U.S. API Heating Oil Inventory for the Week Ending July 25

SUI's market capitalization recently surged into the top 20, driven by token unlocks, the launch of cross-chain bridges, and the popularity of meme tokens. This blockchain platform supports decentralized applications with high throughput and low latency, showing strong performance in 2024, with a diverse range of ecosystem projects, while facing market competition and challenges in application innovation.

Recently, the SUI public chain has performed strongly, attracting market follow, with its coin price rising 185% in a month and a half. Several ecological projects such as Cetus, NAVI, and Scallop have shown outstanding performance, attracting institutional funds. Meme Tokens like HIPPO, AAA, and BLUB have also achieved good increases, but investors need to carefully assess the risks.

A certain trading platform will open the claim for HIP Token on April 23, and users need to complete relevant steps through the Hippo Dash application. Gameta plans to expand its ecosystem in 2024, introducing new assets, rewarding users, and launching a new social Web3 interactive platform.

The SUI ecosystem has rapidly developed recently, with its market capitalization rising to the top 20, showing impressive performance. Several DeFi projects and meme tokens have emerged, with clear technical advantages, but they face challenges such as market competition and transparency issues.

The retreat of PFP NFT projects has brought opportunities for the NFT industry. Gameta, through collaborations with game developers, leverages hyper-casual games to drive ordinary users into Web3, reshaping the practical application value of NFTs. Its goal is to build a self-sustaining NFT game ecosystem, having attracted over 8 million users, and has become an important project in the BNB Chain ecosystem.