DeFI News by Thebittimes.Com

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The popular platform for launching new Solana tokens, Pump.fun, is experiencing a noticeable downturn, raising concerns about its long-term sustainability. Recent data reveals a sharp drop in token graduations, a significant slowdown in new token launches, and a decline in trading volume. Only 11,332 tokens have graduated this month — less than half of the 24,008 recorded last month. The trend is even more striking on a weekly scale, with just 517 graduations this week compared to 2,184 the week prior. Meanwhile, tokens in other asset classes are rallying, particularly cost-effective tokens, as traders shift their focus. Interest is gravitating toward emerging projects, with many of the most viewed cryptos on GeckoTerminal gaining traction.  Most Viewed Cryptos on GeckoTerminal to Watch AIXBT is currently valued at $0.2005, a 5.79% decline. In contrast, SHREK has surged 800.28% and is now priced at $0.00068. Meanwhile, DEFAI has dropped 17.47% and is trading at $0.003441....

Bitcoin-themed meme coin BTC Bull Token ($BTCBULL) has raised over $900,000 within just 48 hours of its presale launch. Investors are rushing to secure as many $BTCBULL tokens as possible, as it offers a rare opportunity to receive airdrops of the most valuable asset in the industry, Bitcoin ($BTC). This is because BTC Bull Token rewards holders with actual bitcoins every time it hits certain price milestones – the next being $150,000. But that’s not all – the $BTCBULL token also undergoes burn cycles tied to each milestone, which remove tokens from circulation and increase the value for holders.  There are two earning mechanisms: passive earnings through BTC airdrops and capital appreciation from both the $BTC they earn and the $BTCBULL they hold – talk about an investment in the “orange coin” on steroids. The gold rush for $BTCBULL is now in full swing, with demand that would even put the California prospect...