Pump token debuts at 5.5 billion USD FDV, Pengu leads all movers, ETH outperforms

Pump Token has debuted with a fully diluted valuation of 5.5 billion USD, sparking notable market interest. This launch highlights a growing trend in cryptocurrency investments.

In the recent crypto market movements, Ethereum (ETH) has outperformed others, while Dogecoin (DOGE) faces losses during a market downturn.

Significant transactions, including a 2 billion USD Bitcoin transfer, reflect whale activity. Standard Chartered has also become the first global bank to offer BTC and ETH trading, indicating rising institutional interest.

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