According to BlockBeats news on August 20, data from geckoterminal shows that X Layer's on-chain Trading Volume reached 19.2 million USD in the past 24 hours, a decrease of 47.73% compared to the previous period, with a total of 125,100 transactions. The market capitalization of the on-chain Meme coin OKAY on X Layer is currently reported at 6 million USD, with a 24-hour rise of 73% and a volume of 3.74 million USD. The market capitalization of the on-chain Meme coin XDOG on X Layer is currently reported at 6.74 million USD, with a 24-hour Trading Volume of 2.56 million USD. Additionally, according to l2beat data, the X Layer network.

According to Jinse Finance, Thumzup Media Corporation, a social media company in which Trump’s eldest son Donald Trump Jr. has invested and holds reserves in Crypto Assets, announced the acquisition of the DOGE Mining company Dogehash Technologies. The specific acquisition amount has not been disclosed, and Dogehash will trade under the new stock code "XDOG" on the NASDAQ stock market. It is reported that the company currently owns about 2,500 Scrypt ASIC Mining Rigs in North America and also mines Scrypt Algorithm assets such as Litecoin. After the acquisition is completed, it is expected to deploy more equipment later this year.

According to BlockBeats news on August 16, based on GMGN market data, the X Layer on-chain Meme coin XDOG briefly exceeded a market capitalization of 13 million USD, with a 24-hour rise of 540%. BlockBeats reminds users that the price fluctuations of Meme coins are quite significant, so please pay attention to asset protection and avoid FOMO.