Today's Quotes
Bitcoin $66256 - 70087 -1.07%
Ethereum $3523- 3948 -3.6%
hot topic
- Ethereum spot ETF has passed the first hurdle at SEC, is it not far from official listing?
-The old meme coin PEOPLE continues to set new historical highs. What is driving it?
- KABOSU, the prototype of MEME coin DOGE, passed away
For more information, see Followin Hot Trends: https:// Followin.io/zh-Hans/dailyTrending
Hot Topics Today
The first Aevo Airdrops project, zerolend, has been launched and will distribute 400 million ZERO to users who are eligible for Zerolend’s Aevo Airdrops.
Binance Research Institute released a research report on Lista (LISTA), revealing the economic model of the LISTA token. As of May 23, 2024, the total supply of LISTA is 1 billion, the circulating supply after listing is about 230 million (about 23.0% of the total supply of tokens), and the Binance Megadrop quota is 100 million (about 10.0% of the total supply of tokens).
Alpha Information
Taiko released the airdrop query page and TKO token economic model, but because the airdrop was far below expectations and the airdrop rules were opaque, Taiko was questioned by many community users.
This article aims to list some small and medium-sized cryptocurrency projects through financing data, investment institutions, project progress, user data, etc., to find potential stocks in the current market environment.
In the field of blockchain, the emergence of new technologies and concepts always attracts widespread attention from the market. Currently, SocialFi has become one of the most dynamic and innovative tracks in the crypto field.
Real World Assets (RWA) is a topic you may see discussed a lot online. It is an interesting topic and a piece of the puzzle in the cryptocurrency market.
Further reading
After the Ethereum spot ETF was approved today, the price only briefly broke through $3,900 at 5 a.m., and then remained at $3,700-3,850. Why didn't ETH usher in the expected "big surge"? What's the reason behind it?
The bet on "whether the spot Ethereum ETF will be approved before May 31" on the well-known prediction market Polymarket also came to an end, and it was confirmed that it would be executed with a result of YES ("will be approved") , which means that users who chose YES will take away all the $13.22 million rewards in the bet. Conversely, if you choose NO ("will not be approved"), all the invested funds will be reduced to zero.
The impact of the Federal Reserve's interest rate hike and cut cycles on cryptocurrencies, the impact of Bitcoin spot ETFs on cryptocurrencies, the resonance between Bitcoin and Nasdaq, the impact of the US election on cryptocurrencies, etc.
Meme coins became a means for the community to resist VCs. Through fair distribution and high participation, Meme coins gained wider support and popularity, while VC coins were widely condemned. Ultimately, the absurdity of the capital formation process led to the confrontation between venture capital and retail investors. Venture capital accused Meme coins of disrupting the market, while retail investors, in turn, accused VCs of doing evil.
Market environment and narrative are the main factors that determine asset performance.
The US SEC approved the 19b-4 forms submitted by multiple Ethereum spot ETF issuers, which almost confirms that Ethereum spot ETF is not far away. Whale wallets on the Ethereum chain are hoarding Altcoin such as LDO, AAVE and UNI.
Chinese discussion group: https://t.me/followin_io
Lightning News Subscription: https://t.me/followin_zh
