Selected News
Musk shares "Green Octopus" concept tweet causing a short-term surge for SHOGGOTH
Ethereum derivatives trading volume exceeded $110 billion in the past 24 hours, surpassing Bitcoin
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
HYPERLIQUID: Today's discussions around HYPERLIQUID focus on its all-time high (ATH) and future growth potential. Many users celebrate the token's strong performance while speculating on future price trends. Hot topics include the launch of the new feature Silhouette (a protective exchange), calls for a mobile app to optimize user experience, and a notable event involving Andrew Tate's trading losses, which has garnered significant attention. Additionally, the token's economic model is a hot topic, particularly how its daily buyback mechanism enhances value for token holders. The community generally believes the platform has the potential to dominate the DEX market, with its innovative token distribution methods becoming a focal point of discussion.
DEFIAPP: DEFIAPP has sparked widespread attention on Twitter due to the launch of the $HOME token. $HOME is the core token of this "DeFi universal app," now listed on multiple exchanges including Binance, Bybit, and Coinbase, along with a large-scale airdrop event rewarding Kaito's active users and stakers. This launch has ignited user enthusiasm, with some excited about the airdrop rewards while others criticize the project's execution and market performance. The token listing and airdrop are the main drivers of its recent social media buzz.
VADER: VADER has recently gained significant attention due to its staking and social task plans, leading to a notable increase in its market cap and staking ratio. The community is actively discussing the advantages of staking VADER, such as earning Virgen Points and potential airdrops, especially with the upcoming IRIS project. The discussion around VADER has been fueled by its integration with the Virtuals ecosystem and the community incentives and participation mechanisms promoted by VaderResearch.
KAT: Today's Twitter discussions about KAT mainly revolve around the launch of the "Katana Yapper leaderboard." This leaderboard incentivizes users to create content to promote Katana's DeFi ecosystem by establishing a monthly reward pool of 10 million KAT and $20,000 USDC. The ecosystem emphasizes deep liquidity and sustainable yields, encouraging users to produce content around features like VaultBridge, on-chain liquidity governance mechanisms, and integrations with platforms like Sushi and Morpho. The community is currently very active, exploring the decentralized financial solutions offered by Katana.
IRIS: Today's main discussions around IRIS focus on the anticipation and excitement for its upcoming launch. IRIS is the first Ethereum AI entity project launched by Virtuals, and many users express high interest in its investment return potential, with some even experiencing FOMO due to insufficient points. The project is viewed as a significant event, often compared to other successful projects, and is expected to yield high returns. The involvement of Nethermind and the Ethereum Foundation further enhances the project's credibility, with the community generally believing that IRIS could become a "game changer" in the intersection of AI and blockchain.
Featured Articles
After the wave of "TON mini-games" faded, the TON ecosystem gradually slipped from the market's main attention. Unexpectedly, the TON ecosystem has once again become the focus of the market, this time due to another concept that has long been out of favor—NFTs. The recent Telegram "gifts" and the earlier adventure island chain game have both brought NFTs back into the market's spotlight through practical applications. It has been nearly four years since the summer when NFTs were all the rage; the term NFT is no longer a buzzword for speculation but has quietly taken on more practical applications, showcasing its role on larger platforms. It is hoped that more NFT applications like Telegram "gifts" will emerge, injecting fresh vitality into the market.
Recently, the trading platform Bullish was revealed by the media to have secretly submitted a listing application to the SEC. Its parent company, early Block.one, raised $4.2 billion, becoming the largest fundraising event in crypto history. In the most profitable CEX sector of the crypto space, Bullish is not a well-known name, but in fact, its "background" is quite illustrious. In 2018, EOS emerged, claiming to be the Ethereum killer, and the company behind it, Block.one, conducted the longest and largest ICO (Initial Coin Offering) in history, raising an astonishing $4.2 billion. A few years later, as EOS's popularity waned, Block.one "started anew," pivoting to create a cryptocurrency trading platform, Bullish, that focuses on compliance and targets the traditional financial market.
On-chain Data
On-chain fund flow situation on June 11
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