24H Trending Coins & Headlines | Biden's Son Plans to Launch Meme Coin LAPTOP; Whale Loracle Continues to Add to PONS Short Position (September 8)
- Core Insights: This market report shows a broad decline across the cryptocurrency market, yet the privacy sector has emerged as the year's biggest winner, with ZEC leading gains and driving a surge in the sector's market cap. Meanwhile, former U.S. President's son Hunter Biden plans to launch a Meme coin called LAPTOP and has frequently expressed support for cryptocurrencies, drawing market attention.
- Key Elements:
- Among the top 10 CEX trading pairs by volume, only DOGE (+0.44%) and SUI (+1.93%) posted gains, while the rest declined, with ZEC seeing the largest drop (-4.70%). On the 24-hour gainers list, RAY led with +35.96%, while privacy coin ZEC also rose 10.72%.
- On-chain Meme hotspots are focused on ZCAT (Hachimi), while Hunter Biden plans to issue LAPTOP, a politically expressive Meme coin themed around the "laptop," with specific mechanics yet to be announced.
- Whale Loracle increased its 3x leveraged PONS short position to 25.74 million tokens, worth approximately $21.078 million. Blockstream has notified the white-hat hacker that the vulnerability is fixed, with roughly 3,998.5 BTC pending return.
- The privacy sector has become the only segment to outperform its previous market peak, rising 213% since October 6, 2025, with total market cap climbing to approximately $33.6 billion. ZEC's market cap ranking jumped from 82nd to 7th place, accumulating a 2,496% gain over the past year.
- Analyst Killa believes BTC's bottoming may signal an early accumulation phase for altcoins, favoring SOL, ASTER, and HYPE. Trader BonkGuy, meanwhile, is bullish on the stock-linked Meme narrative, predicting Meme token market cap could reach billions of dollars.
1. Top CEX Tokens
Top 10 CEX Tokens by Trading Volume & 24h Change:
- BTC: -1.11%
- ETH: -0.89%
- SOL: -1.98%
- XRP: -1.39%
- BNB: -1.57%
- ZEC: -4.70%
- DOGE: +0.44%
- SUI: +1.93%
- XAUT: +0.28%
- LINK: -2.84%
24h Top Gainers (Data source: OKX):
- RAY: +35.96%
- DOOD: +27.42%
- METIS: +20.63%
- JUP: +19.00%
- CATI: +13.66%
- TIA: +11.87%
- SWFTC: +10.99%
- ZEC: +10.72%
- WOO: +10.62%
- ZAMA: +10.43%
24h Top Crypto-Equity Gainers (Data source: msx.com). The US market was closed yesterday for Labor Day; the data reflects Monday's gainers:
- BEX.M: 10.45%
- BE.M: 5.26%
- VAPE.M: 4.99%
- AXTX.M: 4.64%
- BTOG.M: 3.02%
- LAZR.M: 2.77%
- AXTI.M: 2.37%
- SKDD.M: 1.93%
- AMRK.M: 1.88%
- QNTM.M: 1.85%
2. Popular On-chain Meme Tokens (Data source: GMGN):
- ZCAT
- Hakimi
- MEME
Headlines
Former US President Biden's Son Plans to Launch Meme Coin LAPTOP
Hunter Biden, son of former US President Joe Biden, plans to launch the Meme coin LAPTOP. Currently, details regarding the token's launch date, issuance size, and specific mechanisms have not yet been announced. Reportedly, the token is themed around the controversial "Hunter Biden laptop," a personal computer that generated substantial online discussion due to US political controversies. This token launch is also described as a political expression directed at Trump and his family.
Whale Loracle Continues to Add to PONS Short Position, Current Holdings Exceed $21 Million
Hyperbot data shows that whale Loracle continues to increase its 3x leveraged short position on PONS. Its holdings have now increased to 25,747,236 PONS, with a position value of approximately $21.078 million.
Blockstream Notifies White Hat Hacker of Vulnerability Fix, Approximately 4,000 BTC Await Return
Blockstream has notified the white hat hacker that the vulnerability is fixed and it is safe to return approximately 4,000 BTC. The hacker, who previously withdrew funds from the Liquid network, expressed willingness to return them but demanded that the vulnerability be fixed first. The two parties negotiated publicly via Bitcoin OP_RETURN messages.
The hacker initially proposed returning "most" of the BTC, then changed their stance, demanding the vulnerability be fixed first: "Ensure every node is patched; once confirmed, we will return the funds safely." The hacker also sent encrypted vulnerability details to Blockstream. About two hours ago, Blockstream responded with a PGP-signed OP_RETURN message stating that the nodes had been patched. Currently, 3,998.5 BTC remain under the hacker's control.
Industry News
Hunter Biden, son of former US President Joe Biden, has recently been frequently voicing public support for cryptocurrencies. In June this year, Hunter Biden stated that "decentralized digital currency and blockchain are the inevitable future." In the same week, when asked about his views on cryptocurrency, he directly replied "Hyperliquid." Furthermore, he mentioned that when deciding to sell his artwork, he wanted each piece to be tokenized on-chain and accept Bitcoin payments, adding that Andreas Antonopoulos' book "The Internet of Money" was an "eye-opener" for him.
US Senator: If CLARITY Act Fails This Congress, Next Legislative Opportunity May Not Come Until 2030
US Senator Cynthia Lummis stated on X that if the Clarity Act fails to pass in the current Congress, the next real opportunity to reintroduce market structure legislation might not come until 2030. She emphasized that completing this work now would prevent wasting years of job creation, investment, and tax revenue.
Project Updates
Long.xyz Co-founder: Committed to RWA Pairings Only, Next Goal is Further Scaling
Nate, co-founder of Long.xyz, stated on X that Long.xyz will continue to build assets and products around Robinhood Chain, adhering to the "RWA pairings only" development direction, which focuses on pairing real-world assets. He believes this model has the potential to create a new asset class and further bridge on-chain assets with the real world.
Investments & Fundraising
Zhihu Plans to Invest RMB 1.5 Billion to Establish AI Fund
Zhihu announced that its wholly-owned subsidiary has entered into a subscription agreement with the general partner and fund manager, planning to subscribe for RMB 1.5 billion in limited partnership interests of a fund using its own funds. Following the completion of the subscription, Zhihu expects to hold no more than a 30% interest in the fund.
The fund has a term of 7 years (extendable by up to two years) and an investment period of 4 years. It will primarily invest in early and mid-stage unlisted companies in the artificial intelligence and frontier technology sectors within mainland China, covering areas such as foundational models, AI infrastructure, robotics, and AI applications.
People & Voices
Analyst: Altcoins May Be Entering Early Accumulation Phase, Bullish on SOL, ASTER, and HYPE
Analyst Killa stated on X that historically, when BTC starts to form a bottom and slowly rise, it tends to be a good accumulation phase for altcoins. In the previous cycle, as BTC rose from $16,000 to $74,000, many altcoins recorded gains of 300%–500%. However, as BTC strengthened further and its market dominance increased, many altcoins began to face pressure.
Killa believes that if BTC's current bottom is confirmed, some altcoins may have also formed cyclical lows, prompting a recent shift towards selective re-accumulation of altcoins. The SOL position bought at $76 is currently up about 50%. The previously shared ASTER long position has a target of at least a 50% to 100% increase. The HYPE spot or long position established at $51.55 has subsequently risen by about 70%.
Glassnode stated on X that while Bitcoin remains 36% below its October 2025 highs and most crypto sectors are still at lower levels, the privacy sector has become the only one to outperform its previous market highs, up 213% since October 6, 2025.
Data shows that all top ten sectors have risen over the past 30 days, with the privacy sector leading the charge with a 90% gain. Currently, the total market cap of privacy-focused crypto assets ranked in the top 200 has risen to approximately $33.6 billion, a significant increase from $7.1 billion a year prior, with nearly half of that growth coming in the last 30 days. Notably, Zcash's (ZEC) market cap ranking has jumped from 82nd to 7th place, gaining 2,496% over the past year. Monero (XMR) has also seen its price double over the same period.
Trader BonkGuy (Unipcs) has provided further commentary on his bullish thesis for MEME. He noted that Robinhood helped elevate DOGE's market cap to roughly $88 billion in the previous cycle and introduced many retail investors to Meme coins for the first time. If the current stock-equity Meme narrative continues to expand, a token directly named "MEME" could possess a strong communication advantage.
BonkGuy believes that if stock-equity Memes further influence real stock markets, potentially triggering a phenomenon similar to the 2021 Meme stock short squeeze, attention on MEME could increase further. He emphasized that he is not buying based on insider information but rather betting on a developing new narrative. He has currently invested over $500,000, with an average entry market cap around $45 million.
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