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Key Market Intelligence on October 22nd, how much did you miss?
Featured News
1.Meme Coin 'Sorarara' Surges to a Market Cap of Over $20 Million, Hitting an All-Time High
2.Spot Gold Plunges 6%, Marking Its Largest Drop in Over 12 Years as Analysts Warn of Bubble Risk
3.Public Blockchain Kadena Announces Shutdown, KDA Plunges Over 60% in 24 Hours
4.US Department Store Chain Bealls Announces Acceptance of Cryptocurrency Payments
5.Over $528 Million Liquidated in the Past 24 Hours as Longs and Shorts Both Get Rekt
Articles & Threads
Within minutes, it raised $50 million, priced at $0.05 per token, with a direct 20x return listing and soaring to a peak that brought ICO investors returns as high as 3260%. The success of the Plasma ICO almost made everyone realize that the ICO craze may be about to return. From that moment on, all eyes turned to the platform behind it—Echo. It not only carried the explosion of Plasma but also, with the brand-new Sonar feature, seeks to reshape the rules of initial offerings
2.《Behind the Popularity of 'Sorarara', Meme Creator Earns from Protocol for the First Time》
A few days ago, the social protocol platform Trends launched the "Chinese Name Collection for Solana" activity, and set up a 100 SOL prize pool for the event. Users were required to quote retweet the official tweet and suggest a Chinese name for Solana to participate. After the activity started, the Solana official account, Solana founder Toly, and Solana Foundation Chair Lily Liu all retweeted Trends' activity tweet and actively engaged with the community during the event. A large number of players enthusiastically participated, including users from the English-speaking community.
Market Data
Daily market overall funding heat (reflected by funding rate) and token unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate
Token Unlocks
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