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VIPBitget VIP Weekly Research InsightsOn 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.
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.)
VIPBitget VIP Weekly Research InsightsAs global market risks intensified this week, crypto assets across sectors experienced significant corrections and poor performance. Passive income products from centralized exchanges can offer low-risk returns despite market volatility by utilizing diversified portfolios to mitigate downside risks. This week, we recommend Bitget Earn's passive income products for our key clients.
VIPBitget VIP Weekly Research InsightsOn July 27 (local time), the current Republican presidential candidate Donald Trump attended the Bitcoin Conference. Essentially, the purpose of his appearance was to rally the mining community in the United States. The conference announced positive news for the mining industry, with a 12% increase in KAS over the past seven days and a noticeable net inflow of funds and traffic, indicating a certain wealth effect.
VIPBitget VIP Weekly Research Insights (7.26)In the past three weeks, SOL's price has rebounded strongly from a low of $120 to a high of $185 on July 21. This represents a robust recovery of over 50%, surpassing the rebound seen in BTC, ETH, and most other high-cap altcoins, becoming a strength eco-project worth focusing on.
VIPRecommended high-quality projects for major clients (July 10) — Ethereum ecosystem assets
VIPRecommended high-quality projects for major clients (June 25) — Bitget Earn projects 
VIPRecommended high-quality projects for major clients (June 12) — On-chain Earn projects
VIPRecommended high-quality projects for major clients — June 5- 19:42Glassnode: bitcoin's current bull market is similar in character to 2015-2018, with a current market cap gain of 2.1x and a peak of 5.7x in the last cycleOn January 30th, the current bitcoin bull market is showing several structural similarities to the 2015-2018 cycle, according to a new research report from Glassnode. The key takeaways from the report are below: In terms of cycle similarities and retracement characteristics, the current bitcoin bull market shows significant structural similarities to the 2015-2018 cycle, with retracements mainly between 10.1% and 23.6% Fibonacci levels, a stable retracement pattern that may reflect strong demand support in the current market. In terms of real market capitalization growth trends, the current cycle's Realized Cap growth of 2.1x is lower than the previous cycle's peak of 5.7x, but is consistent with the 2015-2018 cycle at the same stage and the market has yet to enter a phase of exponential growth, implying that there may still be room for further expansion. In terms of the size of the capital rotation, around 1.2 million bitcoins have been transferred from long-term to short-term holders since December 2023, with 1.1 million of these transfers completed when the price exceeded $90,000, representing a significant inflow of demand to absorb this supply when the price exceeded $90,000.1 The market is still in a state of flux, and the market is still in a state of flux, as it has been for some time. In terms of changes in exchange balances, exchange balances fell to 2.7 million BTC from 3.1 million BTC in July 2024, but this decline was largely due to the migration of supply to ETF wallets rather than a large number of withdrawals by individual investors, and the total balance on exchanges and ETFs was maintained at approximately 3 million BTC, suggesting that this is a shift in market structure rather than a shortage of supply.
- 17:03The last 24 hours the whole network burst $ 273 million, the main explosion of short ordersAccording to the data, the past 24 hours, the whole network burst 273 million dollars, long orders burst 90.59 million dollars, short orders burst 182 million dollars.
- 17:00INJ breaks $20The market shows that INJ breaks through $20, now at $20.01, up 11.17% in 24 hours, the market fluctuates, please do a good job of risk control.