Kamala Harris will use Coinbase to accept campaign donations in crypto

Kamala Harris will use Coinbase to accept campaign donations in crypto

Hot projects + Market overview

I. Mainstream exchange news 

  • Bybit will list the Catizen token CATI for spot trading on September 20.
  • Coinbase has made the CORE, LDO, SAFE, and VELO tokens available to New York state users.
  • Bybit has launched the Solana liquidity staking token bbSOL.
  • Binance will launch perpetual contracts for the DOGS/USD and BSW/USDT pairs.
  • OKX will list the Catizen token CATI on its pre-market platform.
  • Trustless OTC DEX Whales Market will list Grass (GRASS) on its pre-market platform.

II. Mainstream projects and trending events

  • Telegram CEO Pavel Durov has stated that Telegram is ready to leave markets that don't align with its principles, emphasizing the platform's focus on defending people's rights over profit.
  • The Solana Optimistic Network Devnet, a modular framework combining SVM and OP Stack, has gone live and is open for public testing.
  • German industrial giant Siemens AG has issued €300 million ($330 million) digital bonds on blockchain as part of the European Central Bank (ECB) trial. Deutsche Bank has also participated in facilitating the settlement process.
  • Democratic presidential candidate Kamala Harris will use Coinbase to accept cryptocurrency donations.
  • US presidential candidate Donald Trump has announced plans to establish a Government Efficiency Committee, with Elon Musk agreeing to serve as its leader.
  • Stablecoin AUSD, previously supported on Ethereum and Avalanche, is now available on the Sui Network.
  • Decentralized derivatives protocol GMX has launched the GMX Liquidity Vault (GLV), an auto-rebalancing vault for GMX Market Pool (GM) tokens that generate fees from leveraged trading and swaps across related markets.
  • Ant Digital is leveraging blockchain-enabled real-world assets (RWA) to address challenges in the renewable energy sector, focusing on asset authenticity and cross-border collaboration between mainland China and Hong Kong.

III. Funding news

  • AI blockchain platform Balance has raised $30 million in a funding round led by a16z.
  • Japanese Web3 gaming company double jump.tokyo has raised over $10 million in the first round of its Series D, led by SBI Investment.

IV. Regulatory news

  • The Xuhui District People's Procuratorate introduced guidelines for handling virtual currency cases, covering evidence collection, seizure, custody, and disposal.

V. Popular projects 

Market overview

 

BTC hit a low of $55,643 and remains in a consolidation phase, heavily influenced by US stock market trends. 

As the expected interest rate cut approaches, volatility may increase.

 

Key levels to watch are the 4-hour 140-period moving average (MA140) at $59,823 and the daily 140-period moving average(MA140) at $63,266 for potential breakout.

DCC is up 260% in a day

The price of DCC, a memecoin on the Solana network featuring the combination of a chicken and centipede, along with elements like beer for comedic effect, has surged 260% in the last 24 hours. 

DCC has reached a market cap of $41.77 million, with on-chain liquidity of $140,000 and a 24-hour trading volume of $1.2 million.

REEF is up 20% in a day

 

Reef Chain, an EVM-compatible DeFi chain utilizing NPoS/PoC consensus, has seen its token REEF rise by 20% in the last 24 hours.

The platform added over 5,000 wallet addresses in August, marking a 22% growth within a month. 

The REEF token has doubled in value recently, with a 24-hour trading volume of over $30 million.

WHY is up 13% in a day

 

The price of WHY, a memecoin on the BSC chain featuring an elephant, has risen by 13% in the last 24 hours.

 

WHY was launched with 100% fairness, burning LP and relinquishing ownership. 

The token has surged over 12-fold from its bottom, with on-chain liquidity of $14.87 million and a 24-hour trading volume of $13 million.

BIGTIME is up 17% in a day

BIGTIME, a multiplayer online role-playing game built on the Ethereum network, has seen its token rise by 17% after being listed on South Korea’s largest exchange Upbit.

The BIGTIME token has reached a market cap of $81.34 million, with a 24-hour trading volume surpassing $100 million.

HNT is up 68% in a month

The price of HNT, Helium’s token, has risen by 68% in the past month.

HNT (Helium) announced its Carrier Offloading data on August 31, a method used by telecoms to offload traffic from main networks to alternative ones like Wi-Fi.

Helium’s user base increased by 126,516 and offloaded data grew by 4.14 TB, highlighting the network's expansion. With 491 active hotspots, each supporting an average of 80 users, HNT's network is expected to grow further.

On-chain daily

1. HUSBY: HUSBY is a DePIN project on the Ethereum chain, a company registered in Europe, converting biogas into nearly free electricity for profitable cryptocurrency mining, currently constructing its own mining center. 

Current Price: $0.0286

Historical High: $0.0356

6-Hour Drop: 9%

Current Market Value: $2.5M

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

 

2. NEIRO: NEIRO is a memecoin on the Ethereum chain, featuring Doge's owner's newly adopted dog, capitalizing on the memecoin trend.

Current Price: $0.071

Historical High: $0.295

24-Hour Increase: 22%

Current Market Value: $71M

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

 

3. DRAGONX: DRAGONX is a derivative of TitanX on the Ethereum chain, where users provide TitanX to the protocol and receive DRAGONX as a staking certificate. The earnings from staking are used to buy and stake TitanX in the secondary market, while DRAGONX is repurchased and burned. 

Current Price: $0.04106 (historical high)

24-Hour Increase: 26%

Current Market Value: $57M

Official Twitter: https://x.com/G1Erik

 

4. E: Etheism combines ERC-20 tokens with NFTs on the Ethereum chain. Each token includes a unique SVG image (NFT), called "Etheist Freak," generated based on the token's transaction history and mathematical factors, evolving over time. Etheism stores image data directly on the blockchain, ensuring permanence.

Current Price: $6100

Historical High: $7900

6-Hour Drop: 61%

Current Market Value: $6.1M

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

 

5. BUD: BUD is a memecoin on the Solana chain, featuring Buddy, the newest character from Matt Furie's stories, portrayed as a wealthy uncle imparting knowledge on wealth and drugs.

Current Price: $0.05461

Historical High: $0.05579

24-Hour Increase: 170%

Current Market Value: $1.9M

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

 

6. DCC: DCC is a memecoin on the Solana chain, featuring a drunken centipede.

Current Price: $0.00118

Historical High: $0.00241

24-Hour Increase: 358%

Current Market Value: $1.18M

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

Daily runes observation

Gas Fee Change:

Current BTC transaction fee: 6 satoshis/byte

Note: Despite market conditions, the fee has remained persistently low for three months.

Today's Popular Projects:

DEPIN•RUNE•DEAI

Status: Fully minted

Market Value: $8.25M

24-Hour Trading Volume: $50,772

Increase: 14%

Holding Addresses: 1595

ITS•A•FULL•MOON

Status: Fully minted

Market Value: $1.42M

24-Hour Trading Volume: $30,342

Increase: 3%

Holding Addresses: 1199

DECENTRALIZED

Status: Fully minted

Market Value: $6.2M

24-Hour Trading Volume: $9,875

Increase: 1%

Holding Addresses: 41,225

Top Rune Projects Tracking:

DOG•GO•TO•THE•MOON: Rune #3, also an airdropped rune from Runestone

Current Price: 4.48 Sats

24-Hour Change: -2%

Current Market Value: 4479 BTC

BANK•OF•NAKAMOTO•DOLLAR: A synthetic dollar protocol built on Bitcoin L1

Current Price: 4.9 Sats

24-Hour Change: -12%

Current Market Value: 1039 BTC

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

Current Price: 4.89 Sats

24-Hour Change: -5.64%

Current Market Value: 1025 BTC

Performances of today's top three tracks

SoclaFi Sector Daily Increase: 3.66%

1. 00: 00 is a community-driven platform for creator cryptocurrency, where all creator tokens are bought and sold on the ZeroZero market using $00 as the medium of exchange.

Daily Increase: 16.31%

Current Price: $0.0435

Current Market Value: $10.17M

24-Hour Trading Volume: $1.46M

2. TON: TON is a Layer 1 blockchain initially developed by the Telegram team, introduced in 2018. It aims to provide fast, secure decentralized payments, digital identity, and other services for over 500 million Telegram users.

Daily Increase: 5.07%

Current Price: $4.87

Current Market Value: $12.35B

24-Hour Trading Volume: $522.27M

3. BERRY: BERRY is a decentralized platform providing solutions to the pressing issues in the global entertainment and donation industries, easing the unequal income-sharing structure. The SBT team directs part of donations to social innovation through the SBP platform.

Daily Increase: 2.92%

Current Price: $0.0002

Current Market Value: $2.38M

24-Hour Trading Volume: $1.75M

NFT Sector Daily Increase: 1.04%

1. APE: Otherside is a gamified, interoperable virtual world where players own the world, and any NFT can become a playable character.

Daily Increase: 6.24%

Current Price: $0.648

Current Market Value: $437.17M

24-Hour Trading Volume: $110.2M

2. RARE: RARE is a marketplace for collecting and trading unique digital artworks.

Daily Increase: 6.06%

Current Price: $0.1487

Current Market Value: $106.05M

24-Hour Trading Volume: $21.21M

3. RARI: RARI is a community-owned NFT marketplace where users can create, sell, or collect digital projects.

Daily Increase: 3.20%

Current Price: $1.647

Current Market Value: $19.07M

24-Hour Trading Volume: $1.2M

Meme Sector Daily Drop: 0.09%

1. NEIRO: NEIRO is a memecoin on the Ethereum chain, featuring Kabosu's (the dog behind the Doge meme) new dog, inheriting the spirit of meme coins and internet culture.

Daily Increase: 41.3%

Current Price: $0.0048

Current Market Value: $44.33M

24-Hour Trading Volume: $4.85M

2. WSM: WSM is a memecoin on the BSC chain, fully named Wall Street Memes, representing the meme coins from the 'Wall Street Bet' discussion group on Reddit. Its trading primarily occurs on centralized exchanges.

Daily Increase: 18.23%

Current Price: $0.00254

Current Market Value: $4.77M

24-Hour Trading Volume: $1.89M

3. DOGS: DOGS is a memecoin on Telegram, recently listed on major centralized exchanges.

Daily Increase: 6.53%

Current Price: $0.00109

Current Market Value: $561.66M

24-Hour Trading Volume: $555.45M

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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