In the current market, established altcoins are experiencing a rebound, while public chains and MEME coins are showing positive development trends.
Established Altcoins: Although XRP, LUNA, ATOM, and other established projects have seen short-term rebounds, due to low market attention, the sustainability of these trends is uncertain, and they may face correction risks in the short term.
Public Chain Sector: SOL is gaining momentum with a significant price increase, and its ecosystem's RAY and DRIFT have also strengthened, becoming highlights in the public chain sector.
MEME Coin Sector: MEME coins such as PNUT, BONK, and BANANA have performed outstandingly. Among them, PNUT rose due to Musk mentioning squirrels on Twitter again, while BONK benefited from BonkDAO's plan to destroy one trillion BONK coins before Christmas in December, raising market expectations.
Primary Market: The DeSci sector has been very popular lately, with projects like RIF, URO, SCI, VITA all rising. The popularity of this sector stems from the subsequent hype following Binance's investment in Bio, similar to a16z's bet on AI MEME projects GOAT and ACT. The potential for Binance to launch related projects in the future is worth continuous attention.
