Selected News
Federal Reserve Chairman Powell hints at easing cryptocurrency regulations for banks
Driven by liquidity incentives, Unichain TVL skyrockets to over $100 million
Base is for everyone, market cap surpasses $20 million, up 150% in 6 hours
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
RAY: The new token launch platform LaunchLab introduced by Raydium has sparked significant attention and discussion on Twitter, making RAY one of the hot rising tokens in current cryptocurrency discussions. The platform is seen as a strong competitor to Pumpfun, featuring customizable bonding curves, instant liquidity, and a community-driven operational model. This release has generated positive sentiment in the market for RAY, with many users believing Raydium is poised to capture market share and drive innovation in the memecoin space. The announcement has also led to a noticeable increase in RAY's price and trading volume.
BASE: Today's discussions about BASE mainly focus on the controversy surrounding the "Base is for everyone" token launch promoted by the official Base account. Within an hour of its release, the token's market cap soared to $20 million, but then plummeted nearly 90% within minutes. After the crash, the price rebounded again, surpassing its previous all-time high (ATH). This event has raised concerns in the market regarding the credibility of Base and Coinbase, as well as the potential regulatory scrutiny they may face.
FARTCOIN: FARTCOIN has gained widespread attention today due to its outstanding market performance. The token's market cap is nearing $1 billion, sparking discussions about its sustainability and comparisons with other assets. Community activity is high, with some viewing FARTCOIN as a pure, organically grown memecoin without internal manipulation, while others warn of its volatility and the potential for drastic emotion-driven price swings.
PUMP: Today's discussions about PUMP primarily focus on the LaunchLab platform launched by Raydium, which is a direct competitor to Pumpfun, the latter having previously achieved significant revenue. Many tweets are debating whether LaunchLab can capture market share from Pumpfun, with some users expressing optimism about its prospects, believing its community fee rebate mechanism and creator incentive model are attractive. However, some users remain cautious, arguing that Pumpfun has a first-mover advantage and plays an important role in the current crypto cycle. Discussions also extend to the broader impact of such platforms on the cryptocurrency ecosystem, with some believing they reflect the essence of human psychology and market dynamics.
Selected Articles
Tiffany Fong, a female KOL with 340,000 followers on Twitter, recently found herself in a bizarre rumor. The Wall Street Journal reported that Musk had privately messaged Tiffany asking for a child, which she declined.
The official Base Twitter account tweeted at 3:13 AM today, stating "Base is for everyone," accompanied by an image highlighting the word "everyone" in blue, emphasizing the inclusivity and openness of the Base platform, which subsequently triggered significant price volatility for the token.
On-chain Data
On-chain capital flow situation on April 17
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