Lookonchain APP

App Store
Feeds Articles

Following Keith Gill's response to a message on Instagram, Meme Coin BP's market cap surpasses $14 million

2 hours ago

**January 29** — Per GMGN monitoring, Solana meme coin BP saw a short-term market cap surge, hitting a peak of $14 million before settling at $13.5 million currently. Its price stands at ~$0.014, marking a 702% 24-hour gain. The key catalyst for the rally? Keith Gill’s brother, Kevin Gill, who publicly confirmed on Instagram that his pet dog is named “Puppy”—sparking a second leg up in price. This morning, a new account allegedly linked to Keith Gill (Barking Puppy, X: @BPuppy80020) posted related images, triggering community FOMO and pushing BP’s market cap to a brief $10 million high. The account went active shortly after BP’s mint, and Kevin added a link to it in his Instagram bio a week ago. The community views this timeline as a “deliberate setup,” fueling further market excitement. Keith Gill (X: @RoaringKitty) is a prominent U.S. retail investor and social media influencer, best known for leading GameStop’s ($GME) 2021 short squeeze rally. **BlockBeats Note**: Meme coin trading is highly volatile, heavily tied to sentiment and hype, lacks real value or use cases—investors should exercise caution with risks.
Add to Favorites Download image Share x Copy link
Relevant content

Bitcoin Faces Resistance at $90,000, Key Resistance Level at $93,000

On January 29, Bitcoin’s rebound toward $90,000 was rejected ahead of the Federal Reserve’s interest rate meeting, pulling back into the $86,000-$90,000 range. Market analysts note the true bullish turning point hinges on reclaiming $93,000 and converting it into support. Technically, Bitcoin’s key resistance levels now sit around the 50-day moving average (≈$90,000) and 100-day moving average (≈$94,000). Analysts say a decisive break above $93,000 (and holding that level) would unlock upside potential, with a target of $98,000—signaling the end of the correction phase. On the capital front, outflows from Bitcoin spot ETFs are clearly cooling. Glassnode data shows the 30-day average ETF net flow has gradually returned to neutral, indicating easing institutional selling pressure. Still, the market leans more on support from existing spot holders than new institutional capital. Capriole data, meanwhile, reveals a sharp drop in corporate Bitcoin purchases—with only Strategy (form

4 minutes ago

The SEC Clarifies: Tokenized Stocks Still Subject to Securities Law

On January 29, the U.S. Securities and Exchange Commission (SEC) released new guidance clarifying that security tokens—including tokenized stocks—still fall under existing U.S. securities laws, regardless of their technological form. Whether issued or registered on-chain or off-chain, federal securities rules (covering registration, disclosure, reporting, and anti-fraud requirements) continue to apply. The SEC stresses that a security’s **nature** takes precedence over its technological form: tokenization merely changes how the asset is issued and recorded, not its legal status. This gives issuers and asset management firms clearer compliance expectations, potentially encouraging more traditional financial institutions to explore security tokenization. The guidance also splits security tokens into two categories: 1. Directly backed and issued by the original security issuer; 2. Issued and backed by third-party institutions. Even if third-party tokens do not grant holders equ

4 minutes ago

Pre-market Crypto Stock Movement Mixed, BMNR Down 2.53%

On January 29th, Bitget market data shows mixed pre-market moves for major U.S. stock indexes: - The Dow was up 0.02%, - The Nasdaq rose 0.17%, - The S&P 500 dipped 0.01%. Cryptocurrency-related stocks also traded mixed in pre-market: - MSTR (-0.47%), - COIN (-0.84%), - HOOD (+0.30%), - SBET (-1.81%), - BMNR (-2.53%), - CRCL (-0.91%).

4 minutes ago

Bybit plans to launch IBAN accounts in February, taking a step towards becoming a "crypto neobank."

On January 29, Bybit CEO Ben Zhou said the crypto exchange plans to launch IBAN-based fiat accounts as early as February, supporting 18 fiat currencies. The move marks Bybit’s accelerated transition from a crypto exchange to a full-service financial provider with neobank capabilities. According to reports, the accounts will launch under the “MyBank” brand and be issued via partner institutions like Pave Bank (a licensed bank in Georgia, U.S.). Users will receive a personal IBAN for cross-border payments, transfers, and free fiat-crypto conversions—with U.S. dollars (USD) as the initial priority before expanding to other currencies. Related services require KYC compliance checks from Bybit and its partner banks, and the launch timeline hinges on regulatory approval progress. Zhou also noted that Bybit is developing real-world asset (RWA) tokenization custody products for banks and large institutions. The firm is evaluating U.S. market expansion and the potential for future U.S. li

4 minutes ago

Solana Validator Node Count Decreases by 68% in Three Years, Small Nodes Priced Out

Cointelegraph reported on January 29 that data shows the number of validator nodes on the Solana network has dropped sharply—from a March 2023 high of 2,560 to the current 795, a 68% decline—sparking market concerns about the network’s decentralization. Industry insiders note that beyond purging “zombie nodes,” the core driver is the ongoing rise in operating costs plus zero-fee competition from large nodes, which is systematically squeezing out small and medium-sized validators. One independent validator operator said many small nodes aren’t bearish on Solana, but the economic model is no longer sustainable: “Without economic viability, decentralization becomes a charitable act.” Meanwhile, Solana’s Nakamoto Coefficient has fallen from 31 to 20 over the same period, a roughly 35% drop—indicating staked SOL control is shifting toward concentration in a handful of large nodes, reducing the network’s decentralization. Cost details include: - A minimum of $49,000 worth of SOL i

4 minutes ago

If Ethereum breaks $3100, mainstream CEX aggregate short liquidation pressure will reach $1.33 billion

January 29th: Per Coinglass data, if Ethereum (ETH) breaks above $3,100, the total short liquidation intensity across major centralized exchanges (CEXs) will hit $1.333 billion. Conversely, if ETH falls below $2,800, the total long liquidation intensity across major CEXs will reach $576 million. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts set to be liquidated. Instead, the bars on these charts represent the relative importance of each liquidation cluster compared to its neighboring clusters—i.e., "intensity." As such, liquidation charts indicate how strongly a target price will be impacted when it hits a given level. A taller "liquidation bar" signals that the price, upon reaching that level, will trigger a more intense reaction due to a liquidity cascade.

4 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

A whale exchanged WIF and Bonk positions for Fartcoin!

2024.12.25 11:01:14

 More

Hot Articles

Follow us

X

Follow

Telegram

Join