USDC can directly convert to Brazilian Real and Mexican Peso

USDC can directly convert to Brazilian Real and Mexican Peso

Hot projects + Market overview

I. Mainstream exchange news

  • Coinbase has added CoW Protocol (COW) to its listing roadmap.
  • Bitget has partnered with the Singaporean ride-hailing app Tada. Users can enjoy at least one free ride using Tada’s Telegram Mini App and earn MVL and BGB tokens by completing Bitget-related tasks within the app during the Token 2049 summit.
  • Binance will remove the CHZ/FDUSD and CLV/BTC margin trading pairs.
  • Binance will list the CATI/USDT, HMSTR/USDT, 1MBABYDOGE/USDT, and UXLINK/USDT perpetual contracts.
  • Binance has listed Neiro (NEIRO), Turbo (TURBO), and Baby DogeCoin (1MBABYDOGE). 
  • OKX has added DOGS/USDC and NOT/USDC trading pairs.
  • On September 19, Bitget Wallet will facilitate the Catizen airdrop by covering all gas fees for users claiming it within the wallet, with an additional 50,000 CATI tokens as rewards.
  • Bitget Wallet will launch the restaking project Eigenpie (EGP) on its Launchpad platform.

II. Mainstream projects and trending events

  • Wintermute will launch OutcomeMarket, a permissionless US presidential election prediction market accessible across Ethereum, Base, and Arbitrum.
  • According to Unisat Explorer data, the Fractal Bitcoin mainnet has reached block height of 21,000, completed ordinal activation, and now supports the inscription of Fractal BRC20 assets.
  • Solv Protocol has successfully deployed on the Base chain, allowing users to mint SolvBTC using cbBTC to participate in various Bitcoin staking activities, including Babylon staking via SolvBTC.BBN.
  • On-chain UX ecosystem WalletConnect has rebranded to Reown and introduced its native token WCT.
  • Ethereum liquidity restaking protocol Eigenpie’s EGP token IDO is set for September 20 with a total of 3.6 million tokens.
  • EigenLayer launches Programmatic Incentives v1, distributing 4% of EIGEN's initial supply in the first year.
  • Sui co-founder and CEO Evan Cheng has stated that Sui has partnered with Circle and will soon add support for USDC.
  • Aleo unveils tokenomics, allocating 34% to early supporters.

III. Funding news

  • MagicBlock on Solana has raised $3 million in Pre-Seed funding participated in by a16z CSX.
  • Yellow Network has raised $10 million in a seed round led by Ripple co-founder Chris Larsen.
  • 0xAstra, an all-chain liquidity aggregation protocol, has raised $3 million in a seed round, which was participated in by Animoca Brands.
  • Prediction market Limitless Network has raised $3 million in Pre-Seed funding led by 1confirmation.
  • Prime Protocol, a cross-chain liquidity and lending protocol, has raised $1.25 million in strategic funding, participated in by Arrington Capital.
  • Fermah, a universal proof generation layer developer, has raised $5.2 million in a seed round led by a16z CSX Fund.
  • RISE Chain, an L2 protocol, has raised $3.2 million in a seed round led by Finality Capital.
  • Pipe, an internet infrastructure network, has raised $10 million in a funding round led by Multicoin Capital.
  • LayerZero has partnered with companies including a16z to launch the lzCatalyst program, aiming to help developers access capital and resources by incentivizing participating funds to invest $300 million directly into projects integrating LayerZero.

IV. Regulatory news

  • The US SEC has submitted a proposed amended complaint against Binance, focusing on its token listing process. In the proposed filing, the SEC emphasizes two issues: the secondary market sales of BNB and Binance's Simple Earn program, alleging that it operates as an unregistered securities dealer.
  • Rostin Behnam, Chairman of the US Commodity Futures Trading Commission (CFTC), has stated that the agency will continue to argue that prediction market Kalshi's political election contracts are illegal, warning of potential negative consequences. The CFTC also plans to closely monitor offshore
  • USDC stablecoin is now available in Brazil and Mexico, enabling direct conversion between the Brazilian Real and Mexican Peso to USDC without first converting to US dollars. Circle supports local bank transfers through Brazil's PIX and Mexico's SPEI payment systems, reducing transaction times and freeing funds from lengthy settlement processes.

V. Popular projects 

Market overview

Bitcoin has surpassed the 4-hour moving average (MA140) at $58,306 and has risen above the $60,000 mark. The next key resistance level is the daily MA140 at $62,765.

As long as BTC remains above $58,306, the current rebound is likely to continue. A move above $62,765 could signal stronger bullish momentum.

With the US Federal Reserve set to announce its interest rate decision for September, the market may see increased short-term volatility, potentially boosting the chances of BTC moving higher.

NEIRO is up 120% in a day 

The price of NEIRO, a memecoin associated with the new dog of the Doge dog's owner, has surged 120% in the last 24 hours. 

NEIRO, linked to a smart contract ending in 53Ee, gained attention after receiving a reply from Vitalik Buterin and claims to be the first of its kind deployed on Ethereum.

The NEIRO token has reached a market cap of $350 million.

BOBO is up 47% in a day

The price of BOBO, a bear market-themed memecoin used to mock poor investment decisions and express pessimism toward financial markets, has surged 47% in the last 24 hours. 

BOBO now ranks 416th by market cap, reaching a total value of $95.13 million.

BLUB is up 33% in a day

BLUB, a memecoin of the Sui ecosystem featuring a fish, has surged 33% in the last 24 hours.

With a total supply of 420.69 trillion tokens, 75% is allocated to CEX and DEX, 10% for growth, and 15% for contributors (released linearly over 3 years).

BLUB has reached a market cap of $22.79 million, rising over 50-fold from its lowest point.

​​CLOUD is up 33% in a day

The price of CLOUD, the native token of the Solana-based liquidity staking protocol Sanctum, has surged 33% in the last 24 hours.

Sanctum is designed to optimize and expand user asset utilization through liquidity staking. The launch of BNSOL on Binance, bbSOL on Bybit, and BGSOL on Bitget has considerably boosted Sanctum's adoption.

 

The CLOUD token has reached a market cap of $64.06 million.

CATE is up 33% in a day

The price of CATE, a memecoin featuring a good friend of Doge, has surged 33% in the last 24 hours.

CATE claims to be the original partner of the Kabosu family, existing before Doge became popular.

With a total supply of 1 billion tokens, zero tax fees, and all liquidity burned, CATE has reached a market cap of $35.37 million.

On-chain daily

1. Neiro: Neiro is a memecoin on the Solana chain, modeled after the second Shiba Inu owned by the Doge's owner, making it a sister coin to Doge. On September 16, Binance announced it would list Neiro for spot trading and introduce the NEIRO/USDT 1-75x USDT perpetual contract. Neiro reached $0.00087, with a 130% increase over 24 hours.

   - Current Price: $0.0008259  

   - Historical High: $0.0008876  

   - 24-Hour Increase: 114%  

   - Current Market Value: $40.6M  

   - Official Twitter: https://x.com/neirowoof

2. SATO: SATO is a memecoin on the Ethereum chain, named after Atsuko Sato, the mother of Doge and Neiro.

   - Current Price: $0.006614  

   - Historical High: $0.006776  

   - 24-Hour Increase: 398%  

   - Current Market Value: $4.1M  

   - Official Twitter: https://x.com/SatoERC

3. FUKU: FUKU is a memecoin on the Ethereum chain, featuring a white Shiba Inu, the new dog adopted by Kabosumama.

   - Current Price: $0.055736  

   - Historical High: $0.056670  

   - 24-Hour Increase: 136%  

   - Current Market Value: $1M  

   - Official Twitter: https://x.com/FUKU_ON_ETH?t=BadGr3ZELuEnvIEGVMaB2w&s=09

4. binancedog: binancedog is a memecoin on the BNB chain, created by the bnb-chain platform as a dog-themed coin.

   - Current Price: $0.004064  

   - Historical High: $0.004978  

   - 24-Hour Increase: 11.09%  

   - Current Market Value: $1.9M  

   - Official Twitter: https://x.com/binancedogbsc

5. ONI: ONI is a memecoin on the Ethereum chain, based on a cat that grew up with Doge.

   - Current Price: $0.055911  

   - Historical High: $0.004978  

   - 24-Hour Increase: 122%  

   - Current Market Value: $1M  

   - Official Twitter: https://x.com/onigiricat_erc

6. MOODENG: MOODENG is a memecoin on the Solana chain, featuring a two-month-old baby hippo that became a viral sensation on YouTube due to its cute videos.

   - Current Price: $0.001401  

   - Historical High: $0.001506  

   - 24-Hour Increase: 2230%  

   - Current Market Value: $8.3M  

   - Official Twitter: https://x.com/MooDengBNB

Daily runes observation

Gas Fee Change:  

Current BTC transaction fee: 4 satoshis/byte. Despite market fluctuations, fees have remained persistently low for three months. 

Recently, Fractal Bitcoin's mainnet launch caused transaction fees to spike to 850 satoshis/byte due to the minting of BRC-20 tokens, triggering market FOMO.

Today's Popular Projects:

1. DECENTRALIZED  

   - Status: Fully minted  

   - Market Value: $4.7M  

   - 24-Hour Trading Volume: $3,044  

   - Increase: 19%  

   - Holding Addresses: 41,471  

2. JOKER•RUNES•COIN  

   - Status: Fully minted  

   - Market Value: $605K  

   - 24-Hour Trading Volume: $3,800  

   - Increase: 10.7%  

   - Holding Addresses: 10,107  

3. DOG•GO•TO•THE•MOON  

   - Status: Fully minted  

   - Market Value: $232M  

   - 24-Hour Trading Volume: $60,208  

   - Increase: 10%  

   - Holding Addresses: 88,495  

Top Rune Projects Tracking:

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

   - Current Price: 3.86 Sats  

   - 24-Hour Change: -0.51%  

   - Current Market Value: $232M  

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

   - Current Price: 4.47 Sats  

   - 24-Hour Change: -4.6%  

   - Current Market Value: $56M  

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

   - Current Price: 2 Sats  

   - 24-Hour Change: -1.38%  

   - Current Market Value: $25M

Performances of today's top three tracks

GameFi: Overall sector daily increase of 3.87%.

1. BIGTIME: Big Time is a multiplayer action RPG for PC.

   - Daily Increase: 23.3%

   - Current Price: $0.16119

   - Current Market Value: $174.74M

   - 24-Hour Trading Volume: $334.08M  

   - Recent News: The Duel Tournament concluded, with the top five players announced.

2. MAVIA: *Heroes of Mavia* is a mobile strategy game combining traditional gameplay with Web3 technology, developed by Skrice Studios. Players build bases, gather armies, and battle others to earn in-game tokens RUBY and other resources.

   - Daily Increase: 17.6%

   - Current Price: $1.445

   - Current Market Value: $45.56M

   - 24-Hour Trading Volume: $9.04M  

   - Recent News: Web Ruby Market is now live, integrating MAVIA tokens into the marketplace.

3. KAP: Kapital DAO is a leading Web3 gaming asset management technology provider, already utilized by platforms like Yield Guild Games (YGG).

   - Daily Increase: 14.6%

   - Current Price: $0.01504

   - Current Market Value: $1.91M

   - 24-Hour Trading Volume: $124.78K  

   - Recent News: 25k Blast Gold PvP Tournament launched.

AI: Overall sector daily increase of 5.39%.

1. TAO: Bittensor is an open-source protocol using blockchain technology to create a decentralized neural network, enabling machine learning models to interact and learn directly on-chain.

   - Daily Increase: 12.4%

   - Current Price: $322.9

   - Current Market Value: $2.38B

   - 24-Hour Trading Volume: $133.45M  

   - Recent News: None.

2. AI: Sleepless AI is a Web3+AI companion gaming platform featuring flagship games "HIM" and "HER," combining artificial intelligence and blockchain.

   - Daily Increase: 10.8%

   - Current Price: $0.4

   - Current Market Value: $52M

   - 24-Hour Trading Volume: $27.15K  

   - Recent News: Launched BNB Chain's 4th Anniversary event.

3. CUDOS: CUDOS is a decentralized computing network based on the Tendermint protocol, supporting Wasm smart contracts and cross-chain interoperability.

   - Daily Increase: 10.8%

   - Current Price: $0.00901

   - Current Market Value: $66M

   - 24-Hour Trading Volume: $880.76K  

   - Recent News: Governance vote on CUDOS-ASI token merge from September 19 to September 24. Ethereum swap opens on September 26, with blockchain merge set for October.

Layer2: Overall sector daily increase of 4.49%.

1. DYM: Dymension is a modular blockchain network powered by "RollApps," designed for rapid deployment and scalability.

   - Daily Increase: 24.4%

   - Current Price: $1.657

   - Current Market Value: $336.78M

   - 24-Hour Trading Volume: $52.65M  

   - Recent News: None.

2. SAGA: As Binance Launchpool’s 51st project, Saga aims to redefine the Web3 development landscape by simplifying the creation of dedicated, parallelized blockchains.

   - Daily Increase: 23.7%

   - Current Price: $1.9961

   - Current Market Value: $203.67M

   - 24-Hour Trading Volume: $188.09M  

   - Recent News: Will participate in TOKEN 2049.

3. TIA: Celestia is an innovative open-source blockchain platform founded in 2020, focusing on modular blockchain design, separating consensus, and data availability from execution.

   - Daily Increase: 15.2%

   - Current Price: $5.209

   - Current Market Value: $1.1B

   - 24-Hour Trading Volume: $180.7M  

   - Recent News: Celestia's Lemongrass upgrade will introduce multiple significant updates.

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. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available at the time of writing and may be subject to change.

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Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

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