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VIPBitget VIP Weekly Research InsightsMemecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.
VIPBitget VIP Weekly Research InsightsRecently, as market liquidity recovers, the crypto market—led by key assets like BTC and ETH—has started to rebound. Leading DeFi assets have continued to update their products amid six months of market volatility, maintaining their market dominance and leading positions. With the upcoming U.S. presidential election, both candidates are likely to propose favorable policies regarding DeFi and Web3 applications, potentially bolstering the sector. As a result, leading DeFi assets are expected to benefit from an early boost in liquidity recovery and may outperform the broader market in the coming months.
- 13:24BTC falls below 82000 US dollarsThe market shows that BTC has fallen below 82,000 US dollars, currently reported at 81,972.42 US dollars, with a 24-hour drop of 3.43%. The market fluctuation is significant, please manage your risk well.
- 13:23Cardano Foundation launches digital identity platform VeridianCardano Foundation has launched a digital identity platform, Veridian, which uses open-source tools to verify identities and authenticate online communications. Along with this new product, the Veridian Wallet was also introduced, allowing users to manage their credentials, private keys and identifiers. (The Block)
- 13:23Financial giant BNY launches blockchain accounting tool, BlackRock becomes its first customerFinancial giant BNY announced the launch of a blockchain accounting tool, with BlackRock as its first client. This tool can directly provide the latest data on net asset value (NAV) of funds on the blockchain. In addition, this product will also increase the transparency of tokenized funds, a rapidly growing new category of funds similar to traditional ones but with underlying assets recorded and transferred on the blockchain. (Fortune)