Attention Value Analysis

1. Market Highlights

1. Market Trends

(1) Macroeconomic Environment

A certain media outlet commented on the virtual currency event issued by a political figure, pointing out that it could trigger a constitutional crisis. Although the new head of the regulatory agency may introduce more crypto-friendly policies, fundamental legal principles remain unchanged, and the personal preferences of regulatory leaders cannot override existing securities laws. This political figure claims to support the cryptocurrency industry and promises to build the country into the "global cryptocurrency capital," but the structure and timing of his token project have raised concerns about the fusion of personal interests and political power. The ownership of the tokens is concentrated in companies associated with him, and the timing of the issuance coincides with the eve of his inauguration, raising doubts about his true intentions.

(2) Web3 field

The cryptocurrency market has generally corrected, with AI-related sectors dropping 12.08% in 24 hours. Major AI tokens such as AI16Z, ARC, AVA, and ACT fell by 29.83%, 23.69%, 32.92%, and 29.18%, respectively. FARTCOIN rose against the trend by 16.74%. The DeFAI sector dropped by 14.90%, and GRIFFAIN fell by 12.05%. The CeFi sector decreased by 3.28%, PayFi dropped by 6.75%, DeFi fell by 6.94%, Layer 1 decreased by 6.99%, and the Meme sector dropped by 7.53%. Bitcoin briefly fell below the 100,000 USD mark, with the latest price at 102,499 USD.

2. Hot Events

(1) Macroeconomic Environment

The police in Busan, South Korea, disclosed that a criminal gang led by a former professional football player has been charged with money laundering for a gambling website by using a fraudulent cryptocurrency trading platform, involving an amount of 1.1 trillion won (approximately 756.8 million USD). The gang employed corporate security program developers to create a fake trading platform from January 2022 to September 2023, collecting betting funds from members through numerous bank accounts and profiting around 10 billion won through transaction fees. The police also found that the gang used deepfake technology to lure minors into gambling. Currently, 8 people have been arrested, and 11 others face non-custodial prosecution.

(2) Web3 Field

A certain project announced that it will cooperate with international payment institutions to launch a cross-border cryptocurrency payment card, aimed at promoting the application of cryptocurrency in daily life, including clothing, food, housing, transportation, cross-border remittances, and decentralized financial services. This payment card will be supported by blockchain technology and will introduce high-quality Web3 projects to provide users with value-added rights and airdrop opportunities. The project plans to build a bridge between cryptocurrency and real-world applications through this payment card, offering users safe, inclusive, and beneficial financial services.

3. Hot Narrative

A recent cryptocurrency launched by a certain political figure and their family has sparked heated discussions in the market. This political figure introduced a personal virtual currency just before taking office, which saw a surge of over 15,000% within 12 hours, and its market capitalization once approached $80 billion. Subsequently, their spouse also launched their own cryptocurrency, which quickly surpassed $5 shortly after going live, with a market cap exceeding $5 billion. However, this series of token issuance has had a significant impact on the market, with the former plummeting 60% within 30 minutes of the latter's launch, while other mainstream cryptocurrencies also experienced noticeable declines. Analysts believe that this reflects the market's frenzied speculation and rapid shifts regarding the family's cryptocurrency. Notably, the family holds 80% of the total supply of their tokens through a company, which could have a major impact on the market. Despite the impressive short-term performance, analysts warn investors to be cautious with such highly volatile and speculative tokens.

2. Hot Projects

1. Project Introduction

$quarm | AI

• quarm is a proxy cluster system designed to coordinate dedicated AI agents in handling queries.

• The project development is in its early stages, with only 4 stars on the GitHub repository. The most recent code commit was made 3 days ago, with a total of only three commits. The code has minimal dependencies, primarily using OpenAI's libraries. The project includes simple Telegram bot code and API server code, providing two interfaces to receive user requests. The core functionality is concentrated in the swarm.py file, implementing a multi-agent AI system capable of handling user queries ranging from simple to complex.

• Development team holding status: a total of 120M purchased, accounting for 12% of the total. Among them, 5% is transferred to AI16Z DAO, 5% is locked until July 17th, and 1% is held by the development team.

3. Sector Rotation

1. Hot Sectors

2. Inside the sector