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How can “smart wallets” in the crypto market help ordinary investors get better returns?Smart money (SmarQ Money) has always been the focus of attention in the crypto market. The smart money tracking strategy based on this can indeed provide lucrative returns for ordinary crypto investors. The actual situation in the crypto market is that the proportion of investors using crypto trading indicators, strategies and tools based on smart money is also gradually increasing. Next, the senior will lead everyone to understand the smart money in the crypto market and how to track them? 1. What is smart money? Smart money refers to professional investment institutions or individual investors in the crypto market that have outstanding investment research capabilities and information advantages. They have rich trading experience and excellent historical performance, generally have relatively large amounts of capital, mature investment concepts, and a more comprehensive and thorough understanding of the crypto market than ordinary investors. The dynamics of smart money have special significance for ordinary crypto market investors.

How can “smart wallets” in the crypto market help ordinary investors get better returns?

Smart money (SmarQ Money) has always been the focus of attention in the crypto market. The smart money tracking strategy based on this can indeed provide lucrative returns for ordinary crypto investors. The actual situation in the crypto market is that the proportion of investors using crypto trading indicators, strategies and tools based on smart money is also gradually increasing. Next, the senior will lead everyone to understand the smart money in the crypto market and how to track them?

1. What is smart money?
Smart money refers to professional investment institutions or individual investors in the crypto market that have outstanding investment research capabilities and information advantages. They have rich trading experience and excellent historical performance, generally have relatively large amounts of capital, mature investment concepts, and a more comprehensive and thorough understanding of the crypto market than ordinary investors. The dynamics of smart money have special significance for ordinary crypto market investors.
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Pepe's big rebound: a look at the frog meme family tree and the culture behind itAs BTC stopped falling, the Meme sector, which had been silent for a while, finally couldn't hold back and began to rebound. The first to be hit was the top Memecoin $Pepe. However, this time, many "family members" also rebounded along with $Pepe. The popularity of Memecoin has continued to spread this year, and Pepe alone can no longer meet the market's hype needs. As a result, various small frogs that had not been subdivided before and were collectively called Pepe were also picked out by the market and transformed into various new Memecoins. The senior has taken stock of the popular Pepe family members’ eponymous tokens in the current market, and will give you a deep understanding of the native frog Meme cultural system.

Pepe's big rebound: a look at the frog meme family tree and the culture behind it

As BTC stopped falling, the Meme sector, which had been silent for a while, finally couldn't hold back and began to rebound. The first to be hit was the top Memecoin $Pepe. However, this time, many "family members" also rebounded along with $Pepe.
The popularity of Memecoin has continued to spread this year, and Pepe alone can no longer meet the market's hype needs. As a result, various small frogs that had not been subdivided before and were collectively called Pepe were also picked out by the market and transformed into various new Memecoins.
The senior has taken stock of the popular Pepe family members’ eponymous tokens in the current market, and will give you a deep understanding of the native frog Meme cultural system.
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Memes Market Reaches New Highs: How to Balance Liquidity and Risk?Memes are the leitmotif of this cycle. WIF and PEPE had a glorious time together, constantly setting records and creating climaxes. However, with DeFi and other fundamental narratives regaining dominance, is the game over for memes? Let's find out through several indicators. Memes dominate In the current cryptocurrency cycle, Memes is undoubtedly one of the focuses. Although Memes’ dominance in the major altcoin markets has declined recently, it does not mean that the Memes game is over. From many perspectives, the Memes market still has its unique vitality and potential.

Memes Market Reaches New Highs: How to Balance Liquidity and Risk?

Memes are the leitmotif of this cycle. WIF and PEPE had a glorious time together, constantly setting records and creating climaxes. However, with DeFi and other fundamental narratives regaining dominance, is the game over for memes? Let's find out through several indicators.
Memes dominate
In the current cryptocurrency cycle, Memes is undoubtedly one of the focuses. Although Memes’ dominance in the major altcoin markets has declined recently, it does not mean that the Memes game is over. From many perspectives, the Memes market still has its unique vitality and potential.
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Players followed the smart money to buy in and held Crash for a week. At present, they have cleared all the Crash and won 6759% 2.86u earned more than 190u According to our analysis, the average smart money player who participates in new projects will have 1-3 100x coins appear! If you don’t know how to select addresses and filter smart money, you can watch the teaching video to learn how to use the tools or join the member group, there will be explanations of advanced gameplay of the tools and live broadcasts of big names sharing the Golden Dog strategy
Players followed the smart money to buy in and held Crash for a week. At present, they have cleared all the Crash and won 6759%
2.86u earned more than 190u
According to our analysis, the average smart money player who participates in new projects will have 1-3 100x coins appear!
If you don’t know how to select addresses and filter smart money, you can watch the teaching video to learn how to use the tools or join the member group, there will be explanations of advanced gameplay of the tools and live broadcasts of big names sharing the Golden Dog strategy
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The 100x address is not a random statement. . The base dog-rushing tool is so powerful, with a delay of 3 seconds. The test wallet snipes ASSCLOWN. In the past hour, it has risen 13 times. Currently, 40% of holdings have been reduced and 60% are waiting to be cleared. The increase is a bit surprising. . There is no Telegram group or Twitter group. Is it a project party that generates electricity purely for love? . . #金狗 ASSCLOWN Contract address: 0x481409E9701e84fdAFcfC9B55b3B1A2D3050b701 #聪明钱
The 100x address is not a random statement. .
The base dog-rushing tool is so powerful, with a delay of 3 seconds. The test wallet snipes ASSCLOWN. In the past hour, it has risen 13 times. Currently, 40% of holdings have been reduced and 60% are waiting to be cleared. The increase is a bit surprising. . There is no Telegram group or Twitter group. Is it a project party that generates electricity purely for love? . . #金狗
ASSCLOWN
Contract address: 0x481409E9701e84fdAFcfC9B55b3B1A2D3050b701
#聪明钱
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"Caitlyn Jenner MEME coin incident: the mental journey of retail investors! Hot discussions, twists and turns, confusion, the coin price has been ups and downs!With the launch of ETFs, players’ expectations for altcoins on ETH have continued to grow. The rising price of ETH continues to ignite the altcoin market. Coupled with the positive attitude towards cryptocurrencies shown in the US election, the already lively MEME track continues to be a carnival. The iteration speed of new MEME topics even exceeds the speed at which people change their positions and exchange coins. Today, the market was dominated by the MEME coin $Jenner launched by Caitlyn Jenner, the stepfather of the American internet celebrity Kardashian sisters. From Pump.fun to the secondary market, the thousand-fold increase is amazing. After understanding the whole story, we found that the whole thing developed quite a drama:

"Caitlyn Jenner MEME coin incident: the mental journey of retail investors! Hot discussions, twists and turns, confusion, the coin price has been ups and downs!

With the launch of ETFs, players’ expectations for altcoins on ETH have continued to grow.
The rising price of ETH continues to ignite the altcoin market. Coupled with the positive attitude towards cryptocurrencies shown in the US election, the already lively MEME track continues to be a carnival. The iteration speed of new MEME topics even exceeds the speed at which people change their positions and exchange coins.
Today, the market was dominated by the MEME coin $Jenner launched by Caitlyn Jenner, the stepfather of the American internet celebrity Kardashian sisters. From Pump.fun to the secondary market, the thousand-fold increase is amazing.
After understanding the whole story, we found that the whole thing developed quite a drama:
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Data: A trader spent 5.14 SOL to buy 86.55 million MOTHERs, and currently has a profit of 762 times According to ChainCatcher, according to Lookonchain monitoring, in just 5 hours, a trader earned 762 times on MOTHER. It is reported that he spent 5.14 SOLs (861 US dollars) to buy 86.55 million MOTHERs (8.66% of the total supply) and sold 80.41 million MOTHERs for 30.355 million SOLs (509,000 US dollars). He currently has 6.14 million MOTHERs left, worth 148,000 US dollars. Before buying MOTHER, he had traded nearly 700 tokens and was losing money, with a winning rate of less than 25%. #meme币 #金狗 #土狗机器人
Data: A trader spent 5.14 SOL to buy 86.55 million MOTHERs, and currently has a profit of 762 times

According to ChainCatcher, according to Lookonchain monitoring, in just 5 hours, a trader earned 762 times on MOTHER.

It is reported that he spent 5.14 SOLs (861 US dollars) to buy 86.55 million MOTHERs (8.66% of the total supply) and sold 80.41 million MOTHERs for 30.355 million SOLs (509,000 US dollars).

He currently has 6.14 million MOTHERs left, worth 148,000 US dollars. Before buying MOTHER, he had traded nearly 700 tokens and was losing money, with a winning rate of less than 25%. #meme币 #金狗 #土狗机器人
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Trump and Jenner lead the new wave of Meme coins and NFT!First Trump sold NFTs, and then Jenner, the eldest dad of the Kardashian family, started Pump.fun to sell Meme coins... The last time celebrities from all walks of life rushed into the crypto industry was the NFT craze from 2021 to 2022; and now, just like the "everything can be NFT" in the past, the Meme coin craze is expected to take over NFT and become a new battlefield for countless celebrities, KOLs, anonymous teams, etc. to open the market and reap the rewards. Analysis of commonalities: Are Memecoin and NFT twin brothers? In the article "A 3-minute quick look at the history of Meme coins: past and future", we mentioned that Meme coins originated from POW coins after Bitcoin. DOGE, which was born in 2013, is generally regarded as the "first Meme coin", even earlier than the emergence of NFT. Therefore, based on the similarities between the two, in terms of time, Meme coins are the "older brother" and NFT is the "younger brother". In detail, the two have similarities in the following aspects:

Trump and Jenner lead the new wave of Meme coins and NFT!

First Trump sold NFTs, and then Jenner, the eldest dad of the Kardashian family, started Pump.fun to sell Meme coins... The last time celebrities from all walks of life rushed into the crypto industry was the NFT craze from 2021 to 2022; and now, just like the "everything can be NFT" in the past, the Meme coin craze is expected to take over NFT and become a new battlefield for countless celebrities, KOLs, anonymous teams, etc. to open the market and reap the rewards.
Analysis of commonalities: Are Memecoin and NFT twin brothers?
In the article "A 3-minute quick look at the history of Meme coins: past and future", we mentioned that Meme coins originated from POW coins after Bitcoin. DOGE, which was born in 2013, is generally regarded as the "first Meme coin", even earlier than the emergence of NFT. Therefore, based on the similarities between the two, in terms of time, Meme coins are the "older brother" and NFT is the "younger brother". In detail, the two have similarities in the following aspects:
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Base chain TVL exceeds $7 billion, setting a new record According to L2BEAT data, the total locked-in TVL of Base chain exceeds $7 billion, and is now reported at $7.01 billion, continuing to set a new record, with a 10.58% increase in 7 days. In addition, the current total locked-in volume of Ethereum L2 has reached $46.31 billion, a 1.48% increase in 7 days.
Base chain TVL exceeds $7 billion, setting a new record

According to L2BEAT data, the total locked-in TVL of Base chain exceeds $7 billion, and is now reported at $7.01 billion, continuing to set a new record, with a 10.58% increase in 7 days. In addition, the current total locked-in volume of Ethereum L2 has reached $46.31 billion, a 1.48% increase in 7 days.
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Ethereum spot ETF approved, analysis of market hot sectors!Recently, the US SEC officially approved the 19b-4 documents of 8 Ethereum spot ETFs. Although ETF issuers still need to wait for several weeks before the S-1 registration statement takes effect before trading, the approval of this ETF is still a shot in the arm for Ethereum and the crypto market. Looking back at the current bull market, the price trend of Ethereum is not satisfactory, and the approval news did not allow ETH to break through the previous high. However, the mainstream market view is still optimistic about the long-term trend of ETH. Standard Chartered Bank predicts that ETH will rise to $8,000 by the end of this year. If Ethereum can really replicate the trend of Bitcoin spot ETF, then the sector projects with the highest correlation with it are likely to be the beneficiaries. Today, Golden Finance will take stock of several potential sector projects that are strongly related to the Ethereum narrative (data as of writing).

Ethereum spot ETF approved, analysis of market hot sectors!

Recently, the US SEC officially approved the 19b-4 documents of 8 Ethereum spot ETFs. Although ETF issuers still need to wait for several weeks before the S-1 registration statement takes effect before trading, the approval of this ETF is still a shot in the arm for Ethereum and the crypto market.

Looking back at the current bull market, the price trend of Ethereum is not satisfactory, and the approval news did not allow ETH to break through the previous high. However, the mainstream market view is still optimistic about the long-term trend of ETH. Standard Chartered Bank predicts that ETH will rise to $8,000 by the end of this year. If Ethereum can really replicate the trend of Bitcoin spot ETF, then the sector projects with the highest correlation with it are likely to be the beneficiaries. Today, Golden Finance will take stock of several potential sector projects that are strongly related to the Ethereum narrative (data as of writing).
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Base chain tracking smart money hits 50 times increase in dog 10 times stop profit 30% 50 times stop profit 30% 40% manual stop profit 2500% profit, overall it's OK
Base chain tracking smart money hits 50 times increase in dog
10 times stop profit 30% 50 times stop profit 30% 40% manual stop profit
2500% profit, overall it's OK
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From Internet celebrity dog ​​to crypto legend: Shiba Inu Kabosu and the MEME culture it leadsCrossed front legs, a cute tilted face, and a pair of determined eyes... This is the emoticon star "Doge" that has been popular around the world for more than a decade. On May 24, the prototype of the celebrity dog ​​"Doge", the Shiba Inu Kabosu - 19-year-old Shiba Inu Kabosu left the world while being caressed by his owner. For many cryptocurrency enthusiasts, the name "Kabosu" may not be familiar, but Dogecoin must have appeared in their crypto wallets to a greater or lesser extent. In addition to the world of cryptocurrency, Doge has long been a legendary internet celebrity dog.

From Internet celebrity dog ​​to crypto legend: Shiba Inu Kabosu and the MEME culture it leads

Crossed front legs, a cute tilted face, and a pair of determined eyes... This is the emoticon star "Doge" that has been popular around the world for more than a decade. On May 24, the prototype of the celebrity dog ​​"Doge", the Shiba Inu Kabosu - 19-year-old Shiba Inu Kabosu left the world while being caressed by his owner.
For many cryptocurrency enthusiasts, the name "Kabosu" may not be familiar, but Dogecoin must have appeared in their crypto wallets to a greater or lesser extent.
In addition to the world of cryptocurrency, Doge has long been a legendary internet celebrity dog.
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A high-win, low-frequency and stable player on the base chain, mainly focusing on new coins. In the past 30D, a total of 9 positions were opened with a yield of 343%. The two highest returns were 22 times/8 times, of which 1 Pixiu ran away, and the longest holding time was 1H. This address is relatively stable with a very good historical performance and profit-loss ratio, but the possibility of whitelisting is not ruled out! The above is only for reference and the final result is based on the test! #聪明钱地址 #base链
A high-win, low-frequency and stable player on the base chain, mainly focusing on new coins. In the past 30D, a total of 9 positions were opened with a yield of 343%. The two highest returns were 22 times/8 times, of which 1 Pixiu ran away, and the longest holding time was 1H. This address is relatively stable with a very good historical performance and profit-loss ratio, but the possibility of whitelisting is not ruled out! The above is only for reference and the final result is based on the test! #聪明钱地址 #base链
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In the second half of 2020, I accidentally entered the cryptocurrency circle through a friend who mined FIL. I spent tens of thousands of yuan to buy some ETH spot and some cottages. At that time, I only knew how to buy but not sell. In 2021, I happened to encounter a bear market, and the overall spot loss was 69%. Later, in order to recover the cost, I mined Fil, Chia, and BZZ with a few friends. I made money in the early stage, but I still didn’t know how to grasp the selling point. I invested a total of 150,000 yuan in spot cottage mining. When I left, I only had 20,000 yuan left. Since then, I haven’t touched blockchain for two years, because of the pain and blood loss, of course, it made me more awed by this market! From last year to this year, there are still many friends around me who have made a lot of money by rubbing. I also invested an ETH and a computer through a friend, 1 Ethereum, and the airdrop is really limited. There are 30 accounts and 3 wallets. 1 Ethereum needs to be divided into 90 wallets, and there is also a division on the zk network, which is equivalent to one Ethereum divided 120 times. I made 14 times the profit from STRK and got more than 70,000 yuan. After paying off my credit card and foreign debts, I only had 15,000 yuan in cash left. On April 25, I first learned about smart money through the Internet. I came into contact with it through 3DOGS on the first day, but I really didn’t know how to play it on the first day. I lost 1,200 yuan to pay tuition. I was really scared at that time. I was really afraid of losing money all the time. On the second day, I entered the market with 0.12 eth. It happened that one of the 0.03 eth followed a smart money address with the last number ce268, and I made more than 40 times directly. Now looking back at the two sales before, I was afraid of losing money. At that time, I thought that the principal was the most important thing. Now I make money. Thinking about why I was so timid at that time, it’s funny to think about my former downtrodden self!                       Later, I used the money I earned to play a little bit on the ETH chain, hitting a CHKN 11 times and a GLYPH 7.5 times. Of course, it also has its share of losses, but overall it is profitable, and sometimes you have to follow the market trend. Later I heard that they have a paid membership group, 9U a month, which gives members some backtested smart money addresses every week. In fact, the most difficult thing is to find the awesome smart money addresses. I paid the annual fee of 108U in one go, anyway, all the money was earned through this tool. Later I saw a bunch of great people in the group, some entered the market with 200U and earned 3000U, some entered the market with 60000U and earned 380000U, and so on. At present, I have increased my capital from 1500U to 76500 dollars, and my principal has doubled 51 times. After using it for so long, I found that the tool for charging BASE chain can automatically help me eliminate more than 85% of Pixiu addresses, and charging ETH chain can automatically help me eliminate 95% of Pixiu addresses. In addition, the GAS fee of BASE chain is only about 0.03-0.08U, which can be ignored. The more you use it, the smoother it becomes. The group owner in the member group gives 100-200 smart money addresses that have undergone deep retracements every week, and the group owner himself will follow many addresses to tell us which ones are profitable and which ones are losing money. If there are more than 3 consecutive losses, stop decisively. Of course, there are a lot of masters in the group. I took a screenshot to show you. It is expected that they can all become masters of A8 and A9 by the end of the year. But this is the same as playing cards and mahjong. Novices still need a process of learning and paying tuition in the early stage. You can rest early at night, set an alarm clock in the middle of the night, and check the market. The biggest feeling I've had this month is that the distance between each of us and the Golden Dog is only one smart money away. With 3DOG, you can see the Golden Dog every day! As an investor who has been working in the cryptocurrency circle for many years, I am happy to share my experience and insights with you. If you are interested in the cryptocurrency circle but don't know how to get started, you might as well follow my homepage. There, we can explore the mysteries of the cryptocurrency circle and the possibilities of the future. Click on my avatar to learn more about me. Looking forward to communicating with you!
In the second half of 2020, I accidentally entered the cryptocurrency circle through a friend who mined FIL. I spent tens of thousands of yuan to buy some ETH spot and some cottages. At that time, I only knew how to buy but not sell. In 2021, I happened to encounter a bear market, and the overall spot loss was 69%. Later, in order to recover the cost, I mined Fil, Chia, and BZZ with a few friends. I made money in the early stage, but I still didn’t know how to grasp the selling point. I invested a total of 150,000 yuan in spot cottage mining. When I left, I only had 20,000 yuan left. Since then, I haven’t touched blockchain for two years, because of the pain and blood loss, of course, it made me more awed by this market! From last year to this year, there are still many friends around me who have made a lot of money by rubbing. I also invested an ETH and a computer through a friend, 1 Ethereum, and the airdrop is really limited. There are 30 accounts and 3 wallets. 1 Ethereum needs to be divided into 90 wallets, and there is also a division on the zk network, which is equivalent to one Ethereum divided 120 times. I made 14 times the profit from STRK and got more than 70,000 yuan. After paying off my credit card and foreign debts, I only had 15,000 yuan in cash left.

On April 25, I first learned about smart money through the Internet. I came into contact with it through 3DOGS on the first day, but I really didn’t know how to play it on the first day. I lost 1,200 yuan to pay tuition. I was really scared at that time. I was really afraid of losing money all the time. On the second day, I entered the market with 0.12 eth. It happened that one of the 0.03 eth followed a smart money address with the last number ce268, and I made more than 40 times directly. Now looking back at the two sales before, I was afraid of losing money. At that time, I thought that the principal was the most important thing. Now I make money. Thinking about why I was so timid at that time, it’s funny to think about my former downtrodden self!
                     
Later, I used the money I earned to play a little bit on the ETH chain, hitting a CHKN 11 times and a GLYPH 7.5 times.

Of course, it also has its share of losses, but overall it is profitable, and sometimes you have to follow the market trend.
Later I heard that they have a paid membership group, 9U a month, which gives members some backtested smart money addresses every week. In fact, the most difficult thing is to find the awesome smart money addresses. I paid the annual fee of 108U in one go, anyway, all the money was earned through this tool. Later I saw a bunch of great people in the group, some entered the market with 200U and earned 3000U, some entered the market with 60000U and earned 380000U, and so on.

At present, I have increased my capital from 1500U to 76500 dollars, and my principal has doubled 51 times. After using it for so long, I found that the tool for charging BASE chain can automatically help me eliminate more than 85% of Pixiu addresses, and charging ETH chain can automatically help me eliminate 95% of Pixiu addresses. In addition, the GAS fee of BASE chain is only about 0.03-0.08U, which can be ignored. The more you use it, the smoother it becomes.

The group owner in the member group gives 100-200 smart money addresses that have undergone deep retracements every week, and the group owner himself will follow many addresses to tell us which ones are profitable and which ones are losing money. If there are more than 3 consecutive losses, stop decisively.

Of course, there are a lot of masters in the group. I took a screenshot to show you. It is expected that they can all become masters of A8 and A9 by the end of the year.

But this is the same as playing cards and mahjong. Novices still need a process of learning and paying tuition in the early stage. You can rest early at night, set an alarm clock in the middle of the night, and check the market.
The biggest feeling I've had this month is that the distance between each of us and the Golden Dog is only one smart money away. With 3DOG, you can see the Golden Dog every day!

As an investor who has been working in the cryptocurrency circle for many years, I am happy to share my experience and insights with you. If you are interested in the cryptocurrency circle but don't know how to get started, you might as well follow my homepage. There, we can explore the mysteries of the cryptocurrency circle and the possibilities of the future. Click on my avatar to learn more about me. Looking forward to communicating with you!
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Coinbase highlighted the importance of regulatory developments on the U.S. cryptocurrency market in its “Weekly Market Commentary” published on May 17. “Macro factors remain the key driver of cryptocurrency performance, although we believe the main upcoming catalyst is likely to be regulatory driven,” Coinbase said. Upcoming regulatory events include the U.S. SEC’s decision on the Ethereum spot ETF application, the White House’s possible action on the SEC’s SAB121 repeal bill, and the U.S. House of Representatives’ vote on the 21st Century Financial Innovation and Technology Act (FIT). Coinbase noted that potential stablecoin legislation, such as the “Lummis-Gillibrand Payment Stablecoin Act,” could also accelerate this adoption cycle. #ETH
Coinbase highlighted the importance of regulatory developments on the U.S. cryptocurrency market in its “Weekly Market Commentary” published on May 17.

“Macro factors remain the key driver of cryptocurrency performance, although we believe the main upcoming catalyst is likely to be regulatory driven,” Coinbase said.

Upcoming regulatory events include the U.S. SEC’s decision on the Ethereum spot ETF application, the White House’s possible action on the SEC’s SAB121 repeal bill, and the U.S. House of Representatives’ vote on the 21st Century Financial Innovation and Technology Act (FIT).

Coinbase noted that potential stablecoin legislation, such as the “Lummis-Gillibrand Payment Stablecoin Act,” could also accelerate this adoption cycle. #ETH
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ETFStore President: SEC likely to approve 19b-4s this week, but S-1 approval will slow down ETFStore President Nate Geraci said on the X platform that the SEC will make a decision on the spot EthETF this week. The SEC must approve 19b-4s (Exchange rule changes) and S-1s (Registration Statements) before the ETF can launch. Technically, it is possible that the SEC will approve 19b-4s and then slow down the S-1s (especially given the reported lack of participation here).
ETFStore President: SEC likely to approve 19b-4s this week, but S-1 approval will slow down

ETFStore President Nate Geraci said on the X platform that the SEC will make a decision on the spot EthETF this week. The SEC must approve 19b-4s (Exchange rule changes) and S-1s (Registration Statements) before the ETF can launch. Technically, it is possible that the SEC will approve 19b-4s and then slow down the S-1s (especially given the reported lack of participation here).
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Fantom Releases More Details of Sonic Network, FTM Price Rally Continues? The Fantom Foundation has released more details about its new layer-one blockchain, Sonic Network. This network is connected to Ethereum via a layer-two bridge, allowing Sonic to take advantage of a large number of users, liquidity, and other protocols. Sonic's connection to Ethereum is achieved through a combination of Sonic Network and Sonic Bridge, which makes Sonic a unique product. It is the first ecosystem that can enjoy the advantages of both layer-one blockchains and native access to Ethereum. This means that Sonic is able to combine the low cost, scalability, and speed of layer-one blockchains with the security of layer-two bridges to provide access to native ETH and other assets on Ethereum. Sonic technology has undergone intense development and has culminated in an Opera chain upgrade that has increased TPS to 2,000 while significantly reducing storage requirements and costs. As a builder of the next-generation platform, Sonic will drive the thriving development of dApps and communities. Regarding the transition from $FTM to $S, after the launch of the Sonic chain, the supply of $S will be aligned with the supply of $FTM to facilitate a smooth transition. Users will have the opportunity to migrate their $FTM tokens to the new $S tokens at a 1:1 ratio. The initial migration process is expected to be bidirectional, allowing users to switch between $FTM and $S tokens, while a bridge will facilitate this two-way exchange to ensure that participants of the current Opera network can seamlessly migrate to the Sonic experience. However, once the transition period is over, the migration will become a one-way migration from $FTM to $S. The news provides additional impetus for the price of Fantom (FTM), which has already surged strongly over the past week, up nearly 20%, as the protocol's total locked value (TVL) surges.
Fantom Releases More Details of Sonic Network, FTM Price Rally Continues?

The Fantom Foundation has released more details about its new layer-one blockchain, Sonic Network. This network is connected to Ethereum via a layer-two bridge, allowing Sonic to take advantage of a large number of users, liquidity, and other protocols.

Sonic's connection to Ethereum is achieved through a combination of Sonic Network and Sonic Bridge, which makes Sonic a unique product. It is the first ecosystem that can enjoy the advantages of both layer-one blockchains and native access to Ethereum. This means that Sonic is able to combine the low cost, scalability, and speed of layer-one blockchains with the security of layer-two bridges to provide access to native ETH and other assets on Ethereum.

Sonic technology has undergone intense development and has culminated in an Opera chain upgrade that has increased TPS to 2,000 while significantly reducing storage requirements and costs. As a builder of the next-generation platform, Sonic will drive the thriving development of dApps and communities.

Regarding the transition from $FTM to $S, after the launch of the Sonic chain, the supply of $S will be aligned with the supply of $FTM to facilitate a smooth transition. Users will have the opportunity to migrate their $FTM tokens to the new $S tokens at a 1:1 ratio.

The initial migration process is expected to be bidirectional, allowing users to switch between $FTM and $S tokens, while a bridge will facilitate this two-way exchange to ensure that participants of the current Opera network can seamlessly migrate to the Sonic experience. However, once the transition period is over, the migration will become a one-way migration from $FTM to $S.

The news provides additional impetus for the price of Fantom (FTM), which has already surged strongly over the past week, up nearly 20%, as the protocol's total locked value (TVL) surges.
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Important developments at noon 1. Genesis is allowed to repay billions of dollars to creditors; 2. Biden may reconsider exercising his veto power to overturn the relevant resolution of SEC SAB 121 3. Founder of Skybridge Capital: Institutions will accelerate Bitcoin adoption in the next few quarters 4. The total asset management scale of Huaxia's two virtual asset ETFs fell below the HK$1 billion mark 5. The Hong Kong Monetary Authority is working with the mainland to study the technical arrangements for P2P transfers of digital RMB 6. People familiar with the matter: Several fund companies expect that the SEC will not approve Ethereum spot ETFs next week 7. Coinbase: This week's platform outage was caused by errors related to the Coinbase Card reward service 8. Former Gala CEO Jason Brink will become a consultant and set up an external organization LFG to help Gala Chain develop.
Important developments at noon
1. Genesis is allowed to repay billions of dollars to creditors;
2. Biden may reconsider exercising his veto power to overturn the relevant resolution of SEC SAB 121
3. Founder of Skybridge Capital: Institutions will accelerate Bitcoin adoption in the next few quarters
4. The total asset management scale of Huaxia's two virtual asset ETFs fell below the HK$1 billion mark
5. The Hong Kong Monetary Authority is working with the mainland to study the technical arrangements for P2P transfers of digital RMB
6. People familiar with the matter: Several fund companies expect that the SEC will not approve Ethereum spot ETFs next week
7. Coinbase: This week's platform outage was caused by errors related to the Coinbase Card reward service
8. Former Gala CEO Jason Brink will become a consultant and set up an external organization LFG to help Gala Chain develop.
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Arbitrum DAO recently approved an eight-week M&A pilot program proposed by Bernard Schmid, a founding partner of Areta, a company that provides investment banking services to crypto companies. This lays the foundation for Arbitrum DAO to learn from the strategies of large technology companies. It is reported that Arbitrum DAO has $3 billion in funds. They wrote in the proposal: "In addition to in-depth strategic research on the upside of M&A value, the pilot phase should also serve as a platform for in-depth discussions based on data rather than opinions." "If the pilot is successful, Schmid plans to propose a more ambitious proposal: establish an M&A department with a pool of $100 million to $250 million and identify and acquire potential targets within two years. The report commented that while large technology companies have long used mergers and acquisitions to drive their rapid growth, this is relatively rare in the crypto field.
Arbitrum DAO recently approved an eight-week M&A pilot program proposed by Bernard Schmid, a founding partner of Areta, a company that provides investment banking services to crypto companies. This lays the foundation for Arbitrum DAO to learn from the strategies of large technology companies.

It is reported that Arbitrum DAO has $3 billion in funds. They wrote in the proposal: "In addition to in-depth strategic research on the upside of M&A value, the pilot phase should also serve as a platform for in-depth discussions based on data rather than opinions."

"If the pilot is successful, Schmid plans to propose a more ambitious proposal: establish an M&A department with a pool of $100 million to $250 million and identify and acquire potential targets within two years. The report commented that while large technology companies have long used mergers and acquisitions to drive their rapid growth, this is relatively rare in the crypto field.
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There is no Pixiu on Solana? Beware of low-level scams! It concerns your vital interests, must read!Those who have played Ethereum must have experienced the unpredictable Rug that emptied your wallet. Pixiu disk or honeypot is one of them. Pixiu disk is as the name suggests: once you buy it, you can't sell it. It only takes two minutes to teach you how to identify the Pixiu disk on Solana. 📜Case Brief: Recently, a fan said: I bought a SolDog, but the transaction failed. Solscan shows that the account is frozen, and I can't sell it using the trading robot or the wallet. However, I can still see the transaction record of the token on DEX. When I checked the hash on the browser, I found that the account was frozen. This was definitely a Pi Xiu. Almost all the transactions shown as available for sale on DEX were insider trading by the token issuer itself.

There is no Pixiu on Solana? Beware of low-level scams! It concerns your vital interests, must read!

Those who have played Ethereum must have experienced the unpredictable Rug that emptied your wallet. Pixiu disk or honeypot is one of them. Pixiu disk is as the name suggests: once you buy it, you can't sell it.
It only takes two minutes to teach you how to identify the Pixiu disk on Solana.
📜Case Brief:

Recently, a fan said: I bought a SolDog, but the transaction failed. Solscan shows that the account is frozen, and I can't sell it using the trading robot or the wallet. However, I can still see the transaction record of the token on DEX.

When I checked the hash on the browser, I found that the account was frozen. This was definitely a Pi Xiu. Almost all the transactions shown as available for sale on DEX were insider trading by the token issuer itself.
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