Weekly Deal Updates - December 16 2024
Deal Meeting Date
Dec 16, 2024
Sponsor
Pond AI
ISO Week
46
Number of Deals
2
gm! Welcome to the weekly Fight Club newsletter, a one-stop shop for top crypto news and curated new deals.
Subscribe to our monthly newsletter for a deeper dive into a trending topic in Web3 and project spotlight. This monthʻs topic is the ZK-TLS.
FC does not provide investment advice. DYOR before investing.
In this newsletter:
- 💰New Deals💰
- 📰 Top News 📰
- 📈 Market Data 📉
🗞️ Sponsor 🗞️
Contact us if you would like to sponsor this newsletter.
🧠 🤖 Pond AI 🤖 🧠
Pond is a crypto-native AI model using graph deep learning trained with on-chain data to predict on-chain behaviors and streamline the development of AI-powered crypto-native applications in DeFi, social, trading, MEV, and security sectors.
The technical team brings extensive research and engineering experience from world-leading graph ML and AI companies, with over 40 publications in prestigious AI journals and conferences, including IEEE, Nature, Harvard Business Review, ICML, NeurIPS, CVPR, and PNAS. 🚀
💰 New Deals 💰
Want to learn more about a project? If we get the votes on a deal we set up an AMA. Look for the 🚀 in the forum post and place your vote.
New to Fight Club Discord? Head to #start-here to begin the onboarding process. Select the 🧐Prospective Investor role in #role-select to reveal the deal forum.
- Zeus Exchange $140k SAFT
ZEUS Exchange is an innovative decentralized exchange that can trade on spot and derivatives (Perpetual DEX). ZEUS exchange brings equitable and trust-driven token distribution by solving the airdrop problem, and it enables fair distribution of airdrop based on SBT (Soulbound Token) using a unique algorithm.
- Electra $1.75 Public SAFT
Backed by Liquidity Layer Lumia, Electra aims to build a state-of-the-art multi-chain Perpetual DEX, combining the best of CeFi and DeFi. It offers effortless trading via the Telegram Mini App, competitive Fees & leverage, advanced multi-chain capabilities, AI-powered trading, enhanced privacy, and gamified onboarding.
📰 Top Crypto News 📰
Here's the latest scoop from the blockchain, crypto, and Web3 world. 🚀🌐
- 💰 Bitcoin surges past $107,000 on hopes for US strategic reserve - Bitcoin reached a new peak, surpassing $107,000, following remarks from President-elect Donald Trump about his intention to establish a strategic reserve for Bitcoin. This announcement has invigorated cryptocurrency enthusiasts and pushed the market into uncharted territory
- 🛠️ Balancer V3 Launches with Boosted Pools to Enhance Capital Efficiency - Balancer V3, in partnership with Aave, introduced Boosted Pools designed to improve capital efficiency in decentralized finance (DeFi) liquidity provision.
- 🎮 ‘Tens of Millions’ to Enter Web3 Through Gaming in 2024 — GameFi Execs - Industry leaders predict that blockchain gaming will onboard tens of millions of users to Web3 in 2024, driven by the commercial release of highly anticipated games and increased adoption in Asia.
- ⚖️SEC Serves NFT Project CyberKongz With Wells Notice Citing Securities Violations - Charges against CyberKongz could present “major implications” for the blockchain gaming industry, the project said Monday.
- 🛠️ Team Behind Blockchain-Powered AI16z Bot Partners with Stanford to Study Autonomous Crypto-AI Agents - The creator of the AI16z bot, Eliza Labs, is partnering with Stanford University to study how autonomous AI bots will integrate with the wider digital asset economy.
- 🪙 Binance Partners With Circle to Push USDC Stablecoin Adoption Across the Globe- The partnership will bring more USDC trading pairs, special promotions on USDC across trading and other products, Binance CEO Richard Teng said.
- 🚀 Step Finance Aims to Bring Tokenized Stocks, Like Nvidia and Tesla, to Solana with Latest Acquisition - Step Finance announced plans to introduce tokenized stocks of major companies, including Nvidia and Tesla, to the Solana blockchain, bridging traditional finance with decentralized platforms.
- 💰 MegaETH Developer Raises $10 Million in 3 Minutes on Cobie's Echo - The developer behind MegaETH successfully raised $10 million in just three minutes through Cobie's Echo platform, demonstrating strong investor confidence in innovative blockchain projects.
- 💰 Variant and Polychain Capital Lead $12 Million Series A for Web3 AI Firm Hyperbolic - Hyperbolic, a Web3 AI cloud firm, secured $12 million in Series A funding led by Variant and Polychain Capital, bringing its total funding to $20 million. The investment will bolster engineering teams and support the development of Hyperbolic's own blockchain.
- 🛠️ Web3 Notifications Protocol Push to Launch Its Own Layer 1 Chain - Push, a Web3 notifications protocol, announced plans to develop and launch its own Layer 1 blockchain to improve efficiency and scalability of decentralized notifications.
📈 Market Data 📉
DEX Weekly Transaction Volume by Chain
Top Cryptocurrencies
| Token | December 9, 2024 | December 17, 2024 | % Change |
| BTC | $97,354 | $106,035 | 8.9% |
| ETH | $3,713.31 | $3,879.41 | 4.5% |
| BNB | $688.01 | $715.65 | 4.0% |
| SOL | $217.62 | $222.74 | 2.4% |
| XRP | $2.22 | $2.56 | 15.3% |
Source: CoinGecko Closing Prices.
Significant Gainers and Losers
Criteria: 1) Volume (24h) > US$50,000; 2) Have gained or lost the most in the last 7 days.
- Active Gainers:
| Token | Price | % Price Change(7d) | Volume (24hr) |
| Pudgy Penguins (PENGU) | $0.03124 | 524.86% | $2,080,118,105 |
| Virtuals Protocol (VIRTUAL) | $2.69 | 72.87% | $259,340,267 |
| Aave (AAVE) | $362.58 | 34.56% | $894,462,602 |
- Active Losers:
| Token | Price | % Price Change (7d) | Volume (24hr) |
| XDC Network (XDC) | $0.08015 | -13.51% | $37,920,332 |
| Kaspa (KAS) | $0.1361 | -13.23% | $227,039,631 |
| Bittensor (TAO) | $513.27 | -10.22% | $336,318,264 |
Source: CoinMarketCap as of December 17, 2024
Market Sentiment and Indicators
- Crypto Fear and Greed Index: During this period, the index value started at 78 (Greed), fluctuated slightly within the Greed Zone throughout the week, and eventually rose to 81 (Greed). The index is recalculated daily, reflecting the emotional state of the market, which can influence trading behaviors.
Source: Crypto Fear and Greed Index
🥊 Join Fight Club 🥊
- 👾 Participate in our community on Discord
- ✖️ Follow us on Twitter
- 🤝🏽 Join our Deal channel on Telegram
- 🖼️ Mint an NFT to participate in deals and FC programs
- 📺 Subscribe to our YouTube to see project demos