The lawsuit against Nike, which seeks more than $5 million, isn’t only about the money. It's a seismic crack in the carefully constructed facade of Web3, revealing the chasm between the utopian promises peddled to Gen Z and the harsh realities of unregulated digital speculation. Nike, a brand synonymous with...
The universe of NFTs, or Non-Fungible Tokens, is the current digital asset wild west craze. It’s an industry where fortunes can be made or lost in the blink of an eye! At Token ATH!, we’re monitoring these advancements, cutting through the noise and BS. One of the most recent cases...
The Nike NFT lawsuit isn’t all about digital sneakers and disgruntled investors. It's a flashing red light signaling a broader vulnerability in our financial system, a system increasingly intertwined with unregulated digital assets. This is not just a crypto issue; this is a market stability issue that requires urgent attention.NFTs:...
The lawsuit against Nike over its RTFKT NFT platform isn't just about virtual sneakers gone sour. It's a flashing red light for the entire NFT space and a stark reminder of what happens when innovation sprints ahead of regulation. The case, led by an Australian RTFKT NFT purchaser, Jagdeep Cheema,...
This week, Nike was hit with a $5 million class action lawsuit after abruptly shutting down its RTFKT NFT platform. According to the lawsuit, Nike’s conduct led to millions of dollars in losses for investors in some NFTs. Jagdeep Cheema, the Australian plaintiff, claims that the platform’s shutdown led to...
Token ATH! is here to break down the latest legal drama shaking up the NFT world: a $5 million class-action lawsuit against Nike. The subject of the lawsuit—which seeks class action status—is that Nike misled investors about how secure and valuable its sneaker-themed NFTs were. As a consequence, shareholders lost...
Remember the Beanie Baby craze? The tulip mania of the 1600s? We should have known better—a speculative bubble, or two. Maybe we had learned our lesson. Apparently not. Nike’s disastrous foray into NFTs with RTFKT ended in contemptuous abandonment, setting a perfect example for future NFT players about the dangers...
Remember Tamagotchis? Those tiny, virtual pet pals that were all the rage back in the 90s? They were the coolest showpiece, until, of course, everyone’s died a slow death from lack of care. During the boom, corporate titans such as Nike were clamoring to tell you why NFTs would be...
The NFT market, once considered the future of art, culture, and digital ownership, is going through a major correction. Lawsuits, plummeting trading volumes, and the departure of key brands play a role in this dramatic shift. Token ATH! provides a new, fresh take, full of insight and vision while going...
The suit occurs just months after Nike closed down its RTFKT NFT project in December 2024. In early April 2025, one of those lawsuits came crashing into Brooklyn, New York’s courtrooms. It alleges that due to Nike’s actions, the values of the RTFKT NFTs plummeted resulting in catastrophic financial harm...
Bitcoin’s dominance — its share of the total cryptocurrency market cap — is one of the most important technical indicators that so-called “smart money” investors follow. Bitcoin dominance (BTC.D) is the ratio of Bitcoin’s market cap compared to the total market cap of all cryptocurrencies. An increased Bitcoin dominance indicates...
The crypto world is at a crossroads. You’re hearing it from everyone, especially those with old school interests, that Bitcoin dominance is not just going to happen, but that it should be that way. That all altcoins are just “shitcoins” that will eventually disappear. They preach a gospel of digital...
You’ve probably fallen victim to the sexy siren song of the altcoin. They promise high, often unimaginable returns and advertise themselves as the new innovation that will dethrone Bitcoin. Are these just pie in the cybersky? I’m here to explain to you why, for the overwhelming majority of you, they’re...
BTC Dominance Bitcoin’s dominance (BTC.D) continues its bullish run, suggesting a market imbalance in favor of Bitcoin over other crypto competitors. Bitcoin’s dominance of the overall crypto market has gone through the roof. Now it’s getting closer to that truly awe inspiring 75% threshold, a percentage we haven’t achieved in...
XRP is one digital asset that’s gotten the attention of many investors, experienced and inexperienced. It has taken its hits in the crypto world. After a recent 30% decrease, XRP investors are looking for the catalyst that will allow the asset to dance towards the $1.00 mark and beyond. Hiroshi...
Ouch. That 30% plunge since January really hurts the most right now, am I right? Particularly for all of us who invested in XRP expecting a quick moonshot. Why did that 63% chance of reaching an all-time high in 2025 nosedive to just 39%? Yeah, that's a gut punch. We're...
It's been a wild ride, hasn't it? The last four-plus months have passed like a whirlwind. With legs-shaking ascents and gut-twisting descents, a new generation is starting to wonder whether the heyday is over. Since the start of this year, prices have dropped 30%. Now, they stand at about $2.31,...
This is the test. Is Bitcoin truly the people’s currency, or simply a virtual playground for the already wealthy? As analysts whisper about a potentially sluggish Q3 for Bitcoin, with retail investors salivating for a new all-time high that may never materialize this summer, a more uncomfortable truth is bubbling...