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

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Top News

1.Binance Alpha Adds LLM, SEKOIA, and PYTHIA

2.South Korean regulator issues business suspension order to Upbit, existing user trading can still proceed normally

3.Avalon Labs partners with a16z and others to support the AI Agent Hackathon

4.Several pension funds in the UK and Australia have recently made small allocations to Bit

5.Crypto custodian Komainu completes $75 million funding round, with Blockstream Capital as the sole investor

Trending Topics

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

JUP: Today, the main discussion around JUP centered on the Jupuary 2025 airdrop verification tool launched by Jupiter Exchange, which has generated great excitement and participation in the community. The airdrop structure aims to reward active users, holders, and growth initiatives, with a total of 700 million JUP Tokens to be distributed. Community members have been actively checking their allocations, sharing results, and expressing gratitude or concerns about the distribution process. This activity has also sparked discussions around the transparency and fairness of the distribution system, as well as the future potential of JUP as a leading Token in the crypto space.

XRP: XRP has become a focal point of discussion due to its price breaking through $3 for the first time since 2018, driven by speculation around a potential ETF listing and active accumulation by whales. The U.S. Securities and Exchange Commission's (SEC) appeal, aimed at classifying XRP as a security, has also intensified the discussion. Additionally, XRP's market cap has surpassed that of companies like Disney and BlackRock, and there are speculations that it could potentially overtake Ethereum's market cap. The community remains optimistic about XRP's future, with some predicting it could reach $14.

KAITO: Today's Twitter discussions around KAITO highlighted its growing influence in the SocialFi space, with many users excited about the potential of earning "Yaps" as social capital. Users shared strategies to maximize Yaps, emphasizing the importance of engaging with savvy followers and creating high-quality content. The platform's approach of rewarding meaningful social interactions to redefine value creation in Web3 has been praised, and KAITO is generally seen as a potential game-changer in the crypto social layer.

VIRTUAL: Today, VIRTUAL received widespread attention for announcing a $40 million buyback and burn program, aimed at supporting ecosystem agents, which led to a surge in its Token price. The Virtuals protocol also introduced a new value accrual mechanism, distributing post-bond tax revenue to creators, affiliates, and sub-DAOs. This move is seen as a strategic effort to support ecosystem builders and enhance the long-term value of the VIRTUAL Token. The market has reacted positively to this initiative, with significant price increases for many agent Tokens, and Virtuals protocol is recognized for its innovative approach in supporting AI agents and fostering a robust ecosystem.

Threads & Tweets

1. Solana AI Hackathon results, @sendaifun

2. Delphi's Top 10 Predictions for 2025, @Delphi_Digital

Featured Articles

1. '21 New AI Projects, a Full Analysis of the Four Tracks of the Solana AI Hackathon'

Zhouzhou, BlockBeats

2. 'DeFAI Track Valuation Quadrupled in a Week, Which Tokens are Worth Laying in Wait?'

Translated by Ashley, BlockBeats

Top Gainers & Losers

Token price movements on January 16, filtered and ranked by trading volume

Top Gainer

1.$VIRTUAL

2.$AIXBT

3.$SBD

Top Loser

1.$GAME

2.$CBK

3.$GRASS

On-Chain Data

On-chain capital flow on January 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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