Selected News

1. JD.com and Ant Group are recommending the central bank approve a RMB-based stablecoin

2. David Sacks: The week of July 14 will be a crypto week, reviewing multiple crypto bills

3. Guotai Junan International and Victory Securities rose over 20% during trading, having both been approved to provide virtual asset trading services

4. Jupiter Studio: Anti-sniping protection mechanism allows users to set their own sniping tax

5. AEX (Anyin) trading platform founder Huang Tianwei was released on bail in Thailand yesterday

Trending Topics

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

HANA: Today's discussion about Hana mainly focuses on the expansion of the Hana Network leaderboard: from the original top 100 to the top 1000 participants, making it easier for smaller accounts to get on the list and earn rewards. The network is praised for its commitment to creating a youth-oriented, entertaining trading platform, dubbed the "TikTok of crypto." Additionally, a funny incident occurred: due to an algorithm misreading a tweet about "Ghana," the Indian Prime Minister was mistakenly regarded as the "top voice" of Web3. The community is also actively discussing the potential returns of the $HANA token presale and the upcoming airdrop for Kaito Yappers.

KAITO: Today's discussions on Twitter about KAITO focus on the challenges and opportunities within the InfoFi ecosystem. Users are debating whether KAITO's algorithm can effectively reward genuine interactions rather than AI-generated content, with some suggesting that on-chain behavior should be combined with content quality to enhance the mechanism. The community is also exploring KAITO's positioning in the broader crypto market, with potential new features and upcoming airdrops becoming hot topics. Furthermore, how to give smaller accounts exposure and the importance of genuine interaction compared to AI-driven participation are widely discussed.

INFINEX: Infinex gained widespread attention today due to a purchase of 17 Patron NFTs worth $80,000, which raised its implied market cap to $520 million. This purchase sparked heated discussions about the value and rights conferred by Infinex Patron, such as free swidges, early access features, and participation in exclusive communities. As a result, the floor price of Patron NFTs rose to 2 ETH, and market sentiment turned bullish. Additionally, Infinex's integration capabilities with other DeFi applications and its user-friendly interface are seen as significant attractions.

ECLIPSE: Today's discussions around ECLIPSE center on the launch of the $ES airdrop query tool and the upcoming TGE (Token Generation Event). The airdrop has elicited mixed reactions from the community: some users are excited about the allocation, while others express disappointment due to ineligibility. Questions regarding the project team's management capabilities and past controversies among team members have also surfaced. Nevertheless, market expectations for the TGE remain high, with many users hoping for positive developments from the project.

M: MemeCore has attracted attention due to its launch on major exchanges like Binance Alpha, Kraken, and Bitget, as well as the airdrop of 1,000 M tokens to eligible users. The community is actively discussing various stages of the airdrop, high annualized staking opportunities, and the potential of M as a mainnet coin. The flagship Dapp MemeX has launched staking features for M and introduced $stM for PvP prediction games, which have also become focal points. Overall, the discussions highlight the community's strong interest in M's ecosystem expansion and its innovative "Proof of Sh*t" mechanism.

Selected Articles

1. Figma is set to have the largest IPO in the US stock market this year; can you buy its private equity on Republic?

In early July, the well-known brokerage Robinhood announced its "stock tokenization" plan, which sparked heated discussions. In addition, they revealed plans to open "equity derivatives" for two unlisted companies, OpenAI and SpaceX. However, prior to them, on June 25, the crowdfunding investment platform Republic announced it would issue Mirro Tokens linked to the performance of unlisted shares of Elon Musk's SpaceX, along with options for dozens of other well-known "unlisted companies." What is the difference between this mirror token from the nearly 10-year-old crowdfunding platform and Robinhood's "equity derivatives"? How can we find opportunities on it?

2. BitMine surges 30 times in four days, sparking a trend of ETH reserves in the US stock market

On July 3, Bitcoin mining company BitMine (stock code: BMNR) saw its stock price rise over 130% in a single day. Since the company announced on June 30 that it would raise funds primarily to increase its ETH holdings, the stock price skyrocketed from $4 to $135 in a short time, an increase of over 30 times. This astonishing trend not only drove the correlated rise of several concept stocks like SharpLink (stock code: SBET) and Bit Digital (stock code: BTBT) but also hinted at a new market trend emerging—the rise of Ethereum's decline strategy, which is gradually sweeping the US stock market.

On-chain Data

On-chain capital flow situation on July 4

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。