Latest progress update
The AI sector has received a major boost, with OpenAI set to release a new AI model in the next two weeks. This will have a positive impact on FET, RENDER, and ARKM in the AI sector, and an explosive rise is expected.
On the other hand, SOL's PUMPFUN platform may face the risk of being banned from use by US users, and may even be sued by the SEC. This is bad news for the local dog projects on the SOL chain that rely on the platform. However, before the big meeting on the 20th, if the situation does not change, there may not be much of a problem in the short term.
Currently, the issuance of USDT is increasing, while hot money in the currency circle is on the sidelines. Previously, when the market value of USDT was 100 billion, the price of Bitcoin was 74,000, and now the market value of USDT has reached 120 billion. It is expected that by the end of the year, Bitcoin has the potential to break new highs. The market is currently at the bottom of the big cycle, and the remaining weeks of September may be the final wash-out stage.
