Hunger Games, Crypto Edition: Barely 3% Survive Pump.fun 🏹

Presented by

OVERVIEW
Hunger Games, Crypto Edition: Barely 3% Survive Pump.fun 🏹 

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

NEWS IN THREE SENTENCES
Crypto News 📰

🇸🇻 Tether Shifts HQ to El Salvador

Tether just bailed on the British Virgin Islands to set up shop where Bitcoin is basically the national mascot. They snagged a license to sling stablecoins in a place that’s been on a Bitcoin bender since 2021. CEO Paolo Ardoino calls it a “natural progression,” which is code for “they actually like us here.” Atlas21.

💰 MicroStrategy’s $243M Bitcoin Shopping Spree

They dropped nearly a quarter-billion at about $95k per BTC, proving that FOMO doesn’t have an off switch. The company now holds a jaw-dropping 450k Bitcoin, close to 2% of all BTC ever mined. Decrypt.

💱 Cardano and Ripple in Talks Over RLUSD Stablecoin

Charles Hoskinson’s telling everyone they’re working with Ripple to drop RLUSD onto Cardano, because they’re not content with just one or two stablecoins. If it happens, Cardano’s DeFi scene might finally stop looking like an empty mall food court. Crypto-Economy.

⚠️ Another Honeypot Tsunami Hits Base

Scammers keep tossing out shady new tokens (NUDE AI, MEGA, SAI—pick your acronym) designed to trap your funds the second you blink. They freeze trading, drain wallets, or block your ability to sell, just so you’ll regret being curious. If you enjoy losing money in 30 seconds flat, by all means, ape in without checking audits or flags. cryptopolitan.

🤷 Sui’s ‘Centralization?’ Founders Say “We Don’t Own 84%”

A critic swears the Sui Foundation is basically run by a handful of people holding most of the tokens, but Sui says that’s not the full story. They promise locked tokens aren’t in the hands of a few puppetmasters, though specifics remain vague. With a modest Nakamoto Coefficient and a chunk of the supply under “Foundation control,” folks are still waiting for real transparency—maybe that’s in another press release. CCN.

💸 MoonPay Pays $175M for Helio—Solana Team Celebrates
MoonPay just scooped up Solana-based Helio, a crypto checkout startup that’s handled over $1.5 billion in transactions. They want to cram Helio’s payment wizardry into their own platform to turbocharge on-chain commerce and maybe justify that $175 million price tag. Big names like Magic Eden and Solana Mobile have used Helio. CryptoNews.

SPONSORED
Free Meme Coins— $50 for Stocktwits Users!

• Sign up on Spot.dog for a Free $50 in $PENGU

• No Catch, No Strings: Trade it, Hold it, or Cash Out.

• Sign up on Spot in Seconds (Seriously, It’s That Easy).

• Don’t Miss Out—This Pudgy Penguin Promo Won’t Last Forever!

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.