Daily Top Performer — Neiro (NEIRO)

The SPX index was down by 0.16%, marking its second consecutive decline, as weak manufacturing data and recession fears weighed on the market.

Top Cryptocurrency Gainers

The cryptocurrency market experienced a slight uptrend on Monday, as angezeigt by the Coindesk Indices, with a 2.65% increase in the past 24 hours. Among the top performers, Neiro (NEIRO) surged 119.8% following the launch of a "Trade to Earn" campaign by BTSE.

Over the past 24 hours, Bitcoin (BTC) rose by 0.10%, trading at $20,120 at the time of writing. Meanwhile, Ether (ETH) dropped by 0.23%, priced at $1,500.

The S&P 500 (SPX) index declined for a second consecutive day on Monday, as weak manufacturing data and persistent fears of a potential recession weighed on the market. Energy and tech shares led the losses, with Exxon Mobil and Nvidia experiencing significant drops.

Investors shifted their focus to upcoming labor market data, which is crucial for the Federal Reserve's decision on future interest rate hikes. A strong labor market typically supports the case for further rate increases.

Among the top performers, Neiro (NEIRO) surged 119.8% following the launch of a "Trade to Earn" campaign by BTSE.

According to a blog post by BTSE, the campaign aims to boost Neiro's presence in the crypto community and features participation in Ethereum (NEIRO) markets. Participants who trade at least $50 worth of NEIRO tokens during the campaign period, which spans from September 4 to September 11, 2024, will be eligible to share in a prize pool of 3,400 NEIRO tokens.

The campaign commenced on September 4 and will conclude on September 11, 2024. Afterward, the exchange will calculate the total trading volume for each participant and allocate rewards proportionally.

The blog post also highlighted that the campaign is available to all users, except those from the United States, Mainland China, Hong Kong, Singapore, Canada, and regions where crypto derivatives are prohibited. Moreover, users who register on BTSE after the campaign launch are not eligible to participate.

Finally, the exchange noted that token rewards will be credited within 30 business days after the campaign ends and that the campaign rules are subject to change at BTSE's discretion.

For further details on the Neiro Trade to Earn Campaign, visit BTSE's blog.

Check Out the Latest Prices, Charts, and Data of NEIROETHUSDT Perp and NEIRO/USDT Spot!

Talk of the Town:

Polygon has announced an upgrade for MATIC, where it will now be known as POL and will serve as the native gas and staking token for the Polygon PoS network. This marks the beginning of Polygon's journey toward Polygon 2.0.

In a community-driven migration, MATIC holders can now convert their tokens to POL on a 1:1 basis through the Polygon Portal. This move aims to introduce a new era of tokenomics for Polygon.

Once the migration is complete, POL will play a pivotal role in Polygon's evolution as an aggregated blockchain network (AggLayer), supporting future functionalities that extend beyond securing a single network.

The upgrade is designed to be backward compatible, ensuring a smooth transition for users and applications. Notably, any MATIC tokens remaining after the migration will continue to be valid and can be converted to POL at a later stage.

As Polygon advances, it will introduce further updates to tokenomics, including a 2% emission model for network security and community development, among other upcoming changes.

Check Out the Latest Prices, Charts, and Data of MATICUSDT Perp and POL/USDT Spot!

Bitcoin Spot ETF Flows:

A review of the latest Bitcoin Spot ETF data reveals a total outflow of $37.2 million on Monday. Breaking down the figures, we observe a $34.2 million outflow from GBTC and a $3.0 million inflow from non-GBTC sources.

This brings the total year-to-date net outflow to $2.1 billion, with $1.9 billion in outflows from GBTC and $0.2 billion in inflows from non-GBTC sources.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot!

Airdrop to Watch:

The Grass airdrop checker is now live, enabling users to verify their eligibility for allocations from Closed Alpha and Epochs 1-7.

A total of 1 billion GRASS tokens are allocated for airdrops, and the initial distribution is as follows: 1.5% for Closed Alpha, 7% for Epochs 1-7, and additional allocations for the Bonus Epoch and future releases.

While claims are not yet available, users can check their airdrop status on the Grass website

The above is the detailed content of Daily Top Performer — Neiro (NEIRO). For more information, please follow other related articles on the PHP Chinese website!