Huobi HTX New Asset Weekly Review: Dual-Chain Meme Surge

Past week (December 1st – December 7th), under the dual influence of market sentiment oscillation and a warming of risk appetite among capital, multiple high-volatility assets on the Huobi HTX platform experienced strong surges, with AI Meme assets on the SOL and BSC chains such as PIPPIN, FHE leading the rally, forming a “dead cat bounce” style recovery; meanwhile, the long-dormant bankruptcy sector saw rotation due to recent news about founder Do Kwon. Below are the highlights of this week’s gains.

SOL Meme: The strongest capital inflow mainline, PIPPIN leads with 150% increase

Over the past week, the SOL ecosystem continued to be at the center of high-volatility narratives, with the combination of AI + Meme becoming the most pursued track. This narrative exhibits typical short-term trading characteristics, and SOL remains one of the most suitable public chains for incubating highly elastic assets.

• PIPPIN (Pippin): +150%, weekly champion. Pippin is an SVG unicorn created using the latest LLM benchmarks on ChatGPT 4o. Pippin was created by renowned innovator and thought leader in the VC field, Yohei Nakajima (followed closely by Jeff Bezos and Marc Andreessen).
• FARTCOIN (Fartcoin): +37%, continuing the “AI + MEME” fusion gameplay. Fartcoin is a Meme token on the SOL chain inspired by truth terminal.
• MOODENG (Moo Deng): +32%, a rebound asset driven by positive sentiment in the SOL ecosystem. As a hippo-themed Meme asset on the SOL chain, market participants, after chasing AI Meme, are also beginning to expand into traditional Meme sectors.

BSC AI: On-chain AI application enthusiasm continues

The AI sector on the BSC chain also performed outstandingly. From on-chain trends, BSC’s AI projects generally feature “technological concepts, light asset operation, high community engagement,” making it easier to generate liquidity resonance in a short period. The concentrated weekly gains also indicate that capital is willing to continue seeking high Beta opportunities in the “low threshold, strong narrative” track.

• FHE (Mind Network): entered the second place on the list with a weekly increase of 135%, making it 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, on-chain data security, and related topics are boosting market sentiment.
• SKYAI: +65%, continuing the “rotation logic” of small-cap AI assets on BSC. SKYAI is a comprehensive AI ecosystem driven by MCP, aiming to seamlessly integrate intelligent solutions across industries. Currently, SKYAI supports aggregated datasets from BSC and Solana, with a total scale exceeding 10 billion rows.
• B (BUILDon): +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 kill”

The biggest surprise this weekend was the strong rebound of the bankruptcy sector. The long-dormant LUNA-related assets experienced significant rebounds amid sentiment recovery:

• LUNC (Terra Classic): +104% weekly increase, leading the bankruptcy sector. Terra Classic (LUNC) is the original native cryptocurrency of the Terra blockchain. After the collapse of Terra stablecoin (UST) and network fork in May 2022, it was renamed Terra Classic to distinguish from the new Terra chain (LUNA 2.0). Community-level expectations of “restructuring” and “nostalgia” once again became driving factors.
• USTC (Terra Classic USD): +56%, a sentiment-linked asset that moved in tandem with LUNC. It is a decentralized algorithmic stablecoin pegged to the US dollar.
• LUNA (Terra): +52%, continuing sector rotation. It’s worth noting that this sector reflects short-term market attention to “nostalgic assets,” characterized by high volatility, with gains and risks intertwined.

AI Meme and bankruptcy sector dual drive, short-term risk appetite fully reborn

Overall, December 1st to 7th was a typical “return of the妖性行情” period. The AI Meme track on SOL and BSC saw significant gains, while the bankruptcy sector rebounded strongly over the weekend. Assets on the Huobi HTX platform exhibited strong rotation and high elasticity. As market sentiment continues to improve, short-term traders will still have ample volatility opportunities in the coming weeks.

Amid this multi-sector resonance rally, Huobi HTX will continue to leverage its global platform’s deep resources and agile response capabilities to lead the next phase of wealth effect expansion, providing users with more certain asset growth opportunities.

About Huobi HTX

Huobi HTX was founded in 2013. After 12 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, derivatives, research, investment, incubation, and other businesses.

As a leading global Web3 portal, Huobi HTX adheres to the development strategies of global expansion, ecosystem prosperity, wealth effect, security, and compliance, providing virtual currency enthusiasts worldwide with comprehensive, secure, and reliable value and services.