Crypto index suggests "Fear" among traders

Hot projects + Market overview

I. Mainstream exchange news

• Tokocrypto, operated by Binance, has acquired a Physical Crypto Asset Broker (PFAK) license from Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti), making it the third exchange in Indonesia to obtain this license.
• OKX will list the Catizen token CATI.
• Binance will launch the RPL/USDT perpetual contracts with up to 75x leverage.
• Binance will support the Enjin Coin (ENJ) network upgrade.

II. Mainstream projects and trending events

• The Crypto Fear & Greed Index dropped to 26 on September 9, indicating a state of "Fear" in the market.
• Whale Alert has reported that on September 9, the USDC Treasury minted 50 million USDC on Ethereum and transferred them to Coinbase, bringing the total to 200 million USDC minted and sent to Coinbase over the past three days.
• DeBox, a Web3 social platform, has set the total supply of its BOX token at 1 billion, with 5% allocated for airdrops.
• Oasys, a Japanese blockchain gaming company, has partnered with SK Planet to expand in South Korea. SK Planet will become a validator, allowing users to stake OAS tokens directly with them.
• Ethereum SVM Layer2 network Eclipse has launched a new re-staking token tETH, with support from Nucleus, to make it easier for users to earn rewards.
• SunPump has launched a new Ranking feature on its platform, allowing users to view key data such as upcoming launches, market cap rankings, 24-hour price increases and trading volumes.

III. Funding news

• PIN AI, an AI infrastructure company, has raised $10 million in a pre-seed round with participation from a16z CSX.
• DRiP has raised $8 million in a seed round led by Coinbase Ventures.
• Tether's investment arm has purchased approximately $102 million worth of stock in South American agriculture giant Adecoagro SA.
• Ethereum expansion solution t1 protocol has raised $2.5 million in a pre-seed round with participation from a16z crypto.

IV. Regulatory news

• A US district judge partially approved and partially rejected Coinbase's request to dismiss a shareholder lawsuit. The judge ruled that Coinbase might have misled shareholders about the risks of SEC litigation but dismissed most other allegations unrelated to this issue.
• The Nigerian Securities and Exchange Commission (SEC) has announced that it will soon begin enforcement actions against all individuals and business entities, including cryptocurrency trading platforms operating outside its regulatory scope.

V. Popular projects 

Market overview 

Bitcoin briefly reversed its downtrend, reaching a high of $58,088 before pulling back to around $56,600.

To confirm a market reversal from the recent bottom of $52,550, BTC must break above $59,000.

If not, the risk of further decline remains, with immediate support at $55,574.

KOIN is up 76% in a day

The price of KOIN, a cat-themed memecoin, has surged by 76% in the last 24 hours.

Despite having only 712 on-chain holders, its liquidity pool has grown to $8.46 million, with a market cap of $30.07 million. 

KOIN may follow a similar path to the popular memecoin WYH on the BSC chain if the financial backing continues.

WZRD is up 32% in a day

The price of WZRD, a memecoin with roots in the Bitcoin community, has surged 32% in the last 24 hours.

The Bitcoin Wizard image, created by Reddit user @mavensbot in February 2013 to promote Bitcoin, inspired a wave of early Web3 adopters, including the founder of Dogecoin. 

WZRD's market cap has increased to $42.72 million amid a recent market rebound.

PORK is up 33% in a day

The price of PORK, a fork of PEPE launched by top crypto influencer PAULY, has surged 33% in the last 24 hours. Featuring a pig-shaped Pepe, PORK has gained wide community traction.

PORK has reached a market cap of $72.8 million, with liquidity at $3.52 million and a 24-hour trading volume of $4.81 million, reflecting growing on-chain activity and interest.

PUFF is up 18% in a day

The price of PUFF, a new memecoin, has increased by 18% in the last 24 hours.

PUFF has a fair initial distribution with gamified elements and can be converted into COOK, the governance token of the mETH protocol.

Users can earn COOK credits by holding mETH on Mantle and collecting Powder or converting PUFF into Acid, with 5% of the total COOK supply allocated through Acid.

PUFF has reached a market cap of $28.74 million.

On-chain daily

1. BABYMOG: BABYMOG is a memecoin on the Ethereum chain, fairly issued as a memecoin through Uniswap V2 LP with the concept of mog plus baby.

Current Price: $0.003661

Historical High: $0.005737

6-Hour Increase: 232%

Current Market Value: $3.8M

Official Twitter: https://x.com/Baby_MogERC20

2. DEEBO: DEEBO is a memecoin on the Solana chain, owned by the community, with the image of a brown bear with long arms and legs. 

Current Price: $0.001226

Historical High: $0.002164

24-Hour Increase: 130%

Current Market Value: $1.2M

Official Twitter: https://x.com/CtoDeebo

3. MOTHER: MOTHER is a memecoin on the Solana chain, representing the star token of rapper Iggy Azalea.

Current Price: $0.0418

Historical High: $0.0433

24-Hour Increase: 15.21%

Current Market Value: $41.1M

Official Twitter: https://x.com/MOTHERprovides

4. D.O.G.E: D.O.G.E is a memecoin on the Ethereum chain, inspired by the fictional "Department of Government Efficiency" created by Elon Musk and Donald Trump.

Current Price: $0.0002606

Historical High: $0.0004658

6-Hour Increase: 121%

Current Market Value: $2.3M

Official Twitter: https://x.com/MOTHERprovides

5. Disco Ball Pigeon: Disco Ball Pigeon is a memecoin on the Solana chain, featuring the image of a pigeon combined with a disco ball.

Current Price: $0.0002046

Historical High: $0.0008502

6-Hour Increase: 60.12%

Current Market Value: $4.0M

Official Twitter: https://x.com/dbpigeonsol

6. NEIRO: NEIRO is a memecoin on the Ethereum chain, based on Doge's owner's new dog. Previously, the lowercase neiro saw strong growth, and with its Binance launch on September 6, the uppercase NEIRO continues to rise.

Current Price: $0.1771

Historical High: $0.1907

24-Hour Increase: 11.40%

Current Market Value: $176.7M

Daily runes observation

Gas Fee Change:

Current BTC transaction fee: 3 satoshis/byte

Note: Despite market conditions, the fee has remained persistently low for three months.

Today's Popular Projects:

TRILLIONS•BTC:

Status: Fully minted

Market Value: $425K

24-Hour Trading Volume: $98,123

Increase: 931%

Holding Addresses: 417

ITS•A•FULL•MOON:

Status: Fully minted

Market Value: $1.28M

24-Hour Trading Volume: $3,704

Increase: 18%

Holding Addresses: 1496

DEPIN•RUNE•DEAI:

Status: Fully minted

Market Value: $5.64M

24-Hour Trading Volume: $21,708

Increase: 6.23%

Holding Addresses: 1882

Top Rune Projects Tracking:

DOG•GO•TO•THE•MOON: Rune #3, also an airdropped rune from Runestone.

Current Price: 4.63 Sats

24-Hour Change: +0.65%

Current Market Value: 4629 BTC

RSIC•GENESIS•RUNE: Rune #8, from the renowned RSIC inscription mining project.

Current Price: 4.67 Sats

24-Hour Change: +1.76%

Current Market Value: 979 BTC

BANK•OF•NAKAMOTO•DOLLAR: A synthetic dollar protocol built on Bitcoin L1.

Current Price: 3 Sats

24-Hour Change: +15%

Current Market Value: 630 BTC

Performances of today's top three tracks

AI Sector Daily Increase: 7.3%

1. Clore: Clore.ai is an innovative marketplace that facilitates the sharing and renting of GPU computing power. Users can rent out their GPUs for tasks such as AI training, rendering, or mining, while others can access this power at a low cost. Clore's platform offers secure hosting services from data centers. Profitability is simplified through a community-driven approach and additional incentives like Clore Mining.

Daily Increase: 14.5%

Current Price: $0.0532

Current Market Value: $22.01M

24-Hour Trading Volume: $85.4K

2. Tao: Bittensor (TAO) is an open, decentralized, blockchain-based neural network. It operates as a self-governing, tokenized marketplace system for the development and distribution of AI technology.

Daily Increase: 12.6%

Current Price: $276.90

Current Market Value: $2.03B

24-Hour Trading Volume: $5.90M

3. FET: Fetch.AI combines machine learning (ML), artificial intelligence (AI), multi-agent systems, and decentralized ledger technology. Fetch tokens are used as a digital currency for transactions and secure communications on the Fetch.AI network. Nodes and agents also need to stake tokens to gain specific operational qualifications.

Daily Increase: 9.36%

Current Price: $1.20

Current Market Value: $3.05B

24-Hour Trading Volume: $5.13M

Memecoin Sector Daily Increase: 5.99%

1. PORK: PepeFork (PORK) is a meme-inspired cryptocurrency, a fork of the Pepe meme, created by a developer known as @Pauly0x on Twitter.

Daily Increase: 49.7%

Current Price: $0.0000002196

Current Market Value: $72.95M

24-Hour Trading Volume: $502.4K

2. WOJAK: Wojak is a cryptocurrency project aimed at creating a decentralized platform to connect people through the power of memes. Inspired by the popular Wojak internet meme, which represents a cartoon face expressing various emotions, WOJAK serves as the native currency of the platform, enabling users to buy, sell, and trade memes and participate in community-driven activities.

Daily Increase: 21.5%

Current Price: $0.0005374

Current Market Value: $37.45M

24-Hour Trading Volume: $546K

3. BEER: BEER is a universal entertainment currency.

Daily Increase: 20%

Current Price: $0.00001786

Current Market Value: $15.96M

24-Hour Trading Volume: $1.35M

NFT Sector Daily Decrease: 5.95%

1. APE: ApeCoin (APE) supports the next step in the development of a decentralized, community-led initiative aimed at pushing culture toward the metaverse. ApeCoin serves as the native governance token of the APE ecosystem, empowering the decentralized community. The ApeCoin DAO and the APE Foundation serve as the base layer for the project.

Daily Increase: 14.2%

Current Price: $0.8332

Current Market Value: $566M

24-Hour Trading Volume: $882.3K

2. TDROP: ThetaDrop (TDROP) rewards activity on the ThetaDrop NFT marketplace, providing decentralized governance and rewarding stakers with TDROP tokens. Built on the Theta blockchain, TDROP introduces the pioneering concept of NFT liquidity mining.

Daily Increase: 12.7%

Current Price: $0.002386

Current Market Value: $26.34M

24-Hour Trading Volume: $3.23M

3. SuperRare: SuperRare (RARE) allows users to create, sell, and collect rare digital art pieces. Their smart contract platform enables artists to release limited-edition digital art collectibles that are tracked on the blockchain. SuperRare charges no commission on the initial sale, and only a 3% commission on secondary sales.

Daily Increase: 11.5%

Current Price: $0.1577

Current Market Value: $112M

24-Hour Trading Volume: $937.2K

Disclaimer

The development and market cap of stablecoins mentioned in the above content is speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

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