How much key market intelligence did you miss on December 16?

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Top News

1.QCP: The Bit/Gold ratio hits a new high, further strengthening its position as "Digital Gold"

2.Vana Ecosystem NFT V plummets to 0.45 ETH, down over 60% in 24 hours

3.Binance Futures to launch MOCAUSDT perpetual contract

4.Solv Protocol: Native token SOLV to list on Hyperliquid

5.Trump's crypto advisor's NFT Mixie AI floor price surges over 500% briefly, now back to 2.258 SOL

Trending Topics

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

FARTCOIN:

Gain of + 97 Basis Points. FARTCOIN has now become an important discussion topic, mainly due to its recent surge in market capitalization, surpassing GOAT to become the second largest AI meme Bit. Although the market cap has declined, FARTCOIN's cultural relevance and meme strength have kept it in the spotlight, with many predicting it could become a top 25 cryptocurrency. The popularity of the Bit is due to its absurdity and high return potential, often compared to other successful meme Bits like Dogecoin. The narratives around FARTCOIN suggest it could be a major player in the current crypto cycle, with discussions highlighting its potential to reach new heights.

MOCA:

Gain of + 41 Basis Points. MOCA is in the spotlight today as it is set to list on Upbit, the leading digital asset exchange in South Korea. This listing is expected to expand MOCA's reach to over 28 million users in South Korea who have completed KYC, a key market for the Moca Network. This news has led to a significant price increase for MOCA, reportedly up 3 to 4 times. This listing is part of Moca's broader strategy to build a cross-chain digital identity infrastructure. Additionally, MOCA's involvement in the Non-Fungible Token (NFT) space and collaborations with major players like Animoca Brands have further fueled interest.

AVAX:

Gain of + 36 Basis Points. The main discussion around AVAX today is centered on the upcoming Avalanche9000 upgrade, touted as the largest network upgrade in Avalanche's history. This upgrade is expected to reduce deployment costs by 99.9%, lower transaction fees by 25x, and has generated excitement and anticipation within the community. Furthermore, Avalanche has raised $250 million to expand its Bit ecosystem, further bolstering confidence in its future growth. The upgrade is expected to significantly enhance scalability and development tools, with over 500 Layer-1 Bits currently building on Avalanche.

Threads & Tweets

1.Hyperliquid's bull case@fmoulin7

2.What's next after Agent@Defi0xJeff

Featured Articles

1.《How to Evaluate Hyperliquid's Future Before the EVM Launch?

fmoulin7, Crypto KOL

2.《Determining the Top of the Current Bull Cycle Based on On-Chain Data Timestamps

Murphy, On-Chain Data Analyst

Top Gainers & Losers

Bit price movements on December 16, filtered and ranked by trading volume

Top Gainer

1.$MOCA

2.$MEMESAI

3.$COW

Top Loser

1.$CTXC

2.$COS

3.$BLUE

On-Chain Data

On-chain capital flows on December 16

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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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