Key Market Intelligence on June 9th, How Much Did You Miss?

Featured News

1. Last Week, Net Inflow of Digital Asset Investment Products Was $286 Million

2. USDT-Based Layer 1 Network Stable Officially Announced, With USDT as Gas and Free Peer-to-Peer Transfers

3. Binance: Alpha Points Reach 236 and Eligible Users Can Claim 800 SKATE Airdrop

4. Real-time Mindshare Ranking of AI Concept Coins: VIRTUAL, FARTCOIN, COOKIE Take the Top Three Spots

5. Binance: Eligible Alpha Users Can Claim Exclusive HOME Token Airdrop

Trending Topics

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

KAITO: Today's discussion about Kaito has sparked a heated debate on Twitter, focusing on its influence in the crypto community, especially its potential in monetizing social influence, with a particular emphasis on the mindshare in the InfoFi network. Users are optimistic about Kaito's ability to generate income through social interactions and mindshare. Several new projects empowered by Kaito have garnered market interest, with speculation about token buybacks and staking mechanisms gaining momentum. Additionally, Kaito's algorithm is praised for its effectiveness in filtering high-quality content, distinguishing AI-generated information, and rewarding authentic interactions. The community eagerly awaits further iterations from Kaito to further empower Web3 content creators.

VADER: Today, the discussion around VADER has centered on its newly launched Yapping activity plan. This plan allows users to stake 10,000 VADER tokens and participate in community interactions to earn Virgen points and airdrop rewards, sparking widespread attention. Many users are bullish on VADER's potential in the Virtuals ecosystem. The activity mechanism, including daily rewards and airdrop distribution, is considered a key factor in enhancing VADER's mindshare. Additionally, its strategic partnerships and high return expectations are significant motivators for user participation.

PEPE: Today's discussions about PEPE have highlighted its active market performance and cultural influence. Topics include Elon Musk's interaction with PEPE memes, the dominance of the Plush Pepe NFT series in the Telegram gifting market, and the potential price appreciation of PEPE despite recent volatility. Notable figures like Luca Netz and Snoop Dogg have joined the ranks of Plush Pepe NFT holders, further boosting its popularity. Furthermore, PEPE's position in the broader meme coin ecosystem has been widely discussed, with optimistic market sentiments about its future growth potential.

AVAX: In the past 24 hours, AVAX has seen significant growth, with increased trading volume, fee revenue, and validator numbers. The Avalanche ecosystem is experiencing a resurgence, with users mentioning the convenience of its cross-chain bridges and the revenue opportunities available in the current market environment. Several crypto industry thought leaders have also re-engaged with the Avalanche community, with the market generally believing that AVAX is poised for a strong breakout. Discussions have also focused on the possibility of AVAX leading a new DeFi Summer, as active addresses and DeFi TVL have seen significant growth. Strong performances of tokens like $ARENA have further boosted the community's bullish sentiment.

Featured Articles

1. "After KTA Soared 10x in January, These Three Concepts Are Particularly Hot in the Base Ecosystem"

After its listing on Circle, the U.S. stock market had an extremely enthusiastic response, with the stock price soaring from the $31 IPO price to a closing price of $83.23 on the first day and further rising on the next day, briefly surpassing a $30 billion market cap. Not only in the U.S. stock market, but also globally, investors' optimism about the stablecoin concept has spread, especially against the backdrop of potential regulatory improvements. Therefore, Base, Coinbase's public chain deeply integrated with Circle, naturally attracts institutional attention, and there have been more and more promising product developments recently. This article summarizes recent high-quality Base projects.

2. "X Partners with Polymarket, Bringing Musk Closer to the 'Metaverse App'""

The ongoing feud between Musk and Trump is still heating up. A few days ago, Polymarket founder Shayne Coplan announced that Polymarket has become the "official prediction market partner" of the social media giant X and its AI team xAI. The partnership will combine X's platform data with Grok's analytical capabilities to provide real-time, more context-rich, and data-supported insights to millions of Polymarket users worldwide.

On-chain Data

On-chain Fund Flow on June 9th