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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.
- 02:49Market News: CANARY SUI ETF registered in DelawareGolden Finance reports, according to market news, CANARY SUI ETF is registered in Delaware.
- 02:44Sun Yuchen bought 250,000 OM for the first time and after 9 months, he bought AAVE againOdaily Planet Daily reports that according to Spot On Chain monitoring, Sun Yuchen's wallet received 250,000 OM (worth $1.72 million) and 2,500 AAVE (worth $535,000) from the exchange multi-signature wallet four hours ago. This marks the first time Sun Yuchen has held OM tokens and also his first major operation related to AAVE in nine months.
- 02:41After Trump established a Bitcoin strategic reserve, MicroStrategy's stock price MSTR fell by more than 7%Odaily Planet Daily reports that after President Trump signed an executive order to establish a strategic Bitcoin reserve, MicroStrategy's stock MSTR fell by more than 7%. As the largest holder of Bitcoin in the United States, the company's stock price is sensitive to changes in Bitcoin-related policies.