Key Market Information Gap on April 28th, a Must-See! | Alpha Morning Report

Blockbeats
28 Apr

Top News

1.Trump's crypto project WLFI's three co-founders met with CZ in Abu Dhabi today

2.1inch team investment fund accumulated around 5.5 million 1INCH in the past 2 days

3.ALPACA experienced a brief flash crash of over 50% early today, now trading at $0.1781

4.US SEC has approved ProShares Trust's XRP ETF, which is a trio of futures-based ETFs

5.In the past week, the crypto market has seen an inflow of nearly $9 billion

Articles & Threads

1. "LetsBONK's Market Cap Surges Past $30 Million in 6 Hours as Raydium Counters Pumpfun"

In the early hours of April 26, Solana's veteran Meme coin BONK announced the launch of its own LaunchPad—LetsBonk.fun. The market responded enthusiastically, with cries of "LetsBONK!" In just 24 hours, it attracted 800,000 visitors, achieved $3 billion in trading volume, created 2,700 tokens, with over 70 successfully launched. The namesake token Let's BONK skyrocketed to a $30 million market cap within 6 hours. With so many projects launching their LaunchPads, what gives BONK such energy?

2. "Bullish AF: Willy Woo Writes Bitcoin a Perfect Script for an All-Time High"

Bitcoin's fundamentals are strengthening, capital inflows are increasing, liquidity is recovering. In the short term, we may see consolidation or slow growth, but the long-term bullish trend is evident. Any pullback is seen as a buying opportunity, with price targets at $103,000 and $108,000.

Market Data

Daily overall market funding heat (as reflected by funding rates) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

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