Letsbonk's 24-hour Fee Revenue Surpasses $1M, Outpacing pump.fun and Sky

July 7th. MEXC Launchpad has officially launched Tanssi Network (TANSSI). Users can subscribe at a price of $0.006 before 4:00 PM on July 9th (UTC+8) and share 1,160,000 TANSSI tokens. It is reported that MEXC will list Tanssi Network (TANSSI) for spot trading at 9:00 PM on July 9th (UTC+8) and enable flash swaps at 10:00 PM on the same day (UTC+8).

On July 7th, with the spread of the "Golden Haired Girl" economic scenario, the U.S. stock market continued its strong rebound from the April low, and market risk appetite rapidly increased. Benefiting from the easing of trade tensions and the progress of the OBBBA bill, funds accelerated the backflow into high-risk assets. The S&P and Nasdaq hit historic highs. However, analysts warn that the market may have become overly optimistic, and there are still potential volatility risks in the future. Therefore, investors should remain cautious. Bitunix Analyst Suggestion: Under the backdrop of macro optimism, ETH maintains a high-level oscillating structure. From a daily chart perspective, ETH completed a deep retracement in the 2275 range and began to rebound. Currently, it is constrained by the 2571–2600 minor range resistance and has not yet achieved an effective breakthrough. The 2275–2300 range below is a high-liquidity support area. After a retracement to this area, short-term bulls

On July 7th, Matrixport issued its daily analysis indicating that this year, the retail trading activity in the crypto market has remained feeble. The daily spot trading volume in South Korea has plummeted to $775 million. The notable decrease in trading volume reflects an overall dimming of enthusiasm among retail participants. Since the launch of the TRUMP coin in January, market trading has been gradually decelerating. With the unlocking of $782 million worth of TRUMP tokens next week, the additional supply may further exacerbate market selling pressure, and some holders may choose to exit to realize profits. If there is not enough buying pressure to sustain this, short-term volatility may intensify. The current market lacks new driving forces, and most retail investors seem to have entered the "summer break mode" in advance.

On July 7th, as monitored by Onchain Lens, a hacker managed to steal funds from a Coinbase user. Subsequently, the hacker spent 12.5 million DAI to acquire 4863 ETH at a price of $2569 per ETH. Currently, the hacker still holds a combined total of 45.36 million DAI in two wallets and is likely to continue purchasing additional ETH.

On July 7th, as per official channels, Binance has declared the Alpha user participation regulations for the new PAL TGE round, with a minimum requirement of 202 points. Users are able to participate in this TGE event via the Alpha activity page. Participating in this event will entail the consumption of 15 points.

On July 7th, the Virtuals Protocol officially launched a Genesis Mechanism update. It was stated that Virgens now possess a unified interface through which users can view and claim all Genesis airdrops (if eligible). Genesis airdrops will no longer be distributed automatically. Instead, users need to claim them manually if they meet the eligibility criteria.