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On August 12, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its goal is to provide creators with a convenient and cost-effective token issuance solution. As of August 21, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have shown astonishing performance. For example, 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.
Since 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.
TLDR: Additional airdrops and rewards worth $500,000 are on the horizon New partnerships and expanded opportunities for the CARV community Both seasoned members and newcomers can continue to enjoy these benefits throughout Q3 and 4
The 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.)
- 07:23Bitcoin mining company CleanSpark has completed its acquisition of infrastructure company GRIIDBitcoin mining company CleanSpark completed the acquisition of U.S.-based infrastructure company GRII DInfrastructure following shareholder approval, a “strategic move that will allow the company to increase its bitcoin mining capacity in the state of Tennessee,” CEO Zach Bradford said in an Oct. 31 announcement. The acquisition boosts Clean Spark's mining capacity by 50 megawatts, bringing it closer to realizing its plan to build 400 megawatts of capacity over the next few years.
- 07:08A Newly Built Wallet Withdrew 10.7 Million ENA from CEX 8 Hours AgoAccording to Spot On Chain's monitoring, a newly created wallet 0xc04 (associated with Anchorage Digital) withdrew 10.7 million ENAs ($3.96 million) from CEX eight hours ago. This marks the largest ENA transaction for Anchorage Digital and makes it one of the entity's top assets. Since its launch in April 2024, the ENA price has fallen 43%.
- 07:07Galaxy Digital Tagged Addresses Transfer a Total of 1,450 BTC to CEX in the Past Three HoursOn Nov. 1, the Galaxy Digital-tagged address transferred a total of 1,450 BTC, valued at approximately $100.46 million, to CEX in four transactions over the past three hours, according to Arkham monitoring data.