X Layer On-Chain Meme Coin DOGSHIT Surpasses $37 Million Market Cap, 24-hour Growth 21.2%
On September 7th, according to the market data of X Layer from
X Layer, the on-chain Meme coin DOGSHIT on X Layer has exceeded a market capitalization of 37 million USD. It has a 24-hour increase of 21.2% and a 24-hour trading volume of 5.17 million USD. In addition, other on-chain Meme coins on X Layer have also seen increases. For example, XDOG has a 24-hour increase of 21% and is currently valued at 11.7 million USD; XPe has a 24-hour increase of 60% and is currently valued at 6 million USD; XFROG has a 24-hour increase of 960% and is currently valued at 3 million USD.
BlockBeats reminds users that many Meme coins lack practical use cases. Some tokens have a low market capitalization and their prices are highly volatile. Therefore, investment should be made with caution.
15 minutes ago
Institutional Ethereum Holdings Overview: Bitmine's Holdings Value Surpasses $8 Billion
On September 7th, based on strategicethreserve data, the following treasury companies and institutions with significant changes in Ethereum holdings over the past 30 days are as follows:
Bitmine Immersion Tech (BMNR) took the first place, currently holding 1.87 million ETH, with a value of approximately $8 billion, and experiencing a 124.1% increase in holdings over the past 30 days;
SharpLink Gaming (SBET) ranked second, currently holding 837,000 ETH, valued at approximately $3.59 billion, with a 60.4% increase in holdings in the past 30 days;
The Ether Machine (ETHM) ranked third, currently holding 495,000 ETH, valued at approximately $2.12 billion, with a 43.4% increase in holdings in the past 30 days;
Ethereum Foundation ranked fourth, holding 22,960 ETH, valued at approximately $984 million, with a 1.3% decrease in holdings in the past 30 days;
ETHZilla (ETHZ) ranked eighth, holding 10,220 ETH, valued at approximately $438 million, with a 24.4% increase in holdings in the pas
15 minutes ago
Analysis: ETH Pullback with Incomplete Shakeout, Max Pain Range $2425-$2970
On September 7th, on-chain data analyst Murphy released an analysis of ETH UTXO Distribution. As can be seen from the chart, the UTXO distribution of ETH shows an inverted F pattern. There is a significant accumulation at the lower and middle levels, while it is scarce at the higher levels. The bottom range from $49 to $396, after experiencing a harsh 8-year market, still holds 13.5% of the circulating supply to this day. The most stacked range is from $2425 to $2970, holding 23% of the circulating supply and serving as the strongest support level of ETH.
With the current price of $4,257 as the center point, there is currently 7.52% of the chips above. In the -20% price range (that is, from $3,405 to $4,257), there is only 10.1%. This indicates that ETH has not experienced sufficient turnover during the rapid surge and retracement. Therefore, when the price of ETH continues to rise, although there are few trapped chips above, the unrealized profits of the chips at the lower levels are
15 minutes ago
The top ENA holder on Hyperliquid has opened a 10x ETH short position, with a value of approximately $12.85 million.
On September 7th, based on the monitoring of HyperInsight, the largest holder address of ENA on Hyperliquid ("0x6b7...c5e9c") has taken a 5x long position on ENA and a 10x short position on ETH simultaneously. The current positions are as follows:
A 5x long position in ENA with a position value of approximately $36 million, an average entry price of $0.6804, a liquidation price of $0.50, and an unrealized profit of $2.78 million.
A 10x short position in ETH with a position value of approximately $12.85 million, an average entry price of $4,314, a liquidation price of $7,669, and an unrealized profit of $93,000.
15 minutes ago
CZ: The AI Companion is a rapidly growing field, let's combine it with cryptocurrency
September 7th: Binance founder CZ mentioned in a post that the field of AI companionship is growing rapidly, and users are also willing to make payments for it. We can introduce this into the cryptocurrency space or vice versa, bring cryptocurrency into the AI companionship space.
15 minutes ago
Analysis: During the SOL pullback, the majority of the volume entered above $144, with very few trapped chips remaining above.
On September 7th, on-chain data analyst Murphy released an analysis of SOL's on-chain structure. As depicted in the chart, the SOL chip distribution roughly assumes an olive-shaped structure, with a significant accumulation in the middle and slightly less at the extremities. With the current price of $203 as the center, SOL accumulated within the top 20% price range (that is, $203 to $242) makes up 7% of the total circulation, while SOL accumulated within the bottom -20% price range (that is, $162 to $203) accounts for 39.2% of the circulating chips.
If the future SOL price continues to ascend and there are few trapped chips above, the main selling pressure will originate from the chips below engaging in profit-taking. Through recent repeated oscillations, SOL has achieved very thorough handovers within the -20% price range, elevating the average cost of all participants. Therefore, when there is a certain degree of unrealized profit, theoretically, the selling pressure will not be su
15 minutes ago
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