Search results for "TON"

Telegram Ecosystem Exchange Blum Airdrop and Tokenomics: How the TON Ecosystem "Dark Horse" Reshapes Meme Coin Trading?

Gate news, against the backdrop of the fluctuations in the crypto market, Memecoin trading remains one of the most active and favored crypto activities among Gen Z. How to provide users with a friendly and fast experience of "getting ahead" in the complex trading world has become a new opportunity for the project party to explore. Positioned as a "one-stop Memecoin trading platform for the TON ecosystem," Blum is following this trend, leveraging Telegram's enormous traffic entrance to create a fast track to the Memecoin world. With the native Token $BLUM about to launch its token generation event (TGE), Blum's business logic, tokenomics, and future potential are gradually coming to light.
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Pavel Durov of Telegram has been allowed to leave France for the second time since being detained in August 2024.

Gate News bot reported that according to The Block, French authorities have allowed Telegram founder and CEO Pavel Durov to leave France for the second time since his detention in August 2024, as he is under investigation for alleged illegal activities on the messaging platform.
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The TON Foundation has launched a champion grant program to support ecological development.

Starting in May 2025, the TON Foundation will launch a new funding strategy to accelerate adoption and unlock the next phase of ecosystem growth. The team will focus on high-impact teams that are ready to go, have the vision and ability to transform the ecosystem. These outstanding projects will be named "TON Champions". Grants for such projects will prioritize the following five high-growth verticals: GameFi: on-chain games with real economy and social stickiness; Payments: Seamless global crypto payments at scale; Telegram In-App Economy: Apps and bots that power the Telegram ecosystem; Simplified DeFi: mobile-first financial instruments for everyone; AI: Agents, interfaces, and infrastructure built on TON and driven by AI.
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Telegram has launched a gift market based on the TON Blockchain NFT.

PANews May 9 news, Telegram founder Du Rove announced on his personal channel that the Telegram Gifts Market has been launched, where users can instantly purchase gifts from other users or sell their own gifts. Telegram gifts are unique collectibles based on the TON Blockchain NFT, originally selling for just a few dollars, but now some gifts have skyrocketed in value to tens of thousands of dollars.
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The TON Foundation clarifies: it did not "raise" 400 million USD; this refers to Toncoin held by certain venture capital firms.

Odaily News TON Foundation today issued a statement clarifying previous media reports about "TON Foundation raising 400 million dollars." The foundation stated that it has not conducted any related fundraising activities, but has disclosed that there are currently over 400 million dollars equivalent of Toncoin held by several leading venture capital firms in the United States.
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TON: The foundation did not raise 400 million USD, but rather venture capital firms hold over 400 million USD worth of TON Tokens.

ChainCatcher news, the official TON blockchain has stated on social media: "Contrary to some news media reports, the TON Foundation did not 'raise' 400 million dollars. In fact, what the foundation disclosed is that over 400 million dollars worth of Toncoin is currently held by some of the most forward-looking venture capital firms in the United States."
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The TON Foundation clarifies: it has not raised $400 million, but rather a US venture capital firm holds over $400 million worth of TON tokens.

BlockBeats news, on March 21, TON stated on social media that "contrary to some news reports, the TON Foundation did not 'raise' 400 million dollars. Instead, the foundation revealed that over 400 million dollars worth of TON Tokens are held by some of the most forward-thinking American venture capital firms."
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TON Ventures plans to establish a research team in the AI and encryption fields

PANews reported on March 7th that Howard Peng, Director of TON Ventures, stated that they are considering forming a research team focusing on the combination of AI and Crypto Assets, and planning to explore Product-Market Fit (PMF) on Telegram.
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Pudgy Penguins will launch the competitive mini-game Pengu Clash on TON.

According to Gate News bot, Pudgy Penguins is about to launch a Web3 skill-based game called Pengu Clash on the TON blockchain to enter the field of competitive mini-games. According to reports, the game will adopt a "play-to-win" mode, allowing players to earn rewards through competition, rather than speculation, and is essentially a skill-based game. Luca Netz, CEO of Pudgy Penguins, said: "Users bet against each other, not 'play to win', where players earn the tradable currency offered by the game. This is a system based on user battles. "The game will feature a variety of game modes with different rules and objectives, as well as skill-based challenges.
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Pudgy Penguins launched the P2E game Pengu Clash on TON.

Odaily News Pudgy Penguins has launched the P2E game Pengu Clash on the TON blockchain. Pudgy Penguins stated that this game will adopt a play-to-earn model, allowing players to earn rewards through competition, said Pudgy Penguins CEO Luca Netz.
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Libre will launch a $500 million Telegram debt Tokenization fund on the TON network.

According to Gate.io News bot, CoinDesk reported that the asset tokenization company Libre announced the establishment of a Blockchain Telegram Bond Fund (TBF) on the Telegram-associated TON network. The fund plans to convert $500 million of Telegram debt into tokens. TBF targets qualified investors, offering institutional-grade yield products for approximately $2.4 billion of Telegram's outstanding bonds. These tokenized debts will also serve as collateral for lending and product development on the TON chain. According to the data, Libre has completed the tokenization of over $200 million in assets, involving funds from institutions such as BlackRock, Brevan Howard, Hamilton Lane, and Laser Digital.
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Libre plans to tokenize $500 million of Telegram bonds on the TON network, advancing the layout of real-world assets.

BlockBeats news, on April 30, the RWA platform Libre plans to launch the Telegram Bond Fund (TBF) on the TON network, tokenizing $500 million in Telegram bonds. TBF is aimed at accredited investors, offering institutional-grade yield products, and can serve as collateral for on-chain lending and product development on TON. Libre has already tokenized real-world assets from top asset management companies like BlackRock and operates across multiple networks, including
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RWA tokenization company Libre plans to launch a $500 million Telegram bond fund ($TBF)

The RWA tokenization company Libre will tokenize $500 million of Telegram debt on the TON network in the form of a blockchain-based Telegram Bond Fund ($TBF). Libre's CEO stated that they will acquire the bonds and tokenize them, allowing investors to earn bond yields on the TON chain by purchasing fund shares, creating an opportunity to use bonds as collateral and simplify transfers.
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AEON collaborates with TON and Tether to promote the widespread adoption of offline encryption payments.

ChainCatcher news, the encryption payment protocol AEON announced a collaboration with TON and Tether, enabling users to make payments with $TON and the native $USDT of TON at tens of thousands of online and offline stores. It will provide various forms of encryption payment touchpoints such as DApp and Telegram mini-apps, gradually covering over 20 million merchants in Southeast Asia, Africa, Latin America, etc., promoting the application of crypto assets in real-world payments.
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Skate launches Skate AMM that supports running in cross-VM environments

Skate launches Skate AMM that supports cross-VM environments, covering multiple networks, and achieves multi-chain support through cross-VM architecture, separating logic and assets to avoid bridge risk, enhancing Liquidity and user experience, while gaining higher fee income and capital efficiency.
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Former TON Foundation executives launched the TON-based Decentralized Finance protocol Affluent.

Former TON Foundation executives Justin Hyun and trader Hyung Lee jointly launched the Affluent DeFi protocol based on the TON Blockchain, aiming to provide convenient encryption asset management services through Telegram, supporting multiple asset types, and planning to introduce a points system as an important reference for future Airdrops.
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Former TON Foundation executives launched a Crypto Assets investment application on Telegram.

Golden Finance reports that former executives of the TON Foundation have launched the cryptocurrency investment application Affluent, aimed at providing Telegram users with decentralized finance lending and yield services, simplifying crypto asset management.
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Former executives of the TON Foundation launched the encryption investment app Affluent on Telegram.

Gate News bot message, a former executive of the TON Foundation will launch a new Crypto Assets investment application called Affluent on Telegram, focusing on yield and lending features. Affluent is a currency market protocol built natively on TON, which was fully launched on June 16, implementing key features such as Strategy Vault and Vault Manager system, aimed at automating asset allocation and yield strategies.
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Telegram founder: TON has risen to become the number one on-chain trading volume for NFTs globally.

PANews reported on June 9 that Pavel Durov, founder of Telegram, posted that the price of collectible gifts on the Telegram platform has risen several times in the past 30 days, driving a surge in NFT activity on the TON chain. At present, TON has become the blockchain with the highest daily NFT transaction volume in the world, second only to Ethereum if off-chain transactions are not counted.
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The stablecoins on the Tron network (USDT and USDC) have increased by $993 million in the past 7 days.

According to a report by Jinse Finance, monitoring by Lookonchain shows that over the past 7 days, stablecoins (USDT and USDC) on TRON increased by $993 million, while stablecoins (USDT and USDC) on TON decreased by $150.21 million.
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The stablecoin on the Tron chain increased by $993 million, while the TON chain decreased by $150 million.

Gate.io News bot message, according to on-chain data, in the past 7 days, the total amount of stablecoins ( USDT and USDC ) on the Tron Blockchain increased by 993 million USD, while the total amount of stablecoins ( USDT and USDC ) on the TON Blockchain decreased by 150.21 million USD. Data source: Lookonchain
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CoinShares: Last week, net outflows of digital asset investment products reached 29 billion US dollars

The latest data shows that funds have been flowing out of digital asset investment products for the third consecutive week, marking the largest single-week outflow ever, totaling $29 billion. BTC outflows reached $25.9 billion, while Ethereum saw a record high weekly outflow of $3 billion. Solana and TON saw outflows of $7.4 million and $22.6 million respectively, while SUI and XRP saw inflows of $15.5 million and $5 million respectively.
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Trusta Labs announced a brand upgrade to Trusta.AI, building a trusted identity network for the AI era

Trusta Labs announced its renaming to Trusta.AI, aiming to build a trusted identity network for the AI era, covering credit layers between humans and AI. Trusta.AI has upgraded its authentication services, supporting multiple authentication methods across mainstream blockchains; launched MEDIA Rating 2.0 to quantify user contributions; debuted an AI proxy identity framework, planning to issue verifiable identities to 1 million AIs, promoting the development of the AI economy.
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TON: A patch has been released to restore block creation, the issue may be related to errors in the mainchain scheduling queue.

PANews June 1 news, TON Status stated that on-chain block production has resumed, and a quick fix has been released, requiring only a few mainchain validators to update to restore block production. This incident may be related to an error in handling the mainchain scheduling queue, and a technical report on this event will be released soon.
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TON: There is an issue with block creation on-chain, expected to be fixed within an hour.

ChainCatcher message, TON stated that the TON Core team has discovered an issue with block creation and expects to fix it within an hour. There is no risk of loss for transactions conducted during the network downtime, and users' assets in their accounts will not be at risk of loss.
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TON: There is an issue with on-chain Block creation, but transactions conducted during the downtime will not carry a risk of loss.

PANews, June 1st news, TON posted on platform X stating that the TON Core team discovered issues with block creation and hopes to fix it within an hour. Transactions conducted during the network outage will not have loss risks, and assets in user accounts will not have loss risks.
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The TON network has currently staked 840 million TON.

According to a report by Jinse Finance, as per tonscan data, the TON network currently has a total of 841 million TON staked, in addition, the current staking APY is 4.7%, and there are a total of 400 validating nodes in the network.
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The issuance of USDT on the TON blockchain has been authorized to increase to approximately 1.429 billion USD.

Golden Finance reports that Tether's official transparency page shows that the authorized issuance of USDT on the TON blockchain has increased to approximately 1.429 billion USD (1,429,976,002.51 USD); it is currently the fourth largest blockchain for USDT issuance, following Ethereum, Tron, and Solana.
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The TON network currently has 792 million TON staked, accounting for 31.57% of the circulating supply.

According to a report by Jinse Finance, based on data from tonscan, the TON network currently has 792 million TON staked, accounting for 31.57% of the circulating supply (2.509 billion). In addition, the current staking APY is 4.5%, and there are a total of 396 validator nodes on the network.
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The number of active addresses on the Kaia public chain has reached a new high for four consecutive weeks, with weekly transaction volume exceeding 40 million.

According to the Gate.io News bot, the data panel from kaia_foundation shows that the high-performance public chain Kaia, jointly developed by South Korea's Kakao and Japan's Line, had an active address count of 9.78 million from March 31 to April 6, setting a historical record for four consecutive weeks. The number of new addresses for that week was 5.23 million, and the number of transactions exceeded 40 million for the first time, rising by 67% compared to the previous week. Data also shows that Kaia's TVL (Total Value Locked) remains stable. Kaia adopts the same technical route as TON to build a mini app ecosystem on social applications. Source: Wu Says
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The stablecoin USDe and tsUSDe under Ethena have been integrated into the TON blockchain.

BlockBeats news, on May 31, Ethena announced that its stablecoin USDe and the TON staking version tsUSDe have been integrated into the TON on-chain, allowing users to access them through mainstream non-hosted wallets.
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Ethena has been integrated into the TON Wallet, and users can now earn up to 18% annualized returns through USDe.

USDe has been launched on TON Space, and users can exchange it for tsUSDe within Telegram for staking, participating in a 16-week event, with a maximum annual yield of 18%, including an 8% base yield and up to 10% additional incentives. Holders need to complete qualification verification, and the additional incentive will decrease weekly to 5% in the final stage, with a maximum reward of 10,000 tsUSDe per wallet.
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Ethena has been integrated into the TON Wallet, and users can now earn up to 18% annualized returns through USDe.

USDe has been launched on TON Space, and users can exchange it for tsUSDe within Telegram for staking, participating in a 16-week event, with a maximum annual yield of 18%, including an 8% base yield and up to 10% additional incentives. Holders must complete qualification verification, and the additional incentives will decrease weekly to 5% in the final stage, with a maximum of 10,000 tsUSDe rewards available per Wallet.
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USDe and tsUSDe are now live on the TON network.

Golden Finance reports that the synthetic dollar stablecoin USDe launched by Ethena has officially logged in to the TON Blockchain network, along with its staked dollar stablecoin tsUSDe.
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A total of 782 million TON has currently been staked on the TON network.

Golden Finance reports that according to tonscan data, the TON network currently has a total of 782 million TON staked, with the current staking APY at 4.6%, and there are 400 validation nodes in the network.
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The number of active users of the TON application Blum Memepad has reached a historic high.

According to the Gate.io News bot, data from DappRadar shows that the launcher Blum Memepad of the TON application Blum set multiple historical highs on April 3. On that day, the number of independent active addresses reached 9.87k, the number of transactions reached 12.8k, and the volume reached 1.29 million USD, marking the highest level in over a month. DappRadar data indicates that the number of active addresses for Blum Memepad accounts for over 10% of the total TON. Previously, Blum, which received investment from YZi Labs, announced plans for an airdrop during Q2-Q3. Users must meet three conditions to qualify for the airdrop: a minimum of 100k BP, a minimum of 750 MP or completed PoA, and at least 2 referrals. Currently, no snapshot has been taken. Source: Wu Shuo
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The TON network has currently staked 719 million TON

According to tonscan data, the TON network currently stakes a total of 719 million TON, in addition, the current staking APY is 4.9%, and the network has a total of 398 validators.
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The TON Foundation confirms that Pavel Durov has obtained his passport

PANews reported on March 15 that the TON Foundation posted on the X platform that it had confirmed that Pavel Durov, the founder of TON, had obtained a personal passport and had been allowed by France to leave the company freely. The TON Foundation said it will continue to support Pavel Durov as part of the decentralized TON community.
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The authorized circulation of USDT on the TON chain has increased to approximately 14.3 billion USDT

Golden Finance reported that the Tether official transparency page shows that the authorized circulation of TON on-chain USDT has increased to approximately $1.43 billion (1,429,976,002.51 USD); it is currently the fourth largest blockchain in terms of USDT circulation, only behind Ethereum, Tron, and Solana.
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TON contract holdings have risen to a high point since February 18, which may indicate a forthcoming pullback in price.

Gate News bot news, Glassnode stated on social media that in the past 24 hours, the open interest for TON perpetual futures surged by 33%, rising from $143 million to $190 million, reaching its highest level since February 18. It is worth mentioning that even after the price pullback, the TON holdings remain high, and similar rises in the past typically occurred before a pullback.
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Ethena Labs has partnered with the TON Foundation to introduce the USDe stablecoin into the Telegram ecosystem.

According to Gate.io News bot, TheBlock reports that Ethena Labs and Ethena Foundation have officially announced a partnership with TON Foundation. According to the cooperation details, the synthetic stablecoins USDe and sUSDe will be introduced into the Telegram ecosystem. In the specific implementation plan, sUSDe will operate in the form of tsUSDe on the TON network, allowing Telegram users to directly access this asset. In addition, related products of Ethena have been confirmed to be integrated into the native Telegram wallet, supporting TON-compatible wallets such as Tonkeeper and TONHub.
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The TON Foundation has appointed MoonPay co-founder Maximilian Crown as CEO.

According to Gate.io News bot, CoinDesk reports that the TON Foundation has officially announced Maximilian Crown, co-founder of MoonPay, as the new Chief Executive Officer. Before joining the TON Foundation, Crown served as Chief Operating Officer and Chief Financial Officer at MoonPay, accumulating rich experience in banking, payment, and regulatory cooperation. He will continue to retain his position as a member of the MoonPay board. This appointment comes just a month after the TON Foundation secured a $400 million investment. The funds were provided by venture capital firms that purchased TON tokens, aimed at advancing the global development of the TON blockchain.
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TON ecosystem project Yescoin partner Zhang Chi has been released and is in a bail status.

According to the Gate.io News bot, as reported by Wu, Zhang Chi, a partner of the TON ecosystem project Yescoin, recently posted in his circle of friends, revealing that after 37 days of detention in a detention center, all four team members involved in the case have been released without being formally arrested and are currently under bail pending trial. Previously, Zhang Chi was arrested by the police in Hangzhou on February 12 due to internal disputes, with the case involving suspected illegal acquisition of computer information system data. He was then transferred to Shanghai on February 13.
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The crypto market zone generally experienced a pullback, with only the SocialFi and Meme zones remaining relatively strong.

According to ChainCatcher news and SoSoValue data, after several days of continuous rise in the crypto market zone, there is a general pullback today, with only the SocialFi and Meme zones remaining relatively strong. Among them, SocialFi rose by 1.97% in the last 24 hours, Toncoin (TON) rose by 2.66%, and UXLINK rose by 3.82%. The Meme zone has seen a continuous rise for four days, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) rising by 1.39%, 2.74%, and 6.55%, respectively. The crypto zone index reflecting the historical market performance of the zone shows, ssiSocialFi
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The crypto market is generally experiencing a pullback, with only the SocialFi and Meme zones holding up relatively well.

BlockBeats news, on March 27, according to SoSoValue data, after several days of continuous rise in the crypto market, today sees a widespread pullback, with only the SocialFi and Meme zones relatively strong. Among them, SocialFi rose 1.97% in 24 hours, Toncoin (TON) rose 2.66%, and UXLINK rose 3.82%. The Meme zone has risen for four consecutive days, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) rising 1.39%, 2.74%, and 6.55% respectively. The crypto zone index reflecting the historical performance of the zone shows, ssiSocialFi.
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The TON Foundation, based on Telegram, raised over $400 million through token sales.

PANews March 20 news, according to The Block report, the TON Foundation based on Telegram raised over 400 million dollars through token sales.
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The wallet mini-program on Telegram will expand its hosted encryption service, adding more than 50 new Cryptocurrencies.

ChainCatcher news, the third-party Cryptocurrency wallet mini-program on Telegram will expand its hosting encryption service, adding at least 50 new Crypto Assets. Its new wallet will be launched in the next two months and will introduce the 'Earn' feature. The first Earn event will provide 'flexible earnings' for TON deposits, with a minimum deposit amount of 0.1 TON. Earnings are generated through TON staking, and later this feature will also support other assets including USDT.
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Kaia Network's active users in April exceeded 22.8 million, setting a new historical record.

Gate News bot message, according to the kaia_foundation data dashboard, the number of active users on the Kaia network reached 22.8 million in April, setting a new historical high. Among them, the monthly active users of the three Mini Dapps: Frog Defense, Kyuzo's Friends, and Darkstar all exceeded 1 million. Data shows that the daily active users of the Kaia network reached a historical peak of 5.352 million on April 12, and then continued to decline to 558,000 on April 20, after which the data rebounded to over 3 million. The Kaia network mainly focuses on the development of social application Mini Dapps, using a similar technological approach to TON. Source of information: Wu's words
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The crypto market has slightly warmed up, SocialFi rose by 2.39%, and RWA fell by 3.59%.

gate News bot message, according to SoSoValue data, the crypto market is showing a weak rebound trend, the SocialFi zone has a 24-hour rise of 2.39%, among which Toncoin(TON) and Galxe(GAL) have risen by 3.05% and 3.08% respectively. Affected by the MANTRA incident, the RWA zone fell by 3.59%, and its native token OM fell by 32.74%. From the zone index perspective, the ssiSocialFi index rose by 2.20% in 24 hours, while the ssiRWA index fell by 4.04%. Other zones performed differently: The NFT zone rose by 1.36%, Moca Coin and Animecoin rose by 6.34% and 29.33% respectively; The AI zone slightly rose by 0.28%, Render rose by 3.80%; The CeFi zone rose by 0.15%, Hyperliquid rose by 3.54%; The PayFi zone rose by 0.10%, Monero rose by 3.87%. Layer1, Layer2, and DeFi zones fell by 0.08%, 0.68%, and 0.71% respectively, the Meme zone fell by 2.07%, but Fartcoin rose against the trend by 6.82%.
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The crypto market shows a weak Rebound, with the SocialFi zone rising 2.39%, while the RWA zone continues to fall 3.59%.

PANews April 15 news, according to SoSoValue data, the crypto market is experiencing a weak rebound, the SocialFi zone has risen 2.39% in 24 hours, among which, Toncoin (TON) and Galxe (GAL) have risen 3.05% and 3.08% respectively. In addition, the RWA zone has fallen 3.59%, within the zone, due to the ongoing MANTRA incident, its native Token OM has fallen another 32.74% in 24 hours. In other zones, the NFT zone rose by 1.36% in 24 hours. Within the zone, Moca Coin (MOCA) and Animecoin (ANIME) increased by 6.34% and 29.33%, respectively; the AI zone rose by 0.28%, among which, Render (RENDER)
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