Market performance
1. Cryptocurrency: Bitcoin fluctuates, and MicroStrategy spends $700 million to continue buying. Altcoins take the opportunity to rebound, and market activity increases.
2. Traditional finance: US stocks rebound, and investor sentiment warms up. Gold prices hit a new high, which may be driven by economic uncertainty and risk aversion demand.
Market focus
1. AI track: The AI sector has swept away the previous downturn and showed a strong rebound momentum as a whole. After a deep adjustment of 80% from the high point, the current rebound has attracted much attention. Related concepts and projects such as cookie, ai16z, arc, and fartcoin have also become more popular. Among them, arc plans to build a launch platform similar to pump, which is expected to inject new vitality and development model into the AI field.
2. BSC chain ecology rises: projects such as bnx, burger, and cookie on the Binance Smart Chain (BSC) chain have performed well and ushered in a sharp rebound. Binance founder CZ is committed to revitalizing the BSC chain, and the newly launched launch platform project bnx has become the leader of this round of BSC chain development. In addition, Burger will make major moves in the future, planning to change the currency to SI, and will increase the issuance by 6-12% every year. This move will undoubtedly have a profound impact on its market circulation and value trend.
3. Coinbase's new online project is cold: Coinbase has newly launched the game L3 project B3 based on the base chain, but the market is not buying it. The price was halved only one day after the launch, reflecting the market's cautious attitude and low recognition of the project.
4. IP public chain Story has attracted much attention: The highly anticipated IP public chain Story will officially issue coins this week. In pre-market trading, its market value has reached 3 billion US dollars, which has attracted widespread attention and discussion from all parties in the market. Everyone is waiting to see its market performance after the official issuance of coins.
