Hey guys, let's talk about today's cryptocurrency market! Bitcoin has been soaring recently, almost reaching its previous high, drawing in funds from the market. When Bitcoin rises, altcoins also get a boost and collectively take off. The US stock market is also performing well, interestingly, Moody's downgraded the US rating, which is quite surreal.
Now let's discuss the recent market hotspots. As an established public chain, Ethereum hasn't been performing well lately, struggling to hold its price, with strong bearish sentiment. However, some meme coins like Neiro, Moodeng, and Launchcoin, which had previously plummeted, have recently rebounded significantly. Additionally, the payment public chain KTA is currently gaining momentum, with its market cap skyrocketing to 700 million USD, having increased 80 times since March! Although KTA is a compliant and high-performance public chain, it's quite unique that its token is issued on the Base chain. In contrast, the chain game NXPC is struggling, with prices continuously falling and players unable to earn money, even the Ponzi wheel hasn't started turning, indicating that the GameFi sector is currently not viable.