Written at the beginning
The crypto market showed strong performance over the weekend, with Bitcoin breaking 98,000 and Ethereum approaching 3,650. The overall trend is strong. Although some altcoins retraced in the early morning, SOL and BNB maintained high positions, and market sentiment is positive. If you are worried about market instability, you can pay attention to whether the Ethereum Foundation starts selling coins as a signal for reducing positions.
Next, we will analyze the latest trends in the Meme track, AI track, and DeFi field, and focus on upcoming projects to help everyone seize investment opportunities this week.
1. Daily Web3 news summary
2. Summary of events from the past day
(1) Regarding the overall market
The weekend actually went very well and continued the good market trend since the beginning of this year.
Bitcoin has reached 98,000, and Ethereum is around 3,650. Although the entire altcoin market saw some decline in the early morning, especially the AI Agent target which dropped quite a bit, the overall trend of altcoins over the weekend was still upward. Therefore, the trend is still quite good, and SOL, BNB are also maintaining relatively high positions, which makes us look forward to this week's market.
If everyone still feels that the market is shaky and uncertain about when to reduce positions, then we should pay attention to when the Ethereum Foundation starts selling 100 Ethereum. Once they start selling coins, we can directly follow suit and reduce positions in altcoins. This operation should be very effective.
(2) Regarding the Meme track
First, let's take a look at the entire Meme track. We see that the Meme track has also started to gain momentum in recent days:
Doge reached a high of 0.39 on Saturday and attempted multiple times to break 0.4 on Sunday, but it seems it has not succeeded. The surge in Doge is mainly due to X Payment currently being tested, and Doge is likely to become a major currency for Twitter payments in the future.
PEPE has also shown an upward trend, but it has rebounded somewhat. The overall trend of the little penguin remains strong, still around 0.04.
So currently, we see that some mainstream Meme projects are indeed gaining momentum, but there hasn't been a particularly strong trend in terms of prices, so we should still observe as we go.
Also, on Saturday, we saw that Brother Sun tweeted 'All in AI'. After that tweet, the entire AI sector experienced a crazy decline. Although on Saturday, projects like SWARMS and the entire AI Agent sector were performing strongly, by Sunday, Brother Sun's magic spell was indeed effective.
Today, we observed a significant drop across the entire AI Agent sector. From the relatively high point on Sunday morning, it has dropped at least 20%, with SWARMS at one point nearly breaking 0.4, now down to 0.27. So Brother Sun's magic spell is indeed not to be underestimated.
However, aside from the magic spell of Brother Sun, today we also saw the founders of SWARMS and AI16z arguing on Twitter. Recently, we've also seen the community is going crazy over the upcoming Megadrop project SOLV on Binance. Understanding these arguments doesn’t help much; as small investors, we should focus on how to make money, which is the most important thing.
Shifting our focus to some new Meme projects on-chain. Throughout Sunday, two projects emerged: the first is BOLT, and the second is GNZ.
The BOLT project reached a market cap of nearly 400M at its peak, so if anyone invested, their returns should be good; at the same time, GNZ, which was a rapid turnover project last night, also saw its market cap break 50M at one point, and its price trend was particularly strong. The background of GNZ is also quite good, with the main members being among the more active core members from SOL.
(3) Regarding the DeFi track
Returning to the mainstream DeFi aspect.
The entire mainstream DeFi aspect did not show particularly strong trends over the weekend. ENA reached 1.25, still at a relatively high point. UNI and AAVE have retraced to the prices when they started rising, so any increase in mainstream DeFi will likely have to wait until Trump takes office and some restrictions are lifted; otherwise, things really don’t look good.
(4) Projects worth paying attention to
This week, I recommend everyone to pay attention to three projects:
The first project is the Dark Seraphim, which will launch today, Monday. This game is considered a major title in the GameFi sector. However, currently, it seems that aside from some buzz in player groups, there hasn’t been much excitement in the community. It appears that the project has not spent money to promote itself. This project is set to launch on Bybit and Hashkey, but I have yet to hear news about other major exchanges. Additionally, this project completed an NFT snapshot on January 5th, so NFT prices have also dropped considerably. However, it seems that the project side has not chosen to intervene to stabilize the price. Thus, the performance of this project after its TGE may lead the player group to turn into a rights protection group if the launch is not ideal.
The second project is Sonic, which is set to launch on Tuesday. This project has a great opportunity to surge in the secondary market. Firstly, as a leading project in the web3 and TikTok ecosystem, it is indeed worth watching. Moreover, this project has not launched on Binance and has only been listed on OK. Recently, new coins launching on OK have seen decent price increases, so we can judge how much to invest based on its opening price on OK and plan accordingly based on its market cap.
At the same time, there is a brand-new project in the community called Benjamin from STORY. This project is somewhat similar to the previous Kaito, where you tweet to tag them and accumulate points. These points may later be exchanged for some tokens, but currently, the details are still in a very early stage. However, many KOLs (Key Opinion Leaders) have also promoted this project. We will watch as it develops.
3. Summary
Currently in the secondary market, almost no one can make money. Launching on Binance is essentially becoming an exit for selling. We saw BIO drop directly from 1 to around 0.6 after it was listed, and there was no sign of any increase in the meantime. The previous Luanchpool project on Binance had a similar trend, leading everyone to feel that launching on Binance is actually a dead end, and prices will drop after listing.
Currently, the community's focus remains on the entire AI Agent. We also saw that discussions about AI Agents over the weekend were very heated.
However, with Brother Sun's statement of 'All in AI', it has led to a temporary halt in the AI sector. I remember last year, when Brother Sun said 'All in inscriptions', it also caused the inscriptions to cool off, so we can't help but believe in Brother Sun's magic spell.
Some market trends this week should lay the foundation for the overall market development in January. As for what Trump will say after taking office, we will take it as it comes. The main turning point still depends on when the Ethereum Foundation starts selling coins. As long as they start selling, we can just follow along.
