There have been quite a few moves in the crypto world these days. Let's take a look at what has happened.

First of all, a significant milestone— a Chinese-language token has finally launched spot trading after more than two months. Previously, it launched its futures contracts on October 20th, and today it finally made its debut in spot trading. Chinese projects are still quite rare in the spot market, so this is a landmark event.

The hype around new token offerings remains strong. The Zama project will open registration for its new token sale at midnight tonight. The earlier you register, the better. The main token sale won't start until January 12th, with registration closing on the 15th, token distribution on the 20th, and the TGE also scheduled for the 20th. The perpetual contract platform edgeX is also joining the excitement, officially launching its Pre-TGE season today. Participants can earn up to 5% of the tokens as rewards, and a new reward unit called XP has been introduced, distributed weekly until the TGE, expected to be fulfilled in Q1. Entering at this stage to test the waters is also a good idea.

Speaking of the frenzy around new token offerings, a previous project called BTW on a certain wallet was oversubscribed by 1603 times. Today’s ZTC is even more outrageous, with oversubscription soaring to 2522 times. The enthusiasm keeps escalating, truly incredible.

Another mainstream platform, X Launch, has announced a new project called River. The participation requirements are an account balance of at least $200 and a trading volume of at least $500. Eligible users should remember to claim their rewards promptly.

Interestingly, users who participated in the Espresso project on a certain new token platform need to bind their addresses before January 18th to avoid missing the window.

On the market side, the prediction on Polymarket about "U.S. invading Venezuela" sparked controversy. It was ultimately judged as NO, because the U.S. action was seen as targeted arrests rather than a full-scale military invasion. Many participants expressed dissatisfaction, and the issue is still fermenting.

The last amusing thing is that the Discord community of the "毛人" (毛毛人) is planning an IPO. For friends who are not very familiar with US stocks, it might be time to start learning about it.

New year, new atmosphere. Wishing everyone smooth market conditions!