24 H popular currencies
1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +4.1%
ETH: +2.0%
XRP: +2.7%
SOL: +4.2%
DOGE: +4.1%
PEPE: +5.0%
HBAR: +11%
LINK: +3.9%
SUI: -0.9%
PENGU: +31.2%
24-hour price increase list (data source: OKX):
UNLINK: + 21.84%
AGLD: +21.8%
FXS: +21.32%
DORA: +13.8%
MOVE: +11.5%
TURBO: +10.62%
X: + 8.4%
LOOKS:+ 7.87%
MORPHO: +7.81%
OL: +6.7%
2. Top 5 popular memes on the chain (data source: GMGN):
PENGU
Fartcoin
UFD
BUY
SPORE
3. Todays most searched currencies
UXLINK: UXLINK is a token of a Web3 social platform. Its purpose is to build a social-driven encrypted communication platform for users and developers. Since its launch on the Korean Upbit exchange on December 17, the project has repeatedly set new historical highs. The current token price is 2.53 USDT, with a market value of 429 million US dollars.
Headlines
The U.S. crypto industry expects President-elect Trump to issue an executive order supporting cryptography as a roadmap on his first day in office.
Montenegrin court rejects Do Kwons constitutional appeal, faces extradition to the US
The constitutional complaint filed by Terraform Labs founder Do Kwon in Montenegro has been rejected. Do Kwon claimed that the extradition process was unfair and that there were errors in the interpretation of the law, but the Constitutional Court did not accept all of these claims. The decision means that Do Kwon will be tried in South Korea or the United States, which will be decided by the Minister of Justice of Montenegro.
With the Constitutional Courts rejection, Do Kwons extradition process has started again. Based on the Supreme Courts ruling, it seems that the Minister of Justice will soon make a final decision on which country to extradite Do Kwon to. Given the Ministry of Justices previous attitude and other factors, analysts believe that Do Kwon is likely to be extradited to the United States.
Industry News
The Philippines Securities and Exchange Commission (SEC) has introduced extensive rules for crypto assets, covering disclosure, public offerings, trading and marketing activities. The regulations are intended to strengthen investor protection and promote transparency in the booming digital asset market.
Under the new guidelines, crypto asset issuance must submit a disclosure document to the SEC at least 30 days before any marketing activities or public sales. The document must detail the provider, issuer, main features, risks and underlying technology of the crypto asset, as well as clearly state potential risks, including loss of value and limited transferability.
Crypto assets classified as securities require a registration statement approved by the SEC before they can be publicly offered. Entities that issue or trade crypto assets must comply with anti-money laundering (AML) laws and the SEC’s reporting requirements. It emphasizes that non-compliance may result in fines, suspension or revocation of licenses.
Binance Alpha announces the sixth batch of project tokens
The official page shows that Binance Alpha announced the 6th batch of project tokens, a total of 5 project tokens, namely: YNE, GOUT, GEL, UFD, and GAME.
According to Coingecko statistics, the top three most popular crypto narratives among investors in 2024 are Memecoin, AI, and RWA. Meme coin ranks first in popularity, accounting for 14.36% of investors crypto narrative interest, an increase of 6.04 percentage points from the 8.32% interest share of Meme coin narratives last year.
Meanwhile, the overall AI narrative ranked second in popularity, with an investor interest share of 12.58%. Although it increased by 1.26 percentage points from last years 11.32% interest share, it is still inferior to Meme Coin. In addition to the overall AI narrative and AI Meme Coin trends, the AI agent narrative also entered the top 20 with a 1.17% investor interest share.
Other popular crypto narratives that received more attention in 2024 compared to the previous year were the Real World Assets (RWA) and DePIN narratives. The RWA narrative increased its share of investor interest by 2.16 percentage points, from 6.48% in 2023 to 8.64% in 2024, causing it to rise in popularity ranking from 6th to 3rd.
CITIC Securities: Trump returns to power, US cryptocurrency regulation begins a new chapter
According to a research report by CITIC Securities, if Trump plans to relax regulation on the cryptocurrency industry after taking office as US president in 2025, the first priority will be to clarify the regulatory responsibilities of the industry.
In this context, the 21st Century Financial Innovation and Technology Act, which is currently on hold in the US Senate, is expected to usher in a new opportunity for promotion. With the expected relaxation of the US regulatory environment, the US stock cryptocurrency industry chain is expected to be positively boosted. It is recommended to pay attention to three directions:
1) The increase in trading activity in the US cryptocurrency industry may be beneficial to US stock cryptocurrency exchanges;
2) Favorable policies for the US cryptocurrency industry are expected to boost demand for mining machines;
3) The development of the U.S. cryptocurrency industry may be beneficial to the U.S. utility sector.
Project News
Sonic Labs published a post on X stating that it is improving Sonic through upgraded token economics, which is determined by 4 governance proposals on Fantom, including an airdrop of approximately 200 million S.
At launch, the circulating supply of S is approximately 2.88 billion, with an initial total supply of 3.175 billion, allowing for migration at a 1:1 ratio;
Six months after launch, the network will utilize a unique 9-month linear burn mechanism to mint 6% of the initial total supply to be used for extended airdrop activities to reward users/developers;
Additionally, six months after launch, the network will begin minting 1.5% of the initial total supply each year for 6 years to fund growth, destroying unused S each year to ensure efficient use;
Starting four years after launch, the network will mint 1.75% per year to reward validators in perpetuity.
All unused Eco-Growth Tokens will be accounted for and destroyed annually.
S is capped at a maximum expansion of 15% (excluding block rate rewards) through 2031, and multiple destruction mechanisms are expected to significantly reduce expansion during this period.
Azuki founder: Animecoin will have vision, products and real use cases, unlike other meme coins
Azuki founder Zagabond posted on X platform: “Most Meme coins have a ceiling because they lack real substance. There is no vision, no product, and no real use case. This is why @animecoin will dominate.”
Characters Voices
Binance.US CEO: Digital assets will become the backbone of mainstream finance in 2025
Binance.US interim CEO Norman Reed shared his thoughts on the platform’s challenges and growth prospects as 2025 approaches, highlighting the evolving role of digital assets in the broader financial sector.
Looking ahead, Reed expressed optimism about the platform’s future, noting that regulation is likely to improve under new SEC leadership. He stressed: “In the meantime, we welcome the establishment of a clear, practical regulatory framework for digital assets in the United States. I hope that the nomination of Paul Atkins as the next SEC Chairman will bring us closer to that reality.”
Robinhood CEO: No plans to hold Bitcoin for investment purposes
Robinhood CEO Vladimir Tenev said in an interview published on Monday that given Robinhood’s growing interest in cryptocurrencies, the idea of holding Bitcoin “comes up from time to time.” But he added that the company has no plans to hold BTC for investment purposes, other than holding some Bitcoin as part of its business to meet customer trading needs.
