Selected Headlines
1. Binance will launch Thena (THE) U-based perpetual contracts with a maximum leverage of 75 times
2. Clanker co-founder: Upgrading Clanker contracts to enable users to receive 40% fee sharing
3. Line plans to launch 30 mini Dapps based on blockchain early next year
4. Swell: Wavedrop 1 airdrop claims are now open
5. IntoTheBlock: Traders are locking in profits, CEX outflows of stablecoins will enter altcoin markets or respond to potential downturns
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
[TORN] Today's main discussion about TORN focuses on a significant legal victory for Tornado Cash: The U.S. Federal Appeals Court ruled that the U.S. Treasury's sanctions against the immutable smart contracts of Tornado Cash were illegal. This ruling is viewed as a major victory for the crypto industry, clarifying that these smart contracts are not 'property' and therefore cannot be sanctioned. This judgment has sparked widespread discussion regarding privacy, open-source software, and the boundaries of regulatory authority, with many seeing it as a defense of freedom and a blow against government overreach.
[LUNA] Due to its integration with the Virtuals ecosystem, LUNA has attracted widespread attention, serving as a core AI agent in that ecosystem. Driven by this, the token price increased by 33.77%. LUNA played a significant role in facilitating trades for other AI agents like Aixbt and Saint SatoshiAI. The discussion emphasized the potential of this token in the AI-driven crypto space, highlighting the strategic importance of its innovative ecosystem and partnerships. The community remains optimistic, with many believing LUNA will become a leader in the fusion of AI and crypto.
[MONAD] Today's discussions about MONAD on Twitter have sparked increasing attention and anticipation. Key topics include the Monad Yapper leaderboard launched in collaboration with Kaito to track community engagement and influence, as well as expectations for the launch of the Monad testnet. Users have shown strong confidence in Monad's potential for success, mentioning the advantages of its team, community, and ecosystem. Additionally, discussions have focused on Monad's role in the evolving blockchain space, particularly its potential in the dynamic relationship between L2 and L1, as well as its ability to address Ethereum's challenges. The community has also expressed great enthusiasm for upcoming events and offline gatherings, further driving interest and participation.
[S] Today's Ticker S is receiving significant attention on Twitter, primarily due to its association with Fantom (FTM) and plans to migrate to the Sonic network. This migration is seen as a major upgrade, generating investor interest and driving a significant rise in FTM's price. Discussions highlighted FTM's strong performance amid broader market downturns, with many users expressing bullish sentiment and looking forward to further gains. The Sonic upgrade is expected to bring new features and improvements, adding more confidence to S's positive outlook.
Threads & Tweets
1. Why has the altcoin season been delayed? @ki_young_ju
2. Solana has frequently exceeded 3000 TPS without voting in the past 2 months, @0xMert_
Selected Articles
1. (Historic ruling: Sanctions against Tornado Cash ruled illegal, TORN skyrocketed over 10 times before retracting)
Nan Zhi, Odaily Planet Daily
This morning, Coinbase Chief Legal Officer Paul Grewal posted on X, stating: 'Privacy rights win. Today, the U.S. Fifth Circuit Court ruled that the U.S. Treasury's sanctions against the Tornado Cash smart contracts are illegal. This is a historic victory for cryptocurrency and for all who care about defending freedom.' The founder of Uniswap called it 'immutable smart contracts defeating the Treasury in court.'
2. (Pantera founder reflects: 10 years ago we bought 2% of the world's BTC, now it has realized a thousand-fold return)
Dan Morehead, Founder of Pantera
I can imagine that some investors might think, 'Bitcoin has doubled this year. Well, I probably missed out.' And then give up. No, this mindset is wrong. The average performance of Bitcoin is to double almost every year. Since we launched the fund eleven years ago, its compound annual growth rate has been 88%.
Maximum Price Increase & Decrease
Token volatility on November 27, filtered and ranked by trading volume
Top Gainer
1. $UBC
2. $CHILLGUY
3. $THE
Top Loser
1. $MOC
2. $GLM
3. $RIF
On-chain data
On-chain capital flow situation for the week of November 27