This Coin Posted 3,000+% Gains Today

Hello and welcome to Crypto Intel, the twice-weekly newsletter covering the latest updates, breaking news, and exciting opportunities in the crypto world. If you’re not looking for more emails from us, just click here to unsubscribe!

Today, we're tracking a bold new development in state-backed digital assets as one US state explores integrating blockchain into its financial operations. Meanwhile, the memecoin market is facing fresh turbulence after a major token collapse, raising concerns over investor confidence.

On the NFT front, a record-breaking sale is shifting the conversation around digital art, hinting at a potential new direction for the space. Plus, we've got the biggest gainers, upcoming token launches, and a deep dive into the memecoin craze—let's get into it!

Cryptocurrency (Sponsored)

Better than Bitcoin? (top crypto for less than $1)

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought.

Many predict 2025 will be an even bigger year—hitting $200,000 or higher. But there's a better way to profit from this new crypto rally.

Most people don't know about it... and yet it's returned over 1,000% in 4 months.

This could be the #1 way to invest in crypto in 2025.

Get full details here

Adoption

🏛️ Wyoming Eyes Blockchain for State Treasury Operations

Wyoming's Stable Token Commission is pushing for greater financial transparency, with Executive Director Anthony Apollo suggesting the state treasury could eventually run on blockchain. This comes as Wyoming prepares to launch its fully backed stablecoin, which could set a precedent for digital finance in government operations. Apollo believes a real-time, traceable ecosystem would significantly improve financial oversight and citizen access to government spending data.

The stable token, expected to hit testnet in the coming weeks, may launch on Avalanche or Sui, with several blockchain firms competing for token development and distribution roles. However, the selection process has drawn criticism, particularly from Cardano founder Charles Hoskinson, who questioned the transparency of the state's decision-making after Cardano was excluded from consideration. Despite the controversy, Wyoming officials maintain that their process prioritizes security and compliance.

The commission is also exploring ways to make the stablecoin yield-bearing, distributing a portion of interest earnings to token holders. Additionally, they are considering privacy-focused solutions like zero-knowledge proofs to balance transparency with business confidentiality. With blockchain firms finalizing vendor contracts, Wyoming's stablecoin could go live by the end of Q2, potentially setting the stage for broader blockchain adoption in state finance.

Memecoins

🚨 Solana's Memecoin Market Faces Fallout from LIBRA Token Collapse

Galaxy Research has flagged the LIBRA token's apparent rug pull as another blow to Solana's memecoin ecosystem, which was already under pressure following the controversial launch of the TRUMP token in January. LIBRA surged to a $4.5 billion market cap before crashing by 90%, raising concerns over liquidity risks and investor confidence in Solana's speculative token market. The incident has coincided with a broader downturn for SOL, which has slumped against both the US dollar and ether.

The LIBRA token gained traction after Argentina's President Javier Milei publicly endorsed it as a tool for small businesses, but the project unraveled after revelations that its issuer had manipulated the launch for personal gain. Kelsier CEO Hayden Davis, responsible for launching both LIBRA and MELANIA tokens, admitted to pre-loading wallets with large allocations and flipping them for profit. While he denied executing a rug pull, he acknowledged that the plan "went miserably wrong."

With trust in Solana's memecoin sector deteriorating, Galaxy Research warns that investor interest in SOL may weaken further as demand for SOL-denominated assets declines. The report highlights a sharp drop in Solana's market standing since its peak in January, adding that the ongoing volatility could lead to more cautious trading behavior in the ecosystem.

Bitcoin (Sponsored)

Profit from Bitcoin whether it goes UP or DOWN

There's a way to make money from Bitcoin… without risking a penny in Bitcoin.

It's called "Bitcoin Skimming."

With Bitcoin Skimming, you don't have to put a single cent of your hard-earned money in Bitcoin.

And the best part? If — or when — Bitcoin crashes, you don't have to worry. You could keep making money. You might make even more.

In this free video, hedge fund "Market Wizard" Larry Benedict reveals the full details...

Including how you can get started with his simple three-step system right away.

Watch Now

NFTs

🖼️ $3M NFT Sale Signals Shifting Market Trends

In a record-breaking transaction, US-based art collective Kanbas purchased a 1-of-1 NFT by Sam Spratt for $3 million, marking the largest NFT sale in three years. The artwork, "X.Masquerade," is part of Spratt's ongoing "Story of Luci" series and ties into an upcoming invite-only event that allows participants to engage with the artwork through NFT-based gameplay. The purchase has reignited discussions about NFTs' evolving role in digital art and culture.

The sale comes as the NFT market experiences a resurgence, driven by marketing efforts from platforms like OpenSea and a spike in trading volume. However, overall activity remains far below the heights of 2022, with major collections such as CryptoPunks and Bored Ape Yacht Club seeing price declines of 71% and 91%, respectively. Many investors have shifted focus to memecoins, which offer greater liquidity and lower entry barriers.

Despite the broader downturn, Kanbas' purchase suggests that high-value digital art may be emerging as a more stable niche within the NFT space. Rather than speculative profile picture (PFP) projects, the market appears to be gravitating toward art-driven NFTs with long-term cultural and creative value. If this trend continues, it could mark a turning point in the evolution of NFTs beyond their speculative origins.

Crypto Cowboy (Sponsored)

America's Next Currency Crisis Just Started in Texas

The people of Texas are fed up. Like a lot of us, they're sick of being over-taxed and over-regulated.

And they're tired of the U.S. dollar being devalued and inflated by politicians in DC. So, the Lone Star state has taken matters into its own hands... and has begun embracing a new currency.

It's not gold or silver, and it has nothing to do with Texas' huge oil reserves.

But this new currency is already creating enormous wealth for anyone who understands it.

Here's exactly what's happening.

⏩ Future Forward

Big things are on the horizon in crypto! From major industry events to upcoming token launches and airdrops, here's what's coming up next. Don't miss out! 📅

Crypto Conferences:

💎 Web3 CFO Connect by Web3Finance Club (Feb 19, 2025)

💎 Africa Fintech Forum 2025 (Feb 19, 2025)

💎 Step Conference Dubai 2025 (Feb 19, 2025 - Feb 20, 2025)

Upcoming Airdrops:

🎁 Catton AI (CATTON) Airdrop (Feb 20, 2025)

🎁 EigenLayer (EIGEN) Airdrop (Feb 20, 2025)

🎁 GAMBL Airdrop (Mar 2, 2025)

Upcoming Token Launches:

🚀 State 1 (GBCK) IDO on Poolz (Feb 21, 2025)

🚀 Stabble (STB) Public Sale (Feb 21, 2025)

🚀 Skald AI (SKALD) TGE and Distribution (Feb 25, 2025)

Which event are you most excited for? Let us know!

🧠 Crypto Know-How: Memecoins

Memecoins are cryptocurrencies inspired by internet jokes, viral trends, and cultural references. Unlike Bitcoin or Ethereum, which focus on utility and security, memecoins are often launched as humorous, community-driven tokens. Some of the most famous examples include Dogecoin (DOGE), originally created as a joke, and Shiba Inu (SHIB), which grew into a multi-billion-dollar ecosystem.

Despite their playful origins, memecoins have become a major force in the crypto market, with some achieving high trading volumes and gaining celebrity endorsements. Their success largely depends on social media hype, influencer backing, and speculative trading rather than traditional fundamentals like technology or real-world use cases.

While memecoins can offer quick gains, they are also highly volatile and risky. Prices often spike due to viral trends but can crash just as fast. Whether seen as a fun experiment or a speculative gamble, memecoins highlight the power of online communities in shaping the crypto space.

Everything Else

• Kelsier CEO Hayden Davis, creator of the LIBRA and MELANIA memecoins, admitted to sniping both projects and refunded $5 million to Barstool Sports' Dave Portnoy after the LIBRA collapse.

• US-listed Ether spot ETFs have attracted $393 million in net inflows this month, significantly outpacing Bitcoin ETFs, as anticipation builds for Ethereum's upcoming Pectra upgrade.

• Elon Musk's Department of Government Efficiency (DOGE) is crowdsourcing insights on alleged misconduct within the SEC, fueling speculation that regulatory scrutiny on crypto may shift.

• Supporters who previously purchased Trump-branded merchandise can claim a small airdrop of TRUMP tokens.

• The crypto-based prediction platform Polymarket is seeing strong action on bets related to a potential audit of the US gold reserves, with calls for transparency gaining political traction.