星球日报

Metrics Ventures June Market Insights for the Crypto Market Secondary Fund
1. Following our May perspective, Bitcoin and global risk asset prices further surged in May, with Bitcoin once again reaching a historic high. This new high was largely anonymous and is closely related to the diminished market risk appetite and news trading fatigue, which also lays the foundation for further increases.
2. Bitcoin has entered a momentum vacuum period lacking new trading events in sync with global risk assets, becoming insensitive to event-driven stimuli and macro events, as the entire market awaits the next narrative (expected to be a unified adjustment of the interest rate cut path).
3. The winter night of altcoins has completely entered the deep night after a wave of emotional ups and downs. Both trading volume and volatility are no longer present. It is foreseeable that mid-term new funds will find it difficult to return to CEX after observing options such as SBET CIRCLE.

Original | Odaily Daily Report (@OdailyChina)
Author | CryptoLeo (@LeoAndCrypto)
The crypto space is once again affected by the Middle East war, and it's time to move money from contracts to new projects. Among the new projects recommended by Odaily, several have airdrop expectations, and early participation may result in receiving protocol token airdrops.
1、Felix
Introduction: Felix is Hyperliquid L1

Since May, $Launchcoin has nearly explosively achieved a 300-fold rise, and the ICM (Internet Capital Market) concept it represents has swept through major on-chain communities, becoming a new direction for market capital chasing. However, traders quickly realized that many high-cap leader tokens ($goonc, $startup) are narrative-driven projects that lack real product support, which runs counter to the original intention of the believe platform.
As incidents of some projects being deleted and founders going missing have become frequent, the market has raised doubts about the sustainability of the platform ecosystem represented by $Launchcoin. Subsequently, some high-quality projects have gradually emerged with clear product logic and stable operational rhythm as coin prices warmed up, not only regaining community trust but also boosting the platform coin $Laun.

The total market capitalization of the AI Agent zone last week was approximately $6.64 billion, despite an overall fall of 1.4%, with the number of new projects increasing to 477. Projects such as DKING and VADER saw significant rises, while others like BNKR fell considerably. The Cookie DAO project is collaborating with Sapien, focusing on the dynamics of Token supply. Other projects like swarms, Virtuals, and Niyoko also had updates.