A Low-Profile Memecoin Is Quietly Gaining Serious Momentum

While everyone's watching the big-name coins, a lesser-known memecoin is gathering speed. With unique utility, a growing user base, and strong chart signals, our research team believes this could be a breakout waiting to happen.

Pete Buttigieg And Elon Musk Clash Over Hurricane Aid Flight Claims

Rounak Jain
October 05, 2024

Department of Transportation Secretary Pete Buttigieg took aim at Elon Musk on Friday over allegations that federal authorities hindered flights delivering aid to Hurricane Helene victims.

What Happened: Musk posted a screenshot implying that airspace was “shut down” and the Federal Aviation Administration (FAA) was “throttling flights.”

Musk voiced his frustration, stating, “The level of belligerent government incompetence is staggering!!”

In response, Buttigieg refuted these claims, asserting that the FAA does not obstruct legitimate rescue and recovery flights. He extended an invitation to Musk to discuss any issues directly, saying, “If you're encountering a problem give me a call.”

Following their public exchange, Musk expressed gratitude for a private conversation with Buttigieg, indicating a desire to resolve the matter. “Thanks for the call. Hopefully, we can resolve this soon,” Musk wrote, though the details of their discussion remain undisclosed.

See Also: Elon Musk’s Mom Chimes In After Son Says He Can’t Handle 4 Years Of ‘Seeing And Hearing’ Kamala Harris And Tim Walz

Musk also posted a video showing SpaceX engineers trying to deliver Starlink terminals.

Why It Matters: The backdrop of this exchange is the ongoing recovery efforts following Hurricane Helene, which has significantly impacted the region.

Musk’s SpaceX has been proactive in offering free Starlink access to affected areas, aiming to facilitate communication and aid efforts. This move was part of a broader initiative to deploy a software update ensuring Starlink systems operate without payment in hurricane-affected zones.

Furthermore, the hurricane season has been notably active, with Hurricane Helene contributing to widespread power outages, affecting millions. This has driven demand for backup generators, as noted by analysts observing increased consumer interest in such products.

Amidst these challenges, the White House has been countering accusations from Republicans regarding the misuse of FEMA funds in the aftermath of the hurricane. These claims have been strongly denied, with officials labeling them as falsehoods.

Read Next:

  • Kamala Harris Meets Arab American Leaders Angry At US For Supporting Israel In Ongoing Conflict In Gaza: Report

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Photo courtesy: Gage Skidmore via Flickr

Popular

China's Singles' Day online shopping bonanza's sales slow as shoppers opt for more affordable deals

BANGKOK (AP) — Sales during China's largest online shopping festival, Singles' Day, jumped almost 18% from a year earlier but the pace of growth slowed as bargain hunters opted for more affordable deals.

China's 'cryptoqueen' jailed in UK over $6.6 billion Bitcoin scam

LONDON (AP) — A Chinese woman who was found with 5 billion pounds ($6.6 billion) in after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a U.K. court on Tuesday to over 11 years in prison.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Trump Just Signed s.1582 Into Law - Now the Countdown Begins... - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

Anthropic announces $50B investment in new US data centers to meet AI demand

SAN FRANCISCO (AP) — Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York.

AMD, Oklo, AppLovin Corp, Viking Therapeutics And Novo Nordisk: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices closed mixed on Tuesday, with the Dow Jones Industrial Average climbing 1.2% to 47,927.96 and the S&P 500 inching up 0.2% to 6,846.61.

This Memecoin Looks Like a Joke-But Could Be a Goldmine - Ad

Forget DOGE and SHIB. We've uncovered a hidden memecoin showing surprising signs of strength. Early indicators-community traction, real-world utility, and institutional buzz-suggest this could be the most overlooked crypto play right now.

Why a Visa-Mastercard legal settlement could lead to your rewards credit card getting declined

NEW YORK (AP) — Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards.

MSNBC's name is being replaced, but its leaders insist that its mission will remain the same

NEW YORK (AP) — Asked what viewers should expect when television's MSNBC makes its from NBC News final this weekend, network president Rebecca Kutler points to a poster on the wall of a conference room at its new offices off Times Square.

Another Gold High? Here's the Move Wall Street Is Missing ... - Ad

Gold just surged past $4,200, up 45% in a year - but Sean Brodrick says $6,900 could be next. History shows when gold booms, one hidden play has delivered far bigger gains - 21x, 49x, even 1,386x. The same strategy once handed 26,000% profits. And Sean says it's back on the table now.

Mark Zuckerberg's Patience 'Ran Out': Hyperbolic CTO Says Yann LeCun's Meta Exit Was Inevitable After $15 Billion Alexandr Wang Deal

Hyperbolic CTO Yuchen Jin claimed that Yann LeCun's reported exit from Meta was inevitable after Mark Zuckerberg's $15 billion acquisition of Alexandr Wang, signaling a power shift in Meta's AI strategy from long-term research to aggressive, product-driven innovation.

Job Market Pessimism Among Americans Hovers At Record Highs: 'Fears of Unemployment Have Never Been This Elevated'

Job market pessimism among Americans has reached alarming levels, with a dramatic surge in fears about unemployment and job security in recent weeks.

Forget Amazon's 1997 IPO... This Could Be 287 Times Bigger - Ad

Since Amazon's IPO in 1997, it climbed enough to turn $100 into $250,000. Now, one man says Elon Musk could be gearing up to take his internet satellite giant public... in what Fortune magazine says will be the biggest IPO in history! James Altucher is sharing how ANYONE can get a pre-IPO stake... with as little as $100!

Meta Stock Continues To Slide: What's Going On?

Meta Platforms Inc (NASDAQ:META) shares are trading lower on Wednesday. Here's everything you need to know.

Vietnam's VinFast Hits Over 20,000 Monthly EV Deliveries

VinFast delivered a record 20,380 EVs in Vietnam in October—first local maker to top 20k in a month—even as shares dipped.

After 50 Years of Chemo, One Biotech Could Lead the Next Cancer Breakthrough - Ad

For decades, toxic chemotherapy defined cancer care. This biotech's innovative approach could finally change that. With early results showing precision without poison, this story is one investors will want to see early.

Watchdog group Public Citizen demands OpenAI withdraw AI video app Sora over deepfake dangers

The tech industry is moving fast and breaking things again — and this time it is humanity’s shared reality and control of our likeness before and after death — thanks to artificial intelligence image-generation platforms .

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

Turkey in talks with Qatar and Oman to buy used Eurofighter jets, Erdogan says

ANKARA, Turkey (AP) — Turkey is negotiating with Qatar and Oman to acquire used Eurofighter Typhoon fighter jets as part of its effort to bolster its air force capabilities, President said in comments released Friday.

How Europe's private drone industry eyes opportunity as NATO strengthens defense

AALBORG, Denmark (AP) — In a warehouse more than 1,500 kilometers (900 miles) from Ukraine's capital, workers in northern Denmark painstakingly piece together . Some of the devices will be exported to Kyiv in the hopes of jamming Russian technology on the battlefield, while others will be shipped across Europe in efforts to combat mysterious drone intrusions into NATO's airspace that have the entire continent on edge.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Wall Street Enters Its Strongest Month: These 7 Stocks Often Crush It

November is historically Wall Street's strongest month. These 7 stocks often delivered standout gains in recent decades.

Court Blocks Trump's SNAP Reductions, But Stricter Eligibility Rules Begin

New work requirements for SNAP begin Saturday, but benefits may not be issued through November due to the government shutdown.

The Real Brains Behind AI Machines - Ad

AI needs more than algorithms. It needs hardware that can think and move - without melting your data center. This one company designs the most efficient chips on the planet, used in billions of devices. And it just helped launch new AI processors for data centers and robotics.

Cathie Wood Goes Big On Alibaba With $25 Million Share Purchase, Scales Back On This Social Media Stock

Ark Invest made big moves in its portfolio, focusing on Alibaba, Baidu, and Reddit amid evolving market dynamics and regulatory challenges.

What to know as the annual sign-up window for health insurance arrives

Higher prices, less help and all hang over health insurance markets as shoppers start looking for coverage this week.

A Low-Profile Memecoin Is Quietly Gaining Serious Momentum - Ad

While everyone's watching the big-name coins, a lesser-known memecoin is gathering speed. With unique utility, a growing user base, and strong chart signals, our research team believes this could be a breakout waiting to happen.

Michael Caine and Matthew McConaughey partner with ElevenLabs for AI voice cloning

NEW YORK (AP) — Oscar-winning actors Michael Caine and Matthew McConaughey have made deals with voice-cloning company ElevenLabs that will allow its artificial intelligence technology to replicate their voices.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Waymo is hitting the highway. Here's what to know about the robotaxi's expanded service

SAN FRANCISCO (AP) — Waymo is hitting the highway. The company said starting Wednesday its robotaxis — already a common sight on some city streets — are expanding their routes to freeways and interstates around San Francisco, Los Angeles and Phoenix. And in the Bay Area, riders can now get dropped off or picked up curbside in driverless cars at San Jose Mineta International Airport. Other regions will get highway service soon, Waymo said.

Trump Just Signed s.1582 Into Law - Now the Countdown Begins... - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

Ontario premier doesn't back down against Trump, posts video of Reagan opposing tariffs

TORONTO (AP) — The leader of Canada's most populous province posted remarks by former U.S. President Ronald Reagan on social media on Friday showing Reagan opposed tariffs, hours after President announced he’s ending “all trade negotiations” with Canada because of a television ad that Trump said misstates Reagan's opposition to tariffs.

This Memecoin Looks Like a Joke-But Could Be a Goldmine - Ad

Forget DOGE and SHIB. We've uncovered a hidden memecoin showing surprising signs of strength. Early indicators-community traction, real-world utility, and institutional buzz-suggest this could be the most overlooked crypto play right now.

Meta, Alphabet, Chipotle, Microsoft And Starbucks: Why These 5 Stocks Are On Investors' Radars Today

Major stock indexes traded mixed on Wednesday, with the Dow Jones Industrial Average slipping nearly 0.2% to 47,632 and the S&P 500 holding steady at 6,890.59.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service