Data: Since its inception, the Department of Government Efficiency (DOGE) has seen an increase of $2.1 trillion in the official US debt

On November 24th, the Perpetual Contract DEX Hyperliquid announced on the X platform that currently HIP-3 deployers have the ability to activate the "Growth Mode", which reduces fees by 90%. The Growth Mode can also come into effect based on other multipliers, such as collateral fee discounts tied to stablecoins and staking rewards.

On November 24th, based on glassnode data, around 79.6% of the circulating SOL (approximately 478.5 million tokens) is currently in a state of unrealized losses. This highlights that prior to the recent downturn, the on-chain distribution of the market was highly concentrated at its peak.

On November 24th, according to market information, the Thai cryptocurrency exchange Bitkub is contemplating conducting an initial public offering (IPO) in Hong Kong. Bitkub might commence its IPO in Hong Kong as early as the next year with the aim of raising approximately $200 million.

On November 24th, as per on-chain analyst Ai Auntie (@ai_9684xtpa), the "Longing a Basket of Altcoins" whale has been maintaining a position for a week. Currently, their unrealized losses have grown to $4.06 million. Among the 22 tokens they are long on, only one, LINEA, is in a profitable state, while the rest are in the red. The largest position in token HYPE ($4.64 million) has an unrealized loss of $1.303 million.

On November 24th, the CEO of Strike, Jack Mallers, stated on Sunday that JPMorgan Chase closed his bank account last month without providing a reasonable explanation. After being questioned, JPMorgan Chase responded that the account had "concerning activity." In response to this, there is widespread concern in the market that Operation Chokepoint 2.0 is still in effect. Operation Chokepoint 2.0 refers to a coordinated action that is allegedly being taken by U.S. federal banking regulators during the Biden administration and is aimed at pressuring traditional financial institutions to refuse services to businesses, executives, and individuals in the cryptocurrency ecosystem.

On November 24th, according to the monitoring of GMGN (accessible via https://t.me/gmgnaibot?start=i_m4TE56o8), as the BTC price stabilizes, some altcoins and meme coins have witnessed significant fluctuations recently. These include: PIPPIN: Currently with a market value of $53.15 million and trading at $0.053, it has seen a 2-hour increase of over 80%. Yesterday, it briefly surged from $0.027 to $0.085 and then quickly fell back to its previous level. Today, it has once again experienced a significant increase. BANANA: With a current market value of $36.88 million and trading at $0.0036, it has a 2-hour increase of over 20%. Yesterday, it briefly rose from $0.024 to $0.035 and then saw a slight decline. Today, it has once again experienced a significant increase. TNSR: With a current market value of $136 million and priced at around $0.17, it has a 2-hour increase of over 50%. On the 20th, it briefly rose from $0.12 to $0.35 and then quickly fell back to its previous level. Recent