Followin Daily (May 16)

Followin Daily

05-16

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Today's Quotes

Bitcoin $64714 - 66197 +2.27%
Ethereum $2976 - 3000 +0.79%

hot topic

- Alpha Information 05/16

- NOT is going public today, what is a reasonable valuation?

-Bitcoin hits $66,000. Can this collective rebound continue?

For more information, see Followin Hot Trends: https:// Followin.io/zh-Hans/dailyTrending

Hot Topics Today

Linea TVL exceeds $800 million, setting a new record, and the mainnet has bridged more than 570,000 ETH

According to L2BEAT data, Linea’s TVL has exceeded US$800 million, a record high, and is currently US$801.89 million, with a 7-day increase of 2.99%.

Matrixport Lianchuang: ETH/BTC exchange rate may rise to 0.049

Daniel Yan, co-founder of Matrixport, posted on the X platform that he is still disappointed with the development of Ethereum, but technically, the ETH/BTC exchange rate is currently in a rebound phase. The ETH/BTC exchange rate may rise by 5% to 0.049, but if this happens, its gains may fade quickly.

Data: Bitcoin rose 7.5% in a single day, the largest single-day increase in nearly two months

Bitcoin posted its biggest one-day gain in nearly two months on Wednesday as weak U.S. economic data raised the possibility of a summer interest rate cut by the Federal Reserve. Bitcoin, by market value, rose more than 7.5% yesterday to $66,250, its biggest gain since March 20, according to TradingView and CoinDesk data.

Notcoin will be listed on mainstream exchanges at 8 pm tonight and start trading

Notcoin, a game meme project in the Telegram ecosystem, said on the X platform that it will be launched on Binance, OKX, Bybit, Kucoin, Gate, Bitget, Bitfinex and other mainstream exchanges at 8:00 tonight (Beijing time), and the trading function will be enabled at the same time.

QCP Capital: US CPI data boosts risk asset market, BTC may return to $74,000

QCP Capital stated in a statement that the US CPI data triggered a breakthrough in the range of risky assets, and the price of BTC rebounded to above $66,000. It is expected that this momentum may push the price back to a high of $74,000.

KittyFi concept is out of business, GME, KITTY and other concept coins plummeted by more than 50% in 24 hours

OKX web3 wallet data shows that in the past 24 hours, Kitty concept coins have generally fallen and collapsed. Among them, Solana chain KITTY fell 67%, GME fell 54%, WSB fell 69%, and AMC fell 71%. If we look at the retracement from the high point, taking GME as an example, the retracement reached 62%, and the same is true for other Kitty concept MEME.

Alpha Information

Summary of comprehensive tools for airdrop track (super complete)

Binance Labs invested in early-stage potential projects that you must participate in this week: Movement and Initia

Points PUA is gradually being despised, which other airdrops are worth continued attention?

An overview of the key interactive projects. Remember to supplement the interactive data, as interaction is still the core way to earn high returns with small amounts of money.

Data interpretation: Is it really profitable to buy coins by following KOLs?

The article mentioned that the currency type that is shill tends to rise in a short period of time and then fall. If you only follow the buying and ignore the selling, you are likely to lose money.

Viewpoint: Macroeconomic liquidity summer may be coming, and sufficient patience is the key to success

Thoughts after reading: Take a long-term view and don’t get lost in price discounts at the hour or even minute level.

Followin Daily (May 16)

hot topic

Hot Topics Today

Alpha Information

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