November 21st Market Key Insights, How Many Did You Miss?

律动BlockBeats

24-11-21 19:07

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Featured News

1. Bitcoin Breaks $97,000, Sets New All-Time High

2. MORPHO Hits $5.05 on OKX Listing, Maintains Over $1 On-Chain Delta After Pullback

3. Binance Futures to Launch SLERFUSDT and SCRTUSDT Perpetual Contracts

4. Sui Network Experiences Outage, Over 1 Hour Without Blocks

5. Direct Investment in US Bitcoin ETF Surpasses $100 Billion in Total Assets

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

Phantom: Phantom's rapid rise in the iOS App Store rankings, surpassing mainstream apps like WhatsApp, Instagram, and Google Chrome, has made it a hot topic of discussion. This surge in popularity is attributed to its user-friendly interface and the growing interest in the Solana DeFi ecosystem. The app's ascent is seen as a significant signal of retail user interest in cryptocurrency, with many users switching from wallets like Metamask to Phantom due to its ease of use. Discussions also highlight Phantom's role in the current meme coin trading frenzy, with many users praising its features and convenience.

APT: APT is drawing attention for its potential as a leading blockchain in the AI and DePIN sectors, known for its low latency and high throughput. The launch of emojicoin on the Aptos platform, allowing users to create and trade meme coins, has sparked significant attention and trading volume. Furthermore, Aptos is recognized for its transaction scalability and low costs, and partnerships like the collaboration with Bitwise to launch the Aptos Staking ETP in Switzerland have further boosted its reputation. The community is optimistic about APT's growth, discussing its potential to catch up to Ethereum in trading volume and the continued increase in institutional interest.

Coinbase: Coinbase has announced the launch of a USDC Reward Program, where holding USDC in Coinbase Wallet can earn a 4.7% annual percentage yield. This move has been well-received by the community. Additionally, Coinbase has become the top-ranked finance app in the US Apple App Store, further boosting its visibility. The listing of meme coins like FLOKI and the delisting of wBTC have sparked discussions. Furthermore, Coinbase's strategic initiatives to support new tokens and expand its product offerings have increased its market influence.

ADA: Discussions have focused on its recent price surge and future growth potential. Tweets have highlighted ADA's strong performance, surpassing other top cryptocurrencies, and speculated that its price could reach $5 or even $10. The community is excited about potential partnerships (such as with Polkadot) and integrations with platforms like KYVE Network. Additionally, Charles Hoskinson's promotion of ADA and broader market dynamics (such as Bitcoin hitting an all-time high) have also raised ADA's visibility.

WAITHOURGLASS: This token has sparked discussions on Twitter due to its rapid increase in trading volume and market capitalization, with its popularity largely driven by TikTok's culture. The token is being compared to other popular meme coins (like $CHILLGUY), with discussions focusing on its high return potential and influence in TikTok's meme culture. Several tweets mention significant profits from trading $WAIT and speculate on its future growth and the possibility of being listed on centralized exchanges. Overall sentiment is positive, with many users expressing excitement about its performance and potential.

Threads & Tweets

1. Memecoin Quantity as an Indicator of Demand @crypto_condom

2. Why Virtual is Set to Become a Unicorn in the New Year, @Defi0xJeff

Featured Articles

1.《Making Billions by Pumping a Publicly Listed Company with Bitcoin, He Is the Happiest Person in This Bull Market》

shushu, BlockBeats

This year, in his zodiac year at the age of sixty, Michael Saylor not only went all in by having his company aggressively buy Bitcoin but also leveraged up, turning his and MicroStrategy's fate around with a bold gamble. Starting from 2020, Michael Saylor, on behalf of the company, has been holding Bitcoin as a strategic reserve. This company, originally focused on business intelligence, data analytics, and cloud computing, has transformed itself into the publicly listed company with the most Bitcoin globally through its bold Bitcoin investment strategy.

2.《'Altcoin Season 312' and 'BTC All-Time High': Who Made Money Off You During the Crash?》

Jaleel, BlockBeats

“When it hit one hundred thousand dollars, while still holding onto altcoins that were down thirty points, you shared China's ChainNews' short message about Bitcoin breaking one hundred thousand dollars. Your relatives and friends gave you thumbs up, saying you must have made a fortune by getting in early. You replied with tears in your eyes, choking back tears: didn’t make much, just a little profit.” Hopefully, this is not the story of most of us.

3.《AI Agent's Coin Multiplied One Hundredfold in a Week, The Emerging 'Base Agent' Ecosystem》

Kaori, BlockBeats

Half a year ago, most of the Crypto AI projects in the market were mostly concepts related to traditional AI technologies, such as AI+DeFi and computing power leasing. But now, Crypto AI projects have taken on a different style. From the AI Bot token GOAT, which surged to a market cap of 800 million U.S. dollars without Binance’s participation, to last weekend when AI16Z launched an AI investment DAO model, AI seems to have opened up a new continent for the cryptocurrency circle's old narrative.