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The S&P 500 dropped 0.04%, halting a potential "Santa Claus rally." It has risen 26% in 2024, with attention now turning to the Fed's 2025 policy and geopolitical risks. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 3.15%, with Bitcoin and Ether dropping by 3.65% and 3.81%, respectively in the past 24 hours.
Today's top performer is ME, which surged 13.9% following the launching of 'Mooz' by Cool Cows on the Magic Eden Launchpad.
Magic Eden (ME), launched in September 2021, is the largest NFT marketplace on the Solana blockchain, allowing users to buy, sell, mint, and manage tokens. Cool Cows announced the launch of "Mooz by Cool Cows" on Magic Eden Launchpad on December 27th. They encourage joining their Discord for a chance at WL or OG spots before launch day.
MOODENG surged significantly following a donation from Ethereum co-founder Vitalik Buterin, who adopted Moo Deng, a pygmy hippopotamus, and contributed a substantial amount to support wildlife conservation. Despite the explosive price increase, analysts warn that the gains may be temporary due to broader market volatility and overbought conditions. Trading volumes spiked, but technical indicators suggest potential corrections. Overall, market sentiment remains cautious, with predictions of possible price dips before stabilization.
Check Out the Latest Prices, Charts, and Data of MOODENGUSDT Perp Contracts!
Category | Flow (millions) |
GBTC | (24.2) |
Non-GBTC | 442.9 |
Total | 418.7 |
Yesterday, the total flow for BTC Spot ETFs was 418.7 million, with 442.9 million in non-GBTC and a -24.2 million flow in GBTC.
Jupiter's second airdrop is scheduled for January, with draft criteria revealed during an AMA. Participants can earn JUP tokens based on their swapping volume, starting at $800 for 50 JUP. Higher volumes can earn up to 20,000 JUP. Additional allocations are available for users of Jupiter's Perps, DCA, Limit Orders, or VA features, as well as JUP stakers and governance participants. These criteria are draft and may change.