Cryptocurrency Industry News * Important Daily Updates * November 30, 2024

1. $XRP skyrocketed; this coin hasn't stopped since Trump took office. After more than three years of consolidation and silence, it reached a historical ATH in just four weeks, with a market cap over 130 billion, making it the third largest cryptocurrency globally.

Last night’s surge in $XRP was related to positive news, as Brad Garlinghouse confirmed that RIPPLE will become a major shareholder of SWIFT.

2. XRP is driving old coins; today, we've seen $hbar, $ltc, $eos, $iota, and others experiencing a crazy surge. The market is currently increasing valuations for old coins and high market cap coins, which are worth paying close attention to.

3. The NFT sector performed well over the weekend; part of the market's focus was on NFTs like Penguins, Bored Apes, Azuki, etc., which all saw an increase of around 20%. However, it is not recommended for retail investors to speculate on NFTs, as there are too many tradable and speculative assets in the market; you’re not lacking. NFTs are suitable for collection, not speculation or trading.

4. The meme market on SOL was not ideal this weekend, but it still couldn't dampen the enthusiasm for on-chain PVP, with many memes being created daily, but the quality ones are few and far between.

5. As new memes experience fluctuations, old memes performed well this weekend, such as $pepe, $doge, $shib, etc., all seeing an increase, and the current trend looks healthy, suggesting continued strength ahead.

6. $ETH is driving the entire ecosystem upward; last week, the inflow of funds into Ethereum's ETF exceeded that of BTC's ETF, which is enough to indicate that institutions and capital are paying attention to ETH. Therefore, ETH's rise will drive the entire sector, especially the DEFI sector, such as $crv, $zro, $cvx, etc., which all performed well over the weekend. Going forward, ETH will continue to push forward, and DEFI and other sectors will also keep soaring.

7. South Korea will delay the collection of a 20% cryptocurrency tax for the third time. This creates favorable conditions for cryptocurrency again, which is good.

8. $JTO will unlock approximately 135 million tokens on December 8, accounting for 103% of the current circulation, valued at around $507 million.

9. The derivatives sector $hype is soaring this weekend, with the market cap briefly exceeding $op; the entire DEX experience is indeed very smooth.

10. Bitcoin's market share has dropped to 56.75%, indicating that the altcoin season has begun.

11. BlackRock CEO: Bitcoin is an international asset that does not rely on any country's fiat currency.