Gm chads ☕️ In today's In-depth Alpha 👇
ETF Flows: 16 Aug 2024
🟢Bitcoin ETFs: $35.9M net inflows
🔴Ethereum ETFs: -$15.0M net outflows
Sentiment:
🚀 Most discussed tokens in the last 24 hours:
1.
$TRX and
$SUN
-
@justinsuntron's DeFi platform
Sun.io launched SunPump, a meme token generator on the TRON blockchain, sparking a new meme coin trend on TRON
- The first meme coin
$SUNDOG launched on SunPump, reaching a market cap of over $70 million within hours and getting listed on exchanges like HTX, MEXC, and Poloniex on its first day
- Justin Sun hinted at more developments coming to the TRON meme ecosystem, tweeting "Wen sun? Soon."
2.
$MOG
- Kraken Exchange launched
$MOG perpetual futures trading on August 16, 2024. This new listing generated significant engagement compared to other new listings
-
$MOG experienced a price decline of 19.29% in the 24-hour period, making it one of the biggest losers among top cryptocurrencies
-
$MOG continues to be mentioned alongside other popular memecoins like
$PEPE,
$WIF, and
$POPCAT in discussions about the memecoin market
3.
$TRUMP
- Several MAGA-related meme coins have seen significant drops in value over the past week, with MAGA down 11%, Dark MAGA down 40%, and Doland Tremp down 27%
- Trump posted an AI-generated video of himself and Elon Musk dancing together on his X account, garnering significant attention
- There are ongoing discussions about the future direction of the
$MAGA movement, potentially beyond Trump himself, with battles emerging between different factions within the movement
📰 Latest news:
- Cantor Fitzgerald CEO, a Bitcoin Nashville speaker, to co-lead Trump presidential transition team
- Increased spot bitcoin ETF inflows from institutional investors is a ‘promising’ indicator: Coinbase
- Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
- Goldman and Morgan Stanley reveal $600m Bitcoin ETF disclosures. Will it be enough to convince pension funds to pile in?
- Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
- Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH
- South Korea’s national pension fund bought $33.7 million worth of MicroStrategy shares in Q2
- Justin Sun Bets on Memecoins With Tron-Based Token Generator
- MakerDAO stops new WBTC-backed loans following its BitGo concerns
- Bernstein rates bitcoin miners Riot, CleanSpark, IREN and Core Scientific as ‘outperform’
- BitGo moves to allay fears over WBTC custodial changes
Early-Projects 🚀
1. SunDog (
@SUNDOG_TRX)
2. Fluffi on Sol (
@fluffisol)
3. SUBFROST (@bc1SUBFROST)
4. DevUp! (
@DevUpAcademy)
5. solboston (
@solanaboston)
6. bistro (
@bistro)
Fundraise 💰
1. Chaos Labs (
@chaoslabs) - $55M from Haun Ventures, Coinbase Ventures, Slow Ventures
2. Orderly Network (
@OrderlyNetwork) - $5M from Manifold Trading, OKX Ventures, Nomad Capital
3. CrunchDAO (
@crunchDAO) - $3.5M from Multicoin Capital
4. Goldilocks (
@goldilocksmoney) - $1.5M from Hack VC
5. WSPN (
@WSPNpayment) - $30M from Foresight Ventures, Folius Ventures
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