Altcoin season is not the same everywhere in the markets. Instead of trading a wide variety of stocks, people are mostly focusing on a few stocks that are easy to buy and sell and have a clear purpose. Pyth, Pum.pfun, and Four are all part of this group for different reasons. Pyth focuses on infrastructure, Pump. fun is about creating memecoins, and Four is related to gaming finance (GameFi). These factors help them gain popularity.
Right now, it seems that traders are not just trying to profit from quick price changes. They are using tokens where the platform keeps being active. This targeted method explains why these three tokens are getting attention, even though they have different uses and designs.
Pyth Network (PYTH): More Oracle Work Happening
Pyth is being sold for about $0. 2367 It has a market value of around $1. 33 billion and there are about 5. 75 billion tokens available. It has nearly doubled in the last 24 hours.
The total amount available is set at 10 billion. The daily trading amount is over $2. 9 billion, which is much more than in previous weeks, and the token’s value has more than doubled in the last seven days, according to CoinMarketCap.
There was a quick rise right after the U. S The Department of Commerce said it will share GDP data using blockchain technology. The project provides live price updates from trading companies and exchanges to decentralized apps.
Its system lets users ask for live prices, which is now an important part of derivatives protocols and DeFi platforms. Pyth’s rise in value is directly linked to its growing use on different blockchain networks, making it one of the most popular infrastructure tokens during this altcoin season.
Pumpfun (PUMP): A website for making tokens.
Pumpfun is currently trading at around $0. 00355 and has a market value of about $1. 2 The number of tokens currently available is about 354 billion out of a total of 1 trillion. Every day, about $290 million is made. The token has gone up nearly 10% in the last day and over 20% in the past week.
The project helps start new tokens on Solana, especially memecoins. Users can easily create tokens and pay a small fee to put them into trading pairs. The easy design of this model has resulted in thousands of new coins being made, which brings Pump. fun consistent income and trading activity.
Its growth depends more on ongoing activity than on basic long-term factors, which helps keep money flowing for PUMP.
Four (FORM): Joining GameFi and Launchpad Activities
Four is being sold for around $3. 66, and its total value in the market is almost $1. 37 The number of tokens available right now is about 375 million, and the total possible amount is 580 million. The daily amount has been between $35 million and $55 million. The price is a little lower than its highest point in early August.
The token helps create a system on BNB Chain that includes gaming, earning rewards, and decision-making. It also helps new projects get started, like fun meme coins and experiments in decentralized finance (DeFi). The project started as BinaryX but changed its name to offer more features.
Current Altcoin Season Overview
The power of these tokens shows that altcoin season can happen in many different ways. Pyth has important support that keeps bringing in new connections. Pumpfun takes advantage of the ongoing need for making new tokens, which keeps things busy and active. Four combines gaming with easy access for everyone, ensuring that its community stays involved.
Instead of a regular increase in prices, altseason is helping tokens that are linked to real platforms or systems. Pyth, Pumpfun, and Four show how specific trends are shaping the market right now.
Eliza Labs is suing Elon Musk’s company, X Corp, because they claim it’s misusing its power and copying their AI products.
Eliza Labs is suing X Corp, which is owned by Elon Musk. They say the company is using its power to hurt competition and copy their technology.
Main Points:
- Eliza Labs has taken X Corp to court for supposedly using its platform power to steal private AI technology.
- The lawsuit says that X wanted Eliza to pay $600,000 a year for a license, and then stopped her account when she refused to pay.
- Eliza claims that X used access to copy its no-code AI tools and stifle competition.
The complaint, filed on Wednesday in a federal court in San Francisco, says that X took important technical information from Eliza Labs using its platform and then suspended the company’s account without any warning.
X Corp is accused of forcing Eliza Labs to pay $600,000 each year for a license.
The complaint says that X pushed Eliza Labs and its founder, Shaw Walters, to use an “Enterprise License” that costs $50,000 each month or $600,000 each year.
After Eliza said no, her account and Walter’s account were suddenly put on hold. The lawsuit says this was part of a bigger plan to get rid of competitors and start selling similar AI products under X’s own name.
“This case is about X Corp using its strong control over the market and feeling safe from being sued to remove users. The complaint states that the company tried to limit competition in the race to create AI agents on its platform. ”
Eliza Labs is famous for elizaOS, a free program that helps computers work on their own. It is said to be worth $2. 5 billion
In April, the company introduced an easy-to-use AI tool that allows people without programming skills to create their own agents.
The lawsuit claims that X planned a dishonest and unfair scheme to steal Eliza’s development techniques and use them for its own products. X has not said anything to address the claims.
The Ethereum Gaming Network XAI is suing Elon Musk’s company, xAI, because of a trademark dispute.
Last week, Ex Populus, the company that created the Ethereum gaming platform XAI, sued Elon Musk’s AI company, xAI, for using their trademark without permission.
The legal issue is about whether people are getting confused between Ex Populus’s registered trademark “XAI” and Musk’s similar name for his new project that started soon after.
Ex Populus says that Musk’s xAI went into their area when he said he would start an AI game studio at the end of 2024, which confused consumers even more.
The company pointed out that xAI’s chatbot, Grok, mistakenly said that Ex Populus’s XAI brand was part of Musk’s business, making it unclear how the two are related.
The lawsuit mentioned that Musk’s controversial public image and some incidents where xAI’s AI assistant made upsetting comments caused harm to their reputation.
Ex Populus said that the mix-up has hurt its brand image and mentioned that the U. SThe Patent and Trademark Office has put on hold some of Musk’s xAI trademark requests.
xAI recently announced that they want to take legal action against Apple. They say that Apple is being unfair by giving higher rankings to OpenAI’s ChatGPT in the App Store and unfairly pushing down the ranking of xAI’s Grok chatbot.