Hot Topics Today

• The FOMC rate decision is scheduled for July 31st. According to FedWatch, there is a 4.1% chance of a rate cut to 500-525bps.

• The owner of the Doge meme has adopted a dog named NEIRO. The internal debate in CT over $NEIRO continues.

• $COMP - Compound just suffered a "governance attack" by someone named Humpy. A $24 million proposal passed despite opposition from the DAO

• $DASH - Dash will release its Evolution platform on July 29th. Evolution is a platform for executing data contracts.

• $JUP - Jupiter's proposal to reduce its token supply by 30% will go up for voting on August 1st.

• $GMX - GMX has approved a proposal to change its revenue distribution from "buy back ETH and distribute ETH" to "buy back GMX and distribute GMX".

• $KUJI - Kujira will upgrade its testnet to Cosmos SDK v0.50 this week (Road to perps).

• $VANRY - Virtua will make a major announcement on July 30th.

• $W - $176 million worth of Wormhole tokens will be unlocked on August 3rd, representing 33% of its circulating supply. • $ZETA - $34 million worth of Zetachain tokens will be unlocked on August 1st, representing 18.92% of its circulating supply