The number of large transactions in TON has increased significantly.

CryptoQuant researcher Joao Wedson spoke about the network performance of the TON cryptocurrency. This means that there has been a recent surge in large transactions. According to him, transfers exceeding the volume of $1 million have become much more private and advanced.

Experts said that after the rise in popularity of Toncoin and the rapid growth in the value of TON in 2024, there was an increase in transaction volumes in US dollars (USD), as evidenced by the latest graphs. He noted that this scenario indicates growing interest on the part of large holders and an increase in the activity of the global network among participants.

The expert noted that the number of large transactions has increased, and this most likely also contributed to the jump in Toncoin prices. “As a result, TON has become a reliable high-tier with high throughput and gradual increase in resolution,” the analyst gave his verdict.
 

RIP Kabosu: the Shiba Inu who inspired Dogecoin and meme culture.

Kabosu, the Shiba Inu who inspired the "Doge" meme and Dogecoin, died peacefully on May 24 at the age of 18. Her owner, Atsuko Sato, announced the news on her blog, expressing gratitude for the love and support she has received over the years. The farewell party for Kabosu, also known as "Kabo-chan", will be held on May 26th at Flower Kaori in Narita City.
 

Memcoin PEPE entered the top 20 crypto assets by market capitalization.

Memcoin PepeCoin (PEPE) entered the top 20 crypto assets by market capitalization, as evidenced by data from the CoinMarketCap platform.

On May 15, 2024, the price of PepeСoin updated its all-time maximum (ATH) at $0.00001161. After this, the asset faced a minor correction, but by May 20 its value began to rise again.

On the same day, the PepeСoin rate overcame the mentioned ATH and over the past week has shown significant strengthening. According to available statistics, over the past seven days the crypto asset has shown an increase of 81.4%, according to TradingView.

The current ATH of memcoin is at $0.00001725. The market capitalization of the asset reached $7.05 billion.

 

Donald Trump's cryptocurrency portfolio has exceeded $10 million.

The cryptocurrency portfolio of former US President and Republican Party leader Donald Trump has exceeded $10 million. The increase in portfolio value was mainly driven by an increase in the price of the MAGA memcoin (TRUMP).

According to ArkhamIntel, Trump's holdings in TRUMP are worth $7.3 million, representing the majority of his cryptocurrency investments. In addition, Trump owns more than 463 Ethereum (ETH), which is now valued at $1.8 million. However, Trump does not have any public holdings in Bitcoin. (BTC).

The price of TRUMP, a political memecoin powered by Solana, has risen more than 60% in the past seven days and is now $12.40.

 

Crypto exchange Mt. Gox moved $9.6 billion worth of Bitcoin for the first time in five years.

On May 28, 2024, from the wallet of the Mt. cryptocurrency exchange that collapsed in 2014. Gox transferred 141,658 BTC, totaling more than $9.6 billion, according to Whale Alert.

According to the analytical service, a number of large transactions related to the company Mt. have been recorded on the Bitcoin network. Gox. Over the past few hours, 3,999 BTC, 8,239 BTC, 14,057 BTC, 16,589 BTC, 32,137 BTC, 32,499 BTC and 34,138 BTC were transferred from the crypto exchange wallet to the new address.

Information about transactions from the Mt. Gox was confirmed by Arkham Intelligence. According to the platform, bitcoins continue to be withdrawn from the company’s wallet. On account of Mt. Gox still holds 137,892 BTC worth a total of $9.3 billion.

 

Notcoin introduced the function of completing tasks to earn money.

Last week, a significant event occurred in the cryptocurrency market. Notcoin has launched a new feature called “completing tasks to earn money,” allowing users to earn passive rewards in the form of NOT tokens by completing various tasks. This innovation resulted in a significant increase in the value of the NOT token and a noticeable jump in market performance.

With the activation of the task function, the cost of NOT tokens increased by 50%. NOT is currently trading at $0.009820, reflecting a 52% increase from the previous day and a 76.3% increase from the previous week. NOT's market value has reached approximately $1 billion, placing it among the top 100 assets by market value. Additionally, NOT's trading volume rose to $1.4 billion in the last 24 hours, representing a 327% increase from the previous day.

Notcoin offers a unique "social click" game based on Telegram, allowing users to earn NOT tokens, the in-game currency, by clicking on a gold token displayed on their screens. Players can earn additional rewards by completing tasks and using various "supports".

Since its launch, the game has gained significant popularity, thanks in part to the recent NOT token airdrop held on The Open Network (TON). This airdrop allowed players to receive NOT tokens based on the in-game tokens they collected. This became one of the largest gaming token launches of 2024.

 

PayPal will launch its stablecoin PYUSD on the Solana blockchain.

In a press release, the company announced the expansion of its stablecoin support network. This solution will make transactions with PYUSD faster and cheaper.

The Solana network is known for its high speed and comparatively low transaction costs. Moreover, users will have more options regarding which blockchain to use for this stablecoin. This is the first time PYUSD has gone outside the Ethereum (ETH) network.

Although Solana (SOL) has faced disruptions in recent years, its performance cannot be ignored. The network processes up to 65,000 transactions per second, and the cost of these transactions is only $0.0025. These figures are significantly higher than Ethereum - 15 transactions per second and fees that can reach $50 if the network is congested.

 

Trump was found guilty of forgery. The TRUMP token reacted with a drawdown.

On May 30, 2024, a New York jury found entrepreneur and US presidential candidate Donald Trump guilty of falsifying business records. This was reported by NBC News with reference to court documents.

The jury reached a verdict in the case after more than nine hours of deliberation. Thus, Trump became the first US president to be convicted of a criminal offense.

Donald Trump's final verdict will come on July 11, 2024, four days before the Republican National Convention. The accused faces a penalty ranging from a fine to four years in prison.