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Smart Trader Seizes Opportunity with FARTCOIN Purchase Amid Market Rebound

A savvy trader identified as 8TSfB recently capitalized on a rebounding market by purchasing $1.15 million worth of FARTCOIN . This transaction involved swapping 789,000 WIF tokens for 1.04 million FARTCOIN, executed at an average price of $1.11 per token. Notably, this marks the trader’s initial foray into FARTCOIN investment. Profitable History with Previous Tokens Prior to entering the FARTCOIN market, the trader achieved considerable success with earlier investments in POPCAT and WIF tokens. To date, profits totaling $2.71 million have been realized from these ventures. Currently, the trader maintains holdings of 9.17 million POPCAT tokens valued at $5.13 million and 3.3 million WIF tokens valued at $5 million. Market Dynamics and Recent Performance FARTCOIN demonstrated resilience in the market by rebounding more than 50% over the past 24 hours following a brief crash. This recovery underscores its potential value and attractiveness to investors seeking opportunities in volatile markets. Implications and Future Outlook The trader’s strategic move into FARTCOIN aligns with their demonstrated ability to identify and capitalize on market trends. With a track record of profitable exits and substantial holdings in other tokens, the trader’s entry into FARTCOIN signals confidence in its future performance. The #FARTCOIN price surged 58%% today! Smart trader “8TSfB” swapped 789K $WIF for the very first 1.04M #FARTCOIN ($1.15M) ~9 hours ago. Notably, this trader was an early buyer of both $POPCAT and $WIF , having realized $2.71M in profits from these tokens so far. Currently, the… pic.twitter.com/kGSCD00ibJ — Spot On Chain (@spotonchain) January 14, 2025 Conclusion As cryptocurrency markets continue to evolve, traders like 8TSfB exemplify the proactive approach needed to navigate and profit from market fluctuations. FARTCOIN’s recent price recovery and the trader’s calculated investment underscore the dynamic nature of digital asset trading and the potential for substantial returns in speculative markets. Investors and analysts alike will be watching closely as the trader’s strategy unfolds in the volatile crypto landscape. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: loft39studio/ 123RF // Image Effects by Colorcinch CoinOtag

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Chainlink Launches Cross-Chain Token (CCT) Standard, LINK Adds 6%

On Jan. 15, the Chainlink team announced that the Cross-Chain Interoperability Protocol v1.5 upgrade was now live on mainnet for all developers. The upgrade empowers developers to take their tokens cross-chain “in a self-serve manner” and deploy Cross-Chain Tokens (CCTs) across more than twenty blockchains in minutes, it added. CCIP is a secure and easy-to-use protocol for transferring tokens and messages across various blockchains. New Chainlink CCT Standard The CCIP v1.5 introduces the Cross-Chain Token (CCT) standard, explained Chainlink. The new standard offers developers “full control and ownership, enhanced programmability, and zero-slippage transfers,” it added. “CCIP v1.5 marks a major upgrade to the CCIP developer experience, making it easier than ever to onboard new or existing tokens to the CCT standard and integrate CCIP into cross-chain applications.” It stated that CCTs do not require developers to inherit any CCIP-specific code within their token’s smart contract, and they can deploy pre-audited coin pool contracts to turn any ERC-20-compatible asset into a CCT. The upgrade also includes a CCIP Token Manager which provides a streamlined user interface for developers to launch and manage CCTs. The Chainlink CCIP v1.5 upgrade is now live on mainnet for all developers. This release empowers devs to take their tokens cross-chain in a self-serve manner, deploy Cross-Chain Tokens (CCTs) across 20+ blockchains in minutes, & much more. Full details ↓ pic.twitter.com/9xzahbZVzb — Chainlink (@chainlink) January 14, 2025 Developers can also manage CCT deployments with “Smart Accounts,” which will require approvals from multiple owners to authorize transactions, it added. CCIP will also help increase access to bridged USDC to “help prevent liquidity fragmentation and accelerate DeFi adoption across the multi-chain ecosystem,” it stated. Chainlink community ambassador Zach Rynes tested out the system, reporting that he created a Cross-Chain Token called CLG in a couple of minutes and transferred it between layer-2 networks Base and Arbitrum. Chainlink CCIP v1.5 is awesome I just created a Cross-Chain Token called $CLG in a couple minutes and transferred it between @base and @arbitrum Fully permissionless and no coding required, just used the new CCIP Token Manager to create the token and @transporter_io to… pic.twitter.com/ptpLlVWd17 — Zach Rynes | CLG (@ChainLinkGod) January 14, 2025 In early January, Chainlink partnered with Ripple to accelerate the adoption of the cross-border payments firm’s stablecoin, Ripple USD (RLUSD). LINK Prices Up The protocol’s native token, LINK, gained around 6% on the day to reach an intraday high of $20.60 during early trading in Asia on Wednesday. Like most altcoins, LINK has taken a beating over the past month, falling around 30% from its mid-December high of just over $30. According to Santiment, whales have bought 1.35 million LINK over the past 24 hours, pushing its price back to resistance at $20 following a dip to $18.24 on Monday. The next resistance zone to overcome is around the $24 level, where LINK last tapped on Jan. 6. The post Chainlink Launches Cross-Chain Token (CCT) Standard, LINK Adds 6% appeared first on CryptoPotato . CoinOtag