Featured News
1. Binance Launchpool will receive a 5% token allocation 6 months after the MOVE launch.
2. USUAL pre-market price breaks $0.6, with a 24-hour increase of 23.5%.
3. The MEME coin issuance platform puppy.fun under Baby Doge will launch this week.
4. 10x Research: South Korea's cryptocurrency trading volume dropped from a peak of $25 billion to $6.6 billion, with Bitcoin's key support level at $95,000.
5. Last week, net inflows into digital asset investment products reached $3.85 billion, setting a new historical high.
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
[DOG] DOG has become a hot topic on Twitter, with this cryptocurrency approaching a market capitalization of nearly $1 billion without being listed on any tier-one exchange. The community is discussing this meme coin, celebrating its historic highs and debating its future growth potential. Key discussion points include whether DOGDOG can break the $1 billion market cap, its organic growth without support from major exchanges, and the strong community backing behind it. Promises of airdrops and expectations that DOGDOG could lead the meme coin market on Bitcoin have further fueled enthusiasm. Sources: ref0 ref1 ref2 ref3 ref4 ref5 ref6 ref7
[FARTCOIN] FARTCOIN has garnered widespread attention on Twitter, with discussions focusing on its rapid market capitalization growth and its unique status as a meme coin. Many tweets express surprise and interest in its popularity, with some users pointing out that, thanks to its absurd meme appeal, the coin still has potential for further growth. The coin is compared to other meme coins and seen as a symbol of the current speculative bubble in the cryptocurrency market. Despite skepticism from the traditional financial sector (TradFi), the FARTCOIN community is enthusiastic, with users predicting its market capitalization will surpass $1 billion. Sources: ref0 ref1 ref2 ref3 ref4 ref5 ref6 ref7 ref8 ref9
[CULT] Launched by Milady Maker, CULT has attracted significant attention on Twitter due to its recent Token Generation Event (TGE) and subsequent trading dynamics. The token is associated with the Milady NFT community, experiencing rapid market capitalization growth after its launch, surpassing $600 million shortly after listing. Discussions focus on the token's listing on exchanges, strategic institutional acquisitions, and the cultural impact of Milady NFTs. Some users failed to claim tokens due to technical issues or complex claims, while others celebrated substantial profits from early trades. The popularity of CULTMILADYCULT further intensified due to comparisons with other meme coins and broader NFT market dynamics. Sources: ref0 ref1 ref2 ref3 ref4 ref5 ref6 ref7 ref8 ref9
Threads & Tweets
1. Why DeFi is Important. @iamDCinvestor
2. Why Web3 VCs are a sure bet. @stacy_muur
Selected Articles
1. (Let institutions 'carry your bags': The grayscale fund and Coin50 index that must be focused on during this bull market)
Raymond, BlockBeats
At a time when many people were FUDing about the lack of altcoin season, the market finally emerged from nearly six months of 'garbage time,' and the altcoin season has indeed arrived as expected. According to data, among 388 tradable crypto assets on Binance, nearly 299 have increased by over 50% in the last 30 days, with 98 surpassing 100%, and only 10 assets showing no increase at all. However, in this 'money-picking time' mode of widespread rise, selecting tokens with the highest gains to maximize fund utilization has become an art. Which altcoins can outperform the market average? Rather than following KOLs' buy calls, it might be better to let Grayscale and Coinbase do the 'work' for you.
2. (In two days, Microsoft, holding $78.4 billion, will decide whether to invest in BTC)
Azuma, Odaily
At 8:30 AM PST on December 10 (12:30 AM Beijing time on December 11), Microsoft will advance a significant shareholder proposal regarding Bitcoin—assessing whether incorporating Bitcoin into its balance sheet aligns with shareholders' long-term interests through a shareholder vote. Coincidentally, as BTC hovers around $100,000, this vote is widely regarded as another key event influencing the cryptocurrency market this week, aside from CPI and the situation in South Korea.
Max Gain & Loss
Token volatility on December 9, filtered and ranked by trading volume.
Top Gainer
1.$SUSHI
2.$TURBO
3.$BABYDOGE
Top Loser
1.$DEAI
2.$URO
3.$SYN
On-chain Data
On-chain capital flow situation for the week of December 9.