Key Market Intelligence on March 26th, how much did you miss?

Top News

1.WalletConnect Community Votes in Favor of "WCT Transferability" Proposal

2.Pump.fun Co-founder: No Dispute with Raydium, Excited to See Other Teams Propose New Mechanisms

3.Nansen: Smart Money Still Bullish on AI Concept Meme Coins

4.USDT's Total Market Cap Surpasses $144 Billion, Reaching an All-Time High

5.TaoFi to Launch Ethereum to Bittensor EVM Stablecoin Bridge on the 26th

Trending Topics

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

PARTICLENETWORK
Today, Particle Network's $PARTI token has garnered significant attention due to an airdrop event and its listing on major exchanges such as Binance and OKX. The token, as a core part of its "Chain Abstraction" plan, aims to enhance the Web3 user experience by simplifying cross-chain interactions. The airdrop accounts for 9% of the total supply, covering early users and participants in multiple rounds of activities. The tokenomics show a total supply of 1 billion tokens, with the current circulating supply at 23.3%. Community discussions focus on token staking features, gas fee discounts, liquidity incentive utility, as well as ecosystem partnerships and future distribution plans.

MOVEMENT
Today, the key topic of MOVEMENT "MOVE" revolves around Binance's penalty against a certain market maker. The market maker was accused of illicitly selling 66 million MOVE tokens and profiting $38 million. In response, Movement Labs announced a $38 million buyback plan, committing to repurchase MOVE over the next three months to restore ecosystem liquidity and trust. This event has sparked polarized reactions: some support the project's transparent crisis management, while others question the oversight of market maker regulation. Stimulated by the buyback news, the MOVE price has significantly rebounded, becoming a hot topic in the crypto community.

GME
After GameStop announced the integration of Bitcoin into the company's treasury reserve assets, it quickly ignited Twitter discussions. This move was seen as a strategic shift to align with the trend of institutional Bitcoin holdings. The market sentiment was generally positive, with many speculating on the impact of this decision on its financial strategy and stock price. The quarterly report, released simultaneously with the announcement, showed significant improvements in net income and cash reserves, further increasing investor attention.

Featured Articles

1.《Pump.fun Founder Accidentally Reveals Face on Podcast, Related Memes Censored》

Recently, Pump.fun founder Alon was interviewed on the "Ethereum-native" podcast show Bankless, and at 21 minutes 44 seconds, half of his true face was revealed, leading to someone reconstructing Alon's full-face photo. The conversation, originally intended to discuss product philosophy, turned into a trial on whether "meme coins should exist," as Ethereum purists clashed with Solana's ecosystem's most successful anonymous developer.

2.《Asia's Cryptocurrency Battlefield Heating Up: Robinhood and Coinbase's "Eastward Expansion"》

This article details the expansion of Western centralized exchanges (CEX) into the Asian market, with companies like Robinhood and Coinbase expanding into Asia, leveraging regulatory-friendly hubs and localization strategies to tap into the market. Local exchanges, with their strong market positions, continue to maintain a competitive advantage, posing formidable competition for Western exchanges in the battle for dominance in the Asian market.

On-Chain Data

On-Chain Fund Flows for the Week of March 26