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VIPBitget VIP Weekly Research InsightsOn August 12, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its goal is to provide creators with a convenient and cost-effective token issuance solution. As of August 21, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have shown astonishing performance. For example, SUNDOG increased by 10,156 times within 5 days and 8 hours of its creation, and FOFAR increased by 6176 times in 4 days and 6 hours. These skyrocketing memecoins have attracted significant attention from investors.
VIPBitget VIP Weekly Research InsightsSince Q2 2024, despite the overall decline in the cryptocurrency market, one ecosystem has bucked the trend and delivered exceptional returns—the TON ecosystem. The price of TON has surged by over 3.5x since the beginning of the year and is currently fluctuating around $7, near its all-time high. Backed by Telegram's nearly 1 billion users, the TON ecosystem has developed a range of unique applications that have recently become a focal point within the community.
VIPBitget VIP Weekly Research InsightsThe uncertainty surrounding macroeconomic conditions and market reactions makes it challenging to predict short-term and mid-term market trends, with both black-swan and white-swan events possible at any time. Therefore, a rational approach would be to maintain a balanced position and reserve funds for potential dip-buying opportunities. In our last issue, we recommended several passive income products on Bitget. Now, we will introduce additional products based on USDT/USDC, BTC, and SOL, available both on Bitget and their respective blockchains. (While ETH-related LST and restaking projects have shown the highest potential returns lately, they are not included in our recommendations this time due to the high uncertainty of LST projects and their lack of flexibility in unstaking.)
VIPBitget VIP Weekly Research InsightsAs global market risks intensified this week, crypto assets across sectors experienced significant corrections and poor performance. Passive income products from centralized exchanges can offer low-risk returns despite market volatility by utilizing diversified portfolios to mitigate downside risks. This week, we recommend Bitget Earn's passive income products for our key clients.
VIPBitget VIP Weekly Research InsightsOn July 27 (local time), the current Republican presidential candidate Donald Trump attended the Bitcoin Conference. Essentially, the purpose of his appearance was to rally the mining community in the United States. The conference announced positive news for the mining industry, with a 12% increase in KAS over the past seven days and a noticeable net inflow of funds and traffic, indicating a certain wealth effect.
VIPBitget VIP Weekly Research Insights (7.26)In the past three weeks, SOL's price has rebounded strongly from a low of $120 to a high of $185 on July 21. This represents a robust recovery of over 50%, surpassing the rebound seen in BTC, ETH, and most other high-cap altcoins, becoming a strength eco-project worth focusing on.
VIPRecommended high-quality projects for major clients (July 10) — Ethereum ecosystem assets
VIPRecommended high-quality projects for major clients (June 25) — Bitget Earn projects 
VIPRecommended high-quality projects for major clients (June 12) — On-chain Earn projects
VIPRecommended high-quality projects for major clients — June 5- 01:12The market cap of x402 protocol token PING briefly surpassed $57 million early this morning.According to ChainCatcher, the market capitalization of the x402 protocol token PING briefly surpassed 57 million USD in the early hours today, and is now reported at 39.57 million USD. The 24-hour increase is still 346%, with a 24-hour trading volume reaching 39.5 million USD.
- 01:11The 40x short BTC address has increased its short position to 550 BTC, approximately $60.95 million.According to ChainCatcher, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the "100% win rate whale" counterparty, the "40x short BTC" address, remained firmly in position after last night's significant CPI volatility. The address has now increased its short position to 550 BTC (approximately $60.95 million), with an entry price of $109,621, currently facing an unrealized loss of $667,000.
- 00:56Data: A certain whale bought $46.78 million worth of SOL in the past 4 days and has bought and staked $146 million worth of SOL in the past six months.According to ChainCatcher, on-chain analyst Yu Jin has monitored that a certain address has been continuously purchasing SOL through OTC since the end of April, and has recently increased its SOL buying activity: in just the past 4 days, it purchased 249,500 SOL (46.78 million USD) via FalconX and Wintermute. From the end of April until now, over a period of half a year, this address has purchased a total of 827,000 SOL (146 million USD) and staked all of it, with an average price of 177 USD.