In a bizarre twist, memecoins are challenging the very fabric of cryptocurrency as speculative fervor reaches new heights. The recent incidents surrounding memecoins highlight a disturbing trend, reflecting both the
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Solana Memecoin Santa Trump Will Skyrocket 15,000% Ahead of Exchange Listing, As Dogecoin and PEPE Fall
Santa Trump could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Santa Trump (SANTRUMP), a Solana memecoin launched today, is set to explode over 15,000% in price in the coming days. This is because SANTRUMP 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 cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Santa Trump 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 Santa Trump could become the next viral memecoin. Santa Trump launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. To buy Santa Trump 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 Santa Trump by entering its contract address – 8ZaP3RBCDK2qBaNEcAqJqrL8c2hcYLtYrVNhpuSgR3rW – 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. 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 SANTRUMP. 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
Wells Fargo Issues Fraud Warning As Scammers Drain $503,910,000 From US Banks in Three Months
Wells Fargo is issuing a warning to US bank customers as new numbers shed light on the amount of fraudulent transfers hitting Americans’ bank accounts. In a new op-ed, Wells Fargo fraud expert Margarita Alvarez says imposter scams are on the rise, with $2.7 billion lost in 2023, according to the Federal Trade Commission (FTC). Imposter scams utilize a wide variety of techniques to steal cash, including fake payment app requests, phony bank alerts and phone calls, and scams involving the cloned voices of friends and family members. To avoid becoming a victim, Alvarez recommends customers use two-factor authentication and official bank app alerts, while remaining extremely vigilant and cautious about unsolicited requests for money or sensitive details. Writes Alvarez in IE Community News, “Providing personal information such as one-time passcodes, passwords, or PINs can give scammers access to your account and funds. Your bank won’t ask you to send a payment or hand over your physical card to prevent fraud. If you get a call asking for that, hang up and call your bank directly.” The warning comes as new data from Statista shows US bank customers lost $503.91 million to fraudulent transfers and payments in the third quarter of this year alone. That’s ahead of fraudulent crypto transfers, at $331.61 million. Statista compiled its data using reports from US consumers to the FTC, based on people who reported losing anything from $1 to $999,999. 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 Wells Fargo Issues Fraud Warning As Scammers Drain $503,910,000 From US Banks in Three Months appeared first on The Daily Hodl . CoinOtag