QMMM Stock Soars 1700% on AI & Crypto Ecosystem News
QMMM Holdings Ltd (QMMM) saw an explosive rise in its stock price on Tuesday, closing the regular trading session with a massive gain of over 1700%. But after the market closed, the stock started dropping fast.
So what caused this wild ride?
QMMM announced a bold move into the world of blockchain and artificial intelligence. The company is building what it calls a “crypto-autonomous ecosystem,” combining AI technology with blockchain to create new tools for digital finance.
As part of this plan, QMMM will launch a $100 million crypto treasury. This fund will invest in major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The goal is to back its ecosystem with strong digital assets.
In addition, QMMM is creating a decentralized data marketplace. This platform will use AI to analyze large sets of trading data, giving investors smarter insights and helping them make better decisions.
QMMM’s CEO, Bun Kwai, said the company wants to lead the shift toward Web3 – the next generation of the internet powered by blockchain. He emphasized that QMMM aims to grow responsibly, follow regulations, and work with partners to build a strong ecosystem.
Despite the hype during regular hours, QMMM’s stock took a big hit after-hours. After closing at $207—a huge jump from its $14.92 opening price—the stock fell nearly 50%, landing around $105 in after-market trading.
Key takeaways:
– QMMM stock soared 1736.73% during Tuesday’s session.
– The company is launching a new AI and blockchain-powered ecosystem.
– A $100 million crypto treasury will support Bitcoin, Ethereum, and Solana.
– A decentralized marketplace will help traders with AI-based insights.
– Shares dropped significantly after hours despite the earlier surge.
Keywords: QMMM stock, blockchain, AI, crypto treasury, Bitcoin, Ethereum, Solana, Web3, decentralized data marketplace, stock price surge, after-hours trading.
Eightco Soars 3,000% After $250M Worldcoin Investment
Eightco Holdings (NASDAQ: OCTO) just made headlines with a bold move that sent its stock soaring over 3,000% in a single day. The company announced a $250 million plan to make Worldcoin (WLD) its main treasury asset, a decision that instantly caught the attention of investors.
Eightco is known for its e-commerce inventory management technology. But with this new strategy, it’s shifting toward the cryptocurrency space in a big way. To fund this major purchase, Eightco sold around 171.2 million shares at $1.46 each through a private placement.
The market responded immediately. Eightco’s stock skyrocketed from $1.45 to close at $45.08, briefly peaking at $82.98 during the day. It marked one of the biggest single-day gains for any Nasdaq-listed company this year.
A major reason for this move’s success is the support from BitMine Immersion Technologies. BitMine invested $20 million into Eightco by purchasing 13.7 million shares. BitMine is a heavyweight in the crypto world, holding over 2 million Ethereum (ETH), worth more than $9.2 billion. It’s second only to MicroStrategy when it comes to corporate crypto reserves.
BitMine’s investment aligns with its broader “Moonshot” strategy to expand its influence in the Ethereum ecosystem. Its chairman, Thomas Lee, has often emphasized Ethereum’s potential to connect traditional finance with artificial intelligence.
Worldcoin also saw a major boost following Eightco’s announcement. The token jumped nearly 50% in 24 hours, trading at $2.03. That’s an 80% rise over the past week and a strong comeback from its April low of $0.58—though still down from last year’s high of $11.74.
Worldcoin was created by OpenAI CEO Sam Altman and is known for its unique use of biometric technology. It uses special devices called “Orbs” to scan people’s irises and verify their identity. This system is designed to separate real humans from bots and AI-generated users online, aiming to build a trusted digital identity network across borders.
While the technology has drawn privacy concerns and even government restrictions in some countries, Eightco’s adoption of Worldcoin adds new credibility to the project. It signals that more companies may be open to using crypto assets outside of Bitcoin and Ethereum.
As part of its transformation, Eightco plans to change its stock ticker from OCTO to ORBS—clearly referencing Worldcoin’s iris-scanning devices. The fundraising round is set to close on September 11 and will finance Eightco’s purchase of Worldcoin tokens.
This major shift in strategy shows how companies are increasingly turning to digital assets like Worldcoin for innovation and future growth. With BitMine’s backing and strong investor interest, Eightco is positioning itself at the front line of crypto adoption and digital identity solutions.
Claude AI Predicts XRP, DOGE, PENGU Gains This Holiday
**Disclaimer:** Cryptocurrency is a high-risk investment. This article is for informational purposes only and not financial advice. You could lose all of your money.
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**Claude AI Predicts Big Gains for XRP, Pudgy Penguins, and Dogecoin This Holiday Season**
AI model Claude from Anthropic has highlighted three crypto assets—XRP, Pudgy Penguins (PENGU), and Dogecoin (DOGE)—as potential top performers heading into the holiday season. These picks align with current market momentum and recent major events in crypto regulation.
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**Crypto Market Is Heating Up Again**
Bitcoin recently hit a new all-time high of $124,128, beating its previous record of $122,838. The rally slowed down after July’s inflation numbers came in hotter than expected, but optimism is still high.
In regulatory news, President Trump signed the GENIUS Act into law. This new law requires stablecoins to be fully backed by reserves, giving more clarity to the market. Meanwhile, the SEC launched Project Crypto to update outdated securities laws and offer clearer rules for blockchain projects.
With these updates, many analysts believe we could be at the beginning of a new bull market. Claude AI’s predictions suggest XRP, PENGU, and DOGE could lead the charge in the next altcoin boom.
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**XRP Price Prediction: Could Hit $50 by Late 2025**
XRP (Ripple) could climb up to $50 by the end of 2025, according to Claude AI. That’s nearly 17 times its current price of around $3.
XRP recently reached a high of $3.65 in July, beating its 2018 record of $3.40 before dropping slightly. This shows strong investor interest.
In 2024, the United Nations Capital Development Fund endorsed XRP as a strong option for cross-border payments in developing countries. XRP also won a major legal battle when the SEC dropped its case against Ripple, confirming that retail trades of XRP are not considered securities.
Claude’s conservative estimate puts XRP between $3.20 and $5. But if the U.S. approves a spot XRP ETF, the $50 target could be possible.
Technical indicators support this outlook too. The Relative Strength Index (RSI) is at 55, showing rising buying interest. Several bullish flag patterns also suggest more price growth.
In the past year alone, XRP has risen 467%, outperforming Bitcoin (104%) and Ethereum (88%).
**Keywords:** XRP price prediction, Ripple news, XRP ETF, crypto bull run
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**Pudgy Penguins (PENGU): Solana’s Top Meme Coin on the Rise**
Pudgy Penguins ($PENGU) moved from Ethereum to Solana in December and quickly became Solana’s biggest meme coin. It now holds a market cap close to $2.2 billion.
Currently priced at $0.03465 after an 18% weekly gain, PENGU is the fifth-largest meme coin overall. It’s still 49% below its all-time high of $0.06845 set in December 2024.
With an RSI of 57 trending downwards, there’s room for more growth as traders eye the $0.05 level—a key psychological barrier and resistance level.
Between January and April, PENGU formed a descending wedge pattern—a bullish signal often seen before major price jumps.
Claude AI forecasts a possible price of $0.0791 by New Year’s if momentum continues. That would be a 123% gain in about five months.
**Keywords:** Pudgy Penguins Solana, PENGU price prediction, top meme coins 2024
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**Dogecoin (DOGE): The Original Meme Coin Still Going Strong**
Dogecoin ($DOGE), created in 2013 as a joke, has become one of the top 10 cryptocurrencies with a market cap of $36.3 billion out of a $4 trillion crypto market.
DOGE is widely used for payments and has a loyal community backing it. Tesla accepts DOGE for merchandise, and platforms like PayPal and Revolut allow DOGE transfers.
Currently trading at $0.2417, Dogecoin has doubled in value over the last year—beating Bitcoin, Ethereum, Shiba Inu, and Pepe in percentage gains.
After peaking at an RSI of 80 in July, DOGE dropped during a market dip but has rebounded to an RSI of 60—indicating strong buying interest again.
Chart watchers have noticed repeated falling wedge patterns since November, which often point to future upward moves.
Claude AI predicts DOGE could hit $0.39 by the end of the year—a 62% increase from today’s price. While not quite the long-awaited $1 target from the “Doge Army,” it still shows solid growth potential.
**Keywords:** Dogecoin forecast, DOGE price target, meme coin rally
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**Maxi Doge (MAXI): A New Meme Coin with Big Hype**
If you’re looking for something newer and more volatile than Dogecoin, Maxi Doge ($MAXI) might be worth a look. It’s being called the “amped-up cousin” of DOGE and has already raised nearly $2 million just weeks into its presale.
Built on Ethereum’s ERC-20 standard, MAXI aims to capture early meme coin hype with strong community engagement on Telegram and Discord. They’re running contests and working on collaborations with other projects.
25% of its total 150.24 billion token supply is reserved for marketing and partnerships via the Maxi Fund. Users can stake their tokens too—current yields are around 161% APY but expected to go down as more people join in.
The presale price is currently set at $0.0002565 with a small increase scheduled within the next 60 hours.
Buyers can participate through the Maxi Doge website using wallets like MetaMask or Best Wallet.
Stay updated via Maxi Doge’s official X (Twitter) and Telegram channels.
**Keywords:** Maxi Doge presale, new meme coin 2024, MAXI staking rewards
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These tokens—XRP, Pudgy Penguins, Dogecoin, and Maxi Doge—are generating buzz as we head into the holiday season. Whether you’re into well-established coins or high-risk newcomers, this might be a good time to pay attention to where things are heading next in crypto.
Crypto Stocks Swing Wildly Amid Bold Blockchain Bets
Metaplanet’s Bitcoin investment plan didn’t stop its stock from dropping 37% over the past month. Even though the company has been buying more Bitcoin, the market hasn’t responded well, showing how risky crypto-related stocks can be.
On Tuesday, crypto-linked companies had a rollercoaster ride. QMMM Holdings, an investment firm based in Hong Kong, saw its stock explode by more than 1,700%. On the flip side, Sol Strategies, a Canadian crypto company, had a rough debut on Nasdaq, with its stock falling 42% on its first day.
These huge differences show how unpredictable crypto-related stocks can be. Some companies soar on big announcements, while others sink despite solid plans.
QMMM Holdings got investors excited after revealing a new strategy that mixes blockchain technology with artificial intelligence. The company plans to build a platform that uses AI to analyze crypto data and create a Web3 ecosystem. It also aims to create a diverse crypto treasury, focusing on Bitcoin, Ether, and Solana. This bold plan caused its stock to skyrocket as investors reacted positively to the blend of AI and blockchain technologies.
At the same time, Sol Strategies didn’t get the same love from investors. The company focuses on managing Solana assets and staking operations. Even though it’s been working on growing its staking revenue and adjusting its crypto portfolio—by selling Bitcoin and buying Solana and Sui tokens—its stock still took a hit. Shares fell 42% on Nasdaq and dropped 16% on the Canadian Securities Exchange.
Other companies tied to crypto have seen mixed results too. Upexi, which also manages Solana-based assets, saw a small 2.1% dip in its stock over the past month. Meanwhile, DeFi Development Corp., another Solana-focused company, saw a 13.2% increase in its stock price.
Metaplanet, based in Japan, has continued to build up its Bitcoin reserves. Despite this long-term strategy and getting shareholder approval to keep buying more crypto, the company’s stock still plunged by 37%. This shows that even with strong plans, the market can be tough on companies tied closely to cryptocurrencies.
In short, investing in crypto-related stocks is still a high-risk game. Big announcements and strategies can move prices fast—up or down—depending on how investors feel about the future of blockchain and digital assets.
Eightco Invests $250M in Worldcoin Identity Project
A group of American crypto investors is betting big on Worldcoin, a digital identity project that uses iris scans to verify people. They believe this technology could become the global standard for verifying humans in an AI-powered future.
Eightco Holdings, a U.S. investment company, is bringing Worldcoin into the spotlight with what it calls the first-ever “Worldcoin treasury strategy.” This move involves raising money by selling nearly 185 million shares of Eightco’s stock. The funds raised—about $250 million—will go toward buying and holding Worldcoin (WLD) as a major asset in Eightco’s treasury.
The biggest chunk of the investment, around 171 million shares, was purchased by Mozayyx, an investment firm based in Austin, Texas. Other major investors include Discovery Capital Management, Kraken, Pantera, GSR, Coinfund, and Brevan Howard. Each share was sold at $1.46.
On top of that, BitMine Immersion Technologies, a company focused on Bitcoin and Ethereum mining, is investing another $20 million for 13.7 million shares.
Eightco is also rebranding itself on NASDAQ. It will change its ticker symbol from “OCTO” to “ORBS,” highlighting its new focus on blockchain identity and Web3 technologies.
Dan Ives, a well-known financial analyst, has taken over as chairman of Eightco. He explained the move by saying that AI brings endless possibilities, but Worldcoin brings something just as valuable—trust. He believes Worldcoin could become the go-to solution for verifying identity in the age of AI.
However, not everyone is on board. In Thailand, regulators have raised concerns about privacy and data collection. As a result, Worldcoin’s parent company, Tools for Humanity, has paused operations there for two weeks. They plan to hold an event called “Orb Deep Dive Day” to answer questions from regulators and security experts.
Thomas Lee, chairman of BitMine, offered a more cautious view. He pointed out that Worldcoin’s zero-knowledge proof technology could be key to building trust between humans and AI platforms in the future.
Ives also told CNBC that he sees Worldcoin as the future standard for online identity and authentication.
Eightco plans to use most of the funds to build a large reserve of Worldcoin (WLD), while also keeping some Ethereum and cash as backup assets.
On the day the announcement was made, Eightco’s stock opened at $18.84 and quickly jumped above $40 before settling around $37.
While much of the buzz is about the World app having 100 million users, only about 16 million people have actually completed the iris scan needed to verify their identity with Worldcoin’s Orb device. That means most users can’t yet use their World ID to pass Know Your Customer (KYC) or Anti-Money Laundering (AML) checks or buy WLD tokens.
With around $270 million invested so far and fewer than 16 million verified users, that puts the cost at roughly $16.88 per verified person.
Worldcoin hit 10 million verified users earlier this year, but growth has slowed due to regulatory pushback in countries like Germany, where its parent company is based. The project started scanning irises in the U.S. recently but hasn’t gained much traction in China.
In the past week alone, about 242,000 people have verified their identity with Worldcoin. If that pace keeps up, it would add about 12.5 million new verified users over the next year.
This major investment round is expected to officially close by September 11.