Token Events

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SLX airdrop sell-pressure repeats, TGE day-one drops more than 40%

Solstice’s SLX token was listed on the Binance Alpha platform on May 25, with a fully diluted valuation of about $230 million; however, due to concentrated sell-offs by airdrop recipients, SLX fell by about 30% from the intraday high within a few minutes of listing, and when CoinGecko issued a warning, the decline had already exceeded 40%. OneSafe research shows that about 64% of airdrop recipients sold the tokens immediately after distribution. TGE Timeline and Price Data: Confirming the Number
SLX1.65%
LINEA1.30%
JUP0.29%
MarketWhisper·05-26 03:43
SLX airdrop sell-pressure repeats, TGE day-one drops more than 40%

Tether and the Georgian government co-launch the GEL₮ stablecoin; the National Bank has approved the issuance rules

GEL₮ is a stablecoin launched by Tether in cooperation with the Georgian government, pegged to the Georgian lari. It will be issued on-chain under the national regulatory framework, showcasing a path of private stablecoins plus government cooperation. The framework draws on the GENIUS Act, MiCA, and VARA, aiming for interoperability with U.S. rules. GEL₮ focuses on low transaction fees, near-instant settlement, and programmable payments. It demonstrates Tether’s strategy to expand from a single USDT into a multi-asset stablecoin infrastructure, and uses this model to drive stablecoin applications in emerging markets.
MarketWhisper·05-26 03:13
Tether and the Georgian government co-launch the GEL₮ stablecoin; the National Bank has approved the issuance rules

Arthur Hayes: Monetary privacy will become necessary; Zcash is the second-largest position

BitMEX co-founder Arthur Hayes published on X on May 22 his “Holy Trinity” holdings: HYPE (Hyperliquid), NEAR, and ZEC (Zcash). Hayes said that as tech giants, governments, and AI expand surveillance, currency privacy will become necessary—this is why he listed Zcash as his second-largest holding. Zcash (ZEC): Privacy Demand, Quantum Risks, and Grayscale ETF Filing Multicoin Capital disclosed in May 2026 that it has been accumulating ZEC since February; since then, ZEC surged to $642 (a five-mon
ZEC-0.21%
HYPE-5.26%
ETH-1.99%
ASTER-0.74%
MarketWhisper·05-26 02:57
Arthur Hayes: Monetary privacy will become necessary; Zcash is the second-largest position

ESPORTS project team dumps 28% of its tokens, and the token price plummets 95% after the news breaks

On May 26, on-chain analyst Yu Jin monitored that the sell-off from addresses associated with the ESPORTS (Yooldo Games token) project totaled 253 million ESPORTS tokens, cashing out 17.29 million USDT. This amount accounts for 28% of the total supply of ESPORTS tokens. The ESPORTS price crashed 95% to $0.035, with market value evaporating by over $100 million in 24 hours. Sell-off Details: Timeline, Scale, and BNB Conversion Path According to Yu Jin’s monitored data, the sell-off was split into
ESPORTS-7.22%
MarketWhisper·05-26 02:06
ESPORTS project team dumps 28% of its tokens, and the token price plummets 95% after the news breaks