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VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
TRON founder Justin Sun said that the Nansen integration will enhance developer and community interaction within the ecosystem.
VIPBitget VIP Weekly Research InsightsAptos and Sui, two new public blockchain projects developed with the Move programming language, have recently garnered significant attention in the secondary market. Sui led the way with a steady price increase since early August, up sixfold in three months. Aptos has since followed, driven by ongoing support from the Aptos Foundation. Both Move-based projects have presented notable trading opportunities over the past quarter.
- 06:14ai16z Founder Shaw Bought 6.7 Million FARM2 Tokens 2 Hours AgoAccording to on-chain data, the address starting with DScqt, belonging to ai16z founder Shaw, made three transactions totaling $3,432 to purchase 6.7 million FARM2 tokens two hours ago, causing the token to temporarily surge by over 50%. The market value is currently reported at $528,000. Shaw confirmed this purchase on his personal social media. It is reported that Farm2 is a token deployed by Shaw under his real name, and he tweeted on May 22nd that he would help build the FARM2 community.
- 05:13Data: Whale James Wynn Releases Account Data: Total Profit of $50 Million, Maximum Drawdown Reaches 84.34%ChainCatcher reports that whale James Wynn posted data on social media showing a loss of $36.19 million in his HyperLiquid account within 24 hours, with a maximum drawdown of 55.45%. However, according to other overall data released by James Wynn, his account is still overall profitable with $50.07 million, with a maximum drawdown of 84.34%. The cumulative trading volume reached $7.958 billion.
- 05:12Governments and Sovereign Wealth Funds Increase Bitcoin ETF Investments, De-dollarization as the Main Driving FactorAccording to ChainCatcher, as reported by Cointelegraph, governments, national pension funds, and sovereign wealth funds are increasing their investments in Bitcoin ETFs. This trend is mainly driven by de-dollarization, changes in energy markets, and increased institutional confidence.