On July 18, Tether—yes, the same company that keeps getting side-eyed by regulators—announced it helped Brazilian cops dismantle a cyber fraud operation codenamed Operation Magna Fraus (Latin for “Big Scam,” because subtlety is dead).
Alas, for the uninitiated or the thrifty-minded, one might find themselves presented with the unfortunate reality that the price of many a fine altcoin has inflated to rather dizzying heights. Nevertheless, fear not! For within the vast and bewildering landscape of cryptocurrencies, certain charming figures, such as the commendable Best Wallet Token ($BEST) and the unabashedly amusing Snorter Token ($SNORT), remain delightfully affordable even amidst this financial frenzy. 😏
The meme coin market, that delightful corner of the cryptoverse where dreams are made and fortunes are lost, has seen an 8.4% increase in the last 24 hours. The collective value now stands at a staggering $85 billion, and it seems that our three heroes are leading the charge.
Now, I know what you’re thinkin’, “Mark, what in tarnation is goin’ on here?” Fear not, dear reader, for I’ve got the lowdown. It seems we’re lookin’ at a potential short-term cooldown, but don’t you go thinkin’ the rally’s over just yet! 🙅♂️
LD Capital Founder Jack Yi believes UNI has the potential to reach new heights, following in the footsteps of Bitcoin and Ethereum’s bullish rally. The asset holds the third-largest spot in the company’s balance sheet.
The listing comes as the token battles heavy sell pressure, dropping 6% in the last 24 hours and down over 56% from its all-time high (ATH). But fear not, dear reader, for the interest in this token remains significant! 🤑
One particularly audacious observer, known by the moniker Darkfost on CryptoQuant, has posited that our dear Bitcoin is poised for further ascension. With a flourish, he wields the Short-Term Holder (STH) Market Value to Realized Value (MVRV) indicator as his talisman, proclaiming it as cryptographic evidence of impending fortune.
But seriously, the price trend is being fueled by some solid technical setups and fundamental catalysts. The market cap is up to $11.92 billion, and trading volume is skyrocketing by 126.07%. It’s like a crypto party, and HBAR is the guest of honor! 🎉
ERA is the native utility token of Caldera, a platform that lets developers launch them fancy Layer 2 rollups on Ethereum and BNB Chain. It’s like a big ol’ toolbox, and ERA is the wrench that keeps everything runnin’ smoothly. It powers gas fees, validator staking, and on-chain governance, so it’s kinda like the unsung hero of the whole operation.
Ripple [XRP] was racing higher. The $3 psychological resistance level was being challenged by the bulls on Wednesday, the 16th of July. AMBCrypto reported that a move higher appeared likely, especially if the price managed to clear the $3.1 mark.