The market is dull, and the Ethereum Foundation is selling ETH again, causing ETH
The price is prohibitive, and its price, foundation and founder have been widely criticized.
However, the Ethereum mainnet has been hot recently, with considerable gains and some hot coins showing signs of continuing growth. Even the sluggish Gwei
The price has also been pushed up. Perhaps the market is tired of competition from other platforms, or some forces have laid out the main network in advance. In short, the abnormal changes in the cryptocurrency field are worth paying attention to.
After all, what does ETH being Fud have to do with the market on my chain? Since the increase will not deceive people, today I will quickly review the wealth codes that appeared on the mainnet chain this week.
$VISTA and its brothers
Ethervista
Ethervista is a new type of DEX based on Ethereum, dedicated to solving a series of problems existing in current AMMs, such as high gas fees, unstable LP returns, and token Rug risks.
Compared to Uniswap’s payment method of using transaction tokens, Ethervista uses native ETH to pay fees, and also provides fee dividends to LP providers and token creators. Not only that, Ethervista also plans to expand more DeFi businesses in the future.
In general, Ethervista’s biggest selling point at the moment should be “Uniswap that can pay dividends to users.”
$VISTA brings up the concept of Windows IP
However, once a hot spot emerges, those who failed to get on board in time will then look for alternative secondary targets.
Ethervista adopted a Windows nostalgic style similar to CurveFinance in UI design, and Fomo sentiment quickly took off.
IP Memecoins from the Windows nostalgia series such as CLIPPY and BONZI are hyped as leveraged versions of VISTA.
$VISTADOG
After $VISTA was pulled up, it was the first meme to catch the hot spot, and the speed was quite fast, and the market was quite accepting of it at that time. However, its narrative was empty and general, and it seemed that no one was willing to operate it, so it was normal for the trend to plummet.
The Big and Small $Neiro Controversy
Etheism
Etheism follows the path of the Graphcoin protocol, similar to the extremely popular Pandora protocol at the beginning of the year. The total amount of its token $E is 1,000, and its price has soared since its launch, with a current market value of $4.2 million.
Although the Graphcoin protocol itself is not a new narrative model, the trading volume and price of $E are relatively stable. Currently, the small picture of the project has not yet been opened for display.
Various ETH Pumps
Recently, the trend of Pump applications has swept the entire chain, and both large and small chains regard Pump applications as traffic passwords. This week, two popular Pump platforms on the ETH mainnet also issued tokens.
Print.Fun (almost zero)
As soon as VISTA became popular, Print.Fun’s token immediately appeared to take advantage of the popularity. The token $PRINT performed well on the first day of its launch, and also triggered a strong Fomo sentiment on Twitter. However, the subsequent momentum was insufficient and now it has returned to zero...
Chef.Fun
and
Similar to Print.Fun, the general direction of this project can be seen from the name alone. Although Chef.Fun’s imitation traces are extremely obvious and the platform’s own innovation is relatively limited, the token
The price of $CHEF did not drop to zero directly like $PRINT, but instead showed an upward trend. The current market value has reached 3.5 million US dollars, and the daily trading volume is about 780,000 US dollars.
TaxFarming
A brand new Pump platform suddenly appeared on the ETH mainnet. It cancelled the joint curve mechanism when issuing coins, and instead directly issued coins on Uniswap. It also avoided malicious settings such as Pixiu, and was able to intelligently reduce transaction taxes based on transaction fees.
The official first tweet said bluntly: The pool is burned, so feel free to flush.
The token $FARM soared nearly 160 times within half a day of its launch, with a peak market value of around 10 million US dollars. After Fomo, the price has fallen sharply and the current market value is around 2.5 million US dollars.
