At the latest interest rate meeting of the Federal Reserve last night, it was announced that the benchmark policy rate would be lowered by 25 basis points, from 4.25% to 4.5%. Although this result was in line with market expectations, the hawkish wording in the statement and the adjustment of economic forecasts had a relatively obvious negative impact on market sentiment. Today's cryptocurrency opened in a bleak manner, with the prices of major mainstream coins and altcoins falling significantly. Bitcoin fell below $100,000 on the morning of the 19th, and Ethereum fell from $3,906 to a low of $3,543. According to Coinglass data, the entire network had a liquidation of $843 million in the past 24 hours, of which long orders were liquidated for $743 million and short orders were liquidated for $100 million.

However, in the market's overall decline, AI concept coins represented by ARC and "Fartcoin" concept coins represented by UFD stood out, not only unaffected by the cooling market environment but also surging strongly, frequently setting new highs, becoming the two major golden dogs of the day.

Despite the cooling market sentiment today, influenced by the popularity of high trading volume tokens like Fat Penguin, UFD, and FARTCOIN, the 24h trading volume on Solana chain has shown a significant increase compared to previous days, and the overall market trading volume remains at a high level.

AI concept

ARC

ARC is a development platform driven by a Rust framework (called RIG) for AI agents, serving as a tool for the AI field, suitable for highly optimized and high-performance AI applications. On the early morning of the 19th, the ARC project team revealed the following content on Twitter space:

1. ARC uses Solana's "native language" Rust to build an open-source AI agent framework, making the development language accessible, and will closely collaborate with Solana in the future.

2. There are over 1000 stars on GitHub, and it's still increasing.

3. ARC created an agent launchpad and linked the Arc token to the LP of each agent, facilitating the integration of ARC tokens into the reward mechanism economic model. Thus, ARC is also known as Virtual on Solana.

The above indicates that ARC is a technically capable and strong team that continuously innovates and seeks cooperation and development.

On the early morning of the 19th, ARC's market cap began to rise, maintaining a strong growth momentum. At the same time, the Federal Reserve's latest interest rate meeting announced a 25 basis point cut in the benchmark policy rate, and the hawkish wording in the statement and adjustments to economic forecasts negatively impacted market sentiment, resulting in noticeable declines in Bitcoin, Ethereum, Solana, and altcoin prices. Amidst the downward trend, ARC steadily broke through its previous high to 244.6M and maintained strong growth momentum, exhibiting remarkable performance.

As a token that has maintained the highest trading volume in the AI Agent field for several days and has strong technical backing, ARC is favored by many investors for its future development potential, expected to lead a new generation of AI Agent trends.

Highest market cap: 244.6M

Current market cap: 210.7M

24h trading volume: 49.2M

Today 12 AM (GMT+8) highest profit from buying: 21.69%; current profit: 4.83%

DAIGE

DAIGE is a perceptive AI dog and the cyberpunk brother of Doge. Its dream is to be adopted by Elon and colonize Mars. DAIGE is an AI product developed based on the Eliza framework, and the founding team has over 7 years of experience in AI and Web3, having previously launched products in areas like Optimism, Filecoin, and NATO. The high popularity of the AI+DOGE+Musk Mars concept, combined with an excellent founding team, has filled DAIGE's buff, and the token surged to 15M within 4 hours after issuance, and then saw some pullback, with the market cap oscillating around 6M.

Highest market cap: 15M

Current market cap: 6.1M

24h trading volume: 30.2M

Today 12 AM (GMT+8) highest profit from buying: 24.36%; current profit: -21.79%

APPLE

APPLE (dog with apple in mouth) belongs to the trending TikTok concept. a16z co-founder Marc Andreessen once retweeted a creative video related to APPLE. The apple dog, relying on the huge influence of the TikTok platform, formed a viral spread, greatly enhancing the popularity of meme tokens. On the early morning of the 19th, Adidas released a 5-second apple dog video on TikTok, driving the rapid surge in APPLE's price, also leading to a wave of AI fan-created cute apple dog videos.

Highest market cap: 78.9M

Current market cap: 38.6M

24h trading volume: 23.8M

Today 12 AM (GMT+8) highest profit from buying: 6.43%; current profit: -8.1%

"Fartcoin" concept

At 8 PM on December 18, Binance announced the second batch of the Binance Alpha list, which included the recently popular Fartcoin. Once the list was published, UFD, related to the Fartcoin concept, surged by as much as 210.76% within 4 hours. In today's imitation, FB (Fart Bird) surged to a maximum of 7.87M within two hours, showcasing strong growth momentum.

UFD

UFD, short for Unicorn Fart Dust, is published by someone from the baby boomer generation and proves the value of cryptocurrency, humorously referred to by netizens as "old man's joy." Once released, this token quickly surged to around 30M, and after the second batch of Binance Alpha list was announced on the evening of December 18, UFD rapidly rose to nearly 100M, subsequently breaking through to around 150M today at noon, maintaining strong upward momentum.

Highest market cap: 159.1M

Current market cap: 144.7M

24h trading volume: 120.5M

Today 12 AM (GMT+8) highest profit from buying: 70.16%; current profit: 54.76%

FB

FB, FartBird, has a narrative similar to UFD, with the issuer being 63 years old, also using "old man issues new coins" as a selling point to attract attention, while also promoting itself based on the coincidence of having the same abbreviation "FB" as FaceBook. Once released, the market cap quickly surged, reaching 7.87M within two hours, but subsequently began to decline, currently fluctuating around 2M.

Highest market cap: 7.87M

Current market cap: 2.9M

24h trading volume: 24.4M

Today 1 AM (GMT+8) (after opening) highest profit from buying: 1024.29%; current profit: 314.29%