WOO X lets users speculate on tokens before they launch

Hot projects + Market overview

I. Mainstream exchange news

• Robinhood reported a 161% year-over-year increase in crypto trading revenue for Q2 2024, with trading volume reaching $21.5 billion.
• WOO X has launched a pre-release perpetual futures market, allowing traders to bet on upcoming tokens.
• OKX will delist the MSN/USDT and OMN/USDT spot trading pairs on August 9.
• Bithumb will launch io.net (IO) in the KRW market.

II. Mainstream projects and trending events

• Digital asset trust company BitGo has received a major payment institution license from the Monetary Authority of Singapore.
• The meme project Pacmoon in the Blast ecosystem will migrate to the Solana network, with the migration expected on August 14.
• Data from Polymarket shows that Kamala Harris and Donald Trump are tied at 49% in the election odds.
• Ripple CEO Brad Garlinghouse tweeted that the SEC initially demanded a $2 billion fine, but the court reduced it by about 94%.
• Metaplanet has secured a 1 billion yen loan at an annual interest rate of 0.1%, which will be used to purchase Bitcoin further.
• Grayscale and Bitwise, in conjunction with the New York Stock Exchange, have proposed listing and trading options for spot Ethereum ETFs.
• Ethena has expanded access to USDe by integrating with Solana and adding SOL as a supporting asset.
• Grayscale has launched new crypto investment trusts for SUI and TAO.
• Independent developer Nima Owji tweeted on August 6 that the X platform will launch X Payments, a service for transactions, balance management, and transfers.

III. Funding news

• AI agent tool Payman has completed a $3 million pre-seed funding round with participation from Visa and Coinbase Ventures.
• LYNC has raised $1.5 million in a pre-seed funding round that was participated in by Movement Labs.
• Binance Labs has invested in Solayer, a Solana ecosystem re-staking protocol.
• Blockchain explorer Blockscout has completed a $3 million seed round led by 1kx.
• On-chain AI aggregator Aidatify has completed a $17.5 million Series A funding round.
• DeAgentAI, a Web3 AI network, has completed a $6 million seed round led by Web3.com Ventures and Vertex Capital.
• Andrena, a Solana ecosystem DePIN project, has completed an $18 million round of funding led by Dragonfly.

IV. Regulatory news

• The UK FCA has issued guidance on cryptocurrency advertising compliance, requiring registration of firms providing cryptoasset services.
• Judge Analisa Torres of the Southern District of New York fined Ripple $125 million for violating securities laws through 1,278 institutional sales, far less than the $1 billion in disgorged profits and $900 million in penalties sought by the SEC.
• The International Monetary Fund (IMF) is discussing Bitcoin risk management strategies with El Salvador.
• India's Minister of State for Finance, Pankaj Chaudhary, emphasized the country's commitment to combating money laundering in the cryptocurrency sector but stated that there are no current plans to regulate cryptocurrency transactions.

V. Popular projects 

Market Overview 

BTC peaked at $57,736 before retreating to $54,558, reflecting a 5.5% correction. 

BTC is trending upwards and will likely maintain this momentum if it stays above $52,500. 

Key resistance levels to watch are $57,979 and $64,054.

YAWN is up 105% in a day

The price of YAWN, a memecoin featuring a member from the "Boy's Club", has surged 105% 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 like sleep gummies, creatine, hangover patches, and calming capsules. Upcoming merchandise such as T-shirts, hoodies, hats, and plush toys will further solidify the brand’s presence.

YAWN has a total supply of 8 billion tokens with no taxes or transaction fees. The current market cap stands at $22.21 million.

TRUMP is up 107% in a day

TRUMP, a Trump-related memecoin that can be earned by playing TRUMP SHOOTER, has surged 107% in the last 24 hours.

The token has a total supply of 5 billion, with 15% reserved for CEX listings, 50% for liquidity, 10% for airdrops, 5% for community rewards, and 20% for future development.

Since its launch on July 31, TRUMP's price has increased over 300 times, despite having only $340,000 in on-chain liquidity. The market cap is $23.35 million.

NEIRO has reached an all-time high

Neiro on ETH (NEIRO), a memecoin named after the Doge dog owner's new puppy, has reached a new all-time high. 

Launched on July 29, NEIRO is a leading token in its category, with a market cap of $270 million. 

NEIRO has over 15,000 holding addresses and a daily trading volume of $23.66 million.

JKL is up 7% in a day

The price of JKL, the token of the trustless cloud storage ecosystem Jackal Protocol, has surged 7% in the last 24 hours.

Jackal Protocol ensures the privacy and security of user data, allowing users to stake JKL tokens to secure the network and earn rewards and voting rights. 

The JKL token's market cap is $23.7 million, with a valuation of $33.48 million.

On-chain Daily

WL: WL is a memecoin on the Ethereum chain. It is reported that the Trump family has teased a new cryptocurrency project, potentially named "World Liberty.".

Current Price: $0.001954

Historical High:$0.003562

12-Hour Change: +76,882%  

Current Market Value: $1.9M 

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

2. yawn: yawn is a memecoin on the Ethereum chain featuring a yarn boy living steadily.

Current Price: $0.00268

Historical High: $0.002992  

24-Hour Change: +101%  

Current Market Value: $21.4M  

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

3. PP: PP is a memecoin on the Ethereum chain, featuring Pepe who’s running for the 2024 US president.

Current Price: $0.001376

Historical High: $0.003107

24-Hour Change: +27,650%  

Current Market Value: $1.3M  

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

4. Minion: Minion is a memecoin on the Solana chain featuring a Minion bound to a cross, claiming to be Jesus minion's minion.

Current Price: $0.001615

24-Hour Change: +2700%  

Current Market Value: $1.7M  

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

5. WPEPE: WPEPE is a memecoin on the Solana chain, featuring a mummified PEPE, which is referred to as  "Wrapped PEPE."

Current Price: $0.00002817

Historical High: $0.00003155

24-Hour Change: + 3463%

Current Market Value: $2.8M  

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

6.BTW:  BTW is a memecoin on the Solana chain featuring a banana taped to the wall, with the full name ‘Banana Tape Wall’.

Current Price: $0.01187

24-Hour Change: +609%

Current Market Value: $11.8M  

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

Daily Rune Observation

Gas Fee Change:

The current BTC transaction fee falls to 3 satoshis/byte and the Runes fever remains at a low level.

Today's Popular Projects:

1. NICOLAS•PI•RUNES

   - Fully minted

   - Market Value: $12.26M

   - 24-Hour Trading Volume: $246,000

   - 24-Hour Change: +24.06%

   - Holding Addresses: 10,031

2.UNCOMMON•GOODS

   -  Rune #0, open minting until the next halving, with no quantity limit.

   - Market Value: $3.58M

   - 24-Hour Trading Volume: $24,600

   - 24-Hour Change: +6.11%

   - Holding Addresses: 171,656

3. BYZANTINE•GENERAL

   - Fully minted

   - Market Value: $1.49M

   - 24-Hour Trading Volume: $2800

   - 24-Hour Change: +5.77%

   - Holding Addresses: 682

Top Rune Projects Tracking:

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

  - Current Price: 5.29 Sats

  - 24-Hour Change: +0.46%

  - Current Market Value: 5,576 BTC

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

  - Current Price: 4.4 Sats

  - 24-Hour Change: -5.87%

  - Current Market Value: 912 BTC

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

  - Current Price: 3.7 Sats

  - 24-Hour Change: -11.65%

Performances of Today's Top Three Tracks

Payment: An overall daily increase of 14%

1. ECOX: ECOX is a wallet that allows users to simultaneously spend, send, save, and earn. By using Eco, users can earn a 5% annual return on their deposits and receive 5% cash back on purchases made on sites like Amazon and Uber. $ECOx is a utility token designed to facilitate system governance and liquidity.

   - Daily Increase: +28%

   - Current Price: $0.112

   - Current Market Value: $39M

   - 24-Hour Trading Volume: $101K

2. XRP: XRP is a global cross-currency network created by Ripple Labs, which is built with decentralized ledgers. It enables secure, instant, and nearly free global financial transactions of any size. The lawsuit between Ripple and the SEC has concluded, with Ripple ultimately required to pay a fine of $125 million, significantly less than the $2 billion initially demanded by the SEC.

   - Daily Increase: +21%

   - Current Price: $0.616

   - Current Market Value: $34.5B

   - 24-Hour Trading Volume: $4.62B

3. XLM: Being an open network for store and exchange money, Stellar has made it easy for users to create, send and trade digital representation on all forms of money such as Dollars (USD) and Bitcoin. Stellar is designed to make every finance systems in the world work universally.

- Daily Increase: +11.5%

- Current Price: $0.103

- Current Market Value: $3.04B

- 24-Hour Trading Volume: $246.4M

Layer 1: An overall daily increase of 1.6%

1. BSV: BSV is a hard fork of BCH. It views peer-to-peer transactions as the core value, which is committed to increasing block size and on-chain transaction throughput.

- Daily Increase: +9.7%

- Current Price: $41.5

- Current Market Value: $820M

- 24-Hour Trading Volume: $31.1M

2. TARA: Taraxa is an EVM-compatible smart contract platform based on t-Graph consensus utilizing blockDAG, which allows Web3 to deal with real-world problems.

- Daily Increase: +9%

- Current Price: $0.0043

- Current Market Value: $18.7M

- 24-Hour Trading Volume: $213K

3. FTN: FTN is a Web3-driven solutions ecosystem offering a diverse range of products, including Fastex Verse, the ftNFT marketplace, Fastex Chain, the Fastex Pay crypto payment system, Fasttoken, and the Fastex Exchange for crypto and fiat trading.

- Daily Increase: +8%

- Current Price: $2.51

- Current Market Value: $810M

- 24-Hour Trading Volume: $118M

Memecoins: An overall daily increase of 0.9%

1. Popcat: Popcat is a memecoin on the Solana chain, whose prototype is a web game created in 2021 by three British university students. The game involves clicking on a cat's mouth to make it open and close rapidly. It quickly became a viral sensation in Europe and America, with users creating various memes accompanied by a "POP" sound effect. Notably, this coin has had a longer lifespan on the Solana chain and has shown more stable performance.

- Daily Increase: +22%

- Current Price: $0.00618

- Current Market Value: $609M

- 24-Hour Trading Volume: $134M

2. Wif: Wif is a memecoin on the Solana chain, whose full name is Dogwifhat, featuring a Shiba Inu wearing a pink knitted hat.

- Daily Increase: +13.6%

- Current Price: $1.73

- Current Market Value: $1.73B

- 24-Hour Trading Volume: $1.5B

3. Mumu:Mumu is a memecoin on the Solana chain, which is a mascot memecoin representing the bull market. It serves as the opposite character to Bobo the Bear (the bear market).

- Daily Increase: +9.3%

- Current Price: $0.0(4)687

- Current Market Value: $159M

- 24-Hour Trading Volume: $24.6M

Disclaimer

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