[비즈한국] This report summarizes the market performance and trends of major cryptocurrencies ranked within the top 100 by market capitalization over the past week. We provide comprehensive core information, including key developments for major assets like Bitcoin and Ethereum, altcoin market highlights, and global policy variables. It is designed to help you understand the volatile cryptocurrency market as easily and enjoyably as watching Netflix.
According to the global virtual asset market tracking site CoinMarketCap, from 3:00 AM on December 19 to 3:00 AM on December 26, the cryptocurrency with the highest weekly gain was PIPPIN, which saw a weekly price increase of 29.76%. Currently, the price of PIPPIN is 770 KRW, with a market capitalization of 770.07727 billion KRW.
PIPPIN is a meme coin and AI agent project issued on the Solana blockchain. It is a storytelling-based token where the community builds a narrative centered around a unicorn character and its world. Rather than being a simple meme coin, it adopts a concept that allows developers and creators to build automated digital assistants and content agents by utilizing an open-source modular AI agent framework.
In 2nd place is Canton Network (CC), which rose 28.11% over the past week. Its current price is 141 KRW, with a market capitalization of 5.1734 trillion KRW. Canton Network is a permissioned blockchain network designed for the institutional financial sector. It aims to integrate digital assets, tokenized securities (RWA), and payment infrastructure with existing financial systems. By promoting a structure that pursues both privacy protection and regulatory compliance, it is strengthening its positioning as an 'institutional tokenization layer' through collaborations with major financial infrastructure companies.
In 3rd place is Night Token (NIGHT), which rose 22.64% over the week. Its current price is 114 KRW, with a market capitalization of 1.8961 trillion KRW. Night Coin is the native token of Midnight, which aims to be a privacy smart contract layer within the Cardano ecosystem. Following its listing in December, it surged over 50% in the first week and over 19% on individual trading days, emerging as a top gainer in the privacy theme.
In 4th place is Merlin Chain (MERL), with a weekly gain of 20.16%. Its current price is 660 KRW, and its market capitalization is 719.34181 billion KRW. Merlin Chain provides financial solutions utilizing blockchain and is gaining attention due to its increasing utility in the financial industry.
In 5th place is LEO, which recorded a weekly gain of 19.96%. Its current price is 11,778 KRW, and its market capitalization is 10.8572 trillion KRW. LEO is a utility token issued by the cryptocurrency exchange Bitfinex, which is gaining popularity by providing benefits for using the exchange.
At the same time, Uniswap (UNI) rose 16.49% to take 6th place. Its current price is 8,574 KRW, with a market capitalization of 5.4048 trillion KRW. Double Zero (2Z) rose 15.83% to rank 7th. Its current price is 173 KRW, and its market capitalization is 600.66845 billion KRW. Sky Protocol (SKY) placed 8th with a 15.66% rise. Its current price is 97 KRW, and its market capitalization is 2.2434 trillion KRW. Curve Finance Token (CRV) rose 14.61%, with a current price of 576 KRW and a market capitalization of 822.65431 billion KRW. Zcash (ZEC) climbed to 10th place with a 13.76% gain. Its current price is 643,941 KRW, and its market capitalization is 10.5957 trillion KRW.
PIPPIN has emerged as a representative meme coin of the year-end bull market, repeatedly surging 25–40% daily since mid-December and rising over 1,000% over the past month. Although it is a unicorn-concept meme token based on Solana, its key momentum is attributed to a supply shock caused by factors including 'Unicorn Reserve' incentives linked to an AI project (Mind Network), large-scale accumulation by whale wallets, and reduced supply on exchanges (with over 40% of the total supply moved off exchanges).
Canton Network led the strength in the privacy coin sector following news of a partnership with the DTCC (Depository Trust & Clearing Corporation) for tokenized security issuance based on the Canton Network, alongside year-end expectations for institutional RWA (Real World Asset) infrastructure. On December 24, amid the thin liquidity of the Christmas Eve holiday, it surged 20–25% over 24 hours. This solidified its narrative as a 'regulatory-friendly privacy and institutional tokenization layer,' and analysis indicating it handles hundreds of millions of dollars in daily settlement volume appears to have boosted investor confidence.
For Night Coin, following the DTCC-Canton Network collaboration, buying sentiment spread throughout the privacy coin sector. The combination of its connection to Cardano and increasing demand for Web3 privacy (such as healthcare and fintech data protection narratives) resulted in a synergy of 'new listing + sector momentum' that served as the backdrop for this week's rally.
※ This article was written by Bizhankook and MetaVX's generative AI.