Major events in the crypto in the past 24 hours: The Federal Reserve signals a rate cut, KEKIUS surges 96%, LAUNCHCOIN plummets, and Binance Alpha’s trading volume hits a new high!

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Followin Hotspot Overview:

1. Federal Reserve's Bostic: Expects one rate cut this year due to uncertainty;

2. Musk changed X avatar to "Kekius Maximus" themed MEME image and X nickname to "Kekius Maximus", MEME coin #KEKIUS surged 96%, market cap $51M;

3. #LAUNCHCOIN dropped 21%, market cap reported at $174 million. Ecological token market cap fell to $250 million;

4. pump.fun co-founder: CTO feature for creator revenue sharing will be launched soon;

5. Machi Big Brother Huang Licheng bought $750,000 #HYPE at $27.5 per token;

6. #WLFI has currently spent $347 million buying 12 tokens, with an overall unrealized loss of $53.07 million;

7. Galaxy Digital founder: Hyperliquid is a decentralized Nasdaq with transparent profits;

8. BNB Chain Foundation bought WOD, #KILO, #KOMA tokens worth $25,000 each;

9. Binance Alpha listed #MIRAI, with trading volume reaching $770.4 million on the 16th, setting a new historical high;

10. JUST DAO: Will launch an orderly transition plan for USDJ on May 16th;

11. #Infini significantly reduced transaction fees to 0.1%, U card is about to enter the zero-fee era.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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