2024.11.22 Crypto Report:
1. The MEME sector has been relatively quiet in the past two days, currently only CHILLGUY remains popular, while PNUT, ACT, BAN, and others are mostly in retreat. Once the pullback ends, a stronger rebound is expected.
2. Due to progress in ETF applications, SOL is nearing its historical high, with a breakthrough anticipated.
3. The FTX restructuring plan is expected to take effect in early January 2025, with the user compensation process starting in March, leading to a significant surge in FTT.
4. Last night, ETH gained momentum, driving significant increases in L2-centric coins such as OP, ARB, STRK, EIGEN, which are worth paying close attention to in the future.
5. XRP's market re-emerged, surging 40% in an instant. Its performance this year has been consistently rapid, with explosive moves happening without hesitation.