The Daily Degen- December 22nd, 2024

Happy Sunday good frogs! Let’s dive in!

As always… stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!

Market Update

Crypto (from @CryptoBubbles):

Total Crypto Market Cap: $3.42T

Gold: $2640.50

Oil (WTI): $69.46

US 10Y Treasury: 4.53%

Biggest Price Movers

(From @coingecko top 1000, by 24 hour change)

Spotlight

Take note friends! @Cod3xOrg is at the forefront of the AI x crypto synthesis that is revolutionizing the online economy and global financial rails… and are key infra developers helping power the nascent defi revolution we are all a part of!

Cod3x is the work of @0xBebis_- well-respected long-time defi dev + team leader and a long-term good friend of ours!

We are going to be helping bang the drum about all the crazy tech they are producing, such as:

-Their fast-growing contributions to the AI Agent space, including their first flagship economic agent on Twitter @BigTonyXBT

-Their stablecoin and associated composable stablecoin infra $cdxUSD

-Their massive contributions to defi infra + tooling

-And much more!

Learn more via the links above or check out this long-form tweet for a breakdown of everything they are currently doing! And make sure to follow them on Twitter for more updates!

Biggest TVL Movers + Else

Chains are red again today. Fastest-growing chains on the weekly with at least $10M TVL are Alephium, Bitcoin, and Stacks.

Protocols are also mostly red. Fastest-growing protocols on the weekly with at least $10M TVL are VaultCraft, BitFLUX, Inception, AYIN, and Splash Protocol.

Here’s The Top 12 Chains By TVL (from @DefiLlama):

Here’s The Top 12 Protocols By TVL (from @DefiLlama):

Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):

Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

Chart Of The Day

(Courtesy of our Official Sponsor @vertex_protocol)

-$SUI is down like the rest of the market but still has one of the best-looking six-month charts in crypto… Are you bullish or bearish from here anon?!? Express your thesis via spot or leverage now with Vertex and access 50+ other markets as well at app.vertexprotocol.com!

New Projects

(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)

-Something new called @Ideasdotfun. Twitter bio states “an ideas market”. Followed by 14 of our mutuals. h/t @AresLabs_xyz:

-Something new called @raptoramm. Twitter bio states “The Fiercest Liquidity Infrastructure Built On @soon_svm”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)

Security Alerts

-No security alerts today.

Important News And Analysis

-Big story of the day is that the UAE apparently owns $40B worth of Bitcoin:

-Bitcoin volatility has actually been comparatively low as of late, h/t @DaanCrypto:

-@_kaitoai NFT Mint today generated lots of attention, h/t @Tyler_Did_It:

-They will also apparently be distributing the revenue from the mint to the top 1000 ‘Yappers’ as of Jan 1st, h/t @sandraaleow:

-Ticker watchlist from @TheDeFinvestor:

-Interesting note from @ChainYoda:

-Another airdrop to check if you qualified for, h/t @OlimpioCrypto:

-Mini-summary of Coinbase’s 2025 market outlook report from @WuBlockchain:

-New thread of everything going on in the AI Agent space, h/t @S4mmyEth:

-Interesting thread of potential Sui airdrops, from @0xPain_:

-Important sentiments from @QwQiao:

-New roundtable discussion from @0xSteadyLads podcast:

-New review of top cex’s for 2025 from @coinbureau:

-New episode of the All-In Podcast that’s getting attention in crypto world:

-New tutorial on how to qualify for a possible Polymarket airdrop, from @KryptoCove:

-Parting wisdom from @lBattleRhino:

Conclusion

Happy Sunday friends and make sure to enjoy some grass (or snow) touching today! :)

And please RT/subscribe/etc if you found this valuable!

-

-

-

-

***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor @vertex_protocol are the only parts of The Daily Degen that are sponsored/promotional. Everything else is chosen 100% organically based on what info/stories/etc seem likely to be the most newsworthy/important/valuable to readers.

Source
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.
Like
2
Add to Favorites
Comments