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🚨Breaking Meme News: Forget the usual doge and shiba shenanigans, there’s a new hippo in town! 🦛💥 Introducing Moo Deng, the memecoin inspired by a real baby hippo from Bangkok’s Khao Kheow Zoo. Yes, you read that right – a hippo. 🎉 This chunky little creature just gave birth to a $100 million market cap on Solana, and her meme-appeal is skyrocketing faster than you can say "bouncy pork." 🍖 The hippo hype has attracted over 12,400 wallets and $48.5 million in trading volume in the last 24 hours alone. Move over, stewed pork brother Moo Toon and sweet pork sister Moo Waan – Moo Deng’s got the global stage! 🌍 Dreamworks and UFC are now joining the Moo train, proving that hippos can meme with the best of them. 🐱🐶🐱🐶 Nope, it's not all cats and dogs anymore! Disclaimer: The zoo’s still trying to figure out how to trademark their new crypto mascot... but hey, the memecoin ship has already sailed. Get ready for the wildest crypto ride yet! 🚀

China’s retail sales and industrial data miss expectations in August PUBLISHED FRI, SEP 13 202410:00 PM EDT UPDATED 3 HOURS AGO KEY POINTS Retail sales rose by 2.1% in August from a year ago, missing expectations of 2.5% growth among economists polled by Reuters. That was also slower than the 2.7% increase in July. Industrial production rose by 4.5% in August from a year ago, lagging the 4.8% growth forecast by Reuters. That also marked a slowdown from a 5.1% rise in July. Fixed asset investment rose by 3.4% for the January to August period, slower than the forecast of 3.5% growth. Customers buy pork at a shopping mall in Hangzhou, China, on September 9, 2024. On the same day, data released by the National Bureau of Statistics shows that in August 2024, the national consumer price rises by 0.6% year-on-year. (Photo by Costfoto/NurPhoto via Getty Images) Pictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s retail sales, industrial production and urban investment in August all grew slower than expected, according to National Bureau of Statistics data released Saturday. Retail sales rose by 2.1% in August from a year ago, missing expectations of 2.5% growth among economists polled by Reuters. That was also slower than the 2.7% increase in July. Online sales of physical goods rose by just under 1% in August from a year ago, according to CNBC calculations of official data. Industrial production rose by 4.5% in August from a year ago, lagging the 4.8% growth forecast by Reuters. That also marked a slowdown from a 5.1% rise in July. Despite the miss, industrial production still grew faster than retail sales, “reflecting the structural imbalance imbedded in China’s economy, with stronger supply and weaker demand,” said Darius Tang, associate director, corporates, at Fitch Bohua. The firm expects the Chinese government will likely announce more, gradual stimulus in the fourth quarter to support consumption and real estate, Tang said. China policymakers' key challenge is presenting measures in a 'coordinated' way: China’s challenge is to present measures in coordinated way: Strategist Fixed asset investment rose by 3.4% for the January to August period, slower than the forecast of 3.5% growth. The urban unemployment rate was 5.3% in August, an uptick from 5.2% in July. Among fixed asset investment, infrastructure and manufacturing slowed in growth on a year-to-date basis in August, compared to July. Investment in real estate fell by 10.2% for the year through August, the same pace of decline as of July. National Bureau of Statistics spokesperson Liu Aihua attributed the uptick in unemployment to the impact of graduation season. But she said that stabilizing employment requires more work. This year, the statistics bureau has been releasing the unemployment rate for people ages 16 to 24 who aren’t in school a few days after the wider jobless release. The youth unemployment rate in July was 17.1%. “We should be aware that the adverse impacts arising from the changes in the external environment are increasing,” the bureau said in an English-language statement. A “sustained economic recovery is still confronted with multiple difficulties and challenges.” This weekend, Saturday is a working day in China in exchange for a holiday on Monday. The country is set to celebrate the Mid-Autumn Festival, also known as the Mooncake Festival, from Sunday to Tuesday. The next and final major public holiday in China this year falls in early October. BofA: China’s role as the key growth driver for oil demand is ‘dying out’ Growth in the world’s second-largest economy has slowed after a disappointing recovery from Covid-19 lockdowns. Policymakers have yet to announce large-scale stimulus, while acknowledging that domestic demand is insufficient. Other data released in the last week has underscored persistent weakness in consumption. Imports rose by just 0.5% in August from a year ago, customs data showed, missing expectations. Exports rose by 8.7%, beating expectations. Beijing’s consumer price index for August also disappointed analysts’ expectations with an increase of 0.6% from a year ago.

CHINA ECONOMY China’s retail sales and industrial data miss expectations in August PUBLISHED FRI, SEP 13 202410:00 PM EDT UPDATED 3 HOURS AGO KEY POINTS Retail sales rose by 2.1% in August from a year ago, missing expectations of 2.5% growth among economists polled by Reuters. That was also slower than the 2.7% increase in July. Industrial production rose by 4.5% in August from a year ago, lagging the 4.8% growth forecast by Reuters. That also marked a slowdown from a 5.1% rise in July. Fixed asset investment rose by 3.4% for the January to August period, slower than the forecast of 3.5% growth. Customers buy pork at a shopping mall in Hangzhou, China, on September 9, 2024. On the same day, data released by the National Bureau of Statistics shows that in August 2024, the national consumer price rises by 0.6% year-on-year. (Photo by Costfoto/NurPhoto via Getty Images) Pictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s retail sales, industrial production and urban investment in August all grew slower than expected, according to National Bureau of Statistics data released Saturday. Retail sales rose by 2.1% in August from a year ago, missing expectations of 2.5% growth among economists polled by Reuters. That was also slower than the 2.7% increase in July. Online sales of physical goods rose by just under 1% in August from a year ago, according to CNBC calculations of official data. Industrial production rose by 4.5% in August from a year ago, lagging the 4.8% growth forecast by Reuters. That also marked a slowdown from a 5.1% rise in July. Despite the miss, industrial production still grew faster than retail sales, “reflecting the structural imbalance imbedded in China’s economy, with stronger supply and weaker demand,” said Darius Tang, associate director, corporates, at Fitch Bohua. The firm expects the Chinese government will likely announce more, gradual stimulus in the fourth quarter to support consumption and real estate, Tang said. China policymakers' key challenge is presenting measures in a 'coordinated' way: China’s challenge is to present measures in coordinated way: Strategist Fixed asset investment rose by 3.4% for the January to August period, slower than the forecast of 3.5% growth. The urban unemployment rate was 5.3% in August, an uptick from 5.2% in July. Among fixed asset investment, infrastructure and manufacturing slowed in growth on a year-to-date basis in August, compared to July. Investment in real estate fell by 10.2% for the year through August, the same pace of decline as of July. National Bureau of Statistics spokesperson Liu Aihua attributed the uptick in unemployment to the impact of graduation season. But she said that stabilizing employment requires more work. This year, the statistics bureau has been releasing the unemployment rate for people ages 16 to 24 who aren’t in school a few days after the wider jobless release. The youth unemployment rate in July was 17.1%. “We should be aware that the adverse impacts arising from the changes in the external environment are increasing,” the bureau said in an English-language statement. A “sustained economic recovery is still confronted with multiple difficulties and challenges.” This weekend, Saturday is a working day in China in exchange for a holiday on Monday. The country is set to celebrate the Mid-Autumn Festival, also known as the Mooncake Festival, from Sunday to Tuesday. The next and final major public holiday in China this year falls in early October. BofA: China’s role as the key growth driver for oil demand is ‘dying out’ Growth in the world’s second-largest economy has slowed after a disappointing recovery from Covid-19 lockdowns. Policymakers have yet to announce large-scale stimulus, while acknowledging that domestic demand is insufficient. Other data released in the last week has underscored persistent weakness in consumption. Imports rose by just 0.5% in August from a year ago, customs data showed, missing expectations. Exports rose by 8.7%, beating expectations. Beijing’s consumer price index for August also disappointed analysts’ expectations with an increase of 0.6% from a year ago.

Dogecoin, PEPE, and Shiba Inu dominate the meme token economy, with DOGE leading the way in social media interactions. Recent data from Phoenix Group and LunarCRUSH shows that Dogecoin generates 9.2 million interactions in just 24 hours. This high engagement underscores the strong community support and its continued influence on the evolving cryptocurrency landscape. Dogecoin's strong social media presence Dogecoin remains a powerful force in the meme coin market. There were 22.9k active posts in the past day. This activity reflects the strong community support and Dogecoin's relevance in the market. Posts include likes, comments, and reposts that demonstrate Dogecoin's continued dominance. Moreover, Dogecoin's social activity is also impacting market performance. On Monday, the token rose more than 8% thanks to positive investor sentiment. The potential for further growth exists, depending on whether it completes a key move within the falling wedge pattern that traders are closely watching. Pepe and Shiba Inu growth While Dogecoin is leading the way, PEPE and Shiba Inu are also making significant gains. PEPE has recorded 16.1k active posts and 5 million interactions, positioning itself as a strong competitor. The token's popularity is aided by its integration with gaming and social platforms, helping it maintain a strong presence in the market. Dogecoin, PEPE and Shiba Inu lead the meme coin market in terms of social activity, with DOGE topping the charts with 9.2 million interactions. Shiba Inu is also showing a serious challenge with 10,000 engaged posts and 1.5 million interactions. Despite being relatively new, Shiba Inu's loyal community is fueling its growth. This strong support helps Shiba Inu maintain its influence in the meme coin space, making it a key player alongside Dogecoin and PEPE. DegenTokenBase improves user interaction In related news, DegenTokenBase has launched an updated blockchain expedition to improve transaction tracking. This feature helps users track transactions faster and more efficiently. The DegenTokenBase team says that explorer allows tracking “faster than you can say banana zone.” This update is expected to improve interaction with the system. Other emerging memes such as PORK and POPCAT are also attracting attention. PORK has registered 7.3k active posts and 1.7 million interactions, indicating its growing popularity. POPCAT also showed high activity with 6.2k active posts, indicating a growing interest in new meme coins. These developments show that the meme coin market remains vibrant and competitive.

The top three projects with rising whale activity are the Ethereum-based SuperRare, PepeFork, and the Arbitrum-based Stargate Finance, with 4,087%, 2,400%, and 2,083% growth in the past 30 days. SuperRare is a non-fungible token (NFT) and digital art marketplace with a native token, RARA, that has a volume of $22.42 million. PepeFork (PORK) is a meme coin project with a volume hovering around $1.67 million. Stargate Finance (STG) is a composable liquidity transport bridge for omnichain decentralized finance (DeFi) with $5.56 million in volume.