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Crypto Chronicles: Days

28.04.2025

By TheNaethPublished 9 months ago 4 min read
Crypto Chronicles: Days
Photo by Kanchanara on Unsplash

1-TRUMP whale regrets sale, pays double to buy back meme coins

They are now selling for a price that is approximately twice as much as their prior pricing. On-chain analyst Ember CN stated that the whale re-entered the market with 5.196 million USDC and paid an average price of $15.39 per TRUMP. This information was obtained from the whale.

In the past, the investor made the choice to sell 630,000 TRUMP tokens at a price of $8.70 apiece. This purchase follows that decision. Due to the fact that this occurred just twenty hours before the announcement of a dinner engagement with former President Trump, the value of the token saw a significant increase.

After the announcement of the dinner plan, he failed to see the tremendous surge that occurred. According to Ember CN, he returned to the market today at a price of $15.39. Due to the unfortunate timing of the investor's original sell, they were unable to realize potential gains of around $3.8 million since they left their investment before to the price surge.

In the announcement on the dinner, it was said that the top 220 holders of TRUMP tokens would be invited to a "Private, Members-Only Club in Washington, D.C. for Dinner" with the former president on May 22. Despite the fact that this has had a favorable influence on the token's value, Democratic politicians have expressed concern about it.

The official TRUMP leaderboard indicates that the individual who now has the most tokens is in possession of more over 1.22 million tokens, while the one who occupies the second-place position has roughly 1.19 million tokens.

While this is going on, other traders have been aggressively reorganizing their portfolios in order to take advantage of the spike in the TRUMP token. One exceptionally successful trader was spotted by the blockchain analytics tool Lookonchain. This trader exchanged all of their Fartcoin holdings, which totaled 1.18 million and were worth around $1.22 million, for 78,671 TRUMP tokens.

2-The creators of World Liberty Financial met with Binance's CZ to talk about expanding cryptocurrency globally.

WLFI made the announcement on April 27 in a post on X. The company said that its founders, Zach Witkoff, Zak Folkman, and Chase Herro, met with CZ in Abu Dhabi to discuss the increasing worldwide use of cryptocurrencies and the next stages for innovation in the cryptocurrency industry.

Within the context of WLFI's continuous plan to break into new markets, the meeting is taking place. The immediate outcomes of the meeting are still unclear since there have been no statements made about direct financing or new coin issuances published in the public domain.

In a separate but related incident, on April 27, the Pakistani news site Profit announced that WLFI has signed a Letter of Intent with the Pakistan Crypto Council in order to encourage the use of blockchain technology, decentralized finance, and stablecoins in Pakistan. In addition, the WLFI team had meetings with prominent figures from Pakistan, such as the Prime Minister and ministries of finance, military, and information.

The purpose of the agreement with the PCC is to provide assistance to Pakistan in the establishment of regulatory sandboxes, the exploration of the tokenization of assets such as real estate, and the further development of its crypto infrastructure. With over 25 million active users and $300 billion in yearly transactions, Pakistan is already one of the marketplaces for cryptocurrencies that is expanding at the quickest rate compared to other countries.

WLFI is also attracting the attention of participants based in institutional settings. When DWF Labs, a renowned market maker and web3 investment business, made the announcement on April 16 that it had bought WLFI governance tokens worth $25 million as part of its goal to expand its operations in the United States, the announcement was made. Plans to promote WLFI's DeFi products, such as the USD1 stablecoin that is backed by U.S. Treasuries and cash equivalents, are included in the agreement.

3-Bitget will sue eight accounts for manipulating $20 million worth of VOXEL tokens.

Jiayin Xie, the head of Asia for the exchange, said in a post on X on April 27 that Bitget will be sending eight legal letters to the people who are accused of fraudulently obtaining more than twenty million dollars from the event. Xie said that the exchange intends to provide airdrops to all of the platform users in order to disperse one hundred percent of any monies that are recovered from the legal processes.

Additionally, he gave the community the assurance that individuals who had already withdrew their monies but had traded VOXEL between the hours of 16:00 and 16:30 on April 20 would not be subject to any consequences. The accounts in question have been brought back online, and there will be no further pursuit of accountability against them.

Furthermore, Xie expressed sorrow for any difficulty that may have been caused and confirmed that a comprehensive report will be made available in the near future in order to provide a more accurate depiction of the situation.

References

https://crypto.news/trump-whale-regrets-sale-pays-double-buy-meme-coins/

https://crypto.news/world-liberty-financial-founders-meet-binances-cz-to-discuss-global-crypto-expansion/

https://crypto.news/bitget-to-take-legal-action-against-eight-accounts-for-20m-voxel-token-manipulation/

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TheNaeth

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Comments (2)

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  • Sera9 months ago

    Well done

  • Rohitha Lanka9 months ago

    Interesting and well written !!!

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