1) Market trend

BTC fell, altcoins fell across the board, and the market lacked hot spots.

US stocks fell. The US election countdown is approaching, and the market is in a wait-and-see mood.

2) Market hot spots:

1. Small coins such as Troy and Santos rose. They are all small coins with new contracts opened by BN, and Troy is a stock that has transformed into an AI meme.

2. Musk-concept DOGE, MASK, etc. rose. Trump temporarily leads in Pennsylvania, the largest swing state.

3. Platform coin BNB fell, and BN was accused of greed for charging high listing fees. The general trend is that funds are transferred from CEX to DEX. In the future, centralized exchanges will gradually decline, and the most profitable contract business will be replaced by on-chain local dogs. In the long run, the planned economy will definitely not keep up with the evolution of the free economy. Since the beginning of this year, the proportion of DEX/CEX transaction volume has increased from 8% to a new high of 15%, doubling.