Today's market trends:
1. Meme sector - PEPE, People, Floki, Wojak, Mog and others rose sharply. The meme coins of the Ethereum ecosystem led the rise. Among them, FLOKI plans to destroy 15,246,000,000 FLOKI tokens on May 22.
2. L2 sector - zkSync plans to airdrop a total of 21 billion tokens, with an expected market valuation of US$10 billion. ARB, OP, and STRK in the same track have a market value of approximately US$12 billion.
3. Social sector - Degen, Higher, Only1 rose sharply. Farcaster, a social protocol on the Base chain, received investment from a16z and Paradigm.
4. Domain name sector - ENS rose sharply. V God tweeted that he is optimistic about ENS and believes that it can be used as a tool to unify different L2s of ETH.
5. Arbitrum - announced the launch of a $200 million game catalyst program on Tally. On-chain voting is scheduled to start within 3 days, involving DMT, XAI, and MAGIC.
6. CRO - announced that the zkEVM testnet was successfully upgraded to Tethys, and the mainnet is scheduled to be launched in the summer.
7. GALA - The team received $20 million from hackers and proposed to destroy about 5 billion tokens after the security incident.
8. JUP - announced the giant unified market plan.
9. UNI - has responded to the SEC's Wells notice, and the House of Representatives is expected to pass a bill tomorrow to grant the CFTC trading power.
10. XAI - announced the completion of the first XAI halving event.
Gen pays more attention to Xiao Miao Zhuye Concise~