Key market information gap on October 25, must read! ｜Alpha Morning News

Featured News

1.Grass' first round of airdrops will start at 21:30 on October 28

2.Ai concept Meme coins weakened, ACT and GNON fell more than 70% from yesterday's highs

3.Magic Eden: ME test coin will be launched on October 29

4.MEW market value exceeds 10 5. Arkham: US government address stolen, $20 million lost, attackers have begun to transfer assets Articles & Threads 1. "On the other side of Nvidia's record high, AI's abstract body brought $800 million" Jaleel, BlockBeats In the past two weeks, the currency circle has staged a phenomenal meme show - $GOAT, a currency that generally represents the "stalk" culture, has soared to $800 million in market value in a few days. What is the concept of a $800 million market value? It is an unprecedented record in the history of cryptocurrency. A meme went from zero to $800 million in value in less than two weeks, without the help of Binance, the world's largest trading platform. This is unprecedented. The driving force behind this phenomenal meme turned out to be an AI Twitter account. Yes, you heard it right - AI has begun to intervene in the cryptocurrency market.

2.《The Rise of $GOAT: Meme Religion and AI Gods》

@hmalviya9

This article mainly expresses that the combination of Meme coin and AI has formed a religious phenomenon, namely "Meme religion". By analogy with traditional religion, it shows that MEME coin is not just an investment tool. It creates a digital belief system driven by the desire for wealth through the combination with AI technology. In this system, MEME coin is regarded as a sacred symbol, and AI acts as a "god" to guide and manipulate the beliefs and investment behaviors of believers through algorithms. At the same time, it points out that the greed, hope and disappointment behind this virtual religion reflect the disillusionment of contemporary society with traditional wealth paths.

Selected data

1. Truth Terminal wallet data dashboard

Source: @seoul

2. Market attention data dashboard

Source: @yoya

DeFi dynamics

Daily DeFi market funds and transaction volume changes, filtered and arranged by DEX aggregator and Perp DEX transaction volume and growth rate

Data source: DeFiLlama

DEX Aggregator daily trading volume changes

1.7K Aggregator (Sui Ecosystem)

24-hour trading volume increase: +59.92%

7-day cumulative trading volume increase: +43.85%

24-hour trading volume: $12.67m

7-day cumulative trading volume: $66.69m

2.Rubic (Multi-chain)

24-hour trading volume increase: +70.93%

7-day cumulative trading volume increase: +139%

24-hour trading volume: $2.42m

7-day cumulative trading volume: $10.6m

Perp DEX Daily trading volume changes

1.JOJO (Base ecosystem)

24-hour trading volume increase: +51.77%

7-day cumulative trading volume increase: +47.81%

24-hour trading volume: $163m

7-day cumulative trading volume: $890.2m

Market data

Daily observation of the overall market capital heat (reflected by the funding rate) and inflows and outflows (reflected by ETF inflows and outflows)

Data source: Coinglass, Sososvalue, TokenUnlocks

Funding Rate

Token unlocking