24H Hot Coins
1. Popular CEX Coins
CEX Trading Volume Top 10 and 24-hour Changes:
BTC: + 4.1%
ETH: + 2.0%
XRP: + 2.7%
SOL: + 4.2%
DOGE: + 4.1%
PEPE: + 5.0%
HBAR: + 11%
LINK: + 3.9%
SUI: - 0.9%
PENGU: + 31.2%
24H Top Gainers List (Data Source: OKX):
UNLINK: + 21.84%
AGLD: + 21.8%
FXS: + 21.32%
DORA: + 13.8%
MOVE: + 11.5%
TURBO: + 10.62%
X: + 8.4%
LOOKS: + 7.87%
MORPHO: + 7.81%
OL: + 6.7%
2. On-chain Popular Meme Top 5 (Data Source: GMGN):
PENGU
Fartcoin
UFD
BUY
SPORE
3. Today's Hot Searched Coins
UXLINK: UXLINK is a token for a Web3 social platform, the narrative is to build a social-driven crypto communication platform for users and developers. The project has repeatedly hit new historical highs since its launch on South Korea's Upbit exchange on December 17. Currently, the token price is 2.53 USDT, with a market cap of 429 million dollars.
Headline
The industry calls for Trump to issue an executive order supporting cryptocurrency on his first day in office as a roadmap.
The US crypto industry expects that incoming President Trump will issue an executive order supporting crypto on his first day in office as a roadmap.
Montenegrin court dismisses Do Kwon's constitutional appeal, may be extradited to the US.
Terraform Labs founder Do Kwon's constitutional appeal submitted in Montenegro has been dismissed. Do Kwon's side claims the extradition process is unfair and that there are errors in legal interpretation, but the Constitutional Court did not fully accept these claims. This decision means that Do Kwon will stand trial in either South Korea or the United States, as determined by the Montenegrin Attorney General.
With the Constitutional Court's decision to dismiss the appeal, Do Kwon's extradition process has begun again. According to the Supreme Court's ruling, the Attorney General is expected to make a final decision soon on which country to extradite Do Kwon to. Given previous attitudes from the Justice Department, analysts believe Do Kwon is likely to be extradited to the United States.
Industry News
The Philippines has released comprehensive regulations for crypto asset management, covering disclosure, public offerings, trading, and marketing activities.
The Philippines Securities and Exchange Commission (SEC) has introduced comprehensive regulations for crypto asset management, covering disclosure, public offerings, trading, and marketing activities. These regulations aim to enhance investor protection and promote transparency in the burgeoning digital asset market. Under the new guidelines, crypto asset issuers must submit disclosure documents to the SEC at least 30 days prior to any marketing activities or public sales. This document must detail the offering party, issuer, key features, risks, and underlying technology of the crypto assets, as well as explicitly state potential risks, including value loss and limited transferability. Crypto assets classified as securities need to obtain a registration statement approved by the SEC before public issuance. Entities issuing or trading crypto assets must comply with anti-money laundering (AML) laws and SEC reporting requirements. It emphasizes that non-compliance may result in fines, suspension, or revocation of licenses.
Binance Alpha announces the 6th batch of project tokens.
The official page shows that Binance Alpha has announced the 6th batch of project tokens, totaling 5 project tokens: YNE, GOUT, GEL, UFD, GAME.
CoinGecko: The top three crypto narratives favored by investors in 2024 are Memecoin, AI, and RWA.
According to CoinGecko, the top three crypto narratives favored by investors in 2024 are Memecoin, AI, and RWA. Memecoins rank first in popularity, accounting for 14.36% of investor interest in crypto narratives, an increase of 6.04 percentage points from last year's 8.32%. Similarly, the overall narrative of AI ranks second in popularity, with an investor interest share of 12.58%. Although this represents an increase of 1.26 percentage points from last year’s 11.32%, it still lags behind Memecoins. In addition to the overall AI narrative and AI Memecoin trend, AI agent narratives have also entered the top 20 with an investor interest share of 1.17%. Compared to last year, other popular crypto narratives that have gained more attention in 2024 include Real World Assets (RWA) and DePIN narratives. The RWA narrative's share of investor interest increased by 2.16 percentage points, rising from 6.48% in 2023 to 8.64% in 2024, boosting its popularity ranking from 6th to 3rd.
CITIC Securities: If Trump returns to power, a new chapter in US cryptocurrency regulation will begin.
CITIC Securities research report states that if Trump plans to ease regulation on the cryptocurrency industry after taking office as President of the United States in 2025, the top priority will be to clarify the regulatory responsibilities of the industry.
Against this backdrop, the current Senate-held (21st Century Financial Innovation and Technology Act) is expected to receive new impetus. With the anticipated easing of the regulatory environment in the US, the cryptocurrency industry chain in the US stock market is expected to receive a positive boost, suggesting three directions to focus on.
1) The increase in trading activity in the US cryptocurrency industry may benefit US stock cryptocurrency exchanges.
2) Policy benefits for the US cryptocurrency industry are expected to promote demand for mining machines;
3) The development of the US cryptocurrency industry may benefit the US utility sector.
Project News
Sonic Labs: Plans to upgrade the S token economics through 4 governance proposals, and will adopt various burn mechanisms to control the cap.
Sonic Labs stated on X that it is enhancing Sonic through upgraded token economics, decided by 4 governance proposals on Fantom, which includes about 200 million S airdropped. At launch, S's circulating supply was about 2.88 billion, with an initial total supply of 3.175 billion, allowing migration at a 1:1 ratio; six months after launch, the network will use a unique 9-month linear burn mechanism to mint 6% of the initial total supply to extend airdrop activities to reward users/developers; additionally, six months after launch, the network will start minting 1.5% of the initial total supply annually over 6 years to fund growth, destroying unused S each year to ensure effective use; starting four years after launch, the network will mint 1.75% annually to permanently reward validators.
All unused ecosystem growth tokens will be accounted for and burned annually. By 2031, the maximum expansion cap for S will be 15% (excluding block rate rewards), and various burn mechanisms are expected to significantly reduce expansion during this period.
Azuki founder: Animecoin will combine vision, product, and real use cases, unlike other Meme coins.
Azuki founder Zagabond stated on the X platform: 'Most Meme coins have a ceiling because they lack real substance. No vision, no product, and no true use case. That's why @animecoin will dominate.'
Voices of People
Binance.US CEO: Digital assets will become a pillar of mainstream finance by 2025.
Binance.US interim CEO Norman Reed shared his views on the challenges and growth prospects the platform faces as 2025 approaches, highlighting the evolving role of digital assets in the broader financial sector.
Looking ahead, Reed expressed optimism about the platform's future and noted that regulation may improve under the new SEC leadership. He emphasized, 'Meanwhile, we welcome the establishment of a clear and practical regulatory framework for digital assets in the US. I hope that Paul Atkins’ nomination as the next SEC chairman will bring us closer to this reality.'
Robinhood CEO: No plans to hold Bitcoin for investment purposes.
Robinhood CEO Vladimir Tenev stated in an interview on Monday that, given Robinhood's increasing interest in cryptocurrencies, the idea of holding Bitcoin 'comes up from time to time.' However, he added that, aside from holding some Bitcoin as part of meeting customer trading demands, the company has no plans to hold BTC for investment purposes.
