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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Top three in Pump Live market capitalization: Bagwork, STREAMER, MD, once again driving the Solana Meme craze.
On September 15, according to GMGN monitoring, Pump Live has sparked a "live coin" craze, with significant trading activity of related meme coins on Solana. As of the time of writing, the top three tokens in market capitalization are: Bagwork (Bagwork): market capitalization of approximately 32.6 million USD; LP approximately 1.1 million USD (Meteora DLMM, locked); 24h trading volume approximately 62 million USD; approximately 12,500 holders; token launched 4 days ago. StreamerCoin (STREAMER) market capitalization of approximately 13.6 million USD; LP approximately 728,000 USD (Pump AMM, locked); 24h trading volume approximately 21.8 million USD; approximately 10,100 holders; token launched 12 days ago. MD (Market Dominance) market capitalization of approximately 3.02 million USD; LP approximately 39,000 USD (Raydium AMM, locked); 24h trading volume approximately 7,290 USD; approximately 1,446 holders; token launched 332 days ago. The traffic for live coins is mainly driven by streamers/KOLs; new coins often use Meteora DLMM / Pump AMM + locked pool + low tax, with some paired with higher burn rates. Aside from the leading projects, most have a market capitalization of less than 1 million USD, fast turnover, and high concentration and retracement risks, requiring close tracking of large addresses. BlockBeats reminds users that meme coins often have no real use cases, and their prices fluctuate greatly, so investment should be made with caution.