1. The altcoin projects are collectively backward compatible. What are the new popular meme coins?
On November 15, the official Twitter accounts of several altcoin projects, including Litecoin, yearn.fi, Manta, TRON DAO, and Renzo, posted on social media and joked: "Given the current market conditions, I think we are actually a meme coin project." At the same time, the leading trading platform Binance also launched two popular meme projects, Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), and both performed well after listing. As a result, many community members began to speculate on the next wealth code. In response, Golden Finance sorted out various meme coins with grand narratives, community popularity and high market value. Click to read
2. The biggest winner of the US election, CEO, was raided by the FBI. It’s time to fully understand how Polymarket works
One of the biggest crypto winners in the 2024 US election is the prediction market Polymarket. Polymarket successfully predicted that Trump would win the US election comprehensively, with a trading volume of more than $3 billion. On November 14, 2024, eight days after the election, the FBI raided the New York residence of Polymarket CEO Coplan and demanded the handover of electronic devices. Anonymous sources said that the FBI may suspect that the platform is manipulating the election market. Whether anyone can manipulate Polymarket involves the mechanism of how Polymarket actually works. Solidity developer Pavel Naydanov published a post "Polymarket Explained" on Hackernoon to explain the working mechanism of Polymarket in detail. Click to read
3. Using Taiko as an example to interpret the concept of preconfirmation: How to make Ethereum transactions more efficient?
Starting from the limitations of the current L2 ecosystem, this article analyzes the specific practices of Taiko and other projects to show how the innovative concept of preconfirmation optimizes the transaction confirmation process and improves user experience. It also reveals the difficulties that the current preconfirmation technology still needs to overcome in the development process, including the dual challenges of technical improvement and ecological sustainability. Click to read
4. BTC goes wild. Is there another copycat season in this round?
On November 13, Bitcoin hit $92,000, and the total market value of cryptocurrencies reached $3.2 trillion, both breaking historical highs. This round of carnival is only Bitcoin and memes, and altcoins have not kept up with the increase.
Click to read5. Trump bubble: What will happen to Bitcoin next?
In the new US presidential election in 2024, Trump was re-elected. The capital market also ushered in a wave of enthusiasm, the US dollar index hit a new high, and the crypto market was unstoppable. The total market value of the global crypto market exceeded 3 trillion US dollars for the first time. After Bitcoin broke through the 90,000 US dollar mark, it seemed that 100,000 US dollars was within reach.
Wilfred
