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Ethereum Crashes Below $2,000 as Nvidia Shock Hits Crypto

Ethereum Just Lost $2,000 — And the Dip Buyers Are Betting on Something Bigger Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I've watched Ethereum test the $2,000 line plenty of times. Usually it holds. Usually the buyers show up, the line bends, and the story ends with a bounce. Today was different. Ethereum didn't just test $2,000 — it lost it, falling to $1,996.52 in early U.S. trading on Thursday, November 12, 2026, its first trade below the psychological line since August 19. Some data feeds put the intraday low even lower, at $1,983.82. And here's the twist that makes this more than just another red day: the trigger didn't come from crypto at all. It came from Nvidia. The chip giant's CEO, Jensen Huang, resigned, AI stocks sold off hard, and Ethereum — the asset Wall Street keeps insisting is the "AI blockchain" — got dragged down with them. So now the market is split in a way I haven't seen in weeks. On one...

Unveiling the Launch of WEN Token on Solana: A Deep Dive

The launch of the WEN token on Solana's decentralized finance aggregator Jupiter has been a highly anticipated event in the crypto community. Finally, after weeks of teasing, details have emerged regarding this new meme coin. Here is what we know so far:

Key Points:

  • The WEN token will be launched on Friday via Jupiter's launchpad.
  • The token comes from the DeFi NFT protocol Ovols using Jupiter's new token launchpad.
  • Pseudonymous Jupiter founder Meow shared additional information in a post on Twitter, including a poem titled "A Love Letter to Wen Bros" that was minted as an NFT using the Wen New Standard (WNS).
  • The NFT was fractionalized into 1 trillion WEN tokens, with 70% of the supply to be distributed equally across over a million eligible Solana wallets.
  • Claiming of the tokens will begin at 10 a.m. ET on Friday, January 26.
  • Despite its fractionalized nature, WEN tokens will trade like normal Solana tokens.

Eligibility Criteria:

  • Active Jupiter users over the past six months are eligible to receive WEN tokens.
  • Owners of Solana Saga smartphones are also included in the list of eligible wallets.
  • Holders of NFTs from Ovols and several top NFT collections will be eligible for WEN token distribution.
  • Full details regarding eligibility have yet to be confirmed.

The Wen Foundation, led by the Ovols NFT community, aims to give back to the Solana community by supporting the development of public goods and promoting the unique possibilities offered by Solana. As the launch date approaches, the crypto community eagerly awaits the distribution of the WEN token and the impact it may have on the Solana ecosystem.

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