KEYTAKEAWAYS
- AI Memes Tokens Market Cap Drops 14.93% Daily
- Total Value Locked In DeFi Reaches $119.388 Billion
- IREN: Total Bitcoin Mining Output Reaches 3,984 BTC In 2024
CONTENT
Welcome to CoinRank Daily Data Report. AI Memes Tokens Market Cap Drops 14.93% Daily. Total Value Locked In DeFi Reaches $119.388 Billion. IREN: Total Bitcoin Mining Output Reaches 3,984 BTC In 2024.
TOTAL VALUE LOCKED IN DEFI REACHES $119.388 BILLION
On January 9th, the total value locked (TVL) in DeFi projects stands at $119.388 billion. Lido, AAVE, and EigenLayer maintain their top three positions, with their combined TVL reaching $65 billion.
Source: DefiLlama
Analysis:
The decline in DeFi’s locked assets is mainly due to cryptocurrency price fluctuations. Among the top 10 crypto assets by TVL, only UniSwap showed a slight increase, growing 0.97% in the past 24 hours. Major cryptocurrencies like BTC and ETH showed downward volatility in the past 24 hours, while most altcoins also experienced declines.
AI MEMES TOKENS MARKET CAP DROPS 14.93% DAILY
On January 9th, AI Meme crypto assets’ market capitalization decreased by 14.93% to $4.565 billion. AI16Z fell by 19.65%, FARTCOIN dropped 16.99%, and GOAT declined by 12.39%. Among the top 5 AI Meme market caps, TURBO had the smallest decrease at 3.97%.
Source: CoinMarketCap
Analysis:
Unlike previous Meme tokens, AI Memes are generated and driven by artificial intelligence: AI creates IP characters for Meme coins on social media, with promotion and interaction with crypto asset players primarily led by AI. The AI Meme definition has also activated attempts to launch tokens using AI models, including deploying contracts via AI or independently issuing tokens on Pump platforms. Unfortunately, a completely human-free “full AI Meme” does not exist, but AI Meme’s “de-humanized” expression is already quite clear. As investors, it’s essential to fully consider the volatility of AI Meme tokens, as new concepts come with high returns but are also accompanied by significant risks.
IREN: TOTAL BITCOIN MINING OUTPUT REACHES 3,984 BTC IN 2024
NASDAQ-listed bitcoin mining company IREN released its monthly update report, revealing that its December 2024 mining output was 529 BTC, with mining revenue approximately $52.1 million calculated at $98,524 per BTC. Additionally, IREN’s total bitcoin mining output for 2024 reached 3,984 BTC. IREN’s revenue increased by 60% in 2024.
Source: IREN
Analysis:
The continuous rise in BTC prices during the bull market led to considerable profits for BTC mining companies in 2024. Data center expansion was also a key factor in revenue growth, with the Childress data center expanding 17-fold from 20MW to 350MW. Currently, IREN has installed 31 EH/s of computing power, with expectations to reach 50 EH/s in the first half of 2025.
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