How much did you miss out on the key market intelligence on May 15th?
Featured
news1.Abraaj becomes the first public company in the Middle East to adopt a bitcoin financial
strategy2.An address "snipes" NXPC opens with a profit of $3.8
million3.Analysts: The altcoin boom may arrive in
June4.Franklin Templeton is approved to launch a tokenized fund in Singapore5.Wall
Street's big shorts: are shorting StrategyAnd buy bitcoinTrending
topic
source: Overheard on CT (tg:@overheardonct), Kaito
LAUNCHCOIN:LAUNCHCOIN has attracted market attention due to the rapid price increase and linkage with the Believe app. The platform, which allows users to issue tokens by replying to tweets, is seen as a new funding channel for startups to bypass traditional VCs, often compared to a combination of meme coins and NFT royalty models. ALTHOUGH THE MARKET HAS DOUBTS ABOUT ITS LONG-TERM VIABILITY AND THE QUALITY OF PROJECTS IS UNEVEN, LAUNCHCOIN'S LIQUIDITY GROWTH AND MARKET CAPITALIZATION PERFORMANCE ARE STILL WORTH PAYING ATTENTION TO, AND THE ANALYSIS BELIEVES THAT IT MAY RESTRUCTURE THE INTERNET CAPITAL MARKET STRUCTURE.
ONDO: J.P. Morgan today completed its first tokenized public blockchain transaction for U.S. Treasury bonds with Ondo Finance via Chainlink, making ONDO a hot topic on Twitter. The move marks a strategic shift from private to public blockchain solutions, highlighting the potential of cross-chain atomic settlements in the asset tokenization space. The market is generally optimistic about the role of this cooperation in promoting blockchain finance, and the price of ONDO is bullish.
UWUUNICORN: This token is a playful deconstruction of startups and venture capital culture, and is seen as a meme coin with explosive potential. Compared with similar projects such as Gooncoin, users believe that it avoids execution risk and has high returns. The current market discussion focuses on the increased exposure brought about by AscendEX's launch, and its valuation logic reflects the absurdity of the crypto market's detachment from fundamentals.
PENGU: PENGU is in the spotlight with its strong crypto culture and market capitalization of more than $1 billion. The market sees its association with Pudgy Penguins as a typical case of the integration of NFTs with the meme coin ecosystem. The community generally expects its prices to continue to climb and is expected to become the next phase of market-leading projects.
VIRTUAL: The partnership with Kaito is the main narrative today: to increase participation in the Virtuals ecosystem by distributing Virgen points to stakers and active users. The $AXR launched by the Genesis platform has generated significant returns for participants, and the veVIRTUAL staking mechanism is seen by long-term holders as an important way to capture value. This strategic partnership significantly strengthens the ecosystem's growth expectations.
Featured Article1
."STARTUP Rises 40x in Half an Hour, How HIM Became the King of Emotions at Believe?" 》
Crypto KOL @himgajria (him) drove the Solana on-chain meme coin STARTUP to soar 40 times in half an hour by accurately bidding orders, and its initial investment of $10,000 quickly increased to $430,000. The project deconstructs the traditional VC model with the ironic slogan of "market value is the product", and cooperates with the vague narrative of "real-time repurchase + burn", without disclosing the details of the team and tokens, with the help of community sentiment and KOL control ability, the market value soars from 450,000 to 20 million US dollars, becoming a typical representative of the Solana ecological speculation boom. HIM dominated the trading through the triple strategy of "low absorption + social opinion manipulation + controversy marketing", highlighting the extreme effect of the attention economy in the current crypto market.
2. "Adventure Island's Crypto Adventure: NXPC Creates Wealth Effect, Will the Spring of Chain Games Return?" 》
Theprice of NXPC, the governance token of the classic online game MapleStory Universe, soared to $3 (FDV reached $3 billion) after landing on mainstream exchanges, with the blessing of sentiment and airdrop benefits on platforms such as Binance to trigger a short-term wealth effect. The project adopts a dual-token model (NXPC+NESO) and a creator economy design, but in essence, it still does not depart from the traditional chain game "main coin-sub-coin-NFT" cycle routine. Although benefiting from the speculative enthusiasm of the Korean market and the support of exchange liquidity, the retention rate, sustainability of the economic model and the participation of creators in the open beta stage of the game are still major challenges to long-term value realization, and the overall recovery of the chain game track remains to be seen.
On-chain data
On-chain fund flows on May 15
