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VIPBitget VIP Weekly Research InsightsIn the wake of the market narrative surrounding the "Solana Killer," SUI, which recently launched the Grayscale Sui Trust and Binance futures, has doubled in value within a month. The leading projects in the Sui ecosystem have also benefited from the generous subsidies and strong support provided by the Sui Foundation. This surge has brought numerous opportunities within the Sui ecosystem.
MemeFi is a meme-based gaming app that introduces tokenized divisible character ownership enhanced with ERC-404 functionality.
VIPBitget VIP Weekly Research InsightsAs the Federal Reserve begins its interest rate cut cycle, the cryptocurrency market is experiencing a broad recovery. Alongside mainstream assets like BTC and ETH, the AI sector has also rebounded rapidly. The convergence of AI and crypto has emerged as a compelling narrative in this market cycle, attracting numerous tech teams and venture capital firms. Leading projects in the space have shown significant growth. Recommended projects to watch closely include Bittensor (TAO), Near Protocol (NEAR), and Arkham (ARKM).
- 17:35SOL breaks 255 USDT, up 8.86% in 24HThe market shows that SOL broke through 255 USDT, now at 255.16 USDT, up 8.86% in 24H.
- 17:34Galaxy CEO: Bitcoin Breaking $100,000 Inevitable, But Pullback LikelyBitcoin is on track to break the much-anticipated $100,000 mark amid a strong post-election rally in the U.S., but that doesn't mean it will continue to rise, although a six-figure price is ‘inevitable’ and could continue to rise but eventually pull back, according to Galaxy Digital founder and CEO Michael Novogratz. ‘and may continue to rise, but it will eventually pull back. There is currently a lot of leverage in the cryptocurrency market, and the crypto community is already highly leveraged, so a market correction is coming. Additionally, Michael Novogratz warned that stocks like MicroStrategy, which trade in a similar way to Bitcoin's leveraged trading, could face an even bigger correction.
- 17:32Market news: FTX restructuring plan expected to take effect in early January 2025The FTX Restructuring Plan is expected to become effective in early January 2025 and distributions may begin no later than March 2025, according to market sources.
