News

BlockBeats News, March 6th, according to GMGN monitoring, the Base ecosystem token FAI saw its market cap surge from around $32 million to $46 million this morning, continuing its recent gains. The current market cap has retreated to $42 million, with a 54% increase in the past 24 hours and a trading volume of $3.1 million during the same period. FAI is the native token of the Freysa AI project, deployed on the Base chain, which saw a significant increase in market cap last year due to a Musk tweet, reaching a peak of $660 million. BlockBeats reminds users that Meme coins are highly volatile, mostly driven by market sentiment and meme hype, lacking real value or use cases. Investors should be aware of the risks.

According to Odaily, Justin Sun posted on X stating: "We still hold all the LIT we have purchased and remain bullish on Lighter in the long term. We are rebalancing our wallet and will soon redeposit into LLP." Earlier today, on-chain monitoring showed that an address related to Justin Sun withdrew 40.76 million USDC from Lighter LLP, and subsequently withdrew all of his USDC balance on Lighter, including the USDC he had previously deposited into LLP (with one withdrawal already made in early February). The total amount withdrawn was approximately 152 million USDC, accounting for about 17%–18% of the total USDC balance on the Lighter platform.

BlockBeats News, March 6, ABCDE Co-Founder Du Jun stated that he will return to entrepreneurship and plans to launch an institutional trading platform in the second quarter. Welcome new and old friends to show your support. Customer service Xiao Du will be online soon.