GM20250702

1) Market Trends

BTC is down, altcoins are generally down. The SEC is working on establishing universal listing standards for crypto ETFs.

US stocks are down. Powell reiterates a wait-and-see stance on interest rate cuts, and Trump is arguing with Musk.

2) Market Highlights:

1. Small coin H surges. H is similar to Worldcoin's AI palm recognition, with technology outsourced by a Chinese team.

2. Meme tokens on the Solana chain, Useless and Startup, are surging.

3. Previously strong coins, Hype, are down as industry competition intensifies.