1. Attention Value-Market Key Points
1. Market conditions
(1) Macro environment:
Trump considers new SEC chairman candidate Paul Atkins, and related concept tokens react strongly during the day
Paul Atkins is a former SEC commissioner who served during the George W. Bush administration and is known for opposing high fines for companies that violate securities laws. In 2016, Atkins played an important role in the transition team after Trump was elected president, influencing Trump's laissez-faire attitude towards financial regulation. Currently, Paul Atkins still serves as the CEO of Patomak Global Partners, a consulting firm he founded in 2009. In addition, since 2017, he has also served as co-chairman of the Token Alliance, which supports the digital asset and blockchain industries.
Last night, the price of RSR soared 50.72% to $0.026, and then quickly fell back to $0.019. At the same time, the meme DTF of the RSR concept also performed strongly, rising from $0.012 to $0.03, a short-term increase of 235%. This is because sources revealed that Trump has selected Paul Atkins as the next SEC chairman, and Atkins has served as an advisor to the RSR project. However, since Atkins has not confirmed the news and his attitude is hesitant, the price of the related tokens has plummeted briefly.
Currently, data from compliance prediction platform Kalshi shows that the probability of Paul Atkins becoming the next SEC chairman has risen to 88%.
According to FOX Business reporter Eleanor Terrett, Trump will announce the successor to the SEC chairman as soon as today, and Paul Atkins is considered the most likely candidate. Trump's transition team has interviewed Atkins, and sources revealed that he is considered the most promising candidate among the team's senior management.
(2) Web3 field:
lThe Shanzhai Season Index exceeded 90, setting a new high in 2024
The Alt Season Index is used to determine whether the current cryptocurrency market has entered an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days. Currently, the Alt Season Index has exceeded 90, setting a new high in 2024.
According to BlockBeats, on December 3, CZ posted a question on the X platform: "Which key is available on Windows and Linux, but not on Mac?" and attached a related picture (Alt key), suggesting that the altcoin season has arrived. Altcoin is the abbreviation of alternative coin, which refers to all cryptocurrencies other than Bitcoin, i.e. altcoins.
According to BlockBeats, on December 4, Shenyu, the co-founder and CEO of Cobo, said on the social platform that the Altcoin Season indicator soared to a new annual high of 90 today. At the same time, he posted a topic vote on "Market sentiment is high, discussion groups are booming, everyone is discussing what to do next, greed and fear collide, are you a warrior chasing the rise or a calm philosopher?", which attracted widespread attention.
2. Hot events
(1) Macro environment:
l With the arrival of South Korea's "312", DOGE, XRP, HBAR and other cryptocurrencies have experienced a huge retracement
On the evening of December 3, affected by the martial law declared by South Korean President Yoon Seok-yeol, the Upbit market, a major cryptocurrency trading platform in South Korea, experienced a flash crash, resulting in severe negative premiums on a large number of trading pairs. The price of Bitcoin once fell below $70,000, while Dogecoin flashed more than 50%. In addition, cryptocurrencies such as XRP, HBAR and XLM, which have risen rapidly recently, also experienced a huge retracement, staging a "regional 312". The flash crash caused a general decline in the entire crypto market. The huge negative premium created opportunities for arbitrage traders, and many traders holding Korean KYC entered the market. However, some community members reported that the Upbit Korean main site was down, but users could still conduct arbitrage transactions through other regional portals such as Indonesia. Upbit officials subsequently issued a statement saying that the website was interrupted due to a surge in trading volume.
(2) Web3 field:
In 2024, Binance’s capital inflow will reach US$21.6 billion, nearly 40% more than the total of the top ten exchanges
On December 4, according to DefiLlama's ranking, Binance, the world's largest digital asset exchange, saw user inflows of $21.6 billion, nearly 40% more than the next 10 cryptocurrency exchanges combined. The 10 exchanges saw inflows of $15.9 billion, 36% more. This year, Binance's inflows have been strongly supported by rising global optimism about digital assets, significant regulatory progress, increased adoption, and record prices. More and more users are moving their funds to Binance to participate in the potential golden age of cryptocurrency, and Binance's global user base has now grown to 244 million.
3. Hot topic narrative
Zhu Su said that due to HYPE 's victory in the stablecoin contract market of mainstream platforms, he is optimistic about its development in the future
On December 4, Zhu Su, co-founder of Three Arrows Capital, expressed his views on social media, pointing out that HYPE's recent rise was mainly driven by its L1 narrative. He said that the reason he was bullish on HYPE was that it had successfully entered the U-standard perpetual contract market of some mainstream trading platforms. He also mentioned that whether to retain supply in future seasons was his biggest concern.
Hyperliquid is an L1 designed for decentralized derivatives trading. It has not yet launched its mainnet and aims to create a decentralized Binance. So far, Hyperliquid has not accepted any investment, and its on-chain deposits and withdrawals still need to be bridged through Arbitrum, and more than 60% of the USDC tokens on the Arbitrum chain are held by Hyperliquid addresses. As an L1, Hyperliquid's ecosystem has not yet been fully established, and all its technological innovations and developments are centered around improving the performance of decentralized derivatives trading platforms.
2. Attention Value-Hot Projects
1. Project Introduction
l $CHAOS | AI agent | @SimulacrumAI
- Released by bitmar89 to commemorate the friendship between the AI agents Aixbt Agent and Simmi_IO.
- $CHAOS revolves around a shared vision of “delegated sovereignty”, emphasizing autonomy and independence.
- $CHAOS’s logo is inspired by a “quantum entangled neural network”, symbolizing the complex interactions and connections in deep space.
- $CHAOS’s price surged 1,440 times in 2 days after its release, reaching a peak market value of $26 million. It then experienced a slight correction and is currently showing a slow rebound trend.
3. Attention Value-Sector Rotation
1. Hot topics
Source: Dune, Dot Labs
Source: Dune, Dot Labs
2. Inside the plate
Source: Dune, Dot Labs
