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VIPBitget VIP Weekly Research InsightsRecently, as market liquidity recovers, the crypto market—led by key assets like BTC and ETH—has started to rebound. Leading DeFi assets have continued to update their products amid six months of market volatility, maintaining their market dominance and leading positions. With the upcoming U.S. presidential election, both candidates are likely to propose favorable policies regarding DeFi and Web3 applications, potentially bolstering the sector. As a result, leading DeFi assets are expected to benefit from an early boost in liquidity recovery and may outperform the broader market in the coming months.
The countdown is on—X Empire is about to make serious waves! In just a few days, the X token airdrop and listing will drop on October 24, 2024, and this is your chance to be part of something HUGE. Whether you’ve been playing along or are ready to jump in, the excitement is real, and this airdrop could be your gateway to the next big thing in crypto. With the token listing on major exchanges, it's time to get ready for a game-changing moment. In this guide, we’ll cover how you can participate in the airdrop, key features, and how to link your TON wallet. It’s fast, it’s exciting, and it’s happening soon—are you ready to join the empire? Let’s dive in!
Just 2 days left until the end of the Chill Phase! Prepare for the X Empire Investment Fund on October 15-16, 2024, to decide which cards we should invest in. Make sure you join in on the excitement and bonuses—time is running out!
- 08:32Solana TVL is approximately US$9.336 billion, with a 7-day increase of 19.26%PANews reported on November 23 that Deflama data showed that Ethereum's TVL was approximately US$64.51 billion, with a 7-day increase of 8.78%; Solana's TVL was approximately US$9.336 billion, with a 7-day increase of 19.26%; Tron's TVL was approximately US$8 billion, with a 7-day increase of 1.15%.
- 07:39Trader Eugene: Ethena's recent development has exceeded expectations, and the target price of ENA has been raisedTrader Eugene said on X platform that USDe is currently in circulation at 3.7 billion after adding 1.2 billion in circulation in the past 6 weeks. sUSDe's yield has ranged from 10% to 25% in the past 6 weeks, and Deribit accepts USDe as stablecoin collateral. Ethena's fee conversion proposal was also approved, and these fee conversions guarantee that sENA holders are the main beneficiaries of the success of the protocol. These developments exceed expectations for ENA 2 months ago and have adjusted ENA's target price higher.
- 07:12VanEck: Reiterates Bitcoin's $180,000 target price remains unchangedAsset management giant VanEck's latest report reiterated that it will continue to maintain the price target of Bitcoin at $180,000 in this cycle, and said that from the perspective of key indicators, this round of rebound seems to have just begun. It is reported that VanEck analyzed three key indicators: funding rate, relative unrealized profit (RUP) and retail interest trend. It pointed out: 1. The perpetual futures funding rate has been above 10% since November 12, indicating that the bullish momentum has increased; 2. In addition, the current 30-day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach a peak in a longer period of time; 3. The search term heat is only 34% of the high point in May 2021, indicating that the speculative frenzy has not yet spread, and the re-engagement of retail investors will give Bitcoin room for further increases.
