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VIPBitget VIP Weekly Research InsightsMemecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.
- 19:11Trump: will respond to EU counter tariffsUS President Donald Trump says he will respond to the EU's counter tariffs.
- 19:09Institutions: Inflation data doesn't seem to leave room for Fed rate cutsInflation data does not signal a rate cut to the Federal Reserve, writes Steven Blitz, chief U.S. economist at TS Lombard. Although the CPI fell from 3 per cent to 2.8 per cent in February, ‘there are enough anomalies in the data to cast doubt on any attempts to view it as a trend.’ Blitz said commodity prices excluding food and energy grew at a seasonally adjusted annual rate of 2.7% in February, an improvement from 3.5% in January, but still volatile. He said this was ‘the category where the impact of tariffs was most pronounced in the first round.’ Eventually, employment will continue to rise, and so will inflation.
- 18:59Spot gold hits $2940/oz upwards, up 0.82% on the daySpot gold touched $2940 per ounce upwards, up 0.82% on the day.