Key Points of the Attention Value Market

Market行情

Macroeconomic environment

A well-known media outlet commented in a column about the issuance of digital tokens by a political figure, pointing out that this could trigger a constitutional crisis. Although the new head of the regulatory agency may introduce more crypto-friendly policies, fundamental legal principles remain unchanged, and personal preferences of leaders cannot override existing securities laws. The article also noted that the launch of the token reveals a fundamental contradiction in contemporary politics. This political figure claims to support the cryptocurrency industry, promising to turn the country into a "global cryptocurrency hub," but the structure and timing of the digital token project raise concerns about the fusion of personal interests and political power. Token ownership is concentrated in companies associated with him, and the timing of the issuance coincides with the eve of his inauguration, which raises doubts about his true intentions.

web3 field

The cryptocurrency market is generally experiencing a correction, with the AI Agents sector down 12.08% in the last 24 hours. Major AI tokens such as AI16Z, ARC, AVA, and ACT have decreased by 29.83%, 23.69%, 32.92%, and 29.18%, respectively. FARTCOIN has risen against the trend by 16.74%. The DeFAI sector has seen a drop of 14.90%, and GRIFFAIN has fallen by 12.05%. The CeFi sector is down 3.28%, PayFi down 6.75%, DeFi down 6.94%, Layer 1 down 6.99%, and the Meme sector has decreased by 7.53%. Bitcoin briefly fell below the $100,000 mark, with the latest price at $102,499.

Hot Events

Macroeconomic Environment

The police in Busan, South Korea, announced that a criminal gang led by a former professional football player has been charged with money laundering for gambling websites through a fake cryptocurrency trading platform, involving an amount as high as 1.1 trillion won (approximately 756.8 million USD). The gang employed active corporate security software developers to create fake trading platforms from January 2022 to September 2023, utilizing over 200 bank accounts to collect gambling funds from 66,802 members, and profiting about 10 billion won (approximately 6.88 million USD) by charging a 0.1% transaction fee. The police also discovered that the gang lured 80 minors into gambling using deepfake celebrity videos. Currently, 8 people have been arrested, and 11 others are facing non-custodial charges.

web3 field

A cross-chain communication protocol has announced a partnership with an international payment institution to launch a cross-border crypto asset payment card called Fuji Card, aimed at promoting the use of crypto assets in everyday payments, including for daily necessities, cross-border remittances, and DeFi services, further enhancing the popularity and practicality of crypto assets. The issuance of Fuji Card will be supported by the blockchain technology of the protocol, while the One Account One Gas (OAOG) protocol will provide users with a smooth experience. Additionally, Fuji Card will introduce high-quality Web3 projects within the ecosystem, offering users rich value-added rights and airdrop opportunities, further enhancing user experience and ecosystem value. The protocol plans to build a seamless bridge between crypto assets and real-world applications through a social crypto legal cross-border payment card, providing users with secure, inclusive, and beneficial financial services.

Hot Narrative

Two days before a certain politician is about to take office, he launched his personal meme coin, which quickly sparked a market frenzy. According to data from a platform, the coin opened at $0.1824 and saw an increase of over 15,000% within 12 hours, reaching a peak of $84, with its market capitalization once nearing $80 billion. Shortly after, the politician's wife also launched her own cryptocurrency, which broke through $5 shortly after going live, with a market cap exceeding $5 billion. However, this series of coin launches had a huge impact on the market, with the former plummeting 60% within 30 minutes after the latter's launch, while other mainstream cryptocurrencies also saw significant declines. Analysts believe this phenomenon reflects the market's frenzied pursuit and rapid shift towards these new coins. Influencers on social media also commented that cryptocurrencies seem to have become the business of this politician's family. The politician's family holds 80% of the total supply of tokens through their company, which means their selling actions could have a significant impact on the market. In addition, the politician appointed someone to be in charge of cryptocurrency and artificial intelligence affairs, indicating his policy support for the crypto industry. Although the performance of these new coins is eye-catching in the short term, analysts warn that such high volatility and speculation may bring risks, and investors should be cautious with such meme coins to avoid losses.

Attention Value - Hot Projects

Project Introduction

$quarm | AI

• Quarm is a proxy cluster system used to coordinate dedicated AI agents in handling queries.

• The project's current development progress is quite preliminary, with only 4 stars. The most recent code submission was 3 days ago, with a total of only three commits: the first was for initializing the repository, the second for updating the code, and the third only updated the documentation. The code has few dependencies, using only a library from a certain AI company. The project's agents directory contains five files, including a simple chatbot code and an API server code. The API server provides two interfaces by setting up a web server to receive user requests. The core functionality is mainly concentrated in the swarm.py file. According to the AI's summary, this file implements a multi-agent AI system capable of handling user queries ranging from simple to complex.

• Development team holdings: a total purchase of 120M, accounting for 12% of the total supply. Among them, 5% is transferred to AI16Z DAO, 5% is locked until July 17, and 1% is held by the development team.

Attention Value - Sector Rotation

Trending Sections

Internal Section