BANANA went up after the token burn

Hot projects + Market overview

I. Mainstream exchange news

• Bithumb will list Aethir (ATH).
• Upbit will introduce Aethir (ATH) in its KRW and BTC markets.
• Binance Launchpool has launched its 56th project, Toncoin (TON).
• HashKey Global has listed Pendle (PENDLE), Ondo (ONDO), and ether.fi (ETHFI).
• Binance will add the BONK/BRL and NOT/EUR spot trading pairs.
• Coinbase has resumed its cryptocurrency services in Hawaii.

II. Mainstream projects and trending events

• Grayscale has seen net outflows on August 13, with GBTC losing $28.6 million and ETHE losing $31 million.
• On August 13, Grayscale launched a new fund dedicated to MakerDAO's governance token, called the Grayscale MakerDAO Trust.
• Copper, a digital asset custody service, has partnered with PoS network Hedera to offer custody and staking services for HBAR tokens.
• Tether Treasury has minted an additional 1 billion USDT on the Ethereum network.
• Metaplanet, a Japanese publicly-listed company, has made another purchase of 57.1 BTC (valued at $338 million).
• PayPal's stablecoin, PYUSD, now has a larger supply on Solana than on Ethereum.
• Tether's CEO stated that Tether is currently earning a 5.5% profit from its reserves and plans to venture into the AI market.
• Polymarket predicts that Kamala Harris has a 77% chance of winning the popular vote, reflecting increasing confidence among market participants.
• KfW, Germany's state-owned development bank, is preparing to issue tokenized bonds as part of a European Central Bank (ECB) pilot.
• deBridge, a cross-chain interoperability protocol, has established a foundation and announced the first season's airdrop of its DBR token.

III. Funding news

• Essential, an intent-centric Web3 infrastructure provider, has completed a $11 million Series A funding round led by Archetype.
• Tether has announced a strategic investment of $3 million in Kem, a financial management platform.

IV. Regulatory news

• The Shanghai Clearing House has signed a cooperation agreement with the People's Bank of China’s Digital Currency Research Institute to enhance collaboration in developing and implementing digital currency technologies.
• The US Court of Appeals has reopened the case against Binance.US concerning the alleged manipulation of the HEX token.

V. Popular projects 

Market overview

BTC has continued its upward momentum, surpassing $60,000. The key short-term resistance level is $62,000, which has been tested three times during this rebound.

The first attempt pushed slightly above, at $62,745, before pulling back, while the other two attempts were stalled at $62,000.

The market is awaiting the upcoming US CPI data release -  positive data could push BTC to break through this resistance, with a short-term target of $64,572.

BCCOIN is up 75% in a day

BCCOIN, BlackCardCoin’s token, has surged 75% in the last 24 hours.

BlackCardCoin is a cryptocurrency project designed to combine the convenience of credit cards with blockchain technology. Users can quickly activate their cards and enjoy 10% cashback on purchases.

Since launching its credit card in March, the BlackCardCoin project has attracted 2,380 BlackCard members.

On August 13, the BlackCardCoin project team announced the burning of 5 million BCCOIN tokens, with 93% of the total supply now locked or burned, driving the recent price surge.

The BCCOIN token's 24-hour trading volume has exceeded $17 million.

BDC is up 19% in a day

BILLION•DOLLAR•CAT, a Runes project featuring a horizontally reversed BTC eye, has surged 19% in the past 24 hours.

Users can upload their PFPs to get an NFT with Billy glasses. 

The token is highly popular within the community and has reached a market value of $27.13 million.

BANANA is up 20% in a day

BANANA, the token of the Telegram trading bot Bananagun, has surged 20% in the past 24 hours after the project announced the burning of 2% of its tokens, currently valued at $8.6 million.

Projects like Bananagun, which generate actual revenue and consistently implement token burns alongside a robust circulation rate, could attract more capital.

RUNE is up 13% in a day 

The price of the RUNE token of the decentralized liquidity protocol THORChain has surged 13% in the past 24 hours following the partnership announcement with Cosmos Layer 1 platform Kujira.

 The collaboration will integrate Kujira’s DeFi products into the THORChain platform. THORChain’s founder has committed $3 million to support Kujira’s fundraising efforts for debt settlement.

The RUNE token’s market cap has reached $1.23 billion, with a 24-hour trading volume of $194 million.

On-chain daily

1. GOU: GOU is a memecoin on the Ethereum chain, pronounced similarly to the Chinese word for "dog." It claims to be the son of Neiro and the nephew of Doge.

Current Price: $0.00226

Historical High:$0.00278

6-Hour Change: +255%  

Current Market Value: $2.2M

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.

Current Price: $0.00625

Historical High:$0.00684

6-Hour Change: +380K%  

Current Market Value: $6.2M

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

3. BILL: BILL is a memecoin on the Ethereum chain featuring Bill Cipher from “Gravity Falls: Mystery Town Adventure”. The contract address starts with 0x6666669.

Current Price: $0.00521

Historical High:$0.00614

24-Hour Change: +1767%  

Current Market Value: $1M

Official Twitter:https://x.com/billciphererc20 

4.T1500: T1500 is a memecoin on the Solana chain featuring a cryptocurrency issuer walking 1,500 kilometers from the UK to Romania to meet their idols, Andrew Tate and Tristan Tate. They will traverse eight different countries over 75 days.

Current Price: $0.00254

Historical High:$0.00277

24-Hour Change: +53%

Current Market Value: $2.5M

Official Twitter:https://x.com/topg1500?s=21 

5. PONKEI:  PONKEI is a memecoin on the Solana chain featuring the Chinese version’s Ponke.

Current Price: $0.00314

Historical High:$0.0382

24-Hour Change: +280%

Current Market Value: $3.1M

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

6. wDOG: wDOG is a memecoin on the Solana chain featuring a dog wrapped in a plastic net, with the concept being "wrapped dog."

Current Price: $0.0266

Historical High:$0.0312

24-Hour Change: +40%

Current Market Value: $26M

Daily runes observation

Gas fee change:

The current BTC transaction fee remains low at 4 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. COOK•THE•MEMPOOL

   - Fully minted

   - Market Value: $2.7M

   - 24-Hour Trading Volume: $30,690

   - 24-Hour Change: +87%

   - Holding Addresses:28,509

2. BYZANTINE•GENERAL

   - Fully minted

   - Market Value: $1.3M

   - 24-Hour Trading Volume: $16,393

   - 24-Hour Change: +48%

   - Holding Addresses:686

3. BILLION•DOLLAR•CAT

   - Fully minted

   - Market Value: $21M

   - 24-Hour Trading Volume: $75,480

   - 24-Hour Change: +10%

   - Holding Addresses:8,021

Top Rune projects tracking:

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

  - Current Price: 4.98 Sats

  - 24-Hour Change: -1.46%

  - Current Market Value: 4,980 BTC

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

  - Current Price: 8.1 Sats

  - 24-Hour Change: +19%

  - Current Market Value: 1,700 BTC

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

  - Current Price: 5.36 Sats

  - 24-Hour Change: +53%

  - Current Market Value:  1,580 BTC

Performances of today's top three tracks

RWA: An overall daily increase of 2.42%

1. VSYS: VSYS, fully known as V.SYSTEMS, is a blockchain infrastructure provider focused on database and cloud services. It uses the SPoS consensus algorithm to select supernodes.

   - Daily Increase: +18.97%

   - Current Price: $0.00155

   - Current Market Value: $4.71M

   - 24-Hour Trading Volume: $851,000

2. CPOOL: Clearpool is the leading decentralized finance credit marketplace. A permissionless protocol enables institutions to raise unsecured liquidity directly from DeFi markets, which allows users to earn attractive yields.

 - Daily Increase: +5.36%

 - Current Price: $0.10236

 - Current Market Value: $61.86M

 - 24-Hour Trading Volume: $718,000

3. MKR: MakerDAO is a decentralized autonomous organization and smart contract system on Ethereum, providing the first decentralized stablecoin, DAI, on the Ethereum blockchain.

- Daily Increase: +6.41%

- Current Price: $2140

- Current Market Value: $1.99 billion

- 24-Hour Trading Volume: $144 million

SocialFi: An overall daily increase of 2.81%

1. MOON: MOON is the social token on Reddit, with the full name “CryptoCurrency Moons.”

- Daily Increase: +6.41%

- Current Price: $2140

- Current Market Value: $1.99 billion

- 24-Hour Trading Volume: $144 million

2. CBK: Cobak is an application-based cryptocurrency platform.

- Daily Increase: +6.3%

- Current Price: $0.5409

- Current Market Value: $46.62M

- 24-Hour Trading Volume: $6.29M

3. RFR: Refereum (RFR) is a blockchain-based referral platform designed for the gaming industry. It reduces gaming marketing costs by directly rewarding players and game streamers on live-streaming sites.

- Daily Increase: +5.21%

- Current Price: $0.00005794

- Current Market Value: $282,600

- 24-Hour Trading Volume: $814.14

GameFi: An overall daily increase of 2.35%

1. Chain: Chain Games is a Web3 gaming platform that provides blockchain-based decentralized games of skill. 

- Daily Increase: +24.64%

- Current Price: $0.04097

- Current Market Value: $15.56M

- 24-Hour Trading Volume: $217,000

2. HOOK: Hooked Protocol is a Web3 gamified social education platform, whose pilot product Wild Cash offers Quiz-to-Earn and other gamified learning experiences.

- Daily Increase: +18.79%

- Current Price: $0.5226

- Current Market Value: $93.16M

- 24-Hour Trading Volume: $31.65M

3. WAS: Wasder is a Swedish company, launched in 2017 as a social community platform for gamers. The platform enables gamers to utilize several tools to find other gamers to play with, host their communities, connect with their favorite streamers

- Daily Increase: +11.47%

- Current Price: $0.00278

- Current Market Value: $1.66M

- 24-Hour Trading Volume: $174,000

Disclaimer

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.

Please note that this article includes references to third-party websites and data, which are provided solely for convenience and informational purposes. We do not endorse or assume any responsibility for the content, accuracy, or reliability of any information, products, or services offered by third parties.

Cryptocurrencies, staking, and restaking involve significant risk and may not be suitable for all 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 or staking. 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.