Meme coin has almost occupied the top position in this round of bull market. Why? Because it has several unique characteristics.

According to GMGN data, Virtual Protocol ecosystem tokens rose across the board today, including: VIRTUAL's market value is now $1.79 billion, up 33.0% in 24 hours; GAME by Virtuals (GAME)'s market value is now $54 million, up 87.4% in 24 hours; VaderAI by Virtuals (VADER)'s market value is $54 million, up 116.8% in 24 hours; sekoia by Virtuals (SEKOIA)'s market value is $38 million, up 72.0% in 24 hours; Velvet Unicorn by Virtuals (VU)'s market value is now $4 million, up 34.7% in 24 hours.

According to Paidun’s monitoring, the FTX Liquidator main wallet has transferred 378,000 RAY (worth approximately US$1.99 million) to Binance.

Rachael Lucas, a cryptocurrency analyst at BTC Markets, said: "The recent rise of Tron (TRX) seems to be partly influenced by the political instability in South Korea. TRX is a widely used transfer token between exchanges, especially in South Korea, which makes it a tool for traders who want to quickly transfer funds across platforms." Lucas said that Upbit's trading restrictions may prompt traders to find alternative solutions for asset transfers, thereby increasing TRX's trading volume. Upbit sometimes has more than 80% of the country's spot trading volume. Meanwhile, Min Jung, an analyst at Presto Research, said that while political events may have played a role in Tron's rise, the rise is unlikely to be driven entirely by the event. "This may also be part of a broader 'Dino rotation', where traditional cryptocurrencies like XRP have been rising under current market conditions," Jung said. (The Block)

OKX market shows that SOL has broken through 240 USDT and is now at 240.05 USDT, with a 24-hour increase of 7.4%. (This newsletter is generated with the assistance of AI)

If you’re a crypto holder, a keen market observer, or just reading the headlines lately, you’ll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple’s XRP is creating a price surge: the altcoin is enjoying a solid 107% gain in the last week, data from Coingecko shows. Related Reading: Cardano To Hit $10? Analyst Thinks... source: https://www.newsbtc.com/news/xrp-still-below-its-all-time-high-as-crypto-explodes-107-psychologist-says/

ether.fi posted on X that The Golden Bull event has ended, 761,000 ETHFI and 50,000 EIGEN will be distributed at the end of Season 4, and 4x LUX points will be distributed in the coming weeks. More announcements are coming soon.

Some linked the rally to the chaos in South Korea triggered by the president’s sudden declaration and subsequent lifting of martial law. source: https://www.theblock.co/post/329384/tron-surges-80-in-past-day-amid-political-unrest-in-south-korea?utm_source=rss&utm_medium=rss

My preference for productive assets with development arcs remains the same, but my appreciation for the broader potential of memecoin is much broader.

The Trump administration may allow more cryptocurrency companies to go public, and the regulatory environment may change in the future, providing more financing channels and development opportunities for crypto companies, including stablecoin provider Circle Internet Financial and trading platform Kraken. (Barrons)

According to Odaily, South Korea's Finance Minister has announced the formation of a dedicated team that will operate around the clock to monitor market conditions. This initiative aims to address and mitigate the economic uncertainties that have arisen following recent market turbulence. The decision to establish a 24/7 monitoring team underscores the government's commitment to maintaining economic stability in the face of ongoing challenges. By keeping a constant watch on market developments, the team will be able to respond swiftly to any emerging issues, thereby reducing potential risks to the economy. This proactive approach is part of a broader strategy to ensure that South Korea remains resilient amid global economic fluctuations. The Finance Minister emphasized the importance of this initiative, highlighting the need for vigilance and rapid response in today's volatile economic environment. The team will utilize advanced tools and methodologies to analyze market trends and provide timely insights to policymakers. This will enable the government to make informed decisions and implement effective measures to safeguard the nation's economic interests. In conclusion, the establishment of this 24-hour monitoring team reflects South Korea's proactive stance in addressing economic uncertainties. By leveraging continuous market surveillance, the government aims to enhance its ability to navigate through potential challenges and maintain economic stability.

According to Odaily, the Bank of Korea has announced its intention to boost short-term liquidity through reverse repurchase agreements. This move is part of a broader strategy to stabilize the financial market amid ongoing economic uncertainties. The central bank emphasized its readiness to provide foreign exchange liquidity if necessary, highlighting its commitment to actively implement various measures to address fluctuations in exchange rates. This proactive approach aims to mitigate potential risks associated with currency volatility, ensuring stability in the financial system. The decision comes as part of the central bank's ongoing efforts to maintain economic stability and support the financial sector. By utilizing reverse repos, the Bank of Korea seeks to inject liquidity into the market, thereby facilitating smoother financial operations and addressing any immediate liquidity needs. This strategy reflects the central bank's adaptive measures to navigate the current economic landscape effectively.

Virgin Voyages is making history as the first cruise line to accept Bitcoin, expanding on its innovative seasonal passes for unlimited voyages. Will this bold move chart success or face rough seas?

South Korean President Yoon Seok-yeol lifted martial law six hours after tensions mounted in the country's National Assembly.

South Korean President Yoon Seok-yeol suddenly declared a state of martial law across the country and emphasized in a televised speech that the move was aimed at "protecting a free South Korea, resisting the threat of North Korean communist forces, and eliminating anti-national forces from the North (pro-North Korea)."

The world’s largest cryptocurrency exchange has $21.6 billion in user funds deposited.

Recently, we have seen a lot of progress in Ethereum wallets to improve user experience, security, and functionality.

Currently, the theme of "Trump Deal" has been replaced by the theme of "Grand Bargain" between US President-elect Trump and China.

Some cryptocurrencies are already showing signs of early altcoin season, including Hedera’s HBAR, which is up 763% over the past month.

In short, this is a newly emerging track. We can look forward to its future, but we must also be aware of the many uncertainties it faces. How far this track can go, we will probably have to wait until next year to see the signs.