Students for Trump co-founder Ryan Fournier admitted at X Space to selling 50% of his holdings of the TikTok token supply, causing the project's market value to plunge from $90 million to $5 million. On-chain data shows that Fournier exchanged 505 million TikTok tokens for about $700,000 SOL at 20:28 UTC. Fournier claimed to have been cheated by token founder Asta, but promised to compensate investors $50,000. Previously, Fournier was publicly refuted by Eric Trump for spreading false news about...
Students for Trump联合创始人Ryan Fournier在X Space承认抛售其持有的50% TIKTOK代币供应量,导致项目市值从9000万美元暴跌至500万美元。 链上数据显示,Fournier于UTC 20:28将5.05亿枚TIKTOK代币兑换为约70万美元SOL。Fournier称自己被代币创始人Asta欺骗,但承诺补偿投资者5万美元。此前,Fournier曾因散布特朗普参与RTR代币的虚假消息遭Eric Trump公开驳斥。
Valentin Fournier, analyst at BRN, a digital asset advisory firm, said that this tendency to sell on highs in the near future may stem from concerns about the heightened risk of recession in the United States. Market sentiment has driven the reduction of exposure to risky assets. "Economic reports have increasingly shown that the risk of recession cannot be ignored. The ISM manufacturing index was 0.5% lower than expected, and job openings were 7.70 million, while expectations were 8.10 million....
Valentin Fournier, principal analyst at BRN, said that in addition to accumulating mining rewards, mining companies appear to be buying bitcoin directly from the market to increase reserves. He added: "They triggered the HashRibbon signal, a long-term bullish indicator of the end of miner capitulation and the increase in processing power used to mine bitcoin." One of the miners involved in the massive bitcoin purchase is MARA, which recently changed its name from Marathon Digital and announced T...