Key Market Insights for April 11th, How Much Did You Miss Out?
Top News
2. CEX Spot Flow In/Out Top 24H: Bitcoin Net Outflow of $162M
3. WLFI's USD Stablecoin USD1 Surpasses 100 Million Circulation on BSC
5. Morpho: Front-End Security Verified, No Further Action Required from Users
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
WAYFINDER: Discussions around WAYFINDER today have largely focused on the launch of the $PROMPT token. In the initial phase, over 1.12 billion $PROMPT tokens were distributed to Cache Stakers, representing approximately 28% of their total rewards. The remaining 72% will be gradually released over the next 12 months, with the caching plan continuing until June 2027. Additionally, a social task led by Kaito allocated 20 million $PROMPT tokens, with 5 million distributed to emerging Yappers based on social media activities. The launch encountered some technical issues, including a MEV frontrunning vulnerability, leading to a claim pause and community dissatisfaction. Despite these challenges, optimism about the project's potential remains high, with some users emphasizing the innovation of its AI-driven platform.
KAITO: Today, the discussion around KAITO mainly focused on some technical issues related to the $PROMPT airdrop claiming process. This issue specifically targeted EthSign/Tokentable, where a frontrunner MEV actor exploited their claiming flow. While some users expressed discontent with the distribution process, many users were satisfied with the rewards obtained through social airdrops.
BABYLON: Today, the discussion around BABYLON centered on the launch of Babylon Genesis, the first Layer 1 blockchain secured by Bitcoin, and the introduction of the $BABY token. The launch saw widespread participation from the crypto community, mentioning collaborations with major exchanges such as Binance, OKX, and Bybit, as well as projects like Axelar and Cosmos. The price of the $BABY token saw a significant increase, with concerns raised about its tokenomics, especially regarding internal distribution and staking rewards. This launch was seen as a pivotal moment for Bitcoin DeFi, with Babylon's staking protocol providing new earning opportunities for BTC holders.
OPENLEDGER: Today, the discussion around OPENLEDGER highlighted its significant progress in decentralized AI and blockchain integration, with a focus on its attribution proof mechanism ensuring transparency for data contributors and fair rewards. The ongoing Yaptopus competition on the platform offered top contributors 2 million OPN tokens, generating considerable interest. Furthermore, OPENLEDGER's partnerships with major projects and its innovative AI agents are seen as game-changers in the AI and Web3 space. The community is also excited about the upcoming mainnet launch and the potential for new AI-driven decentralized applications.
WALLETCONNECT: WalletConnect (WCT) garnered widespread attention on Twitter due to its upcoming launch on the Binance Launchpool on April 15. Users can start farming WCT by staking BNB, FDUSD, and USDC from April 11 onwards. The initial circulating supply of the token is set at 186 million, with a total supply of 1 billion. Discussions emphasized the token's utility, staking mechanics, and its role in enhancing Web3 connectivity. The anticipation of its listing on major exchanges like Binance, Bitget, KuCoin, MEXC, and OKX is driving discussions.
Featured Articles
As a "contract gambler" famous for his hundredfold leverage, Liang Xi once set a myth of earning 40 million in a month but also went bankrupt and owed 130 million. From live streaming drinking pesticide, claiming to be transgender, to generously donating 400,000 to help patients, this combination of "genius and madman" continues to create topics. Although he has recently made a comeback with precise short-term operations, the roller-coaster trajectory of his wealth reflects the high risk of leverage trading in the coin circle and the survival dilemma of grassroots retail investors.
The event originated from an airdrop event collaborated on by Kaito and Wayfinder, which was exploited by MEV bots due to a contract configuration vulnerability. Many users did not receive tokens, while arbitrageurs profited over 120 ETH. At the same time, early $PRIME stakers suffered heavy losses due to token price drops and imbalanced airdrop allocations, triggering dissatisfaction with the project's reward mechanism. Although TokenTable has promised to compensate for user losses, the event exposed the design flaws of the airdrop mechanism and MEV risks, sparking industry discussions on token distribution fairness.
On-chain Data
April 11 On-chain Fund Flow
You may also like

Key Market Intelligence for February 5th, how much did you miss out on?

Wintermute: By 2026, crypto had gradually become the settlement layer of the Internet economy

Tether Q4 2025 Report: USDT Market Cap Nears $190 Billion, Multiple Metrics Reach All-Time Highs

Kyle Samani's about-face, one of the biggest believers in web3, has also left the industry

Bhutan Quietly Sells Over $22M in Bitcoin, Drawing Speculation Over Possible Moves
Key Takeaways Bhutan has transferred over $22 million in Bitcoin from sovereign wallets in the past week. The…

BitMine Endures a $7B Unrealized Loss as Ethereum Dips Below $2,100
Key Takeaways BitMine is facing a significant financial challenge with an unrealized loss of over $7 billion in…

Trump-Linked World Liberty Financial Under Scrutiny Following $500 Million UAE Stake
Key Takeaways A U.S. House investigation is examining a $500 million UAE stake in Trump-related World Liberty Financial.…

Asia Market Open: Bitcoin Tumbles as Asian Equities Reflect Global Tech Retreat
Key Takeaways: Bitcoin’s price plunged by 6% to $72,000, reflecting the spillover effects from the global tech sector’s…

Crypto Firms Propose Concessions to Banks as Stablecoin Disputes Stall Key Crypto Bill
Key Takeaways: Crypto companies are attempting to navigate stablecoin disputes with banks but agreements remain elusive. Industry representatives…

CoolWallet Introduces TRON Energy Rental to Minimize TRX Transaction Costs
Key Takeaways CoolWallet has integrated TRON’s energy rental services, offering users lower transaction fees while maintaining asset security.…

CFTC Officially Withdraws Biden-Era Proposal to Ban Political and Sports Prediction Markets
Key Takeaways: The CFTC has rescinded a 2024 proposal and subsequent 2025 advisory that aimed to prohibit event…

Binance Says Assets Rose Amid Alleged Bank Run Attempt
Key Takeaways: Binance reported an unexpected increase in assets during a community-driven withdrawal campaign, challenging conventional expectations of…

Same Macro Tape, Different Bid – Gold Absorbs Flows as Bitcoin Swings
Key Takeaways: Gold is experiencing significant demand growth, especially via ETFs and central banks, projecting a robust performance…

Crypto Price Prediction Today, February 4 – Focus on XRP, Cardano, and Dogecoin
Key Takeaways Bitcoin is facing significant pressure, affecting the entire cryptocurrency market, including heavyweights like XRP, Cardano, and…

Vitalik Buterin Urges Ethereum Builders to Innovate Beyond Clone Chains
Key Takeaways Vitalik Buterin criticizes the trend of creating copy-paste EVM chains, encouraging developers to focus on truly…

Best Crypto to Buy Now February 4: XRP, Solana, Hyperliquid Picks
Key Takeaways XRP remains one of the top picks for cross-border transactions due to its high speed and…

XRP Price Prediction: Ripple Quietly Unlocks a Billion Tokens – Is a Price Shock Coming in the Next Few Hours?
Key Takeaways Ripple has released one billion XRP tokens into the market, potentially causing a shift in XRP…

Google’s Gemini AI Predicts the Price of XRP, Ethereum, and Solana By the End of 2026
Key Takeaways Google’s Gemini AI forecasts significant growth for XRP, anticipating a price of up to $8 by…
Key Market Intelligence for February 5th, how much did you miss out on?
Wintermute: By 2026, crypto had gradually become the settlement layer of the Internet economy
Tether Q4 2025 Report: USDT Market Cap Nears $190 Billion, Multiple Metrics Reach All-Time Highs
Kyle Samani's about-face, one of the biggest believers in web3, has also left the industry
Bhutan Quietly Sells Over $22M in Bitcoin, Drawing Speculation Over Possible Moves
Key Takeaways Bhutan has transferred over $22 million in Bitcoin from sovereign wallets in the past week. The…
BitMine Endures a $7B Unrealized Loss as Ethereum Dips Below $2,100
Key Takeaways BitMine is facing a significant financial challenge with an unrealized loss of over $7 billion in…