November 11th Market Key Intelligence, How Much Did You Miss?
1. Hot Topics: $ACT, $PNUT 2. On-chain Fund Flow: $37.6m inflow to Arbitrum, $67.1m outflow from Ethereum 3. Largest Price Swings: $ACT, $PNUT 4. Top News: Binance Savings, One-Click Buy, Flash Swaps, Leverage, Contract Launch of Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT)
Featured News
4. FTX Sues Binance, CZ Faces $1.8 Billion Fund Recovery Demand
5. Alameda Sues Waves Founder, Seeking Recovery of At Least $90 Million in Assets
Trending Topics
Threads & Tweets
1. An AI agent created a memecoin on Farcaster without the creator's permission @dwr
2. Jito Labs saw a fee income of $78.92 million in October, double the $39.45 million in May, surpassing Lido and Uniswap. With the support of MEV tools and JitoSOL, demand has surged, with high Solana transaction volumes, especially in memecoins — indicating the growing role of MEV in DeFi revenue. @TheBlockPro__
Featured Articles
Nancy, PANews
On November 11, according to the official announcement, Binance will list Act I: The AI Prophecy (ACT), Peanut the Squirrel (PNUT) for spot trading at 18:00 on November 11, 2024. Possibly influenced by this news, PNUT surged over 120% briefly, trading at $0.376 at the time of writing. This article was first published on November 4, reviewing how the death of this internet-famous squirrel evolved into a U.S. political movement amidst endorsements from celebrities like Musk, and how its namesake meme coin's market cap once exceeded a billion.
2.《If You Could Only Hold One Meme Coin, Which Would You Hold During This Meme Supercycle Bull Run?》
CMed
After Trump's election as U.S. President was essentially confirmed, Bitcoin continued its upward surge. When Bitcoin's market dominance reached 60%, the difference between this rally and previous ones was that there was no "altcoin bloodsucking," but a collective rise. Web3 investors seem to have also noticed that chasing Bitcoin's high is not the best choice right now. Instead, it's better to choose noticeably oversold altcoins. Among them, meme coins have seen the most vigorous rebound.
3.《Why DeFi and AI Are Initiating This Bull Run》
Rich Beeman, Medium
This article reveals the arrival of a new financial era: the integration of cryptocurrency, DeFi, AI, and social media is sweeping through traditional finance, driving a monumental transformation. With assets going on-chain, wealth transfer, and the rise of a new generation of investors, the global financial order is gradually being disrupted. While the road to reform is full of challenges, the opportunities are unprecedented—those who dare to explore will stand at the forefront of this wealth explosion, leading the future.
Price Movement Highs & Lows
Token price movement on November 11, sorted by trading volume
Top Gainer
1. $ACT
2. $PNUT
3. $HAPPY
Top Loser
1. $SWELL
2. $HMSTR
3. $NAVX
On-Chain Data
On-chain fund movement on November 11
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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