The Nvidia earnings report, which the whole world has been waiting for, has been released, surpassing market average expectations but not exceeding the 'highest expectations', leading to a drop in Nvidia's stock price—at one point it fell over 5% after hours, but later narrowed the decline. The crypto AI sector also had little reaction. The Trump team is considering setting up the first cryptocurrency position in the White House. So far, this round of play hasn’t changed; it's still on-chain meme and Bitcoin from CEX, currently on-chain meme is in a pullback, but Bitcoin continues to hit new highs. These two camps are clearly independent and disconnected from each other, with neither side looking at the other. In the last 24 hours, the total amount of liquidations was $399 million. This is unimaginable given the new highs of Bitcoin; if Bitcoin undergoes a significant pullback, many people could get liquidated. Treasure life, stay away from contracts. [Market Analysis] Bitcoin's overall market cap share has now reached 60%. According to the data from the previous bull market, when the share reached about 67%, altcoins collectively exploded. Based on this data, it seems fast; if there are no surprises, it should be around mid-December. The later stage may not perform well and could see a significant pullback. After Bitcoin's new high, a slight drop caused altcoins to collectively cry. The current market situation is very painful; Wall Street funds only buy Bitcoin, and American retail investors only buy on-chain memes, while mid-tier altcoins are temporarily abandoned by the market. The meme narrative hasn't been too strong in the past two days, as various platforms have successively launched pumps, and garbage like brother Maji has also come out to shout orders and release memes. It feels like the market is nearing its peak, but the meme won't stop; the narrative will continue, just not as crazily as before, and will gradually cool down.
HAPPY
HAPPY (Happy Cat) is a very fun meme coin built on Solana, inspired by the widely popular 'Happy Happy Happy Cat' video.
The emergence of HAPPY represents a lightweight innovative idea: it does not emphasize complex technologies or financial instruments, but focuses on community and entertainment. Its distribution method fully reflects community priority, with 80% of the tokens directly airdropped to active users of the Happy Cat Telegram app, and 10% airdropped to Solana phone holders. This transparent and fair mechanism not only incentivizes existing users but also attracts more attention to the Solana ecosystem.
DOGE
DOGE, the irreplaceable MEME leader, still has room for speculation, and the narrative of breaking one dollar. The price has risen for three consecutive days, and after a pullback on the hourly chart, it has formed a double bottom, and the 15-minute chart has also formed a double bottom. The price is currently rising. It's a good time to go long!
POPCAT
This star meme launched on the Solana chain gained rapid popularity through its entertaining marketing strategies. POPCAT entered an upward channel starting in March 2024 and reached a historic high of $0.97 in July. As of November 20, its market cap is approximately $1.67 billion, standing out among many memes.
