Fire Protocolの‌価格FIRE

Doodles, the team behind the globally acknowledged non-fungible token collection Doodles, has launched its official token, $DOOD. The Doodles NFT team just announced its native token a few hours ago at the NFT Paris event at Grande Halle de la Villette in Paris, France. In this article, we shall exclusively explore more details about the newly launched NFT coin as well as its tokenomics. In a February 13 blog post, the Doodles NFT team, through its X account, confirmed launching its official token “$DOOD” for the Doodles NFT collection. The Doodles NFT team announced the launch of its token while in Paris, France, for the annual NFT event, NFT Paris. Established three years ago, NFT Paris is a yearly non-fungible token event that brings together over 20,000 visitors and over 400 speakers from different regions worldwide to rekindle the NFT fire. The NFT Paris event kicked off today, February 13, 2025, and will run until February 14, 2025. This annual event features high-profile speakers from top NFT brands, including Mr Luca Netz, the chief executive officer of Pudgy Penguins, Sebastien Borget, the Sandbox CEO, and Burnt Toast, the creator of Doodles NFT Collection. Others include Zagabond from Azuki, Robby Young from the Animoca, Vivien Barbara from Pepe, Arthurs Breitman from Tezos, and Michael from the Abstract. Launched in 2021, Doodles is a globally acknowledged non-fungible token collection from the digital artist Burnt Toast featuring a limited edition of 10,000 cartoons hosted on the Ethereum blockchain network. The NFT collection Doodle features a combination of traits, ranging from hairstyles and clothing to accessories and more. Since its inception, Doodles has gained popularity for its distinctive style, presentation, and leadership. In a surprising incident at NFT Paris, the Doodles NFT team launched its native token called $DOOD. The newly unveiled token has a limited edition of 10 billion tokens created on Solana, with a future bridge to Base, an Ethereum Layer Two blockchain network. The NFT team has allocated 68% of the total supply to the community. Of the 68% allocated supply, 30% will go to the Doodles NFT community. Moreover, the Doodles NFT team has allocated 5% to the company, 10% to liquidity, 17% to the team, 25% to the Ecosystem fund, and 13% of the total 68% supply to the new blood. The Doodles NFT collection has skyrocketed to unprecedented heights in light of this great announcement. In the past 24 hours, the Doodles NFT collection has amassed a trading sales volume of 2,940 ETH, up over 400% from the previous day.

In an unusual moment of agreement, Binance — the world’s largest crypto exchange by market cap — and the U.S. Securities and Exchange Commission (SEC) have jointly requested the court for a temporary suspension of their legal scrabble. The motivation: Both parties anticipate a change in regulatory dynamics with the establishment of the SEC’s new crypto task force. This marks the first move toward halting major crypto litigation since Mark Uyeda took over from Gary Gensler as SEC chairman. Binance And SEC Seek An Early Resolution In Lawsuit On Feb. 10, the SEC, Binance, and its former CEO Changpeng Zhao (CZ) filed a joint motion to stay their case for 60 days. The motion notes that the creation of the new crypto task force under SEC Commissioner Hester Pierce (aka Crypto Mom) “may impact and facilitate the potential resolution of this case.” The filing is one of the big moves under the leadership of Acting SEC Chairman Mark Uyeda, indicating a potential shift in the regulatory approach to embrace crypto under President Donald Trump’s regime. “As this is a joint motion, there is no prejudice to any party here, and a stay could save the parties resources because, if an early resolution could be reached, it would obviate the need to continue merits discovery,” the parties postulated. The joint motion also indicated that at the end of the 60-day pause, the two parties intend to submit a joint status report on whether a continuation of the stay is warranted. The ongoing suit was lodged in June 2023. The SEC accused the leading exchange of breaking federal securities laws. The securities watchdog, under the helm of ex-chair Gensler, also initiated lawsuits against major crypto players, including Ripple, Coinbase, and Kraken, contending violations similar to the Binance case. Fox Journalist Shares Bullish Forecast On The Ripple-SEC Case According to FOX Business reporter Eleanor Terrett, the joint filing is the first requested pause on crypto litigation since President Trump named Uyeda as the acting SEC chair on Jan. 20. Consequently, she predicted that other non-fraud crypto litigations, including Ripple’s, might take a similar tactic to deal with its own legal challenges with the SEC. NEW: Here’s the first requested pause on #crypto litigation in the courts since @MarkUyedaUS took over as acting chair. @binance and the @SECGov have just filed a joint motion to stay the agency’s case against the exchange for 60 days, citing the new SEC crypto task force as… pic.twitter.com/D2zcolMNC5 — Eleanor Terrett (@EleanorTerrett) February 11, 2025 The prolonged SEC vs Ripple lawsuit is currently stuck in the Court of Appeals for the Second Circuit. The SEC aims to reverse a game-changing New York federal court ruling, which found that Ripple’s sale of the XRP cryptocurrency to retail traders via crypto exchanges did not constitute investment contracts. XRP is the fourth-biggest cryptocurrency by market cap; its market cap is $139.5 billion. Investors are optimistic that Trump’s presidency could end the lawsuit, paving the way for spot XRP exchange-traded funds (ETFs) as analysts see an increasing likelihood of spot XRP ETF applications getting a green light from the SEC. Ripple CEO Brad Garlinghouse is further pushing for a diversified U.S. strategic crypto reserve that includes XRP — instead of one based only on Bitcoin. XRP’s Looming Parabolic Advance To $8 In the meantime, pseudonymous crypto analyst Dark Defender has suggested that XRP could be poised to reach an intermediate cycle target of $5.85 and a long-term target of $8.76 based on the Elliott Wave Theory in the daily time frame. “XRP almost finalized the consolidation on the daily chart, as seen from the RSI lows. Wave 3 is preparing to fire the bullet against the $5.85 parapet. The short-term is $5.85 and $8.76.” Meanwhile, the SEC’s potential retreat from its appeal against Ripple could boost investors’ confidence in XRP, subsequently propelling the crypto to new record highs.

time to buy $ULTI

Author: John, ForesightNews "The Democratic Republic of the Congo," many people may first hear about this country in the "Weird Little Countries" series by Bilibili UP master Xiao John Khan. As a third-generation Chinese rooted in Africa, James Zhang grew up in the Democratic Republic of the Congo, a country intertwined with poverty and turmoil. Therefore, he understands better than anyone the survival rules in underdeveloped regions of the world—under a youth unemployment rate that often reaches double digits and daily incomes of just a few dollars, any narrative, including Web3, must shed its idealistic facade and become a sharp blade that can cut through bread. In simple terms, African users do not care about ZK-Rollup or modular narratives; they only ask three questions: Can it be cheaper? Is the phone durable? How much can I earn? So under the label of "Africa + smartphones," what Jambo aims to do is not simply map to a "Web3 version of Transsion," but rather, when other crypto phones anchor the elite market at hundreds or thousands of dollars, choose to tear open the fissures of the third world with the $99 JamboPhone: from Africa to Southeast Asia, then to Latin America, and ultimately covering global users, leading everyone to enter Web3 with lower costs and lower barriers. This also reminds me of an important point about Transsion's initial success in Africa, which was its ability to better serve the localized needs of Black users, including the clear identification of selfies—this is another practice of following the mass line and surrounding the city from the countryside. James Zhang repeatedly emphasized in an exclusive interview that when he first encountered crypto technology, he immediately understood that blockchain is not just a financial speculation tool, but a means of "empowerment": it can help at least hundreds of millions of ordinary users bypass traditional financial restrictions and truly enter the global digital economy system. In his view, "what Jambo is doing is precisely bringing a new user group into the Crypto space, rather than competing among existing users." To some extent, JamboPhone is striving to form a capillary network in the decentralized era, thereby reaching hundreds of millions of new users. Finally, James Zhang added, "JamboPhone is not just a phone—it's a movement. We are not competing for existing crypto users, but bringing the next billion people into Web3." This is indeed true; since the concept of Web3 was born, it has carried the gene of inclusiveness. From this perspective, Crypto should not be a playground for speculators, but a springboard for users in underdeveloped regions to leap over financial hegemony and economic system barriers. Especially in regions like Latin America, Southeast Asia, and Africa, where the traditional financial market and economic system are inverted, they are precisely nurturing the coordinates of the main battlefield for the Web3 industry in the next decade. The journey has just begun. Foresight News: I see that your personal background is quite diverse—your ancestral home is in Zhejiang, China, your family has been rooted in Africa for three generations, and you grew up in the Democratic Republic of the Congo. How has this cross-cultural upbringing shaped your worldview? Was there a moment in your childhood that made you realize the value of "connecting different worlds"? James Zhang: Yes, growing up in the Democratic Republic of the Congo as a person of Chinese descent has indeed given me a very different understanding of "Connection," especially in daily life and work in Africa, where I have witnessed many communities still constrained by traditional banking systems, with many unable to use digital tools to solve financial problems. This has also strengthened my belief that technology, especially decentralized systems, can build bridges and create new possibilities where there were previously none. The power of "connecting different worlds" can change countless lives. Foresight News: Has the relatively turbulent and underdeveloped living environment in Africa influenced and shaped your understanding of financial inclusiveness? What opportunities led you to the crypto industry and to fully dedicate yourself to founding Jambo? James Zhang: Absolutely. Seeing many communities relying on cash economies, constrained by inflation and economic instability, made me more aware of the urgency of building an inclusive financial system. Especially when I first encountered crypto technology, I realized that blockchain is not just a financial speculation tool, but a means of "empowerment": Cryptocurrencies can provide financial services to the unbanked, enable near-zero-cost cross-border transactions, and create income opportunities through decentralized networks. It is precisely for this reason that I decided to fully commit to this mission, which also became the impetus for Jambo's birth. So when we discovered that the prevalence of mobile devices was the main bottleneck for Web3 adoption, we decided to focus on developing a powerful smartphone priced at just $99 to support cutting-edge crypto application scenarios and break this bottleneck. Foresight News: When recruiting core members for Jambo, do you also place special emphasis on multicultural traits? What type of talent is currently in high demand? James Zhang: Undoubtedly, Jambo's core philosophy is to achieve global inclusiveness, so we particularly value the cultural diversity and cross-cultural understanding of our team members. For instance, team members who understand different economic backgrounds and lifestyles can help us better design products and solutions that meet global market needs. Currently, we are particularly in need of engineers skilled in blockchain infrastructure, emerging market operations experts, and product designers who can simplify the interaction experience for Web3 newcomers. We also hope to combine different perspectives and professional skills through a diverse team to accelerate the global spread of inclusive finance, truly allowing more people to enjoy the conveniences brought by decentralized technology. Foresight News: JamboPhone allows many emerging market users to access smartphones and benefit from the crypto economy for the first time. How does it translate complex Web3 concepts (like private keys and cross-chain) into intuitive operations in its design? James Zhang: From the very beginning, JamboPhone was designed with ease of use at its core. We integrated multi-chain wallets, a simplified DApp store, and an intuitive onboarding process to eliminate the barriers to using Web3. This allows users to enjoy all functionalities running seamlessly in the background without needing to understand the complexities of crypto technology. Our ultimate goal is to make the Web3 experience as natural as traditional mobile applications. Foresight News: JamboPhone is positioned as an entry point for financial inclusiveness in emerging markets. How does it address the specific challenges faced by users in regions like Africa when accessing financial services? James Zhang: JamboPhone aims to eliminate financial barriers in emerging markets by providing an affordable smartphone that natively supports cryptocurrencies and integrates Web3 services. As we know, many users in Africa, Southeast Asia, and Latin America cannot access traditional banking services. JamboPhone offers secure asset storage, remittance, and decentralized finance (DeFi) participation through its built-in multi-chain wallet. It not only enables low-cost cross-border transactions but also creates profit opportunities for users through interaction and gaming. We believe that by combining affordability, accessibility, and financial empowerment, JamboPhone helps at least hundreds of millions of users bypass traditional financial restrictions and enter the global digital economy. In a sense, these users are the ones who most need the "empowerment" of cryptocurrencies. What Jambo is doing is precisely bringing a new user group into the Crypto space, rather than competing among existing users. For example, our collaboration with Tether/USDT and Solana provides users with savings opportunities denominated in USD, while leveraging Solana's low transaction fees allows users to conduct cross-border transactions at almost zero cost. This is changing the lives of people in regions with severe inflation and difficult capital circulation. Foresight News: Regarding the current state of Jambo's business development, are there any data dimensions (like JamboPhone user coverage, hardware network scale, ecosystem partners, etc.) that you can share? James Zhang: As of now, JamboPhone has sold over 800,000 devices in more than 128 countries/regions, created over 9.5 million wallets, and built an on-chain mobile network with unprecedented decentralized potential. This rapid adoption rate, to some extent, also confirms the strong market demand for a Web3-native mobile experience. Foresight News: With a starting price of just $99, significantly lower than other crypto phones, JamboPhone is clearly more friendly to the mass market. How does it find a balance between cost and performance (through supply chain scaling or ecosystem subsidies)? James Zhang: The core of this question is that what we want to do is not just sell a phone, but provide users with a brand new, affordable Web3 experience. To achieve this, Jambo has established close strategic partnerships with top global electronics manufacturers, leveraging economies of scale to reduce costs while optimizing the supply chain through large-scale component procurement agreements, ensuring that we can keep prices truly affordable while maintaining high performance. We also adopted a vertically integrated approach, eliminating many redundant intermediaries and controlling the efficiency of production, distribution, logistics, and other aspects, which ultimately allows us to bring this highly cost-effective phone to market, achieving our ultimate goal—enabling more people to access Web3 technology rather than turning it into a luxury item limited to a select few. Foresight News: To some extent, the EarnDrop model relies on ecosystem partners to subsidize rewards. How do you plan to avoid user loss due to reduced rewards in the long term? Is there a long-term sustainable revenue mechanism in place? James Zhang: In fact, the EarnDrop model is fundamentally different from traditional passive airdrops. We do not want users to just take the rewards and leave; rather, we want them to earn tokens through deep participation in Web3 activities. Therefore, this token distribution method combines staking incentives and loyalty rewards, encouraging users to hold long-term rather than just obtaining rewards once. Additionally, on JamboPhone, token distribution is tied to each unique physical device, which helps prevent Sybil attacks and ensures that tokens flow to real users rather than bots. For example, in our collaboration with Matr1x, we airdropped FIRE tokens to holders in the Jambo community, and 30 days after the event ended, the token holding rate remained above 70%. This indicates that the participating users genuinely intend to hold long-term rather than just engaging for short-term rewards. We believe that a long-term sustainable revenue mechanism must rely on users' genuine participation and continuous contributions to the ecosystem, rather than solely depending on external rewards and subsidies. Foresight News: How does Jambo benefit from the pre-installed applications on each device, and what impact does this have on user retention and ecosystem growth? James Zhang: Pre-installing Web3 applications is a significant advantage for Jambo. It greatly enhances user conversion rates while effectively reducing customer acquisition costs (CAC). Unlike traditional smartphones that rely on centralized app stores, JamboPhone users can directly access a complete Web3 ecosystem right after powering on the device. This "built-in accessibility" not only reduces user churn but also enhances their daily interactions, such as staking, DeFi, gaming, and earning activities, all of which significantly boost user retention. For Web3 developers, Jambo also provides a zero CAC distribution channel, meaning they can attract new users at a very low cost, rapidly expand the ecosystem, and build a high-quality user base. For instance, Sleepagotchi has a retention rate among Jambo users that is 50% higher than through other channels, which demonstrates the effectiveness of pre-installed applications, appealing to users and laying the foundation for long-term ecosystem growth. Foresight News: Jambo involves both hardware and software experiences, effectively occupying a major entry point for users into Web3. How does this unique positioning enhance user engagement and long-term retention? James Zhang: The combination of hardware and software is indeed a unique advantage. By controlling the mobile hardware layer, Jambo achieves deep integration of Web3 applications with the mobile experience, allowing users to interact directly with Web3 anytime and anywhere. Unlike standalone DApps that face challenges in user discovery and retention, JamboPhone provides seamless access to wallets, DeFi, and decentralized applications from the moment it is powered on. This continuous interaction greatly enhances user retention and ecosystem participation. More importantly, as a hardware product, Jambo monetizes through various touchpoints such as transactions, application discovery, and DePIN infrastructure. By controlling these access and interaction points, we can provide users with a smoother and more coherent Web3 experience, ultimately building a highly sticky and high-value ecosystem. Foresight News: We also see that Jambo's main investors include top VCs like Paradigm, Pantera Capital, Delphi Ventures, Coinbase Ventures, and Tiger Global. Besides providing financial support, what strategic support do they offer to Jambo, and how does Jambo plan to leverage the investor network to accelerate global expansion? James Zhang: The support from investors like Paradigm, Pantera, and Coinbase Ventures goes far beyond financial assistance. They bring valuable industry insights, ecosystem resources, and global strategic guidance to Jambo. These top VCs not only believe in our vision but also provide crucial support in market expansion, product optimization, and accelerating global layout. At the same time, through their networks and resources, we can quickly enter emerging markets and expand partnerships, especially in key regions like Africa, Southeast Asia, and Latin America. More importantly, they help us establish trust within the industry, further strengthening Jambo's position in the global Web3 ecosystem. In the future, we will continue to rely on the support of these investors, utilizing their global networks and industry resources to accelerate Jambo's expansion worldwide, providing more users with high-quality Web3 experiences. Foresight News: Compared to mainstream smartphones that require downloading crypto wallets and Web3 applications, what irreplaceable advantages does a blockchain phone with built-in Web3 applications have? Where do you see its competitiveness, and what role does Jambo want to play in this? James Zhang: The irreplaceable advantages of JamboPhone compared to mainstream phones primarily lie in its ability to break free from the constraints of Apple's and Google's closed ecosystems—traditional smartphones rely on app stores where developers have to pay commissions as high as 30%, and Web3 functionalities face various restrictions, such as access permissions to DApps. In contrast, JamboPhone features a built-in native crypto application store, allowing users to directly access DApps, DeFi platforms, and NFT markets without any permissions. It is also equipped with multi-chain wallets, native token rewards, and on-chain identity verification features, enabling users to enjoy lower costs while truly owning their digital assets and fully experiencing the global crypto economy. In short, JamboPhone breaks the limitations of traditional smartphones, bringing Web3 into the daily lives of mainstream users. By eliminating dependence on centralized app stores, JamboPhone opens the door to a decentralized internet, helping users participate in the global crypto economy more conveniently and at lower costs. Foresight News: I heard that Jambo is actively collaborating with leading exchanges. What exclusive products or partnership developments can users expect in the near future (such as customized phones or integrated Web3 services)? James Zhang: Jambo will collaborate with top exchanges to launch a customized version of JamboPhone, pre-installed with trading applications and offering exclusive benefits, such as instant account opening, fee discounts, and enhanced security features. These integrations will support direct asset exchanges, staking, and DeFi access on the device, while providing fiat on-ramp channels for emerging markets. In the past year, applications from OKX and Coinbase have already been pre-installed on JamboPhone, helping us become important partners in their expansion into emerging markets. Additionally, JamboPhone will incorporate an airdrop mechanism integrated with exchanges. We have already implemented this feature in our own token. By merging mobile technology with exchange services, Jambo is creating a safer and more convenient Web3 entry point for global users, helping more users seamlessly access the decentralized finance ecosystem. Foresight News: We see that Jambo plans to connect global JamboPhone users via satellite. Does this mean that in the future, users will be able to use Web3 services without relying on traditional networks? How will this technology complement existing mobile networks? James Zhang: That's right. Our goal is to establish a truly decentralized mobile network. Through satellite connections, JamboPhone users can easily access Web3 services regardless of whether they are in remote areas or places without access to traditional telecom infrastructure. I believe this will be a disruptive breakthrough for financial inclusiveness, bringing unprecedented financial opportunities to more users globally, especially complementing existing mobile networks to ensure stable Web3 access in areas where traditional networks cannot reach, providing broader services for global users. Foresight News: How will the J token fully integrate into the Jambo ecosystem and user incentive system by 2025? How do you plan to avoid the token becoming a speculative tool? James Zhang: The J token will become the core fuel of our ecosystem, used for staking, governance, payments, and user incentives. We are building a token economy that rewards real users rather than speculators, ensuring the long-term value of the J token. By providing users with actual incentive mechanisms, such as long-term holding rewards and participation mechanisms, we are committed to creating a sustainable, user-driven economic system. We hope that the J token will not only promote the popularization of Web3 but also realize true value among the groups that need it most, bringing more opportunities and changes.

Ethereum ETFs are on fire right now, raking in a staggering $420 million in inflows, while Bitcoin is lagging behind with $173 million. This shift is a big deal for those of us in the crypto space, especially with the trade strategies playing a key role in this fast-changing landscape. Let’s break down what this means and how it could affect Bitcoin and the broader crypto market. $ETH Ethereum ETFs are Leading the Charge The recent surge in U.S.-listed Ethereum ETF inflows highlights a notable trend in cryptocurrency liquidity. Analysts believe the discrepancy in inflows is due to institutional strategies that are focusing on arbitrage opportunities within Ethereum's derivatives markets. The shift towards Ethereum isn't just about technological advancements; it’s also about the clearer regulatory picture surrounding its financial products. Ethereum's ecosystem, with its smart contracts and proof-of-stake mechanism, is paving the way for new financial products that institutional investors are looking for. These include Ethereum ETFs and staking products that give investors direct access to delta-one or staking exposure to ETH. Why Basis Trading is the Go-To Strategy Right Now One major reason behind the uptick in Ethereum ETF inflows is the basis trading strategy. This involves purchasing Ethereum spot ETFs and shorting equivalent futures contracts on the CME, making profits off the price gaps between the two. The CME Ethereum basis trade has been generating returns as high as 16% annually, which is better than Bitcoin's 10%. It makes sense why institutions are more interested in ETH for short-term activities. This is just one of the many strategies that institutional investors are employing to take advantage of Ethereum's unique market dynamics. Ethereum's lower correlation with traditional assets and higher correlation with other crypto assets allows for advanced hedging strategies and better portfolio diversification. Bitcoin vs. Ethereum: Who's Coming Out on Top? While Ethereum is catching up, Bitcoin remains a cornerstone of the cryptocurrency market. That said, the rise of Ethereum ETFs could redirect some investor focus towards Ethereum, possibly impacting Bitcoin's market cap. The influx of institutional capital into Ethereum through ETFs could pave the way for other cryptocurrencies, including Bitcoin, and reinforce the trend of institutional players entering the crypto space. Despite Ethereum's growing interest, Bitcoin’s role as an alternative fiat currency is still strong. Its established position as a less volatile asset and its mature ETF market have made it a go-to option for risk-averse investors. But the competitive landscape is changing, with Ethereum's unique features pulling in a new wave of investors. Market Dynamics: How Ethereum is Impacting Bitcoin's Position The rise of Ethereum ETFs is expected to enhance the overall liquidity and investor confidence in the cryptocurrency market, which could indirectly benefit Bitcoin. A more favorable regulatory environment for Ethereum ETFs could hint at broader acceptance of cryptocurrency ETFs, possibly easing the way for Bitcoin-related financial products down the line. In conclusion, Ethereum ETFs are changing the game in crypto investment strategies and drawing significant institutional interest. The $420 million inflow into Ethereum ETFs reflects confidence in ETH’s structural role within the crypto market, even if price trends are still catching up. As institutional investors continue to explore new trading strategies, the relationship between Ethereum and Bitcoin will be vital in shaping the future of cryptocurrency investment management. These evolving dynamics between Ethereum and Bitcoin highlight the need to stay on top of market trends and investor behavior.