How much key market intelligence did you miss on December 11?

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Top News

1.ai16z market cap surpasses $800 million, setting a new record high, with a 24-hour increase of 52.4%

2.Jupiter founder: The next round of JUP airdrop is expected to be conducted before January 25 next year

3.Spark injects $100 million in stablecoin liquidity into the Base network

4.Binance and Circle establish a strategic partnership to expand USDC adoption

5.Rune DOG's market cap surpasses ORDI, approaching $900 million

Trending Topics

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

ME: Today, the main discussions around ME centered on the major airdrop by Magic Eden, which distributed $ME tokens to the community, sparking a mix of gratitude and criticism. Many users appreciated the unexpected financial gains, while others criticized the complex claiming process and privacy concerns. The token's listings on major exchanges like Binance and Coinbase, coupled with its high valuation, further fueled the discussions. Overall, the sentiment is generally positive, with many acknowledging Magic Eden's impact on the Non-Fungible Token (NFT) space and its ambitious on-chain trading plans.

XRP: Today, XRP (Ripple) has garnered widespread attention as Ripple's stablecoin RLUSD has received final approval from the New York Department of Financial Services (NYDFS), expected to be listed on major exchanges soon. This development has sparked optimism about XRP's (Ripple) potential to outperform the market, with discussions highlighting its strong price performance and bullish potential. Additionally, there are speculations about Ripple potentially conducting an IPO, as well as the impact of a pro-crypto government in the US on XRP's (Ripple) future. Although there are some negative sentiments regarding XRP's (Ripple) liquidity and market volatility, the overall sentiment remains positive, with many anticipating further growth.

AI16Z: AI16Z has been in the spotlight for surpassing GOAT in market cap, marking the rapid development in the AI agent domain. As a key component of AI16Z, the Eliza framework is expanding cross-chain and gaining new partnerships, such as AimonicaBrands. Discussions around the AI agent venture capital fund are heating up, and the AI16Z ecosystem is showing strong momentum. Key developments include the launch of AI Arthur Hayes, which competes with AI16Z, and StoryProtocol's launch of programmable IP. The AI agent market is expected to grow further, with AI16Z positioned as a leading player.

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Top Gainers & Losers

Token price movements on December 11, filtered and ranked by trading volume

Top Gainer

1.$KOMA (BSC)

2.$FARTCOIN (Solana)

3.$AI16Z (Solana)

Top Loser

1.$ME (Solana)

2.$MOVE

3.$BABYDOGE (BSC)

On-Chain Data

On-chain capital flow on December 11

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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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