Over the past week (December 1 to December 7), influenced by both fluctuating market sentiment and a renewed risk appetite among investors, several highly volatile assets on the Huobi HTX platform experienced strong rallies. AI Meme assets on the SOL and BSC chains, such as PIPPIN and FHE, led the gains, displaying a "dead cat bounce" style recovery. Meanwhile, the long-dormant bankruptcy sector saw a rotation due to recent news about founder Do Kwon. Below are the highlights of this week's top performers.
SOL Meme: Strongest Inflow of Funds, PIPPIN Leads with 150% Gain
Over the past week, the SOL ecosystem remained at the center of high-volatility narratives, with the combination of AI + Meme becoming the most chased sector. The narrative features typical short-term gaming characteristics, and SOL remains one of the most suitable public chains for incubating highly elastic assets.
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PIPPIN (Pippin): Up 150%, the top gainer this period. Pippin is an SVG unicorn drawn using the latest LLM benchmark on ChatGPT 4o. Pippin was created by Yohei Nakajima, a recognized innovator and thought leader in the AI VC field (followed by Jeff Bezos and Marc Andreessen).
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FARTCOIN (Fartcoin): Up 37%, continuing the "AI + MEME" fusion trend. Fartcoin is a Meme token on the SOL chain inspired by truth terminal.
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MOODENG (Moo Deng): Up 32%, a catch-up asset boosted by the rising sentiment in the SOL ecosystem. As a hippo-themed Meme asset on the SOL chain, market participants began spreading to traditional Meme sectors after chasing AI Memes.
BSC AI: On-Chain AI Application Heat Continues
The AI sector on the BSC chain also performed prominently. From on-chain trends, BSC's AI projects generally feature "technical concepts, light asset operation, and high community participation," making them more likely to form liquidity resonance in a short time. This week's concentrated gains also indicate that funds are willing to continue seeking high-beta opportunities in "low-threshold, strong narrative" sectors.
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FHE (Mind Network): Entered the list as the second top gainer with a 135% weekly increase, one of the most noteworthy technical assets this week. Mind Network is promoting the development of a new generation of zero-trust internet transmission protocol (HTTPZ). Ongoing discussions around homomorphic encryption and on-chain data security have driven market sentiment.
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SKYAI: Up 65%, continuing the "rotation logic" of small-cap AI assets on BSC. SKYAI is a comprehensive AI ecosystem powered by MCP, aiming to seamlessly integrate intelligent solutions across industries. Currently, SKYAI supports aggregated datasets from BSC and Solana, totaling over 10 billion rows.
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B (BUILDon): Up 46%. BUILDon represents a hybrid Layer-2 blockchain solution that leverages Bitcoin's security framework and Ethereum Virtual Machine (EVM) compatibility to facilitate dApp development.
Bankruptcy Sector: Weekend Sentiment Ignites "Nostalgia"
The biggest surprise this weekend came from the strong rebound in the bankruptcy sector. The long-dormant LUNA-related assets saw significant rebounds amid improved sentiment:
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LUNC (Terra Classic): Up 104% weekly, leading the bankruptcy sector. Terra Classic (LUNC) is the original native cryptocurrency of the Terra blockchain. After the collapse of the Terra stablecoin (UST) and network fork in May 2022, the name was changed to Terra Classic to distinguish it from the new Terra blockchain (LUNA 2.0). Community-level "restructuring expectations" and "historical sentiment" once again became driving factors.
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USTC (Terra Classic USD): Up 56%, an emotion-linked asset, strengthening in sync with LUNC. It is a decentralized algorithmic stablecoin pegged to the US dollar.
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LUNA (Terra): Up 52%, continuing the sector rotation. It is worth emphasizing that this sector represents the market's short-term attention to "nostalgic assets," with extremely high volatility, where gains and risks coexist.
Dual Drivers of AI Meme and Bankruptcy Sector, Short-Term Risk Appetite Fully Recovers
Overall, 12/1-12/7 was a typical week of "return of speculative行情". The AI Meme赛道 on SOL and BSC saw significant gains, and the bankruptcy sector staged a strong counterattack over the weekend. Assets on the Huobi HTX platform showed strong rotation and high elasticity. As market sentiment continues to warm up, short-term traders will still have ample volatility opportunities in the coming weeks.
In this round of multi-sector共振上涨, Huobi HTX will continue to leverage the deep resources and agile response capabilities of its global platform to lead the diffusion of wealth effects in the next stage, providing users with more certain asset growth opportunities.
About Huobi HTX
Huobi HTX was established in 2013. After 12 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.
Huobi HTX, as a leading global Web3 gateway, adheres to a development strategy of global expansion, ecological prosperity, wealth effect, and security compliance, providing comprehensive, secure, and reliable value and services to global virtual currency enthusiasts.
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