The probability of Trump being elected as President of the United States has reached a new high on Polymarket, while BTC has risen above 68,000 USDT this week.

Written by: Alex Liu, Foresight News

Illustration by: Kiet, Foresight News

Note: "Weekly Hot Searches" statistics are compiled from user search results on Foresight News from last Friday to this Thursday (October 11 to October 17), with case sensitivity for the same concepts merged.

Sui Remains Hot

The popularity of "Sui" continues to rise, maintaining its position at the top.

The author has published a comprehensive guide to participating in the Sui ecosystem on X, welcome to check it out. For the latest updates on the Sui ecosystem, recommended reading: What Makes the Word-of-Mouth Marketing Platform Invested by Sui Developers Special? 6degrees plans to disrupt the $15 billion word-of-mouth marketing industry using artificial intelligence and the Sui blockchain.

Currently, Sui's popularity overshadows other public chains, but Aptos, another star of Move, has also been active recently in terms of price and ecosystem, deserving more attention. Lurking in the currently competitive but relatively small Aptos ecosystem may yield unexpected rewards. Recommended reading: Gold Mining Manual | Must-See Airdrops + High-Yield Opportunities on Aptos

Optimistic Election Leads to Crypto Surge

The probability of "Trump" being elected as President of the United States has recently hit new highs on Polymarket (a crypto prediction market), and as Trump is seen as a candidate friendly to crypto policies, the market has surged this week, crossing the 68,000 USDT mark.

While Trump's presidency may be beneficial for crypto, can the crypto projects he supports be trusted?

WLFI

The Trump family's crypto project World Liberty Financial "WLFI" has released its vision, aiming to become a one-stop service platform for DeFi, combining leading technologies in the blockchain industry with strategic partnerships and extensive distribution channels for mass adoption. WLFi will also launch a governance platform to help shape the protocol through governance. Additionally, WLFi plans to operate independent "instances" on Ethereum and Scroll, subject to approval by the WLFi governance platform.

The project has attracted professionals from the industry: According to The Block Pro, Rich Teo, the former CEO of blockchain financial services company Paxos, has joined the Trump family's crypto project WLFI as the head of stablecoin and payment operations.

However, the public token sale for the project has performed poorly: According to CoinDesk, the crypto project World Liberty Financial (WLFI), supported by the Trump family, sold only 4% of its expected token sale target within 24 hours of launch. WLFI sold over 792.36 million tokens, raising $11 million, falling short of the $300 million target. Each token was priced at $0.015, with holders averaging less than $1,000 in token value.

This may be related to its stringent token terms: According to the updated terms and conditions for the WLFI token sale, WLFI is only for governance and not as an investment tool; all WLFI tokens are currently indefinitely locked in wallets or smart contracts and are non-transferable; if there is a future desire to unlock the transferability of WLFI through the protocol governance process, the following conditions must be met: it must be determined that it does not violate applicable laws, and at least 12 months must have passed since the completion of the token sale; due to the non-transferability of the tokens, the company has not taken any action and does not plan to create a secondary market for the tokens; token purchases are non-refundable unless required by applicable law; WLFI reserves the right to refuse or cancel token purchase requests.

Additionally, documents indicate that approximately $30 million of the initial revenue is designated as reserves for operational expenses and other financial obligations. The Delaware company DT Marks DEFI LLC, associated with Trump, will receive 75% of the net protocol revenue. The Trump family will receive 2.25 billion WLFI tokens, valued at approximately $337.5 million based on this week's issuance price of 1.5 cents. The remaining 25% of the net protocol revenue will belong to the Puerto Rican company Axiom Management Group (AMG), wholly owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to allocate half of its revenue rights to Trump associate and political donor Steve Witkoff and affiliated companies of some of his family members, WC Digital Fi.

This means that Trump-associated companies will receive 75% of WLFI's net income without bearing any responsibility.

GOAT

The popularity of "Meme" continues to rise; could it really be a "Meme Super Cycle"? The latest hot topic is the AI-involved meme coin "Goat." Recommended reading: "I Ride the Narrow 'GOAT' Beneath Me, Racing Towards the Endless Abyss" for a comprehensive timeline and future vision of GOAT.

More Hot Terms

• The application window for "Puffer" has now opened. After applying, users can stake PUFFER, participate in governance through vePUFFER staking, increase rewards, and earn more points.
• StakeStone announced it will support the Trump family's crypto project World Liberty Financial "WLFI" and will collaborate with its official partners "Scroll" and AAVE for related liquidity cooperation, with more details to be disclosed later.
• At the "10th Global Blockchain Summit" hosted by Wanxiang Blockchain Lab, Hong Kong Legislative Council member (Technology and Innovation Sector) Paul Chan stated, "I hope Hong Kong can surpass Switzerland in wealth management density in the future. The government will consult on legislative proposals for regulating over-the-counter trading of virtual assets in the next phase and will introduce independent regulatory legislation for virtual asset custody services."
• According to reports, China Merchants Yonglong Bank has officially launched trading services for virtual asset exchange-traded funds (ETFs) in the Hong Kong stock market, becoming one of the first Chinese-funded banks in the "Hong Kong" region to provide virtual asset ETF trading services.
• The development team of decentralized exchange Uniswap, Uniswap Labs, announced the launch of its own Layer 2 network "Unichain." This network is built on Optimism's OP Stack technology and is scheduled to go live on the testnet on October 10, with the mainnet launching later this year. Unichain will introduce several technological innovations, including a trusted execution environment (TEE) developed in collaboration with Flashbots for block construction, as well as a community validation network. The TEE is expected to reduce block construction time to 200-250 milliseconds, significantly faster than the Ethereum mainnet and other Layer-2 networks.
• The modular data layer CARV announced it will transfer 1.2% of CARV token allocations to Aethir, specifically for staking pools. Users will have the opportunity to stake their CARV tokens and earn veCARV, with veCARV holders receiving voting rights within the CARV ecosystem. CARV stated that the partnership with Aethir enables it to more effectively support game developers, ensuring that a portion of the tokens is used to promote game development and innovation.

This week's hot searches also reflect a trend: the popularity of "Ton" is declining.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。