Family, the crypto market is making big moves again. Will tomorrow be Black Friday?
Today's market highlights to focus on:
1. Incredible! TRUMP has come up with a new trick. The TRUMP team has started 'empowering', with the top 220 token holders able to participate in a dinner, and the top 25 having the chance to take a photo with Trump and visit the White House. Last night, the token soared from $9 to $16, which is clearly a selling trend.
2. Zora Airdrop: The Zora token airdrop launched without announcement and needs to be claimed manually. Some users had their airdrop amounts reduced, with only the Base founder receiving a larger share.
3. $AVAX ETF Application: The SEC has confirmed receipt of VanEck's spot Avalanche ETF application, and $AVAX has officially entered the ETF application lineup.
4. In the public chain sector, $SUI coins performed outstandingly, starting a weekly rebound mode, with ecosystem projects like Cetus and Memefi also seeing a pleasing rise. It is said that SUI may leverage the ETF to gain further momentum; if so, this wave of market activity could continue for a while longer.
5. Bitcoin on-chain gas fees suddenly surged due to @CheekyB_real launching a new project CheekyB on the Alkanes protocol, leading to a short-term frenzy of FOMO minting, resulting in on-chain congestion, and naturally, gas fees have risen.
6. The heat of AI concepts persists: The strongest on-chain performance comes from $ALCH, a no-code AI platform, clearly controlled by speculators. Others like Zerebro, $ARC, $AI16z, $AIXBT , etc., also saw significant rebounds, but their sustainability remains to be observed.
The crypto market is ever-changing and full of uncertainties. When investing, everyone must remain calm and not act impulsively based on trends.