1. Musk Concept Meme Coin RFC Market Cap Short-time Breaks $1 Billion, Hits Historic High
2. a16z Founder: Launchpad Platform auto.fun to Launch This Week
3. Jupiter Co-founder: Will Launch a Lot of Products and Governance Concept Updates in the Coming Months
4. OM's Nearly 12-hour Total Network Liquidation Amount Exceeds $65 Million, Second Only to Bitcoin
5. Next Week's Key Events and Data Preview: Trump to Announce More Information on Semiconductor Tariffs on Monday, Powell to Speak at the Economic Club of Chicago on Thursday
1. "After Evaporating $5.5 Billion in 15 Minutes and Soaring 4x, Why Did the "Demon Coin" OM Suddenly Plunge?"
In the early morning, the RWA Sector project MANTRA (OM) plummeted by 90% in a short period, dropping from $6 to $0.5, with a market value evaporation of over $5.5 billion. Three hours later, the MANTRA team issued a statement, attributing the decline to irrational liquidation, unrelated to the project itself, and stating that it was not initiated by the team. As a large amount of tokens flowed into exchanges in the days leading up to the sell-off, was this a deliberate off-exchange transaction or a team sell-off?
2. "Hyperliquid Ecosystem Ultimate Mining Guide, Seize Early Participation Opportunities"
This article introduces multiple DeFi protocols within the HyperEVM ecosystem, covering protocols such as Felix, Mizu Labs, Drip.Trade, HyperSwap, among others. These protocols offer opportunities for staking, liquidity mining, and airdrop rewards. By participating in these protocols, users can earn multiple rewards and ecosystem points, and potentially receive future token allocations. The HyperEVM ecosystem shows significant potential, with the value of early participation being underestimated, providing users who missed the first airdrop a second opportunity.
Daily overall market funding heat (reflected by funding rate) and token unlocks
Data Source: Coinglass, TokenUnlocks
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