GM20241204

1) Market Trends

BTC is experiencing high-level fluctuations. A military coup in South Korea is affecting Upbit prices. The market is favoring old coins over new ones, with 2017-era coins leading the charge.

US stocks are fluctuating, with a 73% probability of an interest rate cut in December.

2) Market Highlights:

1. Stablecoin RSR has surged. Trump is expected to appoint a new SEC chairman who previously served as an advisor for RSR, and a board member of HBAR, which previously surged, is also a candidate for the SEC.

2. Public chain TRX doubled in one day, with ecosystem coins SUN, JUST, BTTC, etc., following suit. Stocks controlled by whales are being pumped, and TRX's market cap has entered the top 10. Sun has previously tweeted about wanting to learn from XRP's pump; he was the head of XRP for China in its early days.

3. 2017-era coins like XVG, NEO, FUN, VET, etc., are leading the gains. As this bull market has developed, the top 10 still consists of old coins from the past. Market leaders, whether previously trading meme coins or now focusing on old coins, have avoided the new VC coins that face the greatest selling pressure, opting to push in a direction with the least resistance.

4. On-chain coins MOG, Virtual, ChillGuy, etc., are rising. MOG's meme is on Coinbase.