Odaily News Crypto trader BonkGuy says USELESS is currently his top pick, and his conviction in USELESS now exceeds even his conviction when trading BONK at low levels in 2023.

BonkGuy noted that he previously generated substantial returns through Meme coins such as BONK, WIF, Fartcoin, POPCAT, and PNUT — including turning $16,000 into over $20 million through a 6x leveraged BONK position, and growing a $6,000 WIF position to roughly $1.4 million. However, he also stated that these gains were largely wiped out during the "10/10" market conditions.

Regarding USELESS, BonkGuy believes its market cap rising from approximately $4 million to $450 million last year was only a "test run," especially given it was not a bull market environment at the time. He anticipates that if USELESS experiences its first full bull market cycle, the price could see a much more significant surge.

Odaily News: Machi Big Brother Huang Licheng posted on X platform stating that yesterday he tried a new approach: launching a token without holding any of it himself. However, he did not disclose the specific name of the token or its subsequent arrangements.

Odaily News: According to MSX.COM data, GoPro's US stock once surged over 106% in pre-market trading, and is now up about 82%. On the news front, YouTube star Markiplier has become the largest shareholder of GoPro.

Odaily News According to the "2026 Crypto TradFi Landscape Report" released by RootData Research, as traditional financial assets accelerate their entry into the crypto market, TradFi is becoming a new growth battleground for leading trading platforms.

The report data shows that as of August 24, Gate's TradFi asset count reached 1,022, the highest among surveyed platforms and 4.2 times that of the runner-up; among them, stock derivatives instruments totaled 366, also ranking first. In terms of market share, Gate's cumulative trading volume from January to August reached $135.5 billion, with its August TradFi trading volume share rising to 10.7%, ranking third globally.

In the stock derivatives track, Gate achieved a composite score of 92.2, tying with OKX for second place; from August 1 to 24, Gate's average daily open interest reached $772 million, ranking third. The report also noted that Gate's average daily trading volume for stock contracts has maintained a high growth rate since May, with month-over-month increases of 124.1%, 187.3%, 323.7%, and 261.1% from May to August respectively, demonstrating strong growth momentum among the five surveyed platforms. Notably, Gate's liquidity performance has continued to improve, with its ±2% weighted depth exceeding Binance for 11 consecutive trading days since August 14, during which the average daily weighted depth reached $14.678 million.

RootData believes that the crypto TradFi market is shifting from unipolar concentration to multipolar competition, with platform rivalry extending from trading scale to dimensions such as asset coverage and liquidity. Gate continues to expand asset coverage, increase market share, and accelerate the construction of a one-stop multi-asset trading system.

Odaily News, according to reports, U.S. Treasury Secretary Bessent recently urged Japan to raise interest rates to curb the continued depreciation of the yen. Analysts believe this highlights that traditional monetary policy is susceptible to government and external influences. In contrast, Bitcoin's monetary policy is preset by code, with new coin issuance following a fixed schedule and halving approximately every four years, offering greater predictability. In the short term, Bitcoin still finds it difficult to shake off shocks from traditional financial markets. If Japan's rate hike drives a rapid appreciation of the yen, low-interest yen financing trades accumulated over the long term could be unwound, potentially triggering sell-offs in stocks, bonds, and crypto assets. In August 2024, the Bank of Japan's rate hike strengthened the yen and put pressure on risk assets, including Bitcoin. On the technical front, BTC's 50-day moving average has been rising steadily and is close to crossing above the 200-day moving average, potentially forming a "golden cross." Analysts note that moving averages are lagging indicators, and the historical predictive performance of the golden cross as a standalone indicator has been unstable.

1. GMGN has added a "Fomo Top" tagging feature, allowing users to track the activities of the Top 500 Fomo traders;

2. Pons' 24-hour fees exceed $5 million, ranking first in the Launchpad category;

3. Yi Lihua: The AI industry is in the early stages of an explosive growth phase, and the key to investment is capturing a few star companies;

4. Team token lock-up period extended by 12 months, with Aster postponing the unlock of 400 million ASTER tokens to September 2027;

5. BonkGuy: MARSCOIN is one of the most noteworthy Meme coins on BNB Chain this cycle, and its next target could be a Binance spot listing;

6. Campaign funds frozen and social media accounts restricted, Brazilian pro-Bitcoin presidential candidate Renan Santos' campaign has been suspended;

7. AI infrastructure business enters the commercialization phase, with Cango reporting Q2 revenue of $50.8 million;

8. Hackers forge Google Docs and Claude.ai pages to steal crypto wallet data;

9. The UK National Crime Agency has frozen over $13.6 million in Sorare sponsorship funds from Premier League accounts;

10. Bitcoin's "kimchi premium" has reappeared in the Korean market, staying positive for a week straight, marking the longest streak since May.

Odaily Planet Daily News: Bitget Stock+ has launched the Short Options feature, supporting both Short Call and Short Put options. Users can collect premiums by selling options, enhancing capital efficiency and achieving more flexible allocation of U.S. stock assets.

As the option seller, selling a call option entails the obligation to sell the underlying stock at the strike price in the future, while selling a put option entails the obligation to buy the underlying stock at the strike price in the future. This feature supports pre-market trading from 4:00 AM to 9:30 AM ET, as well as regular trading from 9:30 AM to 4:00 PM ET.

Odaily News: AI-generated artist Kevin Ngo has reiterated the attack on his account after it was compromised, stating, "I was hacked, I don’t endorse any coin."

Perhaps as a result, according to GMGN data, the market cap of Meme coin fable has once again fallen below $500,000 after a brief rebound, now at $454,700, with a 5-minute decline of 22.82% and a 1-hour decline of 88.14%.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate cautiously.

Odaily Planet Daily reports that according to GMGN market data, the market cap of the ecosystem token AI on Robinhood Chain has surpassed $200 million, with a 24-hour surge of over 100%.

It is reported that AI was issued via Long.xyz, the ecosystem launch platform on Robinhood Chain, and is directly paired with Nvidia tokenized stock NVDA for trading.

Odaily News: Felix Pago has announced the completion of a $200 million Series B funding round, comprising $87 million in equity financing and $113 million in credit facility financing. Andreessen Horowitz (a16z) participated in the equity financing, while General Catalyst's Customer Value Fund provided the credit facility. Felix Pago is one of Latin America's stablecoin remittance networks, primarily utilizing WhatsApp as its front-end interface and leveraging USDC and blockchain as the underlying settlement infrastructure to reduce the cost and shorten the settlement time of cross-border remittances from the United States to Mexico.

Odaily News: Kevin Ngo posted on X platform stating "I GOT HACKED." Following the announcement, FABLE, a Meme coin in the Robinhood Chain ecosystem, experienced a sharp decline, dropping over 90% within 2 minutes. Its market cap now stands at $1.54 million, hitting a low of $760,000, with a 24-hour trading volume of $11.7 million.

According to Odaily Meme Flash monitoring, UFG's market cap on Robinhood has surpassed $1.46 million.

It is reported that UFG is positioned as the first treasury vault on a chain-based treasury platform, adopting a transparent ETH reserve model. Trading fees flow into the treasury, and holders can burn tokens to redeem ETH. There is no team allocation or additional issuance, emphasizing fixed rules and asset backing.

"Meme Flash" is curated by Odaily's exclusive AI model, selecting community-hyped potential targets. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risk of Meme coins.

According to Odaily, data from MSX.COM shows that US AI concept stocks broadly declined in premarket trading, with MRVL down 2.47%, SAP down 2.36%, CDNS down 1.83%, NOW down 1.73%, and MU down 1.72%.

It is reported that MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering US stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

PPP Prediction Market Tool monitoring shows that in the "WTI crude oil September price touch" prediction event on Polymarket, the probability of breaking $90/barrel has risen to 77%, up 17% in 24 hours; the probability of breaking $95/barrel is currently at 47%, up 18% in 24 hours.

The US-Iran conflict continues to escalate. Today, two supertankers were successively hit by unknown objects while passing through the Strait of Hormuz in the Persian Gulf, further intensifying market concerns over crude supply. Affected by this, international oil prices extended their gains, with WTI crude briefly approaching $88/barrel and Brent crude rising above $92/barrel.

Join the PPP Signal Push Community to stay one step ahead and seize the opportunity.

According to GMGN data, the market cap of Robinhood ecosystem Meme coin fable briefly surpassed $8.5 million, surging over 990x in 24 hours.

It is reported that this project is an experimental initiative launched by AI-generated artist Kevin Ngo. The core narrative is that the developer enabled an AI Agent (Claude Fable 5) to autonomously build a website and issue a token, symbolizing an unfinished story.

Odaily reminds that Meme coin prices are highly volatile and susceptible to market sentiment and trending events. Please be aware of trading risks.

Odaily News - Bitfinex Securities, the tokenized investment platform under crypto exchange Bitfinex, has listed 5 tokenized notes, providing eligible investors with economic exposure to bitcoin treasury companies such as Strategy, Metaplanet, H100 Group, and Capital B. The platform has also listed Strategy's floating-rate perpetual preferred stock, STRC.

The aforementioned notes are issued through the Luxembourg-based ORO (II) fund and managed by SICOS Securities. The underlying securities are held in custody by regulated financial institutions but do not grant investors direct ownership of shares in the corresponding companies. The products allow fractional investments starting from approximately $1 and support trading in USD, USDT, and Bitcoin, and are only available to eligible non-US investors.

Bitfinex Securities stated that this marks the first time such products are available for secondary trading on a regulated tokenized securities exchange. Following the completion of a $50 million tokenized fundraising round for metals company Alkemya in August this year, the platform's total listed assets have surpassed $500 million. (Cointelegraph)