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If the government shuts down, the SEC will have limited activities because federal agencies can’t operate without funding, except for a few things like protecting property. Companies trying to raise money or handle securities transactions should know that the SEC’s Corporation Finance staff won’t be available to approve registration statements, offering statements, or process those filings. The SEC won’t process filings that need review, like registration statements or tender offers. Companies won’t get feedback on their filings, and delays will happen once the shutdown ends. The SEC won’t answer questions or handle requests for exemptions or no-action letters.  Gary Gensler previously announced he would retire from the SEC on January 20. President-elect Donald Trump has nominated Paul Atkins, a Republican and former SEC commissioner, to replace him. Atkins, a well-known conservative Washington insider, will take over from Gensler, who has been an aggressive SEC chair under President Joe Biden.$XRP

$DOGE Dogecoin surged by 5% following Elon Musk’s tweet on anticipated Payment service Dogecoin surges by 5% following Elon Musk’s tweet on anticipated Payment service. Dogecoin the memecoin surged by 5% following an Elon Musk tweet hinting that the memecoin could play an active role in the anticipated X payment service. The leading memecoin has a long history of reacting to Elon Musk tweets and statements due to the history between both parties. Dogecoin surged in price after Elon musk posted a screenshot of Popular Podcaster Joe Rogan on November 22. The screenshot contained a dollar Icon that is quite different from the apps tipping service. The dollar icon features sparked speculation with one user noted in an X post, speculating that it might be for sending money as part of X Payments. Elon musk's comment has fuelled more speculation around the highly anticipated X payment service. DOGECOIN AND ELON MUSK  Dogecoin and Elon Musk go all the way back from the creation of the memecoin. Elon Musk heavily promoted the memecoin in its early days but took a long break after the asset lost almost 80% of its value. Elon musk has continued shilling the token but this time subliminally through cryptic messages and indirect cues. Dogecoin has always reacted to payment-related news around an Elon Musk-owned company. His electric car company Tesla already accepts Dogecoin for merchandise purchases and services. Elon Musk has initially floated plans to turn X into a general-purpose app facilitating payments between users. Analysts believe that when he eventually does this the X app might include transactions with some digital assets such as DOGE, given Musk’s long-standing affection for the token. Dogecoin at the moment is exchanging hands for $0.4109 surging by 13.1% in the last 7 days. The memecoin has surged by 197% in the past month making it one of the highest performing memecoins in the market. Dogecoin also outperformed bitcoin recently as memecoins continue to impress in the bull run. WHAT TO KNOW  Memecoins are the biggest beneficiaries of the Bull run outperforming other Altcoins in the bull cycle. Memecoins like PNUT, Dogecoin, Chill Guy and Quant all made list of top performers this bull cycle. Memecoin trading is back in vogue as new millionaires are minted daily from flipping 10X,100x and 1000X memecoins. Memecoin trading remains a risky venture with memecoins notorious for having double digits losses. Bitcoin is still expected to cross the $100,000 mark soon with the asset currently at $96,000.

Dear Bitget Insights Users, We have noticed that some users have been frequently posting duplicate content in the community. Such behavior not only disrupts the community's communication experience but also seriously violates the community rules. To prevent violations from impacting the community's safety and environment, we will implement the following measures: 1. Bans for Severe Violations Accounts with serious violations will be banned from participating in community activities, including posting, liking, commenting, and sharing. 2. Warnings for Minor Violations Users with less severe violations will receive warnings. Continued violations may result in account bans in the future. If you have any questions about these measures or wish to communicate further, please feel free to contact us via private message on the official Bitget Insights X account (https://x.com/BitgetInsights). We will actively respond and assist in resolving your concerns. Thank you again for your understanding and support! Bitget Insights Team Below is the public list of users who violated rules in this issue 👇🏻 Banned Nicknames: BGU****AL ham****is Jac****ez BGU****1B Mik****ce Ele****ia jac****ry MR-****on Jam****to Sho****oo tra****ng Ros****er Har****ia BGU****4U BGU****WV Nad****ot Haf****at Cro****st sum****di BGU****1G cry****ng Leo****ry BGU****V7 kin****01 Rob****th Ify****pt Cry****10 BGU****1L Joe****gh BGU****as BGU****XG Mir****an I_****an DON****EX BGU****L8 Cry****nt BGU****R1 BGU****XP Gle****11 老****盘 BGU****L6 BGU****AF Ka****en BGU****SJ BGU****F3 cry****st Dav****on BGU****6B BGU****KW Cry****es BGU****L0 Ish****fa Kha****eb BGU****JC BGU****3Z جیک****ک۔ BIT****OW Cry****ha can****ce Cry****h2 🤖N****m☠ BGU****G7 jas****oy Mr_****er BGU****KL BGU****XK wal****42 RL_****ns DL****rt 🌸a****🌸 sa****an Zai****ts kin****64 Ann****ne Any****er cry****st Ali****el BGU****HB BGU****KY BGU****BB FAU****YU Sha****st Uma****02 San****23 ba****💫 Ro****eo Jac****de BGU****R1 Cry****ia Nim****💞 Jim****my Bit****ng Mee****ii Jam****op Cry****ia Ceo****er Dav****as Mr_****ca kin****te Ka****or zai****ah E_M****ER Mee****02 Aro****oi Ars****63 BGU****MV Mar****us GEN****QP muh****�⚡ Mh****en kil****as BGU****KM 扎*布 BGU****10 BGU****D0 Nob****❤️ Li****_$ BGU****VG マテ****ーン BGU****QE Tw****ch BGU****0R

Floki (FLOKI) is a cryptocurrency inspired by Elon Musk's Shiba Inu, with a current price of $0.0002161 and a market capitalization of $2.07 billion. It's known as "the people's cryptocurrency" and is part of the Floki Ecosystem, which includes various utility projects such as Valhalla, a 3D NFT metaverse, FlokiFi, a suite of decentralized finance products, and FlokiPlaces, an NFT and merchandise marketplace. *Key Features:* 1. *Utility Token*: FLOKI is the utility token of the Floki Ecosystem ¹ ². 2. *Decentralized Governance*: The Floki community, known as the "Floki Vikings," has a strong focus on community engagement and social media presence. 3. *Partnerships*: Floki has partnered with notable projects like Chainlink, Trader Joe, and ApeSwap. 4. *Charity Initiatives*: Floki has pledged to build schools in underdeveloped nations, with existing projects in Guatemala, Ghana, Laos, and Nigeria.

$AVAX recovered above $50 after the official launch of Avalanche9000. The new network has been in testing since November 25, and only took weeks to reach the official launch as a new L1. The launch arrives just days after Avalanche secured a $250M funding round from over 40 VC funds with the goal of supporting the updated Avalanche9000 chain. Avalanche9000 is an upgrade that has been in the making for a long time. The changes are based on multiple community proposals, which were implemented in the launch, also known as the Etna upgrade event. After the upgrade, AVAX recovered to $50.21, on the verge of re-joining the top 10 coins and tokens. AVAX was at one point seen as a competitor to Solana, though the chain was left with an older collection of apps. Ahead of the Avalanche9000 upgrade, the chain also saw a boost in its activity. In November, Avalanche produced $1.5M in fees, while previous months ranged under $800K. After the renewed gas structure, Avalanche and its validators will have to adapt to a permanently lower gas income. Tether (USDT) made up more than 25% of activity on Avalanche as a share of total transactions. Circle’s USDT takes around 10% of transactions, pointing toward DEX swaps as the major source of Avalanche income. Trader Joe and Odos swaps make up another 10% of the network’s transactions. Avalanche to offer more accessible launches to Web3 startups Before Avalanche9000, the project carried a complex mix of validator chains, as well as C-Chain, an EVM-compatible network tailored for gaming and Web3. Avalanche was one of the projects to offer curation and advice for new gaming projects. C-Chain ended up supporting high-profile games, while some projects launched their own subnets. After the update, C-Chain will transform into Avalanche9000, though explorers have not yet reflected the name change. With the upgraded L1, Avalanche aims to add projects that will each launch their own network, at a much lower cost. Previously, Avalanche required a significant upfront amount of AVAX to launch a subnet, which led to many projects seeking a more accessible solution. Avalanche9000 will work the same way as C-Chain, but with 96% lower gas fees. All the new L1 will be compatible and offer a seamless experience. The new L1 chains will essentially copy the subnet structure but with much lower initial fees and gas prices. Avalanche already carries $1.62B in DeFi value locked and is one of the chains to carry native Tether (USDT). The network also carries a version of Aave (AAVE), as well as other DEX and DeFi apps. C-Chain worked in a way similar to Ethereum-compatible L2 and achieved bridged inflows from Ethereum. Avalanche was one of the few L1 chains to build a connection to Ethereum. During the early gaming and NFT stage, some of the Avalanche projects even started on Ethereum and migrated at a later date. Avalanche aims to build its own scaling solution Through its experience with C-Chain, Avalanche noted that a single L1 was not sufficient to carry high-traffic apps and general transactions. Unlike Ethereum, Avalanche wanted to scale with its own collection of new compatible side chains. Each chain would have its own rules while being compatible with the main network. Even before the upgrade, chains like Dexalot carried a larger number of transactions and consumed more gas compared to C-net. Avalanche’s team wants to repeat that success and invite more Web3 startups to launch a native L1 at a minimal cost. All L1 will be compatible with MetaMask and Avalanche’s Core wallet. At this point, Avalanche aims to encourage a new wave of product-building. Previously, Avalanche focused on play-to-earn, while also adding several high-traffic DEX like TraderJoe and Pangolin. Apps and gaming projects either had to compete for gas on C-Chain, or make a significant upfront investment to build a subnet.