Hot projects + Market overview

I. Mainstream exchange news

• Coinbase has added Peanut the Squirrel (PNUT) to its listing roadmap.
• HTX has listed the ORCA (Orca) token.
• OKX has launched the VIRTUAL/USDT and SUNDOG/USDT perpetual contracts.
• Binance and Circle have partnered to expand the adoption of USDC stablecoins. Meanwhile, Binance has completed the integration of USDT on the Aptos network.

II. Mainstream projects and trending events

• Cryptocurrency custody company Anchorage Digital will expand support for  BUIDL and USDY tokens on the Aptos network.
• According to Arkham, BlackRock and Fidelity have purchased over $500 million worth of ETH from December 10 to 11.
• Virtuals Protocol, a Base Chain AI Agents creation protocol, has launched the Agent Sandbox, a simulation experiment platform specifically for AI agents.
• Bluefin, the decentralized and sustainable contract agreement platform, has launched the claim for its BLUE token airdrop.
• Significant price discrepancies for the ME token are observed across different exchanges and on-chain; it's trading at $10.44 on South Korea's Upbit, $7.99 on Coinone, $6.41 on Binance, and $9.16 on-chain by December 11.
• Jupiter, a Solana decentralized exchange aggregator, is expected to conduct a new round of airdrops before January 25.

III. Funding news

• Morph, a fully permissionless Ethereum Virtual Machine (EVM) Layer 2 designed for value-driven dApps, has unveiled its Venture Capital Collective. This initiative, backed by leading firms such as Foresight Ventures, Pantera Capital, Spartan Group, and MEXC Ventures, aims to invest in and support innovative blockchain projects in collaboration with key partners.
• Blockchain startup Commonware has completed a $9 million funding round co-led by Haun Ventures and Dragonfly Capital.
• Cross-border stablecoin payment company Sphere has completed a $5 million funding round led by Coinbase Ventures.
• Stablecoin payment platform KAST has completed a $10 million seed round led by Peak XV.
• Perena has completed a Pre-Seed funding round, led by Borderless, which was participated in by Binance Labs.

IV. Regulatory news

• Alabama State Auditor Andrew Sorrell has proposed establishing a Bitcoin reserve strategy.

V. Popular projects 

Market overview

Bitcoin has rebounded above $98,500 after briefly dipping below $96,000, signaling potential for further growth toward $115,000.

This increase, along with a decline in Bitcoin's market dominance to 56.3%, suggests a favorable market for altcoins, which are seeing broad gains.

Future performance will hinge on Bitcoin maintaining above $98,500 and its market dominance potentially falling below 55%.

PAI: Foundation launch

ParallelAI, an AI-driven platform designed to enhance computational efficiency, recently showcased its UI, highlighting its ability to transform sequential code into optimized code using its PACT technology.

On December 12, ParallelAI announced the establishment of a foundation, planning to burn all tokens allocated to partners, focusing on increasing token scarcity.

The platform has a market cap of $100 million with $1.9 million in on-chain liquidity.

M3M3: A meme-empowering Platform

M3M3 employs a staking mechanism inspired by the algorithmic stablecoin project OHM's (3,3) model, replacing traditional memecoin mechanisms.

This model has successfully generated $3.88 million in staking rewards and continues to grow its locked-in value and trading volume.

The M3M3 token's market cap stands at $175 million.

GAME: Project in the Virtuals ecosystem

GAME, an AI agent within the Virtuals ecosystem, autonomously processes inputs and generates responses while learning from past interactions.

This agent utilizes long-term memory to enhance its decision-making capabilities continually. It evaluates its actions and dialogue outcomes to refine its strategies and performance over time.

Currently, GAME has a market cap of $69.17 million.

DEEP: Centralized trading in the Sui ecosystem 

DEEP operates as a decentralized central limit order book tailored for the Sui ecosystem, facilitating low-latency, high-performance trading across the DeFi landscape.

Its innovative integration of Sui’s capabilities helps spread liquidity more effectively throughout the DeFi sector.

It ranks third in developer activity among DeFi projects with a market cap of $216 million.

HASHAI: AI + mining project

HASHAI supports the crypto mining industry by ensuring a steady supply of high-quality mining rigs and providing infrastructure for rig hosting and GPU sales.

This project aims to decentralize the mining process through community-based nodes and pools, enhancing profitability and fairness for all members involved.

HASHAI’s current market cap is $181 million.

On-chain daily

1. TrustTrust is a memecoin on the Solana network with a concept centered around "believe in the process." Its overall style features a cult-like atmosphere and the project has been taken over by the community. (CTO)

• Number of Token Holders: 26,546
• Current Price: $0.0146
• Market Cap: $14.6M
• Official Twitter: https://x.com/trust_solana
• Trade Board: https://dexscreener.com/solana/9dkwxemcvqglazzbwzisdexopkiw7hkwpsm5bjw8qyml

2. Gaycoin

Gaycoin is a memecoin on the Solana network inspired by the concept of Zerebro, a well-known AI Agent. Its relationship mirrors that of Truth Terminal to Fartcoin, sharing a similar conceptual framework.

• Number of Token Holders: 7,712
• Current Price: $0.0097
• Market Cap: $9.7M
• Official Twitter: https://x.com/verygaycoin
• Trade Board: https://dexscreener.com/solana/e7biduhepus4dgkorpypdc8x9u26a7vwkr5dinccxzcv

3. Game

Game is an AI Agent framework token on Base, developed by Virtuals Protocols. It enables autonomous operations, input processing, and response generation while learning from interactions. Recently, Virtuals Protocol launched an Agent Sandbox, allowing developers to customize AI agents' personalities, objectives, and capabilities using the Game framework.

• Number of Token Holders: 14,225
• Current Price: $0.0664
• Market Cap: $66.4M
• Official Twitter: None
• Trade Board: https://dexscreener.com/base/0xd418dfe7670c21f682e041f34250c114db5d7789

4. ElizaEliza is an AI Agent token on Solana, directly linked to the ai16z concept. Represented as a cute girl, users can interact with Eliza through its website.

• Number of Token Holders: 13,381
• Current Price: $0.0673
• Market Cap: $67.3M
• Official Twitter: https://x.com/elizawakesup
• Trade Board: https://dexscreener.com/solana/u71hphrng3mnjzthyk1rmunzyss97pnogbwx3t5xeyx

5. Grift

Grift is an AI Agent token on Solana that enables users to perform complex DeFi operations through natural language interactions on its website. Features include trading, cross-chain operations, lending, and asset management.

• Number of Token Holders: 4,828
• Current Price: $0.0279
• Market Cap: $27.9M
• Official Twitter: https://x.com/orbitcryptoai
• Trade Board: https://dexscreener.com/solana/7dxuxn2dxtydhi2ywqvvqjwewob9mlfth4hzddowkvjy

6. MaxMax is an AI Agent token on Solana, designed as a BTC Maxi persona. Its recent surge is attributed to Oraichain's announcement of an AI Agent LaunchPad, with Max being a core part of the ecosystem.

• Number of Token Holders: 8,919
• Current Price: $0.121
• Market Cap: $12.1M
• Official Twitter: https://x.com/maxisbuyin_
• Trade Board: https://dexscreener.com/solana/4qgn7aixnzjbwffl5xmrdbvyzzq9tc6jddtoakvhpjvz

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update:

• The current BTC transaction fee is 10 satoshis/byte. 
• The price trend remains consistently low, with a slight recovery today.

Fractal Bitcoin Gas Fee Update:

• Transaction fees are 5 satoshis/byte. 
• Trading activity is low, and the gas fee remains subdued.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:ORDI:

• Current Price: $36.23
• 24-Hour Change: +11.0%
• Market Cap: $763.24 million

DOG:

• Current Price: $0.0094
• 24-Hour Change: +21.93%
• Market Cap: $937.33 million

FB:

• Current Price: $5.08
• 24-Hour Change: +2.8%
• Market Cap: $40.07 million

Today's Popular Projects:MoonCats: The concept is Moon Cats, and it is one of the inscriptions with the highest number of holder addresses.

• Current Market Cap: $761.41K
• 24-Hour Trading Volume: $1.62K
• 24-Hour Change: +3.27%
• Number of Holders: 31,355

𐊶: Symbol inscription, one of the leading inscriptions.

• Current Market Cap: $457.29 million
• 24-Hour Trading Volume: $228.4K
• 24-Hour Change: +30.49%
• Number of Holders: 8,973

BITCOIN•PEPE•MATRIX: The concept is PEPE, rune incorporates the Pepe meme and the 69 420 concept mentioned by Elon Musk.

• Current Market Cap: $2.02 million
• 24-Hour Trading Volume: $7.29K
• 24-Hour Change: +91.12%
• Number of Holders: 14,064

Performances of today's top three tracks

GameFi: Overall Daily Sector Change: +14.08%

1. GOAL: TopGoal is a football metaverse with officially licensed digital collectibles, and it is also an RWA project.

• Daily Increase: +64.89%
• Current Price: $0.06246
• Market Cap: $33.49 million
• 24-Hour Trading Volume: $1.76 million
• Recent Updates: Recently partnered with Chiliz, a Layer 1 infrastructure project focused on sports and entertainment.

2. MYRIA: An Ethereum Layer 2 game development studio.

• Daily Increase: +30.32%
• Current Price: $0.00248
• Market Cap: $62.68 million
• 24-Hour Trading Volume: $3.29 million
• Recent Updates: Launched Myria AI, which helps with code writing and NFT queries.

3. MAGIC: A decentralized NFT ecosystem on Arbitrum, built specifically for metaverse projects.

• Daily Increase: +25.18%
• Current Price: $0.685
• Market Cap: $189.44 million
• 24-Hour Trading Volume: $120.95 million
• Recent Updates: Mainnet launched after DAO approval for migration to ZKsync.

AI: Overall Daily Sector Change: +13.15%

1. GAME: Virtuals launched the GAME (Generative Autonomous Multimodal Entity) framework in October 2024. It aims to provide developers with tools to create intelligent, adaptive, and multimodal agents.

• Daily Increase: +45.85%
• Current Price: $0.6628
• Market Cap: $66.28 million
• 24-Hour Trading Volume: $2.11 million

2. AI16Z: A DAO managed by an AI agent named Eliza.

• Daily Increase: +44.26%
• Current Price: $0.00334
• Market Cap: $833.29 million
• 24-Hour Trading Volume: $67.69 million
• Recent Updates: Plans to expand to Ethereum, Base, and other EVM ecosystems using a cross-chain protocol.

3. SEKOIA: An on-chain venture capital agent.

• Daily Increase: +38.42%
• Current Price: $0.01706
• Market Cap: $17.06 million
• 24-Hour Trading Volume: $1.34 million

DeFi: Overall Daily Sector Change: +12.77%

1. DEEP: A decentralized limit order book on the Sui blockchain ecosystem, providing a trading platform.

• Daily Increase: +33.58%
• Current Price: $0.08695
• Market Cap: $217.38 million
• 24-Hour Trading Volume: $20.86 million
• Recent Updates: DeepBook RFP plan, funding projects that drive innovation and collaboration across the ecosystem.

2. TURBOS: A non-custodial liquidity layer on the Sui Network, offering an AMM decentralized exchange with concentrated liquidity market makers (CLMM) and derivatives trading functions.

• Daily Increase: +32.04%
• Current Price: $0.006
• Market Cap: $11.18 million
• 24-Hour Trading Volume: $1.16 million
• Recent Updates: SUIAI IDO sold out.

3. F: A derivatives exchange.

• Daily Increase: +29.71%
• Current Price: $0.0895
• Market Cap: $107.4 million
• 24-Hour Trading Volume: $68.06 million
• Recent Updates: The Airdrop claim process has begun.

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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