Here’s a 24-Hour Crypto News Summary!✨ (4/11)

1. Price and Market Movement: The global crypto market cap reached $2.39 trillion, reflecting a 3.2% change in the past 24 hours. The crypto trading volume in the past day reached around $73 billion.

2. Sentiment from X (Twitter): There are concerns about fraud and data breaches that could affect the security and trust in crypto and blockchain technology. In addition, there is also discussion about the potential of crypto and blockchain as a gateway to Web3, showing enthusiasm for a more decentralized future.

3. US Election: There is speculation about the impact of the US election on the price of Bitcoin, indicating that global political events are still affecting the crypto market.

4. @LayerZero Project and ZRO Token: LayerZero’s newly launched $ZRO token saw a significant price drop, reaching 24% in the 24 hours after its launch. This was due to negative reactions from the crypto community to the new airdrop claim mechanism that requires a donation of $0.10 in stablecoins. Although it is called an airdrop, many consider it more akin to a “tax” or donation, which has caused controversy.

5. @ZircuitL2: On October 31, 2024, Zircuit, a Layer 2 project, announced the distribution of $ZRC tokens to EIGEN token holders, known as a fairdrop. This is an effort to promote broader and more inclusive participation in the Ethereum ecosystem, giving an equal amount of tokens to every EIGEN holder, regardless of the amount held.

6. @RenzoProtocol: After announcing the tokenomics and airdrop of its $REZ governance token, Renzo Protocol was de-pegged from ezETH, indicating negative market reaction to the token allocation that some in the community considered unfair.

7. @trondao (TRX): Justin Sun, founder of TRON, celebrates reaching 200 million users $TRX