What's Happening in Crypto in the Past 12 Hours:

- Murad's Meme and NFT Picks

- $ENA USDe Backing #Solana

- $AVAX Foundation Plan GLF $AVAX Buyback

- Off the Grid on $AVAX, Epic Games' #1

- Movement Labs' $20M Crypto Fund

- $SUI $DEEP $TGE Today

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• Murad posted his list of top NFTs and Memecoin on Channel X, and some of the projects mentioned in the list are skyrocketing, including NFTs. #milady #gremlins $SPX $USA $mini

• $ENA - Ethena Labs has announced a proposal to add $SOL as a USDe backing asset. This proposal increases the yield of sUSDe by utilizing a mechanism that is substantially the same as the Ethena hedging mechanism that currently holds perpetual futures of $BTC and $ETH

• $AVAX - The Avalanche Foundation has negotiated an agreement to buy back all of the AVAX tokens it sold to Luna Foundation Guard in April 2022, and is currently awaiting bankruptcy court approval.

• Off The Grid, a gaming project in the Avalanche ecosystem, has reached the#1spot on the Epic Games Store and is receiving rave reviews. Users can earn $GUN by playing the game, but it remains a testnet token.

• Movement Labs, in partnership with Gate Ventures and Boon Ventures, announced the launch of a $20 million fund to support web 3.0 startups using the Move language and scaling Move's blockchain technology.

• $DEEP – One of Mysten Labs’ projects, $DEEP is scheduled for TGE today at 10 AM UTC. DEEP NFT holders can burn their NFTs 5 minutes before TGE and claim their allocated tokens. It is currently scheduled to be listed on Bybit.