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VIPBitget VIP Weekly Research InsightsOn August 12, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its goal is to provide creators with a convenient and cost-effective token issuance solution. As of August 21, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have shown astonishing performance. For example, SUNDOG increased by 10,156 times within 5 days and 8 hours of its creation, and FOFAR increased by 6176 times in 4 days and 6 hours. These skyrocketing memecoins have attracted significant attention from investors.
VIPBitget VIP Weekly Research InsightsSince Q2 2024, despite the overall decline in the cryptocurrency market, one ecosystem has bucked the trend and delivered exceptional returns—the TON ecosystem. The price of TON has surged by over 3.5x since the beginning of the year and is currently fluctuating around $7, near its all-time high. Backed by Telegram's nearly 1 billion users, the TON ecosystem has developed a range of unique applications that have recently become a focal point within the community.
VIPBitget VIP Weekly Research InsightsThe uncertainty surrounding macroeconomic conditions and market reactions makes it challenging to predict short-term and mid-term market trends, with both black-swan and white-swan events possible at any time. Therefore, a rational approach would be to maintain a balanced position and reserve funds for potential dip-buying opportunities. In our last issue, we recommended several passive income products on Bitget. Now, we will introduce additional products based on USDT/USDC, BTC, and SOL, available both on Bitget and their respective blockchains. (While ETH-related LST and restaking projects have shown the highest potential returns lately, they are not included in our recommendations this time due to the high uncertainty of LST projects and their lack of flexibility in unstaking.)
VIPBitget VIP Weekly Research InsightsAs global market risks intensified this week, crypto assets across sectors experienced significant corrections and poor performance. Passive income products from centralized exchanges can offer low-risk returns despite market volatility by utilizing diversified portfolios to mitigate downside risks. This week, we recommend Bitget Earn's passive income products for our key clients.
VIPBitget VIP Weekly Research InsightsOn July 27 (local time), the current Republican presidential candidate Donald Trump attended the Bitcoin Conference. Essentially, the purpose of his appearance was to rally the mining community in the United States. The conference announced positive news for the mining industry, with a 12% increase in KAS over the past seven days and a noticeable net inflow of funds and traffic, indicating a certain wealth effect.
VIPBitget VIP Weekly Research Insights (7.26)In the past three weeks, SOL's price has rebounded strongly from a low of $120 to a high of $185 on July 21. This represents a robust recovery of over 50%, surpassing the rebound seen in BTC, ETH, and most other high-cap altcoins, becoming a strength eco-project worth focusing on.
VIPRecommended high-quality projects for major clients (July 10) — Ethereum ecosystem assets
VIPRecommended high-quality projects for major clients (June 25) — Bitget Earn projects 
VIPRecommended high-quality projects for major clients (June 12) — On-chain Earn projects
VIPRecommended high-quality projects for major clients — June 5- 06:38The designer of the Russian digital ruble is about to resignThe Central Bank of Russia announced that its First Deputy Governor, Olga Skorobogatova, will resign on December 2. She had worked in the private sector until joining the central bank in 2014. Skorobogatova was responsible for overseeing the national payment system, IT and financial technology, including the digital ruble central bank digital currency (CBDC). Her position will be taken over by Zulfiya Kakhrumanova, the central bank's IT director. The first deputy governor Dmitry Tulin will be responsible for overseeing the national payment system.The digital ruble is planned to be widely launched in July 2025 when large banks will have an obligation to support CBDC. The second batch of banks originally planned to join this program in January 2024 but has not yet been realized as of October.
- 06:30World has over 17 million global usersOpenAI founder Sam Altman's World Project (formerly known as Worldcoin) announced in X that it has over 17 million users worldwide
- 06:29Jim Cramer favors BTC over MicroStrategy stocks: Bitcoin is the winnerCNBC "Mad Money" host Jim Cramer shared his views on Bitcoin and MicroStrategy stock (MSTR) this week. During the show, a caller told Cramer: "I've been holding this stock since 2023, and it's currently up over 1,000%. I don't plan to sell it. In fact, after the recent adjustment, I plan to buy more." Cramer commented on this: "I have to tell you that this is a Bitcoin game. I prefer actually owning Bitcoin." He mentioned that Citron recently shorted it to some extent and suggested: "All I can tell you is own Bitcoin. That's the winner."
