Key market trends to watch today:
1. The Meme market on the SOL chain shows signs of improvement: some quality top Memes are experiencing a pullback, with yesterday's listing of the chillguy contract on Binance also causing a pullback, as the previous surge has now turned into a correction.
2. The rise of AI Meme hotspots: AI Memes on the SOL chain are driving a FOMO wave due to the rapid circulation of $UBC, with projects like $MONA hitting a $20M market cap upon launch.
3. THE shows strong performance: The listing of $THE on Binance exceeded expectations, with CZ frequently commenting on crypto and BSC-related topics, driving market FOMO for the BSC ecosystem.
4. The $GFT issuance event: The Gifto project has increased the supply of $GFT by 1.2 billion and transferred it to Binance, Bitget, and Kucoin exchanges, which needs attention.
5. Coinbase hints that $PNUT may launch: Coinbase released a squirrel image, sparking market speculation, and $Pnut is worth long-term attention.
6. Funds flow to CEX: As the on-chain Meme market is weak, funds are concentrating on DeFi, public chains, and L2, with projects like $UNI, $AAVE, and $ENA rising, continuing to be optimistic.
7. ETH gains momentum again: BlackRock's ETHA hits a historic high trading volume, and Robinhood launches ETH staking services for European users.
Be cautious of on-chain risks: In a bull market, using new💴 wallets to experience new projects, remember to stay vigilant.
