morning paper
Market trend:
1. When the market falls, copycats generally fall. eth etf is scheduled to pass this summer.
2. The US stock market is volatile, and the decline in ppi industrial inflation is good for interest rate cuts.
Market hot spots:
1. Meme’s BOME rose, and Coinbase launched contracts.
2. Robot banana rose to a new high. Banana is a native trading robot on the eth and sol chains, with more than 1.5 million weekly active users. Banana’s current market value is US$500 million. During the same period, the leading company Unibot has completely fallen to a market value of 900wu. The competition on the robot track is brutal.
3.ai’s ar fell. Only 1/3 of the new currency ao is given to ar, and 2/3 is obtained through eth staking mining. Adopting a 4-year halving model similar to Bitcoin, it is planned to issue coins in February 2025.
4. DeFi’s CRV plummeted, and the founder of CRV shipped goods through pledge liquidation many times.