Avail has raised $43M in the Series A funding round

The round was co-led by Founders Fund, Dragonfly, and Cyber Fund. Other investors include SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Foresight Ventures and more.

Avail is the essential modular blockchain base layer for trust-minimized applications. It focuses on data security, enabling light clients to verify data through sampling over a P2P network.

👉 x.com/AvailProject/status/1797978214284808610

RECENT ALTCOIN NEWS & EVENTS

Presenting the most interesting and important crypto market events that recently took place.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 3.2% and added 3.6% in the last 7D
🔹 YooShi $YOOSHI grew by 18.5% and led the NFT Gainers Rank
🔹 Cream $CREAM gained 21.8% and headed the DeFi Gainers Rank

Top-11 PJTs with Market Cap from $500M to $1B by Undervaluation Index (UI*)

*UI is a Market Cap to 24H Trading Volume ratio applied to PJTs with a similar Market Cap. The lower the UI, the more the PJT is undervalued.

TOP-11 WEEKLY STABLE PRICE GAINERS

Introducing PJTs with the highest weekly price increase and stable positive 1D, 30D, and 3M price performance.

Cookie3 has raised $5.50M in a funding round led by The Spartan Group and Animoca Brands

Other investors included Mapleblock Capital, CMT Digital, GSR Markets, ChainGPT, Hartmann Capital, Big Brain Holdings, LD Capital, Dewhales Capital, Sebastien Borget, and more.

Cookie3 is a MarketingFi that create a transparent economy that benefits users, creators, and businesses, enabling profitable connections between projects and audiences.

👉 x.com/Cookie3_com/status/1798019410034303315

NFT MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the NFT market occurred:
🔹 Total NFT Market Cap increased by $1.3B up to $29.7B
🔹 My Neighbor Alice $ALICE increased its price by 56.7% and got 1st place in the Top NFT Coin Price Gainers
🔹 The most expensive NFT sale was CryptoPunk #3374 (CryptoPunks) with a deal price of $152K.

Ultiverse (ULTI) to be listed on multiple exchanges

ULTI trading will go live on June 6th, 10:00 UTC. Withdrawals will go live in 24 hours after the listing. Ultiverse is an integrated Web3 platform with GameFi, NFTs, DeFi, Marketplace, and Liquid Staking.

Ultiverse empowers users to conceive, create, and inhabit immersive digital realms, utilizing AI and blockchain technology for the creation of on-chain games and the integration of NFTs.

👉 x.com/UltiverseDAO/status/1797582726205423690

M^0 (M) has raised $35M in a Series A funding round led by Bain Capital

Others investors included Galaxy Ventures, Wintermute Ventures, and GSR. In 2023, it raised $22.5M in seed funding backed by Pantera Capital, Parafi Capital, Standart Crypto and others.

M^0 is a stablecoin minting protocol based on Ethereum where approved entities can create a stablecoin called M, which is overcollateralized by U.S. Treasuries only.

👉 theblock.co/post/298611/bain-capital-crypto-m0-stablecoin-protocol-funding

bitsCrunch (BCUT) has launched AI-Powered Reverse Image Search

This tool allows users to effortlessly discover similar NFTs, verify the authenticity of their assets, and ensure secure wallet connections for added peace of mind.

bitsCrunch is an AI-powered, decentralized NFT data platform designed to facilitate the development of reliable NFT dApps. It offers high-quality NFT analytics through AI technology.

👉 x.com/bitsCrunch/status/1798325966395396265

RECENT ALTCOIN NEWS & EVENTS

Presenting the most interesting and important crypto market events that recently took place.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 0.2% and added 5.0% in the last 7D
🔹 Holograph $HLG grew by 16.7% and led the NFT Gainers Rank
🔹 GMX $GMX gained 21.0% and headed the DeFi Gainers Rank

IО.NЕT (IO) will be the 55th PJT launching on Binance Launchpool

Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens over four days, with farming starting from 2024-06-07 00:00 (UTC).

Launchpool details:
🛸 Farming period: June 7 – June 10
🛸 Eligible currencies: BNB & FDUSD
🛸 Total BNB Pool: 17,000,000 IO
🛸 Total FDUSD Pool: 3,000,000 IO

👉 binance.com/en/support/announcement/introducing-io-net

Top-13 PJTs by Exchange Inflow

Exchange inflow - a percentage of tokens are moved from non-exchange to exchange wallets out of a total token flow.
Exchange outflow - a percentage of tokens are moved from exchange to non-exchange wallets out of a total token flow.

BNB CHAIN ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes on the BNB Chain market occurred:
🔹 BNB Chain Market Cap decreased by $17.4B up to $117B
🔹 Burger Swap $BURGER grew by 76.5% and led the Gainers Rank
🔹 Biswap $BSW heads the Top Gainers by Weekly Trading Volume

Raiinmaker (СOIIN) unveiled its mainnet launch on June 25

Raiinmaker is an AI-powered app that rewards users for creating AI content and training models. It leverages AI and Web3 infrastructures to ensure a safe and fair distribution of rewards.

Previously, Raiinmaker announced $COIIN Testnet Validator Airdrop. Participants can receive tokens by following simple steps, including signing up on Coiin.АI and downloading the App.

👉 x.com/Raiinmakerapp/status/1796605063156085048

Match Chain (MAT) has launched Match Quest Bot

MatchQuestBot is a new gamified mini-app integrated into the Matchchain on Telegram. Users can access the bot directly through the Matchchain channel and start earning Match Points.

Match Chain serves as an interoperable user traffic middle layer dedicated to accelerating mass adoption by bridging the gap between Web 2 and Web 3, powered by Cosmos SDK.

👉 MatchQuestBot/start?startapp=0173013638a04f52a9d10d784c1622a4

TVL distribution among Sui Ecosystem PJTs

Total Sui Ecosystem TVL: $860M
1. NAVI Protocol TVL: $180M
2. Cetus TVL: $146M
3. Scallop TVL: $140M

Sandbox (SAND) has raised $20M in convertible debt

Funding was led by Kingsway Capital and Animoca Brands, and joined by LG Tech Ventures, True Global Ventures, SoftBank, Sound Ventures, Samsung Next, Polygon Studios, and others.

The Sandbox is a virtual metaverse where players can build, own, and monetize their gaming experiences on the Ethereum blockchain using the platform's utility token SAND.

👉 coindesk.com/business/2024/06/06/the-sandbox-raises-20m-at-1b-valuation-sand-rises-45/

RECENT ALTCOIN NEWS & EVENTS

Presenting the most interesting and important crypto market events that recently took place.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 0.2% and added 4.2% in the last 7D
🔹 Genopets $GENE grew by 83.7% and led the NFT Gainers Rank
🔹 Injective $INJ gained 17.6% and headed the DeFi Gainers Rank