GM20240524

1) Market trend:

The market fell, BTC dominance plummeted, which is good for the altcoin season.

The US stock market pulled back. PMI economic data rose to a 2-year high, and the first interest rate cut was expected to be postponed from November to December.

2) Market hot spots:

1. The public chain ETH fluctuated at a high level. The US SEC passed the key documents of ETH ETF, and it will take several months to officially pass.

2. Meme people, pepe, mog, turbo, wajak, joe, etc. rose sharply. They are all ETH-related memes, and Joe rose 30 times from the bottom.

3. ETH-related ens, ethfi, manta, etc. rose sharply. Ethfi launched a re-pledged credit card business.

4. Decentralized stablecoins tru and ondo rose sharply. BN's metadrop will be listed on Lista. Lista is a liquidity pledge and decentralized stablecoin lending protocol, a new project made by the original BSC chain helio team, and helio was severely attacked by hackers.