Today in crypto, the memecoin launchpad LetsBonk achieved significant revenue growth, earning $1.04 million in a day, nearly double that of Pump.fun, indicating a competitive shift in the Solana memecoin sector. LetsBonk, which offers tools for launching and trading memecoins, is gaining popularity within the Bonk community. In other news, Toncoin’s price fell 6% after UAE authorities denied claims that staking $100,000 worth of Toncoin could lead to golden visa eligibility. The authorities clarified that digital currency investments do not influence eligibility for residency visas. Lastly, Arkham revealed that an $8.6 billion Bitcoin transfer involving wallets that hadn't moved in over 14 years does not indicate a sell-off, rather it may relate to address upgrades for better security and lower fees.

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