NiftyNoon: The $PAIN Token Proves the Solana Memecoin Trenches Are in… Pain 👴🏻🪙📈
The highly anticipated $PAIN token has finally launched… to a middling market response (February 20, 2025)
Nifty Thought:
The highly anticipated $PAIN token has finally launched… to a middling market response. While the original presale raised a staggering 185,000 Solana, the team quickly revealed they would refund 80% of all raised funds in a move that excited many memecoin speculators. However, since the revelations of high level memecoin corruption, the appetite for new coin launches seems to have diminished. Although the token outcome is still highly lucrative for presalers with many receiving more than 5x of their initial investment, the coin has gradually trended downwards.
Highlighted News:
👴🏻 @pain token launchres; info on tokenomics and locked share:
https://x.com/pain/status/1892309441317576892?s=46
🔒 @punk9059 on @pain deal insights and how such launches work:
https://x.com/punk9059/status/1892321026786414615
🦭 Walrus Mainnet is coming in March:
https://x.com/WalrusProtocol/status/1892205434812907768
🌊 The $KAITO claim will be live tomorrow (Thursday 20th Feb) at 12PM UTC:
https://x.com/KaitoAI/status/1892153681908302249
📉 $PAIN is speedrunning what the $LIBRA chart looked like but this one happened in only 3 minutes instead:
https://x.com/ashrobinqt/status/1892292258860245121
Project and Community News:
President Trump says he is "committed to making America the crypto capital": https://x.com/WatcherGuru/status/18923592116333076WbIolVGYbN2_g&s19
SEC acknowledges 21Shares filing to allow staking for its spot Ethereum ETF: https://x.com/WatcherGuru/status/1892352308759DHhTZ2T00jG8BbV4w&s19
The SEC has acknowledged the filing for a CoinShares spot $LTC ETF: https://x.com/Crypto_Briefing/status/1892238500688175310
USD services are returning to http://Binance.US: https://x.com/BinanceUS/status/1892227764268265664
80% of the 185,976 $SOL raised by @pain has been refunded: https://x.com/pain/status/1892260252722352623?s=61
Federal Government seeks Court order for Binance to pay Nigeria $79 billion economic loss Fine and $2 billion tax: https://x.com/NigeriaStories/status/1892185180925755434
Users eligible for the Walrus User Drop have begun receiving the Walrus Airdrop NFT in their wallets: https://x.com/WalrusProtocol/status/1892053946375733657
Looks like $KAITO may go live with staking - the team deployed the contract 32hr ago: https://x.com/0xBreadguy/status/1892188905270808625
@ethereumfndn Announcing the Open Intents Framework: https://x.com/ethereumfndn/status/1892244647369433272
Monad Testnet is live: https://x.com/monad_xyz/status/1892227817149997212
Major news for Memeland set to break tomorrow including New roadmap reveal: https://x.com/Tyler_Did_It/status/1892298830495809711
@BrazaBank is launching the BBRL Stablecoin on the XRP Ledger: https://x.com/RippleXDev/status/1892288887088722420
@MANTRA_Chain have successfully obtained the FIRST DeFi license from
@varadubai: https://x.com/MANTRA_Chain/status/1892183609987244312
@DuskFoundation have partnered @Quantoz: https://x.com/DuskFoundation/status/1892148440278106416
Fidelity says the Bitcoin "Lightning Network is delivering on the promise of being the most efficient way to transact in the digital asset ecosystem": https://x.com/BitcoinMagazine/status/1892273764697579705
UMA working with Polymarket and Eigen to build its "next-gen" prediction market oracle: https://x.com/LHitch09/status/1892277458319167663
Tiny Hyper Cats mint on @HyperliquidX is live: https://x.com/BrenOfTheGlen/status/1892135201708335408
QUAI Exchange Listings Announced: https://x.com/QuaiNetwork/status/1892258895663419837
Quick Stats:
👾 Blur ETH Daily Volume: 1,033 ETH (▼ 65.14%)
🌊 OpenSea ETH Daily Volume: 1,010 ETH (▼ 80.86%)
🟠 BTC : $97,384.86 (▲ 1.16%)
🔷 ETH: $2,738.33 (▲ 0.90%)
🟣 Solana: $172.84 (▲ 0.29%)
🟪 Polygon: $0.30 (▼ 0.64%)
Top NFT Sales:
Bored Ape Yacht Club #9217: 15.00 ETH
Bored Ape Yacht Club #4053: 14.44 ETH
Bored Ape Yacht Club #6688: 13.75 ETH
NFT Daily Winners:
💼 Ordinal Maxi Biz: 0.07 BTC (▲ 12.11%)
😡 Mad Lads: 50.92 SOL (▲ 8.34%)
🦧 Bored Ape Yacht Club: 13.69 ETH (▲ 6.12%)
🐵 NodeMonkes: 0.05 BTC (▲ 6.12%)
🧦 Bitcoin Puppets: 0.05 BTC (▲ 5.52%)
🐱 Quantum Cats: 0.20 BTC (▲ 4.79%)
🏳🌈 Chromie Squiggles: 4.49 ETH (▲ 4.66%)
👾 Tensorians: 4.70 SOL (▲ 3.11%)
🏴☠ Captainz: 1.40 ETH (▲ 1.67%)
🐧 Pudgy Penguins: 8.69 ETH (▲ 1.13%)
⛩ Azuki: 2.79 ETH (▲ 0.86%)
🚬 CryptoPunks: 35.48 ETH (► 0.00%)
NFT Daily Losers:
🍭 Mocaverse: 1.92 ETH (▼ 1.84%)
👩🏻 Milady Maker: 3.71 ETH (▼ 2.88%)
Notes:
If you find quick daily crypto updates helpful, please feel free to subscribe:
The content on this site is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Managed by @AxuETH, @Miinted, @drethernik, @SpeedyGonzale87 and @SSPxLEO