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Altcoin Season News: Telegram’s “Stars”, Roaring Kitty Surges & Satoshi’s Myth Debunked?

Altcoin Season News: Telegram is partnering with Tether (USDT) on the TON blockchain, “Roaring Kitty,” discloses a significant GameStop investment, Ripple’s CTO David Schwartz denies being Satoshi Nakamoto.

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Altcoin Season News: Telegram's "Stars", Roaring Kitty Surges & Satoshi's Myth Debunked? 2

Telegram has launched “Telegram Stars,” an in-app currency for purchases and app promotions, with a recent partnership to support Tether (USDT) on the TON blockchain. Meanwhile in Altcoin news, Keith Gill, known as “Roaring Kitty,” has disclosed a massive GameStop investment, causing a spike in its stock and a related meme coin. Ripple’s CTO David Schwartz warns of a phishing scam and humorously denies being Satoshi Nakamoto amidst crypto scam alerts.

Altcoin Season news: Telegram’s Stars

Altcoin Season News: Telegram just launched a new way to buy things inside the app, called “Stars”. You can use Stars on iPhones and Android phones to buy stuff from games and apps. Stars can also be exchanged for another type of digital money called Toncoin. This is good news for app makers because they can use Stars to advertise their apps within Telegram.

Telegram is hoping that with Stars and advertising help, more people will create and use mini apps like Hamster Kombat on Telegram. Even though Apple and Google charge a fee when you buy Stars, Telegram will help cover some of the cost if you use Stars for advertising. This makes it cheaper to launch apps on Telegram compared to other app stores.

Telegram is also working with a company called Tether to bring even more digital money options to the app.

Roaring Kitty Roars Again: Stream Anticipated After $586 Million GameStop Disclosure

Altcoin Season News: Keith “Roaring Kitty” Gill’s disclosure of his $586 million stake in GameStop has led to a significant surge in both GameStop’s stock and a related meme coin. GameStop shares increased by 47%, while the Solana-based GME meme coin soared over 103%. The meme coin, launched in January 2024, is a tribute to the 2021 GameStop stock rally and is not officially affiliated with the company.

Gill’s advocacy for GameStop, which began in 2019, has been a key factor in the stock’s dramatic rise. Despite his identity being revealed in 2021, he continues to support GameStop publicly. Anticipation is high for Gill’s upcoming live YouTube stream, which has already attracted over 10,000 viewers.

Ripple CTO Debunks Satoshi Myth While Exposing Crypto Scams

Altcoin Season News: David Schwartz, Ripple’s CTO, has issued a warning about a new phishing scam targeting the XRP community. He alerted users on X (formerly Twitter) about fraudulent messages claiming copyright investigations, which are actually phishing attempts to steal personal information.

Additionally, Ripple CEO Brad Garlinghouse was impersonated in a deepfake video promoting a crypto scam. Schwartz also addressed ongoing speculation that he might be Satoshi Nakamoto, the mysterious creator of Bitcoin, by humorously denying the claims with a selfie from the Consensus 2024 event, despite some followers still believing he is Nakamoto.

These days the Altcoin Season is having a good uptrend in the cryptocurrency market. Investors are hoping for more good returns from Altcoins. However, one should always keep in mind about the volatility of crypto. One should invest after doing a complete research or seek an advice from a financial expert.

Also Read: IO.NET (IO): Binance’s 55th Launchpool Project listing on May 11th, 2024


The content presented here may express the author’s personal opinions and is subject to change based on market conditions. It is crucial to conduct your own market research before investing in any cryptocurrency. Neither the author nor this publication assumes any responsibility for any financial losses you may incur.