Today’s market conditions and hot topics
1. Market overview
The market fluctuated significantly today. Bitcoin fell back after failing to hit the 100,000 price level. Altcoins generally fell, with DOGE, NEIRO, and PNUT leading the decline. U.S. stocks fell, with the U.S. dollar index reaching a one-year high, as Powell's comments and actions dampened expectations for an interest rate cut, significantly reducing the likelihood of a rate cut in December.
2. Hot spots focus
1. Usual project: Binance Launchpool’s Usual project is built on the RWA stablecoin of U.S. short-term Treasury bonds. Investors can earn income from long-term pledges. It is less innovative than the ENA project. The founder is from France and the main investor is IOSG.
2. AI Meme coins: AI Meme coins such as ACT, GOAT and some coins in the Zoo series performed well today. Funds were rotating in the field of Meme coins. However, the market adjusted when BOME coins made up for the increase, and their performance was like a doomsday chariot affecting the market trend. .
3. On-chain Tugo: The sentiment of the on-chain Tugo project has reached its peak. Value coins such as LTC, IOTX, and IO have transformed into Meme currency businesses, and institutions such as Animoca have joined in to promote the development of this trend.
Next, I will also study the on-chain projects in depth and plan to ambush a potential coin that is ready to explode. It is very simple to double. At the same time, I am also planning to find some potential coins to get by the end of the year. There is no problem with the expected space of more than 10 times. , want to keep up with the lower button 666
