May 14th Market Key Insights, How Much Did You Miss Out On?

Top News

1.Binance Alpha Launches HIPPO, BLUE, and other tokens

2.Believe ecosystem tokens see widespread gains, LAUNCHCOIN surges over 250% in 24 hours

3.Tiger Securities introduces cryptocurrency deposit and withdrawal services, supporting major cryptocurrencies such as BTC and ETH

4.Current Bitcoin rally possibly driven by institutions, retail traders yet to join

5.Binance Wallet's new TGE Privasea AI participation requires a minimum of 198 points, with 15 points consumed

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

PUMP: Today's discussion about PUMP focuses on its new creator revenue-sharing model: the platform will allocate 50% of PumpSwap revenue to token creators, sparking varied reactions from users. Some criticize the move as insufficient or even misleading, while others see it as a positive step towards the platform's acknowledgment of creators. Meanwhile, PUMP faces market pressure from emerging competitors like LetsBONKfun and Raydium, which are rapidly expanding their market share. Users also express concerns about PUMP's sustainability and potential regulatory risks in the U.S., with discussions extending to the platform's impact on the entire memecoin ecosystem.

COINBASE: Today, Coinbase became the first cryptocurrency company to join the S&P 500 Index, replacing Discover Financial Services, sparking widespread industry attention. The entire crypto community sees this milestone as a significant development, signaling that crypto assets are further integrating into the mainstream financial system. The news has sparked intense discussions on Twitter, with many users pointing out that this may attract more institutional investors into the Bitcoin and other cryptocurrency markets.

XRP: XRP has become the focus of today's crypto discussion, with its significant market movements and strategic progress attracting attention. XRP has surpassed USDT to become the third-largest cryptocurrency by market capitalization, sparking market excitement and discussions about its future potential. This surge in market cap and price is believed to be related to increased institutional interest, deepening strategic partnerships, and its role in the crypto ecosystem. Furthermore, XRP's integration into multiple financial systems and its potential as a macro asset class are also seen as key drivers of the current market sentiment.

DYDX: Today's discussion about DYDX mainly focused on the dYdX Yapper Leaderboard launched by KaitoAI. The leaderboard aims to identify the most active participants in the community, with a total reward pool of $150,000 for the top three seasons. This initiative has spurred widespread community participation, with many users discussing its potential rewards and incentives for the DYDX ecosystem. Meanwhile, updates on the migration of ethDYDX to the dYdX native chain and historical airdrop events have also been topics of discussion.

Featured Articles

1.《What Is 'ICM'? Holding Up the $4 Billion Market Cap Solana's New Narrative》

Overnight, the hottest narrative in the crypto space has become 'Internet Capital Markets,' with various crypto projects and founders, led by the Solana ecosystem's new Launchpad platform Believe, releasing this phrase. Together with 'Believe in something,' it has become the new slogan that kicks off the on-chain bull market. What exactly is the so-called 'Internet Capital Markets,' will it be a flash-in-the-pan hype slogan like the Base ecosystem's previous Content Coin, and what related targets are available to choose from?

2.《LaunchCoin Surges 20x in One Day, How Did Believe Create a $200M Market Cap Shiba Inu After Going to Zero?｜100x Retrospective》

LAUNCHCOIN broke through a $200 million market cap today, and the long-lost liquidity and such a high market cap "Memecoin" almost got half of the on-chain crypto community CT involved. The community is crazily discussing this token, with half being FOMO and half being FUD. This token, originally issued by Believe founder Ben Pasternak under his personal identity, was transformed into a new platform coin after a renaming. From once going to zero to a $200 million market cap, what happened in between?

On-Chain Data

May 14th On-Chain Fund Flow