24H Popular Cryptocurrencies
1. Popular CEX Cryptocurrencies
CEX Trading Volume Top 10 and 24-hour Price Changes:
BTC: +0.4%
ETH: +5.1%
XRP: +4.4%
SOL: +6.3%
DOGE: +5.6%
ADA: +5.1%
TRX: +4.4%
AVAX: +6.6%
LINK: +9.9%
TON: +4.1%
24H Price Increase Rankings (data from OKX):
CVX: +17.76%
ELON: +17.65%
UXLINK: +17.16%
MOVE: +15.17%
MORPHO: +15.09%
AGLD: +14.3%
HMSTR: +14.2%
SUI: +13.96%
ZENT: +13.28%
AAVE: +12.44%
2. On-chain Popular Meme Top 5 (data from GMGN):
Fartcoin
PENGU
NEUR
BLESS
lou
3. Today's Hot Search Cryptocurrencies
Fartcoin: Fartcoin (9 BB 6 N...ump) is a Solana meme coin, with 24H trading volume ranking in the top five of the popular meme list for several days. Its narrative is about collecting memes and jokes related to 'farts' to create a movie. Essentially, it is a kind of new meme community building mechanism. Currently, the 24H trading volume exceeds $60 million, with a current market cap of $747 million.
Headlines
MicroStrategy's stock price has risen by 477% this year, second only to AppLovin among U.S. tech companies with a market cap over $5 billion.
According to FactSet data, from the beginning of 2024 to last Friday's close on December 20, MicroStrategy's stock price has risen by 477%, ranking second among all U.S. tech companies with a market cap over $5 billion, only behind AppLovin. Previously, the company's stock price increased by 346% in 2023. On Monday, MicroStrategy announced in a filing that over the past week, the company acquired 5,262 bitcoins for approximately $561 million, at a price of $106,662 per bitcoin. This brings the company's total holdings to 444,262 bitcoins.
Hyperliquid Labs: Currently not affected by North Korean hacker attacks, user funds are well managed.
Hyperliquid Labs released an announcement stating that they are aware of reports regarding the activities of so-called North Korean hacker addresses. In fact, Hyperliquid is currently not under attack from any North Korean hackers—nor has any form of attack occurred. All user funds are being well managed. Previously, it was reported that several North Korean hacker addresses were trading on Hyperliquid, raising concerns among community members that these trading activities might indicate that North Korean hackers have targeted Hyperliquid as a potential target and are testing the system's stability through trading.
Industry News
MicroStrategy will hold a special shareholder meeting to vote on key proposals to accelerate the 21/21 plan.
MicroStrategy announced that it will hold a special shareholder meeting to vote on key proposals aimed at accelerating the 21/21 plan, streamlining the financing process, and aligning board member compensation with the company's Bitcoin-centered strategy. The main proposals include: 1. Increasing the authorized Class A shares from 330 million to 10.33 billion to support future financing; 2. Increasing the authorized preferred shares from 5 million to 1.005 billion to expand financing options; 3. Modifying the 2023 equity incentive plan to provide automatic equity awards to new board members.
The National Bank of Ethiopia may release cryptocurrency guidelines, indicating a potential shift in regulatory stance.
The National Bank of Ethiopia may release cryptocurrency guidelines. Although Ethiopia has not yet confirmed the legality of cryptocurrencies, the National Bank is closely monitoring global developments, which may indicate a shift in Ethiopia's stance on digital currencies.
The digital asset framework proposed by Michael Saylor aims to generate up to $81 trillion for the U.S. Treasury.
MicroStrategy founder Michael Saylor recently proposed a digital asset framework for the U.S., stating: 'Strategic digital asset policy can strengthen the dollar, offset national debt, and make the U.S. a global leader in the 21st-century digital economy.' The framework proposes establishing strategic Bitcoin reserves 'capable of creating $16 to $81 trillion in wealth for the U.S. Treasury to offset national debt.' The proposal defines six different categories: digital commodities like Bitcoin, digital securities, digital currencies, digital tokens, NFTs, and asset-backed tokens, aiming to establish clear roles for issuers, exchanges, and owners while emphasizing that no participant can 'lie, cheat, or steal', and defining specific rights and responsibilities for each type of participant.
Project News
The Tensor Season 4 reward claim checker has been launched, and claims will begin at the end of January next year.
The Tensor Foundation announces that Season 4 has ended, and the reward claim checker is now online. A total of 4% of the TNSR supply will reward active users of Tensor Protocols in S4, amounting to approximately $20 million. Nearly 50,000 wallets are eligible for S4 rewards.
S4 reward claims will begin at the end of January 2025, and users claiming through the VECTOR application will receive an additional 25% TNSR reward.
Uniswap Labs and Blockaid collaborate to develop a new token alert system.
Uniswap Labs and web3 security company Blockaid have collaborated to develop a new on-chain detection and response system to protect DEX users from malicious token attacks. If users interact with tokens flagged as potentially malicious, Blockaid's tools will alert them. The tool will be launched on Uniswap's web version, mobile version, and self-custody crypto wallet extension. It combines static (comparing contract source code with known viruses) and dynamic (using a virtual environment to trigger contracts) verification heuristic methods and various machine learning capabilities to help verify the legality of tokens.
Binance Alpha announces the fifth batch of project tokens.
According to official news, Binance Alpha has announced the fifth batch of project tokens, which includes four project tokens: ZEREBRO, COOKIE, WHALES, and ORDER.
Animoca co-founder: As a Christmas gift, will distribute its MOCA tokens to the community in two phases.
Animoca Brands co-founder and executive chairman Yat Siu posted on X stating that as a Christmas gift, the MOCA tokens obtained through the MOCA NFT during the TGE will be airdropped to the community in two phases. The first phase will primarily reward users who interacted with tweets released at the time of the MOCA TGE and the MOCA community, while the rules for the second phase are still under consideration.
Voices from Figures
Real Vision founder: SOL is likely to have a good breakout and may continue to rise.
Raoul Pal, former Goldman Sachs executive and founder of macro research firm Real Vision, posted on X, saying, 'SOL looks like a good breakout and should continue to rise after retesting. Let's wait and see.'
Opinion: The speculative frenzy around Bitcoin and crypto-related stocks is unlikely to subside in 2025.
Strategists believe that the speculative frenzy surrounding Bitcoin and crypto-related stocks is unlikely to subside in the new year. Steve Sosnick, chief strategist at Interactive Brokers, stated, '2024 is a year of speculation, which has evolved into a self-fulfilling frenzy in recent weeks. While these trades sometimes encounter trouble, the most recent being after the Federal Reserve's December meeting, investors have been willing to buy the dips. Sosnick said, 'When something has been used by many people for a long time, they are reluctant to let go.' Moreover, these trades do work. After anticipating that Trump's election would create a friendly regulatory environment for cryptocurrencies, Bitcoin set a historic high of over $100,000 in December. Crypto-related stocks have also been rising, with software company and Bitcoin hoarder MicroStrategy leading the way, up over 400% this year.
Santiment: In the past two weeks, the sentiment of most investors has shifted from bullish to bearish, with a sharp decline in interest in meme coins.
Santiment posted on X: 'In the past two weeks, the sentiment of most cryptocurrency investors has remarkably shifted from bullish to bearish. As the market cap has retraced (especially altcoins), interest in meme coins has significantly decreased, while interest in Bitcoin has notably rebounded. This collective FUD is a healthy part of the cycle, and patient traders can leverage this heightened 'blood in the streets' market scenario for profit.'
Matrixport: The current market lacks positive news support for Ethereum's rebound, and Ethereum's dominance rate has declined again.
The rebound of Ethereum and other altcoins seems fleeting, struggling to form a sustained rise. From the trend of Bitcoin's dominance rate, Bitcoin still firmly controls the market narrative. The current market lacks clear positive news to support Ethereum's continued recovery. Investor sentiment is becoming conservative, and Ethereum's dominance rate has declined again. Since the launch of the Ethereum ETF in early summer 2024, this downward trend has gradually become apparent, even though these funds attracted billions of dollars in inflows, they still failed to change the trend. Ethereum investors may need to be patient. It is expected that in 2025, if the market environment becomes more favorable, Ethereum may welcome new upward opportunities, injecting confidence into the market and reversing the current sluggish state.
