The VVV airdrop allowed Base's hardcore players to have a "prosperous year", the celebrity coin effect continued, and large MC memecoins were frequently seen.
Author: Alex Liu, Foresight News
Graphic Design: Raven, Foresight News
Note: The "Weekly Trending" statistics are based on user search results on Foresight News from last Friday to this Thursday (January 24 to January 30), and the capitalization of the same concepts has been merged.
VVV Brings Warmth on New Year's Eve
On New Year's Eve, the Base chain AI project Venice airdropped the "VVV" token to Venice users and the Base ecosystem, including holders of AERO, DEGEN, AIXBT, GAME, LUNA, VADER, CLANKER, and MOR. On the day of New Year's Eve, the market cap of the Venice Token (VVV) reached $270 million, with a price of $14, bringing a "big gift package" to many Base users.
However, there is also controversy: the Base ecosystem DEX protocol Aerodrome issued an announcement that, before and after the release of VVV, some trading activities within a time frame of less than 30 minutes were marked by internal monitoring, triggering an internal investigation. This investigation led to the suspension of two contributors within three hours of the release. Aerodrome will continue the investigation and take all appropriate further actions.
Celebrity Coin Fever Continues
The celebrity coin fever sparked by "Trump" is still ongoing, with the market cap of the VINE token issued by the founder of the short video platform "Vine" quickly reaching $400 million, and the "jellyjelly" token launched by the Venmo founder reaching a peak market cap of over $200 million. The holiday period can be described as a continuous stream of large MC memecoins, with the trading tool "GMGN" also making it to the trending list. Recommended reading: Interview with CryptoD: How to Achieve a $17 Million TRUMP Single Coin with GMGN? Behind the single coin A9 is more than 15 hours of "sitting and researching" every day and a trading philosophy derived from Texas Hold'em.
AI Token Fever Rebounds
The domestic artificial intelligence "Deepseek" Deep Seek exploded in popularity over the weekend, not only affecting the US stock and Crypto markets, but also driving a rebound in the AI token fever.
On January 29, the founder of "ai16z", Shaw, posted that ai16z has officially been renamed to ElizaOS, "opening an exciting door for us to collaborate with renowned enterprises that hope to leverage the groundbreaking technology of ElizaOS. Eliza will continue to be our mascot and the spokesperson for our project. The ai16z token name will remain unchanged for now, and any future changes will be decided by the community through our DAO voting module. We will not create any additional tokens."
Other Trending News
- Jupiter burned 300 million JUP, currently worth about $320 million. It also stated that 50% of the protocol fees will be used for JUP token buybacks.
- Ross Ulbricht, the founder of the Silk Road who was pardoned by Trump, (or someone with access to his wallet) suffered significant losses when providing liquidity on "Raydium" due to incorrectly setting the initial price of the liquidity pool. $1.5 million (5% of the total supply) was immediately arbitraged and sold off by MEV bots in the existing pool. In a second operation, he then lost an additional $10.5 million (35% of the total supply).
- Trump's crypto project "WLFI" cumulatively bought $1.88 million worth of "MOVE" on January 28.
- Mysten Labs co-founder Adeniyi stated that "Sui" will soon launch a feature to enable transactions via SMS.
- On January 27, the Hong Kong Securities and Futures Commission issued operating licenses to two cryptocurrency trading platforms, PantherTrade and YAX, both located in "Hong Kong". According to public records maintained by the Hong Kong government, these two entities are registered under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).