introduction. The number of daily transactions has also more than doubled, indicating heightened user participation and interest.   Read more: OpenSea Unveils OS2 Platform and Announces SEA Token Airdrop   OpenSea’s Market Share on Ethereum Crosses 70% OpenSea’s monthly trades on the rise | Source: TheBlock   The combined effect of the SEC's decision and the SEA token launch has propelled OpenSea's dominance in the Ethereum NFT marketplace ecosystem. The platform's market share has surged to 71.5%, a significant leap from the 25.5% observed just four weeks prior. This growth has primarily come at the expense of competitors, notably Blur, as users gravitate back to OpenSea, attracted by the new incentives and renewed confidence in the platform's regulatory standing.   NFT Community and Industry Reaction The NFT community and broader cryptocurrency industry have responded positively to these developments. Chris Akhavan, Chief Business Officer of Magic Eden, acknowledged the significance of the SEC's decision, suggesting it benefits the entire NFT ecosystem. While OpenSea and Magic Eden are competitors, Akhavan emphasized their shared belief in the potential of NFTs and expressed satisfaction with the regulatory clarity achieved.   OpenSea's recent advancements—including the favorable resolution of regulatory challenges and the strategic introduction of the SEA token—have not only revitalized its platform but also reinforced its leadership position within the NFT marketplace. These actions have collectively contributed to a substantial increase in trading volume and market share, signaling a renewed phase of growth and innovation for OpenSea and its user community.

  • OpenSea Unveils OS2 Platform and Announces SEA Token Airdrop

    OpenSea has launched OS2, a revamped platform integrating NFT and token trading across multiple blockchains, and announced an upcoming SEA token airdrop to reward its community. The SEA token will be distributed to users based on historical platform engagement, with U.S. users eligible to participate.    Quick Take OpenSea introduces OS2, a comprehensive rebuild of its marketplace, enhancing user experience with features like improved search, cross-chain purchasing, and support for multiple blockchains. The OpenSea Foundation announces the upcoming SEA token, designed to reward active, loyal, and historical users, aiming to foster greater community engagement. The $SEA airdrop will consider users' historical engagement with the platform, ensuring long-term supporters are recognized. U.S. users are confirmed to be eligible for the airdrop. OpenSea, the leading non-fungible token (NFT) marketplace, has announced a comprehensive overhaul of its platform, introducing OS2—a reimagined marketplace—and unveiling plans for its native token, SEA. These initiatives aim to revitalize OpenSea's offerings and reaffirm its commitment to the Web3 community. OpenSea currently supports a variety of blockchains, including Ethereum, Polygon, Klaytn, Arbitrum, Optimism, Avalanche, Zora Network, Base, Blast, Sei, B3, Berachain, Flow, ApeChain, and Soneium.    Introducing OS2: A New Era for OpenSea OS2 represents a complete rebuild of OpenSea's platform, designed to enhance user experience and expand functionality. Key features of OS2 include:   Enhanced Core Functionality: Improved search, sorting, and discovery tools, including a new traits tab and explore feature, facilitating easier navigation for users. Integration of NFTs and Tokens: Users can now access fungible token swaps through integrated liquidity aggregators, bridging the gap between NFTs and other digital assets. Support for Multiple Blockchains: OS2 introduces compatibility with additional blockchains, broadening the scope of assets available on the platform. Cross-Chain Purchasing: The new platform allows users to buy NFTs and tokens across multiple blockchains without the need for manual swaps or bridges. Aggregated Marketplace Listings: By sourcing the best prices across various marketplaces, OS2 ensures users have access to optimal deals. Live Data & Analytics: Features such as color-coded rarity indicators, real-time updates, and in-depth statistics provide users with valuable insights. User Experience Enhancements: A redesigned homepage, faster navigation, a wallet sidebar, and real-time notifications contribute to a more seamless experience. Rewards Program (XP): A new program designed to benefit active users of the platform, encouraging engagement and loyalty. Devin Finzer, Co-founder and CEO of OpenSea, emphasized the significance of this update, stating, "This represents an expansion of OpenSea from an NFT marketplace to a much broader platform for trading all types of digital assets. We think tokens and NFTs belong together in a single, powerful, delightful experience."   OpenSea Announces $SEA, its Native Token Source: X   In conjunction with the OS2 launch, the OpenSea Foundation has revealed plans for the SEA token. While specific details regarding the token's release and allocation are forthcoming, the foundation has indicated that SEA will be available to users in countries including the U.S. Notably, "historical OpenSea usage, not just recent activity," will play a significant role in token allocations, ensuring that long-term users are recognized and rewarded.   James Hu, General Manager of the OpenSea Foundation, highlighted the token's purpose: "The OpenSea Foundation is excited to announce the $SEA token, which will mark a major step in empowering our community and fostering the OpenSea ecosystem and the Seaport Protocol on which it operates."   OpenSea's SEA Token Airdrop In conjunction with the OS2 launch, the OpenSea Foundation has announced plans for the SEA token airdrop. While specific details regarding the distribution are yet to be disclosed, the foundation has emphasized that historical platform usage will play a significant role in determining eligibility, ensuring that long-term users are duly rewarded. Notably, U.S. users will be eligible to participate in the OpenSea airdrop, and the process will not require know-your-customer (KYC) verification.    The SEA token is designed to encourage greater community engagement and support the next chapter of the NFT ecosystem. OpenSea aims to ensure the token's utility contributes to the platform's long-term sustainability, rather than serving as a short-term incentive.   OpenSea’s Strategic Shift Amid Pro-Crypto Regulatory Changes These developments occur against a backdrop of significant shifts in the U.S. regulatory environment for cryptocurrency firms. Following President Donald Trump's inauguration on January 20, 2025, the administration has signaled a more crypto-friendly approach, with plans to scale back enforcement against crypto and promote the U.S. as "the world's crypto capital." This change has provided companies like OpenSea with greater confidence to innovate and expand their offerings.   Looking Ahead OpenSea's introduction of OS2 and the forthcoming SEA token underscore the company's dedication to evolving with the dynamic digital asset landscape. By enhancing platform capabilities and rewarding its community, OpenSea aims to solidify its position as a leader in the NFT and broader digital asset markets.   As the cryptocurrency industry continues to mature, OpenSea's initiatives reflect a broader trend of platforms seeking to integrate more deeply with their user communities and adapt to regulatory developments. The success of these endeavors will be closely watched by stakeholders across the digital asset ecosystem.

  • Farm Frens Airdrop Delayed to February Amid TON Exclusivity, Opts for Base Network

    Farm Frens, the play-to-earn farming simulation game, has postponed its FREN token airdrop from January to February in response to Telegram’s sudden exclusivity shift mandating the use of the TON blockchain for mini apps. Instead of migrating to TON under heavy-handed restrictions and tight deadlines, the development team has chosen to launch the token on Coinbase’s Base layer‑2 network to maintain scalability and security.   Quick Take The FREN token airdrop has been delayed from January to February due to Telegram’s exclusivity requirements for TON. Farm Frens was caught off guard by stringent deadlines and restrictions, prompting a strategic pivot. The project will remain on Base, an Ethereum scaling solution, rather than switching to TON. A final snapshot for token allocation was taken on January 20, 2025, at 3:00 AM UTC. The platform is also planning to spin out its wallet and temporarily remove on-chain interactions to streamline operations. What Is Farm Frens Telegram Game?  Farm Frens is a strategy-driven farming simulation game on Telegram where players manage virtual farms by cultivating resources such as NUTS, DIRT, and DUNG to upgrade their infrastructure. The game leverages blockchain technology by taking a snapshot of players' in-game assets to determine eligibility for an upcoming token airdrop on Ethereum’s Base layer‑2 network. Additionally, players can enhance their rewards by holding specific Everseed NFTs, integrating digital asset ownership into the gaming experience.   Why Did Farm Frens Shift From TON Network to Base Chain? Source: X   Farm Frens’ development team was surprised by Telegram’s recent announcement that all mini apps with crypto integrations must utilize the TON blockchain exclusively. Faced with “unreasonable deadlines” and heavy-handed restrictions imposed by both Telegram and the TON Foundation, the team decided to forego a migration to TON. Instead, they opted to continue their operations on the Base layer‑2 network—a solution known for its scalability, security, and lower transaction fees—thus ensuring that the game’s 341,000 monthly active users can enjoy a smooth and secure experience without abrupt changes.   When Is the Farm Frens Airdrop and FREN Token Launch? Source: X   While the initial plan called for a token airdrop in January, Farm Frens has now rescheduled the event for February 2025 to accommodate necessary roadmap adjustments. A final snapshot to determine token allocations was taken on January 20, 2025, at 3:00 AM UTC, which means that eligible participants who connected their wallets via the official in‑game settings (and NFT holders via the dedicated platform) will receive their FREN tokens once the airdrop goes live in February.   As per the latest official updates, Farm Frens is likely to announce its airdrop and token launch date sometime this week. Keep following KuCoin News to learn more about the latest developments around Farm Frens airdrop and TGE.    Conclusion Farm Frens’ decision to delay its FREN token airdrop and remain on the Base network rather than migrate to TON represents a cautious and strategic response to regulatory and technical challenges imposed by Telegram’s exclusivity policy. While these adjustments aim to ensure a more stable and secure user experience, the inherent volatility of the crypto market means that potential investors should conduct thorough research and only invest funds they can afford to lose.

  • TapSwap Airdrop and $TAPS Token Launch on February 14 on the BNB Chain

    TapSwap, the popular Telegram-based tap-to-earn game similar to Hamster Kombat, Catizen, and X Empire, has pivoted its strategy by launching its TAPS token on the BNB Chain instead of The Open Network (TON) due to improved market conditions and scalability benefits. The project’s Token Generation Event (TGE) and airdrop are scheduled for February 14, 2025, marking a new phase as the game transitions from its tapping roots to incorporate skill-based gaming.   Quick Take TAPS token will launch on BNB Chain, offering enhanced speed, security, and scalability. The TGE and airdrop are set for February 14, 2025, following the conclusion of Season 1 on February 6. The strategic shift was influenced by a TON exclusivity pact with Telegram and advice from a tier-1 decentralized exchange. TapSwap is expanding its gaming model to integrate skill-based elements alongside its tap-to-earn system. Price predictions at launch are estimated in the $0.30-$0.40 range, with potential for upward movement based on liquidity and community engagement. What Is TapSwap Tap-to-Earn Telegram Game? TapSwap is a Telegram-based tap-to-earn crypto game where users earn tokens by engaging in simple interactive tasks and challenges. The game has built a vibrant community through seasonal events and gameplay, and it is evolving to incorporate more skill-based elements alongside its traditional tapping mechanics. With its upcoming TAPS token airdrop and Token Generation Event on the BNB Chain, TapSwap is positioning itself for a dynamic future in the crypto gaming sector.   Read more: What Is TapSwap (TAPS)? All About the Viral Telegram Crypto Game   TapSwap's Strategic Shift to BNB Chain TapSwap to launch $TAPS token on BNB Chain | Source: X   Originally aligned with TON due to an exclusivity pact with Telegram, TapSwap has opted for the BNB Chain to launch its TAPS token. This shift is driven by BNB Chain’s reputation for handling thousands of transactions per second, which translates into smoother gameplay, lower transaction fees, and enhanced overall security. By embracing BNB Chain, TapSwap positions itself to benefit from a more robust infrastructure that not only supports its current tap-to-earn model but also paves the way for the integration of skill-based gaming—a move that could broaden its user base and improve long-term token utility.   Read more: How to Mine Coins on TapSwap Telegram Crypto Game   When Is the TapSwap Airdrop and TGE? Source: X   After concluding TapSwap Season 1 Airdrop on February 6, 2025, TapSwap is now preparing for its Token Generation Event (TGE) and the associated airdrop on February 14, 2025. The delay from the initially planned airdrop in January was implemented on the advice of a tier-1 decentralized exchange to ensure more favorable market conditions at launch.   What Is TapSwap (TAPS) Price Prediction After Token Launch?  Drawing parallels from similar Telegram-based projects such as Catizen ($CATI), analysts predict that if TAPS launches within the $0.30-$0.40 range, the initial market capitalization could be around $400 million based on a 1 billion token supply. With anticipated listings on major exchanges, increased liquidity may drive the TapSwap price upward, with some experts forecasting that strong community engagement and positive market sentiment could even propel TAPS towards or above the $1 mark over time. However, early trading phases are expected to be volatile, with price movements heavily influenced by overall market conditions and investor sentiment.   Conclusion TapSwap’s decision to transition from TON to BNB Chain and its upcoming TGE on February 14, 2025, mark significant milestones for the platform as it evolves its gaming ecosystem. While the strategic changes and positive price predictions offer promising prospects, investors should remain cautious and conduct thorough research, as crypto markets are inherently volatile and subject to rapid fluctuations.   Read more: Exploring the BNB Chain Ecosystem: Trending Crypto Projects to Watch

  • Jupiter DEX X Account Hacked to Promote Scam Memecoins: Traders Lose Over $20 Million

    The official X account of Jupiter, a leading Solana-based decentralized exchange aggregator, was hacked on February 6, 2025. The attackers used the platform’s account to promote fraudulent memecoins, causing panic among investors and significant financial losses.   Quick Take Solana-based Jupiter DEX suffered a major security breach on February 6, 2025, with its X (formerly Twitter) account hacked. The hackers promoted fake memecoins $MEOW and $DCOIN, leading to significant losses for traders. $MEOW surged past $20 million in market value before the liquidity was drained, leaving investors unable to sell. JUP token price dropped 12%, with trading volumes on JUP/BTC and JUP/ETH spiking by 300%. Jupiter team regained control of the account and confirmed that no funds or customer data were compromised. Jupiter Mobile quickly issued a warning, advising users to avoid clicking any links or engaging with the scam posts. However, before the posts were removed, many traders had already invested in the fake tokens, leading to millions in losses.   Hacked Jupiter X Account’s Fake Memecoins Cause Market Turmoil Source: X   The hacked Jupiter X account promoted a scam token called $MEOW, a name that seemingly played on Jupiter co-founder Meow’s nickname. The token’s market value skyrocketed to over $20 million within minutes, only for the liquidity pool to be drained, leaving investors unable to cash out.   Shortly after, the hackers introduced another fake token, $DCOIN, further exploiting unsuspecting traders. Crypto investor Beanie speculated that traders lost millions instantly, as the scam unfolded within minutes.   Security Concerns Rise in the Crypto Community This is not the first time Jupiter has faced security issues. Last year, its JUP airdrop suffered a security breach, where an attacker exploited over 9,000 wallets to illegally accumulate 1.85 million JUP tokens, worth approximately $1 million.   The recent hack raises serious concerns over security measures for major crypto platforms. Critics, including prominent investors, have questioned how a DEX handling billions in liquidity failed to secure its social media accounts.   Read more: Top 10 Crypto Scams to Avoid in the Bull Run 2025   Jupiter Token (JUP) Suffers 12% Decline JUP/USDT price chart | Source: KuCoin   The breach led to an immediate 12% decline in Jupiter’s native token (JUP), dropping from $0.85 to $0.75 within minutes. The hack also triggered:   A 300% spike in JUP trading volume across BTC and ETH pairs. A 40% increase in active transactions. A 25% rise in transactions over $100,000, as large investors seized the opportunity to buy the dip. By the time of writing, JUP recovered to over $0.88, with its relative strength index (RSI) hitting 30, indicating oversold conditions and a potential rebound.   Jupiter Team Confirms X Account Recovery Source: X   Jupiter co-founder Meow confirmed that the attack originated from a U.S.-based IP address. At the time of the attack, a key team member, Mei, was traveling from Mountain DAO to Singapore, limiting the response time.   Jupiter later reassured users that the hacked X account was restored and that all funds and customer data remained secure. The exchange emphasized that its smart contracts were protected by 4/7 multisig security, preventing further damage beyond the social media breach.   Final Thoughts: Lessons for Traders This attack serves as a stark reminder for traders to exercise caution when interacting with social media promotions. Crypto users are urged to:   Verify all official announcements through multiple sources before taking action. Avoid engaging with unknown links and token promotions on social media. Enable additional security measures for their own accounts, including two-factor authentication (2FA). As security threats in the crypto market continue to evolve, traders and platforms alike must remain vigilant against malicious actors seeking to exploit market enthusiasm for fraudulent schemes.   Read more: What Is a Crypto Rug Pull, and How to Avoid the Scam?

  • Raydium Surpasses Uniswap in Monthly DEX Volume by 25%, Signaling Shift in DeFi Market Dynamics

    For the first time in history, Raydium, the leading Solana-based decentralized exchange, has overtaken Uniswap in monthly trading volume. According to data from The Block, Raydium captured 27.1% of all DEX volume in January, up significantly from 18.8% in December 2024. In contrast, Uniswap’s dominance dwindled from 34.5% to 22% during the same period, marking a major shake-up in the DeFi sector.   Quick Take Solana-based Raydium processed 27% of all decentralized exchange (DEX) volume in January 2025, surpassing Uniswap for the first time. Raydium’s market share jumped from 18.8% in December to 27.1%, while Uniswap’s fell from 34.5% to 22%. A surge in memecoin trading, particularly the Trump (TRUMP) token, fueled Raydium’s dominance. Solana’s transaction volume was five times higher than Ethereum’s in January, reinforcing its growing influence in DeFi. Raydium’s native token (RAY) rebounded 10% after a correction on February 4, 2025, nearing a $2 billion market cap. Raydium Sees 25% Higher Volume Than Uniswap in January Raydium sees higher trading volume than Uniswap in January | Source: TheBlock   Raydium’s surge was primarily driven by a wave of memecoin speculation, with traders flocking to Solana for its lower transaction fees and faster processing times compared to Ethereum. One of the biggest contributors to this boom was the Trump (TRUMP) token, which quickly became one of the most traded cryptocurrencies after its launch, further boosting Raydium’s activity.   Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide Solana’s Growing Dominance in DeFi Driven by Memecoins Raydium’s volume surges in January 2025 due to memecoins | Source: DefiLlama   The rapid rise of Raydium is part of a broader shift toward the Solana ecosystem. Solana processed five times more transactions than Ethereum in January, showcasing its efficiency and appeal for high-frequency trading. Unlike Ethereum, which continues to struggle with scalability and high gas fees, Solana’s high throughput and low-cost transactions make it an attractive choice for DeFi traders.   PancakeSwap, the leading DEX on BNB Chain, held 17% of the market share in January, while two other Solana-based exchanges, Orca and Meteora, ranked fourth and fifth in total volume, further solidifying Solana’s influence in the sector.   Uniswap Faces Growing Challenges Uniswap’s declining market share raises concerns about Ethereum’s ability to maintain its DeFi dominance. The Ethereum community has voiced frustrations over the network’s slow development pace and high transaction costs, leading many users to explore alternative blockchains like Solana, Avalanche, and BSC.   Despite Ethereum’s extensive developer ecosystem and strong institutional backing, the network’s scalability issues remain a significant hurdle. While upcoming upgrades may improve Ethereum’s efficiency, competing ecosystems are rapidly gaining ground, and Uniswap’s recent performance suggests that traders are increasingly looking elsewhere for their DeFi needs.   Raydium (RAY) Market Performance and Future Outlook Raydium (RAY) technical analysis | Source: BeInCrypto   Raydium’s success isn’t just limited to trading volume; its native token (RAY) also saw strong market activity. After a significant correction, RAY rebounded by 10%, pushing its market cap close to $2 billion, before sliding lower due to overall crypto market conditions. Over the past week, Raydium generated $42 million in revenue—more than Uniswap and even Ethereum itself—demonstrating its growing influence in the DeFi market.   Technical indicators suggest that RAY could see further price gains if it maintains its bullish momentum. Analysts predict that if Raydium continues its current trajectory, its token could target an $8.7 price level. However, a failure to hold support levels may lead to a retracement toward $5.36 or lower.   Read more: Raydium (RAY) Bounces Back Over 10% Following a Sharp Correction   Conclusion: Is the DeFi Landscape Shifting From Ethereum to Solana?  Ethereum vs. Solana TVL | Source: DefiLlama   Raydium’s ascent signals a broader shift in DeFi, with Solana-based exchanges gaining significant traction over their Ethereum-based counterparts. The combination of fast transactions, low fees, and a thriving memecoin market has propelled Raydium to the top, challenging Uniswap’s long-held dominance.   As Ethereum works to address its scalability issues, Solana and its ecosystem continue to attract traders seeking efficiency and affordability. With Raydium now the leading DEX by volume, the DeFi sector may be witnessing the beginning of a more competitive and decentralized market structure, where multiple blockchains play a crucial role in shaping the industry’s future.   Read more: Solana vs. Ethereum: Which Is Better in 2025?

  • Hyperliquid Surpasses Ethereum with $12.8M Weekly Revenue and Nears $1 Trillion Trading Milestone

    Hyperliquid, a layer-1 blockchain optimized for perpetual futures trading, has overtaken Ethereum in seven-day revenues, marking a significant milestone in the crypto ecosystem. According to DefiLlama, Hyperliquid recorded approximately $12.8 million in protocol revenues in the past week, exceeding Ethereum’s $11.5 million. This revenue flip underscores Hyperliquid’s increasing dominance in derivatives trading, as it offers faster transaction settlements and lower fees compared to Ethereum.   Quick Take Hyperliquid generated $12.8 million in weekly protocol revenue, surpassing Ethereum’s $11.5 million. The layer-1 blockchain specializes in perpetual futures trading, capturing 70% market share in its sector. HYPE token has gained over 500% since its airdrop in November 2024. Total Value Locked (TVL) has dropped to $1.27 billion, but trading volumes continue to rise. Hyperliquid is nearing a $1 trillion milestone in cumulative trading volume. Since its launch in 2024, Hyperliquid has positioned itself as a premier venue for perpetual futures trading, a derivative product that allows traders to speculate on asset prices without expiration. The blockchain’s efficiency and cost-effectiveness have made it an attractive alternative to Ethereum, especially for traders seeking seamless order execution and minimal fees.   Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange   Hyperliquid’s Market Share Surges to 70% Hyperliquid’s daily transaction volume has nearly doubled since the start of the year, reaching $470 million as of early February 2025. The blockchain has also gained 70% market share in perpetual futures trading, surpassing competitors like GMX and dYdX. Its trading infrastructure, which rivals that of centralized exchanges, has contributed to this rapid growth.   Read more: dYdX: A Beginner's Guide to the Decentralized Exchange   Hyperliquid’s TVL and trading volume | Source: DefiLlama   Additionally, Hyperliquid’s total cumulative trading volume is approaching a historic $1 trillion milestone, following a record-breaking $366 billion in monthly trading volume in January 2025. This puts Hyperliquid ahead of other decentralized exchanges, including Jupiter, dYdX, and SynFuture.   Read more: What Is Jupiter DEX Aggregator on Solana and How to Use it?   Hyperliquid vs. Ethereum Ecosystem Hyperliquid vs. dYdX | Source: DefiLlama   While Ethereum remains the dominant layer-1 blockchain, it has faced significant revenue declines due to the March 2024 Dencun upgrade, which cut transaction fees by approximately 95%. Lower fees have led to reduced network revenues, with Ethereum struggling to maintain previous profit levels. Other blockchain networks, such as Solana, have also begun outpacing Ethereum in decentralized exchange trading volume.   Ethereum still leads in daily volume, recording $4.7 billion compared to Hyperliquid’s $470 million. However, Hyperliquid’s rapid growth trajectory suggests that it may continue capturing market share from Ethereum and other layer-1 competitors.   Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem   HYPE Token’s Performance and Price Outlook HYPE price | Source: KuCoin   Hyperliquid’s native token, HYPE, has experienced a meteoric rise since its November 2024 airdrop. As of February 2025, HYPE has surged by nearly 150%, reaching a fully diluted valuation of approximately $25 billion.   Despite a recent decline in TVL to $1.27 billion, HYPE’s price has shown resilience, rebounding 10% to reclaim $25. Analysts predict that the token could rally towards $35, supported by strong buying pressure and technical indicators signaling an uptrend. Chaikin Money Flow (CMF) analysis suggests that accumulation is increasing, potentially pushing HYPE to new highs.   However, risks remain. If selling pressure intensifies, HYPE’s price could dip to $19, with a worst-case scenario seeing it drop to $15.11. Market watchers will be closely monitoring whether HYPE can break above key resistance levels at $28.42 and $35.46 to mark a new all-time high.   Read more: The Rise of HYPE: Hyperliquid Surpasses Ethereum in 7-Day Revenue Figures   What’s Next for Hyperliquid?  One of Hyperliquid’s next major milestones is the launch of its Ethereum Virtual Machine (EVM) smart contract platform, expected later in 2025. This upgrade is seen as essential for diversifying its revenue streams and expanding its ecosystem beyond derivatives trading.   According to VanEck, the ability to attract a developer community and build a broader DeFi ecosystem will be critical in sustaining Hyperliquid’s growth and justifying its lofty valuation. If successful, this expansion could solidify Hyperliquid’s position as a leading blockchain network in the long term.   Conclusion Hyperliquid’s explosive growth in derivatives trading and its ability to surpass Ethereum in weekly revenues highlight its potential as a disruptive force in the crypto market. With a rapidly expanding user base, record-breaking trading volumes, and a promising roadmap ahead, Hyperliquid and its HYPE token remain key assets to watch in 2025. However, maintaining its momentum will require continued innovation, ecosystem expansion, and resilience against market volatility.   Read more: Top Crypto Airdrops To Watch in February 2025

  • How to Claim Venice AI Airdrop and Stake Your VVV Tokens - A Step by Step Guide

    Venice AI has officially launched its Venice token (VVV) on the Base network, marking a significant milestone in decentralized AI access. This initiative aims to provide users and developers with private, uncensored AI inference through the Venice API.   Quick Take Venice AI introduces its decentralized platform with the VVV token on the Base blockchain, enabling private and uncensored AI inference for tasks like text, image, and code generation. Free and Pro users who meet eligibility criteria can claim their VVV tokens until March 13, 2025, through the token dashboard. Pro users can claim directly, while Free users must upgrade their accounts first. Staking VVV tokens gives users a proportional share of Venice's API capacity, ensuring free, ongoing AI inference with emissions-based yield as a bonus. What Is Venice AI (VVV) and How Does It Work? Venice AI is a decentralized platform that combines artificial intelligence (AI) capabilities with blockchain technology. Launched in May 2024, Venice AI was designed as a private and uncensored alternative to traditional AI platforms like ChatGPT. It enables users to access private, uncensored AI inference for tasks such as generating text, creating images, and writing code.   By integrating with the Base blockchain, Venice AI prioritizes privacy, scalability, and accessibility while leveraging blockchain's decentralized nature to distribute ownership and functionality to its users. Since its launch, Venice AI has grown to over 450,000 registered users, with 50,000 daily active users generating more than 15,000 inference requests per hour.   Key Features of Venice AI Privacy First: Venice ensures complete privacy for users. Your prompts and conversations are neither stored nor seen by the platform, providing a secure and confidential AI experience. Uncensored Inference: Unlike traditional AI providers, Venice imposes no content restrictions, allowing users full creative freedom. Exclusive Access with VVV: Purchasing and staking the Venice token (VVV) grants holders private access to Venice AI’s DeepSeek R-1 model, a high-performance AI engine offering cutting-edge generative capabilities. Real-Time Generative Capabilities: The platform supports high-speed inference for text, image, and code generation, making it suitable for developers, content creators, and AI enthusiasts. Tokenized API Access: By staking the Venice token (VVV), users gain proportional access to the platform's API capacity. This innovative model incentivizes participation and decentralizes control over the AI infrastructure. How Venice AI Works Venice AI aims to democratize AI by removing the traditional barriers of centralized providers. By utilizing a blockchain-based infrastructure, Venice ensures that users maintain control over their data, enjoy unrestricted access, and actively participate in the platform’s governance and growth.   Staking for API Access: Users stake VVV tokens to gain access to a share of Venice's total API capacity. The more you stake, the greater your access to inference capabilities. Emissions-Based Yield: Staked tokens earn emissions-based rewards, effectively subsidizing AI usage costs and making it more economical for active users. Permissionless Integration: Developers and enterprises can integrate Venice's AI solutions directly into their workflows via the Venice API, using their staked capacity to support operations. Key Highlights of the VVV Airdrop Source: Venice AI blog   Venice has minted 100 million VVV tokens, with 50% (50 million tokens) allocated for airdrops to Venice users and the broader crypto AI community. The remaining tokens are designated for Venice.ai's development, an incentive fund, and liquidity provision. Active Venice users since October 1, 2024, who have accumulated at least 25 points by December 31, 2024, are eligible for the airdrop. Additionally, 25 million VVV tokens have been allocated to AI community protocols on the Base network, including projects like VIRTUALS, AERO, DEGEN, AIXBT, GAME, LUNA, VADER, CLANKER, and MOR. How to Claim Venice AI Airdrop and Stake Your VVV Tokens Claiming VVV Tokens: Free Users: Eligible free users must upgrade to a Pro account to claim their tokens. Upon upgrading, they can access their allocated VVV tokens through the token dashboard. Pro Users: Eligible Pro users can directly claim their VVV tokens via the token dashboard. The claim window is open until March 13, 2025. Staking VVV Tokens: Staking VVV tokens grants users a proportional share of Venice's API capacity. For instance, staking 1% of the total staked VVV entitles a user to 1% of the API capacity indefinitely. This staked amount is not spent but remains as collateral, allowing users to utilize their share of inference as needed. Additionally, stakers earn emissions-based yield, effectively reducing the cost of AI inference to below zero. Important Details to Know VVV Contract Address: 0xacfE6019Ed1A7Dc6f7B508C02d1b04ec88cC21bf Staking Contract Address: 0x321b7ff75154472B18EDb199033fF4D116F340Ff Claim Portal: venice.ai/token API Documentation: docs.venice.ai Community Engagement: Join the conversation on Discord at discord.gg/BgmZpK2Tt9 Venice AI emphasizes user privacy, ensuring that prompts and conversations are neither stored nor viewed by the platform. There are no content restrictions, allowing users to engage freely with the AI. By staking VVV, users gain API access while maintaining complete data privacy.   Venice AI (VVV) Tokenomics  Venice AI introduces a novel token-economic model centered around the Venice token (VVV). This token enables stakers to access private, uncensored AI inference on the Venice API at zero marginal cost. The tokenomics of VVV are designed to promote utility, incentivize staking, and align with the growth of the generative AI industry. Below are the key aspects of VVV's tokenomics:   Venice AI Token Distribution Venice AI token allocation | Source: Venice AI blog   Total Supply: 100 million VVV tokens were created at genesis. Airdrop Allocation: 50% (50 million VVV) allocated for airdrops. 25 million VVV distributed to over 100,000 Venice users active since October 1, 2024, who earned 25 or more points by December 31, 2024. 25 million VVV allocated to AI community protocols on the Base blockchain, including projects like VIRTUALS, AERO, and VaderAI. Team and Development Fund: 35% (35 million VVV) allocated to Venice.ai for development and ecosystem growth. 10% (10 million VVV) allocated to the Venice team, with 25% unlocked upfront and the remainder vesting over 24 months. 5% (5 million VVV) allocated to an incentive fund for liquidity and user rewards. $VVV Token Utility VVV tokens serve as an access key to Venice’s AI inference capacity. Stakers enjoy the following benefits:   Proportional Inference Access: Staking VVV allows users to claim a pro-rata share of Venice’s API capacity, enabling free generative text, image, and code creation. Private and Uncensored AI Access: The Venice token (VVV) acts as an access key for AI agents and developers to consume private, uncensored inference through the Venice API, without paying per request. Staking Yield: Stakers earn emissions-based rewards, reducing the cost of AI usage and potentially generating income. Resale Opportunities: Stakers can trade or resell their share of API capacity, providing additional utility and flexibility. VVV Token Emission Schedule Annual Emissions: 14 million VVV are emitted yearly, starting at an inflation rate of 14%. This rate decreases over time. Emission Allocation: Newly emitted tokens are distributed to stakers and Venice.ai, based on the platform’s Utilization Rate—a measure of demand for Venice’s API. Final Thoughts This airdrop represents a pivotal step in integrating decentralized AI solutions with blockchain technology, fostering a unified digital ecosystem. As the claim window remains open until March 13, 2025, eligible participants are encouraged to claim and stake their VVV tokens promptly to maximize their benefits within the Venice ecosystem.   Read more: Venice AI Token (VVV) Launches with $1.6B Valuation, Offering Private DeepSeek Access

  • Jupiter Soars 40% as Founder Commits 50% Fees to Token Buybacks and Reports $102M Revenue in 2024

    Source: www.jup.eco   Introduction Jupiter, the Solana-based DEX aggregator, experienced a significant surge in January 2025. The platform's native token, JUP, rose by 40% following major announcements at the Catstanbul 2025 event. Founder Meow revealed plans to burn 3 billion JUP tokens and allocate half of the platform's fees to buy back tokens. Additionally, Jupiter reported impressive revenue growth in 2024, reaching $102 million. These strategic moves highlight Jupiter’s strong market presence and growth potential. Investors are encouraged to buy JUP on KuCoin to benefit from its upward trajectory.   Quick Takes: Jupiter’s Token Strategy Drives Growth: Jupiter announced the burning of 3 billion JUP tokens and the allocation of 50% of its fees to buy back tokens. This strategy led to a 40% increase in JUP’s price, boosting its market capitalization to $2.04 billion. Significant Revenue Achievement in 2024: Jupiter reported a revenue of $102 million in 2024, ranking seventh among Solana DApps. The platform's primary revenue source, Jupiter Perps, holds an 84% market share in Solana’s PerpDEX, highlighting its strong financial performance. Strategic Expansions and Acquisitions: Jupiter acquired a majority stake in Moonshot, launched the 'Jupnet' omnichain network, and introduced a $10 million AI fund with Eliza Labs. These initiatives enhance Jupiter’s market position and drive future growth, making JUP a promising investment on KuCoin. Investors are encouraged to buy JUP on KuCoin to capitalize on Jupiter’s strategic growth and strong market performance.   Read more: What Is Jupiter DEX Aggregator on Solana and How to Use it?   What Is Jupiter (JUP) DEX Aggregator on Solana?   Jupiter is a powerful DEX aggregator designed to simplify token swaps on the Solana blockchain. It connects multiple decentralized exchanges (DEXs) and liquidity pools, allowing users to access the best prices for their trades in one place. Launched in 2021, Jupiter has grown into a key player in the Solana ecosystem, catering to millions of traders worldwide. Its fast, cost-effective, and user-friendly interface makes it a preferred choice for DeFi enthusiasts.    Jupiter’s key features include: Aggregating liquidity from over 20 Solana-based DEXs. Advanced tools like limit orders and dollar-cost averaging (DCA). A vibrant community supported by its governance token, JUP.   Jupiter’s Major Announcements: Catstanbul 2025 and 50% Token Buy Back Source: The Block   At the Catstanbul 2025 event, Jupiter’s founder Meow announced the burning of 3 billion JUP tokens worth $3.6 billion. This strategy aims to reduce token emissions, increase market certainty, and lower the Fully Diluted Valuation (FDV) of JUP. Meow stated, "We want to really connect the entire world...and it's not going to be easy. We need a lot of incentives, we need a lot of capital, we need a lot of funds...the goal is simple, we need JUP to be that firepower."   Additionally, Jupiter will use 50% of its protocol fees to buy back JUP tokens from the market. The remaining 50% will support growth, future strategies, and operational stability. Meow emphasized, "The value of a token is anchored in community...remember, every coin is a memecoin." These measures led JUP’s price to rise from $0.90 to $1.27 before a slight retreat.   Read more: Jupiter’s $616M Solana Airdrop: The 2025 JUP Token Guide   Strategic Acquisition of Moonshot and Upgrades Source: X   Jupiter acquired a majority stake in Moonshot, a memecoin launchpad, positioning itself to expand in the memecoin sector. The platform also introduced the 'Jupnet' omnichain network, currently in beta, enhancing its blockchain capabilities. Furthermore, Jupiter launched a V2 upgrade of the platform and unveiled a $10 million AI fund in partnership with Eliza Labs. These initiatives drive innovation and support new projects within Jupiter’s ecosystem.   Source: X   Jupiter’s Significant Revenue Growth of $102M in 2024 In 2024, Jupiter reported a revenue of $102 million, ranking seventh among Solana DApps according to BlockBeats. The primary revenue source was Jupiter Perps, which holds an 84% market share in Solana’s PerpDEX. December 2024 saw Jupiter’s revenue increase sevenfold from $3 million in January to $21 million. This surge was driven by two weeks of explosive growth, generating $35.86 million and accounting for nearly 40% of the previous year’s total revenue. Based on last year’s performance, Jupiter plans to allocate approximately $50 million for JUP token buybacks. Currently, JUP’s market capitalization stands at $2.04 billion, representing 2.4% of its total market value.   Impact on JUP Token Source: KuCoin   The announcements led to a significant rise in JUP’s price, boosting it by 40% from $0.90 to $1.27. Jupiter’s strategy of burning tokens and buying back JUP aims to create long-term value for holders. Meow stated, "I don't want to ever…sell JUP for operational reasons. Why? Because JUP is not for expenses, JUP is for alignment." The platform may sell JUP to establish long-term partnerships with aligned partners.   Investors can benefit from Jupiter’s robust strategies by purchasing JUP on KuCoin. The token’s strong performance and strategic backing make it a promising addition to any crypto portfolio.   Conclusion Jupiter’s strategic initiatives and impressive revenue growth have solidified its position in the crypto market. The burning of 3 billion JUP tokens and the allocation of 50% of fees for buybacks demonstrate Jupiter’s commitment to increasing token value and ensuring long-term stability. With a revenue of $102 million in 2024 and continued expansion through acquisitions and technological upgrades, Jupiter is poised for further growth. Investors looking to capitalize on Jupiter’s success should consider buying JUP on KuCoin. The token’s strong performance and strategic backing make it a promising addition to any crypto portfolio.

  • Jambo Airdrop: Step-by-Step Guide to Claim Your $J Tokens

    Jambo is revolutionizing mobile connectivity with blockchain technology. Their mission is to build the largest on-chain mobile network globally. Central to this vision is the JamboPhone, a $99 Web3 Android smartphone pre-loaded with crypto partnerships for seamless onboarding. This article explores Jambo, the JamboPhone 2, the $J token, and how you can claim your airdrop tokens.   Source: https://jambophone.xyz/   What Is Jambo (J) Crypto? Source: KuCoin   Jambo ($J) is a blockchain project aimed at accelerating Web3 adoption in regions like Africa, Southeast Asia, and Latin America. By offering affordable, crypto-native smartphones and decentralized applications, Jambo makes digital finance accessible to millions. The ecosystem revolves around the JamboPhone and the $J token, which facilitates rewards, governance, and payments within the platform. As of January 2025, Jambo operates in 128 countries. The company has received over 815,000 orders for the JamboPhone and created nearly 9.5 million JamboWallets since its launch.   Read more: All You Need to Know About Jambo (J) and Web3 JamboPhone JamboPhone 2: Enhancing Connectivity Source: https://jambophone.xyz/   The JamboPhone 2 builds on its predecessor with significant upgrades. Priced at $99, it runs on Android 13 and includes applications like the Aptos-compatible wallet Petra and the Jambo App. Users can manage cryptocurrencies and access blockchain services directly from their device. Key hardware improvements include 12GB of RAM, increased storage, and a longer-lasting battery, ensuring a superior user experience.   Key Features on JamboPhone 2 JamboGPT: An AI assistant integrated into the device, offering real-time analytics and data insights to help users make informed decisions. JamboPlay: Provides access to a diverse range of digital adventures, from casual games to immersive experiences, bringing the universe of mobile gaming to users' fingertips. JamboWallet: A multi-chain wallet that allows users to connect, transact, and manage their digital assets seamlessly, ensuring safety and user-friendliness. JamboEarn: Enables users to participate in gamified quests and start earning immediately, turning time into money with just a tap. The JamboApp Ecosystem JamboApp serves as a superapp within the Jambo ecosystem. It features a dApp store, a questing earn platform, and a multichain non-custodial wallet. The platform uses the $J token, supporting a 100,000,000 $J airdrop prize pool. This ecosystem promotes digital inclusion by providing access to DeFi, NFTs, and gaming through an affordable, user-friendly device.   Jambo ($J) Token Utility and Tokenomics Jambo tokenomics | Source: Jambo docs   The Jambo token (J) serves as the cornerstone of the Jambo ecosystem, offering various utilities. It is available on both JamboPhone and JamboPhone 2, allowing users of either device to seamlessly access and utilize $J for payments, governance participation, rewards, and exclusive discounts within the Jambo ecosystem.   Staking J Tokens: Users can stake J tokens to participate in network governance and earn rewards. Jambo’s Decentralized Governance: Token holders have voting rights on key decisions, influencing the project's future direction. Get Rewards and Discounts in the Jambo Ecosystem: J tokens can be used to access exclusive rewards, discounts, and payouts within the Jambo ecosystem. Participate and Claim the $J Airdrop Jambo’s first $J airdrop rewards early adopters, active contributors, and Solana community members. This initiative boosts engagement and Web3 adoption through incentives.   Why Join the $J Airdrop? Source: https://www.jambo.technology/airdrops   Payments: Use $J tokens for services and goods within the Jambo ecosystem. Governance: Influence the platform’s development. Discounts: Enjoy reduced transaction fees on JamboPhone and partner apps. Jambo Airdrop Overview Total Amount: 100 million $J tokens (10% of 1 billion total supply). Eligibility: JamboPhone 1 and 2 users. Active JamboApp participants earning JPoints. Members of the Mad Lads community within Solana’s ecosystem. Key Airdrop Dates Snapshot Points: JamboPhone Users: January 21, 2025, at 8:00 AM UTC. JamboApp JPoints Earners: January 21, 2025, at 10:00 AM UTC. Mad Lads: January 16, 2025, at 10:00 AM UTC. Claims Open: January 22, 2025, at 10:00 AM UTC. Claim Period: 30 days until February 21, 2025. Rewards Delivery: JamboWallet receives bonus $J within 24 hours of the Token Generation Event (TGE). How to Claim Your Jambo ($J) Airdrop Source: https://www.jambo.technology/airdrops   Jambo’s first $J airdrop campaign aims to reward early adopters, active contributors, and Solana community members. This initiative encourages engagement within the Jambo ecosystem, fostering adoption of Web3 through rewards and incentives.   JamboPhone Users: Link your device’s IMEI number to your JamboApp account. Rewards will appear in your JamboWallet. JamboApp Participants: Complete tasks to earn at least 100 JPoints before the snapshot. Check your JamboWallet on the claim date. Mad Lads Members: Ensure your wallet address was captured on January 16. Follow Galxe instructions to claim your tokens.  Source: X   Trade and Buy Your $J Tokens on KuCoin Eligible users can claim their $J tokens on Jambo’s Galxe Space starting January 22, 2025. Don’t miss the 30-day window to secure your rewards. After claiming, you can trade $J tokens on the KuCoin Spot Market. Buy or sell them to enhance your investment portfolio.   Conclusion Jambo is leading the integration of blockchain with mobile technology, making decentralized finance and Web3 services accessible worldwide. With the JamboPhone 2, strategic partnerships, and the $J token, Jambo is transforming digital landscapes in emerging markets. The $J airdrop offers a valuable opportunity to engage with this innovative ecosystem. Purchase your $J tokens on KuCoin today and join the future of mobile blockchain technology.

  • Animecoin (ANIME): Everything About the Azuki-Linked Ethereum Token and Airdrop

    The anime industry is booming, projected to reach $60 billion by 2030. Amid this growth, the Animecoin Foundation launched ANIME on January 23, 2025, an Ethereum and Arbitrum token linked to the popular Azuki NFT collection. This strategic move aims to engage passionate fans and creators, transforming anime consumption into active participation. On January 23, ANIME debuted with an airdrop, setting the stage for a decentralized anime universe. By holding ANIME tokens, you can engage more deeply with the anime world, contributing to and benefiting from the community-driven initiatives that Animecoin promotes.   Source: KuCoin   What is ANIME? Source: X   ANIME is a "culture coin" trading on Ethereum and the Arbitrum layer-2 network. Created by the Animecoin Foundation, ANIME has a total supply of 10 billion tokens. Over half, 5 billion tokens, are allocated to the Web3 community, led by Azuki, a leading NFT collection and crypto-native intellectual property. Upon launch, 77% of the tokens were available for trading, ensuring immediate liquidity and engagement.    Animecoin (ANIME) serves multiple purposes within the anime community. You can use ANIME tokens to support creators directly, participate in community-driven projects, and engage in decentralized governance through AnimeDAO. Additionally, you can trade Animecoin tokens on cryptocurrency exchanges. For instance, KuCoin offers a spot market where you can buy or sell ANIME tokens.   What is Azuki? Source: MagicEden   On Azuki.com, the team claims they are “building the future of anime” In 2022, Azuki set out to create a decentralized anime brand, where the community can co-create and contribute to the IP and stories we tell, forging a new model of community-driven entertainment. The Azuki community, through its creation of 100 subcommunities, a vast collection of fan and commissioned art, multiple community-led events around the world, and much more, has emphatically shown that it's possible to birth a new IP that originates from web3 in the fast world of anime. From creating the largest decentralized anime IP, to enriching the anime fandom experience with groundbreaking products, Azuki’s mission is to build the future of anime by harnessing the power of community and blockchain technology. You can buy the Azuki NFT on Magic Eden.   ANIME Airdrop Distribution The ANIME airdrop distributes tokens across six categories. The largest share, 37.5%, is reserved for the Azuki community. Owners of Azuki, Azuki Elementals, and Beanz NFTs can claim ANIME tokens based on their Collector’s Status, a points system that rewards long-term and rare asset holders. Additional allocations go to holders of related collections like Bobu and Fractionalized Golden Skateboard, as well as participants in Azuki’s Gacha Grab game. Unclaimed tokens from this group move to the Community Cultivation basket.   Animecoin Foundation, Tokenomics and Team Allocation Source: X   The Animecoin Foundation receives 24.44% of ANIME tokens to fund ecosystem growth. This includes grant programs, launch operations, and initiatives bridging Animecoin with the broader anime industry. The foundation's allocation of 2.444 billion tokens is fully unlocked at launch. The Azuki team, advisors, and contributors are allocated 15.62%, totaling 1.562 billion ANIME tokens. These tokens have a one-year lockup and vest over three years, ensuring long-term commitment. The current market cap of ANIME is $429M.    Total Supply: 10 billion ANIME tokens Community Allocation: 50.5% Azuki NFT Community: 37.5% AnimeDAO Projects: 13% Animecoin Foundation: 24.44% Grants and operational expenses Azuki Team: 15.62% Employees, contractors, and advisors Azuki Company: 7.44% Partner Communities: 2% Includes Hyperliquid stakers and Arbitrum participants Community Cultivation Another 13% or 1.3 billion ANIME tokens are set aside for community cultivation. Holders of ANIME and participants in the AnimeDAO will manage these tokens to fund community initiatives. This allocation may increase if tokens from the Azuki ecosystem remain unclaimed, fostering ongoing community growth and engagement.   Partner Communities: KaitoAI Source: X   A final 2% or 200 million ANIME tokens support other Web3 communities. This includes Hyperliquid stakers, Kaito users, Arbitrum communities, and projects aligned with Animecoin’s vision like RENGA and 0n1 Force. A full list of partners is available in the Animecoin FAQ, showcasing the broad support and integration within the crypto ecosystem.   Claiming ANIME Airdrop Source: X   To claim ANIME tokens, visit anime.yz/claim. Eligible users can claim via Arbitrum or Ethereum within 45 days, ending on March 9. Ensure you participate early to secure your share of the 10 billion ANIME tokens.   Trading ANIME Source: X   After claiming, trade ANIME on KuCoin. For the best experience and exclusive deals, buy Animecoin (ANIME) on KuCoin. KuCoin offers a secure and user-friendly platform to invest in ANIME, taking advantage of its rapid growth and strong community support. You can also buy ANIME tokens here.   Read more: Best Memecoins to Know in 2025   Conclusion Animecoin’s ANIME token bridges the gap between anime enthusiasts and the crypto world. By leveraging Ethereum and Arbitrum, ANIME fosters a decentralized anime universe where fans actively contribute and benefit. With strategic allocations, robust community support, and seamless trading options on KuCoin, ANIME is poised to revolutionize the anime industry. Join the movement and buy Animecoin (ANIME) on KuCoin today to be part of the future of anime.

  • What Is JioCoin by Reliance Jio and How to Earn It on JioSphere?

    JioCoin, the latest blockchain-based reward token introduced by Reliance Jio in collaboration with Polygon Labs, is making waves in India’s digital ecosystem. Built on Polygon, an Ethereum Layer 2 solution, JioCoin isn’t your typical cryptocurrency like Bitcoin or Ethereum. Instead, it functions as a utility token designed to reward Jio users for engaging with Jio’s expansive suite of digital services. Here's everything you need to know about JioCoin, how to earn it, and its potential uses.   What Is JioCoin? JioCoin is a reward token leveraging blockchain technology to integrate Jio’s services into the Web3 space. Unlike traditional cryptocurrencies, JioCoin:   Is non-tradable: You can’t buy, sell, or trade it on cryptocurrency exchanges. Holds no intrinsic market value: Its utility is tied to Jio’s ecosystem. Is infinitely available: Built using Ethereum Layer 2, the token’s supply is controlled by Jio for seamless scalability. By introducing JioCoin, Reliance Jio aims to boost user engagement across its ecosystem while educating millions of users about blockchain technology. How to Earn JioCoin on JioSphere Earning JioCoins is straightforward and revolves around using JioSphere, Jio’s official browser platform. Here’s how you can start earning JioCoins:   Download the JioSphere App: JioSphere is available on Android, iOS, Windows, Mac, Android TV, and other platforms. Install it from your device's app store. Sign Up for the JioCoins Program Open the JioSphere app and go to the profile section. Register with your Indian mobile number and complete the OTP verification process. Once registered, a Web3 wallet will be created automatically to store your JioCoins. Engage with JioSphere: Start earning JioCoins by performing everyday activities on the JioSphere app: Browsing the internet. Watching videos or consuming personalized content. Playing games. Adding shortcuts to the home screen. Using the built-in VPN and ad blocker. Customizing settings and completing tasks within the app. Potential Use Cases: What Can JioCoins Be Used for?  While specific redemption details are yet to be revealed, JioCoins are expected to be redeemable across various Jio services in the near future. Speculated use cases include:   Mobile Recharges and Broadband Payments: Use JioCoins to offset costs for Jio’s telecom and internet plans. Shopping on JioMart: Redeem JioCoins for groceries and essentials. OTT Subscriptions: Unlock premium content on JioCinema and JioSaavn. Exclusive Discounts: Avail discounts on Reliance services and products. Jio’s Blockchain Partnership with Polygon Labs JioCoin is powered by Polygon’s Ethereum Layer 2 technology, which ensures efficient, scalable, and secure transactions. This collaboration is a strategic move by Reliance Jio to onboard over 400 million users into the Web3 ecosystem.   Polygon’s founder, Sandeep Nailwal, highlighted the importance of this partnership, calling it a milestone for blockchain adoption in India. The integration of Polygon’s technology ensures that users can access blockchain benefits without complexity, paving the way for broader adoption of Web3.   Why JioCoin Is a Web3 Game Changer JioCoin represents a shift in how blockchain technology is being utilized. By focusing on real-world utility, Jio is demonstrating how blockchain can enhance user engagement and loyalty. With its massive user base, Jio has the potential to set a precedent for corporate-backed blockchain initiatives in India.   Regulatory Considerations JioCoin’s introduction comes amid India’s cautious regulatory environment for cryptocurrencies. By designing JioCoin as a non-tradable utility token, Jio avoids the speculative risks associated with traditional cryptocurrencies while adhering to local regulations. This strategy aligns with the Indian government’s emphasis on fostering practical blockchain applications over speculative trading.   Conclusion JioCoin is more than just a digital token—it’s an introduction to the possibilities of blockchain technology within a controlled ecosystem. By rewarding users for everyday activities on the JioSphere browser, Reliance Jio aims to encourage widespread participation in the Web3 space. However, like any new initiative, the long-term value and utility of JioCoin will depend on its adoption and successful integration into Jio's ecosystem.   If you’re a Jio user, consider downloading the JioSphere app to explore and earn JioCoins. While its applications appear promising, it’s important to remain mindful of the uncertainties surrounding emerging technologies and their regulatory landscape. Always evaluate how such programs align with your digital engagement and personal preferences.   Read more: All You Need to Know About Jambo (J) and Web3 JamboPhone

  • All About the Silencio Beta Airdrop and How to Maximize Your $SLC Rewards

    The Silencio Network has announced an exciting update for its Beta Airdrop event, increasing the allocation from 5% to 7.5% of the total $SLC token supply. This move by the BlockSound Foundation reflects Silencio’s commitment to rewarding its growing community of active participants. Let’s break down the details, eligibility criteria, and how you can claim your share of $SLC tokens.   Quick Take The Silencio Beta Airdrop will distribute 7.5 billion $SLC tokens out of the total 100 billion supply. Eligible participants include league-ranked users, Diamond Hands contributors, and Lucky Silencians. The snapshot for eligibility will occur on January 22, 2025, at 2 PM GMT, and the claim period opens post-TGE. A newly expanded Diamond Hands Bonus pool ensures broader rewards for the community’s top contributors. What Is Silencio Network?  Silencio Network is a decentralized platform designed to combat noise pollution by collecting and analyzing global noise data. Through gamified user engagement, Silencio incentivizes participants to contribute measurements, complete quests, and engage with its ecosystem, all while earning $SLC tokens.   Learn more about the Silencio airdrop in our comprehensive guide.  Key Dates for the Silencio Beta Airdrop Snapshot Date: January 22, 2025, at 2 PM GMT. Token Generation Event (TGE): Scheduled for Q1 2025. Claim Period: Opens after the TGE and lasts 30 days. Ensure you claim your tokens promptly, as unclaimed rewards will revert to the community allocation.   $SLC Airdrop Allocation Breakdown Source: Silencio Network blog   Leagues (3.15B $SLC): Participants are ranked into 10 leagues based on their engagement. Higher-ranked leagues, such as Diamond and Ruby, receive a larger share of tokens. Diamond Hands Bonus (4B $SLC): Expanded to reward more contributors, this bonus incentivizes long-term engagement and loyalty. Lucky Silencian Bonus (0.35B $SLC): 100 lucky users with at least 1,000 in-app coins qualify for a random bonus. How to Maximize Your Rewards During the Silencio Airdrop Source: Silencio Network blog   Climb League Rankings: Engage with the app daily by completing quests, contributing noise measurements, and staying active. Utilize Referral Programs: Earn a 20% bonus in in-app coins for every friend you invite who actively participates. Maintain Streak Multipliers: Keep up consistent engagement to increase your streak multiplier, which can stack up to 250%. Explore New Hexagons: Be the first to measure unexplored areas for additional rewards. Complete Daily Quests: These tasks are an easy way to earn extra in-app coins and boost your league standing. How to Claim Your $SLC Tokens Download the Silencio App: Available on the App Store and Google Play. Check Eligibility: Visit your profile in the app to view your league, streak multiplier, and estimated airdrop share. Claim Tokens: Follow in-app prompts after the TGE to secure your $SLC allocation. Ensure you have sufficient in-app coins to cover potential penalties for streak resets if applicable. Stake for Bonuses: Post-TGE, stake your $SLC tokens to unlock additional rewards and exclusive perks. After the airdrop, you can also trade SLC tokens on the KuCoin Spot Market or HODL them as a long-term investment in your crypto portfolio.    Silencio’s Future Plans After the SLC Airdrop With the Beta Airdrop marking a significant milestone, Silencio has ambitious plans to further expand its ecosystem:   Monthly Raffles: Additional rewards through “Deep in Luck” raffles, offering millions of $SLC tokens. In-App Staking: Boost your contributions and rewards with staking mechanisms. Community Growth: Strengthened referral incentives and new user-focused initiatives. Closing Thoughts  The expanded 7.5% Beta Airdrop underscores Silencio’s dedication to its community and mission of noise intelligence. By staying active and leveraging the platform’s features, you can maximize your $SLC rewards and contribute to the growth of this innovative ecosystem.    However, it is important to remember that cryptocurrency investments and rewards carry risks, including market volatility and potential scams. Exercise caution, verify all information, and ensure you’re using official Silencio platforms. Download the app today and secure your share of the $SLC tokens before the TGE.   Read more: Jupiter Launches “Jupuary” Airdrop and Here’s How to Claim Your $JUP Tokens

  • Jupiter’s $616M Solana Airdrop: The 2025 JUP Token Guide

    Jupiter revolutionized the decentralized finance (DeFi) landscape with its $616M airdrop of the JUP token on January 22, 2025 on the Solana blockchain. This historic event is part of Jupiter’s annual Jupuary celebration. The program fosters community engagement and drives project growth through 2026, following a governance vote in December. This guide provides a detailed overview of Jupiter, the JUP token, its tokenomics, and everything you need to know about the airdrop and how you still have 3 months to claim it.    Source: jupuary.jup.ag   Key Takeaways Jupiter (JUP) launched a $616M airdrop, distributing 700M JUP tokens to 2M eligible wallets. JUP tokenomics include a total supply of 10B, staking rewards, and deflationary mechanisms to enhance value. Jupuary, Jupiter’s annual airdrop event, fosters community engagement and governance through the Jupiter DAO. What Is Jupiter (JUP)? Source: KuCoin   Jupiter is a leading DeFi protocol on the Solana blockchain. It serves as a liquidity aggregator, facilitating efficient token swaps and offering perpetual futures trading, where you can buy and swap trending memecoins like $TRUMP and $MELANIA. With a total supply of 10 billion JUP tokens, Jupiter competes with Ethereum counterparts like 1inch for liquidity aggregation and GMX for perpetual futures. As of November 2024, Jupiter boasts a total value locked (TVL) of $2.5 billion and recorded $93 billion in spot trading volume, positioning itself alongside DeFi giants such as Uniswap and 1inch.   Read more: What Is Jupiter DEX Aggregator on Solana and How to Use it?   JUP Tokenomics Source: Jupiter   The JUP token is central to Jupiter’s ecosystem. It functions as the native governance token, allowing holders to participate in decision-making within the Jupiter DAO. The tokenomics are designed to incentivize active participation and long-term holding. Jupiter’s tokenomics are designed to support its ecosystem, incentivize participation, and ensure long-term sustainability. Here is a detailed breakdown of the JUP tokenomics:   Total Supply: 10 billion JUP Circulating Supply: 1.68 billion JUP Market Cap: $1.48 billion Current Price: $0.88 (up 33% since initial rollout in January 2024) JUP Token Allocation Team Allocation: 20% of the total supply is allocated to the Jupiter team, similar to Uniswap’s UNI token distribution. This allocation includes a 2-year vesting period to ensure long-term commitment. Community and Airdrops: Jupuary 2025 Airdrop: 700 million JUP tokens will be distributed to 2 million eligible wallets, valued at $616 million. This airdrop targets active users and stakers, rewarding engagement and participation. First Airdrop (January 2024): 1 billion JUP tokens were distributed to over 1 million wallets, helping to establish a strong community foundation. Liquidity Pools and Strategic Reserves: 50% of the total supply is allocated to liquidity pools and strategic reserves, ensuring ample liquidity for trading and future growth initiatives. Staking Rewards: 75 million JUP tokens are designated for stakers, with additional bonuses for those who consistently participate in governance votes. Active Staking Rewards (ASR) distribute tokens quarterly based on the amount staked and governance participation. Partnerships and Ecosystem Growth: 10% of the total supply is reserved for partnerships and ecosystem development, fostering collaborations and expanding Jupiter’s reach within the DeFi space. What is Jupiter’s Role in DeFi? Jupiter began as a liquidity aggregator similar to 1inch on Ethereum, optimizing token swaps for users. It has since expanded to include GMX-style perpetual futures and launched a memecoin trading app called APE. These additions have solidified Jupiter’s position in the DeFi sector, attracting a diverse user base and increasing its TVL and trading volumes. Jupiter ranks among the largest DeFi protocols, making it a key player in the crypto ecosystem.   Jupiter Dropped $616M Worth of JUP in Solana Airdrop Source: X   Jupiter distributed 700 million JUP tokens in its latest Jupuary airdrop, valued at $616 million on January 22, 2025. This airdrop targets approximately 2 million eligible wallets across three user categories. The airdrop opened for claims on January 22, 2025, at 10:30am ET. Users must create a Jupiter profile using an email address and claim their tokens individually if they hold multiple eligible wallets. Jupiter advises users to be cautious of potential Solana network congestion and high gas fees during the airdrop process. Eligible wallets have up to three months to claim their tokens, ensuring there is no rush to participate.   Read more: Jupiter Launches “Jupuary” Airdrop and Here’s How to Claim Your $JUP Tokens   What Is Jupuary, Jupiter’s Airdrop? Source: jupuary.jup.ag   Jupuary is Jupiter’s annual airdrop event designed to reward its community and incentivize participation in the Jupiter ecosystem. The first Jupuary occurred in January 2024, distributing 1 billion JUP tokens to over 1 million wallets. Jupuaries are scheduled every January, with confirmed events for 2025 and 2026. These airdrops aim to grow the community and enhance the governance of the Jupiter DAO. The Jupuary 2025 is distributing 700 million JUP tokens and will distribute these funds to 2M qualified wallets, reinforcing Jupiter’s commitment to its users and the broader DeFi community.   Source: X   $JUP Airdrop Criteria Considerations Source: X   Jupiter’s airdrop process emphasizes transparency and fairness. Key considerations include:   Volume: Trading volume across Jupiter’s products in the past year will be aggregated, filtering out bot transactions and junk volume. Anti-Sybil Mechanisms: Efforts to identify and exclude sybil users include analyzing on-chain activities, fee-paying behaviors, and implementing a profile submission system. Potential KYC requirements may be introduced, with privacy as a top concern. Eligibility Categories: Users: Active users of Jupiter’s products based on trading volume. Stakers and Voters: Users who stake JUP and participate in governance votes. Good Cats: Users who contribute positively to the Jupiter community through engagement and support. These criteria ensure that the airdrop rewards genuine and active participants, fostering a strong and engaged community.   JUP Community Governance Jupiter’s governance model is driven by its decentralized autonomous organization (DAO). The Jupiter DAO enables community-driven decisions, ensuring that token holders influence the platform’s future. Governance proposals are discussed openly, and key decisions like the Jupuary airdrop are made through community votes. This approach fosters transparency and aligns the platform’s growth with the interests of its users.   Jupiter Governance and Community Engagement Jupiter’s governance structure emphasizes active participation through Active Staking Rewards (ASR). ASR distributes JUP tokens quarterly to stakers based on their stake and participation in governance votes. This system encourages users to remain engaged and contribute to the platform’s decision-making processes. The Jupiter DAO has successfully implemented various proposals, including supply reduction and airdrop allocation adjustments, reflecting strong community involvement.   Tokenomics Enhancements Jupiter’s tokenomics include several key enhancements to ensure the sustainability and growth of the JUP token:   Supply Reduction: A proposal to reduce the maximum token supply from 10 billion to 7 billion was approved, decreasing Jupiter’s fully diluted valuation by $3 billion at current prices. This deflationary measure aims to enhance token scarcity and value. Staking Incentives: Active stakers receive quarterly rewards based on their staked amount and governance participation, promoting long-term holding and engagement. Token Burns: Future proposals include burning a portion of tokens to reduce supply and support price appreciation. These tokenomics strategies are designed to build trust and ensure the long-term viability of the JUP token.    Future Events: Catstanbul 2025 Jupiter will host its first conference event, Catstanbul, in Istanbul, Türkiye on January 25, 2025. The event will unveil major product updates, future roadmaps, and partnerships. A significant highlight will be the live burn of 30% of JUP’s token supply, aligning with the supply reduction proposal. Catstanbul aims to strengthen community bonds and showcase Jupiter’s commitment to sustainable growth. Additionally, 500 participants will receive up to $2,000 in travel subsidies, promoting broad community participation.   Buy JUP on KuCoin Secure your JUP tokens by buying and swapping them on KuCoin. KuCoin offers a reliable platform with high liquidity, ensuring smooth and efficient transactions for Jupiter’s JUP token. Benefit from competitive trading fees and a user-friendly interface that makes managing your investments easy. KuCoin prioritizes security with advanced measures to protect your assets, giving you peace of mind as you participate in Jupiter’s growth. Join millions of users who trust KuCoin for their cryptocurrency needs and take advantage of the Jupuary airdrop by acquiring and swapping JUP today. Conclusion Jupiter’s $616M Solana airdrop marked a pivotal moment for the platform and its community. With robust tokenomics, active governance, and strategic partnerships, Jupiter is well-positioned to enhance its standing in the DeFi landscape. The Jupuary 2025 airdrop not only rewards existing users but also attracts new participants, driving further adoption and growth. As Jupiter continues to innovate and expand its offerings, the future looks promising for the JUP token and its ecosystem. Investors and community members should stay informed and engaged to fully benefit from Jupiter’s evolving DeFi solutions.

  • Jupiter Launches “Jupuary” Airdrop and Here’s How to Claim Your $JUP Tokens

    The highly anticipated Jupiter Jupuary Airdrop 2025 is here, marking the next big step in rewarding the platform’s vibrant community. Following its successful inaugural airdrop in 2024, Jupiter, a leading decentralized exchange (DEX) aggregator within the Solana ecosystem, has unveiled its second airdrop, nicknamed "Jupuary." Here's all you need to know about the Jupiter airdrop’s eligibility, rewards, and how to claim your share of $JUP tokens.   Quick Take The Jupiter Airdrop 2025 is set to distribute 700 million JUP tokens, worth approximately $545 million. This initiative runs from January 18 to April 18, 2025, on the Solana blockchain. Eligible participants include users actively engaging with Jupiter’s Swap and Perpetuals products, stakers who held and staked JUP tokens or participated in DAO governance, and "Carrots," who are contributors, community members upholding platform values, or those retaining prior allocations. To claim your rewards, connect your Solana-compatible wallet to the official Jupuary Airdrop Checker. Verify your eligibility and follow the prompts to claim your tokens. What Is Jupiter DEX on Solana? Jupiter is a decentralized finance (DeFi) protocol built on Solana, specializing in aggregating liquidity across decentralized exchanges. By integrating liquidity from multiple platforms, Jupiter ensures efficient token swaps with low slippage, competitive pricing, and seamless trading experiences.   Core Features of Jupiter Liquidity Aggregation: Enables optimal routing for token swaps. Perpetual Futures: GMX-style perpetual trading for advanced users. Memecoin Trading: A dedicated app for trading trending memecoins. Governance: Powered by the $JUP token, allowing the community to influence platform decisions. Read more: Top Solana DEXs to Watch Key Dates for the Jupuary Airdrop 2025 Source: X   Here are the important dates to keep in mind for the Jupuary Airdrop 2025:   Eligibility Snapshot: The eligibility period for the airdrop covered activities from November 3, 2023, to November 2, 2024. Only interactions within this timeframe were considered for airdrop qualification. Airdrop Checker Launch: The official Jupuary Airdrop Checker went live on January 15, 2025, allowing participants to verify their eligibility and allocation. Claim Period Start: Eligible wallets can begin claiming their JUP tokens starting January 18, 2025, at 10:30 AM EST. Claim Period End: Participants have until April 18, 2025, to claim their JUP tokens. After this date, any unclaimed tokens will be reallocated or reserved for future initiatives. Appeals Window: If your wallet was flagged as ineligible or Sybil, you can submit an appeal starting January 27, 2025. Mark these dates to ensure you don’t miss out on your airdrop rewards, and remember to act promptly to avoid congestion during peak claim periods.   Learn more about the Jupiter Jupuary airdrop here.    Who Is Eligible for the Jupiter Airdrop? Jupiter has categorized eligible participants into three main groups:   Jupiter DEX Users Swap Users: Traders who utilized Jupiter’s token swap service, either directly or via API integrations with Solana wallets like Phantom. Expert Traders: Advanced users engaging with Jupiter’s perpetual futures and memecoin trading platforms. JUP Stakers Super Voters: Active participants in DAO governance. Super Stakers: JUP holders who consistently staked their tokens. Carrots Community members who retained or increased their JUP holdings. Contributors to the Jupiter ecosystem. Users wrongly flagged as ineligible, following appeal resolutions. Read more: Top Meme Pump Platforms to Launch and Trade Memecoins   How to Claim Your $JUP Tokens After Jupuary Airdrop Eligible participants can claim their rewards between January 18, 2025, and April 18, 2025. Follow these steps:   Visit the Airdrop Page: Go to Jupuary Airdrop Checker. Double-check the URL to avoid phishing scams. Connect Your Wallet: Use a Solana-compatible wallet like Phantom, Solflare, or Sollet. Authorize the connection securely. Verify Eligibility: The system will confirm if you qualify based on your activity (e.g., trading volume, staking participation). Claim Tokens: Approve the transaction to claim your $JUP allocation. Ensure you have enough SOL to cover transaction fees. Check Your Wallet: Confirm receipt of $JUP tokens in your wallet. Refresh or re-sync if tokens don’t appear immediately. Once you’ve claimed your JUP tokens, you can trade them on the KuCoin Spot and Futures Market for various trading pairs. Additionally, you can use KuCoin Earn to generate passive income on your JUP holdings with attractive APRs, maximizing the value of your airdrop rewards.   Stay Safe During Airdrop Season As with any airdrop, exercise caution:   Only interact with official Jupiter links. Avoid sharing private keys or wallet credentials. Be wary of phishing scams and imitation accounts on social platforms like Telegram and Discord. What’s Next for Jupiter? Jupiter has ambitious plans to continue expanding its ecosystem. Key initiatives include:   Protocol Upgrades: Enhancements to liquidity aggregation and perpetual futures. Community Growth: Further airdrop campaigns to reward active users. Institutional Partnerships: Collaborations to bring more real-world assets on-chain. Decentralization: Strengthening DAO governance with tiered token distribution models. Closing Thoughts The Jupuary Airdrop 2025 highlights Jupiter’s dedication to building a decentralized, user-focused ecosystem. By rewarding active participants and stakers, Jupiter aims to strengthen its community and drive innovation within the DeFi space. For detailed information and updates, visit the official Jupiter website or follow their verified social media channels.   This airdrop presents a valuable opportunity to engage with the future of decentralized finance and become a part of Jupiter’s growth story. However, participants should remain mindful of potential risks, including market volatility and phishing scams. Always verify information from trusted sources and exercise caution when interacting with blockchain platforms.   Read more: Plume Airdrop Season 1: Eligibility, Rewards, and How to Claim Your $PLUME Tokens

  • DuckChain ($DUCK) Rebrands as Telegram AI Chain to Reflect New Vision

    Introduction On January 14, 2025, DuckChain announced a major rebrand. DuckChain officially upgraded its brand to Telegram AI Chain, aiming to promote the global popularity of cryptocurrency through the combination of AI and Telegram. It now goes by Telegram AI Chain. Leveraging Telegram's massive user base of over a billion, DuckChain aims to democratize cryptocurrency access through its EVM-compatible infrastructure built on Arbitrum.The goal is to blend AI and Telegram to boost global crypto adoption.$DUCK was listed on exchanges, including KuCoin, on January 16, allowing users to engage in crypto-to-crypto trading with pairs such as DUCK/USDT.   Source: KuCoin   What is DuckChain (DUCK) Crypto? DuckChain is a blockchain platform designed to integrate seamlessly with Telegram, aiming to bring its vast user base into the world of cryptocurrency. It serves as a consumer layer on The Open Network (TON), utilizing Ethereum Virtual Machine (EVM) compatibility to connect with both Ethereum and Bitcoin ecosystems. The platform simplifies blockchain interactions by allowing you to use Telegram Stars for gas fees, eliminating the need for external tokens. This integration enables activities like staking, asset transfers, and decentralized application (dApp) usage directly within the Telegram environment.   DuckChain's native token, DUCK, powers various applications within its ecosystem, including staking, governance, and decentralized finance (DeFi) protocols. The platform emphasizes scalability, low transaction fees, and high-speed transactions, making it accessible and efficient for users. By leveraging AI-driven infrastructure and EVM solutions, DuckChain aims to make blockchain technology as accessible as sending a message on Telegram, turning abstract blockchain concepts into tangible, user-focused solutions.    Learn more about the DuckChain airdrop in our comprehensive guide.   Source: https://duckchain.io/   How Does DuckChain Work? DuckChain operates as a blockchain platform integrated with Telegram, aiming to simplify your entry into the crypto world. It leverages Arbitrum Orbit technology to ensure high-speed and low-cost transactions. You can perform blockchain activities directly within Telegram, such as transferring assets, staking, and using dApps. This integration removes the need for separate wallets or complex procedures. DuckChain uses AI agents to enhance user experience. These agents guide you through blockchain processes, making interactions more intuitive and user-friendly. The platform employs a unified gas system, allowing you to pay transaction fees using Telegram Stars. This feature eliminates the need to acquire external tokens for fees, streamlining your experience. DuckChain's architecture ensures secure and efficient cross-chain interactions, connecting with networks like Ethereum and Bitcoin. This interoperability broadens the range of services and applications you can access. History of DuckChain and $DUCK Coin DuckChain launched its testnet in 2024, achieving over 29 million transactions and surpassing 2 million daily active users. Subsequently, it transitioned to its mainnet, becoming the first non-Ethereum Orbit Consumer Layer. Within the first week, it recorded over 7.6 million active wallets and surpassed 38 million transactions.    What is Telegram AI Chain? Telegram AI Chain formerly known as DuckChain is a non-Ethereum Layer 2 Orbit Chain. It enhances the TON blockchain with Arbitrum scalability. The platform aims to be the largest AI chain and a top EVM chain within the Telegram ecosystem. With over a billion Telegram users, the chain makes it easier for people to enter Web3. It combines Telegram’s friendly interface with AI tools to simplify blockchain adoption.   How to buy DuckChain (DUCK)? Buying DUCK on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. Read How to Buy DuckChain (DUCK) for more information.   Fueling the DuckChain Ecosystem Through Partnerships DuckChain partners with top AI projects such as FLock.io, Phala, Mind Network, Sahara, MyShell, Allora and Virtuals Protocol. It leverages these collaborations to advance intelligent agents, privacy protection and decentralized cloud computing. This approach simplifies the path for Telegram users to enter Web3.   Telegram AI Chain partners with leading AI projects. FLock.io creates the first AI Agent Launchpad for Telegram users. Phala Network provides decentralized cloud computing and TEE technology. Mind Network implements Fully Homomorphic Encryption for privacy and governance. Sahara connects more than 20M users to the ecosystem with large-scale AI. MyShell offers AI-powered meme tools to build community. Allora drives machine learning and DeFi innovations. Virtuals Protocol brings AI agent management and tokenization to the platform. These alliances strengthen the chain and set it apart in blockchain and AI sectors.   AI Agents: Web3 Guides for $DUCK Holders In Q1 2025, Telegram AI Chain will launch personalized AI agents for $DUCK holders.These agents will provide:   • Blockchain education• Financial insights tailored to individual needs• Easy access to decentralized applications   These AI-driven tools will redefine how users interact with blockchain and further DuckChain’s goal of mass adoption. These agents will guide users through blockchain education. They will deliver financial insights tailored to individual goals. They also simplify access to decentralized apps. This feature brings AI directly to users and makes Web3 interaction smooth and intuitive.   The Power of AI in Web3 Integrating AI with blockchain removes complexity. AI tools on Telegram AI Chain help users navigate decentralized technology. They improve smart contract execution, data privacy, and asset management. The AI-driven approach promises smarter decisions in DeFi and other sectors. It opens new possibilities for innovation in the blockchain space.   Enhancing Security and Privacy Security is a top priority. Telegram AI Chain uses Trusted Execution Environments and Fully Homomorphic Encryption. These technologies protect user data and assets even on decentralized platforms. The chain sets a high standard for privacy and security while keeping transparency intact.   Tokenomics and $DUCK The $DUCK token fuels transactions, governance, and interactions on Telegram AI Chain. It enables staking, voting, and access to exclusive features. As the platform grows, $DUCK will play a central role. Now is a great time to buy $DUCK on KuCoin. Early adopters can benefit from potential price increases and participate actively in the ecosystem.   DuckChain's native token, $DUCK, has a total supply of 10 billion tokens. DuckChain’s token allocation is as follows:    Community & Ecosystem: 77% of tokens are dedicated to fostering community engagement and ecosystem development. Team and Contributors: 23% of tokens are reserved for the team and contributors, ensuring ongoing innovation and project growth.   What Is DUCK Token Used for? DuckChain's native token, $DUCK, serves multiple purposes within its ecosystem:1. Governance: Holding $DUCK allows you to participate in decision-making processes, influencing the platform's future developments.2. Staking DUCK Tokens on DuckChain: You can stake $DUCK to help secure the network and, in return, earn rewards, promoting ecosystem stability and engagement.3. Facilitate Unified Gas System on DuckChain: $DUCK helps streamline payments with a unified gas system, simplifying transactions within the platform.4. Ecosystem Currency: $DUCK powers liquidity, payments, and participation across decentralized applications (dApps) within DuckChain.  DUCK Token Hits on Major Exchanges on Jan.16 after it Airdrop  On January 16, 2025, DuckChain's native token, $DUCK, commenced trading on major cryptocurrency exchanges, including KuCoin. This milestone followed a strategic airdrop campaign aimed at rewarding early adopters and active participants within the DuckChain ecosystem. The airdrop allocation was determined based on user engagement in activities such as staking, bridging, and interactions with the DuckChain MiniApp up to January 7, 2025, as per the sources.   Learn more:  DuckChain Airdrop Season 1 - Eligibility, Tokenomics, and How to Claim Your $DUCK Tokens   Conclusion The rebrand to Telegram AI Chain marks a bold move into combining AI with blockchain. Strategic partnerships, personalized AI agents, robust security, and clear tokenomics define this future-oriented platform. The listing on the major centralized exchanges has significantly enhanced $DUCK's accessibility and liquidity, marking a pivotal step in DuckChain's mission to integrate Ethereum Virtual Machine (EVM) capabilities within The Open Network (TON) ecosystem.