「5.13 Market Analysis」- Crypto Krystal says
Today the market is quite lively, and as soon as the news of the US-China tariff resolution came out, the market took off. This afternoon, Bitcoin soared to 106,000, and Ethereum also broke through 2,600, mainly due to a joint statement between China and the US, where both sides agreed to keep tariffs at 10% for the next 90 days, which is lower than market expectations and is considered a positive development.
However, after this wave of increase, the market calmed down quickly, as it is just a "ceasefire agreement". If negotiations break down after 90 days, tariffs could directly rise to 24%, so risks still need to be monitored.
Tomorrow night at 8:30, the CPI data will be quite crucial. If the data performs well, expectations for interest rate cuts may heat up again, and the market could surge further.
Today's highlights:
1. Is the Trump family’s third MEME coin coming? It is said that Truth Social will launch a MEME within 72 hours. It might be issued on BSC, TRX, or the ETH main chain, depending on which chain. Last time, $Trump launched and attracted quite a bit of liquidity, so this time caution is advised.
2. Many people speculate that the coin will be issued on BSC, using the Trump family’s stablecoin USD1 as the liquidity pool, and both BNB and USD1 should be available for purchase. To be safer, one can first use BNB to swap for some USD1 on Pancake, or use @UseUniversalX, which allows you to buy across the entire chain directly with U and earn points.
3. $TRUMP: There’s a snapshot of Trump having dinner today, and there might be expectations of a drop after it ends. The team's control over the market is quite varied, so short-term operations need to be cautious.
4. @BNBCHAINZH and @BNBCHAIN's on-chain wallet bought $24,000 worth of $Skyai and $AIOT, and an hour ago, @BNBCHAIN also increased its position by $74,000 in $SKYAI, quite impressive.
5. Binance Alpha: REDACTED (RDAC) will be launched tomorrow, and it has also added a points consumption mechanism.
Additionally, NEXPACE (NXPC) will be launched, with trading starting on May 15.
6. MYX Finance: @MYX_Finance has recently set up a Keeper Network staking node system, allowing holders to enjoy VIP mechanisms directly, so keep an eye on that.
7. $MIRAI: The presale has ended early, and within 24 hours, participants in the presale will receive a 50% refund, so watch for notifications.
8. Since the market started to rise, the meme sector has performed the best. The total market cap has risen to nearly 80 billion. The rotation in the MEME sector is evident, with the top five gains over the past seven days all being MEME. $WIF $NEIRO $PNUT these three funds are relatively strong, but have already seen considerable short-term increases.
