Jupiter Lianchuang: New PPP mechanisms need to be invented t | Kun Lee on Binance Square

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Jupiter Lianchuang: New PPP mechanisms need to be invented to prove that there are better alternatives than PVP
#PPP #PVP #JUP 
$PEPE  $NOT  $SOL  

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In the past 24 hours, the entire network has liquidated 158 million US dollars, mainly long orders On July 12, according to Coinglass data, the entire network had a liquidation of US$158 million in the past 24 hours, of which long positions had a liquidation of US$120 million and short positions had a liquidation of US$37.9024 million. $PEPE $NOT $PEOPLE

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Data: Cryptocurrency Fear and Greed Index fell to 25 today, hitting a new low in a year According to Foresight News , according to alternative data, the cryptocurrency fear and greed index fell to 25 today (the index was 29 "fear state" yesterday), setting a new low in a year, indicating that the market is currently in a "state of extreme fear." $PEPE $NOT $PEOPLE

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The cross-chain protocol Gasp will airdrop 3% of GASP to holders of the MGX testnet era and reserve 4% of the GASP token supply for early community building incentives PANews reported on July 12 that Gasp, a gas-free and MEV-protected cross-chain trading platform built on EigenLayer and Ethereum, recently announced a 3% GASP airdrop to holders of the MGX testnet era, and is exploring how to transfer liquidity providers from Mangata to Gasp, and retain 4% of the GASP token supply for early community building incentives. Gasp is a cross-Rollup protocol designed for exchanging cryptocurrencies between blockchains (including L2). The new Gasp protocol still uses Substrate technology, and Gasp also uses EigenLayer to achieve fast and secure transaction finality. As reported in April, Gasp (formerly Mangata Finance) completed US$5 million in private financing, with Polychain Capital and others participating. $PEPE $NOT $PEOPLE

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Data: The market value of the seven largest U.S. technology companies evaporated by nearly $600 billion overnight, about 4.35 trillion yuan ChainCatcher reported that according to Jinshi, after the good news of the US CPI data, traders chose to withdraw from the recent strong performance of technology giants. The heavyweight stock Nvidia closed down 5.57%, Tesla fell 8.44%, Meta fell more than 4%, Apple, Microsoft, Google and Amazon fell more than 2% respectively. In contrast, the Russell 2000 index, which is dominated by small-cap stocks, closed up more than 3.5%. The market value of the "seven giants" of US technology stocks evaporated by nearly US$600 billion (about RMB 4.35 trillion) in a single day, which is equivalent to losing a JPMorgan Chase (market value of US$595.46 billion). $PEPE $NOT $PEOPLE

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Data: A whale bought $8.72 million Altcoin from Binance in the past 10 hours According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that the whale who built a position of 5.11 million ENA on June 5 also began to buy Altcoin. In the past 10 hours, the whale transferred Altcoin worth $8.72 million from Binance: PENDLE: 5.08 million, worth $1.89 million; LDO: 1.08 million, worth $1.76 million; BNB: 8,699, worth $4.63 million. Currently, he holds a total of $14.5 million in assets. $PEPE $NOT $PEOPLE

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