Key Market Insights for May 12th, how much did you miss out on?

Featured News

1.AI Sector Token Sees Continued Surge, Total Market Cap Exceeds $33.1 Billion

2.DeGods Founder Frank Announces Resignation as Project CEO

3.Citi: Stablecoins to Expand Beyond Crypto Trading, Integrate into Mainstream Economy

4.Insider: Trump's Company Truth Social Token to Launch Within 72 Hours

5.Chinese Ministry of Commerce Issues Joint Statement on China-US-Japan Geneva Economic and Trade Talks

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

MOODENG

MOODENG, which saw a staggering 400% increase this week and got listed on Binance Alpha, has sparked widespread discussion. This token has shown outstanding performance on CoinGecko, becoming one of the top gainers, with significant trading volume that can even rival mainstream cryptocurrencies on Coinbase. The community has been debating its potential, with some users expressing doubts about Binance's listing mechanism, while others see MOODENG's rise as a major success in the meme coin space.

VIRTUAL

Today, the discussion about VIRTUAL has focused on its strong influence in the crypto community, particularly the substantial rewards brought by Genesis Launches. The platform's innovative approach in AI agents and its incentives for holders, traders, and content creators are key factors drawing attention. The community is actively engaging in strategies to maximize "Virgen Points" rewards, with many optimistic about its high return potential and future growth. However, some users have raised concerns about potential system abuse and have called for improvements.

LDO

The oracle system of Lido Finance recently experienced a security incident, where the private key managed by Chorus One was compromised, leading to an emergency DAO vote to replace the affected oracle node. Despite the vulnerability, the protocol itself remains secure, and stakers' funds were unaffected thanks to the robust design of its 5-of-9 multisig mechanism. This event sparked discussions around Lido's risk management and transparency, with many users appreciating its swift response and disclosure of information, while also highlighting the importance of decentralization and risk management in DeFi protocols.

NEWTON

Today, the discussion about NEWTON mainly focused on the Magic Newton platform. The platform has garnered attention for its innovative AI agent functionality and partnerships, including support for PayPal. Users are excited about potential airdrops and rewards, actively participating in tasks to earn points and engage with the Kaito leaderboard. The platform has shown impressive performance in automated crypto trading and integration with Trusted Execution Environments (TEEs). Additionally, 0.75% of the $NEWT token supply is allocated to active Kaito users, significantly driving community engagement.

WORLDCOIN

Today, the discussion about WORLDCOIN focused on its controversial biometric identity system. Users have raised concerns about privacy, surveillance, and the potential for abuse by authoritarian regimes. While its ability to create multiple anonymous identities has been praised, the risk of abuse of a core identity remains concerning. Despite facing criticism, WORLDCOIN's tech stack is still seen as promising. Its user base has surpassed 8 million, but operations in Kenya and Indonesia pose challenges. The Orb Mini device has been widely questioned for privacy issues, affecting its reputation and adoption.

Featured Articles

1. "Oracle Private Key Leak Results in Only 1.4ETH Loss, Is Lido's Security Mechanism 'Textbook-Level'?"

In the early hours of May 10, oracle service provider Chorus One disclosed that a hot wallet of the Lido oracle was hacked, resulting in the theft of 1.46 ETH. However, according to a security audit, this isolated incident had limited impact, as the wallet in question was designed for lightweight operational purposes. While an oracle being attacked sounds bad, the architectural design of Lido, the value proposition of stakeholders, and a security-focused contributor culture mean that such incidents have minimal impact—even if the oracle were fully breached, it would not lead to catastrophic outcomes. So, what sets Lido apart?

2. "Surging 70x in 3 Days, Is RATO, the New Member of the PePe Family, Firing the First Shot in the Ethereum Meme War?"

On May 11, 2025, a new Meme coin called RATO emerged on the Ethereum network. According to GMGN market data, its market cap once surged to over $30 million, then fell back to $26.01 million, with a 24-hour gain of 62.44%. This lightning-fast rise is precisely the charm of Meme coins—they ride the wave of community enthusiasm and internet culture, sweeping through the crypto market. What is RATO? Why can it ignite investors' passion in an instant?

On-chain Data

On-chain Fund Flow on May 12