In the field of altcoins, some established projects like XRP, LUNA, and ATOM are gradually showing signs of catching up. However, given their relatively low level of attention in the market, these hotspots are likely difficult to maintain for an extended period, and a correction is probable in the short term.
In the public chain track, SOL has recently seen a rapid rise, and due to its ecosystem influence, RAY and DRIFT have also increased.
In the MEME coin sector, currencies like PNUT, BONK, and BANANA are on an upward trend. Among them, the rise of PNUT is attributed to Musk mentioning squirrels again on Twitter yesterday; the increase in BONK is due to BonkDAO announcing plans to burn one trillion BONK before Christmas in December.
In the primary market, the DeSci sector has been exceptionally hot recently, leading to continuous increases in currencies like RIF, URO, SCI, and VITA. DeSci is driven by the hype following Binance's investment in bio, and its logic is similar to a16z's investment in AI meme projects like goat and act, so it is possible that Binance may later list projects related to this sector.
