April 24, 2025 Cryptocurrency Market Analysis

Market Trends

Today, the cryptocurrency market shows a unique situation. Bitcoin maintains a volatile pattern, with price fluctuations relatively stable, reflecting a relative consensus on Bitcoin's value and a cautious wait-and-see attitude in the market at this stage. However, the altcoin market is exceptionally active, generally showing an upward trend, with the market's main theme tightly focused on meme and AI.

In the U.S. stock market, exciting news has emerged. U.S. stocks have risen sharply, and this positive trend is closely related to Trump's softening stance with China and the Federal Reserve. Trump's move has eased market tensions, reduced uncertainty, and boosted investor confidence, increasing market risk appetite, leading capital to flow into risk assets, which has had a positive spillover effect on the cryptocurrency market, providing a favorable external environment for the general rise of altcoins.

Market Highlights

1. Meme Concept: The meme coin trump launched by Trump has performed exceptionally well, with prices skyrocketing. Its uniqueness lies in the fact that the top 220 holders can enjoy a rare opportunity to dine with U.S. President Trump, and theoretically, borrowers of the coin are also eligible to participate, greatly stimulating market participation enthusiasm. However, some unlocking times have been postponed, and this change may impact the short-term supply-demand relationship and investor expectations, requiring ongoing attention to the subsequent unlocking dynamics and their effects on price trends.

2. AI Concept: The AI sector's coins such as turbo, aixbt, cookie, and zerebro have all rebounded. On-chain, the severely undervalued AI-related coins generally saw several times their increase. Among them, zerebro gained significant attention due to collaboration with celebrity Kanye West, with the celebrity effect bringing extra market attention and capital inflow, making it one of the focal points in the AI sector, and its development trends will have a leading impact on the overall AI concept in the cryptocurrency market.

3. Public Chain Sui: The public chain Sui has surged strongly, initiating a weekly-level rebound trend. Its ecological projects, such as cetus and memefi, have also followed suit. Sui has shown the strongest performance among many public chains, and recent market expectations suggest it may attract more traditional financial capital through an ETF; if successful, it will bring new opportunities and vitality to its ecological development and is expected to further consolidate its position in the public chain market.