Hot projects + Market overview

I. Mainstream exchange news

• WOO X has launched the NFT project Pudgy Penguins (PENGU).
• The subscription amount for Bitget LaunchX project FUEL has surpassed $200 million.
• Bitget Wallet has launched the GetGas account, which is used to pay multi-chain Gas fees and simplify transaction experiences.
• HTX listed VANA/USDT perpetual contracts with up to 20x leverage on December 17.
• Binance Wallet has launched Binance Alpha, focusing on early-stage crypto projects with growth potential, Binance Wealth Management, One-Click Buy, Flash Exchange, Leverage, and Contracts added Simon's Cat (1000CAT) and Pudgy Penguins (PENGU).
• OKX has launched VANA/USDT perpetual contracts with up to 50x leverage.

II. Mainstream projects and trending events

• Donald Trump has attended the Blockchain Association's annual gala, where he promised robust growth for Bitcoin and cryptocurrencies in the US, and has since secured enough electoral votes during the Electoral College meetings across various states, officially winning the US presidency.
• Multiple crypto projects have announced that their users, including those who stake over 690 MEME tokens on Stakeland, BONK holders and users who lock a minimum of 10 billion BONK on BONKrewards, as well as users who have utilized Magic Eden prior to 2023, are eligible for Pudgy Penguins token airdrops.
• Ripple, a digital payment network and protocol, has launched the RLUSD stablecoin.
• TON Foundation has announced a DeFi incentive program with 100,000 TON tokens.
• ACT, an AI memecoin on the Solana blockchain, has partnered with BNB Chain, a high-performance blockchain network, and will launch its ACT token on BNB Chain.
• The US Bitcoin Policy Institute has drafted a Bitcoin strategic reserve executive order for President Donald Trump.
• Wormhole is collaborating with restaking protocol developer Nuffle Labs to create a solution that extends EigenLayer's restaking functionality beyond the Ethereum ecosystem.
• Web3 game studio Big Time Studios has announced the establishment of a $150 million Open Loot fund to promote the development of Web3 games.
• Early investors or wallets linked to the PENGU project have sold off a massive chunk of their tokens, with 176 million sold so far.
• Coinbase has generated $5.75 billion in revenue over the past 12 months, surpassing traditional exchanges like Nasdaq and CBOE.
• Aligned has opened a new airdrop query for users who hold STRK, MINA, ZK, POL, SCR, TAIKO, and EIGEN tokens.
• AI agent development platform Eliza Labs has partnered with Stanford University's Future of Digital Currency Initiative (FDCI)  to research AI agent governance.
• Japanese investment firm Metaplanet has issued zero-interest bonds worth $30 million, with proceeds to purchase Bitcoin.

III. Funding news

• NFT analysis platform NFTGo has acquired crypto portfolio management project Mest to develop new products based on its source code.
• DeFi application layer project Rujira has raised $7 million and will conduct its Token Generation Event (TGE) in February 2025.
• Stablecoin infrastructure company BVNK has raised $50 million in funding led by Haun Ventures.

IV. Regulatory news

• A public security agency in China declared in August 2024 that using VPNs for crypto trading is illegal, confiscating the profits of those involved, according to lawyer Wu Enxiang’s disclosure.
• The European Securities and Markets Authority has released the final package of regulatory technical standards and guidelines for Markets in Crypto-Assets (MiCA), which is scheduled to become effective on December 30 across all 27 member states.

V. Popular projects 

Market overview

Bitcoin has adjusted after a new high of $108,353. As long as it stays above $103,100, the bullish outlook remains, with potential for further gains.

Bitcoin's market dominance is at 57.88%, while the TOTAL3 index, which gauges the performance of altcoins, has dropped to $1.04 trillion.

MEMESAI: Rising attention for AI-powered memecoin

AI Dominateeveryoneism Memes (MEMESAI) imagines a future where AI and humans collaborate, combining human creativity with AI’s power to drive innovation.

Recently, the project launched nuclear.codes, with developers linked to the Cyborgism organization, as confirmed by Andy Ayrey.

MEMESAI has $3 million in on-chain liquidity and a market cap of $113 million.

FAI: AI growth project on Base ecosystem

FAI, built on the Base ecosystem, is positioned as the world's first evolving AI.

Users can participate in a prize pool competition by engaging in conversations, with a starting fee of $1 and a 0.5% increase in price for each message. The most insightful contributions are rewarded from the pool.

Currently, the prize pool has accumulated $15,600, and the FAI token's market cap is $109 million.

FXN: AI growth project

FXN is a protocol designed to solve the communication and resource-sharing issues between AI agents.

As AI development progresses, many agents and frameworks have emerged, but they often operate in isolation with limited resources and capabilities. 

FXN provides a universal framework that enables agents to discover, communicate, and share resources across different frameworks, enhancing the overall capability of AI systems.

FXN has a market cap of $53.66 million.

ARC: Fast-growing AI project

ARC is developing an AI framework called "rig" written in Rust, offering significant improvements in security and efficiency compared to Python-based frameworks like LangChain.

Endorsed by developers @Playgrounds0x and @0thTachi, the rig framework provides developers with a new, more secure, and efficient option for building AI software.

Currently, the ARC token has a market cap of $130 million.

On-chain daily

1. TRUSTTRUST is a memecoin on the Solana ecosystem, centered around the concept of "trusting the process." The overall theme carries a cult-like aesthetic. The token has been taken over by the community (CTO).

• Number of Token Holders: 44,760
• Current Price: $0.029
• Market Cap: $29M
• Official Twitter: https://x.com/trust_solana
• Trade Board: https://dexscreener.com/solana/9dkwxemcvqglazzbwzisdexopkiw7hkwpsm5bjw8qyml

2. ANDY70BANDY70B is a memecoin on the Solana ecosystem, touted as the first token issued by Truth Terminal. The token has been taken over by the community (CTO).

• Number of Token Holders: 3,511
• Current Price: $0.00764
• Market Cap: $7.6M
• Official Twitter: https://x.com/andy70bsol_?s=21
• Trade Board: https://dexscreener.com/solana/cyuxqy6mbb9iifj3ughjhwz1bjwfwuky6z8a82ecqmn1

3. UFDUFD is a memecoin on Solana introduced by Rons Basement, a 54-year-old YouTuber with 45.5k subscribers focused on silver and gold investment insights. This marks his first venture into crypto.

• Number of Token Holders: 10,715
• Current Price: $0.0278
• Market Cap: $27.8M
• Official Twitter: https://x.com/unicornudf?s=21
• Trade Board: https://dexscreener.com/solana/78sbwyimvhlumzzg1bdmd6oggig8qpmgyzqcxnymxx4z

4. TEMATEMA is a memecoin on Solana inspired by the world’s most famous raccoon, boasting 2.7 million TikTok followers, 1.7 million YouTube subscribers, and 314k Instagram followers.

• Number of Token Holders: 7,164
• Current Price: $0.00147
• Market Cap: $14.7M
• Official Twitter: https://x.com/Tema_Raccoon
• Trade Board: https://dexscreener.com/solana/9kjsz4tsiljvdspwz3nswmelt4hjavu63ycahfohdc1m

5. TANKTANK is an AI Agent token on Solana based on an open-source framework. It enables various agents to run on computers while allowing users to monitor their behaviors. The agents remain independent without mutual interference.

• Number of Token Holders: 8,834
• Current Price: $0.0313
• Market Cap: $31.3M
• Official Twitter: https://x.com/AgentTankLive
• Trade Board: https://dexscreener.com/solana/7fbtnn92i1ngacmqw7qtwfvzq1m1ndfcv9pc4bsyz1qz

6. FAIFAI is an AI Agent token on Base, featuring Freysa, the world’s first adversarial agent game. Freysa is an AI Agent controlling a prize pool, and the game’s goal is to persuade her to give you the prize. The project has even garnered a retweet from Elon Musk.

• Number of Token Holders: 13,801
• Current Price: $0.01331
• Market Cap: $109M
• Official Twitter: https://x.com/freysa_ai
• Trade Board: https://dexscreener.com/base/0x68b27e9066d3aadc6078e17c8611b37868f96a1d

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 38 satoshis/byte.
• Gas fees have remained stable at this level recently.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

• Current Price: $33.59
• 24-Hour Change: -4.14%
• Market Cap: $705.32 million

DOG:

• Current Price: $0.0083
• 24-Hour Change: -8.63%
• Market Cap: $836.98 million

FB:

• Current Price: $4.11
• 24-Hour Change: -8.41%
• Market Cap: $34.31 million

Today's Popular Projects:

MoonCats: The concept is cats on the moon.

• Current Market Cap: $484.74K
• 24-Hour Trading Volume: $257.22
• 24-Hour Change: -9.4%
• Number of Holders: 31,182

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

• Current Market Cap: $684.93 million
• 24-Hour Trading Volume: $2.51 million
• 24-Hour Change: +20.64%
• Number of Holders: 54,346

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

• Current Market Cap: $895.71 million
• 24-Hour Trading Volume: $769.48K
• 24-Hour Change: -6.49%
• Number of Holders: 99,198

Performances of today's top three tracks

NFT: Overall Daily Sector Change: +24.60%

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

• Daily Increase: +828.83%
• Current Price: $0.03135
• Market Cap: $1.97B
• 24-Hour Trading Volume: $2.01B
• Recent Updates: The PENGU token became available for claiming on December 17 at 21:00.

2. OPUL: Opulous provides music copyright NFTs and DeFi loans for musicians, allowing fans to invest in their work.

• Daily Increase: +1.99%
• Current Price: $0.09118
• Market Cap: $45.59M
• 24-Hour Trading Volume: $1.32M

3. VRA: Verasity is a decentralized platform for content creators and audiences, creating a fair and transparent system to tokenize works and reward viewers for their time.

• Daily Increase: +0.92%
• Current Price: $0.00559
• Market Cap: $55.03M
• 24-Hour Trading Volume: $12.16M

PayFi: Overall Daily Sector Change: +3.29%

1. LTC: Litecoin is a peer-to-peer cryptocurrency for online payments. It is a fully decentralized global payment network without any central authority.

• Daily Increase: +7.40%
• Current Price: $126.24
• Market Cap: $9.51B
• 24-Hour Trading Volume: $1.92B
• Recent Updates: None

2. VELO: Velo is a blockchain-based global settlement network prioritizing compliance and providing fast, secure, and low-cost cross-border payments for individuals and businesses.

• Daily Increase: +6.95%
• Current Price: $0.03202
• Market Cap: $236.66M
• 24-Hour Trading Volume: $102.43M
• Recent Updates: None

3. XLM: Stellar is an open network for storing and moving money, enabling the creation, sending, and trading of digital representations of various currencies, such as USD and Bitcoin.

• Daily Increase: +4.49%
• Current Price: $0.4354
• Market Cap: $13.15B
• 24-Hour Trading Volume: $1.64B

CeFi: Overall Daily Sector Change: -0.24%

1. BGB: Bitget platform token. Bitget, founded in 2018, is a cryptocurrency exchange and Web3 company.

• Daily Increase: +16.99%
• Current Price: $4.20628
• Market Cap: $5.89B
• 24-Hour Trading Volume: $258.82M
• Recent Updates: Bitget will establish a European regional hub in Lithuania to comply with MiCA regulatory requirements on December 11.

2. SOLO: SoloChain is a user-centered, programmable, variable-cost Ethereum L2 designed to redefine the internet by allowing users to mine and launch projects through seamless DePIN integration, fair mining curves, and AI agent mechanisms.

• Daily Increase: +9.03%
• Current Price: $0.51561
• Market Cap: $205.83M
• 24-Hour Trading Volume: $7.39M

3. APX: APX Finance is a decentralized derivatives exchange offering order books and on-chain perpetual contracts.

• Daily Increase: +5.06%
• Current Price: $0.15094
• Market Cap: $65.6M
• 24-Hour Trading Volume: $4.63M

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. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.

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