Evening MustReads 5 Articles Tether USDT Market Cap Hits AllTime High

CoinWorld reported:
1. Token2049 Collection: Industry Reshuffling, Bull Market Yet to Fully Land
In 2024, the cryptocurrency industry is still full of challenges and opportunities. This year, we once again focus on Token 2049 in Singapore and select 10 insightful and sharp “short essays” to explore potential investment opportunities.
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2. IOSG Founder TOKEN2024’s Cold Thinking: Industry Calls for Real Users and New Funds, Ethereum Cannot Only Talk about Emotion and Ideal
This year’s Token2049 exhibition has grown in scale, with the number of attendees reaching twice that of last year, surpassing 20,000 people. Even Grab drivers lamented that the number of participants in the cryptocurrency event this week seemed to exceed that of Formula 1 spectators. In multiple events, overseas audiences and speakers accounted for more than half. Without a doubt, this exhibition may become the most successful and profitable edition in the history of Token2049.
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3. Aerial View of Intent Centric Primitives and Instantiation Process
Intent Centric primitives, proposed by Paradigm, had been a popular topic of discussion in the industry for a period of time last year. However, the terminology of this new primitive is somewhat esoteric, and many people in the market find it somewhat difficult to understand.
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4. AAVE On-chain Data Deep Dive Report
The largest holdings of AAVE investors are AAVE itself, which is naturally the most common answer. The second and third largest holdings are ETH and USDT, respectively. Other holdings include ONDO, USDC, UNI, FET, LINK, PENDLE, ETH, stETH, aETHAAVE, and USDT. From the graph, it can be seen that the investors prefer more traditional projects rather than the latest hot topics and narratives.
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5. $120 Billion! Tether USDT Market Cap Reaches New All-Time High
Tether’s largest stablecoin, USDT, continues to grow, further consolidating its dominant position in the market. According to Bein Crypto’s data, the market cap of USDT has approached $120 billion for the first time.
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