2024.11.27 Crypto Report:
1. Several hot projects emerged on the SOL chain yesterday, such as UBC in the AI field, which has developed rapidly and its fully diluted valuation has exceeded 100 million US dollars. There is also 1 meme with a target price of 1 US dollar, which has caused a frenzy among people.
2. After CZ commented on the meme yesterday, the meme on the chain became more and more fanatical. In fact, CZ is not maliciously badmouthing, but it is difficult to tolerate the illogical and inferior memes at present. But this is ultimately a market phenomenon. Those who are interested can join in, and those who are not interested can just watch from the sidelines.
3. The US court ruled that the sanctions against Tornado Cash Smart He Yue were illegal, which directly pushed the price of torn to soar. It is expected that it will be listed on Coinbase with a high probability in the future, and it is only a matter of time.
4. BN is about to delist GFT, IRIS, KEY, OAX and REN.
5. Justin Sun was hired as an advisor to the Trump-backed encryption project WLFI, and his style of doing things remains controversial.