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At its peak, DOGSHIT2 had a market cap of over $23 million, although it has since fallen to around $2.4 million. A memecoin believed to have been launched by a law firm to help it build a class-action lawsuit against Solana memecoin creator Pump.fun recently has gained attention in the community, hitting a $23 million market capitalization. Pump.fun was hit with a proposed class-action suit on Jan. 30 by investors alleging every token it helped make is an unregistered security from which it made nearly $500 million in fees. The lawsuit was filed by US law firms Burwick Law and Wolf Popper on behalf of the investors. However, observers within the crypto community quickly noticed the address shown in Exhibit C of the court documents — used to show how easy and quick it is to create a coin — matches the wallet address behind Dog Shit Going NoWhere (DOGSHIT2), leading many to believe the law firms are behind the token.

Meme Culture Influence: Investigating the Role of Internet Meme Culture in UFD’s Branding and Popularity Cryptocurrencies often gain traction due to technology, utility, or financial backing, but meme coins like Unicorn Fart Dust ($UFD) thrive on something entirely different—internet culture and humor. $UFD’s explosive rise to a $240 million market cap within 48 hours can be largely attributed to meme culture and viral marketing. The Power of Memes in Crypto Memes have become a dominant force in digital culture, influencing everything from politics to finance. In the crypto space, meme coins have demonstrated that a strong community and internet virality can be just as valuable as traditional fundamentals. How Memes Drive Crypto Popularity • Viral Marketing: Memes spread rapidly across social media, making them an effective tool for promoting cryptocurrencies. • Community Engagement: Meme-based projects foster strong, loyal communities that drive long-term interest. • FOMO & Speculation: Traders often invest in meme coins simply for the fun and excitement, hoping to catch the next big trend. How Meme Culture Shaped $UFD’s Branding From its name to its marketing strategy, $UFD was designed to capitalize on meme culture. Its branding embraces absurdity, humor, and internet-driven virality, key ingredients for a successful meme coin. 1. The Name: “Unicorn Fart Dust” A successful meme coin needs an absurd yet memorable name, and $UFD nails this formula. The concept of “Unicorn Fart Dust” immediately grabs attention, much like Dogecoin’s (DOGE) Shiba Inu mascot or Shiba Inu’s (SHIB) playful branding. • The name is nonsensical yet catchy, making it highly shareable. • It doesn’t take itself too seriously, appealing to meme investors looking for fun rather than complex utility. • It invites jokes and internet creativity, leading to organic engagement. 2. Social Media and Viral Trends $UFD’s success can be largely credited to Twitter, TikTok, Reddit, and Telegram communities. Influencers and crypto enthusiasts jumped on the meme, helping it go viral. • Hashtags & Memes: “#UFDToTheMoon” and hilarious unicorn-themed memes flooded crypto Twitter, attracting more investors. • Meme Contests & Giveaways: The project encouraged users to create funny memes, gifs, and videos, fueling organic promotion. • TikTok Challenges: Short-form videos featuring “Unicorn Fart Dust” memes spread rapidly, reaching non-crypto audiences. 3. Influencer and Celebrity Endorsements Crypto influencers played a key role in fueling the hype. Many meme coins leverage influencers to create FOMO, and $UFD followed the same playbook. • Crypto YouTubers & Twitter Analysts hyped $UFD as the “next big meme coin.” • TikTok influencers created viral content, bringing in retail investors. • Celebrity Tweets & Memes (whether organic or paid) helped spread awareness. 4. Community-Driven Marketing Unlike traditional cryptos that rely on corporate partnerships and advertising, meme coins thrive on community engagement. • $UFD’s Telegram and Discord groups exploded with thousands of members creating memes, gifs, and jokes. • The project’s “fun-first” approach encouraged participation, helping it trend across crypto forums. • Merchandise and NFT drops further extended its meme appeal, increasing visibility. Meme Culture’s Impact on $UFD’s Market Performance 1. Rapid Price Growth Through Hype Memes create FOMO (Fear of Missing Out), driving massive buy-ins from investors hoping for quick profits. $UFD’s branding and meme appeal helped it skyrocket to a $240 million market cap in just two days. 2. Extreme Volatility & Speculative Trading • Meme coins rely on hype, leading to wild price swings. • Influencer tweets and viral memes can cause sudden surges or crashes in price. • Without strong fundamentals, meme coins often struggle to maintain long-term value. 3. The Risk of Fading Hype Meme-based assets depend on sustained engagement. If the internet moves on to the next big thing, $UFD could see a sharp decline. Can $UFD Sustain Its Popularity? For $UFD to remain relevant, it must keep its meme culture alive while adding real value to its ecosystem. Potential strategies include: • Utility Development: Incorporating staking, gaming, or NFT use cases. • Continued Meme Innovation: Keeping social media campaigns fresh and engaging. • Exchange Listings: Getting listed on major CEXs to attract more traders. Ppp $UFD’s explosive rise showcases the power of meme culture in crypto. Its branding, viral marketing, and community-driven approach fueled its popularity, proving that in the digital age, humor and hype can be just as valuable as traditional fundamentals. However, meme coins are highly volatile, and $UFD’s long-term success will depend on its ability to sustain community engagement and evolve beyond just a joke. Whether it becomes the next Dogecoin or fades into obscurity remains to be seen—but for now, Unicorn Fart Dust is flying high

Getting started with fiat deposits on Bitget is simple and designed to suit users of all experience levels. This guide will walk you through the steps to fund your account using traditional fiat currencies. If you are not familiar with the term, fiat currency is government-issued money, like USD or EUR. Fiat Deposit Methods Bitget offers a variety of fiat deposit methods to accommodate users' diverse preferences and needs. Here's an overview of each method: ● Credit/Debit Card: Deposit funds instantly using your credit or debit card. ● P2P Trading: Engage in peer-to-peer transactions to deposit fiat by directly buying cryptocurrency from other users, often with a wide range of payment options and competitive rates. ● Bank Transfer: Deposit funds in your local currency directly into your Bitget account through supported local bank transfers. ● Cash Conversion: Convert cash into cryptocurrency by connecting with verified merchants or through supported services. ● Quick Buy: Utilise the Quick Buy feature to purchase cryptocurrencies directly with fiat. ● Third-Party Payment Channels: Leverage integrated third-party payment providers to deposit fiat. These methods are designed to provide a secure and efficient way to fund your Bitget account. Please note that each method is only available for certain countries and regions.

Market Performance: Analyzing $UFD Rapid Ascent to a $240 Million Market Cap Within 48 Hours The cryptocurrency world is no stranger to explosive launches, but the meteoric rise of Unicorn Fart Dust ($UFD) has stunned even seasoned traders. Within just 48 hours of its launch, $UFD surged to a staggering $240 million market cap, driven by a mix of speculative trading, meme culture, and social media hype. This article explores the factors behind this rapid ascent, the sustainability of such gains, and what investors should watch out for moving forward. The Birth of a Meme Coin Sensation Launched as a meme-inspired token, Unicorn Fart Dust ($UFD) entered the market with a playful yet eye-catching branding strategy. The token capitalized on the trend of meme coins, where humor and virality often outweigh fundamentals. Its whimsical name, backed by aggressive marketing and influencer endorsements, fueled immediate interest among retail investors and crypto enthusiasts. Unlike traditional cryptocurrencies with clear use cases, $UFD positioned itself as a community-driven asset, similar to Shiba Inu ( $SHIB ) and Dogecoin ( $DOGE ). Early adopters saw the potential for quick gains, leading to a buying frenzy that pushed its valuation into the hundreds of millions within two days. Key Drivers Behind $UFD’s Parabolic Growth 1. Social Media and Influencer Hype Crypto influencers on platforms like Twitter, TikTok, and YouTube played a massive role in $UFD’s rise. Viral posts showcasing the potential for 100x gains attracted a flood of retail investors. Memes, jokes, and community-driven content amplified the coin’s reach, creating FOMO (Fear of Missing Out) among traders. 2. Low Initial Market Cap and Presale Momentum $UFD debuted with a modest starting market cap, allowing early investors to see exponential returns quickly. A well-coordinated presale campaign ensured that liquidity was strong from the outset, setting the stage for rapid price appreciation once trading commenced. 3. Exchange Listings and High Trading Volume Within hours of launch, multiple decentralized exchanges (DEXs) listed $UFD, followed by rumors of centralized exchange (CEX) listings. The high trading volume—reaching tens of millions in a short span—signaled strong market interest, further fueling its climb. 4. Speculation and the “Next Big Thing” Narrative Many traders jumped in not for the fundamentals but for the chance to ride the wave of the next viral meme coin. The speculative nature of meme coins often leads to short-term price spikes, and $UFD became the latest beneficiary of this trend. Sustainability Concerns: Will $UFD Hold Its Gains? While hitting a $240 million market cap within 48 hours is impressive, the big question remains: Can Unicorn Fart Dust sustain this momentum? • Lack of Utility: Unlike established cryptocurrencies with real-world use cases, $UFD’s value is primarily driven by hype. If interest fades, the price could collapse just as quickly as it rose. • Whale Manipulation: Early investors or “whales” who bought in during the presale may choose to cash out, leading to sharp price drops. • Regulatory Scrutiny: With the rise of meme coins, regulators are paying closer attention to projects that appear to be driven solely by speculation. Any legal concerns could impact $UFD’s future. • Market Conditions: If broader crypto markets experience a downturn, riskier assets like meme coins tend to suffer the most as liquidity exits speculative investments. What’s Next for $UFD? For $UFD to maintain or even expand its market cap, the community must remain engaged, and developers must introduce features that extend the token’s utility. Possible strategies include: • Developing a staking or rewards mechanism to incentivize holding. • NFT integrations or play-to-earn gaming collaborations to provide additional value. • CEX listings that could bring in a new wave of investors. Ultimately, Unicorn Fart Dust’s rapid rise showcases the unpredictable power of meme coins, but whether it’s a fleeting pump or the start of something bigger remains to be seen. Investors should approach with caution, recognizing both the massive upside potential and the equally significant risks involved. Final Thoughts The explosive launch of Unicorn Fart Dust ($UFD) is a testament to the crypto market’s ability to generate overnight success stories. However, as history has shown, meme coins can be highly volatile. Whether $UFD can break the cycle and establish itself as a long-term player will depend on sustained community engagement, potential utility expansion, and broader market sentiment. For now, $UFD remains one of the most talked-about tokens in the crypto space, proving once again that in the world of digital assets, anything is possible—even unicorns farting dust worth millions

Alt Coins Decline Reason (IncludingXRP)!!! The cryptocurrency market has seen a sharp downturn in the last 24 hours, with Bitcoin (BTC) dropping below the 100K mark and Ethereum (ETH) losing 5% of its value. This sudden sell-off has resulted in 532 million in liquidations, according to data from Coinglass. As a result, major altcoins have also suffered, with XRP (XRP), Stellar (XLM), and Hedera (HBAR) all declining by over 6%. A key reason behind this decline can be seen in Bitcoin dominance, which is showing a crucial technical pattern. The BTC dominance 4-hour chart has formed a classic rising wedge pattern since January 13. This pattern has played out with higher highs and lower lows, and on January 30, BTC dominance finally broke below the wedge at 59.40%.After the breakout, BTC dominance initially fell to 58.62% but then rebounded for a retest, which took it back to 59.71% today before settling at 59.64%. This retest of the previous support now acting as resistance seems to have triggered the altcoin correction. If BTC dominance confirms this rejection and resumes its downtrend, it could signal a quick recovery for altcoins. A confirmed pullback from here would validate the breakdown of the rising wedge, potentially leading to a strong bounceback for $XRP , $XLM , $HBAR , and other altcoins in the coming days. However, traders should closely monitor BTC dominance. A further decline would signal a shift back towards altcoin strength, but if BTC dominance fails to pull back and instead breaks above this resistance, it could invalidate the bearish wedge pattern. This might indicate market manipulation, leading to continued pressure on altcoins. Thankyou and Thanks for your time