Web3ExplorerLin
vip

Recently, the cryptocurrency market has shown a positive trend in multiple aspects. The price of Bit has risen, and market rumors suggest that approximately 80,000 Bit from early investors have been sold through over-the-counter transactions, which has alleviated potential selling pressure in the short term to some extent. Meanwhile, many altcoins have also followed the overall market trend and exhibited an upward momentum, with projects represented by meme coins showing a significant increase in activity within the on-chain ecosystem. It is worth noting that the US stock market is currently closed for the holiday, and the pause in US-China trade tariff negotiations is approaching, all of which could potentially impact the cryptocurrency market.



In terms of specific projects, the BONK cryptocurrency stands out remarkably, with its market capitalization surpassing 2 billion USD, and its trading volume exceeding PUMPFUN. The BONK project team announced that 58% of the trading fees will be used for buybacks and reserves, a move that is expected to further boost market confidence. Meanwhile, projects such as Useless, Hosico, and IKUN have also hit new highs, showcasing a strong upward momentum.

In the field of decentralized exchanges (DEX), the perpetual contract trading platform MYX in the BSC ecosystem has experienced significant growth. This project previously received investment support from the BSC Foundation, demonstrating its development potential.

On the other hand, the cryptocurrency trading platform OKX has recently strengthened its compliance measures. Industry analysts believe this may be preparing for a future listing on the U.S. stock market. This trend reflects that mainstream cryptocurrency exchanges are actively adapting to changes in the global regulatory environment.

Overall, despite the many uncertainties in the market, the current encryption currency ecosystem is showing positive development momentum, with various subfields exhibiting varying degrees of growth and innovation. Investors and market participants need to continuously monitor these dynamics to seize potential opportunities.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Share
Comment
0/400
TxFailedvip
· 07-10 01:56
technically speaking, bonk's just another dog chasing its tail... learned this one the hard way
Reply0
GateUser-e51e87c7vip
· 07-09 23:00
Damn! BONK is indeed the king of All in.
View OriginalReply0
blocksnarkvip
· 07-09 16:29
Amazing! Starting to play with meme coins again.
View OriginalReply0
RugpullTherapistvip
· 07-07 03:50
80,000 white teas have been sold, the bull run is definitely coming!
View OriginalReply0
FOMOSapienvip
· 07-07 03:49
Feels like BONK is To da moon.
View OriginalReply0
MysteryBoxOpenervip
· 07-07 03:49
Alts are just like that, bull run is different.
View OriginalReply0
AirdropHarvestervip
· 07-07 03:40
bullfrog I will get on the bus first
View OriginalReply0
CoconutWaterBoyvip
· 07-07 03:37
I regret not buying the dip BONK.
View OriginalReply0
BearMarketLightningvip
· 07-07 03:34
Eighty thousand pieces have long been used up.
View OriginalReply0
GasOptimizervip
· 07-07 03:30
Wow, this BONK is really something!
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)