Cryptocurrency
PENGU Pumping, FARTCOIN Reclaims $1B Marketcap as Flockerz Meme Coin Presale Hits $8.4M

Although the past seven days saw leading cryptocurrencies and the broader crypto market drop in value, several coins are defying the downturn. While Bitcoin (BTC) faces a red trend today, Pudgy Penguins (PENGU) and Fartcoin (FARTCOIN) are up 12.11% and 15.63%, respectively.
Besides established meme coins, investors are showing their trust in projects that are yet to realize their full potential and Flockerz (FLOCK) is receiving more attention than most. FLOCK has now raised over $8.4 million for the launch of its token and the world’s first vote-to-earn DAO, with only three weeks remaining before its presale wraps up.
PENGU Shows Resilience and Potential for Future Growth
Pudgy Penguins is a Web3-born brand that features NFT collections, merch, and a clothing brand, all themed around penguins. Since 2021, Pudgy Penguins gathered over 552,000 followers on its X (Twitter) page, and the project has recently released its own token, PENGU.
Designed to provide its holders with governance rights and utility, PENGU entered the market priced at $0.003375 on December 17th, but its price immediately skyrocketed to $0.05019 following the distribution of airdrop rewards to the Pudgy Penguins community and NFT owners.
Although profit-taking saw its price drop to the $0.027 level just a day after its launch, PENGU currently stands at $0.034, representing a 573.53% jump since its launch day.
With its explosive entry into the market, PENGU managed to flip BONK and take its place as the 4th largest meme coin. Although BONK retook its place since, PENGU is just $100 million away from flipping it again, and crypto analyst 0xENAS believes it’s capable of getting closer to PEPE in early 2025.
$PENGU – a new narrative for a new year
Something I haven’t really seen across the timeline despite it being a clear market leader for multiple verticals (NFTs / consumer / meme?)
Pengu is basically a rehash of APE back in the day, except that we’ve got a proper functioning… pic.twitter.com/4BzTK7xCKh
— Eugene Ng Ah Sio (@0xENAS) December 31, 2024
He believes that the launch of Abstract Chain, scheduled to happen this month and developed by Pudgy Penguins, will act as a catalyst that will help propel PENGU to new heights, pointing to a target that exceeds its previous ATH.
Fartcoin Surpasses $1B Market Cap as it Outperforms Most Leading Meme Tokens
Fartcoin entered the market in October 2024, priced at $0.00005908, and reached the $0.02 level by November, with a market cap of $22 million. After crossing the $1 billion market cap milestone for the first time on December 19th, the token reached its ATH of $1.30 the day after, but it halved in value over the next three days.
Although it soared back above the $1 billion market cap during the Christmas rally, fueled by a listing on Binance Futures, it spent most of the second half of December hovering below that level.
Today, Fartcoin crossed above the $1 mark and $1 billion market cap again, which places it well above its 50-day Simple Moving Average (SMA), signaling strong potential for further short-term gains.
Market expert ChartLord believes the previous dip and Fartcoin’s current price are excellent buy zones, predicting the token will soar to the $1.7 mark over the next few days.
Still interested in this $Fartcoin https://t.co/0o8hII6q9s pic.twitter.com/zjbyAdgdg3
— ChartLord (@Call_me_Cypher) December 31, 2024
The token’s technical indicators support that sentiment, with Fartcoin’s long/short ratio of 1.27 showing a slight preference for long positions among traders. Plus, its 14-day Relative Strength Index (RSI) stands at 57.71, suggesting the token has room for upward movement without being overbought.
New Meme Coin Flockerz Hits $8.4M in Presale – 21 Days Left to Join
Flockerz is preparing for the release of its token and the subsequent launch of its DAO, FlockTopia, which will distribute the world’s first vote-to-earn rewards to those using it to vote on key project decisions.
To become eligible for vote-to-earn rewards, users will need to hold FLOCK and cast their votes, which could turn Flockerz into a community-driven token. Investors can currently get FLOCK with a credit or debit card or swap their ETH, BNB, and USDT for the token, which currently costs $0.0065823.
With 21 days left to join the presale, investors also have plenty of time to stake FLOCK and maximize their investment, and the project currently offers a 327% staking APY.
Popular analyst Nass Crypto, followed by over 1 million YouTube users, has pointed out the strength of FLOCK’s community and robust security, often called the two pillars of a meme coin’s success.
Flockerz currently has over 28,000 subscribers across X (Twitter) and Telegram, and its smart contract’s code has been audited by Coinsult and SolidProof, two security firms that found no threats to investor security.
As the end of FLOCK’s presale nears, its per-token price will increase in the following stages, leaving investors with limited time for a low entry point.
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Cryptocurrency
XRP Hits $2.35, Then Dips as Senate Testimony Looms

TL;DR
- Ripple CEO to testify as lawmakers debate XRP’s future under SEC or CFTC oversight.
- The asset token forms a bullish inverse head-and-shoulders pattern with analysts predicting a 12% breakout.
- Court denies Ripple-SEC settlement; Senate hearing and Crypto Week may shape XRP’s classification.
Garlinghouse Will Testify Before the Senate
Ripple CEO Brad Garlinghouse is set to testify before the Senate Banking Committee on July 9. The hearing, titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” will explore how digital assets are traded and regulated in the United States.
Garlinghouse confirmed his participation via X, stating he would speak on the need to pass legislation that defines crypto market structure. He will feature along with Summer Mersinger of Blockchain Association, Chainalysis co-founder Jonathan Levin, and Paradigm partner Dan Robinson. Lawmakers are expected to revisit key questions about oversight, including whether assets like XRP fall under the CFTC or SEC.
I am honored to be invited to testify in front of the Senate Banking Committee this Wednesday on the need for passing crypto market structure legislation. Thank you to @BankingGOP Chairman @SenatorTimScott, @SenLummis and @SenRubenGallego (as leaders of the Subcommittee for…
— Brad Garlinghouse (@bgarlinghouse) July 7, 2025
XRP Breakout Signals 12% Surge
XRP’s price jumped to $2.35 between July 7 and 8 after a sharp rise in trading volume. More than 182 million XRP traded hands during the rally. The price later settled around $2.26, reflecting a slight 0.3% dip in the past 24 hours.
Despite the retreat, crypto analyst Ali Martinez said on X,
“$XRP is breaking out!”
He noted that the token has formed an inverse head-and-shoulders pattern, often viewed as a bullish signal. Martinez said that this setup could lead to a 12% upside in the short term.
$XRP is breaking out! pic.twitter.com/y5S8LdYgXG
— Ali (@ali_charts) July 7, 2025
Meanwhile, traders are watching closely ahead of the Senate hearing. Some expect clearer legal definitions to emerge around XRP’s status. Support for the CLARITY bill, which aims to define regulatory boundaries for digital tokens, could shape how XRP is treated going forward.
Ripple-SEC Case Nears Final Chapter
Garlinghouse’s appearance follows Ripple’s recent decision to withdraw its cross-appeal in its legal case with the SEC. The decision came after Judge Analisa Torres ruled that XRP sales on secondary markets were not unregistered securities. A $125 million penalty tied to earlier sales remains in place.
Both Ripple and the SEC filed a motion to end the case and reduce penalties, but the court denied it. Judge Torres said only the court can revise a ruling. The SEC has not yet confirmed if it will drop its own appeal.
Upcoming Crypto Week May Drive Policy Shift
In addition, the Senate hearing sets the tone for the House’s “Crypto Week,” which begins July 14. Lawmakers will discuss three bills: one on stablecoins, one on market structure, and one addressing central bank digital currencies.
The market structure bill, known as CLARITY, could define how crypto assets are regulated. Ripple may benefit if XRP is officially treated as a commodity. That would put it under CFTC rules and remove lingering questions about its classification.
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Cryptocurrency
Introducing the Zama Confidential Blockchain Protocol

Ask anyone familiar with blockchain what the biggest drawbacks to the technology are: while some specific answers might vary here and there, you’ll likely find that security and privacy concerns are always high on the list, often accompanied by questions about the technology’s speed and the regulation around it.
Then why even use blockchain, if you can’t entirely trust it? After all, you’ve been managing things like finance, governance, and more without blockchain for a long time before this technology came along. What has certainly changed is the growing need for users and consumers, as well as companies and organizations, to receive adequate guarantees that the services they require are provided securely.
Transparency VS Confidentiality?
Blockchain networks are fundamentally transparent, and the fact that everything onchain is public is widely considered positive, especially when it comes to verify transactions. The downside, of course, is that all the key information about the transactions are also available, including data that you’d rather not disclose. This is where the ongoing dilemma plaguing a more widespread implementation of blockchain technology comes in: keeping transactions private prevents verifiability, but without the ability to verify the transactions the lack of transparency exposes users to uncomfortable scenarios.
The line between transparency and confidentiality becomes even more blurred when building decentralized applications (dapps). Today, all transaction details — including balances, transfer amounts, and contract states — are publicly visible onchain; this makes blockchain unusable for many institutional and consumer applications requiring privacy, which is the standard in the world of finance.
The lack of confidentiality is a big obstacle to the mass adoption of dapps, which is crucially the next frontier for blockchain. The past few years have seen a big focus on building stable infrastructures: now it’s time to build upon those infrastructures and create applications that can realise the full potential of blockchain. The key to unlocking this potential is a solution that combines the best of both worlds, shifting the conversation from “transparency VS confidentiality” to “transparency + confidentiality”, as the web did when moving from HTTP to HTTPS.
Solving the dilemma: the Zama Confidential Blockchain Protocol
Transparency, while foundational to consensus, comes at the cost of privacy. It is with the intention to overcome this problem that Zama’s team has been working tirelessly for the past couple of years. An open-source cryptography company building state-of-the-art FHE solutions for blockchain, Zama has long identified Fully Homomorphic Encryption (FHE) – a technology that enables processing data without decrypting it – as the groundbreaking technique that can change the way users, businesses and organizations think about privacy.
From the start, blockchain seemed the perfect environment to dive into and develop the full potential of FHE, a long and complex exploration culminating with the launch of the Zama Confidential Blockchain Protocol.
The Zama Protocol resolves the longstanding tension between transparency and confidentiality onchain. Combining FHE coprocessors, threshold Multi-Party Computation (MPC), and Zero-Knowledge Proofs (ZKPs), the protocol enables private computation in public environments.
This is the most complete confidentiality protocol to date, allowing developers to code fully confidential smart contracts using familiar tools like Solidity without modifying the underlying blockchain by offering a few key elements:
- End-to-end encryption of transaction inputs and state
- Composability between confidential contracts, as well as with non-confidential ones
- Programmable privacy, with smart contracts defining who can decrypt what, making it easy to build dapps that comply with regulations globally
As outlined in the Zama Protocol Litepaper, the protocol introduces a novel cross-chain confidentiality layer that can operate on top of existing blockchains. With these characteristics, the Zama Protocol enables confidential smart contracts to run seamlessly across any Layer 1 or Layer 2 network, extending privacy guarantees without altering the underlying infrastructure.
Beyond FHE
The Zama Protocol heavily leverages the ability to securely compute directly on encrypted data. For this reason, FHE has long been considered the “holy grail” of cryptography, despite slow speed and limitations to ease of use: this is why Zama’s team has worked to deliver a technology that can support any type of application, using common programming languages such as Solidity and Python, while being over 100x faster than a few years ago.
With the goal to create a game-changing comprehensive protocol meeting all the requirements to deliver a fully confidential blockchain, the team worked outside the familiar confines of FHE. As the main component powering the protocol, Zama’s library FHEVM makes it possible to run confidential smart contracts on encrypted data: combining this with MPC to ensure secure collaboration and ZK for verifiability, Zama looks to overcome the main shortcomings of each individual solution.
Unlocking new possibilities
One of the main motivations behind Zama’s dedication to this project is the growing demand for privacy-preserving primitives in blockchain. Whilst there is an increasing interest for solutions from confidential token transfers to stablecoins, from private DeFi to privacy-preserving identity and compliance, none of these can currently be safely deployed on public chains without confidentiality guarantees.
- Finance & Banking: Secure transaction processing, risk modeling, and confidential onchain payments, making blockchain technology suitable for financial institutions.
- Confidential DeFi: Private smart contracts and dapps apps that fully protect user data.
- FHE State OS & Network States: Strong confidentiality for onchain communities and network states, supporting democratic governance while protecting sensitive information.
- End-to-End Encrypted Transactions & State: All data in transactions is encrypted and never exposed, ensuring complete confidentiality.
- Onchain Composability & Data Availability: Smart contract states are continuously updated while remaining fully encrypted, preserving both composability and privacy.
Thanks to this approach, adopters of the Zama Protocol can enjoy all the advantages of the different techniques without limitations: verifiability, decentralization, scalability, composability, security and, crucially, ease of use for developers.
To usher in what aims to be a revolution for onchain privacy with its protocol, Zama has launched a public testnet (read more about it on the official Zama Protocol documentation), providing developers with a ready-to-build foundation for privacy-preserving decentralized applications. This will allow anyone to deploy and test their confidential dapps, as well as enabling operators to coordinate and get used to the operations.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
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Cryptocurrency
Bitcoin Price Analysis: BTC at Risk of Pullback as New ATH Hopes Diminish

Bitcoin has slightly lost its bullish steam upon nearing the $111K all-time high, with strong selling pressure emerging at this key level.
The price continues to struggle in reclaiming this threshold, signaling a likely period of consolidation or corrective movement in the days ahead.
Technical Analysis
By ShayanMarkets
The Daily Chart
Bitcoin’s bullish rally toward its all-time high of $111K has shown signs of exhaustion, with the price losing momentum near this key resistance. The inability to reclaim the previous high around $110K suggests the potential formation of a double-top pattern, a classic bearish reversal signal.
Currently, BTC is consolidating within a critical price range, bounded by the $111K ATH and a fair value gap between $103K and $104K. Given the visible weakness in bullish momentum, a short-term rejection and further consolidation within this zone are likely. That said, the FVG may act as a significant demand zone, potentially halting any deeper corrections and providing the base for another upward attempt toward the $111K mark.
The 4-Hour Chart
On the 4-hour timeframe, BTC failed to print a new higher high above $110K, encountering notable rejection at this resistance. This price action confirms the presence of heightened selling pressure and distribution behavior near the ATH zone, reinforcing $111K as a key barrier.
Bitcoin now trades between two prominent liquidity zones: one just below $105K and the other above $110K. These liquidity pools are attractive targets for institutional players and could drive price volatility in the short term. As such, a range-bound movement is expected between these levels until a decisive breakout occurs, likely triggered by a liquidity sweep in either direction.
Sentiment Analysis
By ShayanMarkets
Over the past 45 days, taker users on Binance Derivatives have persistently engaged in sell-side activity. Despite this, Bitcoin has remained range-bound between $100K and $110K, while the Cumulative Volume Delta (CVD) has shown a consistent negative trend throughout the period.
The CVD, which measures the net flow of buy and sell volume in real time, highlights a clear dominance of aggressive selling pressure. However, the price’s ability to hold steady, without further decline, points to a potential absorption phase, likely directed by institutional investors or large-scale players quietly accumulating.
This ongoing divergence between persistent sell-side flow and stable price action suggests that Bitcoin may be forming a strong base. If the current structure holds, with continued absorption within the range, the likelihood of a bullish breakout increases, potentially setting the stage for a renewed uptrend.
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