Degen

Daily Discussion Thread - /degen - May 31, 2025

Farcaster

XRP, the native token of the XRP Ledger developed by Ripple, fell to $2.1533 and moved below the 50-day moving average.

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The Sui community has voted to unlock over $160 million in frozen assets following a major exploit of Cetus, a leading decentralized finance protocol on the network.

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bias

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Despite a significant announcement from energy firm VivoPower, XRP is trading at $2.29, down 1.1% in the past 24 hours and over 4% for the week.

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The Sui Foundation has stepped in with a secured loan to help decentralized exchange Cetus fully compensate users affected by a recent $223 million exploit.

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As Pepe holds strong at a $5.5b market cap, new contenders like MIND of Pepe and Pepeto are making waves, each promising to be the next big leap in the memecoin saga.

Why are smart people doing this? (Hint: It 𝘄𝗼𝗿𝗸𝘀)

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Despite progress on Capitol Hill, Tether says the U.S. remains a low priority amid unclear stablecoin rules.

Daily Discussion Thread - /degen - May 25, 2025

Ethereum price rally has stalled in the past 15 days, but Polymarket traders and technicals point to more upside in the coming weeks.

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