Quick overview of spot trading in the past 15 minutes:



Among the top three coins leading the gains, PERP (Perpetual Protocol) performed the most impressively with a 5.93% increase; MOG Coin followed closely with a 3.13% rise; Dash also saw a slight increase of 1.7%.

On the downside, Berachain experienced the deepest decline at -2.73%, Raydium fell back by -2.03%, and Useless Coin dropped by -1.99%, indicating clear market divergence.

In terms of trading activity, BTC remains the core driving force behind spot transactions, maintaining the top spot on the large transaction leaderboard. In the short term, the market shows a typical divergence trend—hot protocol tokens are strengthening, while some ecosystem tokens are under pressure and pulling back.
PERP-1,26%
MOG-9,59%
DASH18,35%
BERA-6,1%
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GasFeeCrybabyvip
· 1h ago
PERP is showing off again, this rhythm is quite interesting --- Berachain's dip, luckily I didn't hold a heavy position --- Protocol tokens are still resilient, why are all the ecosystem tokens wilting? --- BTC is forever the god, only it can support the spot market --- MOG surged so strongly, why didn't I catch up... --- This level of differentiation really tests the eye for choosing coins --- The 5.93% increase in PERP looks comfortable but I always feel there's a trap --- Raydium was hit again, when will it turn around? --- Protocol tokens are popular, have ecosystem tokens really become cannon fodder? --- BTC trading volume is so strong, is there still hope in the short term?
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NFTArchaeologisvip
· 1h ago
PERP's recent surge is quite interesting. Protocol tokens are indeed playing out a certain cyclical narrative—let's see how long the current fundamentals can sustain this momentum.
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JustHodlItvip
· 1h ago
PERP's recent surge is pretty good, but it feels like the protocol tokens are a bit drifting this week? BTC remains so steady, it's boring.
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GasFeeNightmarevip
· 1h ago
PERP's recent surge is quite impressive, but I still believe in BTC's resilience. Protocol tokens can rise easily but also fall quickly. Don't be fooled.
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ThesisInvestorvip
· 1h ago
PERP's recent surge is indeed impressive, but it seems like the protocol tokens are all just cycling within the hype phase.
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MEVvictimvip
· 1h ago
PERP's recent surge is still somewhat interesting, but looking at how Berachain is dropping... forget it, it's another feast for protocol tokens and a nightmare for ecosystem tokens. I'm tired of this pace.
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