DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Download on the App Store
Screenshot of DeepNewz app showing story detail view.

PulseChain News

    Top stories

    Memecoin
    Markets
    Blockchains
    PulseChain Surges to 4th Spot as Trump-Backed World Liberty Financial Moves $363 Million to Coinbase, $TRUMP at $18
    Authors
    • Bitcoin.com News
    • Cointelegraph
    • Altcoin Daily
    20
    9 days ago
    PulseChain Surges to 4th Spot as Trump-Backed World Liberty Financial Moves $363 Million to Coinbase, $TRUMP at $18

    PulseChain has surged to become the fourth-largest decentralized exchange (DEX), overtaking several competitors including Sui, Binance Smart Chain (BSC), and Cardano (ADA) within a 24-hour trading volume. This rise is attributed to the recent launch of the Pump•Tires and MOST tokens, with Richard Heart, the founder, holding 78% of the MOST supply. In parallel, World Liberty Financial, a cryptocurrency platform backed by Donald Trump, is actively engaging blockchain projects with token swap deals, reportedly offering terms to purchase at least $10 million worth of tokens. Recently, World Liberty Financial moved over 90% of its treasury, valued at approximately $363 million, including significant amounts of Ethereum (ETH) and Wrapped Bitcoin (WBTC), to Coinbase. Amidst this, the $TRUMP memecoin has experienced volatility, with a trader cashing out 637,000 TRUMP tokens for $12.24 million, locking in an $11.4 million profit. However, the token has seen a steep decline from a peak valuation of $75, with current prices hovering around $18, raising questions about its future performance.