Daily Hotspot Review - December 23

▰ Hyperliquid launched the Lighter (LIT) pre-contract, with a quote of $4.15 as of the time of writing, corresponding to an FDV of $4.15 billion.

▰ Zama, which raised $130 million, will start its new offering in January. Holding an OG NFT has two benefits: you can bid up to $200 at a valuation of $55 million. Of course, this doesn't mean you can only bid $200; any excess can't be bid at this valuation. Additionally, after the new offering ends, you can receive an extra 5% reward. For example, if you bid $1,000 on ZAMA, you will receive an additional $1,000 * 5%, resulting in a total of $1,050 worth of tokens. If I held the NFT, I would choose to only bid $200, but I don't, so I won't be bidding 😂

▰ Binance Wallet has released a financial product that allows for negative interest rate borrowing, meaning you borrow money without paying interest and actually receive rewards, which is essentially a subsidy.

▰ BitMine, a leading company in Ethereum micro-strategies, is suspected of increasing its holdings by 29,462 ETH today, worth about $88 million. It feels like institutions are continuously buying, but the coin price keeps falling...

▰ The prices of physical gold and silver (international spot gold and silver) have reached new highs, indicating strong market uncertainty, with everyone tending to buy safe-haven assets. Additionally, the physical prices here differ from those of gold and silver bought in stores, as the latter are usually more expensive due to venue/labor premiums.

No major events today, wishing everyone great wealth!