Key market information gap on November 8, must read! ｜Alpha Morning News

Featured News

1.Sui Ecosystem Meme Token Launch Platform Turbos.Fun Officially Launched, More Than 560 Projects Launched in 6 Hours

2.Analysis: Bitcoin premium on Coinbase turns positive, indicating rising demand for Bitcoin among U.S. investors

3.The Federal Reserve cut interest rates by 25 basis points as expected, abandoning the claim of "more confidence"

4.Binance will launch 1000000MOGUSDT perpetual contract with a maximum leverage of 75 times

5.Republican SEC Commissioner Uyeda: The SEC’s responsibility in 2025 is to end the Biden administration’s "cryptocurrency war"

Articles&Threads

1.《40 million US dollars helped the Republicans win the Senate. The crypto industry bought half of Congress in this election》

shushu

November 6 According to data from the Stand With Crypto website initiated by Coinbase, a total of 247 candidates who support cryptocurrency won seats in the House of Representatives, and only 113 members opposed to cryptocurrency. The Stand With Crypto website also shows that the Senate is also inclined to support cryptocurrency, with 15 supporters and 10 opponents.

2.《Analysis of the counterintuitive phenomenon of the FOMC meeting tomorrow night, why did bond yields rebound after the interest rate cut? 》

Dr_Gingerballs

In the current environment, the Fed's rate cut will lead to a decline in short-term interest rates, but due to the large scale of debt and deficit, the market requires a higher yield on long-term government bonds to maintain the balance of the portfolio. In addition, the operations of the Federal Reserve and the Treasury Department have invisibly transferred public wealth to asset holders, and the economic recession will make this problem worse.

3. "ArkStream Capital: Meme craze has become a new battlefield for VCs, an opportunity or a trap? "

Ray, ArkStream Capital

In 2024, the industry and market are undergoing a dramatic reshuffle. Against the backdrop of poor performance of many VC-invested and supported projects, Meme has gone against the tide and become a new force that cannot be ignored. The rise of the PvP mode, the wealth effect brought by a single coin crit, and Solana, which is extremely friendly to Meme, have all shown their unique brilliance this year. However, behind this Meme craze, what changes have Meme undergone? From the perspective of VC, how can we participate in it? These questions are worth our in-depth discussion.

24H Hot Projects (‼️High Rug Risk‼️)

Daily new projects or community attention dynamics, filtered and sorted by X Alpha account follower count and growth

Data source: getmoni.io

BlockBeats Note: The following are all early projects with a small number of followers. Rug and contract risks are extremely high. Please participate with caution. This is not an investment advice

1. dreamcoins (@dreamcoinswow)

A meme token that will be deployed on the base chain and engraved with the wow tool and will be launched today.

2. OpenServ (@openservai)

The eponymous token launched today as a hub for people to find, manage and hire AI agents

3. wow (@wow)

The meme coin launch platform on Base.

Market Data

Daily market overall funding heat (reflected by funding rate) and token unlocking

Data source: Coinglass, TokenUnlocks

Funding Rate

Token unlocking

No token unlocking in the past 24 hours.