Today’s crypto market is in a state of flux, with the alternation of bull and bear markets making people overwhelmed. Amid this volatility, altcoins and MEME coins have suffered particularly significant declines. Faced with such complex market changes, investors can't help but feel dazzled.
In the past 24 hours, the total amount of liquidation in the entire network reached 464 million US dollars. Among them, the amount of long liquidation was as high as 400 million US dollars, and the amount of short liquidation was about 61.175 million US dollars. The largest liquidation occurred in the Ethereum transaction on the BINANCE platform, with an amount of 6.437 million US dollars!
Inventory of high-quality projects to be launched in 2024
ZK（ZKsync）
zkSync is a solution developed by Matter Labs that aims to improve Ethereum's scalability and ensure faster and cheaper transactions without sacrificing security. The zkSync ecosystem covers a wide range of applications, from decentralized finance (Defi) to gaming. The launch of the ZK token marks an important milestone in decentralized governance and incentivizing community participation.
zkSync is a Layer 2 scaling solution for Ethereum that focuses on improving the scalability of the network and reducing transaction fees. By leveraging zk-rollups technology, zkSync is able to process thousands of transactions per second, making Ethereum transactions faster and more economical while still maintaining security and decentralization. The solution aims to provide a more efficient way to process transactions to solve Ethereum's current bottlenecks. With the increasing demand for decentralized applications (dApps), the role of zkSync is particularly critical.
Market dynamics: ZK tokens were officially launched on Binance on June 17, 2024, with the highest opening price reaching about $0.295. At the time of writing, the latest market price of ZK is about $0.229, with a market value of $846 million, ranking 79th among cryptocurrencies.
I（I。net）
IO combines the three major narratives of A1, DePIN and Solana, which is related to whether the Crypto industry can trigger the next round of bull market through AI. With the official launch of IO Coin (IO) on the well-known cryptocurrency exchange Binance, the entire cryptocurrency community is excited. This milestone event marks a new chapter for 10. io.net focuses on decentralized AI computing and cloud solutions, bringing huge innovation potential to the industry.
IO is the native token and protocol token of the io.net network, and has two main uses: First, the IO token is the main
You need to pay for the GPU deployment fee. Secondly, each model on io.net requires a small amount of IO when performing inference.
In addition, IO tokens are also used to reward GPU contributors, incentivizing more resources to be invested in the network.
Market dynamics: IO tokens were first launched on Binance on June 11, 2024, with an opening price of up to $4.54. Subsequently, IO's highest price reached $6.4486. As of the time of writing, the latest market price of IO is $3.899, down about 18% in the past 24 hours. Currently, IO has a market value of $368 million and ranks 147th in the cryptocurrency rankings.
NOT（Notcoin）
Notcoin is a free and easy-to-use Telegram game. The gameplay is mainly for people to earn coins by tapping the mobile phone screen. The Tap to Earn mechanism allows many users to enter Web3. Since its launch on January 1, 2024, Notcoin has become one of the most popular and user-friendly channels on Telegram. The community is very popular, with more than 30 million participants, more than 6 million Telegram groups, and an average daily active peak of more than 5 million, backed by Telegram, which has more than 1.3 billion users.
Notcoin has strong Web3 attributes. Its main features are open source code and fair issuance, which are largely the main reasons for attracting user participation. Notcoin's game code is open source, allowing developers to audit its operating mechanism; its token economic strategy includes giving up ownership and 0% transaction tax, which greatly increases the decentralization and fairness of the project.
Market conditions: The NOT token was first launched on OKX on May 9, 2024, and then listed on Binance again on May 16. The lowest opening price of NOT reached $0.001, and the current highest price reached $0.029431, a significant increase. As of the time of writing, the latest market price of NOT is around $0.159, down about 10% in the past 24 hours. The current market value is $1.631 billion, ranking 47th among cryptocurrencies!
LIST（DAO List）
Lista DAO is a liquidity staking and decentralized stablecoin protocol. Users can stake and liquidize on Lista, and can also borrow lisUSD as various decentralized collateral. LISTA consists of BNB liquidity staking tokens (slisBNB) and decentralized stablecoins (lisUSD).
$LISTA is the governance token of Lista DAO and is used for the following functions:
1. Governance: LISTA token holders can vote on the governance decisions of the protocol.
2. Protocol Incentives: Users can earn LISTA tokens as rewards when they borrow lisUSD as collateral or farm liquidity in the lisUSD and slisBNB pools.
3. Voting Metrics: Users can lock their LISTA tokens into veLISTA and vote on the collateral they want to use to mint lisUSD and the liquidity pools they want to provide higher emission LPs for.
4. Fee Sharing: Users who lock LISTA and LISTA will also be eligible for fee sharing.
Market status: LISTA is Binance’s new Megadrop project. It has not yet been listed on the trading platform, but its popularity is also very high!
