[@HyperliquidX](https://x.com/HyperliquidX) has announced a new feature for their platform, allowing users to exercise greater control over their investments. 

Traders can now **long or short the Solana AI memecoin**, specifically known as **$AI16Z**, with a leverage option up to 5x. [1](https://x.com/DegenerateNews/status/1874320016717599109)

This move is likely to attract attention from the **crypto trading community**, especially those with a keen interest in **memecoins** and **AI-powered cryptocurrencies**.

The memecoin market has seen fluctuations, making it an attractive option for leveraged trading. 

Given the rising popularity of blockchain technologies like **Solana**, the new offering by HyperliquidX is expected to garner significant interest. 

The **5x leverage feature** offers an opportunity to maximize potential gains, although it also comes with increased risk.

This development follows recent trends where **cryptocurrency traders** are increasingly seeking innovative ways to capitalize on market movements. 

HyperliquidX's decision aligns with the broader **crypto ecosystem's** adoption of advanced trading features, catering to both amateur and seasoned traders.

With the integration of AI-driven tokenomics, the $AI16Z might set a precedent for future cryptos intertwining artificial intelligence and memecoins.

Users can now long or short Solana AI memecoin

HyperliquidX introduces 5x leverage on Solana AI memecoin

NEW: @HyperliquidX NOW ALLOWS ITS USERS TO LONG OR SHORT SOLANA AI MEMECOIN $AI16Z (@ai16zdao) WITH UP TO 5X LEVERAGE https://t.co/62lR1PsKPw

DEGEN NEWS

In the world of cryptocurrency investments, large-scale investors, commonly known as **whales**, have a significant impact on market dynamics. Such is the case of a whale that made headlines by purchasing a substantial amount of **$VIRTUAL** tokens, yielding an impressive return. [1](https://x.com/lookonchain/status/1874710305596678515)

Nineteen days ago, the whale invested **$10 million USDC** to acquire **4.25 million $VIRTUAL**. The current value of this investment has skyrocketed to **$21.5 million**, translating to an unrealized profit of **$11.5 million**. This demonstrates the lucrative potential of strategic investments in the crypto space.

This move was initially highlighted by Twitter user [@lookonchain](https://x.com/lookonchain) The investment has piqued interest among crypto enthusiasts and investors alike, showcasing the significant profits that can be reaped from timely and bold wagers in the highly volatile cryptocurrency market.

The whale's bold decision was facilitated through withdrawals of $10 million USDC from **Coinbase**, followed by the purchase of **$VIRTUAL** at a rate of $2.35 per token. The involved transaction reveals extensive thought and trust placed in the growth potential of the $VIRTUAL cryptocurrency. [2](https://x.com/lookonchain)

Such substantial investments by whales can influence market trends, and this case reaffirms their pivotal role within the cryptocurrency ecosystem. As $VIRTUAL continues to attract attention, this whale's successful venture could inspire similar lucrative ventures in the crypto markets.

A whale's $VIRTUAL investment yields $11.5M profit

Whale Profits Big on $VIRTUAL Investment

Bithumb, South Korea's second-largest cryptocurrency exchange, has announced an important update for its users. 

As of January 2, 2025, Bithumb will introduce new **Korean Won trading pairs**, specifically for **PEAQ** and **VANA**. [1](https://x.com/WuBlockchain/status/1874641481350439382) 

PEAQ serves as a Layer 1 blockchain primarily utilized for **Decentralized Physical Infrastructure Networks (DePINs)**. 

This innovative infrastructure supports a range of physical assets and services being decentralized and securely managed.

On the other hand, **Vana Network** is recognized as a **decentralized data network**, enabling users to engage in efficient data sharing and management without central authority oversight.

The introduction of these trading pairs reflects Bithumb's commitment to broadening its asset availability and offering users a diverse trading experience.

The new pairs will be available starting at 4 pm KST, allowing traders to explore **diversified investment opportunities** within the cryptocurrency sphere.

Bithumb's decision to list these assets could be seen as part of a broader strategy to tap into emerging technologies that prioritize decentralization and efficient infrastructure.

Bithumb lists PEAQ and VANA Korean Won trading pairs.

Bithumb Adds New Korean Won Trading Pairs

**Cryptocurrency whales** have been making significant **moves in the $ai16z market**, as reported by [@lookonchain](https://x.com/lookonchain) 

One particular address that stands out is **wVbrpF...BYuA**, which recently withdrew a staggering **1.86 million $ai16z tokens** valued at **$3.95 million** from the cryptocurrency exchange **Gate.io**. 
This same entity now holds an impressive **10.21 million $ai16z**, amounting to around **$22.86 million**. [1](https://x.com/lookonchain/status/1874634469837254793)

Adding to the wave, a new blockchain address, **CoErvN...8DiS**, was registered just 22 hours prior to the report. 
This address dynamically shifted market focus by acquiring **9,317 $SOL** (worth **$1.77 million**) to purchase **955.5K $ai16z tokens**. 
Such movements highlight the **growing interest in $ai16z**, raising questions about future market performances and potential impacts on investor sentiment. [1](https://x.com/lookonchain/status/1874634469837254793)

The strategic positioning and large withdrawals by these whales might indicate anticipation of a **significant price surge** or a new market trend in the coming months.
Crypto enthusiasts and market analysts will surely be keeping a close watch on these developments.

Cryptocurrency whales are actively accumulating $ai16z tokens.

HyperliquidX introduces 5x leverage on Solana AI memecoin

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