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short-term breakout of 1.73 USDT, 24H increase of 7.34%
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QCP Capital: ETH spot ETF's first-day performance was below expectations, but we remain optimistic in the long run According to Mars Finance, on July 24, QCP Capital posted on its official channel that the net inflow of the US ETH spot ETF on the first day of trading was $107 million, far lower than the $655 million net inflow of the BTC spot ETF on the first trading day, mainly due to the net outflow of $484 million from Grayscale ETHE. Although the ETH market has encountered challenges, the agency said it remains optimistic for now. BTC set a new all-time high two months after the launch of the ETF, which is a convincing precedent. Institutional interest is expected to continue, and the price of ETH may gradually approach its all-time high. ETH volatility is expected to decline over the weekend. $SOL $PEPE $WLD
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QCP Capital: ETH spot ETF's first-day performance was below expectations, but we remain optimistic in the long run On July 24, QCP Capital posted on its official channel that the net inflow of the US ETH spot ETF on the first day of trading was $107 million, far lower than the $655 million net inflow of the BTC spot ETF on the first trading day, mainly due to the net outflow of $484 million from Grayscale ETHE. Although the ETH market has encountered challenges, the agency said it remains optimistic for now. BTC set a new all-time high two months after the launch of the ETF, which is a convincing precedent. Institutional interest is expected to continue, and the price of ETH may gradually approach its all-time high. ETH volatility is expected to decline over the weekend. $SOL $PEPE $WLD
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Lista DAO Releases LISTA Unlock Schedule, LISTA Launches with 23% of Total Circulating Supply ChainCatcher news, Lista DAO released the LISTA unlocking schedule. 10% of the total supply of LISTA tokens is allocated to Binance Megadrop, all of which are unlocked at launch. Airdrop activities: 8.5% of the total supply of LISTA tokens is allocated to airdrop activities, fully unlocked at launch. Ecosystem growth: 3.5% of the total supply of LISTA tokens is allocated to ecosystem growth, fully unlocked at launch. Investors and advisors: 1% of the total supply of LISTA tokens is allocated to investors and advisors, fully unlocked at launch. This brings the total circulating supply of LISTA to 23% at launch (June 20, 2024), or 230 million LISTA tokens. $SOL $PEPE $WLD
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Layer1 application chain Elys Network launches the second phase of the incentive test network On July 24, Elys Network, the DeFi Layer1 application chain of the Cosmos ecosystem, announced the launch of the second phase of the incentive testnet, which will be the last phase before the mainnet launch. The specific standards for the second phase will not be announced immediately, and users only need to complete daily tasks to qualify. The official said that its first priority is to filter out witch attacks and reward real users, so the standards will be announced later. $SOL $PEPE $WLD
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Lista DAO releases LISTA unlocking schedule: remaining airdropped tokens will be unlocked by the end of September On July 24, according to official news, Lista DAO released the LISTA unlocking schedule, the specific information is as follows: · Binance Megadrop (10.00%): The entire token supply allocated to Binance Megadrop will be unlocked on the day of launch; · Airdrop (10.00%): At launch, 85% of the tokens allocated to the Lista DAO airdrop, equivalent to 8.5% of the total token supply, will be unlocked. The remaining 15%, or 1.5% of the total LISTA token supply, will be unlocked by the end of September; · Investors and advisors (19.00%): At launch, 1% of the total token supply was unlocked. The remaining 18% will be locked for one year, until June 2025. From June 2025, this portion will vest and unlock linearly every quarter for the next two years until March 2027; · Team (3.50%): 100% of the token supply allocated to the Lista DAO team will be locked for one year until June 2025. From June 2025, this portion will vest and unlock linearly every quarter for the next five years until March 2029; · Community (40.00%): Once veLISTA is online, the release of tokens for community incentives will start in July 2024. The release will decrease at a rate of 1/√2 per year until June 2044. The total circulating supply of LISTA at the time of launch (June 20, 2024) reaches 23%, or 230,000,000 LISTA. $SOL $PEPE $WLD
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