GM20250609

1) Market Trends

BTC is rising, the BTC contract rate is negative, and the long-short ratio is 0.6, which historically tends to be a contrarian indicator. Altcoins are experiencing a widespread increase, and the on-chain market is diversifying.

U.S. stocks are rising, Trump will appoint a new Federal Reserve chairman, and the market expects two interest rate cuts in September and December. This year, the dollar has depreciated by 10%, while gold has risen by 30%. The U.S. government is spending $7 trillion against $5 trillion in revenue, resulting in a $2 trillion deficit gap and a total national debt of $37 trillion, causing the dollar to plummet even under a 5% Treasury yield. Funds are flowing from U.S. stocks to gold and emerging markets.

2) Market Highlights:

1. The Base chain's KTA, Mamo, Giza, AAA, etc., have surged. The leading PayFi public chain's KTA has increased over 200 times in six months, with a high degree of control over its chips, reaching a market value of $1.6 billion. Funds are flowing from the Sol chain to the Base chain, with many real projects behind it rather than memes, which is somewhat related to support from the Base Foundation.

2. The Ton chain's gift NFT trading volume has surpassed that of the ETH chain, following a logic similar to QQ Show. The leading Plush Pepe has skyrocketed 300 times in six months, rising from 30 U to 9000 U, accounting for 50% of the NFT trading volume on the Ton chain. This year, the Ton chain is strategically developing QQ Show, Yu'ebao, and e-commerce.

3. The AVAX chain's meme Ket has fallen sharply but has reached a new high, with a market value of $600 million. The AVAX chain's Arena launch platform is attracting many conspiracy groups to issue meme tokens.