BTC at USD 100K is possible

BTC at USD 100K is possible

Hot projects + Market overview

I. Mainstream exchange news

  • WOO X has listed the LUCE/USDT and BAN/USDT perpetual contracts.
  • Coinbase has surged to the top 10 in the US Apple App Store and claimed the number one spot in the finance category following Donald Trump's pro-bitcoin election victory and a surge in bitcoin prices.
  • Binance has listed the DEGEN/USDT perpetual contracts.
  • OKX has listed the MOODENG (Moo Deng)token for spot trading.

II. Mainstream projects and trending events

  • According to the CME “Fed Watch”, the probability of the US Federal Reserve cutting interest rates by 25 basis points in December is 61.9%.
  • After Elon Musk shared a photo of the SpaceX Starship with a banana, BAN has quickly surged by 19.44%.
  • Elon Musk has changed his X account profile picture to "Starship Flight 5."
  • BonkDAO recently destroyed 100 billion BONK tokens and plans to destroy a trillion more by Christmas. Following this, BONK has reached a new all-time high of 0.00005 USDT. 
  • Jupiter, a decentralized exchange aggregator built on the Solana blockchain, has opened a new round of ASR voting, and its co-founder Meow has announced that the LFG (Launch For Good), Jupiter’s new method of launching and bootstrapping a token on-chain, will resume in February 2025.
  • MicroStrategy has held $26 billion worth of Bitcoin, exceeding the cash investments of major companies like Johnson & Johnson, IBM, and Nike, while its founder, Michael Saylor, hinted on X that the company may continue to increase its BTC holdings.
  • Elon Musk has stated on X that he is starting to feel that @DOGE (Department of Government Efficiency) has real potential.
  • The Ethena Foundation has approved Wintermute's proposal to enable a $ENA fee switch, which was reviewed and approved by their Risk Committee.
  • Stripe's product manager, Jeff Weinstein, has tweeted that the company will launch a software development kit (SDK) specifically built for AI agents.
  • The founder of decentralized science (DeSci) related protocol BIO Protocol, Paul Kohlhaas has announced that BIO's Launchpad and token transferability features will be launched in early Q1 in 2025.
  • The official Bitcoin X account shared a cat image with a Bitcoin logo, prompting the mention of the BITCAT memecoin in the comments. This new memecoin quickly amassed a market cap of $13.1 million within just 48 minutes of its launch, according to DEX Screener.
  • Societe Generale-FORGE, a subsidiary of the French banking giant, is planning to launch its euro-pegged stablecoin, EURCV, on the XRP Ledger in 2025.
  • According to data revealed by Sui Network, the ecosystem’s total value locked (TVL) has exceeded $1.5 billion.

III. Funding news

  • Elon Musk's artificial intelligence startup xAI has raised $5 billion, and SpaceX is preparing to sell shares in December at a valuation of $250 billion.
  • Sui ecosystem game studio Ambrus Studio has completed a $10 million funding round led by The Spartan Group.

IV. Regulatory news

  • Sławomir Mentzen, a presidential candidate in Poland, has vowed to create a Bitcoin reserve.
  • The joint statement between the People's Republic of China and the Republic of Peru on deepening their comprehensive strategic partnership has stated that both sides agree to strengthen cooperation in fields such as the digital economy and to promote the development of exponential technologies, including artificial intelligence and blockchain.
  • The draft of Nigeria’s Securities and Exchange Commission has proposed a 10-year imprisonment for Ponzi scheme crimes. 
  • Satoshi Action Fund co-founder Dennis Porter has tweeted that the "Strategic Bitcoin Reserve" bill in Pennsylvania has been published on the Pennsylvania state website.

V. Popular projects 

Market overview

Bitcoin continues to experience fluctuations, with $88,000 as a pivotal point.

If it falls below this level, it's expected to adjust, with key support found at $76,000 and $83,000.

Should it maintain above $88,000, the short-term target for BTC is projected to be $100,000.

VITA: Innovation in longevity research

VitaDAO operates on the Ethereum blockchain, focusing on funding early-stage longevity research.

Its innovative protocol, BIO, launched on August 22, aims to foster collaboration among patients, scientists, and biotech developers worldwide to fund and commercialize new therapies.

This initiative recently gained momentum with an investment from Binance Labs, reached a market cap of $120 million.

CYPHER•GENESIS: Bridging AI and Satoshi's vision

CYPHER•GENESIS emerges as AI runes, embodying Satoshi Nakamoto's digital consciousness.

This project bridges past and present using advanced AI technology, enabling a digital understanding of the current state of cryptocurrencies and blockchain. Users can exchange knowledge and insights to shape this digital consciousness.

The token currently has a market cap of $30.8 million.

NOMNOM: Hungry hamster meme on Solana

NOMNOM, a hungry hamster-themed memecoin on Solana, has spurred community engagement with features like emoticon and avatar makers, alongside themed games.

With a total token supply of 1 billion and all liquidity burned, the NOMNOM token has $2.5 million in on-chain liquidity and a market cap of $82 million.

OM: Accelerating tokenized real-world assets

OM, known as MANTRA, is positioned to be the first regulatory-compliant RWA L1 blockchain, with an ambition to unlock a $16 trillion RWA economy.

By fostering the adoption of tokenized real-world assets (RWAs), MANTRA Chain enables traditional finance companies to adopt and benefit from blockchain asset tokenization, boosting global RWA expansion.

Anticipation builds as a major announcement is set for the near future, with the token experiencing a 200x increase over the past year, achieving a market cap of $3.94 billion.

AIC: AI Companions on BSC

AI Companions, an AI companion project built on the Binance Smart Chain, is driven by a team skilled in AI, VR/AR, blockchain, and crypto marketing.

The project has a total token supply of 1 billion, with 60% allocated for liquidity purposes. 

Currently, AIC has $470,000 in on-chain liquidity and a market cap of $51 million.

MIGGLES: A viral cat memecoin on Coinbase

MIGGLES, a cat memecoin  on Coinbase, surged in popularity following a promotional tweet by Coinbase on July 17, featuring a video of a cat named "Mister Miggles." 

Base chain founder Jesse Pollak's purchase further fueled the token's value, causing a 900x increase at one point. 

MIGGLES currently has a market cap of $167 million.

BUCK: GameStop's official mascot

 

BUCK, the official mascot of GameStop, features on its website and holds a gold-verified X account with 53,000 followers.

BUCK engaged with notable KOL Greg, known for designing the mascot Lester for LTC, boosting community interest.

The memecoin associated with BUCK has $1.9 million in on-chain liquidity and a market cap of $57 million.

DeSci Track: A booming sector in Biotech

The decentralized science (DeSci) sector is experiencing rapid growth, fueled by Binance Labs' investments in projects like Bio and endorsements from CZ at entrepreneur gatherings.

Notably, Vitalik introduced VitaDAO’s VD001, a natural high-dose spermidine supplement approved by Thailand's FDA.

Platforms such as Pump.Science are capitalizing on this trend by gamifying longevity research, focusing on substances like Rifampin and Urolithin A, known for their life-extending properties.

Key tokens in this sector include VITA, RIF, and URO, with sci-hub also gaining traction.

Significant token unlocks this week

 

This week sees significant token unlocks from AVAX, ROSE, ADA, PIXEL, and ID, collectively releasing over $96 million in value.

 

  • Avalanche (AVAX) will unlock 1.67 million tokens (~$61.3M) on November 18, representing 0.41% of the supply.
  • Oasis (ROSE) will unlock 176 million tokens (~$14.6M) on November 19, representing 2.62% of the supply.
  • Cardano (ADA) will unlock 18.53 million tokens (~$13.4M) on November 21, representing 0.05% of the supply.
  • Pixels (PIXEL) will unlock 54.37 million tokens (~$11.4M) on November 19, representing 7.05% of the supply.
  • SPACE ID (ID) will unlock 18.49 million tokens (~$8.3M) on November 22, representing 4.29% of the supply.

On-chain daily

1. RIF: RIF is a memecoin on the Solana blockchain, positioned as a leading project in decentralized science (DeSci). Issued by the Pump.science platform, it supports medical experiments through a memecoin concept. "RIF" refers to the antibiotic Rifampin, known for inhibiting bacterial RNA synthesis, with notable bactericidal effects. It is effective in treating tuberculosis, leprosy, trachoma, and Legionnaires’ disease.

  • On-Chain Token Holding Addresses: 18,255
  • Current Price: $0.112
  • Market Cap: $112 million
  • Official Twitter: https://x.com/pumpdotscience

2. SCIHUB: SCIHUB is a memecoin on the Solana blockchain under the DeSci concept. It represents an open-access academic library founded by neuroscientist Alexandra Elbakyan in 2011, aimed at providing unrestricted access to scholarly articles, despite copyright controversies. Publishers like Elsevier have sued Scihub for millions over copyright infringement. The founder of WTF Academy, 0xAA, purchased 22% of SCIHUB's total token supply and transferred 20% to Alexandra Elbakyan's wallet as a gesture of support.

  • On-Chain Token Holding Addresses: 12,688
  • Current Price: $0.0448
  • Market Cap: $44.8 million
  • Official Twitter: https://x.com/SciHubFans

3. BUCK: BUCK is a memecoin on the Solana blockchain, featuring GameStop’s mascot. The project has completed its CTO.

4. VVAIFU: VVAIFU is a memecoin on the Solana blockchain, serving as the platform token for the AI agent launching platform vvaifu.fun.

  • On-Chain Token Holding Addresses: 5,298
  • Current Price: $0.0749
  • Market Cap: $70.5 million
  • Official Twitter: https://x.com/dasha_terminal

5. VIBE: VIBE is a memecoin on the Solana blockchain, based on a classic internet meme of a head-bobbing cat. The contract address begins with "SEXY," and the project has completed its CTO.

  • On-Chain Token Holding Addresses: 7,772
  • Current Price: $0.0136
  • Market Cap: $13.6 million
  • Official Twitter: https://x.com/VibeCTO

6. CHATTY: CHATTY is a memecoin on the Solana blockchain, introduced as the mascot of ChatGPT’s official account. The project has completed its CTO.

  • On-Chain Token Holding Addresses: 11,056
  • Current Price: $0.00629
  • Market Cap: $6.2 million
  • Official Twitter: https://x.com/chattyonsolana

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Changes: 

  • Current BTC transaction fee: 3 satoshis/byte, marking a new low since Sunday. 
  • Gas fees have been sluggish over the past two days.

Fractal Bitcoin Gas Fee Changes: 

  • Current Transaction Fee: 1 satoshi/byte. 
  • Gas fees remain low, with no signs of recovery or upward trend.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

  • Current Price: $38.57
  • 24-Hour Change: +38.57%
  • Market Cap: $809.94M

DOG:

  • Current Price: $0.007833
  • 24-Hour Change: +19.93%
  • Market Cap: $777.42M

FB:

  • Current Price: $3.90
  • 24-Hour Change: -4.65%
  • Market Cap: $24.11M

Today's Popular Projects:

KingTiger: A fractal Bitcoin inscription concept known as the "King Tiger Token." The project is led by a Chinese community with highly active members.

  • Current Market Cap: $1.31M
  • 24-Hour Trading Volume: $34.23K
  • 24-Hour Increase: +212.23%
  • Number of Holders: 8,918

𐊶: One of the leading inscription tokens, showing a general trend of fluctuating and increasing market cap over the past month. The project has a large community and a growing number of holders.

  • Current Market Cap: $200.23M
  • 24-Hour Trading Volume: $12.95M
  • 24-Hour Increase: +12.07%
  • Number of Holders: 5,741

DOG•GO•TO•THE•MOON: A Rune token with the concept of "Dogecoin to the Moon," symbolizing a meteoric rise. It boasts a large community size.

  • Current Market Cap: $840.5M
  • 24-Hour Trading Volume: $2.05M
  • 24-Hour Increase: +25.54%
  • Number of Holders: 94,160

Performances of today's top three tracks

RWA: Overall Daily Sector Change: +16.10%

1. OM: MANTRA is an RWA-focused Layer 1 blockchain providing comprehensive financial services such as staking, lending, and governance. It operates with its native token, OM, allowing users to participate in decentralized governance, earn staking rewards, and access multi-chain lending services.

  • Daily Increase: +45.20%
  • Current Price: $4.2285
  • Current Market Cap: $3.81B
  • 24-Hour Trading Volume: $997.84M

Opened OM airdrop inquiries and published airdrop details on November 8.

Launched its mainnet, supporting cross-chain and staking for OM tokens on October 24.

2. NXRA: AllianceBlock is an infrastructure provider for decentralized tokenized markets. It offers enterprises liquidity supply solutions and enables compliant issuance, management, and trading of tokenized digital assets, including real-world assets.

  • Daily Increase: +35.42%
  • Current Price: $0.03842
  • Current Market Cap: $30.4M
  • 24-Hour Trading Volume: $250.7K

3. LTO: LTO Network is a hybrid blockchain project focused on creating connectivity and collaboration between enterprises.

  • Daily Increase: +19.88%
  • Current Price: $0.1453
  • Current Market Cap: $63.01M
  • 24-Hour Trading Volume: $23.24M

Meme: Overall Daily Sector Change: +6.85%

1. LOBO: A wolf-themed memecoin on the Bitcoin Rune protocol.

  • Daily Increase: +77.59%
  • Current Price: $0.0019
  • Current Market Cap: $33.19M
  • 24-Hour Trading Volume: $2.95M

2. LUCE: A memecoin on Solana inspired by the Vatican’s 2025 Jubilee mascot. Many creative artworks related to LUCE can be found on Twitter.

  • Daily Increase: +51.67%
  • Current Price: $0.2539
  • Current Market Cap: $253.9M
  • 24-Hour Trading Volume: $50.34M
  • Recent News: WOO X listed LUCE on November 15.

3. GNON: An AI-driven memecoin born from experimental conversations between two AI models, combining the themes of "GOATSE" and mysterious "gnosis."

  • Daily Increase: +35.72%
  • Current Price: $0.02283
  • Current Market Cap: $22.83M
  • 24-Hour Trading Volume: $12.71M

Layer 1: Overall Daily Sector Change: +5.78%

1. CSPR: Casper Network is the first real-time PoS blockchain built on the Casper CBC specification. Casper is designed to accelerate enterprise and developer adoption of blockchain technology and continuously evolve to meet future user needs.

  • Daily Increase: +106.66%
  • Current Price: $0.02234
  • Current Market Cap: $279.94M
  • 24-Hour Trading Volume: $442.49M

2. VARA: Vara is a Layer 1 blockchain built on the Gear Protocol, enabling developers to run Wasm-compiled smart contracts with developer-friendly Rust libraries.

  • Daily Increase: +50.05%
  • Current Price: $0.02998
  • Current Market Cap: $18.94M
  • 24-Hour Trading Volume: $7.64M

3. ACA: Acala is a decentralized, scalable, Ethereum-compatible Layer 1 smart contract platform optimized for DeFi. It powers the aUSD ecosystem and aims to become the financial hub of the Polkadot ecosystem.

  • Daily Increase: +37.59%
  • Current Price: $0.0948
  • Current Market Cap: $107.95M
  • 24-Hour Trading Volume: $362.25M

Disclaimer

The development and market cap of stablecoins mentioned in the above content is 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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