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Explore why the TON public chain ecosystem is bound to explode?Recently, the NOT project has been frequently on the screen, topping the list of price increases almost every day. Although this project is just a simple Telegram robot click game and the white paper is only 9 pages, it has not affected people's attention to the TON public chain ecosystem. Why do I think the TON public chain ecosystem will explode? Let’s take a look at a few key points: 1. More projects will join the TON public chain ecosystem - Generous rewards: The TON Foundation provides a $150 million incentive plan to strongly support high-quality startup projects. - Perfect infrastructure: Based on Telegram, which has 1.3 billion users, with built-in native wallets and DEX trading markets, the TON public chain has formed a closed-loop encryption ecosystem. In addition, efficient sharding technology, flexible smart contract platform, strong cross-chain interoperability, and rich development tools and application ecosystems provide a solid foundation for the project.

Explore why the TON public chain ecosystem is bound to explode?

Recently, the NOT project has been frequently on the screen, topping the list of price increases almost every day. Although this project is just a simple Telegram robot click game and the white paper is only 9 pages, it has not affected people's attention to the TON public chain ecosystem.
Why do I think the TON public chain ecosystem will explode? Let’s take a look at a few key points:
1. More projects will join the TON public chain ecosystem
- Generous rewards: The TON Foundation provides a $150 million incentive plan to strongly support high-quality startup projects.
- Perfect infrastructure: Based on Telegram, which has 1.3 billion users, with built-in native wallets and DEX trading markets, the TON public chain has formed a closed-loop encryption ecosystem. In addition, efficient sharding technology, flexible smart contract platform, strong cross-chain interoperability, and rich development tools and application ecosystems provide a solid foundation for the project.
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Market catalysts could lead to higher prices: Could SocialFi, GameFi, and other consumer apps take over Meme?In the current market, the catalysts for the bull market have become a hotly discussed topic. Can consumer applications such as SocialFi and GameFi replace Meme and become a new market driver? Where is the innovation? In the blockchain and cryptocurrency market, innovation is an important force driving market development. We are tired of seeing L2 projects launched at high valuations, and countless fork projects like Uniswap, Aave or Liquity. These projects lack innovation and fail to arouse market interest and investor enthusiasm. Infrastructure protocols, such as data availability, oracles, blockchain as a service, etc., although important, fail to bring new value-added points to investors.

Market catalysts could lead to higher prices: Could SocialFi, GameFi, and other consumer apps take over Meme?

In the current market, the catalysts for the bull market have become a hotly discussed topic. Can consumer applications such as SocialFi and GameFi replace Meme and become a new market driver?
Where is the innovation?
In the blockchain and cryptocurrency market, innovation is an important force driving market development. We are tired of seeing L2 projects launched at high valuations, and countless fork projects like Uniswap, Aave or Liquity. These projects lack innovation and fail to arouse market interest and investor enthusiasm. Infrastructure protocols, such as data availability, oracles, blockchain as a service, etc., although important, fail to bring new value-added points to investors.
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Analysis: Trump's conviction makes it impossible to run for public office?Donald Trump was found guilty of all 34 felony counts of falsifying business records in a Manhattan criminal trial, becoming the first former president in U.S. history to be convicted. The verdict injected an explosive and unpredictable new variable into the 2024 U.S. presidential election. 1. Is Trump’s verdict an opportunity for Biden? Presidential campaign strategists from both parties agreed that the guilty verdict provides a new opportunity for Biden, even though his lackluster performance and declining poll numbers have raised concerns within the Democratic Party. Michael Taylor, Biden campaign communications director, said in a statement Thursday that the result shows that "no one is above the law" and that Trump "has always mistakenly believed that he would never be punished for breaking the law for personal gain."

Analysis: Trump's conviction makes it impossible to run for public office?

Donald Trump was found guilty of all 34 felony counts of falsifying business records in a Manhattan criminal trial, becoming the first former president in U.S. history to be convicted. The verdict injected an explosive and unpredictable new variable into the 2024 U.S. presidential election.
1. Is Trump’s verdict an opportunity for Biden?
Presidential campaign strategists from both parties agreed that the guilty verdict provides a new opportunity for Biden, even though his lackluster performance and declining poll numbers have raised concerns within the Democratic Party. Michael Taylor, Biden campaign communications director, said in a statement Thursday that the result shows that "no one is above the law" and that Trump "has always mistakenly believed that he would never be punished for breaking the law for personal gain."
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Today’s breaking news: After only three days of success, the “Mingbi” group collapsedA 30,000% surge overnight: The charm and bubble of "celebrity coins" Recently, a report titled "A 30,000% increase overnight, did American celebrity Katherine Jenner launch a Trump-themed MEME coin?" was first published on Followin, which attracted widespread attention in the market. Caitlyn Jenner, an Olympic champion, actress, member of the Kardashian family, transgender, Trump's number one fan, and also a supporter of Solana Summer, has 3.36 million fans on the X platform. With so many labels, JENNER coin has become the focus of the market as soon as it was launched. The rise of the concept of "celebrity currency"

Today’s breaking news: After only three days of success, the “Mingbi” group collapsed

A 30,000% surge overnight: The charm and bubble of "celebrity coins"
Recently, a report titled "A 30,000% increase overnight, did American celebrity Katherine Jenner launch a Trump-themed MEME coin?" was first published on Followin, which attracted widespread attention in the market.
Caitlyn Jenner, an Olympic champion, actress, member of the Kardashian family, transgender, Trump's number one fan, and also a supporter of Solana Summer, has 3.36 million fans on the X platform. With so many labels, JENNER coin has become the focus of the market as soon as it was launched.
The rise of the concept of "celebrity currency"
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Thinking: The key factors for Memecoin’s successWith the development of the cryptocurrency market, Memecoin has gradually become a way to solve the market dilemma. In the case of poor liquidity, VC and retail investors unable to take over, and the intensified conflicts between the project and community users on airdrops and anti-Sybil attacks, Memecoin has shown unique appeal. Recently, as the price of Bitcoin rebounded to more than $66,000, six of the most traded tokens on the Binance platform belong to Memecoin, namely PEPE, FLOKI, WIF, DOGE, BOME and SHIB. Thinking about those Memecoins whose market capitalization can remain high, such as the originator DOGE and the emerging PEPE, the reasons for their success are nothing more than the following five factors: cultural foundation, simplicity and recognizability, entertainment and humor, low-threshold secondary creation, and the promotion of super influencers and soul figures.

Thinking: The key factors for Memecoin’s success

With the development of the cryptocurrency market, Memecoin has gradually become a way to solve the market dilemma. In the case of poor liquidity, VC and retail investors unable to take over, and the intensified conflicts between the project and community users on airdrops and anti-Sybil attacks, Memecoin has shown unique appeal. Recently, as the price of Bitcoin rebounded to more than $66,000, six of the most traded tokens on the Binance platform belong to Memecoin, namely PEPE, FLOKI, WIF, DOGE, BOME and SHIB.

Thinking about those Memecoins whose market capitalization can remain high, such as the originator DOGE and the emerging PEPE, the reasons for their success are nothing more than the following five factors: cultural foundation, simplicity and recognizability, entertainment and humor, low-threshold secondary creation, and the promotion of super influencers and soul figures.
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With the change in attitudes of the two major parties in the United States towards crypto assets, can the overall market continue to rise?As the 2024 U.S. presidential election approaches, the cryptocurrency market, especially the meme currency sector related to U.S. election politics, has shown significant growth and activity. In particular, Polifi sector tokens, such as TRUMP, MAGA and TRUMP2024, have performed particularly well in the token market, which are closely related to former President Donald Trump. Recently, Trump’s actions in supporting the cryptocurrency field have received widespread support from relevant people. At the same time, the Democratic Party and current President Biden's attitude towards cryptocurrencies has also changed rapidly. In order to succeed in the general election, candidates have put aside their stances and accepted areas that they had previously resisted, because the potential and influence of cryptocurrencies cannot be ignored.

With the change in attitudes of the two major parties in the United States towards crypto assets, can the overall market continue to rise?

As the 2024 U.S. presidential election approaches, the cryptocurrency market, especially the meme currency sector related to U.S. election politics, has shown significant growth and activity. In particular, Polifi sector tokens, such as TRUMP, MAGA and TRUMP2024, have performed particularly well in the token market, which are closely related to former President Donald Trump. Recently, Trump’s actions in supporting the cryptocurrency field have received widespread support from relevant people.

At the same time, the Democratic Party and current President Biden's attitude towards cryptocurrencies has also changed rapidly. In order to succeed in the general election, candidates have put aside their stances and accepted areas that they had previously resisted, because the potential and influence of cryptocurrencies cannot be ignored.
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Ethereum ETF is about to be launched, and its profound impact on Layer2The U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 forms for multiple spot Ethereum ETFs submitted by companies such as BlackRock, Fidelity and Grayscale. Although these forms have been approved, ETF issuers must wait until the S-1 registration statement becomes effective before they can start trading. The SEC has only recently begun dialogue with issuers on the S-1 form, and the specific time required for the process is still unclear. The introduction of an Ethereum ETF in the United States could have a significant impact on Ethereum Layer 2 solutions. Here are a few key points to consider: 1. Increased demand and usage

Ethereum ETF is about to be launched, and its profound impact on Layer2

The U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 forms for multiple spot Ethereum ETFs submitted by companies such as BlackRock, Fidelity and Grayscale. Although these forms have been approved, ETF issuers must wait until the S-1 registration statement becomes effective before they can start trading. The SEC has only recently begun dialogue with issuers on the S-1 form, and the specific time required for the process is still unclear.

The introduction of an Ethereum ETF in the United States could have a significant impact on Ethereum Layer 2 solutions.

Here are a few key points to consider:
1. Increased demand and usage
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Identity verification guide in the Crypto x AI wave: How to determine the potential for practical applications?In the search for new alpha information, we inevitably encounter a lot of junk information. When a project can quickly raise five or six figures with just a semi-clear brief and some decent branding, speculators will seize on every new narrative. And as traditional financial sectors have jumped on the AI ​​bandwagon, the "crypto AI" narrative has exacerbated this problem. There are two main problems with these projects: 1. Most crypto projects don’t need AI. 2. Most AI projects do not require cryptocurrency. Not every decentralized exchange (DEX) needs an AI assistant built in, nor does every chatbot need an accompanying token to facilitate its adoption curve. This hard-wired marriage of AI and crypto almost broke me when I first dug into this narrative.

Identity verification guide in the Crypto x AI wave: How to determine the potential for practical applications?

In the search for new alpha information, we inevitably encounter a lot of junk information. When a project can quickly raise five or six figures with just a semi-clear brief and some decent branding, speculators will seize on every new narrative. And as traditional financial sectors have jumped on the AI ​​bandwagon, the "crypto AI" narrative has exacerbated this problem.
There are two main problems with these projects:
1. Most crypto projects don’t need AI.
2. Most AI projects do not require cryptocurrency.
Not every decentralized exchange (DEX) needs an AI assistant built in, nor does every chatbot need an accompanying token to facilitate its adoption curve. This hard-wired marriage of AI and crypto almost broke me when I first dug into this narrative.
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Today’s latest news: Main process 19b-4 has been approved! US Ethereum spot ETF is about to be launchedNot long ago, the price of Ethereum dropped significantly, once falling below $2,900, and the ETH/BTC exchange rate also hit a three-year low. The market's attitude towards Ethereum is full of contradictions and uncertainties, and many people believe that there is little hope of approval of the Ethereum spot ETF. The main reason is the continued review of the Ethereum Foundation by the U.S. Securities and Exchange Commission (SEC) and the tough attitude of the SEC Chairman, which has led to the market being generally bearish on Ethereum. However, on May 21, the market suddenly changed direction. There was news that the Ethereum spot ETF was expected to be approved, and the price of Ethereum rebounded rapidly, rising by more than 20% overnight, approaching $3,800. The entire market rose accordingly, Bitcoin once again broke through $71,000, and altcoins generally rose by about 10%. Since then, good news has come one after another. The SEC urged the submission of materials, and institutions such as VanEck worked overtime to prepare application documents. The market is looking forward to the official approval of the Ethereum spot ETF.

Today’s latest news: Main process 19b-4 has been approved! US Ethereum spot ETF is about to be launched

Not long ago, the price of Ethereum dropped significantly, once falling below $2,900, and the ETH/BTC exchange rate also hit a three-year low. The market's attitude towards Ethereum is full of contradictions and uncertainties, and many people believe that there is little hope of approval of the Ethereum spot ETF. The main reason is the continued review of the Ethereum Foundation by the U.S. Securities and Exchange Commission (SEC) and the tough attitude of the SEC Chairman, which has led to the market being generally bearish on Ethereum.
However, on May 21, the market suddenly changed direction. There was news that the Ethereum spot ETF was expected to be approved, and the price of Ethereum rebounded rapidly, rising by more than 20% overnight, approaching $3,800. The entire market rose accordingly, Bitcoin once again broke through $71,000, and altcoins generally rose by about 10%. Since then, good news has come one after another. The SEC urged the submission of materials, and institutions such as VanEck worked overtime to prepare application documents. The market is looking forward to the official approval of the Ethereum spot ETF.
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Opinion: Why TVL is an invalid metric for DEXs?Rethinking the validity of TVL I’ve said it once and I’ll say it again: TVL (total value locked) is a terrible metric for derivatives trading. The Nature of Leverage The charm of leverage is that you can exchange $10 of purchasing power for $1 of margin. If the ratio of TVL to trading volume is too high, it means that the capital efficiency is not high, which deviates from the goal of perpetual contracts. Why does anyone care about TVL? In proof-of-stake (PoS) networks, such as Ethereum or Solana, it makes sense to assess the economic security of a network based on the amount of capital staked. The more dollars staked in Ethereum, the harder it is to attack the network.

Opinion: Why TVL is an invalid metric for DEXs?

Rethinking the validity of TVL
I’ve said it once and I’ll say it again: TVL (total value locked) is a terrible metric for derivatives trading.
The Nature of Leverage
The charm of leverage is that you can exchange $10 of purchasing power for $1 of margin. If the ratio of TVL to trading volume is too high, it means that the capital efficiency is not high, which deviates from the goal of perpetual contracts.

Why does anyone care about TVL?
In proof-of-stake (PoS) networks, such as Ethereum or Solana, it makes sense to assess the economic security of a network based on the amount of capital staked. The more dollars staked in Ethereum, the harder it is to attack the network.
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“High FDV + low circulation” causes dissatisfaction in the community: Binance adjusts its coin listing strategy, where should project owners and retail investors go?Background Recently, due to the fact that "high FDV + low circulation" tokens have flooded the market and generally performed poorly, the community has become strongly dissatisfied with VC (venture capital) and value coins. This phenomenon has not only aroused controversy between MEME coins and VC/value coins, but has also attracted the attention and participation of investment institutions including a16z and Dragonfly. Exchange Adjustments: New Strategies for Binance and OKX In this context, crypto exchanges Binance and OKX have adjusted their listing strategies. On the evening of May 20, Binance released a public recruitment plan for listing projects. The announcement pointed out that tokens with high valuations and low circulation will bring huge selling pressure when they are unlocked in the future, which is not good for ordinary investors and loyal community members of the project. To this end, Binance decided to take the lead in supporting small and medium-sized cryptocurrency projects and encourage high-quality teams to apply for listing, including direct listing, Launchpools and Megadrops. Binance hopes to promote the development of the blockchain ecosystem by supporting small and medium-sized projects with good fundamentals, organic community foundation, sustainable business model and industry responsibility.

“High FDV + low circulation” causes dissatisfaction in the community: Binance adjusts its coin listing strategy, where should project owners and retail investors go?

Background
Recently, due to the fact that "high FDV + low circulation" tokens have flooded the market and generally performed poorly, the community has become strongly dissatisfied with VC (venture capital) and value coins. This phenomenon has not only aroused controversy between MEME coins and VC/value coins, but has also attracted the attention and participation of investment institutions including a16z and Dragonfly.
Exchange Adjustments: New Strategies for Binance and OKX
In this context, crypto exchanges Binance and OKX have adjusted their listing strategies. On the evening of May 20, Binance released a public recruitment plan for listing projects. The announcement pointed out that tokens with high valuations and low circulation will bring huge selling pressure when they are unlocked in the future, which is not good for ordinary investors and loyal community members of the project. To this end, Binance decided to take the lead in supporting small and medium-sized cryptocurrency projects and encourage high-quality teams to apply for listing, including direct listing, Launchpools and Megadrops. Binance hopes to promote the development of the blockchain ecosystem by supporting small and medium-sized projects with good fundamentals, organic community foundation, sustainable business model and industry responsibility.
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Opinion: Are VCs the culprits of the bull market? VCs are also in troubleBinance released a report that explored the "culprit" of the bull market - VC coins. The report is pertinent, pointing out that according to the current market value, the entire market will unlock $155 billion in funds by 2030, forming an extremely terrifying selling pressure. The main reason is the extremely high opening FDV (Fully Diluted Value) and extremely low initial circulation. The Binance report pointed out that before the TGE (token generation event), VC had pushed the valuation to a very high price. I have also discussed this topic and response strategies on Twitter. If you are interested, you can check out the relevant content. There is indeed a phenomenon of false prosperity in the current market. On the one hand, everyone resists VC coins, and on the other hand, a large number of VC friends complain that they can't make money. Due to the lock-up period, project parties and investors are forced to sell tokens at extremely low prices and look for buyers through OTC (over-the-counter transactions).

Opinion: Are VCs the culprits of the bull market? VCs are also in trouble

Binance released a report that explored the "culprit" of the bull market - VC coins. The report is pertinent, pointing out that according to the current market value, the entire market will unlock $155 billion in funds by 2030, forming an extremely terrifying selling pressure. The main reason is the extremely high opening FDV (Fully Diluted Value) and extremely low initial circulation. The Binance report pointed out that before the TGE (token generation event), VC had pushed the valuation to a very high price. I have also discussed this topic and response strategies on Twitter. If you are interested, you can check out the relevant content. There is indeed a phenomenon of false prosperity in the current market. On the one hand, everyone resists VC coins, and on the other hand, a large number of VC friends complain that they can't make money. Due to the lock-up period, project parties and investors are forced to sell tokens at extremely low prices and look for buyers through OTC (over-the-counter transactions).
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Memecoin analysis: Using social and financial data to determine the development stage and grasp the entry time1. Five stages of development of memecoin 2. Trading strategies at each stage 3. Definition of Social Score and Financial Score Most meme coins (more than 99%) will quickly return to zero, so how can we use data to improve our investment success rate? Following the previous article on how to use Farcaster social data to find crypto hotspots, this article will further explore how to calculate the social score of meme coins and combine it with the financial score to comprehensively evaluate their development stage. This analysis method and data come from ilemi, an on-chain data analyst. Further reading: How to analyze Farcaster social data and gain insight into the next narrative hotspot in the market?

Memecoin analysis: Using social and financial data to determine the development stage and grasp the entry time

1. Five stages of development of memecoin
2. Trading strategies at each stage
3. Definition of Social Score and Financial Score
Most meme coins (more than 99%) will quickly return to zero, so how can we use data to improve our investment success rate? Following the previous article on how to use Farcaster social data to find crypto hotspots, this article will further explore how to calculate the social score of meme coins and combine it with the financial score to comprehensively evaluate their development stage. This analysis method and data come from ilemi, an on-chain data analyst.
Further reading: How to analyze Farcaster social data and gain insight into the next narrative hotspot in the market?
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How to analyze Farcaster social data and gain insight into the next narrative hotspot in the market?In the fast-paced cryptocurrency space, understanding the narrative is one of the keys to profiting. When a project starts to be discussed a lot, its price may rise rapidly; and when the topic becomes a hot topic among the public, its price may be close to its peak. Analyzing data from Farcaster, an emerging decentralized social platform in the Web3 space, can help us better understand which projects and narratives are gaining traction and hopefully find the next market hotspot. Well-known KOL Dan Zong (@CXO_no) commented at the end of April that the narrative of Farcaster/Base is not limited to memecoin, but also includes creator economy, AI, social and game play based on the Farcaster protocol, with a wide range of possibilities. He further predicted this week that Farcaster/Base will be more imaginative, waiting for a phenomenal "first project (the first project in the ecosystem that surprises you)".

How to analyze Farcaster social data and gain insight into the next narrative hotspot in the market?

In the fast-paced cryptocurrency space, understanding the narrative is one of the keys to profiting. When a project starts to be discussed a lot, its price may rise rapidly; and when the topic becomes a hot topic among the public, its price may be close to its peak.
Analyzing data from Farcaster, an emerging decentralized social platform in the Web3 space, can help us better understand which projects and narratives are gaining traction and hopefully find the next market hotspot.
Well-known KOL Dan Zong (@CXO_no) commented at the end of April that the narrative of Farcaster/Base is not limited to memecoin, but also includes creator economy, AI, social and game play based on the Farcaster protocol, with a wide range of possibilities. He further predicted this week that Farcaster/Base will be more imaginative, waiting for a phenomenal "first project (the first project in the ecosystem that surprises you)".
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New news worth noting: MEME's first presidential election: Trumpcoin won the first game, we need to be wary of many MEMEs being Pixiu disksIn the year of the US election, the crypto world has also set off a presidential MEME craze. On May 9, US presidential candidate Donald Trump announced that his campaign would accept cryptocurrency donations. This news triggered widespread discussion in the crypto community, and at the same time, various Trump-themed MEME coins quickly became popular. In order to further gain support from the crypto community, Trump said: "Biden doesn't even know what cryptocurrency is. If you like cryptocurrency, you'd better vote for Trump." He also promised to stop the US's hostility towards cryptocurrency and embrace it. As soon as this statement came out, a wave of MEME coin speculation with the theme of the presidential election was set off in the crypto field.

New news worth noting: MEME's first presidential election: Trumpcoin won the first game, we need to be wary of many MEMEs being Pixiu disks

In the year of the US election, the crypto world has also set off a presidential MEME craze. On May 9, US presidential candidate Donald Trump announced that his campaign would accept cryptocurrency donations. This news triggered widespread discussion in the crypto community, and at the same time, various Trump-themed MEME coins quickly became popular.
In order to further gain support from the crypto community, Trump said: "Biden doesn't even know what cryptocurrency is. If you like cryptocurrency, you'd better vote for Trump." He also promised to stop the US's hostility towards cryptocurrency and embrace it. As soon as this statement came out, a wave of MEME coin speculation with the theme of the presidential election was set off in the crypto field.
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A potential new star in the BTC ecosystem: Master Protocol’s open airdrop and pre-mining activity guideOverview: Bitcoin Ecosystem's [Eigenlayer + Pendle] Native Restaking Protocol Master Protocol Since Ethereum launched staking ETH withdrawals in April 2023, many innovative protocols have emerged to explore multiple integrations of LST tokens in DeFi, providing users with additional income strategies in addition to staking income. The re-staking track has risen rapidly, attracting the attention of institutions, large investors and retail investors. Since Ethereum switched to the PoS mechanism, more than 32.5 million ETH have been staked, accounting for more than 26% of the ETH supply, with a total value of more than US$100 billion. Entering 2024, the re-staking track continues to be favored by capital, and many projects have received tens of millions of dollars in investment. Binance launched the re-staking projects EtherFi and Renzo in March and April respectively. The frequent investment of institutions and the successive launch of projects have made the re-staking track a new gold mine for Web3.

A potential new star in the BTC ecosystem: Master Protocol’s open airdrop and pre-mining activity guide

Overview: Bitcoin Ecosystem's [Eigenlayer + Pendle] Native Restaking Protocol Master Protocol
Since Ethereum launched staking ETH withdrawals in April 2023, many innovative protocols have emerged to explore multiple integrations of LST tokens in DeFi, providing users with additional income strategies in addition to staking income. The re-staking track has risen rapidly, attracting the attention of institutions, large investors and retail investors. Since Ethereum switched to the PoS mechanism, more than 32.5 million ETH have been staked, accounting for more than 26% of the ETH supply, with a total value of more than US$100 billion.
Entering 2024, the re-staking track continues to be favored by capital, and many projects have received tens of millions of dollars in investment. Binance launched the re-staking projects EtherFi and Renzo in March and April respectively. The frequent investment of institutions and the successive launch of projects have made the re-staking track a new gold mine for Web3.
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MEME coin is back: Kitty concept coin analysisAround 2021, the "short squeeze" of GameStop stock became a legend in the US stock market. Roaring Kitty (real name Keith Gill), as the main promoter of this incident, led retail investors to fight against Wall Street short sellers through social media platforms such as Reddit, eventually causing well-known hedge funds to lose $5.05 billion. This battle not only spawned movies and documentaries, but also sparked heated discussions in the market about "resistance culture" and "low threshold trading." Although this has no direct connection with the cryptocurrency world, the rebellious spirit represented by Kitty and Robinhood’s “low threshold trading” model coincide with the culture of the crypto community. The wave triggered by Kitty has promoted the rise of various MEME coins including DOGE.

MEME coin is back: Kitty concept coin analysis

Around 2021, the "short squeeze" of GameStop stock became a legend in the US stock market. Roaring Kitty (real name Keith Gill), as the main promoter of this incident, led retail investors to fight against Wall Street short sellers through social media platforms such as Reddit, eventually causing well-known hedge funds to lose $5.05 billion. This battle not only spawned movies and documentaries, but also sparked heated discussions in the market about "resistance culture" and "low threshold trading."

Although this has no direct connection with the cryptocurrency world, the rebellious spirit represented by Kitty and Robinhood’s “low threshold trading” model coincide with the culture of the crypto community. The wave triggered by Kitty has promoted the rise of various MEME coins including DOGE.
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BTC trend is "extremely boring", rebound may have to wait until the second half of the yearCrypto markets ended the week on a subdued note as Bitcoin continued to consolidate between $60,000 and $65,000. The University of Michigan's May consumer report was worse than expected, with broader consumer indicators hitting their lowest level in six months. The report revealed that inflation expectations for the next year rose from 3.2% to 3.5%, still at a high level compared to pre-pandemic levels. The Federal Reserve seems to be in a "dilemma" to choose between adapting to a slowing economy and fighting rising inflation expectations. Risk assets erased gains after the report was released.

BTC trend is "extremely boring", rebound may have to wait until the second half of the year

Crypto markets ended the week on a subdued note as Bitcoin continued to consolidate between $60,000 and $65,000.
The University of Michigan's May consumer report was worse than expected, with broader consumer indicators hitting their lowest level in six months. The report revealed that inflation expectations for the next year rose from 3.2% to 3.5%, still at a high level compared to pre-pandemic levels. The Federal Reserve seems to be in a "dilemma" to choose between adapting to a slowing economy and fighting rising inflation expectations. Risk assets erased gains after the report was released.
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Essential tools for Memecoin on Solana: GMGN, AlphaVybe, and StepRecently, with the sharp adjustment of the cryptocurrency market, mainstream cryptocurrencies have continued to fall, and the liquidity of altcoins has gradually dried up. However, Memecoin on the Solana chain has remained vibrant and has become the only area in the market that is still thriving. Data shows that the number of new SPL coins per day has hit a record high, and the revenue of the one-click coin issuance platform Pump.fun has also reached a new high. Even the transaction volume on the Solana chain once exceeded the Ethereum mainnet, becoming the blockchain with the highest transaction volume on the chain DEX. In addition to following community topics, the most important thing for trading Memecoin is to analyze on-chain data. Therefore, the demand for Solana on-chain data tools is growing. This week, we will introduce three tools to help you manage on-chain assets or track on-chain addresses, as well as multiple TG Bot gadgets to help you become a master on the Solana chain.

Essential tools for Memecoin on Solana: GMGN, AlphaVybe, and Step

Recently, with the sharp adjustment of the cryptocurrency market, mainstream cryptocurrencies have continued to fall, and the liquidity of altcoins has gradually dried up. However, Memecoin on the Solana chain has remained vibrant and has become the only area in the market that is still thriving. Data shows that the number of new SPL coins per day has hit a record high, and the revenue of the one-click coin issuance platform Pump.fun has also reached a new high. Even the transaction volume on the Solana chain once exceeded the Ethereum mainnet, becoming the blockchain with the highest transaction volume on the chain DEX.
In addition to following community topics, the most important thing for trading Memecoin is to analyze on-chain data. Therefore, the demand for Solana on-chain data tools is growing. This week, we will introduce three tools to help you manage on-chain assets or track on-chain addresses, as well as multiple TG Bot gadgets to help you become a master on the Solana chain.
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The controversy between Binance and DWF Labs caused by Lamborghini: the secret fight between market makers and market disputesIn October 2023, Andrei Grachev, the Russian managing partner of DWF, posted a photo of a Lamborghini luxury car on social media with the text "DWF Lambo". This high-profile display of wealth quickly attracted widespread attention in the crypto industry. People speculated how the head of a seemingly small crypto institution could afford such an expensive luxury car. Andrei Grachev, 36, has held senior positions at the Russian branch of the cryptocurrency exchange Huobi. According to information, he is one of the co-founders of DWF Labs, which is headquartered in Switzerland.

The controversy between Binance and DWF Labs caused by Lamborghini: the secret fight between market makers and market disputes

In October 2023, Andrei Grachev, the Russian managing partner of DWF, posted a photo of a Lamborghini luxury car on social media with the text "DWF Lambo". This high-profile display of wealth quickly attracted widespread attention in the crypto industry. People speculated how the head of a seemingly small crypto institution could afford such an expensive luxury car.
Andrei Grachev, 36, has held senior positions at the Russian branch of the cryptocurrency exchange Huobi. According to information, he is one of the co-founders of DWF Labs, which is headquartered in Switzerland.
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