Featured News
1.QCP: The Bitcoin/Gold ratio hits a historic high, further strengthening its status as "digital gold"
2.Vana ecosystem NFT V has plummeted to 0.45 ETH, dropping over 60% in 24 hours.
3.Binance Futures will launch MOCAUSDT perpetual contracts
4.Solv Protocol: Native token SOLV will launch on Hyperliquid
5.Trump's crypto advisor's NFT Mixie AI floor price surged over 500% briefly, now fallen back to 2.258 SOL
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
FARTCOIN:
Increase of +97 basis points. FARTCOIN has become an important topic of discussion today, primarily due to its recent market capitalization surge, surpassing GOAT to become the second-largest AI meme coin. Although the market cap has decreased, FARTCOIN's cultural relevance and meme strength have kept it in the spotlight, with many predicting it could become a top 25 cryptocurrency. The coin's popularity stems from its absurdity and high return potential, often compared to other successful meme coins like Dogecoin. Discussions surrounding FARTCOIN indicate it may become a major player in the current crypto cycle, highlighting its potential to reach new heights.
MOCA:
Increase of +41 basis points. MOCA is in the spotlight today due to its upcoming listing on Upbit, South Korea's leading digital asset exchange. This listing is expected to expand MOCA's influence to over 28 million KYC-completed users in South Korea, which is a key market for Moca Network. This news has led to a significant price increase for MOCA, reportedly rising by 3 to 4 times. The listing is part of Moca's broader strategy to build cross-chain digital identity infrastructure. Additionally, MOCA's involvement in the NFT space and collaborations with major players like Animoca Brands have further sparked interest.
AVAX:
Increase of +36 basis points. Today's main discussions surrounding AVAX focus on the upcoming Avalanche9000 upgrade, which is hailed as the largest network upgrade in Avalanche's history. This upgrade is expected to reduce chain deployment costs by 99.9% and transaction fees by 25 times, generating excitement and anticipation within the community. Additionally, Avalanche has raised $250 million to expand its blockchain ecosystem, further enhancing confidence in its future growth. The upgrade is expected to significantly improve scalability and development tools, with over 500 layer one chains currently being developed on Avalanche.
Threads & Tweets
1.Hyperliquid's bull market use case @fmoulin7
2.What's next after Agent @Defi0xJeff
Featured Articles
1.(How to evaluate Hyperliquid's future since EVM is not online yet?)
fmoulin7, crypto KOL
Hyperliquid attracts users through low fees and strong incentives, with expected incentives nearing $1 billion in the first year and an inflation rate of 11.65%. After the EVM launch, it could become a significant platform for DeFi new protocols, driving HYPE demand growth. The platform profits from trading fees and token auctions, with fee distribution executed automatically, supporting staking rewards, platform operations, and token burns. Increased capital inflow, especially through Kucoin, could drive HYPE prices if it attracts more market funds. However, centralization and EVM transition risks may affect user experience, so investors should proceed with caution and conduct thorough research.
2.(When will this bull market cycle peak based on on-chain data timestamps?)
Murphy, on-chain data analyst
In BTC's on-chain data analysis, there are two core concepts: "timestamp" and "price stamp." The transparency of blockchain allows us to observe each on-chain transaction and identify two key details: 1. The time when the chip movement occurred: timestamp; 2. The price at which the transaction took place: price stamp. The data used in analyzing phase trend changes, such as turnover cost, profit realization, demand inflow, and hot supply, is primarily based on the "price stamp." If we want to observe and analyze the timing of the BTC long cycle, we need to rely more on the "timestamp." Each BTC exists in a specific UTXO, and the timestamp function of UTXO means that each BTC has an age, which does not refer to the time it was mined but rather the time since it was last moved to the current time.
Maximum Gains & Losses
December 16 token volatility, filtered and ranked by trading volume
Top Gainer
1.$MOCA
2.$MEMESAI
3.$COW
Top Loser
1.$CTXC
2.$COS
3.$BLUE
On-chain data
December 16 on-chain capital flow situation
