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ARC and UFD bucked the trend and hit new highs. When the market turned cold, did you catch the golden dog?

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Reprinted from chaincatcher

12/20/2024·5M

Author: Penny , BlockBeats

At the latest interest rate meeting of the Federal Reserve, it was announced that the benchmark policy interest rate would be cut by 25 basis points, from 4.25% to 4.5%. Although this result was in line with market expectations, the hawkish language in the statement and the adjustment of economic forecasts had a relatively obvious negative impact on market sentiment.

Cryptocurrency had a dismal start, with prices of major mainstream coins and altcoins falling significantly. Bitcoin fell below $100,000 on the morning of the 19th, and Ethereum fell from a low of $3,906 to $3,543. According to Coinglass data, the entire network liquidated $843 million in the past 24 hours, of which $743 million was liquidated for long orders and $100 million was liquidated for short orders.

However, in the general market decline, AI concept coins represented by ARC and "Fartcoin" concept coins represented by UFD stood out. Not only were they not affected by the cold market environment, but they rose strongly and frequently reached new highs. Become the two well-deserved golden dogs.

Although market sentiment has cooled, due to the popularity of large-volume tokens such as Fat Penguin, UFD, and FARTCOIN, the 24-hour trading volume on the Solana chain has increased significantly compared with the previous few days, and the overall market trading volume remains at a high level.

AI concept

ARC

ARC is a platform driven by the Rust framework (called RIG) to promote the development of AI agents. As a tool for the AI ​​field, it is suitable for AI applications that require high optimization and high performance. In the early morning of the 19th, the arc project revealed the following on Twitter space:

1. ARC uses Solana's "native language" Rust language to build an open source AI agent framework. The development language is accessible and there will be close cooperation with Solana in the future.

2. There are more than 1,000 stars on GitHub and still increasing.

3. ARC created an agent launch board and bound Arc tokens to each agent's LP, which is conducive to integrating ARC tokens into the reward mechanism economic model. Therefore ARC is also called Virtual on Solana.

The above shows that ARC is a team that has technology and strength, is constantly innovating and producing results, and is constantly seeking cooperation and development.

In the early morning of the 19th, the market value of ARC began to rise and maintained a strong growth momentum. At the same time, at the latest interest rate meeting of the Federal Reserve last night, the benchmark policy interest rate was lowered by 25 basis points. The hawkish words in the statement and the adjustment of economic forecasts had a negative impact on market sentiment. The prices of Bitcoin, Ethereum, Solana and altcoins were all obvious. Falling, ARC gradually stabilized and broke through the previous high of 244.6M amid the downward trend of the market. It also maintained strong growth momentum and performed extremely well.

As the token with the highest trading volume in the AI ​​Agent field for many consecutive days, and with strong technical support, ARC is favored by many investors for its future development potential and is expected to lead the trend of a new generation of AI Agents.

Highest market value: 244. 6M

Current market value: 210. 7M

24h transaction volume: 49. 2M

The highest profit from buying at 12AM today (GMT +8): 21.69%; current profit: 4.83%

DAIGE

D AI GE is a sentient artificial intelligence dog and Doge's cyberpunk brother. Its dream is to be adopted by Elon and colonize Mars. D AI GE is an AI product developed based on the Eliza framework. The founding team has more than 7 years of experience in AI and Web3, and has previously launched products in Optimism, Filecoin, NATO and other fields. With the highly popular AI + DOGE + Musk Mars concept, coupled with an excellent creation team, the buffs of D AI GE were fully stacked, and the token quickly rose to 15M within 4 hours after the token was issued. It then fell back, and the market value has been at 6M. Fluctuate left and right.

Maximum market value: 15M

Current market value: 6. 1M

24h trading volume: 30. 2M

The highest profit from buying at 12AM today (GMT +8): 24.36%; current profit: -21.79%

APPLE

APPLE (dog with apple in mouth) is a popular concept on TikTok. a16z Lianchuang Marc Andreessen once forwarded a creative video related to the concept of APPLE. Apple Dog relied on the huge influence of the TikTok platform to form a viral spread, which greatly improved the meme generation. Coin popularity. In the early morning of the 19th, adidas released a 5-second video of an Apple dog on TikTok, which promoted the rapid increase in the price of APPLE and led to a wave of AI-generated cute Apple dog videos.

Maximum market capitalization: 78. 9M

Current market value: 38. 6M

24h transaction volume: 23. 8M

The highest profit from buying at 12AM today (GMT +8): 6.43%; current profit: -8.1%

"Fartcoin" concept

At 8 pm on December 18, Binance announced the second batch of Binance Alpha lists, including Fart coin, which has attracted much attention recently. Once the list was announced, UFD related to the concept of Fart coin increased by as much as 210.76% within 4 hours. In the imitation market that appeared today, FB (Fart Bird) rose to a maximum of 7.87M within two hours, showing a strong Growth momentum.

UFD

UFD, the full name is Unicorn Fart Dust. The publisher was born in the baby boomer generation and used this currency to prove the value of cryptocurrency. Netizens nicknamed it "Old Man Happy". As soon as the token was released, it quickly rose to around 30M. After the second batch of Binance Alpha list was announced on the evening of December 18, UFD quickly rose to close to 100M, and then gradually broke upward to around 150M at noon today, and it still remains relatively large. Upward momentum.

Highest market value: 159. 1M

Current market value: 144. 7M

24h transaction volume: 120. 5M

The highest profit from buying today at 12AM (GMT +8): 70.16%; current profit: 54.76%

FB

FB, FartBird, has a narrative similar to that of UFD. The coin issuer is 63 years old. He also uses the selling point of "old people to issue new coins" to attract attention. At the same time, the coincidence of the coin name and the same abbreviation "FB" as FaceBook is used as a gimmick to promote. Once the token was released, its market value rose rapidly, reaching 7.87M within two hours. Subsequently, the market value began to fall and is currently fluctuating around 2M.

Highest market value: 7.87M

Current market value: 2. 9M

24h transaction volume: 24. 4M

Today's 13AM (GMT +8) (after opening) highest profit from buying: 1024.29%; current profit: 314.29%

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