Rhythm Morning News｜Bitcoin rebounded above US$67,000; ether.fi airdrop application volume has been updated
Selected news:
1. PRIME briefly surged to $27, a record high;
2. A certain address in the past 3 days Traded meme coins 11 times, with a winning rate of 0;
3. The Solana ecological MEME is hot, and some RUG projects have revived;
4. The market value of SOL surpassed BNB and became the fourth largest cryptocurrency by market value Currency;
5. Crypto com CEO: The current price correction is relatively healthy, or it is in the market cycle stage in December 2020
Price Observe
Receive Affected by the pledge plan, MASK rose by more than 8% in the short term
On March 18, according to OKX market information, MASK rose by more than 8% in the short term and is now quoted at US$4.939.
Previously, Mask Network launched a token pledge plan, and participants will receive project tokens within the ecosystem as incentives.
Musk WIF increased by nearly 20% after posting the picture of the dog in the hat
On March 18, Musk posted the picture of the dog in the hat on social platforms early this morning to celebrate St. Patrick's Day. Affected by this, the related meme coin WIF rose by nearly 20% and is now quoted at $2.9845. Note: St. Patrick's Day is held on March 17 every year to commemorate St. Patrick, the patron saint of Ireland. Today, St. Patrick's Day has gradually become a holiday in some countries. The celebration began on March 17, 1737 in the United States. The traditional color of St. Patrick's Day is green.
PRIME briefly surged to $27, a record high
On March 18, according to market information, TCG chain game Parallel token PRIME shot up to US$27 for a short time and then fell back. It is now quoted at US$25.88, with a 24-hour increase of 23.36%, and the currency price hit a record high.
Previously, Parallel announced that it will build a new AI-powered game Parallel Colony on Solana.
SOL Breakthrough 200 US dollars, a new high since December 2021
On March 18, according to OKX market information, SOL exceeded 200 US dollars and is now quoted at 203.58 US dollars, with a 24-hour increase of 12.47%. A new high since December 2021.
Bitcoin Rising back above $68,000
On March 18, according to OKX market data, Bitcoin rose back above $68,000, with the 24-hour decline narrowing to 0.46%.
AI section General rise, RNDR hit a record high
On March 17, according to market data, perhaps affected by the upcoming opening of the NVIDIA GTC conference, AI sector tokens saw general rise, including:
Worldcoin (WLD) is currently quoted at US$9.83, with a 24-hour increase of 11.53%;
Arkham (ARKM) is currently quoted at US$3.10, with a 24-hour increase of 10.40% ;
Render (RNDR) hit a record high, now quoted at $13.20, with a 24-hour increase of 19.89%;
SingularityNET (AGIX) is now quoted at $1.17, with a 24-hour increase of 10.15%;
Fetch.ai (FET) is currently quoted at $2.85, up 13.44% in 24 hours.
Stephen Chow NFT Nobody has broken the stock price, falling more than 27% on the 7th
On March 17, according to Blur market data, the Nobody NFT issued by the NFT project Nobody and Stephen Chow has already broken the stock price in less than two months after it was launched. The issuance price is currently at 0.1677 ETH, a drop of 27.09% on the 7th.
According to community user @0xfaskety’s query, the team previously sold NFT and raised a total of 1,855 ETH (0x5Ac3B2143Bb18eb5c8b4c892aE43464F669C4fdb). There are currently 1,493.29 ETH left at the address.
Previously, most celebrity-related NFTs were short-term speculations and were in Rug Pull status in the long term. BlockBeats reminds users to pay attention to asset protection and avoid excessive FOMO.
Ethereum briefly rebounded above $3,600
March 17 , according to OKX market data, Ethereum rebounded to above $3,600 in a short time, and the 24-hour decline narrowed to 2.47%.
RuneStone Flooring The price rose to 0.033 BTC, and the total transaction volume reached 370.83 BTC
On March 17, according to market data, the floor price of RuneStone rose to 0.033 BTC (approximately US$2,164), and its total transaction volume It has reached 370.83 BTC.
On March 17, according to OKX market data, altcoins followed the broader market and experienced a general decline. SEI and other high market value cryptocurrencies fell in 24 hours. Exceeding 23%, of which:
SEI is currently quoted at US$0.845, with a 24-hour decrease of 23.3%
FTM is currently quoted at US$0.77, with a 24-hour decrease 20.8%
BONK is currently quoted at US$0.000024, with a 24-hour drop of 20%
JTO is currently quoted at US$3.04, with a 24-hour drop of 19.02%
GALA is currently quoted at US$0.057 , a 24-hour drop of 18.9%
Meme token NAP on the Solana chain exceeded US$0.0001, rising more than 760% at the opening
On March 17, according to market data, the NFT launched by KOL Kero (@KeroNFTs) Meme project SNAP (NAP) broke through $0.0001 and is now quoted at $0.0001003, up more than 760% at the opening.
It is reported that the pre-sale of the Meme project SNAP (NAP) on the Solana chain received a total of approximately 54,696 SOL, which is approximately US$10 million.
BlockBeats Note: Meme tokens are highly volatile, investors are advised to be aware of the risks.
Transaction Tracking
A certain address has traded meme coins 11 times in the past 3 days, with a winning rate of 0
On March 18, according to Lookonchain According to monitoring, a certain address has traded Solana ecological meme coins 11 times in the past 3 days. Each transaction ended in a loss, with a total loss of 754 SOL, worth approximately US$147,000.
A certain whale sold 1,000 MKR in the past 4 hours, equivalent to approximately US$2.88 million
On March 17, according to monitoring by @ai_9684xtpa, in the past four hours, a certain whale took out 1,000 MKR from Aave and sold them in batches (worth US$2.88 million). The selling price was US$2,880, and the current price of MKR was US$3,038.
The whale transferred 4,077 MKR from Bitget at an average price of $1,446 on October 28, 2023, and sold them in the past week. 2,720 pieces, with a profit of US$3.59 million.
On March 17, according to @ai_9684xtpa monitoring, in the past In 4 hours, the address with the largest personal holdings of BOME (@SundayFundayLFG) sold 190 million BOME for the first time to 19,640 SOL, making a profit of US$3.76 million (average cost: US$0.00004691).
The sale of this address caused the BOME currency price to drop by 12% in a short time (from US$0.019888 to US$0.017703). Currently, this address still holds 1.242 billion tokens. , worth $27.58 million.
Project News
On March 18, the non-custodial liquidity staking protocol ether.fi announced that the airdrop claim amount has been updated, and users can log in to the official website to check. According to previous news, the founder of ether.fi responded to the controversy of "Justin Sun's address received a large number of airdrops", saying that it complied with the rules and would airdrop more tokens to small depositors.
On March 18, according to the official announcement, Mask Network launched a token pledge plan, by pledging MASK tokens , stakers will have the opportunity to receive tokens from core partner projects in the Mask Network ecosystem as incentives.
The team stated that by providing additional token rewards, it hopes to create rich opportunities for users to explore blockchain services and applications. The Mask Network team is committed to building a supportive and collaborative ecosystem that paves the way for the future of decentralized social networks.
Musk The AI company xAI officially disclosed the Grok-1 source code
On March 18, Musk’s artificial intelligence company xAI announced the opening of the weights and architecture of its 314 billion parameter hybrid expert model Grok-1 . Grok-1 is a large language model trained from scratch by xAI, using a hybrid expert model architecture where 25% of the weights are active on a given token. The model's basic model weights and network architecture are now available under the Apache 2.0 license.
It is reported that the pre-training phase of Grok-1 has ended in October 2023. What is currently released is the original basic model checkpoint, which is not targeted at any specific application. Fine tune.
The OpenDao Open the refund channel for previously raised SOL
On March 18, the MEME project under The OpenDao issued a document saying that users who had previously participated in raising SOL could receive a refund by transferring 0.0001 SOL to the original raising address.
On March 17, Ordinals developer Leonidas posted on the social platform that Runestone’s MEME coin code and supply will be determined by the community. , and it doesn't necessarily need to be related to the Runestone theme. The design concept is completely open.
Zeepr will Trading mining will start at 16:00 on March 21st
On March 17, Zeepr announced that it will start trading mining at 4:00 pm on March 21st, Hong Kong time. At that time, you can participate in Zeepr Solana Presale users can use their subscribed ZEEP tokens to participate in transaction mining on the chains currently supported by Zeepr and share the 20 billion ZEEP token rewards.
Zeepr is a trading ecosystem that provides support for all types of public chains and Layer 2. As a plug-and-play infrastructure service provider, Zeepr has built-in oracles , cross-chain bridge, spot and contract DEX, launchpool. Public chains and projects can obtain all services by establishing a liquidity pool. Zeepr currently supports Arbitrum, BNB Chain, Polygon, EOS EVM, Core Chain, Manta Network, zkFair, and Merlin Chain, and more public chains will be launched one after another.
Solana Ecology MEME is hot, and some RUG projects are resurrected
On March 17, under the myth of BOME’s three-day “wealth creation”, the Solana ecological MEME sector is currently booming. Most projects are seeking to imitate BOME. They have released Solana addresses on social platforms, seeking user transfers and issuing new products. MEME assets.
But at the same time, many previous RUG PULL projects have been revived. Take the Stepn imitation disk 5km as an example. This project was launched in the last cycle after Stepn became popular. It was RUG PULL after less than a year of operation, and the project was immediately shut down. After its official social media has not been updated for a year, Solana's address was released today (it has been deleted).
Although the market is hot, transfer projects are not bound by rules such as smart contracts, and various risks have soared, so please be careful.
Phantom wallet transfer is suspected to be down
On March 17, some agencies A group of users reported that the Phantom wallet transfer could not be submitted and was suspected to be down. According to actual testing by BlockBeats, there is currently a long waiting page after submitting a SOL transfer transaction in the Phantom wallet, and the funds cannot be received in time.
CeFi Information
Bitget will be launched today on the 22nd :00 Listing SNAP (SNAP)
On March 17, Bitget will list SNAP (SNAP) in the Innovation Zone and Meme Zone. The deposit channel is now open, and the trading channel will be opened at 22:00 today.
Binance Financial Management , flash swap, and leverage are online BOOK OF MEME (BOME)
On March 17, according to official announcement, Binance financial management, flash exchange trading platform and leverage platform have launched the new asset BOOK OF MEME (BOME). In addition, Binance will list BOME on the fixed investment platform at 11:00 on March 19, 2024 (Eastern Eighth District time).
Opinion data
On March 18, according to Dune data According to information, the trading volume of BonkBot, a trading robot on the Solana chain, has hit a record high for four consecutive days. Yesterday’s single-day trading volume reached US$133 million, with transaction fees exceeding US$700,000.
In addition, Pepe Boost, another trading robot that focuses on the Solana chain, also set a single-day transaction volume record on March 14, reaching $12.85 million.
SOL’s market value surpassed BNB and became the fourth largest cryptocurrency by market value
3 On March 18, according to CoinGecko data, as SOL rose above $200, its market value reached $88.1 billion, surpassing BNB and becoming the fourth largest cryptocurrency by market value. Ranking in front of SOL are Bitcoin, Ethereum and USDT.
Andrew Kang: Meme coins are not a zero-sum game, but a new asset class
On March 18, Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, wrote that many people compare meme coins to lottery tickets, but “meme coins are assets, and the market size may be larger than The gambling industry is 100 times bigger." Others view memecoins as a zero-sum game, which is incorrect. "The market will continue to make higher highs and higher lows in each cycle over the next decade. , the total market value of memecoins will increase. This is the emergence of a new asset class."
On March 18, according to Token Unlocks data, ID and IMX will usher in a one-time large-scale unlock, among which:
Manta Network (MANTA) will 6.67 million tokens will be unlocked at 15:30 on March 18, worth approximately US$20.33 million, accounting for 2.66% of the circulating supply;
Nym (NYM) will unlock 314 at 8:00 on March 19 10,000 tokens, worth approximately US$816,000, accounting for 0.44% of the circulating supply;
Pixels (PIXEL) will unlock 54.38 million tokens at 18:00 on March 19, worth approximately 39.25 million USD, accounting for 7.05% of the circulating supply;
dYdX (DYDX) will unlock 575,340 tokens at 23:00 on March 19, worth approximately US$2 million, accounting for 0.19% of the circulating supply ;
Immutable (IMX) will unlock 34.19 million tokens at 8:00 on March 22, worth approximately US$96.76 million, accounting for 2.46% of the circulating supply;
SPACE ID (ID) will unlock 78.49 million tokens at 8:00 on March 22, worth approximately $127 million, accounting for 18.23% of the circulating supply.
On March 17, Crypto.com CEO Kris Marzsalek said in an interview with CNBC’s Squawk Box that the inflow of funds into spot Bitcoin ETFs drove the rise of cryptocurrencies. He also believes that we may be in the December 2020 or January 2021 phase of the previous cycle and that the current price adjustment is "healthy."
“We have a lot of proprietary data so we can look back at the 2021 cycle from a retail perspective and compare it to what’s happening now. Data and intent from a retail perspective "Looking at it, we may see this indicator between December 2020 and January 2021." Marszalek said that as the price of Bitcoin continues to rise in The benchmark cryptocurrency has experienced significant volatility before before falling below $67,000 after breaking above $73,000 last week. "I think that's mostly driven by what's going on in the options market and the correction, but you have to remember that this volatility is actually quite low compared to what we've seen in previous cycles."
Ethereum Layer2 TVL fell to 33.84 billion U.S. dollars, a 7-day decrease of 12.79%
On March 17, according to L2BEAT data, the current Ethereum Layer 2 total lock-up volume (TVL) fell to 33.84 billion U.S. dollars, a 7-day decrease is 12.79%. Among them, the top five locked positions are:
Arbitrum One (USD 14.26 billion, down 10.67% on the 7th);
OP Mainnet (US$7.84 billion, down 18.71% on the 7th);
Blast (US$2.54 billion, down 11.93% on the 7th);
Manta Pacific (US$2 billion, down 12.24% on the 7th) %);
Starknet (US$1.38 billion, down 16.89% on the 7th).
Data: Bitcoin spot ETF cumulative net inflow exceeds 12.1 billion US dollars
On March 17, according to data from Farside Investors, the Bitcoin spot ETF had a cumulative net inflow of US$12.1603 billion since its launch. Among them:
· IBIT’s cumulative net inflow is US$12.513 billion;
· FBTC’s cumulative net inflow is US$6.8726 billion;
· GBTC’s cumulative net outflow $11,799.1 million.
Solana chain The transaction volume of DEX on March 16 exceeded US$3.8 billion, a record high
On March 17, according to DeFiLlama data, the transaction volume of DEX on Solana chain exceeded US$3.8 billion on March 16 , reaching US$3.808 billion, a record high.
Financing Express
Tuna Chain has completed TUNA token fundraising in Fjord, successfully raising US$8.92 million
On March 17, Bitcoin's second-layer Tuna Chain announced that the public sale of its governance token TUNA on Fjord has completed fundraising. This time LBP successfully raised US$8.92 million, with a total of 1,595 participants, and the pre-market trading volume reached US$13.39 million.
It is reported that the Tuna Chain governance token TUNA will be officially launched within 24 hours after the completion of LBP. The specific time will be officially announced on Twitter.
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
