"MIGGLES"

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Discover how Mister Miggles (MIGGLES) is reshaping the memecoin landscape with its unique blend of community appeal, blockchain utility, and fair tokenomics. Learn about its growth potential and market positioning.

Gate Research Daily Report: On January 15, Bitcoin price increased by 2.43% to $97,180.9, while Ethereum price rose by 2.48% to $3,230.84. Lido's transaction fees surpassed $2.14 billion, with revenues exceeding $213 million. USDC issued another 50 million tokens, reflecting the ongoing rise in stablecoin demand. The correlation between Bitcoin and tech stocks reached nearly 0.70, the highest in two years. Bio Protocol has partnered with YesNoError and Long COVID Labs to support research on long-term COVID. Genius Group launched a $33 million warrant financing, which will be fully allocated to Bitcoin reserves.

The success of social networks relies on three core pillars: the potential to accumulate social capital, standards for measuring entertainment, and practicality. Although Friendtech and FantasyTop experienced an initial surge in users, they quickly lost them due to a lack of real value. The core issue with SocialFi applications lies in their heavy reliance on financial incentives, which creates a vicious cycle. For SocialFi applications to achieve long-term sustainability, they need to develop enough value to maintain user engagement. Their products must shift from purely financialized products to those that can capture attention in the attention economy.