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Data: 99.6% of pump.fun traders have not made profits exceeding $10,000
According to the latest Dune data, 99.6% of pump.fun traders have not yet locked in profits exceeding $10,000. However, an on-chain analyst stated that these data do not clearly reflect how many cryptocurrency traders actually made a profit on this platform. According to Dune data, among the 13.55 million wallet addresses on the Pump.fun platform, approximately 55,296 addresses have realized profits exceeding $10,000. The data shows that six-figure and seven-figure profits are even rarer: only 0.048% of traders achieved more than $100,000 in profit and only 0.00217% of traders achieved over one million dollars in profit (about 293 wallets).
According to the latest Dune data, 99.6% of pump.fun traders have not yet locked in profits exceeding $10,000. However, an on-chain analyst stated that these data do not clearly reflect how many cryptocurrency traders actually made a profit on this platform. According to Dune data, among the 13.55 million wallet addresses on the Pump.fun platform, approximately 55,296 addresses have realized profits exceeding $10,000. The data shows that six-figure and seven-figure profits are even rarer: only 0.048% of traders achieved more than $100,000 in profit and only 0.00217% of traders achieved over one million dollars in profit (about 293 wallets).
Cryptanalyst: The risk in this cycle has reached its peak for the first time, and there is still a large space for profit realization before the price recovers
Cryptocurrency analyst Willy Woo posted on platform X, stating that Bitcoin users seem to be very optimistic, but should exercise caution in the coming months. In this cycle, risk has peaked for the first time with a large amount of Bitcoin being sold for profit and there is still plenty of room for profit realization before prices truly return to normal.
Cryptocurrency analyst Willy Woo posted on platform X, stating that Bitcoin users seem to be very optimistic, but should exercise caution in the coming months. In this cycle, risk has peaked for the first time with a large amount of Bitcoin being sold for profit and there is still plenty of room for profit realization before prices truly return to normal.
DWF Labs Joint Creation: Participated in a transaction of 150 MhW tokenized electricity
DWF Labs announced on the X platform that it has participated in a transaction of 150 MhW tokenized electricity. Although it's not much, great things always start small. One of DWF Labs' goals is to create a global tokenization framework and market for tokenized energy, which is efficient, transparent, and borderless.
DWF Labs announced on the X platform that it has participated in a transaction of 150 MhW tokenized electricity. Although it's not much, great things always start small. One of DWF Labs' goals is to create a global tokenization framework and market for tokenized energy, which is efficient, transparent, and borderless.
The cross-chain settlement layer Union has established a foundation and will release a token economic model
The cross-chain settlement layer Union has announced the launch of the Union Foundation. The Union Foundation is an independent organization dedicated to building a safer, decentralized, and interoperable Web3. Its core focus is on funding initiatives that support the Union network, and it encourages its development through maintenance, continuous development, and creation of decentralized applications (dApps), including grant programs and the Union Fellowship program. The Union Foundation has announced that it will soon release a token economic model, and the mainnet of Union will also be launched soon.
The cross-chain settlement layer Union has announced the launch of the Union Foundation. The Union Foundation is an independent organization dedicated to building a safer, decentralized, and interoperable Web3. Its core focus is on funding initiatives that support the Union network, and it encourages its development through maintenance, continuous development, and creation of decentralized applications (dApps), including grant programs and the Union Fellowship program. The Union Foundation has announced that it will soon release a token economic model, and the mainnet of Union will also be launched soon.
The New York Attorney General seeks to subpoena the fraudster who stole $2.2 million in cryptocurrency through NFTs
New York State Attorney General Letitia James is suing a fraudster suspected of stealing $2.2 million worth of cryptocurrency. James' office said on Thursday that they plan to subpoena these unidentified scammers by placing an NFT in the scammer's cryptocurrency wallet. The NFT will contain a link to a website with documents detailing the lawsuit. The office stated this would be the first time regulators use an NFT to subpoena alleged criminals.
New York State Attorney General Letitia James is suing a fraudster suspected of stealing $2.2 million worth of cryptocurrency. James' office said on Thursday that they plan to subpoena these unidentified scammers by placing an NFT in the scammer's cryptocurrency wallet. The NFT will contain a link to a website with documents detailing the lawsuit. The office stated this would be the first time regulators use an NFT to subpoena alleged criminals.
After unanchoring from USD0++, Usual plans to activate the profit switch function and initiate 1:1 early redemption of collateral to stabilize the ecosystem
RWA stablecoin issuer Usual announced on the X platform that it has recognized the significant community response triggered by its collateralized stablecoin USD0++ deviating significantly from 1 US dollar. Therefore, a series of measures will be launched to address user concerns and stabilize the ecosystem.
It is reported that the "Revenue Switch" feature is scheduled to launch on January 13th, allowing Usual Protocol to share its earnings from real-world assets and protocol operations with the community. The team expects monthly income to be about $5 million, under current conditions annual return rate will exceed 50%. These distributions will take place once a week in order to consolidate USUAL's actual value, balance its economic model and revenue generated by the protocol. (The Revenue Switch function of Usual will officially start when more than 50% of USUAL tokens are pledged as USUALx. If this requirement is not met, it will automatically activate on February 1st, 2025. Once activated, all profits (up to $5 million per month) will flow towards those who have staked their holdings in USUALx in form of USD0.)
In addition, the Usual Protocol team also stated that they would launch a "1:1 Early Redemption" feature next week which allows users to exchange USD0++ at an exchange rate of one dollar but requires them to forfeit some accumulated rewards as punishment.
RWA stablecoin issuer Usual announced on the X platform that it has recognized the significant community response triggered by its collateralized stablecoin USD0++ deviating significantly from 1 US dollar. Therefore, a series of measures will be launched to address user concerns and stabilize the ecosystem.
It is reported that the "Revenue Switch" feature is scheduled to launch on January 13th, allowing Usual Protocol to share its earnings from real-world assets and protocol operations with the community. The team expects monthly income to be about $5 million, under current conditions annual return rate will exceed 50%. These distributions will take place once a week in order to consolidate USUAL's actual value, balance its economic model and revenue generated by the protocol. (The Revenue Switch function of Usual will officially start when more than 50% of USUAL tokens are pledged as USUALx. If this requirement is not met, it will automatically activate on February 1st, 2025. Once activated, all profits (up to $5 million per month) will flow towards those who have staked their holdings in USUALx in form of USD0.)
In addition, the Usual Protocol team also stated that they would launch a "1:1 Early Redemption" feature next week which allows users to exchange USD0++ at an exchange rate of one dollar but requires them to forfeit some accumulated rewards as punishment.
Swell announces that Wavedrop 2 checker has been launched
On January 11, the re-pledging platform Swell announced that the Wavedrop 2 checker is now online, and users can now check the rewards they can claim in Wavedrop 2. Swell also stated that claims are expected to open on January 22, and Wavedrop 1 claims will also be reopened on Swellchain at the same time, which is currently suspended for convenience of migration from the main network.
On January 11, the re-pledging platform Swell announced that the Wavedrop 2 checker is now online, and users can now check the rewards they can claim in Wavedrop 2. Swell also stated that claims are expected to open on January 22, and Wavedrop 1 claims will also be reopened on Swellchain at the same time, which is currently suspended for convenience of migration from the main network.
The total Gas consumption on the Base chain has broken through 25,000 ETH
The latest data from the on-chain analysis platform, Dune Analytics, shows that the total Gas consumption on Base chain has exceeded 25,000 ETH, reaching 26,779.4438 ETH with an average Gas usage cost of approximately $0.0566 (0.000018159 ETH). In addition, the total transaction volume on Base chain has surpassed 1.5 billion transactions (reaching 1.501 billion), the number of blocks has reached about 24.75 million and there have been a total of 18,453,159 contracts created on-chain.
The latest data from the on-chain analysis platform, Dune Analytics, shows that the total Gas consumption on Base chain has exceeded 25,000 ETH, reaching 26,779.4438 ETH with an average Gas usage cost of approximately $0.0566 (0.000018159 ETH). In addition, the total transaction volume on Base chain has surpassed 1.5 billion transactions (reaching 1.501 billion), the number of blocks has reached about 24.75 million and there have been a total of 18,453,159 contracts created on-chain.
Analysis: The market is focused on whether Ethereum can break through the short-term key resistance level of $3300
According to News.bitcoin, Ethereum is currently maintaining at the $3,273 range. The market is focusing on the short-term key resistance level of $3,300, which could be a crucial level determining Ethereum's next move. Here is a brief analysis:
Intraday range: As of January 11th, it was between $3,192 and $3,322;
After falling sharply from $4,111 dollars, it is now consolidating between $3,200-$3,300;
Breaking through $3,400 may indicate bullish potential while dropping below $3100 would confirm a bearish trend;
Short-term resistance lies at 3300 dollars; increased trading volume indicates strong selling pressure;
The oscillation index shows neutrality but MACD suggests a bearish momentum;
Currently moving averages favor sellers with key support levels near 3265 dollars and 3109 dollars.
According to News.bitcoin, Ethereum is currently maintaining at the $3,273 range. The market is focusing on the short-term key resistance level of $3,300, which could be a crucial level determining Ethereum's next move. Here is a brief analysis:
Intraday range: As of January 11th, it was between $3,192 and $3,322;
After falling sharply from $4,111 dollars, it is now consolidating between $3,200-$3,300;
Breaking through $3,400 may indicate bullish potential while dropping below $3100 would confirm a bearish trend;
Short-term resistance lies at 3300 dollars; increased trading volume indicates strong selling pressure;
The oscillation index shows neutrality but MACD suggests a bearish momentum;
Currently moving averages favor sellers with key support levels near 3265 dollars and 3109 dollars.
a16z co-founder Shaw responds to Vitalik: Need to ensure everyone can invest/fund and get returns from labor
In response to Ethereum co-founder Vitalik Buterin's proposal to create a funding structure and sustainably incentivize open source, open standards, and security as truly important matters, ai16z co-founder Shaw responded: "As we enter a world of automated labor that is almost free, it is crucial to ensure everyone has sufficient income. This cannot be an act of charity because we need to make sure everyone can invest/fund and get returns from their work."
In response to Ethereum co-founder Vitalik Buterin's proposal to create a funding structure and sustainably incentivize open source, open standards, and security as truly important matters, ai16z co-founder Shaw responded: "As we enter a world of automated labor that is almost free, it is crucial to ensure everyone has sufficient income. This cannot be an act of charity because we need to make sure everyone can invest/fund and get returns from their work."