GM July 7, 2025

I. Market Trend

BTC is rising, with market rumors that 80,000 BTC from an ancient whale have been OTC sold, alleviating short-term bearish sentiment. Altcoins are following the trend, and on-chain memes are active.

The U.S. stock market is closed for the National Day, and the deadline for tariff relief is approaching.

II. Market Highlights:

1. The meme token Bonk has surged, with a market cap of $2 billion. The trading volume on Bonk's meme launch platform has exceeded Pumpfun, with 58% of the fees being used to repurchase Bonk and build strategic reserves. Innovations such as Useless, Hosico, and Ikun on the Bonk platform have reached new highs.

2. The DeFi project Myx has surged, which is a perpetual contract trading platform on the BSC chain, previously bought by the BSC Foundation.

3. OK Exchange is preparing for its U.S. stock market listing, with stricter compliance measures.

$BONK $MYX