Key Market Intelligence on December 10th, how much did you miss out on?

律动BlockBeats

2024-12-10 19:20

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1. On-chain Fund Flow: $27.7m Flows into Solana, $61.6m Flows out of Ethereum 2. Largest Price Swings: $KOMA, $VERUM 3. Top News: Musk Today Retweeted PEPE-related Tweets Frequently, Promoting Grok's Fast Meme Image Creation Feature

Top News

1.Hong Kong-listed Company Boya Interactive Strategically Invests in BounceBit

2.DWF Labs Announces $20 Million Fund to Support Autonomous AI Agent Development

3.Musk Today Frequently Retweets PEPE-Related Tweets, Promoting Grok's Quick Meme Image Creation Feature

4.Binance to Launch RAY, KOMA, VIRTUAL, and SPX U-Pegged Perpetual Contracts

5.Bluefin to Launch Its Token BLUE on December 11

Threads & Tweets

1. Discussion on ICOs. @marvin_tong

2. Movement Paper. @ed_roman

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1.《Magic Eden Opening Soon, Market Already Anticipating 40U?》

Cookie, BlockBeats

At 10 p.m. Beijing time tonight, Magic Eden's Token $ME is about to open for airdrop collection. Currently, influenced by the news of Binance's listing, the pre-trading price of $ME on OKX has exceeded $6, corresponding to a market capitalization of over $750 million. The pre-trading price can basically reflect the opening price of $ME on centralized exchanges tonight. However, for a period after the opening, the price of $ME will develop in various ways. Players have written three completely different scripts from three perspectives.

2.《AI&DeSci: Unveiling the Infrastructure Potential Behind the Bull and Bear Narrative》

Evan Lu, Waterdrip Capital, X: @Fisher256X

Just a week after Trump won the U.S. election, despite BTC rising more than 20%, the Meme coin launch once again ushered in madness. However, during the past six-month trough, the market seems to have been following a narrative of "lack of real-world application support in the crypto industry." At that time, while the DePin industry was still under construction, with one of its subfields being cloud computing, there was still a considerable distance to go before true large-scale adoption. But in the midst of the Meme speculative frenzy, CZ and Vitalik personally stepped in to promote, unexpectedly reigniting the heat around the DeSci concept. It is undeniable that at the early stage of every new concept, speculation and hype are inevitable; DeSci naturally cannot escape this. However, after so many years of development in the blockchain industry starting from Bitcoin, it is also time to consider how to build applications that benefit humanity in the phase of practical implementation.