🚨Last night's Crypto highlights collection!
✅PUMP bottom rebound? The pumpfun trading volume incentive plan is about to launch. Although its market share has dropped to 25%, #PUMP is strong recently, with a market cap of 3.1 billion.
✅Showing muscle through business, the USDe issuance is about to reach 10 billion, with a monthly increase of 75.89%. #ENA's market cap stands at 9.1 billion. Note that today 2.7% of the circulating tokens will be unlocked.
✅BONK announces the destruction of 300 billion tokens, worth about 8.05 million USD. #BONK's market cap is 2.3 billion, and the not-so-strong BONK seems yet to recover from the significant drop.
✅Short selling becomes fuel, Binance Alpha token #MYX skyrocketed over 150% in 3 days, with a market cap of 400 million. Yesterday it showed -2%, with a settlement period of 1 hour at the highest rate, very scary.
✅Is the LRT staking track in danger? Lido announced a 15% layoff, #LDO's market cap is 950 million, as Lido continues to lose market share due to the rapid development of centralized institutions' self-built staking businesses.
✅TON treasury gameplay starts, VERB announces financing of 558 million USD to reserve TON, after which the stock price surged 114%, with a market cap of only 28.95 million. #TON is not rising but falling.
✅Has the "rate cut trade" begun? CME Federal Reserve observation data shows a 94.4% probability of a 25 basis point rate cut in September. Goldman Sachs expects the Federal Reserve to cut rates by 25 basis points three times in a row starting in September.
✅Dreams shattered~ A British IT guy has always believed that his hard drive containing 8,000 bitcoins (about 920 million USD) was lost in a large landfill. He has been searching for 12 years, and yesterday he gave up.
✅Keep buying! Strategy increased its holdings by purchasing 21,021 #BTC last week, spending 2.46 billion USD.
✅Is the "disappeared" Grayscale about to make moves? It announced the submission of a confidential IPO application and will welcome back founder Barry Silbert as chairman of the board.
