What has the Chinese community been talking about in recent days? 9.27｜Rhythm Newsletter

Several projects with good growth on Base

WELL (@well3official)

WELL3 is a Web3 health platform on Base, DID+AI track, just listed on coinbase, in the past month, WELL has risen by more than 200% from the bottom.

AERO (@AerodromeFi)

Aerodrome Finance is a DEX on Base, it should be because there are more transactions on Base recently, after all, it is the leader of DEX, and someone is ambushing in the market. AERO's rise started on September 7, and it has risen by 123% in 20 days.

Sui Ecosystem

Sui network TVL reached 1.192 billion US dollars, a record high. Among them, the lending platform Suilend TVL reached 208 million US dollars, with a weekly increase of 26.8% and a monthly increase of 101%.

Sui mainly speculates on new public chains, and its market value is still far behind Solana. In addition, the recent coin price and data are very good, the on-chain APY is very high, and there are mainly subsidies. DeFi, such as SuiLend, can also play revolving loans, and large funds still like it very much. The risk is that Sui plummets, but the probability is relatively small.

Meme Market

MOO DENG Series

Since MOO DENG rose to a market value of over $100 million, many animal-themed memes have appeared on Solana. The best performers include penguin Pesto and frog omochi, both of which are animals with high popularity on TikTok.

Pesto's increase was concentrated from September 24 to September 27, with a 20-fold increase in three days, and a market value of up to $3.1 million. It has now fallen 39% from its high point.

Omochi was born at noon yesterday (26th), with a 24-hour trading volume of over $45 million and a market value of up to $2.5 million.

MOODENG is also continuing to set new highs, with a market value of over $200 million today, and a nearly tenfold increase in the past week.

TERMINUS

Chinese crypto KOL, SHIB community OG Li Ping brought the market value of TERMINUS to 50M and began to fall back. However, on the afternoon of September 26, Musk shared the game-specific Twitter account @cyb3rgam3r420 on Twitter to reply to the tweet "TERMINUS, the first city on Mars" by @TERMINUS_CTO community member @wobuliangren, and simply replied "cool". TERMINUS has stabilized its decline since yesterday and is entering a sideways phase.

Musk's concept works well on ETH. The basic consensus of the community is that Musk is on ETH and playing the zoo is on Solana. For example, Musk said that a new robot would be announced on October 10, and Robot AI has increased several times on ETH.

DEXX

A new DEX, characterized by a user experience similar to that of a centralized trading platform. I see that the earliest community started to have CX in mid-to-late August, and it was more intensive in September. The top few invitation links had a lot of dividends, and the largest vagrant had an income of more than 400,000 US dollars. The CX rhetoric is basically "Binance on the chain", and the interface is as good as a casino. In addition, there is an APP, and everyone can charge directly with their mobile phones. The recent meme market is also very good, and the time and place are right. Now the market is basically divided into gmgn, abot, dexx, bullx, and other dex platforms with bots.

Other Information

Strawberry Gummy

This topic is relatively abstract but it is indeed out of the circle. Polymarket is rumored to be issuing coins soon, and everyone is still betting on airdrops. In addition, Justin Sun said that he would participate in the bet of 100,000 US dollars, which is quite hot in the Chinese region. I heard that the plan was to release the results of Huobi KYC before, but it was suspended.

EOS RAM

This should be the most abstract in 2024. There are actually communities that have begun to learn how to register an EOS wallet address. There are several reasons why RAM has been hyped up recently. EOS has been upgraded. EOS has also had a lot of voices recently. Then the head of the EOS community is called the Network Foundation. It has launched a Bitcoin project called exsat, which is related to RAM. It is similar to RAM becoming a mining machine. The hype is BTCfi.

Starrynift

It was airdropped a few days ago and listed on the exchange yesterday. Many people in the community have forgotten about this project. Many people have criticized Binance and OKX for investing in the Metaverse because they have lost money.