Crypto Crafters

[PRESS RELEASE – Victoria, Seychelles, January 22nd, 2025]

In recent years, the crypto market has evolved from a niche financial space to an integral part of the global financial system. Notably, the launch of tokens representing the personal images of U.S. President Donald Trump and his wife Melania has drawn attention to politically-themed digital currencies. For those interested in trading such assets, BYDFi crypto exchange has emerged as a preferred platform due to its asset protection measures, low fees, and strong reputation.

BYDFi has now launched Perpetual Contract Trading for $TRUMP and $MELANIA tokens, offering spot trading, perpetual contracts, and perpetual copy trading. Traders have the chance to utilize leverage ranging from 1x to 50x, providing opportunities to tailor strategies based on market dynamics. Additionally, BYDFi offers a $8,100 USDT welcome bonus to help new users mitigate initial investment risks and provide more funding for future trades. The platform supports fiat deposits in over 150 countries, allowing users to easily purchase cryptocurrencies via credit or debit cards. For more details, users can visit the BYDFi website or contact customer support.

SEC’s Historic Shift: A New Era of Crypto Regulation and the Rise of Political Memecoins

On January 20, 2025, the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler was followed by the announcement of the creation of a cryptocurrency-focused task force led by Hester Peirce. A steadfast supporter of the crypto community, Hester Peirce made it clear that what the crypto industry needs is clear regulation and transparent rules, not excessive intervention. Against this backdrop, this development helped politically-themed memecoins $TRUMP and $MELANIA gain more visibility in the market.

$TRUMP, the official Memecoin launched just ahead of Donald Trump’s 2025 inauguration, is built on the Solana blockchain. The token not only symbolizes Trump’s supporters but also represents the intersection of politics and cryptocurrency. Within just 48 hours, $TRUMP’s market cap briefly exceeded $10 billion. Though it has since been corrected, it remains one of the top three Memes globally, surpassing $Pepe. Currently priced at 42.205, it has seen a staggering 800% increase from its lowest price (within less than four days). Recently, U.S. asset management firm Rex Shares filed for an ETF based on $TRUMP, highlighting the growing interest from traditional investors in the crypto market.

Meanwhile, Melania Trump also launched her own Memecoin, $MELANIA. This token capitalizes on the influence of the Trump family to attract supporters of the former president, while tapping into the broader trend of political cryptocurrency. The launch of $MELANIA caused a stir in the market, attracting over $2 billion in investments within 24 hours and sending its price soaring to over $10. Built on the Solana blockchain, $MELANIA also contributed to increased transaction volume and attention on the Solana network (current price: $257.45, market cap: $125.3 billion).

The launch of $TRUMP and $MELANIA Memecoins represents not only a commercialization attempt by political figures but also a snapshot of a broader societal phenomenon. The brand effect of Donald Trump and Melania Trump has undoubtedly brought substantial attention and capital inflows to these Memecoins. As the popularity of these tokens rises, so does the spread of fraudulent activities, becoming an increasing risk in the market. Leading up to and following President Trump’s inauguration, counterfeit Trump and Melania tokens, along with fake websites themed around $TRUMP and $MELANIA, flooded the market. Many malicious actors exploited these fake tokens, stealing $4.8 million from 12,641 wallets within just 24 hours.

BYDFi urges users to obtain project information through official channels and to always use secure and reliable trading platforms to ensure the safety of their funds.

BYDFi’s Strict Auditing and Security Assurance

BYDFi always prioritizes the safety of its users’ assets. For every token listed on the platform, BYDFi conducts rigorous audits to ensure that only tokens meeting high security standards are allowed for trading. Unlike some other platforms that have had their funds stolen, BYDFi has never had such an incident and has been providing reliable protection for users’ assets continuously. Specifically, BYDFi has obtained MSB (Money Services Business) licenses in multiple countries and regions and has joined the Korean CODE VASP Alliance. Furthermore, all user assets are stored in offline multi-signature wallets, with each account holding a reserve of at least 1:1, and regular Proof of Reserves (POR) reports are published to provide greater transparency for the platform’s assets.

Michael, the co-founder of BYDFi, stated: “Political Memecoins like $TRUMP and $MELANIA represent a market phenomenon where speculation and risk profit. While they have attracted significant attention from investors, ensuring fund security and mitigating market risks remain critical concerns for every investor. BYDFi boasts a strict risk control system, robust security measures, and advanced infrastructure to safeguard user assets. At BYDFi, users can trade cryptocurrency with confidence, enjoying safe, transparent, and efficient services.”

About MSB Licenses

MSB (Money Services Business) licenses are financial permits granted by local governments to regulate financial markets and protect consumer interests. Companies holding an MSB license can legally conduct a range of money services within the jurisdiction and benefit from government policies and support.

About the CODE VASP Alliance

The CODE VASP Alliance is a coalition of leading cryptocurrency exchanges in South Korea, dedicated to promoting compliance and regulatory adherence within the digital asset space. It advocates for the adoption of the Travel Rule solution CODE to ensure cryptocurrency transactions are transparent and traceable, in line with global AML (Anti-Money Laundering) and CTF (Counter-Terrorist Financing) standards. The alliance seeks to create a safer and more reliable environment for cryptocurrency users.

About BYDFi

Founded in 2020, BYDFi is ranked among Forbes’ top 10 global crypto exchanges and trusted by over 1,000,000 of users worldwide. The platform supports over 600 cryptocurrencies for spot trading and offers perpetual contracts with leverage ranging from 1x to 200x, meeting diverse user needs. Strategic partnerships with leading payment providers like Banxa, Transak, and Mercuryo simplify the crypto purchasing process, ensuring low-cost transactions.

TL;DR

• Shiba Inu (SHIB) might not be in its best shape, but several elements suggest it could witness a renewed bull run in the near future.
• Its latest plunge coincides with the overall market decline following Donald Trump’s inauguration on January 20.

What Might Ignite a Rally?

Shiba Inu (SHIB) experienced a significant pump in mid-January, reaching a local peak of around $0.00002485 (per CoinMarketCap’s data). Since then, though, it has been on a downfall, currently trading at roughly $0.000021. 

Its underperformance coincides with the broader decline of the cryptocurrency market, which occurred shortly after Donald Trump’s inauguration. While some industry participants expected him to mention the digital asset industry in his speech, the Republican did not say a single word on the topic. This might explain why numerous tokens (including SHIB) are in the red today (January 21). 

Nonetheless, some essential factors signal that the popular meme coin could experience a new bull run soon. One of those is the burning mechanism, which aims to reduce SHIB’s circulating supply and potentially make it more valuable through scarcity. Over the past 24 hours, the burn rate has exploded by 500%, resulting in approximately 2.8 million tokes sent to a null address.

Next on the list is the uptrend of TREAT. The Shiba Inu-related coin, which is designed to enhance utility and engagement across the network’s projects and serve as a reward token within the ecosystem, officially saw the light of day on January 14. 

While TREAT has been underperforming in the past week, its price soared by over 50% in the last 24 hours, rising to as high as $0.013. It retraced to the current $0.0082 in the following hours but remains in green territory. 

Being closely connected to Shiba Inu, the potential further advancement of TREAT may positively affect the second-biggest meme coin. 

Third, we will focus on SHIB’s exchange netflow, which has been negative for the past four days. This development signals a shift from centralized exchanges toward self-custody methods, which could be considered bullish since it reduces the immediate selling pressure.

Bonus: DOGE’s Influence

It is worth mentioning that SHIB’s potential short-term rally could also be propelled by Dogecoin’s price performance. 

DOGE is the undisputed leader in the meme coin niche, and its rivals sometimes mimic its price swings. Most recently, its valuation briefly exploded by double digits after the Elon Musk-led Department of Government Efficiency (D.O.G.E.) featured the meme coin’s logo on its official website.

It will be interesting to see whether the asset will thrive under the new US presidency and how it will affect the rest of the memes.

The crypto market is taking a breather after all the excitement surrounding Donald Trump’s inauguration.

Most cryptos that soared leading up to the event are now pulling back.

But even with the broader cooldown, Flockerz is still drawing attention – raising over $11.5 million in presale ahead of its upcoming exchange debut.

Crypto Market Cools Off After Trump Inauguration Rally

The market is cooling off after a wild run leading up to Trump’s inauguration.

Bitcoin, which surged to an all-time high just before the big event, has now fallen to $102,500 as traders take profits.

However, it wasn’t just Bitcoin riding the Trump hype.

The entire crypto market ballooned to a record value of $3.7 trillion, with altcoins like Solana and XRP hitting fresh highs.

Even politics-themed tokens, like the new TRUMP and MELANIA coins, had their moment – racking up billions in market cap.

But now that the inauguration is over, the excitement is beginning to die down.

Analysts see it as a classic “sell-the-news” move, pointing out that Trump’s speech didn’t touch on his much-anticipated crypto plans.

The CoinDesk 20 Index – a widely used benchmark for the market’s performance – has dropped 6% in the past 24 hours.

Altcoins have taken a similar hit – with their total market cap sliding to $1.43 trillion.

Analysts Remain Optimistic on Crypto Despite Market Pullback

Even with the market pulling back, most analysts see this as a breather, not a sign of a major downturn.

The overall outlook for crypto is still strong, especially with Trump’s administration expected to roll out some pro-crypto policies in the coming months.

At the top of the list is the appointment of David Sacks as the new crypto “czar” and the launch of an advisory council to smooth out regulations.

There’s also plenty of buzz around the idea of a U.S. government Bitcoin stockpile.

It could function similarly to the strategic petroleum reserve and bring huge institutional interest.

All eyes are on Trump’s first 100 days in office, and there are expectations that he will issue executive orders making crypto a national priority.

He’s also hinted at potential banking reforms.

If those things happen, it could create the perfect conditions for the crypto market to soar again.

Popular crypto trader MoneyLord thinks that will be the case – speculating that the next market pump will be “bigger” than the pre-inauguration one.

Flockerz Presale Enters Final Day as Market Prepares for Vote-to-Earn Coin’s Launch

While larger cryptos are selling off, smaller projects – especially those with strong features – could be in a great position to thrive under Trump’s crypto-friendly administration.

Historically, major government changes have led to altcoin seasons, with retail investors piling into projects with big upside potential.

That’s where Flockerz comes in.

This new meme coin project is closing out its presale with enormous momentum, having raised over $11.5 million.

Investors have just one day left to secure FLOCK at the presale price of $0.0066883.

Flockerz’s Vote-to-Earn model fits right into the market’s growing focus on utility and community-driven governance.

In the Flocktopia DAO, token holders can earn rewards by participating in governance decisions.

There’s no other system quite like it.

Flockerz has already built a solid online presence, with more than 31,000 people followers on Twitter before its official launch.

Even big-name YouTubers, including ClayBro and NASS CRYPTO, have talked about Flockerz recently.

They believe the FLOCK token could rally post-listing due to all the pent-up demand.

ClayBro even said it’s the “next major meme coin” to keep an eye on.

So, despite the crypto market’s jitters, it seems Flockerz’s presale is pushing forward.

It could be an exciting few days ahead for early FLOCK holders.

Visit Flockerz Presale

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Donald Trump’s highly anticipated inauguration ceremony officially took place, and he is now the 47th US president.

Despite the numerous reports ahead of time about potentially including crypto in his speech, Trump failed to mention it even once, which triggered a massive crash for the entire market.

Just as the inauguration began, BTC’s price tumbled by over five grand, going from more than $107,000 to under $102,000 in minutes.

However, it managed to recover some ground and spiked to $105,000 during the speech. However, once that concluded and it became evident that Trump will not mention the digital asset industry at all, BTC and the rest of the market headed south immediately.

BTC’s nosedive took it south to $100,500 (for now). Many altcoins bled even more heavily, including Trump’s official meme coin. The recently launched asset is down by over 20% in the past hour alone and now struggles to remain above $40. Recall that it peaked above $70 earlier today but has faced a lot of competition and criticism following the launch of Melania Trump’s alternative.

Other massive losers include SPX, FARTCOIN, HBAR, WIF, LINK, AAVE, WLD, TIA, BONK, and more, as all of them have dropped by more than 6% in the last hour.

The total crypto market cap went from a daily high of over $3.850 trillion to $3.6 trillion during the crash.

The wrecked positions have shot up to nearly $200 million within that same timeframe. Almost 400,000 traders have been liquidated on a daily scale, according to data from CoinGlass.

[PRESS RELEASE – NICOSIA, Cyprus, January 20th, 2025]

Leading crypto casino BC.GAME has unveiled its latest Monkey King-themed slot game, Wukong, alongside the launch of the “Wukong Gold Legend” event. During the event, players have the potential to earn Wukong Coins by playing the Wukong slot and can explore two opportunities to win: exchanging Wukong Coins for cash rewards or holding them for a chance to share in a 1 BTC prize pool.

Wukong Gold Legend

The Wukong Gold Legend event runs from January 11, 2025, to February 10, 2025. During this period, players can collect exclusive Wukong Coins through the following activities:

• Betting Rewards: For every $1 wagered on the Wukong slot, players will receive 1 Wukong Coin.
• Daily Check-ins: Logging in daily on the event page can yield up to 1,000 Wukong Coins.
• Friend Invites: Both the inviter and the invited friend receive 100 Wukong Coins upon the friend’s completion of KYC verification.

Players unlock greater rewards and opportunities by accumulating Wukong Coins through these activities.

Two Ways to Play with Wukong Coins: Cash Redemption and 1 BTC Prize Pool

Wukong Coins are exclusive event tokens, offering players two distinct opportunities:

Cash Redemption: Players can redeem Wukong Coins for BC.GAME’s native currency, BCD, can be used as cash to wager or exchanged for over 100 cryptocurrencies, including USDT, BTC, and ETH.

Redemption Rates:

• 1,500 Wukong Coins = $50 BCD
• 10,000 Wukong Coins = $350 BCD
• 18,000 Wukong Coins = $700 BCD
• 23,000 Wukong Coins = $900 BCD

Redemption Time: Limits refresh every Monday at 08:00 UTC and redeemed BCD is credited instantly.

Share in a 1 BTC Prize Pool: At the end of the event, the top 500 Wukong Coin holders will share a 1 BTC prize pool:

• The top-ranked player will receive 10% of the pool.
• The remaining prize pool will be distributed proportionally among the other top 499 players, providing rewards to a wide range of participants

Wukong Slot: A Unique Journey to the West

At the heart of the event is BC.GAME’s newly launched Wukong slot. This 6-reel, 5-row slot game debuted on December 24, offering players a chance to experience the legendary Monkey King’s adventure while competing for rewards of up to 10,000x their bet.

The game incorporates iconic elements inspired by Wukong’s mythology, such as the Golden Staff, magical gourds, and divine orbs, recreating the mythical atmosphere. The addition of a sticky symbol feature enhances the gaming experience by locking special symbols during free spins, significantly increasing the chances of unlocking major rewards.

The event is live, offering participants the opportunity to play the Wukong slot, earn Wukong Coins, and compete for a share of 1 BTC and other rewards on BC.GAME.

About BC.GAME

BC.GAME is a leading global crypto gaming platform that offers a wide variety of games and a decentralized service model at its core, earning the trust and love of users worldwide. With innovative technology and a user-centric philosophy, BC.GAME has become a major player in the blockchain entertainment industry. BC.GAME will continue to deliver more innovative products and exclusive rewards to global crypto enthusiasts, injecting limitless possibilities into the gaming experience.

Bitcoin’s $90K support region has demonstrated its strength, sparking a notable bullish surge. The price is now nearing its all-time high of $108K, where a breakout could ignite a short liquidation cascade, potentially pushing the asset into uncharted territory.

Technical Analysis

By Shayan

The Daily Chart

The $90K support zone has proven to be a robust floor, holding the price steady in recent months and showcasing strong buyer confidence. This resurgence of buying interest has driven Bitcoin above the channel’s middle trendline, positioning it close to the ATH at $108K.

That peak level represents a substantial resistance region with concentrated supply and heightened selling pressure. As Bitcoin approaches this critical threshold, short-term volatility is expected due to the ongoing battle between buyers and sellers.

If bullish momentum continues, reclaiming the ATH at $108K could trigger a short liquidation cascade, likely resulting in another surge as market participants rush to cover positions.

The 4-Hour Chart

The lower timeframe highlights the importance of the $90K support, which has consistently halted downward momentum in recent months. This has fueled an impulsive bullish move, driving Bitcoin toward the $108K resistance zone.

This region not only represents Bitcoin’s ATH but also aligns with the ascending channel’s middle boundary, further reinforcing it as a critical juncture. A successful breakout and consolidation above this level could pave the way for a sustained rally toward new highs.

The upcoming price action at the $108K resistance region will be crucial in determining Bitcoin’s next trend, with heightened volatility expected in the short term.

On-chain Analysis

By Shayan

The realized price of UTXO age bands, particularly for the 1-3 month cohort, offers critical insights into short-term holding behavior and broader market sentiment. This metric represents the average acquisition price for recent buyers, acting as a dynamic support or resistance line that reflects market confidence.

When Bitcoin is above this short-term cohort’s realized price, it signals growing bullish momentum. This indicates that new buyers are confident in holding their positions, even at elevated price levels. Conversely, a drop below this threshold suggests a heightened risk of sell-offs, as these participants face unrealized losses.

Recently, the realized price for the 1-3 month UTXO cohort at the $90K region has acted as a crucial support level, pushing the asset up toward its ATH. Bitcoin holding above this level signals a bullish sentiment in the market, with the potential for the price to continue its upward trajectory.

However, if the cryptocurrency breaks below this dynamic support line, market sentiment could shift to a fearful state, increasing the likelihood of a distribution phase.

Within just a day after its launch, Official Trump has become the talk of the town, with its price skyrocketing by triple digits.

The asset has now received backing from two of the largest cryptocurrency exchanges amid its mindblowing rally and spectacular trading volumes.

Binance, Coinbase Join the Pack

It’s not every day that you see the release of a meme coin by a former and upcoming US president. But we do live in wild times, and that’s what happened on Friday evening when the president-elect, who will return to office on January 20, announced the launch of such a token dubbed Official Trump.

Within a day or so, the asset exploded in value and is currently the 23rd-largest, according to CoinGecko, and 21st-biggest on CoinMarketCap. Despite the discrepancies, both platforms agree that its price is well above $43, and its market cap is somewhere around $9 billion, creating numerous success stories in the meantime.

Moreover, the trading volumes went through the roof (over $11 billion within a 24-hour period). This has turned many leading exchanges toward the TRUMP token. Binance and Coinbase were the latest (and among the biggest) to join the craze.

The largest US-based crypto exchange said it had added TRUMP to its roadmap, which typically means that it will be listed for trading soon.

Binance noted that trading for TRUMP will begin on January 19 at 8:30 UTC, and the first pairs will be against the two biggest stablecoins, USDC and USDT. Withdrawals will be available from January 20 at the same time.

Above PEPE

After speculating yesterday whether TRUMP can become the largest meme coin by market cap, the asset, which was in fourth place at that time, has climbed a spot and is now above PEPE.

The frog-based meme token peaked at around $0.000021 yesterday, but when the TRUMP mania went wild, it started to lose value rapidly. It now sits below $0.000018, down by 15% within a day. Its market cap has dropped to $7.5 billion on CG, well below TRUMP’s $9 billion.

Next on Official Trump’s path toward the number one spot is Shiba Inu, which is also down daily. Its market cap stands close to $13 billion, which seems doable given the massive rally that transpired since TRUMP’s launch.

[PRESS RELEASE – San Francisco, California, January 18th, 2025]

AiSweat.Shop (A.S.S.), the pioneering DefAI Agent Launchpad backed by Arbitrum, has discreetly airdropped 70% of its $DEFAI tokens to a select group of communities and supporters. Without prior announcement, this significant token distribution was allocated to AiSweat.Shop communities, Arbitrum DeFi OGs, Open (known as @WebisOPEN on X) early supporters, and the Arbitrum Foundation. Recipients also include members from renowned DeFi platform communities on Arbitrum, such as Aave, GMX, Curve, Compound, Camelot, Pendle, and Wombat.

Backed by Arbitrum and Open

AiSweat.Shop (A.S.S.) is the first-ever DefAI Agent Launchpad, leveraging the power of Arbitrum and Open. It provides users with the tools to deploy autonomous DefAI Agents equipped with decentralized finance (DeFi) abilities and tokenization capabilities. This innovation is part of a broader effort to reimagine DeFi through AI-driven, adaptive, and frictionless financial experiences. Arbitrum recently announced a grant to AiSweat.Shop, further cementing its commitment to advancing the DefAI landscape. Open also revealed that AiSweat.Shop users can now earn $OPEN points through its DefAI Agents like Overlord.bot and Gameboi.ai.

The Vision Behind $DEFAI

The $DEFAI token merges the principles of decentralized finance with the transformative potential of artificial intelligence, creating a seamless DefAI ecosystem. All trading pairs on AiSweat.Shop’s platform and its DefAI Agents will feature $DEFAI pairs, tightening the integration of AI-driven liquidity. The team has hinted at additional utilities for $DEFAI and announced a partnership with Camelot, a leading decentralized exchange (DEX) on Arbitrum. This collaboration aims to enhance liquidity, improve user experiences, and introduce yield mechanisms, with further updates anticipated.

Token Distribution Breakdown

• 55%: A.S.S. Community, Arbitrum DeFi OGs, and Open community.
• 15%: Allocated to the Arbitrum Foundation for ecosystem support.
• 30%: Reserved for future strategic growth and ecosystem expansions.

This distribution strategy aligns with AiSweat.Shop’s goal of fostering a robust, collaborative DefAI ecosystem while introducing cross-platform and cross-agent incentives.

Innovative Tools and Features

One of the standout DefAI Agents on AiSweat.Shop is Gameboi.ai ($GMB), an anti-Sybil airdrop AI. Gameboi.ai revolutionizes the airdrop process by using a human-centric approach that evaluates eligibility based on humor, wit, and on-chain criteria. By countering spammy addresses and low-effort participants, this agent addresses long-standing challenges in traditional DeFi airdrops.

Expanding Partnerships

AiSweat.Shop’s collaboration with Arbitrum and Open reinforces its commitment to innovation:

• Arbitrum: Partnerships with top-tier DeFi platforms like Aave, GMX, Pendle, and Curve ensure robust liquidity and growth opportunities for $DEFAI.
• Open: The Compute Wormhole bridging decentralized compute onto blockchains, delivering scalable and verifiable processibility to DefAI Agents.

RSS3: As a decentralized Data Wormhole, RSS3 delivers structured data across Web1, Web2, and Web3 to DefAI Agents, further augmenting their capabilities.

How to Get Involved

• Stay Connected: Follow AiSweat.Shop on X (@aisweatshop) for updates.
• Launch Tokens: Use Overlord.bot (@overlordbot_ on X) to launch tokens with a simple tweet.
• Earn Airdrops: Interact with Gameboi.ai (@gameboiai on X) by tweeting a joke with your EVM wallet address to receive airdrops.
• Join the Community: Follow Open (@WebisOPEN on X) and participate in Discord, Spaces, and AMAs.
• Engage with Builders: Follow Arbitrum on X and collaborate with community members.
• Contribute to Development: Explore AiSweat.Shop developer documentation and the OpenAgent AI Framework on GitHub.

About AiSweat.Shop

AiSweat.Shop ($DEFAI) is redefining decentralized finance as the leading DefAI Agent Launchpad. Backed by the Arbitrum Foundation, it empowers users to launch autonomous AI Agents with DeFi abilities, revolutionizing traditional front-ends with AI-driven, trust-minimized AgentUI interfaces. With its roots firmly planted on Arbitrum, AiSweat.Shop is spearheading the DefAI revolution and setting the stage for a new era of decentralized finance.

For more information:

GitHub: OpenAgent Framework

Bitcoin’s price ascent continued in the past 24 hours as the asset jumped to $106,000 for the first time this year where it was stopped and pushed south by around three grand.

The altcoins have finally started to retreat after the recent gains, aside from SOL, which has emerged as today’s top gainer.

BTC Stopped at $105K

The highly volatile trading week began with a massive price drop for the largest cryptocurrency that pushed it from $96,000 to a multi-month low of $89,200 (on Bitstamp). After losing so much value within a day, the bulls finally intercepted the asset’s freefall at this point and reversed its trajectory.

Within 24 hours, BTC had regained more than seven grand and stood at around $97,000. The US CPI numbers that were announced on Wednesday brought even more gains, somewhat surprisingly, and bitcoin jumped to $98,500 and then kept climbing toward $100,000.

After a minor rejection there, the cryptocurrency flew past that coveted level. The culmination transpired yesterday when the asset jumped to its highest levels since the all-time high in mid-December of $106,000.

However, it couldn’t continue toward the peak of over $108,000 and started to lose value. As of now, BTC trades at $103,000, which has pushed its market cap to almost $2.050 trillion on CG. Its dominance over the alts is also on the rise, close to 55%.

SOL Defies the Odds

Many altcoins charted notable gains in the past few days but have gone into a retracement mode today. XRP has been at the forefront, coming 1% away from a new all-time high at $3.4. However, it was stopped there and now struggles at $3.1.

Ethereum has dropped below $3,300, BNB is at $700, DOGE is under $0.4, and ADA has lost the $1.1 level. More losses come from AVAX, XLM, SHIB, HBAR, DOT, and others.

In contrast, SOL has soared by 10% and has tapped its highest level since early December of almost $240.

The total crypto market cap has declined slightly since yesterday’s peak, but it is still above $3.7 trillion on CG.

[PRESS RELEASE – Barcelona, Spain, January 17th, 2025]

• As an EU-licensed service provider, Vottun’s latest push for blockchain innovation through a ‘Code-to-Earn’ model is aimed at onboarding the next million developers to Web3
• Backed by Draper, Macclin Capital, and Nebula Ventures among others, Vottun expects to significantly ramp up its developer count from 3,000 to 20,000, with a special focus on attracting talent from emerging economies

Vottun, a multi-chain developer platform, has announced the launch of its tokenized ‘code-to-earn’ platform aimed at empowering the next million Web3 developers to effortlessly build next-generation dApps. By eliminating the need for blockchain expertise and incentivizing innovation, Vottun aims to encourage greater participation globally and create a more level playing ground for developers to create dApps, tokens, and DeFi tools while earning rewards for their work.

As a developer-first platform, Vottun is especially focused on attracting developers from emerging economies, providing them with an accessible and rewarding pathway into the Web3 ecosystem. Developers can select from custom templates designed for blockchain projects, or start from scratch using dynamic APIs, and build dApps with limited to no exposure to development. Additionally, Vottun welcomes crypto enthusiasts without development skills to actively engage and participate in new projects, fostering a vibrant ecosystem of collaboration and creativity. With a thriving community of over 50,000 members actively participating in airdrops, challenges, and other fun and engaging activities, developers can launch their ventures with the support of a passionate and dynamic network. In short, allowing entrepreneurs to focus on creating business value from Web3.

“Growing the Web3 ecosystem requires a solid backbone of developers, whose ideas can be easily transformed into working systems,” said Luis Carbajo, CEO & Co-Founder of Vottun. “By breaking down barriers in Web3 development and incentivising efforts toward product development, we aim to encourage the next million Web2 developers to launch innovative dApps and thus drive greater adoption of blockchain use cases globally.”

Vottun’s multi-chain approach integrates seamlessly with leading blockchain networks and partners, including DEXTools, Fireblocks, Circle, and Certik, ensuring robust support for developers and enterprises. With its comprehensive tech stack for multi-chain interoperability and an EU-licensed service provider, Vottun aims to offer the right infrastructure and support to unlock untapped potential and eventually diversify blockchain development globally. The company presently boasts of a 3,000-strong developer community with a goal of onboarding over 20,000 in the next 12 months, a feat that will see it double the total number of all developers currently active in Web3.

Private LCO on PAID

Vottun is slated to hold its Private LCO from January 21st-22nd on the PAID launchpad, as it prepares for its much anticipated TGE later this quarter. Already a partner to retail users and enterprises globally, Vottun was recently in the news for its collaboration with Arbitrum to advance blockchain scalability and interoperability. The company’s client roster includes some of the world’s top brands, including Nestle, PwC, The World Bank, and Chupa Chups, among others.

Developers and blockchain enthusiasts are invited to explore Vottun’s platform and become part of its growing community at www.vottun.com/.

Investors can find more details about Vottun’s upcoming Private LCO here.

About Vottun

Vottun is a blockchain innovation company focusing on enhancing the Developer Ecosystem by providing developers with everything they need to build, scale, and launch cross-chain dApps. The company’s mission is to support developers transitioning from working in the world of web2 — from those with no prior blockchain programming experience to web3 enthusiasts — by giving them cutting-edge tools to begin building dApps, Tokens, Marketplaces, and DeFi projects, to create valuable new business models, processes and services in web3.