MYX Surges Past $14, 24-hour Gain Widens to 310%

September 9th. MyStonks has officially launched the inaugural season of the "Contract King Glory Championship," boasting a total prize pool of $19,000. The event will take place from September 9th to September 23rd. During this event, users merely need to have a cumulative trading volume ≥ 10,000 U on the platform's listed US stock token contract (Perp) and click to register in order to be regarded as a valid participating account. MyStonks has established four major prize pools to cater to different types of traders: Tactical Master Match (7500 U), Profit Dominator Match (7500 U), Volume King Match (3000 U), and Reverse Indicator Assist Match (1000 U). All rewards will be dispensed in the form of popular US stock tokens within 7 working days following the conclusion of the competition.

On September 9th, according to HTX market data, WLD witnessed a short-term spike exceeding $1.99, and its 24-hour gain expanded to 52.38%; the market capitalization rose to $7.17 billion, and the fully diluted valuation rose to $18.84 billion.

On September 9th, based on market data, HYPE rose above $54.7 and reached a new record high. It had a 24-hour gain of 9.85%, driving its market capitalization to $14.731 billion.

On September 9th, based on HTX market data, ATH surged above $0.054 this morning and is now retracing to $0.042, achieving a 24-hour gain of 38%. As of now, Aethir's monthly revenue for the third quarter is roughly $13 million and is expected to set a quarterly record. The team also intends to introduce more computing power resources. Aethir has reached a significant milestone as the compute hours have exceeded 1 billion. The total compute hours have reached 1.15 billion hours.

On September 9th, the NFT project TinFun officially announced that, after a community vote in favor, the TinFun NFT will migrate back to the Ethereum mainnet. A snapshot will be taken at 8:00 PM on September 9th. The mainnet mapping will occur at 8:00 PM on September 10th. Holders do not need to take any additional actions as the NFTs will be automatically mapped.

September 9th. Based on the data from the Investment Company Institute (ICI), by the end of the week of September 3rd, the total assets of U.S. money market funds rose by $52.37 billion and reached a historical high of $7.26 trillion. Analysts hold the view that this substantial inflow of funds may stimulate the next round of rallies for Bitcoin and other alternative coins.
Coinbase's Institutional Research Director, David Duong, stated that as the Federal Reserve further reduces interest rates, retail funds may shift from money market funds to stocks, cryptocurrencies, and other assets. Jack Ablin, the Chief Investment Officer at Cresset, pointed out that if the yield of money market funds decreases from 4.5% to 4.25% or 4%, investors will reallocate funds to stocks and cryptocurrencies.