YZi Labs CEO: Funds are now flowing back from meme coins to shitcoins, as meme coins lack fundamentals and cannot sustain themselves
On March 15th, Ella Zhang, who is the Head of YZi Labs (formerly Binance Labs), mentioned in an interview with BeInCrypto that although community-driven narratives have offered investors a more equal entry point, they have lost their momentum over time due to weak fundamental factors.
Ella Zhang said: "Starting from the end of the first quarter, the interest in venture capital-supported tokens started to decline, while the popularity of Meme coins skyrocketed, resulting in the so-called Meme coin craze. Platforms like Pump.fun are transforming the early-stage altcoin investment, making it more accessible, transparent, and community-driven. These platforms mainly focus on Meme coins, experimental tokens, and community-driven projects, enabling anyone to more easily launch and participate in new crypto assets."
However, in recent months, this trend has begun to reverse. Despite the easy accessibility of Meme coins, their short-lived popularity has led traders to return to venture capit
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Upbit 24-Hour Trading Volume Ranking: TRUMP, IOST, and LAYER Enter Top Five
On March 15th, based on CoinGecko data, in the past 24 hours, Upbit's trading volume reached $19.67 billion, which saw a 10.5% decrease compared to the previous period. Among them, the XRP/KRW trading pair ranked first in the Korean won market, accounting for a 26.49% share of the total trading volume. The rest of the top five are: BTC, TRUMP, IOST, and LAYER.
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Billionaire Marc Lasry: Economic Downturn Could Be Inevitable Under the Impact of Trump's Policy Uncertainty
On March 15th, Marc Lasry, the co-founder of Avenue Capital Group and a billionaire, stated that the uncertainty of Donald Trump's policies, particularly regarding tariffs, has hampered investors who wish to take advantage of market opportunities. "When the market is uncertain about what to do, that becomes a problem," the 65-year-old Lasry said on Friday at the Credit Opportunity Symposium of New York University. "In such a situation, an economy cannot avoid being affected. This will only lead to a slowdown in everything and potentially cause the economy to enter a recession." (Golden Finance)
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Analyst: The re-accumulation buying power of high-level ETH addresses has been almost depleted. A strong rebound may require the market to re-establish consensus.
March 15th. On-chain data analyst Murphy released statistics on social media, indicating that the ETH chips accumulated from January to February 2025 have a holding cost ranging approximately from $3,200 to $3,500. A cluster of addresses accumulated a large amount at $3,475, with a total of 1.66 million ETH. This group did not sell during the period when ETH dropped to $1,900 but instead purchased more at the dip. Now, they hold 1.94 million ETH with a reduced cost basis of $3,150.
In addition, the chips accumulated in mid-February 2025 have a cost basis ranging from $2,600 to $2,800. This group began to sell off as the ETH price fell below $2,300. Currently, only the chips bought at $2,800 and $2,630 remain unchanged, holding 1 million and 850,000 ETH respectively.
As the coin price continues to decline, the new demand for ETH gradually weakens, especially when the price falls below $2,000. According to the data, there is almost no new buying power.
Murphy explained that the high t
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「Hyperliquid 50x Whale」 continues to add to their margin, raising the 40x BTC short liquidation price to $86,085
On March 15th, according to the monitoring of on-chain data analyst @ai_9684xtpa, in the past 10 minutes, the "Hyperliquid 50x Whale" has incrementally added a total of 2.3 million USDC as margin on Hyperliquid.
Currently, their holding of a 40x Bitcoin short position on Hyperliquid has risen to 2113.76 BTC, which is worth $178 million. The entry price is $84,302.7, and the liquidation price is $86,085.
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