2. PIPPIN Hits an All-Time High Market Cap of $4.5 Billion, Currently Priced at Around $0.44
4. Pre-Market Crypto Concept Stocks in the U.S. Experience Mixed Performance, BMNR Up by 0.32%
5. Solana Faces Repeated DDoS Attacks Over the Past Week, but Network Performance Remains Unaffected
Source: Overheard on CT (tg: @overheardonct), Kaito
Here is the Chinese translation of the original content:
【POLYMARKET】
Today, discussions around POLYMARKET have focused on its increasing influence in the prediction market. The market widely mentions its integrations with platforms like Rainbow, MetaMask, and its role in political and macroeconomic forecasting. Views believe that POLYMARKET has the potential to push prediction markets into mainstream financial tools. The discussions also emphasize its strategic partnerships and product innovations (such as "betting asset collateralization"). Additionally, the market is closely watching its upcoming Rainbow integration open testflight and its impact on user experience.
【BASE】
BASE has gained widespread attention today due to its progress in multiple integrations and applications, focusing on its support for on-chain gaming and asset tokenization. Discussions point out that BASE's collaborations with Eigencloud and Privy_io respectively drive verifiable computation and "frictionless" wallet capabilities, serving independent game developers. Furthermore, BASE's involvement in tokenized stocks and its potential as a Coinbase tokenization distribution layer are highlighted. The market also mentions BASE's support for the creator ecosystem and its long-term impact on reshaping the global economic structure, including global in-app payment capabilities and integrations with projects like EDEL and XMTP.
【MET】
The discussion around MET has focused on the recent Met Dhabi event. The event showcased Meteora's strong community base and Liquidity Provider (LP) tool, demonstrating high community engagement and the team's commitment to optimizing the LP experience. Despite some market skepticism about Meteora's communication strategy, its product has been recognized for its effectiveness and profitability. The collaboration between AmericaDotFun and Meteora is seen as a potential growth catalyst.
【TRX】
TRX has attracted attention today mainly due to its annualized revenue growth reaching 8.5%, totaling $6.01 billion, ranking third in blockchain network revenue, behind Solana and Ethereum. This performance has sparked discussions about whether TRX has the potential to challenge Ethereum, with some points also referencing Vitalik Buterin's past comments on TRON's rise. Furthermore, TRX has participated in multiple crypto promotion activities, and USDT's support for TRX on multiple networks has further increased its market visibility.
1.《From Yen Rate Hike to Mine Closure, Why Is Bitcoin Still Falling》
At the beginning of this week after the rate cut, the trend is not good. Bitcoin fell to around $85,600, and Ethereum lost the $3,000 mark; crypto concept stocks were under pressure, with Strategy and Circle both dropping by nearly 7% on the day, Coinbase falling by over 5%, and mining companies CLSK, HUT, WULF dropping by more than 10%. From the expectation of a rate hike by the Bank of Japan, to the uncertainty of the Fed's future rate cut path, to the systemic derisking of long-term holders, miners, and market makers, the reasons for this round of decline are more macro-oriented.
In the past 24 hours, the crypto market has witnessed various dynamics ranging from macroeconomic discussions to specific ecosystem developments. The mainstream topics focus on the token and equity rights disputes sparked by mergers and acquisitions, as well as the discussion on the evolution of prediction markets towards specialized trading tools; in terms of ecosystem development, the Solana ecosystem continues to expand around prediction markets and cross-chain infrastructure, Ethereum is advancing its positioning between institutional entry and protocol upgrades, and the Perp DEX track is further aligning towards institutional-grade financial infrastructure.
On-chain Fund Flow on December 16th

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