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The crypto market has seen a significant decline, with Tron (TRX) and Ethereum (ETH) dropping over 7% in 24 hours due to strong economic indicators from the US Fed. TRX has lost 45% from its all-time high, while ETH fell to $3,200 but showed signs of recovery.In contrast, Remittix (RTX) has surged over 32%, reaching a new high of $0.0199, driven by its innovative PayFi solution that enhances cross-border payments. Analysts suggest that while TRX and ETH may recover, Remittix holds greater upside potential in the financial market.
In May 2024, disgruntled employee Jarett Dunn drained $2 million from Pump.fun, leading to his arrest and guilty plea for fraud. The platform, facing regulatory scrutiny, has since blocked UK users and introduced changes like free coin creation and rewards for creators. Despite challenges from competitors, Pump.fun continues to evolve, recently pausing its livestreaming feature due to safety concerns.
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