Selected News
glassnode: Bitcoin Inflows Show Signs of Fatigue, Crypto's Four-Year Cycle May Still Hold
Launchpad Platform Heaven Becomes Top Revenue Protocol in Solana Ecosystem
Binance Wallet Releases Alpha Airdrop August Earnings Report, Single Account Can Reach Up to $1616
Camp Network Foundation X Account Posts for the First Time, May Hint at Upcoming TGE
Selected Articles
Lookonchain posted on social media stating that although Kanye West officially announced the launch of YZY, currently only YZY has been added to the liquidity pool, with no USDC. Developers can sell YZY by adding/removing liquidity, similar to LIBRA. Several insider wallets prepared funds in advance and immediately bought YZY after the announcement. Insider wallet 6MNWV8 knew the contract address in advance and even attempted to purchase it yesterday.
Once regarded as the pioneer of the "fusion of science and crypto," the leading DeSci project $BIO has faced pressure since its launch in January this year—despite backing from top investors including Vitalik Buterin and CZ, it has not escaped the dual impact of market conditions and liquidity, with its market cap shrinking by 95% from its opening high, becoming a focal point of community dissatisfaction and skepticism. This has plunged a sector that once produced billion-dollar market cap legends like $RIF and $URO into a low point. However, with the recent official launch of BIO Protocol V2, introducing new mechanisms such as Launchpad and staking points, the total staked amount surpassed 100 million BIO within a week of launch, and the market cap quickly doubled to over $200 million, reigniting market interest and imagination in the DeSci sector.
On-Chain Data
On-chain capital flow situation for the week of August 21
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