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VIPBitget VIP Weekly Research InsightsOn August 12, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its goal is to provide creators with a convenient and cost-effective token issuance solution. As of August 21, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have shown astonishing performance. For example, SUNDOG increased by 10,156 times within 5 days and 8 hours of its creation, and FOFAR increased by 6176 times in 4 days and 6 hours. These skyrocketing memecoins have attracted significant attention from investors.
VIPBitget VIP Weekly Research InsightsSince Q2 2024, despite the overall decline in the cryptocurrency market, one ecosystem has bucked the trend and delivered exceptional returns—the TON ecosystem. The price of TON has surged by over 3.5x since the beginning of the year and is currently fluctuating around $7, near its all-time high. Backed by Telegram's nearly 1 billion users, the TON ecosystem has developed a range of unique applications that have recently become a focal point within the community.
TLDR: Additional airdrops and rewards worth $500,000 are on the horizon New partnerships and expanded opportunities for the CARV community Both seasoned members and newcomers can continue to enjoy these benefits throughout Q3 and 4
VIPBitget VIP Weekly Research InsightsThe uncertainty surrounding macroeconomic conditions and market reactions makes it challenging to predict short-term and mid-term market trends, with both black-swan and white-swan events possible at any time. Therefore, a rational approach would be to maintain a balanced position and reserve funds for potential dip-buying opportunities. In our last issue, we recommended several passive income products on Bitget. Now, we will introduce additional products based on USDT/USDC, BTC, and SOL, available both on Bitget and their respective blockchains. (While ETH-related LST and restaking projects have shown the highest potential returns lately, they are not included in our recommendations this time due to the high uncertainty of LST projects and their lack of flexibility in unstaking.)
VIPBitget VIP Weekly Research InsightsAs global market risks intensified this week, crypto assets across sectors experienced significant corrections and poor performance. Passive income products from centralized exchanges can offer low-risk returns despite market volatility by utilizing diversified portfolios to mitigate downside risks. This week, we recommend Bitget Earn's passive income products for our key clients.
- 10:53JPMorgan Chase: The EU's MiCA regulations may benefit Euro-denominated stablecoinsJPMorgan Chase indicates that the EU's MiCA regulations may benefit stablecoins denominated in euros. According to the new rules, only compliant stablecoins can be used as trading pairs in regulated markets. However, JPMorgan Chase states that Tether still dominates the global stablecoin market. The MiCA rules could potentially strengthen compliant stablecoins like Circle's EURC while non-compliant ones such as Tether's EURT face challenges. Stablecoin issuers like Tether must maintain substantial reserves in European banks and obtain trading permissions. (Coindesk)
- 10:48The total market value of the AI agent sector tokens has exceeded 15 billion US dollarsAccording to data from Coingecko, the total market value of tokens in the AI agent sector has exceeded 15 billion US dollars, currently reported at 15.447 billion US dollars, a single-day increase of 0.7%, with a 24-hour trading volume reaching 2.741 billion US dollars.
- 10:11In the past 7 days, the net inflow to Ethereum's main network was $140.4 million, ranking firstArtemis data shows that in the past 7 days, Ethereum's main network had a net inflow of $140.4 million, ranking first. Base Network had a net inflow of $137.1 million, ranking second. Solana Network had a net inflow of $60 million, ranking third.