Last Night’s Crypto Highlights — Catch up fast

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🚨A collection of last night’s Crypto breaking news!

1⃣ #ZORA rose more than 64% in 24 hours to a record high, with a market value of US$737 million. The surge in activity among platform creators has boosted its popularity. The Binance perpetual contract rate has tilted to -0.7%, so be careful of short squeezes.

2⃣ #ENA continues to rise, temporarily reported at 0.63, with a market value of 9.5 billion, which may be due to the Ethena Foundation repurchasing 83 million tokens in the open market. It is worth noting that an address associated with a project party transferred 150 million ENA (77.35 million US dollars) to the exchange.

3⃣ #PUMP rebounded from the bottom, and the market value rose from 2.3 billion to 2.8 billion. According to the news, pumpfun may launch a trading volume incentive plan.

4⃣ #MEMECOIN once broke through 0.05 USD, and its current market value is 41 million, making it the second largest token in the #BONK series. The first largest token is still #USELESS with a market value of 370 million.

5⃣ Cathie Wood: The surge in demand for #ETH staking redemptions may be due to Robinhood offering a 2% reward, which has caused investors to transfer their staked ETH to treasury companies (DATs). Is this the reason for the decline in #LIDO's market share?

6⃣ #CVX rose strongly, and screenshots of institutions such as Jump Capital continuously increasing their positions were widely circulated on social platforms, becoming the catalyst for this round of rise. DeFi tokens are currently relatively strong.

7⃣ #REKT has risen for 4 consecutive months, with a market value of over 430 million US dollars, a record high. This is a MEME based on the NFT community. Note that the transaction volume of this project does not match the market value, which is only 5.7M in 24 hours.

8⃣Survey: 14% of American adults own cryptocurrencies, and 64% of investors believe they are extremely risky.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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