TRUMP coin, the official meme cryptocurrency tied to President-elect Donald Trump, faced a sharp $6 billion market value drop after Melania Trump introduced her rival token, MELANIA. The Solana-based MELANIA coin soared to a $12 billion valuation within hours of its launch, shaking up the crypto market. This development comes as the Trump administration signals a new era of U.S. crypto innovation.
Conservio, a South African travel-booking platform, has raised US$1 million to expand its nature-based travel operations across Southern Africa. Founded in 2020, the platform supports sustainable accommodations while promoting conservation efforts.
FARO, a South African startup, has raised $6 million to revolutionize affordable fashion and combat textile waste across Africa. By leveraging surplus inventory from global brands, FARO offers high-quality, discounted fashion while promoting sustainability.
LemFi, a fast-growing fintech focused on cross-border payments, has secured $53 million in new funding to expand its services across Asia and Europe.