The price of the PUPS meme coin skyrocketed in anticipation of Runes.

Over the past 24 hours, the price of the PUPS meme token of the BRC-20 standard has jumped by 56%. CoinDesk associated this with the excitement around the upcoming launch of the Runes protocol.

Within a week, quotes increased by more than 1000%. The asset rose to third place in the ranking by capitalization in the category of Bitcoin-based tokens with an indicator of $561 million.

According to CryptoSlam, the PUPS NFT collection took the lead in daily trading volume - $12.8 million. Uncategorized Ordinals dropped to second position with $7.9 million, and NodeMonkes came in third with $2.2 million.

 

Notcoin announced the redenomination of balances.

The team of the gaming Web3 project Notcoin announced the denomination of balances by three orders of magnitude “for ease of reading the price of the token.” The conversion affected in-game currency, vouchers, and the general supply of tokens. For example:

token price: $0.0000123 → $0.0123;

voucher for 10 million NOT → 10,000 NOT;

80 trillion in-game coins → 80 billion NOT.

 

STEPN will host the “largest” GMT airdrop of $30 million.

The STEPN team will distribute 100 million FSL bonus points to users, which will be converted into the native token of the M2E project after the completion of the airdrop. Representatives of the company announced this in an interview with The Block.

FSL can be exchanged for GMT through the app's trading platform at a 1:1 ratio. At the time of writing, the asset is trading at around $0.3, which means the distribution volume will be ~$30 million. STEPN noted that FSL points can “increase [users’] chances of receiving exclusive prizes.” According to Mangani, the airdrop comes ahead of a “soon-to-be-announced partnership with one of the most famous sports brands.”

 

The Saga project token increased in price by almost 19,000% after launch.

On April 9, the Saga L1 blockchain team launched the mainnet. The project’s token, which was simultaneously listed on Binance, rose in price by more than 18,700% in less than three hours.

The asset's price reached a maximum of $7.89 from opening at $0.04. Then the quotes stabilized - at the time of writing, SAGA is trading below $6.

Most of the growth occurred in the first 15 minutes of trading, the volume of which during this period reached an abnormal $34.6 million.

 

Fantom co-founder is toying with the idea of creating "more secure" meme coins.

Andre Cronje proposed a plan to issue meme coins on the Fantom network, eliminating risks such as team dumps of tokens and removal of liquidity.

The plan includes allocating tokens for team expenses, marketing, and maintaining a liquidity pool, with a focus on fair distribution and investor safety.

Fantom Foundation co-founder Andre Cronje on Tuesday proposed a plan to issue meme coins fairly and securely online, aiming to avoid the risks associated with buying frivolous tokens.

 

Toncoin updated its maximum and surpassed Cardano in capitalization.

On April 11, quotes for the Toncoin (TON) token exceeded $7.6, recording a new all-time high. Over the past week, the asset has grown by about 50%.

The token took 10th place at the top, ahead of Cardano (ADA) with $20.9 billion. In terms of growth rates since the beginning of the year, the asset has overtaken Bitcoin - 235% versus 130%.

There are some concerns in the community regarding the distribution of TON emissions. According to CoinCarp, more than 60% of coins are owned by the 10 largest holders, and 93% are concentrated among 100 users.

 

Mysten Labs and Playtron Collaborate on SuiPlay0x1 Handheld Gaming Device.

According to Foresight News, Mysten Labs has announced the development of a handheld gaming device, SuiPlay0x1, in collaboration with Playtron. The device is expected to be launched in 2025. The SuiPlay0x1 will not only run games on the Sui platform but also support blockchain games from other networks and PC games from platforms like Steam and Epic Games Store. 

 

Users' Sui assets will be linked to their Playtron accounts, allowing them to access their assets through any such device. In addition, users will be able to use their Sui wallets to pay for traditional games at Playtron stores. This collaboration aims to provide a seamless gaming experience across various platforms while integrating blockchain technology.

 

Coinbase and Google became operators of the EigenLayer network.

The cloud divisions of Coinbase and Google, as well as several other companies, have joined EigenLayer. They became operators after the launch of the main network. Industry analysts said: this indicates that this project has gained worldwide fame.

“Coinbase Cloud is pleased to be among the first operators of our protocol. They are ready to act as a reliable partner for your ETH or LST,” noted EigenLayer. Meanwhile, Google Cloud Product Manager Sam Padilla said his team has been participating in the EigenLayer test network since November 2023 and has now successfully implemented an operator node into the main one.

Google Cloud has previously participated in similar operations. The company has a long history of providing Web3 infrastructure services, such as node hosting and validator operations management, for various blockchains. These include Ethereum, Solana and Aptos.