Still holds $1.49 billion worth of TRUMP tokens, TRUMP team cashed out $249 million in 8 months

Odaily reports that according to GMGN data, PAID's market cap on Solana has fallen below $6 million, down over 88% from its peak market cap of $51.61 million. It currently stands at $5.88 million, with a 24H decline of nearly 40%.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily News: Pons founder Ozzy posted on X in response to community questions about the PONS buyback and burn mechanism, stating that the burn rate has indeed not yet been adjusted, and that the "Claim" process is still not fully decentralized.He stated that an on-chain contract upgrade is currently underway. The new buyback mechanism plans to execute a Claim every 7 days, then use all claimed funds over the following 7 days to buy back and burn PONS, repeating this cycle to establish a more sustainable buyback and burn mechanism. All buyback and burn operations are now automated. Anyone can trigger the bot and receive a small reward for doing so.He further stated that the previously set buyback and burn rate was 2e per hour, which, combined with the Splitter (fund allocation contract) currently holding about $950,000, matches a 7-day buyback cycle. After funds are claimed, they will also be automatically executed on a 7-day cycle, so buyback funds will appear in two separate sections: one is the Active Buyback Vault currently conducting buybacks, and the other is the buyback funds reserved for the next week.Previously, crypto analyst yyy posted on X stating that Pons had not replenished funds to the buyback distributor for over 5 days, with about $440,000 in pending claimable funds in the escrow account. The analyst believed that untimely fund Claims led to the recent low PONS burn rate, and called for promoting decentralization of escrow account fund claims.

Odaily News: Musk posted on X responding to rumors of a collaboration between his chip company Terafab and TSMC, stating that the two sides have only had relevant discussions but that it may yield results. Musk previously announced that the "Terafab" project will be jointly operated by Tesla and SpaceX and will be located in Austin, with the goal of reaching a computing capacity of one trillion watts per year, most of which must be used for space. The project's initial investment is $16.8 billion.

Odaily News: Analyst Ali posted on X platform that Bitcoin recently faced resistance in its attempt to reach $87,000, during which whales took profits and sold over 30,000 BTC. Meanwhile, $87,000 also marks the upper boundary of a price channel that has been suppressing BTC for over the past two weeks.Ali stated that in the short term, attention should be paid to the lower boundary of the channel at approximately $82,500. If BTC falls back to that level and whales begin accumulating again, it would serve as a confirmation signal for considering buying the dip, with the next rebound target set at $87,000.

Odaily News: Bonk Guy posted on X platform that meme coin SI has shown relative resilience during the recent market pullback, with holder addresses increasing to 60,000 within a week, including 30,000 new addresses in a single day; even after the pullback, daily trading volume remains at $15 million to $20 million. In addition, SI holders can receive tokenized NVDA rewards. Bonk Guy stated that as the largest holder, he has received five-figure USD worth of related rewards within a week.Bonk Guy stated that with the growth in holder addresses, trading volume, and market attention, combined with CEXs listing SI one after another, he is bullish on SI's future performance and believes SI could become one of the larger new meme coins of this cycle.According to GMGN data, SI currently has a market cap of $45.6 million, with a 24H gain of over 29.1%.

Odaily reports that Near co-founder Illia posted on X platform that over the past few weeks, the number of both new and existing developers in the NEAR ecosystem has increased significantly. As the development barrier lowers, the more important question is shifting from "how to build" to "what to build and how to achieve distribution."Illia also shared several potential development directions he believes in, including a verifiable inference AI Tamagotchi based on NEAR AI, a universal checkout component supporting any wallet and on-chain payments, an AI encyclopedia combined with prediction markets, a private OTC market based on NEAR Intents, position management that avoids liquidation, private code review, delta-neutral strategies, and private copy trading, among others.Additionally, he suggested that developers distribute products through NEAR Legion, Aurora Intent Connect, cross-community promotion, Product Hunt, and X.