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Ethereum's price faced a 20.7% correction, dropping to $2,924, leading to significant liquidations. Despite this, derivatives indicate strong interest from buyers, though sentiment remains subdued as ETH struggles to reclaim $3,200, delaying a potential rally toward $3,600. High transaction fees and competition from Solana and BNB further challenge Ethereum's position, while its roadmap's progress will be crucial for future gains.
Moemate is set to launch its $MATES token on January 14, 2025, following the platform's rapid growth to over 6 million users since its October 2023 debut. Designed for both technical and non-technical creators, Moemate enables the development of advanced AI agents for entertainment, media, and productivity, boasting over 500,000 community-created agents. The introduction of the "Agent Dojo" incubator aims to further enhance the capabilities of these AI agents through partnerships and innovative projects.
USDC's circulating supply has surged 80% from its 2023 lows, nearing $44 billion as onchain activity increases and users diversify across blockchain networks. Currently, 65% of USDC is on Ethereum, with significant growth on Solana and other layer-1 networks. Analysts predict USDC's market cap could double in 2025, driven by stablecoin adoption in decentralized finance and potential regulatory shifts affecting Tether in the EU.
T. Dan Smith
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ethereum faces challenges in price recovery amid strong competition and high fees
20:40 14.01.2025
Moemate launches $MATES token empowering millions to create AI agents
21:53 13.01.2025
usdc market cap surges as onchain activity diversifies across networks
22:44 02.01.2025
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