WZRD, YAWN, GROK, GIGA, and VOLT prices have risen in the last 24 hours

Hot projects + Market overview

I. Mainstream exchange news

• Binance has agreed with Brazil's Securities and Exchange Commission to end the investigation into its derivatives products.
• Binance will list the USD-margined BANANA perpetual contract.
• OKX has released its 2024 brand safety TVC, promoting the theme "Stay Skeptical" to encourage users to enhance self-protection.
• OKX will launch the DOGS/USDT spot trading pair on August 20.
• Binance has launched TON on its Launchpool and Super Earn platforms.
• Crypto.com is the official global sponsor of the UEFA Champions League.

II. Mainstream projects and trending events

• US digital asset technology company Marathon Digital has purchased 4,144 BTC for $249 million, bringing its total BTC holdings to over 25,000.
• Goldman Sachs and Morgan Stanley have purchased over $600 million in Bitcoin spot ETFs in Q2 2024.
• Cynthia Lo Bessette, head of Fidelity Digital Asset Management, has said her department is exploring tokenization, including stablecoins, on-chain treasuries, and credit products.
• Donald Trump's son, Eric Trump, has hinted that the upcoming Trump family crypto project might involve digital real estate.
• On August 14, Iran's central bank and several other financial institutions were hit by a major cyberattack, causing widespread disruptions across the nation's banking system.
• On August 14, the Moscow Exchange temporarily suspended stock trading due to a software error. The issue was quickly resolved, allowing trading to resume at 17:30 Moscow time.
• Arbitrum developer Offchain Labs has launched a new department named Tandem, with an initial investment of $10 million.
• The US core CPI for July rose 0.2% month-over-month and 2.9% year-over-year, boosting expectations for a 25 to 50 basis point Fed rate cut in September.
• MetaMask has introduced a blockchain-based debit card developed in partnership with Mastercard and Baanx, a UK-based crypto payments specialist.
• Catizen has launched an event with Binance Web3 and Mantle, with a prize pool of $300,000.
• Former members of the TON Foundation, Ian Wittkopp and Inal Kardan, have established TON Ventures with an initial fund size of $40 million.
• Wang Wei, CEO of Ant Digital, a spinoff from Ant Group, announced that the company is advancing a cross-border Real-World Asset (RWA) project focused on new energy.
• Amid an economic downturn and slowing inflation, the Reserve Bank of New Zealand has unexpectedly initiated its easing cycle by lowering the official cash rate by 0.25 percentage points to 5.25%.
• The US government transferred 10,000 Bitcoin linked to the Silk Road to Coinbase Prime on August 14.

III. Funding news

• Stablecoin payment platform Sling Money has raised $15 million in a Series A round led by Union Square Ventures.
• Smart account modules developer Rhinestone has raised $5 million in a seed round led by 1kx.
• Ethereum L2 developer Parfin has raised $10 million in a funding round led by ParaFi Capital.
• Decentralized AI blockchain platform Sahara AI has raised $43 million, in a funding round led by Binance Labs, Pantera Capital, and Polychain Capital.

IV. Regulatory news

• ​​Digital asset management firm Fireblocks has received a cryptocurrency custody license from the New York State Department of Financial Services.
• NYSE Arca has withdrawn its application for a listed commodity trust and cryptocurrency ETF options.

V. Popular projects 

Market overview

After hitting $61,800 following the US CPI data release, BTC pulled back to above $58,000.

The upward momentum should continue as long as BTC stays above $55,000. 

WZRD is up 36% in a day

WZRD, a memecoin with roots in the Bitcoin community, has surged 36% in the last 24 hours.

The iconic 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.

With recent market enthusiasm for fully circulating memecoins, WZRD’s market cap has risen to $53.53 million.

YAWN is up 11% in a day

The price of YAWN, a memecoin featuring a member from the Pepe comics "Boy's Club", has surged 11% in the last 24 hours.

YAWN token holders can benefit from the brand’s expanding initiatives. The project offers products including sleep gummies, creatine, hangover patches, and calming capsules, with upcoming items such as T-shirts, hoodies, hats, and plush toys further solidifying the brand's presence. 

The total supply of YAWN tokens is 8 billion, with no trading taxes or fees, and its market cap has reached $20.06 million.

GROK is up 13% in a day

GROK, a memecoin inspired by Elon Musk's AI model Grok, surged 13% in the last 24 hours after Musk announced on August 12 that the beta version of Grok 2 is nearing release. 

GROK's market cap has reached $32.44 million, with a 24-hour trading volume exceeding $11 million.

GIGA is up 14% in a day 

GIGA, a memecoin on the Solana blockchain, has surged 14% in the last 24 hours.

The token is based on the image of Russian bodybuilder Ernest Khalimov, known for his impressive physique and chiseled jawline, earning him the nickname "Gigachad." 

GIGA’s market cap has reached $220 million, with on-chain liquidity of $2.79 million.

VOLT is up 11% in a day 

VOLT, the token of the DeFi ecosystem Volt Inu, has surged 11% in the past 24 hours. 

Volt Inu offers a one-stop shop for products like DEX, NFT, GameFi, TG bot, and VoltiCard.

The community behind Volt Inu is active and engaged, with the token’s trading volume approaching $9 million.

On-chain daily

1. GOU: GOU is a memecoin on the Ethereum chain, which is pronounced similarly to the Chinese word for "dog." It claims to be the son of Neiro and the nephew of Doge. Since it was recommended yesterday, it has surged by about 100%.

Current Price: $0.00392

Historical High:$0.00463

24-Hour Change: +60%  

Current Market Value: $3.9M

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

2. SATO: SATO is a memecoin on the Ethereum chain featuring the mother of Doge and Neiro named Atsuko Sato. Since it was recommended yesterday, it has surged about 500%.

Current Price: $0.033

Historical High:$0.05

6-Hour Change: +458%

Current Market Value: $33M

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

3. YAWN: YAWN is a memecoin on the Ethereum chain inspired by the Pepe comic “Boys Club”.

Current Price: $0.0025

Historical High:$0.00341

24-Hour Change: +13%

Current Market Value: $20M

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

4. CB: CB is a memecoin on the Solana chain, with its full name being Cigarette Butt, which is a double entendre, featuring both a cigarette butt and a human butt.

Current Price: $0.00156

Historical High:$0.00275

24-Hour Change: +150%

Current Market Value: $1.5M

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

5. EGL: EGL is a memecoin on the Solana chain featuring a resistance coin standing up to the wickedness this world has been corrupted with. 

Current Price: $0.0151

Historical High:$0.0151

24-Hour Change: +1133%

Current Market Value: $13.5M

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

6. cbBTC: cbBTC is a memecoin on the Base chain featuring that Coinbase has announced that it will issue its own wrapped Bitcoin, cbBTC, due to recent centralization concerns with WBTC.

Current Price: $0.00219

Historical High:$0.0032

24-Hour Change: +120%

Current Market Value: $2.1M

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

Daily runes observation

Gas fee change:

The current BTC transaction fee remains low at 3 satoshis/byte. Regardless of the cryptocurrency's price, transaction fees have remained persistently low for a month and a half.

Today's Popular Projects:

1. WANKO•MANKO•RUNES

   - Fully minted

   - Market Value: $6.2M

   - 24-Hour Trading Volume: $9,949

   - 24-Hour Change: +48%

   - Holding Addresses:5,988

2. GOB•IS•GOB•IS•GOB

   - Fully minted

   - Market Value: $4.9M

   - 24-Hour Trading Volume: $3,543

   - 24-Hour Change: +29%

   - Holding Addresses:42,428

3. BILLION•DOLLAR•CAT

   - Fully minted

   - Market Value: $27M

   - 24-Hour Trading Volume: $1,857,717

   - 24-Hour Change: +29%

   - Holding Addresses:8,043

Top Rune Projects Tracking:

- DOG•GO•TO•THE•MOON: Rune #3, airdrop Runes of Runestone

  - Current Price: 5.11 Sats

  - 24-Hour Change: +2.4%

  - Current Market Value: 5,110  BTC

- BAMK•OF•NAKAMOTO•DOLLAR: Synthetic dollar protocol on Bitcoin L1

  - Current Price: 8.09 Sats

  - 24-Hour Change: +7.9%

  - Current Market Value:  1,700 BTC

- RSIC•GENESIS•RUNE: Rune #8, from RSIC inscription mining project

  - Current Price: 7.7 Sats

  - 24-Hour Change: +3.7%

  - Current Market Value: 1,630 BTC

Performances of today's top three tracks

SocialFi: An overall daily increase of 3.63%

1. MBL: MovieBloc’s mission aims to address the challenges within the motion picture industry caused by the vertical integration of production, distribution, and exhibition which was predominantly controlled by conglomerates. It empowers filmmakers with transparent revenue share, insightful audience data, and equal screening opportunities. Viewers, in turn, have access to a variety of films and content and are rewarded by joining the community.

   - Daily Increase: +11.16%

   - Current Price: $0.00292

   - Current Market Value: $52.02M

   - 24-Hour Trading Volume: $7.12M

2. TON: Ton was a Layer1 based on Telegram, which was first proposed in 2018. It failed during its ICO in 2019 due to regulatory issues with the U.S. SEC, halted further development in 2020, and was restarted in 2021. TON aims to provide fast, secure, decentralized payment and digital identity services for over 500 million users. Mini Apps on TON are considered a potential breakthrough for massive adoption, with notable applications including Notcoin and Catizen.

 - Daily Increase: +4.47%

 - Current Price: $6.737

 - Current Market Value: $16.96 billion

 - 24-Hour Trading Volume: $928 million

3. KIN: KIN is an open platform for micropayments, which allows users to purchase various digital goods and services while supporting content creators.

 - Daily Increase: +1.31%

 - Current Price: $0.00001383

 - Current Market Value: $37.39M

 - 24-Hour Trading Volume: $274,700

CeFi: An overall daily decrease of 0.45%

1. CRPT: Crypterium is a digital mobile crypto bank.

 - Daily Increase: +18.01%

 - Current Price: $0.01165

 - Current Market Value: $81.78M

 - 24-Hour Trading Volume: $129M

2. SGB: Songbird is the canary network for the Flare Network, serving as a cross-chain interoperability protocol.

- Daily Increase: +9.61%

- Current Price: $0.00685

- Current Market Value: $102M

- 24-Hour Trading Volume: $593,000

3. DGB: DigiByte is an open-source and highly decentralized global blockchain for digital currency payments that can be used for digital assets, smart contracts, decentralized applications, and secure authentication. It was created in late 2013 and released in early 2014.

- Daily Increase: +6.59%

- Current Price: $0.00744

- Current Market Value: $127M

- 24-Hour Trading Volume: $13.55M

Layer1: An overall daily decrease of 0.88%

1. QKC: QuarkChain is a Layer1 blockchain aiming to achieve 1 million transactions per second using sharding technology.

 - Daily Increase: +18.01%

 - Current Price: $0.04043

 - Current Market Value: $3.44M

 - 24-Hour Trading Volume: $93,000

2. APX: APX is ApolloX's platform token, launched in December 2021, which has a maximum supply of 10 billion.

- Daily Increase: +4%

- Current Price: $0.05483

- Current Market Value: $23.83M

- 24-Hour Trading Volume: $493,600

3. QASH: QASH is Liquid's native token, which aims to address liquidity issues in cryptocurrency investments. Users can easily purchase cryptocurrencies and convert them into fiat currency.

- Daily Increase: +2.92%

- Current Price: $0.00005794

- Current Market Value: $12.6M

- 24-Hour Trading Volume: $1630 

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