FET
The ASI Alliance has launched the 'Earn and Burn' program, aimed at strengthening the ecosystem of the FET token. After the recent merger, the application and value of the FET token have significantly increased. This program not only combines short-term goals with the long-term development of AGI but also promotes collaboration within the ecosystem by incentivizing innovators in the field to participate. Through the earning and burning mechanism, this deflationary strategy hopes to reduce the total supply of FET tokens, thereby enhancing the value for holders and the sustainable growth of the ecosystem. The goal of the plan is to destroy about 35 million tokens in the first year, while demand is expected to grow to 44 million FET through API usage, staking, and other functionalities. The current circulating supply of FET is 2.44 billion tokens, with a maximum supply of 2.72 billion tokens, a market cap of 3.63 billion tokens, and a trading volume of 500.85 million tokens, indicating a high level of market participation and liquidity.
TON
Toncoin is becoming an important player in the $200 billion gaming industry, driving the popularity of Web3. However, many blockchains face issues such as poor scalability and user complexity, which trouble developers and players. TON (The Open Network) aims to solve these challenges by providing an efficient and simplified blockchain platform for development. TON's dynamic sharding technology supports billions of users while maintaining efficient performance, with transaction fees as low as $0.02 and transaction completion times of less than six seconds. Through deep integration with Telegram, TON offers developers a wealth of tools, allowing the vast user base of Telegram to directly experience newly released HTML5 or WebGL games. The market cap of Toncoin is $16.43 billion, with a circulating token count of 2.55 billion, making it an emerging force in the Web3 gaming space.
APT
Aptos has increased by 6.06% in the past 24 hours, becoming one of the top gainers. As a Layer 1 blockchain supporting the Move programming language, Aptos stands out with its extremely high transaction throughput (up to 150,000 TPS) and innovation. The rapid development of Aptos has attracted the attention of investors, and there has been a strong market response. The liquidity indicators of the network are strong, with a market cap to trading volume ratio of 0.1163, indicating high investor participation. Although the current RSI index shows neutral sentiment, APT is still in a technical consolidation phase and may welcome a new round of gains in the future. In the past year, APT has risen by 82%, far exceeding the 200-day moving average, demonstrating its long-term growth potential. With its dual consensus model (Proof of Stake and AptosBFT), APT provides strong security and credibility, further solidifying its market position.
BONK
Unlike other meme coins, Bonk is the first meme coin based on the Solana blockchain, giving it unique advantages in transaction speed and cost efficiency. The Solana blockchain provides Bonk with low transaction fees and fast processing times, making it a popular choice among cryptocurrency enthusiasts. Currently, Bonk has a market cap of $3.2 billion, with a 24-hour trading volume of $640 million, and a price increase of 96% over the past 30 days. Despite neutral market sentiment, Bonk has carved out a place in the meme coin market due to its strong blockchain foundation and active user base. With the continued rise of the cryptocurrency market, Bonk may leverage this momentum to further solidify its position in the market.
