Raydium LaunchLab Creates Over 119,000 Tokens, with Graduation Rate of Only 0.21%
Dune data shows that since Raydium LaunchLab's launch on April 16, the platform has created 119,123 tokens, but only 253 have successfully launched on external trading markets, with a graduation rate of just 0.21%.
Hyperliquid Trader Who Earned Over $15 Million Heavily Shorts ETH, BTC, and Other Mainstream Coins
According to Lookonchain, a trader who has profited over $15 million on Hyperliquid is currently shorting ETH, BTC, AVAX, SOL, and other tokens, and has placed 100 ETH limit short orders between $2,460 and $2,480.
Beorn recently posted on X platform, pointing out three major design errors in Berachain: not restricting Boyco TVL, not distributing BERA airdrop rewards in the initial phase, and setting limits on PoL vault. These decisions are considered the main reason for the $BERA price drop. Anonymous co-founder Smokey the Bera acknowledged the first two as significant mistakes and suggested that the rapid shift in PoL strategy is also worth reconsidering. Despite admitting early project design flaws, Smokey expressed confidence in the team, ecosystem resilience, and builder community, expecting Berachain to undergo a positive transformation in the medium term by optimizing the PoL mechanism and achieving non-correlation breakthrough. Beorn also stated he will publish a detailed article explaining his bullish reasons.
According to Decrypt, former BlackRock portfolio manager Jennifer Thornton joined crypto asset management company Bitwise in 2021 and is now responsible for multiple investment strategies, including a "Blue-Chip Non-Fungible Token Index Fund". She has shifted from trading US Treasuries to Bitcoin and Non-Fungible Tokens like Pudgy Penguins.
Blum Co-Founder Vladimir Smerkis Arrested in Moscow for Alleged Large-Scale Fraud
According to The Block, Vladimir Smerkis, co-founder of Telegram Mini App "Blum" and former Binance CIS regional head, was arrested in Moscow on suspicion of large-scale fraud. The Moscow Zamoskvoretsky District Court approved his detention request under Article 159 of the Russian Criminal Code (especially large-scale fraud). The Blum project subsequently announced that Smerkis has resigned as Chief Marketing Officer and is no longer involved in project development or as a co-founder. Reports suggest the accusations may be related to The Token Fund and Tokenbox projects he previously led, which raised millions of dollars but ultimately failed to deliver on promises, causing investor losses. Blum launched "Drop Game" in May 2024, where users earn "Blum Points" by clicking snowflakes on the screen, promising future token conversion. However, the airdrop plan has been repeatedly delayed, with no clear Token Generation Event (TGE) timeline.
US President Biden Diagnosed with Prostate Cancer, Trump Wishes Him a Quick Recovery
According to US media, on Sunday local time, Biden's private office issued a statement saying he was diagnosed with invasive prostate cancer that has spread to the bones. "Last week, after experiencing increasing urinary symptoms, Biden was diagnosed with a prostate nodule. On Friday, he was confirmed to have prostate cancer with a Gleason score of 9 (level 5) and bone metastasis." The statement added, "Although this is a more aggressive disease, this cancer seems hormone-sensitive and can be effectively managed." The statement said Biden and his family are "reviewing treatment options with his doctors". US President Trump stated that he and Melania are saddened by Joe Biden's recent medical diagnosis and extend their warmest and best wishes to Jill (Biden's wife) and his family, wishing Joe a quick recovery.
91.4% Probability of Federal Reserve Maintaining Interest Rates Unchanged in June
According to CME "Fed Watch": There is a 91.4% probability of the Federal Reserve maintaining interest rates unchanged in June, with an 8.6% chance of a 25 basis point rate cut. For July, there is a 66.9% probability of maintaining rates unchanged, a 30.8% probability of a cumulative 25 basis point cut, and a 2.3% probability of a cumulative 50 basis point cut.
Token Unlocks data shows that PYTH, ZKJ, PIXEL, and other tokens will face large unlocks next week, including: - Pyth Network (PYTH) will unlock about 2.13 billion tokens at 10 PM Beijing time on May 19, representing 58.62% of current circulation, valued at approximately $338 million - Polyhedra Network (ZKJ) will unlock about 15.53 million tokens at 8 AM Beijing time on May 19, representing 5.3% of current circulation, valued at approximately $32.3 million - Pixels (PIXEL) will unlock about 91.18 million tokens at 6 PM Beijing time on May 19, representing 11.83% of current circulation, valued at approximately $4.7 million - SPACE ID (ID) will unlock about 12.65 million tokens at 8 AM Beijing time on May 22, representing 2.94% of current circulation, valued at approximately $2.7 million - Eigenlayer (EIGEN) will unlock about 1.29 million tokens at 3 AM Beijing time on May 21, representing 0.43% of current circulation, valued at approximately $1.65 million - Coin98 (C98) will unlock about 16.53 million tokens at 7 PM Beijing time on May 23, representing 1.74% of current circulation, valued at approximately $1.05 million - Karrat (KARRAT) will unlock about 15.11 million tokens at 8 AM Beijing time on May 23, representing 4.62% of current circulation, valued at approximately $1 million
Analyst: Bitcoin's Compound Annual Growth Rate May Stabilize at 8% in 15-20 Years
Famous crypto analyst Willy Woo posted on X platform, "Bitcoin has long passed the stage of multiple-fold annual gains in 2017. 2020 was a key year for Bitcoin's institutionalization, with enterprises and sovereign institutions beginning to accumulate Bitcoin, reducing the compound annual growth rate from over 100% to 30-40%. Bitcoin is now traded as the newest macro asset in 150 years, continuously absorbing global capital until reaching an equilibrium point. Considering long-term monetary expansion of about 5% and GDP growth of 3%, I believe Bitcoin's final compound annual growth rate will stabilize around 8%. This may take 15 to 20 years before reaching the equilibrium point. Almost no other publicly investable asset can match Bitcoin's long-term performance."
Whale Withdraws 2.209 Trillion PEPE from Binance in Last 25 Hours, Worth $29.16 Million
According to on-chain analyst Yu Jin's monitoring, whale 0x6ea4 withdrew 2.209 trillion $PEPE from Binance to the chain in the last 25 hours, valued at $29.16 million. Excluding CEX addresses and addresses blacklisted by PEPE official, it has become the second-ranked whale/institutional address in PEPE on-chain holdings.
"Rich Dad Poor Dad" Author Expects Bitcoin to Reach $250,000 This Year
"Rich Dad Poor Dad" author Robert Kiyosaki tweeted that the value of Bitcoin, gold, and silver will continue to rise. He is buying more Bitcoin, expecting it to reach $250,000 this year, and advises "buy more, don't sell".
