The Daily Modern Market Snapshot: Mon 2 June

Majors: BTC 108k; ETH 2.7k; SOL 172 Headlines

- BTC $105K: big liquidations on Friday & reports of unrest in Trump & Xi negotiations

- DEXs hit 25% of global spot crypto trading volume in May: more than $410B in spot volume over the month

- Moonbirds acquired by Orange Cap games: NFTs up 77% on the week to 0.85 ETH

Notable PA

- KTA up 36% to $981M FDV

- Hyperliquid trader James Wynn's moonpig coin down 16% to $33M

- COOKIE up 17% to $255M FDV on continued InfoFi wave

- LAUNCHCOIN bounces 12% to $125M FDV

Notable Sales

- Otherside Kodas up 27% to 1.85 ETH after renewed focus from Yuga after Moonbirds sale

- CryptoPunk, Eye Mask - 46.55 ETH

- Milady, Migoko Hat - 10 ETH

- Pudgy Rod, Ice- 10 ETH

- Matt Kane, Gazers - 9.99 ETH

Web 3 Round Up

- CZ suggests it is the right time for someone to launch a dark pool perp DEX, in response to Jeff from Hyperliquid's post on why transparency for DEXs is better

- Palmer Luckey CEO of defense tech firm Anduril set to lead financing round for new stablecoin Atticus with a reported valuation of $1-2B

- Metaplanet buys another 1088 BTC for $117M

- South Korea's presidential candidates vow to legalise spot crypto ETFs

More News

- DeeKay's Day & Night Auctions closed for a total of 34 ETH, but the funds are locked in contract by mistake

- Hivemind Capital purchase their first Beeple 1/1: TIME: The Future of Business

Social Crypto

- Infinex reveal Season 1, Week 2 Leaderboard now live: covers both weeks 1 and 2

- Aptos announces top 150 Aptos yappers will be competing for $100k rewards monthly

- Elon Musk announces new X chat is rolling out with encyrption, vanishing messages and ability to send any kind of file

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