The market started to fluctuate sideways over the past two days of the weekend, with Bitcoin fluctuating at $90,500 and Ethereum fluctuating at $3,160.
Among altcoins, some old altcoin projects, such as XRP, LUNA, and ATOM, have begun to show signs of compensatory growth, but due to the low market attention, these hot spots may not last long and may experience a pullback in the short term.
In the public chain track, SOL has risen sharply, and RAY and DRIFT in the SOL ecosystem are also rising.
The SOL/ETH exchange rate has also hit a new high. Now SOL's position in meme coins is like ETH's position in DeFi in the last round, and it is worth paying special attention to.
In the MEME coin track, PNUT, BONK, and BANANA are all rising.
PNUT's rise was because Musk mentioned squirrels again on Twitter yesterday, while BONK's rise was because BonkDAO announced plans to destroy one trillion BONKs before Christmas in December.
In the primary market, RIF, URO, SCI, and VITA have all been rising recently due to the popularity of the DeSci track.
Desci is based on the subsequent hype of Binance's investment in bio. The logic is similar to a16z's investment in ai meme's goat and act. It is not ruled out that Binance may launch projects in this track.
Today I shared several projects that may be listed on Binance in the core group, so you can ambush them in advance.
The market believes that this may be more promising than AI and Musk's Mars plan, because the ultimate goal of AI is to make humans immortal.
So what is DeSci?
DeSci is decentralized science, which uses blockchain technology to solve some old problems in scientific research.
For example, it takes a long time to realize scientific research results, there is a shortage of funds, resources are unevenly distributed, and the sharing of results is not smooth.
We the average Joe may not see these issues, but people like CZ know there are a lot of talented people out there who lack opportunities and support.
The high speculation in the cryptocurrency world has given DeSci an opportunity to develop, just as the development of the United States cannot be separated from the speculative market of Wall Street.
The combination of DeSci and the cryptocurrency circle is complementary. People in the cryptocurrency circle like to make money, while people in the scientific research circle focus on research and may not produce any results for decades.
If the two are combined, people who love money can support scientific ideals and scientists can also obtain financial support, which can promote the development of scientific research.
When DeSci makes science more prosperous and scientific research results change the world, these results can in turn support the cryptocurrency circle and bring more funds and attention.
After being released from prison, CZ said that his future investments will mainly focus on three areas: blockchain, artificial intelligence and biotechnology.
On November 13, CZ also posted on Twitter that he was studying at a small DeSci entrepreneur gathering organized by Binance Labs, and posted a photo with Vitalik.
CZ’s support for biotech means Binance may take action in this area.
Recently, Binance also invested in the BIO protocol, which had previously conducted two rounds of fundraising and raised 33 million in funds.
In order to promote DeSci, the BIO protocol also set up a coin issuance platform called pump.science.
In the official space of pump.science on the 17th, the official mentioned a lot of exciting content, such as manufacturing products in the right way and conducting human experiments.
Binance’s official Twitter account also released a DeSci research report to clarify the name, exploring the definition of decentralized science and citing examples such as academic publishing, research funding, data sharing and collaboration, which shows that Binance is very concerned about the DeSci track.
Therefore, this wave of DeSci’s popularity can actually be traced back to the actions of CZ and Binance.
When we look at DeSci’s narrative, we must grasp the main thread and hold on to Binance and CZ.
This may be an important step for CZ to restore the reputation of the cryptocurrency circle, and it is also a key point in combining speculation and value.
Which projects in the DeSci track do you think are worth paying attention to? You can leave a message in the comment area and we can discuss it together.
