Worldcoin faces privacy law issues in Colombia

Hot projects + Market overview

I. Mainstream exchange news

• Coinbase International will launch perpetual futures contracts for Render (RNDR), Saga (SAGA), and Threshold (T).
• Binance has launched POPCAT/USDT and SUN/USDT perpetual contracts with up to 75x leverage.
• Binance will launch the ALPACA/USDT perpetual contract on August 22.
• Coinbase will start offering a 1:1 exchange service between the Euro Stablecoin (EURC) and the Euro on August 28.

II. Mainstream projects and trending events

• Bitcoin staking protocol Babylon has launched Bitcoin staking.
• Users will benefit from earning rewards through PayPal’s PYUSD stablecoin as part of a partnership with Anchorage Digital, according to a report from Fortune.
• US presidential candidate Donald Trump has shared the official Telegram channel for his family’s cryptocurrency project, “The DeFiant Ones,” on TruthSocial.
• Grayscale has launched the Grayscale Avalanche Trust, providing qualified investors with the opportunity to invest in AVAX, the native token of the Avalanche blockchain.
• Bitcoin network transaction fees have spiked to 856 satoshis per byte, with high-priority transactions costing up to 1,256 satoshis per byte.
• X has revealed its shareholder list, which includes crypto-related companies such as a16z.
• Pump.fun has launched a new multi-user live streaming feature Stages.
• Magic Eden, an NFT marketplace, has launched its first mobile wallet app that allows users to trade NFTs and swap cryptocurrencies including Bitcoin, Ethereum, and Solana.
• MakerDAO has launched upgraded versions of DAI and MKR, called NewStable and NewGovToken. The original DAI and MKR tokens will continue to be available and unchanged.
• Puffer Finance has scheduled its TGE for early Q4 in the updated roadmap.
• Scallop, a lending protocol in the Sui ecosystem, has launched Scallop Swap V2.

III. Funding news

• SatLayer, a Bitcoin re-staking platform, has completed an $8 million Pre-Seed funding round led by Hack VC and others.
• Arch, a crypto lending platform, has raised $5 million in a seed round led by Morgan Creek Digital.
• Stork Network, a Web3 oracle provider, has raised $4 million in seed funding.
• Fantasy football platform Fanton has raised $1 million in seed funding participated in by Animoca Brands.
• Ark Labs, a Bitcoin Layer 2 project, has completed a $2.5 million Pre-Seed funding round, led by Tim Draper and Draper Associates.

IV. Regulatory news

• India's Department of Economic Affairs is expected to release a consultation paper on cryptocurrency regulation by September, which will play a key role in shaping the future of the country's crypto policies.
• Colombia’s regulatory authority has accused Worldcoin and Tools for Humanity of breaching personal data protection laws.

V. Popular projects 

Market overview

BTC has risen above the 4-hour moving average (MA140) of $59,762.

If BTC can stay above $59,799, there is potential for further upward movement towards $64,000. 

If BTC breaks through $64,000, the next target could be $66,000.

ALPACA is up 91% in a day

Alpaca Finance, a leveraged yield farming protocol and an early DeFi Summer project, has seen its token ALPACA rise by 91% in the last 24 hours.

The token is fully circulating, and recent attention has increased following the launch of a 75x contract on Binance.

Alpaca's TVL is at $54.87 million, with a market cap of $36 million.

GINNAN is up 73% in a day

The price of GINNAN, a memecoin claiming to be the cat brother of Doge, has surged 73% in the last 24 hours.

The token has no transaction fees and a total supply of 6.9 trillion. Ginnan's on-chain liquidity is $550,000, with a daily trading volume of $3.7 million and a market cap of $24.88 million.

There have been on-chain addresses actively accumulating the GINNAN token.

BILLY is up 35% in a day

BILLY, a memecoin on the Solana chain featuring a cute dog, has increased by 35% in the last 24 hours.

The price of BILLY had previously corrected by 80% from its peak but has recently stabilized.

BILLY has reached a current market cap of $32 million, with on-chain liquidity of $2.09 million and a 24-hour trading volume of $10 million.

YAWN is up 27% in a day 

The price of YAWN, a memecoin featuring a member from the Pepe comic, has surged 27% in the last 24 hours.

YAWN offers its holders opportunities to benefit from its expanding brand and community-centric initiatives. The Yawn website features products such as sleep gummies, creatine, hangover patches, and calming capsules. Upcoming merchandise including T-shirts, hoodies, hats, and plush toys are aimed to expand the brand’s presence.

YAWN has a total supply of 8 billion tokens, no taxes or fees, and a market cap of $26 million.

MANEKI is up 15% in a day

MANEKI, a memecoin featuring the Maneki-Neko (beckoning cat) symbol, has created significant wealth effects within the Solana ecosystem, surging over 300x in one day.

MANEKI has reached a market cap of $38 million, with a 24-hour trading volume of $12.78 million.

BEL is up 46% in a day

Bell coin (BEL), a memecoin purportedly created by Dogecoin cofounder@BillyM2k, has surged 46% in the last 24 hours.

Inspired by Nintendo's Animal Crossing, BEL was created in 2013, eight days before Dogecoin, and uses POW consensus without any pre-mining.

BEL has reached a market cap of $57 million, with a six-fold increase from its low point.

On-chain daily

1. yawn: yawn is a memecoin on the Ethereum chain inspired by the Pepe comic “Boys Club”.

Current Price: $0.0033

Historical High:$0.00447

24-Hour Change: +30%

Current Market Value: $26.4M

Official Twitter:https://x.com/yawnsworld 

2. DRIP : DRIP is a memecoin on the Ethereum chain featuring a brand with a fashion meta-culture that is taken by the community.

Current Price: $0.0423

Historical High:$0.045

24-Hour Change: +92%

Current Market Value: $2.8M

Official Twitter: https://x.com/Dripcto 

3.CORE: CORE is a privacy token on the Ethereum chain, where users can rent VPS, RDP, and GPU through a Telegram bot, participate in encrypted GPU pools, and access SSH servers with enhanced security.

Current Price: $0.069

Historical High:$0.1

24-Hour Change: +103%

Current Market Value: $6.9M

Official Twitter: None

4.FWOG: FWOG is a memecoin on the Solana chain featuring a long-legged, long-armed frog with large feet. This is a community-driven version of the rugged $flog. There are no developers involved, and it has gained support from many Milady holders. Cole, one of the original creators of Pudgy Penguins, has also expressed interest in it on X.

Current Price: $0.0219

Historical High:$0.045

24-Hour Change: +76%

Current Market Value: $21M

Official Twitter:https://x.com/solfwog 

5.coby: coby is a memecoin on the Solana chain featuring a cute doll, representing 'your best friend.

Current Price: $0.006

Historical High:$0.0075

24-Hour Change: +38%

Current Market Value: $6M

Official Twitter:https://x.com/cobyistheticker 

6.RAPR: RAPR is a Ponzi-like token on the Solana chain, bringing the previous OHM mechanism to the Solana network. It has also gained support from many members of Solana's well-known meme project, RETARDIO.

Current Price: $13.7

Historical High:$15.5

24-Hour Change: +222%

Current Market Value: $5.7M

Official Twitter: https://x.com/RetardedAPR 

Daily runes observation

Gas Fee Change:

The current BTC transaction fee remains low at 6 satoshis/byte. Regardless of the cryptocurrency's price, transaction fees have remained persistently low for a month and a half.

Today's Popular Projects:

1. ME•ARE•OPNETARD

   - Fully minted

   - Market Value: $303.32K

   - 24-Hour Trading Volume: $44,335

   - 24-Hour Change: +134.3%

   - Holding Addresses:456 

2.DOG•GO•TO•THE•MOON

   - Fully minted

   - Market Value: $325.31M

   - 24-Hour Trading Volume: $77,611

   - 24-Hour Change: +11.74 %

   - Holding Addresses:82,142

3.ALETHEIAS•AGORA

   - Fully minted

   - Market Value: $1.31M

   - 24-Hour Trading Volume: $4,593

   - 24-Hour Change: +0.86 %

   - Holding Addresses:636

Top Rune Projects Tracking:

- DOG•GO•TO•THE•MOON: Rune #3, airdrop Runes of Runestone

  - Current Price: 4.89 Sats

  - 24-Hour Change: +0.20 %

  - Current Market Value: 4,889 BTC

- BAMK•OF•NAKAMOTO•DOLLAR: Synthetic dollar protocol on Bitcoin L1

  - Current Price: 3.85 Sats

  - 24-Hour Change: +1.32 %

  - Current Market Value: 808 BTC

- RSIC•GENESIS•RUNE: Rune #8, from RSIC inscription mining project

  - Current Price: 5.97 Sats

  - 24-Hour Change: -9.3%

  - Current Market Value: 1,251 BTC

Performances of today's top three tracks

AI: An overall daily increase of 7.1%

1.AITECH: Solidus is an eco-friendly high-performance computing (HPC) data center. AITECH will serve as a payment gateway for accessing AI and GPU market services.

 - Daily Increase: +14%

 - Current Price: $0.083

 - Current Market Value: $80M

 - 24-Hour Trading Volume: $4.28M

2.TAO: TAO is an open-source protocol that supports blockchain-based machine learning networks. Machine learning models are collaboratively trained and rewarded in TAO based on the informational value they contribute to the collective. 

 - Daily Increase: +12%

 - Current Price: $330

 - Current Market Value: $2.4B

 - 24-Hour Trading Volume: $90M

3.SPEC: Spectral’s Machine Intelligence Network, is a two-sided marketplace offering a cost-effective, high-quality way for smart contracts to consume machine learning (ML) and artificial intelligence (AI) inferences using zero-knowledge machine learning (zkML).

 - Daily Increase: +10%

 - Current Price: $6.82

 - Current Market Value: $82M

 - 24-Hour Trading Volume: $6M

GameFi: An overall daily increase of 4.6%

1.ULTI: Ultiverse is a social gaming metaverse that connects Web3 with an immersive, fully VR-compatible virtual world of AAA quality. By empowering players with different economic abilities to form mutually beneficial relationships, Ultiverse aims to create the first-of-its-kind MetaFi.

 - Daily Increase: +19%

 - Current Price: $0.028

 - Current Market Value: $55M

 - 24-Hour Trading Volume: $22M

2.GMT: STEPN is a web3 lifestyle app with social & game elements.Users can earn game currency by walking, jogging, or running. With Game-Fi, STEPN aims to nudge millions toward a healthier lifestyle, combat climate change and connect the public to Web 3.0, all while simultaneously hinging on it’s Social-Fi aspect to build a long-lasting platform fostering user generated Web 3.0 content.

- Daily Increase: +15%

- Current Price: $0.1335

- Current Market Value: $321M

- 24-Hour Trading Volume: $35M

3.KARRAT: My Pet Hooligan (MPH) is an interactive NFT video game project built using Unreal Engine 5.0.

- Daily Increase: +14%

- Current Price: $0.418

- Current Market Value: $45M

- 24-Hour Trading Volume: $1.8M

Depin: An overall daily increase of 3%

1.DATA: Streamr is a decentralized real-time data network for creating, sharing, and utilizing data streams on an open, scalable Web3 protocol.

 - Daily Increase: +42%

 - Current Price: $0.05

 - Current Market Value: $38M

 - 24-Hour Trading Volume: $39M

2.POKT: The Pocket Network, a blockchain data ecosystem for Web3 applications, is a platform built for applications that use low-cost economics to gather and distribute data at scale.With Pocket, blockchain usage can be easily integrated into websites, mobile apps, IoT, and more, allowing developers to freely bring blockchain-supported applications into the 'pocket' of every mainstream consumer.

 - Daily Increase: +28%

 - Current Price: $0.05

 - Current Market Value: $88M

 - 24-Hour Trading Volume: $3.1M

3.IO: io.net is a decentralized computing network enables the development, execution, and scaling of ML applications on the Solana Blockchain, Putting together 1 million GPUs to form the world's largest GPU colony & DePIN. io.net aggregates GPUs from underutilized sources such as independent data centres, crypto miners, and crypto projects like Filecoin, Render and others. 

 - Daily Increase: +18%

 - Current Price: $0.61

 - Current Market Value: $190M

 - 24-Hour Trading Volume: $229M

Disclaimer

The development and market cap of stablecoins mentioned in the above content is speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available at the time of writing and may be subject to change.

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