Key Focus on Market Trends

1. Macroeconomic Data

This Wednesday at 21:30, Big M will announce the November CPI year-on-year data, with the previous value at 2.6% and a forecast value of 2.7%.

2. Situation of Altcoin Sector

DeFi Sector: Performing well with continuous increases,

SUSHI surged over 40% due to the launch of products such as the Solana chain platform Wara and perpetual DEX Susa.

On-chain Meme Sector: Slight rebound, with coins like RIF showing performance, but overall market conditions are average. AI-related memes like AI16Z have broken new highs but failed to drive a general rise.

Meme coins listed on CEX:

FLOKI and BONK have seen considerable increases, but PEPE did not sustain market growth after reaching new highs.

3. Token-related Updates

Magic Eden Token ME: The TGE (Token Generation Event) will take place on December 10, and the qualification inquiry for token airdrop is now open.

BN Operations: On December 10 at 11:00, spot trading for GFT, IRIS, KEY, OAX, and REN will be delisted and stopped.

Sui ecosystem lending protocol Suilend: Plans to launch the token SEND on December 12.

4. Platform Responses and Project Market Cap Changes

BN Response: In regard to the incorrect market cap data for USUAL and ACX, the project parties have been contacted to update the data and improve the information verification process.

Pre-sale Project Situation: The pre-sale meme project CULT launched by the founder of Milady has seen its market cap drop from 1B to 700M.

5. Token Unlock Reminders

Pay close attention to the unlocking situation of tokens such as APT, STRK, SEI.