Rice Robotics and dog-themed utility project Floki will soon launch the Minibot M1, a Floki-branded AI-powered companion robot that works on the RICE AI platform.

FLOKI has begun a bullish run.

Kain Warwick, founder of Synthetix, announces new incentives to restore sUSD peg.

Synthetix (SNX) price shot up 7% in the past 24 hours as founder Kain Warwick took a firm stance on the recent depegging of sUSD stablecoin.

TL;DR Synthetix launched a new staking mechanism, the “sUSD 420 Pool,” offering SNX rewards to stabilize the price of its sUSD stablecoin. Founder Kain Warwick warned that pressure will be applied if participants don't respond to the voluntary incentive. The value of sUSD dropped to $0.68 in April but has partially recovered to $0.

Kain Warwick, the founder of the decentralized finance (DeFi) platform Synthetix, has urged SNX SNX token holders to take action to help restore the value of the project's stablecoin, sUSD.

Synthetix founder Kain Warwick has urged SNX stakers to adopt the protocol's newly launched staking mechanism aimed at restoring the dollar peg of its stablecoin, sUSD. The post Synthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick' appeared first on Cryptonews.

The market sentiments, specifically with the memecoins, have been witnessing quick shifts, following the BTC price rally. Moreover, they attract more bullish and bearish activity compared to Bitcoin, keeping the next price action shady. Currently, the popular memecoins like Pepe, Fartcoin, FLOKI, etc., and a few more have been demonstrating significant strength.

Adrian Ludwig, Chief Architect at Tools for Humanity (TFH), shared insights on the rapid development of the World Network—a system designed to create a network of verified humans using privacy-preserving technology, in an exclusive interview with BeInCrypto in Seoul.

As sUSD continues to trade below its intended $1 peg, Synthetix founder Kain Warwick has urged stakers to step up and help restore stability before more stringent measures are implemented.

Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don't take up a newly launched staking mechanism to help fix the protocol's ongoing sUSD (SUSD) depeg.Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently “very manual” without a proper user interface. However, once the UI goes live, Warwick said, if there isn't enough momentum, then they may have to “ratchet up the pressure” on the stakers in the sUSD 420 pool.

Worldcoin traders and investors should be cautious due to a few key reasons.

Top artificial intelligence tokens were among the best performers this weekend, as investors bought the dip following a key report from CoinGecko. AI Companions (AIC) tokens jumped by over 40% to $0.

Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg.

Synthetix's sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and highlighting vulnerabilities in algorithmic stablecoin mechanisms. The post Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral? appeared first on Cryptonews.

The Synthetix protocol stablecoin dropped to a new low this week, extending its month-long depegging trend.

Synthetix's sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.

Synthetix's sUSD stablecoin has fallen to $0.70, 30% below its dollar peg, following protocol changes that disrupted its market balance.

The Synthetix protocol's native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn't the first time the asset has been under significant stress, and several risk measures are in place.

TL;DR sUSD Depeg Crisis: Synthetix's stablecoin sUSD has plunged below $0.80 amid significant protocol changes that have unsettled investors and traders. Impact of SIP-420 Upgrade: The recent SIP-420 upgrade, aimed at enhancing capital efficiency, has flooded markets with excess sUSD, disrupting traditional peg defense strategies and triggering chaotic trading conditions.

Synthetix's algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko's price data, sUSD has dropped to $0.7924 as of Apr.

Synthetix's sUSD stablecoin de-pegs, trading at $0.8107.

A clean break above THIS threshold would likely validate a full-scale trend reversal.

THIS zone remains a critical inflection point for FLOKI's price action.

Despite lingering market uncertainty fueled by Donald Trump's escalating trade war, the cryptocurrency market showed signs of recovery this week.

FLOKI might be brewing its next big breakout on the charts.

A new report from on-chain analytics firm Parsec argues that the recent depegging of Synthetix's stablecoin sUSD is not the result of bad debt or protocol failure—but a direct consequence of governance upgrade SIP-420.

Synthetix's algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90.

Synthetix's stablecoin, sUSD, has plunged to a five-year low of $0.83, raising investor concerns about its stability.

What happens when a stablecoin isn't stable, and the founder's response is “no crying in the stablecoin casino”?

Synthetix's sUSD suffers second major depeg in a year, with founder Kain Warwick warning of volatility during peg mechanism transition.

Tiago Sada, chief product officer at Tools for Humanity, a key contributor to World, sits down with CNBC Crypto World to discuss Worldcoin's rebranding to the World Network. He also addresses privacy concerns tied to Worldcoin's controversial iris-scanning devices called Orbs.

TL;DR Synthetix's sUSD stablecoin briefly fell to $0.83, its lowest level in five years, sparking renewed concerns about its long-term stability. While it shares design similarities with Terra's failed UST, sUSD is backed by a $30 million treasury that could help mitigate extreme risks.

The Synthetix protocol's native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg.The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99 in early February.

Synthetix stablecoin sUSD has fallen 6% in the last day to trade at $0.8597, continuing the recent decline below its $1 peg. At the same time, 24-hour trading volume has jumped nearly 487% to over $2.

Synthetix had another de-peg of its asset-backed sUSD token. The stablecoin slid to $0.83 due to the transitional period of minting from a new staking pool.

In the world of meme coins, it's not just about utility, tokenomics, or even real-world value. It's about hype. From Floki riding Elon Musk's Shiba Inu's name to Trump-themed meme coins skyrocketing on political memes alone, one thing is crystal clear: narrative is everything.

FLOKI may be ready for an upswing on the charts after corrections pass.

A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112.

Worldcoin briefly surged 4% following the release of ChatGPT's new image-generation tool, thanks to their shared link via Sam Altman. However, with bearish indicators and ongoing regulatory scrutiny, WORLD risks hitting a new all-time low. The post Is Worldcoin the Next AI Megatrend? ChatGPT Surge Triggers 4% Bounce appeared first on Cryptonews.

FLOKI's holders might expect some interesting price action in the next few hours.

Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan's Softbank, Microsoft, and other investors. With this latest round, OpenAI's valuation now stands at $300 billion.

Selling pressure on Worldcoin over the past three days might ease, giving the chance for a 20% price hike.

FLOKI's market movement is in the favour of the bears right now.

Crypto whales bought Optimism (OP), Dogecoin (DOGE), and Worldcoin (WLD) in recent days. OP saw a rise in large holders despite being down 73% over the past year, while DOGE whale wallets climbed to a two-week high as meme coin sentiment shows signs of recovery.

World Network, the project linked to Sam Altman and Tools for Humanity, is in negotiations with Visa to integrate new features into its self-custody crypto wallets. This collaboration could revolutionize access to digital payments on a global scale, leveraging Visa's network and the potential of blockchain technology. The former Worldcoin, now renamed World Network, is considering a collaboration with Visa to integrate payment functionalities based on stablecoin and cards into a new crypto wallet system. According to CoinDesk, which cites a source close to the negotiations, the goal is to create an accessible and secure financial ecosystem, with the possibility of using digital assets directly on Visa circuits.

FLOKI has been attempting to recover from recent price losses, but its efforts are hindered by weak investor support.

In a thread on X this morning, Synthetix founder Kain Warwick offered a stark look into the inner workings of crypto market makers (MMs) and their evolution over the years.