SOL Surpasses $170, 24-hour Growth 1.49%

On May 18th: Trader James Wynn stated, "I hope Bitcoin would be able to fall below $100,000 so that I could increase my holdings. Regrettably, I don't consider that to be very probable to occur."

On May 18th, Nansen stated on social media that in the past 7 days, the EVM chains with the highest number of active addresses were as follows: · Avalanche: 9.78 million (an increase of 42%). · BNB Chain: 7.88 million (an increase of 4.8%). · Ethereum: 2.18 million (an increase of 9.2%). · Polygon: 2.08 million (an increase of 2.5%). · FTM Network: 1.46 million (an increase of 64%).

On May 18th, the renowned cryptocurrency analyst Willy Woo stated in a social media post that "Bitcoin has long since passed the stage of experiencing several-fold annual growth rates like it did in 2017. 2020 was a crucial year for Bitcoin's 'institutionalization', with corporations and sovereign entities starting to accumulate Bitcoin. The compound annual growth rate has dropped from over 100% to 30 to 40%. Bitcoin is currently being traded as the newest macro asset in 150 years, and it will continue to absorb global capital until it reaches a certain 'equilibrium point'. Considering that the long-term monetary expansion is about 5% and GDP growth is 3%, I believe that Bitcoin's ultimate annual compound growth rate will stabilize at around 8%. However, it may take another 15 to 20 years to reach the 'equilibrium point'. There is hardly any other publicly investable asset that can rival Bitcoin in terms of long-term performance."

On May 18th, based on the Cookie Data of the AI Agent Index platform, the top five AI concept coins in terms of mindshare currently are: VIRTUAL (24.31%), FARTCOIN (8.73%), AIXBT (3.5%), AXR (3.23%), and REKT (2.78%). It should be noted that "FARTCOIN" is a rather strange and perhaps unorthodox coin name. In the cryptocurrency market, there are many such unconventional and sometimes even controversial coin names. Additionally, the evaluation of these coins is often based on specific market conditions and discussions within certain communities and platforms. The cryptocurrency market is highly volatile and risky, and investors should approach it with caution.

On May 18th, based on the monitoring by on-chain analyst Yu Jin, a whale address 0x6ea4 withdrew 22.09 trillion PEPE tokens from Binance to the on-chain in the past 25 hours, with a value of $29.16 million. Without taking into account CEX addresses and addresses that have already been blacklisted by the PEPE official team, this address has become the second-largest whale/institutional holder on the PEPE on-chain holdings leaderboard.

On May 18th, according to GMGN market data, the meme coin MOODENG based on Solana surged by more than 56% in the past 24 hours, and its current market capitalization is 270 million USD.