- The Litepaper by Stocktwits
- Posts
- Altcoins Look Close To Death Or Primed To Pump 💀
Altcoins Look Close To Death Or Primed To Pump 💀
Altcoins are either dying or priming
Jonathan Morgan
March 13, 2025
OVERVIEW
Altcoins Look Close To Death Or Primed To Pump 💀
Source: Giphy
Before we dive in, here’s today’s crypto market heatmap:
Source: Santiment
And here’s a look at crypto’s total market and altcoin market cap charts:
Source: TradingView
NEWS IN THREE SENTENCES
Crypto News 📰
🔐 Ledger Adds Alchemy Pay Integration for Instant Crypto Buys and Sells
Ledger teamed up with Alchemy Pay ($ACH.X ( ▼ 0.37% )) to add quick and easy fiat-to-crypto purchases to the Ledger Live wallet app, streamlining crypto transactions across 173+ countries and 50+ fiat currencies. Users can now instantly buy crypto using methods like Visa ($V ( ▼ 5.0% )) , Mastercard ($MA ( ▼ 4.62% )) , or bank transfers, eliminating tedious onboarding. In other words, your hardware wallet just got a usability upgrade worthy of 2025. Alchemy Pay.
⛽ Avalanche’s "Octane" Upgrade Promises Cheaper Fees, Validators Now In Charge
Avalanche ($AVAX.X ( ▼ 2.3% )) is rolling out the "Octane" upgrade, designed to significantly lower gas fees on its C-Chain and dynamically adjust gas limits based on validator preferences. This upgrade addresses longstanding spikes in fees caused by Avalanche's previous static gas model, which often struggled during network surges. Validators now have direct input, adjusting gas targets to suit network conditions, ensuring smoother, cheaper, and more predictable transactions. Avalanche.
❄️ Cardano Proves It Can Freeze Your Tokens, For Your Own Good
Cardano ($ADA.X ( ▼ 1.86% )) proudly demonstrated their freeze-and-seize programmable token capability, just to remind everyone they can shut you down if you're naughty—or if regulators ask nicely. They built a prototype stablecoin called WST that can seize assets from accounts, advertising it as essential for compliance, great news if you're a regulator, slightly terrifying if you're North Korea. IOHK.
NEWS
Pardon Me? CZ Denies Trump Deal, Questions WSJ Motives 🧑⚖️
The Wall Street Journal kicked up a storm with its report that Trump’s family was sniffing around for a stake in Binance’s U.S. arm. It also claimed that Binance founder Changpeng “CZ” Zhao - fresh off a big settlement and brief prison stint - was angling for a presidential pardon. 😲
Cue the frenzy.
On paper, the Trump orbit plus Binance sounds like the ultimate reality show. The deal was supposedly linked to Trump’s fledgling DeFi project, World Liberty Financial. But CZ poured cold water on everything, insisting there was no handshake with anyone named Trump and no hush-hush pardon negotiations.
CZ Responds 📱
CZ took to social media, saying the WSJ’s story was, well, news to him. He shot down any notion of a pardon hustle or an investment arrangement.
Source: CZ’s X.
If you take CZ at his word, a Trump-Binance alliance is one conspiracy that never made it off the drawing board. ✏️