In terms of macro news, the United States will release the unemployment rate and ADP employment data for November this week, as well as the new non-farm payrolls data for November. The Federal Reserve will release the Beige Book on economic conditions, and Powell will be interviewed. CME shows that the probability of a 25bps rate cut on December 18 is 65%, and the probability of keeping the interest rate unchanged is 34%.
Today, BTC dominance is declining and the alt season may be coming.
This round cannot be viewed according to past expectations. The top five XRP tokens have increased more than 5 times in 5 weeks, surpassing Sol in a matter of minutes! It is really hard to imagine that an old mainstream would be so ruthless, and the speculation is still about the future currency form of the old American government!
Other old mainstream also quite strong, XLM, ADA, and then the old Defi has also opened up.
In the new coins, strong AI, RWA, and meme coin series have been fluctuating, almost without interruption. Perhaps this round of altcoin bull market is just emerging in this form, and Bitcoin's market share has decreased from 60% to 54%.
Let's take another look at the situation of altcoins.
Last night, CB launched Moodeng, reigniting the meme enthusiasm, and the market is also FOMOing $PNUT, as the squirrel had previously been featured on CB's ins, so the market speculated it would definitely go on CB afterward.
Today ONDO rose more than 40%. We told everyone to accumulate ONDO in August, to buy on dips and hold for the bull market, the bottom was at 0.6, and now it's almost tripled!
With the $ONDO ATH of the RWA track, this track will continue to gain momentum, while those that haven't made much progress yet include the depin game and a few other tracks, which everyone can pay close attention to.
Overall, the funding for this bull market mainly comes from the United States.
Whether it's the spot ETF for Bitcoin and Ethereum or the institutional application for the XRP ETF, it has led to a surge in XRP.
There’s also Coinbase launching Moodeng. It can be seen that the recent market’s wealth creation effect is very strong, and the FOMO sentiment among American investors has also arisen.
Based on the current trend, the altcoin season has already begun to emerge.
Altcoins have started to rise chaotically, ADA has increased several times, even garbage like EOS is rising, one can say it’s a money-picking market now.
For us ordinary retail investors, we just need to hold on tight, don't change vehicles randomly, ambush in advance, and hold coins for a rise.
Current main funds are clearly returning to value, focusing on blockchain's transformation of traditional finance and the real world. Key areas include:
Current main funds are clearly returning to value, focusing on blockchain's transformation of traditional finance and the real world. Key areas include:
1. Payments and RWA: XRP, XLM, ALGO, ONDO
IN: JASMY, XYO, HNT
4. Other public chains: ADA, AVAX, ICP, NEAR
From MEME to value return, this trend is persistent.
Which sector will the next wave of altcoins converge on?
The RWA sector also welcomed an explosion today, taking the last leg, with a daily increase of over 40%.
With Trump's victory in the US election, the crypto market's heat continues to rise, and the RWA track is heating up alongside the overall rise of the crypto market, attracting many giants to actively lay out. Against the backdrop of gradually clarified regulations, the industry's enthusiasm for tokenization is growing.
➜$ONDO
The truly grounded RWA new star leader, shares the same Wall Street market maker as Sol Tia, supported by BlackRock.
Ondo is building the next generation of financial infrastructure to improve market efficiency, transparency, and accessibility.
➜\u003cc-40/\u003e
Reserve Rights is an ERC-20 token that plays two key roles in the Reserve protocol.
RSR is not just a governance token. In the event of collateral token default, it can also serve as a safety net for RToken holders.
➜\u003cc-207/\u003e
Currently, the market capitalization is only $180 million, and it is in a fully circulating state. The trading volume has gradually increased over the past few days, indicating heightened capital attention.
As an emerging hotspot for the RWA concept, TRU coin's liquidity and fundamentals show strong growth potential. It has received investment from a16z, and the founder's background adds to its strength. In the current market environment, TRU coin is expected to become a new favorite among investors.
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DEFI + RWA dual attributes, dark horse, POLYX has Binance investment background.
POLYX is an institution-grade permissioned blockchain specifically built for RWA.
The weekly chart has not yet entered strong resistance, but is synchronously rising.
➜$RIO
Realio Network is an end-to-end platform based on blockchain, designed for the issuance, investment, and management of digital securities.
Its unique infrastructure combines the advantages of traditional finance and decentralized finance.
The project has SEC proof, and its future ceiling is quite high.
Above all, I wish everyone a big profit in December.