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Are ZEC's miner economic model, network security, and on-chain activity truly sufficient to support an FDV of over 10 billions USD?

In the short term, the $95,000 to $97,000 range may form a local resistance. If the price can reclaim this range, it indicates that the market is gradually returning to balance.

How should we view this celebrity token from Base?

The market has entered a comprehensive defensive phase.

With increasing trading volume, a high share of fees, 97% buyback, and a buyback-to-market-cap ratio of 8.5x, if Hyperliquid continues to perform well, this provides a very clear and rational path for price appreciation.

A token born from meme culture is now attempting to evolve into infrastructure.



- 13:30Breaking NewsU.S. September unemployment rate: 4.40% (vs. 4.30% expected, 4.30% prior); Non-farm payrolls (seasonally adjusted): 119K (vs. 50K expected, 22K prior);
- 13:15Blockchain-powered trading platform HelloTrade completes $4.6 million funding round, led by Dragonfly CapitalChainCatcher reported that HelloTrade, a blockchain-driven trading platform co-founded by former BlackRock digital asset team members Kevin Tang and Wyatt Raich, has completed a $4.6 million first-round financing. The round was led by Dragonfly Capital, with participation from Mirana Ventures and support from angel investors. HelloTrade aims to provide global investors with access to US asset investment channels through cryptographic technology, addressing the difficulties overseas users face in purchasing US stocks and other traditional investment products. The platform also offers perpetual futures trading services, allowing users to gain asset exposure beyond the platform's cash holdings. Kevin Tang previously served as Senior Director of BlackRock's digital asset team, while Wyatt Raich was the Head of Engineering at the company's Digital Asset Lab. Both were involved in the development of the iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA) ETF products during their tenure. HelloTrade's product is expected to officially launch by the end of this year or early next year.
- 13:12Tether invests in Parfin to accelerate USDT adoption in the Latin American marketJinse Finance reported that Tether has announced an investment in Parfin, with the specific amount undisclosed. Parfin is a digital asset custody, tokenization, trading, and management platform in Latin America, aiming to accelerate the adoption of USDT in institutional use cases and improve access to efficient blockchain-based settlements in the region.