Key Market Insights for April 11th, How Much Did You Miss Out?

By: blockbeats|2025/04/11 18:45:02
0
Share
copy

Top News

1. Binance Announces Second Batch of Coin Listing Vote Results, Will List ONDO, BIGTIME, and VIRTUAL with Seed Label

2. CEX Spot Flow In/Out Top 24H: Bitcoin Net Outflow of $162M

3. WLFI's USD Stablecoin USD1 Surpasses 100 Million Circulation on BSC

4. 10x Research: Bitcoin's Current "Bullish Expectation" in Light of Potential Economic Downturn May Be Premature

5. Morpho: Front-End Security Verified, No Further Action Required from Users

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

WAYFINDER: Discussions around WAYFINDER today have largely focused on the launch of the $PROMPT token. In the initial phase, over 1.12 billion $PROMPT tokens were distributed to Cache Stakers, representing approximately 28% of their total rewards. The remaining 72% will be gradually released over the next 12 months, with the caching plan continuing until June 2027. Additionally, a social task led by Kaito allocated 20 million $PROMPT tokens, with 5 million distributed to emerging Yappers based on social media activities. The launch encountered some technical issues, including a MEV frontrunning vulnerability, leading to a claim pause and community dissatisfaction. Despite these challenges, optimism about the project's potential remains high, with some users emphasizing the innovation of its AI-driven platform.

KAITO: Today, the discussion around KAITO mainly focused on some technical issues related to the $PROMPT airdrop claiming process. This issue specifically targeted EthSign/Tokentable, where a frontrunner MEV actor exploited their claiming flow. While some users expressed discontent with the distribution process, many users were satisfied with the rewards obtained through social airdrops.

BABYLON: Today, the discussion around BABYLON centered on the launch of Babylon Genesis, the first Layer 1 blockchain secured by Bitcoin, and the introduction of the $BABY token. The launch saw widespread participation from the crypto community, mentioning collaborations with major exchanges such as Binance, OKX, and Bybit, as well as projects like Axelar and Cosmos. The price of the $BABY token saw a significant increase, with concerns raised about its tokenomics, especially regarding internal distribution and staking rewards. This launch was seen as a pivotal moment for Bitcoin DeFi, with Babylon's staking protocol providing new earning opportunities for BTC holders.

OPENLEDGER: Today, the discussion around OPENLEDGER highlighted its significant progress in decentralized AI and blockchain integration, with a focus on its attribution proof mechanism ensuring transparency for data contributors and fair rewards. The ongoing Yaptopus competition on the platform offered top contributors 2 million OPN tokens, generating considerable interest. Furthermore, OPENLEDGER's partnerships with major projects and its innovative AI agents are seen as game-changers in the AI and Web3 space. The community is also excited about the upcoming mainnet launch and the potential for new AI-driven decentralized applications.

WALLETCONNECT: WalletConnect (WCT) garnered widespread attention on Twitter due to its upcoming launch on the Binance Launchpool on April 15. Users can start farming WCT by staking BNB, FDUSD, and USDC from April 11 onwards. The initial circulating supply of the token is set at 186 million, with a total supply of 1 billion. Discussions emphasized the token's utility, staking mechanics, and its role in enhancing Web3 connectivity. The anticipation of its listing on major exchanges like Binance, Bitget, KuCoin, MEXC, and OKX is driving discussions.

Featured Articles

1.《After Making a Fortune of 25 Million in a Day, Liang Xi Lost Half Overnight, and His Wealth Has Always Been Trapped in Leverage

As a "contract gambler" famous for his hundredfold leverage, Liang Xi once set a myth of earning 40 million in a month but also went bankrupt and owed 130 million. From live streaming drinking pesticide, claiming to be transgender, to generously donating 400,000 to help patients, this combination of "genius and madman" continues to create topics. Although he has recently made a comeback with precise short-term operations, the roller-coaster trajectory of his wealth reflects the high risk of leverage trading in the coin circle and the survival dilemma of grassroots retail investors.

2.《$PROMPT Airdrop Meets MEV, 120 ETH Snatched Away, Community Questions Programmer's "AI Contract Writing"

The event originated from an airdrop event collaborated on by Kaito and Wayfinder, which was exploited by MEV bots due to a contract configuration vulnerability. Many users did not receive tokens, while arbitrageurs profited over 120 ETH. At the same time, early $PRIME stakers suffered heavy losses due to token price drops and imbalanced airdrop allocations, triggering dissatisfaction with the project's reward mechanism. Although TokenTable has promised to compensate for user losses, the event exposed the design flaws of the airdrop mechanism and MEV risks, sparking industry discussions on token distribution fairness.

-- Price

--

On-chain Data

April 11 On-chain Fund Flow

Key Market Insights for April 11th, How Much Did You Miss Out?

You may also like

Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market

Overview of Important Market Events on June 8th

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle

In-depth analysis of the "reflexivity" bubble trap in storage stocks: Beware of the backlash from the bullwhip effect and the false narrative of high growth; do not let the short-term myth of wealth become a wealth abyss that cannot be recovered for 25 years.

Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."

The major reshuffle has just begun.

$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage

Despite the accelerated migration of Korean funds from cryptocurrency to the stock market, the Korean market remains an important barometer for global cryptocurrency retail liquidity and recovery turning points.

Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026

MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.

Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million

Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com