CRYPTOCURRENCY
Dog Eating Pasta – The New Crypto Coin
In the ever-evolving world of cryptocurrencies, a new entrant is making waves with a unique and heartwarming twist. Dog Eating Pasta ($PAWSTA), a cryptocurrency designed with a special focus on dog lovers, is gaining attention not just for its financial potential but for its mission to support canine welfare. Dog Eating Pasta – The New Crypto Coin.
Let’s dive into what makes $PAWSTA stand out and why it might be the next big thing in the crypto space.
What is $PAWSTA?
$PAWSTA is a community-driven cryptocurrency that aims to combine the benefits of blockchain technology with a passion for dogs.
This digital coin is built on the principles of decentralisation, transparency, and philanthropy, with a portion of every transaction going towards animal shelters and dog rescue operations.
The Origins of $PAWSTA
The idea for $PAWSTA was born from a group of dog enthusiasts and crypto experts who wanted to create a token that not only had financial value but also contributed to a meaningful cause.
They envisioned a currency that could help fund animal welfare projects globally, making a real difference in the lives of dogs.
READ MORE: Wen Lambo? The Crypto Dictionary
Key Features of $PAWSTA
- Philanthropic Mission: A significant feature of $PAWSTA is its commitment to supporting dog-related charities.
- A portion of each transaction fee is allocated to various animal shelters and rescue organisations, ensuring that every trade contributes to a good cause.
- Community-Driven: $PAWSTA thrives on community engagement.
- The project encourages participation from dog lovers and crypto enthusiasts alike, fostering a strong, supportive network that drives the currency’s growth and outreach.
- Transparency and Security: Built on blockchain technology, $PAWSTA ensures all transactions are secure, transparent, and immutable.
- This transparency builds trust within the community and ensures that funds are used appropriately.
- Deflationary Model: $PAWSTA employs a deflationary tokenomics model, where a small percentage of tokens are burned with each transaction. This reduces the total supply over time, potentially increasing the value of the remaining tokens.
Technical Details
$PAWSTA, also known as dogeatingpasta, is a community-centric meme token that operates on the Solana blockchain.
It leverages the robust and fast Solana network, ensuring high transaction speeds and low fees, which are crucial for widespread adoption and usability.
Token Standard: The $PAWSTA coin adheres to the SPL (Solana Program Library) token standard, which is similar to Ethereum’s ERC-20 standard but optimised for the Solana ecosystem.
This standard ensures compatibility with various wallets and decentralised applications (dApps) within the Solana network.
Smart Contracts: $PAWSTA utilises smart contracts to facilitate transactions and maintain transparency.
These contracts are designed to automatically allocate a portion of transaction fees to charitable causes, particularly supporting animal shelters.
Deflationary Mechanism: To increase the value of $PAWSTA over time, a deflationary mechanism is in place.
A small percentage of tokens are burned with each transaction, reducing the overall supply and potentially increasing the value of the remaining tokens.
Total Supply: The total supply of $PAWSTA is capped at 997,370,078 tokens, ensuring scarcity.
This fixed supply model is essential for creating a deflationary asset that can appreciate over time.
Financial Details
Market Performance: As of the latest data, $PAWSTA is trading at approximately $0.000529 USD, with a 24-hour trading volume of around $29,611 USD. The market cap of $PAWSTA is not available, indicating that it is still in the early stages of market penetration .
Liquidity and Exchanges: $PAWSTA can be traded on several decentralized exchanges (DEXs) such as Raydium and Jupiter. These platforms provide liquidity and facilitate the buying and selling of $PAWSTA tokens. The liquidity for $PAWSTA is ensured through its smart contracts, which lock liquidity on these exchanges, providing stability to the market (CoinMarketCap).
Charity Focus: A unique aspect of $PAWSTA is its commitment to charity. The project allocates 1% of the total supply to fund animal shelters, ensuring that every transaction contributes to a good cause. This charity focus not only boosts the coin’s appeal but also adds a layer of social responsibility to its financial ecosystem.
Community and Governance: The $PAWSTA token is driven by a strong community. Holders of $PAWSTA can participate in the governance of the project, influencing decisions related to development, marketing, and charity initiatives. This democratic approach ensures that the community has a voice in the project’s future.
Future Prospects of $PAWSTA
The future looks promising for $PAWSTA. With plans to expand its reach and partner with more animal welfare organisations worldwide, the coin aims to make a substantial impact on global dog welfare.
The team behind $PAWSTA is also exploring innovative ways to integrate the coin into everyday transactions, making it easier for users to spend $PAWSTA while supporting their favourite cause.
In conclusion, $PAWSTA combines the fun and community-driven aspects of meme coins with a real-world impact through its charity initiatives.
Its robust technical foundation on the Solana blockchain and strategic roadmap position it as a promising project in the ever-evolving crypto landscape.
For those interested in a token that offers both potential financial returns and a chance to contribute to a good cause, $PAWSTA is worth considering.
For more updates and insights on $PAWSTA and other exciting developments in the UAE, visit What’s Hot in UAE.
CRYPTOCURRENCY
Kanye West Rejects $2M Crypto Scam Offer – Here’s What Happened
Kanye West, now known as Ye, has revealed that he turned down a $2 million offer to promote a fraudulent cryptocurrency scheme on his X (formerly Twitter) account. The offer allegedly involved posting about a fake cryptocurrency to his 32.6 million followers, keeping the post live for eight hours, and later claiming his account had been hacked. Kanye West Rejects $2M Crypto Scam is the headline many were not surprised to see this morning.
Had Ye accepted the deal, the scam could have caused huge financial losses for unsuspecting investors who might have bought into the fraudulent token before it collapsed.
Ye Speaks Out About the Crypto Scam Offer
In a Feb. 7 post on X, Ye shared:
“I was proposed 2 million dollars to scam my community. Those left of it. I said no and stopped working with their person who proposed it.”
He also included screenshots of the proposal, revealing that he would have been paid $750,000 upfront to promote the fake token. After keeping the post live for eight hours, he was instructed to claim his account had been hacked. 16 hours later, he would receive another $1.25 million payout.
“The company asking you to do this will be scamming the public out of tens of millions of dollars,” the message warned.
By exposing this fraudulent scheme, Ye has sparked a major discussion on celebrity-endorsed cryptocurrency scams and their impact on retail investors.
Kanye’s Crypto Connection?
Shortly after posting the scam details, Ye also shared a screenshot of a private conversation, in which he asked an unnamed X user for a “crypto connect” that would bypass middlemen. The user responded by naming Coinbase CEO Brian Armstrong and even offered to connect Ye directly with him.
This has led to speculation that Kanye may be exploring the crypto space in a more legitimate way, possibly for future projects.
Crypto Experts Weigh In
Several prominent crypto analysts have shared their views on Ye’s revelation.
🔹 Armeanio, a well-known figure in the crypto world, suggested that instead of launching a memecoin, Ye should consider using cryptocurrency to sell his merchandise directly.
🔹 Crypto Vic believes Ye isn’t actually planning to enter crypto at all and that this could simply be a marketing stunt to create hype ahead of his upcoming album release.
“He is a master marketer,” Crypto Vic added.
Memecoin Madness: The Bigger Picture
Kanye’s rejection of this crypto scam comes at a time when celebrity-backed tokens are becoming increasingly common—and controversial.
Recent high-profile celebrity memecoins include:
🚨 Haliey Welch’s HAWK Token – Launched in Dec. 2024, the memecoin hit a $490 million market cap before crashing 91% in just 24 hours. Welch later claimed she had been deceived by the project manager.
🚨 Donald Trump’s TRUMP Token – Released just before his 2025 inauguration, the memecoin saw huge gains, only to drop 38% after Melania Trump launched her own token.
🚨 A Growing Risk for First-Time Investors – A recent survey found that many buyers of Trump’s memecoins were first-time crypto investors, highlighting how celebrity tokens can lure in uninformed buyers before experiencing major losses.
Kanye is no longer on X – Just in:
As of monday morning, Kanye’s X account is no longer showing on X following a weekend of tirades fired off by the musician aimed at the Jewish community around the world. At the time of writing, it is not clear if he has deleted his own account or has been banned by X.
Final Thoughts: Kanye’s Warning to the Crypto World
While Kanye West’s $2 million rejection is making headlines, it also serves as a wake-up call about how celebrity-endorsed crypto promotions can easily turn into scams.
🚀 Will Kanye enter crypto for real? Is this just part of his marketing genius?
🔥 One thing is for sure: the conversation isn’t over.
📌 Read more in our online magazine: 😎
👉 https://whatshotinuae.com
CRYPTOCURRENCY
Bitcoin Dominance Soars to 4-Year High: 5 Key Takeaways This Week
As the Bitcoin dominance soars in the crypto market and hit a four-year peak, with altcoins struggling under intense market pressure, more attention has been given to recent political announcements. With $2.29 billion in liquidations recorded in the past 24 hours and geopolitical factors shaking investor confidence, the market remains in a volatile state. Here’s what you need to know this week.
1. Bitcoin Dominance Climbs as Altcoins Crash
Bitcoin’s market share continues to rise, hitting levels not seen since 2019, as altcoins face significant losses. While BTC has dropped by 4-5%, Ethereum (ETH), XRP, Solana (SOL), and BNB Coin (BNB) have seen steeper declines of 10-15%, further solidifying Bitcoin’s dominance.
This shift reflects investors moving away from riskier assets, opting for Bitcoin as a safer store of value amid market uncertainty.
2. Crypto Market Sees $2.29 Billion in Liquidations
The crypto market has witnessed one of its biggest liquidation events in recent months, with total liquidations crossing $2.29 billion within 24 hours. Long traders have faced the biggest blow, with $1.91 billion in long liquidations recorded.
Coinglass data suggests that extreme volatility could continue, but some analysts believe this correction phase might soon reverse.
Bitcoin Dominance Soars.
3. Trump’s Trade War Adds Pressure on Crypto Markets
The latest market downturn comes amid growing fears over Donald Trump’s trade policies, which have already impacted traditional markets. Trump has fulfilled his pledge to impose 25% tariffs on Canada and Mexico, leading to concerns over economic instability.
Speaking to reporters, Trump stated:
“We may have short-term some little pain, and people understand that. But long-term, the United States has been ripped off by virtually every country in the world.”
These comments have added to global investor uncertainty, contributing to Bitcoin’s latest pullback.
4. Analysts Spot Familiar Patterns Hinting at an Altcoin Rally
Despite the bearish trend, seasoned analysts like Juice and Skew have identified similar patterns to previous altcoin rallies. Crypto trader Skew noted “capitulation wicks”, which indicate that many altcoins have been heavily oversold.
Juice, a well-known market analyst, highlighted on X (formerly Twitter):
“BTC.D is printing almost the exact same pattern as it did just before last alt season kicked off… Look what happens next… ALTSEASON.”
This has sparked renewed speculation that the ongoing correction could be the final dip before a major altcoin rebound.
5. Market Optimism Remains Despite Volatility
While the short-term outlook appears bearish, some traders remain hopeful that Bitcoin will stabilise without breaking its established range. Analyst Roman Trading noted that Bitcoin is currently sitting in a key support zone, suggesting a bounce could be imminent.
Meanwhile, former BitMEX CEO Arthur Hayes has reiterated his view that Bitcoin will eventually surge towards $75K, stating:
“The pain stops when a TradFi outfit is on the verge of bankruptcy. Then the Fed reluctantly joins team Trump and prints that money. And then you better be ready to buy crypto like you have never bought before.”
Bitcoin dominance soars this week.
Final Thoughts
Bitcoin’s dominance remains strong despite the broader market sell-off, with altcoins struggling to find support. While liquidations and geopolitical tensions have added to the pressure, analysts see this as a potential precursor to an upcoming altcoin season.
With Bitcoin hovering near a key support level, all eyes are now on whether this correction marks the end of the dip—or the beginning of something bigger.
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CRYPTOCURRENCY
DeepSeek’s Disruption: A Game-Changing Week for AI and Global Markets
This week, the emergence of DeepSeek, a Chinese-developed AI chatbot, sent shockwaves across the technology industry, financial markets, and the AI landscape. In a matter of days, this revolutionary app not only disrupted Silicon Valley’s dominance in artificial intelligence but also triggered a historic sell-off of tech stocks and reshaped global perceptions of AI development. Venture capitalist Marc Andreessen aptly described the moment as “AI’s Sputnik moment,” drawing parallels to the Cold War-era space race. Either way, DeepSeek’s disruption has had financial implications.
DeepSeek’s sudden rise has placed a spotlight on China’s growing influence in the tech sector, exposing vulnerabilities in the United States’ position as a global leader in AI. The speed and scale of its impact have been nothing short of transformative, raising critical questions about costs, innovation, and geopolitics in the AI arms race.
The Rise of DeepSeek: A Stunning Debut
Developed by a startup led by Chinese hedge fund manager Liang Wenfung, DeepSeek quickly gained international attention over the weekend as the most downloaded free app on Apple’s US App Store. By Monday, its impact was felt far beyond the app marketplace. The chatbot triggered a massive sell-off in U.S. tech stocks, with Nvidia—one of the most prominent names in AI hardware—losing $600 billion in market value in a single day. According to Bloomberg, this marked the largest single-day market value drop in U.S. stock market history.
DeepSeek’s appeal lies not just in its functionality but in its astonishing affordability. Its developers claim that the model was built for a mere $5.6 million, a figure that stands in stark contrast to the billions spent annually by tech giants like OpenAI, Google, and Anthropic. For context, OpenAI reportedly burned through $5 billion in 2024 alone. The disparity has left industry leaders scrambling to understand how DeepSeek managed to achieve such results with a fraction of the resources.
DeepSeek’s disruption was felt around the world.
The Cost Controversy: Fact or Fiction?
DeepSeek’s low-cost claims have sparked intense debate across Silicon Valley. Analysts, investors, and tech leaders are grappling with the question: How is this possible? Some have speculated that DeepSeek’s operations may be subsidised by Chinese government initiatives or private investors with deep pockets. Others believe the company may have leveraged cost-saving measures, such as the use of open-source software and existing hardware, to slash expenses.
Veteran tech analyst Gene Munster voiced his skepticism, stating:
“Their model is surprisingly good, which just makes it hard to believe the financials.”
Munster also questioned whether DeepSeek’s numbers reflect its true development costs or if external factors, such as long-term chip stockpiling, played a role.
Despite the controversy, what’s clear is that DeepSeek’s emergence has forced Silicon Valley to confront the possibility that AI innovation may no longer require the astronomical budgets it once did. This revelation could fundamentally alter the dynamics of AI development, making it more accessible to smaller players.
A Geopolitical Power Play: China’s AI Flex
DeepSeek’s success has been widely interpreted as a strategic flex by China, showcasing the country’s technological prowess and challenging the U.S.’s dominance in the AI space. The parallels to the Sputnik satellite, which marked the Soviet Union’s early lead in the space race, are striking. Just as Sputnik spurred the U.S. to accelerate its space exploration efforts, DeepSeek has reignited the AI arms race, with China seemingly taking the lead.
China’s dominance in rare-earth metals, essential for manufacturing AI hardware, and its wealth of engineering talent have long been seen as key advantages. Reports suggest that Liang Wenfung’s hedge fund, High-Flyer, has been stockpiling GPUs (graphics processing units) for years in anticipation of this moment. By utilising Nvidia’s H800 chips, DeepSeek’s developers were able to create a high-performing model despite U.S. export restrictions on advanced semiconductor technology.
This development raises important geopolitical questions about the future of U.S.-China relations in the tech sector. Will the U.S. government reconsider its export policies to counter China’s growing influence? Or will it focus on fostering domestic innovation to maintain its edge?
The Fallout: Tech Stocks in Freefall
The repercussions of DeepSeek’s debut were not limited to Nvidia. Major U.S. tech stocks, including Alphabet (Google’s parent company) and Microsoft, also experienced sharp declines. The widespread sell-off reflected mounting concerns that the U.S. might be losing its competitive edge in AI innovation.
Traditionally, AI development has been seen as a capital-intensive endeavour requiring vast compute power and expensive infrastructure. DeepSeek’s use of cost-effective strategies challenges this notion, raising questions about the sustainability of current industry practices. As President Donald Trump acknowledged in a recent press conference, DeepSeek’s success represents a “wake-up call” for American tech firms to reevaluate their strategies.
DeepSeek’s Disruption liquidated billions around the world.
The AI Arms Race: A New Chapter
Just days before DeepSeek’s launch, OpenAI CEO Sam Altman and Oracle co-founder Larry Ellison stood alongside Trump to unveil Stargate, a $500 billion initiative aimed at cementing U.S. dominance in AI. The project, which promises massive investments in data centers and the creation of 100,000 new jobs, exemplifies the bullish attitude of American tech leaders toward their position in the AI race.
However, DeepSeek’s arrival has injected a sense of urgency—and humility—into this narrative. Altman, typically a vocal advocate for OpenAI’s capabilities, was notably subdued following the app’s launch. In a late-night post on X, he described DeepSeek as “impressive” and acknowledged that competition from the Chinese startup could be invigorating for the sector.
What Makes DeepSeek Unique?
DeepSeek’s app has earned praise for its performance, with users highlighting its ability to generate accurate and contextually relevant responses. However, questions remain about whether it truly rivals industry-leading models like ChatGPT. Critics argue that while DeepSeek may excel in specific tasks, its scalability and long-term viability are yet to be proven.
The app’s reliance on open-source software has been a key factor in its low-cost development. By leveraging publicly available frameworks, DeepSeek’s developers avoided the high costs associated with proprietary technologies. This approach could serve as a blueprint for other startups looking to enter the AI space without the backing of billion-dollar budgets.
A Wake-Up Call for Silicon Valley
For the U.S. tech industry, DeepSeek’s success is a stark reminder that dominance in the AI sector is far from guaranteed. While companies like OpenAI, Google, and Microsoft continue to lead in terms of resources and infrastructure, DeepSeek has demonstrated that innovation can come from unexpected places.
Marc Andreessen’s description of this moment as AI’s Sputnik moment underscores the high stakes of the current AI race. Just as the U.S. responded to Sputnik with a renewed focus on space exploration, it must now rise to the challenge posed by DeepSeek. Whether this leads to increased investment in domestic AI development or a reevaluation of current strategies remains to be seen.
DeepSeek’s Disruption caused major financial problems this week.
The Road Ahead: Implications for the Global AI Landscape
DeepSeek’s emergence has not only disrupted the technology industry but also reshaped the global AI narrative. Its low-cost, high-performance model challenges long-held assumptions about what it takes to develop cutting-edge AI technologies.
For smaller players, DeepSeek’s success is an encouraging sign that the barriers to entry in the AI space may be lower than previously thought. For established giants, it serves as a warning that even the most well-funded companies are not immune to disruption.
As the AI race heats up, the focus will likely shift toward efficiency and adaptability. Companies that can deliver high-quality models at lower costs will have a significant advantage in the evolving landscape.
Conclusion: A Turning Point for AI
DeepSeek’s debut represents a turning point for the AI industry, challenging the dominance of established players and reshaping perceptions of what is possible in the field. Whether it marks the beginning of a new era of innovation or a fleeting moment of disruption, one thing is clear: the stakes have never been higher.
As the dust settles, the world will be watching to see how the U.S. tech industry responds to this unexpected challenge. Will it rise to the occasion, or will DeepSeek’s success signal a shift in the balance of power in the AI race?
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https://whatshotinuae.com
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