Category: Web3

CZ’s Dog-Inspired Memecoin Hits $400M Market Cap Before Cooling Down

Summary: Binance founder CZ’s pet dog has sparked a memecoin frenzy after he shared a picture online. One of the many “Broccoli” coins launched in response skyrocketed to a $400 million market cap within an hour before settling at $176 million. CZ distanced himself from the hype, warning against quick profits in memecoins.

Crypto traders wasted no time after Binance founder Changpeng “CZ” Zhao posted a picture of his pet dog. As expected, hundreds of memecoins named “Broccoli” surfaced within hours, with one shooting up to a staggering $400 million market cap in just 60 minutes.

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The Broccoli memecoin is currently trading at $0.1768, having reached an all-time high of $0.42 during its first-day trading frenzy. It now carries a market capitalization of $176 million.

Reacting to the overnight hype, CZ took to X to post his position in a since-deleted post, saying he does not promote or endorse any memecoins. He had previously joked that every time he shares a picture of his pet, traders rush to launch related tokens. In a separate post, he cautioned against the lure of quick profits in memecoins.

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For now, multiple Broccoli-themed tokens continue to be traded across decentralized exchanges like pump.fun, with most of them built on Binance’s BNB Chain.

Ethereum Foundation Moves 45,000 ETH to DeFi Instead of Selling

Summary: Breaking abruptly from its previous policy, the Ethereum Foundation (EF) has sent 45,000 ETH to the leading DeFi platforms. Rather than selling it outright, the action is meant to support the DeFi community without having any impact on Ethereum’s market stability.

The Ethereum Foundation has allocated 10,000 ETH to Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4,200 ETH to Compound Finance. In total, this amounts to roughly $117.62 million based on today’s ETH price of $2,613.68.

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The decision comes following strong criticism from the community after the foundation sold 4,000 ETH straight out in January of this year. The majority grumbled that this sale would negatively impact the price of Ethereum and render the market unstable.

By putting money into DeFi early, EF is betting on decentralized finance and ongoing to gain a return without tampering with market volatility. This also helps the liquidity of protocols like Aave and Compound, which works to perpetuate the DeFi ecosystem.

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The move has been embraced by the Ethereum community because it is consistent with a model of sustainability of managing the treasury of the foundation. Instead of selling ETH in exchange for cash, EF is now effectively investing in the ecosystem that it founded, thus demonstrating its commitment to long-term Ethereum building and construction.

OpenSea Launching $SEA Token and Expanding into Crypto Trading

Summary: OpenSea, the largest marketplace for NFTs, is thinking big by launching its own token, $SEA, and expanding into crypto trading with the new OS2 platform. That is a substantial expansion from dealing only in NFTs to a full digital asset trading platform.

OpenSea did an airdrop and unveiling of its $SEA token and the introduction of OS2, a revolutionary platform that would make trading digital assets easier. OpenSea will henceforth no longer be concentrating only on NFTs but will also be venturing into other cryptos being traded.

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According to OpenSea’s CEO, Devin Finzer, OS2 has been tested by a group of early users to ensure speed, reliability, and ease of use. He believes that NFTs and tokens belong together in one place, and OS2 is designed to provide that experience.

The platform features several new features, including improved search and discovery, token swapping natively, cross-chain purchases, and real-time analytics. OpenSea users will be allowed to buy and sell NFTs and cryptocurrencies across different blockchains without bridging their assets manually.

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The OpenSea Foundation has made the announcement that the $SEA token will be a core component of the ecosystem, rewarding users and boosting engagement. While no release date has been specified, the token will reward regular users and make OpenSea one of the leading platforms in the crypto space.

XRP Eyes $8 Amid ETF Approval Hype – Will It Finally Break Out?

Summary: XRP is gaining momentum as excitement around a potential ETF approval gains momentum. Analysts are predicting that if the ETF is approved, XRP can reach $8. Traders are hopeful, but technical analysis indicates both potential for upside and danger of reversal.

XRP has been climbing the last few months on speculation mostly stemming from its SEC court fight closing in on resolution. And with XRP ETF negotiations gaining momentum now, the next great action is expected. Experts point out that approval for an ETF may send XRP to $8, but only time will tell.

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Despite a rocky February beginning, XRP has appreciated 2% in the last 24 hours, rebounding 8% from its lowest point of $2.26 on February 7. The RSI is at 41.95, which suggests possible room for an upside move. CoinsKid, one of the leading analysts, believes that XRP is on the verge of ending a wave correction phase, which will lead to a parabolic rise. They also warn that pullbacks can occur to levels of $0.82 or even $0.388.

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In the meantime, FOX Business journalist Eleanor Terrett pointed out that the SEC could approve Grayscale’s XRP ETF application by February 13. With approval, it could trigger a huge breakout. As hopes rose, everyone awaits the SEC’s next step.

HTX Delists PI Coin and Suspends Trading Before Mainnet Launch

HTX is ditching PI IOU trading, swapping holdings for USDT (1:61.28). PI’s real mainnet is coming, and HTX promises to list the actual token once it’s live. Stay tuned!

HTX just made a bold move—it’s delisting PI Coin’s IOU version and swapping user holdings for USDT at a 1:61.28 rate. The exchange will stop all PI IOU trading on Feb 13 at 08:00 UTC, automatically canceling open orders and crediting users’ spot accounts with the converted assets.

Why? The long-awaited Pi Network mainnet is finally in sight. This could be a game-changer, moving Pi from its closed system to a completely decentralized blockchain. As hype builds, HTX is leading the way for the real PI token, which they assured will be listed ASAP on mainnet launch.

Retail investors are paying close attention as Pi Network has been gaining traction for years. Unlike most crypto projects, Pi lets users mine coins on their phones without upfront investment—hence its massive user base.

Meanwhile, PI IOU has been struggling, dropping 21% in just a day, making HTX’s move even more significant. For now, PI fans just have to wait for the official token to drop. HTX says, “Stay tuned.”

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World Liberty Financial Snaps Up $5M in ETH During Market Dip

According to blockchain analytics firm Spot On Chain, the Trump-backed DeFi project, World Liberty Financial (WLFI), just scooped up another 1,917 ETH—worth around $5 million—on February 11.

On-chain data reveals that this latest move pushes WLFI’s total portfolio to a whopping $96.72 million, with over $48 million in ETH alone. In spite of market being volatile, WLFI is still stacking ETH and showcasing a strong and long term confidence and belief in Ethereum’s future.

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Since the start of the year, WLFI has been aggressively accumulating ETH and other crypto assets, now holding a total of 18,549 ETH valued at $48.7 million. This strategy of consistently buying does give a hint of a potential bullish outlook on Ethereum, even of the price is fluctuating. WLFI also announced “Macro Strategy” today its new strategic token reserve aimed at strengthening its foothold in the crypto world.

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“This steady accumulation from WLFI is great for ETH in the long run. If other institutional investors jump in, we could see Ethereum cross $4,000 soon,” a top crypto analyst shared.

Ethereum is already a hot topic, thanks to increased gas limits, the upcoming Pectra upgrade, and growing debates around leadership changes in the Ethereum Foundation.

XRP Stuck at $2.5—When Will It Break Out?

XRP has been trying to smash past the $2.5 resistance for over a week, but no luck so far. Despite major banking adoption and positive regulations worldwide pushing it past $1, the explosive rally investors are hoping for hasn’t kicked in yet.

Many believed February would be XRP’s breakout month, with predictions flying around that it could surge to $5 or even $10. But on Feb 3, the market took a dive, dragging XRP down from $3 to $2.1 in just hours.

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A brief relief rally on Feb 4 saw XRP spike to $2.7, but that didn’t last long. The price fell back to $2.2 within two days, and since then, XRP hasn’t managed to break through $2.5. Right now, it’s hovering around $2.38.

Adding to the hype, ChatGPT even predicted XRP could hit $10-$50 if ETFs get approved. Some analysts are more conservative but still see XRP flying past $30 if conditions align.

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So, when will XRP finally smash through $2.5? The hype is strong, but the risk is real—if it fails to gain momentum, a dip back to $2 isn’t off the table. At this point, it’s a waiting game to see if XRP’s next move is up or down.

TRON Just Hit 125M Users—What Does It Mean for TRX?

Summary: TRON (TRX) just passed a huge milestone—125 million active users. That’s not just a flex; it means more people are using the network, and that could push TRX prices even higher. The hype is already showing, with TRX jumping 3.5% in just a few hours after the news dropped. But is this just a short-term pump, or is something bigger brewing?

TRON’s price hit 0.243, with a daily trading volume of 2.3 billion. More active wallets usually mean more demand, and traders are paying attention. TRX/BTC volume spiked 15%, while TRX/ETH volume saw a 12% jump on Binance.

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Data on On-chain also shows a 10% rise in active address which further proves that the network we’re talking about isn’t just growing mindlessly but also getting used. Meanwhile, technical indicators are flashing green. The RSI is at 68, meaning TRX isn’t overbought yet, and the MACD just flipped bullish, hinting at more room to run.

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Even bigger? TRX/USD trading volume on Binance and Coinbase exploded 20%, hitting 400 million within hours. If this momentum holds, TRX could be setting up for an even bigger rally. Traders, keep your eyes peeled—this might just be the start.

Pump.fun Sees Surge of Fake Beer Biceps Memecoins Amid Ongoing Controversy

After drama on India’s Got Latent, fake Beer Biceps and Samay Raina memecoins popped up on Pump.fun, pumping fast before crashing. Traders jumped on the hype, just like they did with Elon Musk’s “Harry Bolz” and Saif Ali Khan’s controversy. In crypto, virality = quick cash grabs.



The internet loves drama, and crypto traders love profiting off it. After the India’s Got Latent controversy involving YouTuber Ranveer Allahbadia (Beer Biceps) and comedian Samay Raina, memecoins using their names flooded Pump.fun.

Two of the biggest ones, BEERBICEPS and Justice for Ranveer Allahbadia (JFRA), saw quick pumps—BEERBICEPS spiked 35% before crashing back to its launch price, while JFRA jumped 22% before fizzling out. Both had tiny market caps of around $5,500, meaning they were just quick speculative plays.

Samay Raina wasn’t spared either—tokens in his name also appeared, hitting a market cap of just $5,625. The whole thing started when India’s Got Latent aired roast segments featuring Ranveer and Samay, leading to a police complaint. As soon as the news dropped, crypto traders seized the moment, launching memecoins to cash in on the virality.

This isn’t new—when Elon Musk changed his X name to “Harry Bolz,” a flood of Harry Bolz memecoins hit the market. After news of Saif Ali Khan’s attack, fake tokens in his name appeared too. In the crypto world, every viral moment is just another pump-and-dump opportunity.

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WazirX Legal Partner Kroll to Conduct User Voting from March 19-28

WazirX is letting 4.4M users vote on Kroll’s platform (Mar 19-28) for fund redistribution after the ₹2000Cr hack, results on Apr 11.



WazirX is finally letting its 4.4 million users have a say on how their funds will be redistributed after last year’s massive ₹2000 crore hack. The voting will take place on Kroll Information Services (KIS) from March 19-28, as ordered by the Singapore Court overseeing WazirX’s parent company, Zettai Pte Ltd. The goal? To make the process fair and transparent by using an independent third-party platform.

Kroll isn’t just any random firm—it’s the legal partner WazirX hired to sort out creditors’ claims after the crypto exchange got suspended for seven months. During a YouTube town hall on Wednesday, WazirX confirmed that only scheme creditors with approved claims can vote. Plus, regardless of how users vote (or if they don’t vote at all), the final decision will apply to everyone if the scheme is approved.

To ensure everything checks out, WazirX has also brought in Alvarez & Marsal (A&M) as an independent assessor. A&M will audit the voting results from April 1-8, and the final outcome will be revealed on April 11, this year. This is a crucial step for WazirX users hoping to recover their lost funds.

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