Featured News
1. Kanye West: The official token has been released
2. Glassnode: Bitcoin inflows show signs of fatigue, crypto's four-year cycle may still hold
3. Launchpad platform Heaven has become the top revenue protocol in the Solana ecosystem
4. Binance Wallet releases Alpha airdrop August earnings report, with single account earnings reaching up to $1616
5. Camp Network Foundation X account posts for the first time, possibly hinting at an upcoming TGE
Featured Articles
1. (Some information and doubts about Kanye Coin YZY)
Lookonchain posted on social media that although Kanye West officially announced the launch of YZY, currently only YZY has been added to the liquidity pool, with no USDC. Developers can sell YZY by adding/removing liquidity, similar to LIBRA. Several insider wallets prepared funds in advance and immediately bought YZY after the announcement. Insider wallet 6MNWV8 knew the contract address in advance and even attempted to purchase it yesterday.
2. (With BIO launching V2, can the new Launchpad reignite the DeSci craze?)
Once regarded as the pioneer of 'the fusion of science and research with crypto', the leading $BIO in the DeSci track has faced pressure since its launch in January this year—despite having top investors including Vitalik and CZ behind it, it still could not escape the dual impact of the market and liquidity, with its market value shrinking by as much as 95% from its opening high, becoming the focus of community dissatisfaction and doubt. This also plunged the once high-flying track that produced market cap legends like $RIF and $URO into a low point. However, with the recent official launch of BIO Protocol V2, introducing new mechanisms such as Launchpad and staking points, the total amount staked exceeded 100 million BIO within a week, and the market cap quickly doubled to over 200 million dollars, reigniting the market's attention and imagination towards the DeSci track.
On-chain data
On-chain capital flow situation for the week of August 21
