Morning Post: The market is gradually recovering, pay attention to the release of KanyeWest tokens
📌 Market Overview
1️⃣ $BTC | The market has basically digested the Bybit theft incident, the capital sentiment has gradually warmed up, and the price has started to rebound. 2️⃣ $ETH | The market generally believes that @Bybit_Official will buy back the stolen ETH, but is full of doubts about whether @VitalikButerin will support the rollback; 🔹 Bybit CEO responded: Whether Ethereum will roll back should be decided by community voting. 3️⃣ $SOL | The market rebounded in tandem, the#memecoinsector warmed up, and we look forward to returning to the main field after the sentiment is repaired. 4️⃣ $BNB | @cz_binance has been active recently, @BNBCHAIN has ushered in a new traffic password, and whether the exchange with @kanyewest is successful remains to be seen; 🔹 $CHEEMS and $TST have ushered in capital influx, and short-term volatility has intensified.
🔥 Hot Events: KanyeWest Token Coming?
5️⃣ @kanyewest announced the launch of the official token next week. Currently, all Kanye-related tokens are fake; 🔹 Follow @cz_binance and tweet that it is the only account to follow, which seems to imply that it will be issued on @BNBCHAIN? 6️⃣ @Mantle_Official multi-signature wallet spent $10 million to purchase 200 million $WLFI. 7️⃣ @elonmusk proposed "FAFO" as the executive body of DOGE, once again providing new materials for the meme market. 8️⃣ ARKHAM MARKETS will be launched for spot trading in the United States on March 1.
🚨 The latest developments of the Bybit incident
9️⃣ A suspected Bybit address purchased 36,900 ETH and deposited it in Bybit. Market rumors say that Bybit has started to repurchase $ETH to prevent the "hole" from expanding; 🔟 Bybit launched a "bounty recovery program" to provide rewards of up to 10% of the stolen amount to encourage the community to track down hackers. 1️⃣1️⃣ Market analysis: The impact of the hacking incident is controllable, and funds are expected to return to the mean; 1️⃣2️⃣ 5 institutions/individuals have provided Bybit with 120,000 ETH loans, worth US$321 million, further enhancing Bybit's liquidity.
💡 Other dynamics
1️⃣4️⃣ @cz_binance wallet address purchased $TST through PancakeSwap, with a short-term increase of more than 35%; 🔹 Because the public address was monitored by group members, @cz_binance "failed to clamp" during DEX transactions, and the community immediately followed the order; 🔹 @cz_binance said in the morning that it would use other addresses for transactions, but it finally used the public address, which caused heated discussions in the market.
