BTC briefly broke through 100,000 USD, DeFi sector TVL surged by 13.67%, AI Agent project gained new follow.

Market Overview

Overview of Major Market Trends

Market Sentiment and Trends: The market sentiment index has risen to 91%, entering the extreme greed zone; Bitcoin briefly broke through $100,000 before pulling back, but the overall market resilience remains strong; Ethereum is performing robustly, driving the overall cryptocurrency market upward, indicating sustained confidence in mainstream coins.

Capital Flow Analysis: The market capitalization of stablecoins is steadily increasing, with USDT rising by 1.74% to 141 billion USD and USDC increasing by 2.03% to 40.2 billion USD, indicating that new funds are continuously flowing into the market; on-chain data shows active large transfers, and there are clear signs of institutional funds entering the market; the over-the-counter premium remains within a reasonable range, reflecting a healthy supply and demand situation for market funds.

DeFi Performance: The total locked value of DeFi ( TVL ) has significantly increased from $46.8 billion to $53.2 billion, a growth of 13.67%; the performance of liquid staking projects is particularly prominent, mainly benefiting from the rise in underlying asset prices and an increase in staking yields; the activity levels of lending protocols have significantly increased, reflecting a rise in leverage demand; DEX trading volume continues to rise, indicating an increase in market activity.

Meme Coin Market: The Meme coin sector performed relatively sluggishly this week, with a weekly return rate of only 11.94%; new project launches have decreased, and investor interest has noticeably declined; funds are starting to shift towards projects with practical application scenarios and fundamentals; discussions on social media have cooled down, indicating a decrease in investors' risk appetite.

Hot Attention: Layer 1 projects receive the highest social media attention, with the weekly return rate of the PayFi track reaching 40.04%; AI Agent projects are beginning to gain a new round of market attention, especially for projects on the Solana, TON, and Base chains; high-yield staking products in the DeFi sector continue to attract attention; the NFT market trading activity has rebounded, but the overall valuation is still seeking a bottom.

Investment Advice: It is recommended that investors maintain a cautiously optimistic attitude and focus on the following aspects: First, manage risks well, set reasonable stop-loss levels, and avoid excessive leverage; second, prioritize investments in liquid staking and AI Agent sectors, seizing capital rotation opportunities; third, pay attention to the impact of important events, including Microsoft's Bitcoin investment proposal on December 11, (, US CPI data, and the European Central Bank's interest rate decision; fourth, maintain sufficient liquidity to cope with possible market fluctuations and adopt a phased accumulation strategy to avoid chasing high prices.

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) Market Sentiment Index Analysis

• The market sentiment index rose to 91%, showing a significant increase from last week's 83%, indicating that market sentiment is in a state of extreme greed.
• Altcoins have generally followed a similar upward trend as the overall market this week. Ethereum performed strongly this week, leading to a widespread rally in altcoins, which are showing a general upward trend. After the price of Ethereum increased, various public chain projects have driven the rise of their respective ecosystem projects. The market generally anticipates a rotation of funds in the near future, leading to greater confidence in the future performance of altcoins.
• The price of Bitcoin briefly surpassed $100,000 on Thursday. Although it subsequently dropped, market sentiment remains in a state of extreme greed, and a correction is expected in the future, so investors need to enhance their risk prevention.

Overview of the overall market trend ###

• The cryptocurrency market has been in a volatile upward trend this week, and the sentiment index remains in the greed phase.
• DeFi-related crypto projects have shown outstanding performance, indicating the market's ongoing focus on enhancing base returns.
• The AI Agent project is gradually gaining market attention, influenced by the traditional AI market, and investment opportunities may arise in the next half month.
• The Meme track performance remains sluggish this week, with no increased market attention.
• Various public chain projects are experiencing a general rise under the leadership of Ethereum.

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) hot track

Tron ecosystem

This week, as the price of TRX tokens surged significantly, Tron has gained high market popularity. With funds continuously entering the market, Tron, as the main trading chain for USDT, has also seen a significant increase in on-chain activity this week.

Tron On-Chain Data

• TVL: Tron’s TVL has risen rapidly this week, ranking first among all large public chains, increasing from last week’s 7.97B to the current 9.32B, a rise of 16.93%, indicating that funds are actively entering the Tron chain.

• Active Accounts: The number of active accounts on the Tron chain has significantly increased this week, reaching 3.6725 million, which is an 18.06% increase compared to last week, maintaining a high growth rate, indicating that the Tron chain is very active.

• USDT weekly trading volume: The trading volume of USDT on the Tron chain this week reached 131.4 billion USD, an increase of 16.23% compared to last week, indicating that the trading volume on the Tron chain continues to grow, reflecting an increase in on-chain activity.

• DeFi Project TVL Growth: The TVL in the Tron ecosystem is mainly composed of Justlend and SUN, which belong to lending and stablecoin exchange, token mining, and autonomous integration projects respectively. This week, the TVL growth rate has rapidly reached 55.34% and 39.49% respectively. It can be seen that funds are continuously entering DeFi project tracks in the Tron ecosystem.

The most direct criterion for determining whether a public chain is favored by the market is the fluctuation in its TVL. Based on the above data, it can be seen that the Tron chain is currently maintaining rapid development. Due to the significant increase in TRX price this week, the underlying assets of the TRX ecosystem continue to rise. Additionally, Tron’s special status as the main trading chain for USDT has attracted a large number of on-chain users to participate, driving the development of the entire Tron ecosystem.

AI Agent

At the end of last year, as the AI concept entered the Crypto market, the AI track has been a hot topic in the Crypto market as a point of convergence with the traditional world. Since the launch of the first AI Agent token GOAT in October this year, AI Agent Meme has quickly become a new focus in the market. Following GOAT, tokens like ACT have emerged, leading the market direction, and investors have shifted their attention to the launch platforms for AI Agent tokens. Projects like Virtuals Protocol and vvaifu.fun quickly gained popularity and began to develop towards the underlying infrastructure of AI Agents. This has formed three sub-tracks in the AI Agent space: AI Agent Meme coins, AI Agent issuance platforms, and AI Agent underlying infrastructure.

Due to varying levels of support for AI Agent projects across different chains, AI Agent projects are currently mainly developing on the Solana, Ton, and Base chains. At this stage, hundreds of AI Agent Meme tokens are issued daily, making it extremely difficult for investors to hit on a specific project. As a result, some investors have shifted their focus to the launch platforms for AI Agent Meme tokens. Among them, vvaifu.fun is primarily on the Solana chain, Virtuals Protocol and AI Agent Layer are mainly on the Base chain, and Clanker is mainly on the Ton chain. Over the past two weeks, the prices of VVAIFU, VIRTUAL, and CLANKER have risen rapidly, forming a certain market capitalization.

Among them, VVAIFU is mainly traded on Raydium, and listed on MEXC and Gate in CEX; VIRTUAL has high trading volume on DEX platforms such as Uniswap and Cake, and is listed on Gate, Bybit, Bitgit, MEXC and other second- and third-tier exchanges in CEX; CLANKER has high trading volume on Uniswap in DEX and is listed on Gate, Bitgit, MEXC and other second- and third-tier exchanges in CEX. From the situation of token listings, none of them have been listed on first-tier exchanges yet, but ACT, GOAT, and ANON from the AI Agent Meme have successively been listed on first-tier exchanges like Binance, OKX, and Huobi. The launch platform projects for AI Agent tokens will eventually be listed on first-tier exchanges, so we are still in the early stages of these projects, which are worth investors' participation.

This Wednesday, OpenAI announced a 12-day live showcase of a new product or sample every working day, during which there will be some major new products. This move has sparked market speculation about the AI sector. Since the release of ChatGPT last year, OpenAI has seemingly become the leader in the AI industry, and its every word and action can influence the development of AI sector projects. This influence is further amplified in the Crypto market. For AI sector projects in the Crypto market, OpenAI's move is bound to redirect market attention back to the AI sector during the conference period. If the Crypto market does not experience significant fluctuations during this time, then the next 10 days could see a good increase in the AI sector. Therefore, investors should pay more attention to AI sector-related projects in the short term, as investment opportunities may arise.

Traditional AI Projects in the Crypto Market

| Token | Project Name | Last 7 Days Increase | Circulating Market Cap | |--------|----------------|--------|----------------| | TAO | Bittensor | 22.46% | $5,319,989,872 | | FET | Fetch.ai | 25.89% | $5,288,426,405 | | RENDER | Render | 19.65% | $5,227,613,836 | | WLD | Worldcoin | 43.41% | $2,986,557,188 | | AKT | Akash Network | 6.87% | $1,121,411,518 | | ARKM | Arkham | 15.36% | $830,921,472 | | GLM | Golem | 12.47% | $523,951,936 | | AGIX | SingularityNET | 20.58% | $296,226,702 | | TRAC | OriginTrail | 8.01% | $453,330,796 |

DeFi track

TVL Growth Ranking

The top 5 projects by TVL growth in the past week, excluding smaller public projects not included in TVL, with a standard of over 30 million USD ###, data source: Defilama

| Project Name | 7-Day Increase | TVL(million) | |------------|---------|--------------| | BounceBit | 134.26% | 450.13 | | Astherus | 102.65% | 132.13 | | StakeDAO | 77.17% | 176.42 | | Flexa | 74.51% | 338.32 | | SaucerSwap | 68.16% | 136.37 |

BounceBit(BB):( Recommendation Index: ⭐️⭐️⭐️⭐️)

• Project Introduction: BounceBit is a re-staking foundational layer on the Bitcoin ecosystem. It is designed in deep collaboration with Binance to structure high-yield CeDeFi components; additionally, it builds BounceBit Chain to create specific use cases for Restaking.

• Latest Development: This week, BounceBit has increased the staking rates for various tokens, with a 30-day annualized return of 35.45% for USDT, 39.85% for BTC, 25.91% for BNB, and 30.57% for ETH, attracting a large number of users to invest their assets in BounceBit for staking.

Astherus( Unissued Token ): ( Recommendation Index: ⭐️⭐️⭐️ )

• Project Introduction: Astherus is a liquidity center for staked assets, supporting liquid staking tokens (LST) and liquid re-staking tokens (LRT). Users' assets can not only earn staking APR but can also be used for trading spot and derivatives, stablecoin yield, and other profit strategies.

• Latest developments: This week, Astherus has reached a partnership with Movement Labs, which may bring Movement Network on-chain in the future. Additionally, this week Binance Labs announced an investment in Astherus, indicating institutional optimism about Astherus's future development. Meanwhile, Astherus held an event this week where users who staked using USDF, asUSDF, and asBTC could earn 5x AU points.

Stake DAO(SDT):( Recommendation Index: ⭐️⭐️⭐️)

• Project Introduction: Stake DAO is a decentralized asset management platform that provides users with simplified access to various yield strategies, staking, trading, and metrics on a single dashboard.

• Latest Development: The yield rates of various products on Stake DAO have significantly increased this week. Among them, the annualized APY provided to users for sdToken in CRV, CAKE, PENDLE, FXN, BAL, and FXS can reach: 20.46%, 28.78%, 89.35%, 102.16%, 94.75%, and 64.92%, respectively. The annualized APY offered to users in market strategies can reach as high as 152%. This has attracted a large number of users to participate in Stake DAO.

Flexa( No token issued ): ( Recommendation Index: ⭐️⭐️)

• Project Introduction: Flexa is dedicated to promoting the natural acceptance of cryptocurrencies in merchant settlement systems and enabling users to use digital assets in the real world through its payment network.