GM20250616

1）Market Trends

BTC adjusts, altcoins broadly decline. On-chain trends shift towards the revival of old coins, which is essentially a conspiracy group's manipulation.

U.S. stocks decline, and the dollar falls. Israel and Iran are at war.

2）Market Highlights：

1. The Trump family's DeFi project WLFI now has a pre-market valuation of over $10 billion. The first round of financing was valued at $1.5 billion, and the second round at $5 billion. Among them, Sun Yuchen bought 3%, approximately using $45 million, earning at least $300 million, and also established a good relationship with the U.S. president.

2. Major volume pumping projects on BN Alpha like Koge and ZKJ plummet. The project parties on BN spot have no hope, taking advantage of retail investors’ good liquidity to dump and sell. BN Alpha's trading volume has decreased by 50% from its peak.

3. Public chain SOL rebounds, and a spot ETF is expected to pass soon. SOL staking leader JTO follows suit.