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

Featured News

1.QCP: Bitcoin/gold ratio hits a record high, further strengthening its position as "digital gold"

2.Vana ecosystem NFT V plummeted to 0.45 ETH, down more than 60% in 24 hours

3.Binance Futures will launch MOCAUSDT perpetual contract

4.Solv Protocol: Native token SOLV will be on Hyperliquid 5. Trump's crypto advisor's NFT Mixie AI floor price rose by more than 500% in a short period of time, and now fell back to 2.258 SOL. Trending topics Source: Overheard on CT (tg: @overheardonct), Kaito FARTCOIN: +97 basis points. FARTCOIN has become an important topic of discussion today, mainly due to its recent surge in market value, surpassing GOAT to become the second largest AI meme coin. Despite the decline in market value, FARTCOIN's cultural relevance and meme strength have kept it in the spotlight, with many predicting that it could become a top 25 cryptocurrency. The coin’s popularity stems from its absurdity and high return potential, often being compared to other successful meme coins such as Dogecoin. The narrative surrounding FARTCOIN suggests that it could become a major player in the current crypto cycle, with discussions highlighting its potential to reach new heights.

MOCA:

Up +41bps. MOCA is in the spotlight today due to its upcoming listing on Upbit, South Korea’s leading digital asset exchange. The listing is expected to extend MOCA’s reach to over 28 million KYC-completed users in South Korea, a key market for the Moca Network. The news led to a significant increase in MOCA’s price, reportedly 3-4x. The listing is part of Moca’s broader strategy to build a cross-chain digital identity infrastructure. Additionally, MOCA’s involvement in the NFT space and partnerships with major players such as Animoca Brands have further fueled interest.

AVAX:

Up +36bps. The main discussion around AVAX today has focused on the upcoming Avalanche9000 upgrade, which is being hailed as the largest network upgrade in Avalanche's history. The upgrade is expected to reduce chain deployment costs by 99.9% and transaction fees by 25 times, sparking excitement and anticipation within the community. In addition, Avalanche has raised $250 million to expand its blockchain ecosystem, further strengthening confidence in its future growth. The upgrade is expected to significantly enhance scalability and development tooling, with more than 500 first-level chains currently being developed on Avalanche.

Threads&Tweets

1. Hyperliquid’s bull case@fmoulin7

2. What comes after Agent@Defi0xJeff

Featured Articles

1.《EVM is not online yet, how to evaluate the future of Hyperliquid? 》

fmoulin7, Crypto Kol

Hyperliquid attracts users through low fees and strong incentives, with an estimated first-year incentive of nearly $1 billion and an inflation rate of 11.65%. After the launch of EVM, it may become an important platform for new DeFi protocols to drive the growth of HYPE demand. The platform makes profits through transaction fees and token auctions, and fee allocation is automatically executed to support staking rewards, platform operations and token destruction. Increased capital inflows, especially through Kucoin, will drive HYPE prices if more market funds can be attracted. However, centralization and EVM transition risks may affect user experience, and investors need to be cautious and do research.

2.《From the timestamp of on-chain data, when will this bull market cycle peak? 》

Murphy, on-chain data analyst

There are two core concepts in the on-chain data analysis of BTC, namely "timestamp" and "price stamp". The transparency of the blockchain allows us to observe each on-chain transaction and identify two key details: 1. The time when the chip movement occurs: timestamp; 2. The price when the transaction occurs: price stamp; When we analyze the transition of phased trends, the data used, such as turnover cost, profit realization, demand inflow, and hot supply, are mainly based on "price stamp". If we want to observe and analyze the timeliness of the BTC cycle, we need to use "timestamp" more. Each BTC exists in a UTXO, and the timestamp function of UTXO means that each BTC has an age, which does not refer to the time when it was mined, but the time from the last move to the present.

Biggest Gainers & Losers

Token volatility on December 16, sorted by trading volume

Top Gainers

1.$MOCA

2.$MEMESAI

3.$COW

Top Loser

1.$CTXC

2.$COS

3.$BLUE

On-chain data

On-chain fund flow on December 16