Experts predict that Dogwifhat, a competitor of Shiba Inu, will reach $10 in short-term liquidation. Cryptocurrency trader and analyst Unipcs (Bonk Guy) reiterated his bullish prediction for Dogwifhat (WIF). In making this statement, he revealed the amount of money shorts lost due to bearish sentiment on this meme token. Unipcs mentioned in a post on X (formerly Twitter) that Dogwifhat "will rise to $10" and will never fall back to $1. He added that the market is currently in a meme coin supercycle, which is why he believes meme coins can reach such heights. The cryptocurrency trader also emphasized how shorts on WIF are "under severe pressure" and said that this is "how it should be". In addition to Dogwifhat, Unipcs is generally optimistic about meme coins. He gained fame for his support of another meme coin based on Solana, Bonk, and held $16,000 in October 2023, which he still holds as of the last shared trading update. According to his update, his unrealized profit once rose to $13.7 million. Unipcs' bullish sentiment towards meme tokens is not surprising, as these types of encrypted tokens are predicted to be one of the main narratives of this bull market. It is also worth noting that meme coins Dogwifhat and Pepe (PEPE) are currently the top-performing assets among the top 50 cryptocurrencies by market capitalization this year, with year-to-date (YTD) gains of over 1,800% and 1,000% respectively. Unipcs is not the only one who believes that WIF could rise to $10. Another cryptocurrency trader named "Free" has also reiterated on different occasions that the meme coin will reach that price level. At the same time, cryptocurrency analyst Bluntz Capital is also very bullish on Dogwifhat, stating that the meme coin will replace PEPE and Shiba Inu (SHIB) as the second-largest meme coin by market capitalization, second only to Dogecoin (DOGE). CrediBULL Crypto, a cryptocurrency analyst, recently revealed his bearish expectations for meme coins, including WIF. He foresees the "demise of memes," which could be worse than he initially imagined. He added that this situation would "catch many people off guard." He claims that when the time is right, he will become bullish on meme coins, but now is not the time. CrediBULL Crypto also analyzed Dogwifhat in a recent video posted on its YouTube channel. He pointed out that WIF has experienced a significant pump, just as he correctly predicted in his previous market updates. At that time, he mentioned that he expected the meme coin to rise to $3.8 and then fall to $1.6. However, in his recent video, he revealed that he would not short even if Dogwifhat reaches $3.8. Instead, he will wait for the meme coin to reach an undeveloped high point of around $4 to validate his bearish expectations. According to the data, the trading price of Dogwifhat is about $3, and it has increased by more than 6% in the past 24 hours. (Source: Scott Matherson)

With the Fed expected to cut interest rates this year, some of the world's largest investors are bullish on this market.

According to a report by IT House on December 4, Sony recently filed a new patent at the U.S. Trademark Office, which shows that Sony is developing a new game accessibility feature that can dynamically adjust the difficulty of the game to accommodate the sudden return of "returning players" who have not played for a long time. Sony plans to provide hints for players who have been away from the game for a while, and to equip the game with an AI that can listen to and learn the player's behavior, and the AI will track the player's success rate in combat and other missions, so as to dynamically adjust the difficulty of the game and help the player readjust to the difficulty of the game. In addition, based on the player's behavior and progress in the game, the AI will automatically generate a "summary of the essence" and provide it when the player re-challenges the game, so that players can summarize their game play, create a "Hall of Fame" or help players summarize their experience to beat their opponents in an easier way.

Golden Finance reports that FTX Group advisers are investigating the possibility of recovering millions of dollars paid to celebrities such as Shaquille O' Neal and Naomi Osaka for endorsing SBF's cryptocurrency platform before it collapsed. Financial advisers hired by FTX have reviewed payments to the athletes to determine whether they can be recovered under rules that allow companies to undo transactions executed before filing for Chapter 11 bankruptcy, Bloomberg reported, citing court documents. While the disclosures do not provide a comprehensive overview of FTX's endorsement spending, they reveal how SBF's empire leverages the fame of celebrity athletes, Major League Baseball (MLB), National Basketball Association (NBA) teams and Formula 1 racing. Enhance its brand awareness. The extent to which FTX Advisors believes this amount can be recovered, and whether any athletes or teams have offered to return the funds, remains unknown.

Jinse Finance reported that investors in Solana (SOL)-based NFT project Astral have filed a class action lawsuit against NBA star Shaquille O'Neal and the project party. Adam Moskowitz, the plaintiff's attorney, said Shaquille O'Neal was deeply involved in the Astral project. He is in contact with the Astral team every week. The project is entirely due to Shaquille O'Neal's fame. However, O'Neill disappeared from the Astral community following the bankruptcy of FTX, the cryptocurrency exchange he supported, last November. In addition, Astral DAO's governance token GLXY also has the nature of unregistered securities and has a partnership with Astral. Dubai-based venture capital firm Cipher Capital, which trades GLXY tokens, and London-based MH Ventures are also skeptical. Meanwhile, in July, Shaquille O'Neal's lawyers filed to dismiss the class action lawsuit, saying the GLXY tokens and NFTs mentioned in the complaint were designed for gamers.

Golden Finance reported that Billy Markus, the co-founder of Dogecoin, posted on The platform fork only had one-third of its revenue 14 days ago, but it is still grateful for "this gift". The reason for the shrinking revenue may be that fewer and fewer users are willing to pay. According to previously disclosed data, Billy Markus is the second largest earner on the X platform. The largest earner is the "Internet Hall of Fame" with 1.9 million fans.

Worldcoin Suspended in Kenya, One of Its Biggest Markets for Sign-Ups So Far The Kenyan government has temporarily halted operations of Worldcoin, the proof-of-personhood protocol co-founded by Sam Altman of OpenAI fame, due to, no surprise here, data security concerns. During this pause, the country's interior ministry will be assessing the risk Worldcoin's iris data collection poses to the populace. This might impact Worldcoin's growth, as Nairobi, Kenya's capital, accounted for over 250,000 of its sign-ups in December 2022.

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Find Satoshi Lab of Stepn Fame Is Giving Away 2 Million Tokens to Promote New Game Find Satoshi Lab, the creator of Stepn, a blockchain-powered fitness app, is giving away over 2 million GMT tokens, worth approximately 420,000, to promote its upcoming video game, Gas Hero. The competition will last three months, and winners will be awarded GMT tokens for creating and designing avatars for the game. Gas Hero, built on the Solana blockchain, is set to launch later this year.

Golden Finance reports that Kevin O'Leary of Shark Tank fame is concerned about the way the U.S. government is handling cryptocurrency regulation. He said the federal government was less concerned with policy and more concerned with taking quick action, which in turn hurt innovation. Right now, policy is what the U.S. needs when it comes to cryptocurrencies, he said. He commented that the government doesn't need to do anything fancy or special. It just needs to implement the right rules to keep the industry safe and healthy for all. O'Leary noted that I'm not looking for innovation from the federal government. I'm looking for their offer policy. We don't need them to develop anything. What we're going to do is license multiple stablecoins, all backed by the dollar, and let them compete in the market.