BTC must stay above $85K to sustain the rally

Hot projects + Market overview

I. Mainstream exchange news

• Binance has listed two new memecoins, Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), both with a 'seed' label and 0 listing fees.
• WOO X has launched the PNUT/USDT, QTUM/USDT, and COTI//USDT perpetual contracts, and the KAVA/USDT, DASH/USDT, SXP/USDT and CHR/USDT perpetual contracts.
• HashKey Global has listed the PEAQ/USDT spot trading pair in the Innovation Zone.
• Bitget has launched the Launchpool project peaq network (PEAQ) and listed the PNUT/USDT and ACT/USDT perpetual contracts.
• OKX has listed the PNUT (Peanut the Squirrel) token for spot trading.

II. Mainstream projects and trending events

• Alexandre Dreyfus, CEO of Chiliz (CHZ), a sports blockchain, has announced a new altcoin airdrop in the Chiliz ecosystem.
• Ethereum co-founder Vitalik Buterin noted that the network’s new “blob” feature—a mechanism to improve scalability and efficiency under the Proto-Danksharding upgrade—has entered price discovery mode, with daily fees around 10 ETH as the market evaluates its cost and value.
• Blockchain infrastructure Espresso has launched its core product Confirmation Layer on the mainnet.
• The Conflux Foundation will inject $500 million from the ecological fund to support the growth of PayFi technology stack components.
• Bitlayer, a Bitcoin native Layer 2 project, has announced a strategic partnership with blockchain analytics platform Nansen, opening up Bitlayer data analysis and real-time tools for users to explore Bitlayer's growing on-chain ecosystem.
• Band Protocol, a cross-chain data oracle platform, has rebranded as Band and announced the launch of Band v3.
• ACT project developer AMP announced that the compay has distributed, destroyed, or sold all ACT tokens, amid criticisms of deceptions by the company.
• DeFi platform Infinex has integrated the NEAR Chain Signatures and NEAR Intents.
• Circle has introduced a concept that allows AI agents to operate and trade independently using USDC. This initiative is demonstrated through sample applications on Circle's platform.
• Ethereum Name Service (ENS) parent company ENS Labs is building its own L2 network called Namechain to be completed by the end of next year.
• Linea will conduct the LXP distribution to Voyage NFT holders.
• Ethereum Layer 2 developer Polymer Labs has announced the launch of Polymer Hub mainnet on November 11.
• Pedro Gomes, director of the WalletConnect Foundation, has announced that WCT token claims and staking will go live on November 26.

III. Funding news

• ZK full-chain data proof platform Brevis Network has completed a $7.5 million seed round co-led by Binance Labs and Polychain Capital.
• Ethereum liquidity collateral protocol StakeStone has completed a $22 million funding round led by Polychain Capital.
• Web3 startup mbd has completed a $3 million Pre-seed round led by Mask Network and Polymorphic Capital.
• TON network expansion project TAC has completed a $6.5 million seed round led by Hack VC and Symbolic Capital.

IV. Popular projects 

Market overview

Bitcoin (BTC) has reached a new all-time high of $89,530, with the Fear & Greed Index rising to 80.

This indicates bullish sentiment, similar to the period in November 2020, when Bitcoin surged from $15,000 to $36,000, with the Fear & Greed Index staying above 90.

The current uptrend from $69,732 is likely to continue unless BTC drops below $85,000.

ACT: Surges after Binance listing

ACT, developed by Chapter II, independent AI developers Unikara's Tsuika, and Polyverse's Ruri, explores emergent behaviors in AI interactions to enhance cooperation and understanding.

This approach aims to study behaviors that are difficult to trigger under controlled lab conditions, providing valuable insights before they occur on a large scale in real-world environments.

Following its listing on Binance, ACT saw a massive surge, jumping over 20x in a single day and reaching a market cap of $400 million.

HAPPY: Popular memecoin with high internet fame

Happy Cat (HAPPY) is a viral meme cat known for its catchy dance moves set to songs like "Happy Happy." 

With widespread recognition across TikTok and other short-video platforms, it has become a well-known internet figure with strong community engagement.

Currently, the HAPPY token has $1 million in on-chain liquidity and a market cap of $98.58 million.

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.

Currently, MEMESAI has $2.4 million in on-chain liquidity and a market cap of $44.6 million.

SBR: Political memecoin Inspired by US Senator Lummis

Strategic Bitcoin Reserve (SBR) draws inspiration from US Senator Lummis, who announced on November 7 via X that the US would establish a strategic BTC reserve.

This sparked support from figures like MicroStrategy founder Michael Saylor, leading to the creation of a BTC strategic reserve meme. 

The token currently has $1.3 million in on-chain liquidity and a market cap of $33.36 million.

On-chain daily

1. LUCE: LUCE is a memecoin on the Solana blockchain, featuring the mascot for the upcoming Holy Year of the Catholic Church in 2025, reportedly aiming for a Binance listing.

• On-Chain Token Holding Addresses: 25,051
• Current Price: $0.0005725
• Market Cap: $124.4M
• Official Twitter: https://x.com/BelieveInLuce

2. Ban: Ban is a memecoin on Solana, featuring a banana duct-taped to a wall artwork auctioned by Sotheby’s for $120,000 in 2019, embodying Real-World Asset (RWA) significance and reportedly aiming for a Binance listing. As of November 11, 2024,  It was announced as a full community takeover.

• On-Chain Token Holding Addresses: 11,730
• Current Price: $0.09222
• Market Cap: $89.6M
• Official Twitter: https://x.com/rwa_ban?s=21

3. Shoggoth: Shoggoth is a memecoin on Solana, featuring the mysterious side of artificial intelligence.

• On-Chain Token Holding Addresses: 5,705
• Current Price: $0.00009612
• Market Cap: $20.9M
• Official Twitter: https://x.com/Shoggoth_SOL

4. ACT: ACT is a memecoin on Solana, featuring the artificial intelligence community.

• On-Chain Token Holding Addresses: 21,764
• Current Price: $0.4360
• Market Cap: $412.1M
• Official Twitter: https://x.com/ACTICOMMUNITY

5. Yowie: Yowie is a memecoin on Solana, based on a glacial creature with a design resembling the big-eyed FWOG meme.

• On-Chain Token Holding Addresses: 2,933
• Current Price: $0.003125
• Market Cap: $2.9M
• Official Twitter: https://x.com/solyowie

6. Peanut: Peanut is a memecoin on Solana, featuring a squirrel that became a social media sensation before being taken by the environmental agency and euthanized, symbolizing resistance to government overreach.

• On-Chain Token Holding Addresses: 7,386
• Current Price: $0.005271
• Market Cap: $5.2M
• Official Twitter: https://x.com/OGpeanut_sol

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

• Current BTC Transaction Fee: 17 satoshis/byte
• Fees have experienced a slight increase, though overall levels remain low compared to historical periods.

Fractal Bitcoin Gas Fee Update:

• Current Transaction Fee: 4 satoshis/byte
• Recent fee trends have remained consistently low.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

Current Price: $49.29

24-Hour Change: +12.50%

Market Cap: $1,030,000,000

DOG:

Current Price: $0.0045

24-Hour Change: +8.38%

Market Cap: $405,000,000

FB:

Current Price: $4.96

24-Hour Change: -9.18%

Market Cap: $28,510,000

Today's Popular Projects:

FBmainchain: An inscription on the Fractal Bitcoin network, conceptually representing the main chain of fractal Bitcoin. 

• Current Market Cap: $39,930,000
•  24-Hour Trading Volume: $9,700
• 24-Hour Decrease: -9.41%
• Number of Holders: 12,428.

𝛑: An inscription token, one of the leading inscriptions, with a market value that has shown an overall upward trend over the past month. It has a large community and an increasing number of holders. 

• Current Market Cap: $305,090,000, 
• 24-Hour Trading Volume: $2,940,000
• 24-Hour Increase: +45.07%
• Number of Holders: 30,937.

WANKO•MANKO•RUNES: A Rune token, a slang term for a puppy in Japanese. 

• Current Market Cap: $6,430,000
• 24-Hour Trading Volume: $32,600
• 24-Hour Increase: +283.56%

Performances of today's top three tracks

Meme: Overall Daily Sector Change: +7%

1. DOGE: Dogecoin, featuring a Shiba Inu as its mascot, is a top memecoin that has been frequently mentioned by Elon Musk.

• Daily Increase: 19.28%
• Current Price: $0.35026
• Current Market Cap: $51.39B
• 24-Hour Trading Volume: $24.41B

2. BRETT: A memecoin derived from PEPE on the Ethereum network, one of the characters from Matt Furie's comic "Boys' club."

• Daily Increase: 18.05%
• Current Price: $0.12659
• Current Market Cap: $1.25B
• 24-Hour Trading Volume: $186.28M

3. PolyDoge: A community-driven decentralized finance (DeFi) utility and gaming token with a strong meme and brand effect.

• Daily Increase: 13.27%
• Current Price: $0.000000001699
• Current Market Cap: $14.51M
• 24-Hour Trading Volume: $5.17M

AI: Overall Daily Sector Change: +7%

1. WLD: Comprises a proof-of-persona-based privacy-protected digital identity network (World ID) and a cryptocurrency (WLD) for legal circumstances, aiming to become the world's largest and most inclusive cryptocurrency network.

• Daily Increase: 18.69%
• Current Price: $2.699
• Current Market Cap: $1.71B
• 24-Hour Trading Volume: $1.83B

Recent News: Worldcoin has been renamed to World Network, and World Chain has gone live on mainnet - 11.18

2. CUDOS: A special-purpose blockchain designed to provide high-performance, trustless, permissionless cloud computing for everyone.

• Daily Increase: 15.65%
• Current Price: $0.01182
• Current Market Cap: $87.18M
• 24-Hour Trading Volume: $36.67K

3. AGI: An AI-driven, player-controlled massively multiplayer online game that supports players in creating various customized physical assets, narrative assets, and local AI metaverse worlds.

• Daily Increase: 14.89%
• Current Price: $0.22457
• Current Market Cap: $279.5M
• 24-Hour Trading Volume: $60.71M

DePIN: Overall Daily Sector Change: +5%

1. AIOZ: AIOZ Network is a comprehensive infrastructure solution for web3 storage, decentralized AI computing, live streaming, and video on demand (VOD).

• Daily Increase: 26.28%
• Current Price: $0.6621
• Current Market Cap: $750.91M
• 24-Hour Trading Volume: $44.03M

2. IO: A decentralized computing network that supports the development, execution, and scaling of ML applications on the Solana blockchain. Engineers can access a vast amount of computing power in an accessible, customizable, cost-effective, and easy-to-implement system.

• Daily Increase: 23.72%
• Current Price: $2.65
• Current Market Cap: $319.36M
• 24-Hour Trading Volume: $741.93M

3. RENDER: A decentralized GPU-based rendering solution provider, aiming to connect users who wish to perform rendering jobs with those who have idle GPUs to process the rendering.

• Daily Increase: 21.10%
• Current Price: $7.202
• Current Market Cap: $2.83B
• 24-Hour Trading Volume: $639.32M

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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