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VIPBitget VIP Weekly Research InsightsMemecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.
- 18:18Barclays: Fed Expected to Begin Rate Cuts in SeptemberAccording to Jinse Finance, Barclays expects the Federal Reserve to begin cutting interest rates in September, earlier than the previous forecast of December.
- 18:07ETHZilla shares plunge over 31% intraday in US market, market cap falls to $511 millionAccording to ChainCatcher, market data shows that US-listed Ethereum reserve company ETHZilla (formerly 180 Life Sciences) saw its share price drop by over 31% during trading, with its market capitalization falling to $511 million. ChainCatcher also reported earlier that on August 15, ETHZilla's Ethereum holdings had increased to approximately 82,200 ETH, surpassing BTCS and ranking 10th among Ethereum treasury companies by holdings.
- 17:59Top HYPE Holders Are Going Long on XPL, Holding $5.2 Million in Long PositionsAccording to ChainCatcher, on-chain data shows that a top HYPE holder is currently going long on XPL. This individual has used 380,000 KHYPE (worth $16.8 million) as collateral on Morpho to borrow 5.6 million USDT, and is currently holding a long position of 11 million XPL (worth $5.2 million). Their entry price is $0.49178, with a liquidation price of $0.26422, and they are currently facing an unrealized loss of $57,000.