2024.12.04. Daily Report——

1) Market Trends

BTC is fluctuating at a high level. A military coup in South Korea is affecting Upbit prices. The market is focusing on old coins rather than new ones, with 2017 vintage coins leading the charge.

U.S. stocks are fluctuating, with a 73% probability of interest rate cuts in December.

2) Market Highlights:

1. Stablecoin RSR has surged. The new SEC chairman expected to be appointed by Trump previously served as an advisor for RSR, and a board member of HBAR, which previously surged, is also a candidate for the SEC.

2. Public chain TRX doubled in a day, with ecosystems SUN, JUST, BTTC, etc., following suit. Speculative stocks are being pumped, and TRX's market cap has entered the top 10. Sun previously tweeted about wanting to learn from XRP's pump; he was the head of XRP for the China region early on.

3. Vintage coins from 2017 such as XVG, NEO, FUN, VET, etc., are leading the market. As this bull market has developed, the top 10 coins are still mostly old coins from the past. The market's major players, whether they were previously trading memes or are now trading old coins, have avoided the new VC coins that have the highest selling pressure, choosing instead to pump in the direction with the least resistance.

4. On-chain MOG, Virtual, Chillguy, etc., are rising. MOG's meme is up on Coinbase.