KaiZXBT

Analysis $PUMP : The meme coin market is bustling, revenue surpassing 2.3 million USD

PUMP is recording good growth as the memecoin wave returns, with some notable memecoins like PENGUIN, WHITEWHALE,..

1. Revenue and fees surge dramatically

Revenue from launchpad activities and meme coin transactions on Pump.fun has surged, reaching 2.32 million USD at the beginning of the week, compared to 2.02 million USD the day before and only 1.18 million USD at the end of the previous week. Previously, the platform recorded a low of 869,000 USD on January 3rd, but quickly recovered and maintained above the 1 million USD mark just after two days.

Along with that, total transaction fees and meme token creation fees also exploded over 21%, reaching 5.4 million USD, indicating that speculative demand is strongly shifting towards high-volatility assets.

This revenue is used by Pump.fun to implement the PUMP token buyback program, reducing circulating supply and allocating the remainder for staking, thereby increasing value for holders.

2. Technical analysis

On the daily frame, PUMP maintains a support level of 0.003 USD with RSI staying above 60, reflecting that the short-term uptrend still prevails. MACD continues to be above the signal line, opening up the possibility for the price to test the resistance level of 0.00339 USD. If successful, the next target could be the 0.004 USD area. However, the risk of correction still exists if profit-taking pressure increases.

#memecoin

Whales bottom fishing $ZEC is the narrative of Privacy coming back?

Whales are accumulating strongly as prices fall

According to data from Nansen, the top 100 wallet holders have increased their holdings by 8.85%, equivalent to approximately 42,623 ZEC. Other large wallet groups also reported increases of more than 5.06% in quantity. This trend indicates that whales are actively bottom fishing. At the same time, ZEC's trading volume increased by 43% to nearly 500 million dollars according to Coinmarketcap, reflecting a return of demand.

Derivative data reinforces bullish prospects

In the derivatives market, CoinGlass data shows that long positions are heavily concentrated around the $325.1 zone, while shorts are mainly in the $365.1 area. The total value of leveraged long positions reached $7.37 million, higher than the $5.45 million held by shorts, indicating that bullish expectations are prevailing.

ZEC is testing a key support zone

ZEC is currently trading around $350, up about 7% on the day. The major support zone at $320 continues to hold firm; this is the fourth time the price has retested this level since the growth in 10/2025. The last time the price touched this zone, it always increased.

Technical analysis and commentary

The Money Flow Index (MFI) has exited the oversold area and risen to 37.76, indicating that buying pressure is improving. However, ZEC is still below the 50-day EMA, suggesting that the downtrend has not completely ended.

#Privacy

The project is increasingly allocating less for airdrops - How can farmers adapt?

If previously a 10% pool for airdrops was the standard for many projects, currently that portion is no more than 5%. Notable examples include:

• Monad: 3.3%
• Fogo: 1.5%
• Sentient: 4%
• Zama: 2%
• ETHGas: lock 4 years

However, there are still a few projects that airdrop large quantities or have allocations over 10%:

• Aster
• Seeker
• Lighter
• Hyperliquid
• Trump Game

However, finding the right opportunities like the above is very difficult, along with a bit of luck, and these projects often require a long time or very strict criteria, resulting in a small number of farmers.

For example, Perp Dex has an airdrop pool of 20 to 25%. But it requires a lot of money, and participants must choose correctly and enter early.

As for Seeker or Trump, for some reason, they outright refuse Vietnamese members. And the inevitable consequence is that the airdrop is very good.

Moreover, the emergence of Binance Alpha, Yap, InfoFi further shrinks the airdrop pool for Testnet participants. Money flows entirely into the pockets of KOLs and high-level farmers.

So how can we adapt to the current situation:

• The most obvious criterion: The more popular the opportunity, the less appealing it is, especially avoid opportunities that Vietnamese members flock to, as easy tasks often lack selectivity. Thus, airdrops will be hard to yield good results.

• During a sluggish market, with fewer farmers, many good opportunities appear. The pool remains the same, but with fewer participants, the airdrops will become larger.

• InfoFi is no longer available, and Binance Alpha is also gradually cooling down. I believe the airdrop pool will gradually return to the participants, but it will take time.

• Choose to farm projects based on your own criteria, focusing on what you believe is right.

• Be patient with the market + lucky prayers to the ancestors.

#Airdrop

Large financial organizations continue to bet on Ethereum despite stagnant prices: CEO of SharpLink

Joseph Chalom, former Director of Digital Asset Strategy at BlackRock and now CEO of SharpLink, stated that major financial institutions are quietly placing strong bets on Ethereum as the global infrastructure for asset tokenization, despite the gloomy price developments.

He identified 3 main drivers that could boost Ethereum's activity, including:

- CEO of BlackRock views Ethereum as the toll station for RWA

- Stablecoins and RWA tokens existing on Ethereum are leading, 10 times more than the second blockchain, Solana

- Ethereum has advantages in security and liquidity instead of choosing a fast and cheap blockchain

#ETH🔥🔥🔥🔥🔥🔥

BitMine has reached nearly 70% of its ETH reserve target after purchasing an additional 40,302 $ETH

BitMine Immersion is a crypto company building an Ethereum fund that has increased its total ETH holdings to 4,243,338, equivalent to nearly $12.3 billion at current prices.

Bitmine currently does not disclose the average purchase price, but according to current market prices, the recently purchased ETH alone is valued at approximately $117.1 million.

As of January 25, in addition to ETH, BitMine also holds 193 BTC and a $19 million investment in the WLD Eightco reserve fund, $682 million in cash, along with $200 million in shares of MrBeast's Beast Industries, the world's number 1 YouTuber.

Among them, the amount of ETH that has been staked reached 2,009,267 ETH, an increase of 171,264 ETH in just one week, accounting for nearly half of the total holdings. Chairman Tom Lee stated that BitMine is currently the largest ETH staking entity in the world. He estimates that when all ETH is staked through MAVAN and partners, staking fees could bring in about $374 million each year, equivalent to more than $1 million per day.

BitMine is currently the largest Ethereum reserve fund holder in the market, surpassing SharpLink and The Ether Machine. On an industry-wide scale, BitMine ranks second among public crypto reserve fund companies, just behind Michael Saylor's Strategy.

Regarding stock performance, BMNR increased slightly by 0.1% last week but dropped by 2% in the pre-market session at the beginning of the week.

$ETH

Japan is accelerating its roadmap for the approval of crypto ETFs by 2028.

Japan is speeding up the roadmap for approving crypto ETFs, aiming for before 2028. According to analysis, this will pave the way for major financial institutions to participate in crypto, as has happened in the U.S.,

Corporations like Nomura and SBI Holdings are seen as the top candidates for the first crypto ETFs, indicating that Japan is shifting from cautious oversight to proactively integrating crypto into the traditional financial system. Despite having previously implemented strict regulations following incidents, Japan remains a pioneering country in recognizing Bitcoin and crypto as legal payment methods.

According to sources, Japan prioritizes long-term considerations, perfecting the legal framework for custody, pricing, and transparency of information, rather than hastily opening up based on studies of previous ETFs like those in the U.S. and Europe.

Good news for holder $LINK

On-chain data from Santiment shows that about 100 top LINK whales are increasing their accumulation of LINK as the price drops below the $13 mark.

In contrast to this movement, retail investors tend to sell in the context of a gloomy market and widespread FUD concerns about a new downtrend.

This accumulation reflects long-term confidence in the fundamentals of Chainlink, especially as CME Group is expected to launch Chainlink futures contracts next month, indicating increasing institutional demand.

The next 1-2 weeks will be quite challenging as Gold, Silver,.... are attracting liquidity from Crypto and continuously reaching ATH.

The D candle a few days ago had a false breakout, creating a bull trap and sending billions of USD in Long positions on an early holiday break. The W candle that just closed today is also very bad.

At this point in the week and next week, I think we should prioritize safety above all; all Long and Buy positions will be activated after $BTC and $ETH adjust the W candle.

"It's better to enter late at a midpoint than to enter early but at the peak." However, there will still be some Lowcap stocks that are pumped upwards against the trend, not depending on the market but thanks to the MM teams manipulating prices.

A tip is to pay attention to those stocks that have been probing the bottom for a long time and suddenly show 2-3 D candles gradually rising; many may be pumped straight like Somi, Enso,... a few days ago they had quite similar trading methods.

$SOMI

$ENSO

The price of Phu Quy Silver exceeds 4,215,000 VNĐ/tael for selling and buying prices are 4,089,000 VNĐ/tael.

The price of 1kg Silver exceeds 112.3 million VNĐ/tael and continues to closely follow the world price.

On that day, don't get involved in Altcoin, lock in Bitcoin at over $100k and then switch to Gold and Silver for good returns.

Dirty money "from" gambling source Huione in Cambodia pumped more than 414 million USDT into the crypto exchange

According to Bitrace, gambling platforms have recorded approximately 414 million USDT in revenue over the past 53 days. Most of the money is "washed" through payment tools on Telegram, after which part is sent directly to CEX exchanges.

Data shows that three wallets: Huione Telegram Wallet, Wangbo Wallet, and HWZF are playing a key role in the settlement for gambling systems linked to Huione, Haowang, and Tudou Guarantee. Although Huionepay and Tudou Guarantee have closed, many platforms relying on these services continue to operate with high trading volumes.

Bitrace has also recorded about 9 million USDT transferred directly to Binance, OKX, and HTX, despite the strict regulations of these exchanges.

#Scam?

Over 464 million USD worth of tokens will be unlocked in the next 7 days

According to data from Tokenomist, the crypto market will experience a token unlock event with a total value exceeding 464 million USD this week. Notably, one-time unlocks valued over 5 million USD will occur in several projects such as SUI, SIGN, EIGEN, KMNO, JUP, OP, TREE, SAHARA, ZORA… These unlocks may increase selling pressure in the short term, especially for tokens with low liquidity.

In addition, the market also recorded large-scale linear unlocks, with the amount of tokens released each day exceeding 1 million USD. The list includes RAIN, SOL, RIVER, TRUMP, CC, WLD, DOGE, AVAX, and some other projects. The continuous introduction of new supply to the market may affect token prices in the context of a generally gloomy market.

With this $RIVER token, the top 10 holders hold nearly 90% of the total supply, it can easily push to $1000 because apart from the dev team, no one else holds the token.

Moreover, there are good news like Justin Sun investing 8 million dollars, and famous KOLs are shilling, but at the peak, they got burned early.

The short team is burning margin, the long team or those buying spot should be careful, it's your turn next.

For 3 consecutive days, the Bitcoin ETF has been witnessing strong selling pressure.

Specifically, it was 700 million $ on the 21st, 484 million on the 20th, and 394 million $. In the event that this capital withdrawal trend continues and the volume increases, the price of BTC is likely to face deeper correction pressure in the near future.

Saga temporarily suspends EVM chain after smart contract was attacked

Layer 1 protocol $SAGA has confirmed the exploitation of a security vulnerability on the SagaEVM chain, resulting in nearly $7M being compromised. According to the announcement, the hacker withdrew approximately 7M USDC, bridged out of the SagaEVM network, and converted it to $ETH. The project quickly suspended the chain at block 6,593,800 after detecting unusual activity.

Saga stated it is completing the investigation and collaborating with partners to rectify the issue, while also working with exchanges and bridge operators to blacklist the hacker's wallet address. The project asserts that the incident does not affect the mainnet SSC, consensus layer, or validator system.