5 must-read articles for the evening | Wall Street institutions are eyeing the Altcoin market

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1. Analyzing the New Narrative of Clanker's Ignition of the Base Ecosystem AI Agents

Clanker has been very popular recently, not only refocusing market attention on the Base ecosystem, but also making AI Agents the next major narrative in the eyes of analysts. Clanker's breakout has also brought Farcaster back into the spotlight, with Farcaster founder Dan Romero saying he wants to create a hundred Clanker opportunities. At the same time, Clanker has also spawned a batch of popular Meme coins, with their market capitalization continuing to rise.Read More

2. How is the AI Data Labeling Track that CZ Shilled Developing Now?

On November 27, CZ posted on X that AI data labeling tasks are very suitable to be completed through blockchain, leveraging global low-cost labor and instant cryptocurrency payments to break geographical constraints. Data labeling refers to the manual or automated annotation of raw data (such as text, images, audio, etc.) to give it specific structured information. Labeled data is used to train machine learning or artificial intelligence models, such as annotating text with sentiment categories (positive, negative, neutral). Using blockchain for AI data labeling is particularly suitable for data labeling scenarios that require high transparency, credibility, and distributed collaboration. This not only can improve the efficiency and quality of data labeling, but also creates new possibilities for global collaboration and data trading.Read More

3. Who is Paul Atkins, the Hot Candidate for SEC Chair?

Former U.S. Securities and Exchange Commission (SEC) Commissioner Paul Atkins has emerged as the leading candidate to become the new chair of the agency under the incoming Trump administration. According to financial journalist Eleanor Terrett's post on X, Atkins is known for his pro-innovation stance and crypto expertise, and is said to have the ability to "restore the so-called 'gold standard'" to the agency.Read More

4. Wall Street Institutions Have Set Their Sights on the Altcoin Market

The bull market frenzy is still spreading, and although Bitcoin has retreated from its highs, Ethereum has broken through $3,600, with multiple sectors like DeFi and Layer2 seeing a broad rally, and the Altcoin market finally starting to show signs of new life. But just a few days ago, the situation was quite different, with Bitcoin nearing $100,000 while Altcoins were languishing, the market in a state of desperation.Read More

5. What is the Main Theme of This Bull Market?

This year's Memecoins are very different from the past, having moved beyond the concept of 'on-chain meme'. They correspond to the DeFi concept of 2020, and are essentially a new asset issuance model, where all infrastructure and services must rely on asset issuance. The left-wing route of asset issuance is Memecoins, while the right-wing route is RWA and VC coins. The left-wing route represents a more holistic opportunity, while the right-wing route represents more structural opportunities, such as the revival trend of DeFi.Read More

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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