Key market intelligence on June 9, how much did you miss?

CN
2 hours ago

Selected News

  1. Last week's net inflow of digital asset investment products reached $286 million

  2. The USDT-based Layer 1 network Stable officially announces that USDT will be used as Gas and peer-to-peer transfers will be free

  3. Binance: Alpha points reaching 236 will be eligible to claim 800 SKATE airdrop

  4. Real-time mindshare ranking of AI concept coins: VIRTUAL, FARTCOIN, COOKIE take the top three spots

  5. Binance: Eligible Alpha users will be able to claim an exclusive HOME token airdrop

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

KAITO: Today's discussions about KAITO have sparked heated debates on Twitter, focusing on its influence in the crypto community, especially its potential for monetizing social influence. KAITO's core role in the InfoFi network has been emphasized, with users generally optimistic about its ability to generate income through social interactions and mindshare. Several new projects empowered by KAITO have also attracted market interest, and speculation about token buybacks and staking mechanisms is heating up. Meanwhile, KAITO's algorithm has been praised for effectively filtering high-quality content, distinguishing AI-generated information, and rewarding genuine interactions. The community generally looks forward to KAITO's continuous iteration to further empower Web3 content creators.

VADER: Today's discussions around VADER focus on its newly launched Yapping activity plan. This plan allows users to earn Virgen points and airdrop rewards by staking 10,000 VADER and participating in community interactions, generating widespread attention. Many users hold a bullish outlook on VADER's potential within the Virtuals ecosystem. The activity mechanism includes daily rewards and airdrop distribution, which are considered key factors in enhancing VADER's mindshare. Additionally, its strategic partnerships and high return expectations are also significant motivators for user participation.

PEPE: Today's discussions about PEPE highlight its active market performance and cultural influence. Topics include Elon Musk's interactions with PEPE memes, the dominance of the Plush Pepe NFT series in the Telegram gift market, and the potential for PEPE's price to rise despite recent volatility. Notable figures like Luca Netz and Snoop Dogg have also joined the ranks of Plush Pepe NFT holders, further boosting its popularity. Furthermore, PEPE's position within the entire meme coin ecosystem has been widely discussed, with comparisons to other similar projects, and the market generally remains optimistic about its future growth potential.

AVAX: In the past 24 hours, AVAX has seen significant growth, with trading volume, fee income, and the number of validators all rising sharply. The Avalanche ecosystem is experiencing a revival, with users mentioning the convenience of its cross-chain bridge and the yield opportunities AVAX offers in the current market. Several crypto opinion leaders have also returned to the Avalanche camp, and the market generally believes AVAX is poised for a strong breakout. Discussions have also centered on AVAX's potential to lead a new DeFi Summer, with a significant increase in active addresses and DeFi TVL, coupled with strong performances from tokens like $ARENA, further enhancing the community's bullish sentiment.

Selected Articles

  1. After KTA's tenfold surge in January, these three concepts are particularly hot in the Base ecosystem

After Circle's listing, the US stock market reacted extremely enthusiastically, with the stock price soaring from the IPO price of $31 to a closing price of $83.23 on the first day, and further rising the next day, with a market cap briefly exceeding $30 billion. Not only in the US stock market, but the optimistic sentiment among investors regarding the stablecoin concept in global markets has spread, especially against the backdrop of a potentially improving regulatory environment. Therefore, Coinbase's public chain Base, which has deep cooperation with Circle, has naturally attracted significant institutional attention, and recently, more and more promising products have emerged. This article will summarize the recent high-quality Base projects.

  1. X collaborates with Polymarket, bringing Musk closer to the "everything app"

The family feud between Musk and Trump continues with "cutting ties first." Recently, Polymarket founder Shayne Coplan announced that Polymarket has become the "official prediction market partner" of social media giant X and its AI team xAI. The collaboration combines X platform data with Grok's analytical capabilities to provide millions of Polymarket users worldwide with more contextual and data-supported insights in real-time.

On-chain Data

On-chain capital flow situation on June 9

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