February 10th Market Key Insights, How Much Did You Miss Out On?

By: blockbeats|2025/02/10 19:00:03

Top News

1. Bithumb to List COOKIE

2. BURGER Proposes Brand Reshaping to SI, Involving Token Symbol and Contract Migration

3. Holoworld AI: Agent Market Goes Live on BNB Chain

4. Matrixport: Ethereum Could Continue to Face Pressure, March Upgrade Met with Lukewarm Market Sentiment

5. Ethereum Spot ETF Sees $420M Net Inflows Last Week, Nine ETFs See No Outflows

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

[PUMP] Today, discussions about PUMP mainly focused on the upcoming $PUMP token by Pumpfun, which is expected to be distributed through a Dutch auction model. This has garnered widespread attention and speculation, with some users expressing doubt about the token's utility and potential regulatory risks. Despite denials from Pumpfun's co-founder, rumors about the issuance document are still circulating, fueled by the platform's substantial revenue. The discussion also highlighted the platform's influence in the crypto space, comparing it to other projects, while also expressing concerns about market saturation.

[BNB] Today, discussions about BNB revolved around its revival in the crypto market, largely driven by meme coins like TST and Cheems being listed on Binance. This has led to a significant increase in trading volume and market attention, with the BNB chain seen as having the potential to compete with other blockchains like Solana. The community is actively discussing Binance and its CEO CZ's strategic moves, especially revitalizing the BNB ecosystem through meme coins and AI innovation. Overall sentiment is positive, with many believing this is a crucial moment for BNB's growth.

[MEGAETH] MEGAETH has gained widespread attention due to its upcoming NFT project, "The Fluffle," which will release 10,000 Soul-Bound Tokens (SBTs) on Ethereum. The minting will be conducted in two phases, with 1,500 NFTs allocated for a guaranteed sale and the remaining 3,500 distributed on a first-come, first-served basis. The project's fully diluted valuation stands at $5.2 billion, with at least 5% of the tokens allocated to NFT holders. The community is actively discussing the project's potential competition with Solana and its innovation in Ethereum's scalability, claiming to process 100,000 transactions per second. The project's unique whitelist process and commitment to a high-performance blockchain ecosystem have further heightened expectations.

[RAY] Today, discussions about RAY mainly focus on its key role in the DeFi space, with Raydium being seen as a dominant spot DEX that has handled a significant volume of trades during the recent meme coin craze. The network effects of Solana, particularly through platforms like Pump.fun, have propelled Raydium to new highs, showcasing its potential in the rapidly evolving crypto market. Additionally, Raydium's performance in active wallet user numbers and its position in DEX rankings by TVL further demonstrate its growing influence.

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February 10th Market Key Insights, How Much Did You Miss Out On?

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Featured Articles

1.《Why Did Tether Invest Over $770 Million in the Video Platform Rumble?》

Nancy, PANews

Regarding this investment, Rumble CEO Chris Pavlovski previously revealed in an interview with Barstool Sports founder Dave Portnoy that the investment will drive Rumble's global expansion, attract new creators, and redefine the meaning of a free speech platform. Additionally, Pavlovski mentioned the impact of Trump's election on Rumble's mission, believing that the collaboration with Tether will help Rumble expand globally, especially in regions where free speech is restricted. Integrating cryptocurrency will change how creators monetize their content, providing crypto-based tipping and payment options to reduce reliance on centralized systems. Furthermore, Tether's choice to invest in Rumble may be related to the close ties between the two and Trump, as well as its desire to expand its business footprint in the US.

2.《Ethereum Spot ETF Continues to See Inflows, Why Does ETH Price Remain Stagnant?》

Azuma, Odaily Planet Daily

During this cycle, ETH's performance has significantly lagged behind the overall market. Some attribute this to "heavy load and difficult to pull," some blame the Ethereum Foundation (EF) for "miscoordination," and this past weekend, Layer 2 once again became the target of community criticism. On February 9, in the previous cycle's DeFi deity, now Sonic co-founder Andre Cronje (AC) published a post on X, angrily criticizing Layer 2 for profitably siphoning off transaction fee revenue through continuous selling, becoming a parasite on Ethereum.