Mars Weekly Report | This Week's News Review: Argentine President Token Launch Harvests, BNB Chain Releases Optimization Plan to Handle Traffic Surge
KIP: LIBRA launched and market-made by KelsierVentures, KIP did not share in the profits.
KIP Protocol posted on X platform stating that the release and market-making of the LIBRA token are fully handled by KelsierVentures and project initiator Hayden Davis, with no related wallets belonging to KIP. KIP was only invited to manage and oversee the selection of funded tech projects after the release and to provide technical infrastructure for AI plans. When Argentine President Milei announced the project on X, KIP did not participate in the launch, as KIP Protocol's role has always been to play a part after the release. KIP has faced a lot of FUD today, including threats against individuals and staff, but did not participate in the release or handle any tokens or SOL. KIP Protocol did not receive a penny in profit from the LIBRA token issuance and does not engage in market-making activities.
New coins surge 12 times: Analysts warn of liquidity crisis, altcoin season may be delayed
Original title: Over 600K new tokens launched in January, sparking liquidity fears
Original author: Zoltan Vardai
Original source: cointelegraph
Compiled by: Mars Finance, Daisy
The issuance of new crypto tokens has increased more than 12-fold, with analysts warning of investor dilution and “disorderly” price action.
New cryptocurrency issuance hit a record high in January, with analysts expressing concerns about a lack of investor liquidity in the market.
According to GeckoTerminal data shared by CoinGecko co-founder and COO Bobby Ong, more than 600,000 new cryptocurrencies were launched in January, a 12-fold increase compared to the same period in 2024.
OM's price has surged a hundredfold in a year; will it hit new highs or burst a bubble? Is it still worth investing?
Written by: Mars Finance, Daisy
In the past year, many astonishing assets and projects have emerged in the cryptocurrency market, among which the performance of OM is exceptionally bright, surging over a hundredfold and rapidly attracting the attention of investors and media. So, what exactly is this token named OM? How did it achieve such rapid growth? What are the reasons behind its surge and its future prospects? Is it still worth investing? This article will take you deep into the analysis of OM's market performance and its future direction, helping you make rational judgments.
1. What is OM? The core token of the MANTRA ecosystem
The Dark Forest of MEME Coin: Industrialized harvesting lines earn millions a day, but retail investors have difficulty finding gold with a retention rate of one in ten thousand
Reprinted: Mars Finance, Daisy
11 tokens were issued in 3 days, with a 100% winning rate and a profit of $25,000. This may be the ideal self of countless MEME players. But the reality is that this is just one of the thousands of addresses of the industrialized RUG team. While retail investors are still rushing to pursue the "thousand-fold myth", professional teams have used robots, multi-signature contracts and public opinion engines to transform the MEME track into a 24-hour harvesting machine. On-chain data shows that this type of industrialized RUG operation is not an isolated case.
From tracing the source of funds to the initial address of the exchange, to the hundreds of associated wallets derived from it, a "dark game" conspired by technology, capital and human greed is devouring the wallets of speculators.
Getting Started with BSC Chain: From Chain Scanning to Monitoring and Trading
Reprinted from: Mars Finance, Daisy
cz(@cz_binance) started by hesitantly mentioning $tst, and now he is promoting his pet dog on Twitter, indicating that he truly wants to develop memes on the BSC chain. So, how should memes be played on the BSC chain? To do a good job, one must first have the right tools. This article will introduce the tools that can be used in various processes of participation.
1. Chain scanning
The pump platform on BSC is https://four.meme/, where we can check the internal coins on the [Board] page, filtering by various conditions; we can also view the market capitalization rankings and 24-hour trading volume rankings on the [Ranking] page.
Our goal is to develop a scalable, modular, open-source AI agent framework that can operate efficiently in both Web2 and Web3 ecosystems. We believe that AI agents are a key step towards general artificial intelligence (AGI), making systems more autonomous and powerful.
Core Philosophy
Autonomy & Adaptability: AI agents should have the ability to learn, reason, and adapt to different tasks without human intervention.
Modularity & Composability: AI architecture should adopt a modular design for iterative optimization and large-scale expansion.
Insider trading + liquidity withdrawal: Argentine president's token crazily harvests over 100 million USD
Written by: Luke, Mars Finance
What happened?
At 6 AM this morning, Argentine President Javier Milei announced the launch of a meme coin called LIBRA on his official X account, along with the smart contract address (Bo9jh3wsmcC2AjakLWzNmkJ3SgtZmXEcSaWTL2FAvUsU).
Once the news broke, the market quickly erupted into a frenzy, with LIBRA's price soaring to 4.61 USD in just 40 minutes, corresponding to a market value of 4.6 billion. However, the good times did not last long, as the coin price soon faced a fierce sell-off, plummeting over 88% in just a few hours, with the current quote at 0.526 USD. Even so, its market value still reached 500 million USD, and the trading volume exceeded 1.3 billion USD just 5 hours after launch. However, this sudden 'presidential coin issuance' frenzy quickly sparked widespread skepticism from the outside: is such drastic price fluctuation an inevitable result of market speculation, or is there a deeper conspiracy? Currently, the Argentine authorities have yet to respond to this matter.
The Impact of DeepSeek on Upstream and Downstream Protocols of Web3 AI
Original author: Kevin, BlockBooster
Reprinted from: Luke, Mars Finance
I. Sorting out the cooperative relationships of upstream and downstream protocols
Through analysis of technical architecture, functional positioning, and practical use cases, I have divided the entire ecosystem into: infrastructure layer, middleware layer, model layer, application layer, and sorted out their dependency relationships.
I. Infrastructure Layer
The infrastructure layer provides decentralized underlying resources (computing power, storage, L1), where the computing power protocols include: Render, Akash, io.net, etc.; the storage protocols include: Arweave, Filecoin, Storj, etc.; L1 includes: NEAR, Olas, Fetch.ai, etc.
The 'Ultimate Metric' of Public Chain Potential? A Look at Solana and Ethereum from the Perspective of REV
Written by: Brendan Farmer, Co-founder of Polygon.
Translation: Ashley, BlockBeats.
Reprint: Luke, Mars Finance.
Editor's note: The article critiques the value narrative of Solana, arguing that its reliance on the short-term wealth effect from Memecoin trading is not sustainable and poses structural risks. Solana's success may stem more from speculation than technological advantages, while Ethereum continues to develop robustly in the DeFi space. The author cautions readers to maintain critical thinking towards narratives in the crypto space to avoid being misled by market frenzies.
The following is the original content (for the sake of readability and understanding, the original content has been slightly reorganized):
Mars Daily | FTX Releases First Round Asset Distribution Notice
pump.fun launches mobile app
pump.fun announces the launch of mobile apps for iOS and Android, supporting free token creation, fast buying and selling of tokens, creating monitoring lists, and managing portfolios. UK residents cannot use the pump.fun mobile app.
FTX releases first round asset distribution notice
According to FTX creditor representative Sunil, FTX has sent email notifications to customers who did not meet the requirements for the first round of asset distribution. According to the notice, customers who failed to participate in the first round of distribution on February 18, 2025, include: customer claims under review, customers with claim amounts exceeding $50,000, and those who have not completed KYC, tax, and distributor-related requirements. These customers will be included in subsequent distribution plans after completing the relevant requirements, expected in the second quarter of 2025.
V God's new article: Even in L2-dominated Ethereum, the reason why the L1 Gas limit needs to be increased
Original title: Reasons to have higher L1 gas limits even in an L2-heavy Ethereum
Original author: vitalik
Original source: vitalik personal blog
Compiled by: Mars Finance, Daisy
An important short-term discussion in the Ethereum roadmap is how much the L1 gas limit should be increased. Recently, the L1 gas limit was increased from 30 million to 36 million, increasing network capacity by 20%. Many people support further significant increases to this limit in the near future. These increases are possible due to recent and upcoming technical improvements, such as efficiency improvements in Ethereum clients, EIP-4444 proposal to reduce storage requirements for historical data (see the roadmap for details), and future stateless client technology.
Buy Buy Buy! Japanese Companies Go Crazy on Bitcoin
Written by: Luke, Mars Finance
I. The Wave of Crypto Asset Allocation by Japanese Enterprises
At the beginning of 2025, Japanese enterprises initiated an unprecedented wave of cryptocurrency allocations, showcasing a full spectrum of participation from traditional financial giants to small and medium-sized listed companies. Particularly, taking Remixpoint as an example, the trajectory of its crypto investments is highly representative, reflecting the strategic layout of Japanese companies in the face of global economic uncertainties.
On January 9, Remixpoint announced an additional purchase of 3 billion yen (approximately $19 million) in Bitcoin, planning to gradually increase its holdings while monitoring market trends. On January 14, the company acquired 33.34 BTC, bringing its total holdings to 333.189 BTC. On January 21, Remixpoint spent another 500 million yen ($3.19 million) to purchase 31.27 BTC at an average price of 15.99 million yen. As of January 23, the total market value of the company's crypto assets had reached 8.789 billion yen, with Bitcoin holdings amounting to 447.43 BTC, and holding 1,102.86 Ethereum, 12,581.38 Solana, 802,100 XRP, and 2,802,300 Dogecoin, with an overall floating profit of 1.289 billion yen.
Can you earn coins by playing League of Legends? A quick guide to GamerBoom, which Nvidia invested in
Written by: Luke, Mars Finance
On February 14, 2025, GamerBoom, an AI-driven gaming protocol under the Solana ecosystem, announced the completion of a new round of financing of $9 million, bringing the total financing amount to over $11 million. Investors include industry giants such as NVIDIA, Solana, Bing Ventures, and Mask Network. This news quickly triggered heated discussions in the market about the integration of "AI+GameFi", especially in the current situation where 3.2 billion gamers around the world are facing data monopoly and experience homogeneity. GamerBoom plans to use "AI Agent+blockchain" technology to redefine the way game value is distributed and strive to break through the bottleneck in the Web3 gaming field.
From Qvod to Web3, what is FAIR³ supported by Wang Xin?
Written by: Luke, Mars Finance
This afternoon, a piece of news sparked widespread attention in the crypto community: serial entrepreneur Wang Xin decided to purchase FAIR³ tokens with 200 SOL and promised to invest half of the funds into the "Technological Fairness and AI Support Fund." This action caused FAIR³'s market value to soar instantly, directly breaking through 50 million USD, but also triggered various speculations from the outside: why did this entrepreneur, who once changed the landscape of the internet industry with "Qvod," choose such an idealistic project for his first foray into the Web3 field? From a past internet disruptor to a current Web3 pioneer, Wang Xin's decision seems to reveal a deeper reflection—can his ideal of "technological fairness" ignite the spark of industry transformation once again in this new digital age?
What are traditional large companies building on Ethereum?
Original text by: Christine Kim, Vice President of Galaxy Research
Original text translated by: Luffy, Foresight News
More than 50 non-crypto-native companies have built products and services on Ethereum or Ethereum Layer 2 (L2) networks. From fashion giants like Louis Vuitton and Adidas to financial leaders like Deutsche Bank and PayPal, these companies' innovative practices are reshaping the landscape of the crypto space. Notably, the crypto businesses of these traditional giants do not focus on universal market infrastructure such as cryptocurrency trading, custody, auditing, and compliance, but rather on crypto-specific infrastructure and application scenarios, such as non-fungible tokens (NFTs), real world assets (RWAs), Web3 developer tools, and Layer 2 networks. Among the 20 financial institutions building crypto-specific infrastructure and applications, 10 are banks, most of which are actively issuing real world assets on Ethereum. This report aims to delve into the pioneering and leading application scenarios of Ethereum in traditional enterprises and institutions.
SEC Has Confirmed Grayscale's Submission of Dogecoin ETF Application, Is Dogecoin Worth Buying the Dip?
Written by: Alvis
ETF breakthrough: SEC's regulatory easing and Grayscale's dual-track strategy
On February 14, 2025, the U.S. Securities and Exchange Commission (SEC) officially confirmed the acceptance of Grayscale's application for a spot ETF for Dogecoin (DOGE). This move marks a critical stage in the two-year compliance battle for meme coins. The proposal was submitted by the New York Stock Exchange Arca, aiming to convert the Grayscale Dogecoin Trust into an ETF, tracking DOGE's price while monitoring through CoinDesk's DCX index and adopting a cash settlement mechanism to avoid regulatory concerns about physical delivery.
Jupiter Launches 50% Protocol Fee Buyback of JUP, Can Jup Token Price Double?
Written by: Lawrence
Overview of the Repurchase Plan: Mechanism, Scale, and Market Expectations
On February 14, 2025, Jupiter, the leading DEX aggregator in the Solana ecosystem, announced that starting February 17, it will allocate 50% of protocol fees for the repurchase of JUP tokens, locking these tokens for three years. At the same time, Jupiter launched a real-time data dashboard to improve transparency. This move is seen by the market as a significant turning point for the reconstruction of Jupiter's ecological value, marking its entry into a new phase.
1. Core Logic of the Repurchase Mechanism
The mechanism of token repurchase is similar to a stock buyback plan, aimed at incentivizing JUP token holders (i.e., the JUP community) by reducing market circulating supply. Since its launch, JUP's popularity on the Solana network has continued to grow, currently boasting over 978,000 on-chain holders. The repurchase plan will further attract more long-term holders of JUP, laying the foundation for its long-term development.
Which crypto companies are considering an IPO after Trump took office?
Author: Tim Craig, DL News
Translation: Felix, PANews
Reprinted: Lawrence, Mars Finance
The market surged under President Trump's leadership, and the arrival of a new crypto era invigorated the strategies of crypto companies.
In recent years, crypto companies have had a tough time.
Firstly, the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler has sued many companies.
Companies that are not embroiled in legal disputes face scrutiny regarding whether the crypto assets they issue or trade should be considered securities.
The old meme stock GameStop is rumored to be 'stockpiling coins', founder and Saylor share a friendly photo
Original author: BitpushNews Mary Liu
Reprinted: Lawrence, Mars Finance
On February 13th at noon New York time, game retailer GameStop saw a significant rise in stock price in after-hours trading due to news of a possible investment in Bitcoin and other cryptocurrencies.
According to CNBC, citing sources, GameStop is considering investing in cryptocurrencies like Bitcoin, and following the announcement, its stock price surged 20% in after-hours trading before settling around $26.34.
GameStop has been known in recent years as a 'meme stock', experiencing a surge in stock price in 2021 driven by retail investor Keith 'Roaring Kitty' Gill, followed by a downturn. In 2024, Gill's multiple appearances again propelled GameStop's stock price rebound. However, despite the stock price's volatility, GameStop's actual business performance remains grim.
Doodles Token Issuance: A Reversal for NFT Veterans, or a New Skin for the Sickle?
On February 14, 2025, while the world was still debating whether to give roses or chocolates for Valentine's Day, the top NFT project Doodles suddenly dropped a bombshell: the launch of the official token DOOD. With a total supply of 10 billion tokens, 68% allocated to the community, initially launched on the Solana chain, with plans to cross-chain to Base in the future... It seems full of sincerity, but in reality, it hides secrets. Today, we will dissect the logic behind this 'token issuance drama' and take a closer look at the actual value of DOOD.
From 'floor price dancing' to 'token frenzy': a textbook case of hype