Last week, the cryptocurrency market did not experience a widespread increase; Bitcoin's dominance remained above 56%, with funds still concentrated in major assets, but some mid and small-cap assets showed an independent performance. According to data from Huobi HTX platform, from August 2 to August 9, the BSC Meme sector showed the most concentrated performance, with TUT skyrocketing by 733% in a week, while the DeFi sector continued its strong trend from the past few weeks.

BSC Meme: TUT, MUBARAK, TST rise simultaneously

The three assets are all issued on the Meme platform Four.meme of BNB Chain and have long been regarded as assets of the same series in the community, showing strong correlation last week.

• TUT (Tutorial): This week, the increase reached 733%. TUT originated from a tutorial demonstration for token issuance, gaining community consensus as the test token was migrated to the mainnet, with the price reaching a historic high last week.
• MUBARAK: This week, the increase reached 72%. The name MUBARAK is derived from Arabic meaning "blessed," and it is a Meme asset with Middle Eastern cultural coloring on the BNB Chain.
• TST: This week, the increase reached 41%. TST also started as a test token and is one of the older assets in this sector.

Price fluctuations of Meme assets lack predictable patterns, and the correlation with project progress is also low, but significant profit effects can still form at specific stages. It is also important to note that the speed of retracement in this sector is comparable to the speed of increase, and participants should fully understand the associated risks.

AI: SKYAI ends three months of consolidation

• SKYAI: This week, the increase reached 291%. SkyAI is a data infrastructure project on the BNB Chain, with its MCP Hub serving as a routing layer that allows AI agents to retrieve structured on-chain data across various model context protocol servers. This asset had been consolidating since early May and broke out upwards last week, with discussions on social platforms significantly increasing since August.

DeFi: BICO, BMT rebound from historical lows, BTW ranks for the third consecutive week

The DeFi sector has been active for several weeks. Previously, assets like BANK, EUL, DIA strengthened in succession, driven by the launch of institutional products and the advancement of the RWA narrative. The three outstanding assets last week were a different situation: BICO and BMT both started from their lowest prices since listing, representing valuation recovery after a significant drop; BTW's upward movement was supported by sustained enthusiasm for BTCFi, with a different pace from the former two.

• BICO (Biconomy): This week, the increase reached 240%. Biconomy focuses on account abstraction and smart accounts, with the ERC-8211 standard launched in collaboration with the Ethereum Foundation, allowing multi-step on-chain operations to be consolidated into a single transaction, supporting AI agents in executing DeFi processes.
• BMT (Bubblemaps): This week, the increase reached 110%. Bubblemaps visualizes on-chain holdings, transforming wallet associations and token distributions into bubble charts, with "bubble map" becoming a common term in the industry; this tool was previously integrated into the Binance Web3 wallet.
• BTW (Bitway): This week, the increase reached 153%. Bitway is a PoS Layer 1 public chain compatible with Bitcoin, allowing BTC holders to participate in financing, staking, and lending without cross-chain transfer or giving up self-custody. This marks the third consecutive week that BTW has appeared on the increase chart, with previous weeks increasing by 10% and 17% respectively.

Repricing of dormant assets

Many assets listed last week had experienced a prolonged period of stagnation before their surge. SKYAI consolidated for three months, BICO and BMT had just set their lowest prices since listing, TUT was merely a test token used for teaching demonstrations before it became a popular asset, and BTW only accelerated after three weeks of continuous strength.

In periods of market quietude, funding attention tends to narrow down to major assets, and the pricing of mid and small-cap assets often deviates long-term from their actual activity levels. When market sentiment warms or specific triggers appear, the price recovery speed and magnitude of these types of assets often exceed expectations.

Therefore, the value of assets should not be judged solely by current trading popularity. Huobi HTX maintains a long-term perspective on asset screening and maintenance, allowing projects at different stages of development to obtain a stable trading environment, which enables users to find corresponding targets when the market begins to rise.