Asian Cryptocurrency Trading Roundup May 1: Leading Altcoin is Verge 1110

FOMO Moments

For the second day now crypto markets have retracted slightly and selling pressure is still dominant. Total market capitalization remains over $400 billion for now which is still a good sign for the longer term recovery. However the board is red this morning and all cryptos aside from one or two have fallen. Bitcoin has lost 4% on the day and is back to $9,000 while altcoins are all down with EOS taking the biggest hit of 16%. One coin still making gains this morning and returning to the top 25 is Verge.

Verge is another one of those altcoins that social media crypto groups love to hate. According to Coinmarketcap XVG is up 4.8% on the day when all others, with the exception of the equally hated Tron, have declined. Verge is currently trading at $0.072 from $0.068 this time yesterday, not a big difference but the fact that it is up when all others are down says something. Over the week XVG has made around 7.4% from $0.067 this time last week and on the month it is up almost 85% from $0.038 this time at the beginning of April. Against Bitcoin XVG is trading 9.5% higher on the day at just over 800 satoshis from 730 sats this time yesterday. Over the week it has made similar grounds against BTC climbing from 725 sats this time last Tuesday.

The Verge spike came a few hours ago when volume jumped five times. Earlier news that TokenPay would be launching XVG debit cards officially approved by their German bank has strengthened momentum. The only recent announcement on the Verge Twitter feed was the first Verge meetup in Amsterdam on June 9. Verge gained over 300% during crowd sale and big hype leading up to the Pornhub partnership but has since fallen back somewhat. Charts are very spiky with this altcoin.

Trade has been dominated by Binance with 65% of the total volume. That volume has jumped from $65 million to $238 million in the past 24 hours and the price action has carried XVG back into the top 25. Its market cap currently stands at just over a billion dollars.

Total crypto market capitalization has fallen for the second day in a row by 6.6% to $409 billion. It is now at a lower level than the same time last week but the monthly view is still trending higher. All other altcoins have fallen over the past day except Tron which is up 3.2% during this morning’s Asian trading session.

More on Verge can be found here: http://vergecurrency.com/

FOMO Moments is a section that takes a daily look at the top 25 altcoins during the Asian trading session and analyses the best performing one, looking for trends and possible fundamentals.

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FFGI Announces FFG Token: A New Chapter in Blockchain-Based Film Finance 794

Film Finance Group International (FFGI), a North Carolina-based film finance innovator, has officially unveiled its upcoming ERC-20 utility token: FFG Token ($FFG). Built to power a transparent, milestone-based film funding ecosystem, FFG Token is an asset-backed token that bridges real-world production workflows with secure, blockchain-based infrastructure.

FFG Token is scheduled to go live in the coming weeks, with a capped supply of 1 billion tokens and integrated governance mechanics to allow token holders to vote on curated film projects. Backed by real-world film budgets and anchored by a proprietary on-chain accounting system, the token represents a new approach to financing indie cinema — one that aims to replace vague promises with verifiable payouts and investor control.

“We’ve designed FFG Token from the ground up to solve the trust and transparency issues that have long plagued independent film finance,” said G. David Keaton, Co-Founder and Managing Member of FFGI and a licensed CPA. “Our platform doesn’t just tokenize investment — it offers visibility, accountability, and participation. This is infrastructure, not hype.”

Backed by Infrastructure, Governed by Community

Unlike speculative tokens with no underlying benchmarks, FFG Token is tied to real production milestones. Funds are allocated in phases based on verified deliverables, promoting greater accountability and reducing risk for participants.

FFGI has also structured the ecosystem with robust legal compliance in mind, including KYC-gated quarterly reporting and IP ownership through tokenized NFTs. A significant innovation is the formation of SPV #2, which houses a separately licensable blockchain accounting system developed in-house.

“We’ve built what we believe is the most advanced blockchain-native accounting system for film finance,” said Michael Dallas, Development Manager at FFGI and a veteran systems architect. “It’s real-time, rules-based, and ready to be licensed to other studios or industries. The token and the technology work together — but they also stand strong independently.”

What Makes the FFG Token Different

  • ERC-20 Compliant on Ethereum
  • Fixed 1B Supply — No Inflation
  • Project-Governance Enabled
  • Milestone-Based Film Funding
  • Legally Structured Infrastructure with IP-Backed NFTs
  • Optional Licensable Accounting Software via SPV

Multiple Layers of Value

At the heart of the FFG ecosystem is a clear separation between token utility, IP ownership, and licensing potential. The token funds productions. NFT tokens represent IP ownership. And the accounting software — held by a separate Special Purpose Vehicle (SPV) — opens new revenue streams.

“Our model is modular, but deeply interconnected,” added Keaton. “It’s designed to support creators, protect contributors, and expand the use of blockchain in real, investable ways.”

Launch Timeline & Community

The official token launch is slated for late Q2 2025. Leading up to the public offering, FFGI will conduct community activations through its Telegram & Discord servers and begin releasing technical documentation and project previews.

“We’re building not just a token, but a culture of accountability and empowerment,” said Dallas. “We want our early community to understand how this works under the hood.”

More information, including tokenomics, governance design, and licensing options, will be revealed through upcoming AMAs, dev diaries, and a full launch countdown.

About FFGI

FFGI is a blockchain-first film finance company based in North Carolina. Founded by a team of fintech veterans and production experts, FFGI leverages tokenization, on-chain accounting, and community governance to fund independent film projects with precision and transparency.

MIT-Incubated Optimum Raises $11M to Build Web3’s Missing Memory Layer 941

Seed Round Led by 1kx Fuels Development of High-Performance Data Infrastructure for the World Computer.

Optimum, the first decentralized high-performance memory layer for any blockchain, today announced the successful closure of its $11M seed round, led by 1kx with participation from Robot Ventures, CMT Digital, Spartan, Finality Capital, Triton Capital, SNZ, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and more. Optimum is building the missing memory layer of blockchains—revolutionizing how data is stored, accessed, and propagated: faster, cheaper, and truly decentralized.

At the core of Optimum’s innovation is Random Linear Network Coding (RLNC), a data coding breakthrough for distributed systems developed by MIT Prof. Muriel Médard. Refined over more than two decades, Random Linear Network Coding (RLNC) has received notable recognition for its contributions to data networking. It was awarded the IEEE Koji Kobayashi Computers and Communications Award in 2022 and has played a role in Muriel Médard’s election to the U.S. National Academy of Engineering, as well as her induction as a Fellow of the National Academy of Inventors.

Optimum, led by an exceptional team of MIT, Harvard, and Meta alumni, is now pioneering high-performance memory for decentralized networks leveraging RLNC.

Wei Dai, Research Partner at 1kx, commented: “It was obvious from our first interaction with the team that the technology around RLNC has far-reaching potential. It’s been impressive to see the Optimum team adapt their core innovations over the past year to solve critical bottlenecks in decentralized networks and supercharge all blockchains.”

“High-performance memory has been the missing link in blockchain infrastructure—most innovation has focused on computation and execution, while data access and networking remain underexplored,” said Muriel Médard, co-founder of Optimum. “A scalable memory layer provides the missing piece, optimizing data retrieval, reducing congestion, and unlocking the speed and efficiency needed for blockchain to serve as the backbone of the decentralized Internet.”

Building the Missing Memory Layer for the World Computer

Blockchains are often called “decentralized world computers” but lack the memory architecture needed for efficient computing. High-performance computers use memory buses and RAM (Random-access memory) for fast data access and propagation. Blockchains store all state data permanently, creating a growing burden on full nodes. Without a scalable memory layer, blockchains face systemic inefficiencies: gossip networks redundantly propagate data, congested mempools cause unpredictable delays, and bloated nodes make retrieval costly and complex. While partial solutions exist, they remain suboptimal.

Optimum is building a provably optimal memory infrastructure that turns blockchains into high-speed, scalable computing networks. It tackles three key issues: inefficient data propagation, redundant storage, and slow access. Powered by RLNC, a powerful coding scheme that encodes data into packets to transmit over a network in a highly efficient and resilient manner.

  • OptimumP2P: A pub-sub protocol that functions as a memory bus, complementing outdated gossip networks with coding-based data propagation to reduce redundancy and boost throughput for any network. Increasing speed & APY, optimal transactions, and better UX for any operators from Validators, RPC providers, to DEXs, trading firms, and more.
  • Optimum deRAM: A decentralized RAM layer that ensures the properties of atomicity, consistency, and durability (ACID) of data. Resulting in faster, on-demand access, cheaper storage, and lower fees for L1/L2, validators, dApps, and end users.

Optimum is now live on a private testnet with OptimumP2P, and is actively inviting L1s, L2s, validators, and node operators to experience its high-speed, decentralized memory layer in action. This funding will accelerate integration across major ecosystems — enhancing scalability for blockchains, lowering costs, and improving performance for node operators, enabling developers to build faster, more responsive dApps, and ultimately delivering a cheaper, smoother experience for end users.

About Optimum

Optimum is the first decentralized high-performance memory layer for the world computer, designed to eliminate scalability bottlenecks by enabling fast data propagation, efficient storage, and real-time access. Powered by Random Linear Network Coding (RLNC) a patented technology, Optimum scales any L1/L2 and enhances node operators performance & APY by boosting network speed, resilience, and throughput, improving dApp performance and user experience.

Co-founded by MIT professor Muriel Médard, the inventor of RLNC. Backed by 1kx, Robot Ventures, CMT Digital, Spartan, Finality Capital, Triton Capital, SNZ, and more, Optimum is scaling Web3 infrastructure for the next generation of decentralized networks.

Users can learn more at getoptimum.xyz and follow Optimum on x.com/get_optimum.

Volante Hits 50x Milestone – Preps for Major Exchange and a Fresh 10x Push 998

Volant Labs Limited – a firm at the forefront of delivering Earned Wage Access (EWA) via blockchain technology – announced its upcoming listing on a prominent cryptocurrency exchange, set to take place at the end of the month. In a striking debut, the Volante Token soared to nearly 50 times its original sale price within mere hours of launch. Since then, it has held steady at approximately 30 times its initial valuation.

According to an analysis by cryptocurrency investor Ren & Heinrich, the average price increase rate of 26 stocks listed on Binance over the past year and a half was reported to be +41% on the first day after listing and +24% by the third day. In comparison, Volante can be said to be the coin that has attracted the most attention among emerging coins.

Future plans:

Volante was just listed on BTSE two weeks ago, but will be listed on CMC’s top 10 exchanges at the end of this month.

As the company plans to launch practical business ventures such as issuing Volante CARDs and collaborating with real businesses, and in light of the investment offers it has received from multiple institutional investors, it has set a target price of $0.50 at the time of listing, with the aim of increasing the price by 10 times thereafter.

Collaboration with Binance, the company’s business partner, is gradually expanding, and with the listing as an opportunity, the company plans to expand its business globally in order to achieve further business growth.

Volante CARD issuance

Volante issues the Volante CARD, which allows users to flexibly switch between cryptocurrencies and fiat currencies without going through a bank and can be used for payments at affiliated stores around the world.

Volante CARD utilizes a VISA-compatible crypto-linked card and can be used for everyday payments, ATM cash withdrawals, and P2P transfers, both online and offline, and can convert crypto assets into fiat currency in real time and link them directly to the card.

This eliminates the need for a wallet and does not involve an exchange, providing simple, secure, and free asset management, as well as a new payment experience.

CEO Joey Birchler’s comment:

“I’m pleased to be listed on a major exchange. I will use the AI ​​technology I’ve developed at OpenAi to raise awareness of Volante so that blockchain-based Earned Wage Access (EWA) can be used in business. I will also increase my media exposure, including speaking at various events.”

About EWA (Earned Wage Access) provided by Volante

EWA is a system that allows employees to receive their wages immediately or on an as-needed basis for the work they have already done, without waiting for the official payday.

Volante operates its EWA service based on blockchain, and provides services to 1.7 billion people around the world who do not have bank accounts.

Company name: Volante labs Limited
Address: 1F, Ellen Skelton Bldg., 3076 Sir Francis Drake Hwy, Road Town, Tortola, VG1110, BVI
Representative: Joey Bertschler
Chain: Solana
Number of tokens issued: 100 billion
Business: Providing EWA (Earned Wage Access).

EWA is a system that allows employees to receive their pay for work they have already done immediately or on an as-is basis, without waiting for the official payday.

For more information:
Official website: https://www.volantechain.com/
Official X account: https://x.com/volantechain
Official Telegram: https://t.me/volantechaincom/
Official Discord: https://discord.gg/3HeXhjNhKN

Bossjob Launches Web3 Talent Solutions to Meet the Growing Global Demand 1076

The AI-powered hiring platform opens new doors for employers and job seekers in the decentralized economy.

As the global Web3 and blockchain sector experiences unprecedented growth, Bossjob, an AI-driven job-hiring platform, is stepping forward to bridge the talent gap with its newly launched Web3 Talent Hub, a specialized ecosystem tailored to the niche needs of decentralized industries.

Web3 has evolved from a buzzword into a transformative movement shaping finance, gaming, AI, social platforms, and digital identity. However, the rapid expansion of this space has created more battles for skilled professionals, and some job seekers can also be confused about the rising occupations in the Web3 industry and not sure if they are suitable. Bossjob’s new initiative is designed to tackle this head-on.

A Specialized Solution for a Specialized Industry

Bossjob’s Web3 Talent Hub serves as a centralized gateway for companies and startups to connect with top-tier, verified candidates who understand the complexities of blockchain technology. By leveraging AI and direct chat-based applications, the platform cuts down time-to-hire while improving quality-of-fit.

“The Web3 space doesn’t move in quarters — it moves in minutes,” says Global Communications Lead at Bossjob. “You need access to talent that’s not just technically capable, but who speaks the language of decentralized ecosystems. Bossjob is here to make those matches fast, efficient, and global.”

Designed for Global Impact

With an existing footprint across Southeast Asia, and North America, and growing traction in Europe, Bossjob is bringing its real-time hiring model to the global Web3 job market. The platform connects employers directly with candidates through instant messaging, which is especially attractive to startups and DAOs looking for agile hiring.

What’s more, Bossjob’s AI-based talent matching helps employees immediately notice the occupations that fit them most in the Recommendation column. Also, once the job seekers set the job preferences, employers can easily preview their technical, cultural, and location info to consider if the candidates are suitable.

As part of this launch, Bossjob has rolled out Web3-focused filters and tags, making it easier for companies to post roles like:

  • Blockchain Developer
  • Web3 UI/UX Designers
  • Web3 Product Manager
  • DAO Operators
  • Crypto Community Managers

Besides, rising demand from GameFi, DePIN, and zk-rollup projects has also been seen now, which further reinforces the urgency of a platform that understands the nuances of this fast-evolving space.

Setting the Stage for Web3 Workforce Evolution

Bossjob is already trusted by millions of users and hundreds of employers, with hiring success stories spanning tech startups to multinational enterprises. Its commitment to using smart technology to solve hiring inefficiencies has made it a standout choice for companies that prioritize speed, trust, and results. Actively attending various conferences including Web3 industry across Asia, Bossjob will showcase how smart hiring infrastructure is critical for the next generation of decentralized innovation.

As the lines between traditional finance, crypto, and tech continue to blur, talent will be the most valuable currency. Bossjob aims to empower both sides of the hiring equation, helping visionary companies build faster, and enabling future-forward professionals to discover meaningful opportunities in the industries reshaping tomorrow.

SNOR: The Sleep-to-Earn Meme Coin Taking BSC by Storm | Hit $1M Market Cap with Just Vibes, Community, and Patience 1287

Tired of chasing green candles and watching pumps fly by? It’s time to stop stressing and start SNOR-ing. Introducing $SNOR—the ultimate chill-and-earn token on BSC that’s redefining passive income in crypto. Inspired by the king of naps himself, Snorlax, this project is for those who believe that true gains come when you’re at your most relaxed.

Let’s dive into what makes $SNOR the most comfortable moonshot of 2025.

Why Choose SNOR?

$SNOR isn’t just a meme—it’s a movement. Built for long-term holders and powered by community spirit, this token delivers real value without the stress of day trading. Here’s why SNOR is making waves:

Lazy Gains, Real Results
Let your bags grow while you kick back. SNOR rewards patience—and naps.

Inspired by Snorlax
The most iconic sleeper of all time meets the crypto world. Snorlax is the mascot of our chill revolution.

Low-Tax Ecosystem (2/2)
More gains for holders, less slippage for traders. A friendly tax structure that respects your patience.

Tight-Knit Community
A family that naps together, moons together. The SNOR army is growing daily with loyal, chill-maxed holders.

Built on BSC
Fast transactions, low fees, and massive accessibility. Perfect for casual and seasoned investors alike.

What $SNOR Has Already Achieved

SNOR might be relaxed, but the results are far from sleepy. This project has already shaken up the scene:

#1 Trending on DEXTools
SNOR surged to the top spot on DEXTools. Even the official DEXTools account gave it the nod with a like—showing massive validation from the platform itself.

Conquering the Spanish Market
Laser-focused marketing campaigns in Spain have taken off, unlocking huge international growth potential.

Reddit Weekly Trending
After dominating HOT and 24H charts, SNOR is now trending on Reddit’s weekly lists—a sign that the crypto crowd is wide awake to its potential.

Featured on Top Crypto Media
From Binance and Gate.io to CoinMarketCap, SNOR is grabbing headlines and turning skeptics into believers.

Top 2 Trending on CoinGecko
Hitting the #2 spot on CoinGecko’s trending list proves one thing: organic momentum is on our side.

Chart Update: Prime Re-Entry Zone

SNOR already proved its strength by smashing past a $1M market cap at its peak. After a healthy correction, it’s now sitting around $400K MC, offering a golden entry for new holders before the next leg up. With strong fundamentals and growing exposure, SNOR is positioned perfectly for a second wave—and beyond.

Snornomics: The Chillest Tokenomics in Crypto

  • Total Supply: 420,690,000,000,000 SNOR
  • Tax: 2% Buy / 2% Sell
  • Contract: 0xd013ca6b1F361a951f0c7125E65f5621C3DD8802

Built for sustainability and designed to favor holders, $SNOR keeps it simple—and effective.

Announcements & Upcoming Plans

The SNOR team isn’t sleeping on growth. With momentum building and community strength at an all-time high, several exciting developments are on the horizon:

  • CEX Listings Incoming: Multiple centralized exchange listings are in the pipeline to boost visibility and accessibility for $SNOR.
  • Spanish & Global Expansion: Continued marketing focus in Spain alongside a broader push into Asian and U.S. markets to expand the reach.
  • Community Events & AMAs: Scheduled Twitter Spaces, AMAs, and giveaways will keep the community engaged and rewarded.

The roadmap ahead is packed, and the team is fully committed to building a sustainable, hype-fueled brand around SNOR.

Join the SNOR Family

This isn’t just a token—it’s a lifestyle. If you’re ready to stop stressing and start stacking in your sleep, $SNOR is your calling. Join the family:

Website: https://snor.ai
Telegram: https://t.me/snorbnb
Twitter (X): https://x.com/SNORBNB

Nap Now. Moon Later.

In a market full of noise, SNOR offers peace, patience, and powerful potential. This is just the beginning—don’t sleep on it, sleep with it.

Paimon Finance to launch on Plume, Expanding Access to Blackstone BCRED for Global Investors 1459

Plume, the first fully integrated blockchain and ecosystem built specifically for Real World Asset Finance (RWAfi), today announced that Paimon Finance, a pioneer in RWA tokenization and Binance Most Valuable Builder Season 8 incubatee, will be launching on Plume to expand access to the underlying asset, Blackstone Private Credit Fund (BCRED), in addition to their tokenized Airbus A320 aircraft leasing deal.

This collaboration broadens the availability of institutional-grade investment products – traditionally limited to accredited investors – to Plume users, combining enhanced transparency, security, and efficiency.

“Alternative assets like Blackstone’s BCRED and A320 leasing offer diversification while maintaining attractive returns,” said Chris Yin, CEO and Co-Founder of Plume. “Over the past decade, alternatives have outpaced other asset classes. We’re thrilled to partner with Paimon to onboard more high-quality assets onto Plume’s ecosystem.”

Guyan Liu, Co-Founder of Paimon Finance, added: “Tokenization is a massive market, and current players are only scratching the surface. Plume provides exceptional infrastructure to drive demand, a thriving ecosystem, and is a reliable partner. Paimon has a robust pipeline of unique assets and is dedicated to unlocking access for on-chain investors.”

Institutional adoption of tokenization continues accelerating, with Standard Chartered projecting a $30 trillion RWA market opportunity. Major financial institutions are increasingly recognizing tokenization’s potential to transform traditional markets through fractional ownership, enhanced liquidity, and 24/7 trading capabilities.

Larry Fink recently stated “Every stock, every bond, every fund—every asset—can be tokenized. If they are, it will revolutionize investing,” while JP Morgan, BlackRock, and other Wall Street leaders have launched their own digital asset initiatives. The availability of Blackstone’s BCRED on Plume marks another step in the institutional embrace of blockchain-powered financial infrastructure.

The upcoming launch of Paimon Finance on Plume signals the beginning of a new era in which sophisticated investors can access premier credit investments with unprecedented ease and accessibility. As the tokenization of real-world assets (RWAs) continues to evolve, this development highlights blockchain’s role in expanding access to financial infrastructure, offering broader participation in traditionally restricted asset classes.

About Paimon Finance

Paimon Finance empowers DeFi with tokenized real-world assets, offering institutional-quality RWAs like private credit, venture equity, and aviation leases. Recognized by Binance Most Valuable Builder Season 8, Paimon’s team combines decades of experience from Goldman Sachs, Citadel, UBS, Franklin Templeton, and J.P. Morgan with deep DeFi innovation. Users can learn more: https://www.paimon.finance/

About Plume

Plume is the first full-stack RWA Chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of real world assets. With 200+ projects building on the network, Plume offers a composable, EVM-compatible environment for onboarding and managing diverse real world assets. Coupled with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies asset onboarding and enables seamless DeFi integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for native crypto users.

Users can learn more at https://plumenetwork.xyz/