Key Points of the Attention Value Market

Market Trends

macro environment

Former Federal Reserve Vice Chairman Quarles believes that even if Trump is re-elected, it will not affect the independence of the Federal Reserve or economic stability. He pointed out that there is a misunderstanding of the Federal Reserve's independence, emphasizing that the president can express opinions on policy, but this does not mean that the Federal Reserve will lose its independence. Quarles expects that if Trump is elected, it may lead to a large number of illegal immigrants being deported, but this will not have a significant impact on the labor market. He also mentioned that tariffs themselves do not directly cause inflation, but may instead prompt the Federal Reserve to lower interest rates.

These remarks come just as the consumer price index report is about to be released. The report may show that, amid a strong labor market and a robust economy, potential inflation in the U.S. is only slightly cooling by the end of 2024, which may support the Federal Reserve in taking a cautious approach in future interest rate decisions.

web3 field

The latest outlook report from a certain digital asset investment company points out that Ethereum has clear advantages in long-term development, while also recognizing Solana's rapid growth. The report emphasizes that Ethereum's strong fundamentals, such as developer activity, TVL, and stablecoin supply, support its long-term prospects. Although Solana's revenue and TVL growth rates are faster, the report believes that most of its revenue comes from Meme coin trading, which is seen as a cyclical trend.

The report further points out that Solana's reliance on meme coins is similar to Ethereum's use of certain DEXs, but believes that the connection between Ethereum's fundamentals and speculation is less, making it more stable in the long run. The report also mentions that both networks plan to upgrade. Solana's Firedancer upgrade aims to significantly increase transaction speeds, while Ethereum's Prague/Electra (Pectra) upgrade focuses on enhancing functionality, scalability, and user security. However, the report believes that the Pectra upgrade may not generate widespread interest from the community, as it does not have a direct impact on ETH's value proposition from an investment perspective.

Hot Events

macro environment

Italy's largest banking group, Intesa Sanpaolo, has made its first investment in cryptocurrency, purchasing 11 Bitcoins worth approximately 1 million euros. Although the bank has confirmed the transaction, it did not disclose the motivation behind the investment or its future cryptocurrency strategy. The bank is relatively advanced in the field of blockchain and cryptocurrency, having previously piloted the issuance of digital bonds on Polygon.

The trend of large institutional investors buying Bitcoin is becoming increasingly significant, with a certain software company having continuously purchased Bitcoin for 10 consecutive weeks. Other institutions, such as the "Asian version of MicroStrategy" Metaplanet, are also actively following suit, having recently purchased 237 Bitcoins at a price of $95,972.

web3 field

As news spreads that Trump is preparing to sign an executive order supporting cryptocurrencies on his first day in office, the price of Bitcoin rebounds to $94,000. These orders may overturn key regulatory measures, including the SEC's Accounting Bulletin No. 121 (SAB 121), which requires companies holding customer cryptocurrencies to record these assets as liabilities on their balance sheets.

It is expected that these measures will address the major challenges facing the cryptocurrency industry, such as banking restrictions and the controversial SAB 121. Currently, the SAB 121 policy makes it more expensive and risky for banks to hold cryptocurrencies, which means they are less likely to offer cryptocurrency custody services to customers.

With the news spreading, the cryptocurrency market experienced a strong rebound, with Bitcoin rising from $89,000 to $95,000; Ethereum also rebounded from below $3,000 to $3,100.

Hot Narrative

The ANIME token will be launched in January 2025 on the Ethereum and Arbitrum platforms, with 50.5% of the tokens allocated to the community. ANIME aims to transform the anime ecosystem into a community-owned creative economy through partnerships with decentralized brands, providing participation opportunities for over 1 billion anime fans. Community members participating in the token claim include Hyperliquid, Kaito, and Arbitrum.

A certain NFT project also announced cooperation with the Animecoin Foundation to jointly promote the construction of an open anime universe. The project's community demonstrates the unique value of Web3 in intellectual property incubation through decentralized brand building, the creation of over 100 sub-communities, hosting global events, and rich fan creations.

Affected by this news, related NFT series generally rose, with one series experiencing a daily increase of 17.45%, another series a daily increase of 20.25%, and yet another series reaching a daily increase of 22.86%.

Attention Value - Hot Projects

Project Introduction

AICC | AI | Some DAO

• A project launched by a team of members from a certain trading platform, a certain tech giant, a well-known investment institution, and other major participants.

• Positioning itself as a DAO that emphasizes both investment and development. Focused on promoting decentralized, open-source AI development and supporting high-potential projects across different ecosystems.

• The team has been working hard to develop the first AI agent, and will share more information in the coming weeks.

• A certain project has been invited to provide consulting for the DAO, and the team has directly transferred 100% of the AICC tokens into its project treasury. At the same time, the team plans to use 30% of the AICC tokens to create an AICC/ARC liquidity pair, which will generate fees and return to the project treasury. These fees will be used to fund ecosystem programs and incentivize developers' contributions. The remaining 70% of AICC tokens have been locked in a custodial contract, with the project treasury as the beneficiary, and will be released linearly next year.

Attention Value - Sector Rotation

Hot Sectors

Internal Section