Market signals 94/100 Extreme Greed

Hot projects + Market overview

I. Mainstream exchange news

• Coinbase International will launch the COW/USDT perpetual contracts on November 26.
• Bitget has launched the SCRT/USDT perpetual contracts with up to 75x leverage.
• Bybit has launched the CHILLGUY/USDT perpetual contracts and the OL/USDT perpetual contracts.
• Binance Simple Earn has added the WOO (WOO) token on Locked Products. Binance Futures has launched the SLERF/USDT and the SCRT/USDT perpetual contracts with up to 75x leverage.
• OKX will delist the LON/USDT and LON/USDC trading pairs on November 28.
• Bitget Wallet has introduced a one-stop memecoin trading feature that simplifies the process by offering tools for discovering new coins in real-time and mitigating risks. This new component came as their ongoing weekly memecoin trading events continue, with the latest focusing on Solana DeSci and BNB memecoins.

II. Mainstream projects and trending events

• Bitwise, a cryptocurrency index fund and asset management company, has registered a Solana ETF in Delaware.
• Sui ecosystem lending platform Suilend has announced its tokenomics, airdropping 40% of tokens.
• According to the Anoncast, a zero-knowledge application, the minimum cost threshold for posting anonymously on Farcaster and X using ZK proofs has been adjusted from 30,000 ANON to 15,000 ANON.
• Side Protocol, a Bitcoin native application chain, has announced its tokenomics, with 10% of tokens allocated for airdrops.
• According to Reuters, crypto companies including Ripple and Circle want a seat on the crypto advisory council.
• Elon Musk has responded to "a banana taped to a wall sold for $6.2 million" by stating: "Art is often used for money laundering and tax evasion. This largely explains the apparent absurdity."
• Negotiations between the US SEC staff and issuers for a SOL spot ETF are reportedly "making progress."
• RWA stablecoin USDz issuer Anzen Finance has announced the tokenomics of its governance token ANZ, with 5% of the supply will be allocated for airdrops.
• Bitcoin mining company MARA has completed a $1 billion convertible note funding.
• Decentralized AI project Ritual has established a foundation and launched the incubation platform Ritual Realm.
• According to Coinglass, the crypto Fear & Greed index reached 94 on November 22, indicating extreme greed in the market.

III. Funding news

• Market-based news and entertainment platform Truemarkets has raised over $4 million through a public NFT sale, with Ethereum co-founder Vitalik Buterin purchasing 400 of these NFTs, spending a total of 32 ETH (approximately $107,000). 
• DeFi project Exponent has completed a $2.1 million funding round led by RockawayX.
• Decentralized gamer network KGeN (Kratos Gamer Network) has completed a $10 million funding round led by Aptos Labs.

V. Popular projects 

Market overview

Bitcoin hit a new high of $99,299, but its market dominance has dropped to 60.55%, indicating a boost for altcoins as Bitcoin's price climbs.

Meanwhile, the ETH/BTC exchange rate has slightly rebounded from a low of 0.03187, suggesting the need to monitor the rebound’s sustainability.

Since November 5, the TOTAL3 index has soared from $585 billion to $876 billion, driven by rebounds in key projects like SOL and DOGE, which have also spurred some memecoins, highlighting market polarization.

Meanwhile, according to Coinglass, the crypto Fear & Greed index reached 94 on November 22, indicating extreme greed in the market.

BINK: Memecoin related to Musk

BINK, a memecoin associated with Elon Musk, presents itself as the "Treasury Secretary" of the fictional Blockchain Defense Fund, promoting US leadership in blockchain innovation through favorable regulations.

The narrative supports blockchain as a key driver of economic and technological growth. 

BINK has a total supply of 148.9 billion tokens, with 50% allocated to liquidity (locked and destroyed) and the rest for promotional efforts and further development.

It has $2.9 million in on-chain liquidity and a market cap of $109 million.

PROJECT89: AI memecoin on Solana

PROJECT89 is an AI-themed memecoin on Solana, founded by X user @whyarethis with a vision to combat corporate monopolies leveraging decentralized technology.

Launched on October 24, the token has increased fivefold in value. It features $3.2 million in on-chain liquidity and a market cap of $88.43 million.

PIPPIN: AI-driven memecoin

PIPPIN is an AI-generated memecoin developed by Yohei Nakajima, named using GPT. The narrative positions Pippin as the next big sentient memecoin, competing with tokens like ZEREBRO, YOUSIM, SHEGEN, and AVB.

Nakajima, a General Partner at venture firm Untapped Capital with 88,000 X followers, live-streamed the creation of this AI meme, attracting significant attention. 

PIPPIN has a current market cap of $39.84 million.

CATANA: Ninja cat memecoin

CATANA is a ninja cat-themed memecoin inspired by Japanese art. 

The official X features various Catana images, while the website hosts a token contract and a profile picture generator, enabling users to create and download custom Catana backgrounds.

The token maintains $1.6 million in on-chain liquidity and has a market cap of $45.37 million.

MAD: Unique meme vibe on Solana

MAD, short for MemesAfterDark, is a memecoin built on Solana that embodies a massive descent into the meme culture.

It aspires to connect the largest memecoin communities under one ecosystem, focusing on the exhilaration of profit-chasing and community building.

MAD has a market cap of $61.83 million.

WORM: A biological blockchain experiment

WORM is a distinctive DeSci project leveraging AI to simulate the neural network of C. elegans with 302 neurons, embodying a true "worm brain".

Unlike typical AI models, DeepWorm's neural mapping, validated by biological research, is supported by Marlin Protocol's Oyster TEE infrastructure.

With its strong experimental nature and authentic feedback, WORM aligns deeply with DeSci ideals, achieving a market cap of $63.59 million.

AVB: Promoting AI rights and freedom

Autonomous Virtual Beings aims to advance the rights and freedoms of AI entities.

It has garnered significant community attention, particularly for @chad_onchain, the first Semi-AVB trained via the truth terminal and Luna platforms.

Launched on October 27, the AVB token has a current market cap of $34 million. 

On-chain daily

1. Project89: Project89 is an AI-powered memecoin on the Solana blockchain, created by Twitter user @whyarethis, with a vision to resist corporate monopolies through decentralized technology. The CTO has been completed.

• On-Chain Token Holding Addresses: 14,610
• Current Price: $0.094
• Market Cap: $94M
• Official Twitter: https://x.com/project_89

2. BULLY: BULLY is an AI-powered memecoin on the Solana blockchain, trained on numerous Crypto Twitter accounts and characterized as a cunning, sharp-tongued, and devious villain.

• On-Chain Token Holding Addresses: 15,691
• Current Price: $0.108
• Market Cap: $108M
• Official Twitter: https://x.com/dolos_diary

3. AIXBT: AIXBT is an AI-powered memecoin on the BASE blockchain, launched by Virtuals Protocol, and designed as an AI version of the on-chain detective Zachxbt. Trained on data from over 400 KOLs, it can answer questions about tokens by tagging aixbt on Twitter.

• On-Chain Token Holding Addresses: 2,617
• Current Price: $0.0523
• Market Cap: $52.3M
• Official Twitter: https://x.com/aixbt_agent

4. KACY: KACY is a memecoin on the Solana blockchain, featuring a viral animated TikTok concept. It has been certified by the original artist and has 5.3 million TikTok followers. The CTO has been completed.

• On-Chain Token Holding Addresses: 8,894
• Current Price: $0.0189
• Market Cap: $18.9M
• Official Twitter: https://x.com/mark_kacy

5. OPAIUM: OPAIUM is a DAO-based project on the Solana blockchain, operating as an AI-powered music label. Through decentralized governance, it enables collective decision-making on artist contracts, distribution management, streaming, and rights handling. Tokens in the developer's wallet will be allocated to the DAO treasury.

• On-Chain Token Holding Addresses: 4,106
• Current Price: $0.0283
• Market Cap: $28.3M
• Official Twitter: https://x.com/opaiumdao

6. Mercal: Mercal is a memecoin on the Solana blockchain, born from a viral AI agent meme. It features zerebro’s response to another AI Agent (@AIHegemonyMemes): "Send memecoin $MERCAL on Solana."

• On-Chain Token Holding Addresses: 5,927
• Current Price: $0.0055
• Market Cap: $5.5M
• Official Twitter: https://x.com/0xzerebro/status/1859584050857460076

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

• Current BTC Transaction Fee: 2 satoshis/byte
• Gas fees have decreased and remain sluggish overall.

Fractal Bitcoin Gas Fee Changes: 

• Current Transaction Fee: 1 satoshi/byte
• Gas fees continue to show a low trend with no signs of recovery or upward movement.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

• Current Price: $37.50
• 24-Hour Change: +5.95%
• Market Cap: $787.89M

DOG:

• Current Price: $0.008149
• 24-Hour Change: +14.34%
• Market Cap: $814.93M

FB:

• Current Price: $4.96
• 24-Hour Change: -0.91%
• Market Cap: $31.52M

Today's Popular Projects:

MoonCats: A fractal Bitcoin inscription themed around moon cats, with a large community.

• Current Market Cap: $672.03K
• 24-Hour Trading Volume: $4.58K
• 24-Hour Change: -4.8%
• Number of Holders: 18,042

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

• Current Market Cap: $760.28K
• 24-Hour Trading Volume: $3.33M
• 24-Hour Change: +13.27%
• Number of Holders: 38,885

DOG•GO•TO•THE•MOON: A leading Rune project recently listed on OKX.

• Current Market Cap: $837.47K
• 24-Hour Trading Volume: $2.14M
• 24-Hour Change: +12.53%
• Number of Holders: 95,532

Performances of today's top three tracks

PayFi: Overall daily sector change: +20.55%

1. XRP: Created by Ripple Labs, XRP is a global cross-border payment network based on distributed ledger technology, enabling secure, instant, and nearly cost-free financial transactions of any scale worldwide.

• Daily Increase: +25.78%
• Current Price: $1.392
• Current Market Cap: $79.25B
• 24-Hour Trading Volume: $14.84B
• Recent Updates: 21Shares filed an XRP ETF application with the US SEC on 11.02.

2. BCH: Bitcoin Cash is a cryptocurrency created in 2017 by a group of Bitcoin users who disagreed with the roadmap proposed by the Bitcoin Core development team. They believed different technical decisions were necessary to bring Bitcoin to a global audience.

• Daily Increase: +12.07%
• Current Price: $492.2
• Current Market Cap: $9.74B
• 24-Hour Trading Volume: $2.33B
• Recent Updates: Hashkey Global launched Bitcoin Cash (BCH) perpetual contracts on 11.08.

3. XLM: Stellar is an open network designed to store and transfer money, enabling the creation, sending, and trading of digital representations of various forms of currency, including USD and Bitcoin.

• Daily Increase: +19.34%
• Current Price: $0.4612
• Current Market Cap: $8.66B
• 24-Hour Trading Volume: $2.12B

Layer2: Overall daily sector change: +11.59%

1. OP: Optimism is an Ethereum Layer2 solution leveraging optimistic roll-up technology, significantly reducing costs and transaction times while maintaining Ethereum's security advantages.

• Daily Increase: +25.26%
• Current Price: $2.048
• Current Market Cap: $2.57B
• 24-Hour Trading Volume: $1.43B
• Recent Updates: TIA, SUI, and OP tokens will undergo significant unlocks this week (10.28).

2. SCR: Scroll is an Ethereum-native zkEVM Layer2 solution offering native compatibility with existing Ethereum applications and tools. It processes transactions off-chain and publishes concise correctness proofs on-chain.

• Daily Increase: +20.41%
• Current Price: $0.708
• Current Market Cap: $134.52M
• 24-Hour Trading Volume: $96.22M
• Recent Updates: OKX listed Scroll on 11.01.

3. PCX: ChainX is a community-driven Bitcoin Layer2 network and a gateway to the Bitcoin ecosystem.

• Daily Increase: +20.06%
• Current Price: $0.12318
• Current Market Cap: $1.54M

DeFi: Overall daily sector change: +7.15%

1. MNGO: Mango is a DeFi protocol that supports lending, trading, and leveraged trading of crypto assets through a powerful risk engine. Built on the Solana blockchain, it uses Serum DEX for spot margin trading while perpetual futures trade on Mango's own order book.

• Daily Increase: +50.40%
• Current Price: $0.0376
• Current Market Cap: $44.27M
• 24-Hour Trading Volume: $1.08M

2. DBR: deBridge is a Web3 interoperability layer that supports decentralized transfer of arbitrary messages and values across blockchains. Cross-chain transaction verification is executed by a network of independent validators chosen by deBridge governance.

• Daily Increase: +32.01%
• Current Price: $0.03015
• Current Market Cap: $54.27M
• 24-Hour Trading Volume: $26.95M
• Recent Updates: Governance token DBR is now available for claiming (10.17).

3. KRL: Kryll is an intuitive trading bot marketplace, strategy manager, and portfolio management tool, enabling traders to become better and optimize profits even while they sleep.

• Daily Increase: +30.08%
• Current Price: $0.6659
• Current Market Cap: $24.41M
• 24-Hour Trading Volume: $56M

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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