The overall cryptocurrency market is currently in a correction phase, with market sentiment turning to "Extreme Fear."

Fear and Greed Index: Today it dropped to 25, entering the "Extreme Fear" zone.
Major Asset Performance: Bitcoin fluctuates around $90,000, failing to break through key resistance levels effectively.
The market has experienced a structural rally, with eco and AI-related tokens performing notably.
POL (Polygon)
· 24-hour increase: +16.15%
· Main reason: The Polygon PoS network's daily transaction fee burn hit a new all-time high, destroying 3 million POL tokens within 24 hours, creating a deflationary effect. Additionally, 3.6 billion POL tokens are staked, indicating market recognition of its fundamentals.
RENDER (Render)
· 24-hour increase: +8.59%
· Main reason: As a decentralized GPU rendering platform, it continues to attract attention in the AI sector, showing simultaneous growth in volume and price.
PUMP (Pump.fun)
· 24-hour increase: +7.94%
· Main reason: The platform launched a new creator fee-sharing mechanism, enhancing its attractiveness. Meanwhile, the Meme coin ecosystem on the entire Solana chain is regaining activity.
STX (Stacks)
· 24-hour increase: +7.70%
· Main reason: As a second-layer network for Bitcoin, it continues to benefit from the popularity of Bitcoin ecosystem applications. Its total value locked (TVL) has seen significant growth over the past week.
M (MemeCore)
· 24-hour increase: +6.91%
· Main reason: As a representative token of the Meme coin ecosystem, it rises along with the overall Meme coin market cap and trading volume.
Meme coin volatility: On the BSC chain, a Meme coin called “Laozi” surged over 730 times within a day. Such assets are highly volatile and carry significant risks.
Regulatory updates: Starting January 1, 2026, more than 40 countries, including the UK, will implement new Crypto Asset Tax Information Automatic Exchange Rules (CARF), tightening global crypto tax regulation.
Today’s market shows clear divergence: on one side, projects like POL and RENDER benefiting from ecosystem growth and burn mechanisms are rising against the trend; on the other side, privacy coins like ZEC and NIGHT have plummeted due to negative events and sector rotation. $PUMP $ZEC