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Meme Coin Market Watch: Solana's OG Token TROLL Holds the Line, New Coin on Base Chain SWIF Surges

3 days ago

On August 7th, according to GMGN data, within the past 24 hours on the Solana blockchain, the top five tokens in terms of trading volume in the "Hot" section are DeepSeekAI, BOSS, TROLL, SPARK, and MLP. Except for TROLL, all of them are newly listed meme tokens with a low market capitalization and a small number of holders, presenting a higher risk. On the other hand, on the Base chain, in the past 24 hours, the top five in terms of trading volume are mostly well-established projects, namely ZORA, EURC, wstETH, SWIF, and VIRTUAL. Since SWIF has been listed for less than 24 hours, it should be used with caution due to its low market capitalization and potential significant risk. BlockBeats reminds users that most meme coins lack practical use cases and experience significant price volatility. Therefore, investment should be approached with caution.
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Ethereum Market Cap Surpasses Mastercard, Netflix

On August 10th, based on the data from 8marketcap, the market capitalization of Ethereum ($519.27 billion) exceeded that of Mastercard ($519.19 billion) and Netflix ($514.85 billion). With a 7-day growth rate of 26.02%, it temporarily ranked 25th on the global asset market capitalization list.

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Base Layer Token Eco Soars, ZORA Surges Over 19% to Hit New All-Time High

On August 10, according to HTX market data, the Base ecosystem tokens witnessed a general upward trend. They include: · ZORA increased by more than 19% in the past 24 hours, with a market capitalization reaching $3.11 billion and hitting a new all-time high; · AERO rose by more than 18% in the past 24 hours, with a market capitalization reaching $10.91 billion; · CLANKER surged by more than 31% in the past 24 hours, with a market capitalization reaching $66.52 million; · KTA went up by more than 18% in the past 24 hours, with a market capitalization reaching $5.96 billion; · BIO rose by more than 17% in the past 24 hours, with a market capitalization reaching $2.10 billion.

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Stability DAO: Nearly 30% of Metavault Funds Affected by CrediX Exploit, Working on Compensation Plan

On August 10th, the DeFi protocol Stability DAO declared that around 20% to 30% of its Metavault funds were impacted by the CrediX exploit. Stability DAO is collaborating with Sonic Labs and other affected protocols. It is working on writing a detailed report to keep track of the team and the attacker, with the aim of recovering the funds. Meanwhile, the protocol is formulating a compensation and recovery plan, and it is expected to start implementation within the next two weeks. MetaVault is expected to reopen next week, and more details will be announced. It is reported that Stability DAO completed the integration with CrediX approximately a week ago, which brought additional yield opportunities to the platform.

1 minutes ago

PROVE surged above $1.57 this morning, with a 24-hour gain of over 40%.

On August 10th, according to HTX market data, PROVE briefly surged to above $1.57 this morning. It witnessed a 24-hour increase of more than 40%. Currently, it has dropped to $1.40, and its market capitalization is $279 million.

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An address has dollar-cost averaged 2 million PROVE tokens at an average price of $1, with an unrealized gain of over $870,000.

August 10. Based on the analysis of crypto analyst AI Auntie @ai_9684xtpa, the address 0xD5B...B9c0a has accumulated 2 million PROVE tokens within the past three days with an average price of 1 USD. Currently, it is showing an unrealized gain of $873,000. And it has now staked all the tokens.

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Strobe Ventures Sells 7 Million ENA at an Average Price of $0.726

On August 10th, based on the monitoring of @EmberCN, the Strobe Ventures address transferred 7 million ENA to Binance yesterday. And it withdrew 5.087 million USDC 8 hours ago. This indicates that the 7 million ENA was sold at an average price of $0.726. At the time of this writing, ENA is currently trading at $0.7474, with a 24-hour increase of 16.65%.

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