[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.staticimgs.com/image/ann_en_20251128_151635_33390ef85fd0895cb04fb216f689e2e7.webp) * Market Commentary: On November 28, after several days of wide-range consolidation, BTC saw a clear surge with increased volume on the 27th, briefly pushing up to this cycle’s local high of $91,942, marking a new short-term high. * Trending Tokens: Benefiting from sector narratives and community-driven momentum, some tokens rose against the broader market trend. BBT gained over 80% in 24 hours due to rising attention and increasing trading volume, while PAPARAZZI and SQD both rose by more than 50%. * Alpha Insights: MegaETH issued full refunds due to confusion around its pre-deposit fundraising and plans to relaunch its cross-chain bridge. Following the recent launch of the Monad mainnet, several ecosystem projects are releasing concentrated opportunities. Ethereum raised its block gas limit to 60 million, pushing network throughput to new highs ahead of the Fusaka upgrade. Discover more details today → Paparazzi Up Over 60% in 24 Hours | Monad Launches Multiple Ecosystem Initiatives Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. ### Disclaimer Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.
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