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5 09, 2025

DeFi Development Corp. Stakes Big Bet on Solana’s Future with $427M Boost

By |2025-09-05T16:17:45+03:00September 5, 2025|News, NFT News|0 Comments


DeFi Development Corp., a publicly traded company with a treasury strategy focused on Solana (SOL), has significantly increased its Solana holdings, surpassing 2 million SOL. The company announced the acquisition of 196,141 SOL at an average price of $202.76 per token, raising its total holdings to 2,027,817 SOL as of September 4, 2025. This purchase represents an 11% increase from the company’s prior acquisition and adds approximately $427 million in value to its Solana treasury. The company’s treasury strategy is designed to accumulate and compound Solana, with the newly acquired tokens to be staked across a range of validators, including those operated by DeFi Development Corp. itself to generate yield.

The company’s Solana per share (SPS) metric currently stands at 0.0793, with an equivalent value of $16.70 per share in USD. As of September 4, the company reported 25,573,702 shares outstanding, excluding pre-paid warrants from a recent equity financing round. When including these warrants, the adjusted share count rises to approximately 31.4 million. The company has indicated that the SPS metric is expected to remain above the pre-financing level of 0.0675, even after accounting for the full impact of the warrants. This suggests a continued upward trend in the SPS as additional capital from the equity financing is deployed into further Solana purchases.

DeFi Development Corp. operates with the objective of providing investors with direct economic exposure to Solana while actively participating in the growth of the Solana ecosystem. Its business model also includes running its own validator infrastructure, which generates staking rewards and fees. In addition to its Solana treasury strategy, the company is engaged in decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer. Beyond its Solana-focused initiatives, the company operates an AI-powered online platform serving the commercial real estate industry by providing data, software subscriptions, and value-added services to professionals in the multifamily and commercial property sectors.

The company’s platform currently serves more than one million web users annually, including property owners, developers, and lenders. These users apply for billions of dollars in debt financing each year, with clients including a wide range of institutions such as banks, credit unions, real estate investment trusts (REITs), debt funds, and commercial mortgage-backed securities (CMBS) lenders. The data and software offerings are primarily subscription-based, operating under a software-as-a-service (SaaS) model.

Solana’s recent price performance has been notable, with the token reaching an intraday high of $210 on September 3, 2025, following a 36% recovery from a low of $155 earlier in the month. Technical indicators suggest that if the price breaks above the $210–$250 resistance range, the token could potentially reach $1,000. Solana’s open interest (OI) in futures markets has also reached a record high of $13.68 billion, signaling strong speculative interest from derivatives traders. This surge in OI aligns with the recent Alpenglow upgrade, which improved Solana’s transaction finality and throughput, potentially enhancing its competitiveness against Ethereum. However, recent onchain metrics have shown a decline in Solana’s transaction count and active addresses over the past 30 days, raising questions about the sustainability of the recent price rebound.

The company’s recent announcement underscores the broader trend of institutional and public market interest in Solana, with DeFi Development Corp. leveraging its Solana treasury strategy to align investor interests with the performance of the Solana ecosystem. As the company continues to accumulate and stake Solana, it remains focused on optimizing its treasury strategy to generate native yield and support the long-term growth of the Solana network. The market will be watching closely to see whether these efforts translate into broader adoption and increased value for investors.

Source: [1] DeFi Development Corp. Acquires 196,141 SOL, Surpasses 2 (https://www.globenewswire.com/news-release/2025/09/04/3144760/0/en/defi-development-corp-acquires-196-141-sol-surpasses-2-million-in-total-sol-treasury-holdings.html) [2] Solana Open Interest Hits $13B All-time High (https://cointelegraph.com/news/solana-charts-1000-sol-price-target-open-interest-all-time-highs)



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5 09, 2025

Investors Flock to $GGs as Web3 Gaming and Streaming Merge

By |2025-09-05T14:16:42+03:00September 5, 2025|News, NFT News|0 Comments


Based Eggman ($GGs), a crypto presale project combining gaming, streaming, and trading, has drawn attention from traders and investors, particularly those engaged with Base network activities such as Aerodrome Finance (AERO). The project is positioned as a multi-faceted Web3 initiative, designed to bridge entertainment with blockchain-based utility. By leveraging the Base network’s infrastructure, Based Eggman offers low-cost transactions and scalable operations, making it an attractive option for those interested in the intersection of gaming and decentralized finance [2].

The $GGs token serves as the backbone of a broader ecosystem that includes on-chain games, live-streaming, and competitive community challenges. Unlike many presale tokens that focus on a single application, Based Eggman integrates several Web3 activities into one platform, aiming to create a cohesive user experience. Gamers can participate in mobile-ready games, earn tokenized rewards, and even monetize their streaming activities through $GGs tips and subscriptions [2].

One of the key features that differentiate Based Eggman from other presale projects is its user-friendly onboarding process. The platform allows participants to join with simple logins and secure wallet creation, reducing the barriers to entry for new users. This social-first approach emphasizes engagement and ease of use, with a particular focus on fostering an active community within the ecosystem. The tokenomics structure also supports long-term activity, with a max supply of 389 million tokens and 60 percent allocated to presale participants [2].

The $GGs presale process is currently open, with users able to connect their Web3 wallets and purchase tokens using supported cryptocurrencies. The process is designed to be straightforward, with clear steps for connecting a wallet, purchasing tokens, and accessing the community. Once transactions are confirmed—typically within 15 to 20 minutes—holders can join the official Telegram community to discuss developments, economics, and gaming strategies [1].

The growing interest in Based Eggman is also reflective of a broader trend in the crypto presale space, where projects are increasingly focusing on cultural engagement and real-world utility. Traders from established liquidity platforms such as AERO have shown a shift toward projects like $GGs, which offer a blend of entertainment and blockchain infrastructure. This movement highlights how crypto presales are evolving beyond mere token launches into fully integrated Web3 ecosystems that combine gaming, streaming, and trading [2].

As the $GGs crypto streaming platform continues its ICO phase, it represents a model of how token presales can integrate entertainment with blockchain-backed economies. For investors tracking top presale opportunities, Based Eggman provides an example of a project that aligns with the future of Web3 by merging culture with utility. The project’s focus on accessibility, scalability, and user engagement positions it as one of the more active presales in 2025 [2].

Source:

[1] Based Eggman | Social-Fi & Gaming on Base Layer-2 | Best … (https://basedeggman.com/)

[2] Aerodrome Finance (AERO) Traders Move to Buy Based … (https://www.digitaljournal.com/pr/news/indnewswire/aerodrome-finance-aero-traders-move-1893484673.html)



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5 09, 2025

DeFi Dev Corp Bets Big on Solana’s Future, Boosts Holdings by 11%

By |2025-09-05T12:15:57+03:00September 5, 2025|News, NFT News|0 Comments


DeFi Development Corp. (Nasdaq: DFDV) has increased its Solana (SOL) treasury holdings by 11%, acquiring 196,141 SOL at an average price of $202.76 per token. This latest purchase brings the company’s total holdings to 2,027,817 SOL, valued at approximately $427 million in USD. The acquisition represents a significant portion of the company’s treasury strategy, which is focused on long-term accumulation and compounding of Solana tokens. The newly acquired tokens will be staked to a variety of validators, including DeFi Dev Corp.’s own validators, to generate yield through staking rewards.

The company’s Solana per share (SPS) metric is now at 0.0793, with an equivalent USD value of $16.70 per share. These figures reflect the impact of the recent acquisition and highlight the growing exposure of the company’s shareholders to Solana’s performance. The company has also noted that its outstanding share count currently stands at 25,573,702. However, the figure does not include the 5.8 million shares from pre-paid warrants that are expected to be issued in the near future. Once fully accounted for, the adjusted share count is projected to reach approximately 31.4 million, which will dilute the SPS metric.

Despite the anticipated share dilution, DeFi Dev Corp. expects to maintain a growing SPS value, with the company projecting that the metric will not fall below 0.0675 even after the full impact of the warrants is realized. This projection is based on current expectations, including the company’s plan to deploy remaining cash proceeds from its recent equity financing into additional Solana purchases. The company emphasized that its treasury strategy is designed to provide long-term value to shareholders by aligning their interests with the performance of Solana and the broader DeFi ecosystem.

The acquisition comes at a time when Solana is experiencing strong technical indicators and growing speculative interest. As of the latest market data, Solana’s open interest (OI) in futures markets has reached a record high of $13.68 billion, signaling heightened speculative activity among derivatives traders. This increase in OI often precedes significant price movements and suggests strong bullish sentiment in the market. Analysts have pointed to the possibility of Solana reaching a price of $1,000 if it can break through key resistance levels on the price chart, particularly the $210-$250 range. The recent approval of the Alpenglow upgrade, which reduced transaction finality on the Solana network to 150 milliseconds and increased throughput to 107,540 transactions per second, has further bolstered investor confidence.

However, while technical indicators and market sentiment are bullish, on-chain activity in the Solana ecosystem has shown signs of weakening. Over the past 30 days, Solana’s transaction volume has dropped by 99%, and the number of active addresses has fallen by 22%. Decentralized exchange (DEX) activity has also declined, with weekly DEX volumes falling by 65% to $10.673 billion. These figures suggest that while speculative interest in Solana is high, actual network usage and participation remain inconsistent with the recent price gains. This divergence between price and on-chain activity may present a potential headwind for further price appreciation.

DeFi Development Corp. continues to position itself as a leader in the Solana ecosystem by operating its own validator infrastructure and actively participating in DeFi opportunities. The company’s dual focus on long-term Solana accumulation and active validator operations is intended to generate yield through staking rewards while also supporting the broader growth of the Solana network. As the company continues to expand its Solana holdings and stake them for yield, it is reinforcing its role as a strategic player in the DeFi space and strengthening its alignment with the long-term success of the Solana ecosystem.

Source: [1] DeFi Development Corp. Acquires 196141 SOL, Surpasses 2 Million in Total SOL Treasury Holdings (https://www.globenewswire.com/news-release/2025/09/04/3144760/0/en/defi-development-corp-acquires-196-141-sol-surpasses-2-million-in-total-sol-treasury-holdings.html) [2] Solana Open Interest Hits $13B All-Time High (https://cointelegraph.com/news/solana-charts-1000-sol-price-target-open-interest-all-time-highs) [3] Ethereum and Solana Show Diverging Paths While BlockDAG Approaches $400M Raised (https://www.digitaljournal.com/pr/news/binary-news-network/ethereum-solana-show-diverging-paths-162339796.html)



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5 09, 2025

Bithumb Is Listing a New Altcoin Today

By |2025-09-05T10:14:31+03:00September 5, 2025|News, NFT News|0 Comments


South Korea’s second-largest cryptocurrency exchange, Bithumb, announced today that it will be listing Euler (EUL) on its spot trading platform. 

The announcement comes as the Euler network continues to gain traction in the decentralized finance (DeFi) space, attracting attention from major exchanges and achieving record levels of total value locked (TVL).

Bithumb Listing Triggers Double-Digit Rally For EUL 

Euler is a decentralized finance (DeFi) protocol on the Ethereum (ETH) network that lets users lend, borrow, and trade crypto assets. Its governance token, EUL, is used for voting and ecosystem incentives.

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According to the announcement on Bithumb’s official website, EUL will be available to trade against the Korean Won (KRW). The exchange notified its users that trading will begin at 5:00 PM Korean Standard Time (KST).

The exchange confirmed that EUL will be supported only on the Ethereum network. The reference price for the listing has been set at 12,930 KRW. 

“In compliance with the Travel Rule, deposits and withdrawals are supported only through virtual asset service providers (VASPs) exchanges supported by Bithumb. If assets are deposited through an exchange not included in the list of supported external exchanges, the deposit will not be processed, and it may take a long time to return the unprocessed deposit,” Bithumb added.

Euler’s listing adds another altcoin option for South Korean investors at a time when domestic exchanges are competing to diversify their offerings. Meanwhile, as observed with many altcoins, EUL also saw a price jump after the announcement.

Market data showed the price surged nearly 44% from $9.6 to $13.8. As of press time, it has stabilized at $12.7, reflecting a 31.55% gain. 

Euler (EUL) Price Performance. Source: TradingView

The price pump also positioned EUL as the top gainer among the top 300 cryptocurrencies on CoinGecko. Furthermore, the trading volume rose 251% to $8.5 million. HTX accounted for the majority of this activity.

The listing is another milestone for EUL and came nearly a month after the leading US-based exchange, Coinbase, also added trading support for the altcoin.

Besides the price, the network itself has seen substantial growth. Data from DefiLama revealed that Euler’s TVL reached a new all-time high (ATH) of $1.52 billion today. This represents a nearly 15-fold increase since the beginning of 2025.

Bithumb Is Listing a New Altcoin Today
EUL Total Value Locked. Source: DefiLama

Financial metrics further highlight Euler’s momentum. Token Terminal data indicated that the protocol’s revenue and fees have grown over 500%in 2025, reflecting strong user adoption. With strong network growth, rising financial metrics, and increasing exchange support, EUL continues to attract attention as one of the more dynamic altcoins in 2025.



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5 09, 2025

Whale Accumulation Defies Market Downtrend, Signals DeFi Confidence

By |2025-09-05T08:12:53+03:00September 5, 2025|News, NFT News|0 Comments


Significant movements in the Maker (MKR) token market have drawn attention as two large whale addresses accumulated a total of 22,753 MKR through the FalconX platform. According to monitoring by on-chain analytics firm Lookonchain, wallet 0xb2c7 received 14,000 MKR, valued at approximately $24.25 million, in a transaction that occurred just six hours prior to the latest report. Separately, wallet 0xc23…4D649 added to its holdings by withdrawing 2,979 MKR valued at $5.22 million from FalconX. This wallet has been gradually building its position over the past two months, accumulating a total of 8,753 MKR at an average price of $1,948 per token. The total value of the MKR holdings for this address is now over $10.34 million, though the position shows an unrealized loss of $1.421 million due to a decline in the token’s market price below the average entry level [1][2].

The continued accumulation by these whale addresses suggests a strategic long-term approach to MKR, despite the current negative unrealized gains. Analysts, including on-chain watcher @ai_9684xtpa, have noted that such movements often serve as indicators of potential market shifts. In this instance, the repeated purchases by the same address after a month-long pause reflect a level of confidence in Maker’s underlying fundamentals and its role in the decentralized finance (DeFi) ecosystem. The address has shown persistence in acquiring MKR despite market fluctuations, indicating a belief in the token’s potential for a future rebound [2][3].

On-chain activity has also sparked increased trading volumes on key pairs such as MKR/USDT and MKR/ETH. Historical price action suggests that whale accumulation is often followed by price corrections or rebounds within a few weeks. For example, similar patterns in the past have seen price surges of 15-20% following large whale purchases. Traders are closely watching key resistance levels near $2,000 and support levels around $1,800, as these areas could determine the next phase of MKR’s price movement. The current unrealized loss also highlights the risks associated with holding positions in volatile assets, with analysts recommending the use of stop-loss orders below recent lows around $1,700 [2][3].

The broader market environment has also played a role in the recent MKR movements. The token’s performance is closely tied to Ethereum’s ecosystem, and any developments in Ethereum’s upgrades or regulatory environment could influence MKR’s trajectory. Furthermore, the increased interest in DeFi protocols like MakerDAO suggests that institutional investors are beginning to view the space with renewed optimism. This is reflected in the growing inflow of capital into DeFi-related assets and the increasing adoption of stablecoin integrations. The current market activity aligns with broader trends in the crypto space, where institutional-grade strategies are increasingly being applied to altcoins with strong on-chain fundamentals [2][4].

From a trading strategy perspective, on-chain data and price trends suggest that the accumulation activity by these large holders could serve as a bullish catalyst in the short to medium term. Volume-weighted average price (VWAP) indicators, particularly during Asian trading hours when these transactions are observed, could provide useful insights into potential price inflection points. Traders are advised to monitor real-time on-chain metrics and integrate them with traditional technical analysis tools to optimize entry and exit points. While the floating losses indicate current pressure, the long-term accumulation strategy points to a belief in MKR’s long-term value proposition, especially within the evolving DeFi landscape [2][3].

Source:

[1] Two whale addresses hoarded 22753 MKR through FalconX (https://www.chaincatcher.com/en/article/2203493)

[2] MKR Whale 0xc23…4D649 withdraws … (https://blockchain.news/flashnews/mkr-whale-0xc23-4d649-withdraws-2-979-mkr-from-falconx-with-10-34m-position-and-1-42m-unrealized-loss)

[3] An address increased its MKR holdings again after a … (https://www.bitget.com/news/detail/12560604949558)

[4] A certain whale has increased its holdings by 2979 MKR … (https://www.chaincatcher.com/en/article/2203135)



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5 09, 2025

Arbitrum Bets $40M on Liquidity Loops

By |2025-09-05T06:12:22+03:00September 5, 2025|News, NFT News|0 Comments


Arbitrum has launched the DeFi Renaissance Incentive Program (DRIP), a $40 million initiative designed to stimulate leveraged looping and boost liquidity in its decentralized finance (DeFi) ecosystem. The program, managed by Entropy Advisors and powered by Merkl, spans four seasons, each focusing on a different DeFi vertical. Season One, titled “Loop Smarter on Arbitrum,” began on September 3, 2025, and is set to conclude on January 20, 2026. It allocates up to 24 million ARB tokens (valued at $12 million at the current exchange rate) to incentivize users to engage in leveraged looping strategies on Arbitrum One’s lending markets. This represents a 30% portion of the total 80 million ARB allocated across the entire program.

Under DRIP, users can earn rewards by borrowing against yield-bearing ETH and stable assets on participating lending platforms. For instance, a participant might deposit syrupUSDC and borrow USDC, which is then swapped for more syrupUSDC, repeating the cycle to maximize ARB rewards. The program’s performance-based model ensures that rewards are distributed proportionally to the time-weighted average borrow amounts. Each epoch, lasting two weeks, concludes with a reward distribution based on the total ETH or USDC borrowed during that period. In select markets, rewards are also provided for supplying ETH or USDC, encouraging both liquidity provision and active borrowing.

The phased rollout of Season One includes a discovery phase, where only 15% of the budget is allocated over the first two epochs. This is followed by a performance-based phase, where incentives are dynamically allocated to markets that demonstrate greater efficiency and innovation. By the third phase, the majority of the season’s budget will be deployed. This structure aims to optimize liquidity distribution and encourage competition among lending platforms while minimizing initial risks for participants.

Arbitrum’s DRIP program follows a broader strategy to enhance its position as the leading Ethereum Layer 2 blockchain for DeFi. The initiative is part of a series of efforts by the ArbitrumDAO to address the challenges posed by rival platforms like Coinbase’s Base, which currently holds $6.8 billion in DeFi investor funds compared to Arbitrum’s $4.5 billion. Despite these pressures, Arbitrum remains the largest Layer 2 by total blockchain funds, according to L2Beat, due to the inclusion of natively minted and externally bridged assets. The DRIP program, alongside the recently launched $14 million Arbitrum Audit Program, is intended to strengthen Arbitrum’s security, liquidity, and overall appeal to developers and users.

While the incentives are significant, the program carries inherent risks. Leveraged strategies such as looping expose users to potential liquidation if asset prices or interest rates fluctuate, and ARB rewards do not offset any financial losses incurred. Additionally, the increased supply of ARB tokens—already down 80% from its 2024 peak—could exacerbate inflationary pressures and further depress token value. This creates a strategic gamble for Arbitrum: while the program may generate sticky liquidity and recurring revenue, it also risks undermining token price stability.

The DRIP program is governed by the ArbitrumDAO and managed by Entropy Advisors, with no direct control from the Arbitrum Foundation or Merkl over program parameters or asset allocations. This community-driven approach aligns with the broader DeFi ethos of decentralization and user empowerment. By rewarding specific, high-impact DeFi activities rather than general participation, DRIP aims to drive targeted growth in Arbitrum’s ecosystem. As the program progresses, ongoing performance data and adjustments to future epoch allocations will be available through the DRIP dashboard, providing transparency and adaptability in response to market dynamics.

Source:

[1] Introducing DRIP: The DeFi Renaissance Incentive Program on Arbitrum (https://blog.arbitrum.io/introducing-drip-the-defi-renaissance-incentive-program-on-arbitrum/)

[2] Arbitrum floats $40m token incentive reward for DeFi users (https://finance.yahoo.com/news/arbitrum-floats-40m-token-incentive-164131830.html)

[3] Arbitrum’s DRIP program: A major initiative for DeFi growth (https://www.cryptopolitan.com/arbitrum-allocates-40m-defi-growth/)



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5 09, 2025

Arbitrum bets big on DeFi growth with risk-driven reward model

By |2025-09-05T04:10:48+03:00September 5, 2025|News, NFT News|0 Comments


Arbitrum has launched the DeFi Renaissance Incentive Program (DRIP), a $40 million initiative aimed at boosting decentralized finance (DeFi) activity on its network. The program, designed by Entropy and powered by Merkl, is governed by the ArbitrumDAO and spans four seasons, with the first season focusing on incentivizing leveraged looping strategies on lending markets. This season, which began on September 3, 2025, and is scheduled to run until January 20, 2026, allocates up to 24 million ARB tokens. The initiative seeks to drive liquidity and reinforce Arbitrum’s position as a leading blockchain for DeFi applications [1].

The DRIP program is structured around performance-based incentives, rewarding users for borrowing against yield-bearing Ethereum (ETH) and stablecoin assets on participating lending platforms. Users can deposit eligible assets, such as weETH, wstETH, sUSDC, and syrupUSDC, and engage in leveraged looping—repeated borrowing and swapping to maximize borrowing exposure. Rewards are distributed based on the time-weighted average borrow amount, with higher rewards allocated to markets that demonstrate greater performance over each 2-week epoch [1]. This approach aligns user activity with the goal of increasing organic liquidity on Arbitrum.

The program follows a phased rollout, with the initial two epochs serving as a discovery phase to establish baseline data using only 15% of the allocated budget. As the program progresses, the focus shifts to a performance-based model, where markets and projects that contribute more meaningful innovation and liquidity receive a larger share of incentives. The bulk of the budget will be deployed during the performance phase, which aims to drive competition and efficiency among participants [1]. This structure is intended to ensure that incentives are directed toward high-performing protocols while allowing for flexibility in adapting the program based on ongoing results.

Participation in DRIP is open to any user engaging in eligible DeFi activities on Arbitrum, with no sign-up required. To begin, users must bridge their assets to Arbitrum One and select a market via the DRIP website. However, participants are reminded that leveraged strategies carry risks, including potential liquidation due to price volatility or interest rate changes. ARB rewards do not compensate for losses, and users are encouraged to monitor their exposure carefully [1]. This caution is consistent with the broader DeFi risk profile, where smart contract and market risks remain prevalent.

The first season of DRIP has already drawn support from major DeFi protocols, including Aave, Morpho, Fluid, Euler, Dolomite, and Silo. These platforms have expanded onto Arbitrum, citing the program as a catalyst for growth. Morpho, for instance, highlighted that DRIP will facilitate deeper liquidity and improved rates for DeFi Mullet integrations, such as the Earn feature on Gemini Onchain [3]. With Arbitrum already serving as the largest Ethereum layer-2 in terms of TVL and market share, the DRIP initiative is positioned to further cement its dominance by attracting both liquidity and innovation.

By structuring incentives around targeted DeFi use cases, the DRIP program underscores Arbitrum’s commitment to fostering a decentralized and community-driven ecosystem. The initiative reflects a broader trend in DeFi, where user incentives are increasingly being designed to align with specific economic goals rather than general participation. As DRIP unfolds, its success will likely depend on the ability of participants to navigate the balance between risk and reward while contributing to the broader growth of the Arbitrum DeFi landscape [3].

Source:

[1] Introducing DRIP: The DeFi Renaissance Incentive Program (https://blog.arbitrum.io/introducing-drip-the-defi-renaissance-incentive-program-on-arbitrum/)

[2] Arbitrum (ARB) Price Today, News & Live Chart (https://www.forbes.com/digital-assets/assets/arbitrum-arb/)

[3] ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout (https://www.coindesk.com/markets/2025/09/03/arbitrumdao-incentivizes-defi-growth-with-24m-arb-token-rollout)



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5 09, 2025

GGs Unlocks Web3 Gaming and Streaming With Meme-Driven Utility Token

By |2025-09-05T02:09:45+03:00September 5, 2025|News, NFT News|0 Comments


A new crypto presale project, Based Eggman ($GGs), has emerged as a prominent entry in the 2025 presale landscape, combining elements of memecoin culture, Web3 gaming, and social streaming. The project is built on the Base blockchain and is designed to serve as a utility token within an integrated ecosystem that spans gaming, streaming, and on-chain social engagement. Early participation in its stage 1 presale has already attracted significant attention, with $6,278.15 USDT raised and 982,649.9 $GGs tokens sold at $0.006389 each, according to initial data [1].

The token’s utility extends beyond meme-based humor, offering functionality for liquidity, gaming rewards, minting, and smart contract gas fees. In the gaming context, “GGs” is a widely recognized term meaning “Good Games,” reflecting a cultural tie to the token’s purpose in fostering positive engagement and community-building within the ecosystem [1]. Investors and participants can engage in gameplay, stream content for tips, and expand their holdings through presale participation.

The presale is structured to be accessible for both new and experienced investors, with supported Web3 wallets including MetaMask, Trust Wallet, Coinbase Wallet, and others. Users can connect their wallets via Wallet Connect or similar platforms to purchase tokens and monitor their holdings through a dedicated presale dashboard [1]. The team behind Based Eggman emphasizes transparency and community rewards, including airdrops, events, and future staking opportunities as part of a multi-phase roadmap [2].

The project’s roadmap outlines a phased approach to development, beginning with the launch of the presale and website, followed by marketing campaigns and community building events. Subsequent phases include decentralized and centralized exchange listings, strategic partnerships, and the introduction of advanced features like staking and holder rewards [2]. The whitepaper provides further insight into the tokenomics, which allocate a portion of the supply to presale participants, liquidity pools, and community initiatives, ensuring balanced growth and sustained value for early adopters [2].

Based Eggman is also notable for its integration with Ethereum, which serves as the underlying infrastructure for many of its operations. While Ethereum’s recent price movements have seen volatility—dropping below $4,350 in the last 24 hours—its broader influence on decentralized finance and Web3 innovation continues to support the ecosystem in which $GGs operates [1]. For crypto presale investors, the token represents a unique opportunity to engage with an emerging project that blends cultural appeal with functional utility.

The project’s success in attracting early-stage investment and community engagement positions it as one of the top crypto presales to watch in 2025. As the presale progresses through multiple stages, token prices are expected to increase incrementally, providing an incentive for early participation. Investors are encouraged to explore the project’s official website and social media channels for updates and detailed information about future developments [1].

Source:

[1] Ethereum Trader Buys $20000 As Crypto Streaming Token … (https://cryptodaily.co.uk/2025/09/ethereum-trader-buys-20000-as-crypto-streaming-token-opens-stage-1-based-eggman-world-domination)

[2] Based Eggman Presale: Secure Your Tokens Today (https://www.coingabbar.com/en/crypto-ico-details/based-eggman-new-presale-crypto-memecoin-project?srsltid=AfmBOorhQBiHQnbzYDe4NvaihGLb_3i6jlVBrlVv6BBOB0hRfCOpyzDc)



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5 09, 2025

Ondo Finance Bridges Traditional and DeFi Worlds with 24/7 Tokenized Stocks

By |2025-09-05T00:08:45+03:00September 5, 2025|News, NFT News|0 Comments


Ondo Finance has launched a new platform that tokenizes over 100 U.S.-listed stocks and exchange-traded funds (ETFs), marking a significant step forward in the tokenization of traditional securities. The initiative, known as Ondo Global Markets, is currently available only to non-U.S. investors and is built on Ethereum. The company has emphasized that all tokenized assets are fully backed by actual U.S. stocks and ETFs held at U.S.-registered broker-dealers and cash in transit [2].

One of the key features of the Ondo tokenized stock offering is the ability to trade and redeem these assets 24 hours a day, five days a week, which goes beyond the typical trading hours of traditional stock markets. This flexibility is intended to bridge the gap between traditional finance and decentralized finance (DeFi), offering instant access to global liquidity. Non-U.S. retail and institutional investors can now mint or redeem tokenized versions of major equities such as Amazon, Apple, and Microsoft with ease [1].

Ondo Finance has also highlighted its regulatory compliance and infrastructure, which includes the acquisition of Oasis Pro, a firm with existing broker-dealer and transfer agent licenses from U.S. authorities. While the licenses do not currently extend the service to U.S. investors, they provide the legal and operational framework to acquire and manage the underlying assets backing the tokens. The firm has ambitions to expand its tokenized asset offerings beyond Ethereum, with plans to include BNB Chain, Solana, and its own blockchain, Ondo Chain [2].

The launch has attracted attention from major crypto wallet providers, including Trust Wallet, OKX Wallet, MEXC, Morpho, Ledger, and Bitget Wallet. Jamie Elkaleh, Chief Marketing Officer at Bitget, noted that Ondo’s platform addresses key challenges in tokenized securities, such as regulatory compliance, liquidity, and interoperability. By bringing 24/7 trading and a broad range of U.S. assets onchain, Ondo is positioning itself as a major player in the evolving crypto and traditional finance convergence [2].

The Ondo tokenized stock for Amazon (AMZNON) is already available for trading and has drawn interest from investors looking to gain exposure to traditional equities through blockchain. Tokenholders of AMZNON receive economic exposure similar to holding Amazon shares directly, including the ability to reinvest dividends. The token is listed on the Ondo platform and can be accessed via Ethereum block explorers [1].

Ondo Finance’s latest development reflects a growing trend among crypto platforms to tokenize traditional assets, with competitors like Coinbase and Robinhood also exploring similar offerings. The firm’s ability to scale its platform while maintaining regulatory safeguards could influence the future landscape of digital asset markets. As more investors seek hybrid investment options, platforms like Ondo may play a critical role in bridging the gap between traditional and decentralized finance.

Source:

[1] Amazon (Ondo Tokenized Stock) (AMZNON) (https://www.forbes.com/digital-assets/assets/amazon-ondo-tokenized-stock-amznon-2/)

[2] DeFi Protocol Ondo Finance Puts 100 Tokenized Stocks on (https://finance.yahoo.com/news/defi-protocol-ondo-finance-puts-191807701.html)



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4 09, 2025

Pudgy Penguins’ Token Slides 20% Amid NFT Market Chill

By |2025-09-04T22:08:03+03:00September 4, 2025|News, NFT News|0 Comments


The meme coin market continues to evolve as investors seek exposure to projects with strong community engagement and potential for growth. Among the most notable projects, the BullZilla presale model has emerged as a significant draw, offering a progressive token allocation strategy that appeals to early adopters and long-term holders. This week, several meme coins are under the spotlight, with their performance and development trajectories reflecting broader trends in the decentralized finance (DeFi) and NFT ecosystems [1].

One of the most prominent developments in the meme coin space involves the Pudgy Penguins project, which has expanded its digital footprint through the launch of Pudgy Party, a mobile battle royale game. While the game has attracted significant user engagement, with over 50,000 downloads on Google Play and a top 10 ranking on Apple’s App Store, it has also coincided with a decline in the PENGU token. Over the past 30 days, the token has lost more than 20% of its value according to CoinMarketCap [1]. This decline is not isolated, as the broader NFT market has also seen downward trends, with projects such as Bored Ape Yacht Club (BAYC) and Doodles posting double-digit losses during the same period [1].

The Pudgy Penguins project is notable for its integration of physical and digital assets, including trading cards, plush toys, and video games. This hybrid approach has helped the franchise attract a diverse audience, including non-crypto users. However, the recent performance of its native token suggests that the market remains sensitive to macroeconomic factors and investor sentiment. Despite the price drop, the Pudgy Penguins NFT collection continues to hold cultural relevance in the crypto space, demonstrating a degree of resilience compared to other blue-chip NFTs [1].

The gameplay of Pudgy Party is designed to be accessible, with a variety of game modes and character abilities that cater to different play styles. Players can engage in survival modes, racing, and team-based challenges, earning in-game rewards to level up their characters. While the connection to blockchain and NFTs is not immediately apparent, the game allows players to acquire special penguin NFTs that can be traded or sold. These NFTs are managed through a separate website linked to the player’s Pudgy Party account, reflecting the project’s effort to onboard new users who may be unfamiliar with blockchain technology [2].

Despite the token’s decline, Pudgy Penguins remains a significant player in the NFT space, with a market cap that has fluctuated alongside Ethereum (ETH) prices. The NFT market, which reached $9.3 billion at the beginning of August, has since dropped to $7.4 billion as of the latest available data. This decline is closely tied to Ethereum’s price movements, as the network hosts the majority of NFT trading activity. While some NFT collections, like CryptoPunks, have shown relative stability, others have been more volatile, underscoring the challenges facing the market as it matures [1].

Investors looking to capitalize on meme coin opportunities this week should closely monitor projects with robust presale models and clear utility, as these tend to perform more consistently in a fluctuating market. The BullZilla model, in particular, is being watched for its progressive allocation structure, which could influence investor behavior and long-term token value.

Source:

[1] PENGU token loses 20% in August amid Pudgy Party … (https://cointelegraph.com/news/pengu-loses-20-august-pudgy-party-launch)

[2] Pudgy Penguin launched a new “Crypto” Mobile Game that … (https://www.reddit.com/r/CryptoCurrency/comments/1n3s06p/pudgy_penguin_launched_a_new_crypto_mobile_game/)



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