April 24th Market Key Insights, How Much Did You Miss?
1. On-chain Funds: $111.8M USD flowed into Ethereum today; $98.6M USD flowed out of Arbitrum 2. Largest Price Swings: $TRUMP, $DEEP 3. Top News: Global Digital Asset ETF inflows reached $1 billion yesterday, marking the highest weekly inflow since the inauguration of Donald Trump
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3.Binance to delist ALPACA, PDA, VIB, WING on May 2, 2025
4.Whale holding FARTCOIN for 5 months starts taking profits, selling 955,000 FARTCOINs 7 hours ago
5.SUI briefly surpasses $3.1, up 5.86% in 24 hours
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
TrumpCoin: The cryptocurrency $TRUMP saw a surge in discussion and value after it was announced that the top 220 holders would be invited to a private dinner at the Trump National Club in Washington, D.C., on May 22. This news significantly increased the token's market cap, reportedly prompting large buy orders and a short squeeze. The event has both ignited market enthusiasm and drawn skepticism, with some observers seeing it as a strategic move to pump the token's value.
KAITO: Today's Twitter discussions about KAITO highlighted its significant role in the world of Information Finance (InfoFi), with users praising its innovative tools and community engagement strategies. The collaboration with ZED Champions and the Sidekick × Kaito initiative further strengthened KAITO's influence in the Web3 ecosystem. Users also explored the strategic value of staking KAITO and its growth potential, with the majority expressing confidence in the team's execution and vision.
SUI: SUI received significant attention today due to multiple positive developments, with the cryptocurrency's price surging 30% to $2.90, pushing its global ranking to 12th, surpassing AVAX. Key drivers included rumors of a collaboration between Parasol Technologies under Mysten Labs and Pokémon, as well as the upcoming Sui Basecamp event expected to bring further positive news. Additionally, the SUI ecosystem is experiencing significant expansion: strong growth in DeFi, increased DEX trading volumes, a security storage partnership with Ledger, among others. The submission of the first SUI ETF application by Canary Fund is also seen as a crucial milestone in the institutionalization process.
77-BIT: Today, the core discussion around 77-BIT focused on the Quantum Core forging event scheduled for April 29, with players holding the "iconic" status celebrating their forging eligibility. The game developed by @the77bit has been well-received for its immersive gameplay, deep background story, and intricate distribution mechanics. Players are sharing achievements from the testing phase and eagerly anticipating the official launch and potential rewards from Quantum Core forging.
Featured Articles
1. "Trump Hosts Dinner for $TRUMP Token Buyers, Lets Whale Earn $730,000 in 30 Minutes"
Trump recently sparked attention again through cryptocurrency marketing. The $TRUMP token announced a private dinner for the top 220 holders, causing a 75% price fluctuation in the short term. According to public data, the current threshold to enter the top 25 holders is around $54,000. Previously, the Trump NFT project employed a similar marketing strategy, completing sales in a short period by offering "meet and greet" opportunities through NFT purchases.
2. "The Ceiling of "Fiat OnChain," Network Effects of Stablecoins"
Stablecoins have broken the traditional payment trilemma of "better, faster, cheaper," providing a round-the-clock, low-cost, permissionless open payment network for global users. They are transitioning from intermediary tools to mainstream value carriers, though they still face challenges such as fiat exchange bottlenecks. With the expansion of network effects, stablecoins are poised to reshape the global financial landscape.
On-chain Data
On-chain Fund Flow on April 24th
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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