Brother Nine's Morning News Share / August 20

1. Market Trends

1. BTC plummeted, and the market is overall showing a volatile adjustment trend. BTC is slightly bearish in the short term with obvious capital outflow, and altcoins are falling across the board.

2. US stocks plummeted, and the market is waiting for Powell's speech on Friday.

2. Market Highlights

1. The small coin API3 surged, listed on South Korea's Upbit.

2. The meme launch platform Light surged, with all income used for buybacks. Currently, Lighter's income is 1/3 of Pumpfun, and its market cap is 1/15.

3. Valantis acquired Hyperliquid's second largest liquidity staking platform StakedHYPE.

4. The strongest in the market? OKB stands at $124, with a market cap of 2.5 billion. The popularity of the X Layer chain remains high, but community feedback indicates that MEME coins are hard to play.