MAP Protocol (MAPO) was the best-performing cryptocurrency on Saturday as it jumped by 100%. It rose to a high of $0.010, its highest point since Feb. 2, and 153% above its lowest point this year. This increase has pushed its…MAP Protocol (MAPO) was the best-performing cryptocurrency on Saturday as it jumped by 100%. It rose to a high of $0.010, its highest point since Feb. 2, and 153% above its lowest point this year. This increase has pushed its…

MAP Protocol, Useless Coin, LUNC lead the charge as Bitcoin hits $105k

2025/06/14 21:15

MAP Protocol (MAPO) was the best-performing cryptocurrency on Saturday as it jumped by 100%. It rose to a high of $0.010, its highest point since Feb. 2, and 153% above its lowest point this year.

This increase has pushed its market cap to over $53 million. 

MAP Protocol price led the charge

MAP protocol

MAP Protocol is a layer-2 network for Bitcoin, allowing peer-to-peer cross-chain transactions. Its token surged as the total value locked in the network jumped. 

Its TVL jumped to $23.3 million on Saturday, the highest point since February. All dApps in the ecosystem, like HiveSwap, StaQ, and Butter Network, have all added substantial assets in their ecosystems.

The biggest risk for MAPS Protocol price is that it has become highly overbought, with the Relative Strength Index jumping to 93. This means that the token may have a big dive as investors book profits. 

Useless Coin price hits all-time high

Useless token

The Useless Coin price surged to a record high of $0.078 on Friday, even as the crypto market crashed. The Solana meme coin has jumped by over 1,245% from its lowest point this year, giving it a market cap of over $70 million.

Useless Coin, unlike MAPS Protocol, has no utility, and its price is soaring mainly because of hype and FOMO among crypto investors. 

Technicals suggest that the USELESS token has more gains ahead. It formed a cup-and-handle pattern whose upper side was at $0.047 and the lower side was at $0.0051 or a 90% dip. Measuring the same distance from the cup’s upper side gives it a target of $0.090, a few points above the current level.

LUNC price rises as burn rate jumps

LUNC price

Terra Luna Classic (LUNC) token rose by over 10% on Saturday. This jump happened after the LUNC token burn rose by over 234 million in the last seven days, bringing the cumulative burn to 410 billion. 

Technicals suggest that the LUNC price has more gains in the coming weeks. It has remained in a tight range and formed a double-bottom pattern with a neckline at $0.00007253. 

LUNC has also moved in the accumulation phase of the Wyckoff Theory, pointing to an eventual comeback. A move above the neckline at $0.00007253 will point to more gains to the 50% retracement level at $0.0001135.

Meanwhile, Bitcoin rallied past $105,000 at last check on Saturday. See below.

Bitcoin chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

OCC Confirms Banks Can Facilitate No-Risk Crypto Transactions

OCC Confirms Banks Can Facilitate No-Risk Crypto Transactions

The post OCC Confirms Banks Can Facilitate No-Risk Crypto Transactions appeared on BitcoinEthereumNews.com. U.S. national banks have been passed by the Office of the Comptroller of the Currency (OCC) to enable their customers perform instant crypto trades with no risk. This decision has cleared a significant obstacle in the way of banks that desire to be part of the expanding digital assets market. Banks Receive Clarity on Crypto Trading Authority  Interpretive Letter 1188 states that a bank can be an intermediary in crypto transactions without having digital assets in its possession. The OCC clarified that one client may sell a crypto asset to one bank and that bank will sell the asset to the other client at the same time. Since the two trades take place virtually at the same time the bank does not have an exposure to the market. The license provides banks with a regulated structure to provide crypto trading services. This is in line with preceding actions like enabling banks to hold major crypto assets. Another explanation that OCC provides is that the role of the bank is not to trade digital assets. Instead, the only responsibility of the bank is linking the sellers and the buyers. OCC Reinforces Bank’s Crypto Oversight The regulator mentioned that such transactions carry a limited amount of settlement risk. The decision is an update of a previous guidance that permitted crypto custody and some stablecoin transactions. The latest clarification strengthens the same allowances but indicates continued regulation of responsible crypto services in the banking space. With this, the banks are now enabled to provide customers with a secure means of accessing digital assets in compliance with federal regulations. The OCC stressed that institutions need to continue having robust risk controls, such as cybersecurity controls and compliance programs. Hence, all their operations can be safe and in line with current rules. How Institutions Might…
Share
BitcoinEthereumNews2025/12/10 07:46
Taiko Makes Chainlink Data Streams Its Official Oracle

Taiko Makes Chainlink Data Streams Its Official Oracle

The post Taiko Makes Chainlink Data Streams Its Official Oracle appeared on BitcoinEthereumNews.com. Key Notes Taiko has officially integrated Chainlink Data Streams for its Layer 2 network. The integration provides developers with high-speed market data to build advanced DeFi applications. The move aims to improve security and attract institutional adoption by using Chainlink’s established infrastructure. Taiko, an Ethereum-based ETH $4 514 24h volatility: 0.4% Market cap: $545.57 B Vol. 24h: $28.23 B Layer 2 rollup, has announced the integration of Chainlink LINK $23.26 24h volatility: 1.7% Market cap: $15.75 B Vol. 24h: $787.15 M Data Streams. The development comes as the underlying Ethereum network continues to see significant on-chain activity, including large sales from ETH whales. The partnership establishes Chainlink as the official oracle infrastructure for the network. It is designed to provide developers on the Taiko platform with reliable and high-speed market data, essential for building a wide range of decentralized finance (DeFi) applications, from complex derivatives platforms to more niche projects involving unique token governance models. According to the project’s official announcement on Sept. 17, the integration enables the creation of more advanced on-chain products that require high-quality, tamper-proof data to function securely. Taiko operates as a “based rollup,” which means it leverages Ethereum validators for transaction sequencing for strong decentralization. Boosting DeFi and Institutional Interest Oracles are fundamental services in the blockchain industry. They act as secure bridges that feed external, off-chain information to on-chain smart contracts. DeFi protocols, in particular, rely on oracles for accurate, real-time price feeds. Taiko leadership stated that using Chainlink’s infrastructure aligns with its goals. The team hopes the partnership will help attract institutional crypto investment and support the development of real-world applications, a goal that aligns with Chainlink’s broader mission to bring global data on-chain. Integrating real-world economic information is part of a broader industry trend. Just last week, Chainlink partnered with the Sei…
Share
BitcoinEthereumNews2025/09/18 03:34