Author: Penny, BlockBeats

In the latest Federal Reserve interest rate meeting, it announced a reduction of the benchmark policy rate by 25 basis points to 4.25% to 4.5%. Although this result met market expectations, the hawkish language in the statement and adjustments to economic forecasts had a noticeable negative impact on market sentiment.

Cryptocurrency began amid a bleak atmosphere, with prices of major mainstream coins and altcoins significantly falling. Bitcoin fell below $100,000 on the morning of the 19th, while Ethereum dropped from $3,906 to a low of $3,543. According to Coinglass data, $843 million was liquidated across the network in the past 24 hours, including $743 million in long liquidations and $100 million in short liquidations.

Despite the overall market decline, AI concept coins represented by ARC and the 'Fartcoin' concept coin represented by UFD stood out, being unaffected by the cooled market environment, instead showing strong surges and frequently setting new highs, becoming the two undisputed golden dogs.

Despite the cooled market sentiment, influenced by the popularity of high trading volume tokens like Fat Penguin, UFD, and FARTCOIN, the 24h trading volume on the Solana chain has shown a significant increase compared to previous days, with the overall market trading volume remaining at a high level.

AI Concept

ARC

ARC is a platform driven by the Rust framework (known as RIG) for developing AI agents. As a tool aimed at the AI field, it is suitable for AI applications requiring high optimization and high performance. In the early morning of the 19th, the ARC project team revealed the following information on Twitter Space:

1. ARC uses Solana's 'mother tongue' Rust language to build an open-source AI agent framework, making the development language accessible and indicating close cooperation with Solana in the future.

2. On GitHub, there are over 1,000 stars and it is still increasing.

3. ARC has created an agent launchpad and bound the Arc token to the LP of each agent, which facilitates the integration of ARC tokens into the reward mechanism economic model. Therefore, ARC is also referred to as Virtual on Solana.

The above indicates that ARC is a team with technology and strength, continuously innovating results and seeking cooperation and development.

In the early morning of the 19th, ARC's market cap began to rise and maintained a strong growth momentum. Meanwhile, last night the Federal Reserve's latest interest rate meeting announced a 25 basis point reduction in the benchmark policy rate, and the hawkish language in the statement and adjustments to economic forecasts had a negative impact on market sentiment. Bitcoin, Ethereum, Solana, and altcoin prices all fell significantly. ARC steadily broke through its previous high to 244.6M amid the overall market decline, showing remarkable growth momentum.

As a token that has maintained the highest trading volume in the AI Agent field for several consecutive days and is backed by strong technology, ARC is viewed positively by many investors for its future development potential and is expected to lead the new generation of AI Agent trends.

Highest Market Cap: 244.6M

Current Market Cap: 210.7M

24h Trading Volume: 49.2M

Today's 12 AM (GMT +8) maximum profit from buying: 21.69%; current profit: 4.83%

DAIGE

D AI GE is an AI dog with perception abilities and is the cyberpunk brother of Doge. Its dream is to be adopted by Elon and colonize Mars. D AI GE is an AI product developed based on the Eliza framework, and the founding team has over 7 years of experience in AI and Web3, previously launching products in areas such as Optimism, Filecoin, NATO, etc. The high popularity of the AI + DOGE + Musk Mars concept, combined with an excellent founding team, allowed D AI GE to quickly surge to 15M within 4 hours after the token was issued, followed by some pullback, with the market cap fluctuating around 6M.

Highest Market Cap: 15M

Current Market Cap: 6.1M

24h Trading Volume: 30.2M

Today's 12 AM (GMT +8) maximum profit from buying: 24.36%; current profit: -21.79%

APPLE

APPLE (dog with apple in mouth) belongs to the trending TikTok concept. a16z co-founder Marc Andreessen once retweeted a video related to the APPLE concept. The apple dog capitalized on TikTok's immense influence, leading to viral spread and greatly boosting the popularity of meme tokens. In the early morning of the 19th, Adidas published a 5-second apple dog video on TikTok, driving the rapid price surge of APPLE and sparking a wave of cute apple dog videos in AI remakes.

Highest Market Cap: 78.9M

Current Market Cap: 38.6M

24h Trading Volume: 23.8M

Today's 12 AM (GMT +8) maximum profit from buying: 6.43%; current profit: -8.1%

'Fartcoin' Concept

On the evening of December 18th at 8 PM, Binance announced the second batch of the Binance Alpha list, which includes the recently popular Fart coin. Once the list was announced, UFD related to the Fart coin concept surged by as much as 210.76% within 4 hours. In the imitation that appeared today, FB (Fart Bird) soared to a maximum of 7.87M within two hours, demonstrating strong growth momentum.

UFD

UFD, full name Unicorn Fart Dust, was issued by someone born in the baby boomer generation and uses this coin to prove the value of cryptocurrency, humorously referred to by netizens as 'old man's joy'. Once released, the token surged to around 30M, and after the second batch of Binance Alpha list was announced on the evening of December 18, UFD quickly surged to nearly 100M, followed by a gradual upward breakthrough to around 150M today, still maintaining significant upward momentum.

Highest Market Cap: 159.1M

Current Market Cap: 144.7M

24h Trading Volume: 120.5M

Today's 12 AM (GMT +8) maximum profit from buying: 70.16%; current profit: 54.76%

FB

FB, FartBird, has a narrative similar to UFD. The issuer is 63 years old and attracts attention by promoting 'the old man issuing new coins', while also using the coincidence of the token name being the same abbreviation as 'Facebook' (FB) for publicity. Once released, the token's market cap quickly surged, reaching 7.87M within two hours, but later the market cap started to decline, currently fluctuating around 2M.

Highest Market Cap: 7.87M

Current Market Cap: 2.9M

24h Trading Volume: 24.4M

Today's 13 AM (GMT +8) (after opening) maximum profit from buying: 1024.29%; current profit: 314.29%