Cryptonews

Now, this modest uptick might be attributed to the Solana [SOL] launchpad Bonk.fun, which has announced that a whopping 51% of the fees will be used to buy back BONK, up from the previous 10%. Jolly good show, but will it be enough to save the day? 🤔

ПОДПИСАТЬСЯ НА КАНАЛ

Artificial intelligence (AI) tokens-the crypto world’s attempt to marry blockchain with sentient machines-are currently performing like a breakup playlist at a wedding. 🤖💔 Every major project’s numbers look like my bank account after Black Friday: down, down, and down some more. Sure, bitcoin crawled back to $91K like a cocky ex who thinks they’re still welcome, but the AI crew? Still licking their wounds in the red zone.

Not surprisingly, the company’s social media team is now in the hot seat, trying to explain that they’re just mindlessly typing away and not secretly orchestrating a meme coin empire. Because that would be so like a big, kind-hearted crypto giant to just randomly inspire a bunch of small-time scammers.

And, oh, what a chart it is. Ansem’s analysis presents this move as a “natural checkpoint,” which, in layman’s terms, means, “Don’t panic, folks, we’ve been here before.” After all, Bitcoin’s been wobbling like a drunken uncle at a wedding since it got rejected at $93,000 earlier this week. 🥴

Can you believe it? This cryptic chart whisperer managed to pull off a marvelous falling wedge pattern on the daily chart. Bravo! Also, the Grayscale LINK ETF might as well buy a yacht at its current $48 million stash of assets. Meanwhile, the Strategic LINK Reserves look like a well-stocked pantry with over a million tokens. 😂

Observe! The holdings of Ether, that volatile spirit, have dwindled to a mere 8.7% (a trifle, I assure you!) as of Thursday last. And scarcely improved upon, remaining at 8.8% come Sunday, if we are to believe the pronouncements of Glassnode. A most alarming diminution!