ARC and UFD rose against the trend to reach new highs. Did you catch the golden dog amidst the cold market?
The colder the market, the more valuable the dog.Author: Penny, BlockBeats
At the latest Federal Reserve meeting, it was announced that the benchmark policy interest rate was lowered by 25 basis points, to 4.25% to 4.5%. Although this outcome met market expectations, the hawkish wording in the statement and adjustments to economic forecasts had a noticeable negative impact on market sentiment.
Cryptocurrencies opened to a bleak market, with significant declines in the prices of major coins and altcoins. Bitcoin fell below $100,000 on the morning of the 19th, while Ethereum dropped from $3,906 to a low of $3,543. According to Coinglass data, the total liquidation across the network in the past 24 hours reached $843 million, with long positions liquidating $743 million and short positions liquidating $100 million.
However, amidst the overall market downturn, AI concept coins represented by ARC and "Fartcoin" represented by UFD stood out, not only unaffected by the cold market environment but also experiencing strong rallies, frequently hitting new highs, becoming the two major stars of the market.
Despite the cooling market sentiment, influenced by the high trading volumes of tokens like Fat Penguin, UFD, and FARTCOIN, the 24-hour trading volume on the Solana chain saw a significant increase compared to previous days, with the overall market trading volume remaining at a high level.
AI Concept
ARC
ARC is a platform driven by the Rust framework (known as RIG) for the development of AI agents, serving as a tool for the AI field, suitable for AI applications that require high optimization and performance. In the early hours of the 19th, the ARC project team revealed the following on Twitter Space:
ARC is built using Solana's "native" Rust language to create an open-source AI agent framework, with accessible development language and close future collaboration with Solana.
It has over 1,000 stars on GitHub and is still increasing.
ARC has created a launchpad for agents and tied the Arc token to the LP of each agent, facilitating the integration of ARC tokens into the reward mechanism economic model. Therefore, ARC is also referred to as Virtual on Solana.
This indicates that ARC is a technically strong team that is continuously innovating and seeking cooperation and development.
In the early hours of the 19th, ARC's market cap began to rise and maintained a strong growth momentum. Meanwhile, following the Federal Reserve's announcement of a 25 basis point cut in the benchmark policy interest rate, which negatively impacted market sentiment, Bitcoin, Ethereum, Solana, and altcoin prices all saw significant declines. However, ARC steadily broke through previous highs to reach a market cap of $244.6M, maintaining strong growth momentum and performing exceptionally well.
As a token that has maintained the highest trading volume in the AI Agent field for several consecutive days, backed by strong technology, ARC is viewed favorably by many investors for its future development potential and is expected to lead a new generation of AI Agent trends.
Highest Market Cap: $244.6M
Current Market Cap: $210.7M
24h Trading Volume: $49.2M
Highest Profit from Purchase at 12 AM Today (GMT +8): 21.69%; Current Profit: 4.83%
DAIGE
D AI GE is a perceptive AI dog and the cyberpunk brother of Doge, dreaming of being adopted by Elon and colonizing Mars. D AI GE is an AI product developed based on the Eliza framework, with the founding team having over 7 years of experience in AI and Web3, previously launching products in fields such as Optimism, Filecoin, and NATO. The high-profile combination of AI + DOGE + Musk's Mars concept, along with an excellent founding team, has given D AI GE a significant boost, quickly rising to $15M within 4 hours of the token's issuance, followed by a slight retreat, with the market cap fluctuating around $6M.
Highest Market Cap: $15M
Current Market Cap: $6.1M
24h Trading Volume: $30.2M
Highest Profit from Purchase at 12 AM Today (GMT +8): 24.36%; Current Profit: -21.79%
APPLE
APPLE (dog with apple in mouth) belongs to a viral concept on TikTok, with a16z co-founder Marc Andreessen having retweeted a creative video related to APPLE. The apple dog leveraged TikTok's massive influence to create viral spread, greatly enhancing the meme token's popularity. In the early hours of the 19th, Adidas released a 5-second apple dog video on TikTok, driving a rapid increase in APPLE's price and sparking a wave of cute apple dog videos created by AI.
Highest Market Cap: $78.9M
Current Market Cap: $38.6M
24h Trading Volume: $23.8M
Highest Profit from Purchase at 12 AM Today (GMT +8): 6.43%; Current Profit: -8.1%
"Fartcoin" Concept
On the evening of December 18th at 8 PM, Binance announced the second batch of Binance Alpha list, which included the recently popular Fartcoin. Once the list was announced, UFD, related to the Fartcoin concept, surged by as much as 210.76% within 4 hours. In today's emerging clones, FB (Fart Bird) surged to a high of $7.87M within two hours, demonstrating strong growth momentum.
UFD
UFD, short for Unicorn Fart Dust, was launched by a baby boomer and aims to prove the value of cryptocurrency, humorously referred to by netizens as "old man fun." The token quickly surged to around $30M upon release, and after the announcement of the second batch of Binance Alpha list on the evening of December 18th, UFD rapidly rose to nearly $100M, and then gradually broke through to around $150M today, still maintaining significant upward momentum.
Highest Market Cap: $159.1M
Current Market Cap: $144.7M
24h Trading Volume: $120.5M
Highest Profit from Purchase at 12 AM Today (GMT +8): 70.16%; Current Profit: 54.76%
FB
FB, FartBird, has a narrative similar to UFD, with the issuer being 63 years old, also attracting attention by promoting "old man launches new coins," while leveraging the coincidence of the token's name being the same abbreviation as Facebook, "FB," for publicity. Upon release, the token's market cap quickly surged, reaching $7.87M within two hours, but subsequently began to decline, currently fluctuating around $2M.
Highest Market Cap: $7.87M
Current Market Cap: $2.9M
24h Trading Volume: $24.4M
Highest Profit from Purchase at 1 PM Today (GMT +8) (after market opening): 1024.29%; Current Profit: 314.29%
