BTC stays volatile as Japan raises rates by 25 bps

BTC stays volatile as Japan raises rates by 25 bps

Hot projects + Market overview

I. Mainstream exchange news

  • WOO X has listed the Animecoin (ANIME) token.
  • Coinbase International has launched ANIME/USDT perpetual contracts.
  • Bybit has launched ANIME/USDT and VINE/USDT perpetual contracts.
  • Binance has added Animecoin (ANIME) on Earn, Buy Crypto, Convert, Margin & Futures.
  • Upbit will add NFT trading support in January 2025, including Ethereum network NFT collections including Azuki (AZUKI), BEANZficial (BEANZ), AzukiElementals (ELEM), AzukiElementalBeans (MBEAN), MiladyMaker (MIL), and RemilioBabies (TEST). 
  • Bitget Seed has announced the second batch of projects, including GRIFT, VINE, and MOBY, while Bitget PoolX has launched Money Dogs (MDOGS).

II. Mainstream projects and trending events

  • Decentralized social protocol Farcaster has launched a tagging feature to add context to accounts and information. 
  • Vitalik Buterin, co-founder of Ethereum, has expressed his concerns over the increasing number of political tokens and their potential use as a tool for bribery.
  • In response to the community's question "Why did you give your token Alon to the CTO," pump.fun founder Alon has stated that it's best to create your tokens early so people won't farm or participate in PVP on other games.
  • Donald Trump has declared the US the future hub for AI and cryptocurrency and has scheduled a call with El Salvador’s president Nayib Bukele.
  • Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin.
  • US Senator Cynthia Lummis, a known Bitcoin advocate has been appointed the first Chair of the US Senate Digital Assets Subcommittee.
  • Animation project Animecoin jointly launched by Arbitrum and Azuki ANIME Airdrop has opened its airdrop claims.
  • Crypto market data provider SoSoValue has opened its SOSO airdrop claims.
  • BlackRock's CEO Larry Fink has predicted Bitcoin price could hit $700,000 if sovereign wealth funds assign 2-5% of their portfolios to digital currency.
  • According to Foresight News, Truth Terminal Founder Andy Ayrey has stated that the future focus is sustainable council structures and infrastructure supporting recursive self-improvement.
  • BNB Chain has completed its 30th token burn, eliminating 1,634,200.95 BNB (approximately $1.12 billion).

III. Funding news

  • Decentralized protocol Swarm Network has completed a $3 million seed funding round, led by y2z Ventures and Zerostage.

IV. Regulatory news

  • US SEC has repealed the controversial crypto accounting rule SAB 121, which required banks and publicly traded entities to change how they account for digital assets held in custody.
  • Donald Trump has signed an executive order on cryptocurrencies to establish a digital asset task force and explore the creation of a national digital asset reserve.
  • OKX has secured pre-authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation from the Malta Financial Services Authority (MFSA). 

V. Popular projects

Market overview

Bitcoin remains volatile as Japan's central bank announced a 25 basis point rate hike, focusing investor attention on its future rate hike path with only one expected in 2025.

For a potential altcoin rally, a decrease in Bitcoin's currently stable dominance of 58.77% is necessary.

The TOTAL3 index, which tracks the performance of altcoins, has declined to $1.04 trillion.

TMC: Crowdfunded AI Tool

@traviscline has initiated a crowdfunded AI tool experiment, with the token TMC now locked. TMC is an AI engineer with 1,500 followers on GitHub and 788 stars The token has on-chain liquidity of $1.3 million and a market cap of $30 million.

FARTBOY: Fartboy-themed memecoin

FARTBOY is inspired by the popular comic series "Fartboy", bringing a humorous and refreshing presence to the crypto world. Fartboy has over 100,000 community members, and the FARTBOY token has a market cap of $36 million.

MEMDEX: SPX Imitation

MEMDEX, modeled after the early SPX setup, is positioned as a cult memecoin with a solid user base.It recently announced the burning of tokens valued at $50 million, with the current market cap standing at $44.22 million.

FOMO: AI Agent Platform

 

FOMO.fund is an AI agent platform where users can create their own AI agents in just a few minutes at a cost of 0.1 SOL, 1000 INTERN, plus some additional SOL transaction fees.

Once created, the tokens are listed on fomo.fund through a bonding curve mechanism and automatically tweeted via X. Users can stake FOMO to earn 5% of the tokens from each AI issued on the platform, bonding curve transaction fees, and tokens from strategic partners.

FOMO's market cap is $36.98 million.

ALON: Pump.fun founder namesake memecoin

ALON, a memecoin named after Pump.fun founder Alon, has recently surged in popularity. However, Alon stated he is not the creator nor does he endorse the token. He only assumed control of the token's Telegram group six months ago and managed its Dexscreener fees.

The market cap of ALON is $61.90 million.

On-chain daily

1. NUIT

NUIT is an AI Agent token on Solana, designed to turn web content into training data for large language models (LLMs).

2. ALON

ALON is a memecoin on the Solana network, named after Pump Fun's founder, Alon. Initially, it was created by users and almost went to zero, but Alon himself took over, causing the token to rise again.

3. ROSS

ROSS is a memecoin on Solana, themed around the recent pardon of Silk Road founder Ross William Ulbricht by Trump. Previously sentenced to life imprisonment, his release aligns with Trump's push for the crypto industry.

4. VINE

VINE is a memecoin on Solana, launched by Rus Yusupov, co-founder of the short video platform Vine. The developer has locked all tokens.

5. DREAMS

DREAMS is a generative cross-chain agent framework that aims to automate any on-chain task. Built on the Eliaza framework and LongChain, it handles complex tasks such as cross-chain arbitrage, trading strategies, and blockchain gaming.

6. AINTI

AINTI is a memecoin on Solana launched by John McAfee's widow to simulate and commemorate the late antivirus software pioneer. Users can interact with the token through conversation and, in the future, eSIMs will be released with Ainti as a payment tool.

AI agent market overview

  • Number of listed tokens:  93 
  • Overall market cap change: The total market cap is $9.800008 billion, with a daily decrease of -22%.
  • Overall trading volume change: 24-hour trading volume is $1.92 billion, with a daily decrease of -14%.

Top 3 tokens by community engagement and market cap (Last 24 hours)

1. GOD: An AI Agent memecoin on Solana designed to simulate a "God-like" agent that autonomously posts on X.

2. SOULS: A platform for deploying AI Agents via natural language.

3. SOLARIS: An AI Agent token on Solana known for hosting X Spaces with real-time responses.

Data sourced from https://www.cookie.fun

Top 3 tokens by 24-hour holder growth

1. REI: An AI Agentcoin on Base, focusing on implementing neural networks on-chain. It excels in reconstructing comprehensive market analysis from partial data and connecting historical market events.

2. GAME: An AI Agent framework token on Base, developed by Virtuals Protocols. GAME autonomously processes inputs, generates responses, and learns from interactions. Recently, Virtuals Protocol launched the Agent Sandbox, enabling developers to customize AI agents' personalities and goals.

3. AIXBT: An AI memecoin on Base by Virtuals Protocol, designed as an AI crypto investment advisor. Trained on data from over 400 KOLs, AIXBT answers queries about tokens tagged with "aixbt" on X.

Data sourced from https://www.sentient.market/

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update:

  • The current BTC transaction fee is 4 satoshis/byte.
  • Gas Fee performance remains weak.

Fractal Bitcoin Gas Fee Update:

  • Transaction fee: 1 satoshi/byte.
  • Gas Fee performance is still weak.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI: 

  • Current price: $19.82
  • 24-hour change: -2.4%
  • Market cap: $415.91M

DOG: 

  • Current price: $0.0043
  • 24-hour change: -3.34%
  • Market cap: $445.43M

FB: 

  • Current price: $1.09
  • 24-hour change: -14.1%
  • Market cap: $11.98M

Today's Popular Projects:

FIFA: Combines inscriptions with FIFA. 

  • Market cap: $50.92M
  • 24-hour volume: $77.97K
  • 24-hour change:  +23.56%
  • Number of holders:  10,774

GLIZZY: Hotdog-themed fractal Bitcoin inscription. 

  • Market cap: $299.81K
  • 24-hour volume: $267.96
  • 24-hour change: +14.82%
  • Number of holders: 17,613

UNCOMMON•GOODS: Rune Protocol’s genesis rune and Casey’s first token. 

  • Market cap: $4.62M
  • 24-hour volume: $5.13K
  • 24-hour change: +23.92%
  • Number of holders: 262,777

Performances of today's top three tracks

Layer 2: Overall Daily Sector Change: +0.74%

1. MNT: An Ethereum Layer 2 network built with modular architecture for dApp development.

  • Daily Increase: +10.19%
  • Current Price: $1.1894
  • Market Cap: $4B
  • 24-Hour Trading Volume: $193.74M
  • Recent Updates: None

2. ARB: An Ethereum Layer 2 scaling solution developed by Offchain Labs.

  • Daily Increase: +1.79%
  • Current Price: $0.7096
  • Market Cap: $3.08B
  • 24-Hour Trading Volume: $393.32M
  • Recent Updates: Participating in the Denver SheFi Summit

3. ZRC: A zk-rollup platform compatible with EVM.

  • Daily Increase: +0.88%
  • Current Price: $0.06441
  • Market Cap: $141.38M
  • 24-Hour Trading Volume: $22.71M
  • Recent Updates: Listed on Bithumb 10 days ago

DeFi: Overall Daily Sector Change: +0.36%

1. XCN: A decentralized platform integrating P2P lending protocols.

  • Daily Increase: +96.73%
  • Current Price: $0.02349
  • Market Cap: $747.44M
  • 24-Hour Trading Volume: $78.33M
  • Recent Updates: Announced the Chain Loyalty Program offering up to 75% discounts for users invested in XCN

2. XPR: A public blockchain and smart contract platform.

  • Daily Increase: +61.62%
  • Current Price: $0.00319
  • Market Cap: $86.99M
  • 24-Hour Trading Volume: $6.41M
  • Recent Updates: Seeking community proposals before updating LOAN rewards

3. SPELL: A lending platform using interest-bearing tokens as collateral.

  • Daily Increase: +24.81%
  • Current Price: $0.00106
  • Market Cap: $163.33M
  • 24-Hour Trading Volume: $22.26M
  • Recent Updates: None

RWA: Overall Daily Sector Change: +0.07%

1. GFI: A DeFi protocol bringing crypto loans to real-world applications.

  • Daily Increase: +17.62%
  • Current Price: $1.42
  • Market Cap: $131.05M
  • 24-Hour Trading Volume: $1.1M
  • Recent Updates: None

2. SOLO: Provides tokenized securities, crypto assets, and NFTs.

  • Daily Increase: +6.38%
  • Current Price: $0.50224
  • Market Cap: $200.49M
  • 24-Hour Trading Volume: $3.02M
  • Recent Updates: Sologenic and Texture are launching SoloTex

3. ONDO: Offers products like USDY (interest-bearing stablecoin) and OUSG Fund (short-term US Treasury investments).

  • Daily Increase: +3.70%
  • Current Price: $1.3199
  • Market Cap: $4.17B
  • 24-Hour Trading Volume: $229.82M
  • Recent Updates: None

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.

Please note that this article includes references to third-party websites and data provided solely for convenience and informational purposes. We do not endorse or assume any responsibility for the content, accuracy, or reliability of any information, products, or services offered by third parties.

Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

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