1. Popular currencies
USTC (Token): The LUNA community launched a proposal to try to re-enable the market module and gradually re-peg USTC to 1 US dollar, and suggested setting a hard cap on the maximum supply of LUNC and USTC. The mint cash project of the USTC ecology has caused enthusiasm in the community. proposed that its product Mint Cash is a stable currency system fully backed by #Bitcoin collateral. Mint Cash requires Bitcoin collateral to mint new CashStablecoin, while the locked and destroyed USTC can participate in new projects, the demand for USTC increases. Subsequently, Terraform Labs issued a statement on its social platform stating that it would not participate in the Mint Cash project in any capacity. USTC rose first and then fell, now back to around 0.041.
GROK (Token): GROK is a MEME token of the same name based on the artificial intelligence model GROK launched by Elon Musks company However, the project team responded promptly and destroyed nearly 3 million US dollars worth of tokens. The current market value has once again exceeded 100 million US dollars. The price has rebounded significantly in the past three days, breaking the previous high again. The rise in projects is related to the recent popularity of the AI track.
BLAST (Token): Layer 2 Blast has become popular recently.EthereumA Blast-themed meme coin appears on the chain; the token LP Token has been locked, and the contract permissions have been given up. The 24-hour transaction volume is $6.31 M (of which MEV transaction volume is $2.1 M, accounting for 30%), 7231 transactions, and the trading enthusiasm is high. However, the liquidity on the chain is small and it is easy to rise and fall sharply.
Q* (Token): Reuters reported that before being dismissed from openai researchers, he warned the board of directors that artificial intelligence would break through. Q* (QSTAR) is a more advanced artificial intelligence than openai; the QSTAR-themed AI meme token has seen a large rise and fall. , plummeted after a sharp rise, the current market value is nearly 5 million US dollars, the 24-hour trading volume is 3.73 million, the liquidity is 300,000, and the contract authority has been given up.
USDC (Token): Stablecoin issuer Circle announced an agreement with Japanese financial group SBI Holdings to promote the circulation of USDC, a stablecoin linked to the U.S. dollar, in Japan. Additionally, as part of SBI Group’s digital asset portfolio strategy, SBI Group will also adopt Circle’s Web3 service solutions such as programmable wallets, blockchain infrastructure andsmart contractmanagement tools.
2. Popular NFTs
DeGods (NFT): Frank, the founder of the NFT project DeGods and y00ts series NFT, tweeted that the points program (Points Parlor) will be shut down and will stop issuing points to NFT holders of DeGods and y00ts. The points program did not meet community expectations, leading to dissatisfaction. We are willing to reconsider if a viable alternative becomes available, but at this time it has been decided that the points program will be closed.
SmartCat (NFT): NFT related to SmartLayer currently has 800,000+ holders. You can perform feed, clean and other operations on Smart Cat to upgrade the NFT. Because users anticipate SmartLayer’s future airdrops, the transaction volume of this NFT is very high.
3. Popular DAPPs
Blast (Dapp): Blast TVL has exceeded $573M. Yesterday, Japanese crypto investment company CGV announced a special investment of $5 million in the Blast ecosystem, aiming to collaboratively promote the development of the Blast network. But at the same time, Dan Robinson, director of research at Paradigm, tweeted that Blast’s release “has crossed the line in both messaging and execution” and disagreed with Blast’s decision to launch a bridge before the L2 network and ban withdrawals within three months. So this sets a bad example for other projects.
Jito (Dapp): Solana ecological liquidity staking protocol Jito announced the launch of the governance token JTO, aiming to enable “community members to directly influence the decisions and direction of Jito Network.” Initially, 115 million JTO will be put into circulation. Approximately 34% of the tokens will be used for community growth, 25% for ecosystem development, 24.5% allocated to core contributors, 16% allocated to investors, and 10% will be airdropped to Jito community members.
Arbitrum (Dapp): Arbitrum announced that its Odyssey event has officially ended. The final NFT application will begin on December 1st, Eastern Time. If you want to be eligible to receive it, users must take a snapshot at 12:00 noon on November 30th, Eastern Time. When owning a 12/15 Odyssey NFT, minted or purchased NFTs count towards 12/15 eligibility.
Vertex (Dapp): The trading volume of Vertex hit another ATH the day before yesterday. It surpassed dYdX in trading volume and became the derivatives DEX with the largest trading volume on the day; a few days ago, $ARB inspired the second week claim to go online, and traders on Vertex It was a great harvest, sharing $3 million in $ARB rewards and $VRTX.
TinyTap (Dapp): TinyTap is a large library of teacher-created games, and the project became part of Animoca Brands, which aims to build an open education system based on the blockchain. Yesterday, Animoca Brands stated that it intends to purchase additional EDU tokens from the open market, and Binance Labs invested US$3.15 million in the Web3 education protocol Open Campus, bringing a certain amount of traffic to the web3 education sector.
4.Twitter hot discussion
KAS (Token): KAS has maintained rapid growth recently, and it has also led to a significant recovery and hype in the entire POW sector. KAS itself has relatively high-quality projects, so it is recommended to stay tuned.
5. Regional hot searches
USTC (Token): The LUNA community launched a proposal to try to re-enable the market module and gradually re-peg USTC to 1 US dollar, and suggested setting a hard cap on the maximum supply of LUNC and USTC. The mint cash project of the USTC ecology has caused enthusiasm in the community. proposal, its product Mint Cash is a stable currency system fully backed by #Bitcoin collateral, Mint Cash requires Bitcoin collateral to mint new Cash stablecoins, and locks and burns USTC to be able to participate in new projects, USTC demand increases . Subsequently, Terraform Labs issued a statement on its social platform stating that it would not participate in the Mint Cash project in any capacity. USTC rose first and then fell, now back to around 0.041.
[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice and users should consider whether any opinions, views or conclusions contained in this article are appropriate for their particular circumstances. Invest accordingly and do so at your own risk.