Cointime

Download App
iOS & Android

Cremation Coin Burns Millions of Tokens, PEPE Community Burns 16 Billion, BabyDoge Proposes 100 Quadrillion Burn to Improve Security and Reduce Fees

  • Wechat scan to share

Cremation Coin has burned a significant number of PEPE and BabyDoge coins, as well as Terra Classic (LUNC) tokens this week. The burn feature of the Pepe Coin contract will reduce the circulating supply, which could potentially increase the PEPE price. The Baby Doge Coin team has proposed burning a large number of BabyDoge tokens to improve security and reduce transaction fees on Ethereum. According to crypto analyst Michael van de Poppe, the PEPE price must remain above $0.00000173 to reach $0.00000240. If you're interested in investing in promising crypto presale projects for 2023, check out our updated list, which includes CoinTerra and other options. Additionally, we've compiled a list of the top crypto Telegram channels to follow for the latest news and insights, so you can stay informed and ahead of the game with our comprehensive resources.

Comments

All Comments

Recommended for you

  • Powell faces unprecedented pressure on the eve of GDP and employment data release

    against the backdrop of escalating political pressure, changing trade policies, and conflicting economic signals, Federal Reserve Chairman Powell and his colleagues will enter a rate decision meeting next week. This decision comes in a rare week of data-intensive releases - the US government will consecutively release GDP, employment reports, and the Fed's core inflation index. Although the market generally expects the Fed to once again stay put, this series of data may reshape the policy path. Economists predict that the US second-quarter GDP annualized growth rate, to be released next Wednesday, is expected to reach 2.4% (a significant improvement from the first quarter's 0.5% contraction), but this is mainly due to a sharp narrowing of the trade deficit. The July non-farm payroll report, to be released on Friday, is expected to confirm a cautious trend in business hiring. Following a sharp increase in education industry employment data in June, new job additions this month are expected to slow down, with the unemployment rate possibly rising slightly to 4.2%. The US government's June personal income and spending report is expected to show a slight acceleration in the Fed's preferred core inflation index, indicating that tariffs are gradually being passed on to consumers.
  • US media: DOGE plans to use AI to remove 50% of regulations before Trump's first anniversary in office

    according to The Washington Post and four government officials, the US Department of Government Efficiency (DOGE) is using a new artificial intelligence tool aimed at significantly reducing federal regulations, with the goal of canceling half of the regulatory requirements before Trump's one-year anniversary in office. The tool, called "DOGE AI Deregulation Decision Tool," is planned to analyze approximately 200,000 federal regulations to determine which ones can be repealed. According to a presentation on July 1st, the tool is expected to cut about 100,000 regulatory items. The report also notes that the tool will save the US tens of trillions of dollars by reducing compliance requirements, cutting the federal budget, and releasing "external investments." According to the report, the tool has successfully removed over 1,000 "regulatory provisions" from the Department of Housing and Urban Development in less than two weeks, and completed "100% deregulation work" at the Consumer Financial Protection Bureau. 
  • BTC breaks through $118,000

     the market shows BTC breaking through $118,000, currently trading at $118,010.99, with a 24-hour increase of 1.47%. The market is volatile, please exercise caution.
  • Data: $237 million in liquidation across the network in the past 24 hours

     according to Coinglass data, a total of 237 million US dollars were liquidated on the entire network in the past 24 hours, with long positions liquidated at 107 million US dollars and short positions liquidated at 130 million US dollars. Among them, long positions in Bitcoin were liquidated at 12.7709 million US dollars, short positions in Bitcoin were liquidated at 26.5366 million US dollars, long positions in Ethereum were liquidated at 32.4597 million US dollars, and short positions in Ethereum were liquidated at 41.3286 million US dollars.
  • Analyst: This week's selling pressure reached an extreme level within the cycle, but BTC's stable price can be seen as a positive sign

    CryptoQuant analyst Axel posted on social media that in this bull market cycle, only 12 weeks have seen short selling pressure equal to or stronger than this week, accounting for about 7.3% of the entire cycle. This means that the selling volume this week ranks in the top 7% of extreme levels in history, but the price has rebounded to $117,000 - a fact that can itself be seen as a positive signal.
  • A list of important developments at noon on July 26

    7:00-12:00 Keywords: Hong Kong, SharpLink, PUMP
  • US President Trump: EU may have to reduce tariffs

     US President Trump: EU may have to lower tariffs.
  • Trump: Powell gave the impression yesterday that he might be ready to cut rates

    President Trump of the United States said that the impression Powell gave yesterday was that he might be ready to cut interest rates.
  • Overview of important developments at noon on July 25

    7:00-12:00 Keywords: Nigeria, 401(k), stablecoin
  • Tesla fell 8.9%, the biggest drop since June 5

     Tesla (TSLA.O) fell by 8.9%, marking its biggest drop since June 5th.