WLD will unlock 6.62 million tokens released daily over the next two years
Hot projects + Market overview
I. Mainstream exchange news
- Binance will list the CRV/USDC perpetual contract.
- Bitget will upgrade the BGB smart contract address, to expand BGB’s use cases in decentralized applications such as DeFi, DEX, and GameFi.
II. Mainstream projects and trending events
- Robinhood has acquired an AI investment firm, Pluto Capital, to provide Robinhood users with AI trading tools.
- Polkadot's first half of 2024 report has shown expenses amounting to $87 million and treasury reserves equivalent to about two years' worth of funds.
- BitMEX co-founder Arthur Hayes said holding cryptocurrencies is the best way to preserve and grow financial value in the current economic climate.
- The US SEC has received Hashdex's Crypto Index ETF application. It will hold spot Bitcoin and Ethereum.
- The US SEC has sued crypto bank Silvergate for securities fraud.
- Stablecoin giant Circle has obtained an Electronic Money Institutions (EMI) license from the French regulators.
- Jupiter, a Solana ecosystem DEX, has started supporting PayPal's stablecoin PYUSD.
- According to SEC filings, renowned investor Keith "Roaring Kitty" Gill has disclosed ownership of 6.6% of Chewy ($CHWY) shares. Upon the news, the CHWY token has surged over 200% in a day.
- Bitfinex Securities plans to launch two tokenized bonds on the Bitcoin sidechain Liquid Network with Mikro Kapital, aiming for a $10 million USDT issuance with a $125,000 minimum investment.
- Pump.fun's cumulative income has exceeded $50 million.
- WLD will start a significant linear unlock from July 24th, with 6.62 million tokens released daily over two years.
III. Funding news
- Web3 security firm Mamori has raised $5 million in a seed round led by Blockchain Capital.
- ESG data oracle project Nubila has raised $2.5 million in a funding round led by IoTeX and VeChain.
- Shared sorting network Astria has raised $12.5 million in a funding round led by dba and Placeholder VC.
IV. Regulatory news
- The Central Bank of the Bahamas is developing regulations to mandate bank access to CBDC to stimulate its popularity.
V. Popular projects
Market Overview
BTC is currently hovering around $63,000. Once it approaches $64,000, it may show a converging triangle pattern.
A rebound could begin if it surpasses $64,000; otherwise, future BTC price movement remains uncertain.
BTC Spot ETF Update - July 1
Overall Data:
Total Net Inflow: $14.65 billion
Daily Net Inflow: $129 million
Single-Day Turnover: over $697 million
Proportion of BTC’s Market Value: 4.4%
Breakdown by ETF:
GBTC:
Net Asset Value: $17.41 billion (0%)
Single-Day Net Outflow: $0
Cumulative Net Outflow: $19 billion
Single-Day Turnover: $172 million
FBTC:
Net Asset Value: $10.66 billion (-0.61%)
Single-Day Net Outflow: $65 million
Cumulative Net Inflow: $9 billion
Single-Day Turnover: $239 million
ARKB:
Net Asset Value: $2.93 billion (+0.44%)
Single-Day Net Inflow: $13 million
Cumulative Net Inflow: $2 billion
Single-Day Turnover: $131 million
BILLY is up 40% in a day
BILLY is a memecoin on the Solana chain, featuring a cute dog. It is currently the most watched memecoin.
The token has recently reached a new high, with a market value of $94 million, on-chain liquidity of $2.7 million, and a 24-hour trading volume of $25.58 million.
RAY is up 5% in a day
The Solana ecosystem is demonstrating strength. A leading DEX in the Solana ecosystem, RAY's token price is stabilizing, with continuous rebounding movement.
Moreover, speculations about the approval of an SOL ETF are likely to rise following the approval of an ETH ETF.
ACX's TVL has reached $155 million
Across Protocol (ACX) is a new cross-chain bridge built on UMA's Optimistic Oracle. It integrates Optimism Oracles, relayers, and single-sided liquidity pools to facilitate decentralized instant transactions across chains.
Across Protocol currently supports various mainstream networks. It unveiled its V3 update on February 23rd, positioning the project as an intent-driven interoperability solution to enhance transaction speed and reduce costs.
In collaboration with Uniswap, ACX introduced ERC-7683 on May 20th and a modular solution on June 26th.
The ACX token has reached a market value of $124 million, ranking 351st and demonstrating substantial potential.
On-chain Daily
1. HOPPY: HOPPY features a personified frog character adapted from the famous comic "The Night Riders" created by Matt Furie, the illustrator who created Pepe.
Current Price: $0.000144
Historical High: $0.000162
24-hour Change: +37%
Current Market Value: $60M
Official Twitter: https://x.com/hoppycoinERC20
2. CHWY: CHWY features Roaring Kitty, the initiator of the previous GAMESTOP event. Roaring Kitty recently posted a cartoon image of a dog emoji on X, giving rise to CHWY.
Current Price: $0.05474
Historical High: $0.05652
24-hour Change: +562%
Current Market Value: $1.9M
Official Twitter: https://x.com/CHWYtoken
3. PONKE: PONKE is a memecoin on the Solana chain featuring a monkey. Unlike typical projects, Ponke excels in spreading memes through animations, reaching a broader Web2 audience. It currently has a fan base of 340,000 on Instagram, making it a relatively prominent memecoin.
Current Price: $0.457
Historical High: $0.478
24-hour Change: +6%
Current Market Value: $228M
Official Twitter: https://x.com/ponkesol
4. BOBBY: BOBBY is a memecoin on the Solana chain, featuring an adorable kitten. Its concept is similar to MICHI, with the community currently managing it (CTO).
Current Price: $0.0037
Historical High: $0.00658
24-hour Change: +40%
Current Market Value: $3.7M
Official Twitter: https://x.com/BobbyCatOnSol
5. CHACHA: CHACHA is a memecoin on the Base chain, themed as Doge's companion.
Current Price: $0.04199
Historical High: $0.04263
6-hour Change: +58% (Token Launch Time: 7/1 17:00 UTC)
Current Market Value: $617K
Official Twitter: https://x.com/chacha_base
6. Crash: Crash is a memecoin on the Base chain, aspiring to become the meme king on Base. It features the YouTube trading channel Crash Trading, which has 105,000 subscribers, although the channel creator did not issue Crash and is not associated with it.
Current Price: $0.03,
Historical High: $0.0413,
24-hour Change: 5%,
Current Market Value: $28.7M
Official Twitter: https://x.com/BasedCrashX
Daily Rune Observation
Gas Fee Change:
The current BTC transaction fee is 13 bytes/satoshi, remaining at a low point due to Bitcoin's downturn.
Today's Popular Projects
CAMPAIGN•HUSH•MONEY:
- Total pieces: 42,000
- Reserved: 1%
- Currently minted: 39,018
- In memory pool: 241
- Minting schedule: 93%
- Holding addresses: 801
MAX•DOG•ONCHAIN:
- Minting: Completed
- A popular project with a market value of 270K
- 24-hour trading volume: $38,000 (207% increase)
- Holding addresses: 973
RUNE•ALPHA•COOK:
- Minting: Completed
- A popular project with a market value of 3.4M
- 24-hour trading volume: $31,000 (167% increase)
- Holding addresses: 10,699
Top Runes Projects Tracking
DOG•GO•TO•THE•MOON: Rune #3, also known as the airdrop Rune of Runestone.
- Current price: 9.67 Sats
- 24-hour change: -7%
- Current Market Value: 9,669 BTC
BAMK•OF•NAKAMOTO•DOLLAR: A synthetic dollar protocol built on Bitcoin L1.
- Current price: 10 Sats
- 24-hour change: -16%
- Current Market Value: 2,099 BTC
RSIC•GENESIS•RUNE: Rune #8, established by the prominent inscription mining project RSIC.
- Current price: 8.5 Sats
- 24-hour change: -4.3%
- Current Market Value: 1,781 BTC
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