Key Market Intelligence on December 9th, how much did you miss out on?

律动BlockBeats

24-12-09 18:58

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Featured News

1.Binance Launchpool to Receive 5% Token Allocation 6 Months After MOVE Launch

2.USUAL Pre-market Price Surges Above $0.6, 24-hour Gain Reaches 23.5%

3.Baby Doge's MEME Coin Launch Platform puppy.fun to Go Live This Week

4.10x Research: South Korea's Crypto Trading Volume Drops from Peak $25 Billion to $6.6 Billion, Bitcoin's Key Support at $95,000

5.Last Week Sees $3.85 Billion Net Inflows into Digital Asset Investment Products, Setting New Record High

Trending Topics

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

[DOG] DOG Becomes a Hot Topic on Twitter, with the cryptocurrency nearing a $1 Billion market cap without being listed on any major exchange. The community is actively discussing this meme coin, celebrating its all-time high and discussing its future growth potential. Key points of discussion include whether DOGDOG is likely to surpass a $1 Billion market cap, achieving organic growth without support from large exchanges, and its strong community backing. The promise of airdrops and the expectation that DOGDOG could lead the meme coin market on Bitcoin have further fueled enthusiasm. Reference sources: ref0 ref1 ref2 ref3 ref4 ref5 ref6 ref7

[FARTCOIN] FARTCOIN Garners Wide Attention on Twitter, with discussions centering around its rapid market cap growth and unique position as a meme coin. Many tweets express surprise and amusement at its popularity, with some users noting that, given its absurd meme appeal, the coin still has further growth potential. The coin is being compared to other meme coins and is seen as a symbol of the current speculative bubble in the crypto market. Despite skepticism from the Traditional Finance (TradFi) circle, FARTCOIN's community enthusiasm is high, with some users predicting its market cap will exceed $1 Billion. Reference sources: ref0 ref1 ref2 ref3 ref4 ref5 ref6 ref7 ref8 ref9

[CULT] The CULT, launched by Milady Maker, has garnered significant attention on Twitter due to its recent Token Generation Event (TGE) and subsequent trading activity. The token, associated with the Milady NFT community, saw a rapid increase in market value after issuance, quickly surpassing a $6 billion market capitalization shortly after listing. Discussions have focused on the token's exchange listings, institutional strategic acquisitions, and the cultural impact of Milady NFT. Some users were unable to successfully claim the token due to technical issues or complex claiming requirements, while others celebrated significant profits from early trades. The buzz around CULTMILADYCULT has further intensified due to its comparison with other meme coins and broader NFT market dynamics. Reference sources: ref0 ref1 ref2 ref3 ref4 ref5 ref6 ref7 ref8 ref9

Threads & Tweets

1. Why DeFi is Important. @iamDCinvestor

2. Why Web3 VC is a Sure Bet. @stacy_muur

Featured Articles

1. "Let Institutions Pump Your Sh*tcoin Bags: Grayscale Fund and Coin50 Index to Watch in This Bull Market Cycle"

Raymond, BlockBeats

As almost everyone was FUDding over the absence of an altseason, the market finally emerged from nearly six months of the "garbage time," and the altseason arrived as scheduled. According to data, among the 388 tradable crypto assets on Binance, 299 have seen over a 50% price increase in the past 30 days, with 98 exceeding 100%, and only 10 showing no price increase. However, in the "money picking time" universal surge pattern, how to select tokens with top-tier price gains and maximize capital utilization has become a skill. Which altcoins should you buy to outperform the market average? Instead of blindly following KOLs' calls, let Grayscale and Coinbase "work" for you.

2. "Two days later, Microsoft, holding $78.4 billion, will decide whether to invest in BTC"

Azuma, Odaily

On December 10th, 8:30 AM PST (December 11th, 0:30 AM Beijing time), Microsoft will advance a major shareholder proposal regarding Bitcoin—specifically evaluating through a shareholder vote whether adding Bitcoin to the balance sheet aligns with the long-term interests of shareholders. With BTC hovering around $100,000, this vote is widely seen by the market as another key event this week impacting the cryptocurrency market trend, in addition to the CPI and the situation in South Korea.