Cryptocurrency News and Market Highlights
Market Dynamics
BTC is currently maintaining a volatile trend, with altcoins generally declining and the market overall lacking strong leading hotspots, resulting in a slightly subdued trading atmosphere. Meanwhile, the U.S. stock market has seen a rebound.
Market Highlights
1. New Projects Launch: The BN Alpha platform has recently launched new projects Milk and Haedal. Milk is a liquid staking protocol based on Cosmos technology; Haedal belongs to the Sui ecosystem staking protocol. Additionally, the BN wallet has also launched the BTC ecosystem project Bsquared Network today, attracting market attention.
2. Performance of Controlled Stocks: Layer, as a typical controlled stock, has reached a new price high. According to on-chain data, the controller holds at least 25% of the circulating supply of the token, and the highly concentrated chips exhibit strong independence in performance.
3. Divergence in Meme Coins: Meme coins represented by Trump have seen a significant decline, mainly due to the plan by Trump's media company Truth Social to issue a new token, raising concerns that the value of old coins may be diluted. In stark contrast, on-chain meme coins such as House, Hosico, Troll, and Neet have collectively risen, with House's market capitalization approaching $100 million, and the whale address Ansem continues to accumulate. There is a saying in the market that 'the issuance of female-led tokens signals the end of the market,' but this view remains controversial.
