Today's Crypto and Bitcoin News

Bitcoin reached a fresh all-time high of $103,656 on December 4th, 2024. The price is up 8.025% in the last 24 hours with a gain of $7,700. The market capitalization for Bitcoin now stands at $1.93 trillion, accounting for 49.5% of the total cryptocurrency market. The trading volume in the last 24 hours topped $48.3 billion on the back of a frenzy of institutional and retail interest. This puts the cryptocurrency up 19.4% over the last month and 67% since the beginning of 2024.   Institutional Inflows of $9.2 Billion Drive Bitcoin's Surge Source: KuCoin   This month institutional investors have piled in $9.2 billion into Bitcoin. Strong interest has also developed for spot Bitcoin ETFs: ProShares Bitcoin Strategy ETF brought in inflows of $2.1 billion since November. Some analysts are estimating that Bitcoin could surge as high as $125,000 to $130,000 by the end of 2024 as demand for regulated Bitcoin investment vehicles continues to soar.   In November, Grayscale added 12,400 BTC and brought the total count in Bitcoin Trust to 711,000 BTC-worth $73.5 billion. Fidelity Digital Assets reported a 22% surge in institutional client activity over the past month. These investments are a sign that big financial players are increasingly confident of Bitcoin as an emerging long-term asset class.   Currently, the business intelligence firm holds more than 158,245 BTC, equivalent to $16.4 billion, after adding 3,200 BTC in this quarter. Overall, publicly traded companies collectively hold more than 294,000 BTC, or $30.4 billion - a sign of corporate adoption toward Bitcoin.   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Policy Changes Fuel Market Optimism The already rallying Bitcoin has been given increased momentum by the pro-crypto stance of President-elect Donald Trump himself. Trump's nomination to the position of SEC Chair indicates a possible shift toward good regulations for the cryptocurrency because Atkins is known for his balanced, transparent policies. Atkins served at the SEC from 2002 to 2008 as commissioner.   “Paul is the CEO and Founder of Patomak Global Partners, a risk management consultancy,” Trump said. “As Co-Chairman of the Digital Chamber’s Token Alliance since 2017, he has worked on and studied the digital assets industry.” Trump stated.   This comes after years of aggressive enforcement under Gary Gensler's helm. Between 2021 and 2023, the SEC filed 104 lawsuits against crypto firms, making the industry cough up about $426 million in legal fees. According to analysts, the clearer guidelines under Atkins's chair will significantly reduce the regulatory barriers to adoption that have held Bitcoin back.   Confidence has also been boosted by the green-lighting of multiple spot Bitcoin ETF applications by the SEC. Such ETFs offer institutional investors regulated paths to exposure to Bitcoin and have heated up demand. According to analysts, spot ETFs could bring in an additional $17 billion of institutional inflows in mid-2025.   Powell Describes Bitcoin as the New Digital Gold, Not a Competitor to the Dollar Source: X   Federal Reserve Chair Jerome Powell described Bitcoin as "like gold only virtual and digital" in a speech at The New York Times DealBook Summit. Powell underlined that it is a speculative asset, and despite high volatility, it looks to be here to stay. The price of Bitcoin sat close to $103,000 during his comments, a nod to the growing perception of the digital asset as a hedge against inflation and economic uncertainty.   The increasing role of Bitcoin as a store of value makes it comparable to gold. A circulating supply of 19.5 million BTC makes Bitcoin a scarcity and a deflationary model, hence interesting for investors looking for alternatives. Market capitalization of gold is $13 trillion, while the current market capitalization of Bitcoin is $1.93 trillion, underlining its potential to grow as digital gold.   Global Bitcoin Adoption Soars to 420m Users Adoption has increased from 300 million users in 2022 to more than 420 million users globally in 2024. In November, El Salvador added $120 million worth of Bitcoin to its national reserves, increasing its holdings to 4,400 BTC as part of the country's plan to introduce Bitcoin into its economy as legal tender.   Germany has 12,900 active Bitcoin nodes, up 14% this year. Its node count is second only to the United States, housing 36,200. These figures reflect the decentralization of Bitcoin and the security of its global network.   The United Arab Emirates is introducing blockchain technology into its trade finance system, projected to process $500 billion worth of transactions by 2025. This will reflect Bitcoin's potential usage in global trade and commerce.   Source: Triple-A   Source: Triple-A   Among Asian markets, one of the most active markets, retail traders from South Korea contributed $4.2 billion in Bitcoin trading volume last month. Recently, Japan reformed its regulatory framework by allowing banks to store Bitcoins with plans for an implementation as early as 2025. Source: Triple-A   According to Triple-A, with a compound annual rate (CAGR) of 99% the growth in ownership of cryptocurrencies far exceeds the growth rate of traditional payment methods, which average at 8% from 2018 to 2023. In fact. Within the same period, the growth rate for cryptocurrency ownership surpasses that of several payment giants such as American Express.   Bitcoin Outlook for December 2024 and Beyond The price action of Bitcoin doesn't slow down. According to analysts, Bitcoin’s price prediction is $125,000 dollars by the end of 2024 and will climb with a market capitalization of over $2.3 trillion. Come 2025, its global adoption will surge past 500 million users due to interests shown by institutions, regulatory clarity, and technological advancement.   Miners pocketed $1.9 billion in revenue last month, with hash rates reaching 480 EH/s, up 32% YoY. Such growth cements the security and resilience of the network while Bitcoin continues to scale globally.   Kalshi, the prediction platform’s data highlights increasing confidence in Bitcoin’s long-term potential. While the chances of reaching $150,000 by the end of 2024 remain moderate, Bitcoin’s record-breaking performance in 2023 shows its capacity to achieve new milestones. With rising adoption and strong institutional inflows, Bitcoin appears poised to close 2024 at historic levels, cementing its role as a key player in the global financial system.   Source: Kalshi   Conclusion Bitcoin's rise to $103,656 is a momentous event for the digital currency markets underpinned by $9.2 billion of institutional inflows, spot ETF approvals, and organic global adoption. At $1.93 trillion stretched out to $125,000, Bitcoin is set in place as a digital asset of global importance. It has not only become a store of value but has also become a means to connect traditional finance with blockchain technology. This is a representation of Bitcoin's transition from a speculative investment to one of the founding blocks of the future economy.

BTC$97,541.30+0.69%

Bitcoin is currently priced at $102,402.32 with a 6.23% increase in the past 24 hours, while Ethereum trades at $3,861.17, up 5.75% over the same period. The futures market remains balanced, with a 50% long and 50% short position ratio. The Fear and Greed Index, a key measure of market sentiment, climbed from 78 (Extreme Greed) yesterday to 84 (Extreme Greed) today.   President-elect Donald Trump’s nomination of pro-crypto advocate Paul Atkins to replace Gary Gensler as SEC Chair signals a potential shift toward more favorable regulations. Bitcoin, often compared to digital gold, has approached $102,402.32, buoyed by growing institutional interest and evolving perceptions of its role in the financial ecosystem. Meanwhile, Ripple’s XRP has surged past a $150 billion market cap, rivaling top U.S. companies, and Grayscale has joined the race to launch the first spot Solana ETF. This period of transformation highlights the intersection of regulation, innovation, and market dynamics in shaping the future of digital assets.   What’s Trending in the Crypto Community?  Jerome Powell says Bitcoin is a strong competitor to gold at The New York Times' DealBook Summit on Dec.4. Circle announced it is the first stablecoin issuer to meet Canada's new listing rules. Bitcoin mining company Hut 8 announced a $500 million and a $250 million stock buyback plan in order to buy more Bitcoin.    Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers    Trading Pair  24H Change CRV/USDT + 20.47% XRP/USDT - 6.96% SAND/USDT + 14.92%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   BTC Hits All Time High of 102.4K Bitcoin hit an all-time high today surpassing $102,402.32 for the first time. The price surged to $102,402.32 during early trading hours with a 6.4 percent increase in the past 24 hours. Institutional investment has grown by over $8 billion this quarter fueling demand. Analysts point to recent pro-crypto policy shifts including Paul Atkins' nomination as SEC Chair and a projected 18 percent increase in adoption rates by 2025. Bitcoin now commands a market capitalization of over $1.95 trillion solidifying its dominance as the largest cryptocurrency.   BTC Price Chart | Source: KuCoin   Trump Appoints Pro-Crypto Paul Atkins as New SEC Chair President-elect Donald Trump has nominated Paul Atkins to lead the SEC, fulfilling his campaign promise to crypto voters. Trump praised Atkins as a "proven leader for common sense regulations" due to his tenure as an SEC commissioner from 2002 to 2008 and his role as Co-Chairman of the Digital Chamber's Token Alliance since 2017.   “Paul is the CEO and Founder of Patomak Global Partners, a risk management consultancy,” Trump said. “As Co-Chairman of the Digital Chamber’s Token Alliance since 2017, he has worked on and studied the digital assets industry.”   Atkins' appointment follows Gary Gensler’s resignation on Nov. 21 after years of legal battles with crypto firms. The SEC initiated 104 lawsuits against the industry between 2021 and 2023, costing companies $426 million in legal fees. Analysts expect the SEC's focus on enforcement to ease under Atkins, potentially opening the door for clearer regulations and renewed growth.   Legal battles cost the industry $426 million in legal fees and created uncertainty in the market. Analysts predict a softer stance on enforcement under Atkins, allowing firms to focus on innovation and growth. Pantera’s chief legal officer, Katrina Paglia, said new leadership could ease regulatory pressure. "The lawsuits targeting cryptocurrency firms and blockchain projects will likely diminish," she explained. Atkins’ leadership could mark the beginning of clearer, more supportive regulation for digital assets.   Powell Says BTC is a Strong Competitor to Gold or Something More? Source: X   U.S. Federal Reserve Chair Jerome Powell recently drew parallels between Bitcoin and gold, emphasizing its role as a speculative asset rather than a competitor to the dollar.   “People use Bitcoin as a speculative asset, right? It’s like gold,” Powell said at The New York Times' DealBook Summit. “It’s just like gold, only it’s virtual, it’s digital.”    Bitcoin’s volatility remains a concern, but its price has approached $100,000, with current trading levels around $97,400. This growth follows President-elect Trump’s pro-crypto stance and institutional interest in digital assets. Powell acknowledged Bitcoin’s "staying power," but the Federal Reserve continues to monitor its interaction with traditional banking systems to ensure financial stability.   Ripple’s XRP Surges Past Traditional S&P500 Markets Source: KuCoin    XRP has experienced a meteoric rise, with its market cap soaring to $150 billion, surpassing companies like Pfizer ($144 billion) and Citigroup ($136 billion). Ripple’s asset now ranks as the third-largest cryptocurrency, trailing only Bitcoin and Ethereum.   XRP surged by 409% after the November elections, reaching a high of $2.82 before settling at $2.61. Market analysts attribute this growth to increasing institutional interest and optimism about a more crypto-friendly regulatory environment.   If classified as a company, XRP would rank as the 68th largest in the S&P 500, outshining 86% of the index, including notable firms like Lockheed Martin ($122.5 billion). This positioning underscores the growing acceptance of digital assets as viable investments within traditional financial frameworks.   Grayscale’s Bid for a Spot Solana ETF Grayscale Investments filed with the SEC on Dec. 3 to convert its existing Grayscale Solana Trust (GSOL) into a spot Solana ETF. The trust, holding $134.2 million in assets, represents approximately 0.1% of all Solana in circulation.   Grayscale joins competitors like 21Shares, VanEck, and Bitwise in seeking SEC approval for a spot Solana ETF. The move reflects a broader push to integrate cryptocurrencies into mainstream financial products, potentially unlocking new levels of institutional participation.   Extract from Grayscale’s 19b-4 filing to list a spot Solana ETF. Source: NYSE   Read More: GBTC vs. Bitcoin: Which One Should You Invest In?   The Ripple Effect: Market Optimism Post-Gensler Gary Gensler’s departure and the anticipated leadership of Paul Atkins have sparked optimism across the crypto industry. Filings for a Solana ETF surged immediately after Gensler’s resignation, and analysts predict continued altcoin rallies into 2025.   Pantera’s chief legal officer, Katrina Paglia, suggested that the SEC’s aggressive stance on crypto firms will likely diminish under new leadership. “The lawsuits targeting cryptocurrency firms and blockchain projects could quietly go away,” she said.   Conclusion The crypto industry stands at a pivotal moment. Leadership changes, regulatory shifts, and market innovations signal a new era for digital assets. From Bitcoin nearing $100,000 to XRP rivaling top U.S. companies, the market reflects growing maturity and integration into traditional financial systems. Grayscale’s pursuit of a spot Solana ETF and Paul Atkins’ nomination as SEC Chair underscore the momentum building behind crypto. As these developments unfold, they are likely set for reshaping the regulatory landscape and solidifying digital assets’ place in the global economy.

On December 2, 2024, South Korea's cryptocurrency market experienced unprecedented activity, with retail trading volumes surpassing traditional stock markets by 22%, as reported by 10x Research. The day's trading volume reached approximately $34 billion on Dec.4, marking the second-highest daily total of the year. This surge was precipitated by a brief declaration of martial law by President Yoon Suk Yeol, citing national security concerns. The announcement led to immediate market volatility, with Bitcoin (BTC) and Ethereum (ETH) prices plummeting by up to 30% on local exchanges before swiftly rebounding after the martial law was lifted hours later. Traders capitalized on these rapid price fluctuations, significantly increasing trading volumes, particularly in altcoins like XRP and Tron.   Trending Cryptocurrencies in the South Korea in the Last 24 Hours  Upbit is the top leading regulated exchange in the local market. The trending cryptocurrencies are identified based on CoinMarketCap and Upbit’s real-time trading data focusing on 24-hour volume, price surges, and market sentiment. These metrics highlight the most actively traded and high-performing assets in South Korea’s dynamic crypto market. Here are the top trending cryptocurrencies in the South Korean Market    Bitcoin (BTC) BTC Price Chart | Source: KuCoin   Bitcoin faced significant volatility in South Korea following the martial law announcement, dipping sharply to $95,692 on the global exchanges. However, it quickly rebounded 2.4%, climbing above $96,000 after the policy was reversed. On Upbit, Bitcoin remains a cornerstone of the market, with over $1.7 billion in 24-hour trading volume, accounting for 6.51% of the exchange's total activity. This highlights Bitcoin’s dominance as both a store of value and a key trading asset during periods of uncertainty.   Tron (TRX) TRX Price Chart | Source: KuCoin   Tron was the standout performer of the day, experiencing a remarkable 80% surge within 24 hours to trade at $0.40. The strong performance reflects growing speculative interest in South Korea’s retail market, where Tron is increasingly favored for its role in decentralized finance. On Upbit, TRX recorded $1.2 billion in trading volume, representing 4.61% of total market activity.   XRP (XRP) XRP Price Chart | Source: KuCoin   XRP continues to dominate trading activity in South Korea, fueled by optimism around liquidity enhancements and blockchain upgrades. The token has surged an extraordinary 200% over the past month, currently trading at $2.84. XRP’s trading volume on Upbit exceeded $6.3 billion, accounting for a staggering 26.93% of the Upbit platform’s total activity, solidifying its status as the most traded cryptocurrency in the market.   Cardano (ADA) XRP Price Chart | Source: KuCoin   XRP continues to dominate trading activity in South Korea, fueled by optimism around liquidity enhancements and blockchain upgrades. The token has surged an extraordinary 200% over the past month, currently trading at $2.84. XRP’s trading volume on Upbit exceeded $6.3 billion, accounting for a staggering 26.93% of the Upbit platform’s total activity, solidifying its status as the most traded cryptocurrency in the market.   Cardano (ADA)   ADA Price Chart | Source: KuCoin   Cardano’s robust ecosystem development and scalability improvements have driven its popularity among South Korean traders. Over the past 30 days, ADA has posted an impressive 275% gain, reaching $1.20. On Upbit, ADA recorded $362.7 million in 24-hour trading volume, contributing 1.39% of the exchange’s activity, a testament to its growing appeal in the region.   Ethereum (ETH) ETH Price Chart | Source: KuCoin    Ethereum remains a pillar of the cryptocurrency market, recovering from a low of $3,643.90 with a 3.3% gain to stabilize above $3,600. On Upbit, ETH maintained steady trading activity, generating $830.6 million in volume and demonstrating its continued relevance among South Korean traders, particularly for its critical role in decentralized finance and NFT ecosystems.   Dogecoin (DOGE) DOGE Price Chart | Source: KuCoin    Dogecoin remains a favorite memecoin in South Korea, where retail traders continue to embrace its speculative nature and meme-driven appeal. The token recorded an impressive $1.6 billion in trading volume on Upbit, reflecting its enduring popularity. At a price of $0.42, DOGE has proven its ability to sustain strong market interest even during periods of heightened volatility.   Stellar (XLM) XLM Price Chart | Source: KuCoin    Stellar is gaining traction in South Korea, thanks to its focus on cross-border payment solutions. Trading at $0.51, Stellar saw significant activity on Upbit, with $586.3 million in 24-hour trading volume, accounting for 2.24% of the platform’s overall activity. This underscores the token’s appeal to traders seeking utility-focused assets.   Hedera (HBAR) HBAR Price Chart | Source: KuCoin    Hedera has seen rapid growth this week, surging 168% to trade at $0.32. Its innovative use cases in blockchain technology, particularly for enterprises, have caught the attention of South Korean investors. On Upbit, HBAR recorded a robust $935.6 million in trading volume, accounting for 3.58% of the exchange’s total, highlighting its rising prominence.   Ethereum Name Service (ENS) ENS Price Chart | Source: KuCoin    Ethereum Name Service continues to attract attention as a key player in the Web3 domain. Trading at $42.23, ENS saw $666.7 million in trading volume on Upbit, reflecting growing interest in decentralized domain naming solutions. Its utility and increasing adoption make it a notable contender in today’s market.   Is South Korea in the Full Altcoin Season? South Korea’s cryptocurrency market is at the forefront of a full-fledged altcoin season, with assets like Tron (TRX), XRP, and Cardano (ADA) dominating trading volumes. Analysts point to a significant shift in trader focus toward high-growth altcoins, as Bitcoin’s funding rates remain relatively subdued at 15% annualized. This divergence highlights the appetite for speculative altcoin investments among South Korean traders.   Several factors contribute to South Korea’s role in driving global crypto trends. Retail investors dominate the market, leveraging opportunities in trending altcoins and amplifying momentum across key assets. Accessibility to comprehensive trading platforms like Upbit, the country’s largest exchange, plays a pivotal role by offering real-time performance insights and access to a diverse range of tokens. Additionally, South Korea’s regulatory environment, including the postponement of crypto tax policies until 2027, coupled with its robust technological infrastructure, provides fertile ground for the continued growth of its crypto market.   Conclusion With record-breaking trading volumes, surging altcoins, and a retail-driven ecosystem, the region continues to lead the way in cryptocurrency adoption. A major milestone was reached recently when cryptocurrency trading volumes surpassed the traditional stock market by 22%, underscoring the profound shift in South Korea’s financial priorities. As altcoin season takes center stage, assets like TRX, XRP, and ADA remain the ones to watch in this dynamic and rapidly evolving market. Investors should do their own research in the volatile market and build a sustainable investment strategy tailored to their goals.

Ripple's XRP has experienced a volatile week, marked by a brief price decline following South Korea's declaration of martial law. Despite this setback, whales and institutional investors have shown unwavering confidence, propelling XRP into the spotlight as one of the most dynamic cryptocurrencies in the market.   Quick Take  XRP investors realized over $4 billion in profits in the past three days, driven by whale activity and institutional accumulation. XRP has gained over 400% in the past month, consolidating its position as one of the top three cryptocurrencies by market cap. XRP briefly dropped 7% to $1.89 following South Korea’s declaration of martial law, triggering panic selling on local exchanges like Upbit and Bithumb. Large holders (whales) increased their XRP positions despite the sell-off, signaling confidence in the token's long-term potential. XRP's 24-hour trading volume soared to $44.5 billion, making it the third most-traded crypto behind Bitcoin and USDT. Expectations for a U.S. XRP spot ETF are growing, supported by the SEC’s recent non-security ruling and a possible pro-crypto SEC Chair nomination. Positive legal and regulatory developments, including rumors of Ripple’s IPO and ETF applications, could drive further growth.   Martial Law in South Korea Triggers XRP Sell-Off XRP price | Source: KuCoin   The announcement of martial law by South Korean President Yoon Suk Yeol on December 3 sent shockwaves through global crypto markets. XRP, a popular asset among South Korean investors, saw a sharp 7% dip, briefly trading as low as $1.89 on leading exchanges like Upbit and Bithumb. Trading volumes surged as panic selling gripped the market, forcing temporary halts in XRP transactions on these platforms.   This political upheaval caused significant disruptions, with South Korea's high concentration of XRP holders amplifying the volatility. However, XRP prices recovered quickly, climbing back to $2.40 in spot markets and maintaining its status as the third most-traded cryptocurrency by volume, trailing only Bitcoin and USDT.   XRP Whales Drive Market Confidence Despite the sell-off, whale activity around XRP has intensified. Data from Santiment shows that whales—holding between 1 million and 10 million XRP—have significantly increased their holdings in the past three days. This accumulation coincides with $4 billion in realized profits among XRP investors, underlining the token's growing appeal to institutional players.   Austin Reid, Head of Revenue at FalconX, noted on X (formerly Twitter) that institutional interest is a major driver behind XRP's current momentum. “This isn’t just retail action — institutions are driving the rally,” Reid commented, highlighting a 10x increase in trading volume between the first and second halves of Q4.   XRP Price Prediction: Can XRP Touch a New All-Time High?  XRP/USDT price | Source: KuCoin   Technical indicators suggest that XRP could be on the verge of a breakout. The token is holding above the $2.58 resistance level, a key threshold for further upward movement. A successful recovery and bounce above this level could see XRP targeting $3.57, its upper resistance channel, potentially setting a new all-time high.   However, challenges remain. The Relative Strength Index (RSI) indicates overbought conditions, signaling the possibility of a short-term price correction. Analysts caution that a daily close below $1.96 could invalidate the bullish thesis and result in further consolidation.   Market Optimism Fueled by Spot XRP ETF Speculation Optimism around a potential XRP spot ETF in the U.S. is adding to the excitement. The non-security ruling for XRP in its case against the SEC has paved the way for speculation about an ETF launch, mirroring the success of Bitcoin’s spot ETF approvals earlier this year. Ripple investment products have already seen record inflows of $95 million in the past week, according to CoinShares.   Crypto weekly inflows | Source: CoinShares   Former SEC Commissioner Paul Atkins, rumored to be the next SEC Chair, is seen as a potential ally for the crypto industry. His pro-market stance could accelerate regulatory clarity, benefiting XRP and the broader crypto ecosystem.   What’s Next for XRP?  Over the past month, XRP has surged by over 400%, cementing its position as one of the most promising altcoins. If the token maintains its upward trajectory, driven by whale accumulation, institutional interest, and potential regulatory breakthroughs, 2025 could see XRP reaching new milestones.   For now, XRP remains one of the market’s most closely watched assets, with its recovery from recent volatility underscoring its resilience and long-term potential.   Read more: Could $XRP Reach $3 Ahead of XRP ETF Approval?

The dynamics of the crypto market are shifting. According to CryptoQuant CEO Ki Young Ju, stablecoin liquidity now serves as the primary driver for altcoin trading volumes. In a post on X, Young Ju stated, "Alt season is no longer defined by asset rotation from Bitcoin. Stablecoin liquidity better explains the altcoin markets."   Quick Take CryptoQuant CEO Ki Young Ju highlights the role of stablecoin liquidity in boosting altcoin trading volumes. Unlike previous bull runs, altcoin surges are no longer tied to capital exiting Bitcoin. Institutional investors and ETFs contribute to Bitcoin’s rally without fueling altcoins. Retail investors remain critical to driving liquidity into altcoins and ushering in altcoin season. XRP (XRP) and Solana (SOL) have emerged as standout performers in this bullish market cycle. Stablecoins’ On-Chain Trading Volume Crosses $1.1T in November Stablecoins’ trading volume | Source: VisaOnchainAnalytics   The rising on-chain trading volume of stablecoins, which reached $1.17 trillion in November, highlights their growing importance in the crypto ecosystem. Stablecoins like USDT and USDC account for the lion’s share of this liquidity, fueling both Bitcoin and altcoin markets.   Analysts predict that the evolving role of stablecoins could lead to a more stable and diversified crypto market. This transformation underscores the importance of monitoring stablecoin liquidity as a key indicator for altcoin performance.   Altcoin Season: A New Paradigm Unlike Previous Altseasons  Blockchain Center’s Altseason Index | Source: Blockchain Center   Historically, altcoin seasons emerged when investors rotated capital from Bitcoin into alternative cryptocurrencies. However, Young Ju notes that the current bull market is rewriting this narrative. CryptoQuant’s data reveals that while Bitcoin trading volumes are down, stablecoin trading volumes have hit peak levels in 2024, indicating that the liquidity for altcoins is now coming from stablecoin and fiat pairs.   Blockchain Center’s Altseason Index has already crossed the threshold of 75 and surged to 80, indicating that the altcoin season is already underway in the crypto market.    Read more: What Is Altcoin Season, and How to Trade Altcoins?   Institutional Investors Alter Market Dynamics The delayed arrival of an altcoin season has puzzled many market participants. Young Ju attributes this to the dominance of institutional investors, who have been key drivers of Bitcoin’s recent rally. These entities, often investing through spot ETFs and outside of crypto exchanges, show little interest in altcoins.   “Unlike crypto exchange users, institutional investors and ETF buyers have no intention of rotating their assets from Bitcoin to altcoins,” said Young Ju. This trend underscores the need for fresh liquidity from retail investors to reignite altcoin markets.   Retail Investors Remain Crucial For altcoins to reach new all-time highs, significant retail-driven liquidity is required. Young Ju emphasizes the necessity for new exchange users and capital inflows to boost altcoin market capitalization, which remains below its previous peaks.   Is Alt Season Here? Altcoin Season Index Chart | Source: Coinmarketcap   The debate over whether alt season has already begun remains active. Podcaster CryptoVizArt argues that the season has started, citing Solana’s recent rally as evidence. Ripple (XRP) also surged by over 20% in the past 24 hours, briefly overtaking Tether (USDT) in market capitalization.   Similar to Blockchain Center’s analysis, Coinmarketcap’s Altcoin Season Index also suggests that the altcoin season has begun, with its index rising to 83 as of writing.    However, Young Ju and other analysts maintain that alt season is uneven. "Altseason has started for a few major altcoins, but not for others,” he said. Blockchain Center’s Altcoin Season Index, which measures the performance of altcoins against Bitcoin, is approaching its critical threshold of 75%, suggesting that a broader altcoin season may be imminent.   A Look Ahead While institutional investors may not drive altcoin gains, retail traders could still catalyze a rally. As stablecoin liquidity grows, the conditions for a sustained altcoin season are strengthening. However, for altcoins to thrive, the market will need new entrants and innovative use cases to attract attention.   Stay tuned as KuCoin News continues to cover the latest market trends and their implications for the crypto ecosystem.

XRP has become the third largest cryptocurrency by market cap after rapid gains driven by regulatory speculation, market momentum, and Ripple's expanding influence. XRP surged past $2 on December 1st, 2024, marking only the second time since January 2018 that it has reached this level.    Top five coins by market capitalization as of Dec. 2. Source: CoinGecko   This milestone highlights growing confidence in the token's market strength. Current bullish momentum suggests the rally could push XRP toward $3 in the near future. Market participants, including whales and institutional investors, have intensified their activity, adding fuel to the upward trajectory.    XRP Price Chart | Source: KuCoin   XRP’s $150 billion market cap and $256 million inflow highlights its strength and potential. With legal progress, regulatory momentum, and bullish market trends, XRP targets $3.15 and beyond.    Source: CryptoQuant   XRP has rapidly surged to become one of the top three cryptocurrencies by market cap, reaching $150 billion, up from just $30 billion in early November. The token’s price has skyrocketed to $2.72, marking a 10% increase in the past 24 hours and a remarkable 50% gain over the last week.    This surge is fueled by a 30% spike in XRP derivatives open interest, which reached $4 billion in a single day, and substantial exchange inflows, with $256 million worth of XRP being transferred to exchanges in just three days. XRP’s strong performance, driven by growing market interest and robust trading volume of $8.9 billion, has positioned it as a dominant player in the crypto space, overtaking other major assets like Tether and Solana.   Key Drivers Behind XRP’s Rally  Anticipation of RLUSD Stablecoin Launch: XRP has surged by over 400% in the past month, briefly becoming the third-largest cryptocurrency after Bitcoin and Ethereum. This rally gained further momentum with leaks suggesting that Ripple’s RLUSD stablecoin could debut on December 4, 2024. The stablecoin launch is expected to solidify XRP’s position in the market by enhancing its use cases and utility. Push for XRP Spot ETF Approval: Wall Street has ramped up efforts to secure an XRP spot ETF, following the successful debut of Bitcoin and Ethereum spot ETFs. Major players like WisdomTree, Bitwise, and Canary Capital have filed for XRP ETFs, with Bank of New York Mellon poised to administer the proposed trust. If approved, an XRP spot ETF could significantly boost its market valuation and attract institutional investment. Progress in Ripple vs. SEC Lawsuit: Ripple's legal battle with the SEC shows signs of resolution as the SEC Chair steps down in January. Speculation grows that the SEC may drop its appeal against Ripple following Trump's election win.  Market Sentiment: Broader crypto markets are bullish with Bitcoin trading near $100,000 and Ethereum at $3,624. Ripple CEO Brad Garlinghouse's push for regulatory clarity has also strengthened investor trust in XRP.  Market activity indicates strong participation from whales and institutional players. However, CryptoQuant data warns that significant inflows to exchanges and leveraged positions could lead to corrections. Historical patterns suggest a potential 17% price decline under these conditions.   XRP Price Prediction and Market Outlook XRP broke key resistance at $2, indicating strong bullish momentum. Analysts target $3.15 short term and $4 medium term, with potential for $5 in the longer term.    Short Term:  Price range: $2.80 to $3.15  Support: $2.30  Resistance levels: $2.50 and $3  Target trading volume: $5 billion  Market analysts predict that XRP could extend its rally by another 100%, reaching a price of $4.21. This projection is supported by XRP’s recent breakout above the $2.58 resistance level, which validated a rounded bottom pattern. If XRP maintains its bullish momentum, the next target is $3.57, marking a significant milestone on its path to an all-time high.   Prominent analyst CrediBULL Crypto notes that XRP is currently advancing within its third subwave of a larger bullish structure. According to the analyst, two more waves within this subwave could drive the token to surpass its previous all-time high. "We’re just getting warmed up. The ascent is going to be pure mania," he remarked.   Medium Term:  Target price: $3.50 to $4  Market cap at $4: $180 billion  Projected volume increase: 10 % daily  Long Term:  Price target: $5  Market cap at $5: $220 billion  Percentage gain from $2.30: 117 %  XRP whales have played a pivotal role in the recent rally. Wallets holding between 1M and 10M XRP accumulated 679.1 million tokens worth $1.66 billion over three weeks. This large-scale accumulation, alongside a surge in weekly active addresses by 200% to 307,000, reflects growing confidence among institutional and retail investors alike.   Analyst Steph has described XRP at $1.4 as a “bargain buy,” emphasizing that the token remains undervalued compared to its potential. Steph predicts an explosive long-term rally, with XRP possibly reaching as high as $50 under favorable market conditions.   XRP’s trajectory suggests a strong push toward $3.15. Analysts cite several factors supporting this prediction:   Bullish Sentiment: 66.5% of traders hold long positions on XRP. Price Action: Breakout above $2 indicates potential for continued upward momentum. Resistance Levels: Next targets at $3 and $3.15 based on historical price trends. Risks to XRP's Momentum  Whale Activity and Potential Sell-Offs On-chain data reveals that whales have moved $256.3 million worth of XRP to exchanges over three days, signaling potential sell-offs. This activity could put downward pressure on XRP's price. If the $2.30 support level fails to hold, XRP could correct toward the $2 to $2.10 range, offering disciplined investors potential entry points during the dip.   Overleverage in the Derivatives Market High leverage in the derivatives market adds to the risk of heightened volatility for XRP. A sharp price decline could trigger mass liquidations, exacerbating downward pressure. Leveraged positions have historically magnified corrections during rapid surges, increasing the likelihood of short-term instability.   Risk indicators   Key support: $2.30   Correction range: $2 to $2.10   Historical correction probability after surges: 25 %  Source: XRP Resistance Levels TradingView   Ripple’s Strategic Advancements  Ripple aims to solidify its ecosystem. Approval of its RLUSD stablecoin and new partnerships are strengthening its position. XRP trades near $2.72 on December 2, 2024, showing a price increase of over 10% in the last 24 hours. Trading volume has dropped by 14% during the same period, signaling reduced activity from traders and investors compared to recent days. Buy XRP on KuCoin to catch the XRP bull market.   Ripple’s RLUSD Stablecoin Fuels Optimism Ripple’s RLUSD stablecoin is at the center of XRP’s recent surge. Reports indicate that the New York Department of Financial Services may approve RLUSD by December 4. This stablecoin is part of Ripple’s strategy to revolutionize cross-border payments with faster, energy-efficient solutions.   Regulatory developments add to the optimism. SEC Chair Gary Gensler’s departure in January, coupled with the Trump administration's pro-crypto stance, raises the likelihood that the SEC will drop its appeal against Ripple. This could resolve a legal battle that has overshadowed XRP since 2020.   Conclusion XRP's recent performance shows its growing strength in the crypto market. Positive regulatory developments increasing investor interest and strong market activity drive its rise. Surpassing $2 and becoming the 3rd largest cryptocurrency by market cap mark major milestones. The anticipated launch of Ripple's RLUSD stablecoin and potential regulatory shifts add to its momentum. Traders should remain cautious as high inflows to exchanges could signal corrections. XRP nears $3 making its trajectory critical to watch as it shapes the future of the cryptocurrency market.   Read more: XRP Surges to 3rd Largest and Targets A ETF Proposal, Ethereum Investment Products Breaks Records with $634m Inflows and More: Dec 3

Bitcoin is currently priced at $95,826 with -1.4% decrease from the last 24 hours, while Ethereum is at $3,643, up by -1.76% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.7% long versus 51.3% short positions. The Fear and Greed Index, which measures market sentiment, was at 80 yesterday and is at the Extreme Greed level at 76 today. The cryptocurrency market continues to push boundaries with XRP  achieving a market cap of $150 billion to become the third-largest cryptocurrency. Ethereum investment products shattered records with $2.2 billion in annual inflows. Ripple’s RLUSD stablecoin is also on the brink of approval, adding momentum to XRP ’s rise. This is a defining moment for digital assets as major players gain traction and set new benchmarks.   What’s Trending in Crypto?  MicroStrategy buys another 15,400 BTC at an average price of $95,976 per coin. U.S. government address transfers 19,800 BTC, approximately $1.92 billion and 10,000 BTC flowed into Coinbase. Crypto market spot trading volume in November reached $2.7 trillion, the highest since May 2021. WisdomTree Targets XRP with new ETF proposal.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change XRP/USDT +14.16% HBAR/USDT +55.20% ONDO/USDT +36.95%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   XRP Takes Third Place in Crypto with $150 Billion Market Cap Top five coins by market capitalization as of Dec. 2. Source: CoinGecko   XRP ’s rise to $2.72 marks a new chapter in its journey. This price surge brought its market cap to $150 billion, overtaking Tether and Solana. The token's value soared past $2 on December 1, 2024, a feat achieved only once since January 2018. Analysts project that XRP’s momentum could push it toward $3.15 in the coming days.   Source: KuCoin   XRP has entered a new chapter in its journey, with its price surging to $2.72, bringing its market cap to $150 billion—surpassing Tether and Solana. This rise marks a significant milestone, as XRP's value exceeded $2 on December 1, 2024, a level not seen since January 2018. Over the past week, XRP has gained nearly 50%, with a 21% increase in just 24 hours. Analysts predict that its momentum could propel the token toward $3.15 in the coming days. In addition to the price surge, XRP derivatives saw a 30% spike in open interest, reaching $4 billion in a single day, while exchange inflows hit $256 million within three days.   Market activity indicates strong participation from whales and institutional players. However, CryptoQuant data warns that significant inflows to exchanges and leveraged positions could lead to corrections. Historical patterns suggest a potential 17% price decline under these conditions.   Source: CryptoQuant   XRP Price Prediction and Market Outlook XRP’s trajectory suggests a strong push toward $3.15. Analysts cite several factors supporting this prediction:   Bullish Sentiment: 66.5% of traders hold long positions on XRP. Price Action: Breakout above $2 indicates potential for continued upward momentum. Resistance Levels: Next targets at $3 and $3.15 based on historical price trends. Source: XRP Resistance Levels TradingView   However, whales and institutions have moved $256 million of XRP to exchanges, signaling potential sell-offs. This could trigger temporary corrections, creating opportunities for disciplined investors to enter.   Ripple’s RLUSD Stablecoin Fuels Optimism Ripple’s RLUSD stablecoin is at the center of XRP’s recent surge. Reports indicate that the New York Department of Financial Services may approve RLUSD by December 4. This stablecoin is part of Ripple’s strategy to revolutionize cross-border payments with faster, energy-efficient solutions.   Regulatory developments add to the optimism. SEC Chair Gary Gensler’s departure in January, coupled with the Trump administration's pro-crypto stance, raises the likelihood that the SEC will drop its appeal against Ripple. This could resolve a legal battle that has overshadowed XRP since 2020.   WisdomTree Targets XRP with New ETF Proposal Source: X   WisdomTree has filed for the creation of the WisdomTree XRP Fund as the token’s value soars. The firm manages $77.2 billion in assets and operates 79 ETFs globally. WisdomTree’s move signals growing confidence in XRP’s market potential. If approved, this ETF could attract significant institutional investment, further solidifying XRP’s position.   Crypto ETF applications are increasing following Donald Trump’s election. Ripple’s ongoing success has renewed interest in XRP as a viable digital asset for institutional portfolios. WisdomTree’s proposal aligns with a broader industry push for crypto ETFs based on alternative tokens like Solana and HBAR.   Ethereum ETF Products Shatter Records with $634m Inflows Ethereum-based investment products attracted $634 million in inflows last week, pushing annual inflows to $2.2 billion. This surpasses the $2 billion record set in 2021. Spot Ethereum ETFs in the U.S. led the charge, contributing $466.5 million in a single week despite the holiday slowdown.   “For the first time, Ethereum outpaced Bitcoin in inflows at these high levels. Ethereum’s performance reflects renewed investor interest, with a 47.15% monthly gain, nearing its ETF announcement peak of $4,095,” BRN analyst Valentin Fournier wrote.   “The global crypto market cap has risen by 72% since the U.S. election to $3.43 trillion, outpacing the growth of Bitcoin and Ethereum,” Fournier continued. “This suggests early signs of an alt-season.”   Ethereum By the Numbers Monthly Gain: Ethereum climbed 47.15% in November nearing its peak of $4,095. Spot ETF Inflows: $1.1 billion since the U.S. election. Total Assets Under Management: $11 billion across Ethereum-focused products. Inflow Comparison: Ethereum outpaced Bitcoin with $332.9 million vs. $320 million in recent weekly inflows. Analysts highlight several catalysts for Ethereum’s rise, including improved demand-supply dynamics, staking yield approvals, and its leading role in the altcoin resurgence. Ethereum’s performance positions it as a key asset during this bullish phase.   Source: The Block   Conclusion XRP’s rise to the third-largest cryptocurrency underscores its growing influence in the market. With a $150 billion market cap and price surging past $2.72, XRP is capitalizing on regulatory optimism and institutional interest. Ethereum’s record-breaking inflows further highlight the evolving crypto landscape. Ripple’s RLUSD stablecoin approval could provide additional momentum, reinforcing XRP’s position. As market dynamics evolve, heightened volatility is expected during the Christmas season.   Read more: December 2024 Token Unlocks Could Have a $5 Billion Impact on the Crypto Market

Get ready for an exciting month in crypto! December 2024 is packed with airdrop opportunities. Learn how to participate, boost your earnings, and stay ahead in this comprehensive guide to the biggest crypto events of the year.   This December, the crypto world is buzzing with highly anticipated airdrops across diverse ecosystems. These airdrops reward early adopters and community members, offering opportunities to claim free tokens and engage with groundbreaking projects. Here’s an expanded guide to the top five airdrops of the month, complete with tokenomics and key details. If you’re looking to get ahead, consider pre-market opportunities to buy $XION, $ME, and $GOATS tokens on KuCoin.   Read More: What Is Crypto Airdrop and How Does It Work?   1. Magic Eden’s ME Token Airdrop Promotional artwork for ME token. Image: ME Foundation   Magic Eden, one of Solana’s leading NFT marketplaces, will launch its native token $ME on December 10. This token will reward loyal users of Magic Eden’s Bitcoin exchange and cross-chain NFT marketplace. If you’ve been active on Magic Eden, now is the time to verify your eligibility through the Magic Eden Wallet app.   Tokenomics: Total Supply: 1 billion ME tokens Airdrop Allocation: 12.5% (125 million tokens) Ecosystem Incentives: 22.5% (225 million tokens) Pre-Market Price: $3.41 on Coinbase and $4.50 on KuCoin Estimated Airdrop Value: Over $500 million   Magic Eden will have a four-year unlocking schedule for ME tokens. | Source: Magic Eden   The $ME airdrop will consider factors like trading activity and loyalty through Magic Eden Diamonds. With 125 million tokens immediately available for claiming, this is one of the most valuable airdrops in December. If you’re eager to secure $ME, buy it early on KuCoin where pre-market trading has shown significant interest. Buy $ME on KuCoin pre-market now.   2. Movement Network’s MoveDrop Airdrop Source: Movement Network   Movement Network’s MoveDrop rewards early adopters and contributors with $MOVE tokens. Participants include test network builders, Road to Parthenon contributors, and community members. Registration for the airdrop closes on December 2 at 2:00 p.m. UTC, so act fast if you qualify.   Tokenomics: Total Supply: 10 billion MOVE tokens Airdrop Allocation: 10% (1 billion tokens) Initial Circulation: 22% Ecosystem Reserve: 40% Early Contributors and Investors: 17.5% and 22.5%, respectively The $MOVE token drives governance and liquidity across the Movement Network. Eligible users can claim tokens on Ethereum or wait for the mainnet launch for a 1.25x multiplier. Future events will distribute even more $MOVE tokens, making this a project to watch for long-term opportunities. Buy $MOVE on KuCoin’s pre-market now.   3. Suilend’s SEND Token Airdrop Source: X   Suilend, the Sui blockchain’s eco-lending protocol, will launch its $SEND token on December 12, 2024. This airdrop rewards early adopters and users who earned Suilend Points or Rootlets.   Tokenomics: Total Supply: 100 million SEND tokens Airdrop Allocation: 23.333% (23.333 million tokens) Early Adopters: 2% (2 million tokens) Suilend Points Holders: 18% (18 million tokens) Rootlets Allocation: 3.333% (3.333 million tokens) Early users: users before the launch of Suilend Points in May 2024 will receive 2% of SEND. Suilend Points: account for 18% of the total SEND supply. Rootlets: distributed in three airdrops, totaling 3.333%, with each airdrop being 1.111%, the first airdrop will be available for claim upon release. Capsule NFTs: account for 0.3%, allocated based on rarity (Common, Rare, and Ultra Rare each 0.1%). Bluefin League holders: receive 0.05% of SEND. Bluefin SEND-PERP traders: receive 0.125% of SEND. Ecological NFTs and MEMECOINS: fixed allocation by address. With $SEND, users gain access to governance and utility functions in the Suilend ecosystem. The allocation checker is live, allowing users to verify their eligibility and claim tokens once the airdrop launches.   4. XION Airdrop: Believe in Something XION, the first walletless Layer 1 blockchain, is airdropping 10 million $XION tokens. This airdrop celebrates contributors who engaged with XION products and ecosystems throughout the year. With gasless transactions, fiat integration, and interoperability across 50+ networks, XION is designed for mass-market adoption. The snapshot date is expected to happen on July 15, 2024.   Tokenomics and Key Dates before the Airdrop: Total Supply: 200 million XION tokens Airdrop Allocation: 5% (10 million tokens) Ecosystem and User Reserve: 69% Snapshot Dates: March 6 and July 15, 2024     Join the online startup competition and create standout consumer-ready applications from Nov 21st to Dec 15th for a shot at winning your share of a $40,000 prize pool and millions in funding opportunities.   According to their official website, Believathon Prizes Include:   The Believathon is intended for serious entrepreneurs looking to grow their business idea into a reality, with the opportunity to join XION's incubation program and tap into additional ecosystem support. It will support the next generation of user-friendly Web3 projects launching products utilizing XION’s abstraction stack, with prizes including: Prize Pool: $40,000 Best Overall: $8,000 Track 1st Place: $5,000 Track 2nd Place: $2,500 Bonus: Best Mobile Responsiveness: $2,000 Millions in pre-seed funding opportunities for select hackathon winners Fast-track access into XION’s upcoming ACCELERAXION program Opportunity to deploy to XION’s mainnet, becoming an early believer in the fast-growing ecosystem.   Source: Cryptorank.io   Connect your wallet, do the tasks, and earn your qualification to participate in the airdrop. $XION powers governance, staking, and transaction functions in its ecosystem. This Layer 1 blockchain is a game-changer, enabling Web3 adoption at scale. Don’t miss the chance to buy $XION on KuCoin pre-market to secure your stake in this groundbreaking project.   5. Goats Airdrop: Gaming Meets NFTs Source: X   Goats combines NFTs and play-to-earn gaming, offering token holders rewards they can stake, trade, or use in its gaming ecosystem. The Goats airdrop targets early adopters and community contributors.   Since its launch, GOATS has rapidly gained momentum, building a strong community within Telegram. The platform now boasts over 3 million Daily Active Users (DAUs), making it one of the most active Telegram mini-apps. In addition, GOATS has achieved a remarkable 17 million Monthly Active Users (MAUs), with millions engaging with the platform each month. One of its standout features is the distribution of $TON rewards, offering real earning potential through daily activities and mini-games. GOATS' rapid rise has created significant buzz in the Telegram gaming community, combining both fun and financial opportunities for its users. Its massive user base, along with a diverse range of games, has helped GOATS become a major player in the memecoin sector.   Tokenomics: Total Supply: 500 million GOAT tokens Airdrop Allocation: 10% (50 million tokens) Ecosystem Development and Rewards: 40% Initial Circulation: 20% Community Reserve: 15% How to Maximize Rewards: Achieve the Highest GOATS Pass Rank Five ranks are available, with rank 4 indicated as advanced. Higher ranks may unlock superior perks and larger token allocations. Perks are to be announced, but higher ranks typically lead to exclusive rewards. Boost Your $GOATS Token Balance Larger balances result in increased airdrop distributions. Participate in platform activities and complete missions to enhance your holdings before the distribution.     Additional Features Points System: Earn points through activities to improve your rank and qualify for exclusive rewards or perks. Listings: $GOATS listing and token launch is set for December, 2024. Stay updated on exchanges where $GOATS will be available like KuCoin, offering opportunities to buy more tokens or trade your holdings.  Why Prepare for the GOATS Airdrop? The GOATS airdrop combines community engagement with incentive-based rewards, allowing participants to gain new assets with minimal effort. By increasing your balance, earning points, and improving your GOATS Pass rank, you can maximize your allocation. This event is a significant opportunity to diversify your crypto holdings and benefit from the dynamic blockchain ecosystem. Goats leverages NFTs and blockchain gaming to create a dynamic, rewarding experience. With tokens available for pre-market trading on KuCoin, this is an ideal opportunity for gamers and NFT enthusiasts to secure their stake in an innovative project.   6. U2U Network  U2U Network, a Layer 1 blockchain tailored for Decentralized Physical Infrastructure Networks (DePIN), has unveiled its inaugural airdrop campaign. This initiative aims to reward early supporters and active participants within the U2U ecosystem. The specific date for claiming the $U2U tokens will be announced soon, so participants are encouraged to stay updated through official channels.   U2U Network’s Airdrop Season 1 rewards early supporters with $U2U tokens for their contributions to the ecosystem. Claimable date for the $U2U airdrop tokens will be announced soon. The snapshot deadline for DePIN Alliance and U2DPN users is yet to be finalized—there’s still time to qualify.    Source: U2U Network   Key Features of U2U Network EVM Compatibility: Facilitates seamless onboarding of decentralized applications (dApps) onto the U2U Chain.   Helios Consensus: Built atop a Directed Acyclic Graph (DAG), this consensus algorithm allows the network to handle up to 72,000 transactions per second (TPS) with a finality time of 650 milliseconds.   U2U Subnet: Enables dApps to operate on modular subnets, reducing reliance on the mainnet and enhancing scalability.   What Is the $U2U Token? $U2U is the native utility token of the U2U Network ecosystem, serving multiple functions:   Staking Rewards: Validators earn $U2U tokens for securing the network.   Transaction Fees: Used for transactions within the U2U Network.   Governance: Empowers holders to participate in decentralized decision-making processes.   $U2U Tokenomics Source: U2U Network docs   The $U2U token is the native coin of the U2U Network, with a total supply of 10 billion tokens. A significant portion of the supply is allocated to support the network’s DePIN initiatives, particularly rewarding subnet node owners and operators.   Reward Distribution for DePIN Subnet Nodes 10% of the total supply, equivalent to 1 billion $U2U tokens, is reserved as rewards for DePIN Subnet Node owners and operators.   How to Participate in the U2U Airdrop To participate in the U2U airdrop, start by verifying your eligibility based on the outlined criteria. Stay updated by monitoring official U2U Network channels for the announcement of the claim date. Once the airdrop claim date is revealed, follow the provided instructions to claim your $U2U tokens.   Who Is Eligible for the U2U Network Airdrop?  Solar Adventure Participants: Users who have collected the full set of 8 Planet NFTs—Venus, Mars, Neptune, Uranus, Earth, Mercury, AZ, and Jupiter—through the Solar Adventure are eligible for the airdrop.   "We Are Not Human" Campaign Contributors: Participants who earned all 12 OATs in the collaborative "We Are Not Human" Galxe campaign, which involved partners like io.net and GaiaNet, qualify for rewards.   DePIN Alliance App Users: Users who have reached Level 25 or higher by completing tasks such as connecting X accounts and joining the U2U Telegram group are eligible.   U2DPN Users: Participants who have generated at least one session, linked their mainnet wallet, and completed a token withdrawal in the U2DPN app qualify for the airdrop.   Why Participate in the U2U Airdrop? This $U2U airdrop offers early supporters a unique opportunity to become integral members of the U2U Network ecosystem. By participating, you gain access to the network's innovative DePIN solutions and contribute to the growth of a decentralized future.   The "Catch The Wave: U2U Network’s Airdrop Season 1" marks a significant milestone in U2U Network's mission to enhance blockchain scalability and real-world application integration. Participants are advised to stay tuned for updates on the claim date and to engage with the U2U community through official channels.   This Is Not Investment Advice Airdrops offer exciting opportunities to earn tokens but carry inherent risks. Always conduct thorough research before participating. This guide is for informational purposes only and not financial advice.   Conclusion December’s airdrops highlight the diversity and innovation in blockchain. With opportunities like Magic Eden’s $ME token, Movement Network’s $MOVE, Suilend’s $SEND, XION’s $XION, and Goats’ $GOAT, these projects showcase the potential of NFTs, DeFi, and blockchain gaming. Take advantage of pre-market trading on KuCoin to secure $ME, $XION, and $GOAT tokens and get ahead in these transformative ecosystems. Stay informed, claim your rewards, and explore the future of decentralized finance and gaming.   Read more:   November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide October’s Top Crypto Airdrops: X Empire, TapSwap & MemeFi and More

December 2024 is shaping up to be a significant month for the cryptocurrency market, with over $5 billion worth of tokens set to be unlocked. High-profile projects like Cardano (ADA), Jito (JTO), and Aptos (APT) lead the charge, alongside several other notable blockchain initiatives. These token unlocks may influence market dynamics, creating both challenges and opportunities for investors. Below is a detailed overview of the most important token unlocks and their potential market impact.   Key Highlights December 2024 will see $5.08 billion worth of tokens unlocked, with $1.99 billion classified as cliff unlocks. Major projects include Jito, Cardano, Aptos, Sui, Arbitrum, and Optimism. Token unlocks could increase market volatility and present buying opportunities. Sui (SUI) – December 1 Source: Tokenomist    Tokens Unlocked: 64.19 million SUI Value: $221.47 million Percentage of Supply: 2.26% On December 1, Sui initiated its largest cliff unlock to date, introducing 64.19 million SUI tokens into circulation. This release, representing 2.26% of the token's total supply, is valued at $221.47 million. As part of Sui’s monthly unlock schedule, the distribution aims to strengthen ecosystem initiatives and reward early contributors. However, this significant addition to the circulating supply could temporarily increase selling pressure.   Read more: Top Projects in the Sui Ecosystem to Watch   Cardano (ADA) – December 5 Source: Tokenomist   Tokens Unlocked: 18.53 million ADA Value: $20 million Percentage of Supply: <0.1% Purpose: Staking and treasury funding reserves Cardano has shown strong performance recently, with ADA trading above $1 for the first time in over two years. This modest unlock is unlikely to disrupt the market but will be closely watched as it aligns with Cardano’s rising momentum.   Read more: Top 15 Layer-1 (L1) Blockchains to Watch   Jito (JTO) – December 7 Source: Tokenomist   Tokens Unlocked: 135.71 million JTO Value: $521 million Percentage of Supply: 103% Purpose: Core contributors and investors This is the largest unlock of the month, potentially doubling Jito’s circulating supply. The Solana-based DeFi project has shown resilience, with JTO trading near $3.8 recently. Investors should monitor Jito’s ecosystem growth to assess its ability to absorb this supply.   Read more: Restaking on Solana (SOL): A Comprehensive Guide   Aptos (APT) – December 11 Source: Tokenomist   Tokens Unlocked: 11.31 million APT Value: $153 million Percentage of Supply: 2% Distribution: Foundation: $17.56 million Community: $42.28 million Core Contributors: $52.13 million Investors: $36.98 million Aptos, known for its scalability and security, will distribute tokens to various stakeholders. This release could introduce short-term selling pressure but may also attract buyers looking for lower entry points.   Other Significant Token Unlocks to Watch in December   Neon (NEON) – December 7 Source: Tokenomist   Tokens Unlocked: 53.91 million Value: $22.2 million Percentage of Supply: 45% Neon’s Ethereum Virtual Machine (EVM) compatibility on Solana positions it as a key player bridging the two ecosystems. However, such a large unlock poses risks of increased volatility.   Read more: Solana vs. Ethereum: Which Is Better?   Polyhedra Network (ZKJ) – December 14 Source: Tokenomist   Tokens Unlocked: 17.22 million Value: $19.8 million Percentage of Supply: 28.5% Known for its privacy-centric zkBridge, Polyhedra’s unlock could create selling pressure unless it showcases robust adoption for its zero-knowledge proof technology.   Read more: Top Zero-Knowledge (ZK) Crypto Projects   Arbitrum (ARB) – December 16 Source: Tokenomist   Tokens Unlocked: 92.65 million ARB Value: $88.80 million Percentage of Supply: 2.33% Arbitrum will unlock 92.65 million ARB tokens on December 16, accounting for 2.33% of its total circulating supply. Valued at approximately $88.80 million, the unlocked tokens will be allocated to team members, future team members, advisors, and investors. This Layer-2 solution for Ethereum continues to focus on scalability and ecosystem expansion, which could offset potential price fluctuations caused by the token unlock.   Read more: Top Ethereum Layer-2 Crypto Projects to Know   Space ID (ID) – December 22 Source: Tokenomist   Tokens Unlocked: 78.49 million Value: $35.1 million Percentage of Supply: 18% This unlock focuses on community expansion, aligning with Space ID’s goal of building decentralized identity solutions.   Read more: Best Decentralized Identity (DID) Projects to Watch   Immutable (IMX) – December 27 Source: Tokenomist   Tokens Unlocked: 24.52 million Value: $30 million Percentage of Supply: 1.45% Immutable, a leader in NFT and blockchain gaming, will release tokens to strengthen its platform. This relatively small unlock is expected to have minimal market impact.   Optimism (OP) – December 31 Source: Tokenomist   Tokens Unlocked: 31.34 million OP Value: $75.85 million Percentage of Supply: 2.50% Optimism’s December 31 token unlock will release 31.34 million OP tokens, valued at $75.85 million. This represents 2.50% of the total circulating supply. The unlocked tokens will be distributed among investors and core contributors. As a leading Ethereum Layer-2 scaling solution, Optimism’s ongoing development and ecosystem activity may play a key role in mitigating the impact of this token unlock.   What to Expect from December’s Token Unlocks Here’s how the token unlocks listed above could impact the crypto market in the coming weeks:    Increased Volatility December’s large-scale token unlocks, especially cliff unlock events, are likely to introduce significant supply into the market. This influx may create downward price pressure, especially for tokens with weaker demand. However, projects like Cardano (ADA) and Aptos (APT), supported by strong fundamentals and active ecosystem growth, may mitigate the impact through sustained development and adoption.   Opportunities for Strategic Entry For long-term investors, token unlocks can provide an opportunity to accumulate assets at discounted prices. Monitoring key developments such as project updates, new partnerships, and adoption rates will help identify tokens with growth potential. These factors can indicate whether the market is absorbing the increased supply effectively.   Potential Market Leaders Projects with a clear vision, robust utility, and strong community backing are better equipped to handle the supply influx. Tokens like Jito (JTO), Sui (SUI), and Arbitrum (ARB) are positioned as potential winners due to their active ecosystems and innovative use cases. On the other hand, tokens with limited demand or underdeveloped ecosystems may struggle to maintain their value in the face of increased supply.   Conclusion December 2024 marks a pivotal month for the crypto market, with $5.08 billion worth of tokens entering circulation. While token unlocks often result in increased volatility, they also offer strategic entry points for savvy investors. Staying informed and closely tracking market conditions will be essential to navigating this dynamic environment effectively.   Stay updated on token unlocks and other market trends with KuCoin News.

U2U Network, a Layer 1 blockchain tailored for Decentralized Physical Infrastructure Networks (DePIN), has unveiled its inaugural airdrop campaign. This initiative aims to reward early supporters and active participants within the U2U ecosystem. The specific date for claiming the $U2U tokens will be announced soon, so participants are encouraged to stay updated through official channels.   Quick Take U2U Network’s Airdrop Season 1 rewards early supporters with $U2U tokens for their contributions to the ecosystem. Claimable date for the $U2U airdrop tokens will be announced soon. The snapshot deadline for DePIN Alliance and U2DPN users is yet to be finalized—there’s still time to qualify.  What Is U2U Network (U2U)? U2U Network is a DAG-based, EVM-compatible blockchain designed to provide infinite scalability, making it ideal for DePIN projects. By leveraging Subnet technology, U2U Network enables decentralized real-world applications to operate efficiently and securely.   Source: U2U Network   Key Features of U2U Network EVM Compatibility: Facilitates seamless onboarding of decentralized applications (dApps) onto the U2U Chain. Helios Consensus: Built atop a Directed Acyclic Graph (DAG), this consensus algorithm allows the network to handle up to 72,000 transactions per second (TPS) with a finality time of 650 milliseconds. U2U Subnet: Enables dApps to operate on modular subnets, reducing reliance on the mainnet and enhancing scalability. What Is the $U2U Token? $U2U is the native utility token of the U2U Network ecosystem, serving multiple functions:   Staking Rewards: Validators earn $U2U tokens for securing the network. Transaction Fees: Used for transactions within the U2U Network. Governance: Empowers holders to participate in decentralized decision-making processes. $U2U Tokenomics Source: U2U Network docs   The $U2U token is the native coin of the U2U Network, with a total supply of 10 billion tokens. A significant portion of the supply is allocated to support the network’s DePIN initiatives, particularly rewarding subnet node owners and operators.   Reward Distribution for DePIN Subnet Nodes 10% of the total supply, equivalent to 1 billion $U2U tokens, is reserved as rewards for DePIN Subnet Node owners and operators.   Distribution Plan: Year 2: 500 million $U2U distributed, reaching 500 million accumulated rewards. Year 4: 250 million $U2U distributed, totaling 750 million rewards. Year 6: 125 million $U2U distributed, reaching 875 million accumulated rewards. Year 8: 62.5 million $U2U distributed, totaling 937.5 million rewards. Year 10: 31.25 million $U2U distributed, reaching 968.75 million accumulated rewards. Year 12: 15.63 million $U2U distributed, totaling 984.38 million rewards. Year 14: 7.81 million $U2U distributed, reaching 992.19 million accumulated rewards. Year 16: 3.91 million $U2U distributed, totaling 996.09 million rewards. Year 18: 1.95 million $U2U distributed, reaching 998.05 million accumulated rewards. Year 20: 976,563 $U2U distributed, totaling 999.02 million rewards. Beyond Year 20: Distribution continues to decrease, gradually nearing the 1 billion $U2U allocation cap. How to Participate in the U2U Airdrop To participate in the U2U airdrop, start by verifying your eligibility based on the outlined criteria. Stay updated by monitoring official U2U Network channels for the announcement of the claim date. Once the airdrop claim date is revealed, follow the provided instructions to claim your $U2U tokens.   Who Is Eligible for the U2U Network Airdrop?  Solar Adventure Participants: Users who have collected the full set of 8 Planet NFTs—Venus, Mars, Neptune, Uranus, Earth, Mercury, AZ, and Jupiter—through the Solar Adventure are eligible for the airdrop. "We Are Not Human" Campaign Contributors: Participants who earned all 12 OATs in the collaborative "We Are Not Human" Galxe campaign, which involved partners like io.net and GaiaNet, qualify for rewards. DePIN Alliance App Users: Users who have reached Level 25 or higher by completing tasks such as connecting X accounts and joining the U2U Telegram group are eligible. U2DPN Users: Participants who have generated at least one session, linked their mainnet wallet, and completed a token withdrawal in the U2DPN app qualify for the airdrop. Why Participate in the U2U Airdrop? Source: U2U Network blog   This $U2U airdrop offers early supporters a unique opportunity to become integral members of the U2U Network ecosystem. By participating, you gain access to the network's innovative DePIN solutions and contribute to the growth of a decentralized future.   Closing Thoughts The "Catch The Wave: U2U Network’s Airdrop Season 1" marks a significant milestone in U2U Network's mission to enhance blockchain scalability and real-world application integration. Participants are advised to stay tuned for updates on the claim date and to engage with the U2U community through official channels.   Read more: XION “Believe in Something” Airdrop, with 10 Million $XION Tokens to Claim

Bitcoin is currently priced at $97,185 with +0.82% increase from the last 24 hours, while Ethereum is at $3,708, up by +0.14% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.3% long versus 49.7% short positions. The Fear and Greed Index, which measures market sentiment, was at 81 yesterday and is at the Extreme Greed level at 80 today.    Today in crypto, Ripple’s XRP overtakes Solana’s market cap, NFTs surge by 57.8% in monthly sales for November as digital collectibles regain momentum and surged to $562 million in sales, and Bitcoin achieves an unprecedented $26,400 price gain in a single monthly candle. These records highlight the growing strength of blockchain markets.The crypto market is surging with milestones across trading, DeFi, and blockchain innovation.    What’s Trending in the Crypto Community?  Ethereum Foundation researcher: Ethereum L1 will gradually improve in the future, with significant performance enhancements for L2 within months Ethereum price rebound drives NFT market recovery, with November NFT sales reaching a six-month high at $562 million. Pump.fun has generated $368 million in total fee revenue since launch, with a total of 4,038,775 tokens deployed.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change XRP/USDT +26.11% AIOZ/USDT +16.55% HBAR/USDT +44.65%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Bitcoin’s Historic $26,400 Monthly Gain BTC/USD 1-month chart. Source: Cointelegraph/TradingView   Bitcoin posted a record-breaking gain of $26,400 in November. It closed the month at $96,400. This 37% surge marked its second-best month of 2024. Daily trading volumes exceeded $42 billion and peaked at $55 billion on November 30. Bitcoin dominance rose to 54.7% from 52% at the start of the month.   Bitcoin futures open interest climbed to $63 billion from $50 billion in October. This reflects rising institutional confidence. Analysts identified $98,500 as a key resistance level. Breaking this point could push Bitcoin above $100,000.   Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles   Source: Carl Menger on X   Over 9 million new wallets were created in November. The month’s rally is driven by regulatory optimism and growing adoption. Analysts predict Bitcoin could hit $100,000 by year-end.   Read more: A Beginner’s Guide to Buying Your First Bitcoin on KuCoin   BTC/USD monthly % gains (screenshot). Source: CoinGlass   XRP Overtakes Solana with $122 Billion Market Cap Cryptocurrency rankings by market cap. Source: CoinMarketCap   Ripple’s XRP reached a market cap of $122 billion on December 1, surpassing Solana’s $111.9 billion to become the fourth-largest cryptocurrency. XRP gained 79% from October’s $1.22 low to hit $2.19. This is its highest price in seven years.   Ripple secured three partnerships with financial institutions managing over $400 billion in assets. Investors expect approval of an XRP ETF in the U.S. and Ripple's RLUSD stablecoin in New York.   Daily XRP trading volume surged to $7.3 billion on December 1 from a $4.1 billion average in October. Active wallet addresses rose 45% to 1.8 million.   While Solana dropped to fifth place, it held $9.2 billion in total value locked (TVL). Solana’s DEXs hit $100 billion in trading volume, driven by renewed memecoin activity.   Read more: Will Gensler's Resignation Propel an XRP Rally as Bitcoin Nears $100K?    NFT Sales Reach $562 Million in November NFT sales volume from May to December 2024. Source: CryptoSlam   NFT sales reached $562 million in November. This is a 57.8% increase from October’s $356 million. It is the highest monthly sales volume since May’s $599 million. Total NFT sales for 2024 now exceed $4.9 billion.   CryptoPunks led the market recovery. Its floor price rose from 26.3 ETH ($97,000) on November 1 to 39.7 ETH ($147,000) by November 30. This marks a 51% gain. Bored Ape Yacht Club saw a 42% rise in average sale price. Azuki NFTs increased 38%.   OpenSea and Blur recorded $1.8 billion in combined trading volume. Blur accounted for 58% of this activity with aggressive incentives. Unique buyers reached 732,000 in November, up from 611,000 in October. Active wallets rose by 34% to 1.2 million.   Despite gains, the NFT market remains below its March peak of $1.6 billion. Analysts link the recovery to broader crypto market momentum and rising interest in premium collections.   Read more: Magic Eden (ME) Airdrop Eligibility and Listing Details to Know    Conclusion  November was a historic month for crypto. Bitcoin gained $26,400 setting a new monthly record. XRP rose to $122 billion in market cap, overtaking Solana. NFTs hit $562 million in sales showcasing renewed interest in digital assets.   As December begins markets prepare for Bitcoin’s push toward $100,000 XRP’s ETF approval prospects and further NFT growth. Blockchain innovation and adoption continue to redefine financial markets.   Read more: XION “Believe in Something” Airdrop, with 10 Million $XION Tokens to Claim

TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024.   Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 29   Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks:   Fan Token Secrets Part 3Answer: 2AsQi  Fan TokensAnswer: 7dW$# Texas Considers Bitcoin ReserveAnswer: KA5Q4 Made $1,000 From SpotifyAnswer: 52mo Profit From AlibabaAnswer: 96v2 Turn Your Art Into CashAnswer: 4lo4 Earn 2.4M TapSwap Coins with Secret Video Codes Daily Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s Updated Skill-Based Gaming Platform TapSwap is revolutionizing Web3 gaming by rewarding players for their skills rather than relying on chance or pay-to-win mechanics. Using its native token, TAPS, the platform offers a fair and transparent monetization system where players can compete in skill-based games by paying a token entry fee. The upcoming Token Generation Event (TGE) will further enhance earning opportunities. TapSwap’s user-friendly interface includes features like games, leaderboards, and achievements. To help players improve, the platform also offers a training mode that allows users to practice without financial risk. Initially focusing on proprietary games, TapSwap plans to onboard third-party developers by 2025, introducing a profit-sharing model to ensure a steady flow of high-quality content while fostering a thriving ecosystem.   Drawing inspiration from Web2 platforms like Skillz, which has 3.2 million monthly users, TapSwap aims to achieve 5 million monthly active users and $500 million in projected revenue. With over 6 million social media followers, the TapSwap community is growing rapidly, demonstrating strong interest as the platform approaches key milestones. Led by founder Naz Ventura, the team has worked to stabilize the TAPS token value, addressing issues of volatility seen in traditional tap-to-earn models. By prioritizing skill-based monetization and sustainability, TapSwap is building a loyal, engaged player base while redefining the gaming landscape.   Conclusion TapSwap’s Web3 platform is a game-changer, combining skill-based rewards with a developer-friendly ecosystem. Its innovative approach drives sustainable growth, rewarding players for their abilities rather than relying on chance. With the TGE on the horizon and daily opportunities for engagement, TapSwap stands out as a leader in the Web3 gaming space. Stay connected for updates and join the vibrant community to help redefine the future of gaming!   Read more: TapSwap Daily Video Codes for November 28, 2024

XION, the pioneering walletless Layer 1 blockchain, has unveiled its "Believe in Something" airdrop, distributing up to 5% of its total $XION token supply to early supporters and community members. This initiative honors those who have steadfastly believed in XION's mission to make Web3 accessible to all.   Quick Take Total airdrop allocation of 10,000,000 $XION tokens, representing 5% of the total supply. 69% of the airdrop is designated for the XION community, including testnet users, builders, and active Discord participants. 31% of the airdrop acknowledges contributors from over 10 ecosystems, such as SPX6900, Gigachad, Based Brett token holders, Mocaverse’s MocaID participants, and Berachain NFT holders. What Is XION (XION)?  XION is the first walletless Layer 1 blockchain designed for mainstream adoption, aiming to eliminate technical barriers and provide seamless Web3 experiences for all users. By leveraging chain abstraction, XION enables developers to build intuitive applications that cater to both crypto-native and non-crypto users alike.   What Is the XION Airdrop, “Believe in Something”? Source: XION blog   The XION airdrop, titled "Believe in Something: The First Spark," is a token distribution campaign celebrating early supporters of the XION ecosystem. With a total allocation of 10 million $XION tokens (5% of the total supply), this airdrop aims to reward individuals and communities that demonstrated belief in XION's mission to make Web3 accessible to everyone.   This initiative not only recognizes active contributors within the XION community but also extends gratitude to participants from partner ecosystems who share XION's vision for a decentralized future.   XION (XION) is now available for pre-market trading on KuCoin. Trade $XION early to secure your position in the ecosystem and gain insight into $XION prices ahead of the official spot market launch. When Is the XION Airdrop?  To ensure a fair distribution, multiple snapshots were taken throughout the year, notably on March 6 and July 15, 2024. This method captured a diverse array of contributors, with thorough analyses of both on-chain and off-chain data to assess genuine engagement.   Key Dates to Remember Snapshots Taken: March 6, 2024, and July 15, 2024These snapshots recorded the activity and contributions of eligible users across multiple ecosystems. Airdrop Checker Launch: November 12, 2024The eligibility checker is live at XION Airdrop Checker, allowing users to verify their participation. Mainnet Launch: Expected in late December 2024Eligible users can claim their $XION tokens once the XION mainnet goes live. Who Is Eligible for the $XION Airdrop?  XION Community Members: Active testnet users, builders, and Discord members who have significantly contributed to the ecosystem. Partner Ecosystem Participants: Individuals holding specific tokens or NFTs from partner communities, with eligibility determined by holding durations and engagement levels. How to Participate in the XION Airdrop Verify Eligibility: Visit the XION Airdrop Checker. Enter your wallet address or connect your Discord account to check your eligibility. Understand the Criteria: Eligibility is based on your engagement with the XION ecosystem or partner communities. Testnet participants, token holders from specific projects, and active community members are included. Prepare for Claiming: Ensure your wallet is ready for the mainnet launch. Wallets connected during the testnet phase may not need to relink. Eligible participants can claim their tokens directly via the XION platform after the mainnet goes live. Participate in Staking and Governance: Once claimed, $XION tokens can be staked to earn rewards or used for governance decisions, further supporting the ecosystem. $XION Tokenomics: Empowering Web3 Adoption The $XION token drives the XION ecosystem, supporting network operations, governance, and rewards. With a total supply of 200 million tokens, its distribution ensures sustainable growth and community empowerment. The XION token utility includes:    Network Fees: Power walletless transactions. Staking Rewards: Secure the network and earn incentives. Governance Rights: Vote on protocol upgrades and decisions. Ecosystem Utility: Medium of exchange and liquidity support. Token Allocation XION token allocation | Source: XION blog   Community & Ecosystem (69%): Active Rewards (22.5%): For testnet users and active contributors. Ecosystem Growth (15.2%): Grants for developers and creators. Airdrop (12.5%): 10 million tokens for the "Believe in Something" initiative. Builders & Partners (19.8%): For projects scaling in the ecosystem. Contributors (26.2%): Reserved for the team, advisors, and contractors, with vesting periods. Strategic Participants (23.6%): Tokens for early investors, subject to lock-ups. Tokens are released gradually over four years to ensure stability, decentralization, and sustainable growth, aligning with XION’s mission to make Web3 accessible for all.   Closing Thoughts  The XION airdrop marks a significant milestone in the project’s journey to make Web3 accessible and user-friendly. By rewarding early believers and contributors, XION reinforces its mission of fostering a decentralized, inclusive ecosystem. The "Believe in Something" initiative not only acknowledges the project’s dedicated community but also sets the stage for its highly anticipated mainnet launch.   As you prepare to claim your $XION tokens, ensure you follow official channels to avoid scams and fraudulent activities. Remember, participating in any crypto-related event involves risks. Token values can be highly volatile, and market conditions may impact their future performance. Always evaluate your risk tolerance and conduct thorough research before engaging with digital assets.   Read more: Magic Eden (ME) Airdrop Eligibility and Listing Details to Know

Movement Network, an Ethereum Layer 2 solution, has announced its highly anticipated $MOVE token airdrop, “MoveDrop.” The program, designed to reward early users and contributors, will distribute 10% of the total $MOVE token supply—equivalent to 1 billion tokens—across eligible participants. Registration is open until December 2, 2024, and participants can claim their rewards after the Token Generation Event (TGE), the date for which is yet to be announced.    Quick Take 1 billion $MOVE tokens (10% of total supply) allocated via MoveDrop airdrop campaign for early users and community members. The snapshot for the MOVE airdrop was taken on November 23, 2024, while the registration for the airdrop ends on December 2, 2024 at 2 PM UTC.  Users can claim on Ethereum Mainnet or wait to claim on the Movement Network Mainnet for a 1.25x bonus. What Is Movement Network? Movement Network is a next-generation Ethereum Layer 2 blockchain built on the Move programming language. It enhances Ethereum with high transaction throughput, superior security, and near-instant finality. With over 200 teams building on its testnet, Movement Network is poised to redefine blockchain scalability and security.   Key Features of Movement Network Move Programming Language: Offers unparalleled security and efficiency for developers. Public Mainnet: Launching soon, settling transactions directly on Ethereum. Cross-Ecosystem Growth: Bridging Ethereum’s ecosystem with Move’s innovative features. What Is the $MOVE Token? $MOVE is the native utility token of the Movement Network ecosystem. Represented as an ERC-20 token on Ethereum, it will also power the Movement Network’s native blockchain upon Mainnet launch.   Movement (MOVE) Token Utility Staking Rewards: Validators earn $MOVE for securing the network. Gas Fees: Used for transactions on Movement Network. Governance: Enables decentralized decision-making. Collateral and Payments: Powers native Movement Network applications. Movement (MOVE) is now available for pre-market trading on KuCoin. Trade early to secure your position and preview $MOVE prices before the official launch. $MOVE Tokenomics MOVE token allocation: Source: Movement blog   Maximum Supply: 10 billion tokens Community Allocation: 60% reserved for ecosystem and community initiatives. Initial Circulation: ~22% of tokens available post-TGE. Who Is Eligible for the Movement (MOVE) Airdrop?  The MoveDrop program rewards early contributors through several initiatives:   Road to Parthenon: Participants who completed transactions or quests on Movement Testnet are eligible. Rewards are based on transaction count (up to 300) and quest completions. Anti-sybil measures apply. Battle of Olympus: Hackathon winners and runners-up who contributed to the Movement ecosystem will receive allocations. Gmove Campaign: Randomly selected users who tweeted “gmove” and participated in the #gmovechallenge will receive rewards. Selected Communities: Key contributors from Discord roles, ambassador programs, and other groups are eligible. Testnet Builders: Teams that built on Movement Testnet will receive allocations based on their contributions. How to Register for MoveDrop To claim your $MOVE tokens, follow these steps:   Check Eligibility: Ensure your wallet is eligible based on the November 23 snapshot. Register on MoveDrop Website: Visit the MoveDrop official website to register before December 2, 2024. Claim Tokens: Claim on Ethereum Mainnet after MOVE TGE. Wait for Movement Mainnet launch to claim a 1.25x bonus. Why Join the MoveDrop? Movement Network’s MoveDrop offers unparalleled opportunities for early adopters:   Generous Allocation: A 10% initial airdrop allocation rewards loyal users. Bonus Claim: Mainnet claim offers a 1.25x multiplier. Strategic Utility: $MOVE token’s staking, governance, and transaction functionalities ensure long-term value. When Is the Movement (MOVE) Airdrop?  The snapshot for eligibility was taken on November 23, 2024. Registration for the airdrop is open until December 2, 2024, at 2 PM UTC. Participants can claim their tokens following the upcoming Token Generation Event (TGE), with the exact date to be announced. For the latest updates, please refer to official Movement Network channels.   Closing Thoughts The MoveDrop airdrop represents a significant milestone in Movement Network’s efforts to improve Ethereum scalability and security. It provides early adopters with an opportunity to claim $MOVE tokens and actively participate in shaping a decentralized and efficient Layer 2 ecosystem. However, as with any blockchain project, participation involves risks, including market volatility and potential security concerns. Always verify details through official Movement Network channels and exercise caution when interacting with third-party platforms.   Read more: Magic Eden (ME) Airdrop Eligibility and Listing Details to Know

Bitcoin is currently priced at $95,642 with -0.22% decrease from the last 24 hours, while Ethereum is at $3,579, down by -2.04% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.8% long versus 50.2% short positions. The Fear and Greed Index, which measures market sentiment, was at 77 yesterday and is at the Extreme Greed level at 78 today. The crypto market is surging with milestones across trading, DeFi, and blockchain innovation.    Bitcoin futures open interest has reached $60.9 billion, reflecting a 56% surge driven by post-election optimism and heightened institutional demand on platforms like CME. Recent market data shows robust trading volume, emphasizing Bitcoin's growing appeal in regulated financial markets. Ethereum maintained its upward momentum with a 5% weekly gain, supported by $90.1 million in ETF inflows and a 17.8% rise in the ETH/BTC ratio, indicating strengthened investor confidence. Uniswap recorded $38 billion in Layer 2 trading volume, a 12% increase since March, showcasing the rising popularity of efficient scaling solutions. Additionally, Bleap secured $2.3 million in funding to launch a payment app offering 13.2% APY on stablecoins and 2% cashback, highlighting innovation in decentralized finance.    What’s Trending in the Crypto Community?  BTC and ETH options contracts worth approximately $10.85 billion are set to expire. TON launched TON Teleport BTC, aiming to integrate Bitcoin liquidity with the TON ecosystem. Uniswap reached a new monthly trading volume high of $38 billion.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change ALGO/USDT +23% SAND/USDT +12.5% WLD/USDT +10.82%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Bitcoin Futures Boom $60.9 Billion Following Trump Victory Bitcoin futures open interest has surged since Donald Trump won the U.S. presidential election | Source: Coinglass   Since Donald Trump’s election victory on Nov. 5, Bitcoin futures open interest has surged from $39 billion to $60.9 billion. This represents a 56% increase in less than a month, according to Coinglass. The derivatives market has seen record activity, with many traders leveraging positions to capitalize on expected price movements.   Bitfinex analysts describe this growth as organic. They attribute it to market optimism surrounding Trump’s crypto-friendly policies. Significant trading activity occurred near the $94,000 mark, where large sitting orders were filled. Analysts observed a slight reduction in open interest as of Nov. 22 but consider this a normal pullback rather than a sign of market instability.   Bitcoin futures continue to dominate the market. Futures trading volume exceeded $100 billion in the last seven days, with 40% of trades occurring on Binance. Open interest now accounts for over 30% of Bitcoin’s $580 billion market capitalization, signaling significant trader interest.   Ethereum Outperforms Bitcoin as ETH/BTC Ratio Rises 17.8% Source: ETH ETF Flows The Block   Ethereum surged 5% on Nov. 27, reaching $3,600. The ETH/BTC pair climbed 17.8% over the past week to 0.0376. Analysts at QCP Capital predict further gains, with ETH likely to test the 0.04 level soon. This growth signals a capital rotation from Bitcoin to Ethereum, reflecting investor confidence in the Ethereum ecosystem.   Ethereum exchange-traded funds attracted $90.1 million in inflows on Nov. 27. This marked the fourth consecutive day of positive inflows, totaling $317.4 million for the month. The rising demand for ETH-based ETFs highlights renewed interest in Ethereum. Analysts project that ETH could retest its all-time high of $4,868, offering a 35.4% upside from current levels.   The global cryptocurrency market cap now stands at $3.4 trillion. Bitcoin accounts for 54.7%, while Ethereum holds 12.4%. ETH trading volume reached $28.5 billion in the last 24 hours, compared to Bitcoin’s $47 billion. Ethereum’s growing dominance is driven by its expanding ecosystem and increased adoption in decentralized finance and NFTs.   Uniswap Hits Record $38 Billion Layer 2 Volume  Uniswap saw record monthly volume in November across Ethereum L2s. Source: Dune Analytics   Uniswap recorded $38 billion in monthly volume across Ethereum Layer 2 networks in November, surpassing its previous high of $34 billion set in March. This represents a 12% increase, according to Dune Analytics. Layer 2 networks, including Arbitrum, Polygon, Base, and Optimism, contributed significantly to this growth.   Henrik Andersson, CIO at Apollo Crypto, attributed the rise in Uniswap’s volume to growing onchain yields and increased interest in decentralized finance. Ethereum-based DeFi platforms have seen a surge in activity as ETH/BTC gains strength. Analysts believe this could mark the beginning of a long-awaited DeFi outperformance phase.   Uniswap accounted for 62% of all Ethereum Layer 2 decentralized exchange volume in November. Arbitrum contributed $18 billion to this figure, while Optimism added $8.5 billion. Base and Polygon combined for $5.5 billion. This growth underscores the growing demand for efficient and cost-effective DeFi solutions.   Bleap Plans to Develop Blockchain Payments with Gasless Transactions Bleap, created by former Revolut executives, raised $2.3 million in pre-seed funding to develop a blockchain-based payment system. Built on the  Arbitrum Layer 2 network, Bleap enables gasless transactions and integrates a Mastercard debit card for seamless stablecoin payments.   Bleap supports multi-currency accounts with savings rates far exceeding traditional banks. Users can earn 13.2% APY on USD stablecoins and 5.3% APY on EUR stablecoins. The app also allows fee-free global transfers and offers 2% cashback on purchases.   Bleap’s smart wallet eliminates seed phrases by using encrypted backups and multi-party computation. It supports stablecoins like USDC, USDT, USDA, and EURA. Users can add funds from external wallets or purchase stablecoins directly through Bleap’s on and off-ramping service.   In the first half of 2024, stablecoins processed $5.1 trillion in transactions, approaching Visa’s $6.5 trillion over the same period. Analysts at Bitwise highlight stablecoins as crypto’s “killer use case.” Bleap’s system integrates this functionality with seamless real-world usability.   Bleap’s beta program targets EU users, with a full public launch planned for Q1 2025. The app aims to expand into Latin America later in the year. Bleap is also preparing for a proprietary token launch in 2026, which will further enhance its ecosystem.   Conclusion The cryptocurrency market is surging with activity. Bitcoin futures show record open interest, reflecting trader optimism fueled by Trump’s election. Ethereum is gaining ground, outpacing Bitcoin with rising ETF inflows and a strong ETH/BTC ratio. Uniswap’s record Layer 2 volumes highlight DeFi’s resurgence, while Bleap’s innovative blockchain banking platform sets new standards for usability. These developments underscore the rapid evolution of the crypto space, offering investors opportunities across trading, DeFi, and blockchain-based financial solutions.   Read more: Magic Eden (ME) Airdrop Eligibility and Listing Details to Know 

TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024.   Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 28   Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks:   Fan Token Secrets | Part 2Answer: 4&HgF Stake Ethereum With Lido | Part 4Answer: 03MP7 Fan TokensAnswer: 3DFR$ Faceless TikTok NichesAnswer: gb26 Earn $20K Reposting ContentAnswer: 8e7m Become A LeaderAnswer: 4p2o Earn 2.4M TapSwap Coins with Secret Video Codes Daily Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s Enhanced Skill-Based Gaming Platform TapSwap is transforming Web3 gaming by shifting the focus to rewarding players for their skills rather than relying on chance or pay-to-win strategies. Powered by its native token, TAPS, the platform provides a transparent and fair monetization system where players compete in skill-based games by paying a token entry fee. With an upcoming Token Generation Event (TGE) set to expand earning opportunities, TapSwap offers a user-friendly interface featuring games, leaderboards, and achievements. To support player development, a training mode allows users to practice and refine their skills without financial risk. Initially centered on proprietary games, TapSwap plans to welcome third-party developers by 2025 through a profit-sharing model, ensuring a continuous flow of fresh, high-quality content while fostering a vibrant ecosystem.   Inspired by Web2 platforms like Skillz, which has 3.2 million monthly users, TapSwap has set its sights on reaching 5 million monthly active users and $500 million in projected revenue. With a rapidly growing community of over 6 million social media followers, TapSwap is gaining traction as it approaches significant milestones. Led by founder Naz Ventura, the team has focused on stabilizing the value of TAPS to address the volatility challenges seen in traditional tap-to-earn models. By prioritizing skill-based monetization and long-term sustainability, TapSwap is building an engaged, loyal player base and redefining the Web3 gaming experience.   Conclusion TapSwap’s Web3 platform is a game-changer, combining skill-based rewards with a developer-friendly ecosystem. Its innovative approach drives sustainable growth, rewarding players for their abilities rather than relying on chance. With the TGE on the horizon and daily opportunities for engagement, TapSwap stands out as a leader in the Web3 gaming space. Stay connected for updates and join the vibrant community to help redefine the future of gaming!   Read more: TapSwap Daily Video Codes for November 27, 2024

Magic Eden, the leading multi-chain NFT and Bitcoin trading platform, has announced its highly anticipated $ME token airdrop scheduled on December 24, 2024. This campaign will distribute 12.5% of the total $ME token supply—valued at $390 million based on KuCoin pre-market trading prices—to eligible users. With the airdrop scheduled for the upcoming weeks, this initiative aims to reward loyal users while accelerating Magic Eden’s vision of universal digital ownership.   Quick Take Magic Eden’s ME token generation event (TGE) is set for December 10, 2024, with 125 million tokens worth $390 million available for claim. ME airdrop eligibility will be based on trading activity, cross-chain engagement, and user loyalty. Users can stake, trade, and earn $ME across multiple blockchains, including Solana, Bitcoin, and Ethereum. What Is Magic Eden, Solana’s Leading NFT Marketplace? Magic Eden is a cross-chain trading platform recognized as the #1 Solana NFT marketplace and Bitcoin DEX. The platform integrates assets from Bitcoin, Solana, Ethereum, and other ecosystems, enabling seamless trading through a user-friendly interface.   Key features of the Magic Eden NFT marketplace include:    Multi-Chain NFT Marketplace: Trades NFTs across seven blockchains, including Bitcoin and Ethereum. BTC DEX Leadership: Commands over 80% volume share for Bitcoin Runes and Ordinals. Onboarding Vision: Focused on making digital ownership accessible to over 1 billion crypto users. ME, the native token of Magic Eden, will enjoy several use cases, such as:  Staking Rewards: Users can stake their $ME tokens to earn additional rewards and contribute to the protocol’s sustainability. Governance Rights: $ME holders can participate in key protocol decisions, influencing the direction of Magic Eden’s development. Real Utility: As an SPL token, $ME enables cross-chain functionality, allowing users to trade NFTs and tokens seamlessly across blockchains like Solana, Ethereum, and Bitcoin. Magic Eden’s innovative approach positions it as a trailblazer in the decentralized trading landscape.   Learn more about the Magic Eden (ME) project and tokenomics.    What Is the Magic Eden Launchpad?  Magic Eden’s Launchpad is a cornerstone of its ecosystem, designed to empower NFT creators and projects by providing seamless tools for minting and launching collections.   Multi-Chain Minting: Creators can mint NFTs on multiple blockchains, including Solana and Ethereum, expanding their reach to diverse user bases. Full-Service Platform: The launchpad offers comprehensive support, including smart contract deployment, marketing tools, and community engagement strategies to ensure successful launches. User Accessibility: By integrating launchpad projects directly into the Magic Eden marketplace, the platform simplifies discovery and participation for collectors. The Magic Eden Launchpad has become a trusted solution for creators looking to launch high-quality NFT collections with minimal technical barriers.   An Introduction to the Magic Eden Wallet To streamline trading and improve user experience, Magic Eden introduced its proprietary Magic Eden Wallet, designed to function as a bridge for multi-chain transactions.   Seamless Integration: The wallet supports Bitcoin, Solana, Ethereum, and other blockchains, allowing users to store, manage, and trade NFTs and tokens within a single interface. Enhanced Security: With built-in protection features, the wallet safeguards users' private keys and ensures secure transactions. Ease of Use: The wallet’s intuitive design makes it simple for beginners and seasoned traders alike to navigate the complexities of cross-chain asset management. Rewards and Airdrop Claiming: The Magic Eden wallet is integral to the $ME token ecosystem, enabling users to claim and stake tokens, participate in airdrops, and earn rewards directly within the platform. The Magic Eden Wallet is central to the platform’s vision of onboarding the next billion crypto users, making cross-chain trading and asset management both accessible and secure.   How to Participate in the Magic Eden Airdrop Claiming your share of the $ME token rewards after the ME token launch on December 10, 2024, is straightforward. Here’s what you need to do:   Check Eligibility: Use the eligibility checker, available before the TGE, to verify your wallet’s status. Link Your Wallet: Connect your wallet to Magic Eden’s platform. Users linked during the $TestME claim won’t need to relink. Claim Tokens: On TGE day, eligible users can claim their allocation via the Magic Eden mobile dApp. Stake and Earn: Once claimed, stake your $ME tokens to earn additional rewards and contribute to the $ME ecosystem. $ME Tokenomics: Magic Eden’s Community-Driven Ecosystem The $ME tokenomics are designed to align Magic Eden’s vision of universal digital ownership with the long-term growth of its ecosystem. Here’s an overview of the tokenomics structure:   ME Total Supply 1 Billion $ME Tokens: The entire supply will be distributed over four years to ensure sustainable growth and community involvement. Initial Token Allocation 12.5% Community Airdrop: Approximately 125 million tokens will be unlocked during the Token Generation Event (TGE) and distributed to eligible users across Bitcoin, Solana, and Ethereum ecosystems. Token Distribution Breakdown Source: ME Foundation blog    Community & Ecosystem Development (37.7%): 22.5% for Active Users: Rewarding users for engaging with Magic Eden’s protocols through trading and staking. 15.2% for Ecosystem Growth: Grants for developers, advocates, and creators supporting the $ME ecosystem. Contributors (26.2%): Allocated to Magic Eden employees, contractors, and advisors, with over 60% of this category subject to an 18-month lockup post-TGE. Strategic Participants (23.6%): Reserved for investors and advisors who played critical roles in developing the protocols, with a 12-month lockup and gradual unlock thereafter. Token Emission Schedule $ME tokens will be released gradually over four years, ensuring that the majority of tokens remain in the hands of the community. This approach fosters long-term adoption and reduces the likelihood of market oversaturation.   What Will the Magic Eden (ME) Listing Price Be?  The $ME token has garnered significant attention ahead of its official launch, with pre-market trading on KuCoin providing early indicators of its market potential. Based on the latest data:   Last Traded Price: 3.2 USDT Floor Price: 2.9 USDT Highest Bid: 2.9 USDT Average Price: 3.12 USDT Early Market Trends and Implications Magic Eden (ME) pre-market price trends | Source: KuCoin    The $ME pre-market activity suggests strong demand for $ME tokens:   Solid Trading Range: The token's floor price of 2.9 USDT and last traded price of 3.2 USDT indicate stable support and resistance levels, signaling investor confidence. Healthy Liquidity: The close alignment of the highest bid with the floor price highlights consistent buying interest and competitive bidding activity. Positive Sentiment: With an average price of 3.12 USDT, $ME has shown steady demand, reflecting the community's anticipation of Magic Eden's multi-chain trading ecosystem. Short-Term ME Price Forecast Given the robust pre-market performance, $ME's price could see an initial surge post-TGE as demand increases from both retail and institutional investors. The following factors could influence short-term price trends:   Staking and Rewards: As staking opportunities become available, more users may hold $ME, creating upward price pressure. Community Participation: High engagement through the airdrop and rewards programs could bolster demand. Magic Eden Price Prediction: Long-Term Outlook The $ME token's price trajectory depends on its adoption and utility within Magic Eden’s ecosystem. Key drivers for long-term growth include:   Increased Trading Volume: As Magic Eden continues to dominate the NFT and Bitcoin trading markets, $ME’s utility as a rewards and governance token will strengthen. Cross-Chain Integration: Expanding trading capabilities across multiple blockchains could attract more users and drive sustained demand for $ME. Projected Range: Based on the current pre-market trends and expected adoption, $ME could stabilize between 3.0–4.5 USDT in the medium term, with potential for higher growth as its ecosystem matures.   Note: Price predictions are speculative and influenced by market conditions. Always exercise caution and consider your risk tolerance when trading. Why Join the $ME Airdrop? Magic Eden’s combination of a robust multi-chain NFT marketplace, powerful Launchpad for creators, and user-friendly wallet cements its position as a leader in the decentralized trading space. Whether you’re an NFT collector, trader, or creator, Magic Eden provides an ecosystem that simplifies digital ownership while enabling users to explore and capitalize on the expanding blockchain economy.   The $ME airdrop is not just about rewards—it’s a step toward fostering a robust ecosystem for Magic Eden’s growing community.   Generous Allocation: A 12.5% initial unlock exceeds that of many competitors, such as Tensor and Jupiter. Community-Centric Tokenomics: Over 60% of the $ME supply is reserved for community rewards and ecosystem development. Future Potential: KuCoin pre-market trading shows $ME tokens valued at $3.12, reflecting strong demand and excitement. Conclusion The Magic Eden $ME airdrop marks a significant milestone in the platform’s journey to make digital ownership universal. With $390 million worth of tokens up for grabs, this event stands out as one of the largest airdrops in crypto history. To secure your share, ensure your wallet is eligible and linked before the TGE. Participate in this transformative initiative and join Magic Eden’s mission to redefine on-chain trading.   Given the scale of the $ME airdrop, be cautious of fraudulent schemes. Only interact with official Magic Eden channels and verify announcements on their website or social media. Never share personal information or private keys.

The GOATS ($GOATS) airdrop and official launch are set to light up December 2024, presenting an exciting opportunity for the Telegram community to claim and trade $GOATS tokens. Here’s a detailed guide to help you navigate the $GOATS airdrop, understand its tokenomics, and prepare for its listing.   Quick Take The $GOATS token airdrop is scheduled for December 2024. The Season 1 airdrop snapshot date will occur on November 28, 2024, at 8 AM UTC. Total supply is fixed at 20 billion $GOATS. 75% of the supply will be allocated to the GOATS community. $GOATS will be listed on KuCoin and other major centralized exchanges. Pre-market price: $0.00015501, with speculative listing prices expected to vary. What Is the GOATS Telegram Mini-App? GOATS ($GOATS) is a meme coin with a strong focus on the Telegram ecosystem. Designed to combine community engagement with gaming and rewards, GOATS has positioned itself as a leading token for Telegram users.   Launched earlier this year, the GOATS community has grown exponentially, with over 50 million users actively participating in missions, raffles, and squad-based challenges through the official GOATS bot. The upcoming airdrop solidifies GOATS’ status as a key player in the blockchain gaming and meme coin sectors.   Read more: What Is GOATS Telegram Mini-App and How to Get the $GOATS Airdrop?   When Is the $GOATS Airdrop?  GOATS has confirmed that the airdrop will occur in December 2024. The allocation system for the $GOATS airdrop is determined by your GOATS Pass rank, with higher ranks granting larger token allocations. Additionally, frequent participation in community activities increases your eligibility and share of the airdrop rewards.   Here are the key details about the GOATS (GOATS) airdrop timeline:    Key Dates Inactive Balances Burn: November 24, 2024. Snapshot Date: November 28, 2024, at 8 AM UTC. Token Distribution: Begins in December 2024. Snapshot Details The snapshot will record user holdings, activity levels, and GOATS Pass ranks. Users who meet the eligibility criteria, including active Telegram participation and maintaining $GOATS balances, will qualify for the airdrop.   $GOATS Tokenomics   According to the GOATS tokenomics information shared in the official GOATS Telegram channel, the $GOATS token will have a total supply of 20 billion. The token allocation is as follows:    Community Allocation: 75% (fully unlocked, no presales or VC involvement). Team Allocation: 5% (12-month vesting). Liquidity & Listings: 10% (reserved for partnerships and exchange listings). Marketing & Development: 10% (supporting ecosystem growth and sustainability). The GOATS tokenomics prioritizes community rewards and fair distribution, making it a highly anticipated airdrop for Telegram users.   How to Qualify for the GOATS Airdrop   Who Is Eligible for the $GOATS Airdrop?  G.O.A.T.S Pass Rank: Obtain a GOATS Pass by completing tasks and engaging with the community. Higher ranks unlock better allocations and exclusive perks. Active Telegram Engagement: Regularly participate in missions, raffles, and platform activities to earn points and boost eligibility. Maintain $GOATS Balances: Ensure sufficient $GOATS holdings to maximize your airdrop allocation. How to Participate Join the GOATS Telegram Bot: Interact with the bot to begin earning points. Complete Missions: Engage in daily tasks and invite friends to enhance your rank. Monitor Announcements: Stay updated through the GOATS Telegram channel for snapshot and token distribution details. What Is GOATS (GOATS) Price Prediction After Listing?  GOATS ($GOATS) is already trading on some pre-market platforms, offering a glimpse into its potential value. Current price predictions are largely based on pre-market trends, which show a price of $0.00015501. However, the official listing price may vary due to market volatility, trading volume, and other dynamic factors. Here’s an overview of potential price movements post-launch:   GOATS Listing Price and Price Predictions Short-Term (1-3 Months): Post-launch, $GOATS may stabilize around $0.0001–$0.0002, driven by community engagement and trading volume. Medium-Term (6-12 Months): Strategic partnerships and ecosystem expansions could push $GOATS to $0.0003. Long-Term (1 Year or More): As GOATS integrates more gaming features, prices may climb to $0.0005, contingent on adoption rates. While these projections highlight $GOATS’ growth potential, it’s important to note that cryptocurrency prices are inherently volatile and subject to market conditions. Always exercise caution and conduct thorough research before investing. How to Withdraw Your $GOATS Tokens Set Up a Wallet: Register on exchanges like KuCoin and complete KYC verification. Link to the Telegram Bot: Connect your KuCoin Exchange to the GOATS Telegram bot for token claims. Follow Withdrawal Instructions: Complete tasks in the bot’s “Tasks” section to finalize the process. GOATS x KuCoin: Grind & Shine with Exclusive Rewards! 🚀   The GOATS team has partnered with KuCoin to bring you an exciting opportunity to stack rewards before the Token Generation Event (TGE) in December 2024. With a total reward pool of 1,000 $TON and additional $GOATS tokens up for grabs, this collaboration offers a unique chance to gear up and make the most of the pre-launch phase.   Mission Overview Step 1: Dive into the GOATS ecosystem by accessing the official Telegram bot: @realgoats_bot. Step 2: Participate in the GOATS x KuCoin Challenge to complete specific tasks and earn your Lucky Box reward. Rewards 1,000 $TON: A shared reward pool for participants who successfully complete the challenge. 5,000 $GOATS: An additional bonus for fulfilling the mission requirements. Why Participate? This collaboration is more than just rewards—it's your ticket to strengthen your position within the GOATS ecosystem. By completing the challenge, you not only stack tokens but also position yourself strategically for the GOATS TGE.   Act fast and shine bright, GOATS fam! This is your moment to rise, grind, and claim your share of the rewards before the big leagues hit. 🐐🔥💣   GOATS Roadmap: What’s Next for the GOATS Community?  The GOATS team has outlined an ambitious roadmap post-launch:   Phase 2 Games: Launching new Telegram-based games and features. Ecosystem Expansion: Collaborating with leading platforms to boost liquidity and adoption. Community Growth: Hosting events and initiatives to maintain user engagement. Conclusion The $GOATS airdrop is a golden opportunity for Telegram users to earn rewards while engaging with a vibrant and growing community. With its community-first tokenomics and innovative approach to gaming and social interaction, GOATS is set to be a trailblazer in the meme coin space.   Stay active, stack $GOATS, and secure your G.O.A.T.S Pass to maximize your rewards. As always, exercise caution and conduct thorough research before investing.   For more updates on $GOATS and other airdrops, stay tuned to KuCoin News.   Read more: Major ($MAJOR) Airdrop Guide: Tokenomics, Eligibility, and Listing Details

The 2024 holiday season has brought an explosion of festive themed memecoins on the Solana blockchain. These tokens mix humor, creativity, and blockchain innovation, offering unique opportunities for both investors and crypto enthusiasts. With the power of platforms like TikTok and Telegram driving their growth, these coins have captured the imagination of a rapidly expanding audience. Let’s dive into each of the top memecoins spreading holiday cheer and pushing blockchain boundaries.   1. $WIFSANTA (DogWifSantaHat) Source: Dexscreener   DogWifSantaHat ($WIFSANTA) represents more than just a meme. It is a vision of festive progress in the crypto world. This token celebrates innovation and community while committing to real world impact. The DogWifSantaHat team has pledged $10,000 to dog shelters and rescue organizations when they hit a $10 million market cap. Every token supports a mission to help dogs in need while bringing people together through shared goals.   DogWifSantaHat's community sees itself as a revolution in festive themed cryptocurrencies. It blends fun and function with a focus on spreading cheer and driving financial innovation. This is not just about holding a token—it is about creating a community that supports causes and believes in the future of blockchain.   According to their official website, DogWifSantaHat represents a notable cause and utility for the lives of dogs:   DogWifHat’s Pledge The DogWifSantaHat Token Team is deeply dedicated to our furry friends who bring so much joy and love into the world. We’re committed to making a real difference for dogs in need. That’s why we’ve pledged to donate $10,000 to dog shelters and rescue organizations when we reach a $10 million market cap.   This isn’t just about crypto—it’s about creating a community that cares. Together, we can give countless pups a second chance at life, warmth, and happiness. Every token you hold supports this mission of spreading love and wagging tails. Let's make this holiday season extra special for the dogs who need it most!    Tokenomics Liquidity: $150K Market Cap: $1M   2. $ChillDeer   $ChillDeer takes inspiration from the viral "Chill Guy" meme that gained traction on social media in October 2023. Combining the laid back persona of Chill Guy with a Christmas reindeer theme, $ChillDeer appeals to both meme culture fans and crypto investors. Launched in November 2024, $ChillDeer reached over 2,500 holders in just 24 hours. TikTok influencers with a reach of over 130,000 followers and more than $11,000 spent on advertising have driven its rapid growth.   This token embodies the festive spirit with a twist of cool. Its Discord community boasts over 1,000 active members, making it a hub for collaboration and excitement. $ChillDeer is a holiday favorite for investors seeking a mix of fun and growth potential.   CHILLDEER Tokenomics Liquidity: $104K Market Cap: $524K   Source: DexScreener   3. $Rizzmas $Rizzmas takes the internet slang "Rizz," which means charm or attractiveness, and pairs it with the Christmas season to create a fun and engaging token. This memecoin is more than a seasonal novelty—it has serious market traction. $Rizzmas is trading at $0.000015 with a $7.57M market cap and $13.98M in 24 hour trading volume. It has surged 124.93 percent in the last 24 hours, reflecting strong community interest.   The total circulating supply of $Rizzmas is 497.32 billion coins. This festive token continues to gain popularity through creative marketing and community engagement on platforms like TikTok and Telegram. $Rizzmas is a standout example of how memes and the holiday spirit can unite to drive crypto adoption.   Rizzmas Tokenomics Liquidity: $421K Market Cap: $7.3M   4. $Rizzmaseve   Source: X   $Rizzmaseve follows the success of $Rizzmas as its female counterpart. Launched with the same charm and festive vibe, $Rizzmaseve aims to capture exponential growth. This token brings an extra dose of holiday magic with an enthusiastic community backing it.   $Rizzmaseve is designed for those who missed out on $Rizzmas. With a $376K market cap and $77K in liquidity, it offers a chance to ride the wave of holiday inspired memecoins. It is gaining attention on Telegram and TikTok as influencers and communities rally behind its festive mission.   Rizzmaseve Tokenomics Liquidity: $77K Market Cap: $376K   5. $SANTAHAT Source: https://santahatonsol.xyz/   $SANTAHAT celebrates the nostalgic Santa hat from RuneScape, paying homage to a symbol beloved by gamers and meme enthusiasts alike. This token blends the culture of Gielinor's pixelated world with the cutting edge technology of blockchain.   $SANTAHAT leverages strong partnerships within the crypto space, ensuring long term growth and sustainability. The token has successfully surpassed a $10 million market cap milestone and is now listed on top tier exchanges. Its integration within the Solana ecosystem adds additional support and potential for growth.   The $SANTAHAT community is diverse and passionate, drawing interest from crypto influencers and meme culture leaders. Its steady growth demonstrates the power of blending nostalgia, creativity, and blockchain technology.   SANTAHAT Tokenomics Liquidity: $119K Market Cap: $527K   The Influence of TikTok and Telegram TikTok has become a powerhouse for promoting memecoins like $ChillDeer and $Rizzmas. Influencers create short, engaging videos that showcase the tokens, driving massive engagement and attracting new investors. $ChillDeer’s early success is directly tied to TikTok influencers with a combined reach of over 130,000 followers.   Telegram serves as the command center for these tokens. Active groups for projects like $Rizzmas and $SANTAHAT facilitate real time updates, community discussions, and strategy sharing. These platforms create a sense of belonging and excitement, encouraging more people to invest and participate in the growth of these tokens.   How to Buy These Trending Festive Memecoins Set Up Your Wallet: Download the Phantom app or another Solanacompatible wallet. If you are using a desktop, install the Phantom browser extension. Buy SOL on KuCoin: Buy SOL on exchanges like KuCoin or transfer it from another wallet. You will need SOL to purchase memecoins. Source: KuCoin   Make the Purchase: Connect your wallet to Raydium. Paste the token address, select the amount of SOL you want to swap, and confirm the transaction. Approve it in your wallet, and you are done. Pay attention to the slippage and token liquidity before making any purchase as these may incur costs for you. This Is Not Investment Advice Memecoins offer exciting opportunities to earn tokens but carry inherent risks. Always conduct thorough research before participating. This guide is for informational purposes only and not financial advice.   Risks to Consider Before Buying Memecoins Memecoins offer high potential returns but come with significant risks. Approach these investments with caution. Volatility:  Memecoins show extreme price fluctuations driven by hype and speculation. Prices can rise or fall rapidly, leading to big gains or losses in hours. Liquidity: Many memecoins lack liquidity. Selling your tokens may be difficult, and low liquidity can reduce the value of your investment during a sale. Scams and Rug Pulls: Scams are common in memecoins. Rug pulls happen when developers abandon projects after collecting funds. Always verify the project’s legitimacy. Do your own research and understand the risks before investing. Never invest more than you can afford to lose. Memecoins are speculative and require careful judgment.   Conclusion This holiday season, Solana memecoins are redefining how crypto and community come together. Tokens like $WIFSANTA, $ChillDeer, $Rizzmas, $Rizzmaseve, and $SANTAHAT bring festive cheer and blockchain innovation to the forefront. TikTok and Telegram amplify their reach, driving adoption and engagement. These memecoins are more than holiday trends—they represent the growing creativity and potential of the crypto world. Explore them today and be part of the festive crypto revolution.    Read more: Top Solana Memecoins to Watch

Bitcoin reclaims $95,000 with six-figure price calls gaining traction and is currently priced at $95,854 with +4.24% increase from the last 24 hours, while Ethereum is at $3,653, up by +9.89% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.4% long versus 49.5% short positions. The Fear and Greed Index, which measures market sentiment, was at 75 yesterday and is at the Greed level at 77 today. The cryptocurrency market shows strength and momentum. Ethereum gains with Bitcoin as the ETH/BTC ratio rises signaling renewed altcoin sentiment. Tether expands its reach with a liquidity pool projected to hit $5 billion by 2026. Solana eyes $300 with growing confidence and strong onchain activity. These movements highlight crypto’s growing potential and evolving landscape.   What’s Trending in the Crypto Community?  Social media giant Line plans to launch 30 blockchain-based mini DApps early next year. Pump.fun 's protocol revenue surpassed Ethereum in the past 24 hours. Tether CEO: Tether's commodity liquidity pool may reach $5 billion by 2026. Bitcoin Demands $95K Reclaim as Six-Figure BTC Price Calls Return.    Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change ENS/USDT +50.06% ENA/USDT +21.23% UNI/USDT +13.54%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Bitcoin Demands $95K Reclaim as Six-Figure BTC Price Calls Return Bitcoin is back in bullish momentum and is showing renewed strength as it climbs toward $95,000. The cryptocurrency gained nearly 4% on Nov. 27 after buyers stepped in to counter a slide to weekly lows. Data from Cointelegraph Markets Pro and TradingView revealed Bitcoin’s price action attempting to reclaim critical support at $95,000, fueled by encouraging U.S. macroeconomic data and evolving market dynamics.     The week’s key data included U.S. jobless claims and the Personal Consumption Expenditures (PCE) Index, the Federal Reserve’s preferred inflation measure. With inflation figures aligning with expectations, the CME Group’s FedWatch Tool showed a 66% probability of a 0.25% interest rate cut in the next Federal Reserve meeting. Despite this optimism, analysts like The Kobeissi Letter highlighted that inflationary pressures remain. Bitcoin responded positively, regaining some of its lost ground as order book liquidity on exchanges like KuCoin showed strong demand, with buy orders laddered down to $85,000.     Fed target rate probabilities. Source: CME FedWatch   On the technical front, indicators like the Moving Average Convergence Divergence (MACD) reignited optimism for a $100,000 Bitcoin price target. Popular trader Bitcoin Munger projected that a bullish MACD crossover on the four-hour chart would confirm the next major rally. Meanwhile, CoinGlass pointed to a significant sell wall at $100,000, suggesting a deliberate effort to cap Bitcoin’s price in the short term. Traders remain divided over the timeline for reaching six-figure prices, but market sentiment remains bullish, buoyed by a 23% premium in SOL futures and strengthening macroeconomic tailwinds.     BTC/USDT 15-minute chart with order book liquidity. Source: Skew/X   Read more: Bitcoin ETFs Drive $3.1B Weekly Inflows, Pantera Forecasts $740K BTC by 2028, and Rumors of a Solana ETF: Nov 27   ETH/BTC Ratio Picks Up as Ethereum Shows Renewed Strength Source: TradingView   The ETH/BTC ratio, a key indicator of Ethereum's performance relative to Bitcoin, gained momentum this week. After lagging behind Bitcoin throughout much of the year, Ethereum is finally surging. However, the ETH/BTC ratio remains 30% lower than its earlier levels compared to Bitcoin, reflecting the broader market dynamics and investor sentiment toward altcoins.   What the ETH/BTC Ratio Tells Us The ETH/BTC ratio is more than a simple comparison between two cryptocurrencies. It serves as a barometer for market sentiment toward altcoins. A rising ratio suggests growing confidence in Ethereum and, by extension, the broader altcoin market. Conversely, a declining ratio indicates Bitcoin’s dominance and reduced risk appetite for alternative assets.   This week’s uptick in the ETH/BTC ratio signals a renewed interest in Ethereum. Investors appear to be shifting some focus back to ETH after Bitcoin’s prolonged dominance. Ethereum’s resurgence comes at a time when altcoin activity is picking up across the board, suggesting the market is beginning to rotate into other assets after Bitcoin's strong rally.   ETH/BTC Trading Chart | Source: KuCoin   Ethereum’s Lagging Performance in 2024 Throughout the year, Ethereum has underperformed compared to Bitcoin. Bitcoin’s price surged over 150% year-to-date, driven by institutional inflows and excitement around spot Bitcoin ETFs. Ethereum, while climbing steadily, failed to match Bitcoin’s pace. This disparity is reflected in the ETH/BTC ratio, which saw a significant 30% decline over the past year.   Several factors contributed to Ethereum’s slower performance. High gas fees, competition from other layer-1 blockchains like Solana and Avalanche, and the lack of a clear catalyst like Bitcoin’s ETF approval dampened investor enthusiasm. Despite this, Ethereum has maintained its position as the leading platform for decentralized applications (DApps) and DeFi projects, with its total value locked (TVL) exceeding $80 billion.   When Is the Altcoin Season Starting?  The recent change in the ETH/BTC ratio suggests a shift in sentiment toward altcoins. When Ethereum performs well against Bitcoin, it often signals increased risk appetite among investors and a willingness to explore other assets beyond Bitcoin. This could pave the way for stronger performance across the broader altcoin market.   Altcoin leaders like Solana, Cardano, and Polkadot have already shown signs of renewed interest, with double-digit gains in recent weeks. If Ethereum continues to gain ground, it could act as a catalyst for further altcoin growth.   Despite this week’s improvement, Ethereum still has ground to cover to reclaim its historical strength relative to Bitcoin. For the ETH/BTC ratio to recover fully, Ethereum will need sustained positive momentum, likely driven by network upgrades, growing adoption, or significant developments in the altcoin ecosystem.   As of now, Ethereum’s fundamentals remain strong, with growing developer activity, increasing use cases in DeFi and NFTs, and solid institutional interest. If these trends continue, Ethereum could close the gap and solidify its position as the leading altcoin, while reigniting the broader altcoin market.   The ETH/BTC ratio’s recent rise signals Ethereum’s resurgence after a lagging year. While it still trails Bitcoin by 30%, the improving ratio reflects growing confidence in Ethereum and the altcoin market. As Ethereum builds on its strong fundamentals and investors regain interest in altcoins, the crypto market could be entering a new phase of diversification and growth.   Tether’s Liquidity Pool Could Reach $5 Billion by 2026   Source: KuCoin 1 Year USDT Chart   Tether is expanding beyond stablecoins with its investment arm targeting the $10 trillion trade finance industry. CEO Paolo Ardoino revealed that Tether’s liquidity pool for financing raw material transactions could grow to $3 billion or even $5 billion by 2026. This expansion aligns with Tether’s mission to bridge blockchain and traditional finance, creating new pathways for global economic activity.     In October, Tether financed a $45 million oil trade involving 670,000 barrels of Middle Eastern crude. This marked a significant step in integrating blockchain technology into commodities trading. Tether Investments plans to provide liquidity to commodities brokers while earning interest, tapping into the sector’s insatiable demand for funding. Ardoino emphasized that Tether’s unique value lies in the transparency and speed that USDT offers in cross-border transactions, especially in emerging markets where commodities drive economic activity.     Tether’s growth in the trade finance sector is backed by robust profits from its core stablecoin operations. In the first nine months of 2024, Tether reported $7.7 billion in profit, funding its diversification into commodities like oil, natural gas, and gold. Ardoino described the initiative as the beginning of a major new opportunity, with plans to invest over $1 billion in the coming year.     Read more: USDT vs. USDC: Differences and Similarities to Know in 2024   Solana Recovers and Eyes $300 as Metrics Strengthen   SOL/USD (blue) vs. altcoin market cap (purple). Source: TradingView /Cointelegraph   Solana’s native token, SOL, has rebounded 8% since dipping to $222 on Nov. 26, fueled by strong onchain activity and growing demand in decentralized finance (DeFi). Although SOL remains 10% below its all-time high of $263.80, the blockchain’s fundamentals suggest significant upside potential.     Solana’s total value locked (TVL) surged 48% in the past 30 days, reaching $113.7 billion by Nov. 27. Key contributors include the Jito liquid staking solution at $3.4 billion (+44%), the Jupiter decentralized exchange at $2.4 billion (+50%), and Raydium at $2.2 billion (+58%). This growth positions Solana as the second-largest programmable blockchain, trailing only Ethereum in developer activity and user engagement.     Solana network total value locked (TVL), USD. Source: DefiLlama   The derivatives market reflects growing optimism for SOL’s price recovery. Futures contracts show a 23% annualized premium for long positions, the highest in seven months. However, analysts caution against excessive bullishness, as premiums exceeding 40% could lead to cascading liquidations during price corrections.     Despite skepticism from some investors, Solana’s niche focus on memecoin launches and high-frequency trading sets it apart from Ethereum. Tokens like BONK, POPCAT, MEW, and SPX6900 have driven transaction volumes, with some gaining over 100% in three months. However, this speculative activity introduces risk, as memecoin popularity may prove unsustainable.     Read more: Top Solana Memecoins to Watch   Conclusion   Bitcoin and Solana are both demonstrating resilience and potential in the face of shifting market conditions. Bitcoin’s climb toward $95,000 and the renewed six-figure price targets reflect growing confidence in its role as a digital store of value. Meanwhile, Solana’s recovery and strong onchain metrics underscore its position as a leader in DeFi and programmable blockchains. Tether’s expansion into trade finance highlights blockchain’s potential to revolutionize traditional industries. Together, these developments paint a picture of a rapidly evolving cryptocurrency market poised for continued growth and innovation.