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Crypto influencer Ansem hyped the ZEC-related dividend meme token ZCAT, whose market cap surged past $69 million to hit a new all-time high.

52 minutes ago

Crypto trader Ansem posted a bullish call for Solana-based meme token ZCAT (Anonymous Cat). According to GMGN data, ZCAT’s market cap briefly surged past $69 million to hit a new all-time high, and has since pulled back to $50 million. The token has seen a 360% (3.6x) increase in its 24-hour trading volume, which stands at $2.2 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash (ZEC)’s privacy concept, with its mascot being an anonymous cat wearing a brown paper bag over its head. A ~3% tax is levied on transactions or transfers, with proceeds used to purchase and airdrop bridged Zcash (ZEC) on Solana to holders. BlockBeats reminds users that most meme tokens have no real use cases, are highly volatile, and investors should exercise caution.

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Middle East Situation Tracker: U.S. and Iran launch reciprocal attacks on each other’s oil tankers, shipping in the Strait of Hormuz hit again, U.S. assessments suggest the conflict could drag on until November’s midterm elections.

Conflict persists across multiple Middle East regions, with the U.S. military and Iran’s Revolutionary Guard Corps (IRGC) claiming to have sunk each other’s oil tankers. U.S. Central Command (CENTCOM) confirmed it sank three IRGC oil tankers, while Iran said it struck three U.S.-linked vessels and three oil tankers. Shipping in the Strait of Hormuz has been disrupted. The UK’s Maritime Trade Operations (UKMTO) reported multiple merchant vessels in the Gulf were hit by “crippling fire”. An Iranian official added that vessels in the strait were “punished” daily last month. Conflict updates: CENTCOM says U.S. forces sank three IRGC oil tankers; the IRGC claims it struck three U.S.-linked vessels and three oil tankers. With the U.S.-Iran conflict entering its sixth month, U.S. intelligence agencies believe Iran has “gained confidence” and may seek to prolong the fighting at least until the November midterm elections. Iran’s military warned that if the U.S. continues its “destructive actions”, it will launch larger-scale strikes on U.S. forces. Iran denied that its Isfahan nuclear facility was attacked. Iranian media outlet Fars News reported explosions near Iran’s Kharg Island, with the specific cause unclear. Iran’s SNN news agency said an Iranian oil tanker near Kharg Island was hit by a missile, and no casualties have been reported so far. The Israeli military said it struck Hezbollah personnel and facilities in southern Lebanon. Sources said the Iranian tanker that was attacked was empty, and its engine room was targeted. Iraq’s Oil Minister announced that Iraq has increased its oil export capacity to over 3 million barrels per day. Qatar’s Prime Minister held talks with Lebanon’s Prime Minister on de-escalating regional tensions and maritime security issues.

10 minutes ago

Ethereum crosses $2,500, with a 1.83% gain over the past 24 hours.

According to HTX market data, Ethereum has surged past $2,500, posting a 1.83% gain in the past 24 hours.

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Bonk Guy’s PONS holdings deliver over 150x returns, pushing his portfolio past $27 million to a new all-time high.

Trader Bonk Guy’s portfolio has hit a new all-time high of $27 million, with $20.83 million in gains over the past 30 days, making him the first trader on the Fomo platform to reach a $27 million portfolio. Bonk Guy is also the platform’s all-time top trader, posting $5.34 million in unrealized gains in the last 24 hours and $17.14 million in unrealized gains over the past seven days. The trader has previously emphasized that none of his trades or successes are his own doing, crediting all to God. Tokens PONS, USELESS, and MARSCOIN have contributed the majority of his unrealized gains. Bonk Guy initially purchased 10.9 million PONS tokens for $67,700; the holding is now worth over $10.27 million, delivering a 150x return on investment.

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MARSCOIN's market cap surges past $265 million to hit a new all-time high, with a 24-hour gain of 38.2%.

According to GMGN market data, meme coin MARSCOIN on the BNB Chain ecosystem broke through $265 million in market capitalization this morning, setting a new all-time high. The token is now trading at $245 million, with a 38.2% 24-hour gain. Binance recently launched MARSCOIN contract trading on September 1, and rolled out its spot trading on September 4.

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Bonk Guy: It’s the golden season for BNB Chain, and this round belongs to Robinhood and BNB Chain.

Prominent crypto trader Bonk Guy says this cycle belongs to Robinhood and BNB Chain, loudly declaring that BNB Chain is now in its golden season, urging people not to ignore this narrative. Bonk Guy looked back at his previous trading calls: several weeks ago, he repeatedly stated that the "Robinhood season" was approaching, but many dismissed his view at the time. The meme coin rally has since almost perfectly matched his expectations, with PONS surging from a $4 million market cap when he first called it to $990 million, CASHCAT hitting $270 million, AI (token) reaching $280 million, and numerous other tokens boasting market caps in the tens of millions. Bonk Guy believes MARSCOIN has fired the starting gun for the meme coin narrative in the BNB Chain ecosystem, is now the clear leader, and will continue to pull far ahead of peers. Bonk Guy also emphasized that when BNB Chain’s trading activity really heats up, it will do so with extreme momentum and speed, warning against chasing gains after tokens have already surged 10x. The core reason is that Binance is the world’s largest centralized exchange (CEX), boasting 320 million users. MARSCOIN is now listed on Binance’s spot and derivatives markets, making it much easier for Western users to buy BNB Chain meme coins, with far better accessibility than in previous cycles. In the last cycle, SAFEMOON surged to a $17 billion market cap on BNB Chain, proving that BNB Chain meme coins have enormous upside potential once they catch fire. There won’t be just one winner—many tokens will rally alongside the leading ones, and the BNB season will be extremely explosive once it truly kicks off. Finally, Bonk Guy advises that people start monitoring and positioning now, stressing that it’s better to enter early than to chase after already surging prices.

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Polymarket plans to partner with NBA star LeBron James on marketing campaigns.

According to CNBC, Polymarket will partner with NBA star LeBron James for a major marketing campaign, with more details expected to be unveiled next week. Late yesterday, LeBron James’ X account posted a video advertisement related to Polymarket.

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