Selected News
1. Possibly affected by 'Bybit listing LUCE contract', LUCE briefly surged by 28%.
2. USUAL touched $0.478 at opening in Binance Pre-Market and has since fallen to $0.3338.
3. ai16z Co-founder Shaw: Some members indeed gained substantial profits by issuing Eliza, and the team will continue to promote project development.
4. GSR Markets may be the market maker for Meme token BAN.
5. Magic Eden CEO: ME token will undergo TGE in a few weeks.
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
XTZ: The discussion volume of Tezos on Twitter has significantly increased, primarily due to its price rising by 50% in the past 24 hours. This price movement has excited investors and artists, with many celebrating the rise and discussing its impact on the Tezos blockchain art market. This growth is seen as part of a broader altcoin rebound, with some attributing it to market dynamics following recent political events.
ME: Today's discussions around Magic Eden mainly focus on the release of its $ME token economics, which has generated significant excitement and participation on Twitter. Key points include a total supply of 1 billion $ME tokens, with 12.5% allocated for initial community claims. The tokenomics show that $ME will be integrated into Magic Eden's rewards program, allowing users to earn tokens through trading activities. Community and ecosystem development will receive 37.7% of the tokens, focusing on rewarding active users and supporting ecosystem growth. The anticipated $312 million airdrop for Magic Eden traders further fueled interest, causing the pre-market price of $ME to soar.
ARB: Today's discussions around Arbitrum focus on its significant increase in trading volume and its role as the leading second-layer solution on Ethereum. Key highlights include the launch of a new financial dashboard, advancements in cross-chain interoperability, and the introduction of innovative DeFi applications on the Arbitrum network. Additionally, the introduction of new projects and integrations like the Straddle and GMX perpetual swap market further solidify ARB's position in the DeFi space.
Selected Articles
1. (Why choose to start laying out Base now?)
Original text translated by: zhouzhou, BlockBeats
Since Trump's victory, COIN and BTC have risen significantly, but the author leans more towards ETH, optimistic about the development of the Base L2 ecosystem. Base is expected to stand out in competition, attracting MEME, consumer dApps, and more on-chain activities. ETH remains the core of digital assets, while Base, as Coinbase's on-chain leverage, benefits from Coinbase's resources and support, possessing scarcity and innovation, capable of attracting users in the long run without relying on traditional token incentives. The activity and TVL of the Base ecosystem continue to grow, proving its immense potential in ETH-L2.
2. (The 'Uppercase and Lowercase' Battle of Eliza: The Showdown between On-chain 'VC' ai16z and the Community?)
Deep Tide TechFlow
As the first decentralized AI trading fund based on Solana, ai16z can utilize AI agents to analyze market trends and execute trading decisions, which is itself an eye-catching play; coupled with a certain association with a16z in name, it also allows its eponymous token to show strong market performance. However, just now, a post from ai16z partner Shaw (@shawmakesmagic) capped the rising momentum of eliza, causing its market value to quickly drop from around $40 million to $5 million within just 15 minutes.
3. (Market value halved after the exposure of ai16z conspiracy group, Base ecosystem 'Virtual System' AI Agent draws attention | What meme is trading today)
CMed
However, currently, the AI16z founder Shaw is suspected of colluding with a conspiracy group to issue the capitalized meme token ELIZA, purchasing a large amount of low-priced chips at the bottom in advance, causing it to directly surge to a market value of tens of millions upon opening, not allowing others in the market to purchase bottom chips, leading to the collapse of the credibility of 'AI16z'. The market value of AI16z has nearly 'knee-jerk' reaction, briefly dropping below $200 million, and has now recovered to a market value of $300 million.
Maximum Gain & Loss
November 19 Token Fluctuation Situation, Filtered and Sorted by Trading Volume
Top Gainer
1. $XTZ
2. $HBAR
3. $STMX
Top Loser
1. $BAN (Solana)
2. $RIF (Solana)
3. $AI16Z
On-chain Data
November 19 On-chain Capital Flow Situation
