Key Market Intelligence on November 18th, how much did you miss?
1. Top News: Bitcoin Spot ETF Now Holds 5.33% of Total Bitcoin Supply 2. On-chain Fund Flows: $24.4m Flowed into Solana, $51.4m Flowed out of Ethereum 3. Largest Price Swings: $BAN, $CSPR, $RIF
Featured News
1. Data: Bitcoin Spot ETF Holds 5.33% of Total Bitcoin Supply
3. Binance Pool Launches Fractal Bitcoin (FB) Joint Mining
4. Binance Futures to List BANUSDT and AKTUSDT Perpetual Contracts
5. MORPHO Token Transfer Feature to Go Live on November 21
Threads & Tweets
Cryptocurrency Beginner's Guide, @0xENAS
Featured Articles
1. "DeSci Continues to Gain Momentum, Taking Stock of Current Popular Ecosystem Tokens"
Auntie Ai
DeSci, short for Decentralized Science, is a research methodology that applies decentralized technology and will fundamentally change traditional science (TradSci). It is often associated with the keyword "longevity." As early as last December, the DeSci narrative gained momentum due to mentions by CZ and the founding of ResearchHub by the Coinbase co-founder. Recently, ResearchHub Meme (RSC) has also maintained high popularity.
2.《Market Sentiment Extremely Greedy, Meme Coins Shine, DeFi TVL Continues to Rise》
Frontier Lab English
This week, altcoins followed the market trend and saw a general uptrend. The crypto market is still in a price rally FOMO sentiment, with users generally optimistic about the future of the crypto market and more confident in the future. Therefore, altcoins saw a general uptrend this week. The market is currently continuously hitting new highs but is still in a greedy phase and approaching neutrality, indicating that although there may be a short-term correction phase at the current stage, there is still significant upward potential in the market price in the future.
3.《Two 1000x Targets on a Weekend, DeSci Reignites On-chain Sentiment | What Meme is Hot Today?》
BlockBeats
On November 8, Binance Labs announced an investment in BIO Protocol, igniting the new concept of DeSci. The on-chain sentiment seems to have improved again, and two leaders, RIF and URO, emerged for the Desci concept, both with wealth effects of hundreds to thousands of times. Then, during a Litecoin "event," claiming to be a Memecoin in the current market sentiment, "mascots" and other hot topics appeared one after another. During the BTC weekend consolidation period, on-chain transactions once again became a new "casino."
Biggest Gainers & Losers
Token Price Movement on November 18, sorted and ranked by trading volume
Top Gainer
1.$BAN
2.$Casper
3.$RIF
Top Loser
1.$ACA
2.$LUNA
3.$Shoggoth
On-chain Data
On-chain Fund Flow on November 18
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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