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Prince Elon (ELONPRIN) Solana Memecoin to Explode 13,000% Before Exchange Listing, While Shiba Inu and Dogecoin Fall

Prince Elon could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Prince Elon (ELONPRIN), a new Solana memecoin that was launched today, is set to explode over 13,000% in price in the coming days. This is because ELONPRIN is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Prince Elon can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Prince Elon could become the next viral memecoin. Prince Elon launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Prince Elon on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Prince Elon by entering its contract address – 7rAsmWGTtPFY9RFnhd9biard7PrWtw5ZigowwfmaXUQ – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONPRIN. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. CoinOtag

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Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

Crypto stakeholders are protesting as the U.S. Department of the Treasury and the Internal Revenue Service (IRS) finalize new reporting rules for decentralized finance (DeFi) brokers. According to a new press release by the Treasury Department, while the new rules don’t add any taxes on crypto assets, they require DeFi brokers to report on the gross proceeds of sales of their digital assets, making them follow the same rule as traditional securities brokers. The rule also means that owners of digital assets who engage in DeFi transactions will receive the same form as well from their broker. Aviva Aron-Dine, the Assistant Secretary for Tax Policy, says in the press release that the new rule will help taxpayers be compliant. “These regulations will help ensure that all taxpayers play by the same set of rules and have access to the information they need to file their taxes accurately. Aligning tax reporting requirements for digital assets with reporting for other assets will make filing easier and cheaper for compliant taxpayers while also helping close the tax gap.” In a recent thread on the social media platform X, Kirstin Smith, the chief executive of the nonprofit crypto advocacy group Blockchain Association, says that the move is the Biden Administration’s last-ditch effort to hurt the industry before pro-crypto politicians take power. “Today’s broker rulemaking by the IRS and Treasury – days before the end of the year – is a disappointing, but expected, final attempt to send the American crypto industry offshore. On behalf of the industry, we’re prepared to take aggressive action to fight back. We also look forward to working with the new pro-crypto Congress and Administration to roll back this and other anti-innovation rules.” Prominent crypto lawyer Jake Chervinksy also took to X, saying that the decision is “unlawful” and should be reversed. “IRS has finalized the second half of its broker rule, requiring most DeFi front-ends to KYC (know your customer) users starting in 2027. This unlawful rule is the dying gasp of the anti-crypto army on its way out of power. It must be struck down, either by the courts or the incoming administration.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule appeared first on The Daily Hodl . CoinOtag