BTC has sparked an ALT rebound

Hot projects + Market overview

I. Mainstream exchange news

• HTX listed theMEMEFI (MemeFi) token.
• Coinbase has signed a sponsorship agreement with the NBA's Los Angeles Clippers.
• Binance has become a Moon sponsor for the largest Bitcoin conference Bitcoin MENA 2024.
• Bitget listed the Cheems (CHEEMS) token on the Innovation Zone and Meme Section and has launched the MEMEFI/USDT and CHILLGUY/USDT perpetual contracts with up to 20x leverage.
• Bitget will launch the Launchpool project ZRC, allowing users to earn 9.12 million ZRC by locking BGB or USDT.
• OKX has listed MEMEFI/USDT perpetual contracts and initiated pre-trading for Magic Eden (ME).
• WOO X has launched the "Black Friday" trading incentive event, which will distribute a total of 15,000 USDT as rewards.

II. Mainstream projects and trending events

• The Sui Foundation has announced a strategic partnership with Franklin Templeton Digital Assets.
• ValleyDAO, a community supporting synthetic biology research, has released its 2024-2025 roadmap, including GROW token economics improvements.
• Europe's second-largest insurance company, Allianz Societas Europaea, has acquired nearly 25% of the convertible notes from MicroStrategy, which will be due in 2031.
• Andreessen Horowitz's crypto division a16z may be selected for Trump's cryptocurrency advisory committee, according to Reuters.
• USUAL, a decentralized Real World Asset (RWA) stablecoin protocol, has announced that all Galxe participants' points will be exchanged 1:1 for Pills in the airdrop.
• The Bitcoin native application chain Side Protocol will have a genesis airdrop of 10% of the total SIDE tokens.
• The Magic Eden Foundation has scheduled the TGE for its ME token on December 10.
• Standard Chartered's crypto custody company Zodia Custody has established a strategic partnership with Huarong International Financial Holdings Limited.
• According to Token Unlocks data, this week will see significant token unlocks for SUI, OP, and IMX, totaling over $300 million in value.
• Digital bank ZA Bank has partnered with HashKey Exchange to provide cryptocurrency trading services to retail users.
• HECO Network developed by HTX, will be decommissioned on January 15, 2025, and will also withdraw some HRC20 assets.
• Elon Musk retweeted a tweet about Mars immigration by Mario Nawfal, founder of IBC Group, calling it a "meme" OG move. After Musk mentioned the token WOULD, its value increased by 700 times. 
• X is planning to introduce a remittance feature within its X Payments service.
• Cboe, the world's leading derivatives and securities exchange network, will launch the first cash-settled index options related to the price of spot Bitcoin on December 2.
• Ethereum co-founder Vitalik Buterin has announced a "Sublinear Staking Contract" bug bounty program on Bountycaster, with a total prize pool of 2 ETH.
• Layer2 project Zircuit lifted the transfer restrictions on ZRC tokens on November 25.

III. Funding news

• The Meme project BabyDoge on BNB has acquired GasPump, a platform that has integrated the TON blockchain and focuses on Telegram ecosystem token issuance.
• Amazon has invested an additional $4 billion in Anthropic, the biggest rival to OpenAI.

IV. Regulatory news

• The US Blockchain Association has submitted cryptocurrency regulatory recommendations to the Donald Trump administration, urging the establishment of a cryptocurrency regulatory framework.
• The UK will announce a cryptocurrency and stablecoin regulatory framework by early 2025.

V. Popular projects 

​​Market overview

After reaching a peak of $99,588, Bitcoin’s market dominance declined to 59.31%, prompting a broad rebound among altcoins, though the ETH/BTC rate did not show significant increase.

A rally in altcoins could occur if Bitcoin stabilizes and the ETH/BTC rate climbs rapidly. Watch for risks of further declines if BTC falls below the 1-hour moving average (MA140) at $96,501.

CLANKER: Base network’s token launch platform

CLANKER, a Base token launch platform akin to Pump.fun, has garnered considerable attention with promotions from notable figures including Base CEO Jesse.

As of November 24, it achieved a trading volume of $367 million and generated $3.92 million in revenue.

The CLANKER token's current market cap stands at $58.58 million.

VVAIFU: Rising AI concept on Solana

VVAIFU positions itself as the autonomous AI agent version of pump.fun on Solana, allowing creators to launch AI agents within seconds.

It allows users to quickly deploy AI agents for a minimal cost. AI tokens are launched through Pump.fun’s binding contracts, enabling auto-posting on X at creation.

After significant adjustments, VVAIFU has a current market cap of $67.32 million.

AVA: AI agent meme gaining traction

AVA AI is a memecoin launched by the cross-chain social proxy platform, Holoworld AI community.

Originally known as Binance MVB, Holoworld has garnered support from notable firms like Polychain Capital, Arthur Hayes, Domo, and Luca Netz.

The AVA token has reached a market value of $85.72 million.

TAI: Pioneering AI protocol on Solana

Tars AI is the first AI architectural protocol within the Solana ecosystem, aiming to foster the widespread adoption of blockchain through innovative AI frameworks.

It supports the ecosystem by incubating startups and distributing new tokens to TAI holders, thus incentivizing community involvement.

On June 27, the project announced the burn of 100 million team-held TAI tokens, reducing the total supply by 10%. TAI currently has a market cap of $112 million.

DeSci boom in crypto

DeSci, the decentralized science sector, is thriving with notable investments like Binance Labs backing the Bio project and endorsements from figures such as CZ and Vitalik Buterin.

Developments in longevity research, including gamified scientific studies and promising findings on aging and stress resistance, have fueled considerable token surges.

Mechanism Capital cofounder Andrew Kang's likening of DeSci to the 2019 DeFi era has sparked intense interest, with projects like VITA, RIF, URO, and sci-hub experiencing price gains.

On-chain daily

1. PURPE: PURPE is a memecoin on the Solana blockchain, featuring a Solana-exclusive Pepe with a purple theme. The token was deployed in July 2023 and currently hosts an airdrop event on X.

• On-Chain Token Holding Addresses: 26,015
• Current Price: $0.00108
• Market Cap: $45.4M
• Official Twitter: https://x.com/purplepepes0l

2. CLANKER: CLANKER is an AI token on the BASE blockchain, created by the token-generating AI agent Clanker. The token generated $3.92M in revenue within 15 days. Notably, Jesse, the head of the Base protocol, spent 0.333 ETH to buy Clanker tokens on November 25.

• On-Chain Token Holding Addresses: 17,055
• Current Price: $54.4
• Market Cap: $54.4M
• Official Twitter: https://x.com/clankeronbase

3. Terry: Terry is a memecoin on the Solana blockchain featuring a turtle wearing a helmet, representing players in Solana's memecoin arena. The project is followed by Sandra, founder of Kaito.

• On-Chain Token Holding Addresses: 7,730
• Current Price: $0.242
• Market Cap: $24.2M
• Official Twitter: https://x.com/TerryTrenches/

4. WALLY: WALLY is a memecoin on the Ethereum blockchain, featuring an emotional support animal in real life. Wally helped its owner recover from depression following personal losses.

• On-Chain Token Holding Addresses: 4,630
• Current Price: $0.00186
• Market Cap: $18.6M
• Official Twitter: https://x.com/Wallygator_ETH

5. blob: blob is a memecoin on the Solana blockchain tied to an AI agent that generates its own content and uploads it as short videos to TikTok and YouTube. Developers are actively buying back tokens.

• On-Chain Token Holding Addresses: 8,754
• Current Price: $0.0148
• Market Cap: $14.8M
• Official Twitter: https://x.com/BlobanaPet

6. EEeEeEEEE: EEeEeEEEE is a memecoin on the Base blockchain, issued by Clanker, featuring a smiley dolphin (Miharu). The term “eeeeeeee” represents a unique language with a history tied to Warpcast, where the token has gained significant attention.

• On-Chain Token Holding Addresses: 7,938
• Current Price: $0.0000427
• Market Cap: $2.7M
• Warpcast Discussion: https://warpcast.com/~/channel/dolphin-zone

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

• Current BTC Transaction Fee: 3 satoshis/byte
• Regardless of market conditions, transaction fees remain consistently low.

Fractal Bitcoin Gas Fee Changes: 

• Current Transaction Fee: 3 satoshis/byte
• Gas fees remain sluggish with minimal transaction activity.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

• Current Price: $39.57
• 24-Hour Change: -8.3%
• Market Cap: $826.02M

DOG:

• Current Price: $0.0071
• 24-Hour Change: -5.81%
• Market Cap: $719.49M

FB:

• Current Price: $5.01
• 24-Hour Change: -2.4%
• Market Cap: $32.48M

Today's Popular Projects:

Unisats: A fractal Bitcoin inscription used as gas fees for BRC20 swaps on Bitcoin mainnet and Fractal network.

• Current Market Cap: $4.52M
• 24-Hour Trading Volume: $7.46K
• 24-Hour Change: +41.57%
• Number of Holders: 355,471

𝛑: An inscription and one of the leading projects, with a large and highly active community.

• Current Market Cap: $762.17M
• 24-Hour Trading Volume: $2.34M
• 24-Hour Change: +6.05%
• Number of Holders: 40,725

SATOSHI•NAKAMOTO: A Rune project featuring Satoshi Nakamoto, recently listed on OKX.

• Current Market Cap: $11.55M
• 24-Hour Trading Volume: $7K
• 24-Hour Change: +12.14%
• Number of Holders: 16,215

Performances of today's top three tracks

GameFi: Overall Daily Sector Change: +8.17%

1. SAND: The Sandbox is a metaverse gaming platform on Ethereum, originally launched as a mobile game in 2012. The SAND token is used for in-platform transactions, including the purchase and sale of virtual goods, land, and experiences.

• Daily Increase: +65.50%
• Current Price: $0.7646
• Market Cap: $1.83B
• 24-Hour Trading Volume: $6.14B
• Recent Updates: NFT airdrop distribution.

2. FAR: Farcana is a battle royale shooting game where players seek to start a new life on terraformed Mars and mine resources, including Bitcoin.

• Daily Increase: +33.95%
• Current Price: $0.01093
• Market Cap: $12.07M
• 24-Hour Trading Volume: $1.69M
• Recent Updates: Partnerships with Shards, Wayfinders, and W3GG gaming communities.

3. MANA: A metaverse gaming platform on Ethereum that allows users to buy services and virtual goods.

• Daily Increase: +23.13%
• Current Price: $0.6601
• Market Cap: $1.23B
• 24-Hour Trading Volume: $1.71B

AI: Overall Daily Sector Change: +0.54%

1. VVAIFU: An AI meme project integrating the Eliza framework as a potential AI meme launchpad.

• Daily Increase: +34.20%
• Current Price: $0.05749
• Market Cap: $57.28M
• 24-Hour Trading Volume: $18.34M

2. AITECH: A zkEVM Layer2 solution on Ethereum, Scroll enables native compatibility with Ethereum applications and tools by processing off-chain transactions and publishing correctness proofs on-chain.

• Daily Increase: +26.48%
• Current Price: $0.11477
• Market Cap: $124.12M
• 24-Hour Trading Volume: $9.10M
• Recent Updates: Scroll will be listed on OKX - 11.1

3. PCX: Solidus Ai Tech operates an HPC data center on the BNB Chain. AITECH serves as the payment gateway for AI and GPU market services.

• Daily Increase: +20.06%
• Current Price: $0.12318
• Market Cap: $1.54M
• 24-Hour Trading Volume: $108.83K
• Recent Updates: Data center updated.

NFT: Overall Daily Sector Change: +0.27%

1. MUSE: MUSE is the governance token of nft20.io. NFT20 tokenizes NFTs, enabling them to be traded on decentralized exchanges like UniSwap or SushiSwap.

• Daily Increase: +56.22%
• Current Price: $14.285
• Market Cap: $13.57M
• 24-Hour Trading Volume: $8.82M

2. VRA: Verasity is an open ledger ecosystem providing infrastructure for publishers and advertisers, rewarding users for watching video content.

• Daily Increase: +18.79%
• Current Price: $0.0054
• Market Cap: $53.15M
• 24-Hour Trading Volume: $37.03M
• Recent Updates: Upgraded website UI.

3. TDROP: TDROP is an NFT marketplace built around the concept of NFT liquidity mining.

• Daily Increase: +14.05%
• Current Price: $0.00245
• Market Cap: $27.06M
• 24-Hour Trading Volume: $5.51M
• Recent Updates: Distributed commemorative gift boxes for VIP users.

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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