This Obscure Altcoin Just Skyrocketed—Here’s Who’s Backing It Now
A little-known cryptocurrency just pulled off a stunner—soaring triple digits after locking arms with heavyweight institutional partners. Forget 'when lambo?'—this coin's playing with the big boys now.
Behind the surge: A string of blue-chip alliances that read like a Fortune 500 rolodex. We're talking payment processors, institutional custody providers, and at least one household-name tech giant (no, not that one).
The partnerships suggest something rare in crypto-land: actual utility beyond speculative trading. Though let's be real—the 300% pump last week proves traders still treat every altcoin like a lottery ticket.
What's next? If the project delivers on its enterprise promises, we might finally see an altcoin that doesn't just ride Bitcoin's coattails. Or—more likely—it'll become another case study in how even serious backing can't outrun crypto's boom-bust cycles.
Either way, Wall Street's watching. And for once, not just to place leveraged bets before the inevitable dump.
$118,319 continues to trade over $118,000 despite recent Federal Reserve rate decisions. Investors brace for a challenging weekend as economic indicators like PCE readings and upcoming employment figures dominate the financial landscape. Shifting focus, there are intriguing developments concerning W Coin, a project partnering with industry giants BlackRock and Ripple
$3, and new movements in the Pump Token scene.
ContentsW Coin: A Prestigious CollaborationHas the Pump Token Decline Ended?
W Coin: A Prestigious Collaboration
Michael Poppe recently described a special altcoin known as W Coin, which intersects with Ripple and BlackRock. Although Poppe refrained from detailing this collaboration, its essence is effectively summarized in two points.
- Wormhole (W) is a multi-chain protocol excelling in data and asset transfers. BlackRock’s tokenized fund, BUILD, is currently managed by Securitize, with Wormhole serving as its official multi-chain provider. Consequently, W Coin acts as BlackRock’s partner in RWA endeavors, being the infrastructure that enables BUILD to operate across various networks like Solana
$177. - The integration of Ripple’s network, XRP Ledger, and XRPL EVM with Wormhole has been strategically aligned. This partnership allows tokens on the XRP and XRPL networks to connect with 35 different blockchains.
These points highlight why W Coin is a common intersection for BlackRock and Ripple, leading Poppe to label it as “special.”
“W is a unique company. BlackRock’s exclusive partner is BUIDL, which recently partnered with XRP. I believe there is significant upside potential in this bullish segment,” said crypto Analyst Michael Poppe.
W Coin, long subdued against the BTC pairing, is now poised for a swift turnaround. A bullish phase in altcoins typically signals rallies within ALTCOIN/BTC pairings. As W Coin currently shows signs of recovering from significant losses, it could seize its share in the rally.
Has the Pump Token Decline Ended?
Cryptocurrencies often showcase unexpected dynamics. Consider Pump Fun Token, a token that has consistently depreciated following its launch, providing little excitement for investors. Despite initially being offered at $0.004 during presale, it tumbled to DEEP lows. Favored by Sherpa, this altcoin now seems to have bottomed out. Assuming the current uptrend isn’t a momentary pause before another dip, breaking through the charted resistance might see a swift recovery to its presale price of $0.004. Moreover, the protocol boasts a $2 billion treasury, while its token’s market cap has significantly decreased.
Sherpa affirmed a clear signs of a rally before entering the market and expressed expectations of a significant rise.
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