May 16, 2025
I. Market Trends
BTC is declining, altcoins are generally falling. FTX will start a new round of repayments on May 30.
U.S. stocks are volatile.
II. Market Highlights:
1. The blockchain game NXPC is soaring. It is the official game chain transformation of Korean Adventure Island, which launched in 2003 and has 200 million users and $5 billion in revenue, making it a super large IP. The official investment is exclusive with no VC, and the chips are highly concentrated. Many studios have earned significant profits, but the market response indicates less income from gold farming. Similar type BigTime has reached a market value of $5 billion.
2. On-chain meme startups, Useless are rising. Startup is a meme from the Believe platform, with KOL Him promoting it. Useless is a meme from the Bonk platform, with Bonkfun's founder buying in.
3. Today's TGE project for the BN wallet is Alaya AI, an AI data labeling platform.
4. Market leaders Moodeng, Launchcoin, etc., have plummeted, indicating that smart money is exiting the market.