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Galaxy Digital: Crypto VC sentiment continues to improve despite market downturn
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Jupiter to launch memecoin metadata platform in partnership with Irene Zhao On July 23, Jupiter co-founder meow posted on social media that he will work with Irene Zhao to launch the memecoin metadata platform ASIANMOM, trying a new launch mechanism to improve memecoin metadata to solve some major PvP problems in the current memecoin release metadata: including false widespread distribution, sniping, opaque development allocation, lying "influencers", using development dumps for large-scale pre-sales, etc. In order to work closely with the Jupiter community, Jupiter DAO will receive 5% of ASIANMOM tokens. The ASIANMOM team will decide when to deliver. The Jupiter team will establish the required mechanisms and initial airdrop list. $SOL $PEPE $WLD
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Folks Finance Launches Testnet on Base, Avalanche, and Ethereum Odaily Odaily News DeFi protocol Folks Finance announced the launch of the xChain testnet on Base, Avalanche and Ethereum. Folks is built using Chainlink CCIP, Wormhole and Circle CCTP. The main goal of this testnet is to fully evaluate and verify Folks' cross-chain framework, aiming to provide lending functions on multiple blockchains. It is reported that Folks Finance aims to release the mainnet in early autumn 2024. (Cointelegraph) $SOL $PEPE $WLD
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SOL rebounded and broke through 180 USDT, with a 24-hour increase of 3.05% According to Mars Finance, the market shows that SOL rebounded and broke through 180 USDT and is now trading at 180.33 USDT, with a 24-hour increase of 3.05%. $SOL $PEPE $WLD
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Data: In the past 24 hours, the total amount of liquidation in the entire network was US$187 million, and the amount of liquidation of BTC was US$57.18 million According to ChainCatcher, according to coinglass data, the total liquidation amount of the entire network in the past 24 hours was US$187 million, the long position liquidation amount was US$12,300, and the short position liquidation amount was US$63.91 million, of which BTC liquidation amount was US$57.18 million, ETH liquidation amount was US$40.11 million, and SOL liquidation amount was US$11.16 million. $SOL $PEPE $WLD
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Wells Fargo: Expect the Fed to open the door to rate cuts this month , Mars Finance News Despite the growing political turmoil in the United States, investors are still holding on to their view that U.S. interest rates will fall this year. Data from CME Group shows that the probability of the Federal Reserve standing still next week and cutting interest rates on September 18 is above 90%, and the probability of a total of three rate cuts this year is close to 50%. This is almost unchanged from before Biden withdrew from the campaign. Wells Fargo economists said in a report that they expect the Federal Reserve to keep policy unchanged this month, opening the door to rate cuts. They added that the Fed's past record shows that it will not shy away from cutting interest rates at its last meeting before the election. (Jinshi) $SOL $PEPE $WLD
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