BTC dropped to $98K after Powell's comment

Hot projects + Market overview

I. Mainstream exchange news

• Bitget has launched PENGU/USDT and USUAL/USDT perpetual contracts with up to 75x leverage and Hyperliquid (HYPE) spot trading. The subscription of Bitget LaunchX project FUEL has exceeded $400 million, attracting over 140,000 participants.
• Binance Alpha, a mechanism created by Binance to address listing criticisms through a more open and speculative token listing process, has announced its initial and second batch of projects. The first batch includes tokens like KOMA, Cheems, APX, ai16z, and AIXBT, while the second batch includes CKP, GEAR, SD, SYRUP, and FARTCOIN, allowing users to engage in speculative trading and voting.
• WOO has appointed AI expert Alex Lee to spearhead its 2025 AI strategy, enhancing WOOFi and WOO X platforms with AI-driven features for more personalized and intuitive blockchain trading experiences.
• Binance has launched USUAL/USDT and LUMIA/USDT perpetual contracts while compensating users affected by the PENGU market value data delay with a distribution of 135 million PENGU airdrops.
• Bybit will launch the BLUE/USDT perpetual contracts with up to 12.5x leverage on December 18.
• HashKey Chain has launched its mainnet and introduced a $50 million Atlas Grant program.

II. Mainstream projects and trending events

• Donald Trump's family's DeFi project, World Liberty Financial (WLFI), has announced a partnership with Ethena Labs, a decentralized protocol on Ethereum. World Liberty has purchased $250,000 worth of ENA tokens.
• BlackRock's Spot Ethereum ETF currently holds over 1 million ETH, valued at more than $4 billion.
• Stablecoin protocol Usual has opened its airdrop claims and has partnered with Ethena Labs, designating USDtb as the primary collateral asset for USD0.
• Restaking project Kelp DAO has launched its KERNEL tokenomics, allocating 20% of the total supply for airdrops.
• The NFT market has shown signs of recovery, with approximately 90% of transactions occurring on the Ethereum-based NFT marketplace Blur and the first NFT marketplace OpenSea.
• Sonic Labs, an EVM-compatible layer 1 blockchain platform, has announced the launch of its mainnet and introduced an airdrop of approximately 190 million S tokens.
• Decentralized cloud infrastructure provider Aethir's $100 million ecosystem fund has announced its third round of supported projects, focusing on gaming and AI agent initiatives.

III. Funding news

• Fraction AI, a crypto AI startup, has completed a $6 million pre-seed funding round led by Spartan and Symbolic.
• Avara, the developer of Aave and Lens, has completed a $31 million funding round led by Lightspeed Faction.
• Plume, a tokenization startup, has completed a $20 million funding round, participated in by Galaxy Ventures.
• Decentralized AI data chain Masa has completed a new funding round led by DCG, Grayscale's parent company.

IV. Regulatory news

• Hong Kong Securities and Futures Commission (SFC) has granted licenses to four virtual asset trading platforms including YunAccount Greater Bay Technology (Hong Kong) Co., Ltd., DFX Labs Company Limited, Hong Kong Digital Asset Exchange Group Co., Ltd., and Thousand Whales Technology (BVI) Limited through an expedited licensing process. 
• Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, has introduced the second reading of the 'Stablecoin Regulation Bill' in the Legislative Council, aiming for swift passage of the bill, which outlines a regulatory framework focusing on three key areas.
• US Ohio State Representative Derek Merrin has brought forward House Bill 703, known as the Ohio Bitcoin Reserve Act, which would establish a dedicated Bitcoin fund within the state treasury while investing the State Treasurer with discretionary power to purchase the crypto.

V. Popular projects 

Market overview

Following hawkish statements from the US Federal Reserve, the Nasdaq saw a significant drop from recent highs, with Bitcoin also declining to $98,802. Altcoins experienced substantial losses.

Bitcoin's market dominance has increased to 58.3%. The TOTAL3 index, which gauges the performance of altcoins, dropped sharply to $945 billion, approaching its low from December 10.

Bitcoin needs to recover to the $103,000-$104,000 range to resume an upward trend. Falling below the key $98,500 mark might signal a temporary end to Bitcoin's rise.

ARC: Rapid Growth AI Project

ARC is developing an AI framework called "rig framework" using Rust, a programming language known for its safety and efficiency compared to Python-based AI software like LangChain.

This framework offers developers enhanced security and performance. The project gained attention after endorsements via tweets from the framework developers @Playgrounds0x and Co-Founder @0thTachi.

ARC's market cap stands at $194 million.

PATRIOT: Trump-inspired meme

PATRIOT is a memecoin created to honor the brave acts during the Donald Trump shooting incident.

The community funded the construction of a two-story bronze statue of Trump, with plans to complete and unveil it before his potential inauguration.

The PATRIOT token has $2.1 million in on-chain liquidity and a market cap of $77.4 million.

APPLE: TikTok-inspired meme

Apple Dog, featuring a cheerful and adorable dog created to spread smiles across the blockchain, draws inspiration from a viral TikTok meme.

The token has a total supply of one billion, with no transaction fees. It has on-chain liquidity of $1.6 million and a market cap of $43.38 million.

TRUST: Continuously rising meme

"Trust The Process" is a memecoin with a "cult-like" aspect, promoting itself as more than just a memecoin but a movement, asserting that its token's performance is independent of market trends and immune to economic factors.

This stance has helped maintain its appeal, with current on-chain liquidity at $1.1 million and a market cap of $41 million.

ZUMA: Emerging memecoin

ZUMA, inspired by the dog of Delphi CEO, is tied to Delphi, an independent research firm known for institutional-level analysis of the digital asset market.

Delphi has collaborated with major projects like Lido, AAVE, Compound, Synthetix, Axie Infinity, and Thorchain, and has invested in Sei, Jito Labs, zkLend, Illuvium, and dYdX.

Currently, ZUMA has a low on-chain liquidity of $46,000 and a market cap of $116,000, indicating high volatility.

On-chain daily

1. MVRSMVRS is a memecoin on Solana that envisions political figures, led by Donald Trump, as superheroes saving America. The token has completed CTO.

• Number of Token Holders: 5,967
• Current Price: $0.008923
• Market Cap: $8.9M
• Official Twitter: https://x.com/mvrscrypto
• Trade Board: https://dexscreener.com/solana/a33ezjatz1khftb271xxjgxcuiqo5m42cfj7ihddlssm

2. SUICYSUICY is a memecoin on SUI and serves as the mascot for the network. Its design features a muscular, Pepe-inspired character with a mature artistic style.

• Current Price: $0.00583
• Market Cap: $5.8M
• Official Twitter: https://x.com/sui_icy
• Trade Board: https://dexscreener.com/sui/0x8ebad96550ab6ccba7d0380731e0cc4676caa060f76d3e085d33438f64615d9c

3. COOKIECOOKIE is a token on the BNB Chain that powers an AI Agent data dashboard, tracking metrics such as market cap changes, sentiment, and holder growth across multiple AI Agent tokens.

• Current Price: $0.113
• Market Cap: $21.1M
• Official Twitter: https://x.com/cookiedotfun
• Trade Board: https://dexscreener.com/bsc/0xd4fb9d253739c5db6aad90ad2409757d224ccc0c

4. LMTLMT is an AI Agent token on Solana that provides automated workflow solutions. The project is backed by Oxford University and Rochester Institute of Technology.

• Number of Token Holders: 2,947
• Current Price: $0.00857
• Market Cap: $85M
• Official Twitter: https://x.com/LimitusIntel
• Trade Board: https://dexscreener.com/solana/38256b3srj8ntd4q9hgjjowgmsvw357f457wqf5hs8h7

5. ANZANZ is a Real World Asset (RWA) token on Base that introduced USDz, a stablecoin backed by a diversified RWA investment portfolio.

• Number of Token Holders: 9,051
• Current Price: $0.0237
• Market Cap: $27.4M
• Official Twitter: https://x.com/anzenFinance/
• Trade Board: https://dexscreener.com/base/0xe1bce7d33729c970b82997389c3446550cba0697

6. AKUMAAKUMA is a memecoin on Base featuring a fierce Shiba Inu design. The token's visual elements are fully AI-generated.

• Number of Token Holders: 105,408
• Current Price: $0.000207
• Market Cap: $137.6M
• Official Twitter: https://x.com/AkumaInuBackup
• Trade Board: https://dexscreener.com/base/0x55f3b570a62a346e98d88e20a36cc41c5da69980

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update:

• The current BTC transaction fee is 4 satoshis/byte.
• The price trend remains consistently low.

Fractal Bitcoin Gas Fee Update:

• Transaction fees are now 15 satoshis/byte. 
• After a brief surge, gas fees have retraced by over 80% in the past three days.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

• Current Price: $27.70
• 24-Hour Change: -17.97%
• Market Cap: $581.67 million

DOG:

• Current Price: $0.007
• 24-Hour Change: -17.43%
• Market Cap: $699.09 million

FB:

• Current Price: $3.78
• 24-Hour Change: -11.01%
• Market Cap: $31.84 million

Today's Popular Projects:

Pi_Token: A consensus-based MEME inscription project, fully minted on December 8.

• Current Market Cap: $551.05K
• 24-Hour Trading Volume: $10K
• 24-Hour Change: +10.78%
• Number of Holders: 7,812

𝛑: One of the leading inscription projects with a large and highly active community.

• Current Market Cap: $633.76 million
• 24-Hour Trading Volume: $954.02K
• 24-Hour Change: +4.51%
• Number of Holders: 70,439

DOG•GO•TO•THE•MOON: Abbreviated as DOG, based on the concept of dogs and a leading rune.

• Current Market Cap: $777.13 million
• 24-Hour Trading Volume: $1.16 million
• 24-Hour Change: -10.41%
• Number of Holders: 99,270

Performances of today's top three tracks

CeFi: Overall Daily Sector Change: -5.32%

1. UTK: xMoney is a cryptocurrency payment solution designed to modernize the financial and payment industries by offering merchants instant transactions and instant crypto settlements to address traditional payment issues.

• Daily Increase: +7.04%
• Current Price: $0.11019
• Market Cap: $55.1M
• 24-Hour Trading Volume: $123.83M
• Recent Updates: Former SUI Foundation Managing Director Greg Siourounis was appointed as Co-Founder and CEO of xMoney on November 28.

2. WXT: Wirex is a global digital payment platform offering secure accounts that allow customers to easily store, buy, and instantly exchange multiple currencies at the best real-time rates in a centralized mobile app.

• Daily Increase: +1.49%
• Current Price: $0.00376
• Market Cap: $8.64M
• 24-Hour Trading Volume: $1.3M

3. CHO: Choise.com is a MetaFi (CeFi/DeFi) ecosystem designed to simplify the use of DeFi products.

• Daily Increase: +0.92%
• Current Price: $0.02534
• Market Cap: $2.78M
• 24-Hour Trading Volume: $4.89M

NFT: Overall Daily Sector Change: -6.45%

1. MOCA: Mocaverse (Moca Network) is a metaverse product under Animoca Brands. Mocas are a group of bold and infinitely creative beings that call Mocaverse their home.

• Daily Increase: +8.68%
• Current Price: $0.13576
• Market Cap: $209.66M
• 24-Hour Trading Volume: $54M

2. PENGU: Pudgy Penguins is a collection of 8,888 NFTs leveraging IP utilization and community empowerment to accelerate Web3 innovation.

• Daily Increase: +6.13%
• Current Price: $0.03313
• Market Cap: $2.08B
• 24-Hour Trading Volume: $2.21B
• Recent Updates:
• PENGU token launched on December 6.
• Tokenomics revealed: 47.87% allocated for community airdrops on December 17.

3. BUBBLE: Imaginary Ones is creating the next Web 3.0 Disneyland—Imaginary Carnival—to inspire fun and connect people from all over the world.

• Daily Increase: +0.97%
• Current Price: $0.0079
• Market Cap: $11.01M
• 24-Hour Trading Volume: $10.56M

RWA: Overall Daily Sector Change: -7.04%

1. CTC: Creditcoin is an L1 blockchain designed to match and record credit transactions, creating a public distributed ledger of credit history and loan performance, and connecting Web3 capital with real-world credit investment opportunities.

• Daily Increase: +3.16%
• Current Price: $1.2187
• Market Cap: $502.21M
• 24-Hour Trading Volume: $38.85M

2. MPL: Maple Finance is an on-chain institutional capital market providing under-collateralized loans to institutional borrowers and fixed-income opportunities for lenders.

• Daily Increase: +0.47%
• Current Price: $19.3
• Market Cap: $83.41M
• 24-Hour Trading Volume: $3.82M

3. OM: MANTRA aims to be the first RWA L1 blockchain capable of adhering to and enforcing real-world regulatory requirements. By accelerating the adoption of tokenized RWAs, MANTRA has the potential to unlock the $16 trillion RWA economy through a regulatory-compliant blockchain.

• Daily Decrease: -2.10%
• Current Price: $3.9004
• Market Cap: $3.69B
• 24-Hour Trading Volume: $102.95M
• Recent Updates:
• MANTRA mainnet launched, enabling OM token cross-chain and staking on October 24.
• RWA blockchain MANTRA opened OM airdrop inquiries and announced airdrop details on November 8.

📅 2024/12/19 On-chain daily  

📈 Hot projects：  

🔹 MVRS (Solana) A memecoin on Solana that envisions political figures, led by Donald Trump, as superheroes saving America.  Official Twitter | Trade Board

🔹SUICY (Sui)  A memecoin on SUI and serves as the mascot for the network. Its design features a muscular, Pepe-inspired character with a mature artistic style.  Official Twitter | Trade Board   

🔹 COOKIE (BNB Chain) A token on the BNB Chain that powers an AI Agent data dashboard, tracking metrics such as market cap changes, sentiment, and holder growth across multiple AI Agent tokens.  Official Twitter | Trade Board

🔹LMT (Solana) An AI Agent token on Solana that provides automated workflow solutions. The project is backed by Oxford University and Rochester Institute of Technology. Official Twitter | Trade Board 

🔹ANZ (Base) A Real World Asset (RWA) token on Base that introduced USDz, a stablecoin backed by a diversified RWA investment portfolio.  Official Twitter | Trade Board 

🔹AKUMA (Base)  A memecoin on Base featuring a fierce Shiba Inu design. The token's visual elements are fully AI-generated. Official Twitter | Trade Board  

📈 Bitcoin ecosystem overview  

Gas Fee： The current BTC transaction fee is 4 satoshis/byte. The price trend remains consistently low.  

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:  

🌙 ORDI Market Cap: $581.67M  

🐕 DOG Market Cap:  $699.09M

🐾 FB Market Cap:  $31.84M

📊 Performances of today's top three tracks

1️⃣ CeFi  Overall Daily Sector Change:  -5.32%  Representative projects: UTK, WXT, CHO

2️⃣ NFT Overall Daily Sector Change:  -6.45%  Representative projects: MOCA, PENGU, BUBBLE 

3️⃣ RWA Overall Daily Sector Change:  -7.04%  Representative projects: CTC, MPL, OM

Disclaimer

The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

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