Apple and Nvidia are discussing to join OpenAI's new funding round

Hot projects + Market overview

I. Mainstream exchange news

• Coinbase International will list perpetual contract pairs for BB, CFX, and NEO.
• Bybit has launched the Sanctum token CLOUD, which has surged 18%.
• Coinbase International has launched perpetual futures contracts for Render, Saga, and Threshold.
• Binance will list the CHESS/USDT perpetual contracts with up to 75x leverages.
• Upbit will list USD Coin (USDC).

II. Mainstream projects and trending events

• According to mempool data, on August 30, an independent miner successfully mined a block at height 858,978, earning 3.275 BTC, approximately worth $199,098.
• The Chicago Board Options Exchange (Cboe) has submitted a revised application for Bitcoin and Ethereum spot ETF options.
• US presidential candidate Donald Trump has announced plans to turn the US into the global "crypto capital."
• Elon Musk and Tesla have won the dismissal of a lawsuit accusing them of manipulating Dogecoin.
• OpenAI and Anthropic agree to share their latest AI models with the US government for safety testing before public release.
• Crypto.com has announced the global launch of retail services from its regional center in Dubai.
• BNB Chain will execute the Bohr hard fork on the BSC mainnet on September 26, allowing validators to produce blocks consecutively.
• French football star Kylian Mbappe's X account was hacked to promote the MBAPPE token; the tweet has since been deleted.

III. Funding news

• Stablecoin payment company Bridge has raised $58 million, participated in by Sequoia.
• Time tokenization platform Time.fun has completed a $3 million seed round, led by Brevan Howard Digital.
• Layer 1 crypto network Quai Network has raised $5 million in strategic funding, participated in by Cogitent Ventures.
• Blockchain R&D company Peregrine Exploration has raised $3.6 million, led by Polychain Capital and Dragonfly.
• Crypto trading app Neverless has raised $6.7 million in pre-seed funding, with investors undisclosed.
• Pantera has invested in TON tokens at a 40% discount with a one-year lock-up period in May.
• ABC Labs has announced a $2.2 million strategic investment in the Curve ecosystem.
• Apple and Nvidia are discussing to join OpenAI's new funding round.

IV. Regulatory news

• The US House is planning multiple cryptocurrency hearings in September, covering topics like DeFi and SEC enforcement.
• Russia has warned France not to take political action in the case of Telegram CEO Pavel Durov.
• Nigeria has granted temporary approval for two cryptocurrency exchanges to operate.
• An Indian court has ordered the communications department to shut down 38 websites involved in scams under the name of crypto exchange Mudrex.
• The Japan Cryptocurrency Business Association has proposed a flat 20% tax rate for personal crypto assets under separate taxation.

V. Popular projects 

Market overview

BTC peaked at $61,166 before entering a correction phase.

The correction might only conclude if BTC drops to $57,000 following its pullback from $65,000. A trend reversal would be confirmed if BTC breaks above $63,562.

PORK is up 50% in a day

The price of PORK, a fork memecoin of PEPE launched by top crypto influencer PAULY, has surged 50% in the last 24 hours.

PORK features a pig-themed version of Pepe and has gained widespread attention within the community with on-chain purchases of some PEPE whales.

The PORK token has reached a market cap of $67.11 million, with on-chain liquidity of $2.71 million and a 24-hour trading volume of $5.62 million.

MUNCAT is up 39% in a day

The price of MUNCAT, a memecoin inspired by a cat stranded on the moon, has surged 39% in the last 24 hours.

Launched on SunPump, MUNCAT has gained significant attention since its release on August 21, with its price increasing over 140 times.

The MUNCAT token has reached a market cap of $34.77 million and on-chain liquidity of $775,000.

CLOUD is up 28% in a day

The price of CLOUD, the native token of the Solana-based liquidity staking protocol Sanctum, has surged 28% in the last 24 hours.

Sanctum is designed to optimize and expand user asset utilization through liquidity staking. The recent launch of BNSOL on Binance, bbSOL on Bybit, and BGSOL on Bitget has significantly boosted Sanctum's adoption.

The CLOUD token has reached a market cap of $38.98 million.

KOKO is up 19% in a day

The price of KOKO, a memecoin on the Solana chain featuring a koala, has surged 19% in the last 24 hours.

KOKO includes an AI-powered meme generator that allows users to create personalized avatars by tweeting @koalaaibot with a specific request.

The KOKO token has reached a market cap of $22.36 million, with a 24-hour trading volume of over $1.5 million.

On-chain daily

1. TAD：TAD is a memecoin on the Ethereum chain, which is a Base version of Pepe’s offspring.

Current Price: $0.0046

Historical High:$0.0048

24-Hour Change: +88.51%

Current Market Value: $3M

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

2. BRUH: BRUH is a memecoin on the Ethereum chain which is an original meme character promoted by members of the Milady community.

Current Price: $0.021

Historical High:$0.022

24-Hour Change: +197%

Current Market Value: $19.3M

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

3. KEYCAT: KEYCAT is a memecoin on the Solana chain which is an original meme character promoted by members of the Milady community.

Current Price: $0.0023

Historical High:$0.0037

24-Hour Change: +128%

Current Market Value: $2.3M

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

4. PORK: PORK is a Pepe-themed memecoin on the Ethereum chain featuring a pink frog.

Current Price: $0.062

Historical High:$0.062

24-Hour Change: +59.05%

Current Market Value: $76.3M

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

5. DANNY: DANNY is a memecoin on the Solana chain featuring a cartoon series supported by blockchain technology.

Current Price: $0.0025

Historical High:$0.0025

24-Hour Change: +35.13%

Current Market Value: $2.5M

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

6. coby: coby is a memecoin on the Solana chain featuring a cute doll

Current Price: $0.0038

Historical High:$0.0077

24-Hour Change: +18.73%

Current Market Value: $3.7M

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

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 two months.

Today's Popular Projects:

1. UNCOMMON•GOODS

   - Minting, the mint will be stopped in 2028

   - Market Value: $5M

   - 24-Hour Trading Volume: $36,278

   - 24-Hour Change: +14%

   - Holding Addresses:208,883

2. BASED•ANGELS•RUNE

   - Fully minted

   - Market Value: $293K

   - 24-Hour Trading Volume: $3,291

   - 24-Hour Change: +12%

   - Holding Addresses:1,743

3. JOKER•RUNES•COIN

   - Fully minted

   - Market Value: $746K

   - 24-Hour Trading Volume: $3,072

   - 24-Hour Change: +9.5%

   - Holding Addresses:10,138

Top Rune Projects Tracking:

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

  - Current Price: 4.7 Sats

  - 24-Hour Change: -1.05%

  - Current Market Value: 4,700 BTC

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

  - Current Price:  5.6 Sats

  - 24-Hour Change: +3.7%

  - Current Market Value: 1,176 BTC

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

  - Current Price: 5.6 Sats

  - 24-Hour Change: -6.2%

  - Current Market Value:1,173 BTC

Performances of today's top three tracks

GameFi: An overall daily increase of 0.9%

1. FAR:  Farcana is a AAA GameFi metaverse with a battle royale mode backed by the patented deflation Play-to-Hash economic model based on real Bitcoin mining power.

 - Daily Increase: +21%

 - Current Price: $0.0095

 - Current Market Value: $7.9M

 - 24-Hour Trading Volume: $1.05M

2. LOKA: League of Kingdoms is a blockchain MMO strategy game. In the game, players can build their own kingdoms, join alliances, participate in wars with other kingdoms, compete in tournaments, and engage in various other activities.

- Daily Increase: +11%

 - Current Price: $0.21

 - Current Market Value: $25M

 - 24-Hour Trading Volume: $31M

Others: An overall daily increase of 0.1%

1. FIO: FIO is a Layer1 protocol that enables a uniform user experience when transacting value across blockchains and products.

 - Daily Increase: +31%

 - Current Price: $0.0312

 - Current Market Value: $22.6M

 - 24-Hour Trading Volume: $16M

2. AVT: Aventus Network is a Layer 2 blockchain protocol that is evolving towards becoming a parachain on Polkadot. Aventus Network initially started as a blockchain-based event ticketing platform.

 - Daily Increase: +16%

 - Current Price: $2.26

 - Current Market Value: $21M

 - 24-Hour Trading Volume: $657K

3. ORDER: Orderly Network is a liquidity platform built on the Near Protocol, offering users risk management and shared asset pools. It was established in April 2022, co-incubated by NEAR and WOO Network.

 - Daily Increase: +9.4%

 - Current Price: $0.174

 - Current Market Value: $30M

 - 24-Hour Trading Volume: $77M

RWA: An overall daily decrease of 0.9%

1. CFG: Centrifuge is a decentralized asset financing protocol that unlocks liquidity for real-world assets, allowing borrowers to finance their real-world assets without the need for banks or other intermediaries.

 - Daily Increase: +1.7%

 - Current Price: $0.339

 - Current Market Value: $170M

 - 24-Hour Trading Volume: $574K

2. PRCL：Parcl is a real estate derivatives protocol that allows users to invest in one square foot of real property through its price index, which replicates the price per square foot of various communities.

 - Daily Increase: +1.4%

 - Current Price: $0.137

 - Current Market Value: $18M

 - 24-Hour Trading Volume: $15M

3. OM: MANTRA, a Layer 1 blockchain for real-world assets (RWA), is designed to comply with and enforce regulatory requirements. 

- Daily Increase: +1.4%

 - Current Price: $0.906

 - Current Market Value: $763M

 - 24-Hour Trading Volume: $20M

Disclaimer

The development and market cap of stablecoins mentioned in the above content is speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

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.

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Cryptocurrencies involve significant risk and are NOT suitable for the majority of 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.

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