2024.11.21. Daily Report——

1) The market trend shows BTC surging close to 100,000, with OK contract long-short ratio at 0.5. BTC's dominance has reached a new high of 61%, while altcoins have plummeted, with meme coins leading the decline. U.S. stocks are mixed, MicroStrategy plans to issue bonds to purchase 2.6 billion USD in BTC, similar to the Luna cyclical lending model, with MicroStrategy's U.S. stock trading volume nearing Nvidia.

2) Market Highlights:

1. Meme coin Floki has risen and will be listed on Coinbase.

2. Previously strong meme coins like Pnut, Act, RIF, etc. have all plummeted drastically. The meme market is likely to take a break for a month.

3. On-chain dog coin Chillguy has surged dozens of times, reaching a market cap of 400 million USD in just a few days. Chillguy is a character created by artists in 2023, representing a laid-back lifestyle, and is currently trending on TikTok.