Solana-based Meme Token NOODLE Surpasses $10 Million Market Cap within 10 Hours

According to GMGN data, BREW, the token of new BSC chain launch platform Brew, has surged past a $28 million market cap, approaching its previous high of $32 million, with a daily gain of over 83% and trading volume of $11.9 million. The Brew platform supports pairing and issuing tokens using meme coins, altcoins, and stock tokens as liquidity pools. Since its launch on September 7, the platform token has experienced extreme volatility, hitting a low of below $4 million. Public information shows that Nina Rong, Executive Director of Growth at BNB Chain, recently followed the official X account of Brew, the new launch platform on BSC chain. BlockBeats reminds users that the relevant tokens have high price volatility and significant uncertainty, urging caution for investment decisions.

News Flash from Insight Beating AI: Fidji Simo, OpenAI’s former second-in-command, has joined the board of AI cloud firm Nscale. She left OpenAI’s full-time position in July this year due to a worsening neuroimmune disease, and remains a part-time advisor. Nscale, a compute partner of OpenAI, recently signed a 6-year, $45 billion compute deal with Anthropic. Simo will recuse herself from Nscale board matters involving OpenAI. Nscale is preparing for an initial public offering (IPO) as early as this month. Prior to this, Simo led Instacart to go public in 2023. Nscale director Sheryl Sandberg invited her to join the board after her departure from OpenAI.

According to HTX market data, Ethereum has surpassed $2,600, jumping 6.75% in 24 hours.

According to market data from BIT (bit.com), optical communication concept stocks performed strongly in early US stock trading: Pure Photonics ETF FOTO rose 2.82%; Marvell Technology (MRVL) rose 3.75%; Applied Optoelectronics (AAOI) rose 3.67%; Lumentum Holdings (LITE) rose 1.51%; Coherent Corp. (COHR) rose 3.56%; Ciena Corporation (CIEN) rose 3.69%; Fabrinet (FN) rose 2.30%; AXT Inc. (AXTI) rose 3.89%; and Nokia (NOK) rose 2.50%.

According to BIT (bit.com) market data, crypto-related stocks rallied broadly as US stocks opened for trading: Strategy (MSTR) rose 1.19%, Coinbase (COIN) gained 1.11%, Circle (CRCL) increased 0.99%, BitMine Immersion (BMNR) climbed 1.34%, SharpLink Gaming (SBET) advanced 1.78%, and CEA Industries Inc (BNC) was up 0.8%.

According to monitoring by EmberCN, a trader liquidated their entire position of meme coin "LAPTOP"—launched by Hunter Biden, son of US President Joe Biden—at a loss last night at $0.6. The trader had invested a total of $249,000, leaving only $15,000, representing an approximate 94% loss. They chased the token’s price during its launch the night before last at $217.5, then added to their position at $2 in the early hours of yesterday morning, before finally cutting their losses.