12.17 Morning Report
Last night, Ethereum broke through $4,100. When I woke up today, the price fell again. However, the more this happens, the closer it is to the time when Ethereum can stabilize at $4,000. This also means that the transplantation stage of altcoins is about to begin.
Yesterday, Wanacoin, which was just launched, was once raised to $35 by the dog dealer, but was soon smashed back to $26. It was really a "dog dealer" operation, and the market was unstable. FTX's reorganization plan will take effect on January 3, and FTT subsequently rose by 30%. In addition, the founder of CRV began to buy back his own tokens, and BlackRock's ETF is flowing in every day, indicating that a big market is coming.
Yesterday, the price of CAT rose by as much as 80%, and today it stabilized at around 60%. This is the first meme coin recently launched by BN after CZ's speech. The BSC chain is also developing, and it will attract benchmark IPs. For example, DWF is one of the market makers of CAT, and then the coin was successfully listed. Now DWF has announced its participation, and the overall trend is upward. At present, the market value of CAT is close to 400 million US dollars, and there is a chance to rise further in the future.
