News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
VIPBitget VIP Weekly Research InsightsThe concept of AI agents has recently gained significant traction in the crypto space, particularly with AI agent memecoins. Moving beyond theoretical ideas, AI agents are now being applied across various fields, including the autonomous execution of transactions on the blockchain, complex analytics, and even automating everyday tasks. Overall, the AI agent trend in crypto demonstrates considerable growth potential and technological innovation. However, investors and tech enthusiasts are advised to balance enthusiasm with rational assessment, focusing on genuine progress and practical applications of these projects. This article recommends two projects, VIRTUAL and OLAS, both showcasing substantial advancements and real-world use cases with strong market support.
VIPBitget VIP Weekly Research InsightsMemecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.
VIPBitget VIP Weekly Research InsightsRecently, as market liquidity recovers, the crypto market—led by key assets like BTC and ETH—has started to rebound. Leading DeFi assets have continued to update their products amid six months of market volatility, maintaining their market dominance and leading positions. With the upcoming U.S. presidential election, both candidates are likely to propose favorable policies regarding DeFi and Web3 applications, potentially bolstering the sector. As a result, leading DeFi assets are expected to benefit from an early boost in liquidity recovery and may outperform the broader market in the coming months.
VIPBitget VIP Weekly Research InsightsIn the wake of the market narrative surrounding the "Solana Killer," SUI, which recently launched the Grayscale Sui Trust and Binance futures, has doubled in value within a month. The leading projects in the Sui ecosystem have also benefited from the generous subsidies and strong support provided by the Sui Foundation. This surge has brought numerous opportunities within the Sui ecosystem.
VIPBitget VIP Weekly Research InsightsAs the Federal Reserve initiates its interest rate cut cycle, the cryptocurrency market is witnessing a widespread recovery. In addition to mainstream assets such as BTC and ETH, the AI sector has also bounced back swiftly. The intersection of AI and crypto has become a captivating narrative in this market cycle, drawing the attention of numerous tech teams and venture capital firms. Leading projects in this domain have demonstrated substantial growth. Recommended projects to monitor closely include Bittensor (TAO), Near Protocol (NEAR), and Arkham (ARKM).
VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
VIPBitget VIP Weekly Research InsightsThis week, the US will release initial claims for unemployment insurance and the unemployment rate, which are key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
VIPBitget VIP Weekly Research InsightsOn 12 August, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its aim is to provide creators with a convenient and cost-effective token issuance solution. As of 21 August, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have demonstrated astonishing performance. For instance, SUNDOG increased by 10,156 times within 5 days and 8 hours of its creation, and FOFAR increased by 6176 times in 4 days and 6 hours. These skyrocketing memecoins have attracted significant attention from investors.
VIPBitget VIP Weekly Research InsightsSince Q2 2024, despite the overall decline in the cryptocurrency market, one ecosystem has bucked the trend and delivered exceptional returns—the TON ecosystem. The price of TON has surged by over 3.5x since the beginning of the year and is currently fluctuating around $7, near its all-time high. Backed by Telegram's nearly 1 billion users, the TON ecosystem has developed a range of unique applications that have recently become a focal point within the community.
VIPBitget VIP Weekly Research InsightsThe uncertainty surrounding macroeconomic conditions and market reactions makes it challenging to predict short-term and mid-term market trends, with both black-swan and white-swan events possible at any time. Therefore, a rational approach would be to maintain a balanced position and reserve funds for potential dip-buying opportunities. In our last issue, we recommended several passive income products on Bitget. Now, we will introduce additional products based on USDT/USDC, BTC, and SOL, available both on Bitget and their respective blockchains. (While ETH-related LST and restaking projects have shown the highest potential returns lately, they are not included in our recommendations this time due to the high uncertainty of LST projects and their lack of flexibility in unstaking.)
- 11/04 07:11Porto League wins nine consecutive games, fan token $PORTO popularity surgesFC Porto Fan Token (PORTO) is a fan token on the BEP-20 network. As a practical Binance fan token, PORTO aims to reward fans of the well-known football team FC Porto who participate in the Portugal Super League. On 4th November, Porto achieved nine consecutive victories in the domestic league, demonstrating strong combat effectiveness and athletic state. With the approach of the Europa League, the team's morale is high and they are fully entering the #UEL #mode. This victory not only boosted the team's morale, but also drew attention to the Porto fan token $PORTO in the cryptocurrency market. With the team's performance in European competitions, the popularity and value of the $PORTO token may further increase, attracting the attention of fans and investors.
- 11/04 07:09Pyth Network releases weekly report reflecting multiple highlights of ecosystem expansion and innovationPyth network is a next-generation price oracle solution designed to provide valuable on-chain financial market data, including cryptocurrency, stocks, forex, and commodities, to projects, protocols, and the public through blockchain technology. The network aggregates first-party price data from over 70 trusted data providers and publishes it for use by smart contracts and other on-chain or off-chain applications. On 4th November, Pyth Network released its weekly project report. The report shows that Pyth maintains its leading position in total transaction value (TTV) and continues to expand its market influence. The weekly report mentioned that Mike Cahill analysed the market trend of $BTC in the "Figaro" newspaper, while Niklas Kunkel emphasised the changes in the oracle market. In addition, Pyth Network promotes OpenBB's innovation in data acquisition experience and adds three new chains, further enriching its ecosystem.
- 10/31 07:14Pendle launches new cmETH, offering higher returns and rewardsPendle Finance is a revenue trading protocol that enables users to tokenize and trade future earnings by leveraging leading revenue generation protocols such as Aave, Compound, and Wonderland. Similar to divestiture bonds in traditional finance, Pendle divides revenue assets into tokenized ownership (Zero Coupon Bond) and revenue components (coupons), offering innovative revenue trading opportunities. On 31st October, Pendle announced the launch of a new cmETH product, introducing additional revenue and reward mechanisms to further enhance users' revenue experience. New features include daily 40x points, ETH staking revenue, EigenLayer + Symbiotic + Karak rewards, AVS rewards, Veda points, etc. Pendle provides users with more revenue opportunities through a rich combination of rewards.