Web3 AI Daily Review (2024/9/15)
Ethereum is a decentralized, open-source public blockchain platform with smart contract functionality. With the continuous development of Ethereum 2.0 and Layer 2, it has become one of the most widely used blockchains. In July of this year, the Ethereum spot ETF was officially approved for trading. Although factors such as reduced income and whale exits have caused a significant drop in $ETH recently, the market remains largely optimistic due to its low inflation rate and strong development capabilities.I. Attention Value - Hot Projects
1. Social Media Hotspots
Ethereum is a decentralized, open-source public blockchain platform with smart contract functionality. With the continuous development of Ethereum 2.0 and Layer 2, it has become one of the most widely used blockchains. In July of this year, the Ethereum spot ETF was officially approved for trading. Although the recent decline in $ETH is attributed to reduced income and whale exits, the market remains largely optimistic due to its low inflation rate and strong development capabilities.
Key Projects:
· USDC
Classic USDC is a stablecoin pegged to the value of the US dollar, maintaining its value through transparency, regular audits, and a 1:1 backing of reserve dollars. This ensures that every $USDC token has a corresponding amount of dollar reserves to support its value, aiming to provide stability and reliability in the volatile cryptocurrency market, serving as a reliable medium for transactions and value storage within the cryptocurrency ecosystem, suitable for a variety of use cases from everyday transactions to financial investments.
Recently, the total trading volume of $USDC has surpassed $16 trillion, and the CEO of Circle announced that USDC Tap-to-Pay on Apple iPhone is set to launch soon.
2. Smart Money Accumulation
· Smart Money Holdings
Source: ChainEDGE, Dot Labs
Project Overview:
1. WOLF(@Wolf0x67 /X)
LandWolf ($WOLF) is a newly launched meme coin on Solana, aimed at uniting Pepe fans with the broader crypto community. As one of the four main characters of the Boys Club, LandWolf has gained significant trust and support from the degen community, and due to its close association with Pepe the Frog, $WOLF quickly garnered attention from the community.
2. $WIF(@dogwifcoin /X)
Dogwifhat ($WIF) is the latest sensational product in the Solana ecosystem, taking the crypto world by storm. Since its launch in November 2023, the value of this meme coin has skyrocketed, increasing by as much as 3000%. With such astonishing growth, market analysts predict a bullish future for $WIF, potentially surpassing established meme tokens like Shiba Inu and BONK.
· Smart Money Inflows
Source: ChainEDGE, Dot Labs
Project Overview:
1. TL(@TrustLedgerIO /X)
TrustLedger ($TL) is the first-ever crypto platform to provide secure and transparent payments for freelancers and clients on a decentralized system, allowing for contract hosting, fair fees, and instant payments in $TL or $ETH.
2. DRIFT(@DriftProtocol /X)
Drift ($DRIFT) is a decentralized exchange based on the Solana blockchain, focusing on providing perpetual contract trading with up to 10x leverage. Since its launch in 2021, Drift has rapidly grown to become the largest open-source perpetual contract market on Solana, attracting over 90,000 users and approximately $350 million in total locked value.
II. Attention Value - Sector Rotation
1. Hot Sectors
Source: Dune, Dot Labs
Source: Dune, Dot Labs
2. Internal Sector
Source: Dune, Dot Labs
