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TRUMP Token Team, as Leading MET Airdrop Recipient, Aided Price Declines

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The team behind the Official Trump (TRUMP) meme coin on Solana—three wallets linked to its developer and early liquidity providers—received approximately $4.2 million in MET tokens from Meteora’s airdrop on October 23, 2025.

This positioned them as one of the top 5 recipients and effectively the leading cluster among identifiable entities, sparking controversy over potential “airdrop farming” and immediate selling pressure on MET’s price.

Arkham Intelligence tracked the wallets, which provided Day 1 liquidity for TRUMP on Meteora’s DEX. These included: The TRUMP developer address. Two additional addresses that seeded significant early liquidity for TRUMP.

The wallets collectively claimed ~6.2 million MET tokens valued at $4.2M at launch price of ~$0.68 per token. All three wallets deposited the full allocation to OKX exchange within hours, contributing to MET’s 40% price drop from $0.68 to $0.51 on debut trading.

Meteora distributed 15% of its 1 billion MET supply ~150 million tokens to liquidity providers and ecosystem participants. While individual top recipients aren’t fully public, the TRUMP-linked cluster stands out as the largest disclosed group, outpacing typical retail claims many under $1,000.

This distribution was rewarded for providing liquidity on Meteora pools, but critics argue it highlights insider advantages in Solana’s DeFi ecosystem, where high-volume providers like TRUMP’s team dominate rewards without vesting periods or sybil resistance.

MET’s launch saw heavy selling from airdrop recipients, including the TRUMP wallets, exacerbating a post-airdrop correction common in Solana projects (e.g., similar to JUP or PUMP.fun teases).

X discussions exploded with accusations of “gaming the system” and “rug pull vibes,” especially amid a class-action lawsuit against Meteora’s co-founder Benjamin Chow for alleged pump-and-dump schemes involving TRUMP-related tokens like MELANIA and LIBRA.

Separate wallets tied to MELANIA received ~$1.2M in MET, but these are linked to a different team. The event coincides with heightened Trump crypto hype, including World Liberty Financial’s $550M+ raises and rumors of policy favors such as pardons for figures like Binance’s CZ. However, it underscores risks in meme coin liquidity farming.

The implications of the TRUMP token team being the leading recipient of the Meteora (MET) airdrop are multifaceted, affecting market dynamics, community trust, and the broader Solana DeFi ecosystem.

The TRUMP team’s rapid deposit of ~6.2 million MET tokens ($4.2M) to OKX contributed to a 40% price drop from $0.68 to $0.51 on MET’s launch day. Large-scale dumps by top recipients amplify post-airdrop corrections, common in Solana projects like JUP or PUMP.

Heavy selling by prominent recipients signals potential lack of long-term commitment, deterring retail investors and stabilizing MET’s market cap ~$263M, rank #269. Future price recovery depends on broader Solana momentum and Meteora’s utility growth.

The concentration of ~2.8% of the airdrop supply in three TRUMP-linked wallets fuels accusations of “airdrop farming” and insider favoritism. X posts highlight community frustration, with terms like “rug pull vibes” and demands for fairer distribution.

The airdrop rewarded high-volume liquidity providers (LPs) like the TRUMP team, exposing flaws in Solana’s DeFi reward systems. Without checks (e.g., vesting or caps), large players can dominate, skewing decentralization.

Similar patterns in Solana meme coins suggest a trend where well-funded teams exploit airdrops, potentially stifling smaller participants and innovation. It highlights how political branding can intersect with DeFi, but also risks associating projects with speculative volatility.

Large airdrop claims and quick liquidations could attract attention from regulators, especially amid lawsuits and pump-and-dump allegations, impacting Solana’s reputation as a DeFi hub.

The backlash may push Meteora and similar platforms to adopt vesting schedules, anti-sybil measures, or tiered rewards to prevent whale dominance. This could stabilize future airdrops but may reduce short-term hype.

Retail traders may grow warier of airdrop-driven projects, favoring tokens with locked allocations or transparent distribution. Meteora may need to address community concerns via governance updates to restore trust.

Robinhood Lists HYPE, Marking a Milestone for Hyperliquid

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Robinhood became the first major centralized cryptocurrency exchange to list HYPE, the native token of the decentralized perpetual futures exchange Hyperliquid.

This spot trading listing is available to eligible U.S. customers via the Robinhood app, allowing users to buy, sell, and hold the token directly. The announcement, shared via Robinhood’s official X account, has ignited significant market activity, with HYPE surging over 13% in the immediate aftermath to highs above $40.87 as of October 24.

As a commission-free broker with millions of retail users, Robinhood’s move broadens HYPE’s accessibility beyond decentralized exchanges (DEXs). This is particularly notable since larger players like Binance and Coinbase have not yet listed it, despite high demand.

Historical Robinhood listings like BNB and CRV have often led to short-term volume spikes and liquidity boosts. Hyperliquid, a leading on-chain perp DEX, recently reclaimed the top spot in perpetual DEX trading volume, surpassing CZ-backed Aster and Lighter.

It generated $4.26 million in fees over the past 24 hours as of October 23, with portions allocated to HYPE buybacks. Coinciding with the listing, Hyperliquid Strategies filed with the SEC for a $1 billion raise to fund HYPE token buybacks, holding ~12.6 million HYPE valued at ~$470 million plus $305 million in cash reserves for further purchases.

HYPE has been a top performer in 2025, up over 66% year-to-date, though it pulled back from a $60 ATH amid broader market corrections. HYPE broke out from a descending wedge pattern post-listing, recovering from an intraday low of $35 to above $40.

Analysts project a potential rally to $56.50 a ~40% upside from current levels by November, supported by increased retail exposure and whale accumulation in leveraged longs. However, near-term support sits at $35, with risks tied to overall crypto market volatility.

Hyperliquid is a decentralized perpetual futures exchange (DEX) built on its own layer-1 blockchain, specializing in on-chain perpetual futures trading. Hyperliquid recorded $4.26 million in fees over the past 24 hours, reflecting high trading activity. Its perpetual futures markets support a wide range of assets, offering up to 50x leverage on some pairs.

The native HYPE token powers the ecosystem, with a portion of trading fees used for buybacks, enhancing token value. Hyperliquid Strategies’ recent SEC filing for a $1B raise aims to further bolster HYPE buybacks, holding 12.6M HYPE ($470M) and $305M in cash reserves.

All trades are executed and settled on Hyperliquid’s L1 blockchain, ensuring transparency and security without reliance on centralized custodians. Competitive fee structures maker/taker fees typically lower than centralized exchanges attract high-frequency traders.

Deep order books and tight spreads, driven by market makers and retail participation, especially post-Robinhood listing. No KYC requirements, appealing to DeFi-native users, though Robinhood’s listing now bridges to retail with KYC.

Hyperliquid outpaces other perp DEXs, with daily volumes often exceeding $1B. Growing rapidly, fueled by DeFi adoption and recent mainstream exposure via Robinhood. Supports major cryptos (e.g., BTC, ETH) and altcoins, with plans to expand offerings.

HYPE’s listing on October 23, 2025, as the first major centralized exchange to offer it, has boosted on-chain activity. Spot trading on Robinhood complements Hyperliquid’s perp markets, potentially driving cross-platform arbitrage.

HYPE’s 13% surge to ~$40.87 post-listing reflects increased perp trading interest, with leveraged longs accumulating. Analysts eye $56.50 as a near-term target if volume sustains. Hyperliquid’s on-chain perp trading combines DeFi’s trustlessness with high-leverage derivatives, rivaling centralized exchanges like Binance.

Its low-cost, high-speed L1 and fee-driven HYPE buybacks create a self-reinforcing ecosystem. However, risks include market volatility and regulatory scrutiny, especially with the SEC filing. For traders, Hyperliquid offers a robust platform for perps with DeFi’s transparency.

This listing underscores Robinhood’s aggressive push into DeFi assets, following recent additions like BNB, ASTER, XPL, and VIRTUAL. For Hyperliquid, it validates its “everything exchange” positioning amid rising competition in on-chain trading.

More Than a Token: Join the $HUGS Movement & Vote on Real-World Charity, Whitelist Almost Full!

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This isn’t just another digital asset; it’s a project dedicated to turning the brand’s message of kindness into tangible action. A significant portion of the ecosystem’s revenue is dedicated to a Charity Pool. Through a DAO, the Milk Mocha community will collectively decide which initiatives to fund, from disaster relief to educational programs. Critically, all donations will be recorded transparently on the blockchain, a feature that has resonated strongly with participants.

The opportunity to get in $HUGS token is drawing to a close. The whitelist granting access to the presale is now nearing its maximum capacity, and a primary driver for this rush is the project’s deep-rooted commitment to real-world goods.

A Global Brand Enters a New Economy

The $HUGS token is the central currency for a new digital economy built around the two globally recognized cartoon bears, Milk Mocha. For millions of people, their interactions are a daily source of comfort, and this project channels that deep emotional connection into a community-owned ecosystem. The foundation is an established and beloved brand, which has provided the basis for an explosive initial response. The presale, which is only accessible via the nearly-full whitelist, is structured in 40 weekly stages. It begins at a highly accessible price of $0.0002 and increases incrementally each week. This design provides a clear and transparent advantage to early participants. For instance, an investment of just $100 in Stage 1 would secure 500,000 $HUGS, demonstrating the value for those who join at the beginning.

A Community Empowered to Give

At the heart of the project’s “kindness” message is its community-first governance structure. Holders of $HUGS are not passive spectators; they are active participants in the project’s future through the Milk & Mocha DAO (Decentralized Autonomous Organization). This system utilizes “HugVotes,” allowing community members to propose and vote on key decisions that shape the ecosystem’s direction. Voting power is determined by the amount of $HUGS a holder has staked, ensuring that those with the most significant long-term commitment have the strongest voice. This framework puts the community in charge of everything from the theme of the next NFT collection to the allocation of marketing funds and, most importantly, the selection of charitable causes to support.

Provable Good: How On-Chain Charity Works

This is where $HUGS truly stands apart. The commitment to charity is not a simple promise; it is a core, structural feature of the ecosystem. A dedicated Charity Pool is funded by a significant portion of the ecosystem’s revenue. The community, using the DAO, collectively decides where this money goes.

  • Community Choice: Holders vote on specific initiatives, which can range from disaster relief efforts to educational programs.
  • Full Transparency: Critically, all donations will be recorded transparently on the blockchain.
  • Verifiable Impact: This mechanism allows every single member to see and verify the tangible, real-world impact of their community’s contributions. This dedication to “provable good” is a key reason so many are rushing to join the whitelist, wanting to be part of a community that makes a measurable difference.

A Self-Sustaining, Utility-Driven Ecosystem

This entire charitable and governance model is supported by a robust, utility-driven economy designed for long-term sustainability. The project is building a self-sustaining system where the token serves as the central currency.

The planned Milk & Mocha Metaverse and gaming platform will operate on a “token loop,” an intelligent model where tokens spent by players are systematically recycled. A portion will go to a reward pool for players, another to the burn mechanism to reduce supply, and the rest to the Ecosystem Treasury for future development. Furthermore, $HUGS will be the only currency for exclusive NFT collections and official merchandise, like plushies. This creates constant, direct demand for the token, fueling the entire economy.

Your Last Chance to Join a Movement of Provable Kindness

The Milk & Mocha token is a formidable new presence, built by combining a powerful, globally loved brand with a multi-faceted utility ecosystem and a truly empowered community. The overwhelming response, clearly evidenced by the nearly full presale whitelist, shows that a project built on a foundation of transparent, on-chain giving and shared ownership connects deeply with people. The time for consideration is officially over. The doors to Milk Mocha ground-floor opportunity are closing, and the chance to be a founding member of this unique digital universe, one built on a core principle of provable kindness, is about to become a matter of history. This is the final opportunity to join.

 

Explore Milk & Mocha Now:

Website: ??https://www.milkmocha.com/

X: https://x.com/Milkmochahugs

Telegram: https://t.me/MilkMochaHugs

Instagram: https://www.instagram.com/milkmochahugs/

Zero Knowledge Proof Whitelist Coming Soon: The Institutional Turn Toward Proof-Based Cryptography

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The next phase of blockchain adoption isn’t about speculation. It’s about integration. Governments, financial institutions, and enterprises are turning to proof-based cryptography to balance privacy, compliance, and scalability in a single system. At the center of this global pivot stands Zero Knowledge Proof (ZKP) a project merging mathematical verification with regulatory confidence.

With its whitelist opening ahead of the public presale, ZKP is quietly positioning itself among the top crypto coins for enterprise and institutional adoption. Its proof-based framework provides exactly what policymakers and corporations have demanded for years: verifiable compliance without exposure.

The global narrative is shifting from “decentralization versus regulation” to “verification through cryptography.” ZKP is the technology making that shift possible.

The Compliance Catalyst: Proof Without Exposure

For years, regulators have struggled with blockchain’s transparency problem. While public ledgers allow anyone to trace transactions, they also expose sensitive financial data. That level of visibility creates compliance issues, not solutions.

Enter ZKP’s architecture, a model built on zero-knowledge proofs. These proofs allow one party to verify that a statement is true without revealing the underlying data. In practical terms, that means:

  • Financial institutions can prove transactions comply with AML and KYC laws without exposing customer identities.
  • Governments can audit blockchain-based systems without accessing private ledgers.
  • Enterprises can meet transparency requirements while maintaining confidentiality.

This architecture provides the foundation for regulation-ready decentralization, the long-sought middle ground between crypto’s ideals and institutional realities.

Analysts tracking enterprise adoption trends already list ZKP among the top crypto coins 2025, precisely because it offers a trust mechanism compatible with both market innovation and government oversight.

From Privacy Coins to Proof Infrastructure

Privacy in crypto has often been misunderstood. Early privacy coins, while revolutionary, were built in opposition to regulation, offering complete anonymity but little auditability. ZKP’s proof model changes that entirely.

Instead of hiding information, ZKP makes information provable. A transaction, identity credential, or smart contract outcome can be verified without disclosing raw data. The difference is philosophical and functional.

Where privacy coins asked the world to trust secrecy, ZKP demands nothing; it proves correctness through cryptography. That makes it not just a tool for users, but an instrument for regulators and enterprises alike.

This alignment with real-world governance frameworks is what sets ZKP apart from typical top crypto coins. It’s privacy designed for compliance, not against it.

The Whitelist: Early Access to the Institutional Era

The ZKP whitelist is opening before the presale to allow qualified investors, developers, and partners to gain early access to the ecosystem shaping this proof-based future.

Unlike many presales built on hype cycles, ZKP’s early access phase is structured like an institutional onboarding. Participants are offered detailed technical documentation, compliance-grade whitepapers, and ecosystem briefings that highlight ZKP’s integration roadmap across finance, data verification, and digital identity sectors.

For investors, this means the opportunity to enter before the institutional wave begins. For developers, it’s an invitation to build within a verified economy that prioritizes security, interoperability, and real-world utility.

ZKP’s whitelist doesn’t mark the start of a speculative race; it marks the entry point into an infrastructure movement.

Global Momentum: Governments Are Paying Attention

Across the globe, the momentum behind zero-knowledge cryptography is accelerating.

  • The European Union is exploring proof-based digital ID frameworks to comply with GDPR while ensuring verifiable data.
  • The S. Department of Defense has invested in research for zero-knowledge proofs to secure communication systems.
  • Asian fintech hubs are piloting proof-based transaction systems to balance financial transparency and data sovereignty.

ZKP’s design sits at the intersection of all these initiatives. It’s not just another blockchain; it’s a cryptographic foundation capable of supporting both public-sector and private-sector infrastructure.

That’s why institutional analysts are watching it closely, grouping it with the top crypto coins to buy for exposure to the next stage of blockchain integration. As proof-based systems become the global compliance standard, ZKP is already technically aligned for implementation.

Why Proof Is the New Trust

For decades, financial systems have relied on intermediaries to establish trust. Blockchain replaced intermediaries with transparency. Now, ZKP takes the final step: it replaces transparency with proof.

In a proof-based financial system, everything can be verified mathematically: from asset reserves to compliance status to voting outcomes. This model reduces risk, automates auditability, and ensures security at scale.

For enterprises, it means eliminating data exposure while maintaining regulatory accountability. For governments, it means the ability to verify without surveillance. For investors, it means entering a market segment that solves one of crypto’s oldest challenges.

That combination of privacy, compliance, and scalability is what positions ZKP as one of the top crypto coins 2025 and a pillar of blockchain’s institutional future.

The Shift Has Already Begun

The crypto industry has matured past speculative trading. Institutional infrastructure, cross-border regulation, and enterprise blockchain adoption are defining the next growth phase. ZKP’s proof-based architecture arrives at precisely the right time, offering a framework where privacy, security, and compliance are not opposing forces but interconnected layers.

As the whitelist opens, early investors aren’t just buying tokens. They’re entering the infrastructure phase of blockchain, the layer where global systems verify truth itself.

ZKP isn’t promising disruption; it’s delivering alignment. Between regulators and innovators. Between privacy and transparency. Between belief and proof.

And that balance is exactly what makes it one of the top crypto coins worth watching as the world shifts toward a verifiable, proof-driven economy.

Alibaba Launches New AI Chatbot in Renewed Push for Consumer Market Dominance

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Alibaba Group Holding Ltd has launched a new artificial intelligence chatbot assistant within its Quark app, deepening its push into the consumer AI space currently dominated by ByteDance and Tencent.

The launch marks a significant shift for the Chinese e-commerce giant, which has traditionally focused its AI innovations on enterprise clients through its cloud division.

The new chatbot, announced on Thursday, is integrated directly into Quark — an app that began as a simple browser but has since evolved into Alibaba’s flagship consumer platform. The company said the AI assistant allows users to interact through text or voice, offering real-time information, conversational assistance, and service integration. The service is free to use and powered by Alibaba’s latest Qwen3 models, which boast enhanced reasoning, comprehension, and task execution capabilities.

Quark’s AI assistant aims to redefine how consumers search, communicate, and access services on mobile devices.

The move represents Alibaba’s renewed attempt to establish a foothold in China’s competitive consumer AI market, which is increasingly being shaped by rivals. Despite being among the first to launch a public AI assistant app, Alibaba’s previous platform, Tongyi, failed to achieve widespread adoption. According to data from AI product tracker Aicpb.com, Tongyi recorded just 6.96 million monthly active users in September 2025.

In contrast, ByteDance’s Doubao commands a massive 150 million active users, making it China’s clear market leader in consumer AI assistants. DeepSeek, another fast-growing competitor, had 73.4 million users, while Tencent followed closely with 64.2 million.

Alibaba’s struggle to replicate its dominance in e-commerce within the consumer AI space has long been viewed as a strategic weakness, especially as its domestic rivals have leveraged vast social media ecosystems and entertainment platforms to accelerate adoption. The new integration within Quark signals an effort to pivot toward a broader consumer base by embedding AI features directly into an existing app that already has a loyal user community.

The company’s renewed push comes as global competitors such as Google, Microsoft, and OpenAI continue to expand their reach with platforms like Gemini, Copilot, and ChatGPT. In China, where strict regulations limit foreign AI services, local giants are racing to deliver high-performing generative AI experiences that match global standards.

Alibaba’s Qwen3 model, which underpins the new Quark assistant, represents the firm’s latest advancement in large language model technology. The model reportedly improves contextual understanding, response accuracy, and multi-turn dialogue handling, aligning with the capabilities of top-tier global systems. Analysts say this upgrade is crucial if Alibaba hopes to compete with ByteDance’s Doubao, which has captured younger demographics through integration with the Douyin ecosystem.

In addition to its chatbot announcement, Alibaba revealed that pre-sales for its new Quark AI Glasses will begin at midnight on Friday through its Tmall platform. The smart glasses, first showcased in July, will retail for 4,699 yuan (about $659.69), with deliveries expected to begin in December.

The AI-powered glasses, which combine real-time translation, augmented reality overlays, and digital assistant features, represent Alibaba’s entry into the rapidly growing market for wearable AI devices — an arena already populated by companies like Meta Platforms, whose Ray-Ban Meta smart glasses have attracted global attention.

The launch underscores Alibaba’s broader strategy to reposition itself as a consumer technology innovator at a time when its traditional e-commerce business faces slowing growth and intense competition from PDD Holdings and JD.com. The company has been diversifying aggressively — spinning off business units, restructuring leadership, and investing heavily in AI and cloud computing.

It is believed that Alibaba’s challenge is not in its technology but in user engagement. While its enterprise AI services are among the most advanced in China, its consumer-facing offerings have struggled to attract mass-market attention due to limited integration with social and entertainment ecosystems.

Still, Alibaba appears determined to reverse that trend. The company is betting on an ecosystem strategy that mirrors Apple’s tightly integrated approach — where hardware, software, and services reinforce one another.