Bitcoin (BTC) has long been the cornerstone of cryptocurrency success stories, turning early adopters into millionaires. Cardano (ADA), Near Protocol (NEAR), and Kaspa (KAS) have also built strong reputations, while Arbitrum (ARB) has shown potential as an Ethereum Layer 2 solution. However, a new coin, OFFICIALMAGACOIN, is now commanding the attention of savvy investors. OFFICIALMAGACOIN Could Deliver 60,000% Returns OFFICIALMAGACOIN has emerged as a unique player, with a record-breaking presale raising over $1 million in minutes. The token is only available at officialmagacoin.com , adding an element of exclusivity that appeals to both retail and institutional investors. Its potential for 60,000% returns has investors speculating that it could mirror or even surpass Bitcoin’s early growth trajectory. Early-Stage Growth Potential: With its presale success, OFFICIALMAGACOIN offers investors a chance to get in on the ground floor of a coin poised for exponential growth. Exclusivity and Scarcity: Available only at its official website, the token creates urgency and a sense of premium access. Affordable Entry Point: At less than $0.20 per token, OFFICIALMAGACOIN provides a low-risk, high-reward opportunity. Comparing OFFICIALMAGACOIN to Competitors Bitcoin (BTC): Established but lacks the explosive growth of a new coin. Cardano (ADA): Reliable but maturing, leaving little room for exponential returns. Near Protocol (NEAR): Focused on Web3 but cannot match OFFICIALMAGACOIN’s exclusivity. Kaspa (KAS): A promising blockchain but with a slower trajectory. Investors eager to secure their position in this promising token can do so exclusively at officialmagacoin.com . With market buzz intensifying, OFFICIALMAGACOIN is becoming a top contender in the race for the next crypto millionaire-maker. EXCLUSIVELY AT WWW.OFFICIALMAGACOIN.COM CLICK HERE to secure your tokens exclusively at OFFICIALMAGACOIN.COM Website: officialmagacoin.com X/Twitter: https://x.com/officialMAGAx Continue Reading: OFFICIALMAGACOIN’s Token Supply Is Dwindling—Prices Could Climb Rapidly
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
AAVE holds above THIS support – 30% rally may be in sight IF…
AAVE could soar by 30% to reach the $380 level if it holds itself above $285. BitcoinSistemi
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Pump.fun Faces $500M Lawsuit: Are Memecoins Securities?
The post Pump.fun Faces $500M Lawsuit: Are Memecoins Securities? appeared first on Coinpedia Fintech News Memecoin platform Pump.fun is once again in legal scoop as a proposed class action lawsuit accuses it of violating U.S. securities laws. The lawsuit claims that all tokens are created on Pump. fun’s platform qualifies as securities, and the company has raked in nearly $500 million in fees by enabling users to launch memecoins . Filed in the Southern District of New York, the case brings up the ongoing debate of when a token is considered a security. Legal Battle Heats Up The lead plaintiff, Diego Aguilar, alleges he suffered financial losses trading Pump. fun-created tokens FWOG, FRED, and GRIFFAIN. Although Pump.fun doesn’t directly create tokens, the lawsuit argues that by providing an automated launchpad for memecoins, the company acts as a “joint issuer.” The suit targets the U.K.-registered Baton Corporation, believed to operate Pump.fun, along with its co-founders. **LAWSUIT ALERT** Burwick Law and @WolfPopperLLP have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform. Full complaint available below. — Burwick Law (@BurwickLaw) January 30, 2025 Protecting the investor interest, Burwick Law and Wolf Pepper LLP jointly filed a lawsuit against the platform for harming investors with memecoin scams and broken promises. The firm says it has been working with people who lost money due to rug pulls and fraud. It also criticized Pump.fun for making hundreds of millions in fees while allowing harmful and offensive content on its platform. However, an X user in his post shared his thoughts on the securities controversy, known as Apate pointing out that memecoins were explicitly excluded from being classified as securities under the 1987 Securities Exchange Act amendment. He also highlights that the SEC lost a similar case in 2019 involving Dogecoin derivatives, suggesting a tough legal road ahead for regulators trying to label memecoins as securities. Not Their First Lawsuit This isn’t the first legal battle for Pump.fun. The same law firm, Wolf Popper LLP, previously sued the company over the PNUT token , which once hit a $1 billion market cap but has since plummeted by 89%. Another suit targeted the HAWK token, associated with influencer Hailey Welch. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Crypto News: Bankman-Fried’s Family Seeks Trump Pardon After Ulbricht’s Release , Market sentiment Despite the controversy and lawsuits, memecoins have seen massive growth in early 2025. A clear sign of this is Pump.fun’s record transaction volume, surpassing even major networks like Solana and Ethereum. In the past month, Pump.fun made $116.72 million in revenue, beating Solana’s $116.46 million and Ethereum’s $107.64 million. In just 24 hours, trading volume hit $295.53 million, with fees soaring to $1.45 billion. Regulatory Challenges Loom Pump.fun has faced scrutiny since its launch, including a warning from the U.K. financial regulator and criticism for its now-disabled livestream feature, which some users misused. 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jQuery.ajax({ url: `https://coinpedia.org/wp-admin/admin-ajax.php`, type: `POST`, data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader(`X-Requested-With`, `XMLHttpRequest`); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We`re sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector(`#subscribe-modal-design .modal`).style.display = `none`; unsubscribemodal.style.display = `block`; unsubscribemodal.classList.remove(`hide`); unsubscribemodal.classList.add(`show`); document.getElementById(`subscribe_` + categoryid).style.display = `block`; document.getElementById(`unsubscribe_` + categoryid).style.display = `none`; var showDownloadReport = document.getElementById(`download_report`); if (showDownloadReport) { showDownloadReport.style.display = `none`; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(`,`); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split(`_`)[0]); let subscribedCategoriesString = subscribedCategories.join(`, `); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById(`selectidname`)) { document.getElementById(`selectidname`).textContent = subscribedCategoriesString; } document.querySelector(`#subscribe-modal-design .modal`).style.display = `none`; subscribedmodal.style.display = `block`; subscribedmodal.classList.remove(`hide`); subscribedmodal.classList.add(`show`); document.getElementById(`subscribe_` + categoryid).style.display = `none`; document.getElementById(`unsubscribe_` + categoryid).style.display = `block`; var showDownloadReport = document.getElementById(`download_report`); if (showDownloadReport) { showDownloadReport.style.display = `block`; } } } catch (e) { console.error(`Error parsing response:`, e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector(`#` + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add(`hide`); modal.classList.remove(`show`); setTimeout(function() { modal.style.display = `none`; }, 500); } else { console.warn(`Modal not found:`, modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector(`.unsubscribed-popup-modal .modal`); if (unsubscribemodal) { unsubscribemodal.classList.add(`hide`); unsubscribemodal.classList.remove(`show`); } setTimeout(function() { unsubscribemodal.style.display = `none`; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector(`.subscribed-popup-modal .modal`); setTimeout(function() { subscribedmodal.style.display = `none`; }, 500); if (subscribedmodal) { subscribedmodal.classList.add(`hide`); subscribedmodal.classList.remove(`show`); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem(`subscribe_without_Login`, `true`); localStorage.setItem(`subscribe_clicked_id`, withoutlogin_id); } document.addEventListener(`DOMContentLoaded`, function() { const subscribewithoutData = localStorage.getItem(`subscribe_without_Login`); const subscribe_clicked_cat_id = localStorage.getItem(`subscribe_clicked_id`); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie(`user_token`); if (subscribewithoutData === `true` && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem(`subscribe_without_Login`); localStorage.removeItem(`subscribe_clicked_id`); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll(`.subscription-options input[type="checkbox"]`); initialListItems.forEach(function(item) { console.log(item.checked, `Initial Checkbox checked status`); }); var listItems = document.querySelectorAll(`.subscription-options li`); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(`input[type="checkbox"]`); if (checkbox) { if (checkbox.checked) { item.classList.add(`active`); anyActive = true; // Set anyActive to true } else { item.classList.remove(`active`); // Remove `active` class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector(`.subscribe-submit .changeBtnText`); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = `Subscribe Now`; } else { subscribeButtonSpan.textContent = `Unsubscribe`; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll(`.subscription-options li`); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(`input[type="checkbox"]`); if (checkbox) { if (checkbox.checked) { item.classList.add(`active`); anyActive = true; // Set anyActive to true } else { item.classList.remove(`active`); // Remove `active` class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the `active` class updateButtonText(anyActive); } document.addEventListener(`click`, function(event) { var clickedItem = event.target.closest(`.subscription-options li`); if (clickedItem) { var checkbox = clickedItem.querySelector(`input[type="checkbox"]`); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } }); BitcoinSistemi