What Happened in Crypto Today: Did Broccoli Crypto Fuels Surge

14-02-2025 By: Sara Sethiya
What Happened in Crypto Today: Did Broccoli Crypto Fuels Surge

Crypto latest Update: Broccoli Meme Coin, Pi Network, Shiba Inu News

Binance CEO CZ Pet Broccoli Sparks 20,000 Meme Coins Frenzy

Former Binance CEO Changpeng Zhao’s dog, Broccoli, has taken the crypto world by storm. After CZ revealed his Belgian Malinois’ name and picture, meme coin creators jumped on the trend, launching around 20,000 Broccoli-themed tokens. This mirrors past hype around dog-related cryptocurrencies like Shiba Inu. Despite CZ’s exit from Binance and legal troubles, his influence remains strong, proving that even his pet can shake up the crypto market. The frenzy shows no signs of slowing down.

Pi Coin Listing on Binance? Mainnet Launch Set for February 20, 2025 

The Pi Network Open Mainnet is set to launch at 8:00 AM UTC on February 20, 2025, enabling external connectivity and expanding Pi Coin’s utility. As excitement grows, Pioneers must stay alert against scams. Pi Network is free to mine and never sold—avoid any offers asking for money. Use only official channels for updates and safeguard your wallet through the Pi Safety Center for secure transactions as Pi’s big day approaches.

Shiba Inu Burn Rate Soars 2000%, Sparking Hopes for SHIB Price Breakout

Shiba Inu’s burn rate surged 2000% on Friday, with 14 million SHIB tokens removed from circulation in just one day. This spike in burns has sparked optimism among investors, hinting at a potential price breakout despite the current crypto market downturn. With nearly 98 million SHIB tokens burned this month, the reduced supply is fueling bullish sentiment, as the community anticipates upward price momentum for the popular meme coin.

XRP Surges Amid SEC Meeting and ETF Speculation

At the time of writing, XRP has surged 12.52% to $2.75, with a $159.36 billion market cap and $7.08 billion in 24-hour trading volume. Today’s SEC meeting under the Sunshine Act has fueled speculation of a Ripple lawsuit settlement, marking the third weekly session on litigation and enforcement. Ripple’s partial court win in July 2023 deemed XRP sales on exchanges non-securities. With an April 16, 2025, deadline set, the SEC’s potential appeal withdrawal could pave the way for a Ripple IPO and XRP ETFs. Paul Atkins’ expected appointment as SEC Chair under Trump could further benefit Ripple and XRP’s growth.

It seems the Crypto market is gearing up for a good game in the coming time, so stay updated on crypto news and upcoming trends for enhanced crypto decisions.

Also read: Broccoli Meme Coins: Binance CZ’s Dog-Based, All You Need To Know
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