Key market intelligence on April 24, how much did you miss?

CN
7 hours ago

Selected News

  1. Yesterday, global digital asset ETF inflows reached $1 billion, marking the highest inflow since Trump's inauguration this week

  2. The correlation between Bitcoin and U.S. stocks weakens, gold may become a leading indicator for BTC

  3. Binance will delist ALPACA, PDA, VIB, and WING on May 2, 2025

  4. A whale holding FARTCOIN for 5 months has started to take profits, selling 955,000 FARTCOIN 7 hours ago

  5. SUI briefly surpassed $3.1, with a 24-hour increase of 5.86%

Trending Topics

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

Trump Coin: The cryptocurrency $TRUMP saw a surge in both discussion and value after it was announced that the top 220 holders would be invited to a private dinner at the Trump National Club in Washington, D.C. on May 22. This news significantly boosted the token's market cap, reportedly triggering large buy orders and a short squeeze. The event has ignited market enthusiasm but also raised skepticism, with some observers considering it a strategic move to inflate the token's value.

KAITO: Today's discussions on Twitter about KAITO highlight its significant position in the InfoFi sector, with users praising its innovative tools and community operation strategies. Collaborations with ZED Champions and the Sidekick × Kaito initiative further strengthen KAITO's influence in the Web3 ecosystem. Users also explored the strategic value of staking KAITO and its growth potential, with most expressing confidence in the team's execution and vision.

SUI: SUI gained significant attention today due to several positive developments, with the cryptocurrency's price soaring 30% to $2.90, moving up to 12th place globally, surpassing AVAX. Key drivers include rumors of a partnership with Pokémon through Parasol Technologies, a subsidiary of Mysten Labs, and the anticipated benefits from the upcoming Sui Basecamp event. Additionally, the SUI ecosystem is expanding significantly: strong DeFi growth, increased DEX trading volume, and a partnership with Ledger for secure storage. The submission of the first SUI ETF application by the Canary Fund is seen as an important milestone in the institutionalization process.

77-BIT: Today's core discussions about 77-BIT focus on the upcoming Quantum Core minting event starting on April 29, with players who have achieved "iconic" status celebrating their minting eligibility. The game developed by @the77bit has received widespread acclaim for its immersive gameplay, deep backstory, and clever release mechanism. Players are sharing achievements from the testing phase and are excited about the potential benefits of the official launch and Quantum Core minting.

Featured Articles

  1. Trump Hosts Dinner for $TRUMP Buyers, Whales Make $730,000 in 30 Minutes

Trump has recently drawn attention again through cryptocurrency marketing. After the $TRUMP token announced a private dinner for the top 220 investors by holding amount, the price experienced a 75% short-term fluctuation. According to public data, the current threshold to enter the top 25 holders is approximately $54,000. Previously, the Trump NFT project employed a similar marketing strategy, completing sales in a short time through "buying NFTs for a chance to meet."

  1. The Ceiling of "Fiat on Chain": The Network Effect of Stablecoins

Stablecoins break the traditional payment trilemma with "better, faster, cheaper," providing global users with an open payment network that is available 24/7, low-cost, and permissionless. They are evolving from intermediary tools to mainstream value carriers. Although they still face bottlenecks such as fiat conversion, stablecoins are expected to reshape the global financial landscape as network effects expand.

On-chain Data

On-chain capital flow situation as of April 24

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