BOME · 88

Analysis: Behind PUMP's monthly doubling, positive ecological feedback is the main driver

Comparing news, PUMP has continued to rebound since hitting a low of $0.001 at the end of June. It has risen about 19% in the past 24 hours and is close to $0.004, up 36% on the 7th, 98% on the 30th, and about 116% on the 90th. The crypto market has picked up in the past two days. Bitcoin once surpassed 79,000 US dollars. Some meme coins, such as PEOPLE, NEIRO, and BOME, are on the Binance rise list, which is in line with the common rhythm of market recovery and memes taking the lead. However, PUMP's rise was significantly earlier than the current market round, starting about two months earlier. PUMP's strong rise this time is driven by its fundamentals: Pump.fun is forming a positive feedback cycle of revenue, buyback, and traffic. On-chain data shows that in the past 30 days, the platform's processing fee was about US$38.15 million and revenue was about US$29.19 million, second only to Tether, Circle, and Canton, surpassing agreements such as Hyperliquid, Polymarket, GMGN, and Tron. The window that appeared in Gold Fork coincided with the re-acceleration of revenue, the continuous repurchase and destruction of PUMP, and the return of users trading on the platform. Pump.fun uses 50% of revenue to buy back and destroy PUMP. The recent weekly fee revenue surpassed $10 million (one of the best levels since the end of January), corresponding to potential buyback pressure of around $5 million. The platform recently launched Callout Rewards and reduced Solana transaction fees to 0% and cross-chain fees to 0.1%, using revenue advantages to subsidize traffic and compete with users of imported products such as GMGN and Fomo. If active weekly and daily active trading users continue to reach new highs, PUMP's market narrative may shift from a simple meme platform coin to a trading portal with high cash flow. Overall, this round of growth was driven by technical signals and positive feedback from fundamentals, with revenue scale and repurchase mechanisms being the core supporting factors.

1d ago

Altcoin rally continues, ONG rises above 109% in 24 hours

Comparative news, according to HTX market data, altcoin gains continued as Bitcoin surpassed $7.5 million. Among them: ONG is currently priced at $0.1302, a 24-hour increase of 109.49%; NEIRO is currently priced at $0.0001098, a 24-hour increase of 59.71%; COLLECT is currently priced at $0.07143, a 24-hour increase of 45.39%; ENA is currently priced at $0.12931, a 24-hour increase of 39.25%; PEOPLE is currently priced at $0.010856, a 24-hour increase of 35.55%; BOME The current price is $0.0012523, a 24-hour increase of 34.74%; SPK is now priced at $0.01865, a 24-hour increase of 28.62%.

1d ago

A genius trader who has made millions of dollars in meme trading revealed that he has withdrawn 60 million yuan in the AI market

Comparing news, genius trader 0xLEAF (@3ethtomoon) posted an article on the X platform today stating that he is experiencing the darkest time in his life. I lost about 6000w this month. All of the money in the community was lost. According to public information, 0xLEAF entered the coin industry around 2021 and achieved hundreds of times profit through meme transactions such as BOME, MOONDENG, ACT, PNUT, and TRUMP. After the TRUMP coin wave, its CEX account once reached $6 million. However, the extreme AI market since this year has taken a turn for this well-known trader. Market ups and downs are inherently the norm in trading, and troughs are also often an opportunity for re-examination and settlement. I hope these traders, who have achieved impressive results, can regain their rhythm in the adjustments and continue to write their own stories in the future.

24d ago

What year is tonight? The established meme took over the monster coin market and led the cottage to continue its wild dance

Comparing the news, although RAVE, which surged 58x in half a month, temporarily stopped yesterday, woke up this morning and discovered that it was actually an old meme from three or four years ago that had taken the baton of the market. According to market information, ORDI, the established Bitcoin inscription leader, rose 70.6% in 24 hours, and the former Dragon 2 SATS also rose by nearly 30%. Neiro, the previous generation meme leader on Ethereum, also recorded an increase of 34.1% in a single day. The Solana ecosystem meme from two years ago ushered in a relatively modest general rise, with PNUT, MOONDENG, BOME, and GOAT all rising by more than 15% in a single day. On the other hand, the project token is no slouch. DeSci's leading BIO doubled in a single day and is now up 108.6%, while the NFT platform project BLUR has increased 35.4% in 24 hours. Users are reminded that currently, small market capitalization currencies fluctuate drastically, and users need to be careful when investing.

128d ago

Existing Meme and DeSci sector tokens generally rose, and BIO rose more than 98% in 24 hours

Comparative news, according to HTX market information, established meme and DeSci sector tokens generally rose, continuing their recent gains. Among them: Meme sector tokens: NEIRO is currently reporting $0.0000832, a 24-hour increase of 25.42%; PNUT now reports $0.0524, a 24-hour increase of 18.55%; BOME now reports $0.000456, a 24-hour increase of 10.41%. DeSci sector tokens: BIO now reports $0.0381, a 24-hour increase of 98.45%; VITA now reports $0.43, a 24-hour increase of 81.97%; TIG now reports $0.7382, a 24-hour increase of 22.3%.

128d ago

From Singapore to Solana: Rebalancing Efficiency, Prosperity, and Cost

Author: danny Original title: Using the logic of governing the country to reassess the public chain ecosystem: Looking at Solana's ecological transformation from the perspective of Singapore's prosperity and costs When we talk about public chains in a bear market, what are we discussing? Is it the price? Is it a community? Or governance? At a lower level, the problem is: running a public chain is essentially governing a digital country. Tokens are currencies, developers are citizens, dApps are industries, and on-chain governance is the government. If we re-examine Solana's development history from the perspective of governing the country, there is a clear logic behind many seemingly random decisions. Introduction: No one is born strong. On August 9, 1965, Lee Kuan Yew shed tears in front of the television camera. Singapore was “kicked out” of the federation by Malaysia and became a projectile island nation with no hinterland, no resources, and no army. No one expected it to survive. On November 11, 2022, FTX filed for bankruptcy. Solana's TVL evaporated more than 75% in a week, and the SOL price plummeted from $32 to $8. The OS of the entire crypto community: “Solana is over. “The beginning of the two stories is strikingly similar: an abandoned small entity struggling to survive in a hostile environment. And the path they later took — from attachment, to gray survival, to transformation and upgrading — can be compared almost frame-by-frame. What this article wants to discuss is not price, not community, but a lower-level issue: running a public chain is essentially governing a digital country. Tokens are currencies, developers are citizens, dApps are industries, and on-chain governance is the government. If we re-examine Solana's development history from the perspective of governing the country, there is a clear logic behind many seemingly random decisions. Chapter 1: The British Army Era — SBF and FTX's umbrella for the British military in Singapore in the early days of economic independence. One of the lifeblood of the economy was consumption and employment brought about by the British garrison. British military bases contributed about 20% of GDP at the time. Singapore is not unaware of the fragility of this dependency, but for a newborn country, it is unqualified to pick customers. Surviving is the number one priority. In 1968, the United Kingdom announced that it would withdraw all troops stationed east of the Suez Canal by 1971. For Singapore, this is tantamount to picking a salary from the bottom of a kettle. But it was this “abandonment” that forced Singapore to start thinking seriously: if the umbrella were gone, what would I live on? Solana's SBF Era (2020-2022) Solana mainnet was launched in March 2020, but it was Sam Bankman-Fried and his empire that really made it stand out from the many “Ethereum killers”. FTX and Alameda Research are not only the biggest funders in the Solana ecosystem, but also its credit supporters. Early ecosystem core projects such as Serum, Raydium, and Maps.me almost all had the deep participation of FTX capital. The Solana ecosystem during this period is very similar to Singapore when the British army was stationed: ostensibly prosperous, with good data (TVL once surpassed 12 billion US dollars), but the foundation was weak. A large amount of on-chain activity comes from Alameda's market-making capital circulating within the ecosystem, and the actual organic demand is far less healthy than the data shows. Singapore relies on British military spending, and Solana relies on SBF funding. The common characteristic of the two is that prosperity is real, but the sources of prosperity are exogenous, concentrated, and can disappear at any time. The collapse of the umbrella In November 2022, FTX went from being the second-largest exchange in the world to a pile of ruins within 72 hours. The impact on Solana was systemic: Serum's governance key was controlled by FTX, and the project was directly paralyzed; treasury assets of a large number of ecological projects were frozen in FTX; SOL's pledge concentration problems were revealed; market confidence returned to zero, and developers began to flow out. This is Solana's “1968 Moment.” The umbrella was not slowly removed; it was blown up overnight. Chapter 2: How to survive in a small country without resources — Solana's bottom endowment Singapore's “only resource”: Geographic location Singapore has no oil, no minerals, and even fresh water must be imported from Malaysia. But it has one thing God gave it: the location of the Malacca Strait's throat. About 25% of the world's shipping trade passes through here. Lee Kuan Yew understood one thing a long time ago: I don't need resources; I just need to be the best place to circulate resources...

155d agoLuxurytracy

The altcoin market picked up, and G rose more than 80% in 24 hours

Comparative news, according to HTX market data, the cryptocurrency market rose above $74,400 in a short period of time, and the altcoin market is picking up: · G rose more than 80% in 24 hours, and the market capitalization rebounded to $58 million; · REZ rose more than 24% in 24 hours, and the market value rebounded to $27 million; · PEPE rose more than 17% in 24 hours, and the market value recovered to US$1.63 billion; · DOT rose more than 13% in 24 hours, and the market value returned It rose to US$2.71 billion; · BOME rose more than 12% in 24 hours, and its market capitalization recovered to US$33.8 million; · WIF rose more than 10% in 24 hours and its market capitalization rebounded to US$184 million; · FET rose more than 10% in 24 hours, and its market capitalization rose to $570 million; · BONK rose more than 10% in 24 hours, and its market value recovered to $580 million.

159d ago

Binance will remove spot trading pairs such as AI/BTC, ALLO/BNB, and APE/BTC

In comparison, Binance will remove and stop trading the following spot trading pairs: AI/BTC, ALLO/BNB, APE/BTC, AUCTION/BTC, BOME/FDUSD, DYDX/FDUSD, ENA/BNB, FIL/ETH, ID/BTC, KITE/BNB, LDO/BTC, LRC/ETH, NMR/BTC, PENGU/FDUSD, PNUT/ BTC, PYR/BTC, STRK/FDUSD, XVG/ETH, YFI/BTC, and ZIL/ETH. Removing a spot trading pair will not affect the availability of the relevant token on the Binance spot market. Users can still trade the underlying assets and denominated assets in these trading pairs through other trading pairs available on Binance.

212d ago

The founder of BOME, a well-known meme coin, published a map similar to Crying and Crying. The latter's top address has already surged in excess of 100,000 US dollars

Comparative news, according to GMGN market information, Crying and Crying Ma Bangyi bought a heavy position of 1,270 US dollars at a market capitalization of only 56,700 US dollars, holding 2% of the token, and now has a profit of over 100,000 US dollars. @Darkfarms1, founder of the well-known meme coin BOME, posted a plot similar to Crying Horses 1 hour ago, or the main driving force behind boosting the token by 5 times in a short period of time. Users are reminded that meme coin transactions are highly volatile, rely mostly on market sentiment and conceptual hype, and have no actual value or use cases. Investors should be aware of risks.

220d ago

Bitcoin came out of the pullback with established memes, falling more than 90% in a single day in 114514

Comparative news, according to HTX market data, Bitcoin showed a pullback after starting a round of gains at the beginning of the year. As of press time, the price was 92,488 US dollars. 114514, which once set off a meme boom yesterday, hit an all-time high of 57.03 million US dollars, has fallen by more than 90% in 1 day, leaving only 3.91 million US dollars. The previous strong meme coin also showed a certain decline in price from the high point of the current round of rebound. Among them: · PEPE fell 10%, now the price is 0.00000653 US dollars · NEIRO is 9.34%, the current price is 0.000143 dollars · FLOKI is 9.64%, the current price is 0.0000559 dollars · PENGU is down 7.36%, now the price is 0.0128 · BONK is down 13.51%, now the price is 0.0000116 USD · PNUT retraced 14.66%, now priced at $0.09 · BOME fell 11.84% and is now at $0.000774

227d ago