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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- 08:32Solana TVL is approximately US$9.336 billion, with a 7-day increase of 19.26%PANews reported on November 23 that Deflama data showed that Ethereum's TVL was approximately US$64.51 billion, with a 7-day increase of 8.78%; Solana's TVL was approximately US$9.336 billion, with a 7-day increase of 19.26%; Tron's TVL was approximately US$8 billion, with a 7-day increase of 1.15%.
- 07:39Trader Eugene: Ethena's recent development has exceeded expectations, and the target price of ENA has been raisedTrader Eugene said on X platform that USDe is currently in circulation at 3.7 billion after adding 1.2 billion in circulation in the past 6 weeks. sUSDe's yield has ranged from 10% to 25% in the past 6 weeks, and Deribit accepts USDe as stablecoin collateral. Ethena's fee conversion proposal was also approved, and these fee conversions guarantee that sENA holders are the main beneficiaries of the success of the protocol. These developments exceed expectations for ENA 2 months ago and have adjusted ENA's target price higher.
- 07:12VanEck: Reiterates Bitcoin's $180,000 target price remains unchangedAsset management giant VanEck's latest report reiterated that it will continue to maintain the price target of Bitcoin at $180,000 in this cycle, and said that from the perspective of key indicators, this round of rebound seems to have just begun. It is reported that VanEck analyzed three key indicators: funding rate, relative unrealized profit (RUP) and retail interest trend. It pointed out: 1. The perpetual futures funding rate has been above 10% since November 12, indicating that the bullish momentum has increased; 2. In addition, the current 30-day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach a peak in a longer period of time; 3. The search term heat is only 34% of the high point in May 2021, indicating that the speculative frenzy has not yet spread, and the re-engagement of retail investors will give Bitcoin room for further increases.
