This week, Crypto is experiencing many ups and downs. BTC ▼-1.14%, ETH ▲0.05%and BNB ▼-0.66% The Ethereum ETF influx reaches its peak and hit its highest ever high.

Bitcoin peaked at $124,000 early in the week, falling sharply after unexpected PPI data was released. I was soaked in $115K by the middle of the week before testing my $110,000 support.

Ethereum also fell to $4,000 at the beginning of the week, ahead of its weekend’s highest ever-growing $4,890.

The crypto market capitalization was hovered at $4 trillion XRP ▲0.51% It’s below $3 on Wednesday. link ▼-0.96% The ICE partnership won 25% in the $26 area, surpassing the market. Again, Solana peaked at $201, reaching a massive 107,540 TPS records.

24 hours7d30D1Yeverytime

Discovered: Top Solanamime Coins to Buy in 2025

This week is a crypto roller coaster

The market was calm before he awarded Powell’s Jackson Hole speech yesterday. But after the speech, God’s candles were found everywhere. JPMorgan predicted four rate cuts from September to 2025, bringing the “Crypto” Google searches to higher every year.

The Crypto Services Fed eased bank oversight for Crypto Services, and Japan has approved Stablecoins. Following on, Eric Trump planned a visit to Tokyo’s “Metaplanet” to push Crupto.

Eric Trump is heading for Tokyo.

On September 1st, he will be attending Metaplanet’s shareholders meeting.

A company with $2.1 billion on Bitcoin on balance sheet.

His advice role shows one thing:

Bitcoin interest at institutions is growing worldwide. pic.twitter.com/qwxqq9zvjr

– Sam Morris (@itssamarthur) August 22, 2025

There have been allegations about the Trump family’s coin, raising $320 million, but plunged 88%, raising fraud claims against them.

Next, it was announced that Dutch company AMDAX would be constructing a BTC financial fund to target 1% Bitcoin supply. Other institutions like Metaplanet have pivoted 18,888 BTC and biotechnology as Ethzilla to the ETH Treasury.

Big News also comes from US drug enforcement agencies. According to Forbes, DEA used cryptography to hardly wash $19 million for the cartel.

There was also an update to Terra News, just as Kwon pleaded guilty. The founder of Terra Lab faces 12 years in prison and $19 million forfeiture.

And like other celebrities Crypto Meltdown, Kanye West’s Meme Coin was pumped into a $3 billion cap before crashing mid-week.

Discover: 9+ Best High Risk, High Reward Crypto Buy in 2025

This week’s numbers

The Spot Ethereum ETF initially saw an influx of $729 million, surpassing the $548 million Bitcoin ETF this week. Flows then turned back to a $422 million spill from ETH and a $523 million from BTC, with BlackRock holdings of $104 billion.

Tokenized RWA exceeded $1 billion, AI agents appeared as Ethereum’s top users, and IQAI integration was integrated.

24 hours7d30D1Yeverytime

ERC-8004 proposed an unreliable AI standard for Ethereum. Ethereum hit the highest ever high in transactions and addresses with low gas. 0G Lab has enabled large AI models with high bandwidth.

But not only the TXS count and address, but Ethereum has also been hit so far higher than ever after waiting for many years by ETH Crypto Maxis.

Story Protocol raised $82 million, but the founder resigned. Btcturk lost $23 million in the hack, and Justin Sun challenged Bloomberg on the Billionaires Index.

And… Crypto might soon join the 401(k).

Anthony Scaramucci turned to $180k-$200k btc by the end of the year. CEO Vanar discussed Crypto Future on Nypost. Elon Musk dropped the idea of ​​a political party.

Musk’s Movement: Billionaire Elon Musk is reportedly halting plans to launch a new political party while working to maintain close ties with Vice President J.D. Vance. pic.twitter.com/lhyphlkqau

– Fox News (@foxnews) August 20, 2025

What’s next for Crypto? Join 99bitcoins weekend live coverage here for the most updated crypto news.

Discovered: Top 20 Cryptography to Buy in 2025

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The US government owns more than $23 billion in crypto

by Akiyama Felix

Data from Arkham shows that US Goveenment holds $23,601,501,480 or more $23 billion in Crypto Assets. Bitcoin is held by the Trump-led US, worth $220 billion and is the largest asset in USDT and Ethereum of $630 million.

(sauce – Arkham Intelligence))

ChainLink could be the most underrated crypto asset

by Akiyama Felix

After a month of running link ▼-0.96% It could be that they are aiming for the highest ever $52. Some analysts believe ChainLink is underestimated, and perhaps it could be right, especially in the booming RWA sector.

do you agree?

This is the most underrated major asset in crypto! $link @ChainLink pic.twitter.com/jcz5zlziwu

– Rypto (@Rypto__) August 23, 2025

Will Pengu Crypto break quickly?

by Akiyama Felix

Pudgy Penguins has evolved from the NFT collection to a cultural force, and Pengu Crypto is always about to break. This project is about cute penguins with real-world goods, like Walmart toys.

Solana Memecoin will reward holders by winning bundles by stakes on community perks. Shortly after its release, it was hit with over 800,000 owners, particularly in the Big Airdrop campaign. Currently trading at around $0.035, Pengu could move forward soon.

Will Pengui blow up the record of the greatest record of next week after warping Pokemon?

A stubborn penguin

price

Market capitalization

24 hours7d30D1Yeverytime

Read the full story here.

Discovered: Top Solanamime Coins to Buy in 2025

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Solana-based memecoin launchpad Pump.fun has made the headlines again after its recently launched token, PUMP, plummeted to new lows. The nosedive follows a recent update on the token’s highly anticipated airdrop and its legal troubles.

Related Reading

PUMP Token Loses $1 Billion MC

Just over a week after launch, Pump.fun’s official token has hit a new all-time low (ATL), reaching the $0.0028 area and dropping below the $1 billion market capitalization for the first time since its initial Coin Offering (ICO).

Pump.fun was launched in January 2024 to facilitate and simplify the deployment of tokens. The Solana-based platform quickly became the leading memecoin launchpad in the crypto market, fueling this cycle’s memecoin frenzy.

According to Dune data, the launchpad has deployed nearly 12 million tokens over the last 18 months and generated a Total Revenue of over $775 million. After announcing its official token in early June, the platform’s PUMP rollout had a bumpy road, as its official X account was suspended mid-month.

The token’s public sale was also pushed nearly three weeks from its original June 25 date. Nonetheless, Pump.fun recorded a highly successful sale two weeks ago, raising $600 million in just 12 minutes.

Two days after its launch, PUMP surged around 70% from its ICO price, reaching an all-time high (ATH) of $0.0068 on July 16. Since then, investors have seen a 57.9% price drop, with 25% of its decline occurring in the past 24 hours.

The violent correction has been partially fueled by the recent update of PUMP’s upcoming airdrop. In the token announcement, Pump.fun stated that an airdrop was “coming soon,” but didn’t offer further details.

On Wednesday night, the platform’s co-founder, Alon Cohen, confirmed that there will be a token airdrop but revealed it “is not going to take place in the near future,” which ignited massive backlash from the community and sent the token into its current nosedive.

Community Slams Pump.fun Team

Several X users have expressed their concerns and discontent with Pump.fun’s team, with some claiming that it is “easily one of the worst charts out right now” as “PUMP is trading like the devs already gave up.”

Another user stated that “the way PUMP is performing post-TGE is 100% on the team. Only in crypto you can sell a ‘utility coin’ for $1.3B in cash and a week later no one still has a clue what those utilities even are lol.”

Some community members remain hopeful that the cryptocurrency will reverse. Market watcher Bren Trades considers that “The crowd is grave dancing on PUMP. Just like they did with PENGU And we saw how that played out.”

He noted that “If you’ve been here for a while, you know these post-launch dump outs are commonplace.” Meanwhile, crypto analyst Altcoin Sherpa wrote on X that “joking aside, I actually do think that PUMP bottoms relatively soon. I am expecting some sort of giga crime pump eventually.”

Legal Drama Intensifies

In January, Burwick Law filed a class-action lawsuit against the platform, alleging it acted as an unregistered securities exchange. According to the original complaint, users have suffered massive losses due to their tokens’ price plunging after the hype died down.

On Wednesday, the law firm filed an amended lawsuit in the Southern District of New York against the platform and some of its Solana partners, including Solana Labs, the Solana Foundation, Jito Labs, and the Jito Foundation.

Related Reading

The new complaint escalates the extent of the allegations, claiming that the defendants have extracted over $5.5 billion from customers through schemes, and seeking rescission of Pump.fun transactions and compensatory damages.

As of this writing, PUMP is trading at $0.0028, a 26.6% decline in the daily timeframe.

Featured Image from Unsplash.com, Chart from TradingView.com

Investors from Pump.Fun (Pump) Memecoin’s private sale have begun broadcasting billions of tokens in exchange, raising concerns about the possibility of a sale as the token price is below the initial sales value.

Blockchain analytics firm LookonChain reported that two early supporters of Memocoin, identified at Solkan as “Pump Top Fund 1” and “Pump Top Fund 2,” sent over $160 million to the pump token for a centralized exchange.

$Pump Prices fell below the private/public selling price of $0.004.

“Pump Top Fund 1” spent 100m $ usdc I’m buying 25B $Pump $0.004 for private sale.
So far, he has left 17b $PumpExchange via ($89.5 million) #falconx Still keeping 8b $Pump($29.58m).

“Pump Top Fund… pic.twitter.com/xibwuacoxz

– lookonchain (@lookonchain) July 22, 2025

Pump Crypto Private Sale Whale sends pumps worth millions of dollars.

During the private sale, Top Fund 1 Wallet purchased 25 billion tokens at USDC for $100 million. Last week, the wallet had deposited 17 billion tokens, valued at around $90 million and is being exchanged. Despite this offload, the wallet still holds tokens worth around $29.5 million.

The second wallet acquired 12.5 billion tokens for $50 million during a private sale, then swapped and offloaded the entire $71 million stash.

The pump token showed signs of bullishness shortly after its launch, but is affected by the high unlock rate. According to Coingecko data, the token value fell to a record low of $0.003642 today (July 22), down 46.5% from its record high since its launch on July 15, down 32%.

The current price also shows a 7% decrease compared to the pre-selling price of $0.004. In other words, pre-selling investors who have not yet sold tokens face unrealized losses.

At this time, it is unclear whether the Pump Crypto whales are planning to dump the $90 million worth of tokens that they have moved to replace. Typically, this is what you would expect to see large deposits of assets begin to take place in exchange.

Discover: Next 1000x ciphers: 10+ crypto tokens that can hit 1000X in 2025

Pump.Fun investors had high hopes after a record $500 million ICO sold out in 12 minutes

The future of capital formation is happening in Solana.

$600 million was raised in 12 minutes.
Zero bunker.
While Wall Street is closed.

Let’s break down what happened with the pump raise. pic.twitter.com/i4e5chrkmb

– Solana (@solana) July 15th, 2025

On July 13th, Pump.Fun raised nearly $500 million from Solana from Pump Token’s first coin product (ICO) and sold out in just 12 minutes. However, participants seem to want to offload their tokens after the pre-sale.

Four days later, on July 17, Bitmex shared on-chain data, indicating that almost 60% of pre-pump participants had exchanged or sold or transferred to their tokens to other wallets. At the time, 37.4% of pre-sale participants held tokens, but only 3% continued to increase their holdings.

Bitmex analysts said that post-lock after seeing the price of the pump is surprising given the high unlock rate, highlighting that a large float could create considerable downward pressure in the derivatives market.

Meanwhile, the broader memocoin sector is beginning to show signs of slowing down. Coingecko’s data shows that Memecoins’ overall market capitalization peaked at $87 billion on July 21, a 58% increase from the value of $55 billion on June 30.

This followed, however, on July 22nd, the $81 billion low fell rapidly. At the time of writing, the Memecoin sector currently has a market capitalization of $82 billion, according to Coingecko.

(sauce))

Pre-sale investors are sitting underwater and there aren’t many positive posts where pumps can be found across social media as many people are surrendering due to losses. The majority of X’s $pump tags are bearish charts from traders and analysts, all wanting to be low.

The pump is currently trading at around $0.0037, and many believe that it will be the next level where $0.003 is lost. There is little communication from the pump and there is a call for $0.001 at the bottom of the pump. Hun Teams are on the roadmap for tokens or expected airdrops, but prices appear to be in free falls.

One of the Crypto Trader, who goes by the name @benjiganar, laid out an idea about how the pump will unfold from here. The X post is:

“We’ve mentioned many times that Bearish $Pump’s Toknomics (now), pre-sale buyers are underwater.

Believe it or not, this is one of the scathing explanatory pieces about Pump Crypto, which many call it a complete scam and pure liquid extraction from the Pump.Fun team.

But one thing to note is that historically, hate gatherings have produced some of the most parabolic movements. In 2021, Filecoin (FIL) was constantly destroyed online, and only steamers were called before bringing out nearly 900% movement.

Recently, high lipids (hype) have had a considerable amount of negative emotions surrounding it, producing more than 400% returns from the decline as many fell below $10, and quickly generating themselves as the main player in the L1/distributed exchange sector.

Such a move should serve as a warning to those who believe that pumping codes will be zero. Teams are free to use a significant amount of capital to design chart reversals. Buybacks, bullish roadmap announcements, and anticipated airdrop timelines are everything that could change the tide of the pump.

Explore: Best Meme Coin ICO to Invest in July

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X’s Grok chatbot declined to select a winner for a $1,000 Ethereum giveaway organized by crypto influencer Crypto Rover, citing prior allegations of pump-and-dump activity detailed by on-chain investigator ZachXBT.

In replies to users participating in the weekend contest, Grok stated it was abstaining from choosing a winner due to “substantiated reports” implicating Rover in schemes that could compromise community safety.

The messages are now unavailable but circulated in screenshots showing Grok referencing ZachXBT’s findings and calling for caution. The interaction stemmed from a routine promotional giveaway in which Rover, who posts under @rovercrc and has over 1 million followers, invited users to like, repost, and follow his account for a chance to win the prize.

As ZachXBT reported, the allegations center on a project Rover was contracted to promote in May 2023. The deal included a $10,000 payment, a percentage of the project’s token supply.

According to the investigation, Rover made no promotional posts as agreed and later claimed he would delay content until “better market conditions,” while threatening legal action against the project’s team for attempting to call him out.

ZachXBT linked Rover’s wallet activity to subsequent token sales, generating roughly 40 ETH in profits. The funds were routed to a known Bybit deposit address previously associated with Rover.

The probe also identified 10 fresh wallets tied to the same promotional period that accumulated 9 percent of the token’s supply shortly before Rover posted about the asset. The project team behind the meme coin ceased communications shortly after, with no further updates beyond May 2023. In previous posts, Rover reportedly stated he could “pump projects from half a million to ten million easy,” a remark ZachXBT highlighted as part of a broader pattern of manipulative behavior.

Rover did not publicly address Grok’s specific decision and has continued to tag Grok for his next giveaway.

Not all of Grok’s responses refused to engage with Crypto Rover. Many replies to Crypto Rover and his followers affirmed that the bot would select a winner for the giveaway. However, per the latest posts, none was chosen by the bot.

Grok, developed by xAI, has previously drawn scrutiny for its erratic output, including unverified claims and inflammatory responses, though its creators position it as a “maximally truth-seeking” assistant.

ZachXBT’s forensic investigations have become a fixture in crypto accountability circles, with previous work cited in law enforcement actions and asset recoveries totaling over US $210 million, per a 2024 Wired profile.

Mentioned in this article

The top US-based crypto exchange by trading volume is helping pump up a popular Solana (SOL)-based memecoin platform with its latest listing.

According to a new announcement from Coinbase, pump.fun (PUMP) is the latest altcoin to be added to the exchange’s suite of digital assets.

“Pump.fun (PUMP) is now live on Coinbase.com and in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”

Pump.fun has gained popularity as a platform that allows users to create and trade original memecoins without the burden of coding. So far, pump.fun claims to have launched over 11 million tokens and generated $700 million in revenue since its launch in 2024. The platform aims to reward early buyers of new coins and allow the memecoins to “graduate” to decentralized exchange (DEX) trading after certain milestones are surpassed.

Just last week, pump.fun completed one of the fastest-selling initial coin offerings (ICOs) to date.

“The PUMP public sale has now ended. We are delighted to reveal that the PUMP public sale was able to sell out in only 12 minutes. We would like to thank our entire community for participating! The PUMP tokens will now enter the distribution phase.”

All the tokens that were sold through the Pump.fun website and participating crypto exchanges will be transferred 48 to 72 hours after the sale. The tokens will become tradable and transferable once the protocol announces that the process is completed.

In an earlier statement, Pump.fun said that 33% of PUMP’s maximum supply of 1 trillion will be sold in the ICO, 24% is reserved for community and ecosystem initiatives, 20% is allocated for the team, 13% for the existing investors, 2.4% for the ecosystem fund, 2% for the foundation, 3% for livestreaming and 2.6% for liquidity and exchanges.

Following the announcement of the Coinbase listing, pump.fun is worth $0.00568 at time of writing, up 4.5% in the last 24 hours.

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Pump.fun’s PUMP token opened at a fully diluted valuation (FDV) of roughly $5.6 billion on July 14 and fell 7.3% within the first three hours of trading, according to DEX Screener data. 

The Solana-based coin changed hands at approximately $0.005128 at 20:30 UTC, implying a current FDV of nearly $5.12 billion, liquidity of $19.3 million, and 11,160 on-chain transactions worth $34.1 million logged during the period.

Buy activity slightly outpaced sales, with 6,210 purchases versus 4,950 sales, while the split in dollar terms ran almost even at $18.7 million and $19.1 million, respectively.

Record-setting sale fills war chest

The token’s debut followed a 12-minute public sale on July 12 that raised $500 million and distributed 125 billion PUMP.

The sale-priced tokens at $0.004 were exhausted on Pump.fun’s website and four centralized exchanges, marking one of the fastest capital raises in ICO history.

On-chain dashboards compiled by Dune show that 23,959 wallets have completed the mandatory Know Your Customer procedures, but only 42.3% have secured tokens. 

The average spend reached $44,209, while the median landed near $550, illustrating a skew toward whale participation, even as small holders dominated numerically. Exactly 202 wallets hit the $1 million hard cap, while 5,758 spent less than $1,000.

Pump.fun’s own breakdown assigns 33% of supply to the ICO, 24% to community and ecosystem initiatives, 20% to the founding team, 13% to existing investors, 3% to a livestreaming budget, 2.6% to liquidity and exchange incentives, 2.4% to an ecosystem fund, and 2% to a nonprofit foundation. 

Furthermore, website analytics indicate that 76% of the tokens were sold through Pump.fun’s portal, with the balance handled by partner exchanges. The team said this approach strengthens direct ties to users and limits middleman influence. 

Developers required identity checks for all participants and excluded residents from the US and UK, positioning the raise as a “compliant” alternative to earlier memecoin launches, according to statements posted on social media by Dune contributor Adam Tehc.

Mentioned in this article

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Solana-based memecoin platform Pump.fun is preparing for what could become one of the largest token sales in crypto history.

The project aims to raise $1.32 billion through its upcoming PUMP token offering, potentially securing the third spot among the highest-ever fundraising events in the industry.

According to data from Cryptorank, Pump.fun’s fundraising goal would put it just behind the now-defunct FTX exchange, which raised $1.75 billion from its FTT sale. It would also follow EOS (now Vaulta), which raised $4.26 billion in 2018.

Terra’s $1.2 billion raise from LUNC currently holds third place, followed by UNUS SED LEO and bankrupt Celsius at $1 billion and $910 million, respectively.

Pump.fun has scheduled the PUMP token launch for July 12. The token will have a fixed supply of 1 trillion, with 33% allocated for its initial coin offering (ICO).

Of that, 18% will be distributed via a private sale to institutional investors. The remaining 15% will be sold to the public through exchanges like Kraken, KuCoin, and others.

Each token will be priced at $0.004 and have no vesting schedule, meaning all purchased tokens will be immediately available upon launch.

Market sentiments around the PUMP token

However, even before its official launch, the token has generated significant interest in the market.

According to CoinGlass data, pre-market perpetual contracts for the PUMP token have jumped by more than 300% to reach $346 million in volume, with $115 million in open interest.

This indicates strong investor anticipation about the yet-to-launch crypto token.

Despite this early excitement, there is growing skepticism from large crypto investors.

Onchain Lens, a blockchain data platform, reported that several crypto whales are betting against the token’s price by shorting PUMP ahead of its launch. These whales have deposited millions of dollars into the Hyperliquid platform, signaling a lack of confidence in the token’s long-term performance.

Whales anticipate that PUMP will follow the typical pattern of many Initial Coin Offerings (ICOs). This means they believe the token would experience an initial surge followed by sharp price declines.

Mentioned in this article