Representatives from two protocols that have tokens held by the treasury of World Liberty Financial (WLFI), a crypto project backed by President Donald Trump and his family, are denying the existence of a token swap agreement that required a $10 million - $15 million buy-in to get included in the project. A report from Blockworks on Monday alleged that representatives from WLFI had pitched protocol teams on a deal to get included in the project’s treasury. The deal was they could buy $10 million WLFI tokens plus a 10 percent fee, and WLFI will purchase the same amount of their protocol’s tokens. “There is no token swap agreement,” a spokesperson from TRON told CoinDesk. TRON’s TRX is the second largest holding in WLFI’s wallet, according to on-chain data curated by Arkham. The WLFI wallet currently holds 40.7 million TRX worth $9.3 million. WLFI made these buys in tranches throughout January . Movement Labs, which saw its MOVE token jump in late January when WLFI purchased $2 million of it, and rumors swirled that the team was in discussion with Elon Musk-led Department of Government Efficiency, also denied that there was a swap agreement in place. Rushi Manche, co-founder of Movement Labs, told CoinDesk earlier that they did not send tokens to anyone including WLFI. "There weren`t any deals — any back door deals. It was purely just market buying," Manche told CoinDesk.
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Bitcoin Down 2.5% as China Slaps Retaliatory Tariffs on U.S. Coal
Bitcoin (BTC) and Nasdaq futures faced renewed selling pressure during Asia trading hours on Tuesday as China imposed retaliatory tariffs against the U.S. Beijing imposed a 15% duty on U.S. coal and LNG and a 10% tax on crude oil, agricultural machinery, pickup trucks and large-engine cars. The move came after U.S. President Donald Trump`s new 10% tariffs on China came into effect. On Monday, Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada, offering a relief to BTC. The cryptocurrency`s price staged a remarkable recovery from nearly $92,000 to over $102,000 in hopes that the trade war would be short-lived. China`s fresh action, however, has dented the recovery, sending BTC down to $98,500 at press time. The Nasdaq futures are down 0.6% with the dollar index drawing safe haven bids. CoinDesk
Which of These Two Will Hit $5 First, Cardano or Panshibi, as One Could 100x by July?
The post Which of These Two Will Hit $5 First, Cardano or Panshibi, as One Could 100x by July? appeared first on Coinpedia Fintech News The latest news from the Cardano community points to a monumental shift in its governance structure, even though ADA’s market value has slid by 34% over the past month to $0.7016. Meanwhile, a newcomer named Panshibi ($SHIBI) has grabbed the spotlight among meme coin enthusiasts, promising a structured approach that could aim for a remarkable 100x surge before July. Below, we delve into Cardano’s evolving ecosystem, then examine why Panshibi might be more likely to achieve astronomical gains in a short timeframe. Cardano’s Ongoing Evolution Cardano’s latest news emphasizes a significant development: the Plomin hard fork. By activating this upgrade, Cardano moves closer to genuine community governance. ADA holders can now vote on critical updates, treasury spending and other network proposals, reflecting Cardano’s ongoing transformation into a platform shaped by its users. This transition rests on three main approval criteria, from stake pool readiness to an interim committee’s endorsement. Despite a brief drop of 20% tied to global market volatility, many supporters remain confident in Cardano’s future. They point to its decentralized governance model as a factor that could eventually elevate ADA’s price. For now, recent performance shows the token hovers at $0.7071 —a far cry from the $5 some fans forecast. While the Cardano latest news on the Plomin hard fork hints at promising upgrades, it may not spur an immediate price jump unless major adoption catalysts emerge soon. Panshibi: The Meme Coin Targeting a 100x While Cardano cements governance reforms, Panshibi seeks a more explosive approach. Billed as a meme coin, it has structural elements rarely seen in the niche. Currently priced at $0.004 in its third presale stage, Panshibi has raised over $500k, selling out in the two previous stages. These stats underline robust market confidence in a project that merges playful branding with locked liquidity (10 years), team tokens locked for two years and a Coinsult-audited contract. Panshibi also highlights an AI-driven “social-fi” system, which engages users through interactive quests and staking rewards with enticing APYs. This intersection of meme culture and concrete utility makes Panshibi distinct from quick-flip tokens that rely solely on online hype. Traders keen on seizing new meme coin rockets are thus gravitating to Panshibi, eyeing the possibility of a 100x run in under a year—a prospect that, for many, outshines the slower route Cardano might take to eventually reach $5. Which Is More Likely to Hit $5 First? The latest news from the Cardano camp surrounding community-driven governance confirms that ADA remains a formidable player. Still, the coin’s move from $0.7071 to $5 depends on broader adoption and meaningful utility expansions—factors that typically unfold gradually. Panshibi, however, thrives on meme coin momentum, where explosive growth can happen overnight if significant exchange listings or influencer endorsements align with sustained community hype. While Cardano may offer stability for those who value a deeply technical roadmap, Panshibi appeals to traders seeking rapid gains in a shorter time frame. The success of past meme coins indicates that a well-structured token can skyrocket if it strikes the right balance between playful marketing and thorough security measures, both of which Panshibi provides. In a space where unpredictability reigns, many consider the meme sector more conducive to swift, exponential price hikes. Conclusion Although Cardano’s latest news confirms progress in decentralized governance, ADA’s modest price performance has left some holders wondering when they might see $5. Panshibi ($SHIBI), on the other hand, operates in a meme coin market known for sudden rallies and skyrocketing gains. With its first two presale stages sold out, locked liquidity for 10 years and AI-driven engagement tools, Panshibi seems well-positioned for an ambitious 100x run by July. Whether either coin hits its target first depends on a blend of market sentiment, real-world use and community support—but for risk-tolerant investors, Panshibi’s meteoric potential may prove irresistible in the months ahead. You can participate in the Panshibi presale here: Telegram: https://t.me/panshibi Twitter: https://x.com/panshibi Website: https://panshibi.com CoinDesk