1. Attention Value-Market Key Points
1. Market conditions
(1) Macro environment:
l The U.S. November PPI data exceeded expectations and the rise in inflation triggered market fluctuations
The latest data showed that the U.S. Producer Price Index (PPI) rose 0.4% month-on-month in November, exceeding market expectations of 0.2% and marking the largest increase since June this year. Year-on-year, PPI rose 3%, also the highest level since February 2023, and the market expected 2.6%. This data reflects the rise in inflation.
Although the market generally expects the Federal Reserve to cut interest rates by 25 basis points at its meeting next week, the latest PPI data has increased uncertainty about the prospects for rate cuts next year. The three major U.S. stock indexes fell collectively, with the Dow Jones Industrial Average closing down 0.53%, falling for six consecutive days; the S&P 500 fell 0.54%; and the Nasdaq Composite fell 0.66%. Large technology stocks performed poorly, with Nvidia falling 1.41% and Tesla falling 1.57%.
Investors are confused about the Federal Reserve's future policy direction. Although the possibility of a rate cut in December is almost fully priced in, the unexpected rise in inflation data has cast doubt on the pace of rate cuts next year.
(2) Web3 field:
l US PPI data releases market volatility, Trump boosts Bitcoin
The crypto market has experienced dramatic fluctuations. When Trump rang the opening bell at the New York Stock Exchange, he said he would achieve some great goals in the field of cryptocurrency, which once pushed the price of Bitcoin above $102,000. However, affected by the U.S. stock market and PPI data, Bitcoin then quickly fell back and fell below $100,000 again, causing a general decline in the entire crypto market.
Nevertheless, the decentralized finance (DeFi) sector performed strongly, mainly driven by the Trump family project World Liberty Financial (WLFI) purchasing Ethereum (ETH), AAVE and Chainlink (LINK). WLFI currently holds about $74.9 million worth of crypto assets, of which Ethereum is its largest holding, which is seen as the Trump family's optimism about the potential of Ethereum and may be an early layout of its crypto strategy.
2. Hot events
(1) Macro environment:
l Trump team considers eliminating or merging financial regulatory agencies to improve efficiency
According to the Wall Street Journal, Trump's team is exploring whether it is possible to abolish or merge financial regulatory agencies. People familiar with the matter revealed that Trump's advisers asked questions about abolishing the Federal Deposit Insurance Corporation (FDIC) when interviewing potential bank regulators. In addition, they also asked potential candidates for the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (OCC). Trump's team proposed a plan to merge or overhaul the FDIC, OCC and the Federal Reserve in order to improve the efficiency of government supervision.
(2) Web3 field:
Chill Guy's image was hacked, Phillip Banks quickly clarified the community's suspicion that it was a wash trade
On December 13, Phillip Banks, the artist who created the Chill Guy image, posted on social media, emphasizing that the image and rights of Chill Guy will never involve encryption. He accused certain conspiracy groups of spreading hatred, attacking families, and profiting from his personal art, all of which were unauthorized. Banks said he was ready to fight these encryption platforms legally. Later, Phillip Banks clarified on Instagram that his X account had been hacked and was still inaccessible, and some of the radical remarks on X were not made by him. According to GMGN market data, after the release of tweets related to "encrypted hate speech", the price of CHILLGUY briefly plummeted by 15%, but then quickly recovered, basically wiping out the decline. The community speculated that this incident might be a premeditated "wash" operation.
3. Hot topic narrative
Travala's annual revenue exceeds $100 million, CZ helps AVA price surge 342%
Travala, a travel agency that supports cryptocurrency payments, recently announced that its annual revenue has exceeded $100 million, marking the further application of cryptocurrency in the tourism industry. The company also launched a fund reserve strategy for its native token AVA and Bitcoin. Binance founder CZ (Changpeng Zhao) forwarded the news, which quickly made Travala the focus of the market and pushed the price of AVA up sharply. According to CZ's post, he said that he had invested in Travala as early as the end of 2019 and has been supporting the development of this crypto travel platform. As an online travel agency, Travala provides flight, accommodation and activity booking services, and accepts more than 100 cryptocurrencies and fiat currencies for payment. The platform combines blockchain technology to enhance users' travel booking experience.
After CZ's forwarding, the price of AVA coin rose rapidly, soaring from US$0.7647 to US$2.8 in less than 30 minutes, and then hit a nearly 24-hour high of US$3.38, setting a new high since November 2021, with a cumulative increase of 342%.
2. Attention Value-Hot Projects
1. Project Introduction
l $GWART | AI Bot | @GwartyGwart @GwartyGwartBot
- Narrative: Zero-Knowledge Snark (GWART) In a world full of chaotic and mixed information flows, GwartyGwartBot has quietly risen and become the "humorous and harmonious soul" in the CT circle with its unique perspective of zero-knowledge snark.
- Just because AI bots are easy to build, doesn't mean recreating the best CT character isn't a significant job.
- Retweeted and followed by Toly.
3. Attention Value-Sector Rotation
1. Hot topics
Source: Dune, Dot Labs
Source: Dune, Dot Labs
2. Inside the plate
Source: Dune, Dot Labs
