🚨Compilation of Crypto Market Highlights from Last Night:
1⃣ US Stocks Rise, but cryptocurrency-related stocks show mixed movements. BMNR stock - representing ETH reserve - dropped 2.06%, SBET fell 5.8%, Strategy declined 3.22%, while Circle increased 2.07%.
2⃣ LetsBONK Announces Plan to Repurchase Top Meme Tokens from the ecosystem using 1% of total protocol revenue. Market capitalization of #USELESS recovered to 320 million USD, #ANI reached 77 million USD. #BONK reached 3.075 billion USD, nearly catching up with PUMP.
3⃣ PUMP Causes Severe Disappointment: A private investment fund was discovered transferring 14.3 million USD of PUMP to an exchange. The "Machi Big Brother" investor's 5x longing trade is now losing over 5 million USD. PUMP's market capitalization dropped to 3.1 billion USD.
4⃣ AI Altcoin #SAHARA Explodes 86% in One Day, possibly due to capital inflow from Korean investors. Market capitalization reached a record 1.3 billion USD. The community affirms SAHARA "owes nothing to anyone".
5⃣ #SPK Increases 200% in Three Days, market capitalization exceeding 1.2 billion USD. The project combining SPK + MakerDAO provides a lending platform with yields up to 30%, helping to continuously increase mining revenue.
6⃣ #PENGU Surpasses BONK, becoming the largest Meme token in the Solana ecosystem with a circulating market capitalization of 3.7 billion USD. The 4-year anniversary event of the "Chubby Penguin" Non-Fungible Token collection helped boost the momentum.
7⃣ Tron Inc – the TRX reserve company – will be listed on NASDAQ on July 24th. Although #TRX has been trading sideways for a week, the information about Justin Sun about to "go to space" could create a new breakthrough.
8⃣ Approximately 520,000 ETH Staking is About to be Unlocked, with investors queuing to withdraw capital. ETH may face selling pressure, stETH on Lido is currently trading below standard price due to unstaking demand.
9⃣ Trump's Fund – #WLFI – Continues to Accumulate Additional 2 Million USD of ETH, raising total purchase in the week to over 10,000 ETH. Many speculate that a "big move" is being prepared.
🔟 #BNB Market Capitalization Reaches 109.1 Billion USD – Highest in History, surpassing even Starbucks. Capital is shifting towards the BNB ecosystem, including DeFi and MEME tokens.
🔟1⃣ #ZORA Increases Over 110% in 24h, 5 Times in 10 Days, market capitalization soaring to 157 million USD thanks to BaseApp's social features and content monetization model, creating FOMO effect among creative communities and investors.
🔟2⃣ Market Overview: BTC maintains its upward momentum, while ETH faces pressure due to rumors of Justin Sun selling coins. #SOL plummets strongly after reaching the 200 USD mark. Altcoins are generally experiencing a severe correction from last night.
