The market has reversed and is here to pick you up! Pay attention to seize the opportunity!
Today's market highlights:
1. Bitcoin is consolidating at a high level, while Ethereum is expected to pull back and test 2500; altcoins are currently following the mainstream coins' adjustments, which is a normal pullback, and can be held!
2. Trump has publicly stated his support for cryptocurrencies and artificial intelligence, but the effect of this has not significantly driven the market.
3. The Believe platform's popularity is waning, beginning a rational pullback: as of now, the platform's token market cap exceeds $450 million, with a cumulative trading volume of over $1.4 billion and a total of 11,231 tokens.
4. Launchcoin's market cap has surpassed $350 million, continuously reaching new highs, driving the $SOL blockchain meme sector to flourish.
5. Popular coins such as #GOONC, #DUPE, #Hosico, and #Glonk are mostly launched by Letsbonk.fun or the Believe platform, while Pump.fun's market share has significantly declined.
6. The #STARTUP token, promoted by HIM, surged 30 times at one point in the morning session, but most short-term projects have fast growth and quick pullbacks, requiring caution in chasing highs.
7. Web3 track and VC dynamics:
MetaMask confirms it still has plans to issue tokens;
Web3 ticketing platform KYD Labs has received a $7 million investment from a16z Crypto. Since March, VCs have clearly shifted towards investing in projects with practical business models, indicating that the next round may focus on “practicality.”
8. Today, the Adventure Island token NXPC is launching, which is worth noting; Strategy is publicly bullish on Bitcoin, predicting it will break one million dollars within 10 years, with the company aiming for the global market cap Top 1.
