6.03 Cryptocurrency Market Morning Report

🔥 Mainstream currencies are stable, and altcoins are active

The price fluctuations of BTC and ETH seem to be making room for altcoins. These two major mainstream currencies have been fluctuating recently, and some altcoins have taken the opportunity to emerge and show strong vitality.

💥 $PEOPLE fluctuated violently, suspected to be operated by large investors

The $PEOPLE token rose by more than 30% in one minute yesterday morning, and then began to pull back. This abnormal fluctuation is suspected to be caused by large investors closing positions. The market is full of expectations for its future trend. Many investors believe that it is difficult to be satisfied if it does not reach a historical high.

🚀 The new coin market is hot, and NOTBB leads the trend

Driven by NOT and BB, the new coin market has ushered in a wave of rising prices. New coins such as REZ, PIXEL, and $ALT have sprinted upward, showing strong market potential.

😅 $PEW farce attracts attention, Xu Le frequently sends Pump

$PEW in#memecoinhas made a lot of noise recently. Its developer posted a tirade with Xu Le on #solana, suspected to be a response to the Twitter account being blocked. Xu Le frequently posted Pump messages, 5-7 in a week, and such activity is astonishing.

🌐 Hong Kong officials promote Web3 in Europe

Hong Kong officials recently visited Europe to actively promote Web3 technology. This move is expected to inject new vitality into Hong Kong's development in the blockchain field.

📈 Sui and Blast activity surge

The total number of unique addresses of the two major blockchain platforms Sui and Blast increased by 45% and 40% month-on-month in May, respectively, showing a significant increase in their user activity.

💸 Uniswap front-end transaction fees broke records

As a decentralized trading platform, Uniswap's front-end transaction fees have exceeded US$35 million, a figure that once again proves the stability of its market position.

🚫 Floyd Mayweather suspected of fraud

The well-known boxer Floyd Mayweather posted and then deleted a tweet containing fraudulent information, which aroused widespread attention and doubts in the market.

🚀 TVL on TON chain increased significantly

The total locked value (TVL) on the TON chain has increased by 70% in the past month, reaching an astonishing figure of more than 50 million TON.

🎨 Bitcoin NFT project Frucks is hot

The floor price of Bitcoin NFT project Frucks is now 0.014 BTC, with a single-day increase of 97%. The success of this project has undoubtedly brought new vitality to the Bitcoin NFT market.

💔 Matter Labs trademark farce ends

Matter Labs recently announced that it would abandon its application for the "ZK" trademark. The whole incident ended with @PolyhedraZK changing its name and falling 30%. This farce has attracted widespread attention and discussion in the market.

🔒 DeFi protocol Velocore attacked

DeFi protocol Velocore recently confirmed that it was attacked and has asked CEX to freeze the stolen assets. This incident once again reminded investors to pay attention to risks when participating in DeFi projects

🚀 Brock Pierce hinted at returning to Hong Kong

Tether co-founder Brock Pierce recently hinted that he would return to Hong Kong to operate a new project. This news has attracted widespread attention in the market, and many investors are full of expectations for its future movements.

🎉 Aark_Digital is about to be launched

@Aark_Digital will be launched on platforms such as @apeterminal and @Bybit_Official. The launch of this new project is expected to bring new vitality and opportunities to the market.

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