GM20250523

1）Market Trends

BTC reaches an all-time high, altcoins lag behind in growth.

U.S. stocks fluctuate, and the U.S. deficit is out of control.

2）Market Highlights:

1. The on-chain contract platform Hype surges, with a market cap of $33 billion entering the top 10, potentially rising to a market cap of $50 billion (1/2 of BN) in the future. Hype's chips are highly concentrated, with total contract holdings reaching an all-time high, and recent daily income automatically repurchasing about 500,000. Large whales prefer to use Hype.

2. Meme coins such as Fartcoin, Moodeng, and Labubu see significant gains. Moodeng listed on American Robinhood. Labubu, after plummeting to zero, reaches a new high; it is a global IP of Pop Mart, similar to Chillguy.

3. Coins related to the WLFI concept, such as B and Lista, surge. B is the meme stablecoin USD1 for WLFI, while Lista collaborates with WLFI. The market anticipates that WLFI, associated with Trump, will launch tokens at the market peak in October, potentially reaching BN quickly.

4. AI-related coins WLD and Cookie experience significant increases. A16Z fund purchases $130 million in WLD. Cookie aims to develop a business similar to InfoFi, with a market cap lower than Kaito.

5. The largest DEX platform in the Sui ecosystem, Cetus, suffers a major theft, causing a collective crash in Sui chain meme coins. The ETH chain has recently been used for money laundering.

6. On the BN Launchpool, Huma is listed; Huma Finance operates in RWA and PayFi, with a business model similar to a Web3 version of P2P lending.