「Hakimi Coin」 Surges Over 50% in 24 Hours, Market Cap Reaches $25.91 Million
November 13th. Based on GMGN data, the Chinese Meme token "Hakimimi" witnessed a surge of over 50% in the past 24 hours, and its market capitalization rose to $25.91 million.
This round of growth might have been affected by the continuous rise in the popularity of the "Hakimimi North-South Mung Bean" topic on Chinese social media. Additionally, Jiuyang Soybean launched the "Hakimimi North-South Mung Bean" beverage, with its stock price increasing by 10.05% during the day and its market capitalization reaching $8.439 billion.
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AllScale: Global Creator Program Officially Launched, Reward Pool Reaches $120,000
November 13th. According to official channels, the AllScale Global Creator Program is officially commencing today with the theme of "Learn · Create · Earn." This program is targeted at Web3 creators, students, freelancers, and KOLs from 8 major global regions and offers a total reward pool of $120,000 (30,000 USDT + $90,000 worth of ASP).
Each regional event will have a reward pool of $2,000 + $10,000 ASP, including awards for first to third place creations, top promoters, and top referrers. Outstanding participants will have the chance to become Regional Ambassadors, receive additional ASP rewards, receive mentorship, have official partnership opportunities, and advance to the global finals for greater honors.
Creators can publish their works such as videos, designs, articles, etc. on X, YouTube, or LinkedIn and tag @allscaleio and the respective regional tag. Subsequently, they can complete the work submission through the AllScale event submission form. The first stop, Africa Wave,
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Trump Signs Bill, Ending Government Shutdown
On November 13th, U.S. President Trump signed a temporary funding bill, bringing an end to the longest government "shutdown" in American history.
This bill will provide continuous funding for the federal government, enabling most government agencies to obtain operational funds until January 30, 2026. (Forex Live)
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Institution: Cryptocurrency Market Sentiment Low, Potentially Triggering This Month's "Unexpected Rebound"
On November 13th, the cryptocurrency market analysis firm Santiment released a post indicating that with the continuous heating up of traders' fear sentiment, the cryptocurrency market may experience an "unexpected rebound" in November. Historical data demonstrates that when there is widespread market panic, funds tend to flow from "weak hands" to long-term holders (that is, "diamond hands"), thereby building momentum for a rebound.
Santiment believes that this worsening sentiment may actually be "good news for patient investors." As more panic selling occurs in the market, long-term holders take the opportunity to accumulate. "When the general public turns negative on an asset, especially the most valuable cryptocurrency, it often means that the market is approaching a capitulation point." "Once retail investors sell off, key holders will take the opportunity to absorb the dip and drive up the price. It's not a matter of 'if it will happen' but only 'when it will happen'."
Santiment
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Yesterday, the net inflow of $18.1 million was recorded for the US Spot SOL ETF.
On November 13th, as per farside monitoring, a net inflow of $18.1 million was noted in the US spot SOL ETF yesterday. There was a net inflow of $12.5 million for BSOL and $5.6 million for GSOL. The cumulative historical inflow of the spot SOL ETF has reached $369 million.
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EigenCloud partners with LayerZero to launch the cross-chain validation network EigenZero
On November 13th, the Ethereum Layer 2 Staking Platform EigenCloud partners with the cross-chain interoperability protocol LayerZero to launch EigenZero.
EigenZero is a decentralized validation network based on the CryptoEconomic DVN Framework. It is supported by EigenCloud's infrastructure and backed by approximately $5 million worth of ZRO token staking assets. This introduces economic punishment constraints for cross-chain message validation.
It adopts the Optimism verification model and sets an 11-day challenge period with the assumption that messages are correct by default. Once erroneous messages or malicious behavior is detected upon final confirmation, the corresponding staked assets will be slashed, providing security guarantees for cross-chain applications.
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