Tether’s Q4 2024 report showcases the company’s impressive financial health with $13 billion in profits and record-high US Treasury holdings of $113 billion. CEO Paolo Ardoino is strategically planning to
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7 Altcoins Poised for Huge Growth in Q1 2025
As we enter the first quarter of 2025, the cryptocurrency landscape presents a wealth of opportunities for astute investors and traders alike. Among the standout projects, FXGuys ($FXG) is emerging as a leader in the decentralized finance (DeFi) and proprietary trading arenas. Along with other promising altcoins like GALA, IOTX, and JASMY, these tokens show immense potential for delivering significant returns. >>>JOIN FXGUYS HERE 1. FXGuys: Transforming DeFi and Proprietary Trading Leading the charge is FX Guys ($FXG), which has already amassed over $2.6 million during its Stage 2 presale at a price of $0.04 per token. FXGuys is reshaping the PropFi landscape with cutting-edge features designed for both traders and investors. These include: Staking Benefits: $FXG holders have the opportunity to stake their tokens and earn a 20% profit share from the broker`s trading volume. This setup not only enhances passive income but also aligns with the community`s long-term objectives. Prop Trading Funding Initiative: FXGuys provides retail traders access to accounts funded with up to $500,000. Traders who succeed retain 80% of their profits, fostering a trader-centric environment. Trade2Earn Incentives: Each trade conducted on the FXGuys platform generates $FXG tokens, encouraging trading activity and supporting ecosystem expansion. FXGuys also distinguishes itself as a broker-backed crypto prop firm, offering a bespoke trading platform, FXGuys Trader, and compatibility with platforms like MT5 and cTrader. With no buy or sell tax and decentralized trading that requires no KYC, FXGuys is undoubtedly among the leading defi coins to keep an eye on in 2025. 2. GALA: The Gaming Ecosystem Leader GALA is continuing to reinforce its status within the blockchain gaming industry. The token supports an array of play-to-earn games and serves as a utility for in-game purchases and rewards. As the blockchain gaming sector expands, GALA’s ecosystem-driven growth positions it as a strong candidate for noteworthy gains. 3. IOTX: Facilitating IoT and Blockchain Convergence IOTX is gaining recognition as a frontrunner in integrating IoT devices with blockchain systems as the Internet of Things (IoT) continues to grow. Its decentralized platform offers enhanced security, scalability, and interoperability, making it a project with great promise for Q1 2025. 4. JASMY: Championing Data Sovereignty JASMY enables users to maintain control over their data while monetizing it on a secure, decentralized platform. With data privacy becoming a major global issue, JASMY’s focus on data sovereignty sets it up for potential growth in 2025. 5. ENJ: Driving the NFT Movement ENJ is the backbone of Enjin, a prominent NFT ecosystem that allows gamers and developers to create, manage, and trade digital assets. With the enduring popularity of NFTs, ENJ remains a reliable choice for investors interested in this sector. 6. AURORA: Enhancing Ethereum`s Scalability Aurora utilizes Ethereum`s power while tackling scalability challenges through its high-efficiency protocol. With a rising demand for cost-effective and efficient blockchain solutions, Aurora shows strong growth potential. 7. DYM: Revolutionizing Data Transfer DYM is transforming the way data is shared and monetized through blockchain technology. Its secure and transparent method makes it a compelling option for industries heavily dependent on data exchange. Why FXGuys Stands Out While all the altcoins listed have considerable potential, FXGuys ($FXG) shines due to its unique value proposition and broad benefits. The prop trading funding program and decentralized trading features cultivate a profitable ecosystem for traders and investors. FXGuys’ dedication to instant funding and support for both fiat and crypto deposits further enhances its attractiveness. With the presale already gaining significant traction, FXGuys is poised to be a transformative force in both the DeFi and proprietary trading sectors. Whether you’re a strategic prop trader or a long-term investor, $FXG presents a promising opportunity to capitalize on the next major wave in cryptocurrency. >>>JOIN FXGUYS HERE Conclusion Spotting altcoins with high potential early on can yield substantial benefits as the cryptocurrency market evolves. With groundbreaking projects like FXGuys, GALA, and JASMY leading the charge, Q1 2025 looks to be an exhilarating period for investors. Keep an eye on these projects, and consider making FXGuys a central part of your investment strategy. For more information on FXGuys, follow the links below: Presale | Website | Whitepaper | Socials | Audit CoinOtag
Pump.fun Faces Class Action Over Alleged Securities Law Breaches
Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every token created through Pump.fun constitutes an unregistered security, from which the platform has profited nearly $500 million in fees. Alleged Securities Violations and Investor Losses The lead plaintiff, Diego Aguilar, claims to have suffered financial losses trading three specific Pump.fun-created meme coins, FWOG, FRED, and GRIFFAIN. According to the filing , these tokens were aggressively marketed using meme culture and promises of exponential returns, enticing investors but ultimately leading to significant financial losses. FWOG, for instance, was promoted as having reached a $500 million market cap before its value dropped. “Pump.Fun’s core function is to work alongside influencers to co-issue and market unregistered securities. Inherent to its operations is a novel evolution in Ponzi and pump-and-dump schemes,” read the document. Although the platform does not directly create the tokens in question, the complaint argues that it facilitates and organizes their launch through automated tools, allowing users to create and sell digital assets within minutes. This, according to the suit, makes the company a “joint issuer” of all tokens launched on it. The case names U.K.-registered Baton Corporation, the alleged operator of Pump.fun, and three of its co-founders—Alon Cohen, Dylan Kerler, and Noah Tweedale—as defendants. The plaintiffs are seeking legal relief in the form of rescinding all token purchases, monetary damages for affected investors, and coverage of litigation costs. Criticism and Controversy This is not the first time the platform has faced legal action. Just two weeks earlier, on January 16, Burwick Law filed a separate class-action suit on behalf of investor Kendall Carnahan. That case also accused Baton Corporation and its executives of selling unregistered securities. Specifically, it targeted the PNUT token, a Solana-based meme coin inspired by Peanut the Squirrel that allegedly reached a market cap of $1 billion. The firm’s founder, Max Burwick, has been vocal in his criticism of such sites. On January 15, he publicly condemned them as “the ultimate evolution of multi-level marketing scams, preying on human desperation and the digital attention economy.” A day later, Burwick Law formally announced its legal campaign against the company, alleging that investors had fallen victim to meme coin rug pulls and misleading promises. Pump.fun also faced controversy following its November 2024 introduction of a livestream function to enhance user engagement. Some users quickly abused the feature to broadcast explicit and disturbing content. Following public backlash, the company was forced to shut down the livestream, leading to a marked drop in revenue. The post Pump.fun Faces Class Action Over Alleged Securities Law Breaches appeared first on CryptoPotato . CoinOtag