1) Market Trends
BTC rebounds, altcoins surge. The main theme in the market is on-chain AI.
US stock market is closed for New Year's Day.
2) Market Highlights:
1. The AI sector with Virtual, AI16Z, Griffain, Cookie, Swarms, Snai, Fai, Eliza, Goat, etc. all surged. The on-chain Virtual's market cap hit a new high of $5 billion, with the momentum increasingly concentrated on a few major tokens, while smaller tokens are gradually lagging behind.
2. Compliance coins XRP, XLM, ADA, IOTA, HBAR, etc. rebounded. Exchanges are speculating on the US compliance concept.
3. Public chain FTM rises, FTM will upgrade to the new chain Sonic.
4. Meme token Pengu rises, large holders continue to withdraw funds. The on-chain meme token Kekius plummets, and Musk changed the name back.
5. Desci tokens URO, RIF surge. BN's new Desci coin BIO will be listed tomorrow.