Selected News
1. ai16z's market capitalization surpassed $800 million, hitting a historical high with a 24-hour increase of 52.4%
2. Jupiter founder: A new round of JUP airdrops is expected before January 25 next year
3. Spark injects $100 million in stablecoin liquidity into the Base network
4. Binance partners with Circle to expand USDC adoption
5. RUNE DOG's market cap surpasses ORDI, approaching $900 million
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
ME: Today's main discussions around ME focus on the significant airdrop from Magic Eden, which distributed $ME tokens to the community, eliciting a mix of gratitude and criticism. Many users appreciated the unexpected financial gains, while others criticized the complex claiming process and privacy issues. The token is listed on major exchanges like Binance and Coinbase, and its high valuation has further sparked discussion. Overall, the sentiment is generally positive, with many acknowledging Magic Eden's impact on the NFT space and its ambitious on-chain trading plans.
XRP: Today, Ripple's XRP has garnered widespread attention as Ripple's stablecoin RLUSD has received final approval from the New York Department of Financial Services (NYDFS) and is expected to be listed on major exchanges soon. This development has sparked optimism about XRP's potential to outperform the market, with discussions emphasizing its strong price trends and bull market potential. Additionally, there is speculation that Ripple may pursue an IPO and the impact of the US government's support for cryptocurrencies on XRP's future. Despite some negative sentiment regarding XRP's liquidity and market volatility, the overall sentiment remains positive, with many expecting further growth.
AI16Z: AI16Z has gained attention for surpassing GOAT in market capitalization, marking rapid developments in the AI agency field. As a key component of AI16Z, the Eliza framework is expanding cross-chain and gaining favor from new partners like AimonicaBrands. Discussions around venture capital funds for AI agencies are heating up, and AI16Z's ecosystem shows strong momentum. Key developments include the launch of AI Arthur Hayes, which competes with AI16Z, and StoryProtocol introducing programmable IP. The AI agency market is expected to grow further, with AI16Z in a leading position.
Featured Articles
1. (Will the launch of Google's quantum chip Willow pose a threat to Bitcoin?)
Weilin, PANews
On December 10, Google introduced its latest quantum chip, Willow, in an official blog, sparking renewed discussions in the crypto community about quantum computing attacks. Will quantum computing undermine existing encryption security mechanisms, especially posing a threat to mainstream cryptocurrencies like Bitcoin? Partly influenced by news, as of December 10 at 14:20, data from Coinglass shows that a sharp correction in the crypto market triggered $1.758 billion in liquidations within 24 hours.
2. (Is the Milady cult still alive, is CULT the beginning or the end of NFT memes?)
Wenser, Odaily
On the morning of December 9 at 8 AM, Milady's founder announced the launch of the meme coin CULT, which previously raised over $20 million. CULT continues the 'cult' style consistent with Milady and its founder Charlotte Fang. Whether it's token distribution or claiming pages, they do not follow conventional norms. With the end of CULT's token issuance, PENGU is also set to launch, and the once-popular NFT project is nearing the end of its token issuance wave. The route of established NFT projects trying to attract attention through token issuance seems to be gradually losing effectiveness.
Maximum Gains & Losses
Token volatility on December 11, filtered and ranked by trading volume
Top Gainer
1. $KOMA (BSC)
2. $FARTCOIN (Solana)
3. $AI16Z (Solana)
Top Loser
1. $ME (Solana)
2. $MOVE
3. $BABYDOGE (BSC)
On-chain Data
On-chain capital flow situation on December 11
